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[bacasper]

http://www.courierpress.com/news/2007/nov/15/liberty-dollar-office-raided/

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."

[mindmetoo]

[Ya-ta Boy]

[thepeel]

The liberty dollar (not Ron Paul dollar) has been around since 1997. The Fed's have been harassing them since day one. This latest event was the government, who is knowingly debasing the dollar, sending a message that the American people are not "legally" allowed to voluntarily exchange a means of exchange.

The liberty dollar preceded the Ron Paul phenom, but likely came to an end because of it. Prior to the Ron Paul revolution the liberty dollar had the statue of liberty's head on one side and the flame held by the statue on the other. Ron Paul's likeness was put on a coin, and sold as a special edition. It was most certainly a marketing ploy, but Ron Paul was aware of it and never opposed it. He had no reason to oppose it.

The government took the properly of a private company and thousands of customers to maintain a monopoly on currency. That should excite more than only libertarians.

[Ya-ta Boy]

[thepeel]

[ontheway]

The reason for the raid is three fold:

1) If any hard money system is allowed to take hold in the world, all the fiat currencies will quickly fall to zero as the people abandon them.

(This is true because fiat currencies have NO real value already. They are NOT like shares in a business. The people do NOT have to accept them. They can refuse. Legal tender laws have no power when businesses and workers just say "no!")


2) The Ron Paul revolution is catching on. This means that the people waking up to the reality of the FED and the world's fiat currencies is creating a real drive for a hard money alternative. The feds are scared.

and

3) The political threat of Ron Paul becoming President. It is now clear that Ron Paul is one of the top GOP contenders. The Virginia straw poll is one more example. And his odds of winning as a third party/independent are even better than those of winning the Republican nomination. In a 3 way race he'll win or finish a close second.

[Ya-ta Boy]

[Ya-ta Boy]

[thepeel]

[Ya-ta Boy]

[thepeel]

I didn't address it. There is nothing to address. Go back to wikipedia and look for another criticism.

[mindmetoo]

[thepeel]

[igotthisguitar]

Dr. Ron Who?

Paul Expects Over $12M In 4th Quarter
By HOPE YEN, Associated Press Writer

WASHINGTON - Republican Ron Paul said Sunday his upstart presidential campaign is on track to raise more than $12 million this quarter, boldly predicting the Iowa polls "are going to continue to shift" once he's finished spending it all.

http://news.yahoo.com/photos/ss/events/pl/050907ronpaul
;_ylt=AlMOuf6LBQTlsRC8MTVQ3vJsaMYA&auto=yes

Speaking on CNN's "Late Edition," Paul said he had raised roughly $10.4 million so far in the quarter beginning Oct. 1, an amount that is already double the $5.2 million he pulled in during the third quarter. A big online fundraising effort planned for Dec. 16 could push the fourth quarter's total higher by several million, he said.

"We are going to be way over our goal of $12 million," said the 10-term Texas congressman. "And, I mean, at this rate, it could be, you know, maybe $14 million or $15 million. It just is astounding."

"People are ready for some changes," Paul said. "It really tells me that although I had a great deal of concerns about the country, the American people were equally concerned and they are willing to put their money with a candidate who is willing to state these positions, all of these concerns, whether it is the foreign policy and coming home, or the irresponsible spending here."

Paul, a former Libertarian who stands apart from the other GOP presidential contenders by opposing the Iraq war, was running fourth in Iowa in a recent Des Moines Register poll behind rivals Mitt Romney, Rudy Giuliani, and Mike Huckabee, and tied with John McCain.

Citing the Constitution as his guide, Paul opposes law enforcement or anti-terrorism measures that he believes encroach on civil liberties. His views on small government extend to reducing if not eliminating the Education Department and the Department of Homeland Security. And he favors limiting immigration and strengthening border security.

Kent Redfield, a professor of political studies at the University of Illinois at Springfield, said in a telephone interview that Paul's strong fundraising numbers demonstrate how grass-roots efforts via the Internet can help lesser known candidates compete on a more equal footing to higher profile contenders.

"It's a model for other candidates on how to get on the radar and meet the basic threshold of moving beyond being a niche or vanity candidate," he said. "But he'll have to show in New Hampshire and in the caucuses that he can build on that."

Paul said he expects his poll numbers to move up. He has devoted a significant amount of resources on ad buys in the early states of New Hampshire and Iowa.

"People are just starting to think about how they are going to vote in these primaries," Paul said. "The people are really annoyed with conventional politics and we are spending this money. We are spending it in Iowa. So I think those polls are going to continue to shift. Our numbers are going up."

http://news.yahoo.com/s/ap/20071202/ap_on_el_pr/paul_fundraising
;_ylt=AgX9JwI6R4zTq_AHHT2NytsDW7oF