JFK Legacy

This will fall on deaf ears but there are some things that JFK did that today would be Kool-Aid Drinker's heresy. He was ADAMANT to maintain the gold-dollar standard and engineered several means to protect it. His administration engineered the first Investment Tax Credit which was nothing short of brilliant in that it boosted small business development to the chagrin of Big Business philosophy. His operation TWIST was probably the most remarkable of his achievements. What it did was lower Long-Term interest rates while boosting Short-Term interest rates which pissed off the big NYC banks but bolstered small town banks; it reduced inflation to damn near zero and spurred long-term, capital investment while screwing the overnight securities market the 5 big banks were so fond of in raping Main Street. THE most impressive economic package ever produced, much less passed with flying colors. It was Richard Nixon who so carelessly and irresponsible destroyed the gold-dollar standard. It was NOT a democrat!