- Dear Gold Standard...videos tagged- scrabble

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Dear Gold Standard...

Go to http://www.goldiac.com/ '>http://www.goldiac.com/ to open a free gold storage account.The gold standard is a monetary system in which a region's common media of exchange are paper notes that are normally freely convertible into pre-set, fixed quantities of gold. The gold standard is not currently used by any government, having been replaced completely by fiat currency, and private currencies backed by gold are rare.Gold standards should not be confused with their historical predecessor, "gold-coin standards", wherein taxes are payable in either gold coins or overvalued, government-minted and less expensive coins.[citation needed]The main purpose of either government money system has historically been to provide seigniorage, or money-creation profit, to governmental leaders in order to provide them with general purchasing power during emergencies, especially those leaders who are legislatively constrained and therefore unable to raise taxes in order to execute the defense commitments that are required for the survival of their states.Go to http://www.goldiac.com/ '>http://www.goldiac.com/ to open a free gold storage account.Gold standards replaced gold-coin standards in the 17th-19th centuries in the West as the extent of defensive warfare expanded to where the gold-coin standards were no longer sufficient to the task. A similar history generated a gold standard in China from the 9th through the early 17th century. As gold standards have created deflationary periods they have been abandoned, as by President Roosevelt during the Great Depression.RON PAULRonald Ernest Paul (born August 20, 1935) is a Republican United States Congressman, physician, and bestselling author from Lake Jackson, Texas. He is regularly featured on CNN and other US News outlets, and has a large base of supporters often called the "Ron Paul Revolution." He is also the founder of the Campaign for Liberty.Originally from the Green Tree suburb of Pittsburgh, Pennsylvania, he graduated from Gettysburg College in 1957, then studied at Duke University School of Medicine; after his 1961 graduation and a residency in obstetrics and gynecology, he became a U.S. Air Force flight surgeon, serving outside the Vietnam War zone. He represented Texas districts in the U.S. House of Representatives (19761977, 19791985, and 1997present). and entered the 1988 presidential election, running as the Libertarian nominee while remaining a registered Republican. He placed a distant third. He was a candidate in the 2008 Republican presidential primaries, where he was placed fourth, and refused to endorse the candidate chosen by the 2008 Republican National Convention, John McCain.Paul has been described as conservative, Constitutionalist, and libertarian.[2] He advocates a foreign policy of non-intervention, having voted against actions such as the Iraq War Resolution, but in favor of force against terrorists in Afghanistan. He favors withdrawal from the North Atlantic Treaty Organization and the United Nations, citing the dangers of foreign entanglements to national sovereignty. Having pledged never to raise taxes, he has long advocated ending the federal income tax, scaling back government spending, abolishing most federal agencies, and removing military bases and troops from foreign soil; he favors hard money and opposes the Federal Reserve. He also opposes the Patriot Act, the federal War on Drugs, No Child Left Behind, and gun regulation. Paul is strongly pro-life and has introduced bills to negate Roe v. Wade, as he believes the Supreme Court has usurped each state's right to allow, regulate, or ban abortion.[3]His book, The Revolution: A Manifesto, became a bestseller immediately upon release[4] and went on to be #1 on the New York Times nonfiction best sellers list.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: goldiac

Length: 10:59
Rating: 4.86
Views: 3184

Video Comments

y2knoproblem (November 30, 1999 at 12:00 am)

Since we are a consumer economy, not a manufacturing economy, it would be more beneficial to raise interest rates, encourage savings and a strong dollar. Unfortunately Bush did the opposite, that is why we are screwed.

joneselius (November 30, 1999 at 12:00 am)

Welcome to where I am.I am in that exact position. I can't be bothered to tell people what's coming any more (most of my predictions have happened).They laugh and then go shopping ^_^.Screw them, if they don't listen it's their own fault. Some people will listen, some don't. I wouldn't say give up, just speak in a language they understand.Not many people know what a 'dividend is, or even a bond yield. I make it simple and easy, that way most everyone listens. But they don't CARE :(