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Protect the Wealth and Privacy of Texans

If there is anything that unites Texans across the left-right political divide and across time, it is that out-of-state, politically-connected, Northeastern and global business elites should not prey upon Texans. One only had to watch the almost universal celebration of the recent, de-centralized fight with Wall Street elites over GameStop to see how united Texans are on this issue.

The current threat of dire harm to the financial well-being of individual Texans and the Texas economy from the plans of global financial elites is great and imminent. But we now have a way to stave off the planned assaults on Texans - the addition to the Texas Bill of Rights of the recognition of the natural right to hold and store our wealth in the form we choose and to do deals with others with any mutually agreed upon medium of exchange. The legislative vehicle for that addition is HJR 100, introduced by Representative Tan Parker in this 2021, 87th Texas Legislative session.

The financial press has been reporting on the global banking interest push for the “cashless society” for a number of years now. As some nations have gone into the weird world of “negative interest” whereby customers pay the bank for the privilege of keeping their money in banks and the risk that people will choose to remove their cash from banks as a result, the financial elites’ urgency to keep their customers from leaving in droves has grown.

At the same time, governments, including the U.S. government is planning on eliminating cash and replacing it with their own, government created digital currencies. See this article on the plan for the privacy destroying FedCoin.

And if to protect the global elite, it is required to eliminate financial privacy and cash, how long will it be before gold and silver ownership will be outlawed (probably via an FDR style executive order confiscating gold during a “crisis”) and all competing privately created digital currencies will be outlawed, too?

Once you have everyone using financial services and the global elite getting a cut of every financial transaction, governmental officials have the ability to do Cyprus-style “bail-in” or “haircuts,” whereby the money you thought you had in a financial institution suddenly has 20 or 30 percent confiscated. In the name of saving the system from an even worse fate, you understand.

And once all transactions are done digitally via government-controlled financial institutions or currencies, the ultimate tool of the police state is in place. Every financial transaction you make can now be scrutinized to provide the government control over you, similar to the Communist Chinese social credit system already in place.

Too much spending on gambling, or junk food, or the latest, undesirable politically incorrect activity or cause can lead to lack of promotion, loss of employment, or ultimately a ride to your friendly, neighborhood re-education camp.

The words of the proposed addition to the Texas Bill of Rights are:

The right of the people to own, hold, and use a mutually agreed upon medium of exchange, including cash, coin, bullion, digital currency, or scrip, when trading and contracting for goods and services shall not be infringed. No government shall prohibit or encumber ownership or holding of any form or any amount of money or other currency. Nothing in this section shall be construed as restricting this state or a political subdivision of this state from only accepting payments made or entering into transactions using certain mediums of exchange.

I know what you are thinking. Why would an addition to the Texas Bill of Rights help in an assault that is likely to come from the federal government or global institution?

The answer is that the U.S. Bill of Rights contains the Ninth Amendment which says that “The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.” By Texas explicitly recognizing the natural right to hold and store wealth in the form desired and to exchange in any medium, it makes clear to the federal judiciary that this is a right that the people of Texas expect them to recognize under the Ninth Amendment. It will also embolden Texas elected officials to resist unconstitutional federal confiscations of gold or silver or digital currency when tried in Texas.

It will take the support of two thirds of both the Texas House and Texas Senate to send this proposed addition to the Texas Bill of Rights for a majority vote of the people this coming November 2, 2021. I predict that this proposal will gain overwhelming bi-partisan political support in the Texas House and Senate from all parts of the ideological compass. And I predict that the people of Texas will vote for it in overwhelming numbers.

You can learn more about this bill and find a one pager for use in spreading the word about it at the Texas Constitutional Enforcement website.

Tom Glass lives in Northwest Harris County. Click here to reach his email. He is also on Facebook as Tom G Glass. He leads a group called Texas Constitutional Enforcement which can be explored at its website or Facebook group. And given the recent Facebook censorship, there are now Texas Constitutional Enforcement groups on Texan owned and operated Freedom Lake and Blabbook, as well as MeWe and Wimkin.


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