Comment: Regardless of how debt free

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In reply to comment: Read my last sentence. (see in situ)

Regardless of how debt free

Regardless of how debt free an entity is, if it is using the USD then it will get hurt. The correct prescription is competing currencies AND sound business practices (not being overstretched on debt).

PS- I might have to agree with Spinney here - there is only so much RP can do and reigning in the FED and creating competing currencies are going to be very tough. Most presidents get one major thing done per term, since RP is the man, he'll probably get two or three: Ending the wars/bringing the troops home, restoring some civil liberties/ending the TSA, and balancing the budget.