28 votes

Old Ronald Reagan Campaign Ad: "I will bring back the gold standard"

http://youtu.be/qxEq2LWUPzc

Ronald Reagan's presidential campaign ad which explains the damage caused by the government's decision to stop tying the dollar to gold. Reagan states firmly that gold-backed currency was the only way to restore price stability and end inflation.

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We should jail politicians who break their campaign promises.

FDR and Reagan come immediately to mind because they promised the most and delivered virtually the opposite. 'Course they're dead, but the Bushes and Obama are not.

Wondering if this is a Hoax

It seems to me that most of them has violated their oath to uphold the Constitution of the United States with their votes against thei Bill of Rights and the Liberty of the People regarding the Patriot Act, NDAA, HR 345, etc.

I wonder if their Bonds can be recalled or if that idea is a hoax: http://www.dailypaul.com/259174/free-the-planet-by-morning

Since all of government seems to be in collusion to protect each other, do the citizens have recourse apart from government?

Can anybody find the video of Reagan being asked about this?

I know I have seen it - he gets this dopey look, glances at someone beside him, and says something like "They told me I couldn't do that." I'd love to see the video that went with this OP, too - what happened to it?

Love or fear? Chose again with every breath.

Why in the world make this video "private"??

And does anyone know the location of a (hopefully permanently...) viewable copy?? Search engines are failing me today, it seems.

I think it is ridiculous for

I think it is ridiculous for one to post a video on daily paul, which not everybody can see because it is private.

Now they have removed it.

I guess they had a temporary agenda.

This clip is Golden!

This clip is Golden!

Let it not be said that we did nothing.-Ron Paul
Stand up for what you believe in, even if you stand alone.-Sophia Magdalena Scholl

The guy's name is Bill Still.

The guy's name is Bill Still. He wrote an interesting book called No More National Debt. In it, he argues for a government issued currency (issued by the government, not the Fed. Also, it is money issued without interest). He tends to be at odds with Rothbard et. al., in that he does not like the idea of a gold backed currency. He supports getting rid of the Fed, but also eliminating fractional reserve banking (as per the advice given him by Milton Friedman).

You can find out more about the book at www.billstill.com.

Bill Still

Bill Still’s videos recognize and explain the damages of fiat inflation money that is expanded at will. Still nevertheless advocates in favor of fiat money that can be inflated at will. Still just wants to change who wields the power to inflate the currency from bureaucrats at The Fed to bureaucrats and politicians in Washington.

It is ludicrous to think that bureaucrats and politicians in Washington will magically become more benevolent masters. What is the predictable result when politicians have direct access to the printing press to appease every special interest, buy votes, and trade favors with big money and corporatist interest via spending on every conceivable project and program? The predictable result is accelerated destruction of the currency and the economy, and rapidly expanding growth of corruption. Such proposal does nothing to protect and stabilize our currency. It simply changes which money masters wield the powers of inflation to destroy the working class, the savers, and retirees.

The problem is not who gets to abuse us with this power, but the power to abuse itself that must be ended. Only a sound currency or free competition in currency (which enables sound currency) can end such abuse.

Let it not be said that we did nothing.-Ron Paul
Stand up for what you believe in, even if you stand alone.-Sophia Magdalena Scholl

Just end legal tender laws.

And that will end both fractional reserve banking and Bill Still's debt-free bills of credit.

When free, the people will choose to use gold, silver, copper and nickel for trading.

See also: Ronald Reagan -

See also:
Ronald Reagan - inflation as a tax
http://www.youtube.com/watch?v=lI1Clgy9-fw

All Talk, No Walk

Once again, It has been proven the Reagan could Talk the Talk. But he could not Walk the Walk LIKE RON PAUL CAN!

He took a bullet

So maybe it wasn't all talk, up to that point.

____

"Take hold of the future or the future will take hold of you." -- Patrick Dixon

And then someone tried to put

And then someone tried to put a bullet in his head. No more gold standard, no more humble foreign policy. Problem solved for the elite.

Yes, but Ron Paul can deflect bullets

like Keanu Reeves. I saw him do it once in a YouTube video.

This a great find!

I think this would be a perfect commercial to capture the attention of those baby boomers who, both Republican and Democrat, came together and gave Reagan his unexpected landslide.
My idea would be to simply use the video verbatim then at the end fade in a photo of Dr. Paul and overlay his voice saying "My name is Ron Paul and I still approve this message." With slight emphasis on "still" if it comes from teh campaign, otherwise just the normal disclosure message.

I was a teenager in the 1970s

Inflation was skyrocketing after Nixon completely removed the link between gold and the dollar. Gerald Ford, who was VP when Nixon resigned, literally came out with a "Whip Inflation Now" campaign where they made "W.I.N." buttons and ran commercials imploring businesses to stop raising prices. It was comical even for a young teenager who didn't understand economics at the time.

Reagan's commercial makes total sense from that era. It's a shame he didn't even run the commercial much less act on his instinct to re-link gold to the dollar. He was probably told by others that linking the dollar to gold would take away their ability to run massive deficits.

Reagan's gold standard ad is from 1980

From an NPR piece. Nixon's 1971 decision is referenced in a paragraph before this:

"Nine years later, Republican strategist Jeffrey Bell was working on Ronald Reagan's presidential campaign. He tells Raz that Reagan was always interested in returning to the gold standard.

The candidate even recorded a pro-gold-standard ad, but it never aired — except by accident in Pennsylvania."

http://www.npr.org/2010/11/13/131297988/gold-standard?ps=cprs

Phil. 4:13

Reagan Lied!


Why did Reagan staff-up his "Gold Commission" with ideologues and pro-establishment figures who were all opposed to the Gold standard, except for Ron Paul and one other guy?

This is no different than Obama saying he wants to end the Wars, and then expanding them once he finally gets into power.

Reagan was a B.S. artist, and just another liar.

His only committment was to the status-quo (World Empire & Wall Street, giving power to the Bushs).

Gold Commission

It was not "his Gold Commission" and President Reagan did not get to select the appointees.

President Ronald Reagan did not actually create the gold commission, nor did he as President get to appoint the members to the Commission. Reagan advocated for the creation of a gold commission, but it was actually created by an act of Congress passed on October 7, 1980, one month before Reagan won the election and three months before he took office. It was created largely due to the efforts of Senator Jesse Helms.

The commission was under the direction of Congress and not the President. It was Congress who selected the Commission and stacked it with inflation money advocates, although due to a variety of reasons it did not even announce the appointees selected to the Commission until June 22, 1981. Congress decided who would be on the commission and decided it would be composed of 16 appointees. President Reagan did not get to appoint any of them. The Commission was composed of four Republicans, five Democrats, three Federal Reserve governors, and four academics and businessmen. The Democrat appointees were all fervently antagonistic towards a gold standard. The academics and businessmen included Arthur Costamagna who along with Lehrman joined Dr. Paul in the minority report. Dr. Paul likened the allowing Federal Reserve governors on the commission to allowing bank robbers to juror their own trial.

Sometimes the bigger error is not what people don't know, but rather so much of what they know that just isn't so.

Let it not be said that we did nothing.-Ron Paul
Stand up for what you believe in, even if you stand alone.-Sophia Magdalena Scholl

I believe Lewis (Lew) Lerhman was the other guy..

Lew Lerhman is still around. Great guy!

You're Right !

And Mr. Lerhman recently proposed a new Gold plan in Washington, which of course no one hears about:

http://www.nysun.com/national/plan-to-return-america-to-the-...

The GATA group may have the latest information on this:

http://www.gata.org/

beesting

Regardless, a lot of the

Regardless, a lot of the support we need seem to worship Reagan for some reason or another. So it's important when he vindicates Paul.

Gold Standard Question

I thought Nixon ended Bretton Woods in 1971? What is Reagan talking about when he said "in the 1960's... stopped tying the value of the dollar to gold"?

Thanks!

I've not certain if this is

I've not certain if this is the same thing Reagan is talking about, but it was sometime in the 1960s (I think '64) that the government ceased to make coins made out of silver.

This guy is saying dont back it at all

or back it with silver. He said they will manipulate gold. They manipulate silver now. It is more the amount of currency that is released not what it is backed by. It is also important that it not be made out of debt (meaning the government should print it not a international banks). Continental script was not backed by anything. But they limited how much was in circulation.

http://www.youtube.com/watch?v=JXt1cayx0hs

You're correct, true believer!

"Backed" currency can be manipulated. We don't want "backed" currency. We want metal!

Gold and silver are limited by nature, that's why they're excellent money. Limited paper currency can work in theory but it would involve taxing back what you spend out and that is politically difficult!

We want "competing currencies"

Let the free market sort it out.

I'd like to see currencies denominated in grams

instead of dollars. It's much harder to manipulate a physical constant than an exchange rate.