Steve G.

Bear with us: another proposed petition about the bailout

In Libertarian on September 25, 2008 at 12:08 pm

This is a proposed petition. You can suggest draft changes at Brad Spangler’s blog.

To President Medvedev and Prime Minister Putin of the Russian Federation,

Thank you for the opportunity to address you in this petition.

The Russian News and Information Agency (RIA Novosti) recently published an opinion article written by British historian and political analyst John Laughland. Laughland suggested that the Russian government consider making the rouble convertible into gold. The article can be found here:

http://en.rian.ru/analysis/20080924/117072937.html

We ask that you please consider Laughland’s proposal.

All factions of the political leadership of the United States government appear determined to wreck the value of the U.S. dollar. We are not optimistic that U.S. political leaders will adopt a wise monetary policy. Not only is this bad for the people of the United States, but because the U.S. dollar is so widely used it is bad for the people of the world.

We believe the Russian government has an opportunity to provide stability for the world economy during this time of crisis created by the U.S. government. We believe potential Russian adoption of a gold standard supports such efforts.

We ask this also on behalf of our own selves and all Americans who truly wish to prosper. You will recall, gentlemen, that the U.S. dollar once served as a stable currency for the informal economy in the Soviet Union. You may recall that this so-called “black market” did perhaps more to make life bearable for the ordinary Russian than the official economy did. We ask that the Russian government now return the favor by adopting a gold standard, creating a currency that can undisputably be trusted within the U.S. informal economy that must grow as the emerging U.S. police state grows in power.

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