The Financial Times is reporting that the Republican platform to be unveiled in Tampa next week calls for establishing a commission to examine whether the United States should go back on the gold standard. The theory behind this antiquarian fantasy, much loved by Ron Paul and his cult, is that by de-linking the dollar from the value of gold—a move begun by President Franklin Roosevelt in 1933 and completed by President Richard Nixon in 1971—America’s leaders have debased our currency and loosed the genies of inflation, since the Federal Reserve can print as many dollars as it likes.
Another day, another survey charting the decline of the American middle class. Yesterday, the Pew Research Center weighed in with “The Lost Decade of the Middle Class,” to which they appended the kicker, “Fewer, Poorer, Gloomier.”
The custom, I know, is not to speak ill of the recently dead, but it’s not a custom to which I’ve invariably adhered. Ronald Reagan’s death evoked so many hagiographic tributes I felt compelled to write a Washington Post column noting the damage he’d done to his country and to the liberal values that, when honored, made his country great.
Tiny Sandford was a very big guy (6’5”, around 300 pounds) who played small parts in 1920s and '30s comedies—Laurel and Hardy’s in particular. Perhaps his best known role is that of the cop in the Laurel and Hardy classic Big Business, a brilliant comedy supervised by Leo McCarey, who was later to direct the Marx Brothers’ Duck Soup and other notable films.
This past weekend, American journalism commemorated the 100th birthday of one the nation’s greatest songwriters, Woody Guthrie. Many of the articles noted that Guthrie’s universally known national counter-anthem, “This Land is Your Land,” was written as a rebuttal of sorts to Irving Berlin’s “God Bless America.” America had too much squalor, too much disparity of wealth, Guthrie believed, to be thought of as blessed, and his song includes a seldom-sung verse identifying “private property” as the culprit.
What’s far less known is that Guthrie was the second songwriter to have a critical take on “God Bless America.” The first, Harry Ruby, actually delayed its release for 20 years.