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Politics : The Obama - Clinton Disaster
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To: GROUND ZERO™ who wrote (8167)3/3/2009 9:14:43 PM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
Dr. Paul is talking about some *very* long-term trends in his remarks.

(For example: he CLEARLY stated that "the bubble has been building since 1971", and I agree with that assessment. He also believes that the US Dollar should not be the universally accepted unit for global commerce. Perhaps if we had followed his other policy prescriptions and not built and sustained military bases in hundreds of foreign countries, and a military budget matching that of the rest of the world put together, then the Dollar --- as with Rome's previous currency supremacy during the era of 'Pax Romanica', then the US Dollar might have never advanced to it's post WW II status as the single 'globally accepted unit of commerce'.)

However, I don't thing that has very much at all to do with your short-term policy worries.
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