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Thursday, April 25, 2013

Meaningless bills costing legislators their credibility

(PNI) The Legislature is on the cusp of passing a bill making gold and silver a form of money in Arizona. Except you wouldn't be able to pay taxes with the precious metals. No merchant would have to accept "specie," as the bill calls it. Nor could anyone be forced to pay with gold and silver. The whole thing is symbolic at best, a bone for the William Jennings Bryan fringe of the Republican Party. And legislators wonder why they struggle to gain credibility? They're dealing in the wrong currency.

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