Taking Liberties: Legislator Proposes Alternative Currency in Response to the Diminished Dollar

July 15, 2011

By Douglas Kennedy| FoxNews.com

Bob Marshall admits he’s obsessed watching the U.S. dollar’s value diminish.

“It’s everything,” he said, as he walked outside the Manassas Virginia train station. “It’s all I think about. It’s all anyone should be thinking about.”

Marshall, who is a Virginia State Representative, says it’s time for something radical.

“I want to see the states step in,” he said. “It’s time. Past time.”

Marshall wants the state of Virginia to have its own currency to create what he calls “competition with the U.S. dollar.” He also says it will protect Virginia if the dollar falls even further.

“Our role as state legislators,” he explained as an Amtrak train rolled through the station, “is to protect the people, and the federal government is not doing its job.”

He points out the dollar’s value has fallen nearly 40 percent since 2001, and he says with a record debt and deficit it’s, only going to get worse.

“What I hope to accomplish,” he said, “is to put the brakes on this train that is running away down the tracks.”

To read more, visit:  http://www.foxnews.com/us/2011/07/14/taking-liberties-legislator-proposes-alternative-currency-in-response-to/?test=latestnews

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