Winterclaw opened this issue on Oct 09, 2008 · 105 posts
XENOPHONZ posted Sat, 11 October 2008 at 4:00 PM
Attempts to associate Reagan's policies -- such conservative policies as he actually implemented -- with the current mess are about as valid as implying that Bush caused Hurricane Katrina to strike New Orleans. Or about like saying that washing your car will cause it to rain. The two things have no connection with one another.
So along came the Clintons and their Justice Department threatened lenders with awful consequences if they didn't loan money to people with whom there was no reasonable expectation that they'd be able to pay the money back.
This current mess has absolutely nothing whatsoever to do with tax policy, or with Reagan's deregulation. It has to do with an agenda being pushed from Washington -- an agenda that forced banks to loan money to people who had no money, and no reasonable expectation of getting money to pay. This isn't rocket science.
Why not go back to citing conspiracy theories about funding religious institutions for purposes of taking over the world? They're more believable -- and more interesting.
As for "no one" suggesting that it's possible to convert men bent upon evil over to the side of sweetness 'n light by saying the right words to them in the right way: that's a central tenant of the entire world-view of the political left these days. It didn't used to be that way -- back in the days of JFK and Scoop Jackson. But it is now.