Study for Virginia Currency Gets House Approval

Preparing for U.S. monetary collapse, proposal from Del. Bob Marshall would weigh need for Commonwealth's own gold and silver coins.

A measure introduced by local Del. Bob Marshall (R-Manassas) to study a Virginia currency is now in front of the state Senate after approval from the House of Delegates on Monday.

The House voted, 65-32, for the study of a metallic-based monetary unit in the event the U.S. dollar crumbles. 

According to the bill, the committee would meet four times this year to "consider recommendations for legislation, with respect to the need, means and schedule for establishing a metallic-based monetary unit to serve as a contingency currency for the Commonwealth."

The bill sets the maximum cost of the committee's work at $17,440.

What do you think of the proposal for a Virginia currency?  Tell us in the comments section at the bottom of the page.

See how your representative voted:

YEAS--Albo, Anderson, Bell, Richard P., Bell, Robert B., Byron, Cline, Cole, Cosgrove, Cox, J.A., Cox, M.K., Dudenhefer, Edmunds, Fariss, Farrell, Garrett, Gilbert, Greason, Habeeb, Head, Helsel, Hodges, Hugo, Iaquinto, Ingram, Joannou, Johnson, Jones, Kilgore, Knight, Landes, LeMunyon, Lingamfelter, Loupassi, Marshall, D.W., Marshall, R.G., May, Merricks, Miller, Minchew, Morefield, Morris, O'Bannon, O'Quinn, Orrock, Peace, Pogge, Poindexter, Purkey, Putney, Ramadan, Ransone, Robinson, Rush, Scott, E.T., Sherwood, Stolle, Tata, Villanueva, Ware, R.L., Watson, Webert, Wilt, Yancey, Yost, Mr. Speaker--65.

NAYS--BaCote, Brink, Bulova, Carr, Comstock, Dance, Filler-Corn, Herring, Hester, Hope, Howell, A.T., James, Keam, Kory, Krupicka, Lewis, Lopez, Massie, McClellan, McQuinn, Morrissey, Plum, Rust, Scott, J.M., Sickles, Surovell, Torian, Toscano, Tyler, Ward, Ware, O., Watts--32.


NOT VOTING--Crockett-Stark, Spruill, Wright--3.

MP Resident 09 February 06, 2013 at 02:38 AM
You lost me at raising taxes. It erased anything intelligence you may have said.
MP Resident 09 February 06, 2013 at 02:44 AM
How about we promote more bartering? Oh wait, the IRS is already prepared to stop that too. They have webpages dedicated to making sure you pay taxes whenever you barter service or items that have a fair market value (I'm sure they determine that too) of $1.00 or more. In any case, bartering would be ideal in a world where paper money becomes worthless.
MP Resident 09 February 06, 2013 at 02:46 AM
Cindy Brookshire February 06, 2013 at 01:58 PM
And now...Amazon coins, beginning in May. http://www.amazonappstoredev.com/2013/02/introducing-amazon-coins.html
Deborah Kelly February 06, 2013 at 02:04 PM
Agree - good idea! Never hurts to have a "back up" plan - better than not having one!


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