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Hello.
Hey, Tom. It's Rich.
Yeah.
Everything, uh, squared away?
Yup. Got everything doing the best that I can. So, say your name and the date.
Yeah, uh.. Rich Angell here. As in 'Richard Arthur Angell'. And the date is the Seventh
of June, 2006. And the time-on-deck here in Montana is 14:09.
Okay.
Alright.
I'll let things run.
Oh, hi, Rich. we were just talking about you today.
Hi. Howya doin'?
I'm doing pretty well. Thank you. I understand there's uh... you were saying about the Liberty
Dollar? I'm here to redeem my silver, and answer any questions you might have.
It's not a misunderstanding. Here's what I think you're doing. You're doing this to different
businesses, right?
Yeah.
Really? So, what you're doing is you're coming in and you're saying 'twenty dollars'.
Uh-huh.
And you're getting $20 worth of merchandise.
Right.
But the store is not getting twenty dollars. Not in American currency.
Not in American currency, right.
No! Where the hell do you get off coming into a store that deals in American currency and
give out this sort of thing?
It's a voluntary currency.
No, no. Don't give me this 'voluntary currency' crap! This isn't a barter system! What stores
do you know around here ... are you going to go into Wal-Mart and say, "Well it's a
voluntary currency?" No, this is a stupid ... I don't know how many places you've given
it..
Uh-huh.
But, I'm going to find out.
You know what?
You wanna threaten men?
It's a scam.
Okay.
But this is a scam.
Uh-huh.
Anyway you slice it! You're buying these for like eleven bucks, and you're getting merchandise?
You bought a CD in here, right?
I bought a CD, yes.
How much was the CD?
It was what, tweleve dollars, er..?
Yeah, you got eight dollars cash back!
Uh-huh.
Not any of this funny money; you got actual money back! Plus, you got the CD, and it's
only worth eleven dollars. We don't even have enough money in there to cover the cost of
the CD you bought.
OK. So, I understand that you're unhappy, and I'm here to ...
You understand it?! You're right! But, you know what? For the eleven dollar little game
you're playing, I'm going to see if I can figure out enough people to call to figure
this out. Because I'm not the only person you're doing this to.
No. Actually, I've spent about $10,000 so far. And only twice has anyone reacted angrily.
Really?
Yup.
You know why? They probably just didn't think it was just a con.
Or, they could be very happy with it.
Because why would they be happy to be ripped-off by half? Why? What is the advantage here?
Well, nobody's getting ripped-off.
Wait, wait. What's the advantage?
The advantage is business ...
But, wait a sec! Put the dollars back. Okay, let's just use my example, so that way you
don't have to think about it.
Okay.
Alright?
Alright.
You come to this store.
Yeah.
You buy a CD for $12. You give us this coin.
It's a silver. Go on.
Here you go! You give us something that is not worth $12. On the back it is written $20.
So your assumption is that it's worth $20. It's not worth $20. It's worth what, eleven
bucks?
Um..
How much did you buy it for?
Well, actually, I bought it back before the move up in price.
Don't, don't, don't, ... how much is it worth today?
Well, you see, I got it back when it was only $8.
Okay. So, you in other words --
Uh, tewnty dollars.
Where?
Anywhere where it's voluntarily accepted.
"Anywhere where it's voluntarily .." What is that?
That's how I pay my doctor, dentist, buy food. Wherever it's voluntarily accepted.
Give me some names.
Um ... Dr. Steve Smith down in the Bitterroot.
Okay. Who else?
Um ... I get my hair cut at whatehername? Rebecca .. on Oxford.
You can't remember her name that you give this to?
No, I can't remember the name of the business. She just moved it.
Okay.
Uh ...
So, give me some businesses, since you've spent tens of thousands of dollars.
No, no. I've done about ten-thousand dollars.
Okay, $10,000.
In California, in Oregon, Washington, here, and other states ...
Here! Here! Here! Here!
You're going to have to answer because other people are going to be asking.
Mm-hmm.
I'm going to make sure.
Yeah.
Well now I regret not bringing the brochure that I made.
See the thing is, it's one thing if he had a till full of these things where we can go
back-and-forth, but this a scam on your part.
I understand, what is it a scam?
It's a scam because we gave you eight dollars cash back, and this thing isn't even worth
eight dollars.
Well, a quarter isn't worth twenty-five cents.
Okay, you can stand here and parse your words all you want, but this isn't going to do it.
It really isn't. Obviously I'm pissed. I'm very pissed!
OK.
Because I think you're potentially a scam artist. That's what I'm thinking!
Okay. Well, have you ever heard of the Federal Reserve?
Yeah. Give me some more businesses here in town.
Okay. I don't know where they are.
Don't do it, Rich.
Where they accept them on a regular basis.
Okay. There's Doctor Steve Smith. I can give you the phone number if you like?
I hope you have a lot more than Dr. Steve Smith. What kind of doctor is he?
He's a chiropractic neurologist.
Okay. What's his number.
777-2003
Who else?
Now, when he does this, is that worh twenty dollars to him?
Oh, absolutely.
And he gives you money back?
Um, if there's change due. Otherwise, it would be a partial payment.
Who else?
Uh ... I wish I brought that brochure.
Your list is not very big. So far you've got a doctor in the Bitterroot.
And I spend them at the Farmer's Market. Some farmers will take them.
Businesses, man! Don't give me this guy who's selling bees at the Farmer's Market! I want
a retail business.
OK.
So, uh, we have the barber over there, and there's a computer consultant by the name
of Rich Gaskill. And he does computer consulting.
So what you're saying is the only other retail business that you've given those coins to
is us?
Oh, hell no.
OK. Who else?
So you give them to a lot of people, but these people are the only ones who really accept
them! So what have the other people done?
They either spend them, or take them home, or ask me not to send them anymore.
Right! Now where getting to the meat of the matter.
Uh-huh. It is a voluntary currency.
I'm going to make sure that a lot of people know that you are pusing this 'voluntary currency'.
This is ***. It really is. You work at MCAT?
No, I don't.
Okay.
So, in other words, we have you actively faking a lot of businesses, but there's only a couple
that really deal with it?
Uh-huh.
You're out giving them to a lot of businesses.
Right.
Now, they've either kept it, or asked you not to do it again, 'cause they're worthless.
Oh, not necessarily.
Well, you know, this isn't worthless either, but I can't take this to the bank and get
fifty cents out of it.
I understand that.
Because I tried to take that thing to the bank today.
This is the banks' competition.
Really?
Yeah.
Okay. I don't think they're concerned.
I do give my contact information anywhere I spend them, and I will happily exhange back
if anyone's unhappy.
You may want to point that out before you hand somebody a choice between a twenty-dollar
bill and one of those things. You may want to say to them, "You know, you cannot take
this to the bank and get your $20. This is not equal to American currency. And you may
be dealing in American currency in your business, but I'm not! I'm playing the game with you
man, and I'm going to give you something that's pretty much useless to you. But you know what,
you won't know that until you take it to the bank. And then I'll explain this to you how
this is the best thing in the world, because a lot of businesses take it -- except that
you come up with a list of two!
Ok, fine. I'm come back with a brochure.
I
don't want a brochure. I want people like you to be straight-forward and
not run some scam, and then hide behind it with some nice little catchphrase. Alright?
So, I want you right now to get out of here! I don't ever want you
to come back! If I do see you in my business, I will have you arrested.
Alright.
And also, I'm going to do everything I can to make sure people know about this, and where
they can get a hold of you. Because I talked to David H., and he's gotten like fifty calls
on this. People don't know what the hell to do with these things.
Who's David H.?
Oh, him.
Oh,him! Yeah..
Tell him that I sold to people who were actually perfectly fine with them.
Then why don't you go to them and see if they'll give you $20 worth of merchandise?
Well that's not the purpose of it.
No. You can come into businesses like this and get twenty-dollars worth of merchansise
when you've only paid eight bucks for this thing, and then the merchant tries to go and
get his twenty *** dollars back, and
he can't! Because it's not worth $20.
Well, actually, there's more to it than that.
No, there isn't! It's pretty basic. If I can't get twenty-dollars out if it, it isn't worth
it. Okay? So please leave!
Gotcha.
OK?
Great.