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Entries in Gold Standard (56)

Wednesday
Jul232014

APIA - Paul Krugman attacks APIA senior economics advisor in NY Times Blog 

Dear Monetary Policy Observer,

Nobel Economics laureate Paul Krugman responded, perhaps shrilly, to APIA senior economics advisor Ralph Benko's last week's Forbes.com column in his NY Times Blog, entitled Fantasies of Personal Destruction:

 

A correspondent directs me to a piece in Forbes about yours truly that is both funny and scary.

 

Yep, scurrying away with my tail between my legs, I am, disgraced for policy views shared only by crazy people like the IMF’s chief economist (pdf).

 

One thing I’ve noticed, though, is how many people on the right are drawn to power fantasies in which liberals aren’t just proved wrong and driven from office, but personally destroyed.

To which Benko responded, yesterday, in part:

Put aside the demonstrable fact of Prof. Krugman’s consistently sloppy conflation of gold investors and gold standard proponents.  Put aside his failure to engage with the arguments of the many gold standard proponents not predicting imminent virulent inflation.  (Such as this writer)

 

Eruditely ridiculing gold proponents as, well, full of s*** is clever. It likely will tickle those readers who find monkeys flinging poo at each other hilarious.  Ridicule is much easier, and cheaper, than grappling with scholarly analyses such as that from the Bank of England which provided, in 2011, Financial Stability Paper No. 13, a genuinely interesting critique of the real world performance of fiduciary currency.

 

We hope you find this exchange of interest.

Saturday
Jul192014

APP News Update: More States End Common Core, the Border Crisis and more  

 
Aguilar on MSNBC's Reid Report
It's the Biflation, Stupid!
 
On Oklahoma Supreme Court Upholding Common Core Repeal “Today, the Oklahoma Supreme Court has upheld the power of the legislature to set education policy. In so doing, it has quashed the problematic, Progressive idea that the state board of education is vested with both legislative and executive powers."  - APP Education Dir. Emmett McGroarty
Breitbart News - 7/15/14
 
A Better Migrant Worker Plan Would Stem the Flow of Unaccompanied Children to the U.S.
By Alfonso Aguilar (NY Times)

The surge of unaccompanied minors entering through the southern United States border illegally is just another crisis produced by our dysfunctional immigration system. Contrary to the narrative of some opportunistic politicians and pundits, this unfortunate situation is not the result of the Obama administration failing to enforce the law. In reality, most would-be-migrants believe that crossing the border has become much more difficult, and in the last decade, the U.S. government has greatly strengthened border security and interior enforcement.

Increased violence in Central America – mainly El Salvador, Guatemala and Honduras – is said to be the immediate reason so many children are now coming to our borders alone. But many of these children are making the dangerous journey to reunite with their parents, who came here looking for a good-paying job and a better future. (read the rest)
 
Keene: Editing out an elightened history of America
In the early days of the American Republic, Thomas Jefferson was perhaps the staunchest advocate of public education. Jefferson authored a plan for public primary and secondary schools and is father of the University of Virginia. He would be appalled at the state of public education today.
  Jefferson loved reading and knowledge for its own sake, of course, but believed the success of the American experiment depended on an educational system that would instill a knowledge of history and values in the citizenry. He was not alone among the Founders in this belief, but few expressed themselves better. Jefferson was eloquent on the study of history as especially important because, as he put it, “apprising [students] of the past will enable them to judge of the future.” (read the rest)
 
Is Sound Money the Next "Big, Bold Idea" for Conservatives
By Paul Dupont

One of the important arguments made by last year’s American Principles in Action report, “Building a Winning GOP Coalition,” was that voters are concerned with rising prices and the shrinking value of the dollar, problems which could be addressed by “picking up the forgotten of the Reagan economic agenda: sound money.”  Monetary reform is a relevant and populist issue, one which would help Republicans connect effectively with the average voter, unlike their failed 2012 economic message.

Judy Shelton, senior fellow at the Atlas Economic Research Foundation, makes a similar case in the upcoming issue of The Weekly Standard (the article is available online here).  Dr. Shelton argues that supporting sound money is imperative for restoring economic prosperity, both in the U.S. and internationally, and that Republicans have much to gain by joining the movement to re-link the dollar to gold (read the rest)
 
Other articles: 
Thursday
Jul102014

APP News Update - 7/9/14 

 

 
 
New Twist in Common Core Wars
 
Amid Border Crisis, Advocates Talk
Next Steps on Immigration
 
On Marriage & Religious Freedom“We as Christians speak up about this, because if we don’t we hand this off to our grandchildren and they’re not going to be able to speak up about it”
  - APP Executive Director Terry Schilling
 EWTN Interview 7-2-14
 
The Gold Standard and the History of American Money

Over at Forbes.com last week, Peter Ferrara, in his review of Steve Forbes’ recently released book Money: How the Destruction of the Dollar Threatens the Global Economy and What We Can Do About It, treated readers to an interesting lesson in the history of American monetary policy.

During the defining early years of the nation, one of the priorities of America’s first treasury secretary, Alexander Hamilton, was to link the value of the dollar to gold, a policy which would be adhered to for over a century and lead to a period of unrivaled economic growth and prosperity: (read the rest)

 
Obama to Go It Alone on Immigration

Alfonso Aguilar, executive director of the Latino Partnership for Conservative Principles, says the president’s decision to go it alone illustrates a breaking point for the White House and its ability to shepherd legislation on Capitol Hill.

“That is a Band-Aid to the real problem,” Aguilar says. Still, he admits the president does have freedom to stem deportations and help fix the broken immigration system. “The law does provide him a lot of discretion, so if he would decide to give further actions to the rest of the undocumented population, he does have that authority,” he says.

Aguilar says even if the White House has been a poor negotiating partner on issues in the past, House Republicans should be kicking themselves for letting the president get out ahead of them on immigration. While Republicans in Congress may be deeply divided about how to proceed on issues like citizenship and low-skill worker visas, Republicans nationally understand the party must do something to make inroads with Hispanic voters if they want to win the White House in 2016. (read the rest)

 
OpEd: By Any Name You Call It, Common Core Is a Loser

When it comes to the issue of the Common Core national school standards, Florida may be the nation in microcosm.

On one side are the powerful political and corporate elitists, epitomized by Jeb Bush, and on the other are parents and other citizens who strongly oppose relinquishing local control over education to anonymous, unaccountable entities in Washington, D.C. Until recently the elitists, with all their money, seemed to have the upper hand. But recent developments suggest the tide may be turning.

The elitist view is that only “experts” (and preferably experts in Washington) know how to educate Florida children to prepare them to be fodder for the economic machine, and parents should quite simply shut up and do as they’re told. But parents’ refusal to comply has necessitated a change in strategy. (read the rest)
Photo: Jeb Bush at 2013 CPAC by Gage Skidmore (CC-BY-2.0)

 
Other articles: 
Thursday
Nov282013

Happy Thanksgiving from the American Principles Project and APP News 

American Principles Project

Dear Fellow Conservative,
 
There are many things that we should be thankful for this Thanksgiving, but the greatest of those are our families, our communities, and our great nation.
 
Thank you for standing with us as we work to promote human dignity in various aspects of public policy, and continue our work to uphold the founding principles of our great nation.  
 
We hope you have a wonderful Thanksgiving with your family and friends.
 
For Liberty,
 
The American Principles Project


In the news:
 
“The Changing Role of Education in America” conference
 
APP Common Core released the full presentations from “The Changing Role of Education in America: Consequences of the Common Core” conference.
 
Leading experts addressed over 200 conference attendees at the conference in South Bend, Indiana, in September 2013. The presenters discussed the changing landscape of the American education system and the implications of the Common Core Standards.
 
Click here to view all of the presentations.
 
 
‘The Daily Rundown’ with Chuck Todd
 
The Executive Director of APP’s Latino Partnership, Alfonso Aguilar, appeared on The Daily Rundown with Chuck Todd this week.  Mr. Aguilar and Frank Sherry (Executive Director of America’s Voice) discussed immigration reform and the political momentum needed to pass it.
 
Watch the segment on immigration reform here.
 
 
Puerto Rico’s ‘unnatural status’ undermines its economy, hurts US investors
By Rich Danker and Alfonso Aguilar
The Washington Examiner
 
As Puerto Rico marked the Nov. 19 anniversary of its discovery by Christopher Columbus, the Obama White House announced it was dispatching an interagency task force to give advice to the island's beleaguered government.

With nearly $70 billion in public debt and a credit rating hovering near junk status, San Juan needs all the help it can get.

But sending capable bureaucrats, or even a bailout, falls well short of fixing the problem that hatched Puerto Rico’s economic meltdown: the territorial status it has been stuck with since the end of the Spanish-American War in 1898.

Just consider that Puerto Ricans, who were granted U.S. citizenship in 1917, cannot vote for president and do not have proportional voting representation in Congress.
 
Read more…

Wednesday
Nov132013

APIA’s Autopsy Report, Statement on Immigration from Conservative Leaders, and more

American Principles Project

American Principles in Action’s Report – “Building a Winning GOP Coalition: The Lessons of 2012”
 
Two weeks ago, American Principles in Action released a new report entitled, “Building a Winning GOP Coalition: The Lessons of 2012.”  This report takes a hard-hitting and essentially political look at the 2012 election, and offers analysis and recommendations on how the GOP must move forward to build a winning strategy.


 
APIA’s report received much attention over the past two weeks, especially in relation to the Virginia and New Jersey Governor races, and looking forward to the GOP’s strategy in 2014 and beyond.
 
In the news:
 
“Christie, McAuliffe Win Governor’s Races”, The Wall Street Journal – Featuring Frank Cannon, President of American Principles in Action

“Truce, Be Not Proud”, National Review Online – An interview with Maggie Gallagher, Senior Fellow at the American Principles Project
 
“What the GOP Needs to do to Win Elections Again”, CNBC and featured on the Drudge Report – Op-ed by Rich Danker, Director of APIA Gold
 
“The Great Divide”, The Weekly Standard – Featuring Jeffrey Bell, Policy Director at APIA
 
“Republicans Must Use Social Issues to Stay on Offence”, TownHall – Op-Ed by Terry Schilling, Political Director at APIA
 
 
LATINO PARTNERSHIP
 
Statement from Conservative Leaders on Pending Immigration Legislation in the House of Representatives
 
American Principles in Action and the American Conservative Union, along with more than fifteen conservative leaders, released a statement today regarding the upcoming immigration debate. The statement reads:
 
“America needs immigration reform. With over 76 million “Baby Boomers” retiring by 2030 and only 46 million Americans poised to take their place in the workforce, it’s clear we need a forward-looking market-based immigration policy which allows for a growing economy and a labor blueprint that plans for the future…”
 
Click here to read the full statement.
 
In the news:
 
The Hill: “The Tanton Network: Republican Party’s Number One Enemy”
 
National Review Online: “American Conservative Union on Amnesty: No Enemies to the Left?”
 
Fox News Latino: “Republicans Eye Obamacare Glitches As Chance to Win Over Millennials”
 
 
APP COMMON CORE
 
“A national effort to unify education standards across America and help American children compete more effectively with students in better-performing nations is actually a dumbing-down of America’s schools, takes away local control, handcuffs good teachers and opens the door for ideological manipulation of our kids.
 
Common Core was developed in recent years as a means of establishing nationwide learning standards, and the vast majority of states signed on, even before the standards were spelled out. And critics of the plan say the emerging reality of Common Core is far different from what was promised.
 
“It was sold to the states and the federal government on a series of slogans. The slogans were that it would be state-led, that the standards would be evidence-based, internationally benchmarked, that is on par with what other high-performing countries teach and that the standards would be rigorous,” said Emmett McGroarty, education director at APIA Common Core.”
 
WND: “Schools Producing More Dummies than Ever”
 
 
 
APP GOLD
 
“If there's any boon for Republicans from the government shutdown, it's this: the GOP's unprofitable alliance with big business may finally be over. Corporate leaders are reportedly at wit's end with conservatives over their recent display of brinksmanship, but the discord really should go the other way. There's nothing wrong with big business per se, but to win elections again, the Republican Party needs to respond to the economic concerns of workers rather than the bosses.
 
The GOP's 2012 defeat was the epitome of this disconnect. To quantify the economic issue mix of the Romney campaign, we analyzed in a recent white paper the content of over 120 television ads that Romney, the Republican National Committee and major allied Super PACs collectively spent $400 million to run. These commercials emphasized unemployment, debt, and Romney's background as a job creator. “
 
Read more here: “What the GOP Needs to do to Win Elections Again”, CNBC and featured on the Drudge Report – Op-ed by Rich Danker, Director of APIA Gold