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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 TheRaven on Monday April 17 2017, @09:51AM (4 children)
sudo mod me up
(Score: 2) by mcgrew on Friday April 21 2017, @04:13PM (3 children)
You don't need bail unless you're arrested for a crime.
Carbon, The only element in the known universe to ever gain sentience
(Score: 2) by TheRaven on Friday April 21 2017, @04:38PM (2 children)
sudo mod me up
(Score: 2) by mcgrew on Saturday April 22 2017, @09:57PM (1 child)
No, it isn't. I've been arrested twice and never went to court. Charges dropped both times (I was actually the victim both times and the cops screwed up).
Carbon, The only element in the known universe to ever gain sentience
(Score: 2) by TheRaven on Sunday April 23 2017, @12:09PM
sudo mod me up