Ron Paul: South Carolina Approves Gold and Silver as Money
http://www.youtube.com/watch?v=7JgwItxKJvw
Back in February, CNN reported on the growing allure of the “shiny new currencies made of silver and gold" as over a dozen states across the nation contemplated an alternative currency. Fast forward two months into present day and the South Carolina House has given the go ahead to use gold and silver as real money.
http://www.wealthwire.com/news/metals/2967
For face value?
Is this another one of those meaningless bills with way too weak wording:
http://www.scstatehouse.gov/sess119_...8_20120330.htm
What do they really mean by:
So what does this mean exactly? Man I wish I had the chance to have a word with those writing these bills.Section 1-1-1110. For the purposes of this article:
(1) 'Gold and silver coin' means all gold and silver coin as are allowable for a state to:
(a) make a tender in payment of debts under the authority reserved to the several states in Article I, Section 10, Clause 1 of the Tenth Amendment to the Constitution of the United States; or
(b) employ as its own media of exchange in the performance of its sovereign governmental functions.
This part gives me a bit of hope though that it might not be as weak:
(D) If by its terms a debt requires payment in some medium of exchange other than gold or silver coin, or both, the parties to the debt may mutually agree to payment of it with gold or silver coin, or both, at a rate of exchange between the other medium of exchange originally stipulated in the debt and gold or silver coin, or both, as the parties find to be appropriate and formally memorialize in an addendum to the debt. In any case or controversy involving the enforcement of a debt as so modified, the courts of this State shall specifically enforce payment in gold or silver coin, or both, according to the terms of the addendum.
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right, tend to be unwilling or unable to accept blame )
I speculate this means it's up to the terms of the contract how they're valued.(C) If by its terms a debt requires payment in gold or silver coin, or both, then the only allowable medium of exchange for payment of it is gold or silver coin, or both, as the debt stipulates. In any case or controversy involving the enforcement of a debt, the courts of this State shall specifically enforce payment in gold or silver coin, or both.
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right, tend to be unwilling or unable to accept blame )
Originally Posted by InTradePro
W00t for GunnyFreedom....
Around that same time last year, North Carolina Republican Representative Glen Bradley addressed the issue in a currency bill demanding protection from hyperinflation, depression and other financial blunders brought on by the “breakdown of the Federal Reserve” in lieu of the Constitution banning states from printing their own paper money and/or issuing their own currency.
...
I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:
Tin Foil Hats, Economic Reality and the Total Perspective Vortex
Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's HR 1098: Free Competition in Currencies Act?
Why do these suckers want gold & silver as legal tender, they didn't even support the ONLY presidential candidate that wants to bring back gold & silver to the entire country
There is enormous inertia — a tyranny of the status quo — in private and especially governmental arrangements. Only a crisis — actual or perceived — produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes politically inevitable
- Milton Friedman
South Carolina - We like gold & silver, but if you even mention the golden rule...
"It's probably the biggest hoax since Big Foot!" - Mitt Romney 1-16-2012 SC Debate
Because they want real money but also want unlimited wars. So they want to use real money to pay for their wars.Why do these suckers want gold & silver as legal tender, they didn't even support the ONLY presidential candidate that wants to bring back gold & silver to the entire country
They really really really want wars. That is why.
Last edited by nobody's_hero; 04-10-2012 at 09:20 PM.
If something bad happens, we will be blamed. If something good happens, we will get no credit. If nothing happens, we will be forgotten.
They honestly believe it's more important to kill maximum brown people and prevent fags from marrying than it is to repair the economy.Why do these suckers want gold & silver as legal tender, they didn't even support the ONLY presidential candidate that wants to bring back gold & silver to the entire country
Fuck, Perry said we should go BACK into Iraq and people cheered him for it.
Huzzah!Around that same time last year, North Carolina Republican Representative Glen Bradley addressed the issue in a currency bill demanding protection from hyperinflation, depression and other financial blunders brought on by the “breakdown of the Federal Reserve” in lieu of the Constitution banning states from printing their own paper money and/or issuing their own currency.
I'm guessing there are still some forum members who do not know that is me.
Thanks for the shout out!
“In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.” ~ Samuel Langhorne Clemens
Glen Bradley for Vice Chairman of the North Carolina Republican Party
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