IT IS NOT ENOUGH JUST TO GRIPE

Posted on February 13, 2013 by

Delegate Bob Marshall sent this email out today.

Support Sound Money Policy Study

Dear Friends,

My HJ 590 to study what to do in case of terrorist cyber-attacks on Virginia banks or other situations of economic collapse will be heard by the Senate Rules Committee Thursday afternoon, February 14, 2013.  Please contact the members of the Senate Rules Committee and ask them to support HJ 590.

Contrary to what has been purported in some mainstream media the purpose of the HJ 590 is NOT to reinvent money.  And it is NOT for Virginia to establish gold and silver coins as legal tender as payment for debt even though the Founders provided for that in 1789 (Const., Art 1, Sect. 10) and Utah is already doing it. 

The main purpose of  HJ 590 is to examine ways to restore the integrity of America’s money and call attention to the need to establish a stable monetary foundation for a self-governing nation devoted to free markets and free people.  Our money should provide a reliable unit of account and a dependable store of value, in keeping with the intent of our Founders.

Virginia banks and financial institutions recently sought help from the Pentagon to deal with foreign threats to their computers.  In December 2012 the US Comptroller of the Currency alerted banks nationwide of the possibility of serious commerce-halting cyber-attacks on US banks.  As recently as today the Washington Post reported that there is an ongoing problem with Chinese hacking of U.S. business websites.

Virginia needs to have a plan in place to deal with a serious economic breakdown whatever the cause and HJ 590 will give us the means to have that plan at the ready.

This bill is endorsed by Lewis Lehrman of the Lehrman Report; Dr. Ralph Benko, weekly columnist for Forbes (who wrote the article endorsing the bill here); George Melloan, contributor to the Wall Street Journal (who wrote the article here -accessible if you have a WSJ subscription); James Grant of Grant’s Interest Rate Observer; Charles Kadlec, contributor to Forbes who wrote the Op-Ed here; Dr. Thomas Rustici of George Mason School of Economics; Dr. Lawrence White of George Mason University School of Economics; Dr. Edwin Vieira, author and expert on monetary policy; and Dr. Judy Shelton of the Atlas Sound Money Project, author of several books on the subject and contributor to the Wall Street Journal.  There are also supportive pieces in the Roanoke Times, Weekly Standard and the New York Sun.

Senate Rules Committee

Thank you.

Delegate Bob Marshall

To change the course of our country, we first have to study what is going on and talk about it. We are not studying and talking about our nation’s problems. Instead, we focus our spare time on entertainment. We live for trivia; blood, guts, and gore; gluttony; sex; loud music, and boos. So studying how our money works seems like subject for greedy eggheads.

You a Christian? Your savior was not too bashful to talk about the proper use money. Maybe you ought to think about it too. Here are some examples of Christians thinking about money.

If Jesus wants us to manage our personal finances properly, don’t you think He is also concerned about how we manage the finances of our nation?

About Citizen Tom

I am just an average citizen interested in promoting informed participation in the political process.
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