Ron Paul wants to reintroduce gold and silver coins as legal tender

By way of intro to this topic, I wrote some time ago that I believed that the seemingly unending economic problems could eventually cause the US states to begin to compete with each other in an effort to attract and retain the best and brightest workers (i.e. taxpayers instead of  benefit recipients...).  Such tactics have been called "beggering thy neighbor" by some in the financial press.  I consider the use of honest money by any individual state in this union yet another beggar thy neighbor tactic.   In other words, it would be yet another incentive to attract honest, hard working labor and businesses from other states.  Such moves are no different from having lower tax rates, more freedoms and privacy (like simple gun rights, the kicking out of the TSA from airports), the nullification of the good sounding but fundamentally corrupt Obamacare Ponzi (a large number of states are publicly pushing back on that scam) and a host of other incentives designed to attract people like you, the talented labor force, from which all future value (and thus taxes) will flow.  The states which fail to attract hard working taxpayers will be left with an overage of benefit seeking human liabilities.  Sorry if that concept dents people's fragile sensibilities but the math associated with the collapse of the debt Ponzi demands that it be so.

As evidence that this "beggaring" was happening I also reported on efforts by Utah which sought to make gold and silver coins legal tender.  That law is now on the Utah governor's desk under consideration for final signature.  In addition I pointed out that North Carolina was considering returning to some form of honest money.  Others are looking around at these efforts and have begun similar state level efforts.  Those states which return to honest money are going to get ahead while others trying to hang onto the statist quo of funny money and debt based everything are going to fall behind badly.  Hard workers will push though while those who consume more than they produce will get left in the dust.  It's not the way I want it to be but rather where the tea leaves indicate things are headed.  After many decades of borrow and spend generational kleptoparasitism, things are changing rapidly.

Not many have caught onto this new trend but it's becoming pretty clear at this point.  The working person is what is valuable and it has always been thus.  Why else have people throughout the centuries sought to keep slaves?  New future value comes only from human labor multiplied by tools (including animals as tools...).   It does not come by playing games with funny money, high debt, ridiculous leverage, high taxation and other mechanisms used by the elite to steal the wealth of the working class.  All those things do is transfer wealth from the patsies to the con men.  The world is now running short on patsies.

It doesn't matter that people have, at times, been fooled into thinking the elite have all the power.  That was just a con and fake money along with fractional reserve banking were the main tools used to pull the wool over the eyes of citizens.  The elite con is falling apart because their funny money has weakened and the ability for elite con men to take on unreal amounts of debt and leverage is evaporating.  The desire of so many people to return to gold and silver in such a short period of time is unmistakable evidence. The curtain is falling only to reveal that the Wizard of Oz is just a tired old elitist con man who is powerless to maintain the debt Ponzi once people become enlightened to its existence and its operation.

Twilight is indeed falling on the lighthouse elitist and his wise old owl .  They are not nearly so wise as they tried to appear.

More evidence of this arrived today as Ron Paul introduced Utah - like currency legislation at the federal level.  If this passes it is big, big news.  It will change so many things.  There's no use talking about it too much at this early stage but I think Dr. Paul is re-introducing this bill right now because he is looking at states like Utah and North Carolina and others and he is seeing that a lot more people may be ready for real monetary change than ever before.

I'll be watching this closely as it unfolds but if it passes it will likely represent one of the most exciting and significant pieces of US and even global legislation since the Federal Reserve was created in 1913.  Yes, it's potentially that important.  Smart people will be calling their representatives and asking them to support it because if the whole country doesn't support it then states like Utah and North Carolina will be sucking the best jobs and businesses out of your state into theirs over the coming years after they pass their honest money laws.