To go along with the harassment that the Liberty Dollar and NORFED are enduring in the press, as well as the false accusations posted on the Mint's website, Bernard revealed on the podcast posted Monday that the US Mint has acted to have bank accounts associated with NORFED and the Liberty Dollar closed, making it extremely hard for the American Liberty Dollar to conduct business.
This ratchets the battle between ALD and the US Mint up another notch.
Where it goes from here is anybodies guess. As Bernard states, CBS' hatchet job on the subject suggests that it's a crime even to possess ALD (it categorically is not a crime to own silver or ALD) much less use it. I'm quite certain that if they intended to arrest anyone for using ALD, they would have done so already.
Silver is up again today, once again going over 13 dollars an ounce, spot price. My suggestion is, buy silver.
Here's the issue of Liberty Dollar News that discusses the latest developments. As an aside, the Associate of the month, Jon Roland, is a personal friend of mine. Wander by Constitution.org and check out the volumes of work that Jon has put in on the subject of liberty and the Constitution.
LIBERTY DOLLAR NEWS: November 2006 Vol. 8 No. 11
CALL TO ACTION:
Contact the media: Urge the media to report on the Liberty Dollar!
As you will read below, Mike Johnson has resigned, which is why I am back writing the news, your chronicle about the life and times of the Liberty Dollar. This issue is yet another blockbuster with shocking news and developments that nobody considered possible. It is also a call to action for individuals and organizations that support the ideals that the Liberty Dollar symbolizes. I urge you to not only read this Newsletter but I also urge you to contact the newspapers, publications, and organizations that you respect to report on the Liberty Dollar. Very quickly, we need to build a broader base to take action in support of the Liberty Dollar. Without meaningful action the Liberty Dollar could become extinct in a short period of time...
IMPORTANT...THIS JUST IN: Help... a few self-described experts, working through Wikipedia, are at it again. This time they've added a Pros and Cons section on the Liberty Dollar. While this Wikipedia article is more accurate than earlier versions, it still needs to be updated. Please take a moment and post a quick comment (hopefully to the "Pro" section!) at: http://en.wikipedia.org/wiki/Liberty_Dollar#Pros_.26_Cons_of_Liberty_Dollars.
Thank you for your continued support, one dollar at a time. Now the BIG news...[/size]
WAIT: I forgot to mention the upcoming Liberty Dollar University-12 in San Jose from January 10 - 13. If you want to find out what is going on and influence the direction of the Liberty Dollar... you have to come to LDU-12! Call the office now for a reservation.
TABLE OF CONTENTS:
- Liberty Dollar Faces Extinction
- Mike Johnson Resigns
- Treasury Letters
- Bernard's "Second Law of Money"
- New Vanity Number: 888.LIB.DOLLAR
- Hawaii Dala Announced
- Signs and Shirts by Jeff
- Letter / Article to the Editor
- Success Story / Incident of the Month
- Question of the Month
- Liberty Associate of the Month
- Quote of the Month
1. Liberty Dollar Faces Extinction
The Liberty Dollar is now under attack from... our bank. On Monday, November 20, the Evansville office received a certified letter from our bank, Old National Bank, which said: "Please be advised that if you do not close the Account within 15 days of the date of this letter (11.16.06), Old National
Bank will exercise its right to close the Account."
Had we bounced checks? Nope, not a one. Were we a difficult customer? Definitely not. Had we done anything to warrant the bank to close our account? No, but obviously something upset the banking powers to be. The VP for Bank Security, who ordered the letter, told us that they had investigated our business and said that the "nature of our business" was too risky for them. Of course the bank's action is clearly the result of someone calling the bank and telling them to close our account. Probably the same person who told the US Mint to issue their warning. The same person who told CBS Lies (not worthy of "News") to do their dirty work. The same person who urged the Washington Post to write their propaganda to kill the Liberty Dollar idea. The same morally corrupt person who might even be reading this Newsletter.
The Liberty Dollar is clearly under siege. Quite simply, without a bank account and merchant card services, it is all but impossible to do business in this day and age. We face the real possibility that the Liberty Dollar could die... and put all the ideals it stands for at risk! A very sobering thought I dare say.
Does this alarm you? I hope! It should alarm you that the government can single out a business without any past criminal history, indictment, or even criminal intent and instruct its bank to close its account! As you can note in Article #3 below, the US Mint does acknowledge that the gold and silver paper certificates are 100% legal. So if one form of the Liberty Dollar currency is legal, what's wrong with the gold and silver that backs it up? I hope this latest bank development signals you that we need to find a much broader base of support for the Liberty Dollar. It should alarm you enough to take action. I am urging you to contact your newspaper, the organizations you respect, publications you subscribe to, and any public forums to investigate and report on the Liberty Dollar. We need to develop more awareness about the Liberty Dollar, and we need to do it very quickly. Up to this point the silence from our side regarding the government's attack on the Liberty Dollar has been deafening. That needs to be corrected.
2. Mike Johnson Resigns
It is with shock and disappointment that I must inform you that Mike Johnson has resigned, telling me he was too "concerned" to be the Executive Director. So now I have to add "courage" to my list of requirements for an Executive Director. Of course this experience cost us a lot of money as we invested in Mike with the idea that he would generate more volume, but that was not the case. In fact, we have very little for his 2-1/2 months on the job. We wish Mike well and are now accepting applications for a new "courageous" Executive Director, please.
3. Treasury Letters
The bank action and Mike's departure is not all... "threatening" letters have been received via certified mail by all the RCOs and myself from Daniel P. Shaver, chief counsel for the US Mint. The "Treasury Letter" re-hashed the Mint's warning and informed all of us that the Department of Justice has determined that the Liberty Dollar is illegal as per 18 USC Section 486. Of course, that is grossly erroneous as 486 only pertains to passing or uttering an item of gold or silver as government "coin" "legal tender" or "current money." The Liberty Dollar has never been passed or uttered as government money and they should know that, hence the use of the propaganda machine to extinguish the Liberty Dollar. I think the government is afraid to take the Liberty Dollar to court because they know the law and know that they cannot get a conviction.
We also received a copy of a two-page letter in reply to Congressman Hostettler's inquiry to the US
Mint. This "Treasury Letter" signed by none other than Mr. Edmund C. Moy, the new Director of the US Mint, simply re-hashed the Mint's original warning with a twist. To Mr. Moy's credit, he acknowledged that, "...paper gold and silver certificates do not appear to be covered by this proscription ." Thank you, Mr. Moy, now if you would just please read 486, you would discover that it only applies to counterfeiting and does not apply to the privately issued Gold and Silver Libertys. And as a further extension, 486 does not apply to digital currencies like eLibertyDollar.com, GoldMoney.com or e-gold.com. For a thorough review of 486 and why it does not apply to the Liberty Dollar, please read our Disclaimer(s) and David Rostcheck's 42-page report at:
4. Bernard's "Second Law of Money"
All this propaganda, Mike's departure, Treasury Letters, and banking problems have given rise to Bernard's Second Law of Money: "Any government action that purports to prohibit an American citizen from using a piece of gold or silver (or, for that matter, anything) in voluntary barter transactions between consulting adults is preposterous, antagonistic to a free market, and totally without legal merit."
The bottom line is that we are not deterred. Like the old German saying, "That which does not kill
you - makes you stronger," the Liberty Dollar is not going away. What else am I to do? Return to lying on the beach in Hawaii and drinking Mai Tais all day? Well, that may not be so bad... but I still feel the country is worth saving from the evils of fiat government money and hope you still agree. Right now the Liberty Dollar needs your help! Where are the patriotic organizations on this issue? Where are the great free market economists of our time? Where is academia? Where are the churches on the issue of honest weights and measures? Where is the community that supports individual rights? Where is the hard money community? Where is the gold and silver community? Where is the Mogambo Guru when we really need him?!
I strongly feel that this is the time that we must take a stand; otherwise the government may be emboldened to move against gold and silver and damn us to their depreciating money until it is too late for our country - and the ideals it once stood for - to survive. I remain steadfastfully optimistic that all this will turn out to be an opportunity as yet unseen.... if you take a stand for the right to use gold and silver as money. Again, I strongly urge you to contact your newspapers, organizations, publications, post to email lists, and any forums and urge them to investigate and report on the Liberty Dollar. We need to get the Liberty Dollar published. We need to develop much more awareness about the Liberty Dollar and we need to do it very quickly. Please take action. Do something!
5. New Vanity Number: 888.LIB.DOLLAR
Seems like no shortage of problems this past month. Even renting our vanity phone number 800.NEW.DOLLAR became a problem. So we bought our own number: 888.LIB.DOLLAR. Please change the number on your site or wherever it is used to the new number. And God help anyone who rents the old number... as it is on thousands of Silver Libertys and they are not going to change any time soon. The 888.421.6181 on all the paper currency is still working... and the local number: 812.473.5250 is also working. [/size]
6. Hawaii Dala Announced
So what do I do in my spare time? Recently when I had a couple of days, I went to Hawaii for the weekend and launched a Hawaiian version of the Liberty Dollar.
Announcing the new 2007 Hawaii Dala featuring King Kamehameha on the obverse with a Face Value of $20 so if you are inclined, you can actually use it as voluntary kala because one Hawaiian Dala is equal to one US dollar. Check out the photos:
What is to come? A lot! The six historic mega designs I did for the 30th anniversary for the old Royal Hawaiian Mint in 2004 will be issued in three sizes for a total of 18 issues. One design per size per month. The six designs are: Kamehameha, Liliuokalani, Kalakaua, Kaiulani, Warrior, and Discovers. The three sizes at the current $20 Silver Base will be: one ounce $20 Hawaii Dala, a half ounce $10 Hapalua Dala, and a quarter ounce $5 Hapaha Dala. All in .999 fine silver. [/size]
In addition to each of these 18 silver Dala issues, a minimum of 100 of each issue will be hallmarked with a micro hand stamp with the outline of the Hawaiian Island to denote First Day of Issue. And an additional minimum of 100 will also be hand numbered 001 to 100 with the FDI hallmark. Both of these Limited Issues will be available at a premium to Face Value and market priced.
If you wish to order a hallmarked or numbered Hawaii Dala, please contact me directly via email.
7. Signs and Shirts by Jeff
A lot of people have done a lot of development for the Liberty Dollar. But none have more than the
amazing Jeff Kotchounian our favorite RCO in Michigan. Here is a list of the 12" X 18" Liberty Dollar signs made with HammerMill 100 lb paper, Laminated with 5 mil plastic. There are one sided and two sided signs.
- Sign with "Toll Free Number" at the bottom. $2.00 each
- Sign with "Available Here" at the bottom. $2.00 each
- Sign with "Accepted Here!" at the bottom. $2.00 each
- Sign with "Accepted Here!" on both sides. $3.00 each
- Sign with "Accepted Here!" on one side AND the Toll Free Number on the other. $3.00 Please note that the new signs have the 2006 dated Gold Liberty.
Jeff can put gromments on the signs for .25 each and has suction cups to hang the signs from the grommets for .40 each. Jeff also has a ton of t-shirts, long sleeve shirts, mouse pads, Liberty Dollar holders, signs, banners and many other custom Liberty Dollar items. I encourage you to visit his web site at: http://www.chooney.com/liberty/productpage.html
and contact him via email at firstname.lastname@example.org.
8. Letter / Article to the Editor
I am deeply indebted to Kevin Innes, our notable RCO in Asheville and RCO Executive Committee member for this reminder about FEAR.
Fear is also a Weapon
This is a period in human history when, once again, public perception of reality is manipulated. The acronym: "F.E.A.R: False Evidence Appearing Real" is a useful reminder to check yourself in case fear wells up inside you. Those in power are very adept at using fear to keep us all in check and NOT do the things that need to be done to pull us out of this morass.
Information is exaggerated, distorted, concocted and processed for maximum effect: domination and profit. Each of us has a choice to either succumb or rise about those fears. Which do you choose? Controlling the flow and intensity of information/misinformation about what new fear we should have is the main weapon of those who want power over you. Yes, there are horrible things happening to many people around the world and in your neighborhood but what about the countless acts of courage, generosity and care expressed by countless people and movements that are igniting people to action as a result and doing the work that is inspiring countless others to take action for our planet? We don't hear about that, as much do we? When what you fear is confronted with both feet on the ground - face to face - in broad daylight - you realize the folly of that emotion. It is self-destructive! You realize that Fear inhibits the taking of actions that would allay that fear, for example, to find out if the facts are even accurate; to find out if the power that threatens you is fearful itself. You will find out that the indomitable spirit within you is more powerful than that which you (used to) fear.
The ability to create anything but 100% backed money is at the very core of their power. Now is the time to be bolder and smarter in our actions to establish integrity in the financial arena. It is time to shake off the shackles of self-doubt and come forward, with all our little imperfections, and be brutally honest with ourselves and with others and admit that we don't have all the answers but we have the
will to keep working tirelessly and in a united way to develop better solutions for a better future. Great leaders have the humility to admit and learn from their mistakes and move forward - hopefully a little wiser and more effective. The Liberty Dollar is a great opportunity for you to establish yourself as the great person you intended to be in this brief period that you have walked this planet. So onwards - without F.E.A.R! It's a great time to be alive!
Kevin Innes/RCO can be reached at
Please send in your letter or comments
for publication to: email@example.com
9. Success Story / Incident of the Month
There are no incidents to report so we have this great Success Story:
Dear Liberty Dollar...
First we went to Wal-Mart...
We just received our Associate Kit with our first Liberty Dollars, and we set out today to spend them
locally. We had $40.00 in Liberty Certificates, and two $20.00 Silver Libertys. First we went to Wal-Mart, and made a purchase for $47.75. I gave the young, male checker $40.00 in Liberty Certificates, and $7.75 in Federal Reserve Notes. He looked at the Liberty Certificates and asked if they were traveler's checks. I replied, "No, they are Libertys." He said "Do I need to check something?" and I said, "What would you like to check?" He went to check with a manager. He was gone a long time! The line of shoppers behind us got longer while we waited. We watched him show the certificates to a CSM (the first line of management), and then the CSM went to the Customer Service counter. We were wondering if they were calling the police!
Finally, a CSM came to get our cart, and took us to the Customer Service counter. Four women cashiers had gathered there, and a male Assistant Manager. The women all said they had never seen them before, exclaimed how pretty the certificates were and asked us where we got them (I said we got them from NORFED, and the web address is on the certificate). The man was digging in his wallet for $40.00. He hadn't said a word to us. He gave the cashier $40.00 in Frauds and he took the Silver Certificates. The cashier told me that he wanted them to give to his grandchildren.
Then my husband Alex took a $20 Silver Liberty out of his pocket and dropped it on the counter where the silver rang out. He said to the Assistant Manager, "Maybe you would rather have silver." The guy's eyes bugged out! He said he would be right back. We think he went to borrow $20 from a friend! He came back and bought the $20 Liberty from us. We then explained to him what it was all about, and told him how he could be an Associate and make money like we just did. Alex also explained how Wal-mart could make a profit with Libertys if they signed up to be a Liberty Merchant. He took our brochure (with our contact information on it) and said he would check it out. One of the cashiers asked for NORFED's phone number (we gave her a business card) in case Wal-Mart gets more Libertys.
We then went to the health food store where we spent $20.27. I did the drop and gave the young checker our last $20 Silver Liberty and waited. The owner of the store was 10 feet away, helping another customer. The young woman looked at it, hesitated just a moment, and said, "Where is the
27 cents?" I fumbled and gave it to her, and we left without saying anything to the owner. We shop there often so as soon as our next order of Libertys arrives in about a week, we'll go back to the store and talk to the health food storeowner about becoming a Liberty Merchant.[/size]
My heart was pounding a little at first, but we had a great, fun time and can't wait to go shopping with Libertys again![/size]
Alex and Jan Salsbery
Susanville Liberty Associate
10. Question of the Month
QUESTION: I have been all through your site... and I see that the government has said that the Liberty Dollar is legal many times. Why have they changed their tune?
ANSWER: Good question! Some people think it was because of our "in your face" Press Conference on August 9, right in front of the Federal Reserve Bank of New York in Lower Manhattan. Other people think it was just the fact that we have grown big enough to be noticed. And still others think it is because the gold and silver market is getting ready to blast off and the government may want to try and control it.... and can't with people using Liberty Dollar free and easy as it is now. "Why" is anybody's guess. The main point is that why does not matter. What matters most is that the Liberty Dollar IS legal and you should exercise your right to protect your money as best you can... and
certainly the Liberty Dollar is ideal because you can get it at a discount and use it at a profit... so you can grow your money back to total value... just like it could happen for the country at large.
11. Liberty Associate of the Month
What the hell are you?! Maybe you are a Republican? If so, wake up! As we are a long way from any
"Republican" ideal. How about a Democrat? No difference for the well informed, as it is common knowledge that both organizations are controlled by the Council on Foreign Relations (CFR). Hence the saying that it does not matter who you vote for - you get the same old government. Frankly, I would not be one of these damn titles if my life depended on it. And ditto for our very noteworthy Liberty Associate of the Month. Since way back to September 12, 1995, around the time of the birth of the popular Internet, this outstanding Associate has been preaching "Constitutionalism." And I could not agree with him more. For that reason and a thousand more reasons, like he has a Liberty Dollar banner and link on his home page (as hopefully we all do), I am very proud to acknowledge Jon Roland as the Liberty Associate of the Month.
Jon defines "constitutionalism" as a commitment to strict enforcement of a written constitution of government as it was originally understood by its framers and ratifiers, then its opposite is the doctrine and practice of "legal realism," which holds that the "law" is whatever judges do or can be expected to do, whose main tenet is the doctrine of stare decisis as presently practiced, and which is fundamentally in conflict with adherence to a written constitution.[/size]
Over 1,000 web sites from around the world (sites like George Mason University and the US Department of State) currently link to Jon's web site: www.constitution.org.
And when I visited it recently there had been over 1.6 MILLION unique visitors! Please support Jon's effort. Visit his site and send some eLibertyDollars to firstname.lastname@example.org.
Congratulations Jon! It is wonderfully good Americans like you who make the Liberty Dollar great. Thank you for helping return America to value - one dollar at a time.
12. Quote of the Month
"Timid men prefer the calm of despotism to the tempestuous sea of Liberty." Thomas Jefferson
As we edge up to 2007, I wonder what the New Year will bring? 2006 has certainly been a hell of a year. As many of us know, it has not been a simple task to introduce a new value based currency and save America before its debt-ridden economy self-destructs. I am sure there some amazing things to come and will hopefully provide yet unseen opportunity.
Many thanks to all the Liberty Associates, Merchants, and RCOs for your continued support. For it is only by banding together and adopting a free and independent currency which provides us with "just weights and measures" will we be able to throw off the yoke of a manipulated monetary system and generate a peaceful and prosperous society.
Thank you again for all your efforts to return America to value - one dollar at a time!
And last but certainly not least, I wish you and your family a very Merry Christmas!
Bernard von NotHaus
"May you live in interesting times" to quote the ancient curse. I think we've found ourselves in the midst of some interesting times here.