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The New THOMA$ REPORT on Thursday, April 30, 2009 5:59:25 PM
Reagan’s legacy is a 25-year boom. The longest economic boom in the history of this country. Created by his reduction in the TAX RATE, which created an INCENTIVE to invest for those who had the money to invest in profit-making, and therefore taxable income-creating projects that also created jobs and millionaires. The Democrats finally destroyed that by passing a law FORCING lenders to loan money to those they KNEW could not repay it and “pulling the plug” (Fannie and Freddy) just before the 2008 election, guaranteeing the Democrats would “take over” the entire government in a “bloodless coup.” They don’t care if they create an economic bust, so long as they get in power and stay there. (
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