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Posts Tagged ‘Sound Money’

Ron Paul – Texas Straight Talk – 7/11/2011

July 11, 2011 Leave a comment

Posted on: Daily Paul

Posted on YouTube by minnesotachris on July 10, 2011

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Congressman Ron Paul has introduced legislation to restore constitutionally sound money. Full transcript coming soon!

 

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North Carolina Legislator says the state needs its own currency

March 20, 2011 Leave a comment

Legislator says the state needs its own currency
By Michael Biesecker, Staff Writer
March 20, 2011

RALEIGH — Cautioning that the federal dollars in your wallet could soon be little more than green paper backed by broken promises, state Rep. Glen Bradley wants North Carolina to issue its own legal tender backed by silver and gold.

Read the full story @ http://www.newsobserver.com/2011/03/17/1059132/legislator-says-the-state-needs.html

Ron Paul vs. the Federal Reserve

January 10, 2011 Leave a comment

Ron Paul vs. the Federal Reserve
By: Strappado Wrack
January 10, 2011

Ron Paul states the obvious in the Congressional Record.

“Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state. It is time for Congress to put the interests of the American people ahead of the special interests and their own appetite for big government.

Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy. The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency. The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank. Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy”.

Read the full story @ RightSideNews.com

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