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.

Jesus: “All they that take the sword shall perish with the sword.”
Those who appeal to the emotions, prejudices, and ignorance of a population in order to gain power are known as “demagogs.” They call for immediate action, often counter-productive, to cure a national crisis, often distorted or exaggerated. They create and accuse scapegoats. They appeal to the public’s lowest common denominator.

In that regard, I give you Wayne LaPierre, CEO of the National Rifle Association, who says this:

“Our individual liberty is the very essence of America. It is what makes America unique. If you aren’t free to protect yourself — when government puts its thumb on that freedom — then you aren’t free at all.

“But they insult, denigrate and call us crazy for holding fast to that belief. In their distorted view of the world, they are smarter than we are. They are special and more worthy than we are. They know better than we do and if we dare disagree, they scorn us, demonize us and try to shut us up. We will not be demonized, we will not be silent.”

Of which historical leader do these paranoid rantings remind you? Think about it.

“There isn’t a mom or a dad anywhere who wouldn’t feel better seeing a police car in the parking lot when they drop their kids off at school. But the powerful elites, who will always have their own security, called our proposal absurd.

Notwithstanding the fact that “a police car in the parking lot” is not at all like arming teachers, in Wayne’s world, the solution to gun violence is more guns.

NRA-commissioned study supports having armed guards in schools
By Peter Finn, Published: April 2

A 225-page study commissioned by the National Rifle Association has endorsed and amplified the gun rights group’s immediate response to the mass killing in Newtown, Conn.: that all schools in the United States should have police or armed staff members trained to confront a shooter.

Former congressman Asa Hutchinson (R-Ark.), who led the $1 million study, said schools could use “school resource officers” — typically local police trained to work in schools — or arm teachers or administrators designated by school boards or superintendents.

The report does not provide specific recommendations for the ratio of armed personnel to students or what kind of guns school personnel should carry. Hutchinson said those are local decisions, but weapons could include handguns, shotguns or semiautomatic rifles.

Just what we need in our schools: Handguns, shotguns and semi-automatic rifles. Visualize firing a shotgun in a school. But why stop at semi-automatic rifles? Why not fully automatic machine guns? Isn’t that also part of “freedom”?

For sane people, there is a better way:

Australia’s gun controls a political template for the U.S.

CANBERRA (Reuters)– The battle for gun control in Australia, after the country’s worst massacre in which 35 people were shot dead, was risky both personally and politically. Former Australian Prime Minister John Howard alienated a large part of his conservative, rural base and was almost thrown from office.

But the gun reforms made Australia a safer place, with fewer homicides and suicides.

“Penalizing decent, law-abiding citizens because of the criminal behavior of others seemed unfair…I understood their misgivings. Yet I felt there was no alternative,” wrote Howard.

“It was the right thing to do, but people had to be persuaded of it. And this is why our friends in the United States … should now consider seriously taking it in a big way to the public square.”

Australia had 13 gun massacres in the 18 years before the 1996 gun reforms, but has not suffered any mass shootings since. Studies found a marked drop in gun-related homicides, down 59 percent, and a dramatic 65 percent drop in the rate of gun-related suicides, in the 10 years after the weapons crackdown.

But some Australian gun owners, like hunter Stephen O’Donnell, still oppose Howard’s gun control laws O’Donnell, a license kangaroo shooter, can only use a single shell, bolt-action rifle, limiting his ability to control mobs of kangaroos. “If I could have a semi-automatic, that would be a much more efficient way of doing it. You could take multiple targets a lot quicker,” he said.

Australia had its “Wayne LaPierres,” its demagogs, who convinced the populace that the only path to safety and freedom was to own a big gun. But Australia’s politicians were brave enough to say what obviously, clearly and factually is the truth: More guns = more killings. Fewer guns = fewer killings.

So, what should America do? Hmmm . . .

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