Where's Ronnie when we need him?

22 Jul 2011 16:42 #1 by archer


Ronald Reagan’s position on the debt ceiling illustrates how far right the Republican Party has drifted. In his day, Reagan was considered a far right conservative. Today, Ronald Reagan would be viewed as a moderate Republican or a very conservative Democrat. The vast majority of the American people understand that revenue must be raised. Seventy four percent of Republicans agree that revenue must be raised along with the debt ceiling.

Were he alive today, President Reagan would agree with the Democrats and Barack Obama on taxes and the debt ceiling.

Let that sink in, and realize how out of touch the tea party Republicans in the House must be if they really believe that they are speaking for the American people.

http://www.politicususa.com/en/reagan-debt-ceiling

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22 Jul 2011 16:56 #2 by archer

Ronald Reagan’s September 26, 1987 radio address,

"Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar. The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility – two things that set us apart from much of the world."

http://www.politicususa.com/en/reagan-debt-ceiling

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22 Jul 2011 16:59 #3 by archer

Here, then, are 10 Inconvenient Truths About the Debt Ceiling:

1. Republican Leaders Agree U.S. Default Would Be a "Financial Disaster"
2. Ronald Reagan Tripled the National Debt
3. George W. Bush Doubled the National Debt
4. Republicans Voted Seven Times to Raise Debt Ceiling for President Bush
5. Federal Taxes Are Now at a 60 Year Low
6. Bush Tax Cuts Didn't Pay for Themselves or Spur "Job Creators"
7. Ryan Budget Delivers Another Tax Cut Windfall for Wealthy
8. Ryan Budget Will Require Raising Debt Ceiling - Repeatedly
9. Tax Cuts Drive the Next Decade of Debt
10. $3 Trillion Tab for Unfunded Wars Remains Unpaid

http://crooksandliars.com/jon-perr/10-i ... bt-ceiling

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22 Jul 2011 17:00 #4 by archer

This is what President Ronald Reagan said about what would happen if the debt ceiling were not raised in 1983:

“The full consequences of a default — or even the serious prospect of default — by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.”

http://www.thepresidentialcandidates.us ... ling/1520/

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22 Jul 2011 17:03 #5 by AspenValley
Have you ever noticed how conservatives only admire ideas of the long dead?

If a politician today said the same things Ronald Reagan did back then, he would be hooted out of the Tea Party meeting.

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22 Jul 2011 17:08 #6 by archer
Conservatives have forgotten what it means to be a conservative.....instead they have taken on the mantra of a few extremists. It may well be the ruination of the GOP.

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22 Jul 2011 17:35 #7 by PrintSmith
What else did Reagan say that you agree with archer? How about more government is not the solution to the problems we face? Do you agree with that one? How about the Department of Education should be eliminated? Oh, I know, "I don't believe in a government that protects us from ourselves." A better one yet, "The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Perhaps more appropriate to the current focus on the debate surrounding raising the debt limit yet again, "The fact is, our deficits come from the uncontrolled growth of the budget for domestic spending."

Any of those strike a chord with you archer?

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22 Jul 2011 17:38 #8 by archer
Deflectors on maximum!!!

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22 Jul 2011 17:56 #9 by PrintSmith
That's right - attempt to deflect rather than face head on the nature of the problem; which originates in the amount of money DC wishes to spend instead of the amount of money it collects as its share of the national production. Keep deflecting the argument away from reality archer - it's the best course of action after all.

The Republicans in the House have shouldered their responsibility. They have both passed the debt limit increase that the president asked for and passed the restrictions upon future spending limits that their constituents sent them to DC to enact. What has the executive and the Democrats in the Senate done to shoulder theirs? Reject everything other than what they want without proposing any concrete alternatives? Let's see Reid get something, anything, through the Senate to counter the proposal passed by the House and then see what a reconciliation committee comes up with. The Republicans in the House have passed a debt limit increase archer, they've done the job that the Constitution calls on them to do and that they were elected by the citizens of their states to do.

When will the Senate, controlled by a majority of Democrats, do the same?

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22 Jul 2011 18:01 #10 by LadyJazzer
The regurgitation of the mantra that the House is "being responsible" in screwing the seniors, the lower & middle classes, the sick and the rest of the country so that the [job creators] can keep their tax breaks & subsidies is as putrid now as it always is...

You need some new material... This tired ol' crap isn't working.

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