But Obama is more corrupt. Richard Nixon is a saintly figure when he is compared to the Organizer-in-Chief. Nixon, however, was bad news on every front, bar none.
Being vain beyond redemption, I like it when heavyweights agree with me.
Here is Art Laffer from two weeks ago.
Nixon did all sorts of things wrong: the import surcharge, the wage and price controls, the huge increase in social spending, the doubling of the capital gains tax rate. But to my way of thinking, Nixon’s biggest problem was going off gold.
http://dailyreckoning.com/on-the-importance-of-sound-money/
And here is my own assessment of Richard Nixon from this very blog written 12/31/2011.
http://obotomy.blogspot.com/2011/12/why-richard-nixon-is-by-far-worst.html
By the way, dailyreckoning is possibly the most consistently prophetic news site on the web. The emphasis is on investing but traders probably understand the world better than any other group of people. Show me a self-deluded trader and I will show you a former investor. If you want to understand the world, as well as more specific items of interest like the direction of energy and real estate prices, read dailyreckoning.
Kobie vs. Michael. Leno vs. Letterman. Bundy vs. Gacy. Obama vs. Nixon will provide fodder for discussion long after we are all departed. The similarities are impossible to ignore.
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