Fed's raid Liberty Dollar maker
www.courierpress.com/news/2007/nov/15/liberty-dollar-office-raided/
Guess the Fed's had enough of the people making their own currency. Took the gold, silver, platinum, and all the mint dies.
Guess the Fed's had enough of the people making their own currency. Took the gold, silver, platinum, and all the mint dies.
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Liberty Dollar office raided
Staff report
Originally published 01:42 p.m., November 15, 2007
Updated 01:42 p.m., November 15, 2007
The future of an Evansville-based company that produces a "private voluntary barter currency" known as the Liberty Dollar is in question after federal agents raided the facility this week, according to an e-mail sent by its founder.
Federal officials reportedly raided the group's headquarters, located in a strip mall at 225 N. Stockwell Road, early Wednesday morning and seized documents and precious metals.
FBI Agent Wendy Osborne, a spokeswoman for the FBI's Indianapolis office, directed all questions on the raid to the Western District of North Carolina U.S. Attorney's Office. A spokeswoman there said she had no information on the investigation.
Bernard von NotHaus, the group's monetary architect and the author of the e-mail, did not immediately respond to a message seeking comment.
Von NotHaus developed the Liberty Dollar in 1998 as an "inflation-proof" alternative currency to the U.S. Dollar, which he has claimed has devalued since the Federal Reserve was established in 1913. The silver medallions are produced by a private mint in Idaho on behalf of Evansville-based Liberty Services, which also issues paper notes which the group says are backed by silver reserves.
Liberty Dollar employees were at the office this morning cleaning up after the raid. They referred all questions to von NotHaus.
According to the e-mail, about a dozen agents arrived Wednesday morning and seized gold, silver, platinum and nearly two tons of recently delivered Ron Paul Dollars. They also took all the files, all the computers and froze the group's bank accounts, the e-mail said.
"We have no money. We have no products. We have no records to even know what was ordered or what you are owed," von NotHaus wrote in the e-mail, which was sent to Liberty Dollar customers. "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."
The e-mail said the gold and silver that backs up the paper and digital currency was confiscated, as were the dies used to mint the Liberty Dollars themselves. As a result, it warns that recent orders placed for Liberty Dollars may not be filled and it encourages supporters to band together for a class action lawsuit.
The e-mail repeatedly defends the Liberty Dollar as legal.
"You did nothing wrong," von NotHaus wrote. "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."
- Gavin Lesnick0 -
guy creates monopoly money, sells it, and wonders why his assets got frozen?
problem is...in order to buy his liberty money, you must use REAL U.S. money to buy it.0 -
von NotHaus = von NutHouse? Methinks this is a spoof. 0 -
www.libertydollar.org/ld/legal/legalissues.htm
The US Mint in 2006 issued him a warning saying the only currency allowed in the US is Federal paper.....the Fed's didn't want America switching over to a private monetary system.
Read this:
www.libertydollar.org/legal/pdf/libertyaffidavit.pdf0 -
So who here is going to acknowledge owning any? 0 -
what a scam
http://www.libertydollar.org/ld/spend-liberty-dollars/howtospend.htm
How to use the Liberty Dollar
Are you having fun with the Liberty Dollar? Thousands of people just like you have discovered the solution to understanding money and are using the Liberty Dollar. And you can to! Here are a few tips to help you use the new currency successfully.
1. Read the Success Stories about how other Americans are using the new currency.
2. Education is an important part of using the Liberty Dollar. Please read all materials included in the kit you received as well as review all content on our website. Most people do not understand how money works. The merchant you are about to use the Liberty Dollar with must know that the Liberty Dollar is private, non-government currency; so it cannot be deposited in a bank. It is not 'legal tender', a 'coin', or United states government money like Federal Reserve Notes (FRNs).
3. Although prudence would seem to indicate that people would refuse a currency they've never seen, this is simply not the case. After thousands of transactions, the Liberty Dollar is readily accepted most of the time. It is meant to be circulated voluntarily as barter, accumulated and collected.
4. Simply offer The Liberty Dollar with the confidence that it will be accepted. After all, why wouldn't it? When you offer the American Express Card, if it is not accepted, they tell you. Likewise, if the store does not accept Liberty Dollars, the cashier will tell you and you can simply pay another way.
5. "Do the Drop!" The best way to introduce the Liberty Dollar is to drop the Silver Liberty in someone's hand. Do not hand it to the cashier, Drop it! Hold a one-ounce Silver Liberty a couple inches above the outreached palm and drop it so it lands flat in the person's palm.
6. Now the hardest part - don't say anything! Just wait. Let the person marvel at its beauty, weight, and discover it says TWENTY DOLLARS. When asked "Is it real?" Answer: "Yes, one ounce of silver PRIVATE currency valued at 20 dollars." Do not rush. Just stand there and wait, patiently. No need to smile. Just wait.
7. After 30 seconds, say, "I have US government legal tender money too [show the cashier FRN cash], but would prefer to pay with silver." If the cashier hands it back immediately, you may ask her to show the currency to the manager, or just pay some other way.
8. Never use a Silver Liberty alone unless the sale is greater than $10 and less than $20. If the total is greater than $20, include the Silver Libertys with FRNs.
9. The Federal Reserve does not require anyone to understand the monetary system to use their currency. In fact, they thrive on the people's ignorance about money. The Liberty Dollar is all about knowing what money is and simply brings choice to the marketplace.
10. Be sure to read lots of Success Stories online that tell how the Liberty Dollar has been actually used in commerce by people, just like you.
11. Email your own Success Story when you have an outstanding experience using the Liberty Dollar. We want to hear from you!
12. REMEMBER: The Liberty Dollar is a PRIVATE inflation proof currency and is NOT United States government currency, 'legal tender' or a 'coin'. Using the Liberty Dollar as barter for products and services at businesses across the country is voluntary.
Now, give the Liberty Dollar a try. Discover the fun for yourself! Make money, do good, and have fun while protecting our purchasing power - one dollar at a time.0 -
i have heard of businesses in texas accepting mexican pesos & would not be surprised if this occurs a lot...so how it this any different except that white america is supposed to only accept everything mex??????????? 0 -
quote:Originally posted by fishermanben
"We have no money. We have no products. We have no records to even know what was ordered or what you are owed," von NotHaus wrote in the e-mail, which was sent to Liberty Dollar customers.
The e-mail said the gold and silver that backs up the paper and digital currency was confiscated, as were the dies used to mint the Liberty Dollars themselves. As a result, it warns that recent orders placed for Liberty Dollars may not be filled...
How convenient. Sounds like a scam to me.0 -
quote:Originally posted by daveald
So who here is going to acknowledge owning any?
eh hem. Whats wrong with that? So what if I do?0
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