19 November 2007

NotHous vs. Bernanke, with a dash of Ron Paul

No, this is not a typo. If you need to check, look again here.

Federal agents, in a move that could have an impact on the presidential race, raided the Indiana office of the issuer of a private currency known as the Liberty Dollar — and seized tens of thousands of coins bearing the likeness of a presidential candidate, Rep. Ron Paul.

Overall, agents on Wednesday hauled away more than 2 tons of copper coins and 500 pounds of silver coins, as well as records and computers, the founder of the currency system, Bernard von NotHaus, told The New York Sun by phone from Miami.
You, the relentless seekers of a cheap laugh, may say it is fitting that Ron Paul's face appears on a coin designed by a person named NotHous.

But the truth, as usual, goes much deeper than a gratuitous laugh.
This is an example of Bernanke trying to protect his own nest because he knows it's got holes in it," Mr. von NotHaus said, referring to Ben Bernanke, the chairman of the Federal Reserve. "He can't have something like the Liberty Dollar running around competing with his currency. It points out the fallacy of the fiat monetary system. They had to do something. Their currency is losing and we're going to the moon.
As you can see, it is far from being funny. Somebody is trying to undermine the Federal Reserve and, via it, one of our chief minions. Or chief tentacles, if you will.

Even when a person is named NotHous, is an admirer of Ron Paul and is referencing the moon, the Elders take heed. There will be no second warning...

Hat tip: Dick Stanley

Cross-posted on Yourish.com.