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**Help** Need Your Ideas On State Sound Money Plan.

I am putting together a ten point plan to save my State (Idaho) from as much of the depression as possible but I need help in putting it together. I will send this to all of our legislature and the Governor. Also try to draw media attention, website etc.

Others could use this in their home states also. I will be doing a series of posts asking this in several areas. If we can get one state to implement this others will follow as the depression sets in. Now is the time!

First How would you set up a sound money system in a state?

Couple things I have in mind are to first get the governor to exercise the states sovereignty via the 10th to get the feds off our back so what ever barter system, gold and silver, and business coupon/money system or combination thereof that is implemented need not fear Federal harassment.

Encourage a local business system like some are doing already where they issue coupons or notes that are redeemable at their business and people will trade them etc.

Encourage and allow US coins and bullion in gold and silver as legal tender per the constitution.

What are your ideas on how something like this could be implemented, or if you have other ideas please post them.

Thanks!

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Light bulb ...

The Federal government found it perfectly reasonable to delegate ...

If a state does the same ...

It would seem to me that they would be firmly in grey area ...

What if a state sanctioned a private company to coin money for intrastate purposes only, of course, and mandated that the coins had a defined amount of precious metals.

And ...

All deposits, holdings, and liabilities would be in terms of this denomination.

WAHOR!!
http://www.dailypaul.com/node/48994

Bump for an interesting thread.

giving this thread a kick in the bump!!

“Security of our money”

Today, common Americans - your relatives, friends, neighbors, and co-workers,- are forming Committees of Safety in the several States. The Committees are focusing on the things that will provide “Security of a free State” “Security of our money” We are offering solutions to this problem that will inject sound, stable Constitutional money into our State’s economy.
http://www.committeesofsafety.org/

There are NO restrictions or laws by the Federal Government that prevent ANY state from using Gold/Silver U.S. minted coins ! This bill is NOT radical...it simply shows that the state of New Hampshire conforms to the U.S. Constitution and wants to set an example of Constitutional conformity as well as offering a "Sound Money" alternative to its inhabitants and businesses!
http://goldmoneybill.org/

A competing currency is the way to go.

I would frame question as "replacing" the fed money but rather as quietly give citizens a choice. People will gravitate towards the sound money. This is already happening via bartering, local currencies, and independent minters. My guess is that coins are not the way to go but rather local currencies that are based on credit cards tied to various types of labor or product.

Can a sound ecinomy exist without sound money? A thought to ponder.

h-daddy

Sound money or sound economy?

I think the other posts pointing out the problems and legalities of states creating their own independent monetary systems are close to the reality of the situation.

The possibility of creating sound and sustainable state economies, however, is very achievable.

Beyond the normal rhetoric about cutting spending etc, I feel strongly there is one thing states could do that would create enormous positive economic ripple effects for the residents and governments of a state and this country.

LEGALIZE HEMP

This of course is too big of an issue to be fully addresses as a post in this thread, but I will briefly share my perspective on this issue and why I think it is so important to our economy.

Industrial hemp, as most here know, is the most useful plant on the planet. (if you know of one more versatile and beneficial, name it) There are an estimated 50,000 uses for hemp.

Allowing farmers to grow this plant would be an incredible financial boon the agricultural community and could easily prevent farm foreclosures. Rural communities would see new economic development and revitalization.

There is no better source of biomass for fuel than hemp. Hemp can be harvested 3-4 times a year with 10 tons of biomass per acre per crop. A state government could drastically reduce fuel costs by producing its own bio diesel for its fleet of diesel vehicles. Even if it simply purchased hemp based bio diesel from local producers, this would still be a savings and help create a sustainable industry within the state.

There would be an incredible number of new industries created around a completely new commodity. Specialty stores selling hemp products, manufacturers of hemp goods and food products, small and large growers, new scientific research, bio fuel producers, etc. All employing people and sustaining local economies. All supporting local and state governments through existing licensing and tax laws.

If you hear the argument against industrial hemp by associating it with psychoactive cannabis, point out the difference between the two. Then point out, since they brought it up, the further savings to a state by ending the war against psychoactive cannabis.

The savings to a state in the prison system alone is so large it is hard to ignore. The clearing of docket jamming minor drug cases and the lessened load on the family courts would be another cost savings. This would create safer and more stable communities by keeping the violent out of society and keeping families together.

A state would have another new industry to license and tax like the alcohol and tobacco industries. Also point out the hypocrisy of the state profiting from two substances that cause hundreds of thousands of deaths a year, but banning a substance that has not killed one person in all of recorded history and has been used even longer.

No more wars for oil. The energy needs of our country met by the resources of and ingenuity of our citizens. Peaceful citizens no longer fearing incarceration or the destruction of families.

I honestly feel that hemp may be the thing that could get this country back on its feet again.

I second the

hemp idea. Plus cut the size of the government. hee,hee

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Just do what they did

Get a vault or safe.
Invite people to keep their silver or precious metals in your safe.
Give them a receipt.
Encourage local vendors to accept these receipt in exchange for goods/services. Perhaps, even at a 10% discount.
Keep them in circulation. Make the receipts hard to forge
Totally legal. Local communities already use this model with "Coupon Cards," or "Community Cards."

p.s. almost forgot the most important part: Get audited. Make that a part of the model. Guarantee it on every note printed.

have the State of Idaho...

address their grievance to Congress that they are not following the Constitution and they want their money supplied in gold and silver immediately.

2Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

Here's an Idea

First, get some investors together and buy gold and silver bullion. Then invest in a process to create notes (call them tokens or whatever but do not actually call them dollars or currency) which are not easily or cheaply duplicated (to avoid counterfitting). You might even add RFID or some other easily scannable verification device (Yes, Yes, I know but were not talking about the government using it to trace you here) .

Okay, then you simply exchange the 'tokens' for fixed amounts of gold or silver. Then publicize your efforts and get local businesses to go along. You'll need quite a few different businesses to sign on. The popularity of these 'tokens' will eventually spead as they begin to be more universally accepted.

Study "Aggie Bucks" and "Disney dollars". there are several examples of this type of alternate currency in niche aareas already, but none fixed to precious metals.

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A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history.
~Mahatma Gandhi

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A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history.
~Mahatma Gandhi

Bravo!

for your efforts. I would to try and stop the bleeding of state monies. I think I would put a freeze on hiring and cut salaries from the Governor on down. I would also cut all government pensions by a small amount. Freeze the purchase of equipment.
I would freeze taxes. Close parks, libraries and any non essential departments. Cut the red tape so small businesses could flourish. Large corporations would be allow to do business with a review of the red tape and tax base. Lobbyists could NOT visit law makers other than in a PUBLIC domain such as open meetings where every citizen could hear and respond.

Have an open public audit of the government debt. Open the to public suggestions. Try to back away from the Federal grip. Make the state as independent as possible.

Well, thanks for giving me a chance to give two cents.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

states are prohibited from

states are prohibited from coining money .. that has nothing to do with fiat ... some people might say fiat bills of credit are not money ... so they wrote specifically ... 1. no coining money 2. no issuing bills of credit

it is unconstitutional

as for accepting the payment of debts ... states are prohibited from accepting anything but gold and silver coin .... they dont have a choice ... its gold or silver coin or nothing

All paper money eventually returns to its real intrinsic value, zero. - Voltaire

Allow payment of state taxes

Allow payment of state taxes and fees with gold and silver.

Model Sound Money Resolution

This comes from the Birch Society. We forwarded to our Rep that is introducing End the Fed in Jan here in MT. he already has a bill/resolution being worked on. We already have RP petitions circulating and this is a great one to add.

A Concurrent Resolution from the Legislature of the State of ______________ .
To the Congress of the United States of America and to the
Congressional Delegation of the State of _______________ .
A Petition

To Congress to pass legislation to help protect American citizens against potential, unprecedented losses in the value
of take-home pay, retirement income, insurance policies, and investments due to the recent large-scale increases in the money
supply by the Federal Reserve for the purpose of bailing out large corporations, loans to foreign central banks, etc., by
restoring gold and silver money in accordance with the Constitution, then phasing out the Federal Reserve System and its
inflationary paper money, the Federal Reserve Note.
Whereas our Founding Fathers were very familiar with the disastrous consequences, such as sharp price increases and the
loss of wealth by most citizens, experienced by those colonies that had issued paper money not backed by gold or silver;1
Whereas our Founding Fathers were very careful to craft a Constitution that prohibits the issuance of paper money by either
the federal government or the states by including such statements as “No State shall ... make any Thing but gold and silver Coin a
Tender in Payment of Debts....” (Article I, Section 10), and only empowering the federal government “To coin Money, regulate the
Value thereof, and of foreign Coin….” (Article I, Section 8);2
Whereas the Constitution designated the “dollar” as the standard of value (Article I, Section 9, Clause 1 and the Bill of
Rights, the Seventh Amendment),3 which was acknowledged in the Mint Act of 1792 to be a silver coin containing 371.25 grains
(troy) of pure silver;4
Whereas our national government’s first experiment with an unbacked paper currency, the Civil War-era “greenback,” led to
the large-scale loss of wealth by U.S. citizens when they were paid with “greenbacks,” which had only about half of the value of goldbacked
notes;5
Whereas the creation of the quasi-public, independent Federal Reserve System by Congress in 19136 has led to our current
monetary system of a fiat paper currency, the “Federal Reserve Note,” not backed with either gold or silver since 1971;7
Whereas the Federal Reserve System created a 3,000% increase in the money supply (properly known as inflation) over the
years 1959 to 2006 which led to an 89% loss in the purchasing power of our “Federal Reserve Note” paper dollars (the classic effect
of inflation) during the same time period.8
Whereas the Federal Reserve System has been greatly increasing the money supply in recent years, and beginning with the
financial crises of 2008, undertaking to create additional trillions of dollars out of thin air for bailouts with no end in sight, or as the
New York Times for November 26, 2008 put it, “The Federal Reserve and the Treasury announced $800 billion in new lending
programs on Tuesday, sending a message that they would print as much money as needed to revive the nation’s crippled banking
system….”;9
Whereas, as a result of these recent, large-scale increases in the money supply, we can expect unprecedented rounds of price
increases and economic dislocations in the future, leading to unprecedented losses of the value of take-home pay, retirement income,
insurance policies, and investments by most citizens, and possibly ultimate economic chaos;
Now therefore, be it resolved: by the Legislature of the State of _______, that the Congress of the United States, and
particularly, the legislative delegation to Congress of the State of _________, are hereby urged and petitioned to use all of their
efforts, energies and diligence to protect all the citizens of this nation from potential, unprecedented losses in the value of take-home
pay, retirement income, insurance policies, and investments as a result of the Federal Reserve’s ongoing inflation of our unbacked
paper money by passing legislation (such as H.R. 2756 to repeal our nation’s legal tender laws,10 H.R. 4683 “The Free Competition in
Currency Act of 2007,”11 and H.R. 5427 the “Tax-Free Gold Act of 2008,”12) to help restore gold and silver money in accordance with
the Constitution, then phasing out the Federal Reserve System and its inflationary paper money, the Federal Reserve Note (as in H.R.
2755).13
________________________________________________________________________
1. http://projects.exeter.ac.uk/RDavies/arian/northamerica.html... 2. http://www.archives.gov/exhibits/charters/constitution_trans...
3. http://www.archives.gov/exhibits/charters/constitution_trans... 4. http://www.constitution.org/uslaw/coinage1792.txt
5. http://www.u-s-history.com/pages/h171.html 6. http://www.bos.frb.org/about/pubs/begin.pdf
7. http://www.lewrockwell.com/rothbard/rothbard181.html 8. http://mwhodges.home.att.net/inflation.htm
9. http://www.nytimes.com/2008/11/26/business/economy/26fed.html 10. http://thomas.loc.gov/home/gpoxmlc110/h2756_ih.xml
11. http://thomas.loc.gov/home/gpoxmlc110/h4683_ih.xml 12. http://thomas.loc.gov/home/gpoxmlc110/h5427_ih.xml
13. http://thomas.loc.gov/home/gpoxmlc110/h2755_ih.xml

I urge you to go to

I urge you to go to campaignforliberty.com and contact the Bonner County group. We are working on the same thing. No need to duplicate efforts when we are all on the same team with the same goal.

Pat

BOHICA!!

Pat

BOHICA!!

Money

Let the free market work. Whatever contracting parties will use for money is acceptable. Whether it be frn's, foreign money, silver, gold, grain, services, stock, futures contracts, dirt, lead, brass, copper---WHATEVER. THE PARTIES WILL AGREE TO AND ACCEPT. PERIOD.

Sheldon Waxman
sheldonw72@gmail.com
www.thelawyer.info
www.independentcontractor.info

the US constitution says no

the US constitution says no state may coin money

so that means no state may coin money ... however ... private mints should be allowed to coin money .. there is no restriction on that apparently

All paper money eventually returns to its real intrinsic value, zero. - Voltaire

it also says no bills of credit

Since FedGov (in its guise as the Fe'ral Reserrve) has already violated the contract, it is no longer binding on the States. It takes just one cheating partner to void a contract, and, since FedGov went rogue in 1861, it no longer constrains the States.

The Freedom Formula: Au + Ag + Cu + Pb

dynamite anthrax supreme court white house tea party jihad
======================================
West of 89
a novel of another america
https://www.smashwords.com/books/view/161155#longdescr

NORFED honest money

http://www.norfed.org/ld/faqs/norfed.htm

NORFED issues The Liberty Dollar in 3 denominations of warehouse receipts, $1.00, $5.00, and $10.00. The $10.00 Certificate is backed by one Troy ounce of pure .999 fine silver. The $1.00 and $5.00 certificates are backed by a proportional amount of silver, which is the standard behind this currency, as required by the Constitution. NORFED also has available a $500.00 Gold Certificate and Gold Liberty that is backed by one ounce .9999 fine gold. This will allow The Liberty Dollar to have value and be acceptable throughout America. Now, for the first time, Americans have a choice of using the silver or gold based Liberty Dollars instead of the fiat Federal Reserve Notes.

NORFED makes a modest profit exchanging FRN's to Liberty Dollars. This money is used for marketing, overhead and political action such as presenting at conferences, printing flyers, and so on.

American Open Currency Standard (AOCS)

The American Open Currency Standard (AOCS) - Giving Central Banks A Run For Their Money
http://www.opencurrency.com/index.php

http://www.theneocoins.com/:
Allies of Evil (presently sold out):
The Police State - coming soon
Corporate Sponsors - coming soon
New World Order - coming soon
Founding Fathers - coming soon

http://www.thefreedommint.com/ (not presently available):
http://www.freelakotabank.com/:
http://www.dixiedollar.org/:
http://libertydollar.org/ - Bernard von NotHaus redux:
http://www.librecoins.com/ (coming soon):
http://www.communitydollar.net/:

maybe some ideas

maybe some ideas here:

Indiana Honest Money
http://indianahonestmoney.com/

At the county level

is where you should focus your efforts. Just call a "County Convention" and see who comes. Local currency must be a democratic effort.

Hawkiye Check out Catherine

Hawkiye
Check out Catherine Austin Fitts at
www.solari .com
This is her life's work and she's very interesting to listen to.

I agree with maya.

Catherine's idea would change the country.

*****

Let the human mind loose. It must be loose. It will be loose. Superstition and dogmatism cannot confine it. John Adams

Ron Paul "Sign Wave Across the USA" -- November 5th!

save my _____

I am putting together a ten point plan to save my State

hawkiye, do you have a state position - elected or admin? If not, you may want to start locally. The way to survive will be to get rid of debt obligations. Is your city debt free? Is your water district debt free? Is your sanitation district debt free?
If your local gov't has debt, they will raise taxes to cover whatever obligations they have (see California's problems and "more taxes" solutions). Get out of debt and you can reasonably argue for lower taxes.

If you can fix a state then great! Maybe starting locally will have more impact.

I would agree except we need

I would agree except we need state sanction to keep the feds off our backs. I hold no office except alternate committeeman but I have some contacts in the legislature sympathetic to our cause.

A majority of Americans are not going to be every happy with the feds very soon. They already are not but soon they will loath these parasites to the point of being willing to do something.

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Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken

Get Prepared!

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End The Fat
70 pounds lost and counting! Get in shape for the revolution!

Get Prepared!

Colonial Scrip is NOT the Continental Dollar; it is an important

consideration for an alternative currency. READ THIS If you are serious about discovering other viable forms of currencies. I posted a more indepth article on this when Michael asked the same question, he probably missed it in the posting overload.

Benjamin Franklin helped create the Pennsylvania Scrip, and in his autobiography he wrote of this currency: "The utility of this currency became by time and experience so evident as never afterwards to be much disputed..."

Franklin believed the shutting down of this paper money by Parliament in 1764 was the principal cause of the American Revolution, as did many other prominent Americans. Peter Cooper, founder of Cooper Union College, Vice-President of the New York Board of Currency, US Presidential Candidate in 1876, and one-time colleague of Secretary of the Treasury Albert Gallatin said in his 1883 book Ideas for a Science of Good Government: "After Franklin had explained…to the British Government as the real cause of prosperity, they immediately passed laws, forbidding the payment of taxes in that money. This produced such great inconvenience and misery to the people, that it was the principal cause of the Revolution. A far greater reason for a general uprising, than the Tea and Stamp Act, was the taking away of the paper money."

Adam Smith wrote of the Pennsylvania currency in his famed 1776 work The Wealth of Nations: "The government of Pennsylvania, without amassing any [gold or silver], invented a method of lending, not money indeed, but what is equivalent to money to its subjects. [It advanced] to private people at interest, upon [land as collateral], paper bills of credit…made transferable from hand to hand like bank notes, and declared by act of assembly to be legal tender in all payments...[the system] went a considerable way toward defraying the annual expense…of that…government [low taxes]. [Pennsylvania’s] paper currency…is said never to have sunk below the value of gold and silver which was current in the colony before the…issue of paper money."

For more indepth info, google it. This is extremely viable today.

Anymore thoughts on

Anymore thoughts on this?

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Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken

Get Prepared!

-----
End The Fat
70 pounds lost and counting! Get in shape for the revolution!

Get Prepared!

work within the system

First off, coining money is one of the few tasks the federal govt. is responsible for. It is in the Constitution.

So, I say use Gold American Eagles other true U.S. coins that are made of gold and silver. And spread the usage of those coins amongst merchants and retailers.

When usage of those coins becomes widespread, setup a REAL bank. The bank accepts deposits of gold and silver does some of the things our current banks do except they use real money instead of fiat money. They will do things like wire transfers (of gold), checking accounts (backed by gold), credit cards (backed by gold), loans (backed by gold). What the banks won't be allowed to do is fractional reserve banking.

Convince enough people that they should use gold and silver as money and it will happen. Unless the bankers throw a fit and outlaw it.

Great Ideas

All of your ideas are on the right track. In order to save as many people from the banksters I think it's very important to link merchants of necessary items (food, energy, etc.) with consumers using anything but Fed notes. The unfortunate thing is most merchants have become Big Box retailers rather then small, local markets.
And most politicians know it's their job if they go against Big Box retailers.

A statewide plan would probably have to originate in communities that have a local market and then branch out into other areas. Just like in Milwaukee a local currency program was tested in small suburbs first before introducing it to the extremes of Urban and Rural Life.

http://killfiat.blogspot.com/

1. Make fractional reserve

1. Make fractional reserve banking punishable by death.
2. Allow full reserve banking and direct investment practices.
3. Coin gold and silver money. Allow people to pay taxes with it.
4. Possibly allow for paper money that is redeemable through the state government for natural resources such as fresh water or land. Allow people to pay taxes with this as well.

3 and 4 are not nearly as important as 1 and 2. By which I mean it doesn't matter what the currency is as long as exponentially growing (fractional) debt is not an issue.

Ben Bernanke, fighting fire with gasoline since 2006

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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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