–Suggestions on how al Quada can destroy America

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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 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.

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How can al Qaeda destroy America?

Not by crashing airplanes into two New York skyscrapers. That killed four thousand people out of a total of 300 million. (It also resulted in drones killing lots of al Quada. Not a good net result for a terrorist.)

Not by planting the occasional bomb, for instance at the finish line of a marathon. That’s not going to destroy the most powerful nation in world history. And, not with sarin gas or anthrax. Those would be mere pinpricks on an elephant’s tail.

The heart of America is the American economy. To destroy America, al Qaeda must destroy the American economy. How could they do that?

1. Al Qaeda could tell Americans the economy’s money source — the federal deficit — should be shut down.

Al Qaeda could help brainwash the populace into believing falsely, that federal finances are like personal finances, in which debt is a danger. People must not be allowed to understand that federal deficits are the government’s method for growing the economy, and that taxpayers do not pay for those deficits.

Above all, do not allow Americans to understand: GDP = Federal Spending + Non-federal Spending + Net Exports.

2. Al Qaeda should turn Americans against each other. Spread the myth that the poor are “takers” and that the rich are “makers.”

Tell the populace that people without health insurance are at fault for their own misery, as are the unemployed, the ill-educated, the ill-housed and the ill-fed.

Al Qaeda should tell Americans the BIG LIE, that federally supported health care, unemployment insurance, food stamps, food and drug regulation, bank and financial market regulation, and most other federal spending are unaffordable, encourage sloth, discourage self-reliance, and must be paid for by American children.

Fool the people into supporting “debt ceilings,” increased FICA, “broadening” the tax base, the sequester, elimination of the Affordable Care Act, reduced Social Security benefits, reduced aid to education and reduced aid to the poor and “Go Big” (on deficit reduction).

Tell people to ignore the words of William Dudley, President of the New York Federal Reserve Bank, who on September 23, 2013, said:

In particular, it is still hard for those who are unemployed to find jobs. Currently, there are three unemployed workers per job opening, as opposed to an average of two during the period from 2003 to 2007.

Al Qaeda should hide the fact that not only is American unemployment still near highs, but low-paying, part-time work is well above record highs.

monetary sovereignty

(None of this paints a picture of a lazy workforce, looking for government freebies, rather than working. Instead, it is a picture of economic desperation — former executives as Walmart greeters — exactly what al Quada should support.

3. By turning Americans against each other, and by widening the gap between the rich and the rest, al Qaeda could foment civil disobedience, which when met with resistance, even could devolve into revolution (God willing), with Americans killing Americans. (They could name it the “American spring.”)

4. Al Qaeda should help arm Americans, to make it easier for us to kill each other. Mischaracterize the 2nd Amendment, which specifically refers to a “well-regulated militia” and was written at a time of muskets and swords, to mean that every American should carry high powered guns with large ammo clips, everywhere we go.

In this way, Americans will do what al Qaeda wants done, but has been unable to do: Kill thousands upon thousands of Americans. And as the killing increases, more Americans will be persuaded to carry even more lethal guns for “self-defense,” in an unending, upward helix of murder, defense and more murder.

5. Al Qaeda should support the radical ideas promulgated by The Committee for a Responsible Federal Budget, the Club for Growth, the National Rifle Association, the Koch Brothers, Erskine Bowles and Alan Simpson, Pete Peterson and other right-wingers who favor activities helpful to al Qaeda’s goals.

Instead of working alone, al Qaeda should seek out those already helping to destroy America, and work with them. The first step might be to contact U.S. Senator Ted Cruz (R-TX).

Just a thought.

Rodger Malcolm Mitchell
Monetary Sovereignty

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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
Monetary Sovereignty Monetary Sovereignty

As the federal deficit growth lines drop, we approach recession, which will be cured only when the lines rise.

#MONETARY SOVEREIGNTY

11 thoughts on “–Suggestions on how al Quada can destroy America

  1. Hey Rodger, this is brilliant. Can I please post this at DailyKos? Obviously, I’ll provide credit and links back here, but I just think the way you turned this concept on its head is too thought provoking not to be shared with our “progressive” friends. Thanks, let me know.

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  2. #1 is spot on. Maybe Al Qaeda could team up with Pete Peterson?

    #4 should be changed to “continue the war on drugs,” since about half of violent crime is drug-related and about half of inmates are doing time for drug related “crimes,” while there is no correlation between guns and homicide rates.

    When prohibition was repealed, the homicide rate fell off a cliff. Likely the homicide rate would dramatically fall again if we de-criminalized drugs, so it would benefit Al Qaeda to continue the war on drugs and encourage people to scapegoat the NRA, instead.

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  3. Dan,

    Agreed re. the “war on drugs.”

    Disagree re. gun ownership, although there’s an accelerant involved: Poverty. Combine guns and poverty, and you have the perfect mixture of two chemicals that explode on contact.

    The south side of Chicago is a perfect example of guns yielding murders in poor areas. These kids would not be killing each other, without guns.

    If there were zero guns, there would be zero gun murders, so to say, “there is no correlation between guns and homicide rates” is mathematically wrong on its face.

    It’s like saying that all ten thousand gun murders in the U.S. would have happened without guns.

    The handy availability of a machine designed for easy killing, makes increased murder psychologically inevitable.

    Don’t buy into the NRA bullshit and phony statistics. Guns kill. Guns maim. Guns destroy lives and families.

    The NRA has been responsible for more American deaths and disabilities than has al Qaeda.

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    1. If that’s the case, it may be to solidify demand, as very few people demand the Ukrainian hryvnia.

      The real question is, why does the Ukraine sell bonds at all? This relates to the question, why does the U.S. sell bonds.

      Neither nation needs to.

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      1. I can explain that. The USG sells bonds because it acts as the Investment of Last Resort. Because bond rates are generally at (or recently BELOW) inflation), you don’t actually gain wealth by buying bonds, but you also aren’t keeping it in your mattress where the Army isn’t really going to protect you from theft. The police will, but they’re not a preventative force, they’re reaction-oriented.

        So, what purpose is served on the Government’s side? It’s a voluntary transaction, so both sides should be gaining a benefit out of it, and as it happens, this is so. It takes pools of excess money out of the economy, money sitting around in the economy is inflationary, money held by the Government isn’t. Sounds strange, but it’s true, giving money to the USG is the equivalent of destroying it. And when the USG spends money, it’s perfectly legitimate to perceive that money as new fiat currency.

        Now, the point can be raised that this idea of destruction/creation cannot be true in the case of bonds, aren’t they present on the balance sheets of the people who bought them? This is correct but there are three reasons why this actually shows that the above idea is true.

        1. The presence on the bond purchaser’s balance sheet is negative, they have bought a bond, so their instantaneous cash on hand is reduced by the amount of the bond purchase. They currently have less money available than they did previous to purchasing the bond.

        2. Government spending does not depend on government income. There’s no coupling between income and outgo. The Government isn’t spending the money they receive for the sale of the bond.

        3. Bonds cannot be (generally) called in prior to maturity. The money cannot ‘return’ to circulation until the bond is fully mature.

        4. When the bond is mature and is paid ‘back’, the interest rate closely followed inflation so the value of the currency that is returned is roughly the same as the value of the currency that was used to purchase the bond.

        So, there you go. Purchasers get a more secure mattress, Government removes pools of excess money from the economy.

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  4. Congradulations, IF ONLY the people were to challenge it or endorse it !
    ” ***** “Believe nothing merely because you have been told it…But whatsoever, after due examination and analysis,you find to be kind, conducive to the good, the benefit,the welfare of all beings – that doctrine believe and cling to,and take it as your guide.”- Buddha
    P.S. Al Qaeda need only do one thing and accomplish its mission-Become a corporation and form a superpac.
    OR perhaps simply become “The Biggest Bank which would at a rate of increase over time “own the country while having its people in servitude”.

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