It's Not About Ideology
by Susan Estrich
"What I have no interest in doing is running GM," President Barack Obama said on Monday, as he assumed ownership of the beacon of free enterprise.
"The era of big government is over," then-President Bill Clinton famously declared, and even if no one believed it, virtually everyone thought it a very politic thing to say, for the first Democratic president since Jimmy Carter lost to Ronald Reagan.
When GM emerges from bankruptcy, the U.S. government will own 60 ...
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Posted by: Louis Milano
Comment: #1
Fri Jun 5, 2009 12:20 PM
Once again, the gritty liberal from Dukakis land bends and twists the truth, as all good liberals have learned to do since Estrich's era, about the Reagan revolution. The reduction in taxes on the PEOPLE's money always results in increased business activity and therefore more tax money into the federal coffers. Reagan needed to raised spending on the military because it was in such a sorry state from Carter and wound up as the "stimulus" that broke the financial back of the Soviet Union. Since liberals like you Susan are always against bombs or anything military, your naivete can be forgiven. But when you balatantly lie and claim that both of the above caused massive deficits, that's where you are decieving your readers. The only thing that caused the Reagan deficits was the out of control spending by the Democrat Congress. Even after they agreed with the Reagan administration to reduce spending, they couldn't help themselves. No liberals can resist spending other peoples' money. In that, nothing has changed as is evidenced by The One spending it faster than anyone in history. Get your facts straight Susan. Deficits are created by out of control Congressionally authorized expenditures acted out by a spiteful Congress eager to undermine the Reagan financial plan to return our money to us, and to make freedom and liberty secure through a strong military. Those should be the two most important focal points of everyone in Washington. As we know, it is not. So next time you blather on about the Reagan administration, at least try to get these essential truths straight.
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Posted by: Tracy Twyman
Comment: #2
Fri Jun 5, 2009 3:03 PM
There IS a better idea, Susan: abolish the Federal Reserve, pull out of the IMF and WTO, get rid of the fake global monetary system, start a real monetary system, renegotiate all international trade deals, allow sovereign nations to control their own destinies instead of letting banking cartels blackmail them, and get a REAL economy going--one where we can actually have some domestic industry, and a sound dollar that actually retains its value over time.
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Posted by: Michael Belew
Comment: #3
Wed Jun 3, 2009 11:18 PM
Susan once again your assesment is mostly correct, keep up the good work. Presidential politics is very cyclic and it's easy to blame an outgoing president for the mistakes and failed policies of the prior administration. It can take years for the policies of the executive branch once signed into law to manifest as a success or failure. The failed policies of the Carter administration that led to high unemployment and hyper inflation were corrected by the Regan administration. There were deficits under Regan but he understood americans knew how to spend their money better that the federal government. Under Regan the private sector flourished, tax revenues increased and unemployment dropped. These facts are spun by tax and spend liberals but history cannot be rewritten. What cannot be denied is the Obama administration has out spent every sitting president in history combined. He has done it in only 100 days and there are so many days left. I don't need a degree in finance, a seat in congress or a politician to tell me this type of spending is right or wrong. It's a massive mistake. Back to the crux of your column "It's not about Ideology". President Obama is at the beginning of a massive power grab. Susan you are right, conservatives are not on the radar but we are treading water. I can only hope the Obama regime does not drown us all!
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Posted by: robert lipka
Comment: #4
Wed Jun 3, 2009 3:50 AM
The current downfall of the American car industry is rooted deeply in the economic disaster created by the two wars that the BUSH administration dragged us into and the enormous cost of those wars that ruined our economy.
We are npot going to recover and make our American industry return to the stature of old unless and until we get rid of the enormous cost of these two wars. We have to get out of both Iraq and Afghanistan.
The Russians bankrupted themselves in Afghanistan and Russian pensioners were left begging for food in the streets. The interesting thing about that is that they did not have the huge expense of funding a war half a world away. We cannot sustain the dibilitating cost of such a war and pay off the war debt of the past eight years. The Bush administration borrowed us into third world status. We are no longer a sustainable world power and it is time to pull in our horns and concentrate on rebuilding our own industry and our personal savings. Our China debt is now the giant elephant in the room that is beyond dangerous. The recent episodes in Korea show us how limited our options are in the region based on our need to show deference to China because of that huge debt. SCARY
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