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President George H. W. Bush Blamed the Fed for his 1992 Reelection Loss – And the Fed is Doing the Same Thing to President Trump Today
1 posted on 12/02/2018 12:30:27 PM PST by bitt
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; 2ndDivisionVet; azishot; ...

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2 posted on 12/02/2018 12:30:40 PM PST by bitt ("Let justice be done though the heavens fall".)
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To: bitt

...RINOs will do that.


3 posted on 12/02/2018 12:34:24 PM PST by Phinneous (By the way, there are Seven Laws for you too! Noahide.org)
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To: bitt
The current Federal funds rate is 2.20% right now.

It was over 9% when GHWB was inaugurated in January 1989, and dropped consistently for nearly four years -- until it was below 3% by Election Day in 1992.

The author of this slop is 100% full of sh!t.

4 posted on 12/02/2018 12:35:52 PM PST by Alberta's Child ("The Russians escaped while we weren't watching them ... like Russians will.")
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To: bitt

Yep. Can Trump fire the chairman?

I heard Bush begged Greenspan to cut rates. He wouldn’t do it. But he cut the rates right after Clinton was sworn in. Greenspan is married to an nbc “reporter”.


5 posted on 12/02/2018 12:39:25 PM PST by Terry Mross (On some threads it's best to go jst inraight up his seat. to the comments..)
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To: bitt

“No new taxes” wasn’t hindering any such thing. Taxes were too high as it was.

The government has a spending problem—it doesn’t and didn’t suffer from insufficient confiscation of citizens’ wealth.


6 posted on 12/02/2018 12:45:18 PM PST by 9YearLurker
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To: bitt
GHWB had a 6.2% GDP but broke his 'read my lips, no new blow jobs' until my next "son" is in the white whore hut promise.

When H. Ross Perot, ran and then didn't, his 20% killed bush. Bush would have won, but trying to make a deal with the demonRATS, raise taxes and cut spending, he only got what he deserved, higher taxes, and they shoved it up his ass on the cut spending.

You cannot make deal with the demonRATs, they lie, cheat and steal.

8 posted on 12/02/2018 12:48:02 PM PST by USS Alaska (Nuke all mooselimb terrorists, today.)
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To: bitt

Bush ‘41 lost the election because Ross Perot siphoned off enough repub votes to saddle America with the Clinton plague...which is still with us today.

Thanks, Ross, you moron.


10 posted on 12/02/2018 12:52:51 PM PST by GoldenPup
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To: bitt

He should have blamed the Democrat shills in the so-called “news” media for reporting on a routine, indeed minor, economic down cycle as thought it was the return of the Great Depression.

A lot of people fell for that.


13 posted on 12/02/2018 12:57:19 PM PST by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: bitt

I never gave a crap about not balancing the budget after a war that detroyed the fourth largest army in the world.

I cared about vowing that the world would unite in a new world order with sovereignty ceded to the U.N. and about not finishing the job in Iraq and dismantling the border enforcement measures Reagan had put in place.

No, Bush’s loss wasn’t about taxes...just as Islam is not a religion of peace.

And so far, each successive member of the Bush family gets worse and worse. George P. makes his father, uncle, and Grandfather look like patriotic models of American values.


15 posted on 12/02/2018 1:07:05 PM PST by MrEdd (Caveat Emptor)
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To: bitt

He also banned the import of some cool guns.


16 posted on 12/02/2018 1:13:01 PM PST by bruoz
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To: bitt

“Read my lips, no new taxes.” Proof that you should be very wary when making deals with the Democrats. Remember this when people talk about comprehensive immigration reform. Democrats will lie.


17 posted on 12/02/2018 1:17:27 PM PST by dhs12345
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To: bitt
p03

There was Bush's gaffe at the grocery store scanner that reinforced the image of how out of touch he was.

18 posted on 12/02/2018 1:18:06 PM PST by Snickering Hound
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To: bitt

Bush lost because he broke his word about no new taxes and he had no passion in running again.


21 posted on 12/02/2018 1:25:37 PM PST by fortheDeclaration
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To: bitt

George HW Bush (R.I.P.) wasn’t nearly the counter puncher that President Trump is in matters like this.

Mr. Trump will not give up on his quest to M.A.G.A. and K.A.G.


29 posted on 12/02/2018 2:22:30 PM PST by Oscar in Batangas (12:01 PM 1/20/2017...The end of an error.)
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To: bitt

Bush was all about foreign policy and never domestic. He lost because he forgot to think about We the People.


30 posted on 12/02/2018 2:24:02 PM PST by CodeToad ( Hating on Trump is hating on me and America!.)
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To: bitt
Bush agreed to a budget agreement in 1990 which looked to the long-run for balancing the budget with the deficit reduction beginning some two years after the agreement was put into effect.

Those sorts of agreements never see the promised reductions. Ever.

38 posted on 12/02/2018 3:33:37 PM PST by Flick Lives
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To: bitt

My recollection is that Bush made a deal with the Dems, I believe it was Ted Kennedy. The Dems said if Bush would come off his pledge, “no new taxes,” they would approve a sizable reduction in expenditures. He did approve the taxes, the Dems reneged. Bush 41 lost the election as the Dems make a big deal of Bush’s new taxes. How do you remember it?

Never trust a Democrat!


41 posted on 12/02/2018 3:50:33 PM PST by elpadre (AfganistaMr Obama said theoal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: bitt

Two words: Ross Perot.

Little hand grenade.

He still on the planet?

5.56mm


42 posted on 12/02/2018 3:57:59 PM PST by M Kehoe (DRAIN THE SWAMP!)
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To: bitt

He broke his word.

He caused his own loss.


47 posted on 12/02/2018 7:35:11 PM PST by Notthereyet (NotThereYet)
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To: bitt

I thought EVERYONE knew this.

He lost because the Democrats talked him into raising taxes at that stupid economy summit.

Then, run video of him saying ad nauseum, “Read My Lips, NO NEW TAXES”.

The end.

An incumbent president, with a previous approval rate of 89%. Yes, EIGHTY NINE PER CENT!!!!!, went on to total defeat in his reelection bid.

It was “Read My Lips, NO NEW TAXES”.

He made a pledge, a commitment, a covenant, a vow, with the American people and he broke it.


51 posted on 12/03/2018 5:56:25 AM PST by faucetman (Just the facts, ma'am, Just the facts)
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