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07-11-2010, 04:47 PM #1
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One man is still trying and stands alone.
We just saw the bill to audit the feds being shot down with 320 cosponsors...truly remarkable. Ron Paul is doing all he can to wake people up to the plight of the dollar. But few are interested...YET. Here is another bill that has only ONE sponsor Ron Paul...proof that the feds have no interest in helping America to stop the inflation.
I wish the Tea Party would take one step further and not only want taxes overhauled but ask that our financial structure also be overhauled. The Federal Reserve must be rained in.
H.R. 4248: Free Competition in Currency Act of 2009
12/9/2009--Introduced.
Free Competition in Currency Act of 2009 - Repeals the federal law establishing U.S. coins, currency, and reserve notes as legal tender for all debts, public charges, taxes, and dues. Prohibits any tax on any coin, medal, token, or gold, silver, platinum, palladium, or rhodium bullion issued by a state, the United States, a foreign government, or any other person. Prohibits states from assessing any tax or fee on any currency or other monetary instrument that is used in interstate or foreign commerce and that has legal tender status under the Constitution. Repeals provisions of the federal criminal code relating to uttering coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. Abates any current prosecution under such provisions and nullifies any previous convictions.
http://www.govtrack.us/congress/bill.xp ... ab=summary
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07-11-2010, 05:33 PM #2
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PEOPLE THINK HE IS CRAZY... I DON'T...
[size=150][color=red][b]"...Historically, legal tender laws have been used by governments to force their citizens to accept debased and devalued currency. Gresham's Law describes this phenomenon, which can be summed up in one phrase: bad money drives out good money. An emperor, a king, or a dictator might mint coins with half an ounce of gold and force merchants, under pain of death, to accept them as though they contained one ounce of gold. Each ounce of the king's gold could now be minted into two coins instead of one, so the king now had twice as much “moneyâ€
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