In Paul We Trust

by Sean Hackbarth

Let me state this caveat: not all Rep. Ron Paul supporters are freaks. Most are normal people who live next to you, who go to the same supermarkets with you, and who send their children to the same schools. I’m leaning towards Soren Dayton’s belief that the Paul phenomenon is a protest vote. It’s a reaction to failures of Republicans to reduce the size and scope of government. It’s sort of like Pat Buchanan opposing President George H.W. Bush in 1992.

But I would hope stories like this are driving Paul’s campaign staff batty:

Federal agents have reportedly seized illegal “Liberty Dollars” and other currency, including two tons of copper coins bearing the likeness of GOP presidential candidate Ron Paul.

The raid took place yesterday in Evansville, Ind., at the headquarters of the National Organization for the Repeal of the Federal Reserve Act & Internal Revenue Code, a group that the government accuses of producing and distributing illegal currency.

A spokesman for Paul says the GOP lawmaker has nothing to do with the group or its currency.

“We have no connection with that,” Jesse Benton tells AP. “He was using Ron as a marketing technique. We didn’t have anything to do with that or sanction it or give permission in any way.”

Bernard von NotHaus is identified by the Evansville Courier Press as “the group’s monetary architect.” NotHaus says he expects to be indicted on charges of money laundering and wire fraud.

“I see this as a golden opportunity to go into court and vindicate the Liberty Dollar as being legal and being the solution to our great country’s monetary problems,” von NotHaus said. “This is going to be a big trial. We’re going to be putting Evansville on the map. Because money is going to be on trial right there in Evansville.”

Not all publicity is good publicity.

Disclaimer: I work for Friends of Fred Thompson, Inc.

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3 Responses to “In Paul We Trust”

1

You’re right: This is a bizarre story, although not a bad niche for an Americana/coin collector somewhere, I suppose.

2

“not all Rep. Ron Paul supporters are freaks. Most are normal people who live next to you, ”

Dude, you haven’t met my neighbors.

3

I love the fact that bulion coins (in silver, gold, copper, and platinum) are ‘Funny Money’, but fiat currency such as Federal Reserve Notes are ‘Real Money’.

Given a choice between being paid in silver/gold or federal reserv notes, I will take specie any day. It is more immune from manipulation than our current Bernanke Bucks. Unfortunately, the God-given freedom to contract in this manor is illegal in the US.

If I could contract to be paid in specie, then at that point I would not care if the bullion coin bore the imprint of the WTC, Elvis (from the Franklin Mint), Bears, Liberty’s Head, Ron Paul (from Liberty Dollars), or Eagles, Indians, and Buffaloes (from the US Mint).

If the metal content is a specified, then it’s all commodity money at that point.

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