Towne Announces Support of Ron Paul’s HR 4248
Jake Towne, independent candidate for US Congress in PA-15, today announced his support of HR 4248, the Free Competition in Currency Act of 2009, and urges the current incumbent to co-sponsor the bill. The short 374-word bill is inline with the campaign’s theme of sound money and would revoke legal tender laws enabling Americans to use other currencies if they so choose to compete with the unbacked script currency issued by the Federal Reserve.
Towne just released his “Sound Money and Jobs” campaign plank (attached in PDF) which explains to all residents the dire importance of sound money, and provides evidence linking the troubles of the American economy to the governments’ actions to devalue the dollar and suppress the gold price. While unknown to most Americans, gold is one of the world’s largest financial markets, trading over $20 billion USD per trading DAY on the London exchange alone.
The campaign’s last “Towne” Hall was well attended by many newcomers, and the next event open to the public at no cost is Monday, February 1, 2010 at the Bethlehem Township Community Center, 2900 Farmersville Road at 7 PM. (Details here.)
Towne is not endorsed by nor affiliated with the sponsor of HR 4248, Pennsylvania-born Dr. Ronald Paul. Paul also recently introduced HR 1207, a bill to audit the Federal Reserve – which has never been thoroughly audited since its founding in 1913. Towne successfully petitioned the incumbent Congressman for several months before he agreed to co-sponsor this no-brainer piece of legislation and hopes the same can be done here. (The incumbent’s fundamental lack of understanding on monetary policy is demonstrated in this question I asked at a town hall.)
January 21, 2010
Contact: Jake Towne
Email: TowneForCongress@gmail.com
Website: TowneForCongress.com