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[SIZE=+1]By the summer of 1992, just 24 percent of Americans said their country was better off because of the Reagan years, while 40 percent said it was worse off -- and more Americans (48 percent) viewed Reagan unfavorable than favorably (46 percent).[/SIZE]
[SIZE=+1]When the requirements for managing savings and loan institutions became lax in the 1980s, leaders of those organizations invested money recklessly. Many institutions failed or came close to failure, and the cleanup cost more than $150 billion.[/SIZE]
[SIZE=+1][SIZE=+1]Recent troubles in the American economy can be attributed to a weakening of business regulation in the public interest, which is, in large part, a consequence of Reagan's anti-government preaching. In the absence of oversight, lending became a wildcat enterprise. Mortgage brokers easily deceived home buyers by promoting sub-prime loans, and then they passed on bundled documents to unwary investors.[/SIZE][/SIZE]
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[SIZE=+1][SIZE=+1][SIZE=+1]The Reagan admininstration was one of the most corrupt in American history, including by one estimate 31 Reagan era convictions, including 14 because of Iran-Contra and 16 in the Department of Housing & Urban Development scandal. By comparison 40 government officials were indicted or convicted in the wake of Watergate. 47 individuals and businesses associated with the Clinton machine were convicted of or pleaded guilty to crimes with 33 of these occurring during the Clinton administration itself. There were in addition 61 indictments or misdemeanor charges. 14 persons were imprisoned.[/SIZE][/SIZE][/SIZE]
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[SIZE=+1]By the summer of 1992, just 24 percent of Americans said their country was better off because of the Reagan years, while 40 percent said it was worse off -- and more Americans (48 percent) viewed Reagan unfavorable than favorably (46 percent).[/SIZE]
[SIZE=+1]When the requirements for managing savings and loan institutions became lax in the 1980s, leaders of those organizations invested money recklessly. Many institutions failed or came close to failure, and the cleanup cost more than $150 billion.[/SIZE]
[SIZE=+1][SIZE=+1]Recent troubles in the American economy can be attributed to a weakening of business regulation in the public interest, which is, in large part, a consequence of Reagan's anti-government preaching. In the absence of oversight, lending became a wildcat enterprise. Mortgage brokers easily deceived home buyers by promoting sub-prime loans, and then they passed on bundled documents to unwary investors.[/SIZE][/SIZE]
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[SIZE=+1][SIZE=+1][SIZE=+1]The Reagan admininstration was one of the most corrupt in American history, including by one estimate 31 Reagan era convictions, including 14 because of Iran-Contra and 16 in the Department of Housing & Urban Development scandal. By comparison 40 government officials were indicted or convicted in the wake of Watergate. 47 individuals and businesses associated with the Clinton machine were convicted of or pleaded guilty to crimes with 33 of these occurring during the Clinton administration itself. There were in addition 61 indictments or misdemeanor charges. 14 persons were imprisoned.[/SIZE][/SIZE][/SIZE]
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http://www.prorev.com/reagan.htm
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