–Washington Times gun-nut headline Saturday, Aug 29 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.
•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run out of money.
•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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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

The Washington Times, being right-wing, feels obligated to make increasingly foolish arguments for arming every man, woman and child in America.

Here is the latest such:

White House concedes new gun laws wouldn’t have stopped Va. gunman

What are we supposed to make of that headline? The White House “conceded” something that is quite true. Any current or proposed gun laws can’t stop an armed, angry fool from shooting people.

The Times headline implies that the White House first argued differently, then “conceded” the obvious. Ah, what a “concession” that was.

What next? How about, “White House concedes National Rifle Association (NRA)is paid by gun manufacturers to convince people to buy guns.”

White House press secretary Josh Earnest said it appears that a proposal championed by President Obama to require background checks on purchases at gun shows “would not have applied in this particular case.”

Law enforcement officials said gunman Vester Flanagan used a Glock handgun in Wednesday’s shooting, one of two that he bought last month. He legally bought two Glock model 19 handguns from a Virginia dealer.

Now, that headline might have read:

“White House concedes that arming everyone would not have prevented Flanagan from killing two innocent people.”
or
“White House concedes that if Flanagan could not obtain a gun he probably would not have killed.”
or
“White House concedes that guns really do kill people, and if you own a gun you have a higher probability of being killed by a gun than if you don’t own a gun.”

But, of course, the first two are obvious, and the third is statistical fact, and all three imply our gun laws are stupid at best and suicidal in effect — and that is something a right-winger has been brainwashed (by the gun manufacturers) to resist.

Gun-nuts are taken with mindless slogans, for instance the NRA’s Wayne LaPierre”s famous: “The only thing that stops a bad guy with a gun, is a good guy with a gun.”

Clearly that slogan isn’t true, because it wouldn’t have helped in the above-mentioned case or in thousands of other shootings in America. So I would like to propose a much truer slogan:

“The only thing that stops a bad guy with a gun is the same bad guy without a gun.”

Now there is a true slogan.

Yes, some might be amazed to learn that, in fact, guns actually do kill people, and the more people who have guns the more people who are killed by guns.

Surely, the White House would “concede” those statements.

(To reduce the carnage, we should pass two simple laws:

A. Any person who commits a felony while carrying a gun, shall be sentenced to a prison term of 20 years to life, in addition to the term for the felony itself.

B. Any provider of a gun that is used in a felony shall have the same criminal and civil liability as the actual perpetrator of the felony.

Those should help until someone comes up with a better idea.)

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
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 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
Monetary Sovereignty

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

–Why the markets went cra-a-a-azy Thursday, Aug 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.
•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run out of money.
•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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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

Sorry for the platitudes, but the markets really did drop like a a stone and rise like a rocket — and many people would like to know why.

Ask any stock broker, any economist or any financial media writer, what the market will do tomorrow (let alone next week or next year) and you will get answers. The problem is: All the answers will be different.

If these people knew, they wouldn’t be stock brokers, economists or financial media writers. They would be sailors — on their own yachts, moored near their own mansions on their private islands.

First, the economies of the world are quite complex — more than complex: Chaotic. Remember the bit about the butterfly flapping its wings in Brazil which causes a hurricane over Florida? That’s chaos theory.

Chaos is a mathematical expression of the fact that in some circumstances, small occurrences can have huge effects on seemingly unrelated events.

The stock market is a classic example of chaos, in that all sorts of events — profits, losses, murders, speeches, sales, weather, diseases, etc. or lack thereof can move, not just individual stockes, but the market as a whole.

Why should your favorite American stock go down because China fails to meet one analysts’s expectations about exports? Probably no simple, straight-line reason. But “A” causes “B,” which in turn causes “C” . . . and by the time you get all the way back to “Z” the effect has become magnified — or disappeared.

(Think of the “Telephone Game,” in which one person whispers a message to another person, who in turn whispers to a third person. And by the time you get to the 20th person, the message has changed in a completely unpredictable way.)

Chaos prevents us from deducing what effect a change in cause “A” will have on “Z.”

But it’s even worse than that.

The prices on the stock market are not based on cause and effect. They are based on predicted causes and their predicted effects. In essence, millions of people are saying, “I predict millions of different “A’s” will happen, and if all those different “A’s” happen, then I predict “B’s” will happen to the stock or the stock market as a whole.”

So, as if chaos were not bad enough, we are faced with chaotic predictions about chaos. (Will that butterfly flap its wings, and if so, how many times, how high, where and when?)

But, it’s even worse than that.

Most stock trading, which affects pricing, is not based on the myriad fundamentals of the world’s economies, but rather on computer-based logarithms, not in any way connected to reality (or the multiple realities in which we live.)

Those computers make millions of trades every second, and not one of those trades can be justified on any rational basis. A stop was hit. An arbitrary support was breached. A trade was executed 1/8th of a second after another trade, and not before.

And then the next computer “seeing” the previous trade, has arbitrarily been programmed to react in certain ways, except under certain sets of circumstances, in which case it will react in different ways — and so the little snowball rolls downhill, picking up a random assortment of stones, twigs, branches trees and other snowballs, then stops — or not.

Even rear vision is not 20/20. Ask those aforementioned stock brokers, economists and financial media writers why the market has moved the way it has, and you will receive explanations that are just as wrong as their predictions.

Consider the weather. It is a chaotic system.

We know the weather can’t be predicted accurately much past three days. We safely can predict that January weather in Chicago will be, on average, cooler than July weather in Chicago — except there actually have been some January days that were warmer than some July days.

But even explaining yesterday’s weather can be a chore. Ask the meteorologist why the high was 72F and the low was 60F and he/she will tell you about high and low pressures, jet streams, wind directions, clouds, solar flares, etc. Then ask him/her why those highs, lows, jet streams, etc. came into being, and he will be flummoxed.

None of the above is to say that all prediction is impossible. Back in 2005, is said in a speech, “Because of the Euro, no euro nation can control its own money supply. The Euro is the worst economic idea since the recession-era, Smoot-Hawley Tariff. The economies of European nations are doomed by the euro.”

I had no idea when or exactly how. And in fact, ten years later not one European nation has been “doomed,” though clearly the eurozone is in deep trouble, and Greece is teetering on the “doom” edge.

And at the bottom of this post you will see “Recession Clocks” which show you that reduced deficit spending leads to recessions and increased deficit spending cures recessions.

But exactly when will the next recession arrive? I don’t know. I suspect it will be around 2020, but that’s just a WAG (Wild Ass Guess), based on the history of a recession every ten years or so. It could come sooner, though probably not later.

Bill Clinton’s surplus caused a recession, and if Barack Obama achieves his surplus, I expect that to cause a recession, too.

I predict there then will be a fight about whether to stimulate the economy with deficit spending (Democrats) or by cutting taxes on the rich (Republicans).

I know the current reductions in deficit spending will lead to a recession, not only because they always have, but because cutting deficit spending reduces money growth, and money growth is part of Gross Domestic Product growth.

And, I knew the euro would be a disaster, because it forced countries to surrender the single most valuable asset they had: Their Monetary Sovereignty. You can’t give up such a valuable asset without suffering economic damage.

So don’t ask your favorite stock broker, economist, financial media writers or me what the market will do next week, next month or next year. We don’t know. The Fed doesn’t know. The politicians don’t know. Nobody knows, not even the TV meteorologist.

Don’t believe anyone who says they know.

Don’t even ask us why the markets went crazy this week. We don’t know that either, though we will be happy to give you many explanations.

You will be far smarter to buy:
1. Heavy clothing for Chicago’s winters.
2. Light clothing for Chicago’s summers.
3. ETF’s that charge low expenses, no commissions and cover the biggest and best growth companies, plus perhaps a bond ETF for a bit of diversity.

(SCHG has been very good to me.)

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
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 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
Monetary Sovereignty

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

–Lord, save us from our friends. The left’s plans for Social Security Wednesday, Aug 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.
•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run out of money.
•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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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

The Republicans

The Republicans endlessly wish to privatize Social Security, for one reason and one reason only.

No, it’s not because private investments yield more than Social Security does. That’s the excuse given. The problem with that excuse is it merely restates a simple fact: With greater reward comes greater risk.

If you invest in stocks, you most likely will come out ahead in the long run — the long, long run. Or you could lose. In January 2008, the S&P stock average was above $1,400. By April of 2009, just 16 months later, it had fallen below $800, a drop of 40%.

Is that the kind of risk you think is appropriate for a retirement fund?

Further, if the Republicans were to privatize Social Security, the massive flow of dollars — billions upon billions of dollars — would cause a stock bubble the likes of which we never have experienced, to be followed by a bubble burst of epic proportions.

The Republicans know all this. So why do they keep suggesting privatization? To reward their dear friends, the rich bankers and investment brokers. Imagine the commissions!

The brokers salivate at the thought, and when they finish salivating, they give big campaign contributions.

The Democrats

The Democrats also understand the fallacy of privatization, so they offer other plans, not as ridiculous as the Republicans’ plan, but bad nevertheless.

O’Malley’s plan to expand Social Security draws fire from a Wall Street front

Former Maryland Gov. Martin O’Malley, one of the more overlooked candidates for the Democratic presidential nomination, emerged Friday with an encouraging endorsement of expanding Social Security to make it even more relevant to the lives of working Americans than it is today.

“The economic pressures on millions of families — from stagnant wages and high housing costs, to a lack of affordable childcare and skyrocketing college tuition — have resulted in meager, if any, retirement savings for tomorrow’s retirees.”

He’s right about that, and right that Social Security is the one pillar of retirement security that has remained strong, while employer pensions and retirees’ personal nest eggs wither.

He calls for expanding benefits and requiring wealthier Americans to shoulder their fair share of the program’s cost.

Expanding benefits is good, even necessary if SS is to have much meaning. But no one, neither the rich, nor the poor, nor the benefit recipients, needs to “shoulder any share of SS costs.

People can run short of dollars. The federal government cannot. It is Monetarily Sovereign. It creates its sovereign currency, the dollar, at will.

So why ask people to shoulder the burden, when paying for SS would be no burden at all for the federal government?

O’Malley joins Sen. Bernie Sanders (I-Vt.), and Sen. Elizabeth Warren (D-Mass.), who also are pushing to expand the program.

O’Malley’s move may increase pressure on Hillary Rodham Clinton to endorse Social Security expansion. She’s been silent on the issue.

O’Malley would impose the payroll tax on all earned income over $250,000. Because the higher figure wouldn’t be indexed to inflation, that window would narrow over time.

Sanders would impose the tax on all income, including unearned income such as capital gains, over $250,000.

Aside from guaranteeing massive pushback from those who would have to pay the new tax (i.e. those who are the big contributors to politicians), these plans are based on, and would fortify, the myth that taxes are needed to pay for Social Security.

Rather than simply telling the truth, that the federal government can spend whatever it wishes to spend, on anything it wishes to buy, the Democrats follow the same fact- twisted notion as the Republicans.

Both parties agree that SS payments are too low, and both pretend that the problem is a lack of income. The only difference is that the Republicans want stock market investors to pay for that income, and the Democrats want the people to pay it.

In short, the people pay everything and the government, which can afford anything, pays nothing. That’s every politicians’ plan.

Remember, neither the people at large, nor the people who invest in stocks, actually create any dollars.

Rising stock prices don’t create dollars. In its essence, the stock market is a gigantic Ponzi scheme, in which the same dollars simply move from hand to hand. The same is true of FICA, which also creates no dollars, but rather takes dollars from one hand, while giving dollars to another hand.

The only time dollars are created is via federal deficit spending, in which the government creates more dollars than are destroyed via taxing.

More than half of all married couples in retirement and about three-quarters of singles get 50% of their income or more from Social Security. For a fifth of married seniors and half of the unmarried, the program accounts for 90% of income.

It is sad for our wealthy nation, when half to three-quarters of retired people must credit 50% of their survival to the pittance provided by SS.

O’Malley explicitly states that he wants to give minimum-wage and lower-income workers an especially enhanced benefit and raise the special minimum Social Security benefit to 125% of the federal poverty level.

That benefit, which applies to workers with long histories of very low wages, is currently $804 a month, which is about 82% of the poverty level; O’Malley would raise it to about $1,226 a month.

Ten years ago, we recommended eliminating FICA and exactly six years ago, we published Ten Reasons to Eliminate FICA

The 10 Reasons remain relevant today, but there is an eleventh reason: The existence of FICA lends false credibility to the Big Lie — the lie that federal spending requires funding from federal taxes.

It is the Big Lie that punishes the poor and widens the Gap between the rich and the rest.

At long last, will the Democrats please stop supporting the Big Lie?

Lord, save us from our friends.

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
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 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
Monetary Sovereignty

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

–A possible cure for Trumpitis Tuesday, Aug 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.
•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run out of money.
•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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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

TRUMPITIS

Definitions
1. The irrational acceptance of bombastic statements that clearly are supported neither by fact nor by logic.
2. A disease suffered by extreme, right-wing Republicans of minimal intellect, marked by hatred of minorities.
3. The belief that being rich and egocentric means one also is smart, competent or caring.
4. The belief that cheating on one’s wife, raping and beating her, calling women “pigs” and “bimbos” and other foul names, quoting false statistics and whining when asked questions about these actions, provide evidence of sanity, reliability and leadership skills.

Usages: 1. Those believing it is reasonable, possible or moral to deport 11 million immigrants have Trumpitis.
2. My Trumpitis doesn’t allow me to accept the 14th Amendment to the U.S. Constitution.
3. Despite evidence to the contrary, my Trumpitis forces me to continue insisting President Obama was not born in America.
4. As a result of Trumpitis, I believe that having four businesses go bankrupt under my leadership proves my competence.

……………………………………………………………………………………………………………………………………………………..

Trumpitis seems to be common in certain parts of America. Though some believe it very well might self-eradicate, others believe a cure is needed immediately, lest it spread to epidemic proportions, as it did in pre-World War II Germany and Italy.

Since facts and logic do not seem to be curative, here is a third alternative:

Rethinking which cells are the conductors of learning and memory

Glia are thought of as the support staff for the brain’s nerve cells, or neurons, which transmit and receive the brain’s electrical and chemical signals.

Named for the Greek term for “glue,” glia have been known as the cells that hold the brain’s bits together.

Some glial cells help feed neurons. Other glia insulate nerve cell branches with myelin. Still others attack brain invaders responsible for infection or injury. Glial cells perform many of the brain’s most important maintenance jobs.

But recent studies suggest they do a lot more. Glia can shape the conversation between neurons, speeding or slowing the electrical signals and strengthening neuron-to-neuron connections.

When scientists coaxed human glia to grow in the brains of baby mice, the mice grew up to be supersmart, navigating tabletops full of holes and mastering other tasks much faster than normal mice.

Based on differences in mouse and human astrocytes, Maiken Nedergaard, now at the University of Rochester Medical Center in New York and colleagues wondered if inserting human glia into mice would change the way mouse brains worked.

It did.

Human glial progenitor cells placed in mouse brains multiplied and then matured into astrocytes. Over several months, newly developing human astrocytes started to replace the mice astrocytes.

The mice with human cells also exhibited greater levels of long-lasting enhancement in neuron-to-neuron communication, suggesting that the human astrocytes were strengthening neuronal connections and communication.

When tested on a battery of learning and memory tasks, such as identifying the safe hole on a circular table, the mice with human glial cells quickly outperformed their mouse-brained counterparts.

Thus, early test results indicate that transplanting glial cells, from a more intelligent animal to a less intelligent animal, helps increase the intelligence of the less intelligent animal.

Therefore, as a possible cure for Trumpitis, I suggest transplanting mouse glial cells into the brains of those infected with this dread mental disease.

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
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 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
Monetary Sovereignty

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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