N.C. Legislator says the State needs its Own CurrencySubmitted by bobbyw24 on Tue, 03/22/2011 - 07:01
BTW--Rep. Bradley is GunnyFreedom from Ron Paul Forums and Drudge carried this piece. A Libertarian Blogger getting elected to the State House? How's that for real change?
BY MICHAEL BIESECKER - Staff Writer
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.
The Republican from Youngsville has introduced a bill that would establish a legislative commission to study his plan for a state currency. He is also drafting a second bill that would require state government to accept gold and silver coins as payment for taxes and fees.
If the state treasurer starts accepting precious metals as payment, Bradley said that could prod the private sector to follow suit - potentially allowing residents to trade gold for groceries.