Saturday, May 07, 2016

The Pulses: Daria Novak Crusades for the Gold Standard in Congressional Race

Photo credit: Bullion Vault via Flickr
Daria Novak is crusading for the gold standard in her race for Congress in eastern Connecticut. Now, Novak recently has received the endorsement of George Gilder, the living author most quoted by President Reagan and the author of many influential books such as the million seller Wealth and Poverty — the “bible” of Reaganomics — and the new Amazon best-seller The Scandal of Money: Why Wall Street Recovers But The Economy Never Does. In a public statement Gilder declares:
Daria Novak’s endorsement of gold shows she understands one of the core problems facing the American economy: the Federal Reserve’s monopoly money is corrupting Wall Street, gelding Silicon Valley, and killing Main Street. I urge her election.
Novak, on her website (as, reportedly, in her stump speech) states:
Prosperity: Restore the American Dream
The classical gold standard is Constitutional money and it made America great. The late, great Jack Kemp introduced perfect legislation for restoring the gold standard, co-sponsored by Newt Gingrich, with the Gold Standard Act of 1984. If elected my first official act will be reintroducing that legislation substantively word for word, and then crusading on that as key to getting job creation, economic security, and upward mobility back at a sizzling rate.
Novak is in distinguished company. The gold standard is re-emerging . . .

Read the rest of the story at The Pulse.

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