Pay Me In Gold: Lawmaker Requests Compensation In “Money That Has Intrinsic Value”
November 13th, 2012
Some lawmakers are finally getting it, with the latest example coming from Jerry O’Neil, a state congressional representative in Montana.
At one time a trivial matter for O’Neil, he says he now understands the damage being done by the Federal Reserve’s monetary policy and the over $16 trillion in U.S national debt.
In a letter to Montana’s Legislative Services, the congressman notes that the U.S. Constitution prohibits the payment of debts in anything but gold and silver, and says that his oath to the Constitution and the people he represents can only be honored if the government pays his legislative salary to him, “in gold and silver coins that will still have value when the U.S. dollar is reduced to junk status.”
The full copy of the letter (pdf) is available below: