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Old 02-12-2010, 11:33 AM
 
6,084 posts, read 6,048,136 times
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Paul Volcker, the man who, under the Regan administration, is widely credited with bringing down double digit inflatation to under 4% is trumpheting his Volcker Rules.

Now he is working on President Obama's economic team. Why isn't this economic titan from the Great Reagan era not being supported by the current crop of right wingers?

 
Old 02-12-2010, 11:36 AM
 
Location: the very edge of the continent
89,060 posts, read 44,866,510 times
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Quote:
Originally Posted by kovert View Post
Paul Volcker, the man who, under the Regan administration, is widely credited with bringing down double digit inflatation to under 4% is trumpheting his Volcker Rules.

Now he is working on President Obama's economic team. Why isn't this economic titan from the Great Reagan era not being supported by the current crop of right wingers?
Ask Obama why Volker wasn't nominated for Fed Chairman instead of Bernanke? Get back to us with your answer...
 
Old 02-12-2010, 11:37 AM
 
6,084 posts, read 6,048,136 times
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Quote:
Originally Posted by InformedConsent View Post
Ask Obama why Volker wasn't nominated for Fed Chairman instead of Bernanke? Get back to us with your answer...
Now who's not answering direct questions, deflecting and veering off topic!
 
Old 02-12-2010, 11:39 AM
 
Location: the very edge of the continent
89,060 posts, read 44,866,510 times
Reputation: 13718
Quote:
Originally Posted by kovert View Post
Now who's not answering direct questions, deflecting and veering off topic!
Is the topic not Volker, the Economic Giant?
 
Old 02-12-2010, 12:02 PM
 
6,084 posts, read 6,048,136 times
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Quote:
Originally Posted by InformedConsent View Post
Is the topic not Volker, the Economic Giant?
Once again, I will spell out the point of this thread for you.

Paul Volcker is economic titan from the Regan era that is widely credited with reducing double digit inflation to under 4%.

The fact that he is on President Obama's team shows how non-ideologically dogmatic Obama is on working with people who offer SOLUTIONS.

At the Tea Party convention, Mrs. Palin mentioned Reagan as one of the right wing's greats.

Volcker has a set of proposals, known as the Volcker Rules that Obama has been pushing to implement.

One would think given Volcker's experience and record, more Republicans would be at least willing work on implementing at least some of the proposals. Has this Reagan era great even been interviewed on Limbaugh, Beck or any Fox News affiliate?

If this is not so, given the high prestige of Reagan among the current crop of right wingers, this is somewhat perplexing, IF they are indeed truly about SOLUTIONS AND PROBLEM SOLVING.
 
Old 02-12-2010, 12:03 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,452,394 times
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Quote:
Originally Posted by kovert View Post
Now who's not answering direct questions, deflecting and veering off topic!

He basically did, ask OBAMA, see what he tells ya, or what he makes up!
 
Old 02-12-2010, 12:09 PM
 
5,715 posts, read 15,048,783 times
Reputation: 2949
Quote:
Originally Posted by kovert View Post
Once again, I will spell out the point of this thread for you.

Paul Volcker is economic titan from the Regan era that is widely credited with reducing double digit inflation to under 4%.

The fact that he is on President Obama's team shows how non-ideologically dogmatic Obama is on working with people who offer SOLUTIONS.

At the Tea Party convention, Mrs. Palin mentioned Reagan as one of the right wing's greats.

Volcker has a set of proposals, known as the Volcker Rules that Obama has been pushing to implement.

One would think given Volcker's experience and record, more Republicans would be at least willing work on implementing at least some of the proposals. Has this Reagan era great even been interviewed on Limbaugh, Beck or any Fox News affiliate?

If this is not so, given the high prestige of Reagan among the current crop of right wingers, this is somewhat perplexing, IF they are indeed truly about SOLUTIONS AND PROBLEM SOLVING.
That's because the Republican Party is not about finding solutions and problem solving...

They are about protecting the interests of corrupt big corporations,...

They care nothing about working together.

They are about keeping things the way they are - by any means necessary.

They've earned the title obstructionist.
For the Republican Party, obstruction is a fact of life and their mode of operation.. it's not an empty label.
 
Old 02-12-2010, 12:13 PM
 
Location: Highland, CA (formerly Newark, NJ)
6,183 posts, read 6,078,382 times
Reputation: 2150
Elementary my dear. Anything Obama endorses the current right will oppose. The guy could say cancer is bad and there'd be pundits on the right and people in here saying he's wrong.
 
Old 02-12-2010, 12:17 PM
 
Location: the very edge of the continent
89,060 posts, read 44,866,510 times
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Quote:
Originally Posted by twista6002 View Post
Elementary my dear. Anything Obama endorses the current right will oppose. The guy could say cancer is bad and there'd be pundits on the right and people in here saying he's wrong.
Not true. Many would have supported Volker for Fed Chairman. A cursory Google search reveals this very right-wing blog that calls for it:
Draft Paul Volcker as Fed Chairman! » Spengler | A First Things Blog

Why wouldn't Obama nominate Volcker? Why are we stuck with Bernanke?
 
Old 02-12-2010, 12:20 PM
 
5,715 posts, read 15,048,783 times
Reputation: 2949
Quote:
Originally Posted by twista6002 View Post
Elementary my dear. Anything Obama endorses the current right will oppose. The guy could say cancer is bad and there'd be pundits on the right and people in here saying he's wrong.
Yep. It's really that simple.

According to those on this board who represent the right,

"being fat is good for our children and you can't prove that there's a connection with obesity and other health issues...."

It doesn't matter to the Republicans that our economy is at a standstill and people are out of work....
it seems that they want things to stay bad so they can point their fingers at the present administration and say "where are the jobs?"

The Republican party doesn't care about anything but power.
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