Thomas Jefferson, Opinion on the Constitutionality of the Bill for Establishing a National Bank

Hamilton justified the bank by broadly construing the constitutional powers of Congress. Jefferson, however, rejected Hamilton’s argument by claiming that the ratified Constitution created a federal government that was strictly limited in its political and financial power.

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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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