How intelligent is America? How intelligent are you? Here is one simple test Monday, Mar 1 2021 

Intelligence can be measured in many ways, depending on what is being tested, the nature of the test itself, the method of scoring, the testing experience of the tester, and the testing experience of those being tested.

That said, two reasonably good criteria for intelligence are:

  1. The ability and willingness to evaluate data, and
  2. The refusal to accept opinions from proven liars and charlatans.

Here is one small example of what one might consider to be a test of intelligence:

Percent who say they are unsure or will not take the COVID-19 vaccine
Survey of U.S. registered voters, Nov. 9, 2020, to Feb. 23, 2021

Reproduced from Civiqs; Chart: Axios Visuals

Now let’s view the extremes. First the bottom:

Do you plan to take a coronavirus vaccine if it becomes available?
Refined by: Party: Republican; Gender: Male; Age: 18-34; Race: White; Education: Non-College Graduate

The people least likely to take the vaccine are White, Republican males, age 18-34, who have not graduated college.


Then the top:

Do you plan to take a coronavirus vaccine if it becomes available?
Party: Refined by: Party: Democrat; Gender: Male; Age: 50-64; Race: White; Education: College Graduate

The people most likely to take the vaccine are White, Democrat males, age 50-64, who are college graduates.
—————————————————————————————————————————————————————–
The single biggest variable is Party, with only 2% of the Democrats saying they will not take the vaccine, while an astounding 64% of the Republicans saying they will refuse.
That comprises a massive number of Americans angling to receive Darwin Awards.
—————————————————————————————————————————————————————-

Unfortunately, those having low intelligence are not intelligent enough to understand that their opinions are based on low intelligence. So they follow others of low intelligence or others who will do them harm.

The clearest symptoms of low intelligence are acting indefensibly and defending the indefensible — for example, the people who encouraged, participated in, or defend the attempt to overturn the American elections by force, and/or who now speak longingly of secession from the United States.

Because truth and logic seldom penetrate the minds of the unintelligent (who usually prefer to believe and repeat rumors, conspiracy theories, and outright lies), the only hope is that these unintelligent people do not cause irreparable harm to the world.

Rodger Malcolm Mitchell

Monetary Sovereignty Twitter: @rodgermitchell Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics. Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

  1. Eliminate FICA
  2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone
  3. Social Security for all or a reverse income tax
  4. Free education (including post-grad) for everyone
  5. Salary for attending school
  6. Eliminate federal taxes on business
  7. Increase the standard income tax deduction, annually. 
  8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.
  9. Federal ownership of all banks
  10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

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

MONETARY SOVEREIGNTY

Another example of taxing the poor more than the rich, and why the cities struggle Saturday, Feb 27 2021 

The rich have tax shelters, tax deductions, tax loss carryforwards, tax avoidance schemes, secret off-shore bank accounts, tax-deferred trusts, and high-powered accountants to see that they pay only a tiny portion of their earnings in taxes.Rauner's 'toilet' attack on Pritzker is a real loo-loo - Chicago Tribune

(The governor of Illinois, who lives in Chicago, took the toilets out of an empty mansion he owns, to take advantage of a law that lowers taxes for buildings without toilets.)

The rich have businesses to provide “platinum” health care policies along with “diamond” retirement programs.

President Trump is an example of that “most-favored-person” scam.

As I recall, this self-proclaimed billionaire hasn’t paid taxes in a decade.

Have you thought about the fact that you paid more taxes last year alone than Donald Trump paid in the past ten years, total?

The poor, on the other hand, are saddled with regressive, unnecessary FICA, exorbitant sales taxes, and other government fees and taxes that are difficult if not impossible to avoid.

On average, the lower-income groups pay a higher percentage of their income in taxes and government fees than do the rich.

And even those “friends of the poor” Democrats continue to pile it on, as this article in today’s Chicago Tribune can attest:

City’s 6 mph speeding ticket rules start Monday, and they’re looking lucrative
By John Byrne Chicago Tribune

(Democrat) Mayor Lori Lightfoot’s new stricter speed camera rules start Monday and, if the early warnings are any indication, they’re looking expensive for Chicago drivers.

As the city prepares to start ticketing drivers in Chicago going as little as 6 miles per hour over the posted speed limit, warnings mailed to people caught exceeding the new threshold show the change promises to be hugely lucrative for the city and a significant burden for residents already struggling to pay fines.

In the first week of the grace period that started in January, 52,498 warning notices were sent out, according to the Finance Department. The notices were intended to get people used to the fact they’re going to receive $35 tickets for being caught by any of more than 100 speed cameras around the city going from 6 to 9 mph too fast, according to the Finance Department.

Over a full year, such numbers would work out to over 2.7 million $35 tickets, with total revenue to the city of $95.5 million.

Under existing rules, cars caught by a camera going 10 mph over the limit get a $35 ticket, while those traveling 11 miles per hour and up above the posted speed get tagged for a $100 fine.

Now guess who will pay those fines. Will it be the wealthy suburbanites who ride to work downtown on comfortable, air-conditioned trains, or the poor slob who drives to work in the city, while hoping not to get carjacked on Chicago’s mean streets?

And with the available warning data pointing to more than 2.7 million tickets being issued annually under the new rules, the goal supposedly is not to cite drivers, but to promote safer driving.”

In order to avoid a speeding violation, drivers simply have to observe the speed limit.

Yes, it’s so simple to avoid going 6 miles per hour above the speed limit, that is, unless you drive in the real world, or on the Kennedy Expressway or Chicago’s Lake Shore Drive during the day or night, when the average speed is about 20 miles above the limit. Would you like to be a taxi driver who’s trying to get his impatient passenger to the airport on time?

Yes, you can drive the speed limit and get honked, fingered, rear-ended, or shot.

An now here’s the real knee-slapper:

With the new speed rules set to kick off Monday, the Lightfoot administration this week characterized the move as part of its larger “Vision Zero” plan to reduce car crashes.

“With the impacts of COVID-19, Chicago and many other cities experienced reduced traffic volumes that were accompanied by a surge in speeding and traffic deaths.

According to provisional data, 139 people died in traffic crashes in Chicago in 2020,” a news release read in part.

For perspective, compare that 139 figure to Chicago’s population of 2,700,000 and to the 725 people who died, and the nearly 4,000 who were injured, by gun violence in Chicago in the same year.

And sure, the purpose of those fines is to “promote traffic safety.” Believe that, and I’ll sell you one of the bridges over the Chicago River.

The real problem is, the monetarily non-sovereign cities, counties, and states don’t have enough money.

They can try to soak the rich with property taxes and wealth taxes, but the rich simply will move out and build their property where the taxes are lower.

That begins a cycle of exit, then urban decay, then more exit, especially in the cold-weather cities that don’t have as many tourists bringing in money, as do the southern areas. And ultimately, the poor get hammered.

So what is a mayor to do?

The answer, the only answer, is for the Monetarily Sovereign federal government to subsidize the big cities.

Too many politicians wrongly claim those big-city financial problems are due solely to mismanagement. Yes, there is plenty of waste in big-city government, as there is in all large enterprises.

But waste is not the real culprit. The real problem is the inevitable result of monetary non-sovereignty, which means that:

  1. The main source of money is taxes, fees, and fines
  2. The need for which goes up every year
  3. And mostly are paid by the lower-income groups

It’s a built-in, structural problem, that only can be solved via money coming from the Monetarily Sovereign federal government.

Unfortunately, Illinois, Chicago’s state, runs a $15 billion negative balance of payments with the federal government, so even the monetarily non-sovereign state can’t do much to help Chicago. Money is flowing out instead of in.

And while our cities and their lower-income residents struggle, we have economic know-nothings whining about the meaningless federal debt, a number that has increased nearly every year for 80 years, with no adverse effect.

Rodger Malcolm Mitchell

Monetary Sovereignty Twitter: @rodgermitchell Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics. Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

  1. Eliminate FICA
  2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone
  3. Social Security for all or a reverse income tax
  4. Free education (including post-grad) for everyone
  5. Salary for attending school
  6. Eliminate federal taxes on business
  7. Increase the standard income tax deduction, annually. 
  8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.
  9. Federal ownership of all banks
  10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

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

MONETARY SOVEREIGNTY

Finally, the beginning of the end for cash bail? Wednesday, Feb 24 2021 

Back in 2016, we published, “Money bail: Another foible of the Gaps.”

A few excerpts from that post:Casablanca Court Sentences Man to 5 Years for Bribing Judge - Alraiy Morocco news online

As most, regular readers of this blog know, the income/wealth/power Gaps between the rich and the rest, constitute the single, most important economic problem facing America and the world.

The Gaps exacerbate crime, disease, poor education and housing, infrastructure decline, the ecology, unnecessary war, and unfair justice, among other issues.

Today, we see an example in the following article from the October 1, 2016, Chicago Tribune:

Man held on $5 million bail in U. of I. shooting

An 18-year-old accused of fatally shooting a Mundelein man in the Campustown district at the University of Illinois at Urbana-Champaign early Sunday morning was ordered held in lieu of $5 million bail Friday afternoon.

Robert Patton is accused of shooting into a crowd early Sunday, killing George Korchev, 22, and injuring three others.

What was the purpose of money-bail, and why $5 million?

I’ll answer the 2nd question first: Why $5 million? The clear purpose was to make the bail unaffordable for Patton, so that he will not be loose on the street. The judge clearly does not trust Patton to be free, despite the fact that Patton turned himself in..

That being the case, why offer any bail at all?

If Patton had $5 million (or even the 10%, $500 thousand cash required) should he be free to go?  Would he be less a risk to the public if he were rich?

Then, the first question: What is the purpose of bail? According to the American Bar Association: Bail is not a fine. It is not supposed to be used as punishment.

The purpose of bail is simply to ensure that defendants will appear for trial and all pretrial hearings for which they must be present.

Money bail presumes that poorer people, who are less likely to have bail money, must be more likely to flee and are more dangerous to the community.

A rich man, accused of the same crimes as Patton, will make bail and be free.

As a side note, the existence of bail bondsmen — people who lend money to those whom the bondsmen trust to return to court — tacitly assumes they:

  1. Are better able to evaluate the reliability of the accused than is the judge who sets the bond.
  2. Are better able to apprehend a fleeing accused than are the police.

(Money bail) exists, as a constant reminder of the Gap between the rich and the rest

In 2019, we published a more thorough analysis of cash bail: “Money Bail: The pro-rich, anti-everyone-else “tax” on the accused”

It included a quote from Sen. Bernie Sanders:

“We lock up more than 2 million people in America, which is more of our own people than any country on Earth.

“Hundreds of thousands of incarcerated people in America have not been convicted of a crime and are solely in jail because they can’t afford their bail. We are criminalizing poverty.”

“Right now, hundreds of thousands of people without a criminal conviction are in jail simply because they could not afford bail. Young people can spend hundreds of days in jail, only to be acquitted — yet the severe damage to their lives cannot be undone.”

Well, good news for justice lovers:

Yahoo News, Mike Bebernes·Editor, January 16, 2020: A new law in New York state that eliminated cash bail for most nonviolent crimes went into effect at the beginning of January.

The change has been celebrated by criminal justice reform advocates but has been met with intense opposition from law enforcement and conservative politicians.

And then, this from the 2/22/2021 Chicago Tribune

Gov. Pritzker signs sweeping criminal justice overhaul
By Dan Petrella Chicago Tribune

Gov. J.B. Pritzker signed into law on Monday a sweeping criminal justice overhaul package that has been praised by reform advocates and panned by law enforcement groups.

The legislation will abolish cash bail in Illinois beginning in 2023, require police officers statewide to wear body cameras by 2025 , eliminate requirements for signing sworn affidavits when filing complaints against officers, and create a more robust statewide system for tracking police misconduct and decertifying officers who commit wrongdoing.

The measure, passed in the waning hours of the previous General Assembly’s lame-duck session in January, was advanced by the Illinois Legislative Black Caucus as part of its response to the public outcry over the death last year of George Floyd at the hands of Minneapolis police.

The package has the backing of organizations such as the American Civil Liberties Union of Illinois, advocates for domestic violence victims, and even some prosecutors, including Cook County State’s Attorney Kim Foxx.

But police unions and leadership organizations, including the Illinois Association of Chiefs of Police and the Illinois Sheriffs’ Association, have broadly criticized the changes.

Why do the police want cash bail? Because they most often deal with street crime, and street crime is the primary province of the lower-income groups. The police see the revolving door of arrests and releases, especially with regard to gun, drug, domestic abuse, and other crimes of violence.

It is disheartening for a police officer to risk his/her life each day, bringing in violent or potentially violent offenders, just to see them released back into the streets.

Though I empathize with the police on this issue,  I believe justice revolves around two questions:

  1. Is it worse for an innocent person to be locked up for weeks or months, or for a guilty person to be released into the public, where he/she can commit more crimes?
  2. Is it justice for a rich, guilty person to make bail and be released while a poor guilty person must stay in jail pending trial?

If you believe that “innocent until proven guilty” also means unpunished until proven guilty, as most Americans do, then you are outraged that the cash bail system is a method for punishing innocent people.

And if you believe that the law should treat rich and poor alike, then you are outraged that the cash bail system is a method for punishing poor, innocent people while leaving rich, guilty people unscathed.

The fundamental purpose of the cash bail system is to assure that POOR people show up for trial.

Traci Schlesinger, a sociologist at DePaul University and a board member for the Pretrial Justice Institute wrote about this issue. I urge you to click the link to read the entirety of his excellent article. Here are a few highlights:

“When people aren’t making it to court for their first appointment, most likely they’ll come to their second appointment—and nearly everyone makes it by the third.”

Most failure to appears (FTAs) are the result of forgetfulness or circumstances beyond a defendant’s control. They might need child care, or they are just confused by the court system. 

Nor are missed appointments unique to the criminal justice system. Multiple studies report no-show rates of 15 to 30 percent for medical appointments, which is about the same as the criminal court FTA rate in most U.S. jurisdictions. (Meanwhile), some parts of the civil court system, like small claims court and housing court, have absentee rates as high as 95 percent.

“If you miss a doctor’s appointment, you call and reschedule,” Rich-Shea said. “If you miss an appointment with your cable company, you call and reschedule. Why is this so different?”

FTA is also calculated differently in different jurisdictions at different times, and by various agencies. Some agencies calculate the total number of court appointments missed — so that one person who missed 10 court dates would generate 10 FTAs. Other jurisdictions count the number of individuals who failed to appear at any point during the lifetime of a case—so whether a person misses one or 10 court dates, for example, that person would be recorded as one FTA.

Court dates can drag out over months and even years, requiring a person who faces charges to return multiple times. Many courts are only open during weekday office hours, when many people find it most difficult to take time off from work.

In fact, the percentage of FTAs resulting from defendants absconding is exceedingly low, notes Syracuse University College of Law professor Lauryn Gouldin, author of a 2018 law review article on flight risk.

The largest study on court appearances to date, conducted by the Bureau of Justice Statistics between 1990 and 2004 in 40 of the 75 largest U.S. counties, found that more than three-quarters of defendants showed up for all of their court dates.

Of the minority that missed at least one hearing, 94 percent appeared in court within a year after their missed court date.

Even in Illinois, which now has taken the wise step of eliminating all cash bail, judges continue to be able to protect the public. If they believe the accused is a danger to the public, they can deny bail. Or, they can use an ankle monitor. Or they can send the police after the absent accused.

Money bail is a relic of “money justice,” when the rich receive preferential treatment from the courts. The elimination of money bail would be one step in eliminating the heinous tradition of courts favoring the wealthy.

Rodger Malcolm Mitchell

Monetary Sovereignty Twitter: @rodgermitchell Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics. Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

  1. Eliminate FICA
  2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone
  3. Social Security for all or a reverse income tax
  4. Free education (including post-grad) for everyone
  5. Salary for attending school
  6. Eliminate federal taxes on business
  7. Increase the standard income tax deduction, annually. 
  8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.
  9. Federal ownership of all banks
  10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

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

MONETARY SOVEREIGNTY

Cancel Student Loan Debt. For heaven’s sake, just do it. Sunday, Feb 21 2021 

Image result for college graduate

The future success of America always has been in their hands. Help them to help ourselves.

America’s early settlers understood the value of education. They established taxpayer-funded, free schools, equivalent to today’s grades K-12.

Wikipedia: The first free taxpayer-supported public school in North America, the Mather School, was opened in Dorchester, Massachusetts, in 1639.

All the New England colonies required towns to set up schools, and many did so. In 1642 the Massachusetts Bay Colony made “proper” education compulsory; other New England colonies followed this example.

Similar statutes were adopted in other colonies in the 1640s and 1650s.

The larger towns in New England opened grammar schools, the forerunner of the modern high school. The most famous was the Boston Latin School, which is still in operation as a public high school.  Boston Latin School was founded on April 23, 1635. The school was modeled after the Free Grammar School of Boston in England. It was intended to educate young men of all social classes in the classics.

Now today, nearly 400 years later, Americans incredibly still have not learned the value of education.

Our cities and states, being monetarily non-sovereign, spend scarce taxpayer dollars to fund grades K-12. But most college education is costly, a financial burden on most families.

They often need to go into debt to give their children the education that America needs to be internationally competitive in today’s more advanced world. 

In America, most grade school is free. Most high school is free. Most college is costly. Why? What is the logic for that divide?

Because the monetarily NON-sovereign cities and states have limited funds, you see underpaid teachers, underfunded elementary and high schools in poor repair, teacher strikes, and in general, poor education, especially for the less affluent children.

Which brings us to this article:

State attorneys general call on Biden to cancel up to $50,000 in student debt to provide ‘immediate relief to millions’
Jillian Berman 9 hrs ago

A multistate coalition of Democratic attorneys general is calling on President Joe Biden to cancel up to $50,000 in student debt per borrower.

The letter from 17 state law enforcement officials, led by Massachusetts attorney general Maura Healey and New York attorney general Letitia James, comes just days after Biden appeared to reject the idea of canceling that level of student debtin a CNN Townhall.

Why is Biden diddling about this? It’s a no-brainer. College education is as important to America as is the military, interstate highways, federally funded dams, federal courts, and Congress itself — all things paid for by the federal government.

Yet after all these years, we Americans still have not advanced past the “college-is-for-the-elite” mindset.

Over the past several years, attorneys general, including Healey and Vice President Kamala Harris have been at the forefront of investigating the conduct of for-profit colleges, some of which have been accused of preying on students, particularly students of color.

The state law enforcement officials said they also regularly hear from borrowers struggling to navigate existing student loan repayment and forgiveness programs, suggesting to them that the current system “provides insufficient opportunity for struggling borrowers to manage their debts or recover from the current economic crisis.”

“Broad cancellation of Federal student loan debt will provide immediate relief to millions who are struggling during this pandemic and recession, and give a much-needed boost to families and our economy,” the group wrote.

Is it that we American’s don’t understand the benefits to America of advanced education?

Can it be that we don’t realize the importance of doctors, scientists, accountants, writers, et al?

Do we still believe, in today’s scientifically advanced world, that college is an unnecessary, elitist concept?

Are we that ignorant?

The idea of student debt cancellation has been around for years, but gained new urgency after Biden was elected in November. Amid the coronavirus-induced downturn, student debt cancellation is a particularly attractive form of relief for progressives and mainstream Democrats because Biden and the executive branch can arguably do it themselves.

Democratic Senators Elizabeth Warren and Chuck Schumer have repeatedly called on Biden to cancel up to $50,000 in student debt. During his campaign for president Biden proposed to “immediately cancel a minimum of $10,000 of student debt per person.”

And there is the typical, timid Democrat response: “If it’s worth doing, do it as small and quietly as possible. Don’t make any waves. Only do it if you can get a consensus.”

That was the Obama approach and apparently, it now is the Biden approach.

Given that the federal government has infinite money, and can create trillions of dollars at the touch of a computer key, why only $10,000? Why indeed, only $50,000?

Just as our ancestors were wise enough to offer free grades K-12 to all, why are we not wise enough to offer free college for all, funded by the federal government — especially when it won’t cost anyone a cent?

The federal government does not spend taxpayer dollars. It creates new dollar ad hoc and at will, every time it pays a bill. Federal spending is free to you and free to me. So why are we being miserly?

Even among those who support debt cancellation there is debate about whether it should be done by executive action or through Congress.

In addition, there’s a range of opinions among supporters about how much debt per borrower should be cancelled and whether there should be a cap on the income of borrowers receiving the relief.

The answer: Do it by any means possible. Do it through Congress if Congress will do it. If Congress won’t do it, use executive action. But stop diddling and just do it!

The next answer: What is the need for an income cap? There is no income cap for free elementary school. There is no income cap for free high school. Why does there need to be an income cap for free college?

Critics worry it would be a boon to borrowers who have six-figure debts from graduate school, but also relatively high incomes. 

Why is income a criterion? Should there be an income cap for using federal highways? An income cap for using federal courts? No matter what breaking level is agreed upon, it will be “a boon” to those below it and unfair to those above it.

So the family making $399,999 gets free college, and the family making $400,000 has to pay? How does that help America?

We Americans always pride ourselves on being the “leaders” of the world, yet our attitudes toward our education system has not progressed beyond the 17th century.

Click the following link to see the rest of the argument.

Ten Steps to Prosperity: Step 4: Free education for everyone

As a citizens of a wealthy nation, whose government has unlimited access to money, without levying taxes, Americans should be ashamed of today’s debates.

I have one question for our politicians: How does it benefit America for college to be a financial burden on anyone, particularly when our federal government has the unlimited ability to create dollars?

College is not for the elite. College is for America.

Rodger Malcolm Mitchell

Monetary Sovereignty Twitter: @rodgermitchell Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics. Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

  1. Eliminate FICA
  2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone
  3. Social Security for all or a reverse income tax
  4. Free education (including post-grad) for everyone
  5. Salary for attending school
  6. Eliminate federal taxes on business
  7. Increase the standard income tax deduction, annually. 
  8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.
  9. Federal ownership of all banks
  10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

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

MONETARY SOVEREIGNTY

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