First Libbies, then Virginia, now South Carolina...

[cynicalflyer]

TO PROVIDE FOR A JOINT SUBCOMMITTEE TO STUDY WHETHER SOUTH CAROLINA SHOULD ADOPT A CURRENCY TO SERVE AS AN ALTERNATIVE TO THE CURRENCY DISTRIBUTED BY THE FEDERAL RESERVE SYSTEM IN THE EVENT OF A MAJOR BREAKDOWN OF THE FEDERAL RESERVE SYSTEM.

http://www.scstatehouse.gov/cgi-bin/web ... &summary=T

The whereas clauses alone read like they are straight out of Von NutHouse's diary...

[Pottapaug1938]

"In the event of a major breakdown of the Federal Reserve System", South Carolina's economy, like those of the other 49 states, will be in such chaos that their fantasy currency won't make a damn bit of difference, especially outside their borders.

[Nikki]

"In the event of a major breakdown of the Federal Reserve System" South Carolina will revert to a barter-based agricultural economy.

Minor details like high-tech items originating elsewhere will have to be addressed on an ad hoc basis.

On the positive side, whatever causes the collapse of the Fed will leave SC as one of the few states not glowing in the dark.

[LPC]

"In the event of a major breakdown of the Federal Reserve System" South Carolina will revert to a barter-based agricultural economy.

With or without slaves?

[Nikki]

Without. Everybody got the guns nowadays. Takes away the advantage.

[Nikki]

South Carolina

Without. Everybody got the guns nowadays. Takes away the advantage.

[Gregg]

South Carolina:

Too small to be a Republic, too large to be a mental asylum.

[Parvati]

South Carolina:

Too small to be a Republic, too large to be a mental asylum.

How about taking inspiration from Escape From New York? (And we'll know better than to let the President's plane fly over SC once it's fulfilling its function as a combination prison/asylum for the criminally insane.)

[webhick]

South Carolina:

Too small to be a Republic, too large to be a mental asylum.

How about taking inspiration from Escape From New York? (And we'll know better than to let the President's plane fly over SC once it's fulfilling its function as a combination prison/asylum for the criminally insane.)

Nah, too hard to eliminate all the Snake Plisskens of the world. Wouldn't want anyone around who could break out.

[Prof]

South Carolina:

Too small to be a Republic, too large to be a mental asylum.

Not quite:

After South Carolina seceded in 1860, [James L. Petigru] famously remarked, "South Carolina is too small for a republic and too large for an insane asylum." This quote is still used to describe contemporary South Carolinian politics.

I was born and raised in SC but moved to Texas as soon as I could. Petigru was right, by the way. Texas, on the other hand, is large enough to be a republic and an insane asylum at the same time.

[Famspear]

.....Texas, on the other hand, is large enough to be a republic and an insane asylum at the same time.

Texas..... It's like a whole 'nother country!

[Famspear]

......And until Texas has Hollywood and San Francisco, they are unlikely to ever really aproach the insanity levels CA achieves.

Ummmm, you got a point there, pardner.

[Gregg]

South Carolina:

Too small to be a Republic, too large to be a mental asylum.

Not quite:

After South Carolina seceded in 1860, [James L. Petigru] famously remarked, "South Carolina is too small for a republic and too large for an insane asylum." This quote is still used to describe contemporary South Carolinian politics.

I was born and raised in SC but moved to Texas as soon as I could. Petigru was right, by the way. Texas, on the other hand, is large enough to be a republic and an insane asylum at the same time.

Okay, I was paraphrasing because I was too lazy to look it up. It's still true.

[Pottapaug1938]

Courtesy of www.coinflation.com:

http://www2.newsadvance.com/news/2011/f ... ar-848921/

[Pottapaug1938]

Courtesy of http://www.coinflation.com:

http://www2.newsadvance.com/news/2011/f ... ar-848921/

In the article, the state assembly person sponsoring the bill refers to the items as "commemorative coins" not money. He seems to want VA to make some to sell for a profit and did not say and tries to distance himself from the items being money.

Von NotHaus and his Libbies walked a different path.

True; and if the assemblyman is being truthful, I would not only welcome the bill's passage but would also welcome having other states follow suit -- it would open up a whole new area of coin collecting; and as long as they didn't pretend that their "commemoratives" were money or a substitute for it, there would be no legal problem.

To alter the thread slightly: I live in a part of Boston which is predominantly Irish. I have long felt that the Irish government should come up with an issue of bullion coins -- with a nominal legal tender value, perhaps. I believe that small amounts of gold can be found in Ireland; and if so the bullion coins could be advertised as containing a bit of that gold. I'd bet that the coins would sell like hotcakes over here.

[Pottapaug1938]

...and for those who think that putting all of your assets into gold and/or silver is the way to go, here is another story:

http://www.theprovince.com/cars/Chilliw ... story.html

[The Operative]

...and for those who think that putting all of your assets into gold and/or silver is the way to go, here is another story:

http://www.theprovince.com/cars/Chilliw ... story.html

I don't disagree about the part of putting all of your assets into gold and/or silver. However, I would like to add that this person's error wasn't about putting all of his assets into silver. His error was putting all of his assets in one place. The other error was letting more than one other person know where he kept those assets.