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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (166932)5/20/2002 10:15:08 PM
From: CuriousGeorge  Read Replies (1) of 436258
 
That was Alan, before the Kool Aid

<<This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard. >>

There is an irrational liberal at work that believes Greenprint is the Messiah, the Fed is great, the gold standard was and is foolish and if I don't like those green pieces of paper, backed by the full faith and credit of the US gubmint, and it's ability to extort money from the citizens (at gunpoint when needed), can he have'm?

However he rants and raves about the 5 trillion dollar debt we are passing to our kids and grandchillen, and blames it all on Ronald Regan. What he doesn't understand, and will never understand, what he has never considered, is gold standard market forces would prevent the gubmint from running up such a debt.

Here's another classic from a classical liberal

It is so appropriate to these times, but was written fifty years or so ago!

department.monm.edu

BTW, gold sucks -g-

CG
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