The E-Sylum:  Volume 10, Number 1, January 7, 2007, Article 18

LIBERTY DOLLAR TRANSFORMS IN LIGHT OF MINT PRESSURE

In past E-Sylum issues we've followed the story of The Liberty Dollar,
which was recently singled out by U.S. Mint publicity.   The Mint's
focus has forced several changes, and these are detailed in the December
2006 issue of Liberty Dollar News.

"In early December, NORFED Inc. was dissolved by the Board of Directors.
Very quickly, the new currency company reinvented itself as "Liberty
Services" dba "Liberty Dollar," a new business entity. Without mentioning
the recent "Warning" by the US Mint or its unfounded allegations against
NORFED, Bernard von NotHaus, the Monetary Architect for the Liberty Dollar
explained that, "We simply realized that the Liberty Dollar would succeed
easier and faster without any political baggage."

"Henceforth, the "new" Liberty Dollar is politically neutral and dedicated
to "Protecting and growing your money - one Liberty Dollar at a time." It
will be specifically marketed to businesses as a "private barter currency"
that is profitable for businesses and consumers, and good for the
community."

[The group has a new bank account but is still looking for a new executive
director.  One new wrinkle is a very limited exchangeability of Liberty
Dollars for U.S. Dollars.  But don't look to buy these as junk silver and
turn them in at nominal face value any time soon:  "... as Liberty Dollars
are distributed at a discount, that discount must be given up when the
Liberty Dollar is exchanged back into USD... And for the exchange service
to be successful it must also work at a slight profit to cover the overhead
costs."  -Editor]

To read the complete December 2006 Liberty Dollar newsletter, see:
Full Story

 LIBERTY DOLLAR FIGHTING FOR EXISTENCE
 esylum_v09n49a28.html

  Wayne Homren, Editor

	coinbooks.org Web

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