US POLITICS SPRING 2011: Let's just call off this country.

(<3 shakey!)

Overall, he cut the rate of growth in Fed spending from 4% to 2.5% and, to his credit, he reduced the early deficits as percentages of GDP from 6% of GDP in 1983 to 3.2% of GDP in 1987. If you don't remember the early years of his presidency, allow to point out that they were very bad; almost like the last several years bad. Unemployment was near 10% but that can be attributed in great part to the Fed keeping interest rates very high, the highest ever in modern markets, peaking at around 20% in 1980, so the beginning of the Reagan recession was really during the end of the Carter presidency.

The salient thing about Reagan overall is that he only cut spending by 1%; he basically transferred about 5% of annual public expenditures to the military while drastically cutting the maximum marginal tax rates and changing the emphasis on taxation from high earners and capital gains and onto payroll and new investment. It's a very mixed bag from the point of view of praxis. He treated business income more fairly across the board, ridding the code of many preferences for certain kinds of investments but raising it overall. His record on deregulation is overstated too; much of that was begun under Carter.

The marriage of military hawkishness along with classical economic theories, like the alliance of (classic) economic liberals and social conservatives in the party today, is sometimes a bit odd. Reagan wasn't proud of making the US a debtor nation but he was justly proud of his record wrt the USSR/Eastern Bloc and its economic and political collapse.

630 K ppl in Vermont, Shakey

Unemployment was near 10% but that can be attributed in great part to the Fed keeping interest rates very high, the highest ever in modern markets, peaking at around 20% in 1980, so the beginning of the Reagan recession was really during the end of the Carter presidency.

Paul Volcker warned Reagan in '81 that the short term economic outlook would be very bad; he would be keeping a choke hold on interest rates until the economy was starved.

And he did kill inflation

good summaries of the early 80s economics-wise. kinda sad to think that we've gotten so low that reagan and tip o'neill's early 80s shenanigans look like up to us in 2011.

Panetta to Defense, Petraeus to CIA.

But the White House press secretary has been busy for the last 2 days dealing with questions on something else:

For the second consecutive day, White House Press Secretary Jay Carney was peppered with questions about President Obama's birth certificate. It wasn't just some fringe reporter who worked his way into the briefing room -- the questions came from CNN's White House correspondent. Washington Monthly

oh ffs Obama/White House

http://26.media.tumblr.com/tumblr_lkbco2MFYh1qa9bmvo1_500.jpg

The phrase "live birth" always makes me think of snakes. Which is funny, because most snakes DON'T give live birth, they lay eggs, but I must have seen a nature program of a boa giving birth or something, and they made a big deal of it.

^^^ hardy har (re "full name of father")

weak. shoulda waited til summer 2012.

looks fake

http://25.media.tumblr.com/tumblr_lkbdxzb69h1qa9bmvo1_500.jpg

yr killin me

via twitter

GeneHogan
If Obama really wanted to convince the conservatives, he should have attached the birth certificate to a chain email written in all caps.

LOLOL

also, the thought of a 5 year old bin laden impregnating hippie grad student is lols

http://sheikyermami.com/wp-content/uploads/obamabirth.jpg

the 2 years of the Obamaniac Admin proves to me that he is a hardcore Alinsky leftist, but an incompetent leftist, with no knowledge of basic business or financial concepts, and without any leadership or management abilities. Separate and apart from that is my suspicion that he is a literary and political fraud who fabricated portions of his autobiographies and political resume. If my suspicions are correct, we should all know that before the next election. Simple really.

"the very beating heart of kenya" always gets me.

petraeus at CIA is pretty weird

panetta as secdef seems equally strange. the guy was a chief of staff, a budget dude... don't you want some kind of rockribbed west pointish type dude as secdef?

Well, look at Cap Weinberger.

yeah and you DON'T want a guy like that at CIA, is what people always say. damn spooks hate the military, or something...

xp

I wish Sydney Pollack was still alive so that Oliver Stone could cast him as Panetta in Bam: The Movie.

yeah and you DON'T want a guy like that at CIA, is what people always say

yeah

http://img371.imageshack.us/img371/1125/casparii1zk.jpg

^^^^ hoping someone would post this

really weird post alfred

the one that ends in 'simple really'

I was quoting a Cornerite.

more annoying than any dissatisfaction w the obama administration (a good amount of which i share) is the constant use of 'Bam' as a nickname. shit sets my teeth on edge

haha oh ok. i was mad confused

he is a hardcore Alinsky leftist, but an incompetent leftist

this kind of thinking is so deeply lol to me

"see look, we're right, he's who we say he is, he's just really bad at being who we say he is omg he's SO INCOMPETENT AT PROVING US RIGHT"

xp yeah i feel the same way every time people say derrick rose had a better year than lebron but that's how stans react

'Bam' as a nickname. shit sets my teeth on edge

Wall Street's Stooge in NYC tonight for 3 fundraisers

seriously why haven't ppl started branding Trump as a racist?

i am also glad someone posted the Caspar Weinberger strip. i remember being a kid and reading that, and having to ask who the hell Caspar Weinberger was. now, it's the first thing i think of when i think of the guy.

Wall Street's Stooge in NYC tonight for 3 fundraisers

― your generation appalls me (Dr Morbius), Wednesday, April 27, 2011 4:21 PM (45 minutes ago) Bookmark Suggest Ban Permalink

this im ok with

xp yeah i feel the same way every time people say derrick rose had a better year than lebron but that's how stans react

― k3vin k., Wednesday, April 27, 2011 4:14 PM (53 minutes ago) Bookmark Suggest Ban Permalink

he certainly had better games when playing against him

http://www.theonion.com/articles/afterbirthers-demand-to-see-obamas-placenta,6866/

Bam starts out at Jon fucking Corzine's apartment tonight

alert: stop saying bam it sounds dumb

Yeah, it's 'Barry', ppl.

you realize you just ensured a lot of people saying "Bam" just to get a rise out of you? nb not me I also find it annoying

obama is one of those guys that nicknames don't really stick to. W was W.

OBAMA IS MABUS, THE ANTI-CHRIST, THE BEAST 666!!!

Dude's so awesome, he moonlights as Secretary of the Navy.

i'm not sure the president (let's call him "Bam") should have played to these lunatics by releasing it. it doesn't matter what evidence he provides, they're not remotely going to go "oh wow....i'm really sorry we were so hyper about this. our bad."