c Richmond Sunlight » 2013 » Monetary unit based on metallic standard; joint subcommittee to study feasibility, etc. (HJ590)

Monetary unit based on metallic standard; joint subcommittee to study feasibility, etc. (HJ590)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Study; joint subcommittee to study alternative medium of commerce or currency; report. Establishes a joint subcommittee to study whether the Commonwealth should adopt an alternate medium of commerce or currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System. Read the Bill »

Status

02/14/2013: passed committee

History

  • 01/03/2013 Committee
  • 01/03/2013 Prefiled and ordered printed; offered 01/09/13 13100941D
  • 01/03/2013 Referred to Committee on Rules
  • 01/16/2013 Assigned Rules sub: Studies
  • 01/24/2013 Subcommittee recommends reporting with amendment(s) (4-Y 0-N)
  • 01/31/2013 Reported from Rules with substitute (11-Y 1-N) (see vote tally)
  • 01/31/2013 Committee substitute printed 13104659D-H1
  • 02/04/2013 Taken up
  • 02/04/2013 Floor substitute printed to Web only 13104896D-H2 (Marshall, R.G. )
  • 02/04/2013 Substitute by Delegate Marshall, R. G. withdrawn 13104896D-H2
  • 02/04/2013 Committee substitute agreed to 13104659D-H1
  • 02/04/2013 Engrossed by House - committee substitute HJ590H1
  • 02/04/2013 Agreed to by House (65-Y 32-N)
  • 02/04/2013 VOTE: ADOPTION (65-Y 32-N) (see vote tally)
  • 02/05/2013 Reading waived
  • 02/05/2013 Referred to Committee on Rules
  • 02/14/2013 Reported from Rules with amendments
  • 02/18/2013 Reading waived (40-Y 0-N) (see vote tally)
  • 02/19/2013 Read third time
  • 02/19/2013 Reading of amendments waived
  • 02/19/2013 Committee amendments agreed to
  • 02/19/2013 Rejected by Senate

Comments

Mark C writes:

It is an idea worth exploring. That way even if the rest of the hears the 'flush' sound we could/should be on a different path.

James Quillen writes:

He said that 2 years ago while he was running for the Senate and still trying to push it. Most people these days get paid and Direct Deposited to their accounts. Also they use Credit Cards and or Debit Cards to pay bills and purchases. Don't see changing the currency would help anything. Use the $22,000+ else where to benefit the state. The funny thing is that in the HJ590 it states " direct costs of this study shall not exceed $22,560 without approval as set out in this resolution." Now in 2011 for the very same thing which was HJ557 it states "the direct costs of this study shall not exceed $12,000 without approval as set out in this resolution." $10000 more than 2 years ago and all for just a study. Why more money for the same bill?

Mark C writes:

Mr. James,
You raise some interesting points but i do believe your questions, at least most of them, may already have been answered in the bill itself.

1-
"Most people these days get paid and Direct Deposited to their accounts."

A: I don't know how this bill would effect those banks not based in Virginia, but for banks that are, this would be good for THEIR customers.
Solution: Get a Virginia bank account.

2-
"... in the HJ590 it states " direct costs of this study shall not exceed $22,560 without approval as set out in this resolution." Now in 2011..."

A: Inflation.
Solution: It would be through enacting a bill like this that inflation would be beat to a bloody stump ...in Virginia anyway.

Mark C writes:

And now for some more thoughts (from a non-legal mind).

I admit i was willing to blindly follow Mr. Marshall on some things but i looked them up and guess what?

According to the
Constitution of these United States
Article I
Section 8
Clause 5 does indeed state the federal congress has the power to:

"...coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"

AND

Article I
Section 10
Clause 1 goes on to state:

"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit;"

BUT...

The funny thing is i myself never continued to read on. Had i done that i would have seen:

Article I
Section 10
Clause 1:

"make any Thing but gold and silver Coin a Tender in Payment of Debts;"

Hey Mr. James,
At this point i hope Mr. Marshall has most of the bugs worked out but maybe this would not even directly affect the citizens.

As i stated at the start, i'm no lawyer, don't know lawyering, don't want to know lawyering but it sounds good ...and here's the clincher: WE HAD BETTER DO SOMETHING.

Just before a ship sinks the rats are swimming to relative safety. Do not go by what you see. We've got stupid rats (then again, they could be smart rats wearing invisible parachutes).

Mark C writes:

To thems of you who can read and bent on destroying my country, the following words certainly apply:

"...You have broken your vow and it's all over now So (we're) movin' on..."

and

"...I've warned you twice, now you can settle the price '(So) I'm movin' on..."

you are bye bye with

"...I'm through with you, too bad you're blue Keep movin' on!..."

and finally adding this Notice to the Country wreckas

Time for all rats to leave so the ship can be repaired!

Thanks for coming. Couldn't want to be ya

marsha maines writes:

When the Private Federal Reserve (Central Bank owned by Foreign Creditors) decides they've been exposed enough, or the Queen calls in her Notes, they will SHUT DOWN the electronic currency. Anyone who is STILL unaware of how currency operates and the FED's debt generation/inflation control over this nation, needs to do some really quick ramping up...or they'll be swept by the tsunami of chaos. Did NO ONE get a clue during the "power outage" at the Superbowl? On and Off switch...all it takes is a flip of ONE switch.

Mark C writes:

Well it seems our illustrious, potentatic (look it up! ...keep looking) must have a better idea.

Let's see it.

Mr. Bolling? Mr. Stosch? Mr. Norment?

Shall we 'assume' you have a better plan?

OR

Or are we stuck in the going-with-the-flow mode?

I recall a saying, "Dead fish go with the flow."

Is there anyone in the Senate willing to swim upstream? ...Against the current of bad and evil ...Against the trap the Democrats have laid before us? ...Against the insidious, oh so enticing, "Let's just wait and see what happens?" attitude?

There are some in the House who wanted to see some discussion on this.

Also recall this little ditty: Dead fish stink. Virginia won't stand too long for you all stinking up the rest of us. We are even now looking for folks to take your place. Folks who are willing to stand up and fight. That is why we pay you.

TO FIGHT!

If fighting is not your thing then why are we paying you?

Thank you Mr. Marshall for the idea. Now we know where most everybody stands on Virginia and freedom.