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Steve Forbes on the record
The world according to Steve
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Big One in '08
The upcoming presidential election will be the most critical one since 1980. Back then Ronald Reagan decidedly defeated incumbent Jimmy Carter, ushering in radical new policies that would successfully set the course of this country for the next quarter-century. Unlike previous administrations, Reagan’s dramatically cut taxes (the top income tax rate dropped from 70% to 28%). Reagan pushed government deregulation and reined in non-defense, non-entitlement spending. And, most important, he won the Cold War, an extraordinary victory that few experts had thought possible. We have been living off Reagan’s dividends ever since.
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Hank, Meet Herb
The Bush administration says it was doing only what bankers would have done anyway in corralling the biggies in the home mortgage field and having them agree to provide relief to a million or so subprime borrowers in one of three ways: refinance an existing loan into a new private mortgage, move them into an FHASecure loan or freeze teaser rates for five years. If that were the case, who needed Uncle Sam’s arm-twisting?
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"Jim Blasingame is a tireless advocate of small business owners. No one works harder or does a better job of raising the profile of the small business community. His advocacy of small business is a labor of love and it comes across in all the media he delivers."
— Joan Pryde
Senior Editor
The Kiplinger Editors
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