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
I’m not sure if you noticed, but Ron Paul is a U.S. Congressman who’s running for President. Throwing out press releases every time some kook, nutball, or suspected criminal uses his name is probably not the best or most efficient use of his time.
Do you think President Bush was involved in a 9/11 conspiracy because he hasn’t personally taken the time to publicly denounce every single crank loony website that says he was? Most people realize that national public figures attract all sorts of attention, and that it’s foolish to assume connections with every single person that proclaims their support just because the public figure hasn’t taken the time to specifically and publicly reject that person.
If you're talking about the Mexican peso, it happens to be a legal currency. There is no law against accepting legal foreign currencies as payment for goods and services. In fact, if there were then most currency exchange departments would be technically in violation since they accept foreign currencies as payment for dollars.
Not a bad “coin”, but I’d sure have to say it pales against a US Silver Eagle. The US Gold coins aren’t especially wonderful, but the Ag Eagles are really beautiful. Got no problem with Mexican Onzas aka “Libertads”, either. Nice coins.
Prices here:
www.amark.com
www.tulving.com
www.apmex.com
The "spot price" is the per-ounce cost of a 500-ounce ingot of gold or silver located in New York. Saying that a one-ounce round is "worth" the spot price means that you want to rip off the trucker who carried the ingot to the mint and will carry the round to you, and the owner and operator of the mint who paid big bucks for the equipment and energy needed to convert that 500 ounce ingot into 500 one-ounce rounds.
Oh man, your new graphic is *almost* as good as the fat boy one.
whither the “scam”?
because now they all of a sudden have no assets and if you want your money back you have to get it from the “other guys”
In keeping with that analogy, it is illegal to write bad checks.
They claim their currency is backed by gold, but they no longer have the gold.
Regardless of if it was legal before, it has no value now.
I personally favor discussion rather than name-calling. Which is why I should have kept away from this thread to begin with. But, to each his own...
“Counterfeit” has a very specific meaning - an intent to defraud by presenting something worthless as if it had value.
When you have a pocket full of Liberty Dollars, you have the intrinsic value of the silver or gold of which they are made, and only a passing resemblance to US base-metal coinage.
Using the term “counterfeit” here is patently incorrect.
True, but if one must name call, one should at least use a clever name to call.
Currency substitution with both an antiwar and profit agenda?
It may be merely a gargantuan coincidence that George Soros, one of the world’s most infamous currency-manipulators abroad, is unquestionably doing all sorts of things to disrupt our winning the WOT... and rumored to be a shadow supporter of Ron Paul to depress and split the Conservative vote....
Thank you for reminding me why I’m no longer a Republican. Long live the government goons and fiat currency, right?
I think this amounts to a private agreement to barter, not illegal. IMO, it’s a clever accomodation for the convenience of peso holders and obviously there are plenty of them in that border area. I’m perfectly sure the vendor is making a nominal amount on the exchange rate, and may even get a better exchange rate if he lets the pesos he accepts pile up into a bigger pile.
If you agreed to take Monopoly money or Britney Spears CDs for a transaction you and I had going, I don’t think that would be illegal.
If you agreed to take $1-denominated US Silver Eagles as payment based upon their face value ($1 each) that would also not be illegal.
As I’ve said, the REAL (IMO) area where this organization has run badly and clearly afoul of many existing laws (mostly securities and banking laws) is issuing the paper money and calling it ANYTHING like “currency” or “redeemable” or “legal tender”. Ouch!
Thank you for reminding me why I think Libertarians are POS.
Add me, too. These Paul threads are very entertaining! ;-)
WHY IS IT THAT I CAN’T FIND ANOTHER REPORT OF A RAID DOING A SEARCH OF THE NEWS?
Did you even read the article? The reason they don't have any of that stuff is because the FBI kicked in their door and confiscated it all.
Judging by this thread I guess cheap shots are all anyone has to offer.
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