Posted on 03/09/2022 6:31:40 PM PST by ChicagoConservative27
With economic sanctions unfolding against Russia over its invasion of Ukraine, it’s useful to recall one of the climactic moments near the end of the Cold War — the dramatic weekend summit between President Ronald Reagan and Soviet Premier Mikhail Gorbachev.
This October 1986 meeting, held in Reykjavík, is remembered for nearly producing a deal to eliminate strategic nuclear weapons, but it collapsed at the last moment when Reagan refused to bargain away his missile defense initiative. But another aspect of the affair reveals a key defect in the Biden administration’s handling of the current crisis.
(Excerpt) Read more at nypost.com ...
Is this a joke?
Remember, Biden is on Putin’s side. But he has to make it look good.
“Never want Biden and Reagan in the same sentence again.”
How about Biden and Carter, then. CARTER was Drill-Baby-Drill for much of his presidency and proposed the largest military buildup in the country’s history after Afghanistan was invaded (which Reagan mostly followed through on).
I’ll take Jimmy Carter ANY DAY at this point, compared to what we have.
The only things that Joe Biden knows better than Ronald Reagan did is how to be a corrupt politician and how to be a nasty human being. On every positive character aspect and political skill, Reagan beats Biden like a drum.
Biden’s IQ is so low that he cannot be taught the basics of anything and this started at birth. His dementia exacerbates the problem.
Carter also nominated Paul Volcker to the Federal Reserve.
Anybody that takes a non ideological approach and studies the legislative history of the United States.
Will find out that similar or the same policies are implemented regardless of the political parties in operation.
(If you’re nut job about slavery in US history, please don’t post me, I don’t care & don’t want to discuss it)
Start with George Washington and prove me wrong.
Biden can’t learn. Anyway, there’s no money in it.
That was then , this is now. The Old Soviet Union was spending close to 50% of GDP on Defense, they went bankrupt, nothing more. Today’s Russia is not in that kind of financial shape, whole different ballgame. Quit living in the past on this one.
You must have forgotten Carter’s energy policy of Old Oil and New Oil, look it up.
“You must have forgotten Carter’s energy policy of Old Oil and New Oil, look it up.”
Good point, but he was working with the data that he had at the time, which was there was no more than 10 yeas of provable crude oil reserves left. And now it’s been 45 years, and we STILL have only 10 years of provable crude oil reserves left.
In other words, he was stuck with what the ‘experts’ were telling him. But he didn’t seem to have any agenda other than getting us off of Middle Eastern oil...in other words, and I know this is odd (and something we now only see in Trump), he was looking out for America first.
And those so called experts were probably arm chair guys who had no real experience in the oil business. They never talk to the real people out in the industry to find out their opinions. That theory of Peak Oil was making the rounds then , except reality did not match up with it. And yes we did buy more ME oil anyway.
Lots of fields were shut down because of that oil policy, lot of new fields were even capped. So yes drilling was happening and Oil was going up too, peaked I think at around $50 a barrel I think. But after Regan deregulated a lot of drilling was going on and fields were opened back up and about 18 months or later we had a glut hit the market, two banks failed and oil crashed to between $10 and $15 a barrel.
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