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Posted at 3:10 PM ET, 02/21/2011

Virginia's new 'currency' debuts at the Capitol

By Anita Kumar
Anita Kumar

Del. Bob Marshall's proposal for the state to begin minting its own gold and silver coins as an alternative currency to the U.S. dollar didn't quite make it through the legislature this session.

But in honor of the Prince William Republican, coins with Marshall's likeness with the words In Bob We Trust and Bob Bucks have been distributed around Capitol Square. They're called "Ginnies." Get it? For Virginia.

The coins first debuted at the annual Virginia Capitol Correspondents Association dinner two weeks ago, but have cropping up ever since at the state Capitol and the General Assembly Building.

Marshall, one of the most conservative and controversial legislators, downplayed talk that his bill could be construed as well, a bit wacky. He said he wanted to inject competition into the national economy and force the federal government to change monetary policy he believes is leading to hyperinflation. His critique mirrors that of the tea party movement, some of whose members have called for the end of the Federal Reserve system.

The bill quickly died, but another bill, HB2236, authorizing the state treasurer to mint gold and silver commemorative coins featuring the state seal, Virginia memorabilia and historic figures is on its way to the governor.

Marshall 5 Ginnie Piece Front.bmp

Marshall 5 Ginnie Piece Obverse.bmp

By Anita Kumar  | February 21, 2011; 3:10 PM ET
Categories:  Anita Kumar, Bob Marshall, General Assembly 2011  
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Comments

Bob Marshall is just trying to set up his own theocratic state. Move on.

Posted by: Anglo_Rider | February 21, 2011 5:17 PM | Report abuse

I'm glad to see it's a wooden nickel; nice touch!

Posted by: CAPS43 | February 22, 2011 12:06 AM | Report abuse

Shhhh, no one tell him that "Ginnie" is another nickname for the female reproductive organ.

Posted by: MarilynManson | February 22, 2011 8:39 AM | Report abuse

Surprised this hillbilly's didn't try and put a rebel flag to pander to the KKK crowd tbh.

Posted by: mikefromArlington | February 22, 2011 9:38 AM | Report abuse

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