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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.
What is the most serious life-threatening disease in America and the world?
According to Wikipedia:
A disease is an abnormal condition that affects the body of an organism. It may be caused by factors originally from an external source, such as infectious disease, or it may be caused by internal dysfunctions, such as autoimmune diseases.
In humans, “disease” is often used more broadly to refer to any condition that causes pain, dysfunction, distress, social problems, or death to the person afflicted, or similar problems for those in contact with the person.
Diseases usually affect people not only physically, but also emotionally, as contracting and living with many diseases can alter one’s perspective on life, and one’s personality.
The single most serious, life-threatening, life-taking disease in America and the world is poverty.
Poverty is an abnormal condition that affects people physically and emontionally. Poverty causes pain, dysfunction, distress, social problems, or death to the person afflicted, and similar problems for those in contact with the person.
More people are infected with poverty, and more people die from this disease, than from any other. It poisons and kills men and women. It kills children of all ages. It shatters entire families, even entire neighborhoods.
Excerpts from ScienceNews Magazine, December 14, 2013
Heal Thy Neighbor
BY Bruce Bower
The women of Mohmandara, in eastern Afghanistan, met at a local health clinic. Mental health workers had heard village women talking to each other about “feelings of sadness” and “worrying too much.”
The village women described being beaten and harassed by their husbands, who were spurred on by their mothers and sisters. Families were imploding. Everyone agreed that unemployment and poverty lay behind the surge of domestic violence.
Many people living in impoverished communities suffer from a mix of mild to moderate depression, anxiety disorders and stress reactions to traumatic experiences.
Many people have endured episodes of depression set off by lifelong poverty and social mistreatment
There are cures for the poverty disease, but strangely, they are not being administered, mostly because of the belief that victims are at fault for their own misery.
Consider these questions:
If you knew someone deathly ill from influenza, would you blame them for their illness? Would you withhold treatment because, “It’s their own fault. They should have taken a flu shot.”
If you knew someone dying of lung cancer, would you withhold treatment because they smoked?
Should medical help for your overweight friend, who is dying from heart disease or stroke be withheld because, “It’s his own fault”?
And what about children? Under what circumstances should help for sick children be withheld?
Poverty disease does not affect only those directly afflicted. Poverty disease causes crime, which causes more crime, which affects everyone, including those not impoverished.
Poverty is a communicable disease:
Scientific American Magazine, January 2014
Excerpts from Our Unconscious Mind
Professor John A. Bargh
Imitation instructs people what to do next: waiting patiently in a long line encourages others to do the same; holding a door for a neighbor, curbing on’es dog and not littering put others in a frame of mind to do the right thing.
Unfortunately, the natural tendency toward imitation cuts both ways. Researches placed graffiti on an alley wall, which led to an increasde in littering.
Research supports the “broken window” theory most famously championed by former NYC mayor Rudy Giuliani, who promoted the strict enforcement of laws against minor infractions — littering, jaywalking and vandalism; the dramatic drop in crime has been attributed, in part, to this policy.
Every day of your life, you pay for crime committed by poverty.
You pay for lost goods and services. You pay for insurance. You pay for police, courts and jails. You pay for lost lives, both of victims and perpetrators. You pay for the loss of benefits society would have received, had poverty-encouraged criminals led honest lives.
And think of the children, who suffer from poverty disease today, will suffer tomorrow, and will make you and the world suffer with them.
Poverty not only is the most common disease, and not only the most expensive disease, but poverty is perhaps the most treatable disease.
Poverty can be treated with money, with education, with housing, with food, with health care — all of which can be supplied by the federal government at no cost to anyone.
In fact, fighting poverty can add money to the economy, which in itself will benefit us all.
Yet, we allow this disease to destroy lives. We say the impoverished are to blame for their own poverty. We say helping the poor encourages sloth. We say it’s not fair to give to people what they should acquire for themselves.
We cured smallpox. We are close to curing polio. We fight cancer and heart disease. Yet, we allow poverty disease to kill, maim and cause suffering, while we blame the victims.
But we — all of us — are victims of this most terrible of all diseases.
Rodger Malcolm Mitchell
Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded 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) Or institute a reverse income tax.
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.