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How adorable lobbing personal insults when you have nothing backing you up. I'm not opening some memory hogging PDF but thanks for showing right wing true colors in the face of truth against their cult of personality leader
I wouldn't want you to have to download .765 MB
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On March 31, 1980, President Carter signed into law the Depository Institutions Deregulation and Monetary Control Act of 1980, the most important federal legislation relating to the financial community since the 1930s. The act has nine titles covering a wide range of subjects, including reserve requirements, access to and pricing of Federal Reserve services, a phaseout of Regulation Q and new powers for thrift institutions.
I think Reagan was contextually charmed in the sense of being precisely the right person in the right place at the right time.
There was a profound malaise over the land, the product largely of an overseas crisis (American hostages held in Iran for 444 days), a sick economy ("stagflation", unemployment, "misery index"), and plain old Carter fatigue, with the Cold War still going although at the time overtaken by the above events.
Reagan brought the hostages home, reversed the sick economy (which boomed during his second term), made Americans feel good about our country, and ultimately brought the Evil Empire and Cold War to an end.
Started what? Deregulation? Please enlighten us oh great one...
If you are unaware of Reagan's hallmark economic policies undertaken with his buddy, Milton Freedman, at his ear -- well, I am quite sure this is not your incarnation for attaining enlightenment.
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Originally Posted by Mr. Joshua
The real question is: Why did the Democrats idolize him?
That is indeed one of our nation's history's most puzzling questions ...
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Originally Posted by freemkt
I think Reagan was contextually charmed in the sense of being precisely the right person in the right place at the right time.
There was a profound malaise over the land, the product largely of an overseas crisis (American hostages held in Iran for 444 days), a sick economy ("stagflation", unemployment, "misery index"), and plain old Carter fatigue, with the Cold War still going although at the time overtaken by the above events.
Reagan brought the hostages home, reversed the sick economy (which boomed during his second term), made Americans feel good about our country, and ultimately brought the Evil Empire and Cold War to an end.
Pretty neat bag of tricks there.
Pretty neat bag of tricks that were based on illusion -- as "tricks" tend to be. That the Evil Empire / Cold War collapsed during Reagan's terms was entirely coincidental ... not a result of ANY brilliant work on the part of Reagan, whatsoever. Those issues were primed for failure and headed for collapse regardless. Hint: study history.
As for making Americans "feel better" ... yes, make the audience laugh at the show and squeal with delight. Quite like soothing your depression by eating copious quantities of rum-spiked ice cream and cake -- and then having your health spiral into breakdown as a result of the destructive habits created. A.K.A. deregulation, trickle-down economics (thanks, Uncle Milty!), and gifting the future to the uber-wealthy.
President Reagan instituted monetary policies (borrow instead of Taxing our own wealthy) that has resulted in our nation being indebted to a major economic competitor intent on destroying all of our manufacturing capacity. Thank you Ronnie Raygun.
If you are unaware of Reagan's hallmark economic policies undertaken with his buddy, Milton Freedman, at his ear -- well, I am quite sure this is not your incarnation for attaining enlightenment.
Look how liberal it was of you to completely ignore this post:
That is indeed one of our nation's history's most puzzling questions ...
To people who love deluding themselves and love being intellectually dishonest.
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Originally Posted by nullgeo
Pretty neat bag of tricks that were based on illusion -- as "tricks" tend to be. That the Evil Empire / Cold War collapsed during Reagan's terms was entirely coincidental ... not a result of ANY brilliant work on the part of Reagan, whatsoever. Those issues were primed for failure and headed for collapse regardless. Hint: study history.
Study history? Maybe you should be the one studying history. You can start with NSDD 32 and 75. If you'll actually read those, things like this:
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The American brought a shiny, detailed Kalashnikov rifle. Its stock featured a brass plaque saying that the weapon had been taken from the body of a Russian officer.
''Mr. Casey might as well have been giving the keys to the Kingdom of God itself,'' Mr. Horan wrote. ''The king rose, flourished the weapon, and struck a martial pose.''
As for making Americans "feel better" ... yes, make the audience laugh at the show and squeal with delight. Quite like soothing your depression by eating copious quantities of rum-spiked ice cream and cake -- and then having your health spiral into breakdown as a result of the destructive habits created. A.K.A. deregulation, trickle-down economics (thanks, Uncle Milty!), and gifting the future to the uber-wealthy.
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The U.S. economy experienced substantial turbulence during the Reagan years despite favorable general economic conditions. This was the "creative destruction" that is characteristic of a healthy economy. At the end of the Reagan administration, the U.S. economy had experienced the longest peacetime expansion ever. The "stagflation" and "malaise" that plagued the U.S. economy from 1973 through 1980 were transformed by the Reagan economic program into a sustained period of higher growth and lower inflation.
William A. Niskanen is chairman of the Cato Institute and was a member of President Reagan's Council of Economic Advisers from 1981 to 1985.
Reagan was brilliant both on foreign and domestic policy. On domestic policy, he was the best at controlling spending of any president since Ike, which came out in the recent dustup over the bogus claims from Obama spokeskid Jay 'pinocchio' Carney. He did borrow to finance a defense buildup, but he did get a worthwhile, to say the least, result out of it.
On foreign policy, he won the cold war without firing a shot and freed millions behind the iron curtain from a murderous, enslaving nightmare. You can say that the communist empire would have collapsed anyway, except that virtually none of the 'experts' predicted that in the 1980's. Only Reagan predicted it, and made it happen.
Ask Obama why he likes Reagan.....
Ask obama why he hates Reagan....
Ask Obama why.........
"Mon, 2011-01-24 12:10 In an article published in USA Today, President Obama praises President Ronald Reagan as a man with a "unique ability to inspire others to greatness." Obama also says of Reagan that "there is no denying his leadership in the world, or his gift for communicating his vision for America." The late president, Obama continues, "understood that it is always 'Morning in America.' That was his gift, and we remain forever grateful." Obama's view of Reagan today is far different from the discussion of Reagan in Obama's 1995 autobiography Dreams From My Father. In that book, Obama says his strong feelings about the Republican president were part of the reason he decided to become a community organizer. "When classmates in college asked me just what it was that a community organizer did, I couldn't answer them directly," Obama wrote. "Instead, I'd pronounce on the need for change. Change in the White House, where Reagan and his minions were carrying on their dirty deeds…"
1.Brought us out of the gloom that had doninted US since the Mid 60's and restored confidence by his leadership .
2. Brought ujs out of the recession that Carter couldn't handle and start us on 8% growth path.
3. Made people agian belive that Russia would not bury us as they had said.
4.Did what every president since WWII had sought and caused the collapse of the USSR and freedom of eastern Europe.
5. Created what democrats called the peace dividend that was used by Clinton to balance the budget.
6. Then turn the cheek and offered the cuts back in world nuclear arms to the Russian which they accepted.
7. By the time he was through even the old democrat speaker of the house from Boston(Forget his name) called him a friend and alot of democrats had started Democrats for Reagan in his second term.
8. Finally he never did anyhting personally to make anyone doubt that he was just what he said;an american who beleived in america and its people.
9.His confidence and love of country was infectious and he was the greatest president in my lifetime;IMO.
Just off the top of my head thinking quickly.
To bring this thread into the present; Reagan inherited an economy as bad or worse than what Obama inherited. He took action that worked, as opposed to Obama just paying back political allies. His ENORMOUS tax cuts took traction and caused the start of the greatest bull market in history, that lasted 18 years. The economy responded by growing 3 to 4 times as fast as Obama's economy.
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