The Tennessee legislature is now considering bills to restore gold and silver as sound money! Rep. Ron Gant introduced HB212 and Sen. Dolores Gresham introduced the companion bill, SB333 in late January. If passed, gold and silver would be restored to legal tender and exempt from the state’s sales and use tax.
West Virginia, Wyoming, and Arizona also have sound money legislation pending. However, New American writer Joe Wolverton knows the hypocrisy
of it all: “To be honest, such bills should be unnecessary.” Article I, Section 10 of the U.S. Constitution states: “No State shall...make any Thing but gold and silver Coin a Tender in Payment of Debts.”
And he is exactly right!
Since the beginning of the Federal Reserve in 1913, America has strayed far from its constitutional roots, while the Federal Reserve secured control over our monetary system. Want to learn more about this encroaching world banking system? G. Edward Griffin masterfully exposes our international banking cartel in the book, “The Creature from Jekyll Island.”
He correctly explains how the Federal Reserve has been the instrument of totalitarianism:
The Federal Reserve is the starting point of the pessimistic scenario. The chain of events begins with fiat money created by a central bank, which leads to government debt, which causes inflation, which destroys the economy, which impoverishes the people, which provides an excuse for increasing government power, which is an on-going process culminating in totalitarianism. Eliminate the Federal Reserve from this equation, and the pessimistic scenario ceases to exist.
Representative Thomas Massie (R-Ky.) is on a mission to do just that. In January, he introduced H.R. 24
to audit the Federal Reserve. This overpowering zealous system has deflated the value of the dollar bill, bailed out big U.S. banks as well as foreign banks, and for the sake of America’s future must be exposed! Mr. Massie believes that the American people deserve better:
Behind closed doors, the Fed crafts monetary policy that will continue to devalue our currency, slow economic growth, and make life harder for the poor and middle class. It is time to force the Federal Reserve to operate by the same standards of transparency and accountability to the taxpayers that we should demand of all government agencies.
Then, phone your Representative (202-225-3121) and two U.S. Senators (202-224-3121) and ask them to co-sponsor and vote to pass H.R. 24 in the House of Representatives and to introduce an identical companion bill in the Senate in order to authorize a real audit of the secretive Federal Reserve System. Follow up by emailing your congressmen.