Comments about ‘GOP businessman Richard Martin running for governor, campaigns on storing food and gold’

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Published: Tuesday, March 2 2010 12:00 a.m. MST

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Go Martin!

I like what I see, and I'm looking forward to getting to know you. You have a tough battle ahead, but don't give up!

Uh

Who are you? And how are you a Republican? The state buying food supplies for all of Utah is not limited government. The expense of that, at just a cost of $2 a day per person, 3 month supply for every Utahn, rotated every 3 months for freshness, is in the area of $400 million per year range. Even just rotating the supply once a year would be $100 million, and that doesn't include storage and administration. What a joke.

United Airlines

Doesn't he need to pay United Airlines for the use of their logo on his campaign signs?

Kelly

Uh . . . the Great Depression was exacerbated because countries currencies were tied to gold and their central banks couldn't see past the ends of their noses that the gold standard was strangling their economies! Once they realized the error of their ways and reluctantly went off the gold standard it was too late. Yet another politician that has no clue.

The Great Depression

Looked into it some more Kelly. The stock market crash and Great Depression had nothing to do with gold. What happened was there was a speculative boom in the 1920's (Roaring 20's anyone?), which caused millions of Americans to invest heavily in the stock market. $8.5 billion dollars was let out on loan, and eventually, the whole system collapsed. In one week, the nation lost $30 billion (a incredibly amount of money for its day. It would be like us losing at least $300 billion in our reserves in one week).

As well, a gold standard leads to inflation, which in turns devalues your currency. This happens due to a lack of a gold standard. This in the end results in your nation becoming poor as your currency no longer has value, because it no longer has gold backing.

Yet another commentator who has no clue.

The only reason I'm in defense here is that I hate when people throw around "facts", yet ignore the facts. I'm not even sure if I'd vote for Mr. Martin, but let's see what he has in store before you judge the man.

Final Depression Comment

Finally, the Great Depression was not caused by gold standards. It was caused by the huge amounts of poor investments that resulted in monumental losses of currency. It caused a ripple effect around the world, and ultimately crashed the entire system.

If it was indeed caused by gold standards, I would openly look into any article that stated so.

But this is all besides the point. Martin isn't talking about creating a gold standard anyway. Just investing in gold, which could actually make him turn out to be a genius if it worked out... and we'd all be calling for his re-election it actually does so.

Also, two more comments. One, his logo looks nothing like the United Airlines logo. I looked it up. Dumb comment.

Two, the food reserve. Where did he state in this article and his website that he would spend $2 dollars a day for each individual. Don't make up the dude's policies for him. Let's see what his plan is to implement it first, then we'll judge.

I call for reason, not hasty opinions that lack the basis of well researched thought. That's my say.

UAL

@United Airlines. The logo he's using on his campaign website/signs, etc. is not United Airlines logo.

Arm Chair Economists

...go read a book. None of you know how the Great Depression started or how it was exacerbated. Either read a book or go take a class. Gold was worth over $600 per ounce in 1980-1981 it was worth $300 per ounce in 2000 - sounds like a winning long term investment strategy. Where do these people come from?

Good to see a Business Man here

It is about time to have someone with strong ideas and the balls to back it up. I am ready to see the follow through of Mr. Martin, if all he says and visions to be true.
Its accountability time and if Mr. Martin is bringing it to the table of politics I say.. let's roll.

for serious?

Did anyone else notice the plans on his website for European town signs and license plates? What a waste. And, flaunting your trips to Europe probably isn't the best way to win over voters.

to Arm Chair Economists

Mostly from economics and finance classes. When there is no gold standard, and the government is free to print all the money it wants, of course gold is not going to be a good investment. The government (specifically the Fed) holds all the power when there's no standard for currency.

Bing

Just another nut saying one thing and doing another. Herbert ain't perfect, but he sure would be better than this yahoo.

But, really, isn't it time to seperate the state from GOP supremacy?

I'm voting for Peter Corroon, Sam Granato, and Jim Matheson. It's time for a flip.

Anonymous

What is a "financial broker"? Is he a stock broker? Does he sell commodities? Is he licensed?

response to for serious?

Um...that's not a serious topic and just an additional idea. His ideas are forward thinking and are DIFFERENT. I think that sounds like a good idea to me-something different from the same old same old!

response to anonymous

financial broker is licensed to sell financial products--usually is not a commodities dealer.

Let me guess

As a "financial broker" he encourages and makes money off of people investing in gold.

Way to exploit our political system by running a hopeless campaign in an effort to drum up business.

Interesting strategy--perhaps even arguably within the definition of "the American way", but somehow I think this would make the Founding Fathers roll over in their graves.

PCTEDS

Fresh perspective, financial savvy and new ideas, are always welcomed! Especially these days...
Best of luck Mr. Martin!!!

@response to anonymous

I know of no term "financial broker." I know of stock brokers and financial advisers and investment advisors and commodities brokers and real estate brokers . . . but what does this guy do? A Google search of his name does not link to his business. I distrust people who say they have made millions helping others invest their money. I want to know more about this guy's business before I consider him for Governor.

Let ME guess

All of the positive comments are either Martin's family or Martin himself. Just saying.

Oh Please

Not gold, Diamonds! That's it! I have some investment grade diamonds you might be interested in! You'll never lose money on diamonds! Nobody ever has! Any takers? (Don't look so closely at that diamond... you'll damage it with your eyeballs...)

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