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Honest Money Act

January 14, 2009

Indiana State Senator Files Gold Money Bill Senate Bill 453
The Indiana Honest Money Act ~ Indiana Picks Up Where New Hampshire Left Off!

Indianapolis, Indiana — State Senator Greg Walker of District 41,
(R-Columbus), has officially filed a Bill that would allow Indiana to
offer its citizens a choice of Gold (and Silver) coin or the Electronic
equivalent in payable and receivable transactions with the state. This
bold bill will finally bring Indiana back into conformance with the
Constitution for the United States of America which states “No state
shall…make any Thing but gold and silver Coin a Tender in Payment of
Debts…” Article 1, Section 10.

The Indiana Honest Money Act will be voluntary for citizens, but mandatory
for certain, specialized businesses and will allow Indiana to fund the
Treasury with enough assets insuring that no current state funds will need
to be earmarked. S.B. 453 is NOT a replacement for Federal Reserve Notes,
but more of a competing, Constitutional currency and an insurance policy
for our current, tenuous “money” system.

Indiana is picking up where New Hampshire left off in their attempt to get
essentially the same Bill passed back in 2003 and 2005. The Bill was
written by eminently qualified Constitutional Money Scholar and practicing
Constitutional Lawyer, Dr. Edwin Vieira of Virginia. Jerry Titus of
Kokomo, a Senior Field Service Engineer, worked to take New Hampshire’s
Constitutionally compliant wording of Dr. Vieira’s Bill, and adapted it
for Indiana’s unique purposes.

This exciting juncture is only the beginning of S.B. 453 as it needs to be
approved by the Tax and Fiscal Committee for House consideration, etc.,
and will probably be subject to debate and possible amendments. There will
be about 700 Bills under consideration in the current Legislature and only
about 200 will survive to be voted on.

Source: http://thevalleygrassroots.com/honest-money-act/