Subject: Costly Lessons: Larry, I have to laugh when Republicans lecture us about understanding "the lessons of Reagansim." With regard to the current recession, I think we're all learning the lessons of Reaganism now. Such lessons as the fallacy of supply-side "voodoo" economics and tax breaks for the ultra-wealthy while our jobs are outsourced overseas. Lessons such as socialism in the form of subsidies and monopolies for corporations while the people are strictly at the mercy of free-market capitalism and massive deficit spending by "fiscally responsible" conservatives. Lessons that have shown that deregulation and privatization are in reality merely Trojan horses for corporate corruption. Yes, my Republican friends, we're painfully beginning to understand the true lessons of Reaganism. Apparently you don't. Or worse, you do. LAT