WATCH: How Reagan, Regan, And Wall Street Destroyed America As We Knew It In 5 Minutes (VIDEO)

One can hardly enter a political discussion without the name of Ronald Reagan being invoked. Sometimes it’s positive, as in, “he was the greatest President of all time!” Sometimes it’s not so favorable, like, “he was a corporate shill puppet that destroyed the middle class and helped lay the roots of the Taliban and Al Qaeda.”

Then there is the guy who steps in between and talks in real general platitudes about “pros and cons” and “the good and the bad.” Yeah, we’ve all been there in that perpetual circle of a conversation where everyone eventually “agrees to disagree.”

It’s time to end the debate. And this short film, less than five minutes in length, does just that.

This clip focuses on how Reagan was really just a spokesperson. It shows how Don Regan, Reagan’s treasury secretary, was really the brains of the operation. It also shows how back in 1984, people who supported and rallied behind Reagan did so on general platitudes and “happy talk.” When you really look at what happened, namely the deficit exploding, the wealthy and corporations being generously relieved of at least half of their tax burdens, and the beginning of an age of stagnant wages for everyone else - that is the story of the Reagan presidency. It was a time when the White House was hijacked by Wall Street and big business.

And, that’s not even getting into the foreign policy disasters like when Reagan essentially sentenced hundreds of U.S. Marines to be executed in Beirut. Scandals from the Middle East to Latin America which led to record numbers of indictments and convictions. And oh yeah, that was the decade foreign competition really socked it to us but as the film shows, that wasn’t exactly by chance or accident.

And America hasn’t been the same since.

Check out the brilliance HERE:

But wait, you say, “Sean, you said Reagan destroyed America in less than five minutes. Not that the film was less than five minutes in that headline. I cry foul!”

My reply? Reagan’s swearing-in took less than five minutes. That was all it took to set the wheels in motion. Wheels that would make Americans no longer be able to sustain their standard of living on just one income. Wheels that would turn us from a creditor nation into a debtor nation. And, wheels that would crush unions and organized labor so the billionaires could get back to calling all the shots like they did in the Gilded Age.

I’ll stand behind the headline, on more than one level.


Featured image via video screen capture

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  • eskaye

    Nixon laid the groundwork.

  • danielistical

    Reagan,

    There was a massive increase in Cold War related defense spending that caused
    large budget deficits, the U.S. trade deficit expansion, and contributed to the
    Savings and Loan crisis, In order to cover new federal budget deficits, the United
    States borrowed heavily both domestically and abroad, raising the national debt
    from $700 billion to $3 trillion, and the United States moved from being the
    world’s largest international creditor to the world’s largest debtor nation.
    Reagan described the new debt as the “greatest disappointment” of his
    presidency.

    Don’t grieve Ronald. Reagen The financial meltdown of 2008 was the culmination
    of 30 years of chest-beating militarism, tax cuts for the rich, starving the
    treasury, raising taxes on working people, outsourcing American jobs, union
    busting, and allowing vital infrastructure to decay. George W Bush merely took
    the Gipper’s disastrous ideas to their logical conclusion. Let’s hope America
    can now turn the corner on this era of errors.”

    WHEN REAGEN TOOK OFFICE THE NATIONAL DEBT WAS 700 BILLION
    WHEN HE LEFT IT WAS 3 TRILLION,,,DOUBLE DIDGET UNEMPLOYMENT MARKS HIS TWO
    TERMSWe’re all tired of being told endless lies about how ‘great’ Ronald Reagan
    was, when he armed our future enemies, ran up the biggest federal deficits in history, and made the rich a
    lot richer, and all at the expense of working class America. But former CIA
    boss George HW Bush was really running the show, and thirty years of Bush /
    Reaganomics has left America in ruins. The grand illusion (give all the money
    to the wealthy and you will be richer) It is amazing anyone bought the lie then
    and it is even more amazing that anyone buys that lie now.”

  • joe

    In 20 years the Republicans will be teaching their children what a great President Bush was.

  • suejak

    Slow news day? I think most people out there have watched Michael Moore movies before. As he says, they’re half fiction.

    • fine53

      Have you read any government accounting office reports? Not likely as most people wouldn’t bother. In those reports you’ll find real honest facts. Try facts and not what they want you to believe.

  • Jose Salazar

    Simply amazing and horrifying how the guy lords over the doddering president and basically orders him to wrap it up. smh