No Trial, No Conviction: FBI Steals Millions of Dollars Worth of Gold from Individuals on Deposit with Liberty Dollar, Plans Auction

December 23rd, 2007

That the cops have stolen people’s gold and intend to sell it isn’t news to me, but rather a real world lesson on why I keep my gold in a vault in Switzerland. The U.S. is “behind enemy lines” in my opinion. People in the U.S. are in grave danger. It’s not complicated, if you’ve been paying attention. Of course, the majority of Americans don’t see this, and won’t. They’ll dig their own holes, with smiles on their faces, when the pigs hand them the shovels.

“Don’t taze me bro, I’ll dig faster.”

When you buy physical gold, you’re REALLY hurting the machine. It gums up the works, and bad! It unravels the ponzi scheme because your money has now disappeared into a chunk of yellow metal that They can’t lend to other suckers as credit. Ouch. That’s you kicking bankers in the nuts and gouging out their eyes.

Here’s the problem with the Liberty Dollar: People were actually using the thing in commerce. That is a FAR more serious threat to the machine than simply converting your money into gold. To actually be able to go about your daily life, conducting any amount of business in a precious metal based currency, won’t be allowed. Unthinkable. Unless They created it, and control it, They’ll stop it by any means necessary.

And no, the hippie alternative currencies aren’t a threat to Them if the hippie communities work within the state/federal framework, meaning that the transactions are taxed and the taxes are paid in U.S. Dollars/Fiat Paper of the Realm. The problems occur when a group of people thinks up some alternative currency outside the federal government system—it doesn’t matter what the medium is—and it starts to catch on. This is what happened to the LibertyDollar people. It didn’t matter that they wrote:

REMEMBER: The Liberty Dollar is a PRIVATE inflation proof currency and is NOT United States government currency, ‘legal tender’ or a ‘coin’. Using the Liberty Dollar as barter for products and services at businesses across the country is voluntary.

What’s not voluntary is that Uncle $am wants a piece of it, whether you’re using paper based free love hippie dollars, gold, silver or sea shells. If people are conducting commerce using the alternative currency and that thing isn’t paying up the pyramid, the feds will show up.

I never liked the LibertyDollar because it was clear to me that they were headed for a confrontation with the Government that I was sure they would lose. And in this case, even people who had their gold on deposit are now having to sue the government in an attempt to recover their metal.

Via: LibertyDollar:

Unfortunately, the draconian raid/seizure/forfeiture by this government is SOP – Standard Operating Procedures! In fact, the more you learn, the worse it is. Once raided, the victim need not be arrested or even charged with a crime before his/her property can be forfeited and auctioned. This is so common that the police often refer to the seized property as “their” property. After all, like any common thief, they stole it… its “theirs”! Or so they would have you think!

Wait! It is not quite that simple with the Liberty Dollar. You see, I considered this dirty, stinking government trick when I designed and developed the Warehouse Receipt (WR) program. And although I didn’t think they would really be this bad or simply ignorant… there is no doubt now. For that reason I am not the signatory on the Warehouse Receipt. Nor could I sign the WR because I am not the Warehouse Official. I don’t even work for the warehouse. Remember the warehouse is totally independent and the official issuer of the warehouse receipt. NORFED, Liberty Services, myself, everybody who uses them are simply distributors of the receipts.

But the worst news is “economic persecution”. Now we have to fight for your property… with nothing because they took everything in the raid. If we hadn’t received some donations to get a new computer, we wouldn’t even be able to send out this cry for help.

One Response to “No Trial, No Conviction: FBI Steals Millions of Dollars Worth of Gold from Individuals on Deposit with Liberty Dollar, Plans Auction”

  1. Brad says:

    Some may have found a loophole: http://www.wethepeoplefoundation.org/UPDATE/Update2007-09-30.htm

    Around noon on Monday, September 17th, a Las Vegas federal jury returned its verdict refusing to convict nine defendants of any of the 161 federal tax crimes they had been charged with. The charges included income tax evasion, willful failure to file and conspiracy to evade taxes.

    The four-month trial centered around the family businesses of Robert Kahre who paid numerous workers for their labor with circulating gold and silver U.S. coins, and did not report the wages. The payments took place over several years, allegedly totaling at least $114 million dollars.

    In other words, if a worker is paid with such coins, his taxable “income” (if any) can only be the face value indicated upon the coin money paid — i.e., $1.00 for a circulating silver dollar or $50 for a circulating gold U.S. coin. Not surprisingly, the IRS has never issued any public guidance regarding this significant issue.

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