Gold and Silver Approved as Legal Tender by Arizona Senate

Arizona, you have not done a thing without establishing a state mint and producing coins yourselves.

The fed will just stop coining gold and silver- then what? Your forced to use the paper. Seems you did not think this through.Also, after you do coin real money, you need to establish all fed taxes must ONLY be paid in Paper dollars - that the gold and silver coin must stay in the states as the peoples money.

Do that and you will really have done something- anything less is a paper tiger.

I'm forward this to my state's legislators. Thanks!

Right on, Arizona! The paper money machine called the Federal Reserve means that government no longer has to be accountable to the People by coming to us for taxes to finance warfare and welfare; it can just print and spend, and tax us indirectly through a depreciate currency. The Founders knew all the evils of "bills of credit" and prohibited the States to issue them or make them legal tender. The federal government, of course,does not even have authority to enfranchise banks, let alone a monopolistic central bank issuing private notes for government debt. We are on the road to ruin through endless federal spending and monetized debt. Unless and until we return to gold/silver backed currencies, we are doomed to economic collapse. Thank God for Arizona!

How can Utah and Arizona have such intelligent state legistatures but the people of those states continue to elect travesties like Hatch and Songbird McCain?

I would suggest those who are unfamiliar, as many now living are, with gold and silver being "real money" and not "currency", to read; "The Theory of Money and Credit by Ludwig Von Mises" here is a link to the free PDF of the book. You can start in Chapter 23: "Return to Sound Money"

http://library.mises.org/books/Ludwig%20von%20Mises/The%20Theory%20of%20Money%20and%20Credit.pdf

Here is what I just sent to our two AZ State Representatives of our District:

Gentlemen, voting yes on the above referenced proposed legislation, SB1439, is essential. By passing this legislation the state has a bottom up opportunity to tell the country that it will as a state follow the Constitution. First: "The United States Constitution states in Article I, Section 10, “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” The Constitutional tender act is a big step towards that constitutional requirement which has been ignored for a long time in every state of the country. Such a tactic would achieve the desired goal of abolishing the Federal Reserve system by attacking it from the bottom up – pulling the rug out from under it by working to make its functions irrelevant at the State and local level." Please note an additional concept specifically included in Article 1, Section 10, it is in larger font and bold. Here is the full paragraph: "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility." The Congress was the entity which that same Constitution requires the Congress to be in charge of Money. Money is capitalized in the Constitution and did not have any other meaning than that of gold and silver, until 1913! The Founders were limiting the coining of money to the Federal government alone! They also forbade any THING else to be legal tender but gold and silver. Thus they forbade coining Money to the states and also making any Thing else a substitute. In fact the Congress was specifically charged to regulate the Value of US coins and Foreign coins, and to fix the Standard of Weights and Measure of the gold and silver used to coin Money.  Why capitalize the words, Thing and Money and Value? Why did they do that if the Federal Government was not also bound by the same two options? These two Sections have never been repealed through the amendment process. They have been ignored by the three branches of government.  Here is the additional pertinent language:

Article 1, Section 8

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; To borrow Money on the credit of the United States; To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes; To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"

The bankers brought us here so that we could be under their domain. The Federal Reserve Bill was written by bankers and passed by Congress in December of 1912! Can you say vacation time? Inflation is another tax, to everyone but especially those who have limited assets. Since 1913 we have had tons of inflation, such that Congress has ordered the way statistics like the CPI-U are calculated (John Williams@ http://www.ShadowStats.com). Please strike a blow for the people and the Constitution and the effective nullification of the Federal Reserve which has brought us here. Vote YES on SB1439. Thank you,

Soon, we'll have to go directly to the dairy farmer to purchase a gallon of milk, and the price will be 5 .223 rounds.

Even though Im in favor of the use of gold instead of printed money in principle, one of the problems I see is that the value of cash is not based on that of gold. Rather, the value of gold is largely based on the value of cash.  The quantity of gold has not changed and does not really change, yet we will see fluctuations in its price based on other more trivial things.  All we are doing is using gold to represent cash, which is itself faith-based and economically-based... this defeats the purpose in my opinion.

Something else comes to mind. This is going to create a lot of problems for businesses.  Would they be allowed to refuse payment in gold if they so choose?  If its legal tender then probably not.  Dont you see why this is bad?  Now companies are going to have to make it possible to accept gold: They will have to be able to measure it out, verify its purity, so on.  The difficulty in doing this is precisely why the government-stamped coinage came about in the first place.