27 responses to “Ron Paul on Legal Tender Laws”

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  19. PeoplePower

    Legal tender law, Federal Reserve notes & policy's are illegal, the Us Congress has authority to create money.
    + we could add Bernanke to the world records, he will be remembered as the greatest thief of 20th / 21st century.

    Go Ron Paul :-)

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  20. Camilo

    Gold won't really stop government manipulation and deficit spending. As long as they can keep printing bonds, they will promise anything in them, they can still offer taxpayers' blood or public US lands, etc, for repayment.

    For another take on Money, I reccomend Edwin C. Riegel's 'New Approach to Freedom' and 'Private Enterprise Money'.

    http://www.mind-trek.com/treatise/ecr-pem/index.htm

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  21. LibForestPaul

    This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services.

    Reread. RP assertion above stands. "which state that government-controlled fiat currency MUST be accepted for many kinds of monetary transactions."

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  22. Brian Rabbit

    Far be it for Me to contradict the Physician's teachings. But, no federal statute exists requiring acceptance of legal tender. The US treasury's website explicitly state My assertion as fact: http://www.ustreas.gov/education/faq/currency/legal-tender.shtml. I do agree a misconception exists among People leading Them to believe They must accept federal notes. However, several cases exist illustrating the misconception as just that: a misconception. An Attorney would be in a better position than I to elaborate on this issue, though.

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  23. rodger

    the bailout is as R.Paul says. I despise any multimillionaire congress-person who votes for it. Just as bad as all those who voted for the patriot act without even reading it!!! notice how little you hear of Cheney or Haliburton these days. I'm disgusted by the super vague disclosure laws pertaining to politicians' declaration of income & assets. Is our congress voting for the bailout because they themselves are heavily invested personally in these sinking ships? Do they ever REALLY vote for the consensus of those they are supposed to represent? In the interest of security to our nation, will G.W. use the financial corruption and failure to declare martial law?
    Kick out the 'Federal Reserve Board' and get back to gold or silver or fresh eggs. Restore our Constitution while there remains a chance.
    Get rid of the 2 Party system. You are merely Joe Blow representing the people of your district. People at the poverty level don't benefit from tax credits. AGHHHHHHHHH

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  24. jeremy

    I think that the financial market problem was well timed for those in power. Everything begins to happen and receive media attention after the 2 presidential candidates had been decided. If these problems had been going on during the earlier campaigning, people would have been more likely to vote for Paul in the primaries. Now is the time for a 3rd party libertarian to rise onto the presidential scene. Is there no one willing or able to step up to the plate and receive some media attention so the american people know who he/she is?

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  25. michael

    Id just like to know your view of the apparrent agreement by both parties on the $700bn bailout, and i hope you(or someone near you) sees this comment so that you could give a reply.

    thanks!

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  26. jad

    I have never felt so patriotic my whole life. Reading your content and seeing your viewpoint is refreshing and inspiring. I intend to really research the Libertarian candidate, as I cannot stomach the republicrats any longer. I think that my values fall in line with the libertarian mind set, but I am still researching it. I am encouraging others to do the same.

    Thanks Ron Paul for speaking to me with truth and honesty in your messages!

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  27. Robyn

    Ron Paul is a genius. Too bad he is no longer running for president because he might have gotten elected and been able to do something about the mess we are in. All his posted discourses are fine and give us something to think about but, other than that, what do they really accomplish? Nothing. Thanks RP for dropping out of the race. Love ya.

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