Mitchell’s laws:
●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 motive.


What are your most important concerns? I’ll bet health and finances come near the very top of the list. You are concerned for your own health and for the health of those you love. The same is true of finances. You spend eight hours a day, for an average of 45 years — more than half your life — thinking about money, working to make money, saving and spending money — so you can support yourself and your loved ones.

Clearly, you violently will reject anything that will make you sicker or poorer.

In that vein, how would you feel if your children were sick, and a politician told you they are not allowed to see a doctor? Or if a hospital refused your wife admittance? Or if you were not allowed to purchase the medicine they desperately need? Are you angry? Frustrated? Incredulous? Are you ready to march on Washington?

Probably not. If you’re like the majority of Americans, you don’t give a damn.

Quoting from an article in the February 28th SunSentinel:

Cuts to bruise health care
By Noam N. Levey

As the Obama administration begins to implement $85 billion in cuts to federal spending this year, no part of the federal budget other than defense will take a bigger hit than health care.

And the sequester appears likely to have a disproportionate effect on areas of the health system already hobbled by years of retrenchment and under-funding, including public health and medical research.

Laboratories at major universities and medical centers are laying off scientists and local public health officials, hit by years of cutbacks, are scaling back immunization efforts to track and control infectious diseases.

“They are doing cuts on top of cuts on top of cuts,” said Dr. Eric Hoffman, director of the Center for Genetic Medicine Research at Children’s National Medical Center in Washington. Hoffman’s labs have had to delay several projects, including new research into muscular dystrophy in children.

Nationwide, as many as 46,000 public health jobs have been eliminated in the past five years. Now, the federal Centers for Disease control and Prevention plans more cuts.

So, I ask again: How would you feel if your children were sick, and a politician said you are not allowed to take them to a doctor? Or if a hospital refuses you admittance? Or if you can not purchase the medicine they desperately need? Are you angry? Frustrated? Incredulous?

Here is the answer, as told by this NBC News/Wall Street Journal poll of 1,000 U.S. adults conducted Feb 21-24. (Margin of error is +/- 3.1 percentage points:) The subject was the sequester.

Opinion on the Best Way for Congress to Handle the Deficit
–A plan that has more cuts: 39%
–The current automatic cuts: 14%
–A plan that has fewer cuts: 37%
–None/not sure: 10%

How shall we explain 53% of Americans wanting a plan that has more cuts than even the sequester demands?

You of the 53%, your elected politicians have voted to cut back immunization, so your children will have a greater likelihood of suffering from or even dying from a disease. Your politician also has voted to cut back medical research, so you and your family will suffer needlessly from heart disease, cancer and the myriad other ailments that kill us too young

Congress and the President demand that you have available to you, fewer doctors, fewer nurses, fewer hospitals, less research and more sickness. Yet, you 53% of Americans not only welcome it, but you want even greater cuts. America is on the edge of becoming a 3rd world country, and Americans not only are satisfied, but become angry at anyone who protests — thus is the power of brainwashing.

Barack Obama, Peter Peterson, the Koch Brothers — these are the people who are sickening and killing your loved ones, and half of America doesn’t give a damn. The rich bribe the politicians, via campaign contributions and promises of lucrative employment, to cut medical services.

The rich don’t care. They always can pay for doctors, nurses and hospitals. They can fly to foreign lands, where the care and the research are better.

All the rich care about is depressing you, pushing you and your children down into the gutter, making you suffer and beg for help — all to widen the income gap and increase their power over you.

And there you 53%ers sit, with you fingers in your noses, worrying not about your loved ones, but rather worrying about the federal government’s unlimited ability to pay its bills, or about the scant likelihood of a hyperinflation this nation never has had in its history. While you fret about gay marriage and left vs. right, the 1% are stealing your health and financial life.

But, you are perfectly content to sacrifice your health, your family’s health and all your money, just so the federal government, which creates dollars, is unnecessarily given even more of your dollars, for which the government has no need.

You can’t point to a single instance of austerity bringing a nation anything but misery, yet you want austerity for your nation and your family.

Congress, the President and the upper .1% income group are sickening and murdering your children, yet all that concerns you is whether the Democrats’ method or the Republicans’ method is better.

Are you angry? No. You subscribe to the immortal words of Alfred E. Neuman, “What, me worry?

How very clever you of the 53% are.

Rodger Malcolm Mitchell
Monetary Sovereignty


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