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originally posted by: seentoomuch
a reply to: MrSpad
Show me the source for the graduation rankings you're quoting.
My Source Disagrees: www.washingtonpost.com...
And also, Texas owns the state universities. Also, Texas is known for moving in a forward direction so I believe if it has value to keep our gold here, we will. We'll expand it as needed which judging from current events we'll probably expand it on the drafting table and it will be built larger from the get go. The bill just opened the door.
What has happened in the Dallas district could provide one answer for the increase in graduation rates. A preliminary internal audit from the school district, obtained by The Dallas Morning News, showed that as many as “a quarter of the class of 2013” should not have earned diplomas, because of lacking documentation under so-called principal plans.
Over the last decade, more students earning high school diplomas are moving on to higher education, but the rate of students leaving college without degrees has either flatlined or increased since 2009. At two-year institutions, one of every three students fails to return for a second year.
originally posted by: FinalCountdown
a reply to: knightlight
The gold has been handed over to the ETs. Soon all of the rest will be confiscated and handed over.
Once all of the gold that could be mined and collected has been, Project Humans will be complete.
At that point we will no longer have the protection that we've enjoyed for the past 200,000 years or so.
originally posted by: xuenchen
originally posted by: Blackmarketeer
I was going to post this early on in this thread but then lost interest... mainly because the thread title contains a pretty large error - the gold is not being stored in a fed vault, it is being stored for Texas in a private vault at HSBC bank. The gold in question belongs to the Texas public employee fund for their university system. Honestly the only loser in this would be HSBC, but then Texas has to take on the liability for storing that much gold in a secure facility.
But the official Texas Governor's website says Federal Reserve.
originally posted by: Answer
originally posted by: buster2010
originally posted by: Answer
Can you blame the state of Texas?
Would YOU trust the federal government with your possessions?
This is the Federal Reserve not the Federal government. The Reserve is privately owned.
6 of one, half dozen of the other. If you honestly think the Federal Reserve doesn't answer to the Federal govn't and vice versa, I have a bridge and some water-front property to sell you.
originally posted by: jhn7537
a reply to: xuenchen
I'm sure they can request it, but it doesn't mean they will necessarily get it, right? Didn't Germany try to get some of their gold back recently too? By recent, I mean last couple years..
“Today I signed HB 483 to provide a secure facility for the State of Texas, state agencies and Texas citizens to store gold bullion and other precious metals. With the passage of this bill, the Texas Bullion Depository will become the first state-level facility of its kind in the nation, increasing the security and stability of our gold reserves and keeping taxpayer funds from leaving Texas to pay for fees to store gold in facilities outside our state."
originally posted by: VictorVonDoom
Time for a regime change! We need to liberate those unfortunate, oppressed Texans from their tyrannical government. I heard a nurse say that the Texas National Guard was going around to hospitals and killing babies. We have evidence that the governor of Texas has been stockpiling chemical weapons. Signs of mass graves have been spotted near the Rio Grande.
We need to do something! We should start with a no-fly zone over Texas.
originally posted by: sdcigarpig
When I read this, I went and looked at it. It is awaiting for the Gov approval, yet he has not signed it yet. It is still hanging in Bill limbo
Friday, June 12, 2015 • Austin, Texas • Signature Statement
Governor Greg Abbott today signed House Bill 483 (Capriglione, R-Southlake; Kolkhorst, R-Brenham) to establish a state gold bullion depository administered by the Office of the Comptroller. The law will repatriate $1 billion of gold bullion from the Federal Reserve in New York to Texas. The bullion depository will serve as the custodian, guardian and administrator of bullion that may be transferred to or otherwise acquired by the State of Texas. Governor Abbott issued the following statement:
Governor's website confirmation
originally posted by: pikestaff
Does gold produce interest on itself? who pays it?
I thought that gold just 'backed' paper money, the use of paper money created 'interest', am I missing something?