The South Carolina Franchise

Well, state’s rights got trumped by the federal government a long time ago.

This we know. From now on, I think I’ll refer to the individual states simply as a “franchise” of the federal government because for all intents and purposes, thats precisely what they are.

This story was sent to me by a co-writer via CBS News.

It seems that South Carolina would rather use “real” money rather than federal reserve notes. South Carolina Rep. Mike Pitts is leading the charge and introduced legislation this month to ban the “illegal” notes and also goes on to call the federal reserve note system “unconstitutional.”

The Germans felt their system wouldn’t collapse, but it took a wheelbarrow of money to buy a loaf of bread in the 1930s,” he said. “The Soviet Union didn’t think their system would collapse, but it did. Ours is capable of collapsing also.

I have to give Rep. Pitts credit. He’s doing what he feels is right.

Looking at the federal government and its hold over individual states much like Domino Pizza’s headquarters and its franchise stores would show us that when the corporate office tells you to use a certain type of cheese, you’ll do what they say if you want to keep your franchise.

Imagine if you were sitting in on a conversation taking place in the 1700s. I could see the person bringing up the idea of a federal reserve system being laughed out of the room. He would also probably be the butt of many jokes to come.

Today. That joke has become a reality.