VA Del. Bob Marshall wants the Commonwealth to start minting its own money

[Derechos]

Souce: Huffington Post

Consider, if you will, House Joint Resolution No. 557, which will establish "a joint subcommittee to study whether the Commonwealth should adopt a currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System," probably backed by Jefferson Davis's Secret Gold Stash and minted on tobacco leaves.

The Washington Post's Rosalind S. Helderman has the details:

The Commonwealth of Virginia would begin minting its own gold and silver coins as an alternative currency to the U.S. dollar under a bill that Virginia Del. Bob Marshall (R-Prince William) says he will file in coming days.

Marshall will ask the General Assembly to consider the idea when it convenes for its annual legislative session Jan. 12. It is a companion bill to a proposal he has already filed to establish a study committee to examine alternative currencies to that distributed by the Federal Reserve System "in the event of a major breakdown of the Federal Reserve System."

Marshall said his intention is to inject competition into the national economy and force the federal government to change monetary policy he believes is leading to hyperinflation. According to his bill, "many widely recognized experts predict the inevitable destruction of the Federal Reserve System's currency through hyperinflation in the foreseeable future." His critique mirrors that of the Tea Party movement,some of whose members have called for the end of the Federal Reserve system.

Snip

Bob Marshall that wanted to "bar gays and lesbians from serving in the Virginia National Guard" -- which is also something that Virginia is not technically allowed to do.

http://www.huffingtonpost.com/2011/01/07/virginia-delegate-wants-t_n_806089.html

[FSogol]

1. Marshall is a buffoon. He wants to ruin VA the way he ruined Prince William County.

He has aspirations for higher office.

[abluelady]

2. Right Wing Nonsense

The shooter in Arizona yesterday also talked about currency. It must be another one of those right wingnut issues.

[sofa king]

3. Yeah, how'd that work out the last time we tried it?

Virginia burned for it, that's how it worked out.