●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor, which leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motivation.
Jesus: “All they that take the sword shall perish with the sword.”
Joe Biden’s is President Obama’s point man on gun control. Here is his advice to his wife:
“I said, ‘Jill, if there’s ever a problem, just walk out on the balcony here … walk out and put that double-barrel shotgun and fire two blasts outside the house, I promise you whoever’s coming in is not going… you don’t need an AR-15.’”
Then, go directly to jail, because shooting someone who is standing outside your house very likely will be considered murder, almost everywhere except perhaps, Texas.
Thanks for the advice, Shotgun Joe. That clarifies the Obama position. Rather than calling the police and letting the law take care of the situation, take the law into your own hands and murder someone with a double barreled-shotgun.
We don’t need no dang courts ‘roun hyar, right Joe?
And do be careful not to let the spray hit anyone else.
Here, I thought the NRA was nuts.
Rodger Malcolm Mitchell
P.S. On Thursday, the Vice President will be at a conference on ways to prevent gun violence just outside Newtown, Connecticut.
Hank Weinbloom, FOX News Radio.
Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Medicare — parts A, B & D — for everyone
3. Send every American citizen an annual check for $5,000 or give every state $5,000 per capita (Click here)
4. Long-term nursing care for everyone
5. Free education (including post-grad) for everyone
6. Salary for attending school (Click here)
7. Eliminate corporate taxes
8. Increase the standard income tax deduction annually
9. Increase federal spending on the myriad initiatives that benefit America’s 99%
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 Imports