1. + CMRE - 2013 Nothing endures but change. Heraclitus

2. + Developing Sound Money, State by State 1. There is a general life-cycle to money 2. We are at the final stage of that life-cycle 3. We have the right to engage in enforceable gold clause contracts 4. States have the duty to enforce such contracts 5. States have the duty to implement a gold & silver monetary system Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

3. + General Life-cycle of money A Free Market Emerges

4. + General Life-cycle of money A Free Market Emerges Free Market Money Emerges

5. + General Life-cycle of money A Free Market Emerges Free Market Money Emerges Government Regulations Emerge

6. + General Life-cycle of money A Free Market Emerges Free Market Money Emerges Government Regulations Emerge Government Monopolizes Money Supply

7. + General Life-cycle of money A Free Market Emerges Free Market Money Emerges Government Regulations Emerge Government Monopolizes Money Supply Government Debases its Money

8. + General Life-cycle of money A Free Market Emerges Free Market Money Emerges Government Regulations Emerge Government Monopolizes Money Supply Government Debases its Money F. U. D. creates Crisis and Collapse

9. + General Life-cycle of money A Free Market Emerges Free Market Money Emerges Government Regulations Emerge Government Monopolizes Money Supply Government Debases its Money F. U. D. creates Crisis and Collapse Reemergence of Free Market Money

10. + Developing Sound Money, State by State There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. The value of money always approaches its cost of production Dr. Larry Parks Americas founders experienced the final stage of the monetary life cycle leading to the popular phrase worthless as a continental Since the federal constitution has removed all danger of our having a paper tender,... The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

11. + Developing Sound Money, State by State There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. The value of money always approaches its cost of production Dr. Larry Parks Americas founders experienced the final stage of the monetary life cycle leading to the popular phrase worthless as a continental Since the federal constitution has removed all danger of our having a paper tender,... The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

12. + Developing Sound Money, State by State There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. The value of money always approaches its cost of production Dr. Larry Parks Americas founders experienced the final stage of the monetary life cycle leading to the popular phrase worthless as a continental Since the federal constitution has removed all danger of our having a paper tender,... The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

13. + Developing Sound Money, State by State There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. The value of money always approaches its cost of production Dr. Larry Parks Americas founders experienced the final stage of the monetary life cycle leading to the popular phrase worthless as a continental Since the federal constitution has removed all danger of our having a paper tender,... The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

14. + Developing Sound Money, State by State In 1985 Congress reinstituting constitutional gold and silver coined money, creating a constitutional alternative currency system. Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

15. + Developing Sound Money, State by State In 1985 Congress reinstituting constitutional gold and silver coined money, creating a constitutional alternative currency system. Today we the right to engage in enforceable gold clause contracts, but few of us use them because of fear of the IRS. Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

16. + Developing Sound Money, State by State In 1985 Congress reinstituting constitutional gold and silver coined money, creating a constitutional alternative currency system. Today we the right to engage in enforceable gold clause contracts, but few of us use them because of fear of the IRS. Thus our best solution to restore our great country to some semblance of a constitutional monetary system is to press our States – under their duty at U.S. Const. art. I, § 10, cl. 1 – to make nothing but gold and silver a tender for payments of debts. Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org