U.S. Military Taught Officers: Use ‘Hiroshima’ Tactics for ‘Total War’ on Islam

shadowrabbit · 1 month

One thing that is frequently overlooked is that the U.S. officially left the gold standard in 1971. That happens to be the year that real wages collapsed -- and shortly thereafter, the price of healthcare and undergraduate tuition began their never-ending rising.

Not saying that we need a gold standard, but economists that ignore that data (Krugman) are preaching economic religion more than science.

putainmerde · 1 month

Sigh. Posts about economics are always gross oversimplifications -- an About.com article on the gold standard isn't going to put this debate to rest (there are Nobel prize winning economists that would argue both sides).

But in regard to Ron Paul, contrary to popular belief, he is not advocating a gold standard -- and not necessarily privately-managed competing currencies (for this idea won F.A. Hayek a Nobel prize).

Competing currencies only need be established by what is considered legal tender in terms of taxation. If you buy gold in the open market for dollars, then spend your gold, a competing currency system would not tax you on the 'capital gains' of gold (assuming your dollars depreciated).

Even Milton Friedman -- a huge advocate of expanding the money supply -- admitted that the decade that the U.S. used competing currencies resulted in both deflation and rapid economic growth.

http://books.google.com/books?ei=EqhoT93wNqLz0gGijJD7CA&id=Q7J_EUM3RfoC&dq=a+monetary+history+of+the+united+states&q=deflation#v=snippet&q=deflation&f=false

Nothing is as black and white as people would have you believe.

PaqTooba · 1 month

Two Houses for the Elected who carry the pen,

Nine seats for the Appointed whose rule is the end,

One for the Commander in his white house

In the Land of Washington where the Politicians lie.

Two Parties to rule them all, yet One goal defines them,

Two Parties to trick them all to think their woes behind them

In the Land of Washington where the Politicians lie.

http://www.thestreet.com/story/11431767/1/can-you-resist-americas-ring-of-power.html

pete_me1 · 3 months

I'd be pretty saddened to see an Obama-Santorum debate as I think that Santorum's obvious shortcomings will give President Obama a "free-pass" from addressing the most questionable actions of his presidency.

I'd much rather see Ron Paul debate President Obama so issues like the NDAA, constitutional abuses and the war on drugs could be brought into the national spotlight (for once).

Aachor · 3 months

Here you go:

http://dailybail.com/home/rick-santorum-hates-ron-pauls-libertarian-ideas.html

Mind_Virus · 4 months

This is appalling -- it makes me feel justified in saying that I cannot vote for President Obama or any Republican candidate that supports NDAA.

abudabu · 6 months

This is exactly what Brazil did -- successfully:

http://www.economist.com/node/526566

philasurfer · 6 months

I think the argument can be made that Goldman is the 'best' only because of their political connections. Without the backdoor AIG bailout, overseen by Hank Paulson (their former CEO), Goldman would not exist.

Similarly, Judd Gregg pushed hard to prop up the banks, only to retire and start working for ... Goldman Sachs.

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