In Paul They Trust (The Feds May Differ) | Tennessee Valley Talks

Jan55Old Faithful

In Paul They Trust (The Feds May Differ)
By Alec MacGillis
Washington Post Staff Writer
Saturday, November 17, 2007; Page A01
The ardent supporters of Rep. Ron Paul, the iconoclastic Texas libertarian whose campaign for the presidency is threatening to upend the battle for the Republican nomination, got word yesterday of a new source of outrage and motivation: reports of a federal raid on a company that was selling thousands of coins marked with the craggy visage of their hero.
Federal agents on Thursday raided the Evansville, Ind., headquarters of the National Organization for the Repeal of the Federal Reserve Act and Internal Revenue Code (Norfed), an organization of "sound money" advocates that for the past decade has been selling a private currency it calls "Liberty Dollars." The company says it has put into circulation more than $20 million in Liberty Dollars, coins and paper certificates it contends are backed by silver and gold stored in Idaho, are far more reliable than a U.S. dollar and are accepted for use by a nationwide underground economy.
http://www.washingtonpost.com/wp-dyn/content/article/20...67.html?hpid=topnews

"Although it is not true that all conservatives are stupid people... it is true that most stupid people are conservative." John Stuart Mill

11/20/0711:07 AM

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mrbradg 2Hall of Famer

I heard about this. Unreal.

11/20/0711:09 AM

Jan55Old Faithful

quote:
Originally posted by mrbradg:
I heard about this. Unreal.

I agree!!

"Although it is not true that all conservatives are stupid people... it is true that most stupid people are conservative." John Stuart Mill

11/20/0711:13 AM

interventorPost Master

In the past, many of these gold investment firms have been involved in failure to deliver the goods and adulterated coinage/bullion. Ron Paul declaimed any interest in the firm.

"He who is not a liberal at 25 has no heart. He who is not a conservative at 35 has no mind." Sir Winston Churchill.

11/20/0712:01 PM

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