Architect of Texas Gold Depository Says it Will Kill Off Fed
Many Texans are not nuts, and don’t have much interaction with the state’s many honorable nuts in day-to-day life. So when the words “Jade Helm” became a buzzword in Texas back in May thanks in part to Gov. Greg Abbott, a lot of people were shocked. It was a moment in which people who don’t pay much attention to politics noticed that there was something a little sickly about the state’s political culture.
But the sensuous interplay between the truly fringe and the actually powerful is a constant in Texas, and it has a real impact on the policies the state implements even if it doesn’t usually burst into the public consciousness. Take the interview state Rep. Giovanni Capriglione (R-Southlake) did with radio host Rick Wiles on Friday, in which Capriglione basked in praise for his plan to destroy the Federal Reserve with precious metals, as if he were Auric Goldfinger. It’s the latest installment in a long-running love affair powerful state figures have with marginal economic theories.
Wiles, a Christian talk show host with an apocalypse fetish, runs Trunews, which he unironically describes as an “anti-newscast.” Wiles recently earned recognition for announcing that he was renouncing his American citizenship thanks to the country’s embrace of “lewdness, sorcery, witchcraft and rebellion” against God’s laws. He highlights “ancient prophecies,” cooks them together with an easy-bake oven version of Christian teachings, and cribs from Alex Jones. He foreshadows the imminent end of the world, then begs for donations.
Capriglione, meanwhile, is a rising member of the Republican establishment. He’s also a goldbug whose main accomplishment after two terms is the passage of a bill creating a Texas gold depository, which would allow gold owned by the University of Texas’ endowment fund to be returned from the heathen land, New York City. In 2013, it was one of the most colorfully ludicrous ideas before the Legislature, and Capriglione was reduced to passing out chocolate gold coins on the floor of the House to try to win support.
Read more: http://www.texasobserver.org/architect-of-texas-gold-depository-says-it-will-kill-off-fed/
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