Daily Archives: March 24, 2011

Monetary Reformer Convicted in Liberty Dollar Case

According to an FBI press release dated March 18, 2011, Bernard von NotHaus, 67, founder of NORFED and creator of the Liberty Dollar silver coin, has been convicted by a federal jury of “making, possessing, and selling his own coins.” The conviction of von Nothaus demonstrates just how far through the looking glass we have gone. According to the US government, anyone who advocates monetary reform (or any sort of government reform) may be a “terrorist.”

Here is a chilling quote from the FBI press release:

“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Tompkins said in announcing the verdict. “While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country,” she added. “We are determined to meet these threats through infiltration, disruption, and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.”

It is evident that Ms. Tompkins has no idea what “legitimate currency” is, or that what she purports to be protecting is anything but “our democratic form of government.” The actual situation is well stated by J. Neil Schulman in his recent post at Rational Review:

“If there is such a thing as economic terrorism, it has been conducted without punishment by the financial elites who own and operate the Federal Reserve Bank. For the Department of Justice of the United States to overlook this mega-crime and prosecute a man whose goal was to enforce the law as written in the Constitution they have taken an oath to obey is an obscene reversal of fact and language. If there is such a thing as economic terrorism, the Federal Reserve is the economic equivalent of al-Qaeda, and its ravaging of the economy is the 9/11 of U.S. economic history.” (03/22/11)

This case is far from settled, and will hopefully serve to revive the political debate about money and finance, and ultimately advance the cause of free money and free banking.

By the way, Glenn beck will plug G. Edward Griffin’s book, The Creature from Jekyll Island, on Friday 2011 March 25. The entire Glenn Beck show that day will be devoted to an exposé of the Federal Reserve. The Glen Beck program is aired weekdays on Fox News at 5 PM Eastern time. –t.h.g.