–If you’re poor, the government knows what’s best for you. Tuesday, Aug 19 2014 

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

Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor,
which ultimately leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive,
and the motive is the gap.
===================================================================================

Poor people who receive aid from the government are stupid and don’t know what’s good for them — at least not as well as the government does. Right?

Food Stamps’ $80 Billion Mystery
AUG 19, 2014, By James Greiff

Imagine a government program that has exploded in size, is the subject of bitter partisan haggling and spends almost $80 billion a year in secret. The program in question is food stamps, the Supplemental Nutrition Assistance Program (SNAP), which now are used by one in six Americans.

The U.S. Department of Agriculture opposed telling the public which businesses get all that money. Taxpayers deserve to know how their money is spent, although fraud is estimated by the Government Accountability Office at about 1 percent.

Ooooh, 1 percent fraud. And what exactly is that “huge” fraud?

. . . an investigation into claims that beneficiaries received cash from retailers instead of food.

Oh, no! Poor people receiving cash? How awful! (Actually, I’m not sure why it’s awful, but it surely must be.)

While it is good governing for the public to know how the government spends, it isn’t taxpayer money the government is spending. The government creates dollars, ad hoc, by spending. No tax dollars involved. Not one SNAP dollar comes out of your or my pocket.

What might the food-stamp information tell us? At a minimum, we would get confirmation that they make up a large part of the sales of some of the country’s biggest retailers, such as Wal-Mart Stores Inc.

Not really vital public information, is it? Are other businesses required to disclose who their customers are or even the categories of their customers?

But wait, we now arrive at the most important part — the nanny-state implications:

If the data were public, watchdogs and the news media could ferret out retailers that do an inordinate amount of food-stamp business, perhaps because they permit misuse of the benefits.

A number of food activists think the Agriculture Department should go further and disclose what products are purchased. Food stamps can be used to buy almost anything, with the exception of tobacco and alcohol and a short list of nonfood goods such as pet food, soap, household supplies and some prepared foods.

Really? The government doesn’t allow poor people to buy soap with SNAP benefits? Well, thank goodness for that!

That leaves the entire universe of junk food, which is responsible in large measure for the U.S. obesity epidemic. Obtaining product information might help public-health officials persuade lawmakers to adopt reasonable prohibitions on food-stamp use.

“Reasonable” prohibitions? Is that like, “You’re poor, so no Coca Cola or potato chips for you. Those kinds of foods are just for people who have earned them”?

The (SNAP) cards could be programmed to help the USDA glean valuable data on what recipients are buying. With that, the government could develop a “do-not-sell” list that retailers could incorporate into the product codes that are scanned at the point of sale.

See, it’s like this: If we, the government, simply banned all the foods we, in our infinite wisdom, felt were bad to eat or drink, there would be riots in the street. But we can do it to you poor people, because . . . well because you have no clout. Your political contributions are next to nothing, which means you are next to nothing.

It might steal some of the rhetorical heat from those who think too many people on food stamps are living high on the taxpayer’s dime.

Oh right, those people with SNAP cards really are living in mansions and driving Mercedes. Out of the 50 million people using SNAP, there must be at least a hundred rich ones.

Bottom line, this is just the tip of the contempt iceberg, in which the poor are viewed with disgust, and every negative label is attached to them: Stupid, lazy, dirty, sneaky, criminal, immature, dangerous — so that they must be controlled on a short leash, as this comment on the article indicates:

People are more willing to help if they feel the person truly needs help. When they are buying lobsters and you’re buying chicken…well, it doesn’t make you feel sorry for them, does it?

When the aid is supposed to only last 3 years, but the government stops enforcing that, well, it makes me care less. When immigrants teach other immigrants how to game the asset rules, you know its become a profession and not a temporary means of helping someone up.

Oh, the hatred. This is the new America, where it’s now cool to find a good excuse for not helping the poor, and what better excuse is there than, “They don’t deserve help.”

In reality, most of the poor are poor because of some failure by the government. For instance, here is a verbatum comment about the article:

“As a dfcs employee i see both sides of the issue, but what troubles me more is the fact that the workers like myself who work for the state and have college degrees are being paid so little that the majority of coworkers receive food stamps!…the system is f-ed up!!!”

These are the working poor, you know, those “lazy” people, many of whom work much harder than the lucky plutocrats. Apparently, these lazy poor are too stupid to know what to eat.

If the government were to institute the “10 Steps to Prosperity” (below), we’d have far fewer poor and far fewer excuses needed for not helping them.

Meanwhile, we all can take comfort in knowing that the government is telling the poor what they can and cannot eat, and even whether they are allowed to bathe.

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)

10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

—–

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.
Two key equations in economics:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

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

–The vast difference between the real Effect and the supposed Purpose of federal taxation Tuesday, Aug 19 2014 

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

Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor,
which ultimately leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive, and the motive is the gap.
===================================================================================

Today, Philip Pilkington, one of the chosen few who understands Monetary Sovereignty, published a marvelous article, Taxation, Government Spending, the National Debt and MMT that appeared in the Naked Capitalism blog.

I’ll give you a few excerpts, but I urge you to click the link and read the article in its entirety.

. . . .an absolutely fascinating piece of writing called ‘Taxes For Revenue Are Obsolete,’ was written in 1945 by Beardsley Ruml, the director of the New York Federal Reserve Bank from 1937-1947. He also worked on issues of taxation at the Treasury during the war.

The article lays out the case that taxation should not be focused on revenue generation. Rather, Ruml argues, it should be thought of as serving other purposes entirely. He writes:

The necessity for a government to tax in order to maintain both its independence and its solvency, is true for state and local governments, but it is not true for a national government.

Two changes of the greatest consequence have occurred in the last twenty-five years, which has substantially altered the position of the national state with respect to the financing of its current requirements.

The first of these changes is the gaining of vast new experience in the management of central banks.

The second change is the elimiantion, for domestic purposes, of the convertibility of the currency into gold.

Ruml is making the same case that the Modern Monetary Theorists (MMTers) make: a country that issues its own sovereign currency and is unconstrained by a gold standard does not require tax revenue in order to fund spending.

This is because the central bank always stands by ready and able to buy any sovereign debt issued that might lead to the interest rate rising. Indeed, it does this automatically in the way that it conducts its interest rate policy. Ruml then outlines what taxation is really for in such a country.

What Taxes Are Really For
Federal taxes can be made to serve four principal purposes of a social and economic character:
1. As an instrument of fiscal policy to help stabilize the purchasing power of the dollar;
2. To express public policy in the distribution of wealth and income, as in the case of the progressive income and estate taxes;
3. To express public policy in subsidizing or penalizing various industries and economic groups;
4. To isolate and assess directly the costs of certain national benefits, such as highways and social security.

‘ ‘ ‘ taxing is never to be undertaken merely because the govenrment needs to make money payments. . . Taxation should be imposed only when it is desirable that the taxpayers shall have less money to spend, for example, when they would otherwise spend enough to bring about inflation.

The above is the essence, which you who understand Monetary Sovereignty, will find quite familiar. But again, I urge you to to read the article, which has additional informative commentary.

That said, I have one bone to pick with Mr. Ruml and Mr. Pilkington, and it’s a rather large bone. Both gentlemen discuss theoretical, academic effects of taxation, but both ignore the real, political purpose of today’s tax structure, which is: To provide the underpinnings for widening the Gap between the rich and the rest.

Consider Ruml’s point #2: (“To express public policy in the distribution of wealth and income, as in the case of the progressive income and estate taxes”) implies that taxes serve to narrow the Gap, while in fact, the opposite is true — for two reasons:

1. Middle-class salaried people pay FICA, high tax rates on salaries, plus many and various sales taxes and other state taxes, all adding up to an enormous percentage of their income — often approaching 50% when everything is considered.

By contrast, for the wealthy, FICA is collected only on a minuscule part of their income, taxes on capital gains and interest (from which the wealthy receive a majority of their income) are at low rates, and various “loopholes” are available only to the wealthy.

By clever manipulation, it can be realistic for an ultra rich to pay virtually no taxes at all, or very close to it.

2. Collecting taxes fools an uniformed public into believing federal government finances are like personal finances, thereby justifying austerity. Because austerity punishes the lower 99.9% far more than it punishes the upper .1%, austerity widens the Gap between the rich and the rest — and it is the Gap, more than absolute dollars — that the rich treasure most.

Thus, though Ruml and Pilkingon understand the mechanics of Monetary Sovereignty, they seem to believe our government leaders are ignorant of these facts. That is naive.

It is naive to believe that every President, the entire Council of Economic Advisers (composed of scores of professional economists), all 535 members of Congress, all media writers and the hundreds of university economists all are ignorant of the simple fact that federal financing is not like personal financing.

Why then did Rep. Boehner say, “Let’s be honest. We’re broke”? And why did President Obama say, “(My) budget asks Washington to live within its means . . . That’s what families do in hard times. And that’s what our country has to do, too”?

Why do all the media writers and most university economists proclaim that the federal deficit and debt are “unsustainable”?

They are paid by the upper .1% to widen the Gap.

The politicians are bribed by campaign contributions and promises of lucrative employment later. The media are paid by ownership. The universities are bribed by contributions to their various funds. Almost no one is willing to incur the wrath of the upper .1%, and lose precious dollars and jobs, by revealing that federal deficits are necessary, easily supportable, and can be non-inflationary.

No, it isn’t ignorance by our leaders that leads us to austerity, i.e increased taxation and reduced spending. It is greed by the upper .1% and by those whom they bribe, which leads inexorably to a the widening of the Gap.

It’s the Big Lie, and until we understand this, all the “education” in the world will not change things.

We must confront, challenge and accuse. We must throw into their faces, the word “bribery,” until the public grows angry enough to demand change. Nothing good will happen until then.

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)


10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

—–

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.
Two key equations in economics:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

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

–The world is dying despite the single, most powerful invention of human ingenuity Monday, Aug 18 2014 

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

Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor,
which ultimately leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive,
and the motive is the gap.

Levels of CO2 have been rising, the polar bears are suffering, the forests are disappearing and farms are dying from drought, as we humans continue to foul our own nest.

What is the commonality among rising CO2, disappearing forests, suffering bears and dying farms? Money.

CO2 is rising because not enough money has been invested in green energy. The resultant global warming impacts polar bears and thousands of other species. Forests are disappearing because not enough money has been invested in sustainable forestry.

And our farms are dying from drought — for lack of money.

Washington Post
Drier than the Dust Bowl: waiting for relief in rural America
As wide swaths of rural America suffer through historic drought, they’re being left further behind.
By Lydia DePillis July 21

LAS ANIMAS, Colo. — As rural America wilts, this is how those left working its powder-dry land get by: At the appointed hour, Chuck Pointon turns the head gate at the Fort Lyon Canal, sending water sluicing through ditches bordering the fields. He tracks up and down the rows, adjusting pipes and valves to make sure the water is flowing just right. Almost as soon as he’s got it working, it’s another field’s turn, and he lifts the dams to send water in a different direction.

And in an age of automation, the Pointons have no machines to help. Without a sprinkler system — which the Pointons couldn’t afford to install, even if they could spare the extra land it takes up — they rely on gravity to spread it across the fields.

There’s been so little moisture lately, though, that gravity isn’t doing its job. The water doesn’t make it from the furrow to the seed bed.

This drought is worse and longer-lasting than anyone here has ever seen — so punishing that it’s pushing people like the Pointons, whose families have survived on the land for decades, to the brink of giving up. Less rain fell in the 42 months before May of last year than in the stretch in the mid-1930s now called the Dust Bowl.

The lingering dryness, combined with the loss of access to the irrigation systems that used to make up for it, is one of the biggest forces dragging America’s rural areas further behind its dynamic cities: While the poverty rate stabilized for metropolitan areas in 2012, it kept growing on farms and in tiny towns, ticking up to 17.7 percent.

Rural counties lost people overall — rather than just as a percentage of the U.S. population — for the first time ever from 2010 to 2012. With climate change shortening the wet times and prolonging the dry ones on into the future, it’s unclear that they’ll ever truly recover.

This year, the farm has weathered dust storms the likes of which nobody had seen before: high-velocity clouds of dirt and debris that coated everything in muck. “The dirt flows in, and it’s on your walls, and in your car. You can’t do anything. You’re in the house,” Anita shudders. “It’s horrible.”

Even the small grove of planted juniper, elm and ash trees that once broke the wind around the Watsons’ house has largely died off, felled by the insects and diseases that proliferate when water disappears.

Is there a solution for people like the Pointons? Here’s one:

Desalination Is Back on the Table for Santa Barbara Water Supply

Santa Barbara, Calif. is taking measures to keep clean water available, even if it costs upwards of $30 million.

In 1991, Santa Barbara began construction on a local desalination plant as a result of a severe drought that ended soon thereafter. It was intended to clean seawater and turn it into usable, virtually unlimited water for locals and farmers, but the project was halted once the rain started to fall. Now, in the wake of the current stage three drought emergency, the desalination plant is back underway as a last resort response.

Santa Barbara officials said, “Due to the substantial cost of facility reactivation, a final decision will be delayed as long as reasonably possible.

Desalination expert Peter MacLaggan, the senior VP of Poseidon Water (said): “This is probably typical of what a large desal plant would require — about a billion dollars, and about 10 years if not longer.”

So while desalination might be the theoretical answer to the drought, when it comes to execution, the legislators don’t seem driven to get the project started until there’s no other option.

What holds back desalination? Lack of money.

Here’s another solution:

Drip irrigation may help achieve water conservation by reducing evaporation and deep drainage when compared to other types of irrigation such as flood or overhead sprinklers since water can be more precisely applied to the plant roots.

Pulsed irrigation is sometimes used to decrease the amount of water delivered to the plant at any one time, thus reducing runoff or deep percolation. Pulsed systems are typically expensive and require extensive maintenance. Therefore, the latest efforts by emitter manufacturers are focused toward developing new technologies that deliver irrigation water at ultra-low flow rates.

But drip irrigation requires: Money. Here’s yet another solution:

How to Grow Food in the Middle of a Desert Using Seawater

The Sahara Forest Project wants to prove we can green the desert, turning barren land into oases of cucumbers and melons. And the water? It’ll come from the sea.

The unusual idea is made possible by greenhouses, but not greenhouses as you know them. Instead of trapping heat, the Sahara Forest Project’s greenhouses are cool and moist. Here’s how Science described the pilot facility in the Qatar last year:

At one end, salt water is trickled over a gridlike curtain so that the prevailing wind blows the resulting cool, moist air over the plants inside.

This cooling effect allowed the Qatar facility to grow three crops per year, even in the scorching summer. At the other end of the greenhouse is a network of pipes with cold seawater running through them. Some of the moisture in the air condenses on the pipes and is collected, providing a source of fresh water.

Solar panels generate electricity for the pump systems, and excess electricity can go toward desalination of additional seawater.

Of course, this requires money.

There are other potential sources of water:

The parched planet: Water on tap
Researchers are exploring unconventional sources of fresh water to quench the globe’s growing thirst.

Some (nations) are experimenting with recycling waste water for agriculture and other uses.

Last winter, almost no rain fell in Israel. In the past, such a drought would have caused severe problems. But thanks to the seawater desalination plants that Israel has built over the past decade, the country’s taps did not run dry.

Waterworks known as qanats, invented by Persian engineers more than 2,000 years ago, are tunnels that carry groundwater from high elevations down to dry valleys and plains; some ancient systems are still in use in Iran and parts of the Arabian Peninsula.

Fog collection is catching on in seasonally dry regions that lack other sources of fresh water. The first simple mesh panels were built in the 1960s in northern Chile. Today, 35 countries are using the technique, particularly along the Pacific coast of South and Central America, in the Atlas Mountains in Morocco and on the high plateaux of Eritrea and Nepal.

All these efforts, and many others, require the most easily obtained asset imaginable: Money. The U.S. government creates this asset at the touch of a computer key.

If Monetarily Sovereign governments had the will, they would create the money that would pay to reduce CO2 emissions, slow or reverse global warming, revitalize the forests, save the polar bears and other species, green the Pointon farm and save the world.

Instead, the world is dying under our feet and on our watch. The solution to so many problems is money . . .

. . . and acknowledging Monetary Sovereignty, the single, most powerful invention of human ingenuity.

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)


10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

—–

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.
Two key equations in economics:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

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

–It’s hard to remember when one wishes to forget Saturday, Aug 16 2014 

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

Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor,
which ultimately leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive,
and the motive is the gap.

There are two sides to every argument, and this post will present the one side that seems to be absent from the street protests in Europe and America.

The other side is free to argue its logical and factual points, and we’ll print them, but please, no swearing or insults:

Forget that Hamas aims its rockets at civilian areas.

Forget that Hamas intentionally places its citizens in harms way, by storing armaments in schools and hospitals, and encouraging people to remain in targeted areas.

Forget that Hamas also fires rockets from civilian areas in an attempt to encourage return fire that will kill citizens.

Forget that, contrary to popular wisdom, all of Gaza is not crowded with civilians, but rather that there are many acres of open areas from which rockets could be fired — but Hamas prefers to use their civilians as human shields, and even encourages their citizens to stay in dangerous areas.

Forget that Hamas fighters look exactly like Gazan civilians, there being no uniforms to differentiate them in street fighting.

Forget that Israel, alone among all nations, actually has tried to limit civilian casualties, and even warned civilians of coming raids. Who does that?

Forget that every war in world history has killed many, many civilians. Consider WWI, WWII, Korea, Vietnam, and all the civil wars in the middle east, all of which involved the deaths of innocents, yet Israel alone is criticized for wartime fatalities.

Forget that Palestinian suicide bombers intentionally murdered Israeli civilians, and only a wall was able to prevent more murders. Where were the street protests in Western nations?

Forget that the so-called “blockade” of Gaza applies only to weapons, and that Israel, in a humanitarian gesture, supplies Gaza with electricity, water and water pumps, gas, food, medicine, and all non-military items, much of which has not been paid for by Gaza.

Forget that “trading Gazan land for peace” did not bring Israel any more peace — in fact it brought less, a launching platform for rockets at Israel — and that not one nation on earth is willing to guarantee Israel that providing Palestinians with more Left Bank land would bring peace to Israel.

Forget that the misery in Gaza has been caused by Hamas, which used the millions of dollars worth of assets it has been given to build a war machine, not to help the people.

Forget those expensive tunnels made specifically to attack Israel, and to kidnap Israeli citizens, so to trade them for terrorists.

Forget that Hamas has been judged to be a terrorist organization, and fighting terrorists is every nation’s obligation.

Forget that Israel accepted a cease fire, which Hamas rejected and continued to fire rockets into Israel.

Forget that Israel repeatedly has been attacked by Arab and Muslim nations — populations that outnumber Israel 1000 to 1 — again and again and again.

Forget that Israel owns a minuscule sliver of land compared to the millions of acres owned by Arab nations, yet none of these nations has volunteered any of that land to the Palestinians.

Forget that it is impossible to negotiate with someone who denies your right to exist.

Forget that Hadassah hospital, the best hospital in the middle east, paid for by Jews, has many non-Jewish patients, nurses, doctors and other employees– including Arabs.

Forget that Jews historically have been discriminated against, tortured and murdered in Arab and Muslim countries.

Forget that Jews settled Palestine more than 3,000 years ago, and have more claim to that land than any other religion.

Forget that the borders of almost every nation on earth (including America) were determined in wars, yet there is no call for these nations to “return” any land.

Forget that as a result of the “Arab Spring,” hundreds of thousands of Arabs have been killed – by other Arabs — yet there are no protests in Western countries.

Forget that Hamas not only kills Jews, but also kills Christians, while Christians live in peace, in Israel.

Forget all those things, because after all Israel is judged on a different standard from any other nation on earth.

Why Israel is judged on a different standard from any other nation on earth?

Hmmm . . . Pretty obvious, isn’t it?

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)


10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

—–

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.
Two key equations in economics:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

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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