Nevada To Coin Its Own Currency ! Wow !!
There is a bill before the Nevada State Legislature. They wish to mint theor
own coins to hel Nevada's economy. There will
be a hearing on this Bill at the statehouse in Carson City, Nevada on April
4th, 2003 at 11:30 AM. If several states and
provinces would do this we'd reach our 3% awareness on the 'truth' about their
usury money system very rapidly.
From: Info at PAC
Subject: Nevada to Coin its own Currency
Date: Tue, 01 Apr 2003 01:45:45 -0600 (This is NOT a joke!!)
"There is tranquility in ignorance, but servitude is its partner."
It appears that some of the States in the "Union" are starting to exercise
Assembly Bill No. 532-Committee on Constitutional Amendments
March 24, 2003
Referred to Committee on Constitutional Amendments
SUMMARY--Directs issuance of Nevada silver coins. (BDR 31-1297)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State: No.
EXPLANATION - Matter in bolded italics is new; matter between brackets
[omitted material] is material to be omitted.
Green numbers along left margin indicate location on the printed bill (e.g.,
5-15 indicates page 5, line 15).
AN ACT relating to state financial administration; directing the issuance of
Nevada silver coins; providing that such coins
are legal tender for all debts in this state; and providing other matters
properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO
ENACT AS FOLLOWS:
Section 1. Chapter 353 of NRS is hereby amended by adding thereto the
provisions set forth as sections 2 and 3 of this act.
Section. 2. The Legislature finds that:
1. The State of Nevada, at the time of its admission to the United States, was
entity on equal footing with the 13 sovereignties that formed the compact
known as the Constitution of the United States.
2. In ratifying and approving the Constitution of the United States, Nevada
agreed to delegate certain of her sovereign powers
to three agencies of government, all in the form provided by the Constitution.
3. Among the powers delegated by Nevada was the sovereign power to issue
money. That power was delegated by Nevada
and its sister states to the Congress of the United States in Section 8 of
Article I of the Constitution of the United States, on condition that the
Congress would issue all money.
4. Nevada also, in Section 10 of Article I of the Constitution of the United
States, agreed not to issue its own money. This agreement was also conditioned
upon the Congress discharging its obligation to issue money as the agent of
Nevada and its
5. The purported delegation by the Congress of the power to issue money to the
Federal Reserve Bank, a privately owned corporation, is a violation of the
terms of the Constitution of the United States.
6. The failure of the Congress to discharge its obligation to issue all of the
money pursuant to Section 8 of Article I of the
Constitution of the United States absolves the State of Nevada from its
constitutional obligation not to issue money.
1. The State of Nevada shall issue into circulation coins of the State of
Nevada in the face amount of $50,000,000. The coins must contain 1 ounce of
fine silver, must be alloyed to 90 percent fineness and must bear The Great
Seal of the State of Nevada on one side and the words "Contains One Troy Ounce
Fine Silver," "Twenty Dollars," "Nevada Legal Tender" and the
year of issue on the other side. The coins so issued are legal tender for all
debts, public and private, in this state.
2. Except as otherwise provided in this section, when the coins authorized by
subsection 1 are received into the State Treasury,
they must be reissued. The coins must not be held as a reserve except as the
Legislature otherwise directs.
3. If the number of coins subject to the control of the State Treasurer
diminishes to 500,000, the State of Nevada shall make
successive issues of coins in accordance with subsection 1 in the face amount
of $50,000,000, unless the total face value of the coins already issued is
$500,000,000, in which case the State of Nevada shall issue no further coins
without prior approval of the Legislature.
4. If the Legislature of the State of Nevada determines that the Congress of
the United States is fulfilling its constitutional
obligation to issue money by: (a) Requiring the Federal Reserve Bank to retire
its circulating notes; and (b) Causing the issuance of sufficient notes of the
United States and other currency to meet the needs of the commerce of the
United States and of Nevada, the State Treasurer shall retire the coins
authorized by this section as they are received into the State Treasury.
Section. 4. This act becomes effective upon passage and approval.