Posted on 11/15/2007 7:50:21 AM PST by Attention Surplus Disorder
Frontal Assault on Freedom: FBI Raids Liberty Dollar Posted by BJT on Nov 15, 2007 Read this email closely. I just got it this morning. Those of you who consider the gold standard a quaint anachronism, pay extra close attention. If Ron Paul supporters, gold standard advocates and the Liberty Dollar were nothing but harmless kooks, why would the FBI raid their offices when no crime was ever committed? This is a currency competing with the USD, yes, but they never, but never make the claim that it is legal tender or anything other than what it is: private currency. And private currencies are numerous in the USA.
No. This raid happened because the Liberty Dollar, the second most popular currency in the country, threatens to usurp the entrenched power of the Fed’s Almighty Dollar. People can see the buying power of the greenback eroding, and they will choose something else if it is available, and the Liberty Dollar is ready and waiting. And that’s why the government must resort to force in order to protect its stranglehold on the economy.
From Liberty Dollar Headquarters: Dear Liberty Dollar Supporters:
I sincerely regret to inform you that about 8:00 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville.
For approximately six hours they took all the gold, all the silver, all the platinum and almost two tons of Ron Paul Dollars that where just delivered last Friday. They also took all the files, all the computers and froze our bank accounts.
We have no money. We have no products. We have no records to even know what was ordered or what you are owed. We have nothing but the will to push forward and overcome this massive assault on our liberty and our right to have real money as defined by the US Constitution. We should not to be defrauded by the fake government money.
But to make matters worse, all the gold and silver that backs up the paper certificates and digital currency held in the vault at Sunshine Mint has also been confiscated. Even the dies for mint the Gold and Silver Libertys have been taken.
This in spite of the fact that Edmond C. Moy, the Director of the Mint, acknowledged in a letter to a US Senator that the paper certificates did not violate Section 486 and were not illegal. But the FBI and Services took all the paper currency too.
The possibility of such action was the reason the Liberty Dollar was designed so that the vast majority of the money was in specie form and in the people’s hands. Of the $20 million Liberty Dollars, only about a million is in paper or digital form.
I regret that if you are due an order. It may be some time until it will be filled… if ever… it now all depends on our actions.
Everyone who has an unfulfilled order or has digital or paper currency should band together for a class action suit and demand redemption. We cannot allow the government to steal our money! Please don’t let this happen!!! Many of you read the articles quoting the government and Federal Reserve officials that the Liberty Dollar was legal. You did nothing wrong. You are legally entitled to your property. Let us use this terrible act to band together and further our goal – to return America to a value based currency.
Please forward this important Alert… so everyone who possess or use the Liberty Dollar is aware of the situation.
Please click HERE to sign up for the class action lawsuit and get your property back!
If the above link does not work you can access the page by copying the following into your web browser. http://www.libertydollar.org/classaction/index.php
Thanks again for your support at this darkest time as the damn government and their dollar sinks to a new low.
Bernard von NotHaus
That stuff's worthless, I'll take it off your hands. But it'll cost you...
This says to me that 5% of that was backed by...nothing. This company is sitting on about $9.5 million dollars worth of precious metals, and they’re claiming its worth $20 million in legal currency. I’m not sure what the laws are, but if this were legal, it would be incredibly chaotic once everyone started jumping in to make their own currencies.
Basically, if these are indeed the underlying facts, what this guy is doing is operating an illegal bank that is violating not only every standard of ethical banking practice, but also every federal banking law.
***This is just the “powers that be” suppressing a growing economic market activity that threatens to undermine the people’s confidence of the Federal Reserve. Silver and gold are bad, dollars are good.***
Going by that, a carbon trading market would be a-okay.
OMG, it is a pyramid scheme, LOL.. Didn't I say a long time ago that the type of people who would follow the cult of Paul were the same type that would sell Excel Long Distance and Amway and tell you how you can be rich by just 'helping your friends...'
You mean it only took 12 of them to get to the gold and remove it from the depository within hours? Not exactly Fort Knox over there. It would have been great publicity if had taken the feds weeks to get their hands on the gold while bringing in heavy equipment, safe crackers, explosives and land mine detectors.
Hey, this sounds like a great business plan. You give me $250, and I'll give you $50 worth of gold that I say is worth $100. Of freaking course this is a scam. FBI raid or not, this guy is ripping off his customers and using the popularity of Ron Paul among gold investors to boost sales. If you want gold, buy gold. These coins are overpriced because of misleading stamps like "Trust in God" and "Negotiable" and "Dollar."
Then I guess the US Mint better go after every single freaking MC/VISA gift card ever made. Those are effectively private currencies as well.
“Going by that, a carbon trading market would be a-okay.”
If it heads in that direction, Algore will be hailed as the new Milton Friedman.
Here's the smoking gun...
"Liberty Dollar recently issued a "Presidential" Ron Paul Dollar in support of the Republican peace candidate. Now it asks peace-seeking Americans to start using the Peace Dollar and stop using the US War Dollar, as it finances the Iraq War."
"It's just your blind hatred of Ron Paul (frequently seen in armchair heroes) and your low intelligence that leads you to this."
If I have low intelligence, yet have the ability to easily dispute your non-points, where does that put you on the IQ scale?
"One thing I hate doing is wasting my time and effort arguing with fanatics.
I'm sure I'm in good company of "fanatics". Shall I post some unflattering comments about Ron Paul by Freerepublic's Head Fanatic?
You can have the opportuntity to call him a fanatic too if you like.
I wouldn’t think that hard currency would be discountable.
That's about as sketchy as can be.
Oh, come on Petronski—everyone knows that L. Ron would NEVER do anything to hurt this wonderful country.../sarc
Borrowing against the future is not a sound bet. Gold, silver, oil, labor, ect... have never been worth ZERO.
If you think a century of bad spending and increasing debt load from unfunded liabilities is a good "history behind it's credit"... then I'm afraid I must question your veracity.
I didn’t even know there was such a thing!
How is their paper currency, legal or not is in debate , any different than your check you give to the grocer?..............
Amway for Anarchists
Discounting a hard currency is tantamount to giving it away. This guy doesn’t give away anything.
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