What I know about the Raid of Liberty Dollar

[LibertyEagle]

This matter must be notified to EVERY media outlets!

NO. It needs to be confirmed first. If Meetup members bring Ron Paul's campaign into this unfounded incident in interviews with the press, they are absolutely nuts!!!!

 

[Drknows]

Why is Ron Pauls name involved in this mess? im just saying.....

 

[Danny Molina]

I'm a little slow on the uptake. Can someone explain for us idiots what this establishment was and what they were doing that was apparently perceived as a crime? Sorry, I'm just not aware.

I believe it was making novelty money with RP's picture on it, but i'm not entirely sure.

 

[Sematary]

NO. It needs to be confirmed first. If Meetup members bring Ron Paul's campaign into this unfounded incident in interviews with the press, they are absolutely nuts!!!!

I had my doubts as well, this morning, but it sounds legit. This guy is saying he was there and Lew Rockwells site already has a post about it. I think we should keep RP's name out of it though.

 

[Chester Copperpot]

Do we know the judge who issued the warrant?

According to the Patriot Act you dont need to have a search warrant issued by a judge in this case.. The FBI can write its own self-written search warrant.

A clear violation of the Constitution

 

[Jordan]

I'm a little slow on the uptake. Can someone explain for us idiots what this establishment was and what they were doing that was apparently perceived as a crime? Sorry, I'm just not aware.

Its a currency that is made backed by gold and silver. Its not specified as legal tender, it was merely created as an alternate currency to FRNs.

 

[Sematary]

I believe it was making novelty money with RP's picture on it, but i'm not entirely sure.

not exactly novelty when it's made out of solid gold

 

[AceNZ]

If this story is correct, I'm surprised that it didn't happen earlier. If it hasn't happened yet, I'm sure it will.

The mistake these guys made was using the word "dollar". Have you ever seen a video of the way they suggest using the Liberty Dollars? They walk up to people and say something like "hey, would you be willing to accept this silver Liberty Dollar for that?" The problem is, that with the word "dollar" in there, it's too close to a "Peace Dollar" or a "Morgan Dollar" or other types of official US currency -- so it amounts to conterfeiting. If they had made it the "Liberty one ounce silver coin", I think things would be different.

I'm all for third-party money, but it really has to be done the right way.

 

[AceNZ]

Why is Ron Pauls name involved in this mess? im just saying.....

Liberty Dollar makes a "Ron Paul Dollar" (among others).

http://www.libertydollar.org/ld/ronpauldollar/index.htm

 

[Meatwasp]

If this story is correct, I'm surprised that it didn't happen earlier. If it hasn't happened yet, I'm sure it will.

The mistake these guys made was using the word "dollar". Have you ever seen a video of the way they suggest using the Liberty Dollars? They walk up to people and say something like "hey, would you be willing to accept this silver Liberty Dollar for that?" The problem is, that with the word "dollar" in there, it's too close to a "Peace Dollar" or a "Morgan Dollar" or other types of official US currency -- so it amounts to conterfeiting. If they had made it the "Liberty one ounce silver coin", I think things would be different.

I'm all for third-party money, but it really has to be done the right way.

I think if they would have called them medallions there would not have been in trouble.

 

[Dave Wood]

Its a currency that is made backed by gold and silver. Its not specified as legal tender, it was merely created as an alternate currency to FRNs.

Jordan, thanks for verifying this to the best of your ability!
Someone made a point in the original megathread (i think it was there, dont have time to go through all 600+ posts to verify though) that the thread was carried out by FBI and secret service. They stated that the treasury dept. would be the one in charge if the case didnt involve fraud or other crimes.

Is it possible that these folks were involved in something much larger than minting (allowed) alternative currency?

The agents seized a lot of property and didnt press any charges. It seems to me , if they were after evidence to prove counterfitting or illegal minting that they would press charges immediately after seizing the evidence. Just my .02

 

[DrNoZone]

What I know about the Raid of Liberty Dollar

I just got back from visiting their location and speaking to the media about it. This is what I know so far:

The office was raided yesterday just before the business was to be opened. FBI agents stormed the building, and confiscated EVERYTHING.

The metals
The certificates
The hard drives
The files
Bank accounts
and even the plates to manufacture the dollars.

..The place is absolutely gutted. The safes are empty. The owner has not been charged with any crimes and currently lives in Florida.

No one was arrested!

I went to their location to find lights out and no one there. I talked to the media for about 20 minutes about the raids. As of right now, the Ron Paul meetup has showed up and already talked to 2 news agencies regarding the busts. The local news will be running a story on the busts and has interviewed many RP supporters.

Here is the big issue I have with this account: the plates aren't stored in Evansville; they're (appropriately) stored at the Sunshine Mint where the coins are made.

 

[Dave Wood]

I think if they would have called them medallions there would not have been in trouble.

Where did you come up with your handle/name meatswap? What does that mean? I have been curios for a week now:o

 

[Jordan]

Here is the big issue I have with this account: the plates aren't stored in Evansville; they're (appropriately) stored at the Sunshine Mint where the coins are made.

The reporters mentioned a location in North Carolina as suspect. They also noted that the mint that held the plates was raided as well as Liberty Dollar.

 

[American]

Oh thank goodness, another liberty dollar thread.....

 

[reduen]

I just want my coppers!!! j/k

Call me selfish....

 

[DrNoZone]

The reporters mentioned a location in North Carolina as suspect. They also noted that the mint that held the plates was raided as well as Liberty Dollar.

I called the Sunshine Mint this morning and they knew nothing about any raid. And I'm not the only one; a few others called them as well and got the same story.

 

[pcosmar]

I have been following this all day. This is bad.
I had hoped that it was a hoax. It seems not, the confirmation of a raid is coming from several sources.
I would not be concerned with the "peace movement"., as someone else had stated.
I am concerned, many very well armed and trained folks are very pissed off.
This may have been meant to provoke a reaction.
Not good, not good at all.

 

[Melissa]

Hey Jordan I am in Fort Wayne is it usually busy at that store or do you know

 

[UtahApocalypse]

The reporters mentioned a location in North Carolina as suspect. They also noted that the mint that held the plates was raided as well as Liberty Dollar.

In that case this is 100%% Bull Crap.... Quite a few People have called the Mint and they knew nothing of this raid, and they were NOT raided. This tell me with no doubt in my mind that the owner packed up and ran with the money and coins.