{"id":4491,"date":"2010-11-14T21:26:27","date_gmt":"2010-11-15T01:26:27","guid":{"rendered":"http:\/\/1boringoldman.com\/?p=4491"},"modified":"2010-11-15T01:53:14","modified_gmt":"2010-11-15T05:53:14","slug":"sore-losers","status":"publish","type":"post","link":"https:\/\/1boringoldman.com\/index.php\/2010\/11\/14\/sore-losers\/","title":{"rendered":"“trickle up” economics……"},"content":{"rendered":"\n

This is a long post, so I’ll put the conclusion first and let you decide if you want to see how I got here or not. It comes from wondering how the Republican Administrations can be so cavalier about finances – running up the National Debt, borrowing money from China, supporting programs that lead us into a Recession. I refuse to believe they are just dumb. And they seem so unrepentant when it happens. Then I heard George W. Bush answer the question, "Do you have any regrets?" He answered, "Yes, that I wasn’t able to privatize Social Security."<\/em><\/font><\/strong><\/p>\n

So I’ve been looking over the history, and what I think is that their fiscal irresponsibility has a point. I think they’re actively trying to put us in a financial pinch that means we have to jettison Social Security and Medicare. More than that, they are systematically trying [successfully] to undo all<\/u> of the programs and reforms of the New Deal – FDR’s reforms from almost 80 years ago. They never got over it!<\/font><\/strong><\/em><\/p>\n

I don’t think this is a paranoid fantasy of mine. I think it is an active agenda of theirs…<\/font><\/strong><\/em> <\/p>\n

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REGULATION<\/font><\/strong><\/u><\/p>\n

Several decades before the 1929 Stock Market Crash, there was a harbinger of things to come – the Panic of 1907<\/font><\/strong><\/a>. That run on the Banks was aborted by financier, J.P.Morgan<\/strong>, and resulted in the formation of the Federal Reserve Bank<\/font><\/strong><\/a> and the closing of the Bucket Shops<\/font><\/strong><\/a>: <\/p>\n\n\n
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Bucket Shops<\/font><\/strong><\/u><\/a>:<\/div>\n
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