Idaho GOP: End the Fed, Bring Back Gold

0 Posted by - June 27, 2012 - Career & Business, Economics, Money

gold 300x203 Idaho GOP: End the Fed, Bring Back GoldAt the Idaho GOP convention in Twin Falls, the state GOP decided to preserve the platform of abolishing the Federal Reserve Bank and instituting dollars backed by gold and silver.

“We recognize the failure of the Federal Reserve System to maintain a sound U.S. dollar and the danger of mercantile banks controlling the issuance of our currency. We believe the Federal Reserve Bank should be abolished and the issuing power restored to the people with the stipulation that the U.S. dollar be backed by gold and silver,” reads the recently adopted 2012 platform.

The platform goes even further and encourages Idahoans to acquire precious metals.

CONTINUED at the Daily Caller.

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