The following is a resolution that was submitted by several precincts in Lexington and precincts in other counties all over the state during the recent reorganization of the South Carolina Republican Party. This and other resolutions were passed at the Lexington County Convention. It is an attempt to put the party back on the straight and narrow path of limited government, fiscal responsibility, and equality under the law. The journey will be a long one but it all starts with an idea. This and other resolutions to follow are in pursuit of our unalienable rights and an effort by the people to reinstate some level of control over a state government run by Republicans that refuse to do the right thing almost all the time. If you are interested in restoring limited government to South Carolina, please get involved and start learning and monitoring and, most of all, talking about what your elected officials are doing--L.C.
RESTORATION OF CONSTITUTIONAL MONEY
Whereas Article I, Section 10 of the US. Constitution states: "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters 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;" and
Whereas the sovereign monetary power entrusted to the Federal Government by the States has been unconstitutionally handed over to private corporations, i.e. the Federal Reserve System and its member banks; and
Whereas the Federal Reserve is a private entity that has been illegally granted unlimited and illegal power by Congress to create money and to force its circulation upon the population by "legal tender" laws; and
Whereas the Federal Reserve has replaced sound public money consisting of Constitutionally mandated gold and silver coin with its own private fiat money consisting of Federal Reserve notes and bank credit backed by no commodity; and
Whereas by these means, the Federal Reserve has seized control of the national economy and every American’s economic destiny through the mechanisms of inflation and deflation through manipulation of the value of the fiat money supply; and
Whereas the taking of value directly from the holdings of the citizenry is a most insidious form of servitude that impoverishes them by allowing others in control of the money supply to illegally and immorally profit from their labor and accumulated property; and
Whereas real local economies have been sacrificed to a theoretical national economy and productive industry has been transported overseas amid assurances that we will all prosper in the so-called “new” or service economy; and
Whereas the ballooning balance of trade deficit and rising unemployment among our fellow Americans show how false these assurances are; and
Whereas the Federal Reserve was created to inflate, and the inflation it has spawned has created an economy based on speculation and economic bubbles instead of honest production of goods and services; and
Whereas when there are economic downturns, the creators of these bubbles turn to Congress to seek relief at the expense of taxpayers who have already been robbed of much wealth further depressing the economic well being of our county; and
Whereas the dangerously large cycles of economic booms and busts ruin countless lives and render impossible any stable prosperity necessary for the pursuit of happiness; and
Whereas replacing public money with private bank credit means that all money must be borrowed into existence and, as a consequence, Americans are falling into a nightmare of debt; and
Whereas the national debt, a perpetual prior claim on the nation’s production, stands at well over $16 trillion, with many trillions more in “off-the-books” unfunded federal liabilities and, further, businesses and households are unjustly held liable for $44 trillion more; and
Whereas federal courts have removed State usury limits to benefit the banking corporations so that Americans now pay exorbitant credit card interest and the very poor pay even more exorbitantly; and
Whereas the present crisis threatens a catastrophe more encompassing and ruinous than the Great Depression and yet the only “cure” we are offered is more of the disease itself: massive inflation, huge bailouts, and astronomical government spending and piling on of debt which will only prolong and deepen the crisis and destroy the dollar, and with it, our remaining wealth; and
Whereas it is the Constitutional right and duty of the State to interpose their sovereignty to protect their citizens from federal abuse of the law, usurpation, and despotism; the role of State interposition being an inseparable part of the checks-and-balances principle upon which the Constitution was drafted and the Republic was founded;
Therefore, BE IT RESOLVED that the ________________ County Republican Party calls upon the General Assembly of South Carolina to enact legislation to exercise the sovereign rights and duties of the State by taking the following actions:
Provide that gold and silver coins, minted foreign or domestic, or gold and silver exchanged by weight and measure shall be legal tender in this State, and to provide that no person may compel another person to tender or accepts gold or silver unless agreed upon by the parties: and
Refuse to further allow the taxes paid by the citizens of South Carolina to bail out banks or corporations and enact necessary laws and safeguards to stop the unjust confiscation of the wealth of the citizens of South Carolina; and
Reaffirm and exercise the right of the State of South Carolina the power to regulate interest rates within the State as its citizens see fit.
_______ day of _______________ in the 2013th year of our Lord and the 236th year of our Republic.
______________ Precinct, to be considered and adopted by the ________________ County Republican Convention and the South Carolina Republican Convention.