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In 1994 Newt Gingrich won 73 new Barbarians into the House of Representatives
Their goal=Destroy the Social Safety Nets.
They spent $110,000,000 (GAO number) on Hearings/Investigations in an effort to destroy the Clinton Administration.
Lies-Smears were multitude with help of right wing freaknut radio and Conservative TV stations,
They held 13 public hearings on Whitewater a well-known simple land deal.
Borrow money-buy land-cut roads-sell lots. McDougal had been doing it for decades.
It was used as a Platform from which to launch many investigations
NY Times and Washington Post were culprits and assisted in the attacks.
TRIPLE A PARTY
Anti-anti-anti- no-no-no
Good for the Middle Class=No No No
Good for the Lower Class=No No No
Good for the Rich=Yes Yes Yes
Their Record is public information on their policies and votes in Congress.
Six years of Total Control of Executive-Senate House
A record of Coolidge in 1920s’
Cut Taxes for Rich
Let Rich Wall Street Gamblers play with marked cards and loaded Dice.
Make bets on many different things
Take $4000 bet with only $100 in pocket for payoff
OH! SNAKE EYES. UNCLE SAM HELP HELP HELP
BUSHALOONS
Many leading members of Bush administration were Clinton Haters Deluxe.
They joined Nixon in 1969 and were in office until 1977. Then, they joined Reagan in 1981 and were in office for 12 years. The believed they would be in office for the remainder of their active lives.
Clinton victory killed them. They hated Democrats and the Press for Nixon Resignation even though Republicans played a major part.
Cheney never got over Nixon resignation. His hatred increased with age.
He wanted to destroy Clinton. His mind became warped.
He had been one of the power people for 20 of prior 24 years.
When they returned to power controlling all three branches it was get even time.
They ignored Clinton administration many warnings on Osama Bin Laden and concentrated on eliminating the many Executive Orders initiated by Clinton.
It did not matter that some were valuable for the people.
If the Clinton name was on it --kill the sucker –nice Christ-like people?
George Bush was part of the Hatred group. He had campaigned for his Dad and was devastated when he lost. He hated Clinton and his people.
1946 to 2007
REDISTRIBUTION OF WEALTH + INCOME
From 1946 to 1981 each percentile gained almost evenly, percentage, in Income and Wealth.
Economists called it a Picket Fence Distribution.
Reagan policies began the Step Ladder distribution.
Each percentile gained some but top step (10%) went into outer space
Middle Class was “rewarded” by Reagan with largest income tax increase in history the Payroll Tax increase plus a tax on 50% of Social Security Income plus a 5-cent gas tax.
In 2007 it had been upward distributed so much the top 1% owned 21% and top 10% owned 71% of the nations individual wealth.
The Middle Class, not top 10%, should own 71% of wealth in a Democracy
Big question. How many decades will it take to redistribute downward to middle class?
So majority have affordable housing-affordable education-affordable health care
Financial Security more important to the Middle Class than “Excessive” Military Security
Reagan + GW Bush “forced” the Rich to take 2500 Billion in Tax cuts.
The Rich Income Tax Rate was reduced by 55% under Reagan.
His Savings and Loan change destroyed the institution but gave much wealth to Michael Milken ($555 Million income in one year) and his rich buddies in the rich man’s Wall Street Gambling Casino.
The reduction of Unearned Income Tax Rate from 28% to 15% was boom boom for very rich in the Gambling Casino. The huge reduction in Estate Taxes.
Bush 1700 Tax cut was primarily a reward to his Wall Street Gambling Pals.
Rich 2.7% (5 million) got four times as much as bottom 80 percent (125 million).
WORLD’S GREATEST CREDITOR TO GREATEST DEBTOR
In 1980 the Federal Debt was under 1000 Billion
Reagan added 1700B
Bush I added 1300B
Bush II added 5000B +
Twenty years of so called “conservativism” added on 8 times as much as we had after 200 years.
“Conservatives” controlled the Senate for 18 years—House for 12 years—All government for 6 years.
Federal Spending-- went from 600B per year under Carter to 4000B in Bush last budgeted year
Federal Debt—1000B to 11,000B +
They gave us the Savings and Loan Debacle, which aided in Hostile Takeovers of major corporations by Rich Gamblers in Wall Street Casino. Rich got ultra-rich.
They gave us the Housing fiasco and millions of home foreclosures.
Yes! It was Rich Gamblers in the Wall Street Gambling Casino.
Plus assistance by Federal Reserve Chairman Republican Alan Greenspan.
The same man who gave President Clinton seven significant rate increases in campaign year for reelection and six significant rate increases from June 1999 to June 2000 to elect a Republican President. Impartial? Ho Hum.
A Republican President gets a 6.5% Democratic Interest Rate cut to a 1% Interest Rate which exploded Housing Industry into a free for all profit maker for Developers-Realtors-Banks in Wall Street Casino.
Wall Street Gamblers were freed to use instruments similar to marked cards and loaded dice as in Coolidge years. Regulators were hog tied.
SCANDALS
Carter had “no” person convicted for a crime committed while working for him
Clinton had “one” person convicted of a felony that was committed while working for him
Nixon—aw heck forget it.
Reagan—
Haynes Johnson of Washington Post labeled the Reagan Administration as the most scurrilous in history
138 persons working for him charged with crimes.
That number is more than the grand total for all presidents since 1900
9 cabinet members investigated
Scandals in 32 departments of the federal government
15 major officials found guilty
Most of the crimes involved money
CSWINNEY2@TRIAD.RR.COM
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