But here are some dot points I've reproduced from a previous discussion I've had on Reagan;
- Essentially oversaw the destruction of the financial system, while exporting much of the real economy overseas.
- Carried out the first "too big to fail" banking bailout while setting the stage for the first Savings and Loan financial crisis.
- Started the era of massive salaries for CEOs.
- Responsible for the rivers of blood that were spilt from Central America to southern Africa (a separate topic in itself).
- Transforming Pakistan into a nuclear armed state while being aligned to powerful radical islamic forces.
- Turning the US from the world's leading creditor to the worlds leading debtor.
- Moved the US from an industrial society to one which real wages have stagnated and a powerful few have gained incredible wealth.
Wasnt it Daddy Bush that bailed out the S & Ls in the late 1980 s
ReplyDeleteBut it was Ronny "Ray Gun" that set the wheels in motion
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