Economics

Gold is Money

Money with independent value is a crucial component of a free society and a free market. Gold has proved, throughout history, to be the ideal monetary commodity because it is universally valuable and has a steady supply growth. The classical gold standard produced the highest levels of long-term price stability and economic growth of all U.S. monetary systems. The current paper dollar standard has caused financial disorder and kept the American economy from reaching its potential.

We promote gold-backed monetary reform at the national and state levels, and work to educate lawmakers and policymakers about the need for such reform. We communicate these themes through the mainstream media, and engage activists and voters on this issue. We championed a presidential commission on gold, before it was included in the Republican primary contest. We have led the movement to use states’ constitutional legal tender power to monetize gold, and have reached mass audiences though commercials and town halls across the nation.

Pensions Project

State and local governments are feeling the pressure of a combined $4.4 trillion in unfunded retirement liabilities. Unless bold reform takes shape, they will be left to raise taxes and cut public services, in order to fund pension payouts. We believe pension reform should be grounded in three principles: truth, equality, and fiscal federalism. This means that government disclosure of pension debt should be truthful, retirement compensation for public and private-sector workers should be in line, and that the states and localities, rather than the federal government, should dictate pension reform.

We are unique in advocating these principles in the public pension debate. We promote these principles through model legislation, media, and public engagement.

State Legal Tender

State Legal Tender was created to foster discussion about the ability of states to use hard money. At a time when citizens are becoming increasingly frustrated about the dollar’s loss of purchasing power, enabling them to use gold and silver coins as currency is a first step toward fixing our dysfunctional monetary system.

Fox News: Hey GOP, to Win in 2016 Fix Your Fundamental Brand Flaw

Originally published on Fox News by Maggie Gallagher Reince Priebus recently sat down with Politico to review progress since the release of the RNC’s “autopsy” on the 2012 election one year ago: “We have ‘the tale of two parties’ that we’re contending with,” Priebus astutely said, “We’ve got a … [Read more...]

APIA Statement on Janet Yellen Press Conference

Federal Reserve Chair Janet Yellen is set to meet with reporters this afternoon regarding the status of the U.S. economy. American Principles in Action’s Political Director Terry Schilling, released the following statement regarding Yellen’s press conference today, “Fed Chairwoman Janet Yellen … [Read more...]

Oklahoma Senate Passes Legal Tender Bill

Last week the Oklahoma Senate passed Senate Bill 862 (SB862) with a 37 to 4 vote that would legalize gold and silver as legal tender.  The bill was introduced by State Senator Clark Jolley (R-Edmond) and State Representative Gary Banz (R-Midwest City). The bill reads in part: Gold and … [Read more...]

GOP Must Become Party of Wage Earners

Polls Show Voters Have Little Confidence in GOP Ability to Manage Economy WASHINGTON, D.C. – A new poll by ABC and The Washington Post bodes well for Republicans in certain House and Senate races, however, a closer look at the poll shows that the GOP is still failing to connect with middle-class … [Read more...]

Washington Times Covers APIA’s 2nd Annual Gala

The Washington Times just did an article covering American Principles In Action's 2nd annual Red, White and Blue Gala.  An excerpt is below: Common sense could be the operative motto for the Grand Old Party as it seeks to articulate a viable message and identify appropriate standard bearers while … [Read more...]

RNC Calls on Congress to Bring Centennial Monetary Commission Legislation to a Prompt Vote

Washington, D.C. – The Republican National Committee, voted unanimously today to adopt a resolution calling on Congress to bring forward a vote on the the Centennial Monetary Commission legislation. The resolution states, “The United States House of Representatives [are] to give H.R. 1176 … [Read more...]

APIA Urges GOP to Seize the High Ground in Response to SOTU Wage Offensive

Must Avoid Reactionary Rhetoric, Fight Real Inequality & Democrat Hypocrisy  Washington, D.C. — President Barack Obama stands ready to use his SOTU address to turn from the abstract ideological point of “income inequality” to launch a populist attack on declining wages, according to press … [Read more...]

WSJ Marketwatch: What’s So Bad About Falling Prices? Nothing!

Wall Street Journal's Marketwatch: As Ben Bernanke hands over the Federal Reserve chairmanship to Janet Yellen at the end of January, leadership of the central bank will be passed from one strident deflation foe to another. All the way back in 2002, Bernanke in his speech “Deflation: Making … [Read more...]

Sean Fieler Discusses Yellen Confirmation on BBC

APIA chairman Sean Fieler went on BBC to discuss the confirmation of Janet Yellen to head the Federal Reserve as well as the high level of controversy surrounding her economic policies.  You can listen to the full interview here. … [Read more...]

Fieler on Yellen in The Guardian

APP Chairman Sean Fieler was mentioned in The Guardian’s coverage of the Janet Yellen confirmation vote. Sean Fieler, president of Equinox Partners hedge fund and chairman of Washington-based policy group American Principles Project, said the Fed’s policies had widened the gap between rich and … [Read more...]