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U.S. Raids Issuer of Ron Paul Coins

Submitted by FM Duck, Nov 19, 2007 21:02

Freedom of speech, freedom of association, freedom of trade, & all other freedoms obtained a priori to the existence of the U.S. Constitution were squashed this week by the Gestapo-like raid of FBI and Secret Service agents as they illegally confiscated the private property of the Liberty Dollars, gold, silver, platinum, mint equipment, and all computer and manual records at Norfed. Pay close attention Americans. FDR stole our parents' gold coins and now they are stealing Norfed's medallions. Better shut your mouth or they will steal your gold crowns.

Was this mainly a political-inspired raid or a monetary raid? Or both?

At its fundamental premises, this is no different than one political party using the govt to break into the offices of the supporters of its political opponents and confiscate all their campaign literature. The fact that the literature was written on heavy metal does not change the argument. It is patently unconstitutional and if the holders of Liberty Dollar I.O.U.s do not sue the government and make a big stink about it, then you deserve to live in chains.

Note that if gold and silver have no value as money in today's Quantitative Economics and the Federal Reserve claims it is not suitable for circulation as U.S. money, then why are they afraid of the Liberty Dollar? This is the first time I have witnessed in my lifetime a government complaining that gold and silver coins, the Liberty Dollar, are unfairly circulating against the government's Cupro-Nickel coins or that a private warehouse issues mercantile receipts 100% redeemable for the goods, the gold or silver. This is backwards reasoning and should tell you something. All Americans should be complaining the other way around: i.e., Cupro-nickel coins circulating as debased currency, pretending to obtain value by virtue of being stamped at a U.S. Mint. Same for U.S. Fed Reserve Notes which are printed at 3-cents per bill no matter what the denomination and not backed by anything except hot air. Historical revolutions have been fought over less.

If Americans want to really participate in real U.S. Money, log onto the U.S. Mint Web Site or run down to your nearest coin shop and buy as many gold and silver bullion coins you can afford. The U.S. Mint has been minting American Eagle bullion sets -- not just proof coins, but bullion coins at nearly spot price -- and Buffalo 1 troy oz gold bullion coins since 1986 and they ARE legal tender. Go do it. Empty the vaults at the Federal Reserve.

FM Duck at www.FreeMarketDuck.com

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Other reader comments on this article

Comment	By	Date
Has Mr. von NotHaus reported this burglary to his local sheriff or police? These coins are curios and are not represented... [MORE]	Mark	Jan 10, 2008 09:05
Hearing about the raid on the national fulfillment office of the Liberty Dollar didn't put me in the fit of... [MORE]	Vinyasi	Nov 25, 2007 18:21
Freedom of speech, freedom of association, freedom of trade, & all other freedoms obtained a priori to the existence of...	FM Duck	Nov 19, 2007 21:02
Have you searched for "ron paul" on eBay and seen what's happening to the value of those coins now? [MORE]	Loddie	Nov 19, 2007 12:04
These people have no rights to form gold, silver, or copper into medallions that the government doesn't approve of. Money... [MORE]	Erin D.	Nov 18, 2007 14:58
Erin D...............your totally wrong..............you mean you do not have to right to barter with anything you want to. NOTE: the... [MORE]	Robert B	Nov 30, 2007 16:01
Barter is as old as man. These coins are simply a tool for barter. Can you trade something you have... [MORE]	Joshua	Jan 17, 2008 00:17
What law was broken? Presidential candidate Ron Paul has addressed this issue, and it would reflect well upon the paper to... [MORE]	Bentley Conlon	Jan 26, 2008 10:04
What law was broken? Presidential candidate Ron Paul has addressed this issue, and it would reflect well upon the paper to... [MORE]	Bentley Conlon	Jan 26, 2008 23:40
Wait minute... Didn't Bush say in his 2000 campaign that he was cutting taxes because he believed that money belongs... [MORE]	Bierce	Nov 17, 2007 23:30
What is the difference between these coins and Franklin Mint products? I would have enjoyed owning one of the Paul... [MORE]	Nancy Edwards	Nov 17, 2007 20:32
A coin isn't "counterfeit" if it doesn't resemble US currency, isn't marked as such, and can't be mistaken for such.... [MORE]	Pyre	Nov 17, 2007 15:50
I'm sure you know by now that Dr. Ron Paul is a physician. [MORE]	Paul David: Blakeley	Nov 17, 2007 12:03
Kudos to the New York Sun and Joseph Goldstein for excellent coverage of this issue. I would never have expected... [MORE]	Jeffrey A. Bell	Nov 17, 2007 11:45
These products in no way try to imply it is US government funds nor representative of the US government. They... [MORE]	Robert G	Nov 17, 2007 08:32
Who really benefits by this illegal action taken against the Liberty Dollar? I personally don't think it's the Federal Reserve.... [MORE]	Jim Barlucci	Nov 17, 2007 08:12
Congressman Paul's representative has said several times that the Paul campaign had nothing to do with it. It is quoted... [MORE]	Blue	Nov 17, 2007 02:09
Did the USA become one big Nazi prisoner camp or something?. [MORE]	from Canada	Nov 17, 2007 01:28
Since the Feds have declared war on the Ron Paul dollar, maybe Ron Paul supporters should declare war on the... [MORE]	mketcher	Nov 17, 2007 01:15
Just tell me, how can this be illegal? There are many business operating with fake currency. One is Second Life,... [MORE]	John	Nov 17, 2007 00:33
I smell fascism around the corner (if it's not here already) [MORE]	Tom	Nov 17, 2007 00:25
If I choose to enter into a private transaction with another citizen to purchase something called he calls a Liberty... [MORE]	Tim	Nov 17, 2007 00:19
The "Federal Reserve" is about as federal as "Federal Express". Our economy has been eviscerated, poured out in the sands... [MORE]	Andrew P	Nov 16, 2007 23:15
The FED is running scared, Bernanke was just in Congress, like yesterday, ALL OF A SUDDEN talking about "greater transparency"... [MORE]	bruce	Nov 16, 2007 23:06
That was a poor attempt to deride the Dr. Paul train. Have you ever seen an infomercial selling coins? If... [MORE]	David Monk	Nov 16, 2007 20:38
The term "dollar was, if I am not mistaken, taken from the original Spanish currency of colonial times that was,... [MORE]	Peter	Nov 16, 2007 19:17
Mr. Von NotHaus a real american hero! thank you for the sacrifice. Mr. John F. Kennedy (who also supported a... [MORE]	Neil	Nov 16, 2007 17:30
Such a silly thing for the Government to get in a panic over. Just like the tokens we buy at... [MORE]	Tim	Nov 16, 2007 17:02
As far as I know does the U.S. Mint also produce a bunch of collectors "dollar coins" without putting anything... [MORE]	Carsten Cumbrowski	Nov 19, 2007 13:45
Love it. Government policies suck, whether micro (meddling judicial fiat "family" jury-less "courts" and welfare spending) or macro (policing the... [MORE]	Mr. Incredible	Nov 16, 2007 16:55
Globalization in a free market with constant variable liquidity creates unforeseeable risk in holding any one single currency; for this... [MORE]	doug k	Nov 18, 2007 05:17
Paul's campaign said it had not authorized production of the Ron Paul dollars. "We were aware they existed, but we didn't... [MORE]	chris lawton	Nov 16, 2007 16:42
While your at it - arrest the printers of the fiat US currency if you really want some justice. [MORE]	patrick miller	Nov 16, 2007 16:24
Government bureacrats are always looking for ways to expand methods of taxation and control. They do this through licensure and... [MORE]	B Reyes	Nov 16, 2007 15:44
If you review the history of governments issuing fiat currency they all ended in disaster: namely paper notes and broken... [MORE]	D. Liam Moss	Nov 16, 2007 15:18
Ron Paul dollars are a threat to the money supply? Don't kid's games come with copper coins? A stupid copper... [MORE]	Sarge	Nov 16, 2007 15:11
I noticed that an earlier editorial from the NY Sun that backed Dr. Paul's position regarding the Federal Reserves lack... [MORE]	Just Another American	Nov 16, 2007 14:59
Agents participating in the raid stated that the currency had been ¨deemed illegal by the US Mint¨. But the treasury... [MORE]	wavyhill	Nov 16, 2007 14:52
1) Will the feds raid Walt Disney and McDonald's for their Disney dollars and McDonald's coupons? 2) How does Article 1,... [MORE]	James Madison	Nov 16, 2007 19:25
If this is the government's case it looks like the fed will be writing a check for their "funny money... [MORE]	Smitty	Nov 16, 2007 14:33
It is not clear to me what using Liberty Dollars "as circulating money" is. I have heard of some folks... [MORE]	Thomas	Nov 16, 2007 14:22
Approx. 3 years ago the Arab Nations authorized the minting (after a 70 year absence) of the gold Dinar. They... [MORE]	Paul W. Caudell	Nov 18, 2007 09:37
The American dollar is worth roughly 4 CENTS compared to its 1913 counterpart. This is what the Federal Reserve has... [MORE]	stuttle	Nov 16, 2007 14:20
I believe that in addition to trying to maintain the "monopoly" of the Federal Reserve system, the government has taken... [MORE]	Benjamin Huggins	Nov 16, 2007 14:19
The Federal Government has taken over. Bobby Bonds goes to prison? Ron Paul speaks the truth. I carried his sign... [MORE]	Mark Robinson	Nov 16, 2007 13:58
Jeff Russell is probably right that the coins should not bear the term dollar under current law. But a case... [MORE]	Paul Grad	Nov 16, 2007 13:49
Tax reform will work on our oppressive government and is a huge issue that hungry non registered voters will elect... [MORE]	James Russell	Nov 18, 2007 16:16
Having read many articles on this FBI Raid, I wanted to thank you for reporting the facts as they actually... [MORE]	Heather Lewis	Nov 16, 2007 12:53
"His Liberty Dollars . . . have proven a better investment in recent years than government issued notes." Funny you'd mention... [MORE]	Klutometis	Nov 16, 2007 12:48
o my god! the smell/stench of watergate is flowing again from wash.d.c. to the breadbasket. what is the reason for this... [MORE]	citizen lacking information	Nov 16, 2007 12:34
Ron Paul is a very intelligent and experienced individual with a bigger picture. We say we want change but we... [MORE]	Tim	Nov 16, 2007 12:28
By this action the government is signaling that two persons entering into a business contract are not allowed to choose... [MORE]	Dennis	Nov 16, 2007 12:20
The IRS has given the organization in question a letter of permission. [MORE]	James	Nov 16, 2007 12:05
If the constitution say we can use gold and silver as legal tender then who is breaking the law?? [MORE]	LibertyNow	Nov 16, 2007 12:01
Please refer to him as Dr. Paul, not Mr. Paul. [MORE]	Liz C	Nov 16, 2007 11:57
It iseems to be getting to the point that the corruption is so great in the government that the agents... [MORE]	CarefulChristine	Nov 16, 2007 11:28
CMKX DIAMONDS NAKED SHORTED TO THE TUNE OF OVER 703 BILLION SHARES, SEC DENIED NAKED SHORTING . DTCC DENIED NAKED... [MORE]	ZEUS_IS_HERE	Nov 16, 2007 11:15
First I'd like to compliment the writer for a well-rounded article. Events like this MUST scare all Americans. If the Liberty... [MORE]	Daniel	Nov 16, 2007 11:08
The enforcement action in Indiana against the Liberty Dollar is just the government enforcing its trademark. The U.S. Supreme court... [MORE]	Joe Cobb	Nov 16, 2007 10:58
The right to trade and barter in commerce is same as free expression. I see no defense the federal government... [MORE]	Ron	Nov 16, 2007 10:57
no doubt the new americans will at all cost to deter Dr Ron Paul. even it the debates the mainsteam... [MORE]	excellent support	Nov 16, 2007 10:17
Silly Ron Paul suporters...don't they realize the only "funny money" allowed is that which is printed by the Federal... [MORE]	Bob C	Nov 16, 2007 10:16
Good article but Paul is an MD, and should be called Dr. Paul, not Mr. Paul [MORE]	Brandon Yates	Nov 16, 2007 10:12
"The raid has the potential to alter the campaign of Mr. Paul, the Republican candidate of Texas...." Ignorant, wishful thinking by... [MORE]	John Reading	Nov 16, 2007 10:05
Fact is stranger than fiction. Just when you think you have heard all the strange stories in politics, Here comes... [MORE]	marti	Nov 16, 2007 10:03
Silly Ron Paul supporters...don't they realize the only "funny money" allowed is the kind the Federal Reserve prints up? It's... [MORE]	Bob C	Nov 16, 2007 10:02
Silly Ron Paul supporters...don't they realize the only "funny money" allowed is the kind the Federal Reserve prints up? It's... [MORE]	Bob C	Nov 16, 2007 10:02
It's a question of opinion, but if he wanted to be on the safe side, he should have stamped "NOT... [MORE]	FAZSHA	Nov 16, 2007 09:59
This is another freedom the Feds are taking from its citizens. The right to exchange one currency for a competing... [MORE]	Tim	Nov 17, 2007 21:18
Liberty Dollars are a "barter currency." They were to be spent into circulation, however, they were never to be presented... [MORE]	Tommy	Nov 24, 2007 10:06
The US seems to be turning into a third world country like Argentina. Argentina had debased its currency because of... [MORE]	Wermer Hetzner	Nov 16, 2007 09:53
This story is not just about the government feeling threatened by people's loss of faith in the currency. It goes... [MORE]	Estelle Edwards	Nov 16, 2007 09:50
Its a real shame to see this kind of activity by the government. So...waterboarding is legal but a silver barter... [MORE]	Mark Herpel	Nov 16, 2007 09:29
This seems like a cheap shot at Dr. Paul. [MORE]	gregdn	Nov 16, 2007 09:14
This is tyranny, pure and simple. The Fed has awakened a sleeping giant. Soon all will see and understand their... [MORE]	Jeremy	Nov 16, 2007 08:32
I'm having problems figuring out how these things are illegal. If they are, using the same logic, wouldn't that make... [MORE]	Charlie	Nov 16, 2007 08:25
Is the government kidding? I would like to see the charges and the reason for the raid. The article is... [MORE]	Dwayne Schmidt	Nov 16, 2007 07:31
Yet another display of misused resources by our government. I mean honestly who cares if someone is printing fake commemorative... [MORE]	Danielle Reed	Nov 16, 2007 07:24
recently I traded a two year old ADGA Registered nubian dairy goat for some future milk production from her and... [MORE]	EARL	Nov 16, 2007 07:22
Seems to me that if the reason for the raid and confiscation was because it was "illegal" then they better... [MORE]	joe	Nov 16, 2007 06:59
I personally lost a 3,500 dollar order with Liberty yesterday and I signed the class action suit. I wish now... [MORE]	cspanjunkie	Nov 16, 2007 06:30
How does this have any ability to alter Ron Paul's campaign? [MORE]	DFW	Nov 16, 2007 05:58
Boy, I believe that the government is going to get sued big-time! I do believe that the US Constitution specifically... [MORE]	Steve Grycel	Nov 16, 2007 05:13
On its face this sure makes the federal government look like a bunch of monopolistic thugs who seek to stamp... [MORE]	Sean	Nov 16, 2007 03:29
Yes we know the purpose of this raid. It was to punish and discredit the only candidate who understands how... [MORE]	NH	Nov 16, 2007 03:18
The use of Fed Dollars is nothing more than a clever deception. They have illegally made something from nothing and... [MORE]	Ron	Jan 19, 2008 02:16
Is the the first official act of Attorney General Mukasey? Will his second act to be an official endorsement of... [MORE]	Gene	Nov 16, 2007 02:55
Ron Paul has stormed into the "top tier"... http://truthalert.net/Republican%20Presidential%20Candidate%20Rankings.htm [MORE]	Mike	Nov 16, 2007 02:05
I love it. This will be great for Paul's campaign. Couldn't have been more perfect. Paul will got lots of... [MORE]	Darren	Nov 16, 2007 01:59
Mr. Goldstein, you are incorrect in saying that our currency are notes of the government and not private banks. It's... [MORE]	Subir Grewal	Nov 16, 2007 01:34
Sorry but it is really irritating when I forget to save what I have typed and there is an error... [MORE]	Stevie	Nov 16, 2007 01:15
Interesting use of language, is it not? When a common thief takes something that belongs to someone else, it is... [MORE]	paul arnold	Nov 16, 2007 01:10
this is really sad, the FBI has no reason to raid them. [MORE]	ryan from philadelphia	Nov 16, 2007 00:57
There is no reason this raid should have any impact at all on Ron Paul's campaign. He has nothing to... [MORE]	Elizabeth Bernard	Nov 16, 2007 00:56
Like Dr. Paul says the FRS Banks a.k.a. the U.S. government doesn't like competition. Strong arm tactics, this is obviously... [MORE]	david	Nov 16, 2007 00:53
As a mom who met Ron Paul on his Parental Informed Consent Bill of 2007 in DC, I believe that... [MORE]	sheila	Nov 16, 2007 00:50
How is this not hypocritical? I have seen many collectible coins on ebay that bear the likenesses of everything under... [MORE]	TJ	Nov 16, 2007 00:43
Personally, I could not care less if people are trading bananas for apples. So, why does the government care? Doesn't... [MORE]	Scott Harmon	Nov 16, 2007 00:28
I can not believe this could happen. The constitution calls for competition in the currency just like we have competition... [MORE]	Justin Klingler	Nov 16, 2007 00:27
Thank you New York Sun for reporting on such issues. It's not often I get to see very important news... [MORE]	Brent	Nov 16, 2007 00:24
What about the World Trade Center dollar? or the Liberty Eagle? These coins are collectible coins, and not currency. Why... [MORE]	Robert Werden	Nov 16, 2007 00:23
I do not understand how a coin can be illegal. It is clearly not a unit of US currency, and... [MORE]	Iconoclast421	Nov 16, 2007 00:03
Are we living in the Soviet Union? This story is rather disturbing to me. Isn't this a free country? What... [MORE]	Brent	Nov 16, 2007 00:01
Just the fact that this was done on the day of the Democratic debate, the powers that be knew that... [MORE]	Ed Faulter	Nov 15, 2007 23:53
People need to ask themselves: Why now? This company has been in business for 9 years, doing pretty much the... [MORE]	Rolland	Nov 15, 2007 23:47