Published by Charleston Voice, 05.29.12
**Other states' sound money advocates BEWARE TRAITORS in your respective state assemblies**
**Other states' sound money advocates BEWARE TRAITORS in your respective state assemblies**
This is an action item!!!!
[video history of SC's sound money appeal is shown at bottom of this post]
The end of Sound Money for SC could be spelled by passage of the amended "Sound Money" Session 119 - (2011-2012) - H 4128 bill currently in the Senate and set for full Finance Committee hearing on Tuesday.
The end of Sound Money for SC could be spelled by passage of the amended "Sound Money" Session 119 - (2011-2012) - H 4128 bill currently in the Senate and set for full Finance Committee hearing on Tuesday.
WHAT?!?!?!
Most
of you know we have worked diligently for 6 years to see a Sound Money bill
sponsored and passed in SC. Rep Mike Pitts has been an exemplary champion
of this cause. Early this session Rep Pitts sponsored H4128 for Sound Money in
SC. Senator Thomas filed the mirror companion bill in the Senate. It was a good
bill.
As submitted, this bill would have built a firm foundation for
Constitutional Money in SC. HOWEVER, "help" from DC arrived
backed by Rockefeller connected money & lobbyists. It came under the name
"American Principals Project" or "APP". The founder of APP
is Robert George who is a card carrying member of the CFR. Yep! The banksters
have come to SC to "help" us. (Why didn’t they just bring a rope?) Membership Roster - Council on
Foreign Relations
To make a long
story short, the amendments made to the bill have done big damage. In fact, if
passed as it is today, Session
119 - (2011-2012) - H 4128 will destroy South Carolina’s legally
binding contracts where in gold or silver are contracted for payment. In other
words, today’s SC legal gold & silver contracts will be void. Here is the poison
amendment (which was added on in the House);
(C) No person may be compelled to accept or
tender gold or silver coin, minted or otherwise.
This is the most important change. This must be reversed (back to the original language) or the bill
must be killed. There are some who say
“We must pass something.” But passing this bill as is does more harm to Sound
Money in SC than good. If this amendments stand as is, it will nullify today's
legally binding precious metal contracts and the payee can be forced to accept
FRNs in payment, forfeiting the benefit of the contract. This bill cannot be
passed as it currently stands. It could further
be held to violate the Federal Constitution (“No state shall … pass any law
impairing the obligation of contracts…” – Art. IV) and would put the entire
bill in jeopardy (unless a provision is added to the effect that:
“If any portion of this
act is invalidated by a competent court, the remainder thereof shall remain
intact.” (This is almost standard language anymore,
to protect sections of legislation not at issue before a court. Without
it, if the “contract” provision were struck down, the study committee would
fall as well.
Here is what I am
asking you to do. Please contact all members of the Senate Finance Committee and ask them to amend the
bill back to its original (Senator Thomas version Session
119 - (2011-2012) - S 862 ) content; OR, add the previously specified as well as the following
amendment. Do not pass this bill without these
changes.
"C) No person may be compelled to accept or tender gold or
silver coin, minted or otherwise, except where such person offers to enter into
or is a party to a contract or other obligation which requires the payment of
such coin."
In addition, the original bill included
language in regards to exercising the 9th & 10 Amendment
authority of the state in exercising Article 1 Section 10. This was
intended to prevent any future confiscation of precious metals by the Federal
Reserve or Federal Government. This too should be reinserted in the bill.
Also, Section 1-1-1710 of the bill pertains to a study
committee in regards as to how SC should go forward in implementing a Sound
Money system.
Section 1-1-1710 “There is established
the Joint Committee on Adoption of an Alternate Currency composed of nine
members. The nine members must be appointed as follows:”
Given this sessions experience with banksters
attempts to control or destroy this states sovereignty
in exercising Article 1 Section 10 of the Constitution, I would recommend that sentence
be amended as follows;
Section 1-1-1710 “There is established the Joint
Committee on Adoption of an Alternate Currency composed of nine member citizen residents of South
Carolina, not in relation to the Federal Reserve.
The nine members must be appointed as follows:”
Please contact all members of the Senate Finance Committee and make it clear to them,
they must CORRECT this bill. In
its present amended form, it will destroy the present legally binding contracts
for Constitutional Money.
Contact Thomas, David L., Chairman Banking & Finance as well, and request
that he make the motion (either in committee or on the floor) to make these
suggested amendments to the House Bill.
Finance Committee Contact Links
Thank you for your vigilance toward Liberty
& Prosperity.
Sincerely,
South Carolina Committee for Constitutional Money
Patricia Wheat
Ned Tolar
Jackie Fowler