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
If a tree falls in the forest.....?
Actually, only 68 cents of each RP dollar is backed with precious metal.
The other 32 cents are backed by the full faith and credit of a one dude running a website out of a storefront in Evansville, Indiana.
Right its bad for people to try to be self sufficent where the government has failed.
I am glad these peaceniks have had their currency taken and they are being monitored.
Shows your true colors, this is not about "any nut group to print their own currency for circulation" this is about their politics not the law. If the LD was about supporting the war you would be screaming about this.
That’s pretty damn hilarious, MNJohnnie - you’re the one flatly accusing someone of reporting a phony FBI/SS raid in order to abscond with money, so it strikes me that you’re the one who needs to confirm your facts before you post rumors and accusations.
Why should I call the FBI and Secret Service in order to confirm something that I already believe to be true just to satisfy your laziness and counter your libelous bile?
Y’all are seriously jumping the gun.
First, the Liberty Dollar company is known as a gold and silver trading company. They are a completely legitimate company. Any question that might arise is not one of if they are a legitimate business, but rather, if their products can be used the same way Federal Reserve dollars are. In most cases, this is left to the seller...if he wishes to trade his goods for Liberty Dollars (gold/silver/copper/paper), he may. I don’t own any Liberty Dollars, so I have no experience using them, but this sounds to me like a simple bartering system, nothing more sinister than that.
Second, this “email” that was sent out this morning has a few discrepancies, not the least of which is the time. Blog posts about this “email” start at about ten o’clock this morning. The letter is dated Thursday, November 15th, and says that there was a raid at “8 o’clock this morning” and continued for “six hours.” Now, I’m no math genius, but that tells me the raid would have gone till 2 p.m. today. How is that possible?
In addition, it says that all the computers were taken. Yet Bernard was able to apparently email all his clients from a database that likely would have been on company computers.
Third, we have only speculation and blog reports to go on here. And the blogs all say this is what they “have heard,” and there is no confirmation of any of it. And interestingly, the Liberty Dollar site remains up and functioning, including today’s date on a message from Bernard. The number listed on the website is still connected and takes you to a menu of options. Yet the speculation runs rampant. On one skeptical blog post, a reader commented that he had seen this “email” before, some time ago. I find it oddly amusing, that so many would leap on this and immediately begin drawing conclusions, when there is no confirmation whatsoever and in fact hugely contradictory evidence.
What’s must amusing about this is the attempt to connect it to Ron Paul. Ron Paul is not the owner or operator of Liberty Dollar. They honored him with a coin with his likeness on it, but there the association pretty much ends. To try to connect him to any “scam” or “fraud,” whether actual or simply a bad hoax, is positively laughable. Have some pride here, take the initiative and research before you leap on the smear-Paul bandwagon.
It’s one thing to not appreciate Paul’s ideals or support his bid for office. That’s a legitimate option. But when you dive into something completely ill-informed, hold it out there like gospel truth, and try to draw far-reaching connections to a circumstance you haven’t even tried to verify...well, then you just look like fools.
The ‘paper money’ are warehouse receipts not actual money.
The US Mint sells a ONE DOLLAR coin with one ounce of silver for $30. So is 133% of each RP dollar backed with precious metal?
My wife set up a surprise party at the local restaurant/watering hold around the corner from my company’s headquarters. She got the Industrial Relations Manager to make up an excuse to get me there that Friday after work.
Long story made short, I showed but he wasn’t there yet so I left. They sent him out to look for me, called home, etc. but I’d gone downtown to the annual sidewalk sale the merchants were having...which no one thought of. The party was over by the time I returned home and became ‘found’. A whole bunch of people had a good time, though (our VP of Mfg said to my wife “Great party, Julie, too bad Jim couldn’t make it” :)). That’s what counts.
I’m thinking the advertisement that said “100% backed” was false, since none of the money or coins are backed 100% by anything.
“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.”
Banks do this all the time. They pull money out of thin air. You deposit $100.00 in your savings account and your bank waves a magic wand and is then legally allowed to loan out 99$ for every 1$ you deposit. When you own the money...you don’t have to back it with anything.
Kewl, hugh?
Fractional-Reserve Banking.
The simplest, obvious explanation is that the raid took place at 8am on the 14th, the letter was written late in the day on the 14th and sent out, and only forwarded by the individual who wrote the first couple of paragraphs and the "Frontal Assault on Freedom" headline on the 15th.
If he doesn't know about it, he can't disavow it.
His friend mints them, his face is on them, his campaign sells them, they're discussed on supporters websites, somehow they enable contributions abovd the $2,300 limit, of course he doesn't know about them. How could he.
Like the multitude of other unsavory supporters Paul doesn't know about, his lack of knowledge about his own campaign is clear evidence of his complete incompetence when it come to executive management and decisionmaking.
I OBJECT to the FBI encroaching on the territory of the Treasury Department!
“I am AOK with the FBI seizing property used to commit fraud, to foster treason, or to disrupt the U.S. economy.”
Fractional-Reserve Banking. Same scam...but all banks do it.
Right because the pressing of coins, printing of receipts, and administrative cost are zero right? Do you think it takes 0 cents to print a dollar?
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.
If the above is true how come their website is up and running and their is NO reports of this "Raid" anywhere in the news? The ONLY thing that is being circulated is this email blast that is being reposted over and over by various fringer websites.
Sorry, I mistook the threatened raid with the actual raid of the filthy, non-fiat scam money artist's scam headquarters. You may throw $1000 in real fiat coins at me as my punishment. You'll want to hold onto those valuable non-fiat Liberty scam dollars, because they'll eventually be much more valuable than fiat dollars. /sarc.
Anyone who’s willing can call the FBI or Secret Service offices at any time.
“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.”
Once again....banks do it all the time with your savings..... it’s called Fractional-reserve Banking. They basically pull money out of their collective azz. It’s magic.
Either way raid or no raid, you are prove a fraud. Either you organization is a criminal fraud or your accusations are libel.
So are you a liar or a fraud?
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