Saturday, June 24, 2006

Libertarian economic flaw...

According to http:///www.lp.org/ on their National Platform link underneath Economics, I read this:

"All restrictions upon the private minting of coins must be abolished, so that minting will be open to the competition of the free market."

Ok, do you people see the flaw in that? If the establishment and minting of currency is privatized and no longer under government regulation you might aswell just say counterfeiting is legalized. One industry could flood the market with trillions of faux coins and not one person could do a damn thing about it.

Now I agree with the strict Laissez-faire platform of our party, however I do not so whole heartedly agree that currency production should be made into a "competition" and anyone who believes it should be is not only naive but profoundly retarded. I guess there is no "perfect" stance for a party and for every good idea there has to be atleast three bad ones right? But seriously whoever thought that should be a good idea needs to be slapped in the face...

The things I do AGREE with:

Solutions: To ensure the economic freedom and enhance the economic well-being of Americans, we would implement the following policies:

a. Dramatic reductions in both taxes and government spending;

b. An end to deficit budgets;

c. A halt to inflationary monetary policies;

d. The elimination of all government impediments to free trade; and

e. The repeal of all controls on wages, prices, rents, profits, production and interest rates.

But then they gotta slip that currency thing in there to fuck the party stance up...

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