Net nanny that!
My dear sweet preppy prince William Kristol has decided to join the terminally crazy.
make the case for considering a return to the gold standard.
Ye gawds that old chestnut again, more nut than chest.... William always reminds me of a headless chicken....I really don't know why... but there you go...perhaps because whilst his head is on TV his brain is off running around the meadow in ever decreasing circles.?
Lehrman details Nixon’s 1971 decision, which, as he puts it, “sowed chaos for a decade.” Bell explains how the iron will of Reagan and Volcker saved us in the short term from the natural implications of fiat money. But “enlightened statesmen will not always be at the helm,”
OMG this is priceless, if that doesn't tell you how bloody silly this discussion has got? Reagan the spirit of fiscal responsibility?
Bwahahahahaha
Reason for the debt ceiling crisis?
A hark back to the dim old days of the gold standard...now William go stand in the corner with Ron...and stop bloody shrugging.
The capital of a nation is in its assets; not some soft yellow material in the bottom of a vault doing sweet fuck all.
Based on its assets a nation can print money so the whole debt ceiling debacle was in the strictest meaning of the term; a farce.
Stop harking back to the good old days they are so over, ye gawds will any of these cretins move into this century?
Teh gold standard, what a crock of shit.
What is New York worth?
What is MIT worth?
What is what you like to call incessantly the greatest nation on earth worth?
Just because it is shiny doesn't mean our economy is based on a pile of it, ask to see Newt's Tiffany account for other uses.
Just mint a handful of trillion dollar platinum coins if shiny is what motivates you, otherwise walk out the door take a look around, I suggest you take a calculator and several years off work to estimate the value of what you see.
Next week in GOP land "Flint makes good tools".