In the first paragraph the
writer reveals his complete ignorance of the meaning and true purpose of SC
Senator Bright’s proposal to start making its own
backup currency. Had the writer been
properly prepared to write this article he would have addresses the driving
issue of this as that both Federal and State officials have grave concerns
about the dollar’s imminent crash. [That is that it would become valueless,
because of the trillions of dollars perhaps as much as 63 trillion that Obama,
Harry Reed, Nancy Pelosi, the US Federal Bank, and Government agencies dumped
out on the ground like water in the past four years. Yes this wildcat spending
began when Democrats gained the
The meaning of this should send a dire message to people all across the nation that they must prepare themselves now for an national financial collapse and shut down and that supplies for good and services will cease for many parts of the country from a period of days, weeks and even months.
Consider now the words of Jesus – Pray That it Not Come in Winter!
Continuing a pattern of attempts
Bright's joint resolution calls for the creation of an eight-member joint subcommittee to study the proposal and submit a report to the General Assembly by Nov. 1.
The Federal Reserve System has come under ever-increasing strain during the last several years and will be exposed to ever-increasing and predictably debilitating strain in the years to come, according to the legislation.
“If there is an attempt to monetize the Fed we ought to at least have a
study on record that could protect
“If folks lose faith in the dollar, we need to have some kind of backup.”
The legislation cites the rights reserved to states in the Constitution and
Supreme Court rulings in making the case that
“The Supreme Court of the
The legislation claims “many widely recognized experts predict the inevitable destruction of the Federal Reserve System's currency through hyperinflation in the foreseeable future.”
Per the legislation,