According to the Department of Labor, gold is produced in 17 countries by child labor or forced labor. The countries include: Bolivia, Burkina Faso, Colombia, Demographic Republic of the Congo, Ecuador, Ghana, Guinea, Indonesia, Mali, Mongolia, Nicaragua, Niger, North Korea, Peru, Philippines, Senegal and Tanzania
Our friend, Max Keiser has a slightly different take:Â What's more exploitive, the US dollar or Gold mining?
I say "slightly" there because he does readily admit to gold exploiting child labor and also being environmentally very damaging.
Well, I think about the corporate attacks on WikiLeaks and many WikiLeaks supporters calling for boycotting Amazon.com, PayPal, VISA, and now Bank of America. This blog takes donations via PayPal. It pays it's bills automatically via VISA. It banks at BofA. It sells the occasional item on Amazon and gets an affiliate commission. Now, the U.S. government is going after Julian Assange with a vengeance. What's next, don't pay taxes? Frankly, if we take connections to the extreme, we end up with survival in the wilderness trying to outrun the hi-tech system that will sense us from remote sensors anyway. It really is "1984."
So, what are we to do about gold investing vis-a-vis child labor and environmental degradation?
I suggest Max Keiser start a new gold exchange called The Ethical Gold Exchange. He can take steps to certify gold that comes from a system that uses no child or forced labor, that pays employees a living wage and does other good things toward them, and that engages in environmentally safe mining, etc. That gold would be valued at a premium just as organic food is now.
If he can't put that together what with his background and connections and resources, maybe he should think about resigning himself to 1984. I'd rather he didn't though.
Would I invest in Ethical Gold? If holding Christian Commons Land and Building Fund "money" in Ethical Gold would be better than in our ING saving account, perhaps. Of course, the Commons plan is organic farm land and vertical indoor farming and the like. So, it would only be temporary.
I have nothing against the metal, gold, per se. I only have disdain for the greediest of the greedy behind blood-and-slave gold.
What do you think, Max? Would Putin hear you? Are you listening Vladimir? We're giving away great ideas for free here. The only thing on the line is everyones' soul.
The following should appear at the end of every post:
According to the IRS, "Know the law: Avoid political campaign intervention":
Tax-exempt section 501(c)(3) organizations like churches, universities, and hospitals must follow the law regarding political campaigns. Unfortunately, some don't know the law.
Under the Internal Revenue Code, all section 501(c)(3) organizations are prohibited from participating in any political campaign on behalf of (or in opposition to) any candidate for elective public office. The prohibition applies to campaigns at the federal, state and local level.
Violation of this prohibition may result in denial or revocation of tax-exempt status and the imposition of certain excise taxes. Section 501(c)(3) private foundations are subject to additional restrictions.
Political Campaign Intervention
Political campaign intervention includes any activities that favor or oppose one or more candidates for public office. The prohibition extends beyond candidate endorsements.
Contributions to political campaign funds, public statements of support or opposition (verbal or written) made by or on behalf of an organization, and the distribution of materials prepared by others that support or oppose any candidate for public office all violate the prohibition on political campaign intervention.
Factors in determining whether a communication results in political campaign intervention include the following:
- Whether the statement identifies one or more candidates for a given public office
- Whether the statement expresses approval or disapproval of one or more candidates' positions and/or actions
- Whether the statement is delivered close in time to the election
- Whether the statement makes reference to voting or an election
- Whether the issue addressed distinguishes candidates for a given office
Many religious organizations believe, as we do, that the above constitutes a violation of the First Amendment of the US Constitution.
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
That said, we make the following absolutely clear here:
- The Real Liberal Christian Church and Christian Commons Project not only do not endorse any candidate for any secular office, we say that Christianity forbids voting in such elections.
- Furthermore, when we discuss any public-office holder's position, policy, action or inaction, we definitely are not encouraging anyone to vote for that office holder's position.
- We are not trying to influence secular elections but rather want people to come out from that entire fallen system.
- When we analyze or discuss what is termed "public policy," we do it entirely from a theological standpoint with an eye to educating professing Christians and those to whom we are openly always proselytizing to convert to authentic Christianity.
- It is impossible for us to fully evangelize and proselytize without directly discussing the pros and cons of public policy and the positions of secular-office holders, hence the unconstitutionality of the IRS code on the matter.
- We are not rich and wouldn't be looking for a fight regardless. What we cannot do is compromise our faith (which seeks to harm nobody, quite the contrary).
- We render unto Caesar what is Caesar's. We render unto God what is God's.
- When Caesar says to us that unless we shut up about the unrighteousness of Caesar's policies and practices, we will lose the ability of people who donate to us to declare their donations as deductions on their federal and state income-tax returns, we say to Caesar that we cannot shut up while exercising our religion in a very reasonable way.
- We consider the IRS code on this matter as deliberate economic duress (a form of coercion) and a direct attempt by the federal government to censor dissenting, free political and religious speech.
- It's not freedom of religion if they tax it.
And when they were come to Capernaum, they that received tribute money came to Peter, and said, Doth not your master pay tribute? He saith, Yes. And when he was come into the house, Jesus prevented him, saying, What thinkest thou, Simon? of whom do the kings of the earth take custom or tribute? of their own children, or of strangers? Peter saith unto him, Of strangers. Jesus saith unto him, Then are the children free. (Matthew 17:24-26)