Wednesday, December 17, 2014

N.Y. Sun: Enact Gold Standard To Protect Financial System

by JASmius



If only, my friends, if only.  And while we're already tilting at windmills, let's also abolish every unconstitutional Cabinet Department and government agency, and defund the approximately four out of every five federal dollars spent every year that don't pass constitutional muster.

Not that all these things shouldn't be done; they absolutely should.  Not only would it bring about a sunburst regeneration of national economic and civic health - "a new birth in freedom," to put it Reaganesquely - but our Obamunist enemies would be utterly consumed in the process.

But I have to interject a buzz-killing question: How long did it take the Left to socialize American healthcare?  Answer: seventy-eight years.  And they were maniacally, crazily, slaveringly, hardcore committed to it and pushed unceasingly toward that goal for all that time.  How long do you suppose it'll take the Right, which isn't nearly that motivated (the "establishment") and educated (the Tea Party), to roll all of it back?  With the Left bitterly contesting every single inch of ground?

Yeah, that's what I thought.

And on bringing back the gold standard?  Off of which we've been for forty-three years and counting?  If only, my friends, if only:

The best way to ensure the soundness of our financial system is with a gold standard, according to a New York Sun editorial.

"The way to beat the problem of Wall Street and the banks playing with taxpayer-provided money is not a game of regulatory whack-a-mole," the editorial states.

"The way to stop this raid on the taxpayers is through the restoration of a sound, stable dollar tied by law to a specified amount of gold."

A specific amount nowhere near what it was when President Nixon took the U.S. off the gold standard in 1971, or that itself would collapse the tottering global financial card house.

And Republican leaders in Congress may be amenable to this issue, Sun editors write.

I'll give Tea Partiers a few minutes to finish laughing hysterically.

"The Republicans who will lead the next Congress are well aware of the strategic moment in respect of monetary reform," the editorial says.

"These leaders include Paul Ryan, who so pointedly questioned ex-Chairman Ben Bernanke of the Federal Reserve on the issue of gold. They include the chairman of the House Financial Services Committee, Jeb Hensarling, who is looking at a rules requirement for the Fed," the newspaper notes.

"This is a party whose last presidential platform, the one on which Governor Romney was supposed to stand, included a plank on monetary reform. It emerged from a fierce primary," the editorial adds.

This is a party which is so paralyzed by its fear of Barack Hussein Obama that they consistently wet their pants because they can't decide which hand to use for aiming purposes in the Capitol Members' lavatory.  But then using both hands is probably "officially" considered racist anyway.

But who knows?  Maybe spines will miraculously telescope up the backs of the new unified Republican majority once they're officially sworn in, and they'll go on a spellbinding constitutionalist blitzkrieg that will leave The One with damp knickers.

Hey, if we're going to fantasize, that pipedream is a lot more fun than unicorns, yeti, space aliens, the Loch Ness Monster, and messin' with sasquatch.

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