More on Gold’s Political Progress in National Review
Brian Bolduc of National Review has a story in National Review covering the push to put gold on an equal footing with the dollar. It includes a quotation from Sen. Jim DeMint in reference to the bill he cosponsored.
The hard-money movement made its first leap into national politics a few weeks ago, when Sens. Jim DeMint (R., S.C.), Mike Lee (R., Utah), and Rand Paul (R., Ky.) introduced the “Sound Money Promotion Act.” The bill would eradicate federal capital-gains taxes on gold and silver coins declared legal tender by the feds or by state governments.
“We’re losing credibility in our money,” DeMint tells National Review Online. He contends the bill “might create a little accountability” by fostering competition with the dollar.