Taking this to the extreme, one might say that heaps of convertible gold
sitting in Ft. Knox would be even less likely to meddle than Mr. Greenspan.
There's an interesting asymmetry in the US Constitution: Article 1, Section 10
prohibits States from passing any bill of attainder, ex post facto law, or law
impairing the obligation of contracts. Article 1, Section 9 only prohibits
the federal government from passing any bill of attainder or ex post facto
law, but makes no mention of laws impairing the obligation of contracts.
Can anyone explain why (at least according to altavista) militia members seem
to be goldbugs? Maybe I'm stereotyping inaccurately, but one would expect
them to be on the paper money side of the issue.
-Dave