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Washington State Moves to Protect Its Economy From the Federal Reserve

February 4, 2012
Bojidar Marinov, Godfather Politics

The legislature of Washington State is considering a bill that will declare gold and silver legal tender within the state.

This ought to have been done long ago, by all the states. Long ago, I mean, as early as 1871 when the Supreme Court overruled its own decision of two years earlier in Hepburn v. Griswold that the Federal government had no Constitutional authority to declare the “greenbacks” a legal tender. In Knox v. Lee the decision was that the U.S. Government, after all, had such authority.

Which meant that after 1871 the door was opened for the Federal government to manipulate the currency. It led to the creation of the Federal Reserve, the largest system of currency counterfeiting the world has ever seen. It led to the confiscation of all private gold by the Federal government under FDR.

And it led to the consistent inflation of the money supply by the Federal Reserve in the last one hundred years, leading to the devaluation of the dollar, the wiping out of the savings of millions of American families, and to the enrichment of Wall Street at the expense of Main Street.

And now… the rest of the story. …..

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