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Published Letters: 366
Editor's Choice: 7
he stared down the soviets; he broke up the evil empire known as the soviet union;
The USSR was dying long before he kicked the door in for the whole rotten structure to come tumbling down.
Like US, the soviets had their hey day in 1950-1960s. After that they started going down MORE rapidly because there were no new investments anywhere.
The US started going down in 1970s when Real income started to stagnate and go down from then on.
he tore down a wall; he was responsible for dropping mortgage rates from 18% to 8%;
Mortgage rates are based on Risk of borrower and cost of funds.
The rates came down NOT because the risk of borrower was low. It came down because Greenspan in all his wisdom started lowering Fed rates that made the cost of funds cheaper to banks.
So they started competiting with themselves to see who would earn most profits in a falling economy.
Jeez are you so dumb that you cannot relate profit and cost?
The lower the profit margin, the higher the quantity that needs to be sold. Its that simple. For banks mortgages were products. The profit margin came tumbling down and hence Banks had to increase their loans by many times to earn same profits.
he got 52 American hostages released in iran on his first day in office.
...and was almost impeached for the Iran-Contra affair. If Bush Sr had not pardoned him for the same, he would have been convicted. Iran freed hostages not because it "feared" Reagan, it freed him because he provided them what they wanted-illegally. Congress should have impeached him, but hey, the Republicans were in power, so you know they don't impeach someone from their own caste & cloth.
he brought great admiration to America and the American presidency throughout the world. he restored consumer confidence after 4 year of the worthless and evil one, jimmy carter.
Nope. His actions resulted in the rise of fundamentalism around the world and sowed the seeds of Taliban in Afghanistan.
His continued support of anti-democratic governments in Pakistan and S.America resulted in some of the worst illegal humanitarian acts around the World: especially in Brazil, Pakistan, Ecuador, Nicaragua and Panama.
Plus he invaded Panama and Nicaragua illegally and played such loud music against the Vatican embassy that it was forced to throw out the nicaraguan president who had sought refuge there.
Jimmy Carter tried to do the decent thing by allowing S.American country led by Correa to decide its own future, and allowed Panama to start levying tolls for ships that pass through it. USA didn't like it one bit when a country starts to show its independence and self-determination and invaded it.
obie would do well to try and follow Reagan's lead in lowering taxes and allowing small businesses to bring us out of the recession by hiring millions of workers, hopefully not illegal aliens.
According to NBER, small businesses were shut down in record numbers during the 1980s when Reagan was in charge. An increase of 23.5% when compared to past decaded. Meaning Reagan's policies were definitely anti-small business.
The term Banana Republic came into being during his tenure, when he invaded a country to install a dictator BECAUSE his chief campaign contributor was a banana producer/importer in USA. He was the forefather in "liberating" countries and "bringing freedom" to countries long before Bush invaded Iraq.
yes we can reduce the size of government. yes we can lower taxes. yes we can get rid of hundreds of billions of dollars of waste in the stem-u-lose bill. yes we can get rid of hundreds of billions of dollars of waste in the budget of the federal government. yes we can get rid of socialized medicine that is in the stem-u-lose bill. yes we can rid of worthless departments in the federal government starting with education.
Regan, was famous for trickle-down economics in which argued Arthur Laffer's stratgey for reducing taxes for the rich which he hoped would enable them to trickle-down their prosperity to the poor below. Now, after 25 years, are you richer or poorer? When have the rich EVER given away their incomes or profits to the poor?
Coming back to facts, the stockmarket crash of 1987 was CAUSED by Reagan's policies directly. His penchant for creatign bubbles is the reason where we are today.
yes we all can learn something from Ronald Reagan. Love of Country, Pride in America, Love of God, Optimism about America's Future. Just plain Patriotism.
What we can actually learn from reagan are the following:
1) If you are terrific actor (which he was not), you can be a president someday.
2) if you are a president, you can get away with illegal acts (Iran contra affair and Grenada invasion)
3) If you are a president, you don't need to apologize for anything (stockmarket crash)
If Reagan was a patriot, then i guess George Washington was a traitor.
Now, since it has been "proven" beyond a shade of doubt that Obama is a KGB spy, it is time we impeach him and convict him.
Then, we have elections where Palin is elected President and her Husband becomes the VP.
Once that is achieved it is hallelujah for all of us and USA will ascend into heaven...