12-11-2011, 10:21 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Ron Paul's solution for America is to go back to 1910.
If you understand the history of the unregulated economy of that day you will understand why this is a regressive plan.
A return to the gold standard would cause a severe depression -- deflation and default or forfeiture of collateralized assets. The "new dollar?"
Be careful what you ask for -- you might just get it.
And who is Pew Research?
Quote:
http://en.wikipedia.org/wiki/The_Pew_Charitable_Trusts
Although today the Pew Charitable Trusts is rigorously non-partisan and non-ideological, Joseph Pew and his heirs were themselves politically conservative. The mission of the J. Howard Pew Freedom Trust was to "acquaint the American people with the evils of bureaucracy and the values of a free market and to inform our people of the struggle, persecution, hardship, sacrifice and death by which freedom of the individual was won." Joseph N. Pew, Jr. called Franklin Roosevelt's New Deal "a gigantic scheme to raze U.S. businesses to a dead level and debase the citizenry into a mass of ballot-casting serfs."[2]
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Leopards don't change their spots ...
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