History Rewrites

Scholars Needed

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Speaking of Wikipedia being hijacked by self serving mfkrs, I hope somebody will wade into the pigsty that is Reagan administration scandals.  The entry appears to have been cobbled together by the Hate Reagan lobby.  Here's a sample. “ Savings & Loan Bailout Reagan's "elimination of loopholes" in the tax code included the elimination of the "passive loss" provisions that subsidized rental housing. Because this was removed retroactively, it bankrupted many real estate developments made with this tax break as a premise. This with some other "deregulation" policies ultimately led to the largest political and financial scandal in U.S. history: The Savings and Loan crisis. The ultimate cost of the crisis is estimated to have totaled around USD$150 billion, about $125 billion of which was consequently and directly subsidized by the U.S. government, which contributed to the large budget deficits of the early 1990s. ” Just off the top of my head ... It was Jimmy Carter who deregulated S&Ls Speaker Jim Wright's home state of Texas was home to many of the worst offenders among the S&Ls.  The House Banking Committee--chaired by Wright arsehole buddy Fernand St Germain, teamed with Wright to cancel regulator testimony that would have laid out the looming crisis, because Wright was in bed with many of the perps. If memory serves, Wright blackmailed one regulator with the threat of revealing his homosexuality if he didn't STFU. Blah-blah-blah Not only is none of that mentioned here -- but Neal Bush, who was never charged with anything, is, while the Clinton gang, all of whom went to prison over S&L fraud, except for the Clintons ahem, are not mentioned at all -- it's ignored on Wikipedia's Jim Wright page as well.  Grab your pens ...