Idaho Joins the Rush Toward Honest Money

The source of almost half of all U.S. silver mining production, the state of Idaho, is satisfying their duty to defend the inherent rights of its citizens. Representative, Phil Hart, has introduced Idaho HB430 titled “Idaho Constitutional Money Act of 2012″ to the Idaho House of Representatives. Under the provisions laid out in this legislation, all citizens of Idaho would be protected in their right to transact business in the form of money designated in Article 1, Section 10, Clause 1 of the U.S. Constitution where it is stated that “No State shall “…make any Thing but gold and silver Coin a Tender in Payment of Debts…”.

Here is a sample of the bill with an embedded link to the full text…

SECTION 1. LEGISLATIVE FINDINGS AND STATEMENT OF POLICY.

(1) The Legislature of the State of Idaho hereby finds and declares that, because it is based entirely on debt and not redeemable in gold or silver coin, the currency emitted by the Federal Reserve System has created and threatens to create increasing instability in the governmental finances and private economy of the State of Idaho.

(2) In order to protect Idaho and its citizens against this danger, it is necessary for the state to designate gold and silver coin as official “legal tender” in payment of debts under certain circumstances.

(3) Such a designation is within the authority of the State of Idaho as an exercise of its police power, and under the aegis of Clause 1, Section 10, Article I of, and the Tenth Amendment to, the Constitution of the United States.

(4) The Legislature also recognizes the liberty of Idahoans to conduct business in gold and silver coin uninhibited at their own discretion as a right never delegated by the People of Idaho to any governmental institution.

Representative Hart, a long-time tax protester, has been embroiled in state and federal battles over what he calls unconstitutional assessment of income taxes. He alleges that the denial of business deductions are in retaliation for his book “Constitutional Income” which challenges the legality of income tax.

Whether Representative Hart is successful or not in his bid to beat back taxing agencies, the people of Idaho should be proud to have an elected employee who is fighting to protect their right to use Constitutional money.

Representative Hart was on floor of the Idaho House today and unavailable to comment on this story. Any comment received will be reprinted in this article as an update.