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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (88468)	3/1/2007 5:06:56 PM
From: Kevin Rose	Read Replies (1) \| Respond to of 173976

You said that it was Reagan's policies that made him great. But, the S&L scandal was a result of one of Reagan's policies: specifically, deregulation of the S&L industry. Now, if you want to include Congress in sharing that blame, fine, but it was Reagan's policy of deregulation - a Republican plank - that caused the loss of $150 billion. I notice you didn't comment on any of the other myriad scandals and low points of the Reagan administration. You are suffering from the 'good-old-days myopia' - fond memories of good times that either didn't exist, or existed only for those remembering...

To: jlallen who wrote (88468)	3/1/2007 5:42:19 PM
From: American Spirit	Read Replies (1) \| Respond to of 173976

It was Reagan's bunch who pushed S+L deregulation. There were a few democrats in Texas mainly who went along with it, and as usual the corruption was centered in Texas, but Reagan was the one who signed the Garnes St Germaine Act, and when he did he stated that it was a great day for "free enterprise". Freedom to rip off the US government and the public is what he really meant. The Enron-Bushie energy deregulation has been even more costly and amaging. It's all a big scheme to rip off the American people by privatizing and deregulating so only the corporate elite are in control and everyone else gets reamed. Don't you see?