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August 20, 2014

Nixon's Impact on the Modern World 1

It may come as a surprise to many, but the modern American President who has had the biggest impact on the contemporary world is almost certainly Richard M. Nixon, the least respected and the only one ever forced by his own dishonesty to resign.

Nixon did accomplish a lot in his six years in the White House, most of it was through ad-hoc measures that were not carefully thought out, but are still affecting us adversely. A good example was his unilateral decision to take the US off the gold standard, thus changing a multinational policy that had been adopted at the Bretton Woods Conference in New Hampshire in the immediate aftermath of World War Two and had been working reasonably well.

The consensus is that Nixon's move encouraged OPEC to raise oil prices and brought about the first "oil shock" in 1973. A second "oil shock" followed in 1978.

In 1971, Nixon tried to force North Vietnam to make concessions in Geneva by ordering the secret bombing of the Ho Chi Minh trail, a campaign that not only failed to discourage its use to transport supplies and reinforcements to South Vietnam, but left behind a plethora of unexploded anti-personnel weapons that continued to kill and maim children decades after America was forced to withdraw its forces in an ill-advised war.

Neverteless, Nixon's greatest crime against humanity should eventually be seen as the "War on Drugs" he committed us to with the Controlled Substances Act of 1970, a transparently dishonest piece of legislation that– unaccountably– continues to be enforced as both US and UN policy despite its universal record of failure and generally disastrous consequences.

For anyone who doesn't understand the futility and evil consequences of establishing illegal markets under police control, I can only recommend that they study the failure of the 18th Amendment and explain how its emulation has been either a success or good policy.

Doctor Tom

Posted by tjeffo at August 20, 2014 04:30 PM