●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.
Two gun stories. Which will you tell your friends?
A clear case of self-defense rallies supporters of gun rights
In LOGANVILLE, Ga. — Melinda Herman was at home, working upstairs in her office, when she saw a man coming to her front door. Her 9-year-old twins were off from school that day. Don’t answer it, she yelled downstairs, as the doorbell rang several times. From her window, Herman watched the man return to his silver SUV. Instead of leaving, he pulled out a crowbar and turned back for the front door with the decorative wreath.
By the time Herman called her husband at work to say an intruder was in the house, she had rushed both children into an upstairs bedroom and locked two doors behind her. She also had retrieved a .38 from the gun safe. The only place left to hide was a crawl space that led to the attic, and that’s where Herman crouched, with her son and daughter beside her and a revolver in her hand.
Walton County sheriff’s deputies barreled toward the subdivision off Sharon Church Road, but the intruder reached the crawl space first. When he opened the door, Herman fired six times.
Melinda Herman became an instant hero to gun owners facing new restrictions on firearms. While the intruder lay in a hospital, clinging to life, the National Rifle Association tweeted about GA MOM.
Here in Walton County, people went out and bought guns.
Does that convince you? Or does this:
5-year-old shoots 2-year-old sister in Kentucky
By Travis Loller and Dylan Lovan | Associated Press – Wed, May 1, 2013
BURKESVILLE, Ky. — In southern Kentucky, where children get their first guns even before they start first grade, Stephanie Sparks paid little attention as her 5-year-old son, Kristian, played with the rifle he was given last year. Then, as she stepped onto the front porch while cleaning the kitchen, “she heard the gun go off,” a coroner said.
In a horrific accident Tuesday that shocked a rural area far removed from the national debate over gun control, the boy had killed his 2-year-old sister, Caroline, with a single shot to the chest.
In this case, the rifle was made by a company that sells guns specifically for children — “My first rifle” is the slogan — in colors ranging from plain brown to hot pink to orange to royal blue to multi-color swirls.
My guess: You consider one of these articles to be a “perfect example.” The other is a “rare occurrence.”
Which will you tell your friends?
Rodger Malcolm Mitchell
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:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports