Feeds:
Posts
Comments

Posts Tagged ‘President Lyndon Johnson’

Until justice is blind to color, until education is unaware of race, until opportunity is unconcerned with the color of men’s skin, Emancipation will be a Proclamation but not a fact.
    —    President Lyndon B. Johnson
.
On This Day In:
2015 Or Infinitesimal
2014 I’ve Looked At Clouds
2013 Undiscovered Ocean
2012 Feeling Old? (Part 2)
2011 What About Freedom?

Read Full Post »

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]
.

Read Full Post »

We’re doing great!  Just last week we killed five hundred beggars.
    —    Red Skelton
(When asked how President Lyndon Johnson’s “War on Poverty” was progressing.)
.

Read Full Post »

%d bloggers like this: