The latest GOP presidential debate pivoted squarely into economic issues, and the eight top candidates seized on the occasion to outline some of their stark divisions on big topics such as the minimum wage and their common opposition to President Obama’s regulatory power grab.
But while it was a great contrast to the third debate in which hostile questioning from the leftist commentators at CNN stole the show from Republicans’ responses, all the talk about the economy in the Tuesday-night debate telecast from Milwaukee only amounted to rearranging the deck chairs on the Titanic.
This economy, and the global economy around it, are going down fast. And there’s nothing that a President Marco Rubio, or even a President Donald Trump, and not even a professing believer in President Dr. Ben Carson – and especially not a President Hillary Clinton – can do about it.
Whether it’s a flat-tax system, a wall built along our southern border to keep out illegal immigrants, a repeal of the Dodd-Frank Act restructuring of our crumbling banking system, or anything else – nothing that these candidates are proposing or could do as president will reverse the financial collapse of the United States of America.
And the biggest reason is that our economic system now is built on debt money, not God’s Money, which is what we call the gold and silver that He ordained from the beginning should be used as our currencies. Each investor should be making sure his or her household assets are mostly in gold and silver coins, and this is our specialty.
After the great financial collapse of 2008, seven years of only sluggish U.S. economic recovery from the Great Recession, one round of “quantitative easing” after another by the Fed, and Obama’s running up of our federal budget deficit by many trillions of dollars, the economy is a house of cards just awaiting the next big puff of wind.
Oh, sure, there are a few things that a new president of the United States could do to attempt to push back the inevitable – but these truly significant steps were barely alluded to in this week’s debate.
The biggest of them, for instance, would be returning the United States to the gold standard that we abandoned in 1933, and which we officially buried in 1971 when we severed the link between the dollar and gold. It’s one of the few ways to walk back our economy from the precipice, because if dollars must be backed by gold, the U.S. government can’t just go on printing more of them, and returning to the gold standard would quickly begin reversing our decades of deficits.
But only Ted Cruz, the Christian and U.S. Senator from Texas, was brave enough even to utter the term “gold standard” in this week’s debate, and no other candidate picked up on it.
So don’t put your faith in any of the men and women who are running for president in 2016. While arguably each of them – right down to Clinton – would be better in the Oval Office for America than its current occupant, they’re only really vying for the captain’s job on the Titanic.