Can someone help me, this is funny...

[gtRFan]

Repugs from work:

Blame Kennedy for the state of economy .... because he switched the gold standard of the dollar
Blame Clinton for the current state of economy .... because he did something funny with the tax called the Laffer Curve.

We didn't have a coalition because France and Germany and other countries were benefiting from "Oil- for -food" program, and were exchanging weapons instead. (The way I see it whatever it is that they traded, we wanted it, and since they're not gonna get any, they say screw the US).

Iraq was a legitimate war (This one I'll never get)

I need some solid non spinned facts (links), because they're ganging up on me.

EDIT: More importantly, I would like to know where we were on the Laffer Curve before Clinton lowered taxes. It would show if the government actually benefited from the lowered tax rate.

 

[conjur]

Nixon took us off the gold standard

http://www.pbs.org/wgbh/comman...ext/ess_nixongold.html

 

[gtRFan]

Thanks Conjur... one down... two to go. I knew I could always counted on you.

 

[lozina]

Originally posted by: gtRFan
Repugs from work:

Blame Kennedy for the state of economy .... because he switched the gold standard of the dollar

LOL this could not be further from the truth!

In reality, Kennedy was actually trying to bring back the gold standard when he introduced new silver/gold backed certificates issued by the Treasury (actually part of the government) instead of the Federal Reserve (a private organization). Many conspiracy theories revolve around the wealthy bankers behind Kennedy's assassination because he was threatening their fiat money if the nation went back to a gold standard.