In response to:

The Need to Explain

va1234 Wrote: Nov 14, 2012 11:05 PM

There is a constant tension between bankers in our fractional reserve banking system and the government. Bankers are seeking to be the ones who create money through loans at interest and they oppose the creation of money by the government for its purposes such as infrastructure and defense. The current debate about a fiscal cliff is an entirely bogus debate. The US government can create as much money, as in dollars as it desires. The only reason we have a debate about how much money the US government creates is because the very rich who have captured an excessive amount of those dollars does not want to see more of them printed as it will reduce the value of all they have captured. That is the basis of the issue, period.

Join the Debate!

All comments and users are subject to Townhall's new comments policy.

Read Full Story

The Need to Explain

The most successful Republican presidential candidate of the past half century-- Ronald Reagan, who was elected and reelected with landslide victories-- bore little resemblance to the moderate candidates that Republican conventional wisdom depicts as the key to victory, even though most of these moderate candidates have in fact gone down to defeat.

One of the biggest differences between Reagan and these latter-day losers was that Reagan paid great attention to explaining his policies and values. He was called "the great communicator," but much more than a gift for words was involved. The issues that defined Reagan's vision were things he...

Related Tags: Media and Culture Mitt Romney Republicans Minimum Wage Liberal Policies liberal campaign tactics