
Contact Speaker of Arizona House of Representatives Today
Written by Tom Westbrook Subject: Economics: AustrianIf you agree that we need the choice of gold and silver tender (and quickly) as a safeguard against the failing paper we're on now, please enter the fray with all the polite but firm pressure you can. Speaker Tobin also may have sent SB1439 to McGee's committee to kill it. But we don't know this. But he certainly could have picked a less hostile committee -- like maybe House Commerce, for instance. Also, we may be able to put SB1439 on a "Strike-everything" bill.
•Kate Brophy McGee ® kbrophymcgee@azleg.gov 602-926-4486 Dist.28
(Chairman)
•Jeff Dial ® jdial@azleg.gov 602-926-5550 Dist.18
•Rosanna Gabaldon (D) rgabaldon@azleg.gov 602-926-3424 Dist. 2
•Lydia Hernandez (D) lhernandez@azleg.gov 602-926-3376 Dist.29
•David Livingston ® dlivingston@azleg.gov 602-926-4178 Dist.22
(Vice Chairman)
•Darin Mitchell ® dmitchell@azleg.gov 602-926-5894 Dist.13
•Steve Smith ® stsmith@azleg.gov 602-926-5685 Dist.11
Please vote “YES” on SB1439 gold & silver tender. These are the Constitutional reasons:
• The U.S. Constitution, in Art. I, Sec. X, Clause I “No State shall…coin Money, emit Bills of Credit, make any Thing but gold and silver Coin a Tender in Payment of Debts….” Arizona is not in compliance. IF WE WERE, OUR ECONOMY AND JOBS WOULD IMPROVE. IT’S NOT COMPLICATED!
• Gold and silver as legal tender “promote the general welfare” of society by maintaining virtually stable buying power for decades, centuries, etc. – WHICH IS WHY THE FOUNDERS GAVE US THIS!
• SB1439 provides Arizona’s people a FREE CHOICE to voluntarily use gold & silver as tender, as also Fed. Res. Notes if they choose. No one is forced.
• Article I, Sec. VIII, Clause V of the U.S. Constitution says “The Congress shall have Power…To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.” NOTE THAT WE THE PEOPLE GIVE CONGRESS NO POWER TO EMIT (ISSUE) MONEY, BUT ONLY TO COIN (This is according to the 10th Amendment.) COINING WAS A SERVICE TO GOLD, SILVER, & COPPER OWNERS COMING TO THE U.S. MINT.
• If Congress is given no power to emit, and the states are
prohibited, then where does constitutional money come from? WE THE
PEOPLE – THROUGH FREE MARKET INDUSTRY PRODUCE GOLD, SILVER, COPPER FOR
MINTING.
"Agriculture, manufactures, commerce, and navigation, the four pillars
of our prosperity, are the most thriving when left most free to
individual enterprise." (Thomas Jefferson)
• The silver Dollar was made law by the Articles of Confederation,
and is mentioned twice in the U.S. Constitution drafted in 1787. That
standard Dollar is fixed by the Coinage Act of 1792:
“DOLLARS OR UNITS – each to be of the value of a Spanish milled dollar
as the same is now current, and to contain three hundred and seventy-one
grains and four sixteenth parts of a grain of pure, or four hundred and
sixteen grains of standard silver.”
• BUT HOW DO YOU CARRY AND DEAL WITH HEAVY GOLD AND SILVER? Simply by
certificates, debit cards, checkbooks, etc. issued by the repositories –
much as we do now with banks. The free market will solve it.
PLEASE VOTE “YES” ON SB1439
2 Comments in Response to Contact Speaker of Arizona House of Representatives Today
U.S. Constitution, Article 1, Section 1, Clause 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."
Did you notice that the part about coining money is not directly linked to the part about gold and silver coin as tender? Legal tender and money are not necessarily the same thing. Time for Arizona to do the same thing that the Federal Government did with the Federal reserve bank... contract the job of making gold and silver legal tender coins out to Von Hothaus and his organization, but don't use the resulting coins as money. Print paper for that.
The founding fathers would want something like this. They knew the mess a central banking system would get us into. So, they left the States a way out.