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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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First let me admit my own bigotry. I despise the National Rifle Association (NRA). I believe this group has been responsible for more American deaths than has Al-Qaeda.

No need to argue with me. I could quote facts, and gun lovers could quote their facts. But, there are certain things beyond rational argument: religion, abortion and guns, to name three.

In previous posts I suggested what I thought was a possible solution to gun violence:

Is gun control possible? (Friday, May 21 2010) and The constitutional solution to gun violence, that scares the hell out of the NRA (Wednesday, Sep 18 2013)

The solution given in these posts was: “Make each manufacturer, seller or provider of a gun liable for the use of that gun.” Several logical reasons were given for this corollary to the “dram-shop” ordinances used to address alcohol misuse.

But for those who twist the meaning of “well-regulated militia,” or who believe the NRA slogan, “Guns don’t kill people; people kill people,” what chance would logical argument have?

That said, here is another familiar quote from the NRA’s executive vice president, Wayne LaPierre “The only thing that stops a bad guy with a gun is a good guy with a gun.” Within this quote may lie a solution to a problem.

What LaPierre seems to be telling us is:

1. Bad guys, carrying guns, need to be stopped.
2. The only way to stop them is with a gun held by a good guy.

How does a good guy with a gun stop a bad guy, who also is carrying a gun? By shooting the bad guy, before he can shoot any good guys.

Given that solution, we are left with one simple problem. How do we identify the good guys and the bad guys?

To date, gun control advocates have focused on background checks, which the NRA sees as a secret plot to take guns away, or to give the government a list of gun owners, for some devious purpose.

So how do we “stop” bad guys with guns, if we don’t know who they are?

There really is only one way to identify bad guys and to prevent these bad guys from obtaining guns and from shooting people: Convince the bad guys to self-select. We have to convince them that shooting someone or even carrying a gun, would be a bad idea.

Here, in common English, is the bare bones of a suggested law. (I’m sure the politicians could translate it into appropriate legalese):

Any person who commits a felony while carrying a gun, shall be sentenced to a prison term of 20 years to life, in addition to the term for the felony itself.

Example: You rob a store, while you are carrying a gun. The judge sentences you to two years in jail. Ordinarily, you’d be out of jail in about 18 months.

But with the above law in force, you’d serve at least 22 years (“20-years-to-life” means a minimum of 20 years).

Too harsh? Not at all. Wayne LaPierre wants to shoot those bad guys. This law mercifully only jails them.

Good guys should welcome this law. It says nothing about taking away your guns. It allows you to stockpile all the guns you want — pistols, rifles, shotguns, AK47s — whatever feels good to you.

The only ones punished are the bad guys — the felons. And although the law doesn’t require shooting them, it will keep them off the streets and even make them think twice before carrying guns.

In the mean streets of many cities, it’s become a badge of honor, not at all a deterrent, for a gangbanger to spend a couple years in jail, get his tattoos, then come out and start shooting again.

But 20+ years? That’s a whole different ballgame.

LaPierre might object that the proposed law doesn’t ask good guys to shoot bad guys — just jail them. But I think he’ll like the rest of the law

1. It identifies the bad guys, without good guys having to undergo background checks.
2. Good guys can keep their guns.
3. Bad guys are “stopped,” without the need for good guys to start a dangerous shootout, in which innocent good guys could be killed.
4. The long jail sentence could dissuade bad guys from carrying guns.

It’s a solution that accomplishes everything Wayne LaPierre and the NRA wants, and nothing they don’t want. It evolved directly from LaPierre’s own words.

The man is a genius.

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)

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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