Gold: Arizona's effort to revive gold-as-currency gets vetoed

May 3, 2013

Dick's note:  "It comes as no surprise that the Governor of Arizona just vetoed a proposed law to allow people to use gold and silver as currency. Vested interests require fiat currency to maintain control and extend state power. Lenin knew this. Artificial currency and central banking are two of the most powerful tools of the statist."

(Reuters - "Arizona governor vetoes bill making gold, silver legal tender") Arizona Governor Jan Brewer vetoed a measure on Thursday that would have made gold and silver legal tender in the state, saying the legislation could have resulted in lost tax revenue... The bill called for Arizona to make gold and silver coins and bullion legal tender beginning in mid-2014, joining existing U.S. currency issued by the federal government.

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