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November 19, 2007
More on the Big Raid!
Washington Post Uses 'Dollar Raid' To Call Paul Supporters 'Insurgents'
As if Ron Paul's supporters needed any more motivation to storm the battlements and wreak havoc on the Republican presidential primary, now comes this: the feds are trying to take away their money.
Federal agents on Wednesday raided the Evansville, Indiana headquarters of the National Organization for the Repeal of the Federal Reserve and Internal Revenue Codes (NORFED), an organization of "sound money" advocates that for the past decade has been selling what it calls Liberty Dollars, a private currency it says is backed by silver and gold stored in Idaho, with a total of more than $20 million in circulation, according to the group.
Posted by Post Scripts at November 19, 2007 09:02 PM
Comments
I looked at the website where you can purchase the Ron Paul dollars in either gold or silver. The cost is basically the spot price of one ounce of gold or silver plus a "premium," that is, profit, to the company. The funny thing is that when you order these true value coins, you pay for them with the worthless, devalued U.S. currency that they are intended to replace. I didn't see any opportunity to pay for them with Disneyland chits or happy dollars from McDonald's.
Posted by: Dan at November 20, 2007 07:24 AM