Mitchell’s laws: The more budgets are cut and taxes inceased, the weaker an economy becomes. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity = poverty and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
A bunch of Secret Service agents had a wild time in Columbia, drinking and whoring. This has come as a great shock to many and has greatly embarrassed the President.
We like to think of the Secret Service as a group of ultra-efficient robots in dark sunglasses, who stand with their backs to the President and other officials, gazing tirelessly out into a crowd. They know everything; they see everything; they hear everything. And all are ready to flop onto the proverbial hand grenade to prevent injury to their charge.
Well, I have some news for you. Every military or pseudo military organization — every organization of any kind — is made up of (can you believe it?) PEOPLE! And people tend to act like people.
No matter how thorough the training and supervision, people are not machines. They have personal needs. They have emotions. Some have families and some don’t. Some are young, with hormones flowing through them. Some are older, and get sleepy early. Some of us are smarter than others, some braver, some stronger. Each day, we awaken as a slightly different person from the one who went to bed, the night before.
Yes, getting wild in a foreign country, when they’re part of a detail that is supposed to guard a President, is stupid. It could have made them subject to blackmail, which could have compromised the mission. It must be punished.
But this I guarantee: It’s not the first such incident and it won’t be the last. The FBI has had its embarrassments. So has the CIA. So has virtually every police department in America. And don’t get me started on political organizations.
Yes, punish the fools, and punish their supervisors, to set a deterrent, but don’t be shocked, shocked shocked. And Mr. President, forget the embarrassment. People are imperfect.
When you, Mr. President decide to visit a place — especially a dangerous place — you’re stretching the limits of what can be expected from people. I know you politicians love to “press the flesh,” and you feel that seeing your beautiful face can turn the international tide. But in fact, all the real work is done in advance of your visit, and have you never heard of a videophone?
Rodger Malcolm Mitchell
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. Two key equations in economics:
Federal Deficits – Net Imports = Net Private Savings
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports