YES WE CAN! Abolish the Fed, that is...
Ron Paul, Chair of the House Monetary Policy Subcommittee, has introduced two bills regarding the Money Issue:
HR 1098 which legalizes the setting of legal tender in private contracts; abolishes taxes on gold & silver coin trading.
H.R.1098 -- Free Competition in Currency Act of 2011
To repeal the legal tender laws, to prohibit taxation on certain coins and bullion, and to repeal superfluous sections related to coinage.
HR 1094 which abolishes the Fed Reserve board of governors and puts it in receivership preparatory to abolition.
H.R.1094 -- Federal Reserve Board Abolition Act
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
The approach that Dr. Paul proposes is a continuation of his overall program to "Legalize Freedom..." as he says.
Will the Tea Party Movement support these bills?
Here is a short video interview I did with Dr. Paul last month on the issue of Pushing Back to Legalize Freedom: http://www.youtube.com/watch?v=0WhlwOojjF4
The good folks at DownsizeDC have an action item to support Dr. Paul's monetary bills (this action item is about HR.1098, but you can add comment about HR.1094 to it): https://secure.downsizedc.org/etp/campaigns/85
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