Watch CNN right now to see how Reagan used his useful idiots to blame all our problems on government

[NNN0LHI]

http://transcripts.cnn.com/TRANSCRIPTS/1110/30/fzgps.01.html

Here is the pertinent part:

SACHS: I don't think it is all that. I think that markets caused a widening of inequalities in just about every high-income country. But some governments did something constructive about it, where starting in 1981 the U.S. government amplified this in quite reckless ways.

Because when Ronald Reagan came to office, rather than saying we have globalization, we have competition, we now have to do something about our skills, our technology and so forth, he said that government is not the solution to our problems. Government is the problem. It was a fateful call. And this is the path that we've been on for 30 years of dismantling that part of our social institution which - institutions which could actually help with job training, help with education, help with science and technology in a more effective way.

But more than that, Wall Street didn't just gain from globalization, it has been completely reckless. They gamed the system. They packed toxic assets. They sold them to unwitting investors. They let the hedge funds bet against them. And the SEC is finally calling them to account.

But the public is disgusted because after that happened, lo and behold, the next thing is that they begged for bailouts, they got the bailouts. The moment they got the bailouts, they said, leave us alone, deregulate free markets. So they're completely hypocritical in this behavior.

We want everything of ours until we need help, then we want your help, once we get your help, then we want everything again. And it's that kind of impunity that has brought people out around this country deeply angry.

[phasma ex machina]

1. Reagan was quite the actor. He eloquently spoke of making federal government smaller while doing the

exact opposite with his "deficits don't matter" BS, the root cause of our current financial nightmare. Matter of fact, one can always bank on Republicans to make federal government bigger and more centralized. They've been doing it ever since the very first Republican, Lincoln.

[libinnyandia]

2. Reagan Democrats

Every time I hear that term I think of how blind they were to vote for him. Because of their votes, their children have been burdened by debt, have lost union rights. I could go on. What is sad, many never regretted what they did. Most were relatively well off and didn't think of anyone but themselve. It was ironic thet the union that endorsed Reagan was destroyed by him. And now, sad to say, compared to contemporary Republicans Reagan seems almost rational.

[Tejas]

3. Reagan = hypocrite

He used .gov power against the people, ie his push for gun control after the Black Panthers marched through the halls of Sacramento.