Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Texas
Related: About this forumMulligan Mint, Dallas' Most Libertarian Coin-Maker, Filed For Bankruptcy Last Week
Mulligan Mint is sort of like the companies that hawk gold coins through Sunday newspaper supplements and daytime cable TV, in that the money it produces isn't legal tender, but the similarities end there. While the other companies play on the misty-eyed patriotism of octogenarians who still scour the ads in the Sunday paper, Mulligan's coins are marketed to those libertarian-minded Americans convinced that an economy based on paper currency is unforgivable folly.
A look at their merchandise gives an idea of their philosophical bent. Their "Free Market Heroes" collection includes libertarian economist Ludwig von Mises and former congressman and presidential candidate Ron Paul. Another line pays homage to Ayn Rand's Atlas Shrugged. Their Deluminati coin "repudiates the entire paradigm of a central bank-issued paper currency given legal tender status by the government" and "says no to inflation, crony capitalism and all-powerful government and yes to individual liberty, economic independence and opportunity."
-snip-
The WSJ reported over the weekend that Mulligan filed for bankruptcy last week to stop one of its suppliers from shutting down its 20,000-square-foot factory.
The supplier, Miami-based Republic Metals Corp., says Mulligan hasn't paid for 71,473 ounces of silver. Mulligan doesn't deny that it owes money. It just can't find a portion of its $1.4-million silver shipment, according to the WSJ.
The complete article is at http://blogs.dallasobserver.com/unfairpark/2013/09/mulligan_mint_dallas_most_libe.php .
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 2497 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (7)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Mulligan Mint, Dallas' Most Libertarian Coin-Maker, Filed For Bankruptcy Last Week (Original Post)
TexasTowelie
Sep 2013
OP
underpants
(182,788 posts)1. Well ...it was a flip of coin
apparently it came up Washington skeleton
demwing
(16,916 posts)2. Libertarians hiding behind our socialized justice sytem?
Hrmph, I say!
Let the hypocrites pull themselves up by their silver-buckled bootstraps!
hobbit709
(41,694 posts)3. "It just can't find a portion of its $1.4-million silver shipment,"
So which exec's pocket did it walk away in?
TexasTowelie
(112,150 posts)4. Like a bone out of socket,
it's not lost, it's just temporarily dislocated!
gtar100
(4,192 posts)5. Seeking government protection from creditors, how ironic.
Why not just let the "free market" do its job?