The Liberty Lamp: Libertarian News & Editorials

Competition helps make goods and services better. As informed people and libertarians, we all know this to be true. Unfortunately, the US government does not consist of people like us, and they throw hissy fits like spoiled, bratty children when they are forced to play fair by competing in the marketplace like the rest of us. That said, the US Mint has issued a press release of sorts insinuating that the Liberty Dollar is illegitimate. This is coming from an organization that sold out to the Federal Reserve System and unbacked fractional-reserve banking!

Click the title link on this post for the full text, but here's an excerpt:

"The United States Mint frequently receives inquiries from consumers who have confused coin-related products from private companies with genuine U.S. coinage. This page includes up-to-date information about these products. As we get inquiries from the public we will add new information, so you may wish to check this page periodically for updates.

The National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code (NORFED) is producing and marketing gold and silver medallions that NORFED calls "Liberty Dollars." The United States Mint and the United States Department of Justice have received inquiries regarding the legality of these so-called "Liberty Dollar" medallions. The United States Mint urges consumers who are considering the purchase or use of these items to be aware that they are not genuine United States Mint bullion coins and they are not legal tender. These medallions are privately produced products and are not backed by, nor affiliated in any way with, the United States Government. Moreover, prosecutors with the Department of Justice have determined that the use of these gold and silver NORFED "Liberty Dollar" medallions as circulating money is a Federal crime."

No frikin heck you morons. Only a complete idiot would be so stupid as to choose "genuine" government fiat currency and over-priced bullion issues over an honest and free-market voluntary solution! As always, watch what government does, not what it says. These thugs are trying to falsely convince the public that only government issued currency is legitimate, no matter how corrupt and useless it really is. For example, consider this quote:

"However, despite their misleading appearance, NORFED "Liberty Dollar" medallions are not genuine United States Mint coins and they are not legal tender."

No kidding! This is the whole point. "Legal tender" means unbacked, useless fiat currency, not REAL MONEY, which the Liberty Dollar is. When people ask, I always make this clear, and so far, only one or two people have ever asked me. Why? Because when given a chance, Americans aren't as stupid as the Feds may assume or at least wish they were. Realizing the value of real precious metals backed money isn't hard. Paper money is just that- paper. It's only worth what it's printed on, and even its "fiat" status has rendered it only 4% as valuable as it was in 1913 when the Federal Reserve System was started!

Remember, follow the money trail (losely defined). Forget about what is being said, and focus on what's being done. Who stands to benefit and why? In the case of fiat currency, special financial interests and the US government benefit, at YOUR expense.

To put a long story short, ignore the immature whining from the Treasury and get yourself some Silver Liberties today. A good place to get them at a discount is Liberty-Auctions.com. You can also buy and sell merchandise and services with the Liberty Dollar and eGold/eBullion as well as those crummy Federal Reserve Notes (FRNs) we're always trying to get rid of!