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

Mitchell’s laws:
●Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.

●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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As usual, the moneyed interests are intent on beating up anyone who isn’t rich. And, as usual, the excuse is taxpayers’ money.

But it isn’t the money; it’s the votes:

GOP: Obamacare ‘bending over backwards’ for illegals

“The Obama administration is bending over backwards to give Obamacare to illegal immigrants but won’t protect hardworking American citizens who are losing their health care coverage,” said Sen. David Vitter, Louisiana Republican and an outspoken critic of President Obama’s health care law.

Translation: “My heart breaks for those ‘hardworking American citizens.’ I have tried to help them by voting to eliminate Obamacare, while providing them with nothing to replace it. I hope they appreciate my efforts.”

“The Obama administration has been granting deadline extensions, making excuses and turning a blind eye to falsified documents by illegal immigrants,” Vitter said. “Enough is enough, and they need to provide answers to why they think illegal immigrants should be eligible for Obamacare.”

Translation: “Yes, I know. Immigrants are human beings. Their children are human beings. If we deny them medical care, they will sicken and die young.

“And, yes I know, it would cost American taxpayers $0 (that’s zero, zip, zilch) to provide comprehensive Medicare to every man, woman and child in America. Our government, having created the dollar in the first place, never runs short of dollars.

“But it isn’t the money (although I pretend it is). It’s the votes.

“Those immigrants are having kids, and those kids one day will vote, and those kids know we right wingers can’t stand the sight of them and never miss an opportunity to screw them. And, being intelligent, those kids will vote against us.

“We have to do everything to make life more miserable for them than it already is, so they’ll ‘self-deport,’ as my hero Mitt Romney used to say.

“That’s why I always appeal to the lowest instincts of humanity and vote against any benefits for those aliens.”

The administration also has promised to make illegal immigrants repay the government for Obamacare benefits they redeemed during the extended document check.

Translation: The American people who voted for Obama thought they were electing a liberal. Gotcha! He’s to the right of Reagan, and much, much lower on the “decency” scale. (Where is Elizabeth Warren when we need her?)

Centers for Medicare & Medicaid Services spokesman Aaron Albright told The Washington Times that the administration had made significant progress verifying immigration documents and sent cancellation notices last week to people who hadn’t produced documents.

“We are committed to assisting consumers and protecting taxpayers by helping to ensure those who are enrolled in Marketplace coverage meet the eligibility requirements.”

Translation: “I know that kicking people off Medicaid has nothing whatever to do with ‘assisting consumers’ amd even less to do with ‘protecting taxpayers,’ but you don’t know that. So, I can lie and get away with it, and the lie makes me sound so very holy, when in fact, I’m a cruel bastard, who cares nothing for human life.”

Barack Obama, America’s “Deporter in Chief,” is the ultimate wolf in sheep’s clothing.” He talks much and does little for the weak and powerless.

In his case, it no longer is the votes. It isn’t even taxpayer’s money. It’s the money he and his family will receive after he leaves office. And that money does not come from immigrants.

That money comes from the people whose primary goal in life is to widen the gap between the rich and the rest.

Meanwhile, middle America believes that denying benefits to the lower income groups will, in some mysterious way, benefit the middle class.

But you middle-class folks don’t seem to remember that trite old saying, “What goes around, comes around,” and the meanness you visit on the immigrants will, very soon, come back to bite you in the butt.

The rich will see to that.

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

Mitchell’s laws:
●Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.

●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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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. 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)

The Ten Steps will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.
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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 growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY