Path: csiph.com!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: rbowman Newsgroups: comp.os.linux.misc,alt.folklore.computers Subject: Re: EU Date: 17 Dec 2025 07:43:24 GMT Lines: 43 Message-ID: References: <10gpatq$jpt$3@news.misty.com> <69334624$0$11430$426a74cc@news.free.fr> <10h175s$2b64m$19@dont-email.me> <10h4noh$3n4no$4@dont-email.me> <10h61qm$dbs$3@dont-email.me> <10hbtai$1heop$2@dont-email.me> <10he0oj$237cl$4@dont-email.me> <20251212095338.c8a50755e45318f4cf95e760@127.0.0.1> <10hgvpu$2r3rh$19@dont-email.me> <10hpkbv$22juh$14@dont-email.me> Mime-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit X-Trace: individual.net HJbWc2f/tH5eMak2TaUnWQzT8PZtjz++7ot1ujVSYr4NhnFenO Cancel-Lock: sha1:7QIcMriSAR3VLdciKAC/HuFhiE8= sha256:QtEVq67GX3VPqXCguIWcKok8135zVPUV7n08jqQBNbk= User-Agent: Pan/0.162 (Pokrosvk) Xref: csiph.com comp.os.linux.misc:79361 alt.folklore.computers:232634 On Wed, 17 Dec 2025 00:04:38 -0500, c186282 wrote: > However it SHOULD be viewed in context. The total economic mess left > by Carter and the OPEC embargoes left manufacturers in a tight spot. > They were afraid to 'invest in America' and also had less money to > invest. Poor old Jimmuh... He was a nice guy and never should have been president but he was handed a bushel basket of shit. You have to start with Eisenhower's Mandatory Oil Import Quota. On the face of it it was an attempt to enhance national security be limiting the import of petroleum. It lasted from '62 to '73. It was the era of cheap oil. Loved that .19 / gallon gas! Most of the imports were from Venezuela and Canada. The dollar wasn't looking good so Nixon closed the gold window in '71 leading to the Nixon Shock. Meanwhile the US started importing more OPEC oil. Along with taking the US off the gold standard Nixon put in wage and price controls trying to handle inflation. https://en.wikisource.org/wiki/Executive_Order_11615 Meanwhile I Am Not A Crook was up to his ass in alligators and left that dirty dwarf war criminal Kissinger minding the store. He ignored Arab warnings about a possible embargo. In October '73 Nixon launched Operation Nickel Grass to protect the 51st state and it was off to the races. https://en.wikipedia.org/wiki/Operation_Nickel_Grass Spiro Agnew had his own swamp full of alligators, pleaded to felony tax evasion and resigned. Nixon appointed Ford who reportedly had played too much football without a helmet. Nixon headed west in '74, leaving the keys to Ford along with a completely fucked up economy. Pardoning Nixon along with Vietnam folding up on his watch didn't improve the image. Then there was the Whip Inflation Now campaign with the kewl merch. https://en.wikipedia.org/wiki/Whip_Inflation_Now#Gallery Enter Jimmy. He should have run like hell rather than run for president. He inherited the stagflation rather than causing it.