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There are currently two very important bills in the General Assembly that all South Carolinians should pay close attention to.
First, there is the Enforcement of Foreign Law Bill which is aimed at preventing international law from imposing tyranny on the citizens of South Carolina:
The General Assembly finds that it is necessary to protect the citizens of the State from the application of foreign law from a forum outside of the United States or its territories when that application will result in the violation of a constitutionally guaranteed right including, but not limited to, the right to due process, freedom of religion, freedom of speech, freedom of the press, or any right of privacy or marriage as specifically delineated in the constitution of this State or of the United States.
I like the spirit of this bill. They are standing up for our rights and that is what the state government is supposed to do. Of course, it would also be great if we could prevent the enforcement of federal law on South Carolinians, as it is also tyranny. Finally, I wish they would also include the right of private property, or just the right to self-ownership, but this is a step in the right direction.
Anyhow, the second bill does take aim at some federal law, namely having to do with currency and sound money. It is the “Gold and Silver to be Legal Tender” Bill:
TO AMEND THE CODE OF LAWS OS SOUTH CAROLINA, 1976, BY ADDING ARTICLE 18 TO CHAPTER 1, TITLE 1 SO AS TO PROVIDE THAT GOLD OR SILVER COIN, OR BOTH, SHALL BE LEGAL TENDER IN THIS STATE FOR PAYMENT OF CERTAIN DEBTS; AND BY ADDING ARTICLE 26 TO CHAPTER 1, TITLE 1 SO AS TO ESTABLISH A JOINT COMMITTEE FOR THE ADOPTION OF AN ALTERNATE FORM OF CURRENCY.
There is an especially important part of this bill that I want to point out:
If by its terms a debt requires payment in gold or silver coin, or both, then the only allowable medium of exchange for payment of it is gold or silver coin, or both, as the debt stipulates. In any case or controversy involving the enforcement of a debt, the courts of this State shall specifically enforce payment in gold or silver coin, or both.
This essentially nullifies the legal tender laws of the United States, which require that all debts are payable in Federal Reserve Notes, and that no person may deny payment in FRNs (Dollars) under penalty of fines and/or imprisonment.
If this law passes, it will mean that individuals and businesses can refuse payment in dollars, choosing instead to use a real money like gold or silver. I believe this is the lynch-pin of the federal reserve’s power over the people, and if we can get this through, we will restore at least some economic freedom to the people of South Carolina.
If you support these measures as I do, then please let your state Senator or Congressman know that they need to vote to protect South Carolinians from tyranny!
We have written at length about the dangers of the “Fed” and their inflationary schemes and how the Federal Reserve Note systematically steals wealth from those who need it the most: the low to middle income people who see their cost of living skyrocketing. Well there are others here in South Carolina who feel the same and we urge you to check out their website and to support their efforts.
The mission of the South Carolina Sound Money Committee is to restore gold and silver as legal tender as prescribed by Article 1 Section 10 of the U.S. Constitution, in order to preserve the wealth and purchasing power of the citizens and institutions of South Carolina.
Here are some videos to get you started:
The following is cross-posted from the Utah Tenth Amendment Center:
Two weeks ago, the Utah Senate passed HB317, a bill which will legalize gold and silver as tender within the state of Utah and exempt the exchange (purchase) of such specie from sales and capital gains taxes. Having already passed the House, the bill will now be sent to Governor Herbert to be signed into law, should he so decide.
This type of bill is one that is becoming increasingly popular throughout the country, with multiple states introducing and considering such legislation. Though Utah is now the first state to have a legislature approve of the idea, the sustained momentum of getting other states to review the proposal demonstrates the resiliency of the campaign for sound money. With the U.S. Dollar plummeting in value, this is an issue that will become more popular as time goes on.
As the author of the bill noted in a Fox News article on the subject, this bill will allow Utahns to better prepare for financial turmoil ahead, more easily diversifying into currency with a long history of stability.
This bill, however, is a watered down version of the original submission by the author, Larry Hilton. As we reported previously, the goals of this effort are far more comprehensive and specific. The limited provisions included in this final bill, while certainly welcome, are merely a first step. Expect to see successive legislation in upcoming sessions to expand and broaden the scope of what the legislature passed today.
Article I, Section 10 of the U.S. Constitution states emphatically that “no state shall make any thing but gold and silver coin a tender in payment of debts.” Plainly put, this is the goal: to restore the Constitution’s mandate of gold and silver as the only currency accepted in payment of debts by the states. A recent op-ed at tenthamendmentcenter.com notes what the realization of this goal would achieve:
Over time, as residents of the State use both Federal Reserve Notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve Notes do will lead to a “reverse Gresham’s Law” effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve Notes). As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the State’s treasury, an influx of banking business from outside of the State (as citizens residing in other States carry out their desire to bank with sound money), and an eventual outcry against the use of Federal Reserve Notes for any transactions.
With this vote, Utah has demonstrated leadership among the states on the issue of sound money in taking one step towards the constitutional mandate that has for decades been ignored. Please contact Governor Gary Herbert’s office at 801-538-1000 and ask that he sign this important bill into law.
The short film “The American Dream” was put on YouTube recently (by its creators) after being sold online in DVD format. You can still buy the DVD online and I would encourage everyone to own a copy.
The animation is about the Federal Reserve, the origination of money and fiat currency, and the evils of the collusion between central banks and governments. These subjects usually put people to sleep but presented in this 30 minute film they are actually pretty entertaining. Personally, my favorite part is the Andrew Jackson scene, in the second half of the video.
In order for South Carolinians to regain their independence we are going to have to break free of the central banking regime known as the federal reserve system. One way to do this, as we’ve already covered, is to nullify all legal tender laws, allowing free trade in competing currencies, a competition in which the ever-inflated federal reserve note would stand no chance.
If you don’t understand what I’m talking about, or if you’d just like to be entertained for a half hour, check this video out. Caution: realizing you are nothing but a debt slave is very shocking, so be prepared.
Part 1:
Part 2:
The European Union was formed in 1993 and is already unraveling at a rapid pace due mostly to financial problems wrought by massive spending programs, high taxes, and a centrally controlled currency. With Greece and Ireland under water, and more bankruptcies on the way in Portugal and Spain, the EU leaders are pushing for more central control, more taxation power, more confiscatory power, more credit, and all the while they’ve invented a new “national” anthem and a new flag to try and unite the people of the various states of Europe, at a time when many of the people are questioning why they have to keep giving up more and more to bail out their irresponsible neighbors.
Does any of that sound familiar?
Well Nigel Farage represents UKIP, the UK Independence Party, in the EU and in this series of videos he presents his ambition, his driving motivation, and his vision for a free and independent UK. Take a minute to watch these three videos because I believe a lot of these same principles apply to South Carolina and the United States government, especially the part about how being pro-independence is not anti-European, it is actually pro-European.
Mr. Farage is a great speaker and I would recommend browsing through his videos on YouTube. My favorite of all time is this auto-tuned version of a speech he gave in the EU Parliament blasting the EU PM:
The very first target of any nullification effort should be the federal reserve: a private corporation that is granted the exclusive power by the United States government to issue legal tender, and acts as the base to an inverted pyramid of currency creation known as fractional reserve banking. In short, we are forced to use Federal Reserve Notes in all transactions, while the private banks that make up the Federal Reserve enjoy the luxury of creating new money out of thin air, continually robbing us of the value of each dollar. The fact of the matter is that we do not and cannot have any independence so long as such a system exists.
To start with: why does it matter at all? Who cares about the federal reserve, or how they control the currency? Why does it matter what we use for money in the first place? These are complex questions and for a more in-depth explanation please see “What has the government done to our money?” by Murray Rothbard.
Basically, currency matters because it represents money, or the store of value used in exchange. This means that when you invest your time into something and you are paid money for that investment, you are paid in currency, and you can then go and use that currency to purchase the things that you desire, such as food, shelter, electricity, movies, etc, or you can be wise and prudent and use that currency for savings. You could then go and use those savings to buy larger items like a car or a house, or you could use those savings to start a company or invest in an existing company.
However, since the creation of the Federal Reserve in 1913, along with the income tax, it has become increasingly difficult to generate savings. First, the federal government confiscates a large percentage of our profits (earnings after expenses) through the income tax, and second, the federal government has made it illegal to use anything other than federal reserve notes as currency, which means that they have handed over the control of your savings to the federal reserve.
Judge Napolitano talks about these issues all of the time on his show Freedom Watch, and here is one such clip:
This deadly combination of the income tax, the federal reserve system, and legal tender laws robs the people of South Carolina of the value of their savings, the value of their work, and impacts the poor and the elderly the most severely. In our state we don’t have a very high average income, so while the FED manipulates the value of our dollars our citizens find it harder and harder to pay the bills and put food on the table, and nearly impossible to start a new business and create new wealth. We find ourselves begging large multi-national corporations to build factories and offices here, and begging the federal government for much needed improvements, instead of standing on our own two feet and generating our own prosperity.
However, there is a solution to all of this. The FED’s achilles heel, so to speak, is the legal tender law (and other various laws dealing with currency) which compel us to use their reserve notes (dollars) and forbid us from using other forms of payment, such as gold, silver, platinum, copper, etc. Without said laws, the people of our state would be free to use dollars if they so choose, but they would not be forced to, as they are now. People could use precious metals, foreign coins and currency, commodities, etc as payment and businesses could refuse dollars if they decided to, and they probably would given the 95% depreciation of the dollar since the inception of the federal reserve.
The legal tender law reads as such:
Section 5103 of title 31, United States Code
§ 5103. Legal tender
United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.
On the face of it, this law is clearly unconstitutional. The constitution says in Article 1 Section 10:
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.
So here the federal government has a law that forces states to accept federal reserve notes as tender in payment of debts even though the constitution clearly forbids said practice. Nullification of this law (and similar laws) is therefore easily justified, and demanded for the prosperity of our people.
The good news is that nullification of these laws has already been attempted in South Carolina, to some extent. State Representative Mike Pitts introduced H4501 last year, and plans to reintroduce this year, which states (in part):
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 18 TO CHAPTER 1, TITLE 1 SO AS TO PROVIDE THAT SILVER AND GOLD COIN SHALL BE LEGAL TENDER IN PAYMENT OF CERTAIN DEBTS.
This bill got a small amount of press but not much support and ultimately was tabled before it ever received a vote. We need to stand up and support this measure as it would be a step in the right direction, but additionally we need to push for stronger legislation that would allow the citizens of South Carolina to use gold and silver for payment of all debts, and to refuse payment in dollars if they so choose. Such legislation would need to ban the taxation of gold and silver (sales tax, capital gains tax, etc) and would need to specify that the value of the coins is determined by the weight value of the metal, not by the dollar value stamped into the coin (if any.)
Such a nullification effort would create a system of competing currencies where eventually the best currency, the best store of value, the best protector of purchasing power, would win out. Such a nullification would end the FED, at least for the people of our state.