Liberty Dollar, raided & shut down

Discussion in 'Financial Cents' started by annie, Nov 15, 2007.

  1. annie

    annie Monkey+++

    [FONT=Arial, Verdana, Helvetica, sans-serif]They say it's legal, so why the raid ? I found it extremely interesting. The link for more info.

    11-15-07 23:40 just found this related thread. damn looks like some would say we have no rights !

    Liberty Dollar Company Announcement
    Thursday, November 15, 2007
    Dear Liberty Dollar Supporters:
    I sincerely regret to inform you that about 8 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville, Indiana.
    For approximately six hours they took all the gold, all the silver, all the platinum, and almost two tons of Ron Paul Dollars that were just delivered last Friday. They also took all the files and 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 U.S. Constitution.
    We should not 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 minting the gold and silver Libertys have been taken.
    All this has happened even though Edmond C. Moy, the director of the U.S. Mint, acknowledged in a letter to a U.S. senator that the paper certificates did not violate Section 486 and were not illegal.
    But the FBI and Secret Service 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 saying 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 possesses or uses the Liberty Dollar is aware of the situation.
    Please go here to sign up for the class action lawsuit and get your property back:
    Thanks again for your support at this darkest time as the damn government and its dollar sinks to a new low.
    Bernard von NotHaus, Monetary Architect
    Liberty Dollar
    Evansville, Indiana

    * * *

  2. melbo

    melbo Hunter Gatherer Administrator Founding Member

    What's next? .gov thugs come in and steal Au and Ag from the etfs?

    I never got on board with the LD but it seems no different than a Gift Card from a big box store. It's a voluntary alternative and did not include the phrase "Legal Tender".

    It did say the word "Dollar" but what exactly is the definition of the dollar? Hint for you googlers: It's an amount of silver in grains.
  3. CRC

    CRC Survivor of Tidal Waves | RIP 7-24-2015 Moderator Emeritus Founding Member

    I worked in a Credit Union back home for a few years....We carried all the Liberty Dollars, Peace Dollars, Commerative Coins, etc..and the employee's got them at cost....(ie:cheap) We always bought them and I have a big ol' bag of them in the spare bedroom....

    My dad always bought me a Walking Liberty Silver Dollar every year in July to remember an important event in our I have them from the 80's on.....

    I guess the good news is I have a lot of Silver lying around.....?

    Reading about the raid now....
  4. kckndrgn

    kckndrgn Monkey+++ Moderator Emeritus Founding Member

    Guess the .gov didn't like the competition in the currency dept?
  5. Evenglischatiest

    Evenglischatiest Monkey+++

    I wish that were the case. Unfortunately, the .gov isn't even in the currency business. This was a hit by the fed, a private organization. The only difference between this and a mob hit, is that the mob doesn't own the .gov outright. (it only rents parts of it)
  6. BAT1

    BAT1 Cowboys know no fear

    They must have been pretty popular. Rappers can be photographed with euros, but you best not mention real money, like it was intended to be. I wonder how many people will join the class action? They must be running scared, to resort to this. 2 tons of Ron Paul coins? They might just have their reason to go after him, even though he didn't have anything to do with it. This was discussed on the TFL yesterday, they bad mouthed the victims, not the feds. This is theft of private property.
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