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Reply #3: Check www.gata.org [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
ramapo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-03 08:30 PM
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3. Check www.gata.org
Plenty to digest here. There's an essay written prior to the '00 election. It is amazingly prophetic. I need to read it in detail but am posting the final two paragraphs to pique your interest.

From...
GOLD OR DROSS?
POLITICAL DERIVATIVES IN CAMPAIGN 2000
Reginald H. Howe

"If today's new era dissolves into another big new error under a President George W. Bush, the legacy candidate will be remembered above all else for fixing his predecessor's legacy: "Apres moi, le déluge." If a President Al Gore is at the helm during the upcoming financial storm, "Gored" will likely replace "Hooverized" as a descriptive term for political castration."

"But these unhappy outcomes are far from the rhetoric of the campaign. Each candidate promises to manage prosperity better than the other. Apparently oblivious to the extraordinary economic distortions built up over the past decade, neither candidate even hints at the possibility of hard times unless perhaps the other guy wins. In the event of victory, each is leaving himself and his party with little room for maneuver should economic conditions change for the worse. Yet the victory each seeks is likely to come with a dangerous political derivative: the chance to be crucified on cross of gold far more real than any imagined by William Jennings Bryan a century ago."

I worry more with each passing day...
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