Mitchell’s laws: Reduced money growth never stimulates economic growth. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity breeds austerity and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
Most of my posts begin with “Mitchell’s laws,” one of which is: Austerity breeds austerity and leads to civil disorder. The term “civil disorder” is a euphemism for police brutality, including torture and even killings. And it’s happening right here in innocent America.
In the post “How the 1% turns the 99% against itself and makes us into dogs,” I described how the media and politicians brainwash you into believing #Occupy Wall Street (#OWS) is a gang of childish, ignorant rowdies, who deserve neither attention nor respect.
The fact that #OWS is fighting on behalf of the 99% is not completely understood by the very people who would benefit most – including the police themselves. Also, not understood, is the power being unleashed by the 1%, not just against the protesters, but against all of you.
The truly great blog, “naked capitalism” posted the following account. See if it reminds you of what happens in nations run by vicious dictators:
While people are now beginning to learn that the police attack on Occupy LA was much more violent than previously reported, few actually realize that much—if not most—of the abuse happened while the protesters were in police custody, completely outside the range of the press and news media. And the disgraceful truth is that a lot of the abuse was police sadism, pure and simple:
* I heard from two different sources that at least one busload of protesters (around 40 people) was forced to spend seven excruciating hours locked in tiny cages on a Los Angeles County Sheriff’s Dept. prison bus, denied food, water and access to bathroom facilities. Both men and women were forced to urinate in their seats. Meanwhile, the cops in charge of the bus took an extended Starbucks coffee break.
• The bus that I was shoved into didn’t move for at least an hour. The whole time we listened to the screams and crying from a young woman whom the cops locked into a tiny cage at the front of the bus. She was in agony, begging and pleading for one of the policemen to loosen her plastic handcuffs. A police officer sat a couple of feet away the entire time that she screamed–but wouldn’t lift a finger.
• Everyone on my bus felt her pain–literally felt it. That’s because the zip-tie handcuffs they use—like the ones you see on Iraq prisoners in Abu Ghraib—cut off your circulation and wedge deep through your skin, where they can do some serious nerve damage, if that’s the point. And it did seem to be the point. A couple of guys around me were writhing in agony in their hard plastic seats, hands handcuffed behind their back.
• The 100 protesters in my detainee group were kept handcuffed with their hands behind their backs for 7 hours, denied food and water and forced to sit/sleep on a concrete floor. Some were so tired they passed out face down on the cold and dirty concrete, hands tied behind their back. As a result of the tight cuffs, I wound up losing sensation in my left palm/thumb and still haven’t recovered it now, a day and a half after they finally took them off.
• One seriously injured protester, who had been shot with a shotgun beanbag round and had an oozing bloody welt the size of a grapefruit just above his elbow, was denied medical attention for five hours. Another young guy, who complained that he thought his arm had been broken, was not given medical attention for at least as long. Instead, he spent the entire pre-booking procedure handcuffed to a wall, completely spaced out and staring blankly into space like he was in shock.
• An Occupy LA demonstrator in his 50s who was in my cell block in the Los Angeles Metropolitan Detention Center told us all about when a police officer forced him to take a shit with his hands handcuffed behind his back, which made pulling down his pants and sitting down on the toilet extremely difficult and awkward. And he had to do this in sight of female police officers, all of which made him feel extremely ashamed, to say the least.
• There were two vegetarians and one vegan in my cell. When I left jail around 1:30 pm, they still had not been given food, despite the fact that they were constantly being promised that it would come.
• There were 292 people arrested at Occupy LA. About 75 of them have been released or have gotten out on bail, according the National Lawyers Guild. Most are still inside, slapped with $5,000 to $10,000 bail. According to a bail bondsman I know, this is unprecedented. Misdemeanors are almost always released on their own recognizance, which means that they don’t pay any bail at all. Or at most it’s a $100.
• That means the harsh, long detentions are meant to be are a purely punitive measure against Occupy LA protesters–an order that had to come from the very top.
Is this the America you know and love? Is this the America you want?
The battle exists because the phony “debt crisis” is forcing austerity on you, and you are buying into the myth. No, Social Security should not be reduced; it should be increased. Same for Medicare, Medicaid, R&D, support for education, housing, the infrastructure and the other programs that support the neediest of us.
The need for austerity is a lie. Those who glibly tell you the government “is broke,” and “can’t afford” to pay for these services, or that spending cuts are “prudent” or that spending will cause inflation, are lying to you, and doing the dirty work of the 1%. (Disclosure: I am part of the 1%.)
Comparisons with the Weimar Republic are bogus. Federal financing comparisons with personal, kitchen-table financing are fraudulent. The federal government is nothing like you and me. It’s not even anything like your state, county or city, though exactly the same incorrect words are used to describe federal financing as your financing.
The “super committee” was a charade to give credence to a false idea, namely that the federal deficit and debt are too high. The deficit is too low and the debt could be eliminated, tomorrow.
You are being sucked into acceptance of a police state, where your every act can be controlled. The ironically named “Patriot Act” is but one example. And now you calmly witness the brutality against your fellow Americans, whose sole crime is protesting. Until you begin to understand the facts of Monetary Sovereignty, and demand that the lower- and middle-classes be supported, things will get worse and worse and worse.
What can you do? First, learn the facts of Monetary Sovereignty, so the media and the politicians won’t be able to deceive you with their lies.
You’ve seen the “Arab spring.” Don’t think it can’t happen here. It already has begun.
One night, there may be a knock on your door, and you will wonder how America could have fallen so far.
I award three “traitor images” to the Los Angeles Police Department, whose history of violence against American citizens is historically established. Unfortunately, they are not alone, as many police around the nation are being urged to violence by your leaders.
(Perhaps a nice $100 million lawsuit against these thugs might open a few eyes.)
Rodger Malcolm Mitchell
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:
Federal Deficits – Net Imports = Net Private Savings
b>Gross Domestic Product = Federal Spending + Private Investment + Private Consumption + Net exports