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In Ron Paul Coins, Federal Agents Don't Trust
Washington Post ^ | 6:48 PM ET on Nov 16, 2007 | Alec MacGillis

Posted on 11/18/2007 10:30:18 AM PST by Tucson_AZ

In the affidavit, an FBI special agent states that he is investigating NORFED for federal violations including "uttering coins of gold, silver, or other metal," "making or possessing likeness of coins," mail fraud, wire fraud, money laundering and conspiracy. "The goal of NORFED is to undermine the United States government's financial systems by the issuance of a non-governmental competing currency for the purpose of repealing the Federal Reserve and Internal Revenue Code," he states..

(Excerpt) Read more at blog.washingtonpost.com ...


TOPICS: Crime/Corruption; Extended News; News/Current Events; Politics/Elections
KEYWORDS: dollar; liberty; libertydollar; nothaus; ronpaul; silver
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There are also some excellent comments posted to this article that are worth reading.

Additional information:

The following video does an excellent job of providing an understanding of the historic roots of the dollar, how the Federal Reserve operates and what our current economic situation is today, in a simple, clear presentation:

Money, Banking and the Federal Reserve
The Ludwig von Mises Institute - www.mises.org

video.google.com/videoplay?docid=-466210540567002553&hl=en
or
mises.org:88/Fed

1 posted on 11/18/2007 10:30:19 AM PST by Tucson_AZ
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To: Tucson_AZ

Bump for later.


2 posted on 11/18/2007 10:38:27 AM PST by Mad_Tom_Rackham (Elections have consequences.)
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To: Tucson_AZ

I have no idea if Ron Paul is connected with this, but I posted a similar article on another board, and every RP cultist came out in support of liberty dollars, alternate currencies, and non-payment of taxes.

This alternate currency is apparently like honey to conspiracy nuts and Nazis. It draws them out.

All the charges of fraud not withstanding, they say this is a plot by an evil government helpless against the sheer moral integrity of their lord, Ron Paul.

I swear, Paul has become a cult leader.


3 posted on 11/18/2007 10:41:14 AM PST by Cyclops08
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To: Cyclops08

Be careful. His fawning and brainless butt boys will be along to chastise you for daring to mock the “great” guru. Get ready to laugh at them when they fly off the handle over your sacrilege.


4 posted on 11/18/2007 10:49:34 AM PST by elhombrelibre (RUN Paul - a man proudly putting al Qaeda's interest ahead of America's.)
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To: Cyclops08; fortheDeclaration; George W. Bush
RP cultist came

thats me....a small govt "cultist" who thinks the Monroe doctrine is nonsense

btw - cyclops is apt - your view is myopic

5 posted on 11/18/2007 10:52:11 AM PST by Revelation 911
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To: Tucson_AZ

I havn’t read the whole article and know absolutely nothing about this. But I gather the FBI, secret service, etc, is saying it is illegal to mint your own coins?

If this true, then how do casinos get away with it?


6 posted on 11/18/2007 10:56:10 AM PST by mamelukesabre
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To: Cyclops08
This alternate currency is apparently like honey to conspiracy nuts and Nazis.

Goodwin Alert

7 posted on 11/18/2007 10:57:28 AM PST by N3WBI3 (Ah, arrogance and stupidity all in the same package. How efficient of you. -- Londo Mollari)
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To: Tucson_AZ

In an abstract economic theory, anybody with a sufficiently large store of bullion, be it gold, silver, or any other metal of very high commodity value, could stamp their own coins. In actual practice, this is outlawed in the US, and in most other countries.

The government monopoly on the right to strike coinage is jealously guarded, and rightly so. An independent authority, that is REALLY free of any government, would hold the reins in any country’s economic traffic, growth and development. Look what happens to smaller countries when a George Soros type gets hands on the commodities that support the value of the local currency. There is the question of accountability, and the love-hate relationship most people have to accumulations of vast fortunes - OK for me, not so much for you. I should be allowed to keep all mine, while you, on the other hand, have to give it up for the good of all others.

All tangled up with immortality or something, I do not hope to understand the psychology of it.


8 posted on 11/18/2007 10:59:58 AM PST by alloysteel (Ignorance is no handicap for some people in a debate. They just get more shrill.)
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To: mamelukesabre
"If this true, then how do casinos get away with it?"

They are only for use within a given casino and are not legal tender for commerce outside the casino.

9 posted on 11/18/2007 11:11:50 AM PST by davisfh
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To: Revelation 911
It would appear, judging from the ChiCom control of the Panama Canal, that the Monroe Doctrine is moribund, if not dead.
10 posted on 11/18/2007 11:17:25 AM PST by SigTech
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To: davisfh

Then why are we allowed to leave the casino with their “coins”? Do you really think no one ever barters for anything using casino chips?


11 posted on 11/18/2007 11:18:12 AM PST by mamelukesabre
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To: davisfh
They are only for use within a given casino and are not legal tender for commerce outside the casino.

Are Liberty Dollars legal tender? If not, how are they different?

12 posted on 11/18/2007 11:19:33 AM PST by eabinga
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To: mamelukesabre
First thing I noticed in the report was the Secret Service was not involved. Interesting if only because it is the Secret Service that is to investigate such matters.

Casinos are heavy political contributors and have been afforded special accommodations.

13 posted on 11/18/2007 11:19:36 AM PST by backtothestreets (My bologna has a first name, it's J-O-R-G-E)
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To: davisfh
Wrong answer. Casinos accept competing casino coins, and many businesses like restaurants in casino areas will accept the coins for payment of a meal. I lived in Reno many years and know this to be true because I have done it.
14 posted on 11/18/2007 11:23:33 AM PST by backtothestreets (My bologna has a first name, it's J-O-R-G-E)
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To: Cyclops08

Based on what I’ve read abut this case, including the affidavit used to secure the Warrant for seizure, Ron Paul had nothing at all to do with it. According to the affidavit, the alleged wrongdoing involved violations of Title 18, U.S.C., fraud regarding the value of the medallions and certificates, and also a multi-level marketing scheme.

That being said, Ron Paul is a religion of peace.


15 posted on 11/18/2007 11:26:05 AM PST by Unknowing (Now is the time for all good men to come to the aid of their country.)
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To: Cyclops08

People that want to follow the Constitution are cultists?


16 posted on 11/18/2007 11:35:51 AM PST by canuck_conservative
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To: Tucson_AZ
This was tried ten to twenty years ago by “The Republic of Texas” .

They minted a small silver coin, that was supposed to compete with the dollar.

You would buy about ten cents worth of silver for one dollar and you were supposed to be able to buy one dollar’s worth of goods at selected stores for each coin you used.

It and the stores dropped out of this scam very quickly.
It is still here!

http://www.rickross.com/reference/republic/republic11.html

17 posted on 11/18/2007 11:38:03 AM PST by HuntsvilleTxVeteran (Remember the Alamo, Goliad and WACO, It is Time for a new San Jacinto)
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To: elhombrelibre
His fawning and brainless butt boys will be along to chastise you for daring to mock the “great” guru.

ROFL. It's YOU guys who are hyperactive and foaming at the mouth, over someone who's at "2%" in the polls.

18 posted on 11/18/2007 11:41:14 AM PST by Extremely Extreme Extremist
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To: Extremely Extreme Extremist

Is he that high?


19 posted on 11/18/2007 11:42:32 AM PST by elhombrelibre (RUN Paul - a man proudly putting al Qaeda's interest ahead of America's.)
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To: alloysteel
anybody with a sufficiently large store of bullion, be it gold, silver, or any other metal of very high commodity value, could stamp their own coins. In actual practice, this is outlawed in the US, and in most other countries.

Huh? There are all sorts of outfits offering gold and silver coins in America.

Here's one for drinks?

Here is a nice Indian one:

Here is another pure silver one:


20 posted on 11/18/2007 11:42:39 AM PST by Jack Black
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