Oklahoma Reaffirms Gold and Silver As Legal Tender Under New Law

OKLAHOMA CITY, June 11, 2014 – Oklahoma Gov. Mary Fallin has signed a bill into law that declares gold and silver as legal tender within the state. Signed last week, Senate Bill 862 (SB862) was introduced by Sen. Clark Jolley and Rep. Gary Banz, with co-sponsorship from Sen. Natham Dahm. It reads, in part: Gold…

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Monetary Reform: A State or Federal Government Solution?

Slowly but surely, monetary reform and the need to rein in the Federal Reserve is pushing into the American conscience. Forbes magazine contributor, Ralph Benko published an op-ed piece this week in which he claims that the next big political issue will be, as he puts it, following the “shrinking” money. He writes, “Americans feel their dollars shrinking. We don’t like it. And we are groping for a way to stop it.” Mr. Benko believes that this issue can re-unite the Republican Party by addressing common concerns of the Tea Party and establishment Republicans.

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So They Audit The Fed. Then What?

Let’s say for the moment that the Senate follows the House’s lead and calls for a full audit of the Federal Reserve. Let’s also dream that President Obama signs it. What are the consequences?

Rumors are, for decades the Federal Reserve has been engaged in the highest form of crony capitalism, big bank favoritism, purchase of politicians, nation building, and the bailout of foreign banks, corporations and governments.  If this is found to be true, it will add to the growing awareness of the Federal Reserve’s other nefarious activities. These include the fact the Fed and its debt-based fiat monetary system is confiscating the wealth of this nation and concentrating it in the hands of a few powerful interests. Not to mention the Fed’s money printing which enables the TSA, NSA, EPA, FDA, NEA, and USDA to unconstitutionally regulate our liberties into oblivion. Indeed, an audit could be the tipping point, generating enough public outcry to finally “end the Fed.”

It begs the question, “What’s next?”

The Federal Reserve Note is the officially recognized currency of the land, having long ago usurped the constitutional dollar as our monetary unit. The Federal Reserve system, like it or not, is responsible for insuring the flow of credit and currency around the nation and the world. Should the decision be made to end the Fed, it would take years to unwind its tentacles from the global economy and to replace Federal Reserve Notes with another currency.

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11th Hour Missouri Sound Money Action Needed!

Liberty loving Missouri citizens, Senators, and Representatives continue to battle for sound money.  House Bill 1637 (HB1637) states, in part:  “The Missouri Sound Money Act of 2012 is established which changes the laws regarding legal tender as follows: (1) Specifies that gold and silver issued by the federal government is legal tender in Missouri;” After…

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Missouri Sound Money Act – Urgent Action Needed!

The fate of sound money in Missouri may be determined in a meeting tonight of Senate leadership.

In April, HB1637 passed the House by a 95 to 37 margin.  Now however, the Missouri Senate is locked in a budget battle with the 2012 session slated to conclude on May 18.  Despite the focus on budget issues, the bill passed the Senate Ways and Means Committee unanimously this morning.

HB1637 simply states:  “The Missouri Sound Money Act of 2012 is established which changes the laws regarding legal tender as follows: (1) Specifies that gold and silver issued by the federal government is legal tender in Missouri;”

However, it seems as though Senate leadership may need some encouragement to let this “controversial” bill be heard this session.  Urgent action is needed.  If you live in the state of Missouri, please call and email Senate leadership, in particular Senator’s Tom Dempsey and Robert Mayer.   It’s do or die time for constitutional tender in Missouri.  NOW is the time to keep momentum on this vital issue spreading across our nation!

ACTION ITEM

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Utah Expands Legal Tender in the State

In 2011, Utah was the first state in over 80 years to pass a law making gold and silver coin legal tender.  Its passage sparked articles in the New York Times, The Los Angeles Times, The Washington Post and a host of major internet news sources.  After decades of obscurity, Utah’s historic measure put sound money back on the map.  Not satisfied to rest on their laurels, Utah passed a companion bill in the 2012 session, and it was signed by Governor Herbert.

The bill clarifies several tax measures and more importantly, expands the available specie to include gold and silver coin approved by the state.

Gold or silver coin or bullion, other than gold or silver coin that is issued by the United States, is considered to be specie legal tender and is legal tender in the state if:

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