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DB Briefs: Stansberry Wants a Gold Standard / Co-Chair Calls for a 9/11 Do-Over / Change Ourselves to Change Gov?
By Staff News & Analysis - September 14, 2011
Porter Stansberry Wants a Gold Standard … Porter Stansberry: "Enough Already, Let's Return to the Gold Standard!" ... The money supply increases naturally by exactly the amount of increases in productivity in a healthy economy, notes Stansberry & Associates Investment Research Founder Porter Stansberry. He doesn't have to point out that the economy isn't healthy, nor that the money supply expands every time the printing presses run to bail out a failing business and bring on a new iteration of quantitative easing. The solution is a simple (albeit not necessarily easy) one, Porter tells us in this exclusive Gold Report interview: Return to the gold standard. That will happen, he says, when the people say, "Enough!". – Gold Report via RightSideNews
Co-Chair Calls for a 9/11 Do-Over … Co-Chair of the Congressional Inquiry Into 9/11 – and Former Head of the Senate Intelligence Committee – Calls for a New 9/11 Investigation ... The Co-Chair of the Congressional Inquiry into 9/11 and former Head of the Senate Intelligence Committee, Bob Graham, previously stated that an FBI informant had hosted and rented a room to two hijackers in 2000 and that, when the Inquiry sought to interview the informant, the FBI refused outright, and then hid him in an unknown location, and that a high-level FBI official stated these blocking maneuvers were undertaken under orders from the White House (confirmed here). Today, Graham called for a new 9/11 investigation. – Washington's Blog Sept 13, 2011
Change Ourselves to Change Gov? … The fault lies not within our GOP leaders but within ourselves ... Like most Americans, I think highly of few politicians, particularly those who aspire to be president. With few exceptions, they are willing to say and do whatever seems necessary to win over partisan voters and, if they are fortunate enough to be nominated, to attract that vital and ideologically promiscuous group known as "independents" as well. – Michele Bachmann, Washington Post
Porter Stansberry Wants a Gold Standard
Porter Stansberry: "Enough Already, Let's Return to the Gold Standard!" ... The money supply increases naturally by exactly the amount of increases in productivity in a healthy economy, notes Stansberry & Associates Investment Research Founder Porter Stansberry. He doesn't have to point out that the economy isn't healthy, nor that the money supply expands every time the printing presses run to bail out a failing business and bring on a new iteration of quantitative easing. The solution is a simple (albeit not necessarily easy) one, Porter tells us in this exclusive Gold Report interview: Return to the gold standard. That will happen, he says, when the people say, "Enough!" – Gold Report via RightSideNews
Dominant Social Theme: What's a gold standard?
Free-Market Analysis: Porter Stansberry is a well known analyst, and we're glad to see him speaking out on this issue. We think in the future there will be more and more voices. Of course, there are plenty of different types of gold standards, too, but it is encouraging to see calls for ANY kind of gold standard, as fiat money delinked from an underlying commodity is a dangerous and even disastrous currency evolution. The kind of gold standard WE favor is one that evolves spontaneously, probably after economic chaos. In this sort of evolution, people simply begin to use gold (and silver) again in order to pay their bills and debts.
There are plenty of other kinds of gold standards – including those that are managed by the government. Many suggestions for gold standards actually involve central banks as well. But in a REAL gold standard, gold and silver are not manipulated by larger powers but find their value based on market demand. What is the point of having a metals standard, after all, if it merely salvages the status quo? We know this is likely not a practical fix for our current money woes, but it is nonetheless (theoretically anyway) a preferable one.
Co-Chair Calls for a 9/11 Do-Over
Co-Chair of the Congressional Inquiry Into 9/11 – and Former Head of the Senate Intelligence Committee – Calls for a New 9/11 Investigation ... The Co-Chair of the Congressional Inquiry into 9/11 and former Head of the Senate Intelligence Committee, Bob Graham, previously stated that an FBI informant had hosted and rented a room to two hijackers in 2000 and that, when the Inquiry sought to interview the informant, the FBI refused outright, and then hid him in an unknown location, and that a high-level FBI official stated these blocking maneuvers were undertaken under orders from the White House (confirmed here). Today, Graham called for a new 9/11 investigation. – Washington's Blog Sept 13, 2011
Dominant Social Theme: Too many things are fishy. It's only been ten years. Let's reopen this mess.
Free-Market Analysis: Ten years later, we hear Bob Graham asking for a new investigation into 9/11. This tells us two things. One, the powers-that-be have not been able to put to rest the surging fury of the alternative media surrounding the issue. Two, the people in Washington DC responsible for the current official story cannot shed their responsibility fast enough.
There was considerable puzzlement, for instance, when Rutger's Dean John Farmer wrote and published his book in 2009 entitled The Ground Truth: The Untold Story of America Under Attack on 9/11. The book, as a Rutger's review delicately puts it, "shows a disturbing disconnect between what those in charge of the country's security knew and what was actually happening on the ground and in the skies."
Of course, Dean Farmer was one of the principal authors of the 9/11 Commission Report. "The Commission, believ[ed] that civilian and military officials had not been completely forthright in their information to Congress, the media, and the Commission itself about significant aspects of 9/11." In other words, we learn from Dean Farmer, that many the Commission interviewed lied about 9/11 and their various roles in it.
Farmer, we decided a while ago, wrote the book not out of any sense of concern over 9/11 but because the controversy over the Commission's conclusions had not died down. These are clever men. If they are practicing limited hangouts now, it is because they have concluded the coverup is unraveling and sooner or later they will be called to account.
Whatever happened on 9/11 has not yet been fully explained; but one only had to scan the Internet to see a deluge of articles that went far beyond the official, scripted story. The pressure to re-examine what occurred continues to build because the official story is riddled with obvious errors. Based on Graham's statement and others, we would think sooner or later some sort of formal re-evaluation may be considered. If it doesn't take place in Washington, perhaps it will take place elsewhere.
Change Ourselves to Change Gov?
The fault lies not within our GOP leaders but within ourselves ... Like most Americans, I think highly of few politicians, particularly those who aspire to be president. With few exceptions, they are willing to say and do whatever seems necessary to win over partisan voters and, if they are fortunate enough to be nominated, to attract that vital and ideologically promiscuous group known as "independents" as well. – Michele Bachmann, Washington Post
Dominant Social Theme: If you are upset over what is going on in the US, look in the mirror.
Free-Market Analysis: The issue of who is responsible for the degradation of the US continues to be a controversial one. On the one side are those who believe in a kind of implacable conspiracy, or at least in the destructive inefficiency of powerful men and institutions. On the other side are those who believe that democracy is fungible and that if people would take human action and accept personal responsibility to make things right, then many of the problems that bedevil Western societies would fade away.
It seems to us entirely feasible that a small group of impossible wealthy banking families (that control central banking around the world) are participating in what might be called "directed history" – creating wars and economic crises that inevitably move the world closer to global governance. But the counter-argument is that whether or not such a conspiracy exists, people need to take control of their own lives and of the society in which they find themselves.
At some point, we would tend to agree that people DO need to assert more control over their lives and the way that they and others are living. Unfortunately, we note that most people only tend to act in dramatic ways when they have no other options. It would be preferable if people would anticipate the end-game they apparently face and try to make pro-active adjustments.
On the other hand, the system itself is formidable and seems, sometimes, impervious to change. It is not, though. In fact, we would argue that sooner or later, a crisis will occur – a big one. When changes come, we hope they will be positive and result in freedom and more human action, not less.