State Sen. Bill Ketron is pushing for Tennessee to study whether the state should create its own currency in the event of a breakdown of the Federal Reserve.
Depending on the perspective, Ketron's proposal is either a harmless step toward safeguarding the state in the event of national financial calamity, or proof that the Republican-led General Assembly is distracting itself from the task of creating jobs and improving the economy.
Ketron has filed a joint resolution to create a committee that would study whether Tennessee should adopt a currency as an alternative to the federal dollar in the event of a "major breakdown" of the Federal Reserve.
The proposal is part of a burgeoning movement on the part of conservative lawmakers to begin preparing for a worst-case scenario in which the Reserve collapses. Ketron's legislation mirrors almost word-for-word bills filed in South Carolina and Virginia, which passed the law earlier this year.
The Utah House of Representatives passed legislation approving gold and silver as legal tender. A Georgia lawmaker has proposed legislation that would force the state to conduct its monetary transactions in gold or silver coins.
Ketron, R-Murfreesboro, said he got the idea from the legislation filed in other states.
READ THE FULL ARTICLE HERE...
View the bill here.
Citizens of Tennessee: Contact your State Senator here.
Every American citizen TODAY needs to contact the Leaders of the Tennessee Senate and ask them to support this bill -- CLICK HERE to take action NOW!
Showing posts with label Tennessee. Show all posts
Showing posts with label Tennessee. Show all posts
Monday, March 14, 2011
Monday, March 7, 2011
"Sen. Ketron: TN should study creating alternative to federal currency"
Tennessee has now seen legislation introduced that is similar to Virginia's resolution to study gold and silver as an alternative currency, for the coming day when Federal Reserve Notes are finally hyper-inflated and depression hits the U.S.
State Sen. Bill Ketron, R-Murfreesboro, has filed a senate joint resolution to study whether Tennessee should adopt its own currency in case of a breakdown of the
federal reserve system.
The resolution would create a special joint committee to look at the issue.
Ketron’s proposal mirrors efforts to study the issue in states such as South Carolina and Georgia.
READ THE FULL ARTICLE HERE...
View the bill here.
Citizens of Tennessee: Contact your State Senator here.
Every American citizen TODAY needs to contact the Leaders of the Tennessee Senate and ask them to support this bill -- CLICK HERE to take action NOW!
State Sen. Bill Ketron, R-Murfreesboro, has filed a senate joint resolution to study whether Tennessee should adopt its own currency in case of a breakdown of the
federal reserve system.The resolution would create a special joint committee to look at the issue.
Ketron’s proposal mirrors efforts to study the issue in states such as South Carolina and Georgia.
READ THE FULL ARTICLE HERE...
View the bill here.
Citizens of Tennessee: Contact your State Senator here.
Every American citizen TODAY needs to contact the Leaders of the Tennessee Senate and ask them to support this bill -- CLICK HERE to take action NOW!
Labels:
alternative currency,
Bill Ketron,
georgia,
legislation,
senate,
South Carolina,
Tennessee
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