Lionel Mandrake

Lionel Mandrake's Journal

April 7, 2019

Herman Cain for the Fed?

Once again, Trump has picked the least qualified person for an important federal job. Trump's nominee for the Federal Reserve Board, Herman Cain, wants to back our money supply with gold. Michael Hiltzik of the Los Angeles Times explains why competent economists, both Liberal and Conservative, agree that going back to the gold standard would be a terrible mistake.

https://www.latimes.com/business/hiltzik/la-fi-hiltzik-herman-cain-trump-gold-standard-20190405-story.html?fbclid=IwAR0zteNhUjGcFavh1Xd461uWbjyO10oaMx3XAJCRzW1XtlTxQARnp04rpNU

Profile Information

Gender: Male
Hometown: The Left Coast
Home country: USA
Current location: electrical wires
Member since: Sun Jul 1, 2007, 06:47 PM
Number of posts: 4,076

About Lionel Mandrake

I study, play the piano, play chess and go, and enjoy the company of my wife, children, grandchildren, other relatives, and friends. I am a perennial student at a school where they let me attend classes and use the library for free (because I'm old). My serious reading includes math, science, history, and biography. I enjoy science fiction and mysteries, which my wife and I refer to as "mind rot". And now on to politics. I hated Nixon and Reagan. I think W is a war criminal and was easily the worst president in US history until Trump came along. Trump and Sessions should be tried for having separated small children from their parents, which was a crime against humanity. I will support any candidate who is a "dove". I support "plan B" without prescription for girls of all ages. I support free abortion on demand, without delay, and without the requirement to notify anyone, for all women and girls who want it. I think it's time to repeal the Bush/Trump tax cuts for corporations and the very rich.