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On March 15, Representative Ron Paul (R-Texas) introduced the Free Competition in Currency Act of 2011. Also known as H.R. 1098, the bill would make a number of changes in the nation's currency laws, namely:
1. Ending all taxes on gold and silver coins and bullion at the federal, state and local levels;
2. Repealing the legal tender laws;
3. Ending the prohibition on private mints, halting all current legal proceedings against them, and voiding all previous convictions suffered by their operators.
CoinNews.net has a detailed article (linked here) on this proposed legislation. Readers interested in tracking the progress of this bill may do so at the Govtrack.us link here.
-- Have you seen Our American Money? Please do. And share the link.
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About Me
- Thomas H. Paine
- Welcome to my blog! The purpose of this site is to provide educational resources for those interested in the restoration of sound money as mandated by the United States Constitution. Please feel free to distribute the information you find here far and wide. Be sure to watch my video, "Our American Money," and to check out the "Recommended Reading" links below. And thanks for visiting. Thomas H. Paine
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- 1927 Double Eagle courtesy of the Smithsonian Institution, FIC: SI. NMAH. 44. Object ID: 1984.1046.0812
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My Other Sites
My Favorite Links
- Our American Money - Free Educational Video
- TOLFA-The Online Freedom Academy
- Committees of Safety - Restoring Constitutional Government Through Local Efforts
- Congressman Ron Paul - Leading Proponent of Constitutional Money
- Edwin Vieira, Jr. - Timely articles on constitutional money and other important constitutional issues
- FAME - Foundation for the Advancement of Monetary Education
- FAME - Reading List
- GoldMoneyBill.org - Sound Money for the People
- Indiana Honest Money - More Sound Money for the People
- The "Constitutional Tender Act" - A Bill Template for Establishing Sound Money in Each State
- The American Open Currency Standard - Private Silver Currencies
- Liberty Dollar - Private Silver and Gold Barter Currency
- Ludwig von Mises Institute - Organization Advancing the Austrian School of Economics
- National Inflation Association
- Bill of Rights Institute
- Shire Silver Solutions - Working to Implement a New "Open Source" Silver Currency
- Shire Silver System - New Hampshire Group Promoting Silver as Currency
Recommended Reading
- America's Great Depression by Murray Newton Rothbard, Princeton, New Jersey, Van Nostrand, 1963
- Cra$hmaker: A Federal Affaire: A Novel by Victor Sperandeo & Alvaro Almeida, 2000
- The Creature From Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin, Westlake Village, California, American Media, 2002
- Economics in One Lesson by Henry Hazlitt, New York, Arlington House Publishers, ©1979
- Pieces of Eight: The Monetary Powers and Disabilities of the United States Constitution by Edwin Vieira, Jr., Ph.D., J.D., Fredericksburg, Virginia, Sheridan Books, 2002, 2nd Revised Edition
Recommended Reading - Online Books
- America's Great Depression by Murray Newton Rothbard (5th Edition)
- Economics in One Lesson by Henry Hazlitt
- The Case Against The Fed by Murray Newton Rothbard
- The Mystery of Banking by Murray Newton Rothbard
- What Has Government Done To Our Money? by Murray Newton Rothbard
- What Is A "Dollar"? by Edwin Vieira, Jr.
- What You Should Know About Inflation by Henry Hazlitt
- Why Does The United States Need Constitutional Money? by Edwin Vieira, Jr.
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