A Texas Republican has introduced bills that would create transactional currencies backed 100 percent by gold and silver. The passage of this legislation would open the door for people to easily use sound money in everyday transactions and create competition for rapidly depreciating fiat dollars. Rep. Mark Dorazio filed HB1049 and HB1056. The language in both bills is nearly identical, but they add the provisions to different sections of the Texas code.
Poster Comment:
In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation.[1][2]
#1: BTP Holdings To: Horse (#0)
Section 486 is what allowed the U.S. to issue Greenbacks to finance the Civil War and spurning the usury of European banks. ;)
BTP Holdings posted on 2024-12-31 21:51:08 Reply Private Reply
#2: Dakmar To: BTP Holdings (#1)
Dakmar posted on 2024-12-31 22:00:27 Reply Private Reply
#3: ghostrider To: Dakmar (#2)
ghostrider posted on 2025-01-01 08:17:11 Reply Private Reply
#4: BTP Holdings To: Dakmar (#2)
He always carried extra frags. At night they would camp off the trail and set up Claymore mines along the trail.
One night an NVA patrol came thru. The guy on the Claymore switch was asleep. He just starte# throwing frags.
He was awarded a South Vietnamese medal for killing Communists but he never picked it up.
He was my boss when we worked concert security. One show I had to beat the crap out of a couple of guys down front. When he saw that he said, "Yeah, Tex got some." ROTFLOL ;)
BTP Holdings posted on 2025-01-02 19:10:52 Reply Private Reply