Liberty Dollar office raided

[Tyler Durden]

Huh? All of their records were in boxes in a strip mall store front? No
redundancy? No encrypted and remote digital storage? Praise Jebus I never
bought any of their currency.

-TD

> Date: Thu, 15 Nov 2007 16:18:40 -0500
> To: clips at philodox.com; dgcchat at dgcchat.com; cypherpunks at al-qaeda.net
> From: rah at shipwright.com
> Subject: Liberty Dollar office raided
>
>
<http://courierpress.com/news/2007/nov/15/liberty-dollar-office-raided/?print
er=1/>
>
> Evansville Courier Press
>
> Liberty Dollar office raided
>
> Staff report
> Originally published 01:42 p.m., November 15, 2007
> Updated 01:42 p.m., November 15, 2007
>
> The future of an Evansville-based company that produces a "private
> voluntary barter currency" known as the Liberty Dollar is in question after
> federal agents raided the facility this week, according to an e-mail sent
> by its founder.
>
> Federal officials reportedly raided the group's headquarters, located in a
> strip mall at 225 N. Stockwell Road, early Wednesday morning and seized
> documents and precious metals.
>
> FBI Agent Wendy Osborne, a spokeswoman for the FBI's Indianapolis office,
> directed all questions on the raid to the Western District of North
> Carolina U.S. Attorney's Office. A spokeswoman there said she had no
> information on the investigation.
>
> Bernard von NotHaus, the group's monetary architect and the author of the
> e-mail, did not immediately respond to a message seeking comment.
>
> Von NotHaus developed the Liberty Dollar in 1998 as an "inflation-proof"
> alternative currency to the U.S. Dollar, which he has claimed has devalued
> since the Federal Reserve was established in 1913. The silver medallions
> are produced by a private mint in Idaho on behalf of Evansville-based
> Liberty Services, which also issues paper notes which the group says are
> backed by silver reserves.
>
> Liberty Dollar employees were at the office this morning cleaning up after
> the raid. They referred all questions to von NotHaus.
>
> According to the e-mail, about a dozen agents arrived Wednesday morning and
> seized gold, silver, platinum and nearly two tons of recently delivered Ron
> Paul Dollars. They also took all the files, all the computers and froze the
> group's bank accounts, the e-mail said.
>
> "We have no money. We have no products. We have no records to even know
> what was ordered or what you are owed," von NotHaus wrote in the e-mail,
> which was sent to Liberty Dollar customers. "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."
>
> The e-mail said the gold and silver that backs up the paper and digital
> currency was confiscated, as were the dies used to mint the Liberty Dollars
> themselves. As a result, it warns that recent orders placed for Liberty
> Dollars may not be filled and it encourages supporters to band together for
> a class action lawsuit.
>
> The e-mail repeatedly defends the Liberty Dollar as legal.
>
> "You did nothing wrong," von NotHaus wrote. "You are legally entitled to
> your property. Let us use this terrible act to band together and further
> our goal to return America to a value based currency."
>
> - Gavin Lesnick
>
>
> --
> -----------------
> R. A. Hettinga <mailto: rah at ibuc.com>
> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
> 44 Farquhar Street, Boston, MA 02131 USA
> "... however it may deserve respect for its usefulness and antiquity,
> [predicting the end of the world] has not been found agreeable to
> experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

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