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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.
“When Pilate saw that he was getting nowhere, but that instead an uproar was starting, he took water and washed his hands in front of the crowd. ‘I am innocent of this man’s blood,’ he said. ‘It is your responsibility!’”
A conservative rebellion forced House leaders to pull their border bill from consideration on Thursday, leaving the GOP in disarray and putting pressure on President Obama to try to handle the situation without any extra money or powers from Congress.
Mr. President, we are washing our hands of the problem. You solve it.
Of course, you get no money to do the job, and remember, we are suing you, because you take things into your own hands. Gotcha!
Republican leaders in the House vowed to “continue” working on the crisis, and said it was “possible” they could still vote later Thursday, but the prospects appeared dim. Unless they come up with a solution in a few hours, they will go home for a five-week summer vacation leaving Mr. Obama to have to figure solutions out on his own.
We have accomplished so much, we deserve a vacation from our long, arduous efforts. By the way, for you people who actually work (when you can get a job), we are cutting unemployment and Social Security. The federal government can’t afford to pay for laziness.
“This situation shows the intense concern within our conference — and among the American people — about the need to ensure the security of our borders and the president’s refusal to faithfully execute our laws. . .”
Yes, we have to secure our borders, because you know how all those Mexicans and Hondurans are shooting rockets at us and tunneling into our country, to kidnap and kill our citizens and suicide bomb us.
We want the President to execute the laws we don’t want to pass.
“(We want to) ensure these children are returned swiftly and safely to their countries.”
Mr. President, deport them swiftly to where they safely can be raped and murdered, or if they manage to survive, live in hopeless poverty. We are the compassionate party.
The House bill had included only a fifth of the money Mr. Obama requested, and would have made it easier to deport illegal immigrant children. GOP leaders even scheduled a vote on a bill to freeze the president’s non-deportation policy for young adults.
We care about children. We truly do. (We also care about women, gays, the poor, blacks, browns and people whose sincerely held religious beliefs differ from Hobby Lobby’s.) We are the caring party.
Senate Democrats, meanwhile, are having trouble with their own border bill, (that) even some Democrats say are necessary to begin stemming the flow.
We Democrats have to stem that flow, because you know, there is no room on this life raft. You children simply will have to jump back into the ocean and swim for your lives. Please watch out for the sharks.
Democrats said the focus should be on the humanitarian situation facing the children back home in El Salvador, Honduras and Guatemala, rather than on speeding up deportations in the U.S.
We Democrats are the humanitarian party. Pay no attention to that man behind the curtain, you know, President ‘deporter-in-chief,’ who formally has deported more people than any President in our history. He will “stem the flow” of drowning children begging to climb onto our little life life raft.
“The American people are fair minded; they are wise; they are practical; they want to help,” said House Minority Leader Nancy Pelosi. “They want to feed the children. There are not enough resources here to do that on the humanitarian side.”
Not only is there no room on this life raft, but we don’t have enough food, clothing and housing for ourselves, let alone to take care of you children. As John Boehner said, ‘Let’s be honest. We’re broke.’”
It’s a lie, but you know . . . wink, wink.
(The President) may have to use even more unilateral action to try to speed up some deportations — a power the White House has said it may have, but which it has been reluctant to tap.
Presumably, the Republicans won’t sue the President for using that unilateral action — unless of course, it isn’t cruel enough to send the kids back to hell.
Perhaps, we can get some National Rifle Association members to shoot the kids — in self-defense, of course.
Is it possible for our leaders to be more disgusting? Or are they just doing what the American voters want?
Where are the protests?
Rodger Malcolm Mitchell
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. Tax the very rich (.1%) more, with higher, progressive tax rates on all forms of income. (Click here)
9. Federal ownership of all banks (Click here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (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 growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.