President Canute

Bush calls on world financial markets to value the falling fiat greenback more highly. George, if this were not your typical lying propaganda, I would tell you: Stop inflating! Establish a gold standard! Cut spending, taxes, and regulations, Future generations would bless your memory rather than curse it.

His comments are a reminder, however, that it is the inexorable laws of economics that will bring down the empire at home and abroad. When Ron Paul called it a revolution, he meant it.

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3:54 pm on June 9, 2008