–This is your life in the America of guns

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

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,
and the motive is the gap.
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This is your life in the America of guns.

Wayne LaPierre, executive vice president and CEO of the National Rifle Association: “The only thing that stops a bad guy with a gun is a good guy with a gun.”

Which is the bad guy and which is the good guy? Quickly. Decide. Decide. Decide. Your life may depend on it. What will you do next, as each stranger approaches?

monetary sovereignty Are these good guys or bad guys?

EVERYWHERE YOU GO

monetary sovereignty Are these good guys or bad guys?

EVERYWHERE YOU GO

monetary sovereignty Are these good guys or bad guys?

EVERYWHERE YOU GO

monetary sovereignty Is he a good guy or a bad guy?

EVERYWHERE YOU GO

monetary sovereigntyIs he a good guy or a bad guy?

EVERYWHERE YOU GO

monetary sovereignty Is he a good guy or a bad guy?

EVERYWHERE YOU GO

monetary sovereigntyIs he a good guy or a bad guy?

EVERYWHERE YOU GO

monetary sovereignty Is a good guy or a bad guy next to your baby?

EVERYWHERE YOU GO

monetary sovereigntyIs he a good guy or a bad guy?

EVERYWHERE YOU GO

monetary sovereignty Are they good guys or bad guys?

EVERYWHERE YOU GO

monetary sovereignty Is she a good guy or a bad guy?

EVERYWHERE YOU GO

monetary sovereignty Are they good guys or bad guys?

EVERYWHERE YOU GO

monetary sovereignty Is he a bad guy or a good guy?

EVERYWHERE YOU GO

monetary sovereignty Is he a bad guy or a good guy?

MONETARY SOVEREIGNTY
——-YES, I HAVE A GUN. SO, WHAT ARE YOU GOING TO DO ABOUT IT?——-

EVERYWHERE YOU GO

How stupid must it become before we wake up?

EVERYWHERE YOU GO

There are solutions.

Rodger Malcolm Mitchell
Monetary Sovereignty

====================================================================================================================================================
Ten 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. Tax the very rich (.1%) more, with much higher, progressive tax rates on all forms of income. (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

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.

#MONETARY SOVEREIGNTY

14 thoughts on “–This is your life in the America of guns

  1. Brilliant note::

    Savage

    Who is the good guy? and who is the bad guy? Ask the people of Albuquerque NM Where the Police have shot and killed 5 unarmed and non-aggressive people in the last couple of months. If you are so afraid of guns why don’t you move someplace that has banned them. Like China or the Sudan!
    Oh P.S. You are still a moron!!! It’s a damn good thing you have no say in how the economy is operated. Hint… There ain’t no such thing as a free lunch!

    Like

    1. True, up to a point. In these specific pictures, though, I think people would have different opinions based on their own cultural experiences.

      In DC, or New York, or Boston, or Hartford, these people would be “out of place”, and I think the first reaction of the natives would be that they shouldn’t be carrying or wearing guns, and were therefore suspicious.

      In Anchorage, or Moab, or Cheyenne, the ones who look like ordinary Americans would appear “right at home” with or without guns. Some of the pictures showing people carrying assault weapons appear to be from the movies, or to be policemen or soldiers outside the US. In Egypt we had armed guards on the train, carrying assault weapons. I saw similar guards, similarly armed, on the pier in one port in Mexico. What would have been startling in a US city was normal there, for good reason, and a welcome sight to American tourists.

      The stereotypical bad guy doesn’t display his weapon until he is about to use it, preserving the element of surprise. Except for the pictures that look like they came from the movies, nobody in these pictures looks like they are about to use their weapons.

      If you were being mugged in a US city, surrounded by people like the ones in these pictures, plus some middle-aged white guys in $1000 suits, and some chic well-dressed white women, who would you expect to come to your aid? I’d suggest that is a better context for judging good guys and bad guys. And maybe a sort of wake-up call for Northeastern 1%ers.

      Relative to “the gap”, I didn’t choose the cities I mentioned above at random, or by what I think their gun laws are like, or the attitude of their citizens toward guns. According to http://en.wikipedia.org/wiki/List_of_U.S._states_by_Gini_coefficient
      DC, New York, Connecticut, and Massachusetts are the four with the highest GINI coefficients, the most inequality. Utah, Alaska, and Wyoming are the three with the least inequality.

      Politically aware readers will recognize which are the “red” states and which are the “blue” states. It is striking that the states who try the hardest to eradicate inequality, who have the highest taxes on “the rich” and the most generous safety nets also have the highest inequality. Maybe it would have been worse but for their efforts, but one is forced to consider that there might be other factors, and a lot more study is warranted before one can conclude that the solution to inequality lies in blue state economic policies, along the lines of Rodger’s 10 steps.

      There are also web sites that list GINI coefficients by counties.

      Click to access acsbr10-18.pdf

      http://blogs.lib.uconn.edu/outsidetheneatline/2014/01/28/gini-index-of-income-inequality-for-u-s-counties/

      Within nearly every state, there are counties with high GINI and counties with low GINI, casting further doubt on the notion that inequality is policy-determined, and begging for further study.

      What, one might wonder, prompted me to post this at this late date? It was reading today’s rant by Randy Wray at http://neweconomicperspectives.org/2014/05/need-taxes-mmt-perspective.html

      I don’t disagree with his economics at all, but I was struck by his use of silly-sounding redneck-type names in the piece. (He was also condescending and disrespectful of those who disagree with his economics, but that is par for the course with Randy, and I’m used to it. He even wrote once “no disrespect meant”, which Bill Black might recognize as unintentional self-parody.) I learned a long time ago, serving in the US Navy, that you can’t assume a person’s intelligence is low because of how they dress, or because they speak slowly and with a Southern accent. And even before that, I learned that someone who is out to cheat you is just as likely, perhaps more so, to be well-dressed and well-spoken, without a discernible accent. Traveling throughout the US in my RV for the past two years, I have been impressed by the politeness, friendliness, kindness, and respect I’ve been shown in places where the people have names like Billy-Bob, and dress like some of the people in the pictures above. Even though it is obvious to them that I’m a da**ed Yankee. Not so much in the areas where folks consider themselves more sophisticated, like Chicago and Kansas City.

      Like

      1. Sadly, for a scientist, Randy is very loose with his terminology, when he says “government.”

        Long ago, I reminded him that even if his hypothesis of taxes providing demand for money were true, the state and local governments impose sufficient taxes for that effect.

        So, federal taxes indeed are unnecessary for any purpose — unnecessary to fund spending and unnecessary to provide demand for dollars.

        Randy has an extremely low boiling point, probably from encountering so many people who seem not to “get it.” I don’t think he yet understands that the leaders who seemingly don’t “get it,” are bribed not to “get it.”

        So he is frustrated by what he perceives as ignorance.

        Anyway, if you really want to get a rise out of him, tell him that Jobs Guarantee makes no sense — then stand back.

        Like

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