Jake Towne: One Step Closer to the End of the Yellow Brick RoadSubmitted by legalizeliberty on Sun, 05/02/2010 - 16:13
"She was so old that she dried up quickly in the sun... But the silver shoes are yours, and you shall have them to wear." - the Witch of the North, from Frank Baum's 1900 "Wonderful Wizard of Oz" (p. 6/72)
Well, Technicolor changed the unforgettable color of Dorothy's shoes from silver to ruby red, but Baum's work had multiple interpretations, including an allegory for sound money. The silver shoes danced on the "yellow brick road" made of solid gold to the Emerald City of Oz, where everything seen was faked through green classes (the greenback or dollar) run by the little man behind the screen (the FED/Congress).
After watching the Chinese develop a voracious appetite for gold and silver over the last year before I left China to return home and run for U.S. Congress, one of the strange things I noticed after returning stateside was the non-stop newspaper and TV ads for unwitting citizens to bring in their gold and be paid a fraction of their worth. It was so bad that even The Onion picked up and satirized the whole event, suggesting the US government could pay off the national debt by selling our gold for irredeemable dollars.
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