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<p>[QUOTE=&quot;NorthKorea, post: 1134052, member: 29643&quot;]I&#039;m not taking a political stance on this (to my knowledge), however, this is how I feel about the NORFed / Liberty Services situation...</p><p><br /></p><p>Bernard von NotHaus sued the US Mint in 2007.</p><p>Bernard von NotHaus coauthored <i>The Liberty Dollar SOLUTION to the Federal Reserve</i> in 2003.</p><p>From 1998-2009, NORFed / Liberty Services distributed Liberty Dollars through &quot;Regional currency offices&quot; and exchanged bullion and <b>NOTES</b> in exchange for US dollars.</p><p>In a 2007 article citing 1999 interview with von NotHaus, <i>The Spokesman Review</i> noted von NotHaus as saying &quot;We&#039;re going to be to the Federal Reserve System what Federal Express&nbsp; was to the Postal Service.&quot;</p><p><br /></p><p>Insofar as I can tell, NotHaus acted with the intent to replace US currency. To claim otherwise would imply that the man lacked a fundamental grasp of what he was claiming. The USPS is a private contractor, hence USPS.<b>com</b>, whereas the Federal Reserve and US Mint are government agencies, hence FederalReserve.<b>gov</b> and USMint.<b>gov</b>. von NotHaus claimed that NORFed would bring direct competition to the US Mint while creating a distribution network AND the &quot;von NotHaus reserve&quot; (Couer d&#039;Alene, Idaho facility holding bullion in a secured vault backing his currency).</p><p><br /></p><p>Regardless of what we may believe as individuals, von NotHaus&#039; actions indicated a clear intent to distribute an alternative currency within the borders of the United States of America. He broke the law. It is what it is.</p><p><br /></p><p>Now, for my opinion of it... I think he did defraud folks somewhat by using AvOz instead of TrOz when pouring his coins. Here, I say coins instead of bullion, as his intent was evident toward developing coinage and not distributing bullion. A Liberty Dollar never contained the spot equivalent stated on the currency notes. After all, a $20 Liberty Services note could only be redeemed for $20 in Liberty Dollars coin. By its very design, the notes were continually subject to devaluation with inflation.</p><p><br /></p><p>Also, someone made the point of Liberty Dollars not being mistaken for US coinage. I disagree. I regularly encounter situations at fast food restaurants where the employees will make comments like &quot;we only accept US money&quot; when they encounter very old (FRN, silver/gold certificates, red/blue stamps) or very new (pennies, nickels, Presidential dollars) currency and coinage issues. By that same token, I could see individuals assuming that something designed to look like ASEs would be a &quot;new issue&quot; from the US Mint.</p><p><br /></p><p>For what it&#039;s worth, von NotHaus is fortunate that most (if not all) of the individuals using Liberty Services are libertarian or at least strongly anti-government. If that weren&#039;t the case, this federal decision would be the least of his worries. Many individuals are in a situation where they would be justified in claiming that von NotHaus defrauded them... if they chose to view it as such.[/QUOTE]</p><p><br /></p>

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