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Showing posts from March 4, 2011

Wow, Utah bill could allow citizens to use gold and silver as legal tender!

Although not the first of it's kind, it is apparently the most likely to succeed.  Fox News reports something that makes me very excited and very hopeful over a remarkable opportunity that not only allows the States to flex their 10th Amendment rights, but literally pioneer a movement that could usher in stability and competition in the world!  In Utah considers return to gold, silver coins : The Utah House was to vote as early as Thursday on legislation that would recognize gold and silver coins issued by the federal government as legal currency in the state. The coins would not replace the current paper currency but would be used and accepted voluntarily as an alternative. The bill cleared a state legislative committee on Wednesday, the first of 11 similar bills in statehouses across the country to do so. If the bill clears the House, it would have to pass the Senate before the governor could sign it into law.  Critics of the gold standard say it limits countries' cont