Mitt Romney on RomneyCare vs. ObamaCare

Socialism is socialism no matter if it’s on a federal level or a state level. No matter how he spins it, the government takes individual liberty and uses the threat of a gun to impose its will upon the slaves…I mean people.

Mitt Romney is such a lair. How can any liberty loving citizen vote for this Marxist?



Has the Tea Party’s fire of 2010 become the simmer of 2012? How can they support Romney?

It seems the fire the Tea Party created in 2010 is down to a simmer in 2012. I do not understand how so many self-proclaimed leaders in the Tea Party movement are banking on a progressive named Mitt Romney. I think many involved in this grass roots movement have allowed two things to skew their views: 1.)They want Obama out of office, and 2.) They want lower taxes. These two things have allowed them to accept a liberal in conservative clothing as their hope for change. I find it interesting how so many are unwilling to call out Romney based on his voting record and speak very bluntly based on these facts. It’s going to be sickening to listen to people like Sean Hannity and Rush Limbaugh (assuming he will endorse Romney) make excuses for Romney under that flag of “anybody but Obama.” These people are willing to risk losing the war in order to win a battle. They are willing to replace one Marxist with another Marxist and then proclaim victory!

The real battle ground is the House and Senate. It does not matter who the president is if we control a majority of the Senate and House.

I guess the Tea Party on a national level is dead in the water. If they are willing to accept a progressive big government liberal like Mitt Romney all because they want to defeat Obama, then they might as well shut up about small government, more freedoms, repealing Obamacare (to replace it with state mandated Romneycare?) and lower taxes.

I say this because their actions – or shall I say their lack of actions – speak louder than their words. Now, I fully understand that this blog DOES NOT APPLY to all those who proclaim the label Tea Party. Those true patriots in this movement will continue to fight for liberty, but they must understand it’s time to purge out those who are Tea Party in name only. The point I am trying to make in this blog is that we are in for a very hard fight. We cannot accept and support weasels like Romney and expect them to do what is right.

See also: Romneycare and Obamacare Differ Only in Inconsequential Ways

Silver Certificate $5.00 Dollar Bill

Let’s dispel some confusion as to how the gold standard works in practice.  Some still believe that it involves carrying around purses full of gold coins.  That’s a funny misconception.

When my father, born in 1910, was a young man the circulating currency said “gold certificate.”  he could walk into any bank with a $20 bill, tender that, and walk out with a $20 gold coin weighing just about an ounce.  That’s a gold dollar.  it was very rare that people would prefer a gold dollar to a gold certificate.  A gold dollar was heavy and inconvenient.  That said, your right to demand a gold dollar for your money kept the money honest, as good as gold.

There was a saying back then, “an honest day’s pay for an honest day’s work.”  And it was nicely reinforced by honest money:  the gold dollar.

When I, born in 1952, was a young man the dollar bill said “silver certificate.”  on occasions such as birthdays I might be given a handful of silver dollars rather than dollar bills.  A silver dollar was just more impressive than a paper one. Circulating change such as dimes and quarters also were made of silver.  there was something hefty and impressive about silver dollars, some of which, the Peace Dollar, had an Art Deco Lady Liberty, some, older ones – having remained in circulation since the late 19th century—had a more matronly figure of Liberty.

The dollar then – exchangeable into a silver dollar—had a lot of buying power.  Penny candy cost…a penny.   A comic book cost a dime or twelve cents.  now comics cost $3!  while it didn’t have the value of a gold dollar of my father’s era you could feel the heft and dignity of it.  Like my father before me I didn’t cart around coins to make purchases.  but if I wished to I could.   People’s ability to exchange currency for silver helped to keep the money honest.

My own children have to make do with “Federal Reserve Notes.”  Savant James Grant wittily has dubbed this, “faith-based money,” backed, as it is, only by “the full faith and credit of the United States.”  There’s  another way to think about it.  My children can take a dollar bill into any bank and receive, in return, four quarters.  These quarters are made mostly from copper alloyed with nickel, base metals.

So a progression, or more aptly, a regression can be noted:  from the gold dollar, to the silver dollar, to the base metal dollar.  Metaphorically it is almost a kind of reverse alchemy.  This represents a debasement of the standard.  the value of the dollar has eroded by some 95% from the day my father was born until today.   for the most part it has been a slow process of erosion rather than a dramatic event.  That said, history records that the gold dollar held its value – over centuries—and under the gold dollar.  History records that with the gold dollar the economy grew, on balance, more steadily and robustly than it has since the last remnants of the gold standard were repudiated on August 15, 1971.

The gold standard, the gold dollar, were not perfect.  no human institution can be perfect.  And yet, the evidence is abundant that the economy and society under the gold dollar, honest money, thrived in ways that those who have lived only under the “Base Metal Standard” hardly may imagine.   there are good reasons to believe that the gold dollar is the least imperfect of all monetary standards that have been tried.

This article was originally published at the Gold Standard now.(source: Silver Certificate Dollar Bill | What is a Gold Dollar? » Gold Standard 2012 | (7/30/2011)