HOLDING THE BAG


IN THE SIXTIES OUR IDIOT PRESIDENT LBJ WANTED TO BUILD THE SO CALLED GREAT SOCIETY WHILE AT THE SAME TIME FIGHTING A WAR IN VIETNAM! HE WOULD BUY BOTH GUNS AND BUTTER WHILE NOT RAISING TAXES TO PAY FOR EITHER OF THEM! ALONG CAME TRICKY DICK NIXON WHO DECIDED TO IMPOSE PRICE AND WAGE CONTROLS NECESSITATED BY LBJ’S SPENDING SPREE. THIS WAS FOLLOWED BY JERRY FORD’S ABSOLUTELY RIDICULOUS WHIP INFLATION NOW BUTTONS!
WITH CARTER’S ELECTION WASHINGTON COULD NO LONGER PAPER OVER THE RAMPANT INFLATION HAPPENING IN THE WORLD! JIMMY CARTER APPOINTS PAUL VOLCKER AS FED CHAIRMAN! VOLCKER LOWERS THE BOOM FORCING THE PRIME RATE TO OVER 20%. RIDING IN FROM THE WEST TO SAVE THE DAY IS RONNIE REAGAN WHO ASKS ONE QUESTION; ARE YOU BETTER OFF TODAY WITH JIMMY CARTER? THE SHORT TERM ANSWER OF COURSE WAS NO AND REAGAN WOULD GO ON TO WIN! BUT THE REAL QUESTION WAS WILL THE WORLD BE BETTER OFF OVER THE LONG TERM AND THE ANSWER WAS A RESOUNDING YES!
WILL THE NEXT PRESIDENT OF THE USA HAVE THE TESTICLES OR OVARIES TO DO WHAT JIMMY DID? WILL SEE, AND THAT IS ALL I’M GOING TO SAY ABOUT THAT!
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