Federal Reserve Bailout of AIG

It should come as no surprise that I am opposed to the latest bailout of AIG.  So far it will cost $85 billion.  The final cost is not yet known.  Nationalism, socialism, and communism as guiding policies for our economy have far reaching consequences.  Today the DOW dropped 447 points.  Oil and gold soared on investor fears.  Real assets like oil and gold will be worth more than the Federal Reserve Monopoly Money being printed now.  Watch gold and oil continue to increase as inflation and dollar weakening intensifies.  This is a great opportunity to examine our monetary system, and the merits of the gold standard (which our founding fathers constitutionally mandated after their disastrous experience with the paper based Continental Dollar).  There are smarter and more eloquent proponents of this ideal than I am.  One of them is Ron Paul, who was on Cavuto today.  See the clip below.