Ronald Reagan.... Anti-gunner

[Huckleberry]

So after reading this thread, I guess some of you guys won't be interested in a road trip to Reagan Presidential Library?

It's OK, they said that the monkey hated Reagan too because RR would share his cigarettes on the movie set.

 

[clandestine]

So after reading this thread, I guess some of you guys won't be interested in a road trip to Reagan Presidential Library?

I would love to go. I think Gary Senise does the audio narration for the Museum.

 

[drking2]

So after reading this thread, I guess some of you guys won't be interested in a road trip to Reagan Presidential Library?

I would like to go sometime.

 

[GUNSnROTORS]

So after reading this thread, I guess some of you guys won't be interested in a road trip to Reagan Presidential Library?

It's OK, they said that the monkey hated Reagan too because RR would share his cigarettes on the movie set.

Great Karma - IN!

..... shotgun!

 

[Second Amendment]

Who's the last Republican president who ever did a damn thing for us? Sure wasn't either of the Bush boys.

One would have to accept the premise that a president is supposed to do something for us. Most all of them have done things to us.

 

[sxs]

OK guys....consider this: Which president since FDR has been Conservative? We won't even bring up BHO. Reagan was more Conservative than either Bush and also far more than Clinton. What about Carter? Yeah right. Hell he was more Conservative than the moderate and occasionally Liberal Nixon. LBJ started the Great Society and JFK, although (probably the closest thing to a Conservative among Dems over the past 80 years) wasn't. Eisenhower was only a little conservative at best....and so on. By comparison, Reagan was a raging Conservative. doesn't mean he was perfect.

 

[Traveler]

Maybe they are just too young to remember Jimmy Carter. WTF was he doing in the white house?

Less damage than the current administration, and that is a very damning reality.

 

[sxs]

Holy sh@t!!! I was only a few years old when he was POTUS but have always heard the stories. I can't imagine interest rates that high.
My old man has always said of Carter..."That jackass almost ruined us."

14.7 % wasn't the highest mortgage interest of that era. IIRC, it reached 18 or 19%!!

In fact I just found this for you to look at:

http://www.freddiemac.com/pmms/pmms30.htm

Check out 1981 (just prior to Reagan) and realize that the points add to the APR which was nearing 20% when interest and points are added together!

Oh, and you need to remember that back then FHA rates were usually a bit lower than conventional rates.

FYI, I lost a job in 1981 and it took me most of a year to find another...although I did some odd and end jobs for various people and was able to collect unemployment for 6 months

Hardly anyone tried to save to buy something. Often it was 'buy it now before it goes up again'. Literally prices on most items went up every couple months. Freaking credit card interest even for those with sterling credit was in the 30% + range...sometimes with annual credit card fees and with few (as in almost none) 'points' incentives like we have today. People who owned their houses for a number of years were very often afraid to sell to buy a bigger or nicer or newer house because many of them had far lower interest rates from the 60's or early 70's. Also, I suspect the points listed in the interest chart didn't include an origination fee point as I know many people had to pay 3 or more points to get a loan even into the mid or late 80s (and they weren;'t just trying to 'buy down' the interest rate). Look at 71...the interest rate was around 7.5% and THAT was near a historic HIGH at the time (Interest in the mid-60's was something like 4-1/2 - 5%). so it wasn't just Carter who created the problem....it started much earlier. Nixon exacerbated the issue by decoupling the dollar from the gold standard (caused escalating inflation) and trying to put wage/price controls in place which just created other problem.

Bought my first house in 1985 and paid 11% interest (fixed it...it was my second house in 1990 I paid 10% on initially)...lower than rates had been in years.

It's hard for me to relate to stories I heard about the depression (direct from those who experienced the times). I guess it might be hard for people born 80's or after to relate to what I can remember.

 

[Second Amendment]

Less damage than the current administration, and that is a very damning reality.

The other difference is that the current one hates the country.

 

[swinokur]

I went to the Reagan Library on July 4th about 10 years ago. . It was so packed with people you couldn't move around. That says something about the man. He taught us to love America again. Standing at his grave was a moment I will never forget. Kind of like the first time I saw the Constitution. A wave of gratitude swept over me for my good fortune for being born in this country and this great man.

Guess that makes me a sentimental, patriotic old fool.

I'm good with that

 

[BlackBart]

I think at one time in his presidency inflation and interest rates were both at 18% and the unemployment number was in double digits at least for a while. i just remember work was hard to come by and money was even harder to come by down here.

Actually % rates were closer to 21% under Jmma...... NOBODY could buy a house.

 

[44man]

Actually % rates were closer to 21% under Jmma...... NOBODY could buy a house.

well I did get my house and I felt like I paid thru the nose for it , interest wise. I was still a teenager (18 I think when I signed the pipework) and I had replaced the roof for the lady (a lovely widow woman who I had known my whole life) who owned the house and when it came time to pay the bill she asked if I wanted to but the house. I said yes, we agreed on a price $17400, I told my dad who told my great uncle who was a land developer and house contractor and he called the bank and when I got there I just signed the papers. no credit check, no down payment, no nothing. just sign here. that's how it was done down here back then. not now sadly though.

I was more pissed about the car note interest and the 25% they made me put down on it.

shit, I bought the house I live in now in 1989 and the best interest I could get them was thru the fha and it was 12%. I have since refied that and its about paid for now.

 

[Bob A]

14.7 % wasn't the highest mortgage interest of that era. IIRC, it reached 18 or 19%!!

In fact I just found this for you to look at:

http://www.freddiemac.com/pmms/pmms30.htm

Check out 1981 (just prior to Reagan) and realize that the points add to the APR which was nearing 20% when interest and points are added together!

Oh, and you need to remember that back then FHA rates were usually a bit lower than conventional rates.

FYI, I lost a job in 1981 and it took me most of a year to find another...although I did some odd and end jobs for various people and was able to collect unemployment for 6 months

Hardly anyone tried to save to buy something. Often it was 'buy it now before it goes up again'. Literally prices on most items went up every couple months. Freaking credit card interest even for those with sterling credit was in the 30% + range...sometimes with annual credit card fees and with few (as in almost none) 'points' incentives like we have today. People who owned their houses for a number of years were very often afraid to sell to buy a bigger or nicer or newer house because many of them had far lower interest rates from the 60's or early 70's. Also, I suspect the points listed in the interest chart didn't include an origination fee point as I know many people had to pay 3 or more points to get a loan even into the mid or late 80s (and they weren;'t just trying to 'buy down' the interest rate). Look at 71...the interest rate was around 7.5% and THAT was near a historic HIGH at the time (Interest in the mid-60's was something like 4-1/2 - 5%). so it wasn't just Carter who created the problem....it started much earlier. Nixon exacerbated the issue by decoupling the dollar from the gold standard (caused escalating inflation) and trying to put wage/price controls in place which just created other problem.

Bought my first house in 1985 and paid 11% interest (fixed it...it was my second house in 1990 I paid 10% on initially)...lower than rates had been in years.

It's hard for me to relate to stories I heard about the depression (direct from those who experienced the times). I guess it might be hard for people born 80's or after to relate to what I can remember.

Ah, yes, the Carter years. Don't forget the second gas crisis, the Iranian revolution in 1979 which has brought us so much joy - Carter was another of those presidents who would do anything to avoid the use of force, until he was forced into it. The fact that the economy survived the true ugliness of that period is comforting, since we're headed for another nasty mess on the econ front.

I remember a few other presidents, too.

Eisenhower wasn't a bad president, but he could have been much better. JFK at least motivated the country, and was much more conservative than any following Dem pres.

I'd always loathed Nixon, but it's remarkable how much better a chief executive he was than the current officeholder, even though he was a paranoid drunkard. If the media held Obama to the same standard as they did Nixon, there'd have been no second term, and he might well be in prison today.

My most interesting political decision was to vote for Bush II. My sole reason was that I thought that no one would be fool enough to attack the country with that guy in office, presented as he was as a trigger-happy nut case. Took only eight months to prove me wrong, so anyone reading this would be wise to consider the value of my opinions.

 

[jbrown50]

Even those who hated President Reagan couldn't deny that he was the catalyst behind the ending of the cold war.

http://www.heritage.org/research/lecture/ronald-reagan-and-the-fall-of-communism

President Reagan forced the Soviet Union to abandon its goal of world socialization by challenging the Soviet regime's legitimacy, by regaining superiority in the arms race, and by using human rights as a weapon as powerful as any in the U.S. or Soviet arsenal.

I remember being in the military back then with Grenada and all of the criticism of SDI or "Star Wars". It turned out that the Soviets were terrified of SDI because they had no way of countering it.

Sure, Reagan wasn't perfect but he also wasn't anywhere near the villain that the socialist left made him out to be.

 

[Traveler]

SDI / Star Wars was a terrific win in pure poker bluff style.

 

[Dal1as]

Just to clarify. My amnesty statement doesn't mean I'm a liberal or hated Reagan. In reality he was duped by the Democrats who said they were going to close the border. Still a very bad decision though.

 

[Kiev88cm]

I really don't see the point of the thread....what you stated IS correct about Reagan,but Reagan is dead. Are you inferring that we would have been better off with his democrat rivals ? Barry Goldwater wasn't a "conservative" either in my eyes as a second amendment supporter.....Goldwater -”I’m completely opposed to selling automatic rifles. I don’t see any reason why they ever madesemi-automatics. I’ve been a member of the NRA, I collect, make and shoot guns. I’ve never usedan automatic or semiautomatic for hunting. There’s no need to. They have no place in anybody’sarsenal. If any S.O.B. can’t hit a deer with one shot, then he ought to quit shooting.”

 

[swinokur]

IMO the point of the thread is to stir up strong differences of opinion on a subject that has been argued here ad nauseum. In my opinion that is all the OP wants, not an actual intelligent discussion by rational people. Note his non participation in the thread once his grenade was tossed. real classy.

You know agent provocateur and all that

YMMV

 

[dist1646]

I'm pretty sure some of those who posted anti-Reagan in this thread are going to support Hillary in 2016!

 

[swinokur]

QFT