Ron Paul Dollar

[Ninja Homer]

This is awesome!

http://www.libertydollar.org/ld/ronpauldollar

[MGS]

WOw that is awesome!

[LibertyOfOne]

Wow, a silver Ron Paul coin. Why am I not suprised that NORFED would endorse him?

[Erazmus]

Wow, that is awesome. I think I'll get a couple.

[TheConstitutionLives]

That's kick ass, right there!

[ChrisM]

I'm not sure if this is worth it. It would be better if it were worth anything at face value.

[Quantumystic]

I'm not sure if this is worth it. It would be better if it were worth anything at face value.

Think of what it will be worth AFTER The Doctor becomes the 44th President?

I have to get me one of these $20 silver babies! I'd get more, but I think direct contributions are better.

[cujothekitten]

I was just coming over here to post about this, it's awesome.

[LibertyEagle]

It doesn't look like him to me. The chin is all wrong. I still ordered 4 though. ;-)

[oriolesfan]

I'm not sure if this is worth it. It would be better if it were worth anything at face value.

Are you kidding? Its an ounce of fine silver. At face value it's worth much more than anything our government puts out. If the USD collapsed tomorrow, you'd still have your silver!

[DjLoTi]

Wow. This is amazing. I think everyone should order 100 coppers at least. Imagine people's reaction.

I'm not sure if we can make purchases with these, but you can give tips with them. It's certainly an interesting conversation piece. But.. we can't buy goods with these, right?

[TheEvilDetector]

the existence of those dollars is like one big F$$$ Y$$ to the FED.

[Hancock1776]

Digg the Ron Paul Dollar up!!

http://digg.com/2008_us_elections/Ron_Paul_is_on_the_Money_Literally

[propanes]

Unfortunately that was my first impression too. The design doesn't excite me. I wouldn't pay $7 or so over spot for the silver round.


It doesn't look like him to me. The chin is all wrong.

[oriolesfan]

Wow. This is amazing. I think everyone should order 100 coppers at least. Imagine people's reaction.

I'm not sure if we can make purchases with these, but you can give tips with them. It's certainly an interesting conversation piece. But.. we can't buy goods with these, right?

Do a bit of reading on the site and you might be surprised. The Liberty Dollar does not claim to be legal tender, it is a voluntary private currency. Thus, you can buy goods and services with them. You're free to spend them at any business that accepts them (and from the testimonials--it sounds like most do!). Now of course this is the regular liberty dollar I'm talking about. It'd probably be a bit harder to spend a "Ron Paul" version as its more of a collector's item. But I'd love to be proved wrong!

[quickmike]

Im definitely going to get 100 of the copper ones and hand them out to people.


Thanks for the post!

[rockjoa]

Ordered 1 silver and 10 copper for $35

list of Paul coins
http://www.libertydollar.org/catalog/index.php?cPath=60

[MrOrange]

Impressive. That's all I have to say. This could be the best campaign tool ever. Hand a brochure out at events, 80 percent get trashed or dropped on the ground as litter (I think I might even be generous with that estimation). Hand this out at events (or casually at a restaurant as a "tip") and if they do get dropped/lost, they're instantly noticed and scooped up by the next passerbye "ohh, shiiiny"

These are classy and poignant, especially given RPs stance on value backed currency.

Of course the coppers are the only ones I would be able to afford to hand out. And we have to wait until November to get them. dam. And maximum 100. dam.

I gotta have, if only for a souvenier for myself.

[TheConstitutionLives]

I just bought 1 silver coin.

[ecliptic]

http://img442.imageshack.us/img442/1342/ronpauldollar50prk7.jpg (http://imageshack.us)

In celebration of The 4th of July, 2007 you are invited - even urged - to flex your independence with the Volunteer Network's 'secret weapon' - the Ron Paul Dollar bringing new meaning to the U.S. Mint's "Presidential Dollars" and symbolizing the Congressman's values. WOW! Now the Internet's favorite Presidential candidate has his own money to help turbo-charge his shot at the White House.

Impossible, you think? Long shot? Dark horse? Think again. This election is different. Want to stand this Presidential election on its head? Well guess what? As utterly amazing as it may seem, we the people, could actually get Ron Paul nominated. Why? Because there are so many Republican liars running for President and the field is so fractionized, that a classic dark house candidate could win. And that is amazing!

Yes, we all know that politicians are pathological liars. And this campaign has an unusually large number of liars. Fortunately, Congressman Ron Paul speaks the truth. He speaks the truth about the government, about money and about the war. Ron Paul is dedicated to the truth and a government as defined by the US Constitution.

But Truth without action... dies. The great American experiment is already dying. You can see signs of it everywhere. The federal empire is destroying America. And as it grows, we the people lose our purchasing power, our liberties and even our hope for a prosperous future.

Please don't let the Truth die. Nothing happens without you taking action. The Liberty Dollar cannot cure our country's monetary ills without YOU. Congressman Ron Paul cannot be elected without YOU. You are the most important person in this election.

So the Volunteer Network created a 'secret weapon' - the Ron Paul Dollar. Available in pure $1 Copper, $20 Silver, and $1000 Gold Ron Paul Dollars. It was specifically designed to popularize Ron Paul's campaign, put more real money in the people's hands, attract more media attention and political memorabilia collectors.

"The Ron Paul Dollar is certainly different," said Jeff Kotchounian, a collector in Michigan. "For me, it's a great way to popularize Ron Paul and get him elected!"

Von NotHaus, the fiery "freemarketeer" behind the Ron Paul Dollar, observes, "It will be interesting to see if enough people are fed up with politics, Bush regime, and the war to take Congressman Paul seriously. Certainly the Ron Paul Dollar is as unique as the Candidate and the election itself. Do the majority of Americans really want to change Washington? Time will tell."

Von NotHaus stresses urgency as the political parties have moved up the primary elections, squeezing campaigning time to only eight more months. If people want to change things, they must make a donation to Ron's campaign, get a Ron Paul Dollar and support him right now.

All this will be a big surprise to Dr. Paul. As Liberty Dollar's legal counsel pointed out, if Ron Paul's campaign was informed before the launch date, the Federal Election Commission could require profits in excess of $2,300 (the maximum individual donation allowed) to be distributed to the Republican Party! So the Ron Paul Dollar was created as an "independent contribution" and is distributed through the grassroots Volunteer Network.

As von NotHaus explains, "Even though I know and respect Ron Paul for his free market philosophy, I did not take his campaign seriously until our mutual friend G. Edward Griffin mentioned his support. It got me thinking about how I could support Ron's campaign, then Nic Leobold suggested a Ron Paul Dollar and the project took off."

IMPORTANT: If you don't do anything else, please link your site to www.RonPaulDollar.com site to enhance the site's rating with Google. Thanks!

The Ron Paul Dollar is not only the most valuable and daring secret weapon against the big lies of big money and their big party politics. It is an honest campaign tool that can put an honest man in the White House.... for a change.

It is time to return our country to the values that made it great. It is time for Constitutionalism!

Please take action. Join the revolution. Tell your friends about the Truth. Tell them about the Ron Paul Dollar... And Vote for Truth... Vote for Ron Paul.

On this very special national holiday - declare your Independence from the politically controlled government! Call somebody, anybody, about Ron Paul. Make a donation. Get a Ron Paul Dollar. Demand your local newspaper/television cover the Ron Paul Revolution. We can free America, again. Happy Independence Day 2007!

Click HERE for Rate Schedule for gold, silver and copper Ron Paul Dollars.

Please call: 888.LIB.DOLLAR or 888.421.6181 for more info or to order Ron Paul Dollars by phone using your bankcard.

[specsaregood]

//

[Razmear]

You can get the coppers for 90 cents each with no limit if you become a Liberty Associate.

Here is the price sheet:

http://www.libertydollar.org/ronpauldollar/rpr_schedule.pdf

and the form to sign up as a Liberty Merchant:

https://www.libertydollar.org/catalog/merchant_form.php

eb

[lucius]

Sweeeeeeeeeeeeeeeeeeet!

[Lois]

My 12 year old daughter's been following Ron Paul with me, and she says 'that looks like him', so that's good enough for me.

Lois

[fluoridatedbrainsoup]

Admin note: merged threads

www.ronpauldollar.com

Anyone else post this already? I'm gettin a few coppers and a flask soon - I really like the idea - Not sure how many places one can use it but I bet coin collectors would eat this up..

Dropped Alex Jones a mail with this link since I know he's against the FED and for Ron's FRUIT. Let's go viral with this, my friends - Not only does it help Ron, it's freakin Cool.:cool:

[Erazmus]

Yup, was posted here. (http://ronpaulforums.com/showthread.php?t=5415) I plan on getting some of the Paul Dollars too.

[Bryan]

This is shameless on their part but I had to bite-- :) I've been a fan of the Liberty Dollar for years. I ordered one silver and 40 copper-- shipping was $10.50.

[ecliptic]

There's a new kind of real currency that is potentially the most revolutionary thing in the world today - anonymous gold-backed digital currency.

This is potentially huge - it's rapidly evolving and the United States government is naturally working against this new kind of money. I am not an expert or even knowledgeable about this but I am trying to learn all I can. Imagine spending money online anonymously. This is something I want very very badly and it is being developed. Here are some links and anyone who can educate us - please do!

Here are some starting points:

{ warning: the federal government does not want you to see this stuff - if you are afraid of them do not attempt to learn about this subject any further. Return to your regularly scheduled program..... SLEEP ..... OBEY ..... CONSUME ..... SLEEP ... }

E-Money ( that's what I want ) (http://www.wired.com/wired/archive/2.12/emoney_pr.html)

eCache (http://www.digitalmoneyworld.com/ecache-anonymous-digital-bearer-certificates/)

eCache announcements (https://ffij33ewbnoeqnup.onion.meshmx.com/news.php)

DigiCash (http://www.digicash.com/)
"we are currently operating in stealth mode"


Digital Money World (http://www.digitalmoneyworld.com/)

e-Gold (http://www.e-gold.com/)

General Money Truth website - one of the best websites on the entire net:
SafeHaven (http://www.safehaven.com/index.cfm)

Obviously there is a huge barrier to trusting these types of companies - eGold for instance had their gold reserves seized by the U.S. government ( I'm fairly sure ) and have been forced to relocate in Africa. The nation they relocated to is very positive and progressive towards new types of economic activity, I read somewhere...

This is inevitable in my opinion, and it might be revolutionary in a way that the globalists cannot take control of. Imagine a global net-based anonymous gold-backed economy in which a free-market is completely unrestrained and anyone can sell to anyone else without restriction. This would be a positive thing beyond comprehension.


What do you think?

[Roxi]

i plead the 5th :D

[LibertyEagle]

My understanding has always been that we do not want to convert to do away with cash and go totally digital. Because if we do that, the government can track every single thing we purchase.

[BillyBeer]

My understanding has always been that we do not want to convert to do away with cash and go totally digital. Because if we do that, the government can track every single thing we purchase.

Word. You need some anonymity, what with Negropontes super computer that can track all credit card purchases in America.

[fluoridatedbrainsoup]

I just love coinage - my dad's givin me a kugerand (sp) for my bday - gonna wear it around my neck, and keep paul coppers in my pocket.

Another cool thing - if you hate fiat but find it is necessary... ask the bank to give you 2 dollar bills when cashing your checks - this is also good for when you want to leave a tip - you just convert them to "Who is Ron Paul?" Liberty notes, and people treasure them because they are so unused to seeing Jeffersons.

[ecliptic]

My understanding has always been that we do not want to convert to do away with cash and go totally digital. Because if we do that, the government can track every single thing we purchase.

That was my belief as well, but having read about eCache ( and other attempts ) a little I'm starting to think that { given a truly free and unrestrained internet - which we do not have at this point and it's going the other way towards total surveillance (http://www.wired.com/science/discoveries/news/2006/04/70619) } this could be a revolution that is beyond anything we can possibly imagine. If Ron Paul were president something like this could be a real breakthrough in defeating global corporate fascism.

What if anyone could sell almost anything to anyone else?

Now that is what I call freedom!


What we'll need:

• an internet free of government surveillance, taxes, restrictions, or regulation
• a package delivery infrastructure that is far less privacy-intrusive
• non-interference with alternative currency

Tall order, but so is getting Ron Paul elected president of the United States....

We Can Do It!!!!

[Spirit of '76]

Another cool thing - if you hate fiat but find it is necessary... ask the bank to give you 2 dollar bills when cashing your checks - this is also good for when you want to leave a tip - you just convert them to "Who is Ron Paul?" Liberty notes, and people treasure them because they are so unused to seeing Jeffersons.


Neat idea! I'm going to start doing that.

[LibertyEagle]

ecliptic:

Well, until that time, I think we need to stay away from digital cash. To do otherwise, is just falling into their plans, IMO.

[Ninja Homer]

Digital cash is fine. The world already runs on it for the most part. Being anonymous is a big step up because it can't be traced by organizations such as the IRS. The problem with most of these services, however, is that they are still based on fiat money, and have the same problems as the US dollar.

For anonymous digital cash to work, it has to be based on something with intrinsic value like gold or silver. Also, the company you get your anonymous digital cash from must have it 100% backed up with gold or silver in their vault, and must not lend out your gold or silver to other people and then make money from the interest on your gold or silver.

Personally, I'd recommend eLibertyDollar (https://www.libertydollar.org/elibertydollars/learn_more.html), although I don't know how anonymous it is (I know you have to give them your info, but I don't know if that is ever passed along to anybody else). Let me give you an example of why I like Liberty Dollar:

If you had $1000 in Liberty Dollars before 2005, you would have had 100 ounces of silver. On November 24th, 2005, it moved from their standard of $10/ounce to $20/ounce. So now your 100 ounces of silver Liberty Dollars is worth $2000. You still have 100 ounces of silver, and that silver didn't change in value. What happened is the US dollar depreciated. If depreciation of the US dollar continues, eventually the Liberty Dollar will move to a $50/ounce base so your $1000 would be $5000, and then a $100/ounce base so it would be $10000. It maintains its purchasing power.

For a much better, in depth explanation on the importance of a gold and/or silver backed currency, watch "The Money Masters (http://video.google.com/videoplay?docid=-515319560256183936)".

[tsoldrin]

Is this some scam capitalizing on the popularity of Ron Paul? I've seen this EVERYWHERE - it's in a comment on every single Ron Paul article on digg and every blog post that allows comments that has come through my feed reader. What's going on?

[torchbearer]

donate money to campaign before buying these coins.

[Bryan]

Is this some scam capitalizing on the popularity of Ron Paul? I've seen this EVERYWHERE - it's in a comment on every single Ron Paul article on digg and every blog post that allows comments that has come through my feed reader. What's going on?
Not a scam- the Liberty Dollars have been around for a good while and have been philosophically aligned with Dr. Paul's positions of non-fiat currency. There couldn't have been a better fit for this, not that everyone is going to drop a grand for a gold coin.

[GreyBlood]

For a much better, in depth explanation on the importance of a gold and/or silver backed currency, watch "The Money Masters (http://video.google.com/videoplay?docid=-515319560256183936)".

Bill Stills, the guy in the video, supports fiat currency. :( otherwise great film.



donate money to campaign before buying these coins.


Better yet, donate, with these coins! Mu Ha Ha Ha Ha!!

[specsaregood]

//

[Shii]

Not a scam- the Liberty Dollars have been around for a good while and have been philosophically aligned with Dr. Paul's positions of non-fiat currency. There couldn't have been a better fit for this, not that everyone is going to drop a grand for a gold coin.
It is a scam in another sense, though. They make it sound like the proceeds will be donated to Ron Paul's campaign ("Make a donation. Buy a Dollar."), but they clearly won't be. They also explain that Ron Paul doesn't know anything about this and they didn't ask him whether to go ahead with it beforehand. They are trying to milk people of up to $1000 out of the belief that the money will be forwarded to the campaign, but really it will wind up in the Liberty Dollar corporation's coffers.

This corporation may have a libertarian purpose, and Ron Paul probably supports their continued existence, but that doesn't mean that they are any better than the company that sells you commemorative 9/11 dollars made of silver (http://www.consumeraffairs.com/news04/ny_coin.html).

http://bbs.shii.org/bb/files/freedomtower.jpg

[Bryan]

It is a scam in another sense, though. They make it sound like the proceeds will be donated to Ron Paul's campaign ("Make a donation. Buy a Dollar."), but they clearly won't be. They also explain that Ron Paul doesn't know anything about this and they didn't ask him whether to go ahead with it beforehand. They are trying to milk people of up to $1000 out of the belief that the money will be forwarded to the campaign, but really it will wind up in the Liberty Dollar corporation's coffers.

The main page isn't very clear but the PDF does say that the first $2,300 in profit would go to his campaign, the max allowed by the law.
http://www.libertydollar.org/ronpauldollar/rpr_schedule.pdf
"Under advice of counsel, the first $2,300 profit from Ron Paul Dollars will be donated to his Presidential campaign."

So buy early. :) Anything beyond that is unknown but one could consider it a donation to their legal fund to fight off the tyranny of the US Mint and their inability to read the US Constitution. A worthy cause for a worth origination:

"this lawsuit is no small matter. Nor is the cost. Initially estimated at $100,000 - we simply have no idea what the actual total cost will be. But it is not cheap to sue the US government that makes their money out of thin air and pays their attorneys with your income tax dollars. You want to change things? Then help us change the money."
http://www.libertydollar.org/ld/legal/ldf.htm

[SeekLiberty]

Wow. This is amazing. I think everyone should order 100 coppers at least. Imagine people's reaction.

I'm not sure if we can make purchases with these, but you can give tips with them. It's certainly an interesting conversation piece. But.. we can't buy goods with these, right?

I've been a Liberty Dollar representative a long time. It's one of the most valid, private currencies available. It's a GREAT idea who's time has come. If we all switched to this as a medium exchange, inflation will be solved. No more inflation, inflation tax or devaluation of curency!

Here's a detailed answer:

http://www.libertydollar.org/ld/spend-liberty-dollars/howtospend.htm

How to use the Liberty Dollar

Are you having fun with the Liberty Dollar? Thousands of people just like you have discovered the solution to understanding money and are using the Liberty Dollar. And you can to! Here are a few tips to help you use the new currency successfully.

1. Read the Success Stories about how other Americans are using the new currency.

2. Education is an important part of using the Liberty Dollar. Please read all materials included in the kit you received as well as review all content on our website. Most people do not understand how money works. The merchant you are about to use the Liberty Dollar with must know that the Liberty Dollar is private, non-government currency; so it cannot be deposited in a bank. It is not 'legal tender', a 'coin', or United states government money like Federal Reserve Notes (FRNs).

3. Although prudence would seem to indicate that people would refuse a currency they've never seen, this is simply not the case. After thousands of transactions, the Liberty Dollar is readily accepted most of the time. It is meant to be circulated voluntarily as barter, accumulated and collected.

4. Simply offer The Liberty Dollar with the confidence that it will be accepted. After all, why wouldn't it? When you offer the American Express Card, if it is not accepted, they tell you. Likewise, if the store does not accept Liberty Dollars, the cashier will tell you and you can simply pay another way.

5. "Do the Drop!" The best way to introduce the Liberty Dollar is to drop the Silver Liberty in someone's hand. Do not hand it to the cashier, Drop it! Hold a one-ounce Silver Liberty a couple inches above the outreached palm and drop it so it lands flat in the person's palm.

6. Now the hardest part - don't say anything! Just wait. Let the person marvel at its beauty, weight, and discover it says TWENTY DOLLARS. When asked "Is it real?" Answer: "Yes, one ounce of silver PRIVATE currency valued at 20 dollars." Do not rush. Just stand there and wait, patiently. No need to smile. Just wait.

7. After 30 seconds, say, "I have US government legal tender money too [show the cashier FRN cash], but would prefer to pay with silver." If the cashier hands it back immediately, you may ask her to show the currency to the manager, or just pay some other way.

8. Never use a Silver Liberty alone unless the sale is greater than $10 and less than $20. If the total is greater than $20, include the Silver Libertys with FRNs.

9. The Federal Reserve does not require anyone to understand the monetary system to use their currency. In fact, they thrive on the people's ignorance about money. The Liberty Dollar is all about knowing what money is and simply brings choice to the marketplace.

10. Be sure to read lots of Success Stories online that tell how the Liberty Dollar has been actually used in commerce by people, just like you.

11. Email your own Success Story when you have an outstanding experience using the Liberty Dollar. We want to hear from you!

12. REMEMBER: The Liberty Dollar is a PRIVATE inflation proof currency and is NOT United States government currency, 'legal tender' or a 'coin'. Using the Liberty Dollar as barter for products and services at businesses across the country is voluntary."

[specsaregood]

//

[Shii]

The main page isn't very clear but the PDF does say that the first $2,300 in profit would go to his campaign, the max allowed by the law.
http://www.libertydollar.org/ronpauldollar/rhttp://www.libertydollar.org/ronpauldollar/rpr_schedule.pdf
"Under advice of counsel, the first $2,300 profit from Ron Paul Dollars will be donated to his Presidential campaign."

Thanks for finding that. Although it still reads like one of those fake mint press releases, it sounds like they are lending genuine support! Too bad I can't buy an individual copper one-- it would make a good souvenir of this campaign.

[ChrisM]

Are you kidding? Its an ounce of fine silver. At face value it's worth much more than anything our government puts out. If the USD collapsed tomorrow, you'd still have your silver!
Then go get silver! Why do you need a portrait of Ron Paul with a false value-notation on it? I might think this is counterfeiting itself because I don't believe any mint is authorized to give a face value to any coin without US Mint permission.

[iloveronpaul]

I just got mine a few days ago. It is a great way to get people interested in Ron Paul. When people hold the silver coin they get excited, it's cool to watch.

One of my friends asked me to order one for him and other people wanted to know where I got it. If you like coins it's a great way to get Ron Pauls' name out there.

[Givemelibertyor.....]

This is inspiring me to produce a Fred Thompson currency, made out of week old chicken McNuggets coated in epoxy.

[sickmint79]

http://developer10.com/~mike/rpd.jpg

[4Horsemen]

If RP becomes President, those coins skyrocket in value.

[LibertyEagle]

For a much better, in depth explanation on the importance of a gold and/or silver backed currency, watch "The Money Masters (http://video.google.com/videoplay?docid=-515319560256183936)".

It's an interesting video, but it is not philosophically-aligned with Dr. Paul's beliefs. This video put out by the Mises Institute, is.

Money, Banking and the Federal Reserve
http://video.google.com/videoplay?docid=-466210540567002553&q=%22federal+reserve%22&total=1425&start=0&num=10&so=0&type=search&plindex=0

[specsaregood]

http://developer10.com/~mike/rpd.jpg


Nice, that coin looks great. Personally, I think the standard Liberty Dollar coins are very nice looking coins. I just got my confirmation that my Silver Ron Paul coin has shipped, I can't wait for it to arrive.

It is too bad the Copper $1 coins are not getting shipped until November. IIRC, they had to have them minted out of the country to make them cost-effective. As soon as I get those, I plan on adding a $1 Ron Paul coin as part of my tip whenever I go out to eat, deliveries, etc.

[libertarianguy]

test

[Wyurm]

liberty dollar is a rip, buy bullion at market value

lion's share of profits go to liberty dollar, not ron paul's campaign

If people want to buy it, they are welcome to buy it. I am sure NORFED will donate all they are allowed to donate to RP's campaign since they have a very vested interest in seeing RP win.

I myself wont buy them except mabey one for commemorative value. But the problem I have with it is that they print a dollar value on the face.

[noxagol]

They also have a gold 1000 dollar ron paul coin.

[specsaregood]

1. liberty dollar is a rip, buy bullion at market value
2. lion's share of profits go to liberty dollar, not ron paul's campaign


I'm not a Liberty Associate or have anything to do with the organization, but from what I have read up on them:

1. That is because the Liberty Dollar is not meant to be bought as an investment to save; as people intend to do when buying bullion. It is meant to be spent as a private transaction between two people. Similar to bartering, not as REQUIRED LEGAL TENDER. It is meant to be used. The reason it has a $20 for 1oz versus the melt value of the silver (between $11 - 12) is that it encourages circulation. If the value of the silver is more than the stamped face amount; then why would you spend it?

Ever wondered why the US Mint stamps "One Dollar" on the 1oz Silver Eagle coins? When the melt value is between $11-12 and they sell them on their own website for $21.95 http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=14162&langId=-1&parent_category_rn=13738
Could it be to discourage them to be used as legal tender? Who would spend a Silver Dollar when the face value is only $1?

Or the Canadian Mint stamping $5 on their 1oz Silver Maple Leaf?

2. Nobody is arguing that you should buy these coins instead of donating to Ron Paul's campaign. But at the same time; this coin DID get RP some additional press. I think Ron Paul would agree with the Liberty Dollars stated goals which is to promote "alternative currency."

So simply, don't buy these coins if YOU don't want to; but your reasons stated above are no reason to DISCOURAGE purchasing these coins if a Ron Paul supporter wants to.

[libertarianguy]

test

[stu2002]

FEDERAL RESERVE FEARS HONEST CURRENCY

JUSTICE DEPARTMENT LOOKS TO STAMP OUT CONSTITUTIONAL ALTERNATIVES TO THE FED

rss202

By Pat Shannan


Following the Justice Department’s recent announcement that it is “lowering
the boom on alternative money,” the debate over what constitutes real currency in the United States is back in the national spotlight.

The federal government is claiming paying for goods and services with “Liberty Dollars” is a crime.

However, NORFED, the producer of both redeemable currency and 1-ounce silver rounds, called “Liberty Dollars,” for the past eight years disputes this. NORFED has recommended its system as “a boost for people who are looking for an inflation-proof currency to protect their purchasing power.”

U.S. Mint spokeswoman Becky Bailey said, “The [Liberty Dollar] coins share some resemblances to real money, such as the term ‘Trust in God’ instead of ‘In God We Trust’ and the use of a torch in the design. . . [but] we don’t want consumers to be fooled. Such similarities may confuse people into thinking the money is real.”

Supporters of backing currency with gold and silver say the federal government’s verbal attack is nothing more than a hollow threat and but one more effort to move Americans’ attention away from the collapsing paper dollar.

So who is fooling whom? There is enough legal precedent out there which says U.S. currency should be backed by commodities.

Article One, Section 10, of the U. S. Constitution says, “No State shall make any Thing but gold and silver coin a tender in payment of debts.” It has never been repealed.

The Coinage Act of 1792 defined the “dollar” as a measurement of gold and silver—25.5 grains and 412.5 grains respectively, thereby setting the ratio of value at 16 to 1.

In addition, 12 USC 152 says, “The terms ‘lawful money’ and ‘lawful money of the United States’ shall be construed to mean gold and silver coin of the United States.” This is a federal law still on the books.

Yet no coins from the U.S. Mint have contained any silver since 1968. The production of gold coins ceased in 1933 with FDR’s confiscation statutes. The first non-redeemable Federal Reserve Notes were issued in 1963 without the then-familiar clause in the upper left-hand corner:

“This note is legal tender for all debts, public and private, and is redeemable in lawful money at the United States Treasury or any Federal Reserve Bank.” But “lawful money” was defined in 12 USC 152 above. The old redeemable notes circulated together with the new “FRAUDs,” or Federal Reserve Accounting Unit Dollars—so called by monetary realists and Rep. Ron Paul (R-Texas)—for nearly five years until the banks refused to redeem any paper notes for silver after June 24, 1968. Then the bona fide notes were gradually collected by the banks and taken out of circulation.

Silver currently sells for over 10 FRAUDS per ounce. The new “notes,” now a deceptive misnomer, as a “note” by legal definition must be payable in something, claimed to be the entity rather than the receipt for the entity, and the hoax was complete. Now the government could fund itself and not have to depend upon the constitutional “taxes by apportionment.”

After several re-printings and design changes, these are still the same Federal Reserve Notes that Ms. Bailey is proclaiming to be “real money” in 2006.

Can anyone other than a government bureaucrat make such an outlandish statement with a straight face?

“Gasoline does not go up in price,” says NORFED founder Bernard Von NotHaus. “The value of the modern American dollar goes down as the marketplace is flooded with new paper and credit, thereby requiring more for the same hard goods.”

NotHaus added: “We have never issued a ‘coin’ per se, and in no way have attempted to be in competition with any government. Our goal from the beginning [1998] was to replace the fiat currency with lawful money one dollar at a time.”

Reporting on the Liberty Dollar in 2003, national news commentator Paul Harvey wrote:

“What’s new? The Liberty Dollar! Fed Ex competes with the Post Office. So now there’s the Liberty Dollar competing with the greenbacks printed by your government. The Liberty Dollar is backed by gold and silver. Yes, there’s a competitive currency right here in the United States. In five years it has become the second most popular currency in America.”

Today, NORFED claims 10,000 trading associates, (including AFP) with 80 redemption offices around the nation, and 100,000 users of the silver and currency in commerce.

After the silver rounds, as well as paper notes redeemable in silver, had been in national circulation for more than a year, a similar legal question arose in the Seattle area when a newspaper accused the group of fraud, claiming that there were no offices available to redeem NORFED currency. It was quickly quashed.

“It’s not counterfeit money,” said Ron Legan of the Seattle Secret Service office. Legan was speaking about the redeemable notes in 2000 and pointing out that there had been no evidence of “fraud” or even any complaints against NORFED.

Having investigated the matter closely, Legan concluded that the silver certificates were well within the restrictive boundaries of the U.S. monetary guidelines.

“There is no law that says goods and services must be paid for with Federal Reserve notes,” says Andrew Williams, spokesman for the Federal Reserve. “Parties entering into a transaction can establish any medium of exchange that is agreed upon.”

(Issue #40, October 2, 2006)



Please make a donation to American Free Press



Not Copyrighted. Readers can reprint and are free to redistribute - as long as full credit is given to American Free Press - 645 Pennsylvania Avenue SE, Suite 100 Washington, D.C. 20003

[Scribbler de Stebbing]

Yeah, but silver's only worth $13/ounce, and they want $25 for it. I may consider doing it as a keepsake, but it is not a good investment at this price.

[JoshLowry]

Yeah, but silver's only worth $13/ounce, and they want $25 for it. I may consider doing it as a keepsake, but it is not a good investment at this price.

I got mine in the mail yesterday! I ordered one and it looks great.

[Ninja Homer]

Yeah, but silver's only worth $13/ounce, and they want $25 for it. I may consider doing it as a keepsake, but it is not a good investment at this price.

It isn't meant to be an investment. It wouldn't necessarily be a bad investment though... it will always be worth at least the metal it's made out of and when Ron Paul is elected as President, these Ron Paul dollars will be sought out by coin collectors. If you're just looking to make an investment in precious metals, bullion is the way to go.

The Liberty Dollar is meant to be an alternative currency to the Fed dollar. So you can exchange some of your Fed dollars for Ron Paul dollars, and use them to trade for goods and services.

Here's a page on how to spend it:
http://www.libertydollar.org/ld/spend-liberty-dollars/howtospend.htm

So while using the Ron Paul dollar, you can spread the message of currency backed by precious metals as well as the message of Ron Paul. If you aren't comfortable with trying to spend the silvers at stores, you could always get some copper Ron Paul dollars and leave them as tips. I'd recommend getting some of their brochures (10 cents each) and leave one with the copper along with a Ron Paul slim jim.

I think it's an easy way to spread Ron Paul's name. If somebody gets a Ron Paul dollar as a tip or whatever, they are going to read the material you gave them to figure out what they can do with it. Then they'll either hang on to it, or pass it along to somebody else.

Here's a nice little video on the Liberty Dollar:
http://youtube.com/watch?v=dflWJlbkdFc