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[quote]QUOTE: Originally posted by greyhounds One more thing. How could a man be elected to head his union, be elected Govenor of California twice, and then President of the United States twice, by overwhelming majorities, and have "little political skills"? Ken Strawbridge [/quote] He had good men working for him.... Remember, he was always making blunders in the"first person", that he would "wriggle" out of later,..giving rise to the name "Teflon president"? Those maneuvers were his advisors work, he did have excellant advisors. I thought Reagan was a great president too, back at the time, but being popular and being smart are not the same thing,...and Reagan was popular. I lived in California from 1989-2003, and the memories are not all positive I assure you, he is just given a whole lot of slack because of his health misfortunes these last several years, no one wants to be seen beating up a sick old man. As far as his Brilliant economic policies, does the name KEATING mean anything to you guys? How about the term "see through office buildings"? The two are related. Trying to stimulate the economy by putting the average construction workers back to work,they loosened up the FED to unprecedented levels, allowing just about anyone to borrow heavily for speculative developement of commercial buildings. Funny thing about "spec" is, eventually you gotta fill them up, or the lender comes to repo. Big problem comes in when so many buildings have been repo'd, that the last thing the lender wants is yet another empty (hence "see thru") office building, to go with the others they've already had to swallow. Lenders need pyment on account, to pay their investers, or hard assets they can swiftly liquidate . When all the lenders have buildings they need to swiftly liquidate, the market to sell such buildings really bottoms out, and the market goes bust. That is the Reagan legacy, in some markets, the downtown vacancy rates doubled and tripled, and still in some markets have never recovered... As far as the fall of communism, yeah right, he PLANNED FROM THE BEGINNING to spend them into bankruptcy... That's some strategy....It makes a great story "after the fact", but do you REALLY believe such was a cognizant strategy "going in"? Hey, I consider myself a Republican, but if you wanna see a "smart" republican, take a look at Barry Goldwater,....this country would be so much better off had he, and not LBJ, won the '64 election
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