Posted on 05/04/2021 9:26:00 AM PDT by Dick Bachert
How nice! After nearly a century of VIOLATING THE CONSTITUTION, a few states may have figured out how the scam to enslave us to perpetual debt works? Story at this link. https://www.kitco.com/news/2021-04-30/More-states-pushing-to-make-gold-and-silver-legal-tender-former-U-S-Mint-director.html The violation of the Constitution involved is below. (WARNING: NOT FOR MEMBERS OF THE SHORT ATTENTION SPAN FRATERNITY!) It is generations of the Short Attention Spanner that got us into this mess!
ROGER SHERMAN(1721 1793)should be a name familiar to every American. As familiar as Washington, Madison, Jefferson and Adams. He is the only man to have signed all 4 documents surrounding the formation of the United States of America: The Continental Association of 1772, The Declaration of Independence, The Articles of Confederation and The United States Constitution. He was a Judge of the Superior Court in New Haven, Connecticut, serving that office with distinction from 1766 until 1788. He served as Treasurer of Yale University from 1765 to 1776. He was renouned for his high intelligence and unswerving honesty and was described by John Adams "as honest as an angel and as firm in the cause of American independence as Mount Atlas." He served in the U.S.Senate from 1791 until his death in 1793.
Why is Roger Sherman*s name unfamiliar? HE WAS AN ENEMY OF PAPER MONEY!! In 1751, Roger Sherman and his brother William sued James Battle for paying a debt to their shop in New Milford, Connecticut, in depreciating paper currency. Over a period of 15 months, Battle had charged "divers wares and merchandizes" amounting to 129 pounds of what
Sherman assumed were pounds of Connecticut "Old Tenor", a stable currency whose value were well preserved by taxation taking it out of circulation. But Battle assumed the debt was denominated in pounds of ever depreciating Rhode Island currency, tendered in same, and the Shermans took a beating in the payment and sued for recovery of loss by depreciation. The Shermans lost when Battle argued that he was merely following the accepted custom of the day. In 1752, Sherman wrote his book "A Caveat Against Injustice or An Inquiry into the Evils of a Fluctuating Medium of Exchange" indicting UNBACKED PAPER MONEY.
It was this experience that Sherman brought to the Constitutional Convention and prompted him to rise on August 28,1787 and propose new, more restrictive wording to Article 1,Section 10. The standing version under consideration was worded this way: "No state shall coin money; nor grant letters of marque and reprisal; nor enter into any Treaty, alliance, or confederation; nor grant any title of Nobility." (From Madison’s Notes of the Convention) "Judge Sherman and Mr. Wilson moved to insert the words *coin money* the words *nor emit bills of credit, nor make any thing but gold and silver coin a tender in payment of debts* making these prohibitions absolute, instead of making the measures allowable with the consent of the Legislature of the U.S. Mr. Sherman thought this a FAVORABLE CRISIS FOR CRUSHING PAPER MONEY. If the consent of the Legislature could authorize emissions of it, the friends of paper money would make every exertion to get into the Legislature in order to license it." Mr. Sherman*s and Mr. Wilson*s motion was quickly agreed to and became the supreme law of the land.
why the quotes? Gold and silver are money. everything else is credit.
Can we put Jefferson Davis and Robert E. Lee on the coins?
Use them to pay for dope and stolen goods from a black guy.
“Uh, dude, ya’ got anythin’ smaller? I can’t break that around my hood.”
States haven’t minted their own currency in a long time. Very problematic.
Not going to happen.
Modern Utah, Nevada and New Hampshire gold notes. High premiums, though.
https://www.providentmetals.com/gold-coins-bullion-bars-rounds/gold-notes.html
Good point. Now get busy and go to work ATTEMPTING to educate that cohort of short attention span morons who think the constitution is ONLY the name of the lying rag of a cage liner circulated in Atlanta!
I’ve been trying for 40 years. Could use some help!
It will never happen. The swamp would never allow it, because they would then have to work within a budget, and not be allowed inflate the currency. Plus it would kill “The Great Society,” namely welfare, food stamps etc. You can’t have a welfare state when you are restricted to x amount of dollars to spend in a year.
Thanks for the positive input...NOT!
Careful now that’s what got Gaddafi wacked.
Here’s the Kitco article w/vid link, you reference, above....
Link to YT vid of Moy....
https://www.youtube.com/watch?time_continue=109&v=d5UV5sVj88I&feature=emb_logo
FTA...
“What it does allow the states to do is give their citizens the ability to settle debts in gold and silver. It’;s never been exercised since it was written into the Constitution until recently. After the Financial Crisis, a number of states, the current number is 12 of them, are trying to figure out how to operationalize Article 1, Section 10, to allow their citizens to buy and sell things in gold and silver,” Moy told Michelle Makori, editor-in-chief for Kitco News.
A few states have already taking this initiative, said Moy who was the director of the U.S. Mint between 2006 and 2011 under President Bush and President Obama.
Here are some of the states, that Moy is talking about....
NV, IN, LA, WV, WY, UT, KS, OK and TX
I’m sorry to have disturbed you but it’s best not to live in a fantasy.
All one can do is live under their means while saving/investing the difference over a long period of time in a diverse portfolio with the stock portion preferably indexed to the S&P 500 (so that no one or two industries can kill you).
Then hope for the best.
So... The NorFed guy is going to have his property returned to him then?
most people are too stupid to understand. I saw a video of a guy on the street with a mic stopping passers by...he offered them a 10-oz silver bar or a chocolate bar. no one wanted the silver.
Gold and silver have already been monetized in several states. So your “Not going to happen” has already happened.
Try to keep up.
https://gsiexchange.com/states-gold-silver-become-legal-tender/
any interesting way to look at it:
in 1964, minimum wage was $1.25
if you were paid $1.25 today with five 1964 quarters, silver content is worth over $20
bttt
Why is that funny?
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