Tag Archives: Utah

More states making move to gold, silver as legal tender

gold as legal tender

gold as legal tenderArizona senators voted 18-10 on Tuesday to pass a measure that would make gold and silver legal for use as tender for payment.

Earlier this month the same legislation cleared the Arizona House which leaves only Governor Jan Brewer’s signature before it becomes law.

While U.S. currency will continue to be accepted in the Grand Canyon State, the new bill allows gold and silver coins and bullion to be used beginning mid-2014.

Utah passed a similar law in 2011. Kansas, South Carolina and several other states are advancing similar bills.

While Utah and Arizona’s legislation is little more than symbolic, other states are eyeing infrastructure projects key to allowing precious metals to be used as legal tender.

Texas legislators are considering a measure to create the Texas Bullion Depository that would store about $1 Billion in gold currently held in a New York facility. The new facility would also function as a place for public deposits which would create a realistic medium for trade similar to blacksmiths’ and bankers’ handling of the precious metal in earlier times. Money could be deposited for one or more “depository notes” which could be traded for goods and services. The person receiving the notes in trade could then turn it in to the depository for gold. The notes would likely be backed by the State government and its gold holdings.

While the U.S. Constitution prevents states from coining money, it also says that states may not “make anything but gold and silver coin a tender in payment of debts” a phrase likely opening the door for states to pass these precious metal currency bills.

The States’ moves are seen as a response to the Federal Reserve’s constant dumping of liquidity into the American economy thereby devaluing the dollar and, as many believe, leading to the collapse of the U.S. paper money.

While some states may be taking action as a symbolic nose-thumbing at the Fed, others are clearly planning for the potential downfall of the dollar.

Hey.. the primaries are still going on – Charlie Rangel edition

June primary Charlie RangelColorado, New York, Oklahoma, South Carolina, South Dakota and Utah voters head to the polls today to cast their votes in the 2012 primary and run-off elections.

Many of the races will be little more than going through the motions. Orin Hatch (R-UT) will likely fend off a primary challenge by a wide margin – others are not so clear-cut.

Investigated for ethics violations and censured by his colleagues, Rep. Charlie Rangel(D-NY)  is looking at the possibility of losing his seat after 42 years in Congress. Rep. Rangel is facing a tough challenge from state Sen. Adriano Espaillat. Rangel will be tested in this primary due to a combination of his unethical behavior and a redrawn congressional district that now contains more Hispanics that will likely vote for Espaillat. Other primary challengers to Rangel include Clinton White House aide Clyde Williams, Harlem community organizer Craig Schley; and Joyce Johnson.

In Colorado, Conservative Republican Doug Lamborn (CO-5) is facing a challenge by wealthy businessman Robert Blaha. Unlike other Republican primary challenges where the incumbent was deemed too moderate, Lamborn’s far-right voting record would seem to suggest that the district that contains Colorado Springs may actually want a less Conservative representative in Congress.

Lamborn concedes he has a fight on his hands. His unflinching conservatism comes with a price. In three terms in Congress, Lamborn has seen none of his bills become law. But he says his record shows that he doesn’t sacrifice his principles to get bills through the process. – Real Clear Politics

 

Tonight on the Dark Side with Kira Davis

1/24/12…Tonight on the Dark Side we’ll discuss yesterday’s first forum for Black Conservatives, hosted on the Hill by Allen West, and I’ll tell you why I believe abortion threatens American freedom.  Also, I talk to Mia Love, conservative candidate for Utah’s Congressional 4th District.  And oh yeah, there’s some kind of State of the Union thingy tonight…. join us at 10 pm EST, 7pm Pacific for all this..Plus cookies!

Jon Huntsman Drops Out; Ain't A Dang Thing Changed

In case you haven’t heard, former governor of Utah, Jon Huntsman Jr. has officially dropped out of the Republican primary.  That’s not surprising, really, considering that he spent most of the past year in the single digits.  What is surprising is that he didn’t bow out on the night of the New Hampshire primary; the guy practically lived there, and he still came in behind Ron Paul.

The other thing that is surprising (and particularly #HeadDesk worthy) is that Huntsman thinks his dropping out will consolidate the vote.  That couldn’t be any further from the truth.

Huntsman dropping out does very little, if anything, to affect the dynamics of this race.  Right now you have three factions: Romney, Paul, and then this gaggle involving Perry, Gingrich, and Santorum.  And the truth is that as long as Paul is in the race, there will probably never be anyone with enough momentum to overcome Romney.  Even if you have Santorum and Perry drop out, there is a very real chance that Paul staying in can help Romney get the plurality every time.

So it’s cute that Huntsman wants his endorsement to carry weight, just like it’s cute that McCain wanted his to do so, but Jon dropping out did nothing to change this cluster-truck that we’re dealing with.  The only thing it did was to make the Huntsman girls seem a little less relevant.  But with today’s news culture, they can probably go to CNN and be three times more compelling as pundits than Meghan McCain has ever been. (click here and here to see some of what the Huntsman girls have become famous for)

Mia Love: Conservative Republican for Utah's 4th District

Mia Love is running for Utah’s 4th Congressional District.  She is conservative.  This is the type of person we need to be supporting even as we muddle through this tiresome election season.  This is the type of person that will change American politics from the inside out.  Mia says freedom is “the ability to make decisions and reap the benefits of those decisions or suffer the consequences.”  Watch Mia’s video here.  If you are a real, thinking person you will be inspired. If you’re not inspired, you’re probably Nancy Pelosi…and you should get that checked out.

 

crossposted at kiradavis.net

Jon Huntsman, Jr.: 2012 Presidential Profile

PERSONAL INFORMATION

Jon Meade Huntsman, Jr. was born on March 26, 1960 in Palo Alto, California to Karen and Jon Huntsman, Sr., the philanthropist and billionaire businessman who founded the Huntsman Corporation. He grew up in Utah, and is a seventh-generation Utahan. He is one of nine children.

His grandfather was David B. Haight, an apostle with the Church of Jesus Christ of Latter Day Saints (LDS), and his great-great grandfather was Parley P. Pratt, the early LDS Church leader. He is also a third cousin, once-removed of Mitt Romney.


Family
John Huntsman, Jr. is married to Mary Kaye and they have seven children- 5 are biological children, and 2 are adopted. They currently live in Washington, D.C.

Religious Affiliation
Mr. Huntsman is a member of The Church of Jesus Christ of Latter Day Saints
Served as a missionary in Taiwan after graduating from college

Education
Dropped out of high school
Later received his GED
Attended University of Utah
Graduated from University of Pennsylvania with a bachelor’s degree in International Politics
Has been awarded six honorary doctorate degrees

Foreign Languages
Fluent in Standard Mandarin Chinese
Fluent in Taiwanese Hokkien (Minnan)

Personal Activities
Avid Keyboardist- has played with the bands Dream Theater and REO Speedwagon (not as a career)
Motocross fan

Professional Career
Musician- After dropping out of high school he was the keyboardist for the rock band Wizard
Executive for Huntsman Corporation
Executive for the Huntsman Cancer Foundation
CEO of Huntsman Family Holding Company

Civic Organizations
Utah Opera
EnVision Utah
The Coalition for Utah’s Future
KSL-TV’s Family Now campaign

Political Affiliation
Republican

Political Career
Reagan Administration- White House staff assistant
George H.W. Bush Administration- Deputy Assistant Secretary of Commerce
George H.W. Bush Administration- United States Ambassador to Singapore
George H.W. Bush Administration- Deputy United States Trade Representative
2005 to 2009- Governor of Utah- after serving his his first term he ran for re-election where he won with 77.7% of the votes
2009- Appointed by President Barack Obama as United States Ambassador to China
Resigned his appointment as Ambassador to China, effective April 30, 2011
A potential candidate for President in 2012- the speculation for his potential run for office was fueled when he resigned his appointment as Ambassador to China

Political Accomplishments
The youngest United States Ambassador to serve in over 100 years
Had a very high approval rating while in office as Governor of Utah. He was known to hit 90% approval ratings more than once. When he left office his approval rating was more than 80%.
Utah was named the best managed state by the Pew Center of States under Governor Huntsman.
2008- Delivered a nominating speech for Sarah Palin as the Vice Presidential candidate at the Republican National Convention

Political Organizations
Board Member- Asia Society in New York
Member- Brookings Institute Asia Policy Board
Board Member- Center for Strategic and International Studies Pacific Forum
Board Member- National Bureau of Asian Research
Founding Director- Pacific Council on International Policy
Former Branch Director- San Francisco Federal Reserve Bank Board
Member, Board of Trustees- University of Pennsylvania
Advisory Board Member- University of Utah School of Business
Former Vice Chair- Coalition for Utah’s Future
Former Chair- Envision Utah
Former Board Member- Juvenile Diabetes Foundation
Former Chair- KSL’s Family Now Campaign
Former Chair- Utah Opera
Former Chair/Vice Chair- Western Governors Association
Former Executive Committee Member- National Governors Association
Former Member- Natural Resources Committee- National Governors Association
Former Member- International Advisory Council, Singapore Economic Development Board

Significant Hurdles
Statistician Nate Silver says,

” Huntsman faces some significant hurdles – his name recognition is not terribly high outside Washington and his home state, and if he cannot begin to concentrate on his campaign until May, he may not be able to put together a strong campaign team or raise enough money. Also, his having served in Barack Obama’s administration could make his positioning awkward on a number of levels.”

Mr. Silver’s stated first hurdle for Mr. Huntsman is one of the main categories, I believe. I, myself, fall into that group.

When I first heard that “Jon Huntsman was considering a run for the Presidency” I initially got very excited. I wondered about a couple of things- namely, his age. It was my impression that it was the senior Mr. Jon Huntsman that was considering putting his hat into the ring for President. I admire Jon Huntsman, Sr. becoming the self-made man that he is.

It wasn’t until later that I realize it was his son.  Unfortunately, it wasn’t until I began preparing for this article that I found out anything more about him. He is definitely not what I would call one of the “front runners” in this potential race he is supposedly considering.

Though he had a considerably high approval rating as governor of Utah, he does not seem to have the “oomph” that is required to be President of the United States. The “oomph” right now would be name recognition above anything else.

There are still other candidates that do not yet have as much name recognition as others, but to be one of the top rumored possibilities as a candidate and not be a household name could definitely be a hurdle.

On  The Issues
Fiscal Conservative
A combination of Conservative/Centrist/Liberal on social issues

Civil Rights- Supports gay civil unions 
Education- Supports School Choice and believes competition is healthy in school
Energy- Supports alternative sources for energy and efficiency
Environment- As Governor of Utah, he signed up with the Western Regional Climate Action Initiative, “which is nothing more than a regional cap-and-trade system
Free Trade- Supports free trade
Israel- Strong supporter of Israel
Tax Reform- Supports reforming the tax system to be more business friendly

As a colleague of mine stated in a previous article on Jon Huntsman, Jr.,  Mr. Huntsman seems to have “forgotten conservatism.” There are a few issues that stand out positively for Mr. Huntsman, but overall I would personally classify him as a RINO.

Wanted: Donors
According to a May 31 Washington Post article, Mr. Huntsman kicked of a fund-raising trip last week in California. I find it quite intriguing that Mr. Huntsman chose California, of all places, to start his fundraising. California is the polar opposite of the definition of conservatism and the exact definition of liberalism. I know that there are many conservatives in California. But if Mr. Huntsman is serious about being a true Conservative candidate, he does not have a lot going for him.

For all my excitement of thinking that it was Jon Huntsman, Sr. that was possibly running for office, there is just as equally the same amount of dread at the possibility of his son running. Mr. Huntsman appears to be lacking quite a lot that his father embodies- all of which are factors I am searching for as my President.

He Thinks Obama Is A “Remarkable Leader”
In an article by Holly Bailey, it appears as though Mr. Huntsman has absolutely no problem at all with our current leadership. In fact, he is so pleased with the way things are going that he sent a note to President Obama in August of 2009. An excerpt from that note says:

“You are a remarkable leader. It has been a great honor getting to know you.”

As you can see, I underlined the word “remarkable”. That is because Mr. Huntsman also underlined the word “remarkable” for emphasis. So it does not seem as though it was an obligatory act of kindness, but rather a heartfelt, genuine note of appreciation.

If nothing else set my radar off on Mr. Huntsman ability to be President of the United States this one thing alone would!

And my next question is… if he thinks Mr. Obama is doing such a “remarkable” job, why is he running against him?

On
The Web
Jon Huntsman, Jr. Official Campaign Website

Jon Huntsman, Jr. on Facebook

In The News
June 21, 2011: Jon Huntsman, Jr. made his official announcement that he was running for President.

_________________________

Sources:
Wikipedia
Yahoo News Article
OnTheIssues.org
VoteSmart.org
Washington Post

 

 

See the profiles of other potential 2012 GOP Candidates

Russia, Oil, & The Utah Sound Money Act & Why It Matters

obama-and-putin-meet-in-moscow-8630

Theresa FlemingIt’s hard to overstate the concern that American families have regarding the economy, but one thing we all need to pay more attention to is the value of the U.S dollar. Imagine, if you will, what would happen to your families’ savings should the U.S. dollar truly crash, especially when unemployment and underemployment are both high. Families, if they can, are already desperately trying to save as much money as possible. But what if the money families have so carefully saved for a rainy day could no longer buy even the basic necessities? This is the reason behind bills such as the Utah Sound Money Act.

Although to some it may seem extreme, we do need to prepare for the possibility that there may come a day that the dollar’s buying power will be drastically reduced. And the truth is, Utah is not alone in their concern. According to State Representative Galvez, House sponsor of the bill, 11 states have either passed currency related legislation or have legislation in process. Other states passing or considering currency related legislation include: Montana, Missouri, Colorado, Idaho, Indiana, Missouri, Montana, New Hampshire, South Carolina, Tennessee, Vermont, Virginia, Washington…

The truth is that with the decline in the value of the dollar and the rise of U.S. debt,more and more countries are becoming concerned about whether the U.S. dollar is a good investment. And unfortunately, Washington’s printing of more dollars will not only not solve the problem , it may quicken the devaluing of the dollar.

For those who do not believe that the U.S. dollar may be in trouble, please consider the following: according to The China Daily, China and Russia have used a number of currencies in the past, but especially U S Dollars for “bilateral trades”. However according to a report in The China Daily in November 2010, “China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade”. The formal announcement was made by Premier Wen Jiabao and Russian Vladimir Putin.

PutinIn addition, Russia has also been reaching out to Europe. In Putin’s appearance in front of top German industrialists at a business forum in Berlin, he called for closer economic ties between Russia and the European Union. In his speech he outlined his vision for the future and his desire to create a Free European – Russian Trade Zone. However, the most critical part of his speech came when he showed what his true intentions may be towards the U.S. In his speech Putin said, that the “Euro is slightly fluctuating, but as a whole it’s a good , stable world currency that should take its rightful position as the world reserve currency. I think over the last 10 years there has been one wrong aspect that we should definitely eliminate. It’s the excessive monopoly of the dollar as the sole world reserve currency. This is certainly something negative.”

However, whether the dollar remains the world reserve currency is not the only concern at hand. As Senate Majority Leader Scott Jenkins said, a more immediate concern may be the efforts that are being made to decouple the dollar from oil. If that occurs, efforts such as the Utah Sound Money Act may well turn out to produce the solution that we need.

But there is some good news as well…

While news reports by their very nature tend to focus on the negative, there are public servants working hard to find a solution to the problems that we face. Utah Senate Majority Leader Scott Jenkins and State Representative Brad Galvez are working hard to find a solution to protect us, and our children, from the potential fall of the US dollar. As Senate Majority Leader Scott Jenkins said, “inflation is hurting the ability of families to purchase the items that they need. With the buying power of the dollar going down, if we do not act the purchasing power of the American family will continue to suffer. We must begin to study potential solutions and we must act.”

And make no mistake, we can no longer afford to sit on the sidelines and hope that someone else finds the answer. As a country we need elected officials who are willing to act and willing to do the research needed to find the best possible way to protect American families and that is why the Utah Sound Money Act and efforts like it are so very important.

As for the legislation itself, The Utah Sound Money Act will not only allow gold and silver coins issued by the Federal government to be used as “legal tender” in Utah, it will exempt them from capital gains taxes. Although the United States Constitution already allows states this freedom, the Utah Sound Money Act would codify this right in Utah law. The law would not mandate that the coins be used, but simply allows people the choice. The legislation also creates a panel to study how Utah families might use the alternative “legal tender” system for every day purchases such as food or medicine. Since the value of gold and silver constantly fluctuates, a system would have to be designed that would provide a practical way for Utah families to use the new system for daily purchases, which is why the panel is being formed.

As for Utah, there’s a reason Americans may want to start taking a look at how they operate and the recommendations made by their state’s leaders. Utah has been named, “the best managed state in the nation and has been salt lake cityrepeatedly ranked as one of the best states to do business”. And it appears Forbes agree, for in their 2010 look at the Best States For Business, Utah was ranked number one when it comes to fostering growth! Check back for more information on exactly how Utah became the “best managed state in the nation” and what public servants such as Senate Majority Leader Scott Jenkins and State Representative Brad Galvez are doing that is making such a huge difference for their state!

Change is always hard, and sometimes scary, but Utah’s system does not seek to replace our current monetary system. However, what it does do is start the process of designing, and planning for a possibly implementation of a secure money system should the dollar fall. And while, as State Representative Galvaz said, we may not like the changes that have occurred in our economy, our job as parents, and their jobs as legislators, is to do our very best to give our children the best possible opportunities to succeed in the world in which we live. And while many of us, including myself, wish that we could return to a simpler time, the fact is, right now, we can’t. But what we can do, is work together to find the solutions that our children will need, no matter what crisis we face.

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