yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
Red Hat
The Opening of Virtualization
User Environment Management – The Third Layer of the Desktop
Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Return on Assests: Bringing Visibility to your SOA Strategy
Managing Hybrid Endpoint Environments
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Today's Top SOA Links

Should the United States return to a gold standard? puts monetary policy debate back in spotlight

SANTA MONICA, Calif., Dec. 31, 2012 /PRNewswire-USNewswire/ -- Prior to 1971, the United States was on various forms of a gold standard where the value of the dollar was backed by gold reserves and paper money could be redeemed for gold upon demand. Since 1971, the United States dollar has been a fiat currency backed by the "full faith and credit" of the government and not backed by, valued in, or convertible into gold., a nonpartisan research organization devoted to critical thinking on controversial issues, debuts a brand new issue website,, and delves into the pros and cons of whether or not the United States should return to a gold standard.

Proponents of the gold standard, including Congressman Ron Paul (R-TX) and Steve Forbes, Editor-in-Chief of Forbes magazine, argue it provides long-term economic stability and growth, prevents inflation, and would reduce the excessive size of government. They say a gold standard would restrict the government's ability to print money at will, run up large deficits, and increase the national debt. They say the economy has historically performed best under a gold standard.

Opponents of the gold standard, including Nobel Prize-winning economist Paul Krugman and Federal Reserve Chairman Ben Bernanke, argue a gold standard would create economic instability and spur periodic economic deflations and contractions. They say a gold standard would hamper government's ability to stimulate the economy during recessions and financial crises. They say economists agree that the gold standard is a bad idea that has historically caused problems for the US economy.

In addition to in-depth research on the pros and cons of returning to a gold standard, the new website contains a historical background section, videos, images, over 100 footnotes and sources, and Did You Know? facts including:

  1. According to the World Gold Council, the total amount of mined gold that exists in the world weighs about 170,000 metric tons or 5.5 billion troy ounces. Melted across an NFL football field, it would rise 5.4 feet.
  2. As of 2012, the United States Treasury holds 261.5 million troy ounces of gold. At the current market price of gold ($1,662 as of Dec. 27, 2012) the total value of United States Treasury held gold is $434.6 billion.
  3. If the United States sold its entire gold reserves at market price, it would pay down 2.7% of the $16.3 trillion national debt. In order to cover the US national debt, the price of gold would need to be about $62,475 per troy ounce.
  4. On Apr. 5, 1933, President Roosevelt issued an executive order forbidding the private possession of gold. All gold coins, bullion, or certificates over $100 were to be turned in to the government and compensated at $20.67 per ounce. Personal gold jewelry and gold coins with numismatic value were exempted. The right to own gold was not restored until 1974.
  5. On Aug. 15, 1971, President Nixon announced that the United States would no longer back the dollar with gold reserves ending the last ties between the dollar and gold. Between 1971 and 2012 the US currency in circulation (M1) increased from $48.6 billion to over $1 trillion dollars.

The 47th website is sponsored by Teletrade (, an online coin and currency auction house since 1986.

For pros, cons, and related research on whether or not the United States should return to a gold standard, visit

About Us (online at is a 501(c)(3) nonprofit public charity whose mission is promoting critical thinking, education, and informed citizenship.  Information is presented on 47 different issue websites in subjects ranging from Obamacare, alternative energy, and medical marijuana to the death penalty, illegal immigration, and gay marriage. websites are free of charge and require no registration.  The websites have been referenced by over 700 media entities, cited 36 times by the governments of 11 countries (including 21 US states and nine US federal agencies), and used by teachers, librarians, and educators in over 3,300 schools in 50 countries and all 50 US states.

Media/Press Coverage of Includes

60 Minutes, ABC, Associated Press, Atlanta Journal-Constitution, BBC, Bloomberg, Business Week, CBS News, CNN, CNBC, Contra Costa Times, Dallas Morning News, Esquire, Forbes, FOX News, The Guardian, Houston Chronicle, Huffington Post, Los Angeles Times, Minneapolis-St. Paul Star Tribune, Mother Jones, NBC, New England Journal of Medicine, New York Times, The Oregonian, Orlando Sentinel, PBS, Reuters, Slate, USA Today, Washington Post, Wired, and many others.


CONTACT: Kambiz Akhavan, +1-310-587-1407


About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
When we talk about the impact of BYOD and BYOA and the Internet of Things, we often focus on the impact on data center architectures. That's because there will be an increasing need for authentication, for access control, for security, for application delivery as the number of potentia...
My favorite writer, Gil Press, sums it up with, “It’s Official: The Internet Of Things Takes Over Big Data As The Most Hyped Technology” where he talks about how Gartner released its latest Hype Cycle for Emerging Technologies, and how big data has moved down the “trough of disillusion...
Last week, I was a keynote speaker at the Mobile Edge '16 conference in Lisbon, Portugal. Following the conference I met individually with many different companies. These companies represented a variety of industries, sizes and digital maturity levels. I was sharing my latest digital ...
Ten short years ago, Apache Hadoop was just a small project deployed on a few machines at Yahoo and within a few years, it had truly become the backbone of Yahoo’s data infrastructure. Additionally, the current Apache Hadoop market is forecasted to surpass $16 billion by 2020. This mi...
COMED, my power company, sends out a monthly report that shows me my energy consumption relative to my neighbors. Every month I’m considerably higher than all my neighbors. This report also has a list of things I could do to reduce my energy consumption. The problem with this report is...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers