Rational Nation USA

I was once a republican. I believed that maintaining the national debt at a manageable sustainable level is important. The Republican party said they did as well. I believed that annual budget deficits were often unavoidable during recessionary cycles but knew that during grow cycles budgets needed to be balanced in order to be able to sustain a manageable national debt level. I thought te Republican party believed the same. I was wrong on both counts as the Republican party has been most responsible for our national debt explosion every since Ronald Wilson Reagan was our president. It continues under Trump unabated and NO ONE   in the Republican party is even talking about the national debt or budget deficits any longer. It’s like no one cares anymore. Likely that is because they don’t. The Republican Party aversion to raising taxes during growth cycles is stuff of legendary proportions. Even though that is how debt control works. Reducing taxes to “stimulate economic...

by: Pamela D. Hart As we know our Financial System took a major hit at the end of 2008. Let’s take a little look see at how this played out, shall we… The Community Reinvestment Act is a federal law that was passed in 1977 to “encourage” banks and savings associations “to meet the needs of borrowers in ALL segments of their communities, [emphasis mine] which included low and moderate-income neighborhoods”. Congress felt this law needed to be passed in order to prevent discrimination against low-income and minority borrowers. There were legislative changes made to the CRA over the years, but the most pertinent one, in my opinion, was the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, which required Freddie Mac and Fannie Mae to devote a percentage of their lending to support affordable housing. Basically this Act instructed Freddie and Fannie to divide its business into three categories: low and moderate-income, underserved, and special affordable. The goa...

Rational Nation USA has posted much with respect to the perceived reality President Obama is a socialist/statist and as such poses a real threat to our liberties, individualism, and independence. Recent developments, combined with further analysis, has lead to a modified although not entirely different view. While it is true that Obama has placed as a cornerstone of his Presidency the enactment of a national health care system that is another step in expanding entitlements, and growing the socialist agenda in government, this is not the greatest danger to our independence, liberty, and individualism. The greatest danger we face is the danger of the one world order. With the events in Afghanistan, expanding our military activities without the goal of winning the war, it appears the Obama administration is playing into the hands of the Military Industrial Complex that President Eisenhower spoke about in 1961. Obama, while remaining a socialist, is really about creating the one wor...