Free Republic

Thoughts On The Liberty Dollar Debacle By Brandon Smith of Alt-Market.com I was in the midst of the Save America Convention in Tampa, Florida when I heard, first, that Libya was under bombardment by the UN (led by U.S. forces), and, that Bernard von NotHaus of Liberty Dollar had been convicted of “counterfeiting”. It was a stressful day, to say the least. For those not familiar with the Liberty Dollar incident, In November of 2007, federal officials raided the group’s headquarters nestled in a strip mall and seized all documents and the gold and silver that backed up the paper...

Bernard von NotHaus, creator of the Liberty Dollar, was found guilty on two counts this morning in his counterfeiting trial at the federal courthouse in Statesville, N.C. He was found guilty of making counterfeit coins and an intent to defraud. Sentencing will be held in several months. The jury reached its decision in less than 90 minutes. In this week's four days of defense testimony, von NotHaus maintained that his "medallion" was not legal tender. He said each piece contained the NORFED name and telephone number, but the government pointed out that the silver pieces bore a very strong resemblance...

EVANSVILLE, Indiana (AP) — Federal agents raided the headquarters of a group that produces illegal currency and puts it in circulation, seizing gold, silver and two tons of copper coins featuring Republican presidential candidate Ron Paul. Agents also took records, computers and froze the bank accounts at the "Liberty Dollar" headquarters during the Thursday raid, Bernard von NotHaus, founder of the National Organization for the Repeal of the Federal Reserve Act & Internal Revenue Code, said in a posting on the group's Web site. The organization, which is critical of the Federal Reserve, has repeatedly clashed with the federal government,...

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....