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My post was a rewriting of history? Hey, I lived that history. I know it up close and personal.You may believe in the mutability of the past, but I don't.One thing that occurred to me after making the post was that the 9.5% mortgage in '76 was made before the election of '76, when Carter was elected.OK, now tell us how carter was responsible for the high interest rates before he was elected. Did he also go back and change the past?While you're at it, explain just how any American president, no matter how inept, could trigger a worldwide recession. The presidency doesn't have that kind of power, and, now that GWB and his minions won't be around much longer, that office may never have extra Constitutional powers.
My post was a rewriting of history? Hey, I lived that history. I know it up close and personal.
You may believe in the mutability of the past, but I don't.
One thing that occurred to me after making the post was that the 9.5% mortgage in '76 was made before the election of '76, when Carter was elected.
OK, now tell us how carter was responsible for the high interest rates before he was elected. Did he also go back and change the past?
While you're at it, explain just how any American president, no matter how inept, could trigger a worldwide recession. The presidency doesn't have that kind of power, and, now that GWB and his minions won't be around much longer, that office may never have extra Constitutional powers.
