TwitterFacebook

SC Republican Wants to Ban Money

Weird • Views: 1,450

South Carolina State Rep. Mike Pitts wants to ban money.

South Carolina will no longer recognize U.S. currency as legal tender, if State Rep. Mike Pitts has his way.

Pitts, a fourth-term Republican from Laurens, introduced legislation earlier this month that would ban what he calls “the unconstitutional substitution of Federal Reserve Notes for silver and gold coin” in South Carolina. If the bill were to become law, South Carolina would no longer accept or use anything other than silver and gold coins as a form of payment for any debt, meaning paper money would be out in the Palmetto State.

Pitts said the intent of the bill is to give South Carolina the ability to “function through gold and silver coinage” and give the state a “base of currency” in the event of a complete implosion of the U.S. economic system.

“I’m not one to cry ‘chicken little,’ but if our federal government keeps spending at the rate we’re spending I don’t see any other outcome than the collapse of the economic system,” Pitts said. …

“To me, something I can hold tangible in my hand I can put more value in, especially under the current rate of inflation,” Pitts said. “In the case of total economic collapse, a barter tool is going to be worth a whole lot more value than paper with ink on it.”

But one legal expert told The Palmetto Scoop that, even if it were passed, Pitts’ bill would quickly be ruled unconstitutional.

(Hat tip: KT.)

^ back to top ^

TwitterFacebook

Turn off all ads for a full year by subscribing!
Take advantage of our yearly subscription, and save 50% off the normal subscription price! One-year ad-free subscriptions are just $59.95. Turn off all ads for a full year by subscribing now and save!
Read more...

► LGF Headlines

  • Loading...

► Tweeted Articles

  • Loading...

► Tweeted Pages

  • Loading...

► Top 10 Comments

  • Loading...

► Bottom Comments

  • Loading...

► Recent Comments

  • Loading...

► Tools/Info

► Tag Cloud

► Contact

You must have Javascript enabled to use the contact form.
Your email:

Subject:

Message:


Messages may be published unless you request otherwise.
Tech Note:
Using the Contact Form
LGF Pages

This button leads to the main index of LGF Pages, our user-submitted articles. You can post your own LGF Pages simply by registering a free account with us.

Create a Page

This is the LGF Pages posting bookmarklet. To use it, drag this button to your browser's bookmark bar, and title it 'LGF Pages' (or whatever you like). Then browse to a site you want to post, select some text on the page to use for a quote, click the bookmarklet, and the Pages posting window will appear with the title, text, and any embedded video or audio files already filled in, ready to go.

Or... you can just click this button to open the Pages posting window right away.

Last updated: 2015-06-25 5:21 pm PDT

LGF User's Guide RSS Feeds
Recent Pages
Rocky-in-Connecticut
Another Mall Gunman : Libertarian Utopia Being Realized
orlandosentinel.com All hail the new Republican/Tea Party/NRA Loonfest Utopia now being realized across the South in particular. Thank you, 5-4 Supreme Court. The only real-life justice in this would be that the 5 justices in favor of this travesty would ...

4 hours, 23 minutes ago
Views: 87 • Comments: 0
Tweets: 0 • Rating: 0
aagcobb
Kentucky Clerk Sued for Not Issuing Gay-Marriage Licenses
CLAIRE GALOFARO, Yahoo: Kentucky Clerk Sued for Not Issuing Gay-Marriage Licenses The American Civil Liberties Union of Kentucky filed a federal lawsuit against Rowan County Clerk Kim Davis on Thursday afternoon on behalf of two homosexual and two heterosexual couples, ...

4 hours, 41 minutes ago
Views: 75 • Comments: 3
Tweets: 0 • Rating: 1
Thanos
Blood Brother - Tommy Emmanuel
The music video for Blood Brother is based on a true story first told on Reddit by Justin Horner. The message is simple: everyone deserves a random act of kindness, no matter who they are. Director Clara EmmanuelProducers Clara ...

15 hours, 19 minutes ago
Views: 66 • Comments: 0
Tweets: 0 • Rating: 0
Cheechako
Test Pilot Admits the F-35 Can’t Dogfight
War Is Boringby DAVID AXE A test pilot has some very, very bad news about the F-35 Joint Strike Fighter. The pricey new stealth jet can't turn or climb fast enough to hit an enemy plane during a dogfight ...

3 days, 9 hours ago
Views: 553 • Comments: 5
Tweets: 9 • Rating: 2
PhillyPretzel
Patrick Macnee dies
I was looking at Philly com this morning and I saw this article. I was one of those who watched some episodes of this old series and liked it. Please read this article on Patrick Macnee from their website: philly.com ...

5 days, 1 hour ago
Views: 319 • Comments: 1
Tweets: 0 • Rating: 2
FemNaziBitch
Many See a Victory for Children, Too - Video
Thousands, including parents, babies and dogs, flocked to the Supreme Court after its ruling on same-sex marriage. Supporters spoke about how they thought the ruling helped maintain and support families. More: Many See a Victory for Children, Too - ...

5 days, 8 hours ago
Views: 279 • Comments: 0
Tweets: 0 • Rating: 0
Lumberhead
‘It’s Time for Good Cops to Do Something About Bad Cops’
Today's relationship between the Baltimore police department and the city's black residents was determined by neither Obama Administration statements nor New York Times editorials nor liberal hashtag activists. Rather, it was determined by years of interactions between residents of ...

5 days, 17 hours ago
Views: 769 • Comments: 0
Tweets: 36 • Rating: 1
SteveMcGaziBolaGate
Schoolchildren Build a Better Condom
From philly.com "A group of schoolchildren from Essex, England, have invented a condom that detects sexually transmitted infections such as chlamydia and syphilis."The condom would change color to warn the couple if a strain of bacteria is present." That's the ...

1 week, 1 day ago
Views: 421 • Comments: 3
Tweets: 0 • Rating: 1
Great White Snark
Hypocritical Taylor Swift Photo Contract: Break Our Rules, and We Can Break Your Gear
Pop star power play. Yesterday, photographer Jason Sheldon published an open letter to Taylor Swift, accusing the singer of being a hypocrite by accusing Apple of treating artists unfairly while herself handing out heavy-handed contracts for concert photographers to sign. ...

1 week, 2 days ago
Views: 706 • Comments: 7
Tweets: 0 • Rating: 3
The Vicious Babushka
How White Christians Used the Bible — and Confederate Flag — to Oppress Black People
More: How White Christians Used the Bible -- and Confederate Flag -- to Oppress Black People On Jan. 4, 1861, a Catholic bishop named Rev. A. Verot ascended a pulpit in The Church of St. Augustine, Florida, and defended the ...

1 week, 3 days ago
Views: 960 • Comments: 1
Tweets: 21 • Rating: 4
 Frank says:

With the power of soul you can do anything you wanna do.