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Rachel Maddow

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Dare I say it? Congressional Republicans had a collective war-metaphor-gasm trying to make the president‘s budget seem scary.
--
The Rachel Maddow Show, MSNBC, March 2009

 
Rachel Maddow

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He knows less about the budget than any president in my lifetime. He can't even carry on a conversation about the budget. It's an absolute and utter disgrace.

 
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Gerald R. Ford was the most accidental of American presidents, but when he unexpectedly appeared at the crossroads of history, he seemed to have been placed there by a deliberate act of providence.
In one important respect, Ford was different from most of his predecessors and all of his successors: He did not seek the presidency... Ford became the 38th president because of the shortcomings of others and because he had earned the trust of both Democrats and Republicans in Congress. When the corrupt Spiro T. Agnew was forced to resign as vice president, it was Ford's congressional colleagues who virtually forced President Richard M. Nixon to accept him as Agnew's successor.
And when the embattled Nixon was finally engulfed by the Watergate scandal and forced to resign himself, it was the unimposing "gentleman from Michigan" who inherited the leadership of a deeply troubled nation.

 
Gerald Ford
 

Gerald R. Ford was the most accidental of American presidents, but when he unexpectedly appeared at the crossroads of history, he seemed to have been placed there by a deliberate act of providence.
In one important respect, Ford was different from most of his predecessors and all of his successors: He did not seek the presidency... Ford became the 38th president because of the shortcomings of others and because he had earned the trust of both Democrats and Republicans in Congress. When the corrupt Spiro T. Agnew was forced to resign as vice president, it was Ford's congressional colleagues who virtually forced President Richard M. Nixon to accept him as Agnew's successor.
And when the embattled Nixon was finally engulfed by the Watergate scandal and forced to resign himself, it was the unimposing "gentleman from Michigan" who inherited the leadership of a deeply troubled nation.

 
Jerry Ford
 

"The bottom line is more tax money is going to be needed. Just how much will be the primary issue on the agenda when Congressional leaders meet with the President later today, Wednesday, May the 9th, 1990. And good morning, welcome to Today. It’s a Wednesday morning, a day when the budget picture, frankly, seems gloomier than ever. It now seems the time has come to pay the fiddler for our costly dance of the Reagan years."

 
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The resolution of our current account deficit and household debt burdens does not strike me as overly worrisome, but that is certainly not the case for our fiscal deficit, which, according to the Congressional Budget Office, will rise significantly as the baby boomers start to retire in 2008. Our fiscal prospects are, in my judgment, a significant obstacle to long-term stability because the budget deficit is not readily subject to correction by market forces that stabilize other imbalances.

 
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