Montana Legislator wants to be paid in silver and gold

The Daily Inter Lake ^ | 8:08 am, Tue Nov 13, 2012. | By JIM MANN

[DeaconBenjamin]

Only so many dollars can be printed before they have no value

A trillion here, a trillion there, soon you're NOT talking real money.

[Winstons Julia]

http://www.youtube.com/watch?v=CirrRY_6aaU

[Wolfie]

He stipulates that he should be paid at their market values, currently $1,801 for the gold coin and $35.28 for the silver coin.

Sure, why not. It's only the taxpayers' money after all.

[wideawake]

This clown is unfit for office if this is his level of reading comprehension. if states want to issue their own money, it has to be gold or silver. US currency is legal tender in all states.

[Proud2BeRight]

Good luck trying to get paid in precious metals. There are places these days that don’t even accept cash regardless of the “This note is legal tender for all debts public and private” printed on it.

[pieceofthepuzzle]

At this point, I don’t think any elected official should be paid at all.

[pieceofthepuzzle]

At this point, I don’t think any elected official should be paid at all. They should be paying us. We’re the ones getting screwed.

[altsehastiin]

“This clown is unfit for office if this is his level of reading comprehension. if states want to issue their own money, it has to be gold or silver. US currency is legal tender in all states.”

Except, the same section prohibits the States from coining money, so it obviously can’t mean that...

[Carriage Hill]

Coming soon, for a loaf of bread:

[null and void]

At this point, I’d just about settle for a kiss.

[Marie]

If his salary is $1,801 every two weeks, then what does it hurt to give him a coin twice a month instead of cash? It’s the same value.

[aynrandfreak]

Until we get to hyper-inflation, he should have time to cash his check and use it to buy the gold himself

[5thGenTexan]

So the ruling class that exempts themselves from the consequences they subject us to want to be exempted from the consequences of dollar devaluation, too?

(Yes, I know this is a state legislator not a federal one, but still...)

[OneWingedShark]

This clown is unfit for office if this is his level of reading comprehension. if states want to issue their own money, it has to be gold or silver. US currency is legal tender in all states.

You are wrong.

US Constitution, Article I, Section. 10, Paragraph 1:
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

[elkfersupper]

He's making a point that gets press.

I agree with him that the dollar is worthless.

If I demanded to be paid in gold or silver, it wouldn't make news.

He did and his demand did. I'm calling this good naked truth.

[OneWingedShark]

Good luck trying to get paid in precious metals. There are places these days that don’t even accept cash regardless of the “This note is legal tender for all debts public and private” printed on it.

Offer in cash, when they say they won't take it, get it in writing, signed by a manager or somesuch (bonus points if you bring a notary), then walk away.

If/when they bring it up in court produce your document, claim that because they refused payment (as documented) you considered it a gift.

[OneWingedShark]

>So the ruling class that exempts themselves from the consequences they subject us to want to be exempted from the consequences of dollar devaluation, too?

Actually he’s said just the opposite (2), that he’s doing this to bring devaluation to light (1).

(1) — He does not want to be paid at the face value of $50 American Eagle gold coins or $1 silver American Eagle coins. He stipulates that he should be paid at their market values, currently $1,801 for the gold coin and $35.28 for the silver coin.
(2) — The country’s $16 trillion debt “is a warning sign we can only ignore at our peril,” he wrote. “It is very likely the bottom will fall out from under the U.S. dollar. Only so many dollars can be printed before they have no value.”

[Proud2BeRight]

I like your idea. Interestingly, the example I was thinking about is trying to purchase a meal with cash on a flight.

[BooBoo1000]

Hey get off of it, Jerry is a long time friend of mine, He is very well known for his actions to uphold the law both in State and Federal Cases. I say if Jerry is for it then it must be right. Go Get’m Jerry. Good Luck

[Cheapskate]

What part of "This note is legal tender for all debts public and private" don't you understand?

Why should the taxpayers pay to convert your ill-gotten gains?