Posted on 11/17/2007 11:07:57 AM PST by mvpel
This thread is linked to a PDF document containing the seizure warrant executed against the property of the Liberty Dollar corporation and the bearers of its negotiable warehouse receipts.
The justification lists charges of money laundering, mail fraud, and wire fraud.
Guilty until proven innocent, apparently.
Apparently when you “challenge” the system that be..
Yeah, why bother fighting a lawsuit in court when you can destroy your opponent by a stroke of a pen?
Freedom is such a 19th and 20th century concept. Old news. you and your children will not have it since you and your grandparents have not fought for it.
The greatest generation that went to war for freedom in Europe never fought for it here. The AARP wants government control a police state and we now have what the nazi’s did in europe.
Hope they are happy.
There is no one left, to free America.
When of IF they are found not guilty, they will get their property back.
Forfeiture Endangers American Rights
Unlike criminal proceedings, which place a high burden of proof on the prosecution and presume defendants are innocent until proven guilty, civil forfeiture cases force defendants to prove their property is innocent if they wish to get it back."It's a terrible law," said Allen Lichtenstein, an attorney for the American Civil Liberties Union of Nevada. "Here you have a situation where the government can seize property by alleging criminal activity, yet he (Mr. Olsen) says he's not concerned about the criminal charges? ... The place to prove these allegations is in a criminal case, where the defendant receives due process and reasonable doubt."
Forfeiture laws have been abused in Nevada and elsewhere for years, allowing authorities to grab homes, cash, cars and other valuable property from innocent citizens who have never been found guilty of a criminal offense.
In 1993, the U.S. Supreme Court held that civil forfeitures are no different from criminal fines, and financial penalties that are disproportionate to a crime violate the Eighth Amendment protection against excessive fines. The notion that Ms. Howard, guilty only of a misdemeanor pot possession charge, should lose her home and forfeit more than $300,000 is abominable.
The issue is that they are being punished (fined) through the forfeiture before being found guilty or having the opportunity to defend themselves in an open court of law.
Interesting from the NORFED web page:
“REAL Money You Can Trust
A national network of thousands of Liberty Associates, Merchants and Regional Currency Offices already exists to assist you. There is probably someone near you already. Now you can protect your money and profit. You and your family need not be at risk of a currency crisis. With the Liberty Dollar you have guaranteed protection because it is 100% backed and 100% redeemable in gold and silver. It’s REAL money! Plus, it is exciting to use your “own money” and be in a position of power over your affairs.”
HMMMMMMMMMMMMMMMMMMM, backed by gold & silver instead of just printing money on the “promise & good faith backing” like the U.S.treasury does. What a unique concept!!!!
The days of creating your own currency has been of for many, many decades. These characters should be tried and the fake currency confiscated.
They’re law breakers.
What a scam. If you don’t want your stuff seized, don’t break the law. A $20 coin was only backed by about $15 in silver.
Gold and Silver in the mold of coins are fake currency?
Every once in a while, I come across that coin, and wonder what good is it? It certainly appears to be made of real silver--but I don't know that for sure.
At the moment, I don't know where it is--I've stuck it some place, but have no idea where.
If it were my money that had been stolen, I would darn sure want the law to seize the assets, to prevent the criminals from hiding it overseas. Thank goodness I was too smart to be defrauded by this silly Ponzi scheme in the first place.
Now that the remaining assets were seized, at least some of the victims will be able to recover some of their losses. What they are not able to recover, will serve to remind them that crooks and frauds will use any pretense to steal their money. Let us hope the expense of their lesson will be worth it in the end.
Reading the application for the warrant I had to laugh when the FBI agent said Liberty used what they called worthless FRN’s (Federal Reserve Notes) for some of their membership transactions.
Isn’t this the same deal that has the “ron paul” dollars? Didn’t the paulbearers also just get caught with so me sort of credit card scam?
Great bunch there!
Why should private currency be illegal? The feds are attacking them on 'mail fraud' charges, but there is no fraud involved. They are not pushing this currency as federal currency. They are clear this is a local currency and there was no intent on copying federal currency as the feds will have to show. There are serious holes in the charges. The organization is perfectly in their rights to speak out against the federal reserve and the IRS. I would also push the first amendment angle that the use of this currency is a political statement and is protected speech.
Why should private currency be illegal? The feds are attacking them on 'mail fraud' charges, but there is no fraud involved. They are not pushing this currency as federal currency. They are clear this is a local currency and there was no intent on copying federal currency as the feds will have to show. There are serious holes in the charges. The organization is perfectly in their rights to speak out against the federal reserve and the IRS. I would also push the first amendment angle that the use of this currency is a political statement and is protected speech.
Some are selling for about $30 on e-bay.
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