Twitter: @rodgermitchell; Search #monetarysovereignty
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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.
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Monetary Sovereignty What about the IRS scandal?

Monetary Sovereignty OUTRAGEOUS! LAWS HAVE BEEN BROKEN!! HEADS MUST ROLL!! THESE PEOPLE MUST BE SENT TO JAIL!! SHOW NO MERCY, OR THEY’LL JUST KEEP DOING IT!!

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Monetary Sovereignty What about the spying-on-the-media scandal?

Monetary Sovereignty OUTRAGEOUS! LAWS HAVE BEEN BROKEN!! HEADS MUST ROLL!! THESE PEOPLE MUST BE SENT TO JAIL!! SHOW NO MERCY, OR THEY’LL JUST KEEP DOING IT!!

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Monetary Sovereignty What about the Benghazi scandal?

Monetary Sovereignty OUTRAGEOUS! LAWS HAVE BEEN BROKEN!! HEADS MUST ROLL!! THESE PEOPLE MUST BE SENT TO JAIL!! SHOW NO MERCY, OR THEY’LL JUST KEEP DOING IT!!

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Monetary Sovereignty What about the first family’s “expensive-trips-all-over-the-world” scandal?

Monetary Sovereignty OUTRAGEOUS! LAWS HAVE BEEN BROKEN!! HEADS MUST ROLL!! THESE PEOPLE MUST BE SENT TO JAIL!! SHOW NO MERCY, OR THEY’LL JUST KEEP DOING IT!!

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Monetary Sovereignty What about the “rich criminal-bankers not going to jail” scandal?

Monetary Sovereignty uh. er, ah. well . . . rich bankers . . . uh. . . see it’s like this. . . uh, criminal . . .

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Monetary Sovereignty Uh, where’s your proof? Anyway, let’s not be too hasty. These rich bankers have wives and children

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Monetary Sovereignty And these rich bankers have employees, who have families

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Monetary Sovereignty And these rich bankers have shareholders, who have families

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Monetary Sovereignty And these rich bankers have given us big political contributions, and promised lucrative employment for our our wives, our children and us

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Monetary Sovereignty At long last, can’t we show a little compassion?

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Monetary Sovereignty I told Boehner the same thing I told what’s-his-name, you know. The Attorney General. I said “Lay off the rich people.”

Boehner agreed. What’s-his-name, the Attorney General, also agreed.

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Monetary Sovereignty Yep. That’s me, and I agree. I do agree. I do. I do. I do.

Why not? It’s bipartisan.

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Rodger Malcolm Mitchell
Monetary Sovereignty

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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. Click here
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%

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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