Go Back   Old Project Avalon Forum (ARCHIVE) > Project Avalon Forum > Project Avalon > Economy and Currency

Notices

Reply
 
Thread Tools Display Modes
Old 02-18-2010, 08:17 PM   #1
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Thumbs up South Carolina Lawmaker Seeks to Ban Federal Currency

February 17, 2010 4:34 PM

South Carolina Lawmaker Seeks to Ban Federal Currency

Posted by Brian Montopoli

South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state.

As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional substitution of Federal Reserve Notes for silver and gold coin" in South Carolina.

In an interview, Pitts told Hotsheet that he believes that "if the federal government continues to spend money at the rate it's spending money, and if it continues to print money at the rate it's printing money, our economic system is going to collapse."

Continues: http://www.campaignforliberty.com/wire.php?view=10495
peaceandlove is offline   Reply With Quote
Old 02-18-2010, 08:24 PM   #2
Shadowstalker
Avalon Senior Member
 
Join Date: Oct 2008
Location: Austin texas
Posts: 281
Default Re: South Carolina Lawmaker Seeks to Ban Federal Currency

If we could find the gold and silver to spread around then I am all for it,
Shadowstalker is offline   Reply With Quote
Old 02-19-2010, 07:48 AM   #3
Humble Janitor
Avalon Senior Member
 
Humble Janitor's Avatar
 
Join Date: Sep 2008
Posts: 3,201
Default Re: South Carolina Lawmaker Seeks to Ban Federal Currency

Does he realize how much it'll cost for gold and silver? Most ordinary people cannot afford the cost of gold alone.

Not very smart. It's sad to see southern lawmakers obsessed with this instead of the welfare of the people living there.
Humble Janitor is offline   Reply With Quote
Old 02-19-2010, 08:27 AM   #4
gibonos
Avalon Senior Member
 
gibonos's Avatar
 
Join Date: Nov 2009
Posts: 192
Default Re: South Carolina Lawmaker Seeks to Ban Federal Currency

@janitor

do you realize how gold and silver standard was done in the past?
just one example dime was 1/10 of an oz. of silver (about $1,6 today)

gibonos
gibonos is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 03:58 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Project Avalon