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The E-Sylum:  Volume 10, Number 29, July 22, 2007, Article 18

NEW LIBERTY DOLLAR FEATURES LONGSHOT PRESIDENTIAL CANDIDATE RON PAUL

According to an article published by Congressional Quarterly,
"He’s still a long shot for the presidency, but Republican Rep.
Ron Paul of Texas has leapfrogged into a distinction usually
reserved for chief executives — and dead ones, at that: His visage
now graces a coin.

"To be sure, the disks were not struck by the U.S. Mint. They are,
rather, a rival currency called the Liberty Dollar, which lately
has been fighting a court battle over a mint consumer advisory not
to use the dollar coins — which are designed for barter transactions
— as legal tender.

"Paul is a natural choice to grace the Liberty Dollar — as well as
the steeper $20 silver and $1,000 gold editions of the currency —
because he shares the Indiana company’s preference for currency
backed by precious metals. Paul’s campaign spokesman Jesse Benton
says his boss supports “legalized competition between Federal
Reserve notes and other specie currency” by allowing people to pay
for goods and services with gold or silver."

To read the complete article, see: Full Story

[Paul's spokesman notes that "however flattering the homage may
be, Paul isn’t endorsing the use of Paul dollars."  The campaign
wants donations in U.S.-backed funds.  What happened to rendering
unto Caesar?

Gold, Silver and Copper versions are planned.  A blog entry on
the Paul web site pictures the silver version.  One supporter
plans to distribute copper versions as campaign promotion items
in November: "They are inexpensive enough to distribute in small
quantities as handouts to potential voters. Many paper handouts
(for any candidate) are likely to go (probably unread) into the
nearest wastebasket. But few, if any, copper coins are going to
get thrown away. People just can't bring themselves to do it.
The deep-seated archetype of coins as money, even if those coins
aren't "legal tender", is too powerful to allow it. A one dollar
copper could potentially have a greater impact than a dollar's
worth of paper."  -Editor]

To read the complete Ron Paul Liberty Dollar blog item, see:
Full Story

For ordering information, see: Order Info

  Wayne Homren, Editor

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