Comments on: Bretton Woods Won’t Make a Comeback http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/?utm_source=rss&utm_medium=rss&utm_campaign=bretton-woods-wont-make-a-comeback @TAC Fri, 10 Feb 2012 04:36:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Quotes of the Day | Political Byline http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2296 Quotes of the Day | Political Byline Sat, 15 Nov 2008 01:13:48 +0000 http://www.amconmag.com/blog/?p=1263#comment-2296 [...] Conservatives, Opinion, Politics, Quote of the Day, Republican, Republicans The U.S. dollar, tied to gold, was to become the world’s reserve currency. The pound, the franc and other [...] [...] Conservatives, Opinion, Politics, Quote of the Day, Republican, Republicans The U.S. dollar, tied to gold, was to become the world’s reserve currency. The pound, the franc and other [...]

]]> By: David Tomlin http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2295 David Tomlin Fri, 14 Nov 2008 22:34:47 +0000 http://www.amconmag.com/blog/?p=1263#comment-2295 According to an article in the <i>Economist</i>, talk of 'Bretton Woods 2 is just hype, at least as far as this conference goes. http://www.economist.com/finance/displayStory.cfm?source=hptextfeature&story_id=12597176 'More than two years of gruelling technical work laid the ground for the wartime conference of officials and finance ministers (prime ministers and presidents had other things to deal with). By contrast, the leaders gathering this weekend . . . have cobbled together an agenda in a few frenetic weeks.' According to an article in the Economist, talk of ‘Bretton Woods 2 is just hype, at least as far as this conference goes.

http://www.economist.com/finance/displayStory.cfm?source=hptextfeature&story_id=12597176

‘More than two years of gruelling technical work laid the ground for the wartime conference of officials and finance ministers (prime ministers and presidents had other things to deal with). By contrast, the leaders gathering this weekend . . . have cobbled together an agenda in a few frenetic weeks.’

]]> By: Jack Tracey http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2282 Jack Tracey Fri, 14 Nov 2008 17:11:42 +0000 http://www.amconmag.com/blog/?p=1263#comment-2282 The individuals and interests that have engineered the rise of international institutions like the European Union have sought no forgiveness and only token permission. The globalists are not dreaming. However, they are afraid of a multi-polar world, which is why they are seeking to replace America at the axis of power with an international government. We've squandered our hegemony, China and Russia are frightening, and Europe is dying. The Euros, in their peculiarly self-important and self-deprecating way, are tending to their national interests. By the way, the Dem's will get their amnesty bill passed - over Labor's dead body. The individuals and interests that have engineered the rise of international institutions like the European Union have sought no forgiveness and only token permission. The globalists are not dreaming. However, they are afraid of a multi-polar world, which is why they are seeking to replace America at the axis of power with an international government. We’ve squandered our hegemony, China and Russia are frightening, and Europe is dying. The Euros, in their peculiarly self-important and self-deprecating way, are tending to their national interests. By the way, the Dem’s will get their amnesty bill passed – over Labor’s dead body.

]]> By: malcolm http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2271 malcolm Fri, 14 Nov 2008 15:22:19 +0000 http://www.amconmag.com/blog/?p=1263#comment-2271 Americans won't put up with it?! My dear Mr. Buchanan, when has our opinion mattered? Something as complicated and unfamiliar to Americans as the IMF, gold standard, will be simplified and packaged like the Iraq war - depression bad - bomb it! , or quietly worked into the fine print of a soft agreement "economic initiatives' - a 'wordocracy' as Steve Sailer calls it. Americans won’t put up with it?! My dear Mr. Buchanan, when has our opinion mattered? Something as complicated and unfamiliar to Americans as the IMF, gold standard, will be simplified and packaged like the Iraq war – depression bad – bomb it! , or quietly worked into the fine print of a soft agreement “economic initiatives’ – a ‘wordocracy’ as Steve Sailer calls it.

]]> By: CM Collins http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2264 CM Collins Fri, 14 Nov 2008 13:12:42 +0000 http://www.amconmag.com/blog/?p=1263#comment-2264 "Nixon’s was an act of necessity. The Europeans, with more dollars than they needed or wanted, were coming to cash them in and clean out Fort Knox." Coming from Pat Buchanan, and in the context of his recent book and a later line in this essay, this line is striking. To put it in the form of a question, how was welching on our obligation 'necessary'? In The Unnecessary War, he argues for a nation, a power, such as Britain, gracefully accepting other powers on stage even to the point of exiting. The analogy to America is clear enough there: be more modest in foreign affairs, tend more to our own garden. But later in this essay, Buchanan writes, "American unipolarity, which all professed to abhor, is indeed at an end." That dependent clause suggests all should not have abhored American unipolarity. But why wouldn't people hate getting screwed over and pushed around by a profligate, bullying America? Powerplays that screw over others is far from grace. Thus describing Nixon's closure of the gold window as necessary makes sense from a nationalistic perspective, but why should we expect Euro's and others to buy into that storyline? We shouldn't. Buchanan sounds like a neocon here. “Nixon’s was an act of necessity. The Europeans, with more dollars than they needed or wanted, were coming to cash them in and clean out Fort Knox.”
Coming from Pat Buchanan, and in the context of his recent book and a later line in this essay, this line is striking.
To put it in the form of a question, how was welching on our obligation ‘necessary’? In The Unnecessary War, he argues for a nation, a power, such as Britain, gracefully accepting other powers on stage even to the point of exiting. The analogy to America is clear enough there: be more modest in foreign affairs, tend more to our own garden. But later in this essay, Buchanan writes, “American unipolarity, which all professed to abhor, is indeed at an end.” That dependent clause suggests all should not have abhored American unipolarity. But why wouldn’t people hate getting screwed over and pushed around by a profligate, bullying America? Powerplays that screw over others is far from grace.
Thus describing Nixon’s closure of the gold window as necessary makes sense from a nationalistic perspective, but why should we expect Euro’s and others to buy into that storyline? We shouldn’t. Buchanan sounds like a neocon here.

]]> By: Economy Issues: Bailouts, Bretton Woods, Gold — Letters from the Perilous Realm http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2261 Economy Issues: Bailouts, Bretton Woods, Gold — Letters from the Perilous Realm Fri, 14 Nov 2008 11:59:20 +0000 http://www.amconmag.com/blog/?p=1263#comment-2261 [...] Buchanan has a helpful post at The American Conservative summarizing the last century of international relations on the [...] [...] Buchanan has a helpful post at The American Conservative summarizing the last century of international relations on the [...]

]]> By: Jason http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2259 Jason Fri, 14 Nov 2008 10:02:04 +0000 http://www.amconmag.com/blog/?p=1263#comment-2259 This is indeed the beginning of a new era. The U.S. has become weary as the world's lone superpower. http://rightklik.blogspot.com/ This is indeed the beginning of a new era. The U.S. has become weary as the world’s lone superpower.
http://rightklik.blogspot.com/

]]> By: Bretton Woods Comeback Puts U.S. Sovereignty At Risk :: Liberty Maven http://www.theamericanconservative.com/blog/2008/11/13/bretton-woods-wont-make-a-comeback/comment-page-1/#comment-2255 Bretton Woods Comeback Puts U.S. Sovereignty At Risk :: Liberty Maven Fri, 14 Nov 2008 06:14:37 +0000 http://www.amconmag.com/blog/?p=1263#comment-2255 [...] Buchanan argues against the talk of Bretton Woods making a comeback in his latest commentary posted on The American Conservative blog. After going through the history [...] [...] Buchanan argues against the talk of Bretton Woods making a comeback in his latest commentary posted on The American Conservative blog. After going through the history [...]

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