UPDATE: New Hampshire Legislator Introduces Resolution for "restoring gold and silver money"

Back in January, we noted that in New Hampshire, whose State motto is "Live Free or Die", Rep. Norman Tregenza had submitted a "Legislative Service Request" (LSR) that perked our ears up:

title: urging Congress to pass legislation against losses in value due to money supply by the federal reserve; restoring gold and silver money; and phasing out the federal reserve system.

The bill was formally introduced as HCR 13. We're happy to say, it was voted UP in the State-Federal Relations and Veterans Affairs Committee, and sent to the floor with a recommendation to pass it! The bill is scheduled to have a full vote on the floor of the State House of Representatives on March 15 -- and it stands a good chance of passing!

Great job, Rep. Tregenza! Maybe now we'll see the "Gold Money Bill" introduced again, too. Or maybe a legislator there can even introduce a NH version of the Constitutional Tender Act itself? Even nicer.

"Rallying for States’ Rights, G.O.P. Legislators Tell Washington to Go Away"

A NY Times article that doesn't cast Nullification in a bad light? Wait a minute, we aren't being charged with racism, or called neo-Confederates, or laughed at for believing in sound money and the Constitution? Maybe there's hope for America yet!

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State legislatures, bolstered by the huge Republican freshman classes that were swept into power from New Hampshire to Montana last year, have intensified their attacks on federal authority in the name of states’ rights...

In Kentucky, the State Senate is expected to take up a bill this week declaring the state a “sanctuary” from meddling by the Environmental Protection Agency.

In Arizona, the State Senate approved a measure this month that would exempt all products made and consumed within its boundaries from federal interstate commerce laws.

The Montana Legislature is considering a bill that would allow the state to nullify federal laws that protect endangered species. And in Georgia, a bill that would override federal monetary regulations by requiring banks to accept payment in gold or silver has survived two readings in the State House of Representatives.

“There’s been a kind of ramping up,” said Michael Boldin, the founder of the Tenth Amendment Center, a research and advocacy group in Los Angeles. Last year, Mr. Boldin said, many of the bills were simply statements of dissatisfaction or intent. This year, he said, the bills are armed with teeth and recommended penalties. The Arizona bill, for instance, would make it a felony for anyone who tried to enforce federal commerce laws.

READ THE REST OF THE ARTICLE HERE...

"CNBC: Gold, the States, and Federal Monetary Policy"

People are starting to get it. The tide is turning. A perfect storm is brewing. We MUST NOT let up now.

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Why are so many state legislators beginning to call for issuance of a form of gold money?

The Constitution prohibits states from coining money but allows them make “gold and silver Coin a Tender in Payment of Debts….” By prohibiting everything except “gold and silver Coin” the Constitution clearly contemplates this as legitimate.

Legislators in a dozen states are looking at legislation about gold or silver-based currency, including, right now, Utah, South Carolina, Virginia and New Hampshire. States haven’t issued money for over a hundred years. So … why now? There is disgust by state legislators with the federal government’s promiscuously printing money. This reflects the views of those who wrote and adopted the United States Constitution...

...So legislators in twelve states are exploring gold-based currency. It is reprehensible for national elites to deride those who are doing so. Whatever objections one might have to the mechanisms being considered the impulse is legitimate and even noble. State legislators are challenging the federal abuse of an unconstitutional power, challenging the issuance of unhinged paper money.

READ THE REST OF THE ARTICLE HERE...

Latest Issue of DGC Magazine online: "Gold & Silver Sound Money"

The February 2011 issue of Digital Gold Currency magazine is out, and it's a good one: "Gold & Silver Sound Money: A Dozen U.S. States and Their Sound Money Initiatives".

It covers the most recent sound money bills in Virginia, New Hampshire, Georgia, Delaware, Utah, Montana, Washington, South Carolina, Idaho, Maryland, Colorado, Indiana, Missouri, and Ohio, with some additional articles relating to competition in currencies, digital gold, federal bills, and more.

Best of all - it's FREE to read online, or even download and read later.

Another great job from the folks at DGC!

New Hampshire Legislator Pre-Files Resolution for "restoring gold and silver money"

In New Hampshire, whose State motto is "Live Free or Die", Rep. Norman Tregenza has submitted a "Legislative Service Request" (LSR) that perked our ears up.

(In that State, a bill starts out as an LSR - a title and brief description of the purpose of the proposed legislation, which the representative or Senator submits to the Office of Legislative Services. Staffers in that office spruce it up: for example, they might propose language that clarifies the bill's effect on existing laws.)

If you go to the "Legislative Service Requests (LSR's)" page of the New Hampshire General Court (their House and Senate, which is the largest legislature in the world with 400 State Reps and 24 Senators) and enter the number 0684 in the box labeled "Query the database by LSR Number" you'll get this:

title: urging Congress to pass legislation against losses in value due to money supply by the federal reserve; restoring gold and silver money; and phasing out the federal reserve system.

Nice. Maybe we'll see the "Gold Money Bill" introduced again, too. Or maybe a legislator there can even introduce a NH version of the Constitutional Tender Act? Even nicer.