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.

Would you hand a child or a fool a loaded gun? No? What if the child or fool claimed their 2nd Amendment rights and the Supreme Court said, “Well, in that case, O.K.”?

If you take perverse delight in monkeys and idiots doing really, really stupid things, you’ll enjoy these first few installments of GunFAIL. [At the time of this writing, there have been 74 (!) installments.]

And, if you want to see even more stupidity, Google “gunfail” followed by the appropriate Roman numeral.

Not included, is the stupidest act of all: Newly misrepresenting the 2nd Amendment to mean that any fool can carry a loaded gun, anywhere. (Forget “well-regulated militia“.)

Thank you, our current Supreme Court, right-wing edition.

http://www.dailykos.com/story/2013/01/28/1182357/-Your-next-installment-of-GunFail-News

http://www.dailykos.com/story/2013/02/01/1182767/-GunFAIL-III

http://www.dailykos.com/story/2013/02/08/1183981/-GunFAIL-IV

http://www.dailykos.com/story/2013/02/15/1185604/-GunFAIL-V

http://www.dailykos.com/story/2013/02/22/1187476/-GunFAIL-VI

http://www.dailykos.com/story/2013/03/01/1189175/-GunFAIL-VII

http://www.dailykos.com/story/2013/03/08/1190858/-GunFAIL-VIII

http://www.dailykos.com/story/2013/03/15/1192677/-GunFAIL-IX

http://www.dailykos.com/story/2013/03/22/1194432/-GunFAIL-X

Do you feel safer, now?

Rodger Malcolm Mitchell
Monetary Sovereignty

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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 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