Originally posted by FortAnthem
He's trying to get rid of fiat currency in the US and move us back to real coinage with REAL VALUE! He probably has a snowball's chance but, I wish
him all the best on this one.
Nice trick, if it can be done...But I've seen a real upswing in how often I see those "sell your gold" commercials on TV. Check out what the
Constitution has to say in Article 1, Section 10, Clause 1:
No State shall... ...make any Thing but gold and silver Coin a Tender in Payment of Debts
See how those people smile big, when they say they sold their gold & hold up a big wad of Federal Reserve Notes!
Those Notes are
not
backed by gold or silver (& haven't been since the
Emergency Banking Relief Act). In essence,
too many people have been hoodwinked into believing that those Notes are worth anything, except as Certificates of Debt owed to the Federal Reserve
Bank, with interest.
It's not the fact that it's "fiat money" that makes it dangerous...It's the fact that it's not based on Gross National Production or backed by
anything else that has real inherent value (such as gold/silver/etc). Once the Banking Relief Act decoupled it from gold/silver, if it had just been
linked with our GNP, then you can bet your sweet bippy that the government wouldn't now be allowing our jobs & industries to be shipped overseas!
So, to prevent the government from continuing to over-borrow & overspend, do something like passing a Bill that would reduce their salaries according
to how much deficit they authorize would even keep the government's out-of-control
growth in check too.
As for the government's out-of-control
growth is concerned, I think
Thomas Jefferson said it best:
My reading of history convinces me that most bad government results from too much government.
Restore the Constitutional Limits on them, just as their
Oaths of Office (Article 2, Section 1,
Last Clause for POTUS; Article 6, Clause 3 for
all other Officers) have lawfully bound them.
The people in those commercials have have been duped into
not believing in the Constitution, the very
foundation of our National Law.
They'll probably wish they'd hung onto their gold when the Dollar collapses, since it's the Fed Res that's been engineering our economic collapse
for over 80 years...And making tremendous profit for themselves ("themselves" being predominantly representatives of foreign banking interests) by
"foreclosing" & "repossessing" goods that have
real, inherent value used against the loaning of their worthless scrip.
Yes, Federal Reserve Notes are nothing more (& nothing less) than Corporate Scrip!
There...I said it right out front, with no "contextual semantics" or "political spin-doctoring" to disguise the bare truth! And this is far from
the first time I've said it thus!
Originally posted by Zosynspiracy
Oh yeah let's have a bunch of private mints putting out hundreds of different coins and forms of money. That's a bright idea
Paul???????????
Actually, Article 1, Section 8, Clause 5 of the Constitution delegates to Congress the Power "To coin Money, regulate the Value thereof, and of
foreign Coin" & Article 1, Section 10, Clause 1 forbids the States from doing "coining" our money. It even limits the States to gold & silver for
lawful payment of debts. Yes, I would oppose numerous private mints too...They would all have to be strictly under the aegis of Congress, not owned
privately. After all, the Fed Res is a privately-owned "loan machine" already. The Fed Res already has
some competition though; Look up the
locations of Barter Exchanges in your area!
JFK tried to reign in the Fed Res already, but he wound up assassinated & his
gold/silver money was pulled out of circulation. The Banking Relief Act was Unconstitutional to begin with, because it set the Federal Reserve Notes
into a
monopoly in circulation...And forced onto the States as the
illegal monopoly in circulation.
Originally posted by FortAnthem
At least we could take private mints to court if they defraud customers.
If the Constitution is enforced by We the People, then the 1st Amendment gives us the recourse of the courts through the Right to Petition for Redress
of Grievances. Of course, the Constitution would have to be
strictly enforced on all Officers, regardless of Branch or level. The current
government ignores all duly Lawful Petitions & even delivers more suffering on those who have been issuing the Petitions.
Since at least 99% of the government Officers seem to ignore the terms & conditions of their Contract of Employment (ie: The US Constitution), then We
the People (as their Employers) are charged with the responsibility & duty to fire them! They are
not above the very same Law that created
their positions in the first place!