Reagan insider: 'GOP destroyed U.S. economy'

Quote from Streambase:

Does anyone else think its funny that when a market is up .02% the headlines say " market is extending huge gains" but when its down 2.2% the headlines say " market barely hinting at signs of slowing". Its like i cant even go by the headlines anymore, i gotta skip the big font on top and skim straight to the actual numbers to make my own opinion.

This is nothing new.
 
You can't argue with monkeys. When will you people learn.



Quote from piezoe:

I'd like you to rethink the statement, "...peace simply does not pay." It seems all the hard evidence suggests that it does pay, and pay very well. (I don't think you'll find much poverty in Switzerland, except among the Turkish street sweepers the Swiss import to do their dirty work.) On the other hand there is a plethora of evidence showing that a war economy can not be sustained except by great sacrifice, and will not produce a sustainable and healthy economy in the long run. For example, past borrowing from the U.S. social security system to pay for wars now threatens the soundness of the system, because there is no money, other than that which is newly created out of nothing, to repay the system. (The problem with medicare is of an entirely different nature not related to that of social security and wars. Thus I find it bothersome that these two problems are often incorrectly conflated.)

It is true that U.S. recessions have often ended in involvement in yet another war, and this is a likely genesis of the false idea that wars breed economic prosperity. Of course, that idea is utter nonsense. But it is not nonsensical to recognize that the profits of the military industrial complex require a high level of fear. The most effective weapon in their lobbyists' arsenal is fear, and they are at the same time chief exponents of the absurd idea that wars breed economic prosperity!
 
Quote from xtraderbrokers:

The number one thing Republicans did was ease trade restrictions. The number two is start the war in Iraq. Do what Reagan did and just bomb the he-ll out of them. We can recover if we just pull out of wars. War on terrrorism, what a joke. Just like Vietnam was a war to stop communism and our drug war that prevents drugs LOL LOL. If Israel is attacked then we can help defend them. At least they don't hate our guts if we help them. Cut Spending and elimInate waste. i heard Obama is spending big bucks to study ants, etc. Spend money on stem cell research to cure people to eliminate disease and cut costs. A professor at Cleveland State discovered a chemical that cures cancer. Thats the last you'll hear about it for 10 years while people die! We supress technology for greed and misery on America. No wonder states want to separate from this country. Cut the spending and funding of pork and crony jobs. Give people back a quality of life and a modest living.

Man, don't wait for some political entity to pull you out of the mess, just do it.... eat organic, exercise, learn Tai Chi, grow legacy veggies... learn to game the debt system even if that is your cup of tea... get out of debt at any cost, etc... just do everything you want to do as well as you can, these politicians are never going to solve anything, they are bought and paid to screw things up...
 
Quote from jagadish:

"If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." --Reagon

I like this quote.

It's Reagan, not Reagon. It's in the title of this thread, for those who can read.

The 2 letters aren't even near each other on the keyboard so there is no fat finger excuse here.

And the actual quote, not just some snippet:

"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

Other notable Reagan quotes on his view of big government:

Government does not solve problems; it subsidizes them.

Man is not free unless government is limited.

Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.


And a rather topical for today's political environment:

Government's first duty is to protect the people, not run their lives.
 
"Government's first duty is to protect the people, not run their lives."

In order to get elected in 1980, Ronnie invited J. Falwell and the rest of the social conservatives into the republican party which is in direct conflict with the above statement.

He also ran up the national debt with his trickle down economics.

(Point being: He talked out of two sides of his ass)
 
Thomas Jefferson said in 1802: "I believe that banking
institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of
their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property - until their children wake-up homeless on the continent their fathers conquered."

I'm pretty sure that TJ - if he were alive today - would be neither a republican nor a democrat. Neither would he be a politician. The leaders of today and tomorrow wouldn't be seen dead in a political party and probably not in any other established structure either.

JMO
 
Was going to say something but it's not worth the effort. Oh what the hell.
Politicians take our money and give it to corporations who then give some of it to the politicians campaign funds and some of it to lobbyists to influence politicians they have already bought.
Great system!
 
Quote from JamesL:

It's Reagan, not Reagon. It's in the title of this thread, for those who can read.

The 2 letters aren't even near each other on the keyboard so there is no fat finger excuse here.

And the actual quote, not just some snippet:

"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

Other notable Reagan quotes on his view of big government:

Government does not solve problems; it subsidizes them.

Man is not free unless government is limited.

Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.


And a rather topical for today's political environment:

Government's first duty is to protect the people, not run their lives.

The funny thing is Reagan tripled the size of the debt and pushed through massive spending increases. Also, China received permanent WTO status under G. W. Bush.
 
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