The hearing, entitled “Road Map to Sound Money: A Legislative Hearing on H.R. 1098 and Restoring the Dollar,” was held on Tuesday, September 13, at 2:00 p.m. in Room 2128 of the Rayburn House Office Building.
Dr. Lawrence M. Parks, Executive Director, Foundation for the Advancement of Monetary Education
Dr. Lawrence H. White, Professor of Economics, George Mason University
H.R. 1098, the Free Competition in Currency Act of 2011, would allow competitive free market forces to provide sound money through choice in currency. The bill repeals federal legal tender laws, repeals restrictions on private mints, and repeals taxes on gold and silver which prevent them from circulating as forms of payment. The hearing will discuss the need for and efficacy of sound money, the means by which sound money can be achieved through measures such as H.R. 1098, and the constitutional role of government in money.
“For too long the Federal Reserve has exercised a monopoly on currency issuance,” Chairman Paul stated. “The result, predictably, has been an increasingly devalued dollar. We have been experimenting with a pure fiat currency system nationally and internationally for 40 years, and it has been proven unsound and unsustainable. Our fiat system helped create the massive debt crisis we find ourselves in, and has eroded the purchasing power of every American. The American people deserve to have a choice of currencies to protect themselves and their families from the poor decisions of government. Serious monetary reform is needed, and this hearing is the first step towards addressing this crucial issue. I am pleased that the subcommittee will be examining ways to return to sound money,” Paul continued.
Are you looking for Solutions for America in Distress
You are in the right place to find out about what is really going on behind the scenes in the patriot movement in America, including solutions from Oathkeepers, Anna Von Reitz, Constitutional Sheriffs, Richard Mack, and many more people who are leading the charge to restore America to freedom and peace. Please search on the right for over 5100 articles.
You will find some conflicting views from some of these authors. You will also find that all the authors are deeply concerned about the future of America. What they write is their own opinion, just as what I write is my own. If you have an opinion on a particular article, please comment by clicking the title of the article and scrolling to the box at the bottom on that page. Please keep the discussion about the issues, and keep it civil. The administrator reserves the right to remove any comment for any reason by anyone. Use the golden rule; "Do unto others as you would have them do unto you." Do not attempt to comment using the handle "Unknown" or "Anonymous". Your comment will be summarily deleted. Additionally we do not allow comments with advertising links in them for your products. When you post a comment, it is in the public domain. You have no copyright that can be enforced against any other individual who comments here! Do not attempt to copyright your comments. If that is not to your liking please do not comment. Any attempt to copyright a comment will be deleted. Copyright is a legal term that means the creator of original content. This does not include ideas. You are not an author of articles on this blog. Your comments are deemed donated to the public domain. They will be considered "fair use" on this blog. People donate to this blog because of what Anna writes and what Paul writes, not what the people commenting write. We are not using your comments. You are putting them in the public domain when you comment. What you write in the comments is your opinon only. This comment section is not a court of law. Do not attempt to publish any kind of "affidavit" in the comments. Any such attempt will also be summarily deleted.
Friday, September 16, 2011
Everything in this bill is EVIL to the core. That is why they wouldn't let anybody see what was in it before it was passed. This can NOT stand. This IS NOT THE LAW because it flies in the face of the US Constitution. This so called law is NULL and VOID on the face of it.
When the government tries to enforce this it will cause a civil war in America.
LEGAL NOTICE: The Authors specifically invoke the First Amendment rights of freedom of speech and of the press, without prejudice (UCC 1-308), on this website. The information posted on this website is published for informational purposes only under the rights guaranteed by the First Amendment of the Constitution for the United States of America. Images, text and logic are copyright protected. ALL rights are explicitly reserved without prejudice, and no part of this website may be reproduced unless by written consent. You hereby have written consent to post any individual post from this website containing this copyright to any other blog or email only if you post the whole and unaltered article including this copyright, and give proper credit to the author, and a link back to this blog at http://www.paulstramer.net/. This applies only to articles written by Paul Stramer. ©2005-2011 by Montana Business Communications (PDS) All rights remain in force. Removing this notice forfeits all rights to recourse. Copyright strictly enforced © The videos are third party and not covered by this legal notice.