For example, the financial meltdown of 2008(and counting...). To hear liberals tell it,it all goes back to Ronald Reagan--who with his seductive 'actor' charm fooled America into thinking that by slashing taxes, regulation, and government spending we could unleash free enterprise and create a new wave of prosperity.Sure, liberals concede, that seemed to work for, oh, the better part of three decades, but now were paying the price for all that "greed." The liberal solution? A return to PRE-REAGAN policies of Jimmy Carter, LBJ, and FDR. Speaking of which, what will victory look like in the "War on Poverty"?
Unfortunately, the facts--as always when you're talking about liberal theories-- tell a different story. A story in which all the villains, it turns out, have one thing in common: BIG GOVERNMENT.
That's right. From the"Community Reinvestment Act" that pressured banks into affirmative-action lending, to those "Government- sponsored enterprises" Fannie Mae and Freddie Mac --who bought up all the resulting sub-prime loans and repackaged them as "investment grade" securities-- The Government (Clinton administration) thumb-prints were all over this fiasco from beginning to end.
But those are facts, and facts have no place in the fantasy world of liberal Democratic policy-makers. Nor does history- true history that is, as opposed to the public-school propaganda that teaches, for instance, that FDR's "New Deal" got us out of the Great Depression, when in reality it only depended and prolonged it.
But the question remains: What can those of us in the fast-dwindling, reality-based community do to survive financially as the Obamacrats prepare a "New New Deal" that threatens to outspend the FDR original by about TEN-THOUSAND to ONE?
We better continue to tighten our belts, i guess.
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