Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

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 ultimately 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.


I always am impressed with how religion teaches people to love their fellow man, and how Christians love to quote Christ and Jews love to quote God. For instance, consider the “religious” right wing in America:

Santorum stands with Texas pro-lifers
By Seth McLaughlin
The Washington Times, Friday, July 12, 2013

Former U.S. senator and 2012 GOP presidential candidate Rick Santorum appeared in Austin, Texas on Thursday in support of Senate Bill 1, the controversial set of abortion restrictions famously filibustered by State Senator Wendy Davis (D-Fort Worth) last month.

“What they’re doing here today is simply human decency. Human decency for the little child in the womb,” said Santorum after visiting the Senate floor to encourage lawmakers to vote for the bill.

Santorum opposes abortions in all cases and once suggested that rape victims who become pregnant should “make the best out of a bad situation.”

He says human decency is what it all is about. Human decency for the microscopic zygote in the womb, that is. Human decency for the invisible blastocyst. Human decency for the 1 inch embroyo.

But, no human decency for the unwanted, unaffordable, malnourished, abused child, who will live in the streets and commit the crimes. The decent upper classes demand to own guns, so they can kill these child criminals if attacked.

And, no human decency available for the woman who has been raped. No human decency for the young, impoverished woman, who became pregnant because the “religious” right denied her sex education in school, and denied her pregnancy prevention devices.

The “religious right” wants her to produce more needy, impoverished, starving children for them to rule and despise.

Washington Post
Food stamps not going anywhere soon, despite dire warnings on House floor

The lack of congressional action on food stamps could keep the $80 billion-a-year program untouched by any cuts.

That headline is supposed to lull us into believing food stamps for the poor will not be cut.

Some Republicans have said there is rampant fraud in the program and benefits are going to some people who aren’t eligible. Newt Gingrich said that people could use food stamps for anything, including trips to Hawaii. In fact, food stamps can only be used for food purchases at retail outlets. And Agriculture Department officials have cracked down on fraud in recent years.

The “religious” right believes Newt’s non-existent poor-people, nickle-and-dime fraud, and feels it’s outrageous. Is real, trillion dollar fraud by rich bankers equally outrageous. Apparently not.

House Republicans have made many different proposals that would radically overhaul food stamps — cracking down on eligibility, increasing work requirements or adding an expiration date to the program.

And after quickly moving the farm-only bill to the floor and rallying most of his caucus to vote for it, House Majority Leader Eric Cantor, R-Va., said Republicans would “act with dispatch” to get a separate food stamp bill to the floor.

The farm-only bill has the backing of the rich agriculture corporations. Not so for food stamps. They are for poor people, so the “religious” right wants to crack down on eligibility, increase work requirements and add an expiration date — just on poor-people benefits, not on rich ag businesses.

There is no consensus on how much the program should be cut or changed, and more moderate Republicans would likely balk at the bigger changes sought by conservatives.

There is no talk about easing eligibility or work requirements. The “religious” is sure that poor people are sloths, lying about in their squalid apartments, living on the dole, so they must be cracked down upon — for their own good. (By contrast, the upper .1% work hard digging ditches, collecting garbage, serving tables and otherwise sweating under cruel taskmasters — so they should be given every benefit.)

The only question is not whether a greater burden will be put on the poor, but only how much greater that burden will become. Consider the “religious” right to be an example of institutionalized cruelty and selfishness — exactly what Jesus Christ preached. Right?

If SNAP is not protected in the farm bill, or if future farm bills don’t pass, Republicans could eventually find other ways to cut SNAP — including in the annual appropriations bills that actually fund the food stamps.

For Rick Santorum and the rest of the “religious” right, it is sufficient to claim to love Jesus, so long as he isn’t required to do anything Jesus preached.

Cruelty to the poor? We religious people do it for their own good.
Poverty? The poor deserve it for being lazy.
Women? They don’t know what’s best for them. We do.
Teen girls? They should not get pregnant, but we refuse to allow them birth control.
Poor children? They have to learn to cope with reality.
Poor crime? It’s their fault for coping with reality.
Rich crime? What rich crime? The rich have earned protection from the law.
Microscopic zygotes? Though you can’t see them with the naked eye, they are far more precious than children, teen girls, women and hungry poor people.

Rep. James McGovern, D-Mass., said on the floor, referring to food stamps in the farm bill. “All of a sudden this has become a partisan issue, and the target, so that you can try to balance the budget, has been placed right on the programs like SNAP.”

Rick Santorum, one of my favorite religious hypocrites, once said, “I thank God that America still has one party that reaches out their hands in love to lift up all of God’s children – born and unborn . . .”

And which party is that, Rick? The one that reaches out its palms to the rich and reaches out its fists to the poor?

It is true that today, we have two right-wing parties. Obama himself is far right of Ronald Reagan, and like all politicians, is owned by the upper .1%. Clearly, he is a traitor to the liberal movement and a traitor to the poor. His determination to cut Social Security and other federal benefit programs, demonstrates a surprising (to many) lack of morals.

But, the “religious right” are positively fascist, the craziest, meanest group of politicians I’ve seen during my long life. Santorum, Cain, Romney, Bachmann, Palin, Paul, Gingrich — have you encountered more nuts in one package? And don’t even ask me about Scalia, Thomas, Alito, not to forget Joe Arpaio .

Given that sad reality, why the heck would anyone having less than say, $10 million in assets, vote Republican? In fact, why would any honestly religious person vote Republican, no matter how much money they have?

It’s one of life’s great mysteries.

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. 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