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 [...]
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 [...]
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 [...]
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 [...]
Take seven minutes and listen to an excerpt from the debate on the sound money bill in Missouri. Rep. Paul Curtman explains the issue patiently to a fellow Representative who has a great deal to learn about economics and monetary policy.
On Thursday, HB1637, the Missouri Sound Money Act passed the House, making Missouri one of two states with a sound money still alive in 2012. South Carolina is the other, and is scheduled to vote on their bill next week. The bill simply adds gold and silver as legal tender alongside Federal Reserve notes, giving [...]
Action Alert for Constitutional Tender! MISSOURI Missouri House Bill 1637 (HB1637), the Missouri Sound Money Act, has been released from the Rules Committee and is scheduled for debate on the House floor this week. The bill states, in part: Gold and silver issued by the federal government is legal tender in this state. A person [...]
On February 29th, Federal Reserve Chairman Ben Bernanke sat in front of his longtime nemesis, Rep. Ron Paul and testified on behalf of the Federal Reserve, attempting to justify the Fed’s monetary policy. During the testimony, congressman Paul did something unusual. He reached into his pocket and pulled out a United States minted silver eagle. [...]
The list of states introducing sound money legislation continues to grow. The Missouri Sound Money Act of 2012 was introduced by Representative Paul Curtman as HB1637 and has been assigned to the House Ways and Means Committee. The bill seeks to make law, among other things, the following: “Gold and silver issued by the federal [...]
Idaho has become the third state to introduce sound money legislation in the last 12 months. Idaho HB430 was recently introduced by Rep. Phil Hart which declares: “”Gold and silver coin” means all such “gold and silver Coin” as are allowable for a state (a) to “make …a Tender in Payment of Debts” under the [...]
Dr. Dan Eichenbaum, congressional candidate in North Carolina’s 11th District speaking at the 1st Annual 10th Amendment Summit held in Atlanta, GA on Feb 25 & 26 2010.
Introduced by Rep. Lenore Barrett in the Idaho State House yesterday is House Bill 622 (H0622), the Constitutional Tender Act. If passed, the act would make law that: the state shall neither compel nor require any person to recognize, receive, pay out, deliver, promise to pay or otherwise use or employ any thing but gold [...]
Imagine my shock upon opening the Drudge Report this morning and seeing this article from CBSNews.com: South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state. In an interview, Pitts told Hotsheet that he believes that “if the federal government [...]