Feds grab over 50,000 collectible “Ron Paul Dollars” in raid

November 21, 2007 – Last week federal agents invaded the headquarters of Norfed, manufacturer of collectible “Liberty Dollars,” and confiscated all of the company’s precious metals, computers, and documents. FBI officials in charge of an investigation have refused to publicly discuss the raid that has effectively shut down the “National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code.”

Norfed manufactures collector currency, “Liberty Dollars,” which contain precious metals such as gold and silver. On their website, Norfed offers instructions on how to use the silver medallions in everyday transactions as a “private voluntary barter currency.” About a year ago, the U.S. Mint issued an internet “warning” about Norfed’s “Liberty Dollars,” indicating that prosecutors within the Department of Justice had determined the minting of gold and silver “Liberty Dollars” to be a federal crime because the medallions “are specifically intended to be used as current money in order to limit reliance on, and to compete with the circulating coinage of the U.S.” and thus violates United States Code Title 18, Section 486, which prohibits privately “uttered” gold or silver currency.

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AUSTIN November 14, 2007 — Over a hundred Austin business owners have joined the community group, Stop Domain Subsidies, which is pushing to reverse the city of Austin’s multi-million dollar tax giveaway to Simon Property Group, current owner of the ‘mixed-use’ development, The Domain.

Petitioners contend that massive tax rebates granted to Simon Properties give the corporation an unfair advantage over local retail businesses. If the petition drive is successful, Austin residents will vote as soon as May 2008 on an amendment to the city charter that would prohibit tax subsidies for retail businesses.

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