Posted on 08/30/2011 9:47:13 PM PDT by PhilipFreneau
There is nowhere left to hide. America’s governing elites begin to internalize the magnitude of their failure to generate jobs. CBO now predicts worse than 8% unemployment until 2014. America begins to engage, seriously, with the implications of the faltering dollar and reconsider the appeal of the gold standard. From The New Yorker to The National Interest to The Washington Monthly to The Nixon Foundation, thoughts turn to gold
(Excerpt) Read more at forbes.com ...
And I heard Obama is going to announce another “stimulus” soon...
HA HA HA HA HA HA HA
I suspect that several decades of outsourcing American manufacturing has more to do with structural unemployment than the gold standard.
Every enemy of the nation (within our borders) would be rounded up and sent back .. or sent up.
Every man or woman that wanted to take some of these derelict buildings andf turn them into factories actually MAKING something would get no business taxes for 10 years.
I'll think of more tomorrow.
The ignorance and incompetence of this administration when it comes to the economy in general and jobs in particular is mind numbing.
The idea that you create jobs by giving incentives to create jobs is an example of such ignorance.
No one starts or expands a business to create jobs. The only reason any person starts or expands a business is to make money - ie, a profit. Hiring a person to do that is something that they will only do if it helps them make more money. If hiring a person is going to cost them more or cause them headaches because of regulations and labor laws, they will think twice and three times before they hire anybody.
So, if the government wants to help in job creation what they need to do is salute people who make a profit instead of demonizing them and taxing them out of existence. Additionally it should dismantle all the burdensome regulations that scare businesses from taking on new people.
One more thing - stop paying people for not working, and stop dictating what one can pay at the low end of the scale.
Do we even have any real gold in Fort Knox?
>>>Do we even have any real gold in Fort Knox?<<<
I hear Ron Paul has been trying to find out, but he has been running into a stone wall.
Repeal every law passed since 1964 (just picked a year out of the air) at every level of government.
Fire 3/4 of the bureaucrats at every level of government.
Immediately close all public schools and issue vouchers.
Repeal the 16th and 17th amendments.
Pass an amendment stating that the commerce clause ONLY governs specific transactions with a paper trail that cross state lines.
Disband every cabinet agency except State, Defense, Interior and Treasury.
Audit the Fed and if any errors or anomalies exist that an average bank could not explain, end them.
Go onto a gold and silver standard within a year, wherein the ratio of prices from one to the other are set by the exact measurements of known reserves and owned metal.
Close the border now and put the National Guard along the fence.
End all farm subsidies.
That’s all I got for now.
After enough of my fellow Baby Boomers croak, we’ll have fewer jealous, coveting NIMBYs (”not in my back yard”) in the way. Then, we can abolish zoning laws against new, small manufacturing starts in rural areas. Other violations against property rights must also go. If someone wants to be sure that a house is safe enough to buy, they can do what they already do: hire private inspectors.
“Few men have virtue to withstand the highest bidder.” —George Washington
The idiot Obozo looks at “jobs” as an end product, the end rather than a means to an end. Has no clue what a “job” is, or the underlying purpose for a “job”. Has no clue about basic economics, what a needed good or service is. Just thinks of “jobs” as something that can be created out of thin air, on a whim, at the snap of his fingers.
Which is why the idiot has no problem with continuing his economy strangling regulations.
Disband the FDA and FTC.
Privatize Social Security immediately and means-test all current recipients.
Not really. Throughout history, it has been true that nations which run an inflationary monetary policy also run chronic trade deficits. It is a result of the simple principle that trade is dependent on prices.
Inflation tends to raise wages and prices. Citizens will begin to find foreign goods cheaper and will have the income to buy them. Eventually, the currency is worth less and the situation would correct itself -- but the central bank issues more money, prices and wages rise again and the trade deficit is sustained.
Over the course of decades, the inflation will have seriously distorted the economic structure of the nation. The production of goods will be replaced by the provision of services, chief among which are financial.
The implementation of a gold standard (or even the stabilization of the paper currency) will re-establish a trade balance in an amazingly short time -- in months, most likely.
Mark Zuckerberg turned down a million-dollar offer for his software and coding skills, WHILE STILL IN HIGH SCHOOL, for a software program he wrote as a teenager.
He is a left-wing little prick but he cannot be bought. People have tried. He still owns majority control of Facebook which is now worth billions.
Nearly everyone who has attended an elite college or university is.
By the way....Let's start calling them what they **really** are: Communist Useful Idiots.
Thanx Vicki ... I was tired when I wrote my list and knew as soon as I hit post, it needed a LOT of help
Back up one more step for a more complete view. Gubmint meddling in every aspect of business is the culprit that drove jobs off shore.
Impeachment or resignation would make a good stimulus at this point.
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