- May 20, 2009
- 144,329
- 66,691
- 2,330
Destroying the US dollar is & has been the only goal of Republicans. The US Dollar is Government bonds that's value is based on the full faith & credit of the US Government.
100% of Republican law makers signed Norquist no tax pledge to "shrink government and drown it in a bathtub". They never signed a pledge to shrink spending, they actually increase spending to explode debt to destroy government credit & US Dollar! Then they undermined our faith in the voting system & attacked the US Capitol to finish the job.
Republicans are the money printers, deficit inflation exploding & big spenders!
Democrats pay for spending with taxes & spending cuts that prevents deficits & inflation.
Republican president Nixon took the US Dollar off the Gold Standard because Republicans #1 Goal is to Print, Print, Print & Spend, Spend, Spend!!!
Treasury Secretary Paul O’Neill tried to warn Republican Vice President Dick Cheney that his plan to explode budget deficits posed a threat to the economy. Cheney cut him off. “You know, Paul, Reagan proved deficits don’t matter,”...“We won the midterms. This is our due.” A month later, Cheney told the Treasury secretary he was fired.
Note how under Trump, Gold soared over $2,065 & Biden has it falling to $1,615 as he restores faith in the US Dollar.