–Should SCOTUS be politically neutral or activist? Saturday, Jun 27 2015 

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The more federal budgets are cut and taxes increased, the weaker an economy becomes. .
Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.
●The single most important problem in economics is
the gap between rich and poor.
●Austerity is the government’s method for widening
the gap between rich and poor.
●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.
●Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

=========================================================================================================================================================================================================================

A vast chasm lies between “should” and “is,” and nowhere is this more apparent than with the Supreme Court of the United States.

Many people believe the Court should be politically neutral, neither liberal nor conservative, judging each case on legal merits alone.

Yet, cases do not exist in a vacuum. What may be legal in one setting, may be illegal in another.

A soldier legally can kill an enemy combatant, not because of what the enemy is doing, but rather because of who the enemy is.

A military pilot legally can drop a bomb that kills an entire village, or in the case of Nagasaki, an entire city. A civilian cannot legally do that. Context is important.

Further, each Supreme Court justice has a personal history, personal proclivities, unique DNA, all of which affect his/her attitudes.

On these bases, neutrality is impossible, yet perhaps a desirable goal.

Justices are granted life terms, to insulate them from political pressure. Both political parties claim to deplore judicial activism, though these claims refer to decisions with which each party disagrees.

Presidents from each party, nominate judicial candidates whom they feel will be activist in the “correct” direction, and are disappointed when “their” judges do not vote “appropriately.”

American Constitution Society
WHAT TO MAKE OF THE SUPREME COURT’S JUDICIAL ACTIVISM
Date: September 17, 2013

In terms of “readiness to overturn legislation” the Roberts Court is “one of the most activist courts in history” Justice Ruth Bader Ginsburg said in late August.

Two leading constitutional law scholars, in Issues Briefs released today by the American Constitution Society for Law and Policy (ACS), buttress Ginsburg’s assertion with in-depth studies of high court opinions and voting behaviors that reveal the court’s conservatives are more often the most activist.

In “The Behavior of Supreme Court Justices When Their Behavior Counts the Most,” University of Chicago law school Professor Geoffrey R. Stone, examining twenty high-profile Supreme Court cases on constitutional concerns, explains why the Roberts Court’s conservative justices are just as activist, if not more so, then it’s left-of-center justices.

Stone argues that the high court’s conservative justices, despite their rhetoric to the contrary, are hardly paragons of judicial restraint.

The Roberts court was criticized by legal scholars for being too activist — too far from neutral. Yet:

Chief Justice John Roberts Jr. famously said, during his confirmation process, that being a judge is akin to a baseball umpire – you just call balls and strikes.

Whether Roberts meant what he said, at the time he said it, or merely was playing to his audience, never may be known. In either case, his court has been far more that an umpire calling balls and strikes.

Stone’s analysis of the outcomes in twenty cases covering an array of concerns, such as voting rights, Second Amendment, affirmative action, reproductive rights and equality, reveals how the narrative on judicial activism has been badly distorted.

“The traditional understanding – that liberals are judicial activists and conservatives are committed to judicial restraint – would lead one to expect that the moderately liberal justices in these cases would have been the most activist, the moderately conservative justices would have been in the middle, and the very conservative justices would been the most restrained.

“Not so,” Stone continues.

Stone concludes the “voting behavior of the very conservative justices cannot be explained by any commitment to the principle of judicial restraint.”

Which brings us to Justice Scalia’s infamous “originalism.”

(Stone said,) “Originalism asserts that those who crafted and ratified our Constitution intended the meaning and effect of their handiwork to be limited to the specific understandings of their time.

But this view erroneously attributes to the Framers a narrow-mindedness and short-sightedness that belies their true spirit.”

He continues, “The notion that any particular moment’s understanding of the meaning of the Constitution’s broad and open-ended provisions should be locked into place and taken as constitutionally definitive would have seemed completely wrong-headed to the Framers, who held a much bolder and more confident understanding of their own achievements and aspirations.”

Instead, Stone sees a group of conservative justices who have let ideology and prejudices influence their work, not a commitment to a serious method of constitutional interpretation.

Clearly, Justice Scalia’s sarcastic, acerbic rants, in which he claims not only to know what the Framers wanted, but that their wants of 200 years ago are inviolate, and must be honored today — those rants are hubric wrongheadness at best and intentional political garbage in reality.

Despite ongoing Republican complaints about political activism, they howl like angry children denied a cookie, when the court is not activist enough.

Obamacare ruling puts Supreme Court on hot seat in presidential race

Infuriated by a U.S. Supreme Court ruling that kept President Barack Obama’s healthcare program intact, conservative ire was trained particularly on Chief Justice John Roberts, who was appointed to the court by Republican President George W. Bush.

What!!? A justice appointed by a Republican president, not toeing the Tea/Libertarian/Republican party line?

Outrageous that this man, whom we appointed, should now vote his conscience and legal beliefs, and against us!!

(Roberts) has voted with court conservatives on many landmark cases, including ones involving campaign-finance laws and voting rights. But he also enraged opponents of the Affordable Care Act three years ago when he cast a deciding vote in rejecting a different legal challenge to the law.

Translation: Roberts voted like our puppet, that money is speech (giving the rich more freedom of speech than the poor) and that voting should be made more difficult for the poor.

We thought we could rely on him to continue providing the same poor quality judging.

“He’s let down the [conservative] movement,” said Curt Levey of the Committee for Justice, which advocates for conservative judicial nominees. “He may feel he has no obligation to the movement.”

Uh, well, in fact, Mr. Levey, as a Supreme Court justice, Roberts should have no obligation to any movement.

Amazingly, Levey seems to have no concept of the Supreme Court’s purpose (despite his being a part of the Committee for “Justice.”

Levey said that the pressure will now fall on Republican presidential hopefuls to spell out in detail their views on court appointments – and simple generalities about being faithful to the letter of the U.S. Constitution won’t cut it.

The last thing the right-wing Committee for “Justice” wants is a judge who is faithful to the U.S. Constitution.

They want a judge who is faithful only to the Republican party — another political hack, mouthing political rhetoric in unison.

And then, it really shifts into insanity mode:

Former Arkansas Gov. Mike Huckabee, (who) warned that the legalization of same-sex marriage would lead to the “criminalization of Christianity,” (said we) “must resist and reject judicial tyranny, not retreat.

Louisiana Gov. Bobby Jindal said the decision “will pave the way for an all out assault against the religious freedom rights of Christians who disagree with this decision.”

Wisconsin Gov. Scott Walker said “the only alternative left for the American people is to support an amendment to the U.S. Constitution to reaffirm the ability of the states to continue to define marriage.”

Rick Santorum: “Today, five unelected justices decided to redefine the foundational unit that binds together our society without public debate or input. Now is the people’s opportunity respond because the future of the institution of marriage is too important to not have a public debate.”

Former Texas Gov. Rick Perry said as president, he would “appoint strict Constitutional conservatives who will apply the law as written.”

Ted Cruz says the Constitution gives the Congress the power to strip the courts of jurisdiction. Furthermore, Cruz suggested that Supreme Court justices be subject to retention elections, so they could be voted out of office if they started abusing their power.

It’s all craziness, of course. “Criminalization of Christianity,” by the Christians on the Supreme Court?

“Resist and reject” Supreme Court decisions?

And Walker’s constitutional amendment to define marriage? Why is an amendment needed? No one is forcing Walker to marry a man.

Santorum bemoans “five unelected judges” making decisions. Apparently, he (and Cruz) feel there is not enough politics in the court, so justices should be elected, then thrown off the bench if they don’t vote “right.”

Ah, the madness in the air is palpable.

But I suspect it isn’t real madness. The Republican Presidential candidates have decided, rightly or wrongly, that their voting base is stupid, bigoted and irrational, so to appeal to primary election voters, they must say stupid, bigoted, irrational things.

How sad, for the Republican party, that the extremists exert so much influence. It wasn’t always thus. Years ago, when I voted Republican, the party actually was composed of people who cared about America.

Anyway, the answer to the title question, “Should SCOTUS be politically neutral or activist?” is this:

SCOTUS should be politically neutral and morally activist.

Rodger Malcolm Mitchell
Monetary Sovereignty

==========================================================================================================================================================================
The Ten Steps to Prosperity:

1. Eliminate FICA (Click here)
2. Federally funded free Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Federally funded, free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually. (Refer to this.)
8. Tax the very rich (the “.1%”) more, with higher, progressive tax rates on all their forms of income. (Click here)
9. Federal ownership of all banks (Click here and here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

Initiating The Ten Steps sequentially will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.-

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.

THE RECESSION CLOCK

Long term view:
Monetary Sovereignty

Recent view:
Monetary Sovereignty

Vertical gray bars mark recessions.

As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY

-Who will drown in the “bleeding heart,” liberal tide of American decency? Friday, Jun 26 2015 

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The more federal budgets are cut and taxes increased, the weaker an economy becomes. .
Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.
●The single most important problem in economics is
the gap between rich and poor.
●Austerity is the government’s method for widening
the gap between rich and poor.
●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.
●Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

=========================================================================================================================================================================================================================

We Americans fundamentally are decent human beings. We empathize with, and we feel compassion for, those less fortunate than us. It is built into our genes and expressed in our souls.

In uneven steps, some quick, some slow, some even receding, the tide of American history has moved us up from cold cruelty and indifference, toward what we have come to term “liberalism.”

Once, we had supported slavery. We were wrong. By any measure, and for any time, slavery is, was and always will be merciless and indecent. Slave owners lacked empathy and compassion and decency. Yes, even the venerated founders of our nation were guilty.

A Republican president with liberal leanings, abolished slavery. Yet, some of our conservative brothers still fly cruel banners, still yearn for those shameful days. They lack empathy and compassion. They row against a powerful tide, their pitiful philosophy of no avail.

Once, women had no vote. That was wrong. Today, women own their vote. A liberal tide lifted them.

Women and children, once trapped in rich men’s sweatshops, were freed by liberal thought.

One day, our women will achieve equality in pay. They already have in professional tennis, due in great measure to such Americans as Billie Jean King and (See:) Venus Williams, who fought against male conservatism.

One day, this equality will be found in all jobs and all workplaces. The glass ceiling will be shattered. The tide is relentless.

“Separate but equal,” that Southern bastard-child of slavery, was cruel and indecent. A liberal president abolished this shameful practice.

The devices and deceptions designed to deny the poor their right to vote, once were outlawed, now somewhat resurrected by a right-wing, Supreme Court. We receded, briefly. But the tide will return, mightier than ever.

Bigotry and hatred, in all their variations, are indecent. Conservative claims that the poor are lazy “takers,” who deserve their poverty, not only are factually wrong, but are indecent.

Denying unemployment compensation, denying food and shelter for the poor, cutting Social Security benefits for the elderly — they all deny American values; they flail against an irrepressible tide.

Conservatives claim that immigrants — men, women, even children — bring crime, disease and indolence, and so should be shut out and sent out of America. Those claims also are factually wrong. The claimants deny the tide of American decency.

Preventing full marriage rights to gay people was indecent. No harm is done to anyone when gays marry. The notion that gay marriage somehow diminishes the marriage rights of straight people, is false, cruel and indecent.

As even Justice Kennedy wrote:

No union is more profound than marriage, for it embodies the highest ideals of love, fidelity, devotion, sacrifice, and family. In forming a marital union, two people become something greater than once they were.

As some of the petitioners in these cases demonstrate, marriage embodies a love that may endure even past death. It would misunderstand these men and women to say they disrespect the idea of marriage.

Their plea is that they do respect it, respect it so deeply that they seek to find its fulfillment for themselves. Their hope is not to be condemned to live in loneliness, excluded from one of civilization’s oldest institutions.

They ask for equal dignity in the eyes of the law. The Constitution grants them that right.

Still, the conservative wing of the Supreme Court — Roberts, Scalia, Thomas and Alito — in a cruel and shameful performance, devoid of compassion and humanity, denied the tide.

To paraphrase Franklin D. Roosevelt, their words will live in infamy. Their shame will outlast them.

Denial of health insurance for the poor is cruel and indecent. Three members of the Supreme Court’s conservative wing — Alito, Thomas and Scalia — worship the cold letter of the law above the human purpose of the law, which is to prevent moral tragedy.

They have forgotten, if ever they knew, why America exists.

(Ironically, these men who strut and preen as “originalists,” i.e. interpreters of the 200-year-old intent of our founders, now for political idealism, find themselves reluctant to interpret the intent of a recent Congress.

It was right-wing Scalia who denounced the Court’s departure from the plain meaning of four words, “established by the state,” [ACA] while he himself has ignored the plain meaning of four other words: “A well regulated Militia” [2nd Amendment]. Such is his hypocrisy.

And it was the right wing of the Court, who decided that money is a synonym for free speech in elections, disingenuously claiming the more “speech,” the better, while granting the rich far more “free speech” than the poor.

If history remembers them at all, it will remember the Supreme Court right-wing cabal as infamous men who lurked on the wrong side of history.

In the past, we freely raped our environment, killing what we touched and spreading poisons over the land. The rich still do this, but less now, for liberal thought has moved the tide inexorably toward protection of our earth, air, water and climate.

Sadly, deniers of climate change, deniers of fossil combustion poisons, and deniers of our dwindling species, value today’s dollar more than tomorrow’s children.

But that must and will change.

We tortured and killed people in the name of “law and order.” Now, less so. Soon perhaps, never.

One wonders what it is conservatives wish to conserve. Hatred and bigotry? Lack of empathy? Lack of compassion? Lack of human decency? Is this their desired legacy?

Today’s conservatives cannot long deny, deny, deny, as they drown in the “bleeding heart,” liberal tide of American decency.

Americans know, deep withing their hearts, that like the equally and wrongly denied Evolution, the “bleeding heart,” liberal tide is real and inevitable.

We the people, neither can, nor wish to, swim against it.

Rodger Malcolm Mitchell
Monetary Sovereignty

==========================================================================================================================================================================
The Ten Steps to Prosperity:

1. Eliminate FICA (Click here)
2. Federally funded free Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Federally funded, free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually. (Refer to this.)
8. Tax the very rich (the “.1%”) more, with higher, progressive tax rates on all their forms of income. (Click here)
9. Federal ownership of all banks (Click here and here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

Initiating The Ten Steps sequentially will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.-

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.

THE RECESSION CLOCK

Long term view:
Monetary Sovereignty

Recent view:
Monetary Sovereignty

Vertical gray bars mark recessions.

As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY

Democrat Sen. Durbin courageously addresses the bankster issue Thursday, Jun 25 2015 

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The more federal budgets are cut and taxes increased, the weaker an economy becomes. .
Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.
●The single most important problem in economics is
the gap between rich and poor.
●Austerity is the government’s method for widening
the gap between rich and poor.
●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.
●Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

=========================================================================================================================================================================================================================

Recently, I wrote to my Illinois Senator, Democrat Dick Durbin, asking why not a single big-bank, bankster has been prosecuted, much less convicted.

Here is the full text of his courageous response, along with my comments:

June 25, 2015
Dear Mr. Mitchell:

Thank you for contacting me about the decision not to prosecute many executives involved in the 2008 financial crisis. I appreciate hearing from you.

“Many” executives? How about “any” executives?

In January of 2013, Senators Sherrod Brown of Ohio and Chuck Grassley of Iowa sent a letter to then-Attorney General Eric Holder. This letter questioned the scope and type of charges the Department of Justice had brought against those involved in the financial crisis. The DOJ said it would charge people it believed had broken the law. By the end of 2014, the DOJ had secured over $36 billion dollars in civil penalties related to the crisis.

Somewhat of a shift. The DOJ was supposed to charge people. The billions in civil penalties came from the banks. The people could not care less.

In the wake of the 2008 downturn, we worked in a bipartisan way to rebuild the country and enact common sense reform of the financial system. These reforms addressed many of the practices that led to the crisis.

It was not a “downturn,” Senator. It was a full fledged recession, bordering on a depression. Millions of people were thrown into financial devastation. Sadly, too few were politicians.

The “reforms” did not address the fundamental problem: Banks trading for their own accounts, rather than acting as banks.

Firms cannot think they are too big to fail, and executives must not be allowed to make decisions and not feel the consequences. These notions can lead to excessive risk-taking, and the expectation that the government will save a troubled company.

Except, the government rewarded the “too big to fail” banks by lending them money to keep them from failing. And the executives were rewarded with gigantic salaries and bonuses. Why? I guess we all know the answer to that.

I will keep your concerns in mind as we work to strengthen the American middle-class and protect the financial system from reckless behavior.

Thank you again for contacting me. Please feel free to keep in touch.
Sincerely,
Richard J. Durbin
United States Senator

I feel good, don’t you. He will strengthen the American middle-class and protect the financial system. How? I don’t know.

Anyway, you might think the headline of this post was sarcastic, when it spoke of his courage, but it takes a lot of guts to send a constituent a letter so filled with meaningless generalities and outright falsehoods. So kudos to Senator Durbin for his courage.

Now if only he would sponsor a term limits bill. His letter is a perfect example for why term limits are needed.

By the way, the solution to the bankster problem is in #9 of the Ten Steps to Prosperity: Federal ownership of all banks (Click here and here)

Eliminate the profit motive and you eliminate the banksters.

Rodger Malcolm Mitchell
Monetary Sovereignty

==========================================================================================================================================================================
The Ten Steps to Prosperity:

1. Eliminate FICA (Click here)
2. Federally funded free Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Federally funded, free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually. (Refer to this.)
8. Tax the very rich (the “.1%”) more, with higher, progressive tax rates on all their forms of income. (Click here)
9. Federal ownership of all banks (Click here and here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

Initiating The Ten Steps sequentially will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.-

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.

THE RECESSION CLOCK

Long term view:
Monetary Sovereignty

Recent view:
Monetary Sovereignty

Vertical gray bars mark recessions.

As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY

–To which flag is Lindsey Graham referring? Tuesday, Jun 23 2015 

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The more federal budgets are cut and taxes increased, the weaker an economy becomes. .
Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.
●The single most important problem in economics is
the gap between rich and poor.
●Austerity is the government’s method for widening
the gap between rich and poor.
●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.
●Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

=========================================================================================================================================================================================================================

Recently, the honorable Lindsay Graham, a respected United States Senator, who is running for President, said, “The flag represents to some people a civil war, and that was the symbol of one side. To others it’s a racist symbol, and it’s been used by people, it’s been used in a racist way.”

The question is: To which flag was he referring, #1 or #2?

1.

2.

Just asking.

Rodger Malcolm Mitchell
Monetary Sovereignty

==========================================================================================================================================================================
The Ten Steps to Prosperity:

1. Eliminate FICA (Click here)
2. Federally funded free Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Federally funded, free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually. (Refer to this.)
8. Tax the very rich (the “.1%”) more, with higher, progressive tax rates on all their forms of income. (Click here)
9. Federal ownership of all banks (Click here and here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

Initiating The Ten Steps sequentially will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.-

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.

THE RECESSION CLOCK

Long term view:
Monetary Sovereignty

Recent view:
Monetary Sovereignty

Vertical gray bars mark recessions.

As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY

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