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Wednesday, Aug 12th

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Prairie2: Going down with the ship

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Singing shipMitt Romney stood in front of the battleship USS Wisconsin to announce his VP choice. It really was fitting that he stood in front of a ship that was obsolete and useless when it was built, just like the Ryan budget.

Also fitting was that he stood in front of a ship that Ronald Reagan dragged out of mothballs and fooled away billions of dollars on. Reagan did this in order to mask the collapsing economy he was creating with his trickle down voodoo economics.

Reagan added 400 ships to the Navy built around the four Iowa class floating money drains to "confront the Soviets". He did this because the Evil Empire had secret nuclear submarines, according to Dick Cheney and Donald Rumsfeld. The CIA said no they didn't, but that only meant the Russians were keeping them secret.

No matter that the CIA said the Soviet Union would collapse, and did so right on time. This is always touted as a huge accomplishment for Reagan, but it's like the King who comes out and plunges his sword into the already dead dragon and then takes credit for slaying it.

Reagan's biggest sins however were failing to enforce the laws against monopoly capitalism allowing a flurry of mergers and acquisitions, and worst of all the decriminalizing of leverage buyouts. This allowed the looting of companies assets, pension funds, and so on. Sound familiar?

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