Sen. Marco Rubio Calls for "Predictable Monetary Policy"

[stu2002]

Sound monetary policy would also encourage middle class job creation. The arbitrary way in which interest rates and our currency are treated is yet another cause of unpredictability injected into our economy. The Federal Reserve Board should publish and follow a clear monetary rule to provide greater stability about prices and what the value of a dollar will be over time.

http://www.humanevents.com/wp-content/uploads/2012/12/marco_rubio_iowa_ap_636-620x243.gif

Getting control of the debt, reforming taxes and regulations, growing our energy industry, and predictable monetary policy are five concrete things the government can do to help our economy create new middle class jobs. But if the higher wages people make at these jobs is offset by an increase in the cost of living, we are just running in place.

http://www.humanevents.com/2012/12/04/full-text-of-sen-marco-rubios-remarks-at-jack-kemp-leadership-dinner/

[ronpaulfollower999]

Provide greater price stability? Sounds like a code word for price controls.

[CaptUSA]

Two points to take away from this.

1. We are winning the conversation. They are beginning to understand that they have to address our issues.
2. They will try to co-opt and pervert our issues to fit their own agenda. The Rubio handlers are still trying to kill the real Tea Party.

[Bruehound]

He is willfully ignorant of the fact that the only thing "predictable" about central banking is its collapse.

[sailingaway]

"predictable"?

fail.

[stu2002]

Provide greater price stability? Sounds like a code word for price controls.

Good point

[Matt Collins]

"predictable"?

fail.Exactly. Our money is already predictable, it's GOING DOWNWARD!

[Brian4Liberty]

Sound monetary policy would also encourage middle class job creation. The arbitrary way in which interest rates and our currency are treated is yet another cause of unpredictability injected into our economy. The Federal Reserve Board should publish and follow a clear monetary rule to provide greater stability about prices and what the value of a dollar will be over time.


In other words, the phony conservative Rubio is just restating the current Federal Reserve dual mandate. He does not want any change.

Rubio is noticeably absent every time that real action is taking place (by Senators like Rand Paul, Mike Lee and Jim DeMint).

Rubio is more and more like Obama every day. He goes out and gives a speech with the best talking points that money can buy (via Frank Luntz-style polling), and then does nothing. He is a salesman. An empty suit.

[compromise]

So Rubio doesn't have any actual suggestions? He isn't introducing or cosponsoring any sound money bills?
Until he actually does anything it's all empty words.

[tttppp]

Sound monetary policy would also encourage middle class job creation. The arbitrary way in which interest rates and our currency are treated is yet another cause of unpredictability injected into our economy. The Federal Reserve Board should publish and follow a clear monetary rule to provide greater stability about prices and what the value of a dollar will be over time.

http://www.humanevents.com/wp-content/uploads/2012/12/marco_rubio_iowa_ap_636-620x243.gif

Getting control of the debt, reforming taxes and regulations, growing our energy industry, and predictable monetary policy are five concrete things the government can do to help our economy create new middle class jobs. But if the higher wages people make at these jobs is offset by an increase in the cost of living, we are just running in place.

http://www.humanevents.com/2012/12/04/full-text-of-sen-marco-rubios-remarks-at-jack-kemp-leadership-dinner/
.
That's a nice start if he is serious.

[CaptUSA]

That's a nice start if he is serious.He says whatever his handlers tell him to say. It has nothing to do with seriousness. He's just positioning. Like I said in my earlier post, though, it does mean something that he's positioning in this manner.

[SpreadOfLiberty]

Provide greater price stability? Sounds like a code word for price controls.No, its actually a monetarist position, which is far better than the Keynesian alternative but still not great.

I will say that predictability is better than unpredictability if given the choice.

[Tod]

Exactly. Our money is already predictable, it's GOING DOWNWARD!

Exactly what I was thinking. It IS predictable. That doesn't make our monetary policy good, however.

[paulbot24]

Bankruptcy is usually predictable.

[kahless]

Two points to take away from this.

1. We are winning the conversation. They are beginning to understand that they have to address our issues.
2. They will try to co-opt and pervert our issues to fit their own agenda. The Rubio handlers are still trying to kill the real Tea Party.


He says whatever his handlers tell him to say. It has nothing to do with seriousness. He's just positioning. Like I said in my earlier post, though, it does mean something that he's positioning in this manner.

^This is pretty much what I think whenever I hear anything about Rubio. It is going to be an up hill battle to expose this and promote one of our own.

[tttppp]

He says whatever his handlers tell him to say. It has nothing to do with seriousness. He's just positioning. Like I said in my earlier post, though, it does mean something that he's positioning in this manner.

My fear is that its all talk and our problems will eventually be blamed on sound monetary policy.

[nobody's_hero]

I can't think of anything more predictable than the Federal Reserve announcing it was going to bail out AIG, seeing 'investors' go out and 'invest' in AIG, and then netting a profit based not on market analysis, but rather based on who Bernanke pointed his finger at. If only the lottery were this predictable.

[supermario21]

We need to make sure all these faux-conservatives get called out when Rand questions their sincerity. We have to take ownership of these positions and not let the fakes steal them from us.