Friday, August 24, 2012

SOMEONE STOP THEM, the Republicans are making TOO MUCH SENSE,


The gold standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy. 

Drafts of the party platform, which it will adopt at a convention in Tampa Bay, Florida, next week, call for an audit of Federal Reserve monetary policy and a commission to look at restoring the link between the dollar and gold.

The move shows how five years of easy monetary policy — and the efforts of congressman Ron Paul — have made the once-fringe idea of returning to gold-as-money a legitimate part of Republican debate.  More here:

LOL ... the "once-fringe idea."  There go those crazy-ass Republicans again, right jourrrrnalist?

Yes, the "fringe" ... you know ... the INSANE.  For example,  "Article one, Section ten" of the US  Constitution, which provides that nothing but gold or silver shall be used for money.  Yes, WAY out there on "the fringe," right jourrrnalist?

And at the end the helpful genius jourrrnalist concludes with a short lecture:

A return to a fixed money supply would also remove the central bank’s ability to offset demand shocks by varying interest rates. That could mean a more volatile economy and higher average unemployment over time.

Oh, of COURSE, everyone knows that a stable and dependable currency causes higher unemployment ... idiot.  Do you see how his genius can come to this conclusion?  C'mon, it's obvious to all the smart people ... you want to seem smart, don't you?

See, this is the problem with the great geniuses of our time idiot-libs ... they ALWAYS think their genius is better or somehow smarter ... as if they can flaunt the laws of economics.  And I wouldn't mind, really I wouldn't ... except that, as usual, they want to apply their "fringe ideas" to me.

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