Skip to comments.FBI raids Liberty Dollar office-confiscates Ron Paul Dollars
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 Feds 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 thats 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 peoples 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 dont 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
I’m not an RP supporter either. But I definitely think you have the best screen name in FR.
Just what is a “Liberty Dollar”?.............
I want to know why the raid took place, and what the warrant specified before drawing any conclusions.
And most in this forum know clearly I’m not a Ron Paul supporter, either.
I'm kind of partial to "The Real Fifi" myself.
Thank you!! I made it up, or at least I thought I made it up, but it turns out that it is/was the name of a very obscure radio show originating from a small college in Vermont, IIRC.
I agree. First reports are frequently erroneous. There's no reason, short of a gag order, that Paul can't publish the warrant.
Is there some external link that proves this extremely convenient excuse for not delivering merchandise that has already been paid for?
Edit : home page is still up, catalog is down. So the site is up.
Why do I get the feeling that this is about fraud, not minting a legal alternate currency?
"Liberty Dollar recently issued a "Presidential" Ron Paul Dollar in support of the Republican peace candidate. Now it asks peace-seeking Americans to start using the Peace Dollar and stop using the US War Dollar, as it finances the Iraq War."
This sounds like complete insanity to me. "Peace Dollar"?
These traitors need to be marched across the DMZ into North Korea.
As I understand it, the LD is a silver round (= 1 troy oz silver) which is intended as a private currency fashioned after the coinage act of 1792/3 (para: Congress shall make no coin not composed of gold or silver) It is not intended to “compete” with Federal Reserve Notes. Legally, there are bunch of considerations wrt a: calling a disk of metal a “coin” (hence, generic silver rounds are called “rounds”) b: stamping anything refering to “dollars” on such an item; and c: attempting to use such an item for legal tender. I’m not sufficiently studied in the legal particulars to state all the rules and regs on this topic. I find this development alarming because AFAIK, this organization has broken no laws.
IIRC, the “Liberty Dollar” and its organization existed before and independently of RP’s presidential aspirations, but RP is on record as being against the existence of the Federal Reserve and so it seems a maergin of interest may have occurred.
What are Ron Paul dollars backed by? The full faith and credit of Ron Paul?
I do not rule out that (fraud) possibility.
There has to be a lot more to this story...
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