Immense Prosperity Is At Stake As Rand Paul And Ted Cruz Focus On Trillions Of Your Dollars

We pixel-stained wretches of the Mass Media lately have been busy as ever transfixing you with spectacles. Meanwhile, something really important — softly outside the melodrama — has occurred. Trillions of dollars — including your dollars — in the real economy and in the stock and bond and commodity markets — are at stake.

Rep. Kevin Brady (R-TX), Vice Chairman of the bicameral Congressional Joint Economic Committee — Congress’s own resident “Think Tank” — recently, without fanfare, introduced a potentially transformational piece of legislation in the House. Reportedly, this action has been followed by introduction in the Senate by Sens. John Cornyn (R-TX), Rand Paul (R-KY) and Ted Cruz (R-TX). This matters. Welcome the prospect of a Centennial Monetary Commission.

Meanwhile Sen. Cruz shows himself to have an exceptional grasp of the key importance to job creation and equitable prosperity of Fed policy. He included a demand for a “sound and stable dollar” in the statement of critical priorities he set forth nationally in USA Today late last year.

Moreover, in his recent best-selling memoir, A Time For Truth, Cruz observes “Ironically… one of the ways [Reagan] won the Cold War was by strengthening the dollar, which caused the price of oil to plummet.” This observation is of more than casual interest.

"If we must have an enemy at the head of Government, let it be one whom we can oppose, and for whom we are not responsible, who will not involve our party in the disgrace of his foolish and bad measures." - Alexander Hamilton

"We don't intend to turn the Republican Party over to the traitors in the battle just ended. We will have no more of those candidates who are pledged to the same goals as our opposition and who seek our support. Turning the Party over to the so-called moderates wouldn’t make any sense at all." -- President Ronald Reagan

"A thing moderately good is not so good as it ought to be. Moderation in temper is always a virtue; but moderation in principle is always a vice." - Thomas Paine 1792

"It does not take a majority to prevail, but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men." - Samuel Adams

"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen." - Samuel Adams

I know of at least one other Republican that gets it.

Unfortunately, she's not a candidate.

Updated Nov. 9, 2010 12:01 a.m. ET

It would be hard to find two more unlikely intellectual comrades than Robert Zoellick, the World Bank technocrat, and Sarah Palin, the populist conservative politician. But in separate interventions yesterday, the pair roiled the global monetary debate in complementary and timely fashion.
The former Alaskan Governor showed sound political and economic instincts by inveighing forcefully against the Federal Reserve's latest round of quantitative easing. According to the prepared text of remarks that she released to National Review online, Mrs. Palin also exhibited a more sophisticated knowledge of monetary policy than any major Republican this side of Wisconsin Representative Paul Ryan.
Stressing the risks of Fed "pump priming," Mrs. Palin zeroed in on the connection between a "weak dollar—a direct result of the Fed's decision to dump more dollars onto the market"—and rising oil and food prices. She also noted the rising world alarm about the Fed's actions, which by now includes blunt comments by Germany, Brazil, China and most of Asia, among many others.
"We don't want temporary, artificial economic growth brought at the expense of permanently higher inflation which will erode the value of our incomes and our savings," the former GOP Vice Presidential nominee said. "We want a stable dollar combined with real economic reform. It's the only way we can get our economy back on the right track."
Mrs. Palin's remarks may have the beneficial effect of bringing the dollar back to the center of the American political debate, not to mention of the GOP economic platform. Republican economic reformers of the 1970s and 1980s—especially Ronald Reagan and Jack Kemp—understood the importance of stable money to U.S. prosperity.

just a little gossip for you political junkies out there.

But I was at the U2 concert on Sunday night at Madison Square Garden. LIndsey Graham was there. the night before, Gov. Christie was there. Neither were with entourages.

The point being: these guys are not serious enough to get SS protection, and, they are not serious enough to be either campaigning or raising money on weekends.

Don’t get me wrong...I was glad to be at the show. But I’m not running for PResident, either.

And no, Ted Cruz was not there, I’m pretty sure he was doing something getting him much closer to being President.

It probably won’t actually happen...but it won’t be because he didn’t work hard....

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