Burn Your Liberty Dollars (freedom lovers only itt)

HILARIOUS
Fake Ron Paul coins seized - Ron Paul - MSNBC.com

Quote:

EVANSVILLE, Ind. - Federal agents raided the headquarters of a group that produces illegal currency and puts it in circulation, seizing gold, silver and two tons of copper coins featuring Republican presidential candidate Ron Paul.

Agents also took records, computers and froze the bank accounts at the "Liberty Dollar" headquarters during the Thursday raid, Bernard von NotHaus, founder of the National Organization for the Repeal of the Federal Reserve Act & Internal Revenue Code, said in a posting on the group's Web site.

The organization, which is critical of the Federal Reserve, has repeatedly clashed with the federal government, which contends that the gold, silver and copper coins it produces are illegal. NORFED claims its Liberty Dollars are inflation free and can restore stability to financial markets by allowing commerce based on a currency that does not fluctuate in value like the U.S. dollar.

"They're running scared right now and they had to do something," von NotHaus told The Associated Press Friday. "I'm volunteering to meet the agents and get arrested so we can thrash this out in court."

Wendy Osborne, a spokeswoman for the FBI's Indianapolis office, declined to comment and referred all questions to the U.S. attorney's office for the Western District of North Carolina. Suellen Pierce, a spokeswoman for that office, also declined to comment.

The raid comes eight months after von NotHaus filed a lawsuit in federal court in Evansville seeking a permanent injunction to stop the federal government from labeling the Liberty Dollar an illegal currency.

The U.S. Mint issued a warning this year that the Liberty Dollar violated the Constitution and warned consumers against using them unsuspectingly.

Paul's campaign said it had not authorized production of the Ron Paul dollars.

"We were aware they existed, but we didn't have any affiliation with them," said Jesse Benton, a spokesman for Ron Paul's campaign. "He didn't ask our permission to make them."

YouTube Video

It isn't illegal to issue alternative currency. You can, for instance, trade your dollars for e-gold which allows you to trade gold over the internet. The thing about it is that von Nothaus(lol) claimed that his Liberty Dollars are actual legal tender, which is illegal because the minting of coins is a right reserved for the Federal government.

It doesn't work as a real commodity exchange, either. Gold right now is 785 USD, but they markup the coins so that they're 1000 per ounce. People are buying commemorative coins thinking that they work like real money.

Spoiler:

lol

Jam it back in, in the dark.

My future is safe with my bomb shelter and MREs.

P.S.
Please don't tell anybody I have a bomb shelter and food.

edit: Check out the prices on ebay for Silver $20 Ron Paul Liberty Dollars.
FIGHT THE POWER

There's nowhere I can't reach.

Yeah gold is worthless during the apocalypse. Without goods distribution the only real currency is food and water.

This thing is sticky, and I don't like it. I don't appreciate it.

Originally Posted by Divest

What about weapons and ammunition?

== more food and water (and petrol)

I am a dolphin, do you want me on your body?

Originally Posted by Arainach

Why are libertarians, who seem to be interested in privatizing everything, even things like Homeland Security, so opposed to the Federal Reserve? The biggest complaint I hear from them is that it's private and not part of the government. I don't get it.

Well, not all libertarians are ancaps, and not all gold bugs are libertarians. Basically the usual anti-feddite thinks that the Federal Reserve contradicts the constitution and control over currency should be the responsibility of Congress, which is a bad idea in innumerable ways.

I was speaking idiomatically.

Quote:

That and the pile of Anti-fed articles that somehow seem to get continuously voted up at Digg and Reddit.

You can bet your bottom dollar that those people are probably the Infowars crowd.

What kind of toxic man-thing is happening now?