Wednesday round up: Tamny on Operation Twist; Reynolds says Marx would oppose Keynesian spending; Pethokoukis, Limbaugh, and O'Grady discuss Christie.

From RCM, John Tamny explains that the Fed’s Operation Twist doesn’t change the facts of production.

At The Daily Caller, Alan Reynolds notes Karl Marx opposed Keynesian-style stimulus.

In The Intercollegiate Review, Lew Lehrman outlines the problems caused by the floating dollar.

On The Kudlow Report, James Pethokoukis and Stephen Moore discuss Gov. Chris Christie (NJ) and Herman Cain:

 

In The WSJ, Charles Schwab advocates dropping tax hikes and government spending stimulus in favor of eliminating “all hurdles that create disincentives for investment in business.”

At Cato, Steve Hanke suggests Basel III’s higher capital/asset ratios may cause another market crash.

From First Trust, Brian Wesbury and Robert Stein argue gold’s sharp fall indicates tighter monetary policy and is good for the economy.

The WSJ reports US Rep. Paul Ryan’s (WI) new health care reform proposal to replace Obamacare.

From The WSJ, Mary Anastasia O’Grady says Chris Christie’s big speech last night was reminiscent of Reagan:

 

On his radio show, Rush Limbaugh expresses skepticism of Christie, saying he hears John McCain in some of his comments.

From NPR's Marketplace, David Frum disses gold and calls for more quantitative easing. His blog features several negative commentary on gold.