The Lies of the Ronald Reagan Legacy

reply to post by inforeal


What a arrogant one you are Info!

Silence, you don’t read anything.

Reagan was a man, he did great things and he did some awful things. Guess it means he was human. As for the cause of the demise of our economy look no further than all the special interests that support a politician via donations to push their one pet issue. Those issues cost us tax payers money to benefit a very small portion of the population.
I grew up during the Regan years and had to live through the disaster that was Clinton's administration. Considering that alot more ills can be traced back to those eight years than Regan's eight, we can see how well popular opinion rates.

reply to post by centurion1211


You use the Marxist definition of the middle class, and then say I am more Marxist in nature?

How did you arrive at that twisted logic? My guess would be listening to people like Rush.

The western, non-marxist definition of middle class is skilled professionals, carpenters, masons, electricians, doctors, lawyers and such in this modern world, and the merchant class.

Sadly, the people who believe in a free market system, which essentially is putting all wealth and power, and control of the government, into the hands of the bankers, are the ones embracing marxism.

You have been conned into turning the U.S. into a communist country.

Originally posted by poet1b
reply to post by Matt1951

 

I think this comment by you should be repeated.

But, socialism for covering bankers gambling debts is 'good'. If instead of the $10-15 Trillion dollar bailout for bankers, the same money could have provided around $50,000 for every man, woman and child in America. But, we are fed the crap, socialism for Wall St, hard knocks for main street.

And then they got the ditto head suckers to believe that Obama bailed out the bankers, when GW, who they elected, and the their republican reps in congress are the ones who bailed out the banks. Gave away the money without any restrictions.

Then, when democrats wrote new regulations for banks to prevent the kind of fraud that destroyed our economy, repubs in congress fought them every step of the way.

"you memory challenged people"are just ridiculous:

reply to post by 46ACE


They are not my people. It is becoming more and more obvious to me that the democrats care nothing for the U.S. working class. They are only slightly better than the republicans, if at all.

The only answer to restore our country is for a third party to emerge. The problem is that those most outspoken for a third party all think Reagan was great, when he was a terrible president who helped create most of our current problems. They still foolishly believe in the con job of the free market.

Rather than just quoting self-described progressives and liberal "journalists", you should have linked to some actual information to support "your" claims of how bad Reagan's Presidency was. It would give you more credibility, especially since you keep telling everyone else to "research" the topic. Reading articles from Hartmann and the Huffington Post isn't "research".

I'm not a student of economics, but even I can understand Reagan-omics wasn't the complete monster most of today's liberals pretend that it was.

From 1976 to 1980, inflation rose from 5.75% to 13.58%. Reagan took office in Jan. 1981. From then to 1986, the inflation rate dropped to 1.91%. It remained under 5%, for the remainder of his 2nd term. inflationdata.com...

The previous owner of my business, talked about those times and the economic policies being painful, but necessary to curb the rampant inflation.

Reagan's historic rewrite of the tax code in 1986—accomplished with a Democratic House and a Republican Senate—is a model for how an overhaul can happen.

That landmark law slashed the top individual rate from 50 to 28 percent, and the top corporate rate from 46 to 34 percent. It ended preferred treatment for capital gains and trimmed a slew of cherished breaks including for mortgages.

www.cnbc.com...

The "Tax Reform Act of 1986", considered to be the one of the greatest accomplishments of bi-partisan legislation, eliminated or limited numerous tax breaks (aka "loopholes") and, even today, after so much of the reform has been dismantled, many seek to reinstate those same reforms.

And, by the way, the highest corporate tax rates have dropped since Reagan left office. www.irs.gov...

Despite nearly dying several times, the measure eventually passed, producing a simpler code with fewer tax breaks and significantly lower rates. The changes affected every family and business in the nation.
In the years since, however, rates have gradually risen and Congress has passed nearly 15,000 changes to the tax law. Many of the loopholes that disappeared two decades ago are back

www.taxfoundation.org...

In 1986 Reagan obtained an overhaul of the income tax code, which eliminated many deductions and exempted millions of people with low incomes. At the end of his administration, the Nation was enjoying its longest recorded period of peacetime prosperity without recession or depression.

www.whitehouse.gov...

From 1981 to 1989, GDP increased over 10%, adjusted to the constant of 2000 dollars.. www.data360.org...

Like I said, I'm not really into economics, but there are a few bits of factual and verifiable info for you to gnaw on.

Reagan was just another puppet like every other President since LBJ.There is no difference between either party.Obama just sings his praises because if not we would hear howls from the conservative talking heads, about how he disrespected a fellow President and all kinds of useless blather.Ronnie being the actor that he was just followed the script his handlers gave him.Just like all the rest of the figureheads who have filled the role of being "The Most Powerful Man in the Free World."

Originally posted by poet1b
reply to post by 46ACE

 

They are not my people.

Then it's not aimed at you( no need to respond):

I'm sick of the giddy liberal democrat free for alls that
occur here.
If some of these anonymous individuals spouted this stuff in some of the finer corner family owned beverage establishments in "working class "cities like millwaukee or"Philly" they'd get a well deserved punch in the mouth.but its okay on the 'net.":I.E. "the repubs fought all pertinent legislation( that could have prevented our financial problems)".
.As evidenced by those three news vids out of a"bunch"available on the mortgage mess: Obviously not.

Originally posted by poet1b
It is becoming more and more obvious to me that the democrats care nothing for the U.S. working class. They are only slightly better than the republicans, if at all.

The only answer to restore our country is for a third party to emerge. The problem is that those most outspoken for a third party all think Reagan was great, when he was a terrible president who helped create most of our current problems. They still foolishly believe in the con job of the free market.

Whats the alternative the planned societies of "collectivism"?

Originally posted by adifferentbreed
Hmmmmm, another liberal bash Ronnie thread. Quick question, if President Reagan was soooooo, bad, why does Obama admire him sooo deeply?

He doesn't admire Reagan policies. He admires Reagan's political skills. i.e. screwing over 95% of the population and having them ask for more

reply to post by inforeal
I believe that this really goes back to Eisenhower and his dealings with the military/industrial complex. Either way it has been the secret goal of every republican president and congress since to completely do away with the middle class so that there will be only a few hundred people in total control of the wealth of this country while all of the rest are the measly slaves for these wealthest Americans. But think about this - what happens when the three hundred and twenty million people of the country who are not rich end up with no money to pay their taxes or buy the overpriced products of the wealthy elite? Who will pay for the local, state, and federal government to run? How will they force people to abide by their rules and laws when they have taken over? And with no one to protect their ultra-rich hides, except for their own mercenary armies, when the Chinese or some other first world country decides to annex the U.S., what will they do?

Originally posted by poet1b
reply to post by centurion1211

 

believe in a free market system

embracing marxism.

What the # am I reading.

Originally posted by WTFover
Rather than just quoting self-described progressives and liberal "journalists", you should have linked to some actual information to support "your" claims of how bad Reagan's Presidency was. It would give you more credibility, especially since you keep telling everyone else to "research" the topic. Reading articles from Hartmann and the Huffington Post isn't "research".

I'm not a student of economics, but even I can understand Reagan-omics wasn't the complete monster most of today's liberals pretend that it was.

Well Reagan raised the debt ceiling 150% during his presidency... He created more debt than ALL the presidents previous. It is often overlooked but a good deal of the Trillions owed today are actually a result of
the interest accrued from his presidency and then compounded.

Thanks to Reagan's policies the U.S. has become the leading exporter of raw materials and the leading importer of finished goods. Another trend that started with his policies - some free marketeers say Reagan was actually protectionist, I am not sure if I agree with that

His Admin armed and helped fund Saddam and the Mujahideen which we are still paying for...

and what was done in Central America in Americas name,,, I have had the displeasure of hearing about this manner of barbarism by several good friends... Much of this was done to suppress the democratic process
so we did not have to fear Red states south of Mexico, nevertheless, Reagan's Admin doubled the military budget, virtually invented nation building and the "low intensity" conflict.

His Admin had over 100 officials indicted, investigated and or convicted for various corrupt acts, from defrauding the tax payers to trafficking.

Personally I am most displeased with the closing federal mental facilities, the influx DESTROYED the value of some of my families property which has never recovered since. From a booming city center, to a litter box in months...


Iran contra
www.infoplease.com...

Khmer Rouge
www.thirdworldtraveler.com...

Nicaragua
www.thirdworldtraveler.com...

Guatemala
www.thirdworldtraveler.com...

Iraq
www.boston.com...



Some of Reagan's folk/corruption

1981–1989 Ronald Reagan Administration
Executive Branch scandals
Robert Bernard Anderson (R) former United States Secretary of Treasury (1957–1961) pled guilty to tax evasion while operating an offshore bank in (1987)[126]
Raymond J. Donovan (R) Secretary of Labor under Ronald Reagan, was investigated and acquitted of larceny and fraud concerning subway construction in New York City(1987)[127]
Housing and Urban Development Scandal A controversy concerning bribery by selected contractors for low income housing projects.
Samuel Pierce (R) Secretary of Housing and Urban Development because he made "full and public written acceptance of responsibility" was not charged.[128]
James G. Watt (R) Secretary of Interior, 1981–1983, charged with 25 counts of perjury and obstruction of justice, sentenced to five years probation, fined $5,000 and 500 hours of community service[129]
Deborah Gore Dean, (R) Executive Assistant to (Samuel Pierce, Secretary of HUD 1981–1987, and not charged). Dean was onvicted of 12 counts of perjury, conspiracy, bribery. Sentenced to 21 months in prison (1987)[130]
Phillip D. Winn (R) Assistant Secretary of HUD, 1981–1982, pled guilty to bribery in 1994.[130]
Thomas Demery, (R) Assistant Secretary of HUD, pled guilty to bribery and obstruction[130]
Joseph A. Strauss, (R) Special Assistant to the Secretary of HUD, convicted for accepting payments to favor Puerto Rican land developers in receiving HUD funding.[131]
Silvio D. DeBartolomeis convicted of perjury and bribery.[132]
Wedtech scandal Wedtech Corporation convicted of bribery for Defense Department contracts
Edwin Meese (R) Attorney General, resigned but never convicted [133]
Lyn Nofziger (R) White House Press Secretary, conviction of lobbying was overturned.[134]
Mario Biaggi (D-NY) sentenced to 2½ years.[135]
Robert García (D-NY) sentenced to 2½ years.[136]
Savings and loan scandal in which 747 institutions failed and had to be rescued with $160,000,000,000 of taxpayer monies in connection with the Keating Five. see Legislative scandals.[137]
Iran-Contra Affair (1985–1986); A plan conceived by CIA head William Casey (R) and Oliver North (R) of the National Security Counsel to sell TOW missiles to Iran for the return of US hostages and then use part of the money received to fund Contra rebels trying to overthrow the left wing government of Nicaragua, which was in direct violation of Congress' Boland Amendment.[138] Ronald Reagan appeared on TV stating there was no "arms for hostages" deal, but was later forced to admit, also on TV, that yes, there indeed had been:
Caspar Weinberger (R) Secretary of Defense, was convicted of two counts of perjury and one count of obstruction of justice on June 16, 1992. [8]. Weinberger received a pardon from George H. W. Bush on December 24, 1992.[139]
Robert C. McFarlane (R) National Security Adviser, convicted of withholding evidence, but after aplea bargain was given only 2 years probation. Later pardoned by President George H. W. Bush[140]
Elliott Abrams (R) Asst Sec of State, convicted of withholding evidence, but after a plea bargain was given only 2 years probation. Later pardoned by President George H. W. Bush[141] www.fas.org...
Alan D. Fiers Chief of the CIA's Central American Task Force, convicted of withholding evidence and sentenced to one year probation. Later pardoned by President George H. W. Bush [138]
Clair George Chief of Covert Ops-CIA, convicted on 2 charges of perjury, but pardoned by President George H. W. Bush before sentencing.[142]
Oliver North (R) convicted of accepting an illegal gratuity, obstruction of a congressional inquiry, and destruction of documents, but the ruling was overturned since he had been granted immunity.[143]
Fawn Hall, Oliver North's secretary was given immunity from prosecution on charges of conspiracy and destroying documents in exchange for her testimony.[144]
John Poindexter National Security Advisor (R) convicted of 5 counts of conspiracy, obstruction of justice, perjury, defrauding the government, and the alteration and destruction of evidence. The Supreme Court overturned this ruling.[145]
Duane R. Clarridge An ex-CIA senior official, he was indicted in November 1991 on 7 counts of perjury and false statements relating to a November 1985 shipment to Iran. Pardoned before trial by President George H. W. Bush.[146][147]
Richard V. Secord Ex-major general in the Air Force who organized the Iran arms sales and Contra aid. He pleaded guilty in November 1989 to making false statements to Congress. Sentenced to two years of probation.[148][149]
Albert Hakim A businessman, he pleaded guilty in November 1989 to supplementing the salary of North by buying a $13,800 fence for North with money from "the Enterprise", which was a set of foreign companies Hakim used in Iran-Contra. In addition, Swiss company Lake Resources Inc., used for storing money from arms sales to Iran to give to the Contras, plead guilty to stealing government property.[150] Hakim was given two years of probation and a $5,000 fine, while Lake Resources Inc. was ordered to dissolve.[148][151]
Thomas G. Clines Once an intelligence official who became an arms dealer, he was convicted in September 1990 on four income tax counts, including underreporting of income to the IRS and lying about not having foreign accounts. Sentenced to 16 months of prison and fined $40,000.[148][152]
Carl R. Channell A fund-raiser for conservative causes, he pleaded guilty in April 1987 to defrauding the IRS via a tax-exempt organization to fund the Contras.[153] Sentenced to two years probation.[148]
Richard R. Miller Associate to Carl R. Channell, he pleaded guilty in May 1987 to defrauding the IRS via a tax-exempt organization lead by Channell. More precisely, he plead guilty to lying to the IRS about the deductibility of donations to the organization. Some of the donations were used to fund the Contras.[154] Sentenced to two years of probation and 120 of community service.[148]
Joseph F. Fernandez Indicted on five counts in 1988.[155] The case was dismissed when Attorney General Dick Thornburgh refused to declassify information needed for his defense in 1990.[156]
Inslaw Affair (1985–1994+); a protracted legal case that alleged that top-level officials of President Ronald Reagan's (R) Department of Justice were involved in software piracy of the Promis program from Inslaw Inc. forcing it into bankruptcy.[157] Attorney General Edwin Meese (R) and his successor Attorney General Dick Thornburgh (R) were both found to have blocked the investigation of the matter.[158] They were succeeded by Attorney General William P. Barr (R) who also refused to investigate and no charges were ever filed.[159]
D. Lowell Jensen, (R) Deputy Attorney General was held in Contempt of Congress.[160]
C. Madison Brewer A high ranking Justice Department official was held in Contempt of Congress.[160]
Michael Deaver (R) Deputy Chief of Staff to Ronald Reagan 1981–85, pleaded guilty to perjury related to lobbying activities and was sentenced to 3 years probation and fined $100,000 [161]
Sewergate A scandal in which funds from the EPA were selectively used for projects which would aid politicians friendly to the Reagan administration.
Anne Gorsuch Burford (R) Head of the EPA. Cut the EPA staff by 22% and refused to turn over documents to Congress citing "Executive Privilege",[162] whereupon she was found in Contempt and resigned with twenty of her top employees.(1980) [163]
Rita Lavelle (R) An EPA Administrator, U.S. Environmental Protection Agency‎ misused ‘superfund' monies and was convicted of perjury. She served six months in prison, was fined $10,000 and given five yrs probation.[164]

en.wikipedia.org...

Originally posted by WTFover
Rather than just quoting self-described progressives and liberal "journalists", you should have linked to some actual information to support "your" claims of how bad Reagan's Presidency was. It would give you more credibility, especially since you keep telling everyone else to "research" the topic. Reading articles from Hartmann and the Huffington Post isn't "research".

I'm not a student of economics, but even I can understand Reagan-omics wasn't the complete monster most of today's liberals pretend that it was.

From 1976 to 1980, inflation rose from 5.75% to 13.58%. Reagan took office in Jan. 1981. From then to 1986, the inflation rate dropped to 1.91%. It remained under 5%, for the remainder of his 2nd term.

Following the 1986 tax reform bill, inflation dropped from 6% the previous year to 1.9% but then rose back towards 4.8% by the end of Mr Reagan’s term and 5.6% into Bush seniors first term but I guess you forgot to add that part in. One would assume that history tax cut for the wealth from Reagan would be a deal breaker, so what happened? The 1.9% was just a temporary market response to the historic tax drop from 50% - 28%, most of it for the wealthy. Inflation remained much the same for the next two years despite the fact taxes remaining below 30%. Bush junior who continued much of Reagans and Bush seniors policies ended up with an inflation rate of up to 9% into his second term. Just recently the Bush tax cuts were signed in to continue by congress. You know the Bush tax cuts? It's little to no different to Reagan’s tax system. how is that going? Ah yes, jobs continue to be shipped overseas, businesses continue to hire illegals while being rewarded and we had an economic collapse. Overall, Aside from minor rises in taxes from Clinton and Obama, the vast majority of policies on taxes have remained in the same as Reagans for the last 30 years. Taxes have continued to remain well below the 40% mark, and what has this done for us exactly? Aside from furthering the gap between the rich and the poor?

Under Kennedy the tax rate averaged around 50% however debt was decreased and inflation averaged no more than 1.4%. Clinton’s average inflation rate was far lower than Reagan’s as well despite him actually raising taxes from 31% to 34% (inflation rate was 2.7% against Reagans 4.0% average), and Clinton created more jobs and barely raised any debt (many economists actually argue that he lowered it).

So what have we learned about Reagan’s policy of rapid trickle down tax cuts? Well you know what a drug addict goes through right? A short period of fantasy before dropping face flat back to reality and debt.

Originally posted by beezzer
I remember Ronald Reagan. I was in the service then. (yes, I'm that old) I remember having to fly in civillian clothes when carter was POTUS. When Reagan was POTUS I was allowed to fly in uniform.
I was given automatic first class seats.

And this is one reason this individual loved the Reagan presidency. Now Obama and his debt, that's another story folks.

yeah regan was a total fraud. I think there is an interdimensional war being secretly waged and power knows about it.

reply to post by Sinnthia


This.

www.henrymakow.com...

Reagan was a fool, and an illuminati tool. Only the brainwashed would consider him a conservative, or anything but a poor President.
I remember the Panama Canal issue. Reagan attacked first Ford in 1976, and then Carter in 1980, for "giving away our canal. We built it, we paid for it, it was ours". Then he gave it away without explanation when he was President. A true demagogue.

He tried to unilaterally disarm the US in the 1986 Reykjavik summit with Gorbachev, but faced a revolt from the US military and had to back down.
Nancy set his schedule based on her astrological readings.
Some of the people can be fooled all the time.

This man explains it a lot better than I can.
www.huffingtonpost.com...
The Democrats controlled the House when Reagan won in 1980. Yet they gave him everything he asked for. Of course, there was a lot of dirt on Tip and Dan Rostenkowski, so of course they played ball. Obama could be called Bush Lite, but some might view that as racist. Yes, I voted for the big O, but he is Illuminati controlled too. No one gets a shot at being President, unless they have a background that allows them to be controlled.

I will post a simple anology to what the op is refering to...

Look at the shape the califonia government is in....

it is a trend setter for us...

reagan governor of california

reagan president of the United States...

the califoniacation of american government debt and policy is moving slowly but it is moving...


Go Gipper... the government will not be operable in a few years due to debt load... key services shutting down...

go gipper...



I will comment more but I want to see the responses to op...

I am ripcontrol and I support the OPs message!!!!!!

s and f

Why is there so many people on ATS thinking they can run country better then Republicans but yet never run for office because they are really nothing but angry little kids mad because the world doesn't give them what they want?

reply to post by Ancient Champion


I am not 35 till, 2013... fourteen days before I would assume the dream job

you

I have starred the comments I agree with...