So, the Federal government misapplied a law that was actually meant to fight counterfeiting and forgery! Ah the stupidity of it all!

I had an order for some liberty dollars, $573 with shipping. I wonder if I will ever see it.

Those assigned to peddle lies on behalf of the Regime regarding the Liberty Dollar robbery – FBI Agent Wendy Osborne of the Bureau’s Indianapolis Office, and Suellen Pierce of the US Attorney’s Office for the Western District of North Carolina – aren’t answering questions. This, too, is to be expected: Spokes-drones for a totalitarian collective can’t speak until they are programmed with the appropriate talking points.

Oh so true.

“Today, a massive gold heist was committed against “The Liberty Dollar” that was raided by the FBI and the Secret Service. Approximately $2 million worth of gold, silver and platinum were seized. They have done nothing illegal. They have only been providing an alternative to the fiat currency system that we have, offering inflation-proof currency to people who choose to deal in precious metals. The government has confirmed the legality of “The Liberty Dollar”, but to heck with laws and rights, if our Gestapo-style regime under King Bush doesn’t like it, it’s not okay to do in this country.

I lament over our “limited government” Republican fascist empire that we have. Is this what our country voted for? The biggest federal budget ever? The biggest federal bureaucracy ever? The biggest American government failure ever? What a malicious band of marauding power-hungry kooks. And America is gearing up for more of the same in Giuliani, McCain or Romney. We’ll get what we deserve. Perhaps, God will have mercy on us and give us someone less offensive like Clinton or Obama. I will take that any day over another Republican desecration of the Whitehouse.”

I distribute my journal to all of my immediate family who, for the most part, are dye-in-the-wool, hardcore Republicans and think that Bush is doing a great job. I will have to run for cover when I go up to see them in Utah, again . . . :O)

Jay

In a bold move, the Fed now has confiscated all of the Liberty Dollar assets and specie.

Of course they did. The Fed can’t let people go around, implying that the dollar is untenable……which it is, or it will be soon

The Coinage Act of 1792 requires United States Dollars to be either gold or silver. Same thing in that gd piece of paper. Good thing we don’t teach about it anymore!

Federal Reserve Notes are redemable in no thing.

The government is worried that the sheeple might find out.

Why does the mint’s gold and silver cost much more than the face value? They actually admit the Federal Reserve Notes are worth less!

I think you could say that the economy essentially collapsed in New Orleans last year. Do you think some silver dollars would have gotten you anything? I’d rather have a large supply of bottled water and toilet paper in such events. I think my bargaining power would be greater than silver dollars.

I just bought $1500 in silver last month. I think it is minted by the US (Silver Eagles). Somewhat irrelevant to me who mints it. Nice if the US does – maybe it will mean more if we ever face a major depression. Anyway, not to get too caught up in dooms day – smile, be happy, and take someone special out for a night at the dollar movies while you can – but rare metals will have value in good times and bad. It’s not a bad part of a wise emergency preparedness program.

On September 14, 2006, the United States Treasury Department issued a press release stating that “the use of these gold and silver NORFED ‘Liberty Dollar’ medallions as circulating money is a Federal crime” under 18 U.S.C. § 486.

Liberty Dollar responded immediately September 14th with a press release from Director Michael Johnson reasserting the legality of Liberty Dollar silver pieces, and pointing out numerous errors in the Treasury Department’s release, including the Department’s misquotation of the relevant U.S. Constitutional passages and misapplication of Federal laws. Liberty Dollar Regional Currency Officers and Liberty Dollar Associates across the country, communicating through blogs and online discussion groups, insisted that every one of the legal issues raised by the Treasury have already been thoroughly researched and do not apply to Liberty Dollars, which are not marketed as “legal tender”, are not “coins”, and are not “current money” as defined by law, contrary to what the U.S. Mint and Treasury Dept. had accused.

As per going after them for labeling the currency as Liberty “Dollars”, there are many other community currencies that do the same. The official name of the nation’s currency is “United States Dollar”. I see nothing wrong with calling them Liberty Dollars. As noted above, they are not being marked or sold as legal tender.