Insanity abounds...where else? Texas. Who else? Abbott.

[Horse with no Name]

And I will be honest...I did not research this thoroughly but it is so easy to believe that I am going to post it...
http://truthinmedia.com/texas-to-repatriate-1-billion-in-gold-from-federal-reserve-to-new-state-depository/?utm_source=newsletter&utm_medium=text&utm_campaign=nl
>>>snip
Last Friday, Texas Republican Governor Greg Abbott signed House Bill 483 into law, which will create a new state-level bullion depository. According to KVUE-TV, representatives from Governor Abbott’s office said that, under the new law, Texas will repatriate $1 billion in gold from the New York branch of the Federal Reserve to its new state gold depository, which has been unofficially nicknamed Texas’ “Fort Knox.”

“Today I signed HB 483 to provide a secure facility for the State of Texas, state agencies and Texas citizens to store gold bullion and other precious metals. With the passage of this bill, the Texas Bullion Depository will become the first state-level facility of its kind in the nation, increasing the security and stability of our gold reserves and keeping taxpayer funds from leaving Texas to pay for fees to store gold in facilities outside our state,” said Governor Abbott, according to a press release.

[msanthrope]

1. Isn't this the plot to Goldfinger? nt

[Kelvin Mace]

2. Nah,

Goldfinger made sense.

[hobbit709]

3. I wouldn't trust Abbott to properly care for used paper towels, much less gold.

[griffi94]

4. thisfirst made the news a couple of weeks ago

i didn't read the article at yer link
the previous things i've found go on to point out
that texas has no gold in the federal reserve
the university of texas does have about 1 billion in gold in the federal reserve
as far as i can tell this is another means nothing law for th purpose
of throwing red meat to the idiots here who want to secede

[dem in texas]

5. Article in the Dallas Morning News About the Gold

The DMN said Texas has a little over $500 million in gold bullion stored in a New York bank. The article was about the millions it will cost to build a depository and the cost of the upkeep. It would not be long before the expenses become as great as the value of the gold. But......as they say down in Bastrop, "It will keep that black man in Washington from stealin' our gold".

[hifiguy]

6. Texas: too small to be a country,

to big to be a loony bin.

Apologies to the 40 or so percent of the population made up of sane people.

[Reter]

7. It's far from "too small to be a country"

In fact, it would be larger than most.

[Arugula Latte]

8. These people are as dumb as a box of (gold) bricks.

[ChisolmTrailDem]

9. He'll be forming Texas' own military next. nt

[Skittles]

10. Abbott is a fucking nutcase