
A couple months ago I purchased a $20 Ron Paul silver Liberty and a $20 Silver liberty to aid in their legal defense.
I just got an email from them stating that they were raided:
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 also received that email. I signed up for the class action lawsuit as well. I'm kinda scared now though. Liberty Dollar did nothing illegal and they raided them and grabbed all their stuff. What if they arrest them and us for supporting them. The govt. can call us terrorist or something and hold us without representation. Man this is a scary time we are living in.
Well If they do we cant know you disappeared now can we...
I think that this is totally outrageous and shocking. I will continue to follow up on this to learn more about the class action and how the FBI was able to take everything!
I cannot be from the lawsuit against the mint. It was for them to retract their statement from the mint site that says that Liberty Dollar is illegal. I'm sure they will come up with some BS about it being some kind of terrorist organization.
Being this bold against citizens and undoubtedly act like its nothing, I find very chilling. They'll be the same immovable, illogical elephant in the room. Spitting out words in their defense that don't make any sense.
It may be premature, but I would suggest looking at Article 1 Section 8 of the Constitution.
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;
The relevance being? Congress sets the value of US backed money. It says nothing about people choosing to use anything else for trade. Just that you can represent the money as being government back.
I am interested to find out what this is about. So, far the only explanation I've seen is it may have to do with an investigation into money laundering.
The relevance being that it says only Congress shall have the power to coin money. It's no stretch of the imagination to see how that may have been happening here. That seems like a plausible explanation at this point, we'll see.
....
Did I sign the constitution?
Um ... what?
it says only Congress shall have the power to coin money.
Where exactly does it say only Congress?
Besides, Liberty Dollars are not legal tender.
Article 1 Section 1
All legislative powers herein granted shall be vested in a Congress of the United States ...
The Government is required to abide by the constitution. Not me.
Have you read the Constitution? Start with Article 6, Clause 2
This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the authority of the United States, shall be the supreme Law of the land ...
Let me clarify. I'm not saying that a private citizen can necessarily violate the Constitution. I offered the reserved power of Congress to coin money as justification for any legislation passed that the Liberty Dollar may have violated. I then responded to the issue of why Congress, and Congress alone had that power.
You not signing the Constitution or having to abide by it are of no consequence. Congress has the right to enforce its reserved power; I was suggesting a reason why the Feds may have been after the company.
Without the constitution, Government could do whatever it wanted. Without Government , I could do whatever I wanted. The Government can do nothing that defies the constitution, (though it does... all the time.) but that does not mean that just because the constitution does not forbid it is right for them to do it. Do you think it is right and just that this should be done? Honestly? Do people not have the right to do as they please with their lives... in their pursuit of happiness? Honestly, there is no law that supersedes the will of the people. No one was being hurt, if someone were hurt a lawsuit should have been made, and one was not.
eom
I just seeded the Liberty Dollar page with information about the raid. They have links to the warrants used.
Apparently they were raided as part of an investigation into money laundering.
Sorry messed up the link - here is the correct one.
Any other info on laundering? Who was involved and if its actually true?
Fascinating example of the risk of a gold-backed currency. If somebody takes or steals the gold backing the currency, then the currency is at severe risk of collapse. The only thing keeping it afloat is the will of those using it.
This is the same as the regular US dollar but we long ago skipped the pretense that gold was backing it. Better to back money with intangible things that cannot be hauled away in a truck or devalued when somebody else dumps lots of cheap gold on the open market.
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
All legislative powers herein granted shall be vested in a Congress of the United States ...
It doesn't say that a company cannot print a tradeable security, only that the power to issue coin (money) is granted to Congress. I don't see where it forbids companies from developing their own tradeable "securities". And if so, all public companies are in violation for printing stock. I don't even believe the Liberty Dollar meets the definition of "money": the official currency issued by a government or national bank. Tell me how the liberty dollar is any different from a stock certificate. The liberty dollar means you own a certain amount of gold or silver. A stock certificate means you own a piece of the public company. I don't see how there is any significant difference here. People buy and sell gold and silver everyday, and I personally don't see how this is any different.
What is an ROC? And what is a BOR?
I tried to read all those brainy posts, and I'm still confused. Why can't someone make something like this, call it a "Liberty Dollar," and sell it to people? Commemorative coins are all over the place and have been forever. That doesn't make them money. What in the world is the big deal that this concern merits the FBI doing one of it's brownshirt acts to them? If someone were of a mind to think the bad guys are winning, this would clinch it.
What the heck is money laundering anyway?
The government does not like competition and they've got the guns.
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