|

Our Noble Vision – An opportunity for all – Reagan’s 1984 speech

I think these quotes from Ronald Reagan’s 1984 speech (what an apropos year for this topic) sums up my thoughts about the difference between greater freedom in America and bigger government, as envisioned by those who would forego freedom and opportunity, for a taxpayer funded safety net.

Excerpt:

The difference between the path toward greater freedom or bigger government is the difference between success and failure; between opportunity and coercion; between faith in a glorious future and fear of mediocrity and despair; between respecting people as adults, each with a spark of greatness, and treating them as helpless children to be forever dependent; between a drab, materialistic world where Big Brother rules by promises to special interest groups, and a world of adventure where everyday people set their sights on impossible dreams, distant stars, and the Kingdom of God. We have the true message of hope for America.

I think America is better off than we were three years ago because we’ve stopped placing our faith in more government programs. We’re restoring our faith in the greatest resource this nation has — the mighty spirit of free people under God. It was you who reminded Washington that we are a government of, by, and for the people, not the other way around. It was you who said it is time to put earnings back in the hands of the people, time to put trust back in the hands of the people, time to put America back in the hands of the people.

An opportunity society awaits us. We need only believe in ourselves and give men and women of faith, courage, and vision the freedom to build it. Let others run down America and seek to punish success. Let them call you greedy for not wanting government to take more and more of your earnings. Let them defend their tombstone society of wage and price guidelines, mandatory quotas, tax increases, planned shortages, and shared sacrifices.

I will not permit an antigrowth coalition to jeopardize this recovery. If they get their way, they’ll charge everything on your “Taxpayers Express Card.” And believe me, they never leave home without it.

Visionaries see infinite possibilities for new economic growth in America’s next frontier — space. Our challenge of building a permanently manned space station, and of further exploration, can open up entire new industries. Products from metal alloys to lifesaving medicines — these can immensely improve our environment and life on Earth.

What does this say about Obama who ended the space program – it says he needs more money to perpetuate his big government, Big Brother nanny state, and redistribution of wealth to the government for handouts, which Reagan warned us about in 1984!

Share:

74 Comments

  1. Terry

    Do a internet search on “Debt balance January 20, 2009 $12.8 trillion” (w/o the quotes) and you know what comes up? THIS ARTICLE.

    No reputible source says Obama’s debt balance at the beginning of his term was $12.8 Trillion.

    Substitute $12.8 Trillion with $10.6 Trillion and see the nultiple references.

    I might need to rethink who is Gilligan between you and Brian

  2. Terry

    One more from the Fact Check people:

    http://www.factcheck.org/2011/02/sorry-statistics/

    $10.627 billion.

    Game – Set – Match

    • Ted Biondo

      Terry, you absolutely right. Many cannot except the fact tha Obama has raised the debt by almost $6T dollars. Bush was bad. Obama is the king of deficit spending well beyond the revenue taken in. However, the Republicans are also signing on to the continuing resolutions, which are signed by the KING of debt!

  3. Brian Opsahl

    And Ted none of you can except the fact that Mr.Obama was handed a economic dissaster and had to spend alot of money to stop the bleeding from Bush’s leftover mess…why is that

    If Mr.Obama was left with a budget surplus like Bush was maybe he doesn’t have to break the bank trying to fix everything,but you all forget about that hhhmmm.

    Game,set,match….who are you kidding…your arguing about a couple of trillion,but forget how it got that way in the first place aren’t you

  4. Terry

    Here is what Obama was handed – an economy 14 months into recession and the mechanism to get us out of the recession – TARP. All Obama had to do was keep following the instructions and then he should have had a great economic recovery with multi-year growth in the 4-5% range (see prvious post on Friedman’s guitar string theory). Instead Obama goes big gov’t and wasteful spending and high regulation and the economy has puttered and unemployment is teh worse for a recovery since the 1930′s.

    And I’ve told you how we got here if you would pick up a book.

  5. JRM_CommonSense

    Follow the instructions for TARP? I assume that you are aware of all of the changes to TARP funding and what it could be spent on that were legislated and/or directed shortly after TARP was passed during the last months of Mr. Bush’s last term and during the first few months of Mr. Obama’s first term.

    Let me see, how much was allocated – $800 billion or $431 billion? How much was actually spent? How many times were the kinds of things that could be purchased with TARP funds changed? How much was actually spent; and on what; and how much has been paid back with interest? And how much have the banks loaned as a result of TARP assistance versus what should they have loaned to make the process successful. Oh there are so many questions about TARP! I am sure that there was a clear set of instructions that the Obama administration could have followed and been more successful.

  6. Brian Opsahl

    It wasn’t just an economy in recession for only 14 months it was a perfect storm of colaspe.
    housing market,stock market,auto companys layoffs,banks failing,all at the same time….

    Mr.Obama has stopped all that bleeding and it takes more than a little time to fix all this…hello..!! everything all at once is a disaster waiting to happen and because of Obama it didn’t…did it..?

  7. Terry

    JRM,

    I am aware of the stipulations of TARP – its good points and its bad points.

    The vast majority of the money lent to the banks has been paid back with interest. GM and Chrysler, not quite as good, but better than Fannie and Freddie.

    The banks might have been able to loan some of that money, but they had capital requirements placed upon thru TARP and then even more thru Dodd-Frank. The unintentional consequences of dumb regulations.

    Brian,

    “It wasn’t just an economy in recession for only 14 months it was a perfect storm of colaspe.
    housing market,stock market,auto companys layoffs,banks failing,all at the same time….” – Let’s deconstruct this:

    The recession was caused by the housing bubble bursting.

    The stock market was caused by the financial collapse caused by the housing bubble bursting.

    The auto companies (two of three union ones, not the non-union) layoffs were caused by the recession which was caused by the housing bubble bursting.

    The banks failing was caused by the housing bubble bursting.

    Are you seeing the common thread running thru this? The housing bubble bursting, whcih was caused by the lowering the lending standards as “encouraged” (in a Mafia sort of way) by the federal gov’t thru its GSEs Fannie and Freddie. See the quote I gave you from Robert Reich where that mess all started.

    What Obama fixed was the tail end of the recession – it was over by June, 2009. Obama did very little to contribute to the end of the recession and he has been a disaster for the recovery.

  8. JRM_CommonSense

    So what exactly were the set of instructions for TARP that you claim would have gotten us out of the recession if Obama had followed them?

  9. Terry

    The law would be a good start – Obama did vote for it.

    Obama did follow the instrcutions, that’s why we were out of the recession in June, 2009. The anemic recovery with the worse growth rate of any Post WW2 recovery is a whole other story. That he botched.

  10. JRM_CommonSense

    Now who is twisting the truth of what he actually said?

  11. Brian Opsahl

    Woulda shoulda coulda….doesn’t work,playing arm chair quarterback …after the fact is to late.

    So after 7 years …everything went bad ….and it’s Clintons or Obama..? who are you trying to blame today..?

  12. Terry

    JRM,

    Not twisting any truth. And who is “he”?

    Brian,

    I’m not blaming Obama for the recession, just th current anemic economic recovery.

    The hosuing bubble foundation was set and in full bloom during the Clinton administration with the expansion of the Fannie and Freddie. See my quote from Clinton Sec of Labor Robert Reich that I have provided.

  13. JRM_CommonSense

    The “he” is also known as Terry. He is the one twisting the truth of what he said.

    Now show us what exactly were the set of instructions for TARP that you claim would have gotten us out of the recession if Obama had followed them.

  14. Terry

    They were in teh law. Also, Obama’s Sec of the Treasury, Timmy Geithner was the Fed Chairman of the NY District during the financial meltdown. He knew how to finish the TARP bailout that Bush started.

  15. SNuss

    A few Obama regime facts, from Tuesday, November 22, 2011 …….

    The Congressional Budget Office on Tuesday downgraded its estimate of the benefits of President Obama’s 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy.

    CBO said that while the Recovery Act boosted the economy in the short run, the extra debt that the stimulus piled up “crowds out” private investment and “will reduce output slightly in the long run — by between 0 and 0.2 percent after 2016.”

    The analysis confirms what CBO predicted before the stimulus passed in February 2009, though the top-end decline of two-tenths of a percent is actually deeper than the agency predicted back then.

    All told, the stimulus did boost jobs and the economy in the short run, according to CBO’s models. At the peak of spending from July through September 2010, it sustained anywhere from 700,000 to 3.6 million, which lowered the unemployment rate by between four-tenths of a percent to 2 percent.

    Read more: http://www.washingtontimes.com/news/2011/nov/22/cbo-stimulus-hurts-economy-long-run/#ixzz2Sr0UKtG2
    Follow us: @washtimes on Twitter

    It hasn’t gotten any better since then.

  16. JRM_CommonSense

    Boy that Terry really knows how to dodge answering questions. Make you wonder if he is really as smart as he says he is.

  17. Terry

    JRM,

    Read this. It should have all your answers.

    http://www.gpo.gov/fdsys/pkg/PLAW-110publ343/pdf/PLAW-110publ343.pdf

  18. JRM_CommonSense

    Well, Terry, it had all the answers from the day it was passed to exactly one month later. I think you should read this and then try to tell me where the instructions were for Obama to use TARP to stimulate economic recovery.

    http://online.wsj.com/article/SB122668748980128877.html

    This is particularly interesting in light of the fact that “Treasury Assistant Secretary Neel Kashkari, who is heading up the government’s implementation of the rescue plan, defended the department’s actions, saying that no one should expect the plan to solve all of the nation’s economic problems. “It’s not a stimulus, it’s not an economic growth plan,” Mr. Kashkari told lawmakers. “It’s an economic stabilization plan.”

    So, I don’t think that the bill you had me read was even worth the paper it was written on just a mere one month after it waqs passed. This is especially true since the money in the bill that was marked for reducing foreclosure rates was never allocated. So much for instructions. Maybe you need to try again. Your choice to give me the bill as the set of instructions was an attempt to decieve us, and we all know that those who deceive are liars.

  19. Terry

    “It’s not a stimulus, it’s not an economic growth plan,” Mr. Kashkari told lawmakers. “It’s an economic stabilization plan.” – EXACTLY RIGHT. It stabilized the economy and allowed it come out of recession. It stabilized the finanical industry – mission accomplished.

    The economic growth plan is what you need after the recession is over. America is still waiting. It sure wasn’t Obama’s Stimulus which basically peed away $800 billion and generated a poor job creation environment.

  20. JRM_CommonSense

    So where are the “instruction” that you claim were given to Obama?

    They obviously were not in the TARP bill that you just told me had the instructions that you said Obama did not follow.

    You cannot have it both ways Terry. Otherwise people might think you are trying to deceive them. And according to you, those who decieve are liars. Could it be that the three letters behind your name are not quite enough?

  21. Terry

    It’s in the bill – just read it.

  22. JRM_CommonSense

    Oh Terry, just because you repeat something more than once does not make it true. To state that the “instructions for an economic recovery after TARP” are in the ” Emergency Economic Stabilization Act of 2008″ must be an indication of some of those economic and accounting things that you have forgotten. There are no instructions for any kind of “economic growth plan”. OR, are you really trying to deceive us? Hmmmm!

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA Image

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>