Liberty MavenRon Paul holds hearing on legalizing competition in currencies
September 24th, 2011 1:43 pm | by Mike Miller | Published in congress, law, Liberty, Market Regulation, Money, Politics, Rand Paul | 13 Responses
From Chris Powell of the Gold Anti-Trust Action Committee comes the news:
Last week U.S. Rep. Ron Paul, R-Texas, chairman of the House Subcommittee on Domestic Monetary Policy and Technology, held a hearing on his proposed Free Competition in Currency Act of 2011 (H.R. 1098), which would repeal legal tender laws, restrictions on private mints, and taxes on gold and silver, since such taxes interfere with the metals’ circulation as money. Testifying were the executive director of the Foundation for the Advancement of Monetary Education, Lawrence M. Parks, and George Mason University Economics Professor Lawrence H. White. Video of the hearing is not quite an hour long and you can watch it here:
The full text of the legislation is simple and concise and can be found here:
http://www.govtrack.us/congress/billtext.xpd?bill=h112-1098
The legislation would seem to legalize the Liberty Dollar coins whose issuer recently was convicted on vague charges in federal court in North Carolina. Professor White quotes New York Sun editor and Wall Street Journal contributor Seth Lipsky to the effect that it doesn’t make much sense to suppress private money that is sound to protect money that is unsound.
Unfortunately the Free Competition in Currency Act has no co-sponsors and its introduction and this week’s hearing seem to be mainly an educational exercise. But that’s where everything starts.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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September 24th, 2011 at 4:20 pm (#)
Ron Paul is fresh air in a very stale room. His ideas for real change are young and deep. The old dinosaurs of the disasters that have made this great country sick as a dog will fight their extinction. Well, it is time for the mammals to rule – those reptiles had 63 million years and believe they will live forever. Time for real change based on principle. They all say we can't. But yes we can!
September 25th, 2011 at 1:26 am (#)
The money is the problem. When are people going to wake up? Money either serves the interest of the public at large or benefits the few who control it. Of course passing legislation this groundbreaking will be a tall order. Keep fighting the good fight Dr. Paul.
Bernard Von Nauthaus is a patriot! The two Amicus Brief documents filed by GATA on behalf of Nauthaus are masterpieces. The are perhaps the most coherent defense of constitutional money ever assembled. Read it here.
May 18, 2011 – Motion for leave to file First Amicus Brief http://www.libertydollarnews.org/2011june/1_june_…
May 31, 2011- First Amicus Brief http://www.libertydollarnews.org/2011june/2_june_…
June 10, 2011 – DOJ Response http://www.libertydollarnews.org/2011june/3_june_…
June 17, 2011 – Second Amicus Brief http://www.libertydollarnews.org/2011june/4_june_…
Amazing stuff.
September 25th, 2011 at 1:26 am (#)
The money is the problem. When are people going to wake up? Money either serves the interest of the public at large or benefits the few who control it. Of course passing legislation this groundbreaking will be a tall order. Keep fighting the good fight Dr. Paul.
Bernard Von Nauthaus is a patriot! The two Amicus Brief documents filed by GATA on behalf of Nauthaus are masterpieces. The are perhaps the most coherent defense of constitutional money ever assembled. Read it here.
May 18, 2011 – Motion for leave to file First Amicus Brief http://www.libertydollarnews.org/2011june/1_june_…
May 31, 2011- First Amicus Brief http://www.libertydollarnews.org/2011june/2_june_…
June 10, 2011 – DOJ Response http://www.libertydollarnews.org/2011june/3_june_…
June 17, 2011 – Second Amicus Brief http://www.libertydollarnews.org/2011june/4_june_…
Amazing stuff.
September 25th, 2011 at 1:26 am (#)
The money is the problem. When are people going to wake up? Money either serves the interest of the public at large or benefits the few who control it. Of course passing legislation this groundbreaking will be a tall order. Keep fighting the good fight Dr. Paul.
Bernard Von Nauthaus is a patriot! The two Amicus Brief documents filed by GATA on behalf of Nauthaus are masterpieces. The are perhaps the most coherent defense of constitutional money ever assembled. Read it here.
May 18, 2011 – Motion for leave to file First Amicus Brief http://www.libertydollarnews.org/2011june/1_june_…
May 31, 2011- First Amicus Brief http://www.libertydollarnews.org/2011june/2_june_…
June 10, 2011 – DOJ Response http://www.libertydollarnews.org/2011june/3_june_…
June 17, 2011 – Second Amicus Brief http://www.libertydollarnews.org/2011june/4_june_…
Amazing stuff.
September 25th, 2011 at 1:26 am (#)
The money is the problem. When are people going to wake up? Money either serves the interest of the public at large or benefits the few who control it. Of course passing legislation this groundbreaking will be a tall order. Keep fighting the good fight Dr. Paul.
Bernard Von Nauthaus is a patriot! The two Amicus Brief documents filed by GATA on behalf of Nauthaus are masterpieces. The are perhaps the most coherent defense of constitutional money ever assembled. Read it here.
May 18, 2011 – Motion for leave to file First Amicus Brief http://www.libertydollarnews.org/2011june/1_june_…
May 31, 2011- First Amicus Brief http://www.libertydollarnews.org/2011june/2_june_…
June 10, 2011 – DOJ Response http://www.libertydollarnews.org/2011june/3_june_…
June 17, 2011 – Second Amicus Brief http://www.libertydollarnews.org/2011june/4_june_…
Amazing stuff.
September 25th, 2011 at 1:26 am (#)
The money is the problem. When are people going to wake up? Money either serves the interest of the public at large or benefits the few who control it. Of course passing legislation this groundbreaking will be a tall order. Keep fighting the good fight Dr. Paul.
Bernard Von Nauthaus is a patriot! The two Amicus Brief documents filed by GATA on behalf of Nauthaus are masterpieces. The are perhaps the most coherent defense of constitutional money ever assembled. Read it here.
May 18, 2011 – Motion for leave to file First Amicus Brief http://www.libertydollarnews.org/2011june/1_june_…
May 31, 2011- First Amicus Brief http://www.libertydollarnews.org/2011june/2_june_…
June 10, 2011 – DOJ Response http://www.libertydollarnews.org/2011june/3_june_…
June 17, 2011 – Second Amicus Brief http://www.libertydollarnews.org/2011june/4_june_…
Amazing stuff.
September 25th, 2011 at 1:26 am (#)
The money is the problem. When are people going to wake up? Money either serves the interest of the public at large or benefits the few who control it. Of course passing legislation this groundbreaking will be a tall order. Keep fighting the good fight Dr. Paul.
Bernard Von Nauthaus is a patriot! The two Amicus Brief documents filed by GATA on behalf of Nauthaus are masterpieces. The are perhaps the most coherent defense of constitutional money ever assembled. Read it here.
May 18, 2011 – Motion for leave to file First Amicus Brief http://www.libertydollarnews.org/2011june/1_june_…
May 31, 2011- First Amicus Brief http://www.libertydollarnews.org/2011june/2_june_…
June 10, 2011 – DOJ Response http://www.libertydollarnews.org/2011june/3_june_…
June 17, 2011 – Second Amicus Brief http://www.libertydollarnews.org/2011june/4_june_…
Amazing stuff.
September 25th, 2011 at 1:34 am (#)
Liberty Dollars may be subject to seizure
Federal officials call medallic pieces ‘contraband’
Unbelievable! http://www.coinworld.com/articles/liberty-dollars…
September 25th, 2011 at 1:34 am (#)
Liberty Dollars may be subject to seizure
Federal officials call medallic pieces ‘contraband’
Unbelievable! http://www.coinworld.com/articles/liberty-dollars…
September 25th, 2011 at 1:34 am (#)
Liberty Dollars may be subject to seizure
Federal officials call medallic pieces ‘contraband’
Unbelievable! http://www.coinworld.com/articles/liberty-dollars…
September 25th, 2011 at 1:34 am (#)
Liberty Dollars may be subject to seizure
Federal officials call medallic pieces ‘contraband’
Unbelievable! http://www.coinworld.com/articles/liberty-dollars…
September 25th, 2011 at 1:34 am (#)
Liberty Dollars may be subject to seizure
Federal officials call medallic pieces ‘contraband’
Unbelievable! http://www.coinworld.com/articles/liberty-dollars…
September 25th, 2011 at 1:34 am (#)
Liberty Dollars may be subject to seizure
Federal officials call medallic pieces ‘contraband’
Unbelievable! http://www.coinworld.com/articles/liberty-dollars…