September 30. 2008
Alert #29: Aloha Liberty Dollar
Dear Liberty Dollar Supporters:
We did it! Congratulations on the Liberty Dollar Tenth Anniversary! What an amazing ten years it has been! What an amazing future we now face.
Well, as Paul McCartney wrote, the last 34 years have been a long and winding road - from my initial economic research paper, To Know Value, written on September 11, 1974 to the introduction of the Liberty Dollar on October 1, 1998, to my retirement today.
When a hearty group of concerned Americans, led by Jim Thomas of Media Bypass magazine and I, launched the Liberty Dollar, we thought the "patriot" community would jump at a currency that exemplified Constitutional values. Instead, most were too suspicious even of their own shadow, and the Liberty Dollar almost failed.
For many years, most people could not get past the question: "Why should I pay twice the price for silver?" I hope that by now you know that the Liberty Dollar is a "currency" and not a substitute for silver. Those early, brave souls who understood and supported the Liberty Dollar have been richly rewarded. For example, recently a Type II Silver Liberty issued in 1999 at $7.50 went for a cool $1,000 on eBay!
Unfortunately, throughout most of its 10 years, the Liberty Dollar has been shunned. It seems while there is a mounting patriotic fever as exemplified by the Ron Paul campaign, there is still a lot of misunderstanding on the part of mainstream Americans regarding money if not the whole CFR controlled monetary/political system of bellybutton A vs. bellybutton B.
The middle years were punctuated by many bright times and important issues. I promise to organize a proper history of the Liberty Dollar… sometime in the not-too-distant future. Click HERE and HERE for the archives of the monthly Newsletters and Alerts that chronicle the history of the Liberty Dollar.
Apocalypse
But now we face Fear vs. Fear. Fear of the FBI (aka Fumbling Bunch of Idiots)
vs. Fear of Inflation. There is no doubt that the raid scared off a lot of LD
associates and businesses whose ongoing support is critical to fight the bellybuttons
(my euphemism for the excretory orifice) who are trying their best to drive
the Liberty Dollar out of business while we strive to return America to a value
based currency ala the Liberty Dollar model.
As Dictator Roosevelt said, "The only thing we have to fear is fear itself." And while that may be one of the only truthful things he said, the coming economic collapse is something to prepare for, if not fear, for it will be the worst event in our lives. It will be much worse than the Great Depression and may last much longer.
And while you hear the word "collapse" often today, rarely is there any real definition as to what happens in a collapse. Well, to paraphrase my presentation at the Silver Summit, the coming Economic Collapse will be a global monetary apocalypse that will mirror the Fall of Rome and include the following:
National currency controls… Nationalization of major industries… layoffs… strikes… domestic strife… food shortages… … massive unemployment… bankruptcies… greatly reduced standard of living… road blocks… marshal law… military troops at major intersections… passport and travel restrictions… a total lockdown of the country… until the masses cry out… "Give me anybody… Anybody who will bring sanity back to the monetary system…" rise of a dictator… and a totalitarian government.
Just look at these historical experiences: France and the rise of Napoleon in the1800's, Germany and the rise of Hitler in the 1930's and China and the rise of Mao in the 1940's. We are all going to be millionaires… in the same soup line during the coming hyperinflationary depression. Click HERE for an excellent article on each.
Think this is impossible? Think marshal law and military troops is too extreme? Check out this Wednesday, September 24, 2008, article on Prison Planet By Paul Joseph Watson:
U.S. troops returning from duty in Iraq will be carrying out homeland patrols in America from October 1st in complete violation of Posse Comitatus for the purposes of helping with "civil unrest and crowd control" - which could include dealing with unruly Americans after a complete economic collapse.
This shocking admission was calmly reported on September 8th on the Army Times website that from the beginning of next month the 3rd Infantry Division's 1st Brigade Combat Team "Will be under the day-to-day control of U.S. Army North, the Army service component of Northern Command, as an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks."
The unit would also be deployed to deal with hostile crowds of Americans in the aftermath of a massive economic depression, potential food riots and race riots, if one defines the term "crowd control" to match its reasonably applicable scenarios.
The open admission that U.S. troops will be involved in law enforcement operations as well as potentially using non-lethal weapons against American citizens is a complete violation of the Posse Comitatus Act and the Insurrection Act, which substantially limit the powers of the federal government to use the military for law enforcement unless under precise and extreme circumstances.
Please click HERE for the complete article.
Financial Bailout is not the answer. It is the problem. It is the government's way to gain more control. From an article by Chris Powell on Thursday, September 25, 2008, for the Journal Inquirer in Manchester, Connecticut:
The bad-debt bailout would be the biggest government patronage program in history and would amount to declaring martial law over the U.S. financial system and economy. Even if such martial law is necessary, its implementation should be put in democratic hands -- a non-partisan agency with full transparency, statutory standards for its purchases, and close accountability to Congress.
Chris Powell is managing editor of the Journal Inquirer and the Secretary/Treasurer
of
Gold Anti-Trust Action (GATA) Committee Inc.
Now I am not usually a doom-and-gloom guy. I developed the Liberty Dollar to bring a real solution to the currency situation that I realized in 1974… some 34 years ago! And for all these years I have strived to bring about a proven, positive, peaceful and profitable solution to our country's controlled fiat monetary system.
And while I greatly appreciated your support (ala the Choir), at almost every turn there has been an invisible force that has thwarted the Liberty Dollar development and larger use. At first you may think, I mean the government. That is not the case. The government had been amazingly supportive up until the raid. The most disturbing "invisible force" is bunch of traitors who confess to have the very ideals that you think they endorse. Unfortunately, most of the time I found our supposed "leaders" to be vain little men, who were much more interested in maintaining their position than saving the country.
Who are these traitors who have steadfastfully blocked or secretly worked to undermine the Liberty Dollar and its ideals? Well over the years I have made several lists, but I am now on Tour and time has long dulled that list… but it is easy to list a few and you may know a few more from your own efforts with the Liberty Dollar.
List of Bellybuttons:
Lew Rockwell, Von Mises Institute
Mark Skousen, Newsletter
Bill Bonner, Agora Publishing
Addison Wiggin, Newsletter
John McManus, John Birch Society
Ed Crane, Cato Institute
Jack Pugsley, Sovereign Society
Vin Suprynowicz, Las Vegas reporter
Charley Reese, Orlando reporter
Sheldon Richman, writer
Doug Casey, Newsletter
Franklin Sanders, Moneychanger-my-ass
Jim Cook, Investment Rarities
Peymon Mottahedeh, Freedom Law School
Ron Paul, Politician
I contacted every one of these bellybuttons. Each had the opportunity to really advance the ideals of liberty but didn't. They are liars and traitors to the ideals that you may think they support. I would never trust any of them. None will address the issues or even state their objections to the Liberty Dollar. Most will not even reply. A few have said I don't like them because they would not endorse the Liberty Dollar. Hell, I have never asked for an endorsement from anyone and don't care if someone endorses the Liberty Dollar or not. But I brand these traitors as bellybuttons because they stonewall, back stab and take adverse positions against the Liberty Dollar while publicly stating that they support the very same ideals but refuse to enter a discourse to move a viable solution forward.
As a student of Austrian Economics, I was particularly drawn to the Mises Institute so I made an appointment to meet Lew Lockwell. When the day finally arrived, his secretary kept me waiting for an hour, then he stood me up and had me forcibly evicted into a driving Alabama rainstorm without a car. Nice business manners, eh?! For that and ten years of behind-the-scenes of negativity, I name Prickwell king bellybutton of the government controlled opposition. Skousen, Bonner, McManus, Crane and Casey are not far behind. Be very careful of whom you ask advice. If you have any doubts, just ask this list of American traitors, because I have and they all made me sick.
Contrary to these lying bellybutton traitors, there have been a great many "ordinary Joes" who have exemplified the greatness of our original Founding Fathers. These men and women have won my heart, not because they support the Liberty Dollar, but because they have devoted their lives, fortunes and sacred honor to furthering the ideals as represented by the Liberty Dollar.
List of Liberty Angels:
Jim Thomas
Ed Griffin
Harold Skousen
Michael Badnarik
Richard H. Timberlake
Tom Curtis
Jason Pratt
Albert Wagner
Dan Priest
Kevin Innes
Alan McConnell
Pete Hallock
Ron Goodger
Jeff Kotchounian
Dave Gillie
On October 1, 1998, the Liberty Dollar was created:
We stated very clearly that it was our intent to achieve these goals slowly and that our success would be a gradual, evolutionary process rather than a costly and destructive revolutionary process. That evolution begins with education, as one person reveals the truth to another - that the Federal Reserve is neither federal, nor does it have any reserves. And that the government uses its debt based monetary system to manipulate our money and our lives.
We have done much of what we intended. But as America is still addicted to fiat money and big government, there is much to be done. We still need to Change the money to Change the country.
Silver: The marketplace is NOT out of silver. Technically, there is not even a shortage of silver. There IS a shortage of fabricated silver, especially one ounce rounds for the retail market. While some young talking heads would have you believe the sky is falling, silver is plentiful in 1000 oz bars, but nobody wants that; everybody wants one ounce Eagles or generic rounds. Besides love and the world of intangibles, silver still remains the single best item to hold. Period. Inflation is coming and we will see phenomenally higher prices for silver. Just remember in Germany on January 1, 1919, one ounce of silver cost 12 German marks, very much like one ounce cost 12 US dollars not long ago. Four years later, November of 1923, just before Hitler came to power, the same one ounce of silver cost 543 billion marks! Hold on, the world is about to go through hell as it finds it way back to value. "Revaluation" is the word to remember!
Now, regarding the US Mint warning and the FBI raid, I think it is ludicrous that the government would even try to make people think that they can't use their own gold and silver in any manner they wish. To articulate that point, I penned Bernard's Second Law of Money: Any law that purports to prohibit an American citizen from using a piece of gold or silver (or, for that matter, anything) in a voluntary transaction between consulting adults is preposterous, antagonistic to a free market, and totally without legal merit.
And in case you missed Bernard's First Law of Money: When the people own the money, they control the government. When the government owns the money, it controls the people. We choose, therefore we are free.
Every day we see a lot more control of the monetary system. The "news" is confusing and will get increasingly confusing. Don't get confused. Stay with the truth. We are witnessing a global revaluation of money and everything denominated by it. Remember the three stages of truth: First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. The Liberty Dollar is following that similar path. Stick with the truth, hold silver and please support the Liberty Dollar.
Just as I wrap up this bittersweet Aloha Alert and return to Hawaii… comes news from Reuters: "Private banks rethinking gold, seen next big buyers." Please read this excellent article that validates my 34 year opinion that we are witnessing a global revaluation of the monetary system. I guarantee - anybody who bought silver at $5 per ounce is happy! I guarantee - if you buy and hold gold and silver right now - you will be happy as you watch your net worth double and double and double many times as the world struggles to redefine value and replace the damn good-for-almost-nothing fiat government crap money into real value. Please click HERE for Private banks rethinking gold, seen next big buyers by Jonathan Leff for Reuters, Monday September 29, 2008.
Now it is time for me to turn over the reigns to Dan Priest. Please bless him with your prayers and support. He needs your support. My sincere thanks to you for all your efforts in behalf of the Liberty Dollar. You have been the greatest people I have met throughout my life. And although I have had some godawful days, I would not trade my last 10 years and the $3 million I put into this effort, for anything. I have no regrets. I gave Liberty Dollar my best. I ask you to do the same. I look forward to resolving the legal issues and seeing the Liberty Dollar fulfill its potential. God save the country.
Thanks again for ten years of support. You made the Liberty Dollar the largest private value based currency in history. Now valued at well over $60 million at the new $50 silver base with over 200,000 supporters! Happy Tenth Anniversary! Aloha!
Bernard von NotHaus
Monetary Architect / Editor
Go HERE to sign up for the Class Action Lawsuit.