Ron Paul Supporters Caught Using Their Own Candidate Inspired Currency

This post, written by Steven Reynolds, originally appaeared on The All Spin Spin Zone

Ron Paul currency has been sold, and used in an underground economy. Did nobody tell them that is a crime? Or maybe it is central to the beliefs of some of Ron Paul's supporters that breaking the law is OK.

Well, someone's already put him on a platinum coin that sells for one thousand dollars. Alas, the people who did so were the National Organization for the Repeal of the Federal Reserve Act, and the coins have been used as tender in an underground economy. So, in a sense, Ron Paul's face is illegal. From the Washington Post:
The ardent supporters of Rep. Ron Paul, the iconoclastic Texas libertarian whose campaign for the presidency is threatening to upend the battle for the Republican nomination, got word yesterday of a new source of outrage and motivation: reports of a federal raid on a company that was selling thousands of coins marked with the craggy visage of their hero.
Federal agents on Thursday raided the Evansville, Ind., headquarters of the National Organization for the Repeal of the Federal Reserve Act and Internal Revenue Code (Norfed), an organization of "sound money" advocates that for the past decade has been selling a private currency it calls "Liberty Dollars." The company says it has put into circulation more than $20 million in Liberty Dollars, coins and paper certificates it contends are backed by silver and gold stored in Idaho, are far more reliable than a U.S. dollar and are accepted for use by a nationwide underground economy.
Norfed officials said yesterday that the six-hour raid occurred just as its six employees were mailing out the first batch of 60,000 "Ron Paul Dollars," copper coins sold for $1 to honor the candidate, who is a longtime advocate of abolishing the Federal Reserve. The group says it has shipped out about 10,000 silver Ron Paul Dollars that sold for $20 and about 3,500 of the copper $1 coins. But it said the agents seized more than 50,000 of the copper coins -- more than two tons' worth -- plus smaller amounts of the silver coins and gold and platinum Ron Paul Dollars, which sell for $1,000 and $2,000.
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