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Why Are The Republicans So Silent On The Falling Dollar?
Forbes ^ | 04/14/2011 | Seth Lipsky

Posted on 04/14/2011 6:42:19 AM PDT by SeekAndFind

The most astounding feature of the political fray as the 2012 election comes into view is that not a single Republican other than Congressman Ron Paul is stepping forward to brand as his or her own the issue of honest money. The whole party is into the negotiation with the president over the budget, and the underlying issue--the failure of our fiat currency--is up for grabs.

It is true that there's plenty of blame to go around on the dollar. It had a value of 265th of an ounce of gold on the day that George W. Bush acceded to the presidency and was worth less than an 853rd of an ounce of gold on the day he left office. The New York Sun, which supported Mr. Bush in 2000 and 2004 elections, issued in December of 2005 an editorial called "The Bush Dollar," warning of the collapse of the greenback. It had just sunk below a 500th of an ounce of gold.

Today, of course, it is worth barely more than 1,500th of an ounce of gold. The giddiness of the plunge of the dollar really started to be felt in the years after the Democrats acceded to the leadership of the House. At the time the Sun called for renaming the dollar "The Pelosi." The collapse has been so dramatic that the Europeans, the United Nations and even the Chinese communists are talking about the need to create a new international reserve currency. Yet not a single Republican has stepped onto the national stage and declared a run for the presidency on a platform containing the strong dollar as a major plank.

Now that the Republicans are back in control of the House they are in a perfect position to press this issue.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: devaluation; dollar; republicans
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1 posted on 04/14/2011 6:42:26 AM PDT by SeekAndFind
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To: SeekAndFind

Because they have no solution and don’t know what to say?


2 posted on 04/14/2011 6:43:35 AM PDT by stuartcr (The soul is the .cfg file for the body)
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To: SeekAndFind

Because they are all socialists and belong to the New World Order.


3 posted on 04/14/2011 6:46:41 AM PDT by stockpirate (Rebellion to tyranny is obedience to God!)
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To: SeekAndFind
Because they are marxists just like pelosi, reid and obama.

LLS

4 posted on 04/14/2011 6:49:50 AM PDT by LibLieSlayer (WOLVERINES!!!)
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To: SeekAndFind

It is beginning to seem as if the GOP has no stones.

Even nancy-boy our president, has more.

Our side is meek. Go-along. Wimpy.

Nobody votes for a wimp. Get off your hands, GOP!! If the press is not angry and attacking you - it doesn’t mean you’re doing things right. It means you have been intimidated into useless silence.

Start to act like you believe in something.


5 posted on 04/14/2011 6:50:36 AM PDT by Cringing Negativism Network (Palin / Trump 2012 - America First)
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To: stockpirate

Why attack him on gas prices like they did to Bush?


6 posted on 04/14/2011 6:51:54 AM PDT by scooby321
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To: SeekAndFind
The most astounding feature of the political fray as the 2012 election comes into view is that not a single Republican other than Congressman Ron Paul is stepping forward to brand as his or her own the issue of honest money.

Americans no longer know what "honest money" is. Since FDR confiscated our gold in 1935, thereby socializing the dollar, generations have grown up knowing only little green pieces of paper that belong to the government. Even FReepers mock the idea of a gold-backed currency.

The socialists have done such a good job at mocking gold as a "barbarous relic" that any politician who comes out in favor of it would be branded a kook.

7 posted on 04/14/2011 6:53:18 AM PDT by BfloGuy
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To: SeekAndFind

Sarah has been the only GOP potential as early as last year warned in a posting and speech of the falling dollar and risks involved


8 posted on 04/14/2011 6:53:34 AM PDT by Bigtigermike
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To: SeekAndFind

because they haven’t got a clue what the fed and treasury are up to


9 posted on 04/14/2011 6:55:17 AM PDT by paul51 (11 September 2001 - Never forget)
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To: Cringing Negativism Network
Start to act like you believe in something.

Come on, give them a break. They are working hard for what they believe in, to maintain their own power and position.

10 posted on 04/14/2011 6:56:07 AM PDT by Prokopton
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To: SeekAndFind

I used to think that the Republicans had principles and that Democrats were just political hacks. I realized it was exact opposite. Democrats operate on their horrendously depraved principles and GOP doesn’t stand for much of anything other than not quite as bad as Dems. They are not the party of no. GOP is party of not quite so much(just yet).


11 posted on 04/14/2011 6:57:53 AM PDT by all the best
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To: Prokopton

“Come on, give them a break. They are working hard for what they believe in, to maintain their own power and position.”

Ironically, that is what will cost them their power and position.


12 posted on 04/14/2011 6:58:03 AM PDT by brownsfan (D - swift death of the republic, R - lingering death for the republic.)
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To: Prokopton

“Come on, give them a break. They are working hard for what they believe in, to maintain their own power and position.”

Nice summary.


13 posted on 04/14/2011 6:59:00 AM PDT by Psalm 144 (Voodoo Republicans - Don't read their lips. Watch their hands.)
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To: SeekAndFind

Because both parties take a different path to the outhouse, but they both dump in the same hole.


14 posted on 04/14/2011 7:01:44 AM PDT by dforest
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To: SeekAndFind

Our Dollar has been worth less than the Canadian Dollar for several months now. I don’t ever remember this happening before, at least not for this long.


15 posted on 04/14/2011 7:02:14 AM PDT by Dixie Yooper (Ephesians 6:11)
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To: SeekAndFind

This is not true - perhaps not all Republicans are speaking publicly about the declining dollar, but many are - particularly the Tea Party Republicans

on the other hand, not one Democrat is speaking publicly about the dollar.


16 posted on 04/14/2011 7:03:14 AM PDT by PGR88 (I'm so open-minded my brains fell out)
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To: stuartcr

“Because they have no solution and don’t know what to say?”

Helloooooo. The Republicans are not concerned about the falling dollar because they have the same agenda as the Dems. If there is any political fighting it is over who will control the transition to globalism and who gets the payoffs.


17 posted on 04/14/2011 7:04:36 AM PDT by texteacher
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To: SeekAndFind

Why Are Republicans So Silent On The Falling Dollar?

Can u say corruption?

Can you say bought off?

Can you say they worship the Federal Reserver?

Can you say they worship “Free Trade”?

Can you say they are socialist?

Can you say they are gutless?


18 posted on 04/14/2011 7:05:07 AM PDT by swampfox101
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To: SeekAndFind

And ‘raising the debt ceiling’ are code words for devaluing (floating)the dollar even further. Audit the fed!
http://www.rollingstone.com/politics/news/the-real-housewives-of-wall-street-look-whos-cashing-in-on-the-bailout-20110411
The Real Housewives of Wall Street


19 posted on 04/14/2011 7:05:46 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: stuartcr

>> Because they have no solution and don’t know what to say?

The simplest explanation is most likely the correct one (Occam’s Razor).


20 posted on 04/14/2011 7:05:51 AM PDT by Nervous Tick (Trust in God, but row away from the rocks!)
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