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Government Moves To Keep $3m In Liberty Dollars

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eaglefoot's Avatar
United States
6326 Posts
 Posted 07/07/2008  08:35 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
My Dad has a bunch of Franklin Mint Proof 99.999% Silver Rounds......Presidents.....States.....other stuff......(I tried to tell him these are only worth the spot price of Silver !...but now...hmmm)
I'm going to start using those as "currency" then.....EVERYTHING should be allowed if these Liberty Dollars are allowed as currency !
In fact.....I might melt down a few of my "junk silver" coins and make a few coins that have a picture of me on them !.....Yeah !.......and then I'll put my girlfriends dog "Doowey" on some silver dollars too!.......
I might start making my own "paper money" too.......this will represent my "Doowey Dollars" or their value in Silver which can be cashed in for silver anytime you want at my house (the Doowey Dollar Bank).
SO.......ATTENTION ALL CCF MEMBERS.......PUT YOUR ORDERS IN NOW FOR "DOOWEY DOLLARS" !........
I expect them to sell fast !
(p.s......"Doowey" is a 5 year old Jack Russell Terrier)......and he's pleased that he's going to be on a Nationally commerced Silver Dollar.......
pps...
I will be getting in touch with the good folks at the Home Shopping Network to help distribute my Doowey Dollars.......there and ONLY there will you have the opportunity for "First Strike" Doowey Dollars !
AND I will have "gold plated" Doowey Dollars and "Platinum Plated" Doowey Dollars........specially made for the enjoyment for those who appreciate a beautiful coin!
Also....I will invent a new grading company for coins....and each coin will be "slabbed and graded" if you wish.....only from HSN !
Minting will begin within the month my friends !

Or wait.........maybe I should wait until I hear how the "court case" turns out with the Government and the Liberty Dollar people BEFORE I begin minting and selling my "Doowey Dollar" as a competing currency against the American Dollar........hmmmmmm
Edited by eaglefoot
07/07/2008 10:52 am
Valued Member
United States
201 Posts
 Posted 07/07/2008  11:59 am  Show Profile   Bookmark this reply Add Steamwalker to your friends list Get a Link to this Reply
Maybe they will melt them down to make silver & gold eagles. I'd pay a premium for those.
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Metalman's Avatar
United States
7123 Posts
 Posted 07/07/2008  1:52 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
you know this country used to run on silver and gold and dust was just as legal as coins or bars or shavings from the side of a bar or coin.


I would think that the best the Gov could hope for is the conviction of those who may have mis used the coins not the coin makers , beyond that would be the same as making the auto industry responsible for supplying get away vehicles to bank robbers .

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Wiz's Avatar
United States
5 Posts
 Posted 07/07/2008  2:10 pm  Show Profile   Bookmark this reply Add Wiz to your friends list Get a Link to this Reply
Interesting thread....Do these coins have any value other than for spot bullion value?
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snowman's Avatar
United States
1840 Posts
 Posted 07/07/2008  5:56 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply

Quote:
I would think that the best the Gov could hope for is the conviction of those who may have mis used the coins not the coin makers


I'm not sure that the coins were the real issue. I think that the government was more concerned with the "eLiberty dollars" and paper Liberty Dollars that NORFED was issuing:

http://www.libertydollar.org/press-...20_base.html

Don't forget to read the fine print!
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jbuck's Avatar
United States
189502 Posts
 Posted 07/07/2008  6:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I think that the government was more concerned with the "eLiberty dollars" and paper Liberty Dollars that NORFED was issuing
IIRC, there was also an accusation of this being a MLM scheme. Were they accused of selling more electronic and paper Liberty Dollars than they had in actual bullion?

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huntercav's Avatar
United States
44 Posts
 Posted 07/14/2008  1:44 pm  Show Profile   Bookmark this reply Add huntercav to your friends list Get a Link to this Reply
The concept of an alternative barter system is nothing new in the US or most other places in the world. To this day there are other alternative system still in use in the US and not being investigated by the feds.

Liberty Dollars got a reaction from the feds because they went so far as to offer an alternative form of currency. The prospect of an alternative, particularly one based upon the intrinsic value of the precious metal content of the coinage is a direct threat to the illusion the central banks of the world have spent generations working to create.

Fiat dollars can not stack up against a coin with an actual backing of gold or silver, whether by content of the coinage or in a dedicated reserve. The gov't. knows this. They just hope Joe and Jane Six Pack never figures this out. That would be an "The Emperor has no Clothes" moment for both the gov't. and the populace.



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coindexter's Avatar
United States
869 Posts
 Posted 07/14/2008  2:14 pm  Show Profile   Bookmark this reply Add coindexter to your friends list Get a Link to this Reply
I guess these are safe to have? They don't say dollar on them. Just liberty.

Image: Government-Moves-To-Keep-$3m-In-Liberty-Dollars coin.jpg
87.12 KB
Edited by coindexter
07/14/2008 2:16 pm
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ratio411's Avatar
United States
1208 Posts
 Posted 07/16/2008  9:51 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
Huntercav is dead on.
The jack-boot thugs saw an opportunity to take a huge
holding of valuable bullion and seized it. I bet there
were were federal agents filling their pockets behind
the vault doors too! Remember that we live where the
government requires us to work an average of 197 days
a year to pay them! Today was the first day of the year
that the average citizen gets to keep what he earned!

Last time I checked, there was an amendment (16th?) to the
Constitution that prohibited slavery... yet we toil 197
days a year without pay.

It doesn't matter what a coin says on it, as long as it
doesn't counterfeit a legal tender coin... and then the
end user can't portray it as legal tender.
They can call it a dollar all they want. The U.S. doesn't
have a copyright on that term, nor does any other country
that uses a dollar denomination.

They saw a threat to bank domination and a chance to line
their pockets.
Edited by ratio411
07/16/2008 9:52 pm
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 07/16/2008  10:13 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
Puh-leaze. If there were no intent either to deceive or to create a competing form of currency, then there would be no reason to call these 'dollars' or to mimic the designs of US coinage. No one has ever stopped me from using precious metals (or chickens or landscaping services, etc.) in exchange for other goods and/or services. But if I were to privately start minting 'dollars' I would expect the 'jack-boot thugs' to beat my door down.

As far as your slight of Federal agents, I'm no fan of the Feds either, but I think they take their jobs a little more seriously than you seem to believe in your conspiracy-addicted worldview.

Also, the notion that you receive nothing in exchange for your taxes is prima facie ludicrious. While you may not receive what you think you should, and having to service our national debt is a pain in the you-know-what, the fact is that tax money is distributed to your roads, your family's health care, etc. You can disagree with the spending and the country's priorities, but please don't trivialize the incredibly horrific institution of slavery by comparing it to paying taxes from being gainfully employed in an affluent society.
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Topher's Avatar
Canada
965 Posts
 Posted 07/16/2008  10:22 pm  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply

Quote:
that tax money is distributed to your roads, your family's health care, etc.


Not to change the topic, but I never had health care in the US. I pay similar taxes in Canada and I don't get a bill when I see the doctor. We have our own problems, but we have health care. There is a HUGE difference.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 07/16/2008  11:21 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
I agree, but I said 'your family's'. I'd imagine there are very few families that don't have a member receiving health care funded in whole or in part, by the government. As I'm sure you know, my point was not to debate the merits of a single-payer health care system, but to point out one destination of government spending.

It's conveniently mythical to demonize taxation as somehow against the uniquely 'American' spirit. Maybe it's best to recall that one major economic argument for a democratic Republic was not the abolition of taxes, but the notion that the taxpayers were best suited to determine the amount and use of tax revenues. While it's very chic and catchy to trot out the "all taxes are evil" argument, the country we live in was formed to allow citizens to elect a representative government empowered in part to levy taxes and distribute the funds.

Nobody's stopping anybody from trying to change their representation, but those who think that all taxes are in and of themselves bad, need to read, and try to understand the following:


Quote:
We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.
.

I've never felt for one minute that justice, tranquility, defense, welfare, and liberty aren't worth paying for. We can argue over how broadly the terms should be interpreted, and how much they should ultimately cost, but I feel it's my civic and patriotic duty to pay my taxes and to vote for the representation I feel would best steward my contribution in accord with the principles on which our nation was founded.
Edited by halfabustisbetter
07/16/2008 11:22 pm
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Topher's Avatar
Canada
965 Posts
 Posted 07/17/2008  10:28 am  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply

Quote:
I agree, but I said 'your family's'. I'd imagine there are very few families that don't have a member receiving health care funded in whole or in part, by the government. As I'm sure you know, my point was not to debate the merits of a single-payer health care system, but to point out one destination of government spending.

I should have been clearer. No member of my family (parents, sisters, aunts, uncles, grandparents, wife, kids, etc.) has ever received healthcare at the expense of the US government. Even before then, as a healthy male, straight out of university, I was charged $250/mo. for health insurance. Needless to say, I took a gamble that I wouldn't get seriously ill (since I was laready in good health), and I saved myself $6000/yr, minus some over the counter allergy medication costs.

I agree with you, I have no problem paying taxes, provided that I get something back for them, whether it be healthcare, improved roads, good schools, etc. I've gotten more from the Canadian and Ontaio government in 6 years than I got from the US government in three decades. Don't get me wrong, both governments still waste a lot of money, but at least here, I don't have to worry about whether or not social security will be around when I need it.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 07/17/2008  11:01 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
No one in your family has ever had care subsidized by Medicare or Medicaid in their whole life?
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Topher's Avatar
Canada
965 Posts
 Posted 07/17/2008  12:50 pm  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply

Quote:
No one in your family has ever had care subsidized by Medicare or Medicaid in their whole life?


Nope. Grew up middle class, so we made too much to qualify. Even as a poor grad student I made too much to qualify. That's why I've always wondered how people could be on Medicare.
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