Posted by CielPoole on 02/24/09Last updated 02/24/09
By: Delegate Impallaria
HOUSE JOINT RESOLUTION
Federal Money and Banking
For the purpose of urging the Unites States Congress to restore honest money backed by silver and gold in accordance with the requirements of the United States Constitution, phase out Federal Reserve notes, and return to the free market banking practices that the Founding Fathers codified in the United States Constitution.
WHEREAS, There is a nationwide economic crisis that needs a speedy resolution; and
WHEREAS, Future recurrences of a similar crisis should be prevented; and
WHEREAS, Federal Reserve notes are unconstitutional, inflationary and at the heart of the present economic distress; and
WHEREAS, Free market banking practices are in the best interests of the citizens of the United States; now, therefore, be it
RESOLVED BY THE GENERAL ASSEMBLY OF MARYLAND, That the United States Congress is urged to:
(1) Restore honest money backed by silver and gold in accordance with the requirements of the United States Constitution;
(2) Phase out Federal Reserve notes; and
(3) Return to the free market banking practices that the Founding Fathers codified in the United States Constitution; and be it further
RESOLVED, That a copy of this Resolution be forwarded by the Department of Legislative Services to the Maryland Congressional Delegation: Senators Barbara A. Mikulski and Benjamin L. Cardin, Senate Office Building, Washignton, D.C. 20510; and Representatives Frank M. Kratovil, Jr., C. A. Dutch Ruppersberger III, John P. Sarbanes, Donna Edwards, Steny Hamilton Hoyer, Roscoe G. Bartlett, Elijiah E. Cummings, and Christopher Van Hollen, Jr., House Office Building, Washington, D.C. 20515.
Signatures on the Bill, as of end of business, February 6.
Sponsor ... Delegate Impallaria Co-sponsors ... Delegates Boteler, Dwyer, George, Jennings, McComas, McConkey, McDonough, Minnick (D), Serafini, Shewell, Stocksdale, Stull and Walkup
Friday, February 13, 2009 The Honest Money Resolution is now House Joint Resolution 5 and has been assigned to the Rules and Executive Nominations Committee. No time has yet been assigned for a hearing. This Committee has 19 Democrats and four Republicans. The Democrats are Harrison (Chair), Cane (Vice Chair), Bobo, Branch, Conway, Davis, Doory, Dumais, Hammen, Hixson, Howard, Jones, Malone, McIntosh, Pendergrass, Proctor, Rosenberg, Randolph and Vallario. The Republicans are O'Donnell, Shank, Kach and Walkup. Of note, we have one vote on the Committee thus far - Delegate Mary Roe Walkup of the Eastern Shore. More updates coming soon!
Thank you Cindy Jones, Campaign for Liberty Member and Vice Chair Maryland Republican Liberty Caucus for this info and updates! http://www.rlcmd.com
Categories: Republican Party, State Legislation, Economy, Monetary Policy Tags:
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