[padre35]

Actually Eric, “we” the US didn’t provide Saddam with military equipment for the 80-88 war, a few choppers, and dual use biological medium, but not heavy tanks artillery and planes and mortars etc came from France the Soviets and the Germans.

That being said, Ron Paul’s currency plans would crash onto the shore of Petro Dollar/Petro Euro reality.

We have far too much currency and debt floating around the world to ever be able to metalize all of it.

[George W. Bush]

We have far too much currency and debt floating around the world to ever be able to metalize all of it.

I don't RP has ever suggested we could. America never had a fully gold-backed currency in its entire history. He instead talks in terms of a stabilization of currency and hedging against deflation and the manipulation of currency by unscrupulous pols and banking interests, the disincentive toward savings, how the government monetary policy creates an incentive for people going into debt in a big way (the Eighties, or from 2002-2006 for instance), how the end result is something like the S&L bank bailout in the late Eighties and the subprime problems and massive deflation of the dollar currently.

It really won't do to pretend that these things are not the result of government policy and the actions of the Fed. Many people may conclude that the Fed is necessary but it does have its problems. Among them was causing the Great Depression.

[Eric Blair 2084]

Probably a discussion for a different thread.

[George W. Bush]

dual use biological medium

You mean his seed stock of anthrax? Yes. Can't recall which agency gave it to him though. Seems it was a midwestern university. We've exported a lot of this stuff around the world, not just to Saddam though. Of course, it has prominent warning labels on it, "Only for research. Do not make WMD!" and stuff like that.