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Submitted via IRC for TheMightyBuzzard
A bill recently introduced in Texas seeks to obliterate the Federal Reserve's much-maligned monopoly on currency by establishing gold and silver as legal tender — but the groundbreaking legislation, if passed, would also prohibit those precious metals from being seized by State authorities.
[...] Senator Bob Hall introduced the bill last month, which, the Tenth Amendment Center explains, "declares specifically that certain gold and silver coins are legal tender, and prohibits any tax, charge, assessment, fee, or penalty on any exchange of Federal Reserve notes (dollars) for gold or silver. The bill authorizes the payment of taxes and fees in gold & silver in certain circumstances. It would also prohibit the seizure of gold or silver by state authorities."
Would this matter in a nation where money is mostly plastic nowadays anyway?
Source: http://thefreethoughtproject.com/texas-bill-gold-silver-money-federal-reserve/
(Score: 2) by mcgrew on Sunday April 16 2017, @11:26PM (4 children)
No, creativity doe not depend on profit. Art is older than commerce, even if literature isn't. When robots can do almost everyone's jobs we will have to have a Star Trek economy. If there was no such thing as money, Niel DeFrasse Tyson would still be an astrophysicist. Scientists don't study science for money, they study science because they're curious.
Note that I and many other give books and music and films away for free. Creative people have no choice in the matter, it's a drive, just as Dr. Tyson was driven to learn.
mcgrewbooks.com mcgrew.info nooze.org
(Score: 2) by The Mighty Buzzard on Monday April 17 2017, @05:07PM (3 children)
Fact 1: If given the choice between being rewarded for their efforts and not, nearly every person on the planet will choose to be rewarded.
Fact 2: If your economic goals rest on fundamentally changing human nature, your goals are moronic.
My rights don't end where your fear begins.
(Score: 3, Informative) by urza9814 on Monday April 17 2017, @06:22PM
But that choice doesn't exist.
Here in the real world, the choice is often between giving it away for free and getting minimal rewards for minimal additional effort, vs expending a much, much larger amount of effort possibly for a larger reward, but most likely nothing.
It takes work to get a book published. It takes work to advertise a book and get copies sold. And there's no guarantee of a publisher being interested, there's no guarantee of customers being interested. Give it away for free instead, takes almost zero effort, and while you won't get paid you'll probably get some feedback and/or appreciation pretty quick.
Like changing it so that people can be instantly rewarded for their work with no additional effort? :)
(Score: 2) by mcgrew on Friday April 21 2017, @04:08PM (1 child)
There are rewards that have absolutely nothing to do with money. Scientists don't study science for the riches, they study science because they're curious. Musicians play music for the music. Writers write because they must, as do visual artists. The money is just icing on the cake, and today is necessary.
mcgrewbooks.com mcgrew.info nooze.org
(Score: 2) by The Mighty Buzzard on Friday April 21 2017, @08:27PM
Nothing you said contradicts what I said.
My rights don't end where your fear begins.