Comments on: Ron Paul coins seized by Feds

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By: mihai

mihai — Fri, 23 Apr 2010 17:22:08 +0000

Yes, that is what happens. The Federal Reserve is not Federal and carries no reserves. It is a private corporation with the shareholders (very few) secret. It has the ability to raise up or destroy anyone it so chooses. It has never been audited. The IRS is the collection arm for the Federal Reserve. From piese auto online and rca ieftin

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By: barosh

barosh — Sat, 17 Apr 2010 07:29:44 +0000

it now has the names and addresses of everyone who had purchased from that company. While it may end up being irrelevant, could those who had their coins long purchased and delivered now worry about raids on their homes and places of business for what isn’t a crime? industrial designs | carton box designs

By: barosh

barosh — Fri, 16 Apr 2010 15:24:18 +0000

I were to use it to pay off a debt, it would have gone to someone who was willing to take it. Not against the law. brochures designs | powerpoint presentation designs

By: ClubPenguinCheats

ClubPenguinCheats — Wed, 14 Apr 2010 00:34:31 +0000

The same status quo that forces us to borrow our own money from a private bank (Federal Reserve) then uses that money to fund wars to feed the military industrial complex.

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By: Kushin Los

Kushin Los — Tue, 20 Nov 2007 09:08:13 +0000

As a Ron Paul supporter, it doesn’t surprise me. As a coin collecter, it bothers me greatly and I wish I could have afforded the purchase of the Liberty Dollar before this. As someone who thinks, a couple points:

1. The Feds took the company’s records. So it now has the names and addresses of everyone who had purchased from that company. While it may end up being irrelevant, could those who had their coins long purchased and delivered now worry about raids on their homes and places of business for what isn’t a crime?

2. If I were to do a job for someone and we had agreed that my charge would be in these Liberty Dollars, dollars I wouldn’t use personally because I love coins and precious metals (I’ve got two sets of CCCP coins, one from the year of my birth and another from right before it fell into shambles), why shouldn’t it be legitimate? Contract Law.

3. The Ron Paul head dollar would have been an interesting addition to my collection. Even if I were to use it to pay off a debt, it would have gone to someone who was willing to take it. Not against the law.

4. Federal dollars aren’t worth the paper its printed on.

By: Killjoy

Killjoy — Mon, 19 Nov 2007 18:30:11 +0000

LibHomo – No, they won’t sacrifice endangered species to Ron.

Virgins. Lots of political virgins.

By: Bruce, Political Columnist

Bruce, Political Columnist — Sat, 17 Nov 2007 04:20:43 +0000

Funny how it costs $0.25 to print the pretty new government bills that are only worth $0.03

Our productivity is taxed, and thus we no longer produce – rather we consume.

Is it looney to abolish the income tax on productivity? Just wait until they discover they can tax our credit card debt balances.

By: libhomo

libhomo — Sat, 17 Nov 2007 03:51:12 +0000

I thought the Paulipalians were funny before, but Ron Paul coins????

Are they going to build an altar for him and sacrifice endangered species?

By: AndDru1

AndDru1 — Sat, 17 Nov 2007 02:38:31 +0000

This is certainly going to be interesting, as if the Ron Paul crowd wasn’t rowdy enough…

By: Promise Kept

Promise Kept — Fri, 16 Nov 2007 23:04:48 +0000

Thanks, once again, Ethan for coverage of the news that is both fair and, for the most part, factual…

However, when you say, “The Liberty Dollar is seen as both an investment, as the value of some metals, most notably gold, has increased against the dollar, and as a protest against the baseless currency championed by the Federal Reserve”, the later “protest” comment confuses the issue. The Liberty Dollar folks are not saying that Federal Reserve believers don’t have a right to trust in baseless fiat currency. They just want to exercise their right to honestly trade with each other, “quid pro quo”, substance for substance.

The issue is not that the value of precious metals have “increased against the dollar”, but rather that the Feds overzealous printing of engraved images, (@ a cost of only 25 cents per bill of any denomination, with no accountability for any of it), that makes confidence in FRAUDs, (Federal Reserve Accounting Units of Debt) worth less.

Commenting on the raid yesterday, Chris Powell, secretary/treasurer of Gold Anti-Trust Action Committee Inc. wrote, “This moves seems extraordinarily bold considering that Liberty Dollar’s right to operate already was being litigated in federal court”

Bernard von NotHaus, monetary architect of Liberty Dollar wrote, “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.

At this writing, I still haven’t found that any charges have been made against Liberty Dollar: a Fifth Amendment violation, in that they were “deprived of…property, without due process of law”. Does confiscation first, and making up charges later sound like behavior you should expect and accept from law-enforcement at any level?

To Tobys’ towering intellect, all this may sound a little loony, but have ANY of the other candidates even acknowledged our currency crisis, much less suggested that anything should be done about it. The definition of insanity is doing the same thing over and over, while expecting different results. The Feds boundless printing of these pulp fictions has put us in dire straits. “Insane policies” are those promoted by ALL the other candidates who suggest we can improve our economic stability while keeping the status quo.

The Ron Paul/Bernanke face off you mentioned can be seen here: http://youtube.com/watch?v=yAwvlDJgJbM

By: Troy La Mana

Troy La Mana — Fri, 16 Nov 2007 22:54:28 +0000

If Ron Paul expressing a desire to uphold the U.S. Constituion is looney then call me crazy.

I may not like his Iraq position but everything else is exactly what I feel should be governments roll.

By: AndDru1

AndDru1 — Fri, 16 Nov 2007 22:02:21 +0000

Romney has loads of it.

By: DhaMan

DhaMan — Fri, 16 Nov 2007 21:36:46 +0000

Someone called this in on C-SPAN this AM. They dismissed it with a comment like “Oh another Ron Paul caller, we get loads of them.”

Sadly, the government used the only weapon they really know which is force. All partof
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Any other candidates have currency available to collect?

By: Keith

Keith — Fri, 16 Nov 2007 20:29:08 +0000

From what I’ve read, the charges are money laundering and fraud, not specifically the act of creating a private currency. It sounds like an instance of “what can we find to charge this guy with”. The questionable aspect is in the seizing of the gold and silver and whether it exists as assets of the holders of liberty dollars. If so, does that mean they are charging every holder of liberty dollars with laundering and fraud? If not, they should not have seized their gold/silver. If a dry-cleaner gets raided, can they confiscate the clothes as assets of the store owner?

By: Mark Herpel

Mark Herpel — Fri, 16 Nov 2007 20:06:13 +0000

This is a tragedy of gigantic proportion. To see this simple silver backed barter currency closed in a raid and seizure is utterly ridiculous. It’s very sad to see what America has grown into…
Mark
DigitalMoneyWorld

By: KillJoy

KillJoy — Fri, 16 Nov 2007 20:02:50 +0000

It IS a Federal crime to alter currency by stamping or superimposing images on coins – except for the penny.

By: iconoclast63

iconoclast63 — Fri, 16 Nov 2007 19:51:49 +0000

I love it when people call Ron Paul insane or wacko and the like. By doing so you are saying that upsetting the status quo is tantamount to being a mental defective. The same status quo that forces us to borrow our own money from a private bank (Federal Reserve) then uses that money to fund wars to feed the military industrial complex. We are 9 trillion dollars in debt and going deeper every day … leaving our children and grandchildren to try to pay it off, while the same debt machine churns on. Anyone who supports the status quo is insane, while those of us who are attempting to change, history will record, are the sane and responsible ones.

By: rocketship

rocketship — Fri, 16 Nov 2007 19:51:10 +0000

Toby, you might want to reconsider your use of the word, ‘loonie,’ in that the Loonie is the Canadian dollar coin, which is rapidly appreciating in value against US currency. Referring to Ron Paul supporters as ‘loonies’ therefore carries the connotation that they are financially sound — certainly more so than ‘feddies.’

By: Toby

Toby — Fri, 16 Nov 2007 19:32:17 +0000

perhaps as long as his supporters can continue looking at least a bit loonier than he is, Ron Paul can manage to siphon a few more dollars out of people who know he’s against the war and don’t know much else about his insane policies.