dick cheney isn't in office the GOP is being taken over by people who read Bastiat, Hayek and Mises
not Arlen or Cheney if you or any other pro-regressives were literate you could follow along and at least understand them. but Madge, you aren't On Tue, Dec 21, 2010 at 11:27 PM, studio <[email protected]> wrote: > Former Treasury Secretary Paul O'Neill was told "deficits don't > matter" when he warned of a looming fiscal crisis. > > O'Neill, fired in a shakeup of Bush's economic team in December 2002, > raised objections to a new round of tax cuts and said the president > balked at his more aggressive plan to combat corporate crime after a > string of accounting scandals because of opposition from "the > corporate crowd," a key constituency. > > O'Neill said he tried to warn Vice President Dick Cheney that growing > budget deficits-expected to top $500 billion this fiscal year alone- > posed a threat to the economy. Cheney cut him off. "You know, Paul, > Reagan proved deficits don't matter," he said, according to excerpts. > Cheney continued: "We won the midterms (congressional elections). This > is our due." A month later, Cheney told the Treasury secretary he was > fired. > > The vice president's office had no immediate comment, but John Snow, > who replaced O'Neill, insisted that deficits "do matter" to the > administration. > > Source: [X-ref O'Neill] Adam Entous, Reuters, on AOL News Jan 11, 2004 > --- > Do they remember? > Answer; no, they don't even remember having a President, or what his > name was. > That's why they're the Stupid Party. > > -- > Thanks for being part of "PoliticalForum" at Google Groups. > For options & help see http://groups.google.com/group/PoliticalForum > > * Visit our other community at http://www.PoliticalForum.com/ > * It's active and moderated. Register and vote in our polls. > * Read the latest breaking news, and more. -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
