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Sound Money Bill in Danger of Corruption Beyond Use

Sound Money Bill in Danger of Corruption Beyond Use

Liberty News South Carolina

Liberty News South Carolina
By drkruff | June 1, 2012

“Congress shall have the power to…coin money, regulate the value thereof and of foreign coin, and fix the standard of weights and measures.
“No State shall…make anything but gold and silver coin a tender in payment of debts.”

So says the American Constitution and because of that Constitution, South Carolina and several other states have been fighting for six years for the right to do what the Constitution already says we can do. Furthermore, we can do it without any input whatsoever from the Federal government. Notice the wording. Congress is to “coin” the money and fix the value—which is based on weight, not on a federal reserve stamp indicate a dollar coin, five dollar coin, etc. The State, on the other hand, is to use ONLY gold and silver coin for payment in debts.

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