[lbo-talk] (no subject)

Chris Doss lookoverhere1 at yahoo.com
Wed Oct 3 12:07:19 PDT 2007


Bush I was against breaking up the USSR. I imagine Reagan was too.

--- John Gulick <john_gulick at hotmail.com> wrote:


>
> (SORRY IN ADVANCE FOR FORMATTING... SNIFF)
>
> J Gulick sez:
>
> This seems too stripped of political space-time
> context.
> Clinton I got lucky, chasing the throne just when
> Perot
> split the Repug vote, and getting in office to reap
> the
> windfall of post-Soviet collapse triumphalism --
> orchestrated
> in part by Reagan and Bush I's hoodwinking of a
> credulous
> Gorbachev! That is, the Clinton I boom was largely
> underwritten
> by awed and cowed capitalists and savers worldwide.
> After
> eight years of Bush II tax cuts for the uber-rich
> and
> extravagant spending on a West Asia misadventure
> that has
> perturbed (if not decisively alienated) junior
> partners,
> Clinton II will be reaping a whirlwind, not a
> windfall.
>
> J Gulick
> Tohoku territory, Japan
>
> >D Henwood wrote:
>
> >You could say - I might, though I'm not sure of
> this yet - is that
> >the two parties serve as a kind of balancing act
> for capital. When
> >things get too boomy, it's time for the Reps to
> come in and tighten
> >the masses' belts. When the population gets restive
> after the round
> >of austerity, it's time for a Dem to come in and
> throw the masses a
> >few bones. We're on the verge of a bone-throwing
> phase, I guess.
>
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