Skip to comments.Steve Forbes on Overseas Wars, the Coming Gold Standard and the Rise of 'Citizen Agitation'
Posted on 08/29/2010 4:35:57 PM PDT by dynachrome
Daily Bell: What is your overwhelming political concern these days? Is it financial? Economic? Sociopolitical? What are you most worried about for America?
Steve Forbes: Right now my biggest concern is misbegotten ideology and economic thinking from Washington. What we are experiencing now is what you might call a form of soft-core socialism or quasi-Third World socialism where the government doesn't take over industries but, in effect, dominates industries so that you can't do anything without the permission of the federal government. You see it in health care, in finance and in the new so-called financial reform bill. I think the Obama Administration is going to make a move to get its hooks in a very big way into energy. Companies will remain ostensibly independent, but their activities what they can do and how much they are allowed to make will be determined by the White House or the bureaucracy.
Daily Bell: Are you worried about a growing authoritarianism in America?
Steve Forbes: Well, I am worried about this economic authoritarianism in which you have to have government approval to do anything. Yes.
(Excerpt) Read more at thedailybell.com ...
Predicts return of gold standard, also:
Daily Bell: You mentioned a gold standard. Should the Western world return to some sort of gold standard? What would it be? Is it feasible?
Steve Forbes: We will return to a gold-based monetary system. I don't think we'll go back to a 1920s or 20th century-style gold standard. But I think monetary policy will be tied to the price of gold, which manifestly it is not today. So, yes, a gold-based system is coming back, and it will be good!
Some of us might call it "Corporatism" or "Fascism."
Is that after they drum up some phony-baloney reason to confiscate people’s gold?
Really, Mr. Forbes, if the financial industry and the automobile industry did not screw up, the nation would be still electing Republicans. Voters turn to government when they no longer rely on those that laid them off. So point your guns at the cause not the result.
The famous. “Third Way”.
How about each State with its’ own currency/script with a federal currency based on gold for FX?
My main concerns about Steve Forbes is his approval of amnesty for illegal immigrants for cheap labor purposes-Forbes is a Elitist Republican-and his “messed up face”. A lot of people forget that he’s for amnesty for illegal immigrants!
Really,ex: financial industry has not screwed up in any major way: the government did by dictating that loans be given to those who cannot repay them; and the auto industry went down not because of its management but because of the unions. Check your facts.
It is because even conservatives are ignorant of the issues -- and, swollowing what the commie meida tells them and wrongly blame corporations --- that we have a socialist in the White House.
More precisely, IMHO, it's a form of corporatism, or syndicalism. If the auto industry is the template; then it's syndicalism.
It would require some kind of international consensus and agreement for it to work. The US Gold Standard collapsed in 1972 because France and other countries were devaluing their currencies to make their exports more competitive and US exports correspondingly expensive whilst draining the US of Gold by cashing in their dollar reserves. Without some sort of binding treaty or mutual gold standard between all major economic world powers, a unilateral decision to go back on it by the US will not work...
“that we have a socialist in the White House. “
That we have a MARXIST in the White House.....
There, fixed it for you.
It is because even conservatives are ignorant of the issues -- and, swollowing what the commie meida tells them and wrongly blame corporations --- that we have a socialist in the White House. < /i>< p>BUMP. Perfect analysis.
Crap. Sorry folks my formatting got way off. Tried posting from Ipad keyboard. Higher degree of diifficulty.
When do you believe the last living manager of these industries was hacked to death and got all eaten up by the politicians and unions?
Ten years ago? Twenty? Forty?
Who has been cashing their checks in the meantime?
Buyer’s Remorse? No, don’t tell me Forbes figured it out.
GM has been nothing but a health care/pension plan that happens to build cars since the strike in 82 or 83 that shut down the big car (”C” body) plants.
I understand what you are saying but I'm tired on the 'devil made me do it' stuff - the government made me do it and the unions made me do it. The leaders of finance and the auto industry took away a pile of bonus performance money. Passing the buck on their screw ups does not cut it any longer. Their screw ups is why we have Obama.
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