Rand Paul: Many in the GOP would have made the middle east worse than Obama has

[bobloblaw]

And this is precisely why the GOP has lost its Foreign Policy popular edge it enjoyed from 1968-2003.

Polls show the public doesnt trust Iran to abide by any agreement and that Iran will cheat. But they still support the Iran deal. 60% support the Iran deal and 60% think Iran will cheat.

The GOP has not paid penance for the Iraq War. Virtually no one on the right and no one in the GOP has said the war was wrong.

The GOP hasnt repudiated the Bush years and will remain unelectable for the WH until they do.

This is why nominating Jebbie is so absurd and why so many here who think Jeb is the best candidate are so wrong.

[bobloblaw]

If I had to pick a GOPer to win next year it'd definitely be Rand. He has kept the redeeming inclinations of his dad while jettisoning the most dangerous elements (the gold standard, racist newsletters, etc.)

We had the gold standard for nearly 200 years. Liberals dislike it because the gold standard limits inflation which makes debt more burdensome and makes Keynesian Economics impossible to implement.

Fiat money is what is dangerous to the middle class.

[bobloblaw]

I might agree with him on some foreign policy matters more than Ted Cruz.  But, that fact that he's flip-flopped, pandered to nuts, been a frequent guest on Alex Jones and grandstanded on non-issues like drones and Benghazi, it makes him untrustworthy.  

If you went nuts with Benghazi conspiracy theories, you have no integrity or judgment in my opinion.  That's what it comes down to.  Foreign policy is very complicated and tricky, I want someone with good judgment, good character and a deep understanding of the issues.  Rand Paul is a clown so I can't trust him.  

If I had to pick a GOPer to win next year it'd definitely be Rand. He has kept the redeeming inclinations of his dad while jettisoning the most dangerous elements (the gold standard, racist newsletters, etc.)

We had the gold standard for nearly 200 years. Liberals dislike it because the gold standard limits inflation which makes debt more burdensome and makes Keynesian Economics impossible to implement.

Fiat money is what is dangerous to the middle class.

You couldn't be more wrong dude!  We didn't have the gold standard for 200 years, what on earth are you talking about!?  Gold standards don't limit inflation necessarily.  If we actually had the gold standard in the 1840s and 1850s, we would have had insane inflation because of the gold rush.  The gold standard is just a terrible, arbitrary way to run your monetary policy and impossible in the present day.  There's no reason to even consider it because it's demonstrably bad.

We DID have the gold standard in the 1840s and 1850s, and there WAS inflation. The price of silver went up for like 50 years, which prevented total collapse of the system.

Prior to Fiat money, inflation was due mostly to wars. The 1840s and 50s didnt have inflation, the 1860s did. The entire 19th century had slow deflation due to increasing productivity and innovation.

http://www.westegg.com/inflation/infl.cgi

[bobloblaw]

I might agree with him on some foreign policy matters more than Ted Cruz.  But, that fact that he's flip-flopped, pandered to nuts, been a frequent guest on Alex Jones and grandstanded on non-issues like drones and Benghazi, it makes him untrustworthy.  

If you went nuts with Benghazi conspiracy theories, you have no integrity or judgment in my opinion.  That's what it comes down to.  Foreign policy is very complicated and tricky, I want someone with good judgment, good character and a deep understanding of the issues.  Rand Paul is a clown so I can't trust him.  

If I had to pick a GOPer to win next year it'd definitely be Rand. He has kept the redeeming inclinations of his dad while jettisoning the most dangerous elements (the gold standard, racist newsletters, etc.)

We had the gold standard for nearly 200 years. Liberals dislike it because the gold standard limits inflation which makes debt more burdensome and makes Keynesian Economics impossible to implement.

Fiat money is what is dangerous to the middle class.

You couldn't be more wrong dude!  We didn't have the gold standard for 200 years, what on earth are you talking about!?  Gold standards don't limit inflation necessarily.  If we actually had the gold standard in the 1840s and 1850s, we would have had insane inflation because of the gold rush.  The gold standard is just a terrible, arbitrary way to run your monetary policy and impossible in the present day.  There's no reason to even consider it because it's demonstrably bad.

We DID have the gold standard in the 1840s and 1850s, and there WAS inflation. The price of silver went up for like 50 years, which prevented total collapse of the system.

No.  

The US basically had a silver standard from the founding to the 1830s.  We had fiat money from the Civil War to the 1870s when he adopted a Gold standard.  We left the gold standard in 1933 after it helped destroy our economy.  

I should have phrased by point about the Gold rush differently, yes.  It did inflate our currency and it's an example of how the gold standard is nonsense.  

I meant to say we had a mixed system,the Spanish Milled Dollar and the Gold, and the Greenbacks were repayable in Gold. Look it up. I actually agreed with you more than Bobobolow, but I just wanted to correct the point about the Gold Rush.

Gold was convertible to dollars and vice versa for private citizens up to 1933. US dollars were convertible to gold for US trading partners until 1971. Going off the second gold standard in 1971 is one of the main causes of the 1970s inflation.

Inflation allows governments to spend more than they have because inflation reduces the burden of debt.