A Montana State Lawmaker Wants Gold Money
Hailey Hurowitz
11/14/12
1A
A Montana state lawmaker is asking that he be paid in gold coins because of his lack of faith in the U.S. dollar amid a rising deficit. Jerry O'Neil, a Republican just reelected in his northern Montana district says his constituents told him he was not honoring his duty to uphold the U.S. Constitution, which O'Neil and Gold Standard supporters say requires the government to print money backed by gold. "I believe that if you take a look at the Constitution, that's what it says," he told POLITICO. "I think we've gotten a tremendously long way from it." So he wrote a letter to the sate Legislature asking to be paid his public salary in gold and stated, "It is very likely the bottom will fall our from under the U.S. dollar. Only so many dollars can be printed before they have no value."
A former supporter for Rep. Run Paul's (R-Texas) failed bid for president, O'Neil said he hasn't heard back from the Montana Legislature about his request. O'Neil also said, "If we don't start paying that debt down, we're going to lose the country." O'Neil also said that he collects about $7,000 annually from the Montana Legislature. Currently, the U.S. Mint is selling the 2012 American Eagle One Ounce Gold Proof Coin for $1, 985.00.
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