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President Obama likely to return Monetary Policy to the Gold Standard

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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 05:39 PM
Original message
President Obama likely to return Monetary Policy to the Gold Standard
The right's favorite tactic is to campaign by fear of association.

It is particularly effective against liberals. Liberals like to associate. We associate with all kinds of people. We even like to associate with fruitcakes. Hell we like to be fruitcakes from time to time.

It is particularly effective against liberals for two reasons;

1) We will associate and encounter and communicate with all kinds of people, and

2) We will not accuse the Republicans of the same - hell we would like to have them get out and meet some more people. We don't even mind if they are meeting people in bathroom stalls, we just would like them to stop lying about it.


We don't condemn people by association but we do love to roast our own by pedigree.

If at the beginning of your professional service you worked for a Democratic Administration you are responsible for all of its failures and none of its successes.

If you worked for Clinton you were responsible for NAFTA and had nothing to do with a budget surplus, sorry.

If you were the brightest star in your department and everyone you worked with considered you a bright prospect for future administrations your record will have been already set in stone by some.

Now if your opinions have actually evolved that will also be held against you.

Basically we love to eat our own.

We prefer to say the most negative things about our own people because we want to beat the Republicans to it.

If you have actually impressed somebody in the other party and they actually have something nice to say about you we will have an acronym or two. DINO is the preferred but if you actually want to have strong American corporations that are profitable and reflect Democratic values then you will be a DLC for life.


This is how we condemn people by their associations. If you worked for another Democratic Administration and that Administration was not perfect then you will be condemned. We will condemn you for your associations, you assoicated with us. How dare you work for the Democratic Party and then expect us not to remember that you worked for those low lifes.

We will never forget.


President-Elect Obama has already appointed many many hundreds, or atleast a couple of people from the Clinton Administration.

President Clinton's Secretary of State Warren Christopher worked not only for theCarter but the Johnson Administration.

All of Johnson's Administration, in the beginning, were Kennedy appointments.

Kennedy had the audacity to appoint Arthur Goldberg as Secretary of Labor and Supreme Court Justice even though he worked for the Roosevelt Administration.

Roosevelt's Secretary of the Treasure Morgenthau worked for Wilson .

Wilson's Secretary of the Navy Josephus Daniels served in the second Cleveland Administration.

Cleveland's great contribution to American Politics was his strenuous defense of the Gold Standard which has permeated through the appointment chain to Obama. Expect Obama to return to the Gold Standard.


Or, alternatively we could let Obama appoint his entire cabinet and judge the administration as a whole and by the actions that they actually take during the time that Obama is in power - which hasn't even started yet.


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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 05:41 PM
Response to Original message
1. KNR!
I am not afraid.

And, I am capable of separating individuals from the actions of one President. I don't think that every Clinton hire signed in blood and sold their soul the the DLC.
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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 11:02 PM
Response to Reply #1
11. tks
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 05:42 PM
Response to Original message
2. I wanted someone to point out that a key McCain economic advisor actually DOES favor gold standard
Jack Kemp was one of McCains top economic party chairs, IIRC
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 05:43 PM
Response to Reply #2
3. I never could figure Kemp out. nt
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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 05:48 PM
Response to Reply #3
4. Well he was an oxymoron - a Republican who had African American friends.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 05:53 PM
Response to Reply #4
5. His inner city rebuilding ideas were good
as far as I could tell. If the post about switching back to the gold standard is true, then its clear he beats to his own drum.
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 05:56 PM
Response to Reply #4
6. He associated with OJ Simpson. For YEARS!!!1!!
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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 06:30 PM
Response to Reply #6
9. on cold days he would wear gloves too
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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 07:37 PM
Response to Reply #2
10. with Kemp you got good, bad and batshit crazy
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WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 06:02 PM
Response to Original message
7. Yes, LBJ's secretary of state, Dean Rusk served the entire eight years of the JFK-LBJ years
and served in Truman WH, and Robert McNamara stayed was a JFK appointee who never was involved in government prior, but probably was the main architect of the Vietnam policy that LBJ inherited.
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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 06:12 PM
Response to Reply #7
8. and none of them served in previous administrations

It was interesting that McNamara put together a mathematical formula for selecting targets in WWII and then marketed that team to private enterprise where the entire team was bought by Ford where McNamara eventually became Company President.

Halberstram's treatment of McNamara in the Best and the Brightest was very complex. I remember reading it and rereading it 35 years ago and recall McNamara clandestinely going to dealerships and sitting outside so that he could come up with mathematical formulas that would provide ratios on visit to buys and how long people stayed inside, etc.

A great talent whose hubris destroyed himself and millions of others, a very tragic story.
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