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| An introduction to the IHMA |
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| Written by Jerry | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wednesday, 03 December 2008 22:22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Welcome to the homepage of the Committee for Indiana Honest Money. We are ordinary citizens - your neighbors, lobbying for a return to Honest Money in the State of Indiana. We hope you'll read and explore our pages, articles and links; and further educate yourself on the benefits of Sound, Honest money. As well, we hope that you will join us in our campaign to return economic liberty to our state and country. People of Indiana find and declare that: 1. The absence of gold and silver coin (in that form or in the form of an Electronic Gold Currency defined as and absolutely payable in a specified weight of that metal, and convertible on demand into gold and silver coin) as media of exchange between the State of Indiana and her citizens, inhabitants, and businesses, in the exercise of the State's essential sovereign prerogatives, functions, rights, powers, privileges, and duties: (a) Abridges, infringes on, and interferes with the sovereignty and independence of this State and her citizens, inhabitants, and businesses, and their rights, powers, privileges, immunities, and prerogatives as a political community, recognized and guaranteed to them by Article 11, Section 7 of the Constitution of the State of Indiana.
(b) Exposes this State and her citizens, inhabitants, and businesses to chronic problems and potentially serious crises that may arise from the economic and political instability of the present domestic and international systems of coinage, currency, banking, and credit in which gold and silver have no effective role; (c) Exposes this State and her citizens, inhabitants, and businesses to the chronic depreciation of media of exchange other than gold and silver, which losses in purchasingpower amount to the incremental confiscation of their property without just compensation, in violation of Article I, Section 10, Clause 1 of the Constitution of the United States, and the Due Process Clause of the Fifth Amendment thereto; and (d) Restricts the ability of this State and her citizens, inhabitants, and businesses to fulfill and enjoy the mandates and guarantees of Article 1, Sections 1, 23, 25; and Article 11, Sections 3 and 7.of the Constitution of the State of Indiana. 2. In order to preserve the sovereignty and independence of this State and her citizens, inhabitants, and businesses, and their rights, powers, privileges, immunities, and prerogatives as a political community, as well as to protect, provide for, and promote the people's safety, health, welfare, security, and economic prosperity, it is imperatively necessary and proper for the General Assembly to guarantee to and provide for this State constitutional and economically sound media of exchange by exercising: (a) This State's power, privilege, and duty to "make * * * gold and silver Coin a Tender in Payment of Debts", as reserved to and required of each State under Article I, Section 10, Clause 1 of the Constitution of the United States, and confirmed by the Tenth Amendment thereto and by Article 11, of the Constitution of the State of Indiana; and (b) Other powers, reserved to this and every State by the Tenth Amendment, and to this State by Article 11, of the Constitution of the State of Indiana, which relate to this State's choice of media of exchange for the fulfillment of her essential sovereign functions. (c) To correct errors and conform with Article 1, Section 25 of the Constitution of the State of Indiana, "No law shall be passed, the taking effect of which shall be made to depend upon any authority, except as provided in this Constitution."
"What is Honest money?", you may ask. Honest, or Sound money, is simply gold and silver. The money of the ages. Preferred currencies since the dawn of civilization. Sound money has real value, holds that value over time and in catastrophe, and provides individuals with personal economic independance from banks and government.
Personally knowing the benefits of sound money over 'paper script', our forefathers were very specific as to tender: THE UNITED STATES CONSTITUTION Article I, Section 10.
No State shall enter into any Treaty,
of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and
silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law,
or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
Fiat currencies such as we have today are not new. They had been tried and used a number of times prior to the forming of our country. The Continental was the first script of the revolutionary government... and by wars end was subject of derision as it had fallen to 0 worth. "Not worth a Continental." Under the "Articles of Confederation", States could create their own fiat currencies, and of which they did and in the ensuing nightmare of dozens of public, private and international tender, it wasn't long before there was financial havoc in the young country. It is these direct experiences that influenced the framers of the Constitution to specify Sound Money. One of the first major works of the First Congress was the coinage act of 1792, which was ALL about sound money. They knew that giving a bank or State the power to print and control the supply of currency in the way of paper script, was a direct affront to personal economic liberty, and therefore a threat to liberty as a whole. An explanation of how we have (d)evolved from what the Constitution instructs us to the system we have today, a fiat currency controlled by a central bank; is far beyond the scope of this article. Please check "What happened to Sound Money?" in the left pane for a compendia of articles and links for your further consideration and review. Suffice it to summarize that it has been a nefarious route that has delivered us unto a centralized power that exercises unfathomable control upon every facet of our private lives. Now more than ever, we are at a fork in the road where are economic liberties may be forever lost. Action and urgency are called for and are of the utmost need. As our economy worsens, the lessons of the past go unheeded and unheralded. Revisionists again hoist New Deal policies and FDR socialism as the cure to our ills and the vast majority of Americans are ignorant to the facts of fiat currency, central banks and the control they have over our lives. We hope to change this, to enlighten and educate about the benefits of economic liberty through sound money, and foremost, provide a viable method to restore individual economic liberty.
The Indiana Honest Money Act is based on model legislation introduced in New Hampshire called the "GOLD AND SILVER COIN AND ELECTRONIC CURRENCY" amendment. The bill was authored by one of our country's leading Constitutionalists, Dr. Edwin Vieira. With a PhD in Constitutional law, he is a Constitutionalists, Constitutionalist. Dr. Vieira authored and published three articles introducing his model legislation via his column on newswithviews.com. I have included links to the articles further down in this article..... where you see New Hampshire you can substitute Indiana, as we have remained faithful to the original model, changing only specific formating and references to conform to Indiana's Code and Constitution. The specifics, Our 'Foundation documents': The State Electronic Gold Currency Plan, Part 1, 4-20-05. Explains why reform of America's monetary and banking systems requires introduction of a private electronic gold currency as a parallel medium of exchange in competition with Federal Reserve Notes and the Treasury's base-metallic coinage. The State Electronic Gold Currency Plan, Part 2, 4-25-05. Explains why States provide the best vehicle for introducing such a new monetary unit. The State Electronic Gold Currency Plan, Part 3, 4-29-05. Highlights the specifics of the plan as they apply to the model State: New Hampshire. The New Hampshire 'Goldmoney bill' - New Hampshire's legislation. The Constitution of the United States The Constitution of the State of Indiana
3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved." |
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