In the Realm of the Dying Dollar

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  • Posted By: jacastillo @ 11/25/2007 3:01:20 AM

    PS: Ron Paul doesn't just say he is going to change things. His record shows he WILL fix the problem. On Nov. 8th, 2007 Ron Paul was interviewed by CNBC and you will see that his campaign is the only one addressing the problems! Please take a few minutes to understand what Ron Paul stands for. If you don't like it, them that is fair. Take care! Here is the video from CNBC! http://youtube.com/watch?v=Mx2eWcBOE3o

  • Posted By: jacastillo @ 11/25/2007 2:54:09 AM

    WTF? Has this guy watched the debates? Where do you think Ron Paul is getting the support? From those who understand that the dollar has collapsed! What Mr. Hirsch means is that his pick for president is not talking about the currency. Here is Ron Paul at the CNBC debate. If you know Ron Paul because of the "media" take the time to listen to Ron Paul explain his positions. You will hear the others laughing at him, I guess they don't understand economy! http://youtube.com/watch?v=TgNLFtYoPAo

  • Posted By: ImaPoster @ 11/25/2007 1:48:48 AM

    We are seeing the beginning of a long-overdue chastisement. We will be paying for the sinfulness of our nation, particularly as it concerns greed, materialism, and abortion.

    But, sadly, the vast majority of Americans are either too secular to believe in such things or too obsessed with lust, entertainment, and money to even notice.

  • Posted By: Mr. Oktub @ 11/25/2007 12:18:21 AM

    Ron Paul is the only candidate who has addressed this issue. He calls for returning to Constitutional government, reducing government to its aConstitutionally authorized functions, changing our belligerent foreign policy of undeclared wars around the globe, and returning to honest money - gold and silver, as the Constitution specifies.

  • Posted By: cmcook41 @ 11/24/2007 10:47:25 PM

    Look around folks. Ron Paul has been discussing these issues for years. He is also the only candidate that has a means out of the dilemma. Hasn't anyone in the press been listiening?

  • Posted By: cmcook41 @ 11/24/2007 10:44:56 PM

    Look around folks. Ron Paul has been discussing these issues for years. Can't anyone in the press hear him or do they choose not to tlisten.

  • Posted By: fixerhouseguy @ 11/24/2007 10:43:43 PM

    ronpaul2008.com and you'll find your candidate concerned with the tanking dollar.

  • Posted By: thekeeper @ 11/24/2007 12:44:58 AM

    Ron Paul has been campaigning on the "Weak Dollar" all along. His non-interventionist stance also supports the concerns of this article.

    • Posted By: mceltix2000 @ 11/24/2007 11:08:56 AM

      ron paul will NEVER be elected president. Get over it.

      • Posted By: SteveDasbach @ 11/24/2007 9:02:58 PM

        Yeah - just keep telling yourself when Congressman Paul raises more money than any other candidate 4th quarter, places in Iowa, wins New Hampshire, wins Nevada ....

  • Posted By: Timothius Rex @ 11/24/2007 8:15:03 PM

    It's true that Bush is not like Hoover, who couldn't of stopped the train wreck of the Great Depression even if his politics were at the left of Roosevelt's. Bush's presidency however, bears alarming similarities Hardings and his administration's rampant corruption and cronyism. This added to an overblown economy with a stock market based in fantasy is quite likely the real cause of the depression.

  • Posted By: Braes @ 11/23/2007 5:28:06 PM

    Every supertanker of Oil or Container ship of good shipped to us speeds the decline and deepens the debtor status. Until we replace the energy model and employ Americans, as opposed to management of by and for the shareholder, and a quarterly income, we will collapse. We must reset our priorities. China has gamed their currency. Bush has offended the Russians because He and good old Dick Cheney don't have a cut in Russian oil. We want to stick missiles into their neighborhood they consider a threat.
    I doubt it is possible to find a greater disconnect with what is best from America than this administration.

  • Posted By: andy_f90 @ 11/23/2007 9:53:42 PM

    Michael Hirsch is being dishonest in saying why are Presidential candidates ignoring the "Weak Dollar." No other candidate has spoken as much or as eloquently about the state of our weak, fiat dollar than Dr. Ron Paul. And it makes me sick to the bone when media pundits first castigate and dub candidate as "radical, fringe, and long-shot," only to bark about their ideas when its a little too late. This is why big media shouldn't be telling us who is fringe and mainstream. Let the people see their ideas, while you do your job and report it...while the American people decide what's "loony" and what's mainstream. Seems to me, Hirsch should have listened to Paul a little earlier, no?

    • Posted By: cmicah6:8 @ 11/24/2007 7:25:35 PM

      Hirsch didn't mention Ron Paul because he doesn't stand a chance to win. I agree with you, though. The media has an agenda. It's not like a concerted conspiracy, I don't think, but the media is owned by major corporations. Their bottom line is profit, not disceminating accurate information. Independent media outlets still do, however. One answer to this would be to publicly finance campaigns and, therefore, even the playing field. As for our falling dollar, our growing national debt, and our chonic defecit spending, I see trouble on the rise." Historically, our situation resembles 1928. I hope I'm wrong.

  • Posted By: wyomingibu @ 11/24/2007 6:37:23 AM

    IT is unfortunate that your hatred for all things American, has clouded your vision. You are obviously one of those elitest educated idiots, that probably has never approached the average hardworking American citizen. It doesn't take a rocket scientist to figure out that, with a low dollar, our products become more affordable all over the world, thus, perhaps creating more decent paying jobs for Americans, besides service industry jobs, that seem to only benefit the wealthy. Look what a low currency rate is doing for China! Also, you underestimate the power of the American people in general. We have a tendency to pick ourselves up, dust ourselves off, and go on with life, overcoming the adversity that faces us. You obviously underestimate the American Work Ethic.. Forget about those books you read and get out among the working class Americans. They may surprise you!

    • Posted By: xhidarta @ 11/24/2007 5:44:07 PM

      Being an elitist has never been a bad thing in my book, or a reason to call somebody an idiot. And I am a working class American. Not unless you are George Bush. Who didn't graduate from Ivy League schools by merit any more than he won elections.
      "...with a low dollar, our products become more affordable all over the world, thus perhaps, creating more decent jobs for Americans...look at what a low currency rate is doing for China!"
      There's a bit of a problem with that...the American industrial base has been effectively holed out.
      Toyota has become numero uno while American car companies are swirling around the drain...what's left is Wall Street (money making as opposed to wealth making) by-pass surgery and Vegas. What products are we gonna sell with the weak dollar, hu? What that rate is doing for China it does it because the rate is a tool of an economic model that has turned it into the factory of the world. We ain't that no more. Go and try find ANY product with the label "Made in the USA". Good luck. We don't even make the IPod for Pete's sake! And Hersheys has announced they're moving the production of the pit marshmallows to China...
      The "American Work Ethic" can do nothing against a system stacked against the creation of real jobs, having another million of burger flippers or waitresses ain't gonna do it as far as maintaining, merely maintaining the standart of living. With pardon to burger flippers and waitresses that bust their butts doing their jobs. But washing each other's laundry doesn't add up to a prosperous economy.
      Having said that, I believe that the biggest factory in the world has been installed in Woyming of all places,
      it's a Kool-Aide factory though.

      • Posted By: cmicah6:8 @ 11/24/2007 7:18:48 PM

        I couldn't have answered this post any better. By the way, isn't Cheney from Wyoming? Oh oh! I suspect a kool-aide conspiracy.

  • Posted By: ronnie38 @ 11/24/2007 8:04:38 AM

    such destructiveness,utter chaotic spending,dragging america to the ground this mr.bush did.has he realised what he had done?well how could he?he's that macho dumb jerk that epitomised the republican way of thinking.i hate you republicans,everytime a republican is in office america goes awry that's the legacy that always be accompanied,i would never ever vote for republican

    • Posted By: cmicah6:8 @ 11/24/2007 7:14:34 PM

      Teddy Roosevelt was a very progressive Republican and went after the monopolies. Dwight Eisenhower was a good Republican. He pushed for our highway system. Imagine our economy without our highways. George Bush and his ilk are only Republican in name, and they definitely are not concervative by any stretch of the imagination.

  • Posted By: TULL @ 11/24/2007 10:21:33 AM

    Newsweek and Stiglitz never mention that a war was declar ed on America on 9/11. To fight a war is more than costly, it is ruinous. We have the examples of WW1 and WW2. This is the reason for the ecomomic troubles, which, surely, are not greater than Europe's. But Newsweek and Stiglitz never utter a word about it. The reason - they are damn leftists. They hate America and want it destroyed.

    • Posted By: cmicah6:8 @ 11/24/2007 7:10:16 PM

      "Newsweek and Stiglitz never mention that a war was declar ed on America on 9/11."

      No one declared war on us. We were attacked by terrorists, a non-state entity. But this administration and the right wing talking heads would have you believe otherwise -- sure, we're at war, so we can justify spending and undermining the Bill of Rights. How many presidents did it take to run up a $9 trillion dollar debt? Bush and his Republican congress have spent more borrowec money than all the 42 previous presidents combined. Who is going to pay for this? When in American history have we cut taxes during a time of war? Never. We have always raised taxes during wartime. And as for the declining value of the dollar, Bush does not have a clue what this means.

  • Posted By: mabry.usa @ 11/24/2007 5:12:29 PM

    With over 700 military installations(http://www.defenselink.mil/news/Jun2003/basestructure2003.pdf) we spend an enormous amount of money to sustain "Pax Americana". Many are blissfully ignorant of the fact that we are over $9 TRILLION dollars in debt (http://www.treasurydirect.gov/govt/govt.htm) with almost $8 trillion of that since Reagan was president. If they are aware of that factoid they are woefully ignorant of what that will mean to their style of living if we do not correct the persistent overspending by BOTH political parties when the music stops and they don't have a chair.

    There is one presidential candidate who is not ignorant of our situation AND is willing to DO something about it. Do you know who HE is?

  • Posted By: Chaotician @ 11/24/2007 4:36:42 PM

    One has to assume that the corporations that have been swilling at the public teat and the weathiest 2% who have stopped paying taxes have long ago hedged their monies into the international markets; it is the remaining few in the so-called middle class that are being flushed into the recession toilet! Long live George, the idiot prince of darkeness, wonder if he can fiddle?!

  • Posted By: vznuri @ 11/24/2007 3:39:54 PM

    why doesnt the american public talk, read, or think about dollar value? because they are mesmerized, hypnotized, narcotized.
    you want to know why the dollar is falling?
    you want the TRUTH?

    you cant HANDLE the TRUTH!!
    wink

    here is the truth, laid out plain and bare more than 5 years ago

    http://econpapers.repec.org/paper/wpawuwpma/0203005.htm

    ron paul has a glimmer of the truth on the subject. learn more here on wikipedia

    http://en.wikipedia.org/wiki/Fractional_reserve_banking#Libertarian_viewpoint

  • Posted By: vznuri @ 11/24/2007 3:38:57 PM

    why doesnt the american public talk, read, or think about dollar value? because they are mesmerized, hypnotized, narcotized.
    you want to know why the dollar is falling?
    you want the TRUTH?

    you cant HANDLE the TRUTH!!
    wink

    here is the truth, laid out plain and bare more than 5 years ago

    http://econpapers.repec.org/paper/wpawuwpma/0203005.htm

    ron paul has a glimmer of the truth on the subject. learn more here on wikipedia

    http://en.wikipedia.org/wiki/Fractional_reserve_banking#Libertarian_viewpoint

  • Posted By: SH in Pa @ 11/24/2007 1:55:52 PM

    There is alot of insanity in the world. We are playing Russian Roulette by saying the Persian Gulf, Chinese's, Russians, won't cash in our dollars. What I find ironic is the Republicans and conservative's still belive in smaller government, no regulation on the economy. All the potiential Republican canidate's are still preching the same voodoo ecomonic's of the Reagan years. Some think if Iraq didn't happen, the economy wouldn't be the way it is now. Although, they are going in the direction of point at Bush. None have the courage to blame the current administration. or say that this war is wrong. Even without the war, the lower the taxes, selling off the government, no real ecomonic policy or regulation but the "free hand" of greed, and the stock market would have led us where we are today.

  • Posted By: mpower @ 11/24/2007 1:32:16 PM

    Ron Paul has been beating the drum on monetary policy and the dollar for years. Get off the MSM teet and join real Americans... support the one candidate that believes that the constitution, not the Wall St./corporate lobby, is the law of the land.

    Honestly, when the author here (and so many other MSM drones) find the time to criticize the Fed and monetary policy during a presidential campaign season and can't recognize Ron Paul as the one candidate that actually understands this issue... well, it diminishes the credibility of the author. It's hard to dismiss Paul as a crank when he predicted - and fought - the very crisis the author describes here. Where's Billary's economic/dollar policy? Exactly...

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