South Carolina has joined the growing ranks of States which have had Constitutional Tender bills introduced!
On February 2nd, 2010, SC Rep. Michael A. Pitts (District 14 - Abbeville, Greenwood & Laurens Cos.) introduced H. 4501, the "Gold and Silver Coin as Legal Tender" Act. This bill would allow "silver and gold" to once again be legal tender in South Carolina, as opposed to the paper bank notes of Federal Government debt.
The language of H. 4501 is different than our model Constitutional Tender Act bill, but the effect would be the same - making gold and silver coin the only thing allowed as payment to and from the State.
We'll take that!
Links:
H. 4501
Rep. Michael A. Pitts
Watch an interview with Rep. Pitts about his bill last year supporting States Rights in South Carolina:
Saturday, February 6, 2010
Friday, February 5, 2010
What Is The Constitutional Tender Act?
Great little post that succinctly describes the Constitutional Tender Act. Thank you, "Gemologist Sam"! :)
What Is The Constitutional Tender Act?CLICK HERE to read the rest of this post.
The U.S. economy is having big problems. This is not news! But some legislators in Georgia think they have a solution to the problem. While it would only impact their State, their hope is that if the bill passes they will set a good example for other states as well as the Federal Government.
The Constitutional Tender Act is Georgia House Bill (HB) 430. It was introduced by Representative Bobby Franklin (R-43) in 2009. He points out that the United States Constitution declares (Article I, Section 10) that “No State shall…make any thing but gold and silver coin a tender in payment of debts.” However this is no longer the case.
Wednesday, February 3, 2010
States Rights Bills Now Calling for Gold and Silver Money
Posted on the AOCS Direct blog, from the American Open Currency Standard
Feb. 1, 2010
Executive Summary – Well this wasn’t hard to see coming. The states are scared of the Fed. The big threat is the Fed declares martial law and closes the state governments making them irrelevant. The states in fear for their own governments existence are passing states rights bills. These basically go back to the constitution reasserting that the states created the Federal Government. The constitution clearly lists the rights the Federal Government has and clearly states any other rights belong to the states. Unless specifically prohibited to the states.
Gold & Silver Money – The states doing this to date are as follows with the respective bill numbers which you can look up yourself:
Indiana S.B. 453 Colorado H.B. 09-1206 Missouri H.B. 0561 Georgia H.B. 430 Maryland H.J.R. 5
None of these bills has yet passed. They basically are saying the state has to operate based on gold and silver. They also say the banking system has to allow people to operate using gold or silver. I believe using a paper note backed 100% by gold or silver would be allowed.
Some of the bills also talk of electronic representation of actual gold or silver. They are talking 100% backed currency, not partial fiat money and the electronic aspects would enable bank to bank electronic transfers of this god and silver money.
Discussion – Reading between the lines what you get is citizens will be able to bank and conduct commerce in gold and silver. States will have to do so. I think there would be a marked preference for gold and silver and many merchants would not want to take federal reserve fiat notes or if they did take them at much higher prices. It is a back door to a solid constitutional monetary system. It is also a sign of the states getting ready to break away.
To secede the states need a monetary system and banking system that is not dependent on using the federal reserve fiat notes backed by nothing at all. They will arrange for bank-to-bank transfer of gold and silver electronically. Exactly how remains to be seen but the virtual currency guys have been doing it for ten years.
Curious how birth certificate free Obama stays away from even mentioning states rights. He sure is working overtime to get control measures passed by any means he can conjure up. Funny with all the homeless, out of work folks, people without healthcare, businesses failing he should chose to make gun control a priority. What’s wrong with this picture.
If the states rights every gets legs and either controls the Fed or the states secede and form new countries the people should know that is was the vast gun ownership and shooting skills in the USA that kept the Fed from just asserting martial law and turning the country into a real nightmare. Have you ever seen a anti-gun politician who is also against high taxes?
View the original post here
Feb. 1, 2010
Executive Summary – Well this wasn’t hard to see coming. The states are scared of the Fed. The big threat is the Fed declares martial law and closes the state governments making them irrelevant. The states in fear for their own governments existence are passing states rights bills. These basically go back to the constitution reasserting that the states created the Federal Government. The constitution clearly lists the rights the Federal Government has and clearly states any other rights belong to the states. Unless specifically prohibited to the states.
Gold & Silver Money – The states doing this to date are as follows with the respective bill numbers which you can look up yourself:
Indiana S.B. 453 Colorado H.B. 09-1206 Missouri H.B. 0561 Georgia H.B. 430 Maryland H.J.R. 5
None of these bills has yet passed. They basically are saying the state has to operate based on gold and silver. They also say the banking system has to allow people to operate using gold or silver. I believe using a paper note backed 100% by gold or silver would be allowed.
Some of the bills also talk of electronic representation of actual gold or silver. They are talking 100% backed currency, not partial fiat money and the electronic aspects would enable bank to bank electronic transfers of this god and silver money.
Discussion – Reading between the lines what you get is citizens will be able to bank and conduct commerce in gold and silver. States will have to do so. I think there would be a marked preference for gold and silver and many merchants would not want to take federal reserve fiat notes or if they did take them at much higher prices. It is a back door to a solid constitutional monetary system. It is also a sign of the states getting ready to break away.
To secede the states need a monetary system and banking system that is not dependent on using the federal reserve fiat notes backed by nothing at all. They will arrange for bank-to-bank transfer of gold and silver electronically. Exactly how remains to be seen but the virtual currency guys have been doing it for ten years.
Curious how birth certificate free Obama stays away from even mentioning states rights. He sure is working overtime to get control measures passed by any means he can conjure up. Funny with all the homeless, out of work folks, people without healthcare, businesses failing he should chose to make gun control a priority. What’s wrong with this picture.
If the states rights every gets legs and either controls the Fed or the states secede and form new countries the people should know that is was the vast gun ownership and shooting skills in the USA that kept the Fed from just asserting martial law and turning the country into a real nightmare. Have you ever seen a anti-gun politician who is also against high taxes?
View the original post here
Friday, January 29, 2010
One year later: Gold and The Constitutional Tender Act
Here's a great blog post at the Campaign For Liberty site about our efforts here in Georgia:
I'll start out with this disclaimer: I am not an economist. I'm an "average Joe," who has an avid interest in Austrian economics, and knows the basic essential rule of Economics: Supply and Demand. Most of what I write here is just my thoughts, and is purely based on some trends I've noticed. For that matter, if you agree or disagree, I'd like to hear your comments so that I can better understand what the hell is going on. I'd also like to know if, had the Constitutional Tender Act been implemented, A) would we be in a better position today than a year ago? B) would it been about the same? (no harm, no foul), or C), would things be worse? Any and all criticism, accolade, and/or input is welcome.Read the full article here
Sunday, December 27, 2009
State considers return to gold, silver dollars
State considers return to gold, silver dollars
Proposed bill slams Fed, allows payments in precious metals
By Drew Zahn
© 2009 WorldNetDaily
A bill being considered in the Montana Legislature blasts the Federal Reserve’s role in America’s money policy and permits the state to conduct business in gold and silver instead of the Fed’s legal tender notes.
Montana H.B. 639, sponsored by State Rep. Bob Wagner, R-Harrison, doesn’t require the state or citizens to conduct business in gold or silver, but it does require the state to calculate certain transactions in both the current legal tender system and in an electronic gold currency. It further mandates that the state must accept payments in gold or silver for various fees and purchases.
CLICK HERE FOR MORE...
Good commentary from "RECLAIM (.org) AMERICA": Click here
Proposed bill slams Fed, allows payments in precious metals
By Drew Zahn
© 2009 WorldNetDaily
A bill being considered in the Montana Legislature blasts the Federal Reserve’s role in America’s money policy and permits the state to conduct business in gold and silver instead of the Fed’s legal tender notes.
Montana H.B. 639, sponsored by State Rep. Bob Wagner, R-Harrison, doesn’t require the state or citizens to conduct business in gold or silver, but it does require the state to calculate certain transactions in both the current legal tender system and in an electronic gold currency. It further mandates that the state must accept payments in gold or silver for various fees and purchases.
CLICK HERE FOR MORE...
Good commentary from "RECLAIM (.org) AMERICA": Click here
Sunday, October 4, 2009
"Why Gold Is The Currency Of The Free And Idle"
"Why Gold Is The Currency Of The Free And Idle"
A Reading by Dominic Frisby of his essay on gold for The Idler Magazine
Part One
Part Two
Part Three
A Reading by Dominic Frisby of his essay on gold for The Idler Magazine
Part One
Part Two
Part Three
Tuesday, September 29, 2009
Two Recently-Discovered YouTube Videos
We just stumbled across two good home-made YouTube videos that are relevant to the use of Constitutional Tender or to the Constitutional Tender Act itself.
The first discusses a number of different news items, but check out what is said beginning at 7:18:
The second has some interesting information regarding the fact that States have abandoned their Constitutional requirement to use ONLY gold and silver coin in payment of debt, and how that fact can actually benefit you in issues of taxation and fees... if you're willing to take that chance! :-)
Let's get our States back to doing what the Constitution REQUIRES them to do, and we won't have to "play around" with this kind of stuff!
The first discusses a number of different news items, but check out what is said beginning at 7:18:
The second has some interesting information regarding the fact that States have abandoned their Constitutional requirement to use ONLY gold and silver coin in payment of debt, and how that fact can actually benefit you in issues of taxation and fees... if you're willing to take that chance! :-)
Let's get our States back to doing what the Constitution REQUIRES them to do, and we won't have to "play around" with this kind of stuff!
Subscribe to:
Posts (Atom)
