Do We Have Enough Gold?

In “I love Gooooooooooold” by Brian Glover, Glover brings up the issue of the Federal Reserve and just how much our money is worth.  Click here for a full view of this blog. Although you cannot currently use gold as a direct exchange, Grover, like many Americans, believed that the paper money used for everyday purchases is backed up by real gold in the Federal Reserve.  Even though this is partially true, the amount of paper money far outweighs the value of gold in the Federal Reserve.  This creates many problems, such as inflation, in an already hurting economy.  Glover talks about all this in “I love Gooooooooooold”, and talks about the consequences this could have.  Glover, being just an average citizen, is a great example of who is affected by the problem facing the national gold supply and just when citizens need to get concerned.  

It is no secret that the United States economy is in trouble, and something needs to be done.  By creating a system on false exchanges, with no real gold to back up each purchase made, inflation will only continue to rise and soon there will be no way to reverse the problem.  If something is not done the value of the dollar will melt down, and as Glover quotes, soon citizens will be forced to find alternatives in exchanging goods. Glover does a good job in looking at the lack of gold issue as not just a concern of the government, but of all citizens.  If the government does not find a way to fix the problem, then citizens will be forced to pay for all resulting monetary problems.

How much power is too much?

After six people were killed on January 8, by a man using a gun with a large capacity magazine, Representatives Carolyn McCarthy (New York Democrat) and Frank Lautenberg (New Jersey Democrat) are fighting for the limit of magazines with a capacity of more than 10 rounds at one time.  The ban that previously limited magazine capacity expired in 2004 and was never renewed.  Although most states have placed bans on magazine capacity, states with strong advocates against gun control, such as Arizona, haven't as they see gun control as a limit on self-defense.

There are arguments for both sides.  Supporters of gun control, such as Kelly O’Brien and Ross Zimmerman who lost a fiance and son to the killer on January 8, say that ten rounds in a magazine are more than enough for self defense and any more than that is just giving killers more opportunities for tragedies. Opposers of gun control claim that the limit of magazine capacity imposes on the right to self-defense and in a way the right to bear arms.

All arguments have a point.  The government needs to find the equilibrium in which citizens feel protected by their ability to carry guns and by the limit of how dangerous the gun can be.  Overall I believe Congress should put some kind of ban on the magazine capacity of a gun.  Although I am a big supporter of minimum government involvement I believe that citizens have the right to know that someone cannot legally purchase or make a weapon to kill multiple lives without having to take time to reload, which would hopefully provide time to take the shooter down.

Even though there are other ways to carry out a mass murder, and people have rights to carry guns, it is in the best interest of all citizens to limit the amount of power maniacs are allowed to carry around in one weapon.  Of all things to put political attention on, national security is a topic the government should be involved in.  Any attack against United States citizens is terrorism, whether internal or not, and should be prevented at all reasonable costs.