Wednesday, September 05, 2012

Comment Of The Day: BillO-Raygun Edition

O’Reilly on Kennedy’s DNC tribute: ‘Like a vampire rising from the dead’ | The Raw Story

 

John M Conley 5 hours ago

Hey, Bill O'REALLY?.......me thinks you have your bloodsuckers mixed up. Ronald Reagan was the President who, by trying out his disastrous Laffer Curve, trickle-down theory, exploded the deficit by handing out unpaid-for taxes cuts to the wealthy and eventually sucking the blood out of the middle class when taxpayers were forced to cover the losses. Remember? Remember the Reagan-de-regulated lending binge of the S&Ls? (remember FSLIC Insurance, folks? That's was us!).....Remember the resulting stock market crash of 1987? Sound familiar anyone? Where are the political writers today who remember?
I clearly remember Ronnie suggesting hungry children could eat pickle relish instead of fresh vegetables. That's how Republicans cut. They're every bit as mean-spirited today as Ronbo was back then. It's no wonder Tip Oneill said it was a disgrace to have a President (speaking of Reagan) who knew so little about the American economy. (That statement actually surprised me at the time, because it left room for the possibility that Reagan might at least know something...)
And, now, they're saying...forget all that....and let's try the trickle down theory? How stupid do they think the American people are? Did Romney hire more employees with his tax windfalls, or did he hide and shield this wealth from American tax scrutiny? Only Sweeden and the Caymans know for sure.

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