Thursday, January 10, 2008

LAD 19

The Populist Party platform, was written for a socialist organization knwon as the populist party. htey represented 1/3rd of the independant vote duuring the late 1800's. htey belived that industrialism was evil. This manifesto of their belifs just asked for unrigged elections, end of laizez faire, the beiginning of socialism among other things. To me it was a scary time when peole wanted thigns that the government oculdnt provide, becuase where is the governement gonna get money they dont have? This brand of socialists also had a probelm with the practical termination of silver backed currency. I would jsut like to remind that silver is way to flexible to back currency. in the comstock load alone 600 billion dollars worth of silver was found, think about how that would shake our currency and make it worth nothing if another large load was found.

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