Mitchell’s laws: The more budgets are cut and taxes inceased, the weaker an economy becomes. Until the 99% understand the need for deficits, the 1% will rule. 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.
There are two major political parties in the U.S. The Democrats are “leftish” (actually, center right) and the Republicans are “rightish” (actually, extreme right).
The Tea party is kook right, but being crazy doesn’t mean they’re stupid. I’ll give these folks credit for being smart enough not to put forth their own presidential candidate.
Why smart? Because if there were a Tea Party candidate and a Republican candidate, the Tea candidate would draw votes from the Republican, and the Democrats would win in a walk.
I refer to that as the “Ralph Nader rule”. Ralph Nader was a leftish candidate, who drew votes from Al Gore, and thus elected George W. Bush. Feel better now, Ralph?
The Democrats, have proved to be the less politically intelligent party. They allowed the Republicans, who owned neither the Presidency nor one of the houses of Congress, to set the economic agenda for the nation.
And so it should come as no surprise that the leftish folks decided to form yet another party — The Green Party — a candidate from which will run for President of the United States. I know this because I have received communications on behalf of someone named “Dr. Jill Stein,” who says she wants to be President, and needs to be nominated by the Green Party.
There is an old joke is statistics that you have the same chance of winning a state lottery, whether or not you buy a ticket. Jill Stein may want to be President, but she has the same chance of winning, whether or not the Green Party nominates her.
I sympathize with many of her thoughts, which are:
*One hundred and forty-six million people – that’s nearly one in every two Americans – is now living below or near the poverty level.
*Last year, one million Americans lost their health insurance.
*Thirty million college students and recent graduates are trapped in the financial prison of student loan debt.
*Overall, nearly 25 million Americans are unemployed or unable to find full time work.
Over seven million are under “correctional supervision”, 10 times greater than in 1965, as incarcerating poor people – disproportionately of color – has become big business with the failed war on drugs.
*The gap between the very rich and the many poor has never been so great.
*And now, the political establishment in the White House, Congress, and state governments are making matters far worse, doing the opposite of what we need, by inflicting needless, harsh austerity policies on the country.
I’m in her corner. And here is what she wants to do:
First, we will guarantee the economic rights of all Americans, beginning with the right to a job at a living wage for every American willing and able to work.
Second, we will transition to a sustainable, green economy for the 21st century, by adopting green technologies and sustainable production.
Third, we will reboot and reprogram the financial sector so that it serves everyday people and our communities, and not the other way around.
Fourth, we will protect these gains by expanding and strengthening our democracy so that our government and our economy finally serve We the People.
O.K., she’s leaning in a praiseworthy direction. But every vote for Dr. Stein will be a vote for Romney (under the Ralph Nader rule). Surely she knows this, so apart from ego boosting, why is she running against President Obama?
I’d imagine she would claim that running for President is the best way she can get her message across. She may be right — or not. But, is getting the message across worth a few more Justices Scalia, Thomas, Roberts and Alito? Is getting the message across worth the reduction of Social Security and Medicare along with more growth in the gap between the 1% and the 99%?
Is getting the message across worth eight years of Tea/Republican craziness?
My advice to the Green Party: Take your lead from the Tea/Republican Party nuts. They know that in politics, it’s better to win as a soulless bastard than to lose as a kind, gentle soul.
Rather than putting up a separate candidate, the Tea Party published evaluations of the Republican candidates on the basis of following Tea Party beliefs. This clever approach forced the entire Republican Party to adopt Tea Party extremism — something like a crowd being steered by the one nut with a megaphone.
Green Party: Don’t run a separate Presidential candidate. Instead, try to sway the Democrats toward your goals. Publish rankings on Democrats’ “Greenness.” Back the most “Green” Democrat Congressional candidates. Fight to win for your beliefs, not for a person who cannot win.
If you compete with Obama, you will take votes from him. He will be forced to compete with you, thereby downgrading your message. It’s the dumbest possible thing you can do to accomplish your goals.
I know. I know. That old suicide urge has you in its spell.
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
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports