Friday, September 30, 2011

REAGAN REPUBLICAN: THE GOP SHOULD FILE FOR BANKRUPTCY

If only the residents of the ENCLAVE could READ this review from a top GOP President Ronald Reagan Budget director.....they would not be made such fools listening, sheepishly, to the TEATHUGS on what and who caused this economic crisis, and why President Obama is on the correct track to SAVE AMERICA.

Right now the GOP is the source of our economic grief....and the American people needs the support of the Southern Poor Folks to get the HOUSE OF REPRESENTATIVES TO PASS THE JOBS BILL....America is calling on y'all,to make a fuss with Congress, so we can have a Job for Christmas.... and give our families a little happiness....a liitle good time.....in the midst of this mess..the GOP created......

This is the opening statement by ...DAVID STOCKMAN , (If this was WAR,we would treat Mr. STOCKMAN, as a valuable informant, in the WAR AGAINST AMERICA'S ECONOMIC DESTRUCTION).

"How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget, wrote in a recent New York Times op-ed piece, "Four Deformations of the Apocalypse."

He continues...."Get it? Not "destroying." The GOP has already "destroyed" the U.S. economy, setting up an "American Apocalypse." This is very instructive...because..while President Obama has been trying, very unsuccessfully, to get the new Republican Party, better known as the TEATHUGLICANS for their bullying ways, to come together on behalf of ,SAVING AMERICA....unfortunately, the TEATHUGS have been concentrating on attacking the President seeking to mobilize the poorest Americans , based on "race baiting" and "Birtherism" to create mischief and lies seeking to blame,President Obama , for the mess , they sat in Congress and agreed to.

"Yes, Stockman is equally damning of the Democrats' Keynesian policies. But what this indictment by a party insider -- someone so close to the development of the Reaganomics ideology -- says about America, helps all of us better understand how America's toxic partisan-politics "holy war" is destroying not just the economy and capitalism, but the America dream. And unless this war stops soon, both parties will succeed in their collective death wish".

"But why focus on Stockman's message? It's already lost in the 24/7 news cycle. Why? We need some introspection. Ask yourself: How did the great nation of America lose its moral compass and drift so far off course, to where our very survival is threatened"?

" We've arrived at a historic turning point as a nation that no longer needs outside enemies to destroy us, we are committing suicide. Democracy. Capitalism. The American dream. All dying. Why? Because of the economic decisions of the GOP the past 40 years, says this leading Reagan Republican ".

"Please listen with an open mind, no matter your party affiliation: This makes for a powerful history lesson, because it exposes how both parties are responsible for destroying the U.S. economy. Listen closely":

Reagan Republican: the GOP should file for bankruptcy

"Stockman rushes into the ring swinging like a boxer: "If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. The nation's public debt ... will soon reach $18 trillion." It screams "out for austerity and sacrifice." But instead, the GOP insists "that the nation's wealthiest taxpayers be spared even a three-percentage-point rate increase."

"In the past 40 years Republican ideology has gone from solid principles to hype and slogans. Stockman says: "Republicans used to believe that prosperity depended upon the regular balancing of accounts -- in government, in international trade, on the ledgers of central banks and in the financial affairs of private households and businesses too."

"No more. Today there's a "new catechism" that's "little more than money printing and deficit finance, vulgar Keynesianism robed in the ideological vestments of the prosperous classes" making a mockery of GOP ideals. Worse, it has resulted in "serial financial bubbles and Wall Street depredations that have crippled our economy." Yes, GOP ideals backfired, crippling our economy. "

"Stockman's indictment warns that the Republican party's "new policy doctrines have caused four great deformations of the national economy, and modern Republicans have turned a blind eye to each one:"

Mr Stockman, continued to elaborate on the FOUR DEFORMATIONS OF THE APOCALYPSE ..
He identified them as...
Stage 1.Nixon irresponsible, dumps gold, U.S starts spending binge.
Stage 2. Crushing debts from domestic excesses, war mongering.
Stage 3. Wall Street's deadly 'vast, unproductive expansion'
Stage 4. New American Revolution class-warfare coming soon .

Before defining each of his FOUR APOCALYPSES, Mr Stockman..makes a damning statement that the supporters of the TEATHUGS should heed...... "If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. The nation's public debt ... will soon reach $18 trillion." It screams "out for austerity and sacrifice." But instead, the GOP insists "that the nation's wealthiest taxpayers be spared even a three-percentage-point rate increase."

You can read, Paul B. Farrell's capture of DAVID STOCKMAN'S ANALYSIS OF GOP'S AMERICA...by clicking on this link.

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