South Carolina Lawmaker Seeks to Ban Federal Currency

peaceandlove · 02-18-2010, 08:17 PM

February 17, 2010 4:34 PM

South Carolina Lawmaker Seeks to Ban Federal Currency

Posted by Brian Montopoli

South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state.

As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional substitution of Federal Reserve Notes for silver and gold coin" in South Carolina.

In an interview, Pitts told Hotsheet that he believes that "if the federal government continues to spend money at the rate it's spending money, and if it continues to print money at the rate it's printing money, our economic system is going to collapse."

Continues: http://www.campaignforliberty.com/wire.php?view=10495

02-18-2010, 08:17 PM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	South Carolina Lawmaker Seeks to Ban Federal Currency February 17, 2010 4:34 PM South Carolina Lawmaker Seeks to Ban Federal Currency Posted by Brian Montopoli South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state. As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional substitution of Federal Reserve Notes for silver and gold coin" in South Carolina. In an interview, Pitts told Hotsheet that he believes that "if the federal government continues to spend money at the rate it's spending money, and if it continues to print money at the rate it's printing money, our economic system is going to collapse." Continues: http://www.campaignforliberty.com/wire.php?view=10495