●The more budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor, which leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
People follow strong leaders – leaders who have a clearly defined goal, and who articulate that goal in forceful terms. No one follows a compromiser. You never know what a compromiser will do or how much he will give away, when he’s compromising.
Compromisers don’t inflame the emotions, don’t create a shining path to glory. Their creations are dull, dark and dreary, their successes minimal. They will do anything for approval from the other side. A compromiser has but one goal: To compromise. We didn’t realize it – we should have realized it – Barack Obama is a compromiser.
He should be winning this election in a walk. The Republican party has been taken over by mean-spirited crazies, jesters, nutballs and fools. Has there ever been a dopier group than Ron Paul, Newt Gingrich, Rick Santorum, Rick Perry, Michele Bachmann and Herman Cain? Talk about a rogues gallery of misfits – and they all wanted to be President of our great United States? And some people actually voted for them. Yikes!
Add to that the Tea Party and the religious right wing extremists, and it’s no wonder a vacillating, take-both-sides-of-every-issue phony like Mitt Romney was selected as the least bad of a very bad group.
But Barack Obama, weakness personified, believes if he is nice to the other guy, the other guy will be nice to us. So while the Democrats in Congress worked to put through what ironically is called “Obamacare,” the President’s support was tepid at best, and counterproductive in reality. He came along for the ride, always looking for a compromise.
And while we’re talking real, Obama did not “get Osama bin Laden.” For a dozen years our defense agencies have been trying to get the guy, and Obama happened to be President when our boys finally accomplished the job. His primary role was to sit in a room and look worried at the T.V.
This professorial bent toward compromise is why Obama is not way ahead of a guy who hides his earlier tax returns, publishes phony tax returns in which mysteriously, he temporarily doesn’t take deductions for millions in charity (to be revised after the election), and just before the east coast is devastated by a hurricane, announces he would get rid of FEMA, and let the states carry the burden.
(Could anything be funnier than watching Chris Christie, Republican governor of New Jersey, waddling behind Obama, and praising the president for FEMA efforts?)
Although Obama compromised his way to failure with Syria, Iran, Egypt, Pakistan, Afghanistan, Lybia and the Palestinians, Romney was across the ocean making a fool of himself.
So, it’s no wonder Romney gets away with lying about his position on virtually every major issue facing this nation, and even is allowed to say he will get rid of Obamacare (aka Romneycare), and replace it with a cockamamie voucher system – a system so wonderful, Romney is forced to promise the 55-and-olders they won’t have to join it. (Hey, who cares about the young people, anyway?)
Romney gets away with it, because Obama is a compromiser, and no one follows or trusts a compromiser.
Now Obama vows to forge a “grand bargain” (aka abject surrender) with the Republicans in which he will end up giving them what they (the 1%) want – deficit reduction – in return for this tragedy:
“I am absolutely confident that we can get what is the equivalent of the grand bargain that essentially I’ve been offering to the Republicans for a very long time, which is $2.50 worth of cuts for every dollar in spending, and work to reduce the costs of our health care programs,” Obama said. (The White House quickly clarified that he meant $2.50 of spending cuts for every dollar in new tax revenue.) Yahoo News
Money is the lifeblood of an economy. To cure your anemic economy, Obama’s “grand bargain” will drain $1 worth of your blood for every $2.50 worth of blood not pumped into you. (Visualize you’re bleeding. Your doctor says, “To cure you, we’ll drain out some of your blood and we won’t give you a transfusion.”)
Why it’s better that most of your blood reduction be from lack of transfusion and “only” 30% be drained out of you, is unclear to me, but if the Tea/Republicans (aka the 1%) agree to it, Obama will declare a great victory for compromise – and you will die broke, sick and early.
The 1% must be dancing in the streets. Not only with they get their massive increase in the income gap, so ardently craved and paid for, but the blame will go on the Democrats. I can’t imagine why any 1%er would vote Republican, when the Democrats are willing to carry the 1%’s water.
And I can’t imagine why any Democrat would vote at all – at least not for a President – because when the choice is between a liar and a weakling. . . well, there isn’t really a choice, is there?
O.K, actually there is, and I can give you a reason in two words: Antonin Scalia. Wait, make that four words: Clarence Thomas. Today, these two justices from the dark ages, who believe in originalism-when-convenient, only are part of a bare majority, and Chief Justice Roberts showed that at least on rare occasion, it is possible to vote for human rights, human decency and the Bill of Rights – when one cares about one’s legacy.
But, in the next four years, there will be several vacancies, and God help America, if these vacancies are replaced with the likes of Scalia and Thomas. Minorities, immigrants, the poor, the sick and the uneducated all will fall to a 16th century bludgeon.
So yes, if you have nothing better to do, like file your toe nails or take a nap, vote Democratic for your salvation from a cruel, uncaring Supreme Court, but hold your nose while you do.
Then march in the streets to protest the “grand bargain” of evil.
Rodger Malcolm Mitchell
Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Medicare — parts A, B & D — for everyone
3. Send every American citizen an annual check for $5,000 or give every state $5,000 per capita (Click here)
4. Long-term nursing care for everyone
5. Free education (including post-grad) for everyone
6. Salary for attending school (Click here)
7. Eliminate corporate taxes
8. Increase the standard income tax deduction annually
9. Increase federal spending on the myriad initiatives that benefit America’s 99%
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 Imports