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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, and the motive is the gap.
Just when you think gun nuts could not possibly become more stupid, they outdo themselves. These ardent defenders of the Constitution (when it suits their purposes) have taken one more step into total insanity:
Armatix, a German company, has developed so-called “smart guns” that can only be fired by the owner. The company uses a watch that ties the owner to the weapon, called the iP1. Armatix is already selling the personalized weapons in Europe and Asia.
Belinda Padilla, president and CEO of the U.S. division of firearm manufacturer Armatix, says she was stalked and threatened by “gun enthusiasts” after she tried to bring a safer handgun to market.
She said it began with a “few fuming-mad voice mail messages and heavy breathers” that got her to stop answering her phone.
And then photos of her home were posted online.
You see, to a brave heavy breather, even a slightly safer gun is a threat.
The Oak Tree Gun Club near Los Angeles had agreed to sell the Armatix smart pistol until Calguns.net, a forum of second-amendment rights advocates, found out about the news.
“I have no qualms with the idea of personally and professionally leveling the life of someone who has attempted to profit from disarming me and my fellow Americans,” one comment said.
Actually, the level of cowardice and paranoia among gun nuts is go great, they fear virtually everything. Here is what NRA Executive Vice President Wayne LaPierre told his cheering members:
“We know, in the world that surrounds us, there are terrorists and home invaders and drug cartels and carjackers and knockout gamers and rapers, haters, campus killers, airport killers, shopping mall killers and killers who scheme to destroy our country with massive storms of violence against our power grids, or vicious waves of chemicals or disease that could collapse the society that sustains us all.”
Gun nuts need their guns to ward off all those terrorists and the drug cartels. (How many terrorists and drug cartels have you stopped lately?)
And, of course you stand in front of the electric company’s power stations to prevent killers from “storms of violence against our power grids“? (Or do you fire your gun up at lightening to prevent those “storms of violence” that knock out your electricity?)
And finally, yes, your gun will be great to have against “vicious waves of chemicals or disease.” (Shooting poisonous chemicals and bacteria takes real marksmanship.)
Have you ever seen movies of Germans joyously cheering Adolf Hitler’s insane rantings against mythical enemies? That is the picture of the NRA crowd cheering LaPierre’s mouth frothing insanity.
And then there’s gun nut Sarah Palin’s speech, also to the NRA:
“Actions to stop terrorists who’d utterly annihilate America and delight in massacring our innocent children? Darn right I’d do whatever it takes to foil their murderous jihadist plots – including waterboarding.
“If I were in charge, they would know that waterboarding is how we baptize terrorists.”
To this gun nut, torture is akin to the religious rite of baptism.
But, as the saying goes, “What goes around, comes around.” After Sarah Palin wrung her hands about a terrorist “massacring our innocent children” we get this:
(An) unidentified Georgia man with a gun in his holster brought a baseball game to a screeching halt at a Forsyth County park this Tuesday, after he refused to leave a parking lot overlooking the field.
“He’s just walking around [saying]’See my gun? Look, I got a gun and there’s nothing you can do about it.’
He knew he was frightening people. He knew exactly what he was doing,” mom Karen Rabb told WSB-TV. “He scared people to the point where we stopped the game, took the kids out of the dugout and behind the dugout, and kind of hunkered down.”
If it weren’t so sad, the irony would be delicious:
One day after the incident, Gov. Nathan Deal signed Georgia’s House Bill 60, which allows licensed gun owners to carry their weapons in bars without restriction and in some churches, schools and government buildings under certain circumstances.
“Bars” is good. What could possibly go wrong when a drunk has a gun? After all, that drunk is going to protect us against bacteria and power outages.
And kids playgrounds is even better. If an angry father disagrees with an umpire’s call, he can just blow that umpire away. Haven’t we all felt like doing that.
And what if the kid pitcher hits your kid with a pitch. Good thing you have your trusty .45 handy. Blammmo!
But there’s more:
Yes, it’s a community where we cling to our religion and our guns,” said Georgia House Speaker David Ralston.
I must have missed the part of the bible where it talks about everyone carrying a killing machine, everywhere. Must be the New, New Testament.
But finally, a little common sense?
“When I was reading my son’s story last night, he turned to me and said ‘Mommy, did that man want to kill me?'” said Rabb. “I own a gun. I have no problems with the Second Amendment. But they do not belong in a parking lot where we have children everywhere. If you want to make a statement, go to the Capitol.”
Right, don’t endanger our kids (Even though the Constitution clearly states that everyone should be able to carry any gun, anywhere. Right?)
Instead, do as Mrs. Rabb says. Go to the Capitol and shoot some politicians.
Finally, a voice of reason.
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. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (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
Vertical gray bars mark recessions.
As the federal deficit growth lines drop, we approach recession, which will be cured only when the lines rise. Federal deficit growth is absolutely, positively necessary for economic growth. Period.