Sound Money October 15, 2008
by Will
Will Grigg?s Liberty Minute
October 15, 2008
He was scorned by the Republican Party leadership, mocked and slandered for his morally sound opposition to the Iraq War, and forbidden a speaking role at the recent convention. But former presidential candidate Ron Paul is now receiving credit for his repeated urgent warnings about the economic catastrophe now enveloping our nation.
For decades, Rep. Paul warned that our system of fiat money, fractional reserve banking, and public debt was unsustainable. Last week brought terrible vindication as investment markets collapsed and millions of people saw their retirement accounts disappear.
Five years ago, Dr. Paul introduced the Honest Money Act, which would repeal the so-called legal tender laws that compel acceptance of irredeemable paper money. Citizens would have the option of using constitutional money ? gold and silver ? to conduct business.
Though Congress shows no interest in the Honest Money Act, it points the direction we must go if economic sanity is to be restored.
Let us take back the liberty wherewith Christ has made us free.
10/19/08 01:52:12 pm,