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Reagan insider: GOP destroyed U.S. economy, Part 2

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abelenkpe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 04:31 PM
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Reagan insider: GOP destroyed U.S. economy, Part 2
Reagan insider: GOP destroyed U.S. economy, Part 2

http://www.marketwatch.com/story/reagan-insider-gop-destroyed-us-economy-part-2-2011-05-24?pagenumber=1

SAN LUIS OBISPO, Calif. (MarketWatch) — “My G.O.P. destroyed the U.S. economy.” Yes, that is exactly what David Stockman, President Ronald Reagan’s director of the Office of Management and Budget, wrote in a New York Times op-ed piece. Not “is destroying,” the GOP has “destroyed” the U.S. economy, setting up an “American Apocalypse.” And it’s getting worse.

Update: With the 2012 election lineup up for grabs, Stockman may be the GOP’s best candidate for president. A hero in American politics, he’s a rare no-B.S. truth-teller who’s been delivering the same message since his 1986 “Triumph of Politics: Why the Reagan Revolution Failed,” an expose written after leaving the White House.

Better yet, he’s the kind of fighter who could easily go the distance with Obama on the key issues that will dominate the 2012 election: the economy, employment, interest rates, entitlements, war budgets, the devalued dollar, our rapidly collapsing monetary system, another meltdown.

Last fall, Stockman’s hard-hitting op-ed was loaded with jabs like: “If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. The nation’s public debt” screams “for austerity and sacrifice,” instead, the GOP insisted “the nation’s wealthiest taxpayers be spared even a three-percentage-point rate increase.” Obama blinked, pulled his punch. Let’s get both in the ring. See Paul B. Farrell’s ‘Reagan insider: GOP destroyed U.S. economy.’

(more at link)

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This guy doesn't seem like a republican. Is he actually running? Claims a much bigger crisis is ahead of us. (hope not) Anyway interesting article....




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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 04:38 PM
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1. If the Administration was savvy...
...they would find a position for him in the Administration. What better spokesman against the Republican policies?
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pacalo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 06:13 PM
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5. I agree. Since the Republicans idolize Reagan, the irony would be awesome.
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nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 04:46 PM
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2. And it wasn't an accident -- it was a plan
They wanted to destroy the economy, create a huge class of poorly educated serfs and a small class of the ultra-wealthy.

The GOP is run by traitors and populated by fools.
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 04:47 PM
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3. He ought to know.
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Wilber_Stool Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 06:11 PM
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4. I guess his trip
to the wood shed didn't take.
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MrScorpio Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 06:58 PM
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6. "Stockman may be the GOP’s best candidate for president..."
Why the fuck does the WSJ think that the next president has to be a Republican?

Didn't Republican, David Stockman, say that the GOP has ALREADY destroyed our economy and this rag still insists on inflicting Republicans on us?

I call bullshit, WSJ.
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Dawson Leery Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-11 07:08 PM
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7. He needs to continue speaking out.
This was no accident, this was planned. A handful of oligarchs could not stand to see a prosperous middle class and the FAIR competition it provided to keep them in line. The Koch Brothers and their kind are determined to bring about a two class society of rich (1%) and poor (99%).
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