Article

2015-07-17 Economy

Texas Challenges Federal Reserve, Opens Gold Backed Bank

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Posted by Ebbomosh Hupemp2664 2015-07-17 00:00|| || Front Page|| [11127 views ] Top

#1 How to avoid being dominated by bankers: open your own bank.

Posted by Kojo Borgia5209 2015-07-17 01:21|| 2015-07-17 01:21|| Front Page Top

#2 Good luck getting your gold back, Texas.

Respectfully,
Germany

Posted by Lowspark 2015-07-17 01:59|| 2015-07-17 01:59|| Front Page Top

#3 Private ownership of gold was prohibited under another political tyrant. Same could happen again. Off-shore might be the key. I wish them the best however.

Posted by Besoeker 2015-07-17 03:07|| 2015-07-17 03:07|| Front Page Top

#4 Texas raises most revenue from a land tax.
It's quite simple to turn this into a currency by merely saying the scrip is good for paying the land tax.

Posted by Bright Pebbles 2015-07-17 07:57|| 2015-07-17 07:57|| Front Page Top

#5 While some analysts have said the move may be another sign heralding Texas' eventual secession from the union

San Francisco, Spokane and other cities that have adopted "sanctuary city" policies are basically moves towards secession--and yet Washington seems to embrace such policies whereas not secession.

Posted by JohnQC 2015-07-17 08:13|| 2015-07-17 08:13|| Front Page Top

#6 First, though, officials will need to select a home for the Texas depository.
I seem to remember a now abandoned supercollider ring that might be appropriately secured.

Posted by Skidmark 2015-07-17 10:51|| 2015-07-17 10:51|| Front Page Top

#7 No, Skid, they grow mushrooms in the supercollider facility. I am totally serious.

Posted by ed in texas 2015-07-17 13:44|| 2015-07-17 13:44|| Front Page Top

#8 I have a stash of 60 and 100 watt incandescent light bulbs for when the Federal Reserve currency becomes worthless. I'm also sitting on a small field of natural gas. A stash of canned tuna, some vienna sausages, and a couple of gallons of moonshine should see me through quite a while.

Posted by Deacon Blues 2015-07-17 20:09|| 2015-07-17 20:09|| Front Page Top

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