More moonbat money...our new dollar if Hillary wins:
Posted on 11/30/2007 6:24:46 AM PST by CholeraJoe
Family and friends of the Liberty Dollar of Evansville organization are learning the future of their money and their jobs.
The company was raided by the FBI earlier this month.
The US attorney's office out of North Carolina confirmed to us today they are investigating Liberty Dollar.
They can't comment on the specifics of the investigation but tonight company owner Bernard Von NotHaus is speaking.
Von NotHaus' entire company including precious metals, liberty dollar bills and computers were cleaned out of his offices here in Evansville.
Von NotHaus designed the Liberty Dollar 10 years ago.
The money is backed by gold and silver kept at the company.
Von NotHaus filed suit against the u-s mint to retract a statement that claims spending or circulating his money is a crime.
NotHaus says the raid is a reaction to the suit, but is not worried about any of this.
He expects to be arrested, but not go to jail.
Moonbat Money alert.
They’re just warming up for the storming of the Franklin Mint.
As far as that goes, the Federal Reserve (which, despite its name, is not part of the federal government but is a private corporation) is a continuing criminal enterprise.
Without a gold or some other standard of value, the temptation for any government to print money to pay its debts is far too great to be resisted.
The Liberty Dollar is a heck of a lot better looking than the engraving cr** the Fed is putting out.
VonNutBall is likely to wind up doing some hard time in federal prison.
18 USC 486. Uttering coins of gold, silver or other metal
Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, OR OF ORIGINAL DESIGN, shall be fined under this title or imprisoned not more than five years, or both. [emphasis added]
the Federal Reserve (which, despite its name, is not part of the federal government but is a private corporation)
And I'm the Queen of England. Do you often make things up?
Don’t know where you are getting your information, but the Federal Reserve is most definitely NOT a private corporation. It was created by an Act of Congress, and its Board is appointed by the President and confirmed by the Senate. Its employees are government employees. Its duties and powers are spelled out in federal legislation. There is nothing remotely “private” about it.
You don’t know what the Federal Reserve is?
We are so far beyond the point of no return now that your truthful statement no longer bears any import on the US economy. Buy tradable, practical hard goods...
Obviously, I do. Do you have a point?
Your sacrasm and certainty about an entity that has both a webwsite ending in .gov and issues stock means you really don’t understand its nature.
Except that the coins have the inscriptions "USA" and "$20" and the Liberty Dollar sellers were urging their customers Simply offer The Liberty Dollar with the confidence that it will be accepted. After all, why wouldn't it? When you offer the American Express Card, if it is not accepted, they tell you. Likewise, if the store does not accept Liberty Dollars, the cashier will tell you and you can simply pay another way
In other words, put a "$20" coin made with $15 worth of silver that is designed to mimic the look of U.S. legal tender in front of a minimum wage cashier and see if you can get away with it.
Bernard von NotHaus even put out a video showing how you can confuse a cashier into accepting the coins as "$10":
There is no "voluntary barter" discussion. There is no attempt to explain that the coin is not U.S. legal tender. There is just a con job to confuse a cashier into believing that the coin is "a new $10 silver" coin.
That is counterfeiting and fraud.
Leave out "USA" and don't try to pass it off as $10 to gullible cashiers: No problem. You are selling a coin that pretends to be nothing in particular.
Leave out "$20" and don't try to pass it off as $10 to gullible cashiers:: No problem. You are selling a patriotic coin like the Franklin Mint does.
Put both "USA" and "$20" on the coin and say "Simply offer The Liberty Dollar with the confidence that it will be accepted. After all, why wouldn't it?": Big Problem. You are then attempting to pass off your product as U.S. legal tender.
Only 7 of 12 Fed Governors are appointed by congress. The other 5 are appointed by regional fed banks. All memebers of the regional feds are appointed by member banks. All ownership of the Fed is by memmber banks, not by the US Treasury.
It is neither completely public, nor completely private. It exists in that weird limbo that Amtrac and the Postal Service live in.
The Fed, for instance, is not subject to FOIA requests.
In the UK they have a term for this, it is a Quango (Quasi-governmental organization).
However since the Fed derives it’s authority via Act of Congress, and since it’s authority can be repealed at any time, it is an agency of the US. The same as the first and second Banks of the United States, both of which were terminated by the Congress.
Government agencies do in fact come in many forms, but the Fed is a government agency. I would not compare it to Amtrak, whose employees are not government workers, but the comparison to the USPS is probably apt.
I will assume that circulating your own private money is illegal although Casinos and Chuckie Cheese do similar things.
But even if it is legal, does anyone think the Government would let it continue? They will use law enforcement and the courts to harass these people until they stop.
this almost reminds me of the story rolling around the interwebs about the guy using a $2 bill at taco bell and they called the cops.
yes, if you use deceit to pass off the ‘money’ as real money, then you break the law.
i have yet to see a valid argument on ridding us of the Fed that doesn’t border on moonbat territory.
Casino chips, Chuckie Cheese coupons and Barnes & Noble Gift Certificates are legal company IOU's that the company has pledged to redeem at face value in U.S. currency and would not, in any possible way, confuse a cashier at Denny's Restaurant into believing that they are U.S. legal tender coins or bills.
They are no different than your personal check made out to a particualer person or company or, in the case of Casino chips, made out to "cash".
That is not the case with Liberty Dollars. Liberty Dollars try to mimmick the look and feel of U.S. legal tender and the company urges buyers to try to see if they can pass it off to cashiers as such. See Post 14.
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