Mitchell’s laws: The more budgets are cut and taxes inceased, the weaker an economy becomes. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity = poverty and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
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Need I say more?
Rodger Malcolm Mitchell
http://www.rodgermitchell.com
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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
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports
#MONETARY SOVEREIGNTY
#Monetary Sovereignty - Mitchell 
Best article yet.
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I have many friends and family who are part of the religious right and they are good, honest, hard working people. Too bad they are inflluenced by Limbaugh’s toxic rhetoric. Hopefully this latest outburst will drive some of them away. People like Limbaugh divide the people when what we need is unity.
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Fear not. If your friends and family are good, honest, hard working people, and also are intelligent, they don’t listen to Limbaugh.
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By the way, Limbaugh said about the purpose of marriage: “Marriage is about raising children. That’s the purpose of the institution.”
He has been married four times, has no children, and denounces contraceptives. Think about that.
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The hero of the religious right speaks:
Wednesday: “What does it say about the college coed … who goes before a congressional committee and essentially says that she must be paid to have sex? It makes her a slut, right? It makes her a prostitute. She wants to be paid to have sex.”
Thursday: “If we’re going to have to pay for this, then we want something in return, Ms. Fluke, and that would be the videos of all this sex posted online so we can see what we’re getting for our money. Who bought your condoms in junior high?”
By Saturday, six advertisers had pulled sponsorship of Limbaugh’s show.
Saturday: “I did not mean a personal attack on Ms. Fluke.”
Thank goodness it wasn’t a personal attack.
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