Waxman-Weiner Gold Bill: T-Bill Protection Act
IN BIGGER GOVERNMENT WE TRUST
WAXMAN-WEINER: “WHATEVER GAVE YOU THE IDEA YOUR MONEY IS YOURS TO DO WITH AS YOU PLEASE? HOW UN-AMERICAN IS THAT?”
Remember when Progressives in Congress at least pretended to be accomplishing something for the greater good when they proposed another bill that restricted freedom or piled on more regulations?
With the Waxman-Weiner gold bill, Progressives have dropped the mask: the only entity helped is the Treasury Department. Oh, it does that the added benefit–for Progressives–of clamping down on companies that advertise on conservative talk radio and websites, but that’s just gravy.
Congressmen Weiner and Waxman Set Gold Hearing
Just as the government is trying to prevent people from investing in anything other than T-Bills by raising taxes on taxable interest and dividends to confiscatory levels, it’s also trying to prevent you from parking your wealth in assets, like gold, that compete with the paper dollars issued by the Federal Reserve and the Treasury. A press release from Rep. Anthony Weiner, Democrat of New York, not yet (as of this instant) posted on Mr. Weiner’s Web site, announces that a September 23 hearing of the Subcommittee on Commerce, Trade, and Consumer Protection (a subcommittee of Rep. Henry Waxman’s Commerce Committee) will focus on “legislation that would regulate gold-selling companies, an industry who’s [sic] relentless advertising is now staple of cable television.”
From the press release: “Under Rep. Weiner’s bill, companies like Goldline would be required to disclose the reasonable resale value of items being sold.” That’s great. Are Mr. Weiner and Chairman Bernanke also going to agree to print on every dollar the reasonable expectation that its value will be eroded by inflation?
An excellent question–of which we already know the answer.
Waxman and Weiner will never require the government to do anything for which it might be held accountable.
It’s all about holding individuals and companies accountable for anything, everything and all that is considered important by Henry Waxman and Anthony Weiner.
The faceless agencies of the Executive branch? Nahhh.
Congress? Are you kidding?
The judiciary is already pretty much unaccountable–which is not always a bad thing.
Another bill to solve problems that only exist in the fevered Progressive minds of Henry Waxman, Anthony Weiner and the enclaves that continue to return such people to positions of power in Congress.
by Mondo Frazier
image: freedom in our time













