Liberty Dollar No Longer at Liberty

November 15, 2007 by
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Liberty  |  Dollar  |  On Liberty  |  coeur d'alene  |  RAID  |  Evansville  |  Currencies

The Raid on the Headquarters of the Liberty Dollar

The Liberty Dollar is a privately issued currency distributed and promoted by Liberty Services. Until Thursday morning, the currency was produced in Evansville, Indiana. At 8 AM on Thursday morning, the 15th of November, federal agents made a surprise raid on the mint, seizing coin and
Liberty Dollar No Longer at Liberty
Date: November 15, 2007
Evansville, IN
United States of America
 note, computer files, gold, silver, and platinum. Also included in the federal raid was the Sunshine Mint in Coeur d'Alene, Idaho, where the dies for the money were kept.

According to the company's website, the Liberty Dollar is "inflation proof." The currency is loosely based on the principle of silver certificate, paper money that could be redeemed for an amount of silver coinage. The U.S. government stopped redeeming these notes in 1968 when the price of silver inflated past the value of the paper money. Bernard von NotHaus, 'money architect' of the Liberty Dollar, cites the inflation of the dollar as his reason for creating a new currency. Since its inception in 1998, twenty-million dollars in U.S. currency has been converted into Liberty Dollars.

Not everyone has been happy about the Liberty Dollars success. The United States Mint issued a statement on its website warning people that the Liberty Dollar is misleading in its similarities to legal tender and stating that "prosecutors with the Department of Justice have determined that the use of these gold and silver NORFED "Liberty Dollar" medallions as circulating money is a Federal crime." In response to this strong statement, Liberty Services brought a lawsuit against the U.S. Mint.

Thursday morning, von NotHaus sent a letter to supporters and holders of the Liberty Dollar detailing the morning raid. The letter, circulated on many blogs and posted at the Gold Seek website, breaks what for some could be very bad news. The seizure of Liberty Dollar assets leave many stranded with Liberty Dollars, which for the moment are no longer redeemable as silver or gold. "We have no money. We have no products. We have no records to even know what was ordered or what you are owed," said Bernard von NotHaus in a morning letter to supporters of the Liberty Dollar.

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Well, It'd be interesting to hear what either Mr Obama or Mr Mcain has to say about this matter. Their position would be a tell all on who'd win the election I'm willing to bet. I don't think the US Govt cares for any competition from anyone with regards to valuation or not thereof of their paper scam. Anyone claiming to be an American Patriot by birth should be standing alongside Liberty Dollar and the folks who barter with it IMHO.
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Posted on 08/20/2008 at 2:08:23 PM

All bystanders are welcome to participate in the Liberty Dollar Class Action Lawsuit: www.I-Rob-You.info
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Posted on 11/25/2007 at 4:11:00 PM

Does the U.S. Govt. Owe YOU Money? Hearing about the raid on the national fulfillment office of the Liberty Dollar didn't put me in the fit of pink, but I learned to get over it by donating all of my interest in my unfulfilled orders (that were either curtailed or confiscated by the government on Nov. 14). And to encourage greater participation among bystanders, I've further divided my give-away down to as little as one penny provided that these tiny demands for refund be donated to the Liberty Dollar, Legal Defense Fund to help eliminate the logistical nightmare of the Liberty Dollar staff trying to disperse a mere penny to gazillions of people from the proceeds gained whenever the class action lawsuit is completed. But any demand for a refund greater than, or equal to a dollar, could go to the bystander. Since I can contract-out my property to anyone I choose, and further subdivide my give-away down to ridiculously small fractions, my feeble loss (as great as it may seem to me) ca
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Posted on 11/25/2007 at 4:11:00 PM

If Pobjoy Mint, a private mint in England is allowed to issue coins and currencies for Great Britain and Commonwealth Nations. Why not Sunshine Mint?
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Posted on 11/24/2007 at 6:11:00 AM

Should be "George Washington government force" and you'll find it. Interesting truncation mechanism here on this site...
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Posted on 11/18/2007 at 10:11:00 PM

The Federal Reserve Banking System is a group of private banks. They are not federal, any more than Federal Express is federal. They also have no banking system. They are a system of credit, of debt, not of anything real or tangible. The Liberty Dollar was a tangible currency. It was backed by gold, silver, copper, platinum, metals that could physically be held. It is part of the barter system. The federal government is perverting the rule of law, using force, intimidation against the people. We are headed for a dictatorship if this continues. People need to stand up for their rights, but first people need to recognize what their rights are and why they're important. Education is key, and everything else will follow. Our government does not have our best interests at heart. And that goes for Republicans and Democrats. The quicker we all realize that, the better of we'll be. Read what George Washington wrote about government. Google "George Washington government f
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Posted on 11/18/2007 at 10:11:00 PM

What about in Massachusetts there are towns that use their own currency called the BerkShares note... How legal is it to print your own paper money currency or notes??? What about travelors checks... Interesting!!! http://www.boston.com/business/ticker/2007/06/alternate_curre.html
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Posted on 11/16/2007 at 6:11:00 PM

Actually, it was 8 AM on -Wednesday, November 14th-...This governmental action should/must be included in the text books of secondary governmental indoctrination: a historic violation of our rights as citizens.
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Posted on 11/16/2007 at 8:11:00 AM

join the ALD group on Yahoo groups
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Posted on 11/16/2007 at 8:11:00 AM

How is this for yesterday's Sushi 1933 -April 5 - One month after his inauguration President Roosevelt ordered all gold coins, gold bullion, and gold certificates to be turned into the Federal Reserve banks by May 1st under the threat of imprisonment and fines. It was a national confiscation of gold and silver. June 5 - Congress enacted a joint resolution, that all gold clauses in contracts were outlawed and no one could legally demand gold in payment for any obligation due to him. 1934 - The Gold Reserve Act of 1934 officially prohibited private persons subject to U.S. jurisdiction from holding gold for monetary purposes. It became illegal for U.S. citizens to own gold! The old standard was officially dead. Not until December 1974 were U.S. citizens once again allowed to own gold.
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Posted on 11/15/2007 at 11:11:00 PM

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