A New System of Banking
The Free Lakota Bank is the world's first non-reserve, non-fractional bank that issues, accepts for deposit, and circulates REAL money...silver and gold. All of our deposits are liquid, meaning they can be withdrawn at any time in minted rounds.
Some may confuse our economic structure with isolationism...which it is not. Since we currently produce much more than we consume, we have the right to decide what medium of exchange to accept for our effort. And so, we accept only value for value. Across our great land, over thousands of tribes and merchants participate in our system of trade. We invite others to trade with us and bring value back into our transactions.
A New Standard of value
"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion...when you see that in order to produce, you need to obtain permission from men who produce nothing...when you see your laws don't protect you against them, but protect them against you...when you see corruption being rewarded and honesty becoming a self-sacrifice...you may know that your society is doomed."
At the Free Lakota Bank, we issue, circulate and accept for deposit only AOCS-Approved silver and gold currencies. Silver & gold are a store of value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Since we deal only in real money, we do not participate in any central bank looting schemes.
Money is made possible only by those who produce. Paper is not money, instead merely a promise to pay. We hope that some day the rest of the world will awaken from the American Dream: the dream that a person can sustain life by consuming more than producing. We call it the American Dream because you must be asleep to believe it. Well, that dream now has a silver lining; as people discover the dream is really a nightmare, the only solution is a return to value: value that comes from production and honest trade.
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Also read:
Lakota withdraw from treaties, declare independence from U.S.
The Lakota Sioux Indians, whose ancestors include Sitting Bull, Red Cloud and Crazy Horse, have withdrawn from all treaties their forefathers signed with the U.S. government and have declared their independence. A delegation delivered the news to the State Department earlier this week.Portions of Nebraska, South Dakota, North Dakota, Montana and Wyoming comprise Lakota country, and the tribe says that if the federal government doesn't begin diplomatic discussions promptly, liens will be filed on property in the five-state region. Here's the news release.
"We are no longer citizens of the United States of America and all those who live in the five-state area that encompasses our country are free to join us," said Russell Means, a longtime Indian rights activist. "This is according to the laws of the United States, specifically Article 6 of the Constitution," which states that treaties are the supreme law of the land.
"It is also within the laws on treaties passed at the Vienna Convention and put into effect by the U.S. and the rest of the international community in 1980. We are legally within our rights to be free and independent,"(read full story)
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Russel Means
The L.A. Times has called him the most famous American Indian since Sitting Bull and Crazy Horse. His indomitable sense of pride and leadership has become embedded in our national character. Today, his path has brought him to Hollywood, thus enabling him to use different means to communicate his vital truths. Through the power of media, his vision is to create peaceful and positive images celebrating the magic and mystery of his American Indian heritage. In contemplating the fundamental issues about the world in which we live, he is committed to educating all people about our most crucial battle - the preservation of the earth.