
True to Ron Paul’s “we don’t need your stinkin’ government/UN/Trilateral Commission” spirit, one group supporting the Texas “libertarian” went the extra mile back in July and offered us the opportunity to celebrate Paul even while battling the tyranny of the Treasury Department. Yes, it’s the Ron Paul Dollar:
In celebration of The 4th of July, 2007 you are invited - even urged - to flex your independence with the Volunteer Network’s ’secret weapon’ - the Ron Paul Dollar bringing new meaning to the U.S. Mint’s “Presidential Dollars” and symbolizing the Congressman’s values. WOW! Now the Internet’s favorite Presidential candidate has his own money to help turbo-charge his shot at the White House.
Wow! is right, and if you don’t believe me, believe these folks:
“The Ron Paul Dollar is certainly different,” said Jeff Kotchounian, a collector in Michigan. “For me, it’s a great way to popularize Ron Paul and get him elected!”
[Bernard] Von NotHaus, the fiery “freemarketeer” behind the Ron Paul Dollar, observes, “It will be interesting to see if enough people are fed up with politics, Bush regime, and the war to take Congressman Paul seriously. Certainly the Ron Paul Dollar is as unique as the Candidate and the election itself. Do the majority of Americans really want to change Washington? Time will tell.”
Unfortunately for von NotHaus, one of the things time has told since July is that the Ron Paul Dollar, along with von NotHaus’s whole “Liberty Dollar” private currency scheme (von NotHaus claims the Liberty Dollar will be immune the the value fluctuations currently roiling the US Dollar), is illegal. This week the FBI raided the Liberty Dollar headquarters and seized, in the words of CNN, “gold, silver and two tons of copper coins featuring Republican presidential candidate Ron Paul.”
The raid comes eight months after von NotHaus filed a lawsuit in federal court in Evansville seeking a permanent injunction to stop the federal government from labeling the Liberty Dollar an illegal currency.
The U.S. Mint issued a warning this year that the Liberty Dollar violated the Constitution and warned consumers against using them unsuspectingly.
Paul’s campaign said it had not authorized production of the Ron Paul dollars.
“We were aware they existed, but we didn’t have any affiliation with them,” said Jesse Benton, a spokesman for Ron Paul’s campaign. “He didn’t ask our permission to make them.”
The FBI also froze Liberty Dollar’s bank accounts and the company is apparently now defunct. The Liberty Dollar website, delightfully, is documenting all the action as it happens, legal papers and all. Von NotHaus is establishing a legal defense fund (”please make your check out to me as there is no other bank account”) and has launched a lawsuit against the US Mint.
I can’t help poking fun at libertarian utopianism, but on the other hand we may all go crawling back to NotHaus when the Canadians have bought our asses out from under us.
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