Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Liberty Dollar creator convicted in federal court (Feds say opposing them is "domestic terrorism")
The Citizen-Times, Asheville, NC | 2011-03-19

Posted on 03/20/2011 8:49:19 PM PDT by rabscuttle385

Link only, per FR posting rules


TOPICS: Constitution/Conservatism; Government; US: North Carolina
KEYWORDS: biggovernment; coin; currency; dollar
Navigation: use the links below to view more comments.
first previous 1-2021-4041 next last
To: Crim

They are crystal clear:

>>The JFK Oversized Proof is a spectacular replica of the iconic 1964 JFK Half-Dollar. <<

It is clearly a collectible — why do you not think they made it oversized?

The case at point tried to pass of “Liberty Dollars” as “U.S. Dollars.” Not as collectibles (would you use a $295 oversized dollar as a buck?).

You are wrong on every possible angle on this one, my FRiend.

The Liberty “Dollar” was an attempt for a private person to substitute scrip for money. It failed, and rightly so.

I could open a mill tomorrow and start to manufacture “Bald Eagle Dollars” that looked cool and a lot like real silver dollars. I could also name myself “The U.S. Minting Supply” — and then sell them. I assure you, that would be exactly what happened here.

Why are you protecting scam artists? Do you have a ton of the now worthless Liberty “Dollars” and are hoping to at least get your original money back?


21 posted on 03/20/2011 9:55:05 PM PDT by freedumb2003 (Liberalism is a philosophy of sniveling brats. /P. J. O'Rourke, 1991)
[ Post Reply | Private Reply | To 19 | View Replies]

To: LukeL
Unlike the crap we have in our wallets.

If you don't want the 'crap' in your wallet, I'll gladly take it off your hands. Just send it to me.
22 posted on 03/20/2011 9:55:45 PM PDT by lmr (God punishes Conservatives by making them argue with fools.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: lmr; Crim
God punishes Conservatives by making them argue with fools.

My FRiend you inadvertently cut me to the quick! I shall now leave this thread, since I am making no headway.

I mean no bad feelings to you, lmr -- merely a hanging of my head in shame for being pulled into a meaningless discussion -- and led by someone whose understanding I cannot trust.

Good night gentle FRiends.

And on the morrow I shall begin my new mint! :) ;)

23 posted on 03/20/2011 10:00:49 PM PDT by freedumb2003 (Liberalism is a philosophy of sniveling brats. /P. J. O'Rourke, 1991)
[ Post Reply | Private Reply | To 20 | View Replies]

To: freedumb2003

Funny stuff....first in post #8 you claimed...and I quote:


Communities print their own currency to keep cash flowing<<

“No they can’t.”


Then..in post #12...AFTER being proven WRONG......you not only admit they CAN...you attempt justify it....with some BS about it being “voluntary”....

Again..the clear language:

“Article I, section 8, clause 5 of the United States Constitution delegates to Congress the power to coin money and to regulate the value thereof.”

If a “liberty dollar” is illegal...so is a “detroit dollar”...

You can cut and run...or you can argue the point...your choice...

Night.


24 posted on 03/20/2011 10:16:59 PM PDT by Crim
[ Post Reply | Private Reply | To 23 | View Replies]

To: lmr

If you think about it a private bank is allowed to print money and sell it to the government. What a sweet deal that must be, print up some paper and sell it to a country then take the profits and buy up real things like gold, silver, and other commodities.


25 posted on 03/20/2011 10:17:06 PM PDT by LukeL (Barack Obama: Jimmy Carter 2 Electric Boogaloo)
[ Post Reply | Private Reply | To 22 | View Replies]

To: rabscuttle385
Isn't that something?

You know, they also threaten prosecution even if you print money that follows all the rules about what U.S. currency is supposed to look like.

It seems you just can't win when it comes to printing money.

26 posted on 03/20/2011 10:21:16 PM PDT by Walts Ice Pick
[ Post Reply | Private Reply | To 1 | View Replies]

To: freedumb2003

Silver bullets. Against vampire government. Each box with a complimentary portrait of Bela Lugosi.

Would sell like hotcakes, be Liberty supportive, and have no handles for the feds to latch onto.


27 posted on 03/20/2011 10:23:57 PM PDT by Hardraade (I want gigaton warheads now!!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: freedumb2003

only way to avoid paying income taxes... stop working


28 posted on 03/20/2011 10:24:43 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 5 | View Replies]

To: freedumb2003
They paint them and plate them but, from what I can, tell they are real dollars underneath. Otherwise they can’t call them “dollars.”

I think you've been mislead. If they advertise a $20,00 gold coin, they didn't take the real gold coin and plate it with gold. It is a facsimile that has been plated with gold. Clearly counterfeiting to my understanding.

29 posted on 03/20/2011 10:41:13 PM PDT by higgmeister ( In the Shadow of The Big Chicken!)
[ Post Reply | Private Reply | To 17 | View Replies]

To: rabscuttle385

“Along with the power to coin money, Congress has the concurrent power to restrain the circulation of money which is not issued under its own authority”

That power is no where in the U.S. Constitution!

http://www.archives.gov/exhibits/charters/constitution_transcript.html

What are they doing making up new laws as they go?


30 posted on 03/20/2011 11:07:49 PM PDT by Monorprise
[ Post Reply | Private Reply | To 1 | View Replies]

To: LukeL
If you think about it a private bank is allowed to print money and sell it to the government.

Do you mean the Federal Reserve? The place where every conspiracy to 'bring down the U.S.A.' and to 'control us' are hatched? That bank? The one that wants to 'turn us into Zimbabwe?' The bank that needs to immediately surrender itself to Ron Paul if we are to be 'saved?'
31 posted on 03/20/2011 11:08:03 PM PDT by lmr (God punishes Conservatives by making them argue with fools.)
[ Post Reply | Private Reply | To 25 | View Replies]

To: freedumb2003

The coins are hardly ‘worthless’. The $20.00 Liberty Dollar is 1 ounce of 99.9% silver worth more than $34.00 in the silver market. Heck, at least this coin had actual metal value and not that ‘backed by the good faith’ of something we use now(excluding the nickel). I will gladly exchange my $20.00 ‘legal tender’ bill for a ‘scrip’ $20.00 Liberty Dollar anytime.


32 posted on 03/20/2011 11:43:09 PM PDT by yadent
[ Post Reply | Private Reply | To 21 | View Replies]

To: yadent

I think that we have a winner!


33 posted on 03/21/2011 12:08:30 AM PDT by matthew fuller (God bless and protect Michelle Bachmann!)
[ Post Reply | Private Reply | To 32 | View Replies]

To: freedumb2003
"The term “dollar” means something. Attempting to substitute something else is pure counterfeiting, nothing else."

The word dollar is not exclusive to US government-sponsored coinage. For example, Canadian dollars and Zimbabwe dollars. Some of the Liberty coins include the statement "NOTICE: NOT INTENDED TO BE USED AS LEGAL TENDER, CURRENT MONEY, OR COIN." They also include contact info and political statements. They were NEVER passed off as US government coinage or legal tender.

These silver rounds are made by NORFED, which is an acronym for “National Organization for the Repeal of the Federal Reserve and the Internal Revenue Code.” Clearly political.

The legal action against NORFED is politically motivated. Their website www.libertydollar.org has been replaced with a statement that says, “Site Removed Due to Court Order.” So the court is shutting down political speech that is somehow displeasing to the ruling class.

34 posted on 03/21/2011 12:58:41 AM PDT by UnwashedPeasant (Don't nuke me, bro)
[ Post Reply | Private Reply | To 17 | View Replies]

To: rabscuttle385

Silver rounds are money. They are not ‘legal tender’: they are something better: real money. They act as a store of value which mere currency does not.

This distinction is going to come into sharp focus when the USD devalues sometime this year.

Hope President Palin pardons this guy. And I hope he gets back every oz of the silver that the Fed are stealing from him.


35 posted on 03/21/2011 2:31:17 AM PDT by agere_contra (Whenever a Liberal admits to something: he is covering up something far worse)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Crim

>He should appeal...and cite this: http://www.usatoday.com/money/economy/2009-04-05-scrip_N.htm <

I see your point but a few thoughts.

1. he should appeal no matter what, he has nothing to lose at this point since it is federal court and is not getting a reduced sentence for anything. He will die in prison.

2. The article you mentioned may not be the best defense for him. The way that they are doing it is a bartering system that is locally confined to help one community. Whereas his business was producing coins that he sold as legal tender for all debts anywhere.

I see that as a problem for him using that defense. It is a difference between a few businesses bartering services or products between them like a merchants association and someone trying to coin a duplicate of actual currency.

he would be better off comparing himself to say the Franklin Mint
http://www.franklinmint.com/


36 posted on 03/21/2011 1:24:05 PM PDT by Munz (All tyranny needs to gain a foothold is for people of good conscience to remain silent.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Crim

No one but the federal government can create money. I was right from the get-go.

I just noted there are silly little workarounds that can be attempted. I was right from the start and my follow-ups are also correct.

Community scrip isn’t money — it is just couponing.


37 posted on 03/21/2011 8:31:39 PM PDT by freedumb2003 (Liberalism is a philosophy of sniveling brats. /P. J. O'Rourke, 1991)
[ Post Reply | Private Reply | To 24 | View Replies]

To: yadent

>>The coins are hardly ‘worthless’. The $20.00 Liberty Dollar is 1 ounce of 99.9% silver worth more than $34.00 in the silver market. Heck, at least this coin had actual metal value and not that ‘backed by the good faith’ of something we use now(excluding the nickel). I will gladly exchange my $20.00 ‘legal tender’ bill for a ‘scrip’ $20.00 Liberty Dollar anytime.<<

Fine — call it the Yardbird or the Beatle. It isn’t backed by anything other than the current value of silver. Invest in it if you wish.

When we went off the gold standard an entirely new milieu emerged. Agree or disagree with that decision, it is the current state of affairs.


38 posted on 03/21/2011 8:34:49 PM PDT by freedumb2003 (Liberalism is a philosophy of sniveling brats. /P. J. O'Rourke, 1991)
[ Post Reply | Private Reply | To 32 | View Replies]

To: UnwashedPeasant

>>The word dollar is not exclusive to US government-sponsored coinage. For example, Canadian dollars and Zimbabwe dollars. Some of the Liberty coins include the statement “NOTICE: NOT INTENDED TO BE USED AS LEGAL TENDER, CURRENT MONEY, OR COIN.” They also include contact info and political statements. They were NEVER passed off as US government coinage or legal tender. <<

A difference without a distinction. The court (properly) saw this as an attempt to coin an alternative to the official US dollar.

>>So the court is shutting down political speech that is somehow displeasing to the ruling class.<<

Conspiracies around every corner, I tells ya! Conspiracies! Next up, they will go after our precious bodily fluids!


39 posted on 03/21/2011 8:38:03 PM PDT by freedumb2003 (Liberalism is a philosophy of sniveling brats. /P. J. O'Rourke, 1991)
[ Post Reply | Private Reply | To 34 | View Replies]

To: rabscuttle385

It’s all good when done in a liberal hell, like where I live..http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=158x12694


40 posted on 03/21/2011 9:27:25 PM PDT by j_tull (I may make you feel, but I can't make you think.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson