Monday, June 1, 2009

I could never understand the popularity of President Reagan.

But then I did not watch the evening news on TV. I was too busy working 12 hours a day 60 or more hours a week for most of my working life to have time for TV. I got all my news from the papers and read what Reagan said. It’s all vague pap when you read it; I guess it was in the delivery.

The Extremist Conservative Republicans that President Eisenhower thought would never have much clout in the Republican Party found their savior in President Reagan. The Extremist Conservatives quest to eliminate all traces of President Roosevelt’s New Deal found a leader. They were nearly completely successful.

But thank God they didn’t get their holy grail of eliminating Social Security by transferring the funds into the Stock Market. Our Social Security benefits would have been stolen by executives at Bear Sterns, AIG and (I kid you not) Nicky Scarfo's FirstPlus Finiancial Group Inc.

Read,
Reagan Did It
By PAUL KRUGMAN
New York Times May 31, 2009:

http://www.nytimes.com/2009/06/01/opinion/01krugman.html?_r=1

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