Bill Greene - HB3 Constitutional Tender Act

Coverdell Legislative Office Building (CLOB)
18 Capitol Square SW Atlanta, GA 30334

Atlanta, GA

Monday, March 7 · 9:00am - 12:00pm

Excellent job making the case by Dr. Bill Greene and Representative Bobby Franklin.

My Testimony - HB3 Constitutional Tender Act

Click here for the video and response from the committee.


Coverdell Legislative Office Building (CLOB)
18 Capitol Square SW Atlanta, GA 30334

Atlanta, GA

Monday, March 7 · 9:00am - 12:00pm

Good morning. My name is Shane Coley.

I have studied history and economics extensively.  I was raised in the cattle business, I can operate or rebuild heavy equipment and I am a professional software architect. I am self-employed. I was recently a candidate for state Senate in the 47th District where I carried my home county.  My positions here today match my positions during the campaign.

The laws of Georgia are created and modified by our state legislature.  The legislature is made up of individuals, like you, who analyze legislation in the context of your personal belief system, which makes your belief system very important to Georgians.

The majority of the banking and finance committee members publicly claim to be Christian. Therefore, I will talk about some of the general constraints or limits of the Christian belief system, and then about secular belief regarding theft or stealing.

In at least nine places the Bible tells us about differing weights and differing measures.  In at least four places the Bible says that differing weights and differing measures are an abomination to God.  A Christian must not ignore this.

Here is an example of differing measure:  Suppose I were in the market buying wheat and I had a basket marked one bushel, but the basket was secretly larger than one bushel.  My oversized basket would enable me to steal part of your wheat. 

Differing weights and differing measures deceptively cause theft, which is a violation of the Eighth Commandment, "You shall not steal".

Since 1971, the only way to create a new US dollar is to record an entry in a ledger of the Federal Reserve System, or in a ledger of your local bank.  Producers have to work years for new Dollars that the bank creates instantly with the stroke of a key.

When new US dollars are created in this way, there is no new wealth created, but the purchasing power of all previously existing dollars is decreased.  This is an example of using differing measures to steal labor and property from producers.

This is clearly, undeniably, objectively a form of theft. To support fiat or fractional money is to support theft. 

Some claim that our money system makes us wealthy. This is false. Wealth is the result of production.

Many of us notice that People depend on Production. People eat food and use things. Food and things must be produced. Government Produces nothing and wastes much. Since people depend on production and government interferes with production, there is no way that government has any solutions for us. We must remember that every promise made by a government official has to be kept by a producer. There is no other way.

It is impossible to confiscate a loss. Only profits or capital from past production can be confiscated. It is logically impossible for the creation of new US Dollars to make us wealthy. If I had time, I would prove that creating costless money will first make us poorer and eventually crush our free society.

The reality is that the creation of costless money can only lead to the destruction of a free society.

For those who are not constrained by the Christian belief system, if you oppose theft then you must oppose creating new US dollars from nothing.

Please listen carefully to the following quote from an old banker.

“The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class. The great body of people, mentally incapable of comprehending the tremendous advantages will bear its burden without complaint.”

To the Christians and those who oppose stealing: I respectfully ask that you vote for the Constitutional Tender Act as a small step toward eliminating differing weights and differing measures and theft from our monetary system.

And finally, let’s recall a bit of what John Maynard Keynes wrote in 1919: “while [creating costless money] impoverishes many, it actually enriches some” and also “[Inflation] engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”

To those members who hold stock in banks or have otherwise profited from the banking business: Since our loss is your gain, I respectfully ask that you recuse yourself from this vote and from the vote on the final bill.

Liberty & Production Radio - Tom Woods Interview

Tom Woods

Rollback

Ron Paul - One Chance 2012

There two things I like most about Ron Paul.

Ron Paul loves Liberty.

and

Ron Paul is right.

Those are pretty good credentials...

Coinage Act of 1792

The Coinage Act of 1792, passed while George Washington was President, called for the death penalty for anyone who profited by manipulating our coins in any way.

Penalty on debasing the coins.

Section 19.  And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of the fine gold or fine silver therein contained, or shall be of less weight or value than the same out to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offenses, shall be deemed guilty of felony, and shall suffer death.

The American Dream By The Provocateur Network

Watch it.

The Costly Free Gift

Most people are aware of the story of Joseph in the Bible.  Many are aware that Joseph is considered a "type" of Jesus.  In other words, Joseph was a living picture which teaches us things about Jesus. 

In the case of the Cupbearer and the Baker, for example, we see at least two parallels.

First we see the two thieves on the cross, one who was lost and one who was saved.  Next we see the bread and the wine, the two elements of communion at the Last Supper.

There are many more similar parallels or pictures of the life of Jesus in the story of Joseph.  However, the picture that follows in this essay is somewhat unique. I discovered this while studying Scripture, but have never seen it written anywhere else and have yet to meet anyone who had seen the same.  If you know where I may find this written in another place, please let me know.

This essay relates to Genesis 41-47.

The Bread of Life

John 6:35 Jesus said to them, "I am the bread of life; he who comes to Me will not hunger, and he who believes in Me will never thirst.

In the book of John, Jesus declares that he is the bread of life.  In the story of Joseph, because there was a famine in the land and Joseph controlled all of the existing grain, it could be said that Joseph held in his hand "the bread of life".

The Free Gift

There are many more details to the story, but for the purpose of this essay we will only address the points that are pertinent.

When Joseph's brothers came to buy grain the first time, they were sent away with their grain and secretly their silver.  When they returned to buy grain a second time, they brought back double the silver in order to pay for the grain from the previous trip as well as the additional grain they were hoping to buy.  They brought back double the silver because they feared this Egyptian ruler would have them put to death for “stealing silver”, even though they did not put their silver in their bags. Joseph did.

Not only were they given additional grain and all of their silver, they were also told to go home, collect their family and bring nothing back on the trip.  Pharaoh communicated through Joseph. Pharaoh instructed Jacob to forget about all his goods and come to Egypt where the best of Egypt would be at his disposal.

Therefore, we see that for the Israelites, the bread of life held in the hand of Joseph was a free gift that they could not pay for even when they tried.

The Costly Gift

The Egyptians, on the other hand, had a different experience.  First they purchased grain with their silver.  When their silver ran out, Joseph sold them grain in exchange for all their livestock.  When their livestock was gone and they were facing death, they came to Joseph and said:

Genesis 47:18-19 When that year was ended, they came to him the next year and said to him, "We will not hide from my lord that our money is all spent, and the cattle are my lord's. There is nothing left for my lord except our bodies and our lands. "Why should we die before your eyes, both we and our land? Buy us and our land for food, and we and our land will be slaves to Pharaoh. So give us seed, that we may live and not die, and that the land may not be desolate."

Therefore, we see that for the Egyptians, the bread of life held in the hand of Joseph was costly, even to the point of costing everything they had, including themselves.

The Paradox

Taken together we have the following illustration:

The bread of life, i.e. Salvation, is the free gift that costs you all you have.