Mulligan Mint, Dallas' Most Libertarian Coin-Maker, Filed For Bankruptcy Last Week

[TexasTowelie]

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 .

[underpants]

1. Well ...it was a flip of coin

apparently it came up Washington skeleton

[demwing]

2. Libertarians hiding behind our socialized justice sytem?

Hrmph, I say!

Let the hypocrites pull themselves up by their silver-buckled bootstraps!

[hobbit709]

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]

4. Like a bone out of socket,

it's not lost, it's just temporarily dislocated!

[gtar100]

5. Seeking government protection from creditors, how ironic.

Why not just let the "free market" do its job?