Submission + - "LIberty Dollar" office raided (courierpress.com)
vallor writes: Folks led by Von NotHaus were selling "Liberty Dollars" (since 1998), which were $20 silver pieces, it appears — FBI raided them this morning. There is apparently some legal history, including a letter from a mint telling the Liberty Dollar folks that their coinage was illegal.
Here's the thing, though — the company also has/had paper notes, which were backed by gold and silver in their vaults. And _all_ _that_ was confiscated in the raid, too. This raises my eyebrows: the raid was conducted by the FBI (DOJ), _not_ the Secret Service (Department of Treasury)...
There is an email from NotHaus circulating, in which he proclaims: "We have nothing but the will to push forward and overcome this massive assault on our liberty and our right to have real money as defined by the US Constitution."
You can read the guy's email at: http://soapboxspectacle.com/
-vallor
Here's the thing, though — the company also has/had paper notes, which were backed by gold and silver in their vaults. And _all_ _that_ was confiscated in the raid, too. This raises my eyebrows: the raid was conducted by the FBI (DOJ), _not_ the Secret Service (Department of Treasury)...
There is an email from NotHaus circulating, in which he proclaims: "We have nothing but the will to push forward and overcome this massive assault on our liberty and our right to have real money as defined by the US Constitution."
You can read the guy's email at: http://soapboxspectacle.com/
-vallor