It’s only right for your healthcare to be rationed. Friday, Jan 29 2016 

LOOK FOR US ON GOFUNDME.COM: RODGER MALCOLM MITCHELL

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

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If there is one thing the right-wing loves, it’s benefits for the rich: Tax breaks, tax shelters, federal spending on wars, etc.

If there is one thing the right-wing hates, it’s benefits for the middle-class and the poor: Social Security, Medicare, Medicaid, aids to education, poverty aids, etc.

What follows is the uber right-wing Reason.com’s Steve Chapman, and his January 21, 2016 article:

The Fiction Behind Sanders’ Health Plan: You can’t demand more without paying more.

Immediately, you know that the article will be a gigantic misrepresentation, based on the fiction that federal taxes (and federal taxpayers) pay for federal spending.

While state and local government taxes fund state and local spending, the federal government, being Monetarily Sovereign neither needs nor uses tax dollars for spending.

Even if all federal taxes fell to $0, the federal government could continue spending, forever. Even if FICA were eliminated entirely, the federal government could fund “Medicare for All,” with no difficulty, whatsoever.

Denying the difference between Monetary Sovereignty and monetary non-sovereignty is a sure sign either of economic ignorance or of intentional deception.

In short, is Steve Chapman ignorant of economics, or is he a paid liar? You decide.

Bernie Sanders is a democratic socialist who thinks the United States needs a “political revolution.” His plan to replace our health insurance system with “Medicare for All” is in some ways a dramatic break with the status quo.

But it rests on an old and thoroughly conventional formula: Promise voters they will get more and better health care without paying for it.

And so, without further ado, Chapman introduced the favorite, right-wing lie that middle- and low-income people, who want the federal government to pay for their health care, are lazy slackers looking to get “free stuff” from the government, rather than working.

Let me tell you about these “lazy slackers”: Out of Reach found that the average hourly wage needed to rent a $1,006 two-bedroom unit in the United States is $19.35 — or $40,240 per year. That’s more than two and a half times the federal minimum wage, the report noted, and $4 over the estimated average wage of $15.16 that renters earn nationwide.

That means, for instance, that a couple working two minimum wage jobs cannot afford a two-bedroom apartment for themselves and their kids.

How awful for them to want the government to pay for the healthcare they themselves can’t buy.

Sanders’ plan would encompass “the entire continuum of care,” including long-term care and dentistry.

There would be “no more copays, no more deductibles, and no more fighting with insurance companies when they fail to pay for charges.”

In sum: Every person will have everything he or she wants in the way of care and will pay zero at the point of service.

Right. In sum, the poor and middle-classes — the “99%” — would be able to receive nearly the care the 1% easily afford.

Contrast that with Medicare, which doesn’t cover long-term care or dentistry. It also imposes a deductible for hospital stays and a copay on doctor services.

In 2010, the average Medicare recipient spent $4,734 for out-of-pocket costs.

That means millions of people, in the greatest country in the world, must do without long-term care, dentistry, hospital stays and doctor services, because they can’t spare $4,734.

Apparently that is just fine with Chapman and the Republicans.

Such obligations are an inconvenience and a burden to patients, but they serve two useful purposes: reducing what taxpayers have to pay and discouraging care that is only marginally helpful.

This approach serves to contain costs. Sanders’ change would serve to increase them.

Chapman, through ignorance or intent, ignores the fact that federal taxpayers do not pay for federal spending.

According to Chapman and the rest of the right-wing, we don’t want to “inconvenience and burden” the federal government, which has the unlimited ability to pay any bills of any size, and so will not be inconvenienced or burdened at all.

Apparently, it is better to “inconvenience and burden” the people who are struggling to get by.

Why? Because by inconveniencing and burdening the 99%, the Gap between them and the 1% widens, and that is exactly what the rich want. (The Gap is what makes them rich. Without the Gap no one would be rich, and the wider the Gap, the richer they are.)

Then comes the right-wing’s statement that “a lot of private insurers’ costs come from scrutinizing claims.”

It is part of the same notion that our Monetarily Sovereign federal government — the government that 230 years ago first created the dollar out of thin air — now somehow can run short of those same sovereign dollars unless it begs for help from taxpayers:

He argues that his system will be “far cheaper than private insurance” because it will cut down on “overhead, administrative costs, and complexity.” But a lot of private insurers’ costs come from scrutinizing claims to prevent fraud, overtreatment and unnecessary treatment.

Agreeing to pay all charges without review, as Sanders proposes, is an invitation to be fleeced.

First, “a lot of private insurers’ costs come from” the need for profits. Eliminate the profit motive and you not only lower “costs,” but you eliminate the desire to fleece anyone.

Second, Sanders does not propose to “pay all charges without review.” This is 100% bullsham, and Chapman knows it.

Sanders merely recommends covering more people with more services, by extending and broadening our existing Medicare, which itself does not “pay all charges without review.”

Third, there is no financial reason to make health care “far cheaper than private insurance.” The federal government, being Monetarily Sovereign, never will run short of dollars.

In fact, the more dollars the federal government pays for Medicare, the more stimulative dollars are pumped into our economy, helping to grow the economy.

One reason he thinks the single-payer approach will work so well is that countries like Canada and Britain use it and spend far less than we do on health care.

He takes care not to mention one major tool they use to hold down costs: limiting access to procedures that insured Americans take for granted.

“One in four Canadians reported waiting four months or more for elective surgery, similar to the proportion of patients in the United Kingdom (21 percent) but much higher than in Germany (almost 0 percent) and the United States (7 percent),” the Canadian Institute for Health Information found in 2012.

One in five Canadians needing knee or hip replacements has to wait more than six months.

IF (big “IF”) Canadians must wait too long for procedures, this would have nothing to do with single payer (the basis for Medicare). It would have to do with a shortage of doctors and hospitals.

Why would there be a shortage of doctors and hospitals in Canada? The only reason I can imagine is that the Canadian government, subscribing to the right-wing notion of unnecessary money-saving, must not pay doctors and hospitals enough.

In other words, the Canadian government would be doing too much to “scrutinize claims,” just as the right-wing wants.

(Sanders) is hardly unique in pretending we can all get everything we want for a pittance.

George W. Bush did the same thing in pushing a new program of Medicare prescription drug coverage without raising payroll taxes to pay for it.

It cost the government $78 billion in 2014—only 15 percent of which was covered by premiums from seniors.

In Chapman’s right-wing world, it’s far better for seniors to pay the $78 billion than for the Monetarily Sovereign federal government, which can afford anything, to pay it.

Chapman says the federal government can go broke, but seniors can’t.

The (Obama) administration was deceptive in claiming that the economies (of ACA) would be wrung out of private insurers and hospitals, at no inconvenience to patients.

That’s like saying that if you require utilities to take expensive steps to clean up pollution, consumers won’t end up paying more.

Huh? Chapman reveals his right-wing bona-fides. He intimates that utilities should not clean up pollution?? Another Republican meme.

Anyway, Obama was wrong then, and Chapman is wrong now, to pretend that federal finances are like consumer finances.

The federal government can, should, and does add dollars to the economy every day, without taxing. It’s the fundamental purpose of being Monetarily Sovereign. There is zero reason for any government to be Monetarily Sovereign unless it uses that power to add stimulating dollars to the economy.

Now we close with he right-wing’s oft used, but misleading, claim:

The United States has the most expensive healthcare in the world because Americans refuse to take “no” for an answer. Sanders won’t ask them to.

Taking “no for an answer” simply means doing without some health care, and for no reason at all. Is that what you want?

The federal government stands ready with its gigantic, unlimited checkbook, offering to pay for all your healthcare needs and the needs of your children.

But, Chapman and the right-wing 1% want you to say “No, we’d rather be sick.”

While the rich have the ultimate in unlimited healthcare, your healthcare is supposed to be rationed.

It’s only right, right?

Rodger Malcolm Mitchell
Monetary Sovereignty

===================================================================================
Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded 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. 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 Click here
8. Tax the very rich (.1%) more, with higher, progressive tax rates on all 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)

The Ten Steps will grow the economy, and narrow the income/wealth/power Gap between the rich and you.
——————————————————————————————————————————————

THE RECESSION CLOCK

Recessions begin an average of 2 years after the blue line first dips below zero. There was a dip below zero in 2015. Recessions are cured by a rising red line.

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.

MONETARY SOVEREIGNTY

Conversation: The Donald and his mommy Wednesday, Jan 27 2016 

LOOK FOR US ON GOFUNDME.COM: RODGER MALCOLM MITCHELL

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

The following is an accurate, word-for-word representation of a conversation between Donald Trump and his Mommy.

We know it is accurate, because it was recorded by David Daleiden and Sandra Merritt, the same two indicted people, who faked a tape about Planned Parenthood selling fetus parts.

Additionally, Carly Fiorina swore she was present when the conversation took place, and Ted Cruz spoke with God about it.

The Donald’s Mommy: How is my brave little soldier, today?

The Donald: Wa wa wa. I’m going to be President of the United States. I’m going to bomb ISIS. I’m going to build a wall between Mexico and the United States.

Mommy: Yes dear, you are so strong and tough. But why are you crying?

Donald: Wa wa wa. And I’m going to force Mexico to pay for the wall. And I’m going to deport all 11 million people who are not citizens.

Mommy: Isn’t that wonderful! But why . . .

Donald: Wa wa wa. And I’m going to keep out all of those nasty Muslims, and, and . . .

Mommy: But what if the Mexicans and Muslims don’t like it?

Donald: Wa wa wa. I’ll call Daddy, and he’ll give me a few hundred million dollars again, and make it all better.

Mommy: So dear, why are you crying?

Donald: It’s that Megyn Kelly. She’s so mean to me. She’s even meaner than Putin. I’m afraid of her.

Mommy: There, there, my brave little soldier. Wipe your tears. You don’t have to talk with her.

Donald: And then there’s that Hillary. She’s even tougher than Megyn. She was questioned for 11 hours by a fake Republican committee pretending to investigate something, and she’s so strong she never cried or complained or anything. So, I’m afraid of her, too.

Mommy: Well, don’t you worry. No one says you have to be strong to be President of the United States. If anyone is mean to you — you know, China, Russia, Iran and the rest of those bullies — you just come home to Mommy.

Donald: And I don’t have to join the military?

Mommy: No, your Daddy will fix that.

Donald: And if my companies go bankrupt?

Mommy: Daddy will give you money.

Donald: And I don’t have to talk with that mean, old Megyn?

Mommy: No, just call her a “bimbo,” send out some tweets, act like a tough guy and stay away from her. That way, she can’t hurt you. Now go outside, play with your toy sword, and pretend to nominate more Scalias and Thomases to the Supreme Court, my dear little future President of the United States.

It all happened, just like that. If you don’t believe in the facts, just ask Senator Snowball. He knows facts.

Rodger Malcolm Mitchell
Monetary Sovereignty

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Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded 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. 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 Click here
8. Tax the very rich (.1%) more, with higher, progressive tax rates on all 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)

The Ten Steps will grow the economy, and narrow the income/wealth/power Gap between the rich and you.
——————————————————————————————————————————————

THE RECESSION CLOCK

Recessions begin an average of 2 years after the blue line first dips below zero. There was a dip below zero in 2015. Recessions are cured by a rising red line.

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.

MONETARY SOVEREIGNTY

100% absolute proof Bernie Sanders should be our next President Tuesday, Jan 26 2016 

LOOK FOR US ON GOFUNDME.COM: RODGER MALCOLM MITCHELL

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

If you’re looking for 100% absolute proof Bernie Sanders should be our next President, here it is:

Bill Black: Wall Street Declares War Against Bernie Sanders
Posted on January 26, 2016, by Yves Smith
By Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Originally published at New Economic Perspectives

Wall Street billionaires are freaking out about the chance that Bernie Sanders could be elected President.

Stephen Schwarzman, one of the wealthiest and most odious people in the world, told the Wall Street Journal that one of the three principal causes of the recent global financial trauma was “the market’s” fear that Sanders may be elected President.

Schwarzman is infamous for ranting that President Obama’s proposals to end the “carried interest” tax scam that allows private equity billionaires like Schwarzman to pay lower income tax rates than their secretaries was “like when Hitler invaded Poland.”

Actually, Schwartzman may be right about Bernie and the stock market crash. The billionaires who control the market, don’t want an honest President, who cares about the middle class.

Schwarzman and Pete Peterson co-founded the private equity firm, Blackstone. Peterson leads the effort to destroy the safety net in America.

His greatest dream is to privatize Social Security so that Wall Street could increase its revenues by tens of billions of dollars.

President Bush II, a Republican wholly owned by the .1%, vainly attempted to sell the lie that private investment is safer than federal government investment. Pete Peterson is the notorious, extreme right-wing billionaire, former Chairman and CEO of Lehman Brothers, and the founder of The Peter G. Peterson Foundation, which he established in 2008 with a $1 billion endowment.

The group focuses on “raising public awareness about U.S. fiscal-sustainability issues related to federal deficits, entitlement programs, and tax policies.”

In short, he spreads the Big Lie that federal deficits are “unsustainable,” providing a phony basis for cutting Social Security, cutting Medicare, cutting Medicaid, cutting all aids to the poor and middle classes, and especially cutting taxes on the rich.

Despite the obvious problems with that notion (i.e. recessions, depressions and Wall Street criminality), the Republicans have not given up on the idea.

The Wall Street plutocrats, with good reason, fear Bernie – not Hillary. Indeed, it is remarkable how vigorous and open Wall Street has been in signaling through the financial media that it has no problem with Hillary’s Wall Street plan.

CNN, CNBC, and the Fiscal Times, under titles such as: “Here’s Why Wall Street Has Little to Fear from Hillary Clinton,” pushed this meme.

Bill and Hillary love the many millions they have been awarded by the Wall Street crooks. Oh, how the billionaires enjoy hearing the Clintons’ speeches, again and again — those dulcet tones and well-worn platitudes.

Now that’s entertainment!

Michael Bloomberg was the second Wall Street billionaire to pile on to Bernie this week. Bloomberg leaked to dozens of media outlets that he was again considering a run for the presidency. The same leaks explained that Bloomberg’s fear of Bernie was the key.

Bloomberg is infamous for organizing the mass arrests designed to crush the Occupy Wall Street movement. He is Wall Street and he openly represented Wall Street as Mayor of New York City.

How dare these young marchers criticize Bloomberg’s crooked banker friends, just for stealing a measly few hundred billion dollars from the middle class and the poor.

Mayor Bloomberg was outraged that Wall Street banksters were blamed for their roles in leading the world’s largest criminal enterprises.

Bloomberg invented a fictional alternate history in which the banksters were the victims of Congress, which purportedly forced them to make millions of bad and fraudulent loans – and then to sell the fraudulently originated loans to the secondary market through fraudulent representations and warranties.

Bernie scares all of these groups.

If there are two things that infuriate the billionaires and the banksters they are:
1. Honesty
2. A desire to narrow the obscene Gap between the rich and the rest.

President Obama and his protege, Hillary Clinton suffer from neither of these two “afflictions.”

Obama, the architect of “fiscal cliff” austerity, wanted to negotiate a “Grand Bargain” with the Republicans, in which cutting Social Security benefits was a centerpiece, thereby stabbing in the back, the people who voted for him.

Why do the Wall Street billionaires hate Bernie?

The 1% are exceptionally hostile to Social Security and anything that protects the weak from predation by the wealthy. They are also stunningly unconcerned about problems such as global climate change while they are paranoid about debt, deficits, and inflation even during the depths of the Great Recession.

The domination of the plutocrats of our economy and the shards of our democracy has led to decades of terrible policies designed to ensure that financial regulation will fail. These policies have crushed the middle class and abused the poor.

Read Tom Frank’s blockbuster new book about the shameful history of the “New Democrats’” alliance with these plutocrats.

Reading simply the passages explaining Bill Clinton’s shameful effort, in a cynical deal with New Gingrich, to begin to privatize Social Security in order to transfer tens of billions of additional dollars from the American people to Wall Street and put all our retirements at risk is worth the price of the book.

You don’t have to watch the polls to know how well Bernie is doing.

Just listen to the intensity of the billionaires’ bleating about Bernie.

“New Democrats” are Obama Democrats in league with Republicans, and together in league with the criminal billionaires, all of whom wish to line their own pockets at your expense.

The fact that the rich and their bribed politicians despise Bernie Sanders is 100% absolute proof he should be our next President.

Rodger Malcolm Mitchell
Monetary Sovereignty

===================================================================================
Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded 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. 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 Click here
8. Tax the very rich (.1%) more, with higher, progressive tax rates on all 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)

The Ten Steps will grow the economy, and narrow the income/wealth/power Gap between the rich and you.
——————————————————————————————————————————————

THE RECESSION CLOCK

Recessions begin an average of 2 years after the blue line first dips below zero. There was a dip below zero in 2015. Recessions are cured by a rising red line.

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.

MONETARY SOVEREIGNTY

ARE YOU A LOGICAL PERSON? Monday, Jan 25 2016 

LOOK FOR US ON GOFUNDME.COM: RODGER MALCOLM MITCHELL

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

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.

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ARE YOU A LOGICAL PERSON?

Do you believe people paid taxes with dollars before the first dollar was created?

Do you believe the government that originally created all dollars from nothing, now needs to ask you for dollars?

Do you doubt the vast majority of scientists about global warming, and instead believe politicians?

Do you believe Donald Trump can build a wall between Mexico and the United States, and make Mexico pay for it?

Do you accept passages from the bible more than the evidence-based findings of scientists?

Do you believe that allowing millions of strangers to carry loaded guns will make you safer?

Do you believe your debts are sustainable while the federal government’s debts are unsustainable?

Do you believe that the same person who hates blacks, browns, yellows, and immigrants, is concerned about a 1-inch fetus?

Do you believe the government should spend more on armaments to protect us, but less on Social Security and Medicare — to protect us?

Do you believe Ted Cruz didn’t know he has health care insurance?

Do you believe the rich work harder than the poor?

Do you believe the federal government needs to borrow the dollars it originally created?

Do you believe that outlawing alcohol and drugs will reduce the use of alcohol and drugs?

Do you believe that for-profit insurance companies paying doctors and hospitals provide better health care than the non-profit government paying doctors and hospitals?

Do you believe that “freedom of religion” means America should be a Christian nation?

Do you believe that “freedom of religion” means the owner of a company can force his employees to obey his religious beliefs?

Do you believe that “freedom of religion” means not needing to obey secular laws?

Do you believe that money is free speech and that the rich should be allowed more free speech than the poor?

Do you believe the federal government can run short of dollars?

Do you believe that rich people themselves — rather than the businesses mostly created by middle- and lower-income people — are the real jobs creators?

Do you believe rich people don’t receive special tax breaks not available to the non-rich?

Do you believe that less federal spending on Social Security, Medicare, Medicaid, education aids and poverty aids will grow our economy, today and in the future?

Do you believe that widening the gap, between the rich and the rest, benefits America?

Do you believe that citizens should not expect help from their government, but instead, everyone should be self-sufficient?

Do you believe that saving federal government money today is more important than saving the environment for tomorrow?

Do you believe that preventing an adverse event that never has happened in U.S. history (hyperinflation) is more important than preventing an adverse event that happens, on average, every five years (recession and depression).

Rodger Malcolm Mitchell
Monetary Sovereignty

===================================================================================
Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded 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. 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 Click here
8. Tax the very rich (.1%) more, with higher, progressive tax rates on all 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)

The Ten Steps will grow the economy, and narrow the income/wealth/power Gap between the rich and you.

THE RECESSION CLOCK

Recessions begin an average of 2 years after the blue line first dips below zero. There was a dip below zero in 2015. Recessions are cured by a rising red line.

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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