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In response to:

Gross Misconceptions

JGIB Wrote: Nov 07, 2012 10:52 AM
The 1982 recession and the 10.4% unemployemnt rate were prompted by #1 A DEMOCRAT CONGRESS, NECESSARY TO WRITE AN INCOME TAX BILL AND, #2 a Democrat Chairman of the Federal Reserve Board, who partnered with RR to force the severe recession of 1982 to break the back of 20% interest rates on US Treasury debt offerings and 16% interest rates on home mortgages.by restricting credit.
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