The Rise of Conservatism chapter 25

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The Rise of Conservatismchapter 25
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What is Conservatism?

• Religious Conservatism Societies or governments
  guided by religion Theocracies

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Financial Conservatism

• laissez-faire, government leaves the people and
  economy alone, low taxes, no assistance for the
  poor

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Cultural Conservatism

• resistant to changes in traditional values or
  norms, have typically been anti-suffrage,
  anti-civil rights anti-change

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Roots of Modern ConservativesHighlights and
Lowlights

• 1934 American Liberty League formed to oppose
  FDR and the New Deal. The Socialist Programs of
  the New Deal were the downfall of democracy.
  Members were accused of a plot to overthrow the
  American government in a military coup
• Most members were conservative DEMOCRATS
• Notable Member Prescott Bush

VS.
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• 1937 Court Packing Fiasco Public outcry
  against FDRs attempt to load the Supreme Court
  with judges friendly to the New Deal.
• 1950s and 1960s - The Civil Rights Movement,
  the Womens Rights Movement, The Anti-War
  Movement, and the drug culture all concerned
  conservatives

Filthy hippies?
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• 1952 Ike elected, 1st Republican President in
  20 years
• 1964 Barry Goldwater loses to LBJ in a
  landslide
• 1973 Roe vs. Wade angers many conservatives

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• 1980 Ronald Reagan wins the election of 1980,
  bringing conservatives to the White House
• Ronald Reagans election marks the convergence of
  Religious, Financial, and Cultural Conservatism
  within the Republican party

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Reaganomics

• Supply Side economics Give money to producers
  to stimulate the economy

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• Alternately called Reaganomics, Supply Side
  Economics, Trickledown Economics and Voodoo
  Economics (George H. W. Bush)
• This is the EXACT opposite from New Deal and
  Great Society stimulus
• What is the 2008 Tax Rebate?

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• Tax cuts for the wealthy (from 70 to 30)
  designed to stimulate investments
• Cuts in Government Agencies (EPA and Great
  Society Programs)

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• Military Spending Increases we spent the Soviet
  Union into the ground. The attempted to keep up
  with our military budget and bankrupted
  themselves in the process.
• This creates a HUGE budget deficit, and the
  National Debt

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• Deregulation removed restrictions on banks
  (this process started under Jimmy Carter, and
  continued under Reagan). Allowed them to make
  riskier loans.
• Led to the SL Scandal Collapse of the Savings
  and Loan, and the loss of 160 Billion Dollars in
  savings and investments. The US government (i.e.
  taxpayers) bailed out the SLs.

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• Unequal Distribution of wealth in the 1980s
  was higher than any period since WWII
• The economy slowed further under Reagan in the
  early 1980s, but rebounded very strongly by the
  end of the decade

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Iran Contra Affair

• President Reagan (and many others) wanted to
  undermine the Marxist government of Nicaragua,
  known as the Sandinistas
• CIA begins to train and arm Contras, who are
  anti-Sandinista rebels in Nicaragua. This was in
  violation of US laws forbidding intervening in
  the affairs of sovereign nations

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• Congress becomes aware of the CIAs activities,
  and cuts off funding. Many in the government
  still believe we should support the Contras.
• Government officials had been selling cheap arms
  to moderate, anti-Ayatollah Khomeni Iranians
  through Israel in return for the release of US
  hostages held by Hezbollah in Lebanon.

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• Members of the Reagan administration began
  redirecting money from the Iranians to the
  Contras.
• This scheme is discovered, and members accused of
  conducting the activities are tried by the Senate
  (Even Reagan is called in). Oliver North becomes
  the fall guy
• http//www.youtube.com/watch?vmfnRI5JTcXk

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• Reagan denies all knowledge, and has never been
  associated directly to the sales to the Iranians
  or funding the Contras

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Reagan and Communism

• Staunch Anti-communist
• Became very good friends with Mikhail Gorbachev

http//www.youtube.com/watch?vM0NXs_uWPgg
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Gorbechevs Reforms

• Perestroika Reform of the Soviet political and
  economic reform
• Glasnost Openness and transparency by the
  Soviet Government

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• INF Treaty (Intermediate-Range Nuclear Forces
  Treaty) major reduction of nukes in Europe

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Strategic Defense Initiative

• A space based satellite system DREAMED up by
  Reagan to protect us from Russian missiles.
• Commonly known as Star Wars

http//www.youtube.com/watch?vsMfmVzHZvkc
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George H W Bush (aka Bush 41)

• Is a moderate Republican
• Wants to boost the Clean Air Act
• Wants to balance the budget

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Harsh attacks on Michael Dukakis, and vice versa
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• Greatest accomplishments is supervising the fall
  of the Soviet Union

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Creates a global coalition and liberates Kuwait
from Iraqi control
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• 41 inherits the SL scandal from Reagan
• 41 inherits a huge budget deficit and a
  skyrocketing nation debt

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Read my lips No New Taxes!
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• In order to balance the budget, he is forced to
  break his election promise
• His budget works, and the budget deficit is
  reduced,
• Plan carries over thru the Clinton
  Administration, and up to 60 of Clintons budget
  surplus came from Bushs Budget plan!

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Betrayal (aka the Election of 1992)

• Bush raised taxes and supported some Liberal
  agencies, which angered the Far Right. Many
  saw him as having betrayed the Reagan Revolution.
  

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• The Far Right attacks Bush as being too
  liberal. He is attacked by Republican Leadership
  (Newt Gingrich), and has Conservatives run
  against him (Pat Robertson), and a third party
  candidate promising low taxes and control of the
  national debt (Ross Perot)

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• The Election of 1992 goes to Bill Clinton
• Clinton 43
• Bush 37
• Perot 19

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• Bushs budget compromise and Clintons election
  push the Republican party further to the right,
  and liberal or moderate Republicans become a
  rarity, as do conservative Democrats