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●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.
John Kass, is a reliably right-wing columnist for the reliably right-wing Chicago Tribune. As a right winger, he hates gun control.
He has written many articles about how a couple dozen people in America have defended their homes with guns, conveniently ignoring the hundreds of thousands of Americans who have been murdered with guns.
Kass sneers at (his words) “U.S. Rep. Diana DeGette, of Colorado, who said that her proposed ban on the sale or transfer of magazines holding more than 10 rounds would reduce violence.. . . the ignorance of some lawmakers, including a lead House sponsor of a proposed federal ban on high-capacity magazinesd.”
You see, guns aren’t enough. Kass wants everyone, including your crazy neighbor, to have machine guns as part of their 2nd Amendment rights. What next, John, bazookas?
Anyway, my black sense of humor was tickled when I read of gun-lover Kass’s outrage that police had Tased and shot beanbags at a 95-year-old man, killing him:
“General guidelines for the (beanbag) weapon suggest one should never be fired 15 feet or less from the target.
“But . . . police may have fired well within that distance.
“No doubt, old people can sometimes become violent, especially when they’re frustrated or scared. (But) why didn’t they just wait him out?
“He wasn’t going anywhere. All they had to do was close the door and wait for him to fall asleep.
“He didn’t deserve what came to him.”
Police are selected for qualifications, then trained for weeks, perhaps months, then have years of daily, on-the-street experience in the proper use of weapons and in how to handle difficult situations.
Yet these selected and trained police Tased and beanbagged a 95 year old man to death.
The gun nuts, like Kass, want school teachers to carry guns. Imagine what a school teacher, with limited-to-no training and no experience, and no real knowledge of “guidelines,” would do with a gun — a gun having a high capacity magazine, no less — if confronted by an unruly teenager.
Another George Zimmerman?
Chicago’s price tag for legal claims against its police force is climbing and has already surpassed the $27 million the city set aside for this year.
The largest settlement this week was for $4.5 million to the family of 22-year-old Rekia Boyd. (She) was walking down the street on March 21, 2012, when an off-duty police detective sitting in his own vehicle got into an argument with a group of men nearby.
Thinking one of the men had a gun as he approached his vehicle, the detective “started firing blindly over his shoulder,” with one of the bullets striking Boyd in the head, killing her. “She had nothing to do with any of it”.
Selected, trained and experienced police officers repeatedly violate laws, including gun-related laws. Yet, the gun nuts want everyone to carry a gun. Visualize millions of stupid, untrained, anger-management candidates, all carrying guns.
In short, imagine John Kass carrying a gun.
Rodger Malcolm Mitchell
Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Send every American citizen an annual check for $5,000 or give every state $5,000 per capita (Click here)
4. Free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually
8. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)
9. Federal ownership of all banks (Click here)
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
THE RECESSION CLOCK
As the lines drop, we approach recession, which will be cured only when the lines rise.