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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 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.
Carbon, The only element in the known universe to ever gain sentience
(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.