Quote:The gold standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy.http://www.cnbc.com/id/48770752
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.
Quote:Romney Reiterates He Would Replace Bernankehttp://blogs.wsj.com/washwire/2012/08/23...-bernanke/
Mitt Romney said Thursday that he would replace Federal Reserve Chairman Ben Bernanke, dismissing the advice of a top adviser who suggested this week that the chairman should be considered for a third term.
The presumptive Republican nominee told the Fox Business Network that as president, he would want to install someone new in the Federal Reserve post. Mr. Bernanke’s term ends in January 2014.
On Tuesday, Glenn Hubbard, a top economic adviser to Mr. Romney, told Reuters TV that Mr. Bernanke should “get every consideration” to stay on at the Federal Reserve, calling the chairman a “model technocrat” and saying that he deserves a pat on the back.
This here combo makes for some
common sense good news fer
I figure Glenn Hubbard got his words
all twisted, that “model technocrat”
deserves a pink slip rather than a pat
on his back.
While all this here sounds like a possum
in every pot, I can't help but recall all
that there hope and change that was
spread around like butter on a biscuit
four years ago.
I'm keepin' my fingers crossed, Romney
has my vote for bein' open enough to
take some advice from Dr. Paul.