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Our Biggest Creditor {China} Tells Us "The good old days of borrowing are over"
by: Les Carpenter Rational Nation USA Birthplace o Independent Conservatism Liberty -vs- Tyranny As the chickens come home to roast... Unbelievable we have been this stupid. ( Reuters ) - Global leaders on Saturday arranged a round of emergency calls to discuss the twin debt crises in Europe and the United States that are causing turmoil in financial markets . After a week that saw $2.5 trillion wiped off global stock markets, they are under pressure to show political leadership and reassure markets that Western governments have both the will and ability to reduce their huge and growing public debt loads. French President Nicolas Sarkozy, who chairs the G7/G20 group of leading economies, conferred with Britain's Prime Minister David Cameron ahead of a call planned for this weekend by G7 finance ministers and central bankers. "They discussed the euro area and the U.S. debt downgrade. Both agreed the importance of working together, monitoring the situation closely
As the Liberal/Progressive Media and Blogosphere Attempt To Destroy Governor Chris Christie...
by: Les Carpenter Rational Nation U S A Purveyor of Truth As the liberal/progressive media and bloggers attempt to trash Governor Chris Christie of New Jersey over the George Washington Bridge lane closings, ostensibly because he is a formidable threat to their darling would be 2016 democratic presidential nominee Hillary Rodham Clinton, there remains NO EVIDENCE he had any involvement or was aware of the actions by his underlings. If Governor Christie indeed had no involvement in the closings, and at this point is is prudent to assume he didn't, the valid question is... should he have known? If we believe an executive sets the tone and culture for his administration then indeed the actions of his loyal staff at least become somewhat understandable. Wrong, but understandable. From NorthJersey.com Nothing in the approximately 2,000 documents released on Friday by the Assembly committee investigating the matter suggest that Christie knew of the lane-closure scheme beforeh
Race Baiting at the Highest Level of the Federal Government...?
by: Les Carpenter Rational Nation USA Lib e rty -vs- Tyr a nny I listened to the full Presidential news conference this afternoon. Obama said some things that made sense. Then he made the following remarks that IMNHO told the nation in full agenda with respect to said issue. Having a in depth discussion of race relations might very well be appropriate and a general discussion is something that MOST American's would welcome. Using the Zimmerman verdict ks simply the WRONG event at possibly the right time. However, don't expect the President, the Department of Justice, or the liberal media or ultra liberal populace to understand what this means. If I can find a video of the full and complete news conference it will be posted later. Via: Memeorandum Update : via You Tube. Your views and thoughts are most welcome. Left and or Right leaning...
The ObamaCare Divide Creating Two America's...
by: Les Carpenter Rational Nation USA Purveyor of Truth Red and blue state map, based on returns in last four presidential elections. (Wikimedia Commons/ Angr) This site is not a supporter of the mechanisms of ObamaCare and questions whether it in fact will ultimately make health care either more accessible r affordable. Except for those receiving a subsidy or are getting it free. All that aside I do agree with following Moyers & Company article stating that ObamaCare is widening the gap between red America and blue America. Something needed to be done with our health care and insurance system. Most agree that the pre ObamaCare system needed some work. Unfortunately reason failed American politics and what we have achieved is an ever more polorized country with no end to the polarization. Perhaps it is time to officially form a Blue United States of America and a Red United States of America. Because in reality we are moving ever closer to the breaking point. Th
It's Going To Be Close, Brace Yourself For Continued Polarization of America, Especially if Obama Loses...
by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny The race is close, very close, with the momentum shifting to Romney. However, my take is the shift, as significant as it has been, came too late and too little. Progressives no doubt are biting their nails because as much as they prefer not to acknowledge it, this one is a real cliff hanger. Reminiscent of 2000. It is true if Obama loses this one progressives throughout the land will be wailing and gnashing their teeth. For them it will be a great undoing of their greatest hopes and dreams. Of course the other fifty percent of America will view it quite differently. So, as the polls close tomorrow, and the tabulating of the vote goes late into the night, we can be sure of a few thing... The nation will remain polarized, the puppet masters behind the curtains will continue calling the shots, the debt and deficits will continue, no mater who wins. And America will continue to ask why. Tomorrow, as I visit my polli
The No Self Teaching...
Obama the Socialist, or Is He? Listen to the Voice of One Who Knows...
by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny at the 44th Karlovy Vary International Film Festival Every so often we have our views called into check. Whenever this happens the wise person considers the perspective, as well as the experiences of the person calling the entrenched views into check. In doing so one learns and therefor grows. At least that is how it should work. Milos Forman , the immigrant from Czechoslovakia who later won Academy Awards for best director for the films “One Flew Over the Cuckoo’s Nest” and “Amadeus”, provides just such a check for America. He clearly, and accurately describes American politicians misunderstanding of totalitarianism and western European democratic socialism in his July 10th op-ed piece in the New York Times . He ends the article with a very poignant warning. Mr. Obama, and politicians of both major parties, as well as every American citizens ought to consider his words... and warning. The New York Times - WHEN
Humor in Truth...
Rational Nation U S A Purveyor of Truth Eleven days into 2016 and still recovering from the hustle and bustle of the preceding year end holidays I was looking for something to get me back to normal and give me a great belly splitting laugh. But that laugh needed to be a laugh caused by something that was funny because of the great truths it held. Today that great belly splitting laugh happened. June 28, 2015 Jeff Landry, an aide to Donald Trump, scratched the back of his right leg with his left shoe, stalling. You have to answer just right , or he goes apeshit . Jeff remembered grimly what a pleasant change he’d thought this job would be, but now he looked back on those six harrowing weeks working for Harvey Weinstein like a long-ago Hanukkah. The question Trump had put to him was “How do we close this?” Jeff played it safe: “I say go big.” Trump lit up. “I can do big,” he said. “This whole thing, which was my idea, incidentally, and a very good idea, really a very gr
More Thoughts On Reasonable Firearm Control...
by: Les Carprnter Rational Nation USA Liberty -vs- Tyranny In the wake of the Sandy Hook tragedy in which 20 innocent children lost their live to a sick and mentally unstable individual the subject of gun control has remained center stage. This is understandable, and as it should be. The pursuit of finding improved methods to better identify unstable individuals and thereby keep firearms out of the hands of such individuals is a worthy pursuit. As we consider how to deal with increasing societal violence we must find a happy medium that will both improve public safety and preserve our second amendment rights. It can be done, if both sides of the gun control debate will start listening to each other rather talking A T each other. We have heard from the NRA's Wayne LaPierre, who has offered essentially the same solution as the organization did in 2007. Put armed police guards in every school in America. Not anything most suburban and rural Mom's and Dad's will b
It's said that Reagan and JFK could not get their party's nomination for president today. I'm not sure about that, but I am sure the politics of today is different for both parties than when either of those men were leaders of their respective parties.
ReplyDeleteI'm not into labels and politics is so fractured that I don't even understand the meaning of such labels in today's politics. I have considered myself a JFK liberal, which doesn't match up with the positions of today's Democratic party, or even the Democratic party of Jimmy Carter.
I suspect you have found yourself with similar thinking.
I tended to vote for the man I thought had character, values, and honesty. I voted for Jerry Ford and Jimmy Carter. Whatever their mistakes, I still think they were both men with those traits. I have also voted for 3rd party candidates. Mr. Trump could never meet my standards and I think he is an embarrassment to America (IMO).
In American history when the country was in times of partisanship like these days, we don't really find an answer to regaining commonality. The party in power got their government and only time, or national emergency changed people's voting habits and thinking. I have to admit that I don't see such partisanship as today since before the Civil War.
Divided government does seem to give check and balance to the danger of group think and one sided ideologies. Examples would be the Republican mantra of cut taxes no matter what it did to the debt, or the Democratic mantra of the nanny State which is causing huge spending.
Between majority in Congress and holding the White House over the last 40 years Republicans have had their way more often than Democrats and that reflects much of our 20 trillion dollar debt.
Prior to that, the people did vote to raise taxes on themselves to pay for their spending. Ike's highway bill (the largest government spending bill at that time) was fully funded and paid for with higher taxes. That made the tax rate the highest in American history, but we also had the highest growth rate in American, or world history. High taxes do not mean slow growth.
When JFK cut taxes to boost the economy it worked, but by the time Reagan tried the same thing the economy was so large it didn't bring in nearly enough to counter spending. Without spending cuts, the debts started and Republicans held onto that fiscal (tax cuts) policy for decades and still today. At least Democrats told Americans taxes had to be raised to avoid deep debts. Mondale was right. Bush was right, it was Voodoo economics.
The tricky part is to understand the mistake and correct it going forward. That means accepting fault and changing ideology. The Republican party has to accept tax hikes and the Democratic party has to accept spending (program) cuts. Only the two together can help solve our financial problems and still keep our value of promises to our people and needed spending to improve our country.
I am not optimistic. Our gun problem is a good example. If all we can agree on after decades of massacres is a bump stop ban, we have lost the strength needed to help stop such a deep problem. Trump (and the Republicans) have offered the largest tax cut in American history in their newest budget plan. How do we pay for that? Where are the spending cuts? This is the best we can come up with while our debt is already 20 trillion?
Well stated. There is little, if anything we here would disagree with.
ReplyDeleteWhat is the definition of insanity? To continue doing the same things over and over again expecting different results.
America exemplifies insanity.
Perhaps someday in the distant future America will find the values to be had in unity. When the nation finds common cause and works for the equality of opportunity for all not just the privileged, when affordable quality healthcare is available for all, when gun violence is no longer a topic of national discussion, when leaders actually lead and their leadership is grounded in truth and ethical standards not lies and deceit, when we can look upon our nation's actions both at home and around the globe with pride knowing we are doing the right thing, when Americans can once again believe fufulfilling the Promise of America is indeed possible.
ReplyDeleteThis in unlikely to happen in my time. I hope it will during our grandchildren's time.
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ReplyDeleteOff topic, therefore deleted.
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