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Thread: Virginia moves closer to creating state’s own currency!

  1. #1
    Senior Member MASTER BUILDER
    Join Date
    Jul 2003
    Concord, Va

    Virginia moves closer to creating state’s own currency!

    Looks like my Delegate to the Virginia General Assembly has his stuff together as he voted FOR this! Just because the Imperial Federal Government goes broke doesn't mean the States have to follow. Currently Virginia's jobless rate is 5.5% and is one of the best in the country. Oh, and did I mention that we have a REPUBLICAT Governor? :wink:

    Virginia moves closer to creating state’s own currency!

    Lawmakers in Virginia say they want to keep their options open in case the value of the U.S. dollar ever collapses — so they’re considering minting state coinage.

    The Washington Post reported Tuesday that a proposal to study the effectiveness of such a plan “sailed through” the state’s lower house this week:

    The idea that Virginia should consider issuing its own money was dismissed as just another quixotic quest by one of the most conservative members of the state legislature when [Virginia Del. Robert G.] Marshall introduced it three years ago. But it has since gained traction not only in Virginia, but also in states across the country as Americans have grown increasingly suspicious of the institutions entrusted with safeguarding the economy.

    This week, the proposal by the Prince William Republican sailed through the House of Delegates with a two-to-one majority.

    “This is a serious study about a serious topic,” Marshall said Tuesday. “We’re not completely powerless.”

    So far, only Utah has approved a law recognizing nontraditional currency. Four other states have bills pending this year. Marshall said he is unsure of his proposal’s prospects in the Virginia Senate. One Democrat derided it as a descent into “la-la land.”

    But the fact that the debate is happening at all reflects a deep-seated distrust in the very foundation of the country’s economic system — the dollar.

  2. #2
    Senior Member RACING JUNKIE
    Join Date
    Dec 2007

  3. #3
    Senior Member RACING JUNKIE mopar1968's Avatar
    Join Date
    Dec 2006
    Yes we are :!: :!: Our own money :!: :!:

    Head's up the true drag race!!

  4. #4
    Senior Member RACING JUNKIE
    Join Date
    Jan 2012
    Shades of 1840!

    Can't say I've been there, done that, but back when the country was expanding state by state, both the states and many banks issued their own currency . . Of course, back then they used Gold or Silver to back up their dollar(s) . . today we use Politicians . . .

    Not quite the same . . .

  5. #5
    Senior Member RACING JUNKIE TheYellaBrick's Avatar
    Join Date
    Mar 2008
    Emmett, Idaho
    The last sentence of that article is key......
    to those who

    God Bless our folks in uniform
    "We the People, have your backs"

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