- Joined
- May 7, 2010
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- Independent
Nobody here wants to turn themselves into a currency exchange booth so they can be screwed by currency manipulators.
We are already getting screwed by currency manipulators. The only difference is that we only have one major currency manipulator to deal with right now.
Being a Paulite doesn't make you enlightened. I've met both moronic Paul supporters and intelligent Paul supporters. Either way though, this isn't evidence of anything. He's too far back in the delegate race to do anything significant.
Not true actually, Paul is doing extremely well in the actual delegate race. The "projected count" you get from the media is a blatant deception that they mindlessly perpetrate on us every primary season. Of course, that deception provides a good cover for the dirty tricks of the political establishment arrayed against Ron Paul in the real race that no one talks about.
As for the Guilded Age, I am only familiar because I have a 20 year old son and he is into fantasy comics.
If you were actually talking about the Gilded Age after the US Civil War, I am fairly familiar with that too. The funny part is the term was coined by Mark Twain as a parody because it was not really a Golden Age but one that only has a film of gold covering the surface. A great many people were exploited in that era so that a very select few could get filthy rich.
Actually, the Gilded Age was an attack on the political corruption that dominated the era. Corruption inherently distorts the market as government uses its power to manipulate the economic process and the wealthy use the government to enrich themselves even more.
As for the FED. It serves a very important purpose and I agree it has many flaws. I think the fault lies more in the management of it than in it's actual function. Personally, I think it mostly stems from the fact that it is basically a Bank that is run by Bankers to regulate Banks and Bankers... The inmates have the keys to the asylum. But, returning to the Gold Standard and ending the FED is not the cure.
Do you think a Fed run by professional bureaucrats would do any better?