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| 11:00 PM | ||
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| 11:00 PM | ||
Arizona could soon approve gold, silver as legal tender | |
| UseLessRepEATER
Offer Upgrade Those who know the least obey the best: G.F.  User ID: 28790340  United States03/21/2013 09:28 PM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 877618 United States03/21/2013 09:29 PM Report Abusive Post Report Copyright Violation | |
| Lacoste
User ID: 25147272 United States03/21/2013 09:31 PM Report Abusive Post Report Copyright Violation | RENO (MINEWEB) - Quoting: UseLessRepEATER Arizona could soon become the second U.S. state to recognize gold and silver as legal tender if the Arizona House approves SB 1439. The bill has already won the approval of Arizona’s State Senate and the Arizona House Financial Institutions Committee which voted the legislation out of committee on a 4-2 vote Monday. The measure now goes to a vote of the Arizona House. Thus far, only the State of Utah has officially recognized gold and silver as legal tender, (See: Gold, silver coins now officially legal tender in Utah) although the issue has been under consideration this year in four states including Arizona. The Arizona bill defines legal tender as a mode of paying debts and taxes. The measure also states that any coin or bullion that has gold or silver content and is issued by the United States Government can be defined as legal tender. However, no one can be compelled to accept coin or bullion containing gold or silver. The measure would also mandate that coin or bullion containing gold or silver issued by the U.S. Government cannot be taxed as property since it is to be considered money. Read the rest here: [link to www.mineweb.com]  pin 5*  Kappa Sig |
| Soma/Comatose
User ID: 32963937 United States03/21/2013 09:32 PM Report Abusive Post Report Copyright Violation | Wow. This is a really STUPID idea. Talk about hyperinflation. The cost of everything would skyrocket. ''Too many good docs are getting out of the business. Too many OB-GYNs aren't able to practice their love with women all across this country.'' —President George W. Bush, Sept. 6, 2004 |
| UseLessRepEATER
(OP) Those who know the least obey the best: G.F. User ID: 28790340 United States03/21/2013 09:36 PM Report Abusive Post Report Copyright Violation | If this is enacted, it will kick in in 2014. Not soon enough considering where things seem to be headed at breakneck speed. Nonetheless, this is a step in the right direction and will hopefully start a trend that spreads like wild-fire. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
| Anonymous Coward User ID: 36632791  China03/21/2013 09:46 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1552261 United States03/21/2013 09:51 PM Report Abusive Post Report Copyright Violation | These laws are totalitarian schemes in libertarian garb. |
| Anonymous Coward User ID: 1081321 United States03/22/2013 09:57 AM Report Abusive Post Report Copyright Violation | |
| Face Palmer
User ID: 36659593  Germany03/22/2013 10:01 AM Report Abusive Post Report Copyright Violation | Wow. This is a really STUPID idea. Quoting: Soma/Comatose Talk about hyperinflation. The cost of everything would skyrocket. You should educate yourself. Hyperinflation can only happen if the amount of money can be increased by printing money. If the amount of money increases tremendously against the available goods, prices wil increase tremendously as well. Gold and Silver cannot be created using the printing press, thus hyperinflation is not possible. "The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title." Never attribute to malice that which is adequately explained by stupidity. The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women |
| UseLessRepEATER
(OP) Those who know the least obey the best: G.F. User ID: 35746891 United States03/23/2013 12:55 AM Report Abusive Post Report Copyright Violation | Nobody commennting on here has ever dealt with "real" money; so this is scary territory. Most of us have only dealt with FRN's (otherwise known as debt instruments). Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
| Anonymous Coward User ID: 14925228  Indonesia03/23/2013 12:57 AM Report Abusive Post Report Copyright Violation | |
| UseLessRepEATER
(OP) Those who know the least obey the best: G.F. User ID: 35746891 United States03/23/2013 01:28 AM Report Abusive Post Report Copyright Violation | Try eating paper money then. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
| Anonymous Coward User ID: 36503833 United States03/23/2013 01:46 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 36503833 United States03/23/2013 01:46 AM Report Abusive Post Report Copyright Violation | |
