each prez administration makes new mistakes which imperil the nation's financial structure
LBJ gave us over $1 trillion in Viet Nam
Nixon broke off the USDollar gold standard he also instituted a Wage Price Freeze, a disaster
Ford did nothing for all his few months except his record setting 100 vetos
Carter merely presided over the aftermath of OPEC shock
Reagan buried the Soviet Union, at a cost of $2.5 trillion
BushSr actually was the most responsible among financial leaders he set up a clean table for Clinton to take credit for he cut back on govt expenses, and allowed a recession the cost of allowing recession is HIS JOB LOSS
Clinton set in motion the Strong Dollar Policy which bankrupted US industry he allowed Rubin to raid the US Gold treasure he rehired Greenspasm, and saw money supply double he allowed rescue of every single calamity across the globe he refused to allow a recession, and instead built a bubble
Bushy brought in the worst economic team in history he embarked on a costly war under false pretenses he refused to allow a recession, and instead built 2 bubbles he led a large tax cut which is absurdly criticized
(every single past Democrat recession stimulus package was 3 times larger, a fact that stupidshit liberals forget)
sorry, but the next prez administration will be just as stupid, just as dangerous, just as inept, leading the nation into the same bankruptcy
Marx said "the quickest way to defeat capitalism is to give the people power to control the money"
/ jim
p.s. I am not a neocon, or conservative I regard them as just as stupid, in fact, as "fascists" I am remarkably apolitical, which few understand |