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Posts Tagged ‘President Clinton’

The second thing, I believe, is that we tend to make assumptions about people who aren’t in our crowd that aren’t accurate.  For example, most poor people are not on welfare;  they work.  I think that most poor people would agree that the best social program is a job, and that work is a lot better than welfare.  Many, many poor people are the most anticrime people you can imagine, because they’re the people most likely to be victimized by it.
    —    Former President Bill Clinton
Quoted in:  “Who’s Afraid Of A Large Black Man?“, written by:  Charles Barkley
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On This Day In:
2021 Hold That Thought
Got Love?
2020 Everyone I’ve Ever Met
A Secret Chord
2019 A Big “IF”
2018 Silence Presence
2017 Feeling Small Standing In Front Of My Shelves
2016 Show Willing
2015 If He Only Knew…
2014 Dared To Love
2013 Strong Kung-Fu
2012 Two Tribes
2011 Made Any Assumptions Lately?

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The Republican Party, which had presided over America’s rise to manufacturing preeminence, has acquiesced in the deindustrialization of the nation to gratify transnational corporations whose oligarchs are the party financiers.  U.S. corporations are shutting factories here, opening them in China, “outsourcing” back-office work to India, importing Asians to take white-collar jobs from Americans, and hiring illegal aliens for their service jobs.  The Republican Party has signed off on economic treason.
  —  Patrick J. Buchanan
From his book:  “Where The Right Went Wrong
[While I agree with Pat that the Republican party has committed the equivalent of economic treason, I must disagree with the statement Republicans “presided over America’s rise to manufacturing preeminence“.
America rose to manufacturing preeminence during and because of World War II while FDR was President and the Democrats controlled both houses in Congress.  The economy stalled under Eisenhower and was revived by the Kennedy / Johnson period.  We started to falter at the end of Johnson and began our descent under Nixon, mostly because of the gas crisis (72-73) and the long term effects of government spending from Vietnam (Johnson and Nixon).  Both Reagan and Bush (the first) had recessions and it was Clinton’s Administration which brought growth.  Reagan, a “true” conservative, proposed there was no damage to the economy by going into debt (mostly to increase government spending on big ticket military purchases “star-wars” and new aircraft carriers) and then signed off on the largest tax increases in history (actually mostly closing business loopholes) to reduce the debt he had sponsored – although he was NEVER able to come up with a balanced budget let alone get Congress to pass one.  Bush II practically drove the whole planet into bankruptcy and global depression with a combination of deregulation and unpaid for wars.  Granted not all of the deregulation was actually passed into law during “W’s” administration.  His administration merely encouraged the abuses inherent in an unregulated market.
No, Pat.  Sorry.  The Republican Party has not presided over an America’s rise to manufacturing preeminence since the Civil War, and again, the manufacturing increase was because a war effort stimulated the economy and government spending – not because Republican political or economic theories are correct.
It just so happens I DO believe in small government which stays out of the way of the people and in capitalism.  But government must be big enough to defend us from modern day threats: foreign and domestic, terrorist and corporate.  At the moment, the U.S. has more to fear from multinational and “too big to fail” domestic corporations than it does from 200 to 500 Al Qaeda in Afghanistan and Pakistan.
It used to be said the two biggest threats to democracy are an overly efficient tax system and an overly efficient military.  It seems we should now recognize the BIGGEST threat to democracy is an unregulated capitalist economy.  And on this, at least, we can agree – the Republican Party are economic traitors!     —    kmab]
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