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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.
The other night, on the 60 Minutes TV show, Amazon founder and CEO Jeff Bezos revealed he was developing drones that would deliver 5-lb packages to your house in under a half hour.
Order that book or weight/size equivalent and a half hour later, it’s in your hands. A bit slower than a Kindle, but especially impressive for non-book items.
Obviously lots of problems to be worked out: Package dimensions, the cost of the carrier, reliability of the drones, FAA clearances, trees, weather — the list goes on and on. But yesterday’s impossible is today’s necessary and tomorrow’s passe, as yesterday’s Cathode ray TVs and today’s smart phones have demonstrated.
So, I’m guessing Bezos will do it. And when he does, here’s where you can make a bundle: Drone garages.
Cars are parked in garages to protect them from weather and thievery. Before there were cars, garages did not exist. Now garages are everywhere. And they’re not little things. A tiny garage is 500 square feet, and 10 feet tall.
So (you guessed it) we will need drone garages, to protect our packages from the weather, mishaps and thieves. (You don’t want that drone dropping your package into a snow bank or on top of your car parked in the driveway, do you?)
Some of the features of a drone garage might be:
1. Your drone garage should be large enough to accommodate a drone with a package.
It’s probably bigger than what the above pictures indicate. Maybe as big as a car garage, as drone delivery expands.
Initially though, I suspect your drone garage will be mounted on a pole, ala bird houses. Later, it probably will be an integral part of your house.
2. You’ll want a radio-controlled door the drone can open before it enters, and closes when it leaves.
When drone delivery catches on, Amazon won’t be the only one to do it. So who owns the garage door opener? I suspect you’ll set up a code with each retailer — something like online ordering — and the drone will be given a one-time access to your drone garage.
3. Also, the door may have multiple openings large enough (and high enough?) to fit the drone, but not fit any strangers walking by (You don’t want strangers wandering into your drone garage.) The drone could signal your garage what size opening to provide.
4. Your drone garage probably would need a homing beacon. Google Maps/Navigation might get the drone in front of your house, but a beacon would be needed to find the door.
5. And then there are apartments. Drone garages could be mounted in windows, and fortunately, you invested in that beacon (#4), so the drone would have no trouble finding your garage.
6. Your drone garage should be heated, air conditioned and refrigerated, in case the drone delivers something cold- or heat-sensitive. And what about delivery of food? That’s where a refrigerator comes in.
7. Your garage should signal your smart phone that a delivery has been made, and if it’s a “smart garage,” it will bring the package right into your house
So there it is: Your million dollar business. Drone garages. No one should be without one.
(When you get the patents, please make sure I receive my share.)
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 federal deficit growth lines drop, we approach recession, which will be cured only when the lines rise.