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Provide a critical assessment of the following quotation. Discuss rhetorical flourishes and slanting techniques, if any, including otherizing, demonizing, fear or hate mongering, and fostering xenophobia. Some passages may fit more than one category.
"I think President Obama is the most radical president this nation's ever seen. And in particular, I think he is a believer in government control of the economy and of our everyday lives. In my judgment, we are facing what I consider to be the epic battle of our generation, quite literally the battle over whether we remain a free market nation."
-Ted Cruz, found at Brainy quotes
Ledger Accounts
A record within the general ledger that is used to collect and store balance and transaction information for individual items such as assets, liabilities, equity, revenues, and expenses.
Retained Earnings Account
An equity account that represents the accumulated portion of net income that a company has decided to keep and reinvest in the business rather than distribute to shareholders as dividends.
Permanent Account Balances
Permanent account balances are those balances in accounts that are carried over into the next accounting period, including assets, liabilities, and equity accounts.
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