XPost: misc.legal, alt.politics.elections, alt.politics.democrats.d   
   XPost: alt.true-crime   
   From: RAL@hotmail.com   
      
   "K Wills"  wrote in message   
   news:rq7b581i6p8ulim8g8clpnk7q8l6tj8j1i@4ax.com...   
   > On Sat, 15 Sep 2012 21:07:18 -0400, "Robert A. Leffingwell"   
   >  wrote:   
   >   
   >>   
   >>"Bill Graham"  wrote in message   
      
   >>   
   >>Typical Billy Graham, the world's greatest bullshit artist and religion   
   >>huckster.   
   >   
   >     Bill is openly atheist.   
   >   
   >> Lots of bullshit but not an ounce of documentation or fact. Only a   
   >>certifiable bullshit artist tells us that wars don't cost us a freakin'   
   >>dime.   
   >>   
   >   
   >     I see no such claim from him. He claims your possition that most   
   > of the debt came from two wars isn't true, but that's not the same as   
   > claiming wars don't cost anything.   
      
   Yeah.  Wars are cheap, right?  And taking care of our vets when they come   
   home does not cost us much either, right?   
      
   Got news for you. When you combine the cost of two unfunded wars plus the   
   fact that Cheney emptied the US Treasury by sending everyone a $300 check,   
   you have debt, sir.  And lots of it.  So much so, that jobs are eliminated,   
   real estate values become significantly lower than the face value of their   
   respective mortgages and unregulated (thank you, Pres. Reagan) CMOs that are   
   marketed all over the world become worthless.   
      
   Sound familiar?   
      
   >   
   >>As for Keynesian economics vs. "supply side" (aka, "trickle down" or   
   >>"declare war on the middle class and  reward the wealthy political   
   >>donors"),   
   >>the USA has tried both approaches.  In every case, Keynesian economics had   
   >>to be employed to rescue the US out of a mess caused by "supply side."  It   
   >>happened in 1933, 1993 and in 2009.   
   >   
   >     What the government should do is only spend the money it has.   
      
   "Supply side says we should spend and borrow   
   Then blame the mess on the Democrats who are sure to follow"   
      
   > Sadly, I don't know of any administration that has done this in over   
   > 50 years.   
   >   
      
   Keynesian economics should have been familiar to Billy Graham.  It is   
   similar to the economics Joseph had proposed to Pharoah.  In good times we   
   raise taxes and pay down the debt.  In bad times we will need to borrow for   
   infrastructure investments that will trickle UP into the economy.  Clinton   
   and Bob Rubin did their part.  They paid down the national debt with a plan   
   to be debt free by 2020.  While Clinton was president the government was no   
   longer competing with private enterprise for capital and as a result we had   
   full employment and a record stock market.   
      
   Then Cheney came along, emptied the US Treasury by sending everyone a $300   
   check in an effort to buy votes (it did)  while looking for an excuse to   
   start a war with Iraq and steal its oil.  The rest is history.   
      
      
   ==============================   
   "Just when you think you have all the answers, they changed the questions"   
      
   -- Rowdy Roddy Piper   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)