"Fiat money is backed by men with guns; Bitcoin is not. So why should this thing have any value?"--Uber statist economist Paul Krugman.
Now if only they could figure out that the words Conservative and Republican are not interchangeable. And that the Republican Party is composed of many factions, most of which are neither conservative nor libertarian.
Conservatism which by definition is looking backwards, can only occur and only is a viable political option, when things are good. If the opposition is making great gains as it did following 7 decades of implementing the New Deal, the only option a conservative has, is to say, .. remember when things were better...Conservatism eventually had to die from itself. After it comes into power, it begins tearing down all the props that made things so great, eventually things aren't so great anymore... Then when Conservatives say... "remember when"... people do remember and they remember that things were much better before conservatives came into power... That is the problem with conservatives today... we do remember that they really messed things up...
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