reply to post by esdad71
Sorry, but it was during the Clinton Administration that it was decided anyone should get a loan and it helped with the internet boom that was being
experienced. People living beyond their means and buying 350k homes with no verification is part of what got us here. That was an excellent point.
The Neo Con Doctrine commenced as the Reagan Revolution
. Regan was the first Neo Con. It is the single most significant and the underlying
of the economic calamity we are now in the midst of.
The Reagan inspired dismantling of the regulators started in 1981. I do hope your memory is not so short OR so selective that you have conveniently
forgot or just lack the recall that it was the GREAT COMMUNICATOR
himself who so glibly recited, “The government is the problem, NOT the
solution!” And then RR often followed that up with his BRILLIANT one liner solution, “Get the government off our backs!
THAT IS WHAT CAUSED THE 2007-2008 ECONOMIC MELTDOWN. NOT BILL CLINTON.
FROM Ronnie Reagan forward EVERY Republican has worked to DISMANTLE or by calculated STAFF reductions, to render ALL regulations useless and the
remaining regulators incapable of doing their legally assigned mission. The regulations by the way worked well from 1933 until 1981. 48 years of
Then, as you rightly remarked, Bill Clinton took office in 1993. That was TWELVE years after the Neo Con Reagan Revolution. So what did Bill do? He
RAISED taxes and by 1999 he had a balanced budget and in 2000 had a $150 billion surplus!
But in the 1994 America was CURSED with Newt Gingrich and his “Contract with America.” The country had a REPUBLICAN controlled congress from 1995
until 2007. In fact the Newt Gingrich Congress HATED Bill Clinton so much they wasted FOUR years of work that ended in the impeachment of Clinton.
WHICH if you have forgotten, FAILED!
The followed the BUFFOON MAJOR, America’s FIRST - and LAST we hope - DESIGNATED president, courtesy of the 5 to 4 vote at the Republican pay-back
time Supreme Court. Never again can anyone say the Supreme Court is ABOVE politics! It is as down and dirty as any Congressman or President ever
thought about being. Those of us claiming to be smarter than 5th graders knew all along the SC was pure politics but the RED state types never seem to
catch on! Hmm?
And now come the era of historical REVISIONISTS
as in the Old Soviet Union days who try to rewrite history to make their own BORN AGAIN BUFFOON
president into something you can LOVE even if you CAN’T respect him!
RESPECT is earned, not rewarded. Bush is QUIET because he has NO respect. Those 4,300 KIA HE gave us in Iraq can’t do that, can they? They can
neither love him nor respect him. For they are NO MORE. And the 1000s yet to die as we work our way out of the Bush Cheney Rumsfeld Rice
If you don’t remember your history, you will have to repeat it.
[edit on 4/3/2009 by donwhite]