Mitchell’s laws: To survive, a monetarily non-sovereign government must have a positive balance of payments. Economic austerity causes civil disorder. Reduced money growth cannot increase economic growth. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
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Here are a few Perryisms for your amusement, amazement or terror.

“The way that we were able to stop the drug cartels in Colombia was with a coordinated effort. It may require our military in Mexico working in concert with them to kill these drug cartels and to keep them off of our border and to destroy their networks.”

“They have seen the headlines in the past year about doctored data related to global warming. They know that we have been experiencing a cooling trend. . . It’s all one contrived phony mess that is falling apart under its own weight. Al Gore is a prophet all right, a false prophet of a secular carbon cult, and now even moderate Democrats aren’t buying it.”

“I don’t put myself in the ignorant category. I put myself in the, you know, thoughtful skeptic.”

“I’m thinking Texas is the real economy.”

“If you don’t support the death penalty and citizens packing a pistol, don’t come to Texas,”

“I hear your mom was asking about evolution. That’s a theory that is out there – and it’s got some gaps in it. In Texas we teach both Creationism and Evolution in our public schools — because I figure you’re smart enough to figure out which one is right.”

“I am a firm believer in intelligent design as a matter of faith and intellect, and I believe it should be presented in schools along side the theories of evolution.”

“Shall they stand before God and brag that they fought to scrub His glorious name from the nation’s pledge? Shall they seek His approval for attacking private organizations merely because these organizations proclaim His existence?”

“I am concerned that some the highly diverse Magnet public schools in this city are becoming hotbeds for liberalism. Do we really need free school bus service, Black History Month, Hispanic Heritage Month, Asian-Pacific Heritage Month, ESL, special needs and enrichment programs like music, art or math Olympiad? I think we should get back to the basics of the three Rs, reading writing and arithmetic. I mean when is the last time a 6th grade science fair project yielded a cure for a disease? . . .I really don’t see why high schools should have to teach college level courses like calculus, economics, physics, chemistry or biology. Not all children go to college anyway. Texas has plenty of on the job training programs that teach skills and trades. Oil field workers need to know how to operate machines that extract oil. They don’t need calculus to do their job. . . I have no problem if curriculum specialists and teachers decide to replace language arts and literature with bible study.”

“The Christian Coalition voter guide [is] one of the most powerful tools Christians have ever had to impact our society during elections.”

“The vaunted New Deal did not bring the country out of the Great Depression. Its numerous programs never died, and like a bad disease, they have spread. . . By far the best example of this is Social Security.”

“Consider that it is our courts that routinely decide, with little of no chance of further appeal, how and where we may and may not pray to God, when life begins, whether contraception must be allowed to be sold, whether and how we can celebrate religious holidays, what those other than man and woman must be allowed to marry, what level of discrimination may carried out (in the name of ending discrimination), whether a state must allow women to attend an all-male military academy, who may be executed and whether we may execute criminals at all, and generally any issue involving social preference, morality, and our collective concept of right and wrong.”

“Why is the federal government even in the pension program or the health care delivery program? Let the states do it.”

“I support the federal marriage amendment and I also support the same with the issue of abortion.”

“I don’t know what y’all would do to him (Bernanke) in Iowa, but we would treat him pretty ugly down in Texas”

“It is three agencies of government when I get there that are gone, Commerce, Education, and the — what’s the third one there? Let’s see, I can’t. The third one, I can’t. Sorry. Oops.” “This ain’t a day for quitting nothing.”

“There’s something wrong in this country when gays can serve openly in the military, but our kids can’t openly celebrate Christmas or pray in school.”

““When you see his appointment of two, from my perspective, inarguably activist judges whether it was …” Perry said in the Des Moines Register editorial board meeting, pausing for six seconds. “Not Montemayor …” “Sotomayor,” a member of the editorial board interrupted. “Sotomayor, Sotomayor,” Perry said. “And Kagan are both activist judges.”

“For Washington to tell a local school district that you cannot have a prayer and a time of prayer in that school is, I think, offensive to most Americans. I trust the people of the states to make those decisions. I trust those independent school districts to make those decisions better than eight unelected, and frankly, unaccountable judges.”

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Rodger Malcolm Mitchell
http://www.rodgermitchell.com


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No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia. The key equation in economics: Federal Deficits – Net Imports = Net Private Savings

MONETARY SOVEREIGNTY