Saturday, November 17, 2007

Liberty Dollar raid

Update: This piece on the front page of the Washington Post is the best article to date on the Liberty Dollar Raid. Very objective in dealing with this issue.

------------ Previously:
Here's one of the better articles regarding Thursday's raid on the makers of the Liberty Dollar.
Authorities have attacked such alternatives as counterfeiting, while supporters of such bartering tool attack the Federal Reserve Notes as fakes.

That opinion was shared by Lance Haverkamp, who joined in a forum at the Courier-Press newspaper on the issue.

"Do you realize how stupid it is to say the green stuff is 'real' and the gold & silver is 'fake'… You must work for the government!" he wrote.

The organization explained its position like this:

"It's incredible how few people know the facts about the Federal Reserve. The organization chaired by Ben Bernanke is not 'Federal' – it is instead a cabal of private and international banks that does not answer to the United States government. And while there is some precious metal stored in Fort Knox, it doesn't back the debt based 'fiat' U.S. dollar that they issue, because nothing backs it except your trust in the system! Even a casual look at the Fed's history leads one to wonder how an institution that profits mightily from its own policies of victimizing Americans has maintained control over the money of the wealthiest nation on Earth. For those who have made a serious inquiry, the Federal Reserve is shadowed in deceptive origins and fraudulent policies."

Its alternative is a series of coins made of precious metals that can be exchanged for an assigned dollar amount. Over its history, the company has produced the California Bear, Chambersburg Dollar, Evansville Dollar, Hawaii Dala, Peace Dollar and the new Ron Paul Dollar, among others.


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