The E-Sylum:  Volume 9, Number 49, December 3, 2006, Article 28

LIBERTY DOLLAR FIGHTING FOR EXISTENCE

Speaking of the Liberty Dollar, its creator Bernard von NotHaus has
published the November 2006 issue of his commentary, and the recent
U.S. Mint position is having many repercussions.  In an opening segment
headlined "Liberty Dollar Faces Extinction", von NotHaus writes:

"The Liberty Dollar is now under attack from…our bank. On Monday,
November 20, the Evansville office received a certified letter from
our bank, Old National Bank, which said: "Please be advised that if
you do not close the Account within 15 days of the date of this letter
(11.16.06), Old National Bank will exercise its right to close the
Account."

Had we bounced checks? Nope, not a one. Were we a difficult customer?
Definitely not. Had we done anything to warrant the bank to close our
account? No, but obviously something upset the banking powers to be.
The VP for Bank Security, who ordered the letter, told us that they
had investigated our business and said that the "nature of our business"
was too risky for them..."

"The Liberty Dollar is clearly under siege. Quite simply, without a
bank account and merchant card services, it is all but impossible to
do business in this day and age. We face the real possibility that
the Liberty Dollar could die... and put all the ideals it stands for
at risk! A very sobering thought I dare say."

[The newsletter goes on to say that the organization's recently hired
Executive Director, Mike Johnson, has resigned.  It also has an account
of a proponent's recent Wal-Mart visit, where $60 worth of Liberty
"coins" and certificates were "spent". -Editor]

To read the complete newsletter, see: Full Story

  Wayne Homren, Editor

	coinbooks.org Web

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