Reaganism: A failed theory

[Freemason]

Principle 5. Limited Government

Governments derive "their just powers from the consent of the governed" - (Declaration of Independence)

 

[rayboyusmc]

In this present crisis, government is not the solution to our problem; government is the problem. From time to time we've been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people.

It's funny but the last part about the elite group is just what the Leo Straus disciples were all about under the former "He Who's Name Is Not to Be Mentioned."

 

[Freemason]

It's funny that the government, the congress in general is bailing out failure and bitching about same while along "they" who are proven failures each year get an automatic increase.

 

[Sinatra]

Reagan was an enormous success.

Any deviation from that fact is unworthy of consideration...

 

[wihosa]

Excellent! All the righties are still clinging to the failed "theories" of Reagan.

Government is the problem, gov. is the problem, gov. is the problem ...

Keep repeating it until you believe it!

The demise of the Repubs.

 

[editec]

Excellent! All the righties are still clinging to the failed "theories" of Reagan.

Government is the problem, gov. is the problem, gov. is the problem ...

Keep repeating it until you believe it!

The demise of the Repubs.

Not to worry, Wihosa...nobody in the RNC believes that tripe.

That's just the hook they use to snag the ignorant fish who do.

Just like the DNC pretends to be on the side of the working people.

 

[wihosa]

Excellent! All the righties are still clinging to the failed "theories" of Reagan.

Government is the problem, gov. is the problem, gov. is the problem ...

Keep repeating it until you believe it!

The demise of the Repubs.

Not to worry, Wihosa...nobody in the RNC believes that tripe.

That's just the hook they use to snag the ignorant fish who do.

Just like the DNC pretends to be on the side of the working people.

Name someone in the Republic party that doen't believe in the voodoo economics of Reaganism. Anyone who says anything against the party line has to apologize to 'Boss' Limbaugh.

 

[Sinatra]

[ame=http://www.youtube.com/watch?v=PDw7HiLxXmc&feature=related]YouTube - Ronald Reagan Tells Bill Clinton to Shut up, LOL.[/ame]

 

[editec]

Excellent! All the righties are still clinging to the failed "theories" of Reagan.

Government is the problem, gov. is the problem, gov. is the problem ...

Keep repeating it until you believe it!

The demise of the Repubs.

Not to worry, Wihosa...nobody in the RNC believes that tripe.

That's just the hook they use to snag the ignorant fish who do.

Just like the DNC pretends to be on the side of the working people.

Name someone in the Republic party that doen't believe in the voodoo economics of Reaganism. Anyone who says anything against the party line has to apologize to 'Boss' Limbaugh.

George Bush I for starters.

He IS the man who coined the term to describe that goofy notion, you know?

 

[wihosa]

Not to worry, Wihosa...nobody in the RNC believes that tripe.

That's just the hook they use to snag the ignorant fish who do.

Just like the DNC pretends to be on the side of the working people.

Name someone in the Republic party that doen't believe in the voodoo economics of Reaganism. Anyone who says anything against the party line has to apologize to 'Boss' Limbaugh.

George Bush I for starters.

He IS the man who coined the term to describe that goofy notion, you know?

I do know. Funny thing is he continued the same policies for his whole term. So that makes Bush I even worse, pushing policies he didn't even believe in for political advantage.

Time for Repubs and righties to wake up.

 

[Sinatra]

[ame=http://www.youtube.com/watch?v=Czwe6-UCQ5E&feature=related]YouTube - Reagan, more relevant than ever![/ame]

 

[wihosa]

So the Repubs answer for our ills today is to replay Reagan's inaguration adress from twenty eight years ago. And if any you Repubs don't agree, get on your knees and kiss 'Boss" Limbaugh's ring.

This is why the Republic party can not govern, they don't believe in governemnt.

 

[Sinatra]

[ame=http://www.youtube.com/watch?v=YtYdjbpBk6A&feature=related]YouTube - Reagan at Brandenburg Gate - "tear down this wall"[/ame]

 

[Freemason]

So the Repubs answer for our ills today is to replay Reagan's inaguration adress from twenty eight years ago. And if any you Repubs don't agree, get on your knees and kiss 'Boss" Limbaugh's ring.

This is why the Republic party can not govern, they don't believe in governemnt.

Thanks goodness because the current government doesn't believe in the people or free market to right itself... the government should and is the only one who can according to them.

 

[born rich]

Tax cuts can cut many way.

Some speculate that the Bush tax cuts created too much income on top, in search of great returns. Wall Street didn't know what to do with all the extra cash (the global pool of money doubled in a short time). Unfortunately, Wall Street decided to create a whole line of bogus derivatives, swaps, and hedges -- they used bad mortgages to invent great returns. This is what happens when too much home-run money goes chasing after too few products.

If the middle class had that money, they would have used it to by consumer goods and drive the economy (trickle-up wealth). Instead the wealthy gambled it away and created a black hole that will suck down generations of Americans. (See Moral Hazard and the consequences of giving any one group too much home-run money)

We got punk'd

 

[Diuretic]

Reagan was an enormous success.

Any deviation from that fact is unworthy of consideration...

Why was he a success?

It was in Reagan's term that the US went from being the world's major creditor to becoming its biggest debtor.

China flexes, and the US catches a chilly reminder | smh.com.au


Is that the mark of a successful president?

 

[wihosa]

Tax cuts can cut many way.

Some speculate that the Bush tax cuts created too much income on top, in search of great returns. Wall Street didn't know what to do with all the extra cash (the global pool of money doubled in a short time). Unfortunately, Wall Street decided to create a whole line of bogus derivatives, swaps, and hedges -- they used bad mortgages to invent great returns. This is what happens when too much home-run money goes chasing after too few products.

If the middle class had that money, they would have used it to by consumer goods and drive the economy (trickle-up wealth). Instead the wealthy gambled it away and created a black hole that will suck down generations of Americans. (See Moral Hazard and the consequences of giving any one group too much home-run money)

We got punk'd

You've got it right, it's demand that drives an economy, not supply. Supply side economics is part of the failed 'theories' of Reagan's era.

 

[born rich]

Reagan was an enormous success.

Any deviation from that fact is unworthy of consideration...

Why was he a success?

It was in Reagan's term that the US went from being the world's major creditor to becoming its biggest debtor.

China flexes, and the US catches a chilly reminder | smh.com.au


Is that the mark of a successful president?

Reagan, the ol deficit spender, was the first Republican President to completely abandon "pay as you go". His debt sank Bush 41. He also destroyed the Sherman Act, which prevented corporations from growing too-big-to-fail. He is the Godfather of merger mania, which lead to Socialist bail-out insurance. His policies lead to the creation of a centralized, monopolized corporatacracy, whose profits would be used to buy scientists and politicians (goodbye representative democracy, hello lobbyists. "Trust business!"). AIG is practically bigger than the American Government.

Ron told us not to worry about big business -- the real enemy is sin & drugs. We listened. We trusted Enron. We trusted AIG. (we got punk'd)

Study his banking deregulation that lead to the S&L crisis. Reagan was the beginning of the end. Guess when the ARM was created?

"We must get off the backs of our great financial innovators. Let them determine how much risk to take."
-Ronald Reagan, 1983

Reagan dug our grave. Greenspan, Clinton & Rubin helped him dig.

[The Reagan Legacy Project is spooky. They have attempted to rewrite the Reagan presidency. They ignore his liberal, pro-Abortion, anti-Religious policies while Governor of California (-Reagan rarely stepped-foot in a church. He didn't discover God until he realized that Pat Robertson could help him win Dixie and the heartland). They ignore his selling weapons to the leading terrorist nation. They ignore the fact that he spent more money and created a larger debt than Carter or Clinton. They ignore his terrible energy policies, which paved the way to Hummer nation and lead to an over-dependence on terrorist petro-states. They ignore the fact that he didn't make government smaller, he just changed who it helped. They ignore the fact that his policies created the Credit Industrial Complex, and the Lobbying Industrial Complex: "trust deficits, trust business". [We did, we're dead.] They ignore the fact that the market had no incentive to fix New Orleans levees or get us out of the Middle East on time, i.e., the market can't fix every problem; in fact, if left to its own device, it will buy everything in its path, including Washington. They ignore the fact that Reagan's policies (continued wholeheartedly by Clinton and the Bushes) lead to the Wall Street Meltdown. Once we deregulated Big Finance and let the market determine its own risk level, our bed was made. Thanks Ron!]

 

[PoliticalChic]

Excellent! All the righties are still clinging to the failed "theories" of Reagan.

Government is the problem, gov. is the problem, gov. is the problem ...

Keep repeating it until you believe it!

The demise of the Repubs.

The problem is the desire of politicians to buy votes. As for Reagan,

Paul Kengor wrote “The Crusader: Ronald Reagan and the Fall of Communism”
1)Revenue as a result of Reagan Tax Cuts, $600 Billion -> $1 Trillion
2)Reagan inherited a $101 billion deficit from Carter, but it grew to $141 Billion after Reagan. Much of it was defense spending, and some historians feel that this should be considered war spending, since it was aimed at bringing the Soviet Union to the bargaining table.
3)Per Capita income increased from ’81-> ‘89
4)Reagan in top 10 Presidents in C-Span poll
5)Under Carter Foreign Policy, we handed Iran over to Ayotollah, and millions fell under condrol of Soviet Union;
6)In a poll, Russians felt that SDI caused the fall of the Soviet Union.

 

[Sinatra]

[ame=http://www.youtube.com/watch?v=XaoYD7iZG9w]YouTube - Obama prefers Ronald Reagan over Bill Clinton[/ame]