Posted on 01/15/2009 3:53:29 PM PST by JSDude1
In 1971:
We had ENOUGH gold—provided the Fed didn’t print too much of its counterfeit “money.”
We had “too little” gold only in the sense that the federal government wanted to engage in more counterfeiting.
A gold standard does NOT require ever-increasing quantities of gold. It DOES requires moral integrity on the part of the government, the bankers, and the voters.
Oh. Never mind.
Should have never gone off Gold Standard. A change that reverbrates down our history in ignominy.
Probably Bubba Clinton looking for his lost watch.
RE: Ron Paul. He wasn’t a very persuasive debater either. But still, he pretty much nailed the fact that our financial system was going to crash. He sounded like your crazy uncle in the debates, but damn if he wasn’t right. I heard Mark Levin apologize to him on the air. That takes some guts and raised my opinion of Levin a few notches.
Many people said the financial system was in trouble, Paul was like many doomsday prophets, shooting a shotgun. He also predicted ‘pinkback’ currency with tracking chips on all bills and forced collection of all currency to require you to carry the ‘trilateral commission approved currency’... He was actually not very right on the ‘crash’ in the details, only saying the obvious about over extending debt..
Mark, ping, did you know folks actually think you apologized to Paul.. lol.. guess tongue in cheek doesn’t come across right sometimes..
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