Dangerous tornado’s going on in Dallas/Fort Worth area and spreading out towards Oklahoma, Arkansas and Louisiana.
Is gold again becoming money in the United States?
Last year, Utah became the first state in the country to legalize silver and gold coins as currency—just as the constitution stipulates. How lawmakers accomplished this measure was by exempting the alternative money from any tax. Utah businessmen have already brought the most popular innovation in banking, the debit card, into the fold. At the time of purchase, the calculation of the momentary value of the dollar is taken care of with computers. Citizens store their savings in an electronically connected private vault, and the debit card, linked to their holdings, works like any other at the store.
In South Carolinia, a bill that would allow residents to use the gold and silver coins is being advanced. The House Judiciary Committee approved the bill, which allows freedom of choice and broadens personal options for diversification. By making silver and gold ‘legal tender’, businesses will have to accept them as payment. Legal tender laws are used to force citizens to use only mandated forms of money, and depending how the legal tender law in South Carolina is written, an exemption has already been discussed to allow businesses to exclusively accept the Federal Reserve’s banknotes should they so choose.
Subcommittee Chairman Greg Delleney, R-Chester, said “trusting in gold and silver is misplaced,” because “if the dollar collapses, people are going to be in trouble no matter what the metals are worth.” This is absolutely correct, those who do act can preserve their present day buying power, but Delleney sees a crisis brewing and knows that more than freedom of choice is needed to prepare his constituency. Perhaps they will consider a policy similar to that of China, and actually promote personal savings in the monetary metals. Delleney adds that “He sees no downside in making it an option.”
E. Ray Moore, Jr., a member of the S.C. Money Committee, and one of the advocates for the bill explains, “It’s basically a form of discipline, so we can anchor our South Carolina economy in a time of great difficulty if the dollar continues to erode and inflation increases, which it inevitably will. So South Carolina could have a stable economy with this legislation. It would anchor our economy and gives us a stable currency.”
A total of 12 states are considering similar legislation.
Colorado announced in late Febrary that state senators will be considering similar legislation. Besides South Carolina, Utah and Colorado, 10 other states are looking at the same issue. As the North Carolina bill termed it: “an alternative in the case of a catastrophic failure of the Federal Reserve System.”
The most recent government to allow silver and gold as a competing money by removing taxes was Singapore, cementing their position as the financial capital of the world. New York and London are legacy centers as they built unsustainable debts upon soft ground. In the 19th century London and the Pound were dominant, in the 20th century New York and the Federal Reserve banknote climbed to notoriety, and in the 21st century Asia will benefit as the region with the capital, the creditor nations, and savings.
It should be obvious between the international changes in demand for dollars by Russia, China, India, Brazil and South Africa, combined with some of the States allowing multiple mediums of saving that there is a global exodus from infinitely conjured private banknotes such as the Euro and the Federal Reserve Note. He who defects first will be the one who sleeps best.
Biden: ‘Senator Romney’ doesn’t want to ‘dictate’ health coverage [AUDIO] at link
Published: 12:08 PM 04/03/2012
Vice President Joe Biden defended President Barack Obama’s health care reform law Tuesday, specifically praising the provision that requires companies to cover individuals with pre-existing conditions, criticizing “Senator Romney” for opposing this part of the law.
“The president and I think that, it’s already the law, that anybody, any quote child, dependent, who has a pre-existing condition should automatically be covered by their parents’ insurance policy and we believe that if every insurance company has to do it, it’s no disadvantage to one insurance company verses the other,” said Biden at an event on college affordability in Norfolk, Va.
“Well, our friends, Senator Santorum and Senator Romney and others, they don’t think the government should dictate that.”
Former Massachusetts Gov. Mitt Romney, the front-runner in the GOP presidential race, has vowed to repeal the health care law. The Supreme Court is currently reviewing the constitutionality of the law’s individual mandate, which requires individuals to purchase health insurance or pay a fine.
Biden said the Republicans have a “legitimate” argument that the government should not be engaged in health care. However, he “strongly” disagrees.
“I don’t want to make fun of — I’m not saying our Republicans friends don’t care about people. They care about people just as much as we do,” he said.
5:43 p.m. EST, April 2, 2012| By Gary Taylor,
A tip to Crimeline has led to the arrests of two men in a brutal beating that occurred a week ago in the Midway community east of Sanford.
Julius Ricardo Bender, 18, and Yahaziel Isaac Israel, 19, face charges of attempted first-degree murder, burglary with assault or battery and armed burglary.
The victim, a 50-year-old Winter Springs man whose name has not been released, is on life-support at Orlando Regional Medical Center.
Deputies were called to the area of Lincoln Street and Beardall Avenue about 6:30 p.m. March 26 to investigate a report of a man being beaten, Seminole County Sheriff’s spokeswoman Heather Smith said.
They found the victim in the woods on the north side of Lincoln Street.
According to arrest affidavits:
A witness told deputies he heard someone screaming for help and saw two men pull the victim from his vehicle. He said he watched as one man held the victim and the other beat him in the head with a hammer.
After they dragged the victim into the woods, the men drove away in his sport utility vehicle, which was later found abandoned about a half-mile away on Garbo Jack Lane.
Investigators got a break in the case Thursday, when a tip to Crimeline named Bender and gave the street name of the second suspect.
On Friday, investigators learned Israel’s fingerprints had been found both inside and outside of the victim’s vehicle.
The witness was shown photo lineups and picked out Bender and Israel as the men he saw beating the victim. He said Bender was the man wielding the hammer.
Both men were arrested late Friday.