well its not that simple. for instance, gold is susceptible to wild fluctuations in price. im not an expert by any means but there are no simple solutions to avert the boom and busts.
another issue with going back to gold is that it is debatable if the USA still has all it's gold at fort knox. The last time there was an audit of the gold at fort knox was in 1974. Since then, nobody has been able to count or verify or even film that any gold exists. I don't know much about the situation, but there are a lot of conspiracy theorists who believe that Americas gold has been used up in backroom deals and black ops.
As far as Ron Paul goes, I think that for all the shit that I disagree with him about, I think this nation could benefit from 4 years of him. Actually, I agree a lot more with Gary Johnson. I am a registered Dem, and a liberal at heart, but if either of those libertarians had a real shot at getting elected, I think I would cast my vote their way. Not totally sure, I would have to do a lot of reading and debating before I was totally comfortable with that, but my gut reaction is that I would support them over any Dem.
[video]http://www.hulu.com/watch/289402/saturday-night-live-gop-debate-ii#s-p2-sr-i1[/video] http://www.hulu.com/watch/289402/saturday-night-live-gop-debate-ii#s-p2-sr-i1
It worked in the real world right up until Nixon took us off the gold standard. Not coincidentally, that was the time that real wages started going down over time.
He did run as an independent once before. He won't have as much opportunity to be heard so he runs as a republican. As a 3rd party candidate, he'd be up there with Ralph Nader in the vote count. Or should I say down there.
It's not subject to wild fluctuations in price if there's a gold standard. In fact, there wouldn't be wild fluctuations in price of anything... Consider the govt. says it will redeem 42 dollars for one ounce of gold. The price would be stuck at $42.
http://blogs.wsj.com/washwire/2011/...axes-cut-presidents-pay/?mod=google_news_blog Ron Paul’s Economic Plan: Cut 5 Cabinet Agencies, Cut Taxes, Cut President’s Pay GOP presidential candidate Rep. Ron Paul will unveil his economic plan Monday afternoon, calling for a lower corporate tax rate, cutting spending by $1 trillion during his first year in office and eliminating five cabinet-level agencies, including the Education Department, according to excerpts released to Washington Wire. Mr. Paul’s “Restore America” plan calls for a drastically reduced federal government to help spur American business — a familiar theme for the Texas Republican and many of the GOP White House hopefuls. But unlike some of his Republican rivals who have released economic plans, the libertarian congressman mostly avoids the weeds of tax and trade policy, according to excerpts. But Mr. Paul does get specific when he calls for a 10% reduction in the federal work force, while pledging to limit his presidential salary to $39,336, which his campaign says is “approximately equal to the median personal income of the American worker.” The current pay rate for commander in chief is $400,000 a year. The Paul plan would also lower the corporate tax rate to 15% from 35%, though it is silent on personal income tax rates, which Mr. Paul would like to abolish. The congressman would end taxes on personal savings and extend “all Bush tax cuts.” He would also allow U.S. firms to repatriate capital without additional taxes. Some lawmakers have recently proposed such legislation as a way to spur job growth. Its critics argue that a tax holiday for companies with money abroad has not historically led to domestic investment. But the plan, at its heart, is libertarian. While promising to cut $1 trillion in spending during his first year, Mr. Paul would eliminate the Departments of Education, Commerce, Energy, Interior and Housing and Urban Development. When former Massachusetts Gov. MItt Romney unveiled his economic plan last month, he said he would submit legislation to reduce nonsecurity, discretionary spending by $20 billion. Mr. Paul would also push for the repeal of the new health-care law, last year’s Wall Street regulations law and the Sarbanes-Oxley Act, the 2002 corporate governance law passed in response to a number of corporate scandals, including Enron. Other proposal are more vague, and the campaign has not yet released estimates of economic growth under the plan. Mr. Paul, who wrote the book “End the Fed,” calls for an audit of the Federal Reserve and “competing currency legislation to strengthen the dollar and stabilize inflation.” The excerpts did not provide more details on how such legislation would work. When it comes to Social Security, Medicare and other entitlement programs, Mr. Paul wants a system that “honors our promise to our seniors and veterans, while allowing young workers to opt out.” He also wants to run Medicaid, the state-federal health care program for the poor, and “other welfare programs” through block grants to states.
Don't know if I could support a man who wears fake eyebrows. If Ron Paul's eyebrows aren't real, what else is he hiding? http://news.yahoo.com/blogs/ticket/ron-paul-droopy-eyebrow-prompts-suspicion-184456720.html barfo
[video=youtube;B7RaYbToq7Q]http://www.youtube.com/watch?v=B7RaYbToq7Q[/video] ...I believe this video also helps prove that the "fake eyebrow" is simply an urban legend that doesn't actually exist
I'm way too old to vote for anyone older than I am. At 76 years old, Ron Paul is decades older. He's 76! He needs to get a life while he still can.
The Paul plan would also lower the corporate tax rate to 15% from 35%, though it is silent on personal income tax rates, which Mr. Paul would like to abolish. The congressman would end taxes on personal savings and extend “all Bush tax cuts.” In other words, let the poor and middle class pay even more while the uber-rich pay even less.
It never worked anything like your description. In a few days, everything would have cost a fraction of a penny. Also, booms and busts have always been around, in every economy in history and most certainly before Nixon.
No, no, America was a perfect social and economic utopia from 1776 until 1968, when those damn hippies ruined everything. After that, everything sucked until 1981, then things were absolutely fabulous until 1989, after which they sucked again. All we need to do to recapture our past glory is to do everything like the founding fathers would have done. Gold standard, powdered wigs, slaves, horses, etc. barfo
Gary Johnson has a better understanding of foreign policy and is a slightly better communicator. Gary is more socially liberal than Paul too.
You sound like a greek congressman from back in 2009. Time to man up and accept responsibility for fucking up.
