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Old 06-07-2009, 05:29 PM   #1
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Feds indict makers of Ron Paul Dollars............

'A federal grand jury brought indictments Friday against the maker of an obscure currency supported by some libertarians.

The U.S. District Court for Western North Carolina indicted four North Carolinians with conspiracy and counterfeit charges stemming from their manufacturing of so-called "Liberty Dollars."

Liberty Dollars are a private currency based on a gold and silver standard, with a purported exchange rate with the U.S. dollar. Its manufacturers say that the U.S. dollar is unreliable due to the effects of national monetary policy.

The feds unsealed a four-count indictment against the currency's lead architect, Bernard von NotHaus, and three other individuals.

Among other charges, the government alleges the organization "did knowingly and unlawfully utter and pass, and attempt to utter and pass, a coin of silver in resemblance of genuine coins of the United States."

The government also seized the private currency as part of the indictment.

Among the seized coins are the $20 dollar mark produced by the group, which features Rep. Ron Paul (R-Texas), a libertarian icon and monetary policy critic, on its "heads" side.'

Source: The Hill’s Blog Briefing Room » Feds indict makers of libertarian currency
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Old 06-07-2009, 05:34 PM   #2
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Originally Posted by Nonno View Post
'A federal grand jury brought indictments Friday against the maker of an obscure currency supported by some libertarians.

The U.S. District Court for Western North Carolina indicted four North Carolinians with conspiracy and counterfeit charges stemming from their manufacturing of so-called "Liberty Dollars."

Liberty Dollars are a private currency based on a gold and silver standard, with a purported exchange rate with the U.S. dollar. Its manufacturers say that the U.S. dollar is unreliable due to the effects of national monetary policy.

The feds unsealed a four-count indictment against the currency's lead architect, Bernard von NotHaus, and three other individuals.

Among other charges, the government alleges the organization "did knowingly and unlawfully utter and pass, and attempt to utter and pass, a coin of silver in resemblance of genuine coins of the United States."

The government also seized the private currency as part of the indictment.

Among the seized coins are the $20 dollar mark produced by the group, which features Rep. Ron Paul (R-Texas), a libertarian icon and monetary policy critic, on its "heads" side.'

Source: The Hill’s Blog Briefing Room » Feds indict makers of libertarian currency


Too bad. I loved these coins.


When you peel the silver off, there's godiva chocolate inside.
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Old 06-07-2009, 05:47 PM   #3
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The Danbury Mint makes commemorative coins all the time so I don't understand how they broke the law. Where they trying to pass them off as legal tender or was it because of the name "Liberty"????
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Old 06-07-2009, 06:22 PM   #4
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Originally Posted by backagain39 View Post
The Danbury Mint makes commemorative coins all the time so I don't understand how they broke the law. Where they trying to pass them off as legal tender or was it because of the name "Liberty"????
Well, Obama is president. His Justice Dept side kick is Holder. Paul beat Obama to having his own coin. Obama was not going to stand for it.

Questions?
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Old 06-07-2009, 07:17 PM   #5
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Well, Obama is president. His Justice Dept side kick is Holder. Paul beat Obama to having his own coin. Obama was not going to stand for it.

Questions?
Ahem........

https://www.franklinmintobamacoin.com/flare/next

https://www.obamacoincollection.com/...spx?mid=528810

http://www.wewlondon.com/bocoins.html

Pick a coin....any coin.....or BILL:

Barack Obama $2 Bill
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Old 06-08-2009, 08:01 AM   #6
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well, I dont know about all this, but I can tell you one thing for sure,
the Monopoly game gets burned tonight.
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Old 06-08-2009, 04:45 PM   #7
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Originally Posted by PsyOps View Post
Well, Obama is president. His Justice Dept side kick is Holder. Paul beat Obama to having his own coin. Obama was not going to stand for it.

Questions?
Seeing that this investigation began in 2007, how is it that Eric Holder is responsible?
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Old 06-08-2009, 04:47 PM   #8
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This is just an example of the Administration trying to silence all of its critics. These "coins" have been out since 2006 if I am not mistaken, and suddenly the manufacturers of them are arrested? This has been done just because idealogies such as "End the Fed" and "Return to the Gold Standard" have been gaining ground, and the Administration wants to silence the effort by threatening imprisonment to those who disagree with Obama. This is scary, folks! What's in the future? Are critics going to be beaten into submission? Anyone not alarmed by these events should read history of
1930s Germany and how quickly it transformed from a democracy to a dictatorship. We must VOTE THESE PEOPLE OUT OF OFFICE beginning in 2010!
This is just an example of people being so silly about their hatred for this administration that they fail to realize the investigation began under the last administration.
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Old 06-08-2009, 05:59 PM   #9
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Seeing that this investigation began in 2007, how is it that Eric Holder is responsible?
It was a joke. :rolleye:
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