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Re: Minnesota has a finacial solution!

Home Forums DISCUSS Current News & Events Minnesota has a finacial solution! Re: Minnesota has a finacial solution!

  • Thu, May 28, 2009 - 11:44pm

    #11
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: Minnesota has a finacial solution!

Crayzhorse,

I understand your concern and it is a very good question.

Is the bill constitutional?  Yes…..believe me we’ve done every last bit of research as to it’s constitutionality.

Section 10 does apply to the states yes, and it bars them from coining money or emiting bills of credit BUT (and here is the key) we aren’t having the state coin any money or emit and bills of credit.  The state of minnesota would regulate the state chartered banks(just like any other business) into creating money to fund the infrastructure. 

I do believe that this should be done at the federal level though.