
I sincerely regret to inform you that about 8:00 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville.
For approximately six hours they took all the gold, all the silver, all the platinum and almost two tons of Ron Paul Dollars that where just delivered last Friday. They also took all the files, all the computers and froze our bank accounts.
We have no money. We have no products. We have no records to even know what was ordered or what you are owed. 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. We should not to be defrauded by the fake government money.
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.
Once again we have a gross assault on freedom itself. When the government thinks it can simply walk in and confiscate private property at the point of a gun, essentially putting a legal business out of business, it's time to wake up!
Who are the real criminals in the United States? I submit that the largest organized criminal organization in America today is the Federal Government. And we thank them for it!
It may be premature, but I would suggest looking at Article 1 Section 8 of the Constitution.
I wouldn't think that applies, although I'm sure the feds will claim it does. Just because someone presses gold into a coin and calls it a dollar doesn't make it legal US tender.
As for the network of merchants willing to accept the Liberty Dollar, that's called barter and it's legal. If I want to trade you x hours of service for x number of your little gold discs, so be it. I could also trade x hours for x pounds of hamburger.
Would it be any different if, insted of coins, they pressed cubes and instead of dollars, they called them... well, Liberty Cubes?
I'm just suggesting that perhaps they flew too high on wings of wax. What you consider barter and what the Feds may see as a rival to the dollar may be one in the same. Given the information so far, it just seems like a plausible explanation.
If you go to the Liberty Dollar site, you can see what the government and fed has said on this. This raid came from out of the blue and took everyone by surprise.
I'm sorry, I'm not seeing your point. Are you supporting or refuting my comments?
The FBI tends not to inform people in advance of raids ... it would defeat the purpose.
Most of the articles in the "In The News" really seem to lend credence to my suggestion. Two of the three most recent stories involve people paying using these coins. One article is titled "Liberty Services issues copper dollar to compete with U.S. $1" ... the whole article section basically indicates that the Mint is pissed.
Liberty Dollar was in a case with the government to get the government to remove wording on their site that says the Liberty Dollar is illegal, but there has been no action by the feds prior to this that required Liberty Dollar to stop what they were doing and in fact they said they were allowed to mint coins and print paper as long as it was not distributed as "legal tender".
Claudia Dickens, spokeswoman for the U.S. Treasury Department's Bureau of Engraving and Printing, said American Liberty Currency is legitimate.
"There's nothing illegal about this," Dickens said after the Treasury Department's legal team reviewed the currency. "As long as it doesn't say legal tender there's nothing wrong with it."
"It's not counterfeit money," concurs Ron Legan, Special Agent in Charge (SAC) of the Seattle, Wash., Secret Service field office.
"If these (NORFED) people want to issue their own money, so be it. It will be interesting to see what the public thinks," Rolnick (The Federal Reserve economist and historian) said.
Usually when a business gets raided by the FBI there has been some sort of correspondence prior to the raid that indicates that they are being investigated and should stop what they are doing. Obviously they do not call ahead to say what time they are coming but the fact they come is usually no surprise.
The recent reports of the coins being used as regular money and people not realizing its not legal tender originally led me to suggest a possible Constitutional issue.
Having checked the linked blog post again, it seems like this may be connected to money laundering and mail fraud (mentioned below as well). That is much more likely than shutting them down for coining money.
But for the record, at least from what I've read, it's not clear that there wasn't an ongoing dialog between the company and the Feds, or that spontaneous raids aren't unheard of. Also, the "okay" from the Treasury came back in 1999; things may have changed since then.
they outsourced Article I section 8 to the federal reserve bank.
absolutely, if anybody should be held accountable to Article 1 section 8 it should be the "federal" reserve.
Congress created the Federal Reserve, so there really isn't any violation.
I was considering investing in them. Now I'm glad I didn't. I am @!$%#ing pissed off though.
Well, Joseph, my friend? Is it Capitalism, or is it Government? Or is it both?
Please do tell me how government regulation enhances freedom. I'm all ears.
I don't thank them for it ... I vote Libertarian.
My friend is a member of a labor union and told me this:
They had bulletin board in the union hall where small jobs were posted by members. A guy would need electrical work, say wiring a new garage. An electrician would go to his house on the weekend and do the work. Instead of earning MONEY from the guy whose garage he wired, he earned HOURS. So, a month later, that electrician needs some plumbing done at his house. He posts the job on the bulletin board, a plumber comes out and does the work. The plumber is paid with the hours that the electrician earned on the garage last month. And everyone is assured of having a true professional doing the work. Simple, huh? It worked for years. Until the IRS found out about it. Seems that there's no way for the IRS to accept their cut in HOURS, so zoink! No more barter system.
I'm no constitutional lawyer, but my interpretation of the law is that Congress has the right to establish legal tender for which THEY can use to buy goods and services. The fact that we all use it is voluntary. I should point out that throughout the 19th century, locally printed and backed "bank notes" were the norm. They lost their popularity as the economy grew and they became inefficient. Privately printed promissory notes (which is essentially what these Liberty Dollars are) are completely legal. Though they might run in to some trouble since the US Mint has already coined something called the Liberty Dollar (I think...). What interests me is this phrase in the blog that mentions charges of laundering money. There could be more to this than we know. More probably, they're just pissed because they can't track every penny these people spend.
Technically, barter is legal but it is taxable. The union you speak of would have probably been fine if they had set a value to the hours and reported them as income to the IRS.
(remember that the next time you help a neighbor and he buys you a case of beer - that's taxable income)
The same would be true of these Liberty Dollars. If you're "trading" goods and services for gold coins, it's income that should be reported. I suppose there's also sales tax depending on the goods and services.
I tend to think that these coins themselves are (or should be) legal. Their advertising is deceptive and it's not something I'd get involved with. Of course, the many other mints out there are just as bad or worse.
And it's sickening that they think they are entitled to absolutely everything we do...and even worse that we have allowed it to happen.
After some thought, I think I would like to clarify my position on this. The constitution gives Congress the power to coin money, we should respect that. And I reallllllly hate being on the side of the AG on this. But if this group wished to make their point, there would be other ways to do so: like using old US Silver Dollars from before the seventies when they actually had silver (if they wanted to make the point about the 'drop' and the weight of real precious metal). And a real silver dollar would be worth more like $20. OR, they could have just printed bank notes. If this group is honest enough, and really has precious metal to back their currency, then people would accept their bank notes. And printing paper currency (so long as it isn't counterfeit US currency) is not prohibited by the Constitution. But something tells me that people probably wouldn't support these guys as much if they were passing paper notes.....
They weren't forcing they're currency on anybody. They didn't call it legal tender. Technically, when people purchased a note, what they were willing buying as a certain amount of gold and silver, but just storing it somewhere else.
Owning and trading in gold and silver should no be illegal if everything is perfectly voluntary.
"Owning and trading in gold and silver should no be illegal if everything is perfectly voluntary."
I agree. It's the COINAGE part that I have a problem with. Samy's right, article 1, section 8 is perfectly clear. These guys were trading coins, not paper.
Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design, shall be fined under this title [1] or imprisoned not more than five years, or both.
That's Title 18 of the US Code, Section 486.
This "Liberty Mint" is clearly
a.) Not authorized by law to
b.) Make, utter or pass coins of gold or silver or other metal, which are,
c.) of original design
So therefore, the issue at hand is whether the coins were "intended for use as current money."
I don't have immediate access to a copy of Black's Law Dictionary (which is afforded secondary legal authority). However, I found a definition (from Black's) online:
Current Money: The currency of the country; whatever is intended to and does actually circulate as currency; every species of coin or currency. It is employed to describe money which passes from hand to hand, person to person, and circulates through the community, and is generally received. Money is current which is received as money in the common business transactions, and is the common medium in barter and trade. Page 383.
As the Liberty Mint claims, their "medallions" are intended to be circulated from hand to hand, and person to person. They also claim that the "medallions" are generally accepted in common business transaction due to their intrinsic worth as gold/silver/other metal. Therefore, the Liberty Mint "Dollars" can be fairly certainly defined as current money, and therefore Liberty Mint is in violation of 18 U.S.C. 486.
Barring constitutional challenge to this statute, then, there is no legal argument I am aware of to defend the actions of Liberty Mint or to disparage those of the F.B.I. (although I would have thought the Secret Service would have done the prosecution of the raid, rather than the F.B.I.)
Regarding the above anecdote regarding "hours", It would seem that the "hours" used as an unofficial currency would not be in violation of 18 U.S.C. 486 because they weren't physical coins/"medallions". The I.R.S. angle is another to consider, but doesn't really seem applicable in this instance, as long as sales tax was paid to the state in which transactions were being made for U.S. Dollars in exchange for "Liberty Dollars" or "Ron Paul Dollars."
That is all interesting but I wonder how it jibes with the Treasury and the Mint saying are within the law to make and exchange their dollars, so long as they do not represent them as be being legal tender.
Regardless, it would appear they were not raided for being counterfeiters but for money laundering. Which would be why it is the FBI and not the Secret Service leading.
I saw those quotes. The only explanation I can give, as an uninterested observer, is that those spokesmen/women were wrong or lying. They're not really under any obligation to tell the truth (although they should).
It should be noted that the Secret Service Financial Crimes Division
plans, reviews, and coordinates criminal investigations involving Financial Systems Crimes, including ... fraud and related activity in connection with identification documents and fraudulent commercial, fictitious instruments,foreign securities.
The Division also coordinates the activities of the U.S. Secret Service Organized Crimes Program, and oversees money laundering investigations.
Their presence does not rule out my initial hypothesis, but I'm still leaning towards money laundering based on the evidence so far.
Even so, does this give them the right to steal private property? They just took 2 tons of gold and silver. When people purchased a Liberty Dollar note, it was a contract saying that they could exchange it for a certain amount of gold or silver. So really, that gold was stolen from several people, not just liberty dollar.
This, of course, was a precedent established by Charles I and his son in England when they raided the goldsmiths to fund various wars and projects. It's sad that our government is now mimicking the English monarchy of old.
At least then the people knew exactly why the kings took the gold and where it went. Now it will just get list within layer after layer of bureaucracy, with no real reason given for the theft.
No, Josh. Property used, or suspected to have been used, in various suspected criminal activities is subject to seizure. This seizure of gold/silver is exactly the same as seizing the vehicle used by a drug smuggler - no, the car isn't illegal, but it was used for illegal activities. In this case, the gold/silver was used either to mint current money contrary to 18 USC 486 or in laundering money. Either way, the government's "theft" of the gold/silver is justified under both common and statutory law and is just. The law does have to apply to everyone; those doing things you think should be legal aren't excluded. (e.g. It's not unjust for the government to seize a drug dealer's car, although it is unjust that drug dealers are punished for selling a drug on which you cannot overdose. They know the law, and took a risk.)
I don't think a fundamental, inalienable right is taken away simply because a bunch of thugs can give it the air of "legality." That's the way it is, yes. But it doesn't mean we should just roll over and hand them the lube.
It's not unjust for the government to seize a drug dealer's car
Why is this not unjust? Just curious what your reasoning is.
What does the car have to do with the illegal transfer of goods, if they already have the goods and the culprits? Now in the case that a murder took place in a vehicle, sure I can see the arguement for that.
Why is this not unjust? Just curious what your reasoning is.
The car was used for transfer of contraband. By using the vehicle for that purpose, the car becomes an accomplice, for lack of a better word, to the crime, and therefore subject to "arrest", that is, seizure.
I don't think a fundamental, inalienable right is taken away simply because a bunch of thugs can give it the air of "legality."
How else do you define legality, besides force of arms? Just because something is legal doesn't make it right, and just because something is right doesn't make it legal. However, "stealing", as used in the title of the seed, implies a criminal action, which doesn't seem to be the case.
Under God's law it is stealing.
;-)
Can't argue much against that...
Indeed. It should be considered impossible.
The car was used for transfer of contraband. By using the vehicle for that purpose, the car becomes an accomplice, for lack of a better word, to the crime, and therefore subject to "arrest", that is, seizure
Repeating the lies of our government doesn't give them any more value than they had previously. A car, a boat, or a ton of gold (and I know this is a radical concept) is not a person. They are inanimate objects, incapable of committing a crime.
Just because something is legal doesn't make it right, and just because something is right doesn't make it legal.
Assuming that you just typo'd and left out the "a" before "right," you are technically correct. The thugs can pass laws against any or all of our rights, but those laws are void the instant they're passed according to the Supreme Law of the Land. But then again, we're talking about "a goddamned piece of paper" according to the current administration.
I just seeded the Liberty Dollar page with information about the raid. They have links to the warrants used.
Apparently they were raided as part of an investigation into money laundering.
Sorry messed up the link - here is the correct one.
My 2/100 of a unit of currency the value of which is determined by fiat by an illegitimate government or whatever:
What are "Hawaii Dala" (or "Data"?) or "Verified First Technologies" or "Clark, Anderson, McNelis and Co" which are mentioned in the search warrant?
Also, the "agent information":pdf has copies of an FBI agent's badge as well as that of a Secret Service agent. Perhaps it is a counterfeiting investigation, with the FBI called in for support, given that they probably have more experience with armed raids...
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