What I know about the Raid of Liberty Dollar

[Drknows]

Why would Meetup group members go to this place and identify themselves as Paul supporters?

No one here has ANY IDEA what, if anything, these Liberty Dollar folks have done.

What if it's plain old fraud? What if they were scammers? What if that's why they were arrested? Great, let's associate the campaign with that. You guys are declaring this company the victim of an unfair government crackdown, when you know nothing about them.

I haven't seen their books. Have you? I haven't sat in on their board meetings. Have you? I haven't scrutinized all of their business practices. Have you?

Again, this entire incident has ABSOLUTELY NOTHING to do with this campaign, and this is NOT a "Ron Paul Grassroots" topic.

Heck, the Barry Bonds indictment has more to do with Ron Paul's campaign than this.

I'm with you man i had no idea so many people here collected medallions. isn't this the same company on QVC all the time?

haha i just find all this funny and amusing,

 

[Furis]

Wow...just...wow. I'm still in shock that I got my on Tuesday and now all this may have happened. I definitely won't be selling mine, though. Still, it's crazy stuff.

Lucky bastard............. I ordered mine on Monday..........

 

[terlinguatx]

...

 

[MO4RonPaul]

I guess the Bonds story is the diversion story for this?

 

[pcosmar]

I'm with you man i had no idea so many people here collected medallions. isn't this the same company on QVC all the time?

haha i just find all this funny and amusing,

Not so funny for those that were heavily invested.

 

[Furis]

Not so funny for those that were heavily invested.

Only if they have the paper.


If they have the rounds they are still good to go.

 

[Drknows]

Not so funny for those that were heavily invested.

Well its just barter money right? really though i had no idea so many here were into this stuff i feel like i just entered the twilight zone or something.

 

[Broadlighter]

Here's this morning's letter from Bernard Von Nothaus:

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 people’s 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 don’t 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
Monetary Architect

I just checked the U.S. Treasury's Press Room website and there is nothing on the raid.

My question to the group is, should we trust the words of someone who openly flouts violating the law? Even Dr. Paul, quoting the Constitution with regard to monetary policy, stresses that its the responsibility of Congress to coin money.

 

[terlinguatx]

...

 

[DrNoZone]

Here's this morning's letter from Bernard Von Nothaus:



I just checked the U.S. Treasury's Press Room website and there is nothing on the raid.

My question to the group is, should we trust the words of someone who openly flouts violating the law? Even Dr. Paul, quoting the Constitution with regard to monetary policy, stresses that its the responsibility of Congress to coin money.

Man, how many times do we have to school people here on this issue. Yes, Dr. Paul is right about Congress's responsibility, but there is nothing illegal about competing currencies as long as they do not refer to themselves as legal tender or current money. Congress was never granted a monopoly by the Constitution.

 

[pcosmar]

Well its just barter money right? really though i had no idea so many here were into this stuff i feel like i just entered the twilight zone or something.

Not all Ron Paul's supporters are here.

 

[Broadlighter]

Man, how many times do we have to school people here on this issue. Yes, Dr. Paul is right about Congress's responsibility, but there is nothing illegal about competing currencies as long as they do not refer to themselves as legal tender or current money. Congress was never granted a monopoly by the Constitution.

That's not how the U.S. Treasury sees it.

Source: http://www.usmint.gov/consumer/index.cfm?action=hotitems

Scroll down and read the section on the Liberty Dollar.

You're free to disagree with the U.S. Treasury Department.

 

[Jordan]

This is going to be interesting. I'm going to make it a point to stop by the offices as much I can to see whats going on.

 

[Ninja Homer]

My question to the group is, should we trust the words of someone who openly flouts violating the law? Even Dr. Paul, quoting the Constitution with regard to monetary policy, stresses that its the responsibility of Congress to coin money.

The only people who violated the law are those who conducted the raid.

Liberty Dollar competes with the Fed, but they didn't "coin money", or "legal tender". Ron Paul wants to legalize competing currencies, which means that companies like Liberty Dollar can be accepted as "legal tender", rather than just used as barter like it currently is.

Liberty Dollar stands to make a fortune when Ron Paul is president and legalizes competing currencies, which is why I wouldn't believe for a second that they would pull a fast one and flee the country now, when they have been fighting for some of the same things Ron Paul has been fighting for the last 10 years.

 

[Ninja Homer]

That's not how the U.S. Treasury sees it.

Source: http://www.usmint.gov/consumer/index.cfm?action=hotitems

Scroll down and read the section on the Liberty Dollar.

You're free to disagree with the U.S. Treasury Department.

I do. Liberty Dollar has had a lawsuit against the US Mint for a long time now for their statement.

 

[tnvoter]

This is a like a crazy bad dream if this sort of thing occurred the way it's sounding like it did.

 

[DrNoZone]

That's not how the U.S. Treasury sees it.

Source: http://www.usmint.gov/consumer/index.cfm?action=hotitems

Scroll down and read the section on the Liberty Dollar.

You're free to disagree with the U.S. Treasury Department.

Yep, I absolutely disagree with them. And that's exactly why the LD was suing the Mint. The LD IS legal and IS Constitutional. Just like all of the other alternate currencies out there.

 

[Furis]

Yep, I absolutely disagree with them. And that's exactly why the LD was suing the Mint. The LD IS legal and IS Constitutional. Just like all of the other alternate currencies out there.

If it wasn't legal arrests would have been made.

 

[pcosmar]

This is a like a crazy bad dream if this sort of thing occurred the way it's sounding like it did.

Not good.
It looks like a provocation.

 

[reduen]

If it wasn't legal arrests would have been made.

Yes, I agree. If the FBI thought that what LD was doing is illeagle, they would have arrested people.