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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
Thank you.
Thanks Iwo Jima. As I told someone else, it may be that the reserves are not sufficient.
Bravo comrade!
Don’t know much about this, but it is definitely bothersome.
That may be. And if it is then the customers have a legitimate right to complain, unless it was disclosed in their contract that they would use fractional reserve banking principles (meaning that they don’t keep 100% reserves on hand at any one time but are obligated to go out into the market and buy more reserves in the event of a “run on the bank”).
I wouldn’t want to run a business like that or do business with someone who did. That’s just my take on it. Thanks for the comments.
Silver/Gold/Platinum. Well they were before confiscation.
What a fascist/socialist thing to say. Boy this site has changed a lot in the last 8-9 years.
What’s the difference between liberty dollars backed by silver and a gift card backed by nothing?? Gift Cards are nothing but private currency, redeemable for nothing but that retailer allows you to buy.
If only 5% of the currency is in paper or digital form, the most that could ‘fake’ would be $1 million, not $9.5 million as the coins are MADE OF SILVER/Gold.
Actually private coinage became illegal by Act of Congress in 1864, yet small denomination coins were still produced in California until 1882 (when the law was enforced). Source: Guidebook of United States Coins (1997), p. 291.
The issuance of bank notes by national banks ended in 1935. Source: The Reserve Banks and the Money Market, (New York: 1936) Harper Bros., p. 74.
LOL Anyone can ‘print’ anything and claim it as money but if it’s not backed by something no one will use it. The Liberty Dollars are backed by silver..in fact 95% of the currency is literally made of silver or gold. I have no liberty dollars and no desire to trade in anything but US currency but to not only allow but blatantly support the confiscation of private assets is indeed fascist—and yes socialist—of you.
Actually, Krugerrands are minted by the South African government.
Is it because they want to make a profit? A profit consisting of other people's federal reserve notes? Why would they do that if they are so against the federal reserve dollars?
Do you even think about that?
Someone just made a few odd coins and notes collectible - keep an eye on ebay.
hmmm..just read this. Was this raid supposed to have taken place this morning? Because the article email states that “that about 8:00 this morning a dozen FBI and Secret Service agents raided” and then “For approximately six hours they took all the gold”
This was posted on FR at 10:50:21 AM EST.
Um.
Ah, no.
You might recall that the government is the one selling millions of gold and silver Eagles, as per congress, since 1986.
What the “norfed” folks were doing is something else entirely. First, they looked vaguely US mint-like, and had a face value of “$20”; it doesn’t matter if you make them out of tin or lead, you start making your own money and putting a dollar value on it, you’re gonna get some extra attention from Uncle Sam.
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