Posted on 01/26/2016 11:10:28 AM PST by Zhang Fei
Corporate America wanted nothing to do with Ronald Reagan in 1980. Not a single Fortune 500 CEO backed him-all of them supported George H. W. Bush or John Connally in the primaries. When informed of this (Jude Wanniski, who was at the meeting, told me), Reagan said that he didn't need them-he would be the candidate of the entrepreneur, the small businessman, the farmer, the workingman. Cruz wants to be Reagan redux. The Establishment remembers Reagan; in particular, it remembers that the corporate powers-that-be of 1980 were dwarfed by the entrepreneurial newcomers whom the Reagan reforms unleashed. It didn't like Reagan the first time, and the last thing it wants is a younger incarnation of him.
Without a return to entrepreneurship, America's economy will stagnate and America's middle class will continue to lose ground. Donald Trump represents the triumph of resentment over hope. I don't know what American voters will do. But I'm frightened.
Update: I'm not the only one that's frightened, though. Ted Cruz terrifies the Establishment, and we have had no better explanation for that terror than a Jan. 20 Facebook post from Robert Reich, Bill Clinton's erstwhile Labor Secretary (Hat tip: Barbara Ledeen). "Smarter," "more disciplined and strategic," "williing to destroy institutions" is the way Reich characterizes Cruz. By contrast, "Trump has spent his career using the federal government and making friends with big shots." Case closed.
(Excerpt) Read more at pjmedia.com ...
The irony is that the entrepreneurs unleashed by Reagan are today’s Establishment. And a fairly socially liberal one at that, so long as they get their government subsidies and regulations that would choke out the little guys that they once were 30 years ago.
Another hate filled screed by your friendly neighborhood neocon comparing Trump to Hitler. This is his 1st paragraph:
“Imagine if Hitler had liked Jews,†I told an Israeli politician recently who asked me to characterize the Republican frontrunner. The comparison seems more apt every day. The title of this note refers to Bertolt Brecht’s 1941 satire, “The Resistible Rise of Alfonso Ui,†portraying Hitler as gangster in the mode of Al Capone.
Is that “the Goldman?” The Goldman of Goldman Sacks?
Another hate filled screed by your friendly neighborhood neocon comparing Trump to Hitler. This is his 1st paragraph:
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Well now, that was conveniently snipped.
Spengler sticks to his guns. I’m surprised he hasn’t taken more note of a populist like Trump. Decline and such has been a topic he has covered for some time.
https://www.youtube.com/watch?v=rcUCLwWCihE
So, pick your poison.
see tagline...
At least this guy takes a pro-somebody position instead of just “No Trump”.
I frankly hope Trump and Cruz can bury the hatchet. They’re capable of being the duo who helps a Republican Congress—scared of pissing off their electorate again—destroy the sickening growth of the federal government....
Good photo, and good quote by Whitaker Chambers.
That is not correct. Reagan unleashed a tide that lifted all boats. Heck even Bill and Hillary capitalized on the lifting tide.
What Reagan did was so humungous that it will take good historians and economists at least a century to determine why it was so great.
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