Trump Advisor: Gold Backed Bonds

I would be presumptuous, indeed, to present myself against the distinguished gentlemen to whom you have listened if this were a mere measuring of abilities; but this is not a contest between persons. The humblest citizen in all the land, when clad in the armor of a righteous cause, is stronger than all the hosts of error. I come to speak to you in defense of a cause as holy as the cause of liberty-the cause of humanity.

When this debate is concluded, a motion will be made to lay upon the table the resolution offered in commendation of the Administration, and also, the resolution offered in condemnation of the Administration. We object to bringing this question down to the level of persons. The individual is but an atom; he is born, he acts, he dies; but principles are eternal; and this has been a contest over a principle.

Never before in the history of this country has there been witnessed such a contest as that through which we have just passed. Never before in the history of American politics has a great issue been fought out as this issue has been, by the voters of a great party. On the fourth of March 1895, a few Democrats, most of them members of Congress, issued an address to the Democrats of the nation, asserting that the money question was the paramount issue of the hour; declaring that a majority of the Democratic party had the right to control the action of the party on this paramount issue; and concluding with the request that the believers in the free coinage of silver in the Democratic party should organize, take charge of, and control the policy of the Democratic party. Three months later, at Memphis, an organization was perfected, and the silver Democrats went forth openly and courageously proclaiming their belief, and declaring that, if successful, they would crystallize into a platform the declaration which they had made. Then began the struggle. With a zeal approaching the zeal which inspired the Crusaders who followed Peter the Hermit, our silver Democrats went forth from victory unto victory until they are now assembled, not to discuss, not to debate, but to enter up the judgement already rendered by the plain people of this country. In this contest brother has been arrayed against brother, father against son. The warmest ties of love, acquaintance, and association have been disregarded; old leaders have been cast aside when they have refused to give expression to the sentiments of those whom they would lead, and new leaders have sprung up to give direction to this cause of truth. Thus has the contest been waged, and we have assembled here under as binding and solemn instructions as were ever imposed upon representatives of the people.

We do not come as individuals. As individuals we might have been glad to compliment the gentleman from New York [Senator Hill], but we know that the people for whom we speak would never be willing to put him in a position where he could thwart the will of the Democratic party. I say it was not a question of persons; it was a question of principle, and it is not with gladness, my friends, that we find ourselves brought into conflict with those who are now arrayed on the other side. .

When you [turning to the gold delegates] come before us and tell us that we are about to disturb your business interests, we reply that you have disturbed our business interests by your course.

We say to you that you have made the definition of a business man too limited in its application. The man who is employed for wages is as much a business man as his employer; the attorney in a country town is as much a business man as the corporation counsel in a great metropolis; the merchant at the cross-roads store is as much a business man as the merchant of New York; the farmer who goes forth in the morning and toils all day, who begins in the spring and toils all summer, and who by the application of brain and muscle to the natural resources of the country creates wealth, is as much a business man as the man who goes upon the Board of Trade and bets upon the price of grain; the miners who go down a thousand feet into the earth, or climb two thousand feet upon the cliffs, and bring forth from their hiding places the precious metals to be poured into the channels of trade are as much business men as the few financial magnates who, in a back room, corner the money of the world. We come to speak of this broader class of business men.

Ah, my friends, we say not one word against those who live upon the Atlantic Coast, but the hardy pioneers who have braved all the dangers of the wilderness, who have made the desert to blossom as the rose, the pioneers away out there [pointing to the West] who rear their children near to Nature's heart, where they can mingle their voices with the voices of the birds-out there where they have erected schoolhouses for the education of their young, churches where they praise their Creator, and cemeteries where rest the ashes of their dead-these people, we say, are as deserving of the consideration of our party as any people in this country. It is for these that we speak. We do not come as aggressors. Our war is not a war of conquest; we are fighting in the defense of our homes, our families, and posterity. We have petitioned, and our petitions have been scorned; we have entreated, and our entreaties have been disregarded; we have begged, and they have mocked when our calamity came. We beg no longer; we entreat no more; we petition no more. We defy them!

The gentleman from Wisconsin [Vilas] has said that he fears a Robespierre. My friends, in this land of the free you need not fear that a tyrant will spring up from among the people. What we need is an Andrew Jackson to stand, as Jackson stood, against the encroachments of organized wealth.

They tell us that this platform was made to catch votes. We reply to them that changing conditions make new issues; that the principles upon which Democracy rests are as everlasting as the hills, but that they must be applied to new conditions as they arise. Conditions have arisen, and we are here to meet those conditions. They tell us that the income tax ought not to be brought in here; that it is a new idea. They criticize us for our criticism of the Supreme Court of the United States. My friends, we have not criticized; we have simply called attention to what you already know. If you want criticisms read the dissenting opinions of the court. There you will find criticisms. They say that we passed an unconstitutional law; we deny it. The income tax was not unconstitutional when it was passed; it was not unconstitutional when it went before the Supreme Court for the first time; it did not become unconstitutional until one of the judges changed his mind, and we cannot be expected to know when a judge will change his mind. The income tax is just. It simply intends to put the burdens of government justly upon the backs of the people. I am in favor of an income tax. When I find a man who is not willing to bear his share of the burdens of the government which protects him, I find a man who is unworthy to enjoy the blessings of a government like ours.

They say that we are opposing national bank currency; it is true. If you will read what Thomas Benton said, you will find he said that, in searching history, he could find but one parallel to Andrew Jackson; that was Cicero, who destroyed the conspiracy of Cataline and saved Rome. Benton said that Cicero only did for Rome what Jackson did for us when he destroyed the bank conspiracy and saved America. We say in our platform we believe that the right to coin and issue money is a function of government. We believe it. We believe that it is a part of sovereignty, and can no more with safety be delegated to private individuals than we could afford to delegate to private individuals the power to make penal statutes or levy taxes. Mr. Jefferson, who was once regarded as good Democratic authority, seems to have differed in opinion from the gentleman who has addressed us on the part of the minority. Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank, and that the government ought to go out of the banking business. I stand with Jefferson rather than with them, and tell them, as he did, that the issue of money is a function of government, and that the banks ought to go out of the governing business.

They complain about the plank which declares against life tenure in office. They have tried to strain it to mean that which it does not mean. What we oppose by that plank is the life tenure which is being built up in Washington, and which excludes from participation in official benefits the humbler members of society. .

And now, my friends, let me come to the paramount issue. If they ask us why it is that we say more on the money question than we say upon the tariff question, I reply that, if protection has slain its thousands, the gold standard has slain its tens of thousands. If they ask us why we do not embody in our platform all the things that we believe in, we reply that when we have restored the money of the Constitution, all other necessary reform will be possible; but that until this is done, there is no other reform that can be accomplished.

Why is it that within three months such a change has come over the country? Three months ago when it was confidently asserted that those who believed in the gold standard would frame our platform and nominate our candidates, even the advocates of the gold standard did not think that we could elect a President. And they had good reason for their doubt, because there is scarcely a State here today asking for the gold standard which is not in the absolute control of the Republican Party. But note the change. Mr. McKinley was nominated at St. Louis upon a platform which declared for the maintenance of the gold standard until it can be changed into bimetallism by international agreement. Mr. McKinley was the most popular man among the Republicans, and three months ago everybody in the Republican Party prophesied his election. How is it today? Why, the man who was once pleased to think that he looked like Napoleon-that man shudders today when he remembers that he was nominated on the anniversary of the battle of Waterloo.

Not only that, but as he listens, he can hear with everincreasing distinctness the sound of the waves as they beat upon the lonely shores at St Helena.

Why this change? Ah, my friends, is not the reason for the change evident to any one who will look at the matter? No private character, however pure, no personal popularity, however great, can protect from the avenging wrath of an indignant people a man who will declare that he is in favor of fastening the gold standard upon this country, or who is willing to surrender the right of selfgovernment and place the legislative control of our affairs in the hands of foreign potentates and powers.

We go forth confident that we shall win. Why? Because upon the paramount issue of this campaign there is not a spot of ground upon which the enemy will dare to challenge battle. If they tell us that the gold standard is a good thing, we shall point to their platform and tell them that their platform pledges the party to get rid of the gold standard and substitute bimetallism. If the gold standard is a good thing why try to get rid of it? I call your attention to the fact that some of the very people who are in this Convention today and who tell us that we ought to declare in favor of international himetallism-thereby declaring that the gold standard is wrong and that the principle of bimetallism is better-these very people four months ago were open and avowed advocates of the goldstandard, and were then telling us that we could not legislate two metals together, even with the aid of all the world. If the gold standard is a good thing, we ought to declare in favor of its retention and not in favor of abandoning it; and if the gold standard is a bad thing why should we wait until other nations are willing to help us to let go? Here is the line of battle, and we care not upon which issue they force the fight; we are prepared to meet them on either issue or on both. If they tell us that the gold standard is the standard of civilization, we reply to them that this, the most enlightened of all the nations of the earth, has never declared for a gold standard and that both the great parties this year are declaring against it. If the gold standard is the standard of civilization, why, my friends, should we not have it? If they come to meet us on that issue we can present the history of our nation. More than that; we can tell them that they will search the pages of history in vain to find a single instance where the common people of any land have ever declared themselves in favor of the gold standard. They can find where the holders of fixed investments have declared for a gold standard, but not where the masses have. Mr. Carlisle said in 1878 that this was a struggle between the "idle holders of idle capital" and "the struggling masses, who produce the wealth and pay the taxes of the country," and, my friends, the question we are to decide is: Upon which side will the Democratic party fight; upon the side of "the idle holders of idle capital" or upon the side of "the struggling masses"? That is the question which the party must answer first, and then it must be answered by each individual hereafter. The sympathies of the Democratic party, as shown by the platform, are on the side of the struggling masses who have ever been the foundation of the Democratic party. There are two ideas of government. There are those who believe that if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them.

You come to us and tell us that the great cities are in favor of the gold standard; we reply that the great cities rest upon our broad and fertile prairies. Burn down your cities and leave our farms, and your cities will spring up again as if by magic; but destroy our farms and the grass will grow in the streets of every city in the country.

Fucking hell. Buckle up, the shit is hitting the fan.

My friends, we declare that this nation is able to legislate for its own people on every question, without waiting for the aid or consent of any other nation on earth; and upon that issue we expect to carry every state in the Union. I shall not slander the inhabitants of the fair state of Massachusetts nor the inhabitants of the state of New York by saying that, when they are confronted with the proposition, they will declare that this nation is not able to attend to its own business. It is the issue of 1776 over again. Our ancestors, when but three millions in number, had the courage to declare their political independence of every other nation; shall we, their descendants, when we have grown to seventy millions, declare that we are less independent than our forefathers?

No, my friends, that will never be the verdict of our people. Therefore, we care not upon what lines the battle is fought. If they say bimetallism is good, but that we cannot have it until other nations help us, we reply, that instead of having a gold standard because England has, we will restore bimetallism, and then let England have bimetallism because the United States has it. If they dare to come out in the open field and defend the gold standard as a good thing, we will fight them to the uttermost. Having behind us the producing masses of this nation and the world, supported by the commercial in~erests, the laboring interests and the toilers everywhere, we will answer their demand for a gold standard by saying to them: You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.

So what? It's only spot price they can manipulate. When spot was very low you could not buy physical at spot. When currency will be backed by money, their game is over.

not true at all

jews like the gold standard bc they can corner the market you dipshit

where was I wrong about that? nations and empires have always used gold

It's still something they can manipulate, meaning an outside force influences the US economy for their own gain outside of what helps the citizen at large. A labor-backed currency guaranteed by the force of government arms can't be shorted as a punishment to a nation that refuses to bow. Our constitution already gives congress the power to print and coin money, as well as determine its value, and as a bonus whether the money itself can depreciate over time in a system similar to Gessel's stamp script. Federal reserve currency, or even just gold-backed global currency, both limit the sovereignty of our nation. Government-guaranteed currency can defeat this assuming the Trump wave can kick the bums out and prevent business interests from just buying up more of them to use the congress as a middle-man and effectively changing nothing.

Just remember:
When Qadafi started to introduce a Gold-backed Dinar across Africa is when (((NATO))) and friends struck.

(((They))) might own most of it, but they can't print it infinitely. As non-producers, they'll eventually be drained.

Makes ya think, huh?
archive.is/WvgAG
archive.is/GfThz

I thought Ron Paul wanted a return to the gold standard, what's with the people in this thread saying it'll be good for Jews

Could be CTR and associates? See here:

It's going from the new jewish system to the old jewish system. As other user said, labor based currency enforced and defended by the state is the way. That is the "secret", as some of us see it, to the economic success of the NSDAP.

Gold standard means the value of a nation's currency is tied to the global value of gold. Gold is a commodity, so depending on how much gold there is available to buy on the global market, the value of gold will change depending on supply and demand. So what we have is a money whose value is subject to change if the whims of the foreign banking/corporate interests shift ever so slightly.

Thought experiment: the US, on a gold-backed currency, massively scales back foreign trade to establish autarky on some level. Foreign, and largely jewish, interests are shut out of the market, seeth with rage, and start dumping gold on the market to lower its value. The total value of the closed-loop economy of the US shrinks, all because of a decision others made. Is this fair? Will it affect our workers, businessmen, and families negatively without our input? Yes, gold-backed currency is an unguarded opening in global financial warfare, and the gap can be plugged.

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Present arguments

You cannot have stable currency if it's not backed by real money. Average lifetime of fiat currency is 40 years.

Much of that instability stems from the fractional reserve system, which can be prevented through legal means. I don't see how backing currency through precious metal is valuable to the US when the IMF and others holds a vast portion of the global supply. The choice is stability, which we can affect, or sovereignty, which we can't.

The US already issues gold bonds to anyone who wants to buy them. It's nothing new.

Yes, it is their number ONE biggest fear. Or at least a step in that direction. Forget everything else, this is what really riles the kikes up and makes them hire assassins. See: Presidents Jackson, Kennedy

Call me a newfag, but why do they fear gold backed currency so much anyway?

gold is fiat, noob

Go research what a fucking fiat is. By definition gold cannot be a fiat you mongoloid.

Research private central banking and fractional reserve banking. There should be plenty of videos out there. A favorite of mine is "All wars are bankers wars"

Remember, the red pill is forever

gold relies on people valuing it
fiat relies on people valuing it

just one is less able to be manipulated than another

Your claims are neither true nor accurate to their definitions. As a result your conclusion is unfounded.

The first step to unfucking yourself is setting aside 5 minutes to learn what a fiat, and therefore fiat currency, actually is you dumb faggot.

It may work in an isolated environment of a country, but not internationally. Labor-backed currency can't be a reserve currency and sure as fuck it can't be a resource currency.

Gold relies on supply and demand and has a cost to extract and refine.
Fiat is just numbers on a server.

Agree 100%. Let's then create an isolated environment of a country, the US has the space, natural resources, and climate to do so.

Nope.

Don't tell the lolbergs, but the Gold Standard is good for the jews.

NEIN ANDREW JACKSON ONLY APPROVES OF SILVER. THE JEWS OWN THE GOLD.

It would be good, very good, but I don't think it can be done.

If you take how gold was priced for 40 years, then the correct price today is over 10k/oz. Now add this into the mix and another price readjustment would need to take place that would put it around 50k the last time I looked into this.

But hey, he is GOD EMPEROR so… make me even richer hahahaha.

I wish, I'll be instant millionaire.

nice digits

Barrick Gold, the largest gold mining company in the world was founded by Peter Munk, a 'holocaust survivor', who hanged out with a Rothschild a few years ago, who is also a buddy of Oleg Deripaska, the head of Rusal, the former largest aluminum company in the World.

It's not only the spot price, the very much control the supply. And how the fuck you know what the real amount of supply is, they will tell you? It's less transparent than national fiat. And gold is of course also very much fiat.

What we really need is a lead and brass backed currency.

does this count as dubs?

Sorry but labor backed currency is putting the cart before the horse. Labor is worth something because you produce something of value for other people, which can be expressed as the value of commodities relative to each other (bartering) or some sort of fiat. Is all labor worth the same? No, it's not.

How do you determine what labor is most needed?

Ask yourself this, who owns the gold?

Kek works in mysterious ways.

The point of a labor backed currency is to make clear that money should not be created by moving numbers around. "Labor backed currency" is a memetic attack on usury.