President Reagan:

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    Dec 03, 2013 11:07 AM GMT
    Not only the best US President of the 20th Century, but the best world leader of his time!

    America and Obama could really do with him right now, as Obama is failing America in a way President Reagan never did.

    Long live the Queen and the Commonwealth.
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    Dec 03, 2013 11:31 AM GMT
    Was he really ever the president? He was elected in the first stages of dementia and by the time he left office, with scandals and massive debt, he was completely loony. Other than GW Bush, you would be hard pressed to find a worse American president in history, unless there was one with a secret scat eating fetish or another who traded weapons with terrorists that I don't know about.
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    Dec 03, 2013 5:24 PM GMT
    tru_blu_ozzie saidNot only the best US President of the 20th Century, but the best world leader of his time!

    America and Obama could really do with him right now, as Obama is failing America in a way President Reagan never did.

    Long live the Queen and the Commonwealth.


    Of the 20th Century ... I used to think it was FDR, but now I think you're correct. I would also have to say Ronald Reagan. I would probably say
    1) Reagan
    2) FDR
    3) TR
    4) Clinton Tie
    4) GW Bush Tie
    6) Nixon
    7) Ike

    JFK had lots of potential but I don't think we had him around long enough to know. Had he lived on to a second term and accomplished what I thought he could, I'd probably rank him number 3 and move TR to 4th.

    Sorry to be so bipartisan with the mix of Democrats and Republicans.
  • rnch

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    Dec 03, 2013 5:42 PM GMT
    How's President Reagan's "Trickle Down" Economics workin' out for you icon_question.gif




    icon_mad.gif
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    Dec 03, 2013 5:46 PM GMT
    rnch saidHow's President Reagan's "Trickle Down" Economics workin' out for you icon_question.gif


    Actually worked great for me and just about everyone that I know. Those were very good years for just about everyone.

    Thanks for asking.
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    Dec 03, 2013 5:51 PM GMT
    Good man; VERY overrated President.
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    Dec 03, 2013 5:55 PM GMT
    Folksy, personable and lucky, but 'great', perhaps not.
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    Dec 03, 2013 6:01 PM GMT
    libertpaulian saidGood man; VERY overrated President.


    Underrated and I think one of the top five in U.S. history. I was still mad at him for costing Gerry Ford reelection in 76. But had it not been for Carter, we may have not had Reagan.

    I do think he was having some intermittent cognitive problems in his last two years in office.
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    Dec 03, 2013 6:26 PM GMT
    freedomisntfree said
    libertpaulian saidGood man; VERY overrated President.


    Underrated and I think one of the top five in U.S. history. I was still mad at him for costing Gerry Ford reelection in 76. But had it not been for Carter, we may have not had Reagan.

    I do think he was having some intermittent cognitive problems in his last two years in office.

    Don't get me wrong, I think he did a good job, given the circumstances (just coming out of a recession, transitioning governments in Eastern Europe, etc.). I just don't think he's the extraordinary great that some make him out to be.
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    Dec 03, 2013 6:27 PM GMT
    libertpaulian said
    freedomisntfree said
    libertpaulian saidGood man; VERY overrated President.


    Underrated and I think one of the top five in U.S. history. I was still mad at him for costing Gerry Ford reelection in 76. But had it not been for Carter, we may have not had Reagan.

    I do think he was having some intermittent cognitive problems in his last two years in office.

    Don't get me wrong, I think he did a good job, given the circumstances (just coming out of a recession, transitioning governments in Eastern Europe, etc.). I just don't think he's the extraordinary great that some make him out to be.


    Correct. That's why I 'only' give him top five.

    I was a GOP county chair during the reelection effort of Gerry Ford so I had a burr or two regarding Reagan for a long long time.
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    Dec 03, 2013 7:36 PM GMT
    One of the first things I recall about President Reagan before his inauguration was the hostages being released the day before, as America now had a strong president. This was to at the time scare the shit out of me, as he seemed to be able to do with the terrorist holding the hostages. Now I look back and thing what a guy, and Cater what a bloody weak man.

    But at the same time my life was consumed with the Gay Plague Era that was also at the start of President Reagan's leadership.
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    Dec 03, 2013 8:09 PM GMT
    Reagan has become as mythological character as far as his presidency being so great. He was an actor, he knew how to shuck people and he got by a lot of personality, along with sappy lines.

    Let's think about the housing collapse in recent years, which was due in part to sub-prime lending. It was Reagan who changed the rules and allowed banks to give home loans without any money down required. That in turn set up the housing collapse that burdened the economy.

    Then there was his veto of sanctions of apartheid South Africa, which was thankfully overridden by Congress. It's not surprising that he vetoed the sanctions, though, since he started off his 1980 presidential campaign by giving a racial dog whistle speech in Philadelphia, MS, where three civil rights workers were murdered.

    Not to mention the Iran-Contra affair, which peddled arms to terrorists, who in turn pumped crack into urban areas in huge amounts. He also was a big supporter of the South American dictators, who killed thousands of political dissidents.


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    Dec 03, 2013 8:27 PM GMT
    Mr_Kyle_Barker saidReagan has become as mythological character as far as his presidency being so great. He was an actor, he knew how to shuck people and he got by a lot of personality, along with sappy lines.

    Let's think about the housing collapse in recent years, which was due in part to sub-prime lending. It was Reagan who changed the rules and allowed banks to give home loans without any money down required. That in turn set up the housing collapse that burdened the economy.

    Then there was his veto of sanctions of apartheid South Africa, which was thankfully overridden by Congress. It's not surprising that he vetoed the sanctions, though, since he started off his 1980 presidential campaign by giving a racial dog whistle speech in Philadelphia, MS, where three civil rights workers were murdered.

    Not to mention the Iran-Contra affair, which peddled arms to terrorists, who in turn pumped crack into urban areas in huge amounts. He also was a big supporter of the South American dictators, who killed thousands of political dissidents.




    Oh really !!!!! Just amazing!

    CRA was passed in 1977 and Glass–Steagall was repealed in 1999 "President Bill Clinton publicly declared "the Glass–Steagall law is no longer appropriate." and replaced (sorta) with Gramm–Leach–Bliley passed in 1999,

    Reagan's term was when?
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    Dec 03, 2013 8:36 PM GMT
    tru_blu_ozzie saidNot only the best US President of the 20th Century, but the best world leader of his time!

    America and Obama could really do with him right now, as Obama is failing America in a way President Reagan never did.

    Long live the Queen and the Commonwealth.


    He brought in Socialist medicine with the whole no-ER-can turn-away-anyone thing. Only one catch, no funding, so the hospitals passed the costs onto the patients with insurance.

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    Dec 03, 2013 8:47 PM GMT
    Reagan promoted deregulation, the Garn–St. Germain Depository Institutions Act led to a lot of sub-prime lending. Those buyers who couldn't really afford loans took out adjustable rate mortgages, which Garn-St. Germain allowed for.

    CRA was to curb redlining, which was a totally different practice than lending. While it did give credit to banks for lending to low income home buyers, Reagan's deregulation further allowed banks to give loans that they knew were high risk. It all comes back to deregulation, which Reagan was a huge proponent of.
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    Dec 03, 2013 8:57 PM GMT
    Mr_Kyle_Barker saidReagan promoted deregulation, the Garn–St. Germain Depository Institutions Act led to a lot of sub-prime lending. Those buyers who couldn't really afford loans took out adjustable rate mortgages, which Garn-St. Germain allowed for.

    CRA was to curb redlining, which was a totally different practice than lending. While it did give credit to banks for lending to low income home buyers, Reagan's deregulation further allowed banks to give loans that they knew were high risk. It all comes back to deregulation, which Reagan was a huge proponent of.


    "Reagan promoted deregulation,"

    In general, yes, but by 1999 Reagan wasn't promoting much of anything other than not pooping his own pants


    "The Garn–St. Germain Depository Institutions Act of 1982 (Pub.L. 97–320, H.R. 6267, enacted October 15, 1982) is an Act of Congress that deregulated savings and loan associations and allowed banks to provide adjustable-rate mortgage loans. It is disputed whether the act was a mitigating or contributing factor in the savings and loan crisis of the late 1980s.[1]

    The bill, whose full title was "An Act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans," was a Reagan Administration initiative.[2]

    The bill is named after its sponsors, Congressman Fernand St. Germain, Democrat of Rhode Island, and Senator Jake Garn, Republican of Utah. The bill had broad support in Congress, with co-sponsors including Charles Schumer and Steny Hoyer.[3] The bill passed overwhelmingly, by a margin of 272-91 in the House.[4]"
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    Dec 03, 2013 9:02 PM GMT
    What does 1999 have to do with anything? Sure, Glass-Steagall was repealed then, but much of the damage by deregulation was already done on the housing front, along with the savings and loan crisis. The overall economic collapse wasn't triggered by one single bill, lots of the deregulation during Reagan's term did damage in the long run, with Glass-Steagall's repeal only compounding it.

    No one can say congressional Democrats behaved smartly about deregulation, they hold a lot of responsibility for the economic collapse, too.
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    Dec 03, 2013 9:04 PM GMT
    tru_blu_ozzie saidOne of the first things I recall about President Reagan before his inauguration was the hostages being released the day before, as America now had a strong president. This was to at the time scare the shit out of me, as he seemed to be able to do with the terrorist holding the hostages. Now I look back and thing what a guy, and Cater what a bloody weak man.


    Actually, it was the Carter administration that did most of the leg work in getting the hostages released. The release of the hostages 20 minutes after Reagan's inauguration was just good luck for Reagan (and calling it 'luck' is certainly seen by many as a charitable interpretation of the timing).
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    Dec 03, 2013 9:09 PM GMT
    Mr_Kyle_Barker saidWhat does 1999 have to do with anything? Sure, Glass-Steagall was repealed then, but much of the damage by deregulation was already done on the housing front, along with the savings and loan crisis. The overall economic collapse wasn't triggered by one single bill, lots of the deregulation during Reagan's term did damage in the long run, with Glass-Steagall's repeal only compounding it.

    No one can say congressional Democrats behaved smartly about deregulation, they hold a lot of responsibility for the economic collapse, too.


    "What does 1999 have to do with anything? Sure, Glass-Steagall was repealed then"

    Lot to do with it.

    And what I've said at least 10,000 times .... plenty of blame to go around ..... from 1977 (CRA) on.

    George W Bush at least tried to reign it in a bit in 2003 (hint, front page NYT sept 11, 2003) and guess who furiously opposed him?
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    Dec 03, 2013 9:19 PM GMT
    He was the one who didn't back down over the air traffic controller strike and we lost many air traffic controllers. Interestingly, we then had more airline accidents after that.
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    Dec 03, 2013 9:19 PM GMT
    Lumpyoatmeal saidHe was the one who didn't back down over the air traffic controller strike and we lost many air traffic controllers. Interestingly, we then had more airline accidents after that.


    Cite?
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    Dec 03, 2013 9:21 PM GMT
    Best of all, was that Reagan never allowed the word AIDS to pass his lips, and he forbade anyone in his administration or federal agency from addressing it as well.
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    Dec 03, 2013 9:22 PM GMT
    Lumpyoatmeal saidBest of all, was that Reagan never allowed the word AIDS to pass his lips, and he forbade anyone in his administration or federal agency from addressing it as well.


    Cite?
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    Dec 03, 2013 9:25 PM GMT
    Lumpyoatmeal saidBest of all, was that Reagan never allowed the word AIDS to pass his lips, and he forbade anyone in his administration or federal agency from addressing it as well.


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    Dec 03, 2013 9:32 PM GMT
    "George W Bush at least tried to reign it in a bit in 2003 (hint, front page NYT sept 11, 2003) and guess who furiously opposed him?"

    And to finish my post from above since Mr. Kyle Barker hasn't challanged me on it yet

    http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html

    and opposed by