Mitchell’s laws:
●The more budgets are cut and taxes increased, the weaker an economy becomes.
●Until the 99% understand the need for federal 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.
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In two days, the Supreme Court is expected to hand down its decision regarding “Obamacare.”
No, actually that isn’t true. Let me rephrase:
In two days, the five right-wing, extremist majority of the Supreme Court is expected to hand down its decision regarding “Obamacare.” No one knows what the “originalists-only-when-it-suits-the-wealthy” will do. (These are the men who were against judicial activism before they were for it.)
If past performance is any indicator, they will do whatever it takes to increase the gap between the rich and the poor, i.e reject much or all of the plan.
Nevermind that the vast majority of legal scholars say the plan is Constitutional. When you have the likes of Scalia, Thomas and Alito running the show — men who never fail to find excuses for voting against the public good and for the wealthy — anything is possible.
It remains to be seen whether the extreme right wing of the Supreme Court will add to its anti-lower-classes legacy. Actually, we already know the legacies of Scalia, Thomas and Alito, and they aren’t pretty. So it all boils down to this: What will be the legacy of Justice John Roberts?
In this regard, I recommend to you the following article: With Health Care On The Line Again, Morality Matters Most
Rodger Malcolm Mitchell
Monetary Sovereignty
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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 
I still have a lot of questions and doubts about Obamacare, but we will soon know the truth.
If the US Supreme Court upholds Obamacare, then the plan is good for the 1%, and bad for the 99%.
If the Court overturns Obamacare, then the plan is (or would have been) good for the 99%.
[Q] What will be the legacy of Justice John Roberts?
[A] Roberts will become just like Chief Justice William Rehnquist, who is revered for declaring Bush the winner of the 2000 election, and for 19 years of service to the 1%.
Like Rehnquist, Roberts will forever be praised as a national hero in movies and school textbooks. (Justice Scalia praises Rehnquist and Roberts as carbon copies in every way.)
Like Rehnquist, Roberts — when he dies — will be given a state funeral attended by the US president, and by numerous foreign heads of state.
Like Rehnquist, Roberts will be buried in a special mausoleum at Arlington National Cemetery. If Roberts’ wife is dead, then her remains will be dug up and then planted beside Roberts. If she is still alive, then she will later be buried next to him. Just like Rehnquist’s wife.
The only difference is that Roberts, unlike Rehnquist, will probably be given a Presidential Medal of Freedom before he dies. Last month, Obama gave one of the medals to Madeline Albright, who engineered a famine that, by her own admission, killed half a million Iraqi children.
The 1% gives due recognition to its top servants. The more murderous the servants, the better.
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Richard,
You may be right about Roberts, though Supreme Court legacies usually require many years and many cases to establish.
I suspect that Scalia’s legacy will be as a particularly loathsome faker, who pretends at originalism when it is politically convenient, and pretends to abhor judicial activism, also when it is politically convenient, though he repeatedly engages in both. He will be remembered as a strident, right wing politician in a black robe.
Thomas will be remembered as an incompetent, who was given the job for political and racial reasons, and predictably has done nothing of merit, though I do give him credit for keeping his mouth shut — as well he should.
The others are less clear cut.
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Rodger, you’re today’s consummate “Liberal” but surely you’ll disavow that and avow otherwise. Why, one wonders? In your clearest moments you must
know why you’ve leftward leaning despite that you facilely can make either side of most arguments. So, what’s the origin of the political tilt in your otherwise brilliant thinking?
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dan,
In my earlier life, I tended toward the conservative, because I felt conservatives better understood the realities of economics. But, the liberals now have become conservatives and the conservative became fascists.
I never changed, but the world around me changed. And of course, August 15, 1971 changed everything. Liberalism, which always was more moral, became affordable.
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well put, rodger!
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All you need to know about Justice Scalia:
Arizona’s entire immigration law should be upheld, Scalia wrote, because it is “entitled” to make its own immigration policy. At one point, he cites the fact that before the Civil War, Southern states could exclude free blacks from their borders to support the idea that states should be able to set their own immigration policies.”
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here’s a short (and comical) commentary on the hypocrisy of scalia (and his fascist colleagues on the Court) on “states rights” :
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Yes, very funny and very sad for America. Anyone who is not in the upper 1% income group, and who votes Republican, is a fool.
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Rodger writes, “Liberals now have become conservatives, and the conservative became fascists.”
It is common to use the term “fascism” in a pejorative sense, but it is a neutral term, like “government.” Whether fascism is good or bad depends on the people in charge, and the temper of the public.
Symbols of the Roman fasces are on the sides of buildings and on monuments everywhere in Washington DC, plus many state capitols. There are two big fascist symbols in the US House, right behind the main dais. (But not in the Senate, for some reason).
Fascism means unity. All for one, and one for all. Together we stand; divided we fall. We are stronger as a team than as individuals. Fascism means that all major aspects of the State are aligned and attuned. Government, media, banks, major corporations, public education, social values, etc – they are all more or less bundled together like the Roman fasces symbol.
Is the USA fascist? Yes, because everything – I mean EVERYTHING – is geared toward increasing the wealth and power of the 1%, while crushing the 99%.
But what if everything were geared toward exercising monetary sovereignty and social harmony? In that case the USA would still be fascist, albeit closer to paradise.
Thus, fascism can be positive or negative, depending on the situation. In today’s world, fascism is almost always negative.
My comment may seem like trivial nitpicking, but I believe that people should think about the terms they use, especially when they use common buzzwords like “fascism.”
Another example is “intervention.” Since when did imperialist theft and brutal piracy become “intervention”? People see a term or a phrase in the corporate media (e.g. “intervention”) and adopt it like they were eating a toxic virus. In this way they let themselves be brainwashed. Even “progressives” and “anti-war” people refer to NATO “intervention.”
So let’s see. Imperialists want to enslave a nation and steal its resources. This will require regime change. To get regime change, imperialists arm and support terrorists who commit countless massacres among the population to be enslaved. The imperialists blame the massacres (which the imperialists sponsored and directed) on the government targeted for regime change. After the imperialists have created mass terror, and overseen the slaughter of thousands, they begin an invasion, plus a carpet bombing campaign, to finish off the regime change and the theft. The corporate media calls the latter assault “intervention.” And the masses adopt this ridiculous euphemism, thus believing the lies.
Come on, people. THINK.
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Fascism is not neutral.
The Merriam Webster dictionary briefly describes fascism as: “a political philosophy, movement, or regime that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition.”
It’s exactly the opposite of liberalism, which focuses on “individual freedom, autonomy of the individual and protection of political and civil liberties.”
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See if any of the following sounds familiar:
Wikipedia: Fascism is a radical authoritarian nationalist political ideology. Fascists seek elevation of their nation based on commitment to an organic national community where its individuals are united together as one people in national identity by suprapersonal connections of ancestry and culture through a totalitarian state that seeks the mass mobilization of a nation through discipline, indoctrination, physical training, and eugenics.
Fourteen Defining Characteristics Of Fascism
By Dr. Lawrence Britt
1. Powerful and Continuing Nationalism
2. Disdain for the Recognition of Human Rights
3. Identification of Enemies/Scapegoats as a Unifying Cause
4. Supremacy of the Military
5. Rampant Sexism
6. Controlled Mass Media
7. Obsession with National Security
8. Religion and Government are Intertwined
9. Corporate Power is Protected
10. Labor Power is Suppressed
11. Disdain for Intellectuals and the Arts
12. Obsession with Crime and Punishment
13. Rampant Cronyism and Corruption
14. Fraudulent Elections
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Today, Justice Roberts polished his legacy. With no new surprises, the Roberts court will be looked upon favorably. The world will forget the Scalias and the Thomases, but will remember this court.
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