Reclaim The Constitution

Mike Smith / Ether Zone:
Face it friends, Ronald Reagan is dead. The "Reagan Revolution" was not really a revolution, per se, but merely a realignment of some members of the political class. And it was a reaction to the financial calamity that preceded Reagan's 1980 presidential victory. While few believe what I am about to write, the fact is that the late 1970s so-called "Carter-caused" financial calamity was less about President Carter than the fact that the dollar* having recently been finally- and completely- severed from real money, that is gold, went into free-fall as it sought its new, unsupported level. No longer backed by gold, the dollar became merely a green piece of paper with pictures of some great Americans (and some not so great Americans). The only reason that it retained any value is because Americans were/are compelled (under threat of incarceration) to pay taxes with dollars.

Posted by Editor at March 6, 2008 03:09 AM