.
Drafts of the party platform, which it will adopt at a convention in Tampa Bay, Florida, next week, call for an audit of Federal Reserve monetary policy and a commission to look at restoring the link between the dollar and gold.
The
move shows how five years of easy monetary policy — and the efforts of
congressman Ron Paul — have made the once-fringe idea of returning to
gold-as-money a legitimate part of Republican debate.
Marsha
Blackburn, a Republican congresswoman from Tennessee and co-chair of
the platform committee, said the issues were not adopted merely to
placate Paul and the delegates that he picked up during his campaign for
the party’s nomination.
“These
were adopted because they are things that Republicans agree on,”
Blackburn told the Financial Times. “The House recently passed a bill on
this, and this is something that we think needs to be done.”
.
Might I add, well no DUH!!! IF we go back to a set price for Gold, it would keep OUR economy from floating and being attacked by guys like Soros or countries like China. The question is, what price will they choose FOR the price of Gold? And, if we go on the Gold Standard, will they allow average 'mericans to own Gold?
Whatever they choose, it'll be better for the strength of the dollar to be tied to a set price for Gold.
.
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Scteveo
4 comments:
In order to go back to a gold standard, don't we have to actually have gold? I know i'm ok, since i still have my granddad's 18ct. pocket watch and chain. But what about the country's gold?
http://news.goldseek.com/GoldSeek/1248373722.php
If nothing else, this will force someone to open the vault at Fort Knox.
Don't hold your breath. Even the POTUS can't do that.
Spider,
uh huh, and THAT'S the problem. I asked my Senators and representative about that AND all I got was a runaround. I've looked into it and I can't FIND who controls that gold, my gold, your gold AT Ft Knox. So who CAN look at the gold?
Evidently no one knows.
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