Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Sunday, February 21, 2010

SC State Republican Rep. Wants to Ban Money

By Dave

For reals:
South Carolina will no longer recognize U.S. currency as legal tender, if State Rep. Mike Pitts has his way.
Pitts, a fourth-term Republican from Laurens, introduced legislation earlier this month that would ban what he calls “the unconstitutional substitution of Federal Reserve Notes for silver and gold coin” in South Carolina.
If the bill were to become law, South Carolina would no longer accept or use anything other than silver and gold coins as a form of payment for any debt, meaning paper money would be out in the Palmetto State.
Pitts said the intent of the bill is to give South Carolina the ability to “function through gold and silver coinage” and give the state a “base of currency” in the event of a complete implosion of the U.S. economic system.
“I’m not one to cry ‘chicken little,’ but if our federal government keeps spending at the rate we’re spending I don’t see any other outcome than the collapse of the economic system,” Pitts said.
Holy crap! .... this guy is on his fourth-term! Do people in South Carolina actually check who they are electing or do they just draw names out of a hat? Sheesh

South Carolina: please do this! Also please send me all of your worthless Federal Reserve notes so that I may dispose of them properly.

H/T LGF

Saturday, January 16, 2010

Something We Can All Get Behind

By Wade

From a White House mass e-mail:

Yesterday, President Obama announced our proposed Financial Crisis Responsibility Fee on the country's largest banks:

"My commitment is to recover every single dime the American people are owed. And my determination to achieve this goal is only heightened when I see reports of massive profits and obscene bonuses at some of the very firms who owe their continued existence to the American people...We want our money back, and we're going to get it."

Here's where you can add your name to the list and then donate afterwards, should you so desire.