Integrity Legal

Posts Tagged ‘Legal Tender’

12th May 2011

It recently came to the attention of this blogger that legislation has been introduced in the jurisdiction of the sovereign State of South Carolina which would incorporate provisions for “sound money” or “legal tender reform” therein.  To quote directly from the website of Midlands Connect at MidlandsConnect.com:

COLUMBIA (WACH) — South Carolina lawmakers are proposing a bill that would give the state another form of legal tender. Sen. David Thomas, a Republican from Greenville, wants to make gold and silver coins another option in the Palmetto State.  Lawmakers are calling it the Sound Money Legislation. “I’m no financial expert but am I smart enough to know that you can’t keep printing money when it has no backing,” says SC Republican Representative Mac Toole. Thomas also wants a special joint committee to study the need and process for establishing an alternate currency.  Read the entire bill here.

The administration of this web log strongly encourages readers to click on the hyperlinks above to gain further insight on this developing story.

Readers of this blog may be aware that the sovereign Commonwealth of Virginia appears to have a similar bill in her legislature while the Governor of the sovereign State of Utah recently was reported to have signed similar “sound money” legislation thereby apparently enacting legal tender reform in that State.

Meanwhile, the issues associated with States’ Rights are coming to a head in the context of the sovereign State of Arizona as that jurisdiction may see a bill brought to the State legislature which would divide the State into two separate sovereign States. To quote directly from what appears to be a Reuters story posted on Yahoo News Canada:

TUCSON, Arizona (Reuters) – A long-simmering movement by liberal stalwarts in southern Arizona to break away from the rest of the largely conservative state is at a boiling point as secession backers press to bring their longshot ambition to the forefront of Arizona politics. A group of lawyers from the Democratic stronghold of Tucson and surrounding Pima County have launched a petition drive seeking support for a November 2012 ballot question on whether the 48th state should be divided in two.

Readers of this blog are asked to click upon the hyperlinks above to learn more about this interesting state of affairs.

Under American law it is generally considered possible in an intraState context to see a State legally and peaceably subdivide herself. This is not a common occurrence within the American political system and the ramifications on a geopolitical level could be tremendous. At the same time, such a subdivision could have an important impact upon American national politics as the addition of a new American State to the United States of America would mean that the United States House of Representatives and and the United States Senate could see new membership traveling to those hallowed halls from a newly created “Baja Arizona” (the current label apparently being applied to the as-yet unborn State).

How all of these issues will play out over the course of the coming weeks and months remains to be seen, but one thing is clear: it is an interesting time to be an American.

For related information please see: Full Faith and Credit Clause.

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9th March 2011

In turns of events that may have seemed fantastical even 4 years ago, the Anglo-American socio-political, economic, and legal spheres are evolving at a rapid rate with little end in sight. This blogger recently discovered that a group in a county of the United Kingdom has arrested a judge invoking ancient rights granted pursuant to Magna Carta. To quote directly from the WirralGlobe.co.uk:

Protestors have “civilly arrested” a judge at Birkenhead county court…Made up of people from across the UK, the marchers say they are exerting their “ancient right to lawful Rebellion under Magna Carta…”The crowd, although largely peaceful, is chanting “freedom” and “arrest that judge…”

This blogger highly recommends that those so interested click upon the above links to view an in depth report on this interesting state of affairs. This blogger would also suggest clicking on this link to see what appears to be a video documenting these events happening in real time. In any event, the affairs mentioned above are notable in that it is not all the time one sees the British Citizenry engaged in such endeavors. The current propensity toward unconventional tactics and methods in the political and legal spheres is having an impact upon currency in the United States and around the world as the United States, the United Kingdom, China, and the nations comprising the Association of Southeast Asian Nations (ASEAN) are all encountering political pressure resulting from economic forces acting upon these nations. In an effort to gain leverage over an increasingly difficult economic situation the House of Representatives in the sovereign State of Utah has passed legislation which would promote gold and silver as legal tender within the jurisdiction of the State of Utah. To quote directly from the website TalkingPointsMemo.com:

The Utah House of Representatives has approved a bill that allowing gold and silver coins to be used as currency, though unlike similar bills in other states, it doesn’t force anyone to accept gold or silver as legal tender. House Bill 317 was introduced by state Rep. Brad Galvez (R) last week, and passed the House by a vote of 47-26. It will now head to the state Senate for a vote. [sic]

Clearly the political winds of change are blowing across North America, the United Kingdom, and Europe. How events will unfold as the stories above play out are anyone’s guess, but those Americans resident abroad in Asia as well as other expatriates and Citizens of nations such as China, Thailand, Indonesia, India, and the ASEAN member nations are likely watching some of these events unfold with a keen eye as modern history has shown that events occurring in one location can have reverberations of a global magnitude.

For related information please see: Integrity Legal.

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