Lakota Launch Private Bank for Only Gold and Silver

[SlowDownFast]

http://www.restoretherepublic.com/economy/people-of-lakota-launch-private-bank-for-only-silver-and-gold-currencies

Hill City, Lakota - November 24, 2008 - In a stunning development, the Free & Independent People of Lakota announced today the introduction of the world's first non-reserve, non-fractional bank that accepts only silver and gold currencies for deposit.

"Today is a great day for us, a day that we begin to exercise our rights as a sovereign people with strength and pride," comments Canupa Gluha Mani, Tetuwan Council Judicial Member of the Cante Tenza "Strong Heart" Warrior Society. Mani's 2500 member warrior society has contracted to provide private security services for the Free Lakota Bank.

"We invite people of any creed, faith or heritage to unite in an effort to reclaim control of wealth. It is our hope that other tribal nations and American citizens recognize the importance of silver and gold as currency and decide to mirror our system of honest trade." Mani, also known as Duane Martin Sr, is a member of the delegation that declared Lakota independence on December 17th, 2007.

The launch of the Free Lakota Bank is also an incredible victory for StrikeForce Technologies, the access control experts providing depositor Out-of-Band Authentication. As the Free Lakota Bank does not require a name, photo identification or social security number to transact, StrikeForce's technology met the challenge of limiting fraud without requiring controversial biometric technology.

The People of Lakota invite depositors to establish accounts and invest in the Free Lakota Bank's General Investment Fund, the fund it uses to develop profitable free-market enterprise inside Lakota territory. Mani comments that the nation despises donations and charity, and instead insists instead on "earning our wealth by creating value for those that place their faith and trust in our system."

The Free Lakota Bank issues an American Open Currency Standard Approved currency, making it readily accepted for trade by over 10,000 merchants and businesses across the continent.

For more information, visit the Free Lakota Bank website at http://press.freelakotabank.com

[skooooo]

1. Good luck to them.

My first impression is that it sounds kind of backwards to start a bank based on gold, but maybe they know something I don't!

[undergroundpanther]

2. Lakota People,I admire you all..

Your tribe are a rock of sanity in this fucked up world. Thank you for fighting for your rightful sovereignty.Maybe others will learn from your lead and this greedy empire of shit heads dominating so much,will fail. And we all can reclaim our sovereignty over ourselves as human beings. One can dream..

[phantom power]

3. Bank Motto -- "You're not worthy!"

You have to love a metals-based bank that quotes Atlas Shrugged right on their website!

[zbdent]

4. Atlas shrugging ...

[formercia]

5. American Open Currency Standard

http://goldismoney.info/forums/showthread.php?t=318926

http://www.opencurrency.com/currencies.php

http://www.theneocoins.com/

[progressoid]

6. WHY???

Why would I buy silver from them for 3 to 4 times the going rate?

And isn't it a bit ironic that they rail against "paper money" yet accept it for their product/service. :shrug: