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McCain's econ brain (Phil Gramm)
Fortune on CNNMoney.com ^ | 2/19/08 | Shawn Tully, editor at large

Posted on 03/02/2008 10:32:31 AM PST by SupplySider

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To: Condor51

“I don’t know as much about the economy as I should.”

And therein lies the problem - neither do any of the other 99 senators, or the 435 Reps in the House. ‘Heck’, a good portion of the Representatives are Functional ILLITERATES.

But the little fact that they’re ignoramuses doesn’t stop any of them from writing and/or voting on Tax Laws, Business Regulations, etc. when they can’t even balance their own check book does it.

No wonder they come up with Trillion Dollar budgets for the U.S. gubmint and 20,000+ Earmarks in the BILLIONS for their buddies back home

Point


41 posted on 03/02/2008 12:57:21 PM PST by Son House (The Democrat's High Tax Rates Suppress American Freedom, Opportunity and Jobs..)
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NRO Artcile on Gramm from 2002:

Our Splendid Cuss: The Likable Phil Gramm

National Review Online 11/26/2002 Jay Nordlinger

As if it weren't bad enough that Jesse Helms is leaving, Phil Gramm, too, is "moving on," to use a recently popular phrase. Thus are we right types losing our two favorite, and most stalwart, senators. Each is judged irreplaceable, indispensable, and each may be, though Gramm bristles at the suggestion: "As my grandmama used to say, 'The graveyard is full of indispensable men.'" Plus, the Founders set it up so that "it shouldn't matter who's here [in Washington]." Moreover, "Senators often say to me, 'You said, or did, exactly what I wanted to do.' But if I hadn't been here, maybe they would have."

Don't know about that one. For about 20 years, Phil Gramm has been the conservatives' — and the libertarians' — great champion and explicator. He has been almost a one-man band in defending and explaining what is sometimes called quaintly "economic freedom." He was about the only one in Washington who really gave a rip about property rights. In many ways, he has been the office-holding equivalent of the columnist and economist Thomas Sowell, a splendid cuss.

It is almost universally acknowledged that Gramm is brainy, principled, and fearless. It is also almost universally alleged that he is not a likable, certainly not a lovable, man, and that this hampered his effort to go further: to be president. Some of us have long held that if America doesn't like Phil Gramm, America is nuts. What's not to like about . . . well, take a typical Gramm moment, one that has entered the lore about him, lovingly passed around by Gramm fans, or, as we have sometimes been tagged, "Gramm crackers." He's debating education policy with some lady who represents the education establishment. The exchange goes something like this:

Gramm: My education proposals are premised on the fact that I care more about my children than you do.

Lady Who Represents the Education Establishment: No, you don't.

Gramm: Oh? What are their names?

True, Gramm tends toward the mordant, and he doesn't mesh with an Oprah-ized, schmoozified culture of "niceness" and drippy sentiment. Many people have pointed out — and they're not entirely wrong — that Gramm is "no diplomat" and even "no politician." Yet he is certainly some kind of politician: He got elected, and reelected, and reelected, by whopping margins in Texas, a state of 20 million people. Gramm was an academic, an intellectual, and an individualist, yes, but he was also a canny pol, as evidenced not only by his victory margins but by his record in the House and Senate.

Announcing his retirement, he declared that he had achieved everything he had come to Washington to do: He (with the help of one or two others, maybe) had balanced the budget, cut taxes, moved power out of Washington, opened up trade, deregulated, rebuilt the military, and "rolled back the borders of Communism." He says that he never would have stood down if Al Gore had made it to the White House — he would've needed to stay as a blocker. But with Bush in, he felt the moment was right. The Republicans' loss of their Senate majority, he insists, had nothing to do with it. When Gramm talks, you tend to believe him, no matter what you think of him. It's part of his singularity.

The Gramm story is oft told, but worth recapping. He was born at Fort Benning, Ga., to a humble military couple. Early on, his father became an invalid, leaving the family in stricken circumstances. Young Gramm was held back from several grades, and was eventually sent to military school, to straighten up and fly right. He did. He went to the University of Georgia, earning a B.A. and then staying there for a Ph.D. in economics. He never wanted to be a politician — at least at first. The great dream of his life was to become a tenured professor (an understandable goal for the ambitious product of a family that had never enjoyed much education). He got what he wanted, at Texas A&M, at the age of 30.

Before long, he was nosing about in politics. Intent on propagating his views, he wrote, as he tells it, to "150-odd civic clubs in East Texas, saying, 'If you want someone to come speak on any one of these dozen subjects, I'm your man.'" A single invitation came in: from a Lions Club in the tiny town of Wortham, "just north of Mexia." There he met the printer Dicky Flatt, who would become his emblem of the hard-working common man, whose back guvmint needed to get and stay off. Gramm's message that day was his classic: "Freedom is a great thing, America has too little of it, the government's too big, too powerful, and too expensive." ("It still is," adds the senator.)

In time — 1978 — he got himself elected to Congress, as a Democrat (a natural thing for a Georgian and Texan to be). When Reagan took office, Gramm realized that here was a man "who wanted to do what I had always dreamed of doing." He worked with that president to scale back the government, leading the Democratic leadership to boot him from the Budget Committee. Gramm could have switched parties on the spot — but he didn't think it was right, opting to resign and present himself as a Republican in a special election. To the people, he uttered, over and over, his semi-famous line, "I had to choose between Tip O'Neill and y'all, and I decided to stand with y'all."

Gramm says today that the Democratic party is, in fact, socialist, "if by 'socialist' you mean the redistribution of wealth, more decisions made by the central government — no question about it. My grandmother thought of the Democrats as the party of the people. What they are is the party of government." They benefit from economic ignorance, too, because the subject "is very hard to understand." Trade, in particular, is "the toughest issue I've ever dealt with, and it is also the one I feel most passionate about." The problem is, "Free trade is counterintuitive. It's like skiing. Everyone benefits from trade, but a few people benefit from protectionism, and they know who they are." They also tend to be well organized and entrenched — while the vast, trade-blessed majority remain pretty much clueless.

During Clinton's two terms, Gramm was unyielding. That president probably had no stronger foe in the Senate. Of Clinton, Gramm says, "He had an ability to communicate, like Reagan," but, unlike Reagan, "he was willing to say anything. He could do a 180 on a dime, because he was unencumbered by principles or values, as far as I could tell." Clinton could have done "real harm" if he had "tended to his business, if he had focused all his energies on his political agenda, instead of constantly throwing up roadblocks for himself. The good news is that, in eight years, Bill Clinton did America relatively little harm." His domestic program was thwarted, in large measure because a Republican House was elected in 1994. Newt Gingrich, for Gramm, is something of a tragic figure: "He was the reason the Republicans won control of the House, and, in the end, he had to leave so they could keep control of it."

As for Clinton's foreign policy, it was "weak," but "without Ivan at the gate, it didn't make any difference."

If that Clinton domestic agenda was indeed thwarted, one of the reasons was that Gramm stood — early and immovable — against nationalized health care. He said, famously, that it would pass "over my cold, dead political body." It was his adamancy that stiffened Republican spines, that kept the temporizers and defeatists from trying to split the difference. Gramm remarked that only two people in Washington had read the entire health-care bill, himself and Hillary Clinton: "She loved it, I hated it."

As a presidential candidate, Gramm seemed a good thing: a self-made man, an articulate one, certainly a driven one. He didn't go in for what was later called "compassionate conservatism," because conservatism — just plain conservatism, freedom — was compassionate, dammit, and why didn't more people understand that? And he was tired of being lectured to about poverty and hardship by people who had never known any.

Gramm, though, went nowhere. He raised a lot of money, but not a lot of supporters. What went wrong? "I was a poor candidate. I did a bad job. There's no one to blame but myself." What's more, "America was never going to elect me unless there was a crisis. And people didn't see a crisis in 1996. I was the wrong person at the wrong time. And there may never have been a right time for me."

Turning to the future, Gramm believes, among other things, that Social Security reform will eventually happen, because the Democrats can't demagogue it forever: "At some point, the lights go out. They run out of money," and that will be reform's hour. Gramm would like to see no income tax at all, favoring instead a consumption tax, "because the government doesn't have to know what your income is. It's a simpler system, and everybody pays." Even a flat tax won't "lead you home," because it would be strangled by exemptions. "If you get the tax away from income, you have a much better chance."

And then there's the miserable problem of race in America. Racial politics, says Gramm, is actually "dangerous" (a typically direct Gramm word). "Some people try to benefit by pitting people against one another based on race. Quotas and set-asides are dangerous. In America, we should judge people one at a time. When you start thinking of yourself as a group, that in itself is alien to America. Merit is the only fair way to do things. If we have a system based on merit and I don't get a promotion and someone else does, I can accept that. But if I believe the other person got it based on race, gender, or something else, it's harder to accept." The "incredible inequalities" we impose carry a steep price.

For all these years, Gramm has never quite been a Washington insider, though he's been an excellent player inside Washington. He never tried to be popular, and as a result he was intensely popular among those who understood and appreciated what he was doing. People like Clinton's Paul Begala used to knock him for being anti-government, and if he hated government so much, why did he spend so much time in government? Why didn't he get the hell out? Gramm is that rare, invaluable politician: a free-marketeer and anti-statist who's willing to work and succeed in politics in order to frustrate the centralizers. Someone has to. Not every Friedmanite can afford to shun government.

Can anyone replace him? Among the colleagues Gramm has been most impressed with is Mitch McConnell of Kentucky, "a great senator, who has principles and is willing to stand up for them, and to be unpopular." McConnell is, indeed, probably the most Gramm-like senator in Washington, apart from the original. Gramm also says that "if I could pick just one senator to be my own senator, it would be Don Nickles" of Oklahoma, because "he's got a good heart, and he's right on virtually everything." Finally, he suggests keeping an eye on two less familiar senators: Idaho's Mike Crapo and Alabama's Jeff Sessions.

If there's one thing Gramm is proud of, or wishes to emphasize, it's that "I've changed this town more than it has changed me. And I'm no less idealistic than I ever was." He says, "The one thing I've been committed to is freedom. Not just the freedom to say, 'I disagree with the government'" — everyone loves the First Amendment. No, "economic freedoms, which are the most important ones," and also the ones most easily encroached on. "My whole career, no matter what I've done, has been about trying to promote freedom. That's all there is."

What's not to like about that?

42 posted on 03/02/2008 1:01:03 PM PST by Henchster (Free Republic - the BEST site on the web!)
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This is Phil Gramm's presidential Announcement speech from 1995.

Announcement of Candidacy

February 24, 1995

College Station, Texas

Before I begin today, I want to thank Dale Laine, a student and dear friend of mine, class of 1978, who set up this event and whose dear, sweet, wonderful, loving mama Pat died last night at our event in Dallas. I want to ask each of you to remember him in your thoughts and prayers.

Twenty-seven years ago, I drove to College Station, Texas in a used Mercury with a back seat full of books to start what would be a 13-year teaching career and a lifelong love affair with Texas A&M University.

It was here that I met and courted and married my wife, Wendy Lee Gramm. It was here that my two sons were born. It was here that I came and asked you to send me to Congress. It was here that I came back and asked you to let me trade in that little shovel that I was working with in the House for a bigger shovel in the United States Senate.

And I have come back today to ask you for a final promotion, and I've come to ask you for that promotion based on the work that I have done in the House, the work I have done in the Senate, and my commitment to see the job through until it's done.

On November the 8th, in the most decisive election since 1932, the American people said to their government, "Stop the taxing. Stop the spending. Stop the regulating." And they will be stopped. But our job is not finished. We are one victory away from changing the course of American history.

We're one victory away from getting our money back and our freedom back and our country back, and that victory is a victory over Bill Clinton in 1996. With a love for America and a resolve to make her right again, I today declare myself a candidate for President of the United States.

I'm running for President because I believe that if we don't change the policy of our government, if we don't change it soon, if we don't change it dramatically, in 20 years, we're not going to be living in the same country that we grew up in. In 1950, the average American family with two little children sent one out of every 50 dollars it earned to Washington D.C. Today, that family is sending one out of every four dollars it earns to Washington D.C. And if nothing changes soon, it's going to be one in three.

The odds that a boy born in America in 1974 will be murdered are higher than the odds were that a serviceman serving in World War II would be killed in combat. Last year over half of the children born in our big cities were born out of wedlock, and if this trend continues as it is, illegitimacy will be the norm and not the exception in America. I think the frightening but inescapable conclusion of any honest look at where we are as a nation has got to lead us to believe that we're either going to change the way we do our business or else we're going to lose the American dream.

There comes a time in the lives of families and businesses and even in the lives of great nations where you have to either face up to your problems or you're overwhelmed by them. I believe now is such a time for America. As a nation, we face tough choices, but those choices are no tougher than the choices that are faced up to and dealt with by working families and by businesses every day in America.

We have watched politicians for 30 years wring their hands about the budget deficit, but yet all we have to do to balance the federal budget is to freeze government spending at its current level and keep it there for three years. Now, I ask you, how many businesses represented here today have had to go through a tougher restructuring than that just to keep your doors open? How many families here today or families in your hometown have had to make tougher decisions than that when a job was lost or when a parent died? The difference is that families and businesses in America live in the real world. Our government has not lived in the real world for 40 years. And if I become President, that's going to change.

We need a leader that has the courage to tell our people the truth. We need a leader who has the vision to define solutions to our problems, solutions that people can understand and can believe in. And we need a leader who is tough enough to get the job done. In the next 20 months, I hope to convince the American people that I am that leader.

I want your vote, and I mean to earn it. But I know you're tired of promises, and I'm not asking you to accept me on faith. I want you to hear me out. But before you decide, read my record. As a Democrat member of the House, I authored the Reagan program. That program cut government spending, cut taxes and ignited the longest peacetime expansion in American history, an expansion that created 20 million new jobs. That budget rebuilt defense and set in place the cornerstone of a policy of peace through strength that won the Cold War and tore down the Berlin Wall and liberated Eastern Europe and changed the world.

Now, America and the people of my district were happy about that leadership, but Tip O'Neill and the Democrat bosses in the House hated it. So they took me off the Budget Committee. I felt the people of my district were being disenfranchised. But I'd been elected as a Democrat, and I felt if I simply changed parties and stayed in the Congress, something I had every right to do, that there might be some people who would feel betrayed. So against the best political advice, including the urging of my dear friend Lee Atwater, I resigned from the Congress, came back home and ran again as a Republican. No Republican had ever gotten more than a third of the vote in my district. But on Lincoln's birthday, February the 12th, 1983, I defeated 10 Democrats and I went back to Washington to finish the job.

As a freshman senator, when nobody else wanted to face up to the deficit, Warren Rudman and I wrote the Gramm-Rudman law, which was the only effort in a generation to do something about the deficit. And until Congress repealed it in 1990, it did bring the deficit down and it did slow down the rate of growth in government spending. And last year, in the darkest hour of the health care debate, when it looked like Bill Clinton was about to convince America that it made sense to tear down the greatest health care system the world had ever known to rebuild it in the image of the post office -- when pollsters were saying it was political suicide to take on the Clinton health care bill head-on, when 20 Republican senators had signed on to a big-government compromise that raised taxes, I stood up and said, "The Clinton health care bill is going to pass over my cold, dead political body."

I am happy today to say that my political body is alive, the President's health care bill is deader than Elvis -- and Elvis may be back, but the President's health care bill will not be back. To paraphrase an old country and western song, I was conservative before conservative was cool. As President, I will balance the federal budget the way you balance your family budget and the way you balance your business's budget, and I will do it by setting priorities. And where no is the right answer, I will say no.

I will look at every program of the federal government and I will submit it to one simple test. It is a test that by the end of this campaign every person in every city and town in America will know and understand, and I call it the Dicky Flatt test. I call it the Dicky Flatt test in honor of a printer from Mexia that you know because he introduced me here today. Many of you have met him and know him. Many of you have heard me speak about him. He works hard for a living. His print shop is open till 6:00 or 7:00 every weeknight, open till 5:00 on Saturday. And whether you see him at the PTA or the Boy Scouts or the Presbyterian Church, try as he may, he never quite gets that blue ink off the end of his fingers.

As I said, the test is simple. Is this government program worth taking money away from Dicky Flatt's kitchen table? Let me tell you, there aren't many government programs that pass that test.

It's time for America to choose. Are we going to stay on this 30-year spending spree and squander the future of our country, or are we going to change policy and save the American dream? If I am elected President, I will make balancing the federal budget my number one priority and I will not run for re-election unless I get the job done. I want to cut government spending, I want to cut taxes, and I want to let families spend more of their own money on their own children, on their own businesses, on their own future.

The debate is not about how much money is going to be spent on education or housing or nutrition. The debate is about who ought to do the spending. Bill Clinton and the Democrats want the government to do the spending. I want the family to do the spending. I know the government and I know the family and I know the difference, and so do you.

The family is the most powerful engine for progress and human happiness in the history of mankind, and if I become President, we will put the family first. Our welfare system robs poor families of self-respect. It displaces fathers. It makes mothers dependent. And I mean to change it. I want to ask the people -- I want to ask the able-bodied men and women riding in the wagon on welfare to get out of the wagon and help the rest of us pull. We've got to stop giving people more and more money to have more and more children on welfare. And we will change the welfare system because it hurts the very people that it's supposed to help, because it denies our fellow citizens access to the American dream. And because we love them, we're going to help them get it back.

You know, Bill Clinton still takes the old "blame society first" for crime. But if social spending prevented crime, Washington D.C. would be the safest spot on the planet. I want to stop building prisons like Holiday Inns. I want to make prisoners work. I want 10 years in prison without parole for possessing a firearm during the commission of a violent crime or a drug felony. I want 20 years for discharging it, and I want the death penalty for killing somebody.

We don't have to live in a country where we open up the newspaper every morning and read that a robber, or a rapist, or a murderer who has been convicted five or six times is back out on the street and they killed another child. I know how to fix that. And if I have to string barbed wire on every closed military base in America, I'm going to put these people in jail and keep them there.

In taking the oath of office, I will swear to uphold, protect and defend the Constitution. Our Constitution guarantees equal justice under law. And, as President, by executive order I will end quotas, preferences, and set asides. I will fight for equal and unlimited opportunities for every American, but there will be special privilege for no one.

The American dream -- the American dream has always been the deeply held conviction that in America we have a land of opportunity, that in America hard work pays off, that in America you can do better than your parents did, and your children will have an opportunity to do better than you have done. My wife's grandfather came to this country as an indentured laborer to work in the sugarcane fields in Hawaii. My wife's father was the first Asian-American ever to be an officer of a sugar company in the history of Hawaii. And under President Reagan and President Bush, my wife served as chairman of the Commodity Futures Trading Commission, where she oversaw the trading of all commodities and commodity futures in America, including the same cane sugar that her grandfather came to this country to harvest long ago. That is what the American dream is all about. That's America in action. And it's not the story of an extraordinary family; it's the story of an ordinary family in an extraordinary country.

The United States of America cannot be a passive observer in world affairs. But we can't be the world's policeman either. For our children's sake, and for the sake of humanity, we must be the leader of the world. And to be the leader of the world we must be strong. And that's why I am committed to the principle that even in a world where the lion and the lamb are about to lie down together, I want America to always be the lion.

As President, I will stop the defense cuts. I will provide the pay and benefits necessary to continue to recruit the finest young men and women who have ever worn the uniform of this country. And we will provide them with the finest training and the best equipment that Americans can build. As President, I will never send Americans into harm's way, unless our vital national interests are at stake, and unless our intervention can be decisive. And I will never send American troops into combat under U.N. command.

As a Texas senator, I have been called upon to console families of young men who have given their lives in the service of our country in Somalia and the Persian Gulf. And I want to promise you here today that I, as President, will never send your son or daughter anywhere in the world that I would not be willing to send my own sons.

In the postwar period we have been like a little rich kid in the middle of a slum with a cake. And everybody's looked at this cake and they wanted a piece of it, and we've gone around cutting off pieces, handing it out. And people have hated us for it, because they wanted a bigger piece than we gave them. But what we have to share with a hungry world is not our cake, but the recipe that we use to bake that cake. That recipe is private property, free enterprise, and individual freedom. And in a Gramm administration we will keep the cake and share the recipe.

In just two years -- in just two years -- the Clinton administration has squandered the prestige that Ronald Reagan and George Bush had elevated America to the status of the most powerful and respected country in the world. As President, I pledge to you that I will restore the full measure of respect that our unequal sacrifice in blood and treasury have forever earned for us in the world in which we live.

Unlike the current occupant of the White House, I know who I am. And I know what I believe. And in this campaign I will speak in simple words that everyone will understand, because I want you to know how I feel in my heart.

Neither of my parents graduated from high school, but my mother had a dream before I was born that I was going to college. I resisted. They kept trying to inoculate me with learning. I failed the third, seventh and ninth grade. But my mamma prodded me every step of the way through college, to a Ph.D. in economics, because in the America that we grew up in, mothers' dreams did not die easily.

Too many mothers' dreams are dying too easily in America today, and I want our America back. I want it back for those of us who have known it, and I want the American dream back for those who missed it the first time around. Almost 3,000 years ago, a prophet in Judea named Joel told his people, Your old men shall dream dreams; your young men shall see visions. America is not through dreaming. I want an America where families are limited only by the size of their dreams. I believe that America is worth fighting for, and with God's help I believe that we can and will win this fight.

Thank you, and God bless you, and God bless America.

43 posted on 03/02/2008 1:02:34 PM PST by Henchster (Free Republic - the BEST site on the web!)
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To: SupplySider

Of the three possible candidates that will have their hands on the reigns come Jan. 09, McCain is the one most likely to have some advisors that have some conservative approaches. Assuredly neither Hillary nor Obama will fit into that category.

There are plenty here willing to offer up a loser for sure either as a failed GOP nominee or some obscure 3rd party effort. Some can’t face reality and it shows in their choices.


44 posted on 03/02/2008 1:12:17 PM PST by deport ( -- Cue Spooky Music --)
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To: tanuki

I think Gramm ran in 1996, but I could be wrong. He is very fiscally conservative and a colorful person. He brings a sweet and full flavor to the bitterness that is John McCain’s personality.


45 posted on 03/02/2008 1:36:54 PM PST by IMissPresidentReagan ("Don't give up your ideals, don't compromise, don't turn to expediency..."Ronald Reagan, 1976)
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To: SupplySider; EternalVigilance
However, the weird combo of McCain's utter economic ignorance and his stacking his policy team with heroes of Reganomics gives me hope that something good might happen in spite of the man. I have zero hope for Obamanomics.

You are pinning a lot on supposition and hope. Even after the REAL John McCain had made comments about tax-cuts for the wealthy when he voted against President Bushs tax cuts.

Furthermore, this will all be a moot point because of the following scenario that will play out during his presidency:


John McCain will grantsamnesty to 20-40 million+ Illegal Aliens who will vote 70%+ Democrat (As they always have).

The resultant imbalance of majority Democrat votes will force the GOP into minority status for decades to come.

On top of that, millions of conservatives will leave the GOP because of John McCains treachery further deepening the imbalance of GOP votes to Democrat votes.

The final 'nail in the coffin' will be his total inaction against chain-migration that will bring millions more Democrat votes into the equation.
46 posted on 03/02/2008 1:45:45 PM PST by SoConPubbie (GOP: If you reward bad behavior all you get is more bad behavior.)
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To: SoConPubbie

Amen to that post.


47 posted on 03/02/2008 1:48:04 PM PST by EternalVigilance (McCain supporters: "We have nothing to offer but fear itself!")
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To: Moonman62
It's too bad W never admitted his economic ignorance, then he could have sought help

Considering that you just demonstrated yourself a world class moron when it comes to Economic with that statement, you best refrain from throwing any stones.

GW Bush: Longest sustained economic expansion in US History.

vrs

Moonman62: Daily ignorant hopelessly hysteric hissy fits posted daily

You lose, again.

48 posted on 03/02/2008 1:52:16 PM PST by MNJohnnie (http://www.iraqvetsforcongress.com ---- Get involved, make a difference.)
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To: EternalVigilance
How much true reform did you see when Phil and his buddies Gingrich and Armey held the reins of power?

Well they did produce the 1st balanced Federal Budget in 40 years.

49 posted on 03/02/2008 1:55:16 PM PST by MNJohnnie (http://www.iraqvetsforcongress.com ---- Get involved, make a difference.)
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To: Son House
By his own admission, McCain is an economic illiterate.

This is true, but so was Clinton. Slick Willy managed to hire guys like Rubin to run treasury and give him good econ advice. Clinton was nothing but an opportunist, yet he realized that if the good times didn't role, there was no chance for a successful presidency.

McCain, too, is a pure opportunist, but if his opportunism breaks our way I don't give a damn whether he's a "principled" conservative or not. That sounds like a sell-out, but what else are we supposed to do? Freepers need to stop bemoaning everything like a bunch of girls and face life like men. McCain's the nominee, that's life. "When life gives you lemons...."

The choice of Graham is a good one. McCain isn't very bright, and he will need lots of advisors. If conservatives fill these, we may not be so badly off. I'm not optimistic that a lot of things will go our way, but it may not be the doom and gloom scenario some on this site are SURE will come about.

Yes, I know about McVain's record. But we have to remember that all McCain's posturing is done out of vanity and opportunism. Those two shortcomings can break our way, too. He'll never be a conservative, but he might govern al lot more conservatively than people expect. His instinct to protect the country is sound (probably the only thing I trust about him). I know people on FR will jeer at this as stupid naivete.

Anyway, I'm through with all the gloom-and-doom attitudes. Pessimism and defeatism are un-American, even if things look dark.

50 posted on 03/02/2008 1:56:15 PM PST by ishmac
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To: MNJohnnie

Yeah? What happened to it?

What fundamental reforms did they put in place that matter over the long haul?


51 posted on 03/02/2008 1:57:14 PM PST by EternalVigilance (McCain supporters: "We have nothing to offer but fear itself!")
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To: SupplySider

McCain’s Amnesty and his Kyoto-lite policies will each on their own result in economic disaster unlike any we have seen so far.


52 posted on 03/02/2008 2:28:28 PM PST by TigersEye (This is the age of the death of reason.)
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To: SupplySider
McCain also has the endorsements of Steve Forbes and Jack Kemp.

Jack Kemp. Now there's a great endorsement.

John McCain, Jack Kemp and Hugo Chavez.

53 posted on 03/02/2008 2:34:08 PM PST by TigersEye (This is the age of the death of reason.)
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To: TitansAFC; meandog; onyx; MARTIAL MONK; Kuksool; freespirited; Salvation; furquhart; mossyoaks; ...
The McCain List.
Common sense conservatism


McCain has been spending the weekend strategizing in Arizona. He's back on the trail Monday.
54 posted on 03/02/2008 2:40:46 PM PST by Norman Bates (Freepmail me to be part of the McCain List!)
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To: MNJohnnie

I guess it doesn’t feel right when I’m paying $3.30 for a gallon of gas, or twice the price for eggs compared to 18 months ago, or looking at the dollar index, or the fact that the Nasdaq is still below where it was when W took office. Of course, if you had any real confidence in your guy, you wouldn’t be so insulting.


55 posted on 03/02/2008 2:56:04 PM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: IMissPresidentReagan
it’s his statements at the time regarding “tax cuts for the wealthy” that make me distrust him.

How soon we forget. This one is easy to track.

Look at his debates with W from 2000. Both he and W ran on tax cuts. McCain's were smaller but he added the component of paydown on National Debt. He was very explicit in the amount pledged to paydown and the percentage for tax cuts. At the time he was in the thrall of the Concord Coalition due to the influence of Warren Rudman. Concord was addressing issues which are still to be addressed now, eight years later.

W won and tax cuts were inevitable. The debate centered on how those tax cuts were to be apportioned, even conservatives were bitterly divided. The debate was huge, you should remember it. McCain voted for the original bill which failed. Bush porked it up to get support. It became a monstrosity of pork, special interest provisions and giveaways. McCain voted no on the final bill and used the convenient handle of disproportionate benefit (which many conservatives were also using) to encompass a wide range of objections.

McCain's economic policy has always been simplistic: small government, low taxes, low interest rates, sound fiscal policy. He is more of a deficit hawk than Reagan but otherwise his voting is straight Reaganite.

56 posted on 03/02/2008 3:59:16 PM PST by MARTIAL MONK (I'm waiting for the POP!)
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To: IMissPresidentReagan

I agree, he is a very charming person. The more you see of him, the more you wonder why he didn’t go higher. But that’s soundbite culture for you. I hope McCain makes him part of his cabinet, maybe even his Veep-one can hope!


57 posted on 03/02/2008 4:14:51 PM PST by tanuki (u)
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To: MARTIAL MONK
I didn't forget anything....again I reiterate, my problem with McCain voting against the tax cut is his reason in his words AT THE TIME as to why he did it. There was no mention of pork. Had he mentioned pork at the time of his vote against the bill, then perhaps I could respect him and buy the argument he now puts forward for his reason for the vote. However, I cannot guess as to his reason for his vote, when he plainly lays it out in his words in his statement to the Senate...

“We had an opportunity to provide much more tax relief to millions of hard-working Americans. . . . I cannot in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us, at the expense of middle-class Americans who most need tax relief.” —Senate floor statement before voting against President Bush’s tax cut, May 26, 2001.
58 posted on 03/02/2008 4:26:51 PM PST by IMissPresidentReagan ("Don't give up your ideals, don't compromise, don't turn to expediency..."Ronald Reagan, 1976)
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To: IMissPresidentReagan

I was one of those pushing him to lower the apportionment. If the purpose of a tax cut is stimulus, it is better to direct that stimulus to the areas where the velocity is greater,i.e., the small businessman. If the purpose is equity, that is a whole different animal. I am in favor of both but when you have to chose, I think the stimulus package was in large part misdirected.


59 posted on 03/02/2008 5:27:06 PM PST by MARTIAL MONK (I'm waiting for the POP!)
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To: SupplySider

I thought that McCain had always been for a balanced budget and cutting out all the earmarks.

I don’t believe he has ever taken any for the State of Arizona.


60 posted on 03/02/2008 5:59:55 PM PST by Salvation (†With God all things are possible.†)
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