Re: [CTRL] The 'responsibility era' - Texas Gov. George W. Bush talks:
-Caveat Lector- Howard R. Davis III wrote: > -Caveat Lector- > > Kris Millegan wrote: > > > > > NATIONAL > > The 'responsibility era' > > > > Undeclared GOP presidential frontrunner, Texas Gov. George Bush, talks > > about his cultural plan of attack > > > > By Cal Thomas > > He fears an economic slowdown because of the Federal Reserve's > > "stretching fiscal policy by lowering [interest] rates to the point > > where there > > > > may not be enough incentive for consumption." > > > > Does this make sense to anyone? It seems to me that if the Fed lowers > interest rates there is more money in the economy and thus more > incentive for consumption. Anybody disagree with that? > > Howard Davis > Yes, here's why 40 central banks all over the world hve lowered interst rates and begun to reinflate since Oct. Reinflation is depreciation of money by running the printing presses(25% increase in MZM money supply by the FED.) It is a policy undertaken by gov. and central banks to ward off deflation, debt paralysis, electoral defeat and bear markets. There is a problem however, once major deflation gets going, lowering interest rates and pumping up the money supply doesn't always work. For instance-Japan has had low interest rates for years and it hasn't helped. From mid-sept. to mid-dec., Japan expanded its money supply at an incredible 78.7% annual rate and it did virtually nothing to stop deflation (or start inflation) or to jump-start the economy. Low interest rates don't stop a depression as we found out in the 30s and Japan has learned. They don't stop deflation or solve the excess capacity problem, and they don't make overextended lenders lend more. The creation of several hundred billion dollars (or more) of new liquidity by the FED cannot prop up a 125 trillion dollar debt pyramid-at least not for much longer. Does that help or not? Barley > DECLARATION & DISCLAIMER > == > CTRL is a discussion and informational exchange list. Proselyzting propagandic > screeds are not allowed. Substancenot soapboxing! These are sordid matters > and 'conspiracy theory', with its many half-truths, misdirections and outright > frauds is used politically by different groups with major and minor effects > spread throughout the spectrum of time and thought. That being said, CTRL > gives no endorsement to the validity of posts, and always suggests to readers; > be wary of what you read. CTRL gives no credeence to Holocaust denial and > nazi's need not apply. > > Let us please be civil and as always, Caveat Lector. > > Archives Available at: > http://home.ease.lsoft.com/archives/CTRL.html > > http:[EMAIL PROTECTED]/ > > To subscribe to Conspiracy Theory Research List[CTRL] send email: > SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] > > To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: > SIGNOFF CTRL [to:] [EMAIL PROTECTED] > > Om DECLARATION & DISCLAIMER == CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substancenot soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. Archives Available at: http://home.ease.lsoft.com/archives/CTRL.html http:[EMAIL PROTECTED]/ To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
Re: [CTRL] The 'responsibility era' - Texas Gov. George W. Bush talks:
-Caveat Lector- Kris Millegan wrote: > > NATIONAL > The 'responsibility era' > > Undeclared GOP presidential frontrunner, Texas Gov. George Bush, talks > about his cultural plan of attack > > By Cal Thomas > He fears an economic slowdown because of the Federal Reserve's > "stretching fiscal policy by lowering [interest] rates to the point > where there > > may not be enough incentive for consumption." > Does this make sense to anyone? It seems to me that if the Fed lowers interest rates there is more money in the economy and thus more incentive for consumption. Anybody disagree with that? Howard Davis DECLARATION & DISCLAIMER == CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substancenot soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. Archives Available at: http://home.ease.lsoft.com/archives/CTRL.html http:[EMAIL PROTECTED]/ To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
[CTRL] The 'responsibility era' - Texas Gov. George W. Bush talks:
-Caveat Lector- from: http://www.worldmag.com/world/issue/01-30-99/national_2.asp http://www.worldmag.com/world/issue/01-30-99/national_2.asp">WORLD Jan. 30, 1999: The 'responsibility era' - NATIONAL The 'responsibility era' Undeclared GOP presidential frontrunner, Texas Gov. George Bush, talks about his cultural plan of attack By Cal Thomas On the eve of his inauguration for a second term as governor of Texas-which few people believe he will complete-George W. Bush spent an hour with me expounding on things one might expect from someone about to run for president. "We live in a cynical time," said the governor. "Underneath the polls and focus groups, people have a sense of embarrassment over the behavior of the president, regardless of their political party." Still, he would "advise whoever the Republican candidate for president is to talk about the future and not remind Americans about how embarrassed they have been. I think one ought to say, 'I'm going to conduct myself in office in a way that will make you proud' and then go on and talk about what you intend to do." He talked about some of the things he would do. Social issues: "I think the major social issue facing America is to change the culture from one that has said 'if it feels good, do it,' to one I call the 'responsibility era.' This means each person has to be responsible for loving your family, for your own decisions and actions, and for loving your neighbor as yourself." He added that changing welfare means not only providing less government assistance but also more help from "an army of compassion" (his version of his father's "points of light"). Abortion: "Part of our responsibility era understands the value of life. I would hope the next leader would lead America to respect life at all levels, including life of the unborn." Gov. Bush said for the Supreme Court he would pick "people who interpret the law as opposed to writing the law. Those are the types I've named to the bench in Texas. They are not judicial activists but judicial scholars." On his personal life: "While 20-30 years ago I was young and irresponsible on occasion, the question that must be asked of anybody who is going to be in a position of responsibility is, 'Have you learned your lesson?'-not whether you made mistakes. Have you grown up? Are you prepared to assume the responsibilities of whatever it may be-fatherhood, husband, governor of Texas? And the answer to that is, yes, in my case." On taxes: Gov. Bush, who has cut taxes in Texas, said he's learned a lesson from his father not to make categorical promises (the famous "read my lips, no new taxes" speech). "One's credibility is paramount to being a leader." He stated government doesn't need more money in times of peace. "A tax cut makes sense," Gov. Bush said, "to keep the economy going." He fears an economic slowdown because of the Federal Reserve's "stretching fiscal policy by lowering [interest] rates to the point where there may not be enough incentive for consumption." On school choice: He favors it for all schools, public, private, and religious, "because school choice will make all schools better." On the presidency: In a clear contrast to President Clinton, Gov. Bush said, "I didn't grow up wanting to be president. When I was 14 or 15 years old, I wasn't trying to position myself to be president. I wasn't that way when I was 21, or 31, or 41. I am struggling with this decision because I understand duty, but I also understand what it means to family. I don't wake up in the morning just dying to be president. I'm as surprised as anybody about the polls and the speculation. I never ran for governor to be president, but to be the best governor of Texas I could be." Gov. Bush told me he will decide something-at minimum an exploratory committee-when the Texas legislature adjourns in June. Meanwhile, people like former Defense Secretary Dick Cheney and former Secretary of State George Shultz have paid visits to help him get ready. He used the word "crusade" to describe what he thinks is needed to transform the country. And he said if he does run he will do so in every primary state. He also mentioned "vision," a word disparaged by his father. Gov. Bush said he has one, and it's about bringing people together (he got 49 percent of the Hispanic vote and a respectable number of black votes) because "I went after them and showed them I care about them and their issues." If he runs, he said he won't decide based on polls: "I've taken only one poll as governor on my reelection. I've never taken a poll on what I believe or to figure out how to position myself on issues. I just know. How do you know to get married? You just know. I'll know. I've never done this before, but I'll know." -© 1999, Los Angeles Times Syndicate - Aloha, He'Ping, Om, Shalom, Salaam. Em Hotep, Peace Be, Omnia Bona Bonis, All My Relations. Adieu, Adios, Aloha. Amen. Roads End Kris DECLARATION & DISCLAIMER == CTRL is