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●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The more federal budgets are cut and taxes increased, the weaker an economy becomes. .
●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.
●Austerity is the government’s method for widening the gap between rich and poor.
●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.
●Everything in economics devolves to motive, and the motive is the Gap.
The protesters are marching against the wrong guys:
Protesters flood California highway, throw rocks, bottles at officers, police say
By Holly Yan and Joe Sutton, CNN
updated 10:04 AM EST, Mon December 8, 2014
(CNN) — From the streets of California to the stores of New York City, protesters are making sure no one forgets the case of Eric Garner (Staten Island, New York).
But some are doing so more violently than others.
Demonstrators flooded a highway in Oakland, California, late Sunday night, prompting a heated standoff in the freeway between protesters and the California Highway Patrol.
Some threw explosives, bottles and rocks at officers, authorities said. Highway Patrol Sgt. Diana McDermott said it wasn’t clear what type of explosives were thrown, but she said some in the crowd had Molotov cocktails and M-80 firecrackers.
Michael Brown, an unarmed black teenager, was shot and killed on Aug. 9, by Darren Wilson, a white police officer, in Ferguson, Mo., a suburb of St. Louis. The shooting prompted protests that roiled the area for weeks. On Nov. 24, the St. Louis County prosecutor announced that a grand jury decided not to indict Mr. Wilson. The announcement set off another wave of protests.
In New York and Missouri, and all over the nation, people protest the police shooting of unarmed black men. Meanwhile:
figman: Go to work people it’s healthy for you idiots to learn to be independent!!!
Kristine6: Why don’t these protestors actually contribute to society in a positive way and get jobs??
Sheldongirl: Not doing anything except inconveniencing their fellow Staten Islanders. Dumb.
Wowza: Let the people who pay for your government cheese and welfare checks get through so they can get to work- so in turn you can continue to protest and not work. Losers.
siperson: Don’t these people have a job? Oh wait a minute . . . what the heck was I thinking?
mscan19037: The Grand Jury made a decision and said this case is over … it’s over! Law & order won. Now go home and start being respectful if the police ever they stop you. Better yet, don’t do anything that would give them reason to stop you.
Mike Carr: A minor problem, easily solved! Sanitation trucks are already equipped with snow plows! See how quickly these a*****s disperse when a 50-60mph snowplow is coming at them.
John Cleary: They should all remember if we don’t work they don’t get their freebies.
Mike Catalano: I say if your stupid enough to march in traffic you should get run over.
Maria Miranti: “Black lives matter”… I personally believe that ALL lives matter, and I guess their lives don’t matter to them if they’re willing to play in traffic. Run ’em over!
George Malatesta: They should be thrown off the Bridge into the Bay. Start it off by tossing Reverend Al Sharpton first.
Everyone is angry. The protesters are angry about police bigotry and militarism. The anti-protesters are angry at the protesters for protesting (and for deep-seated racial reasons).
Now a question: If your community had a judge who never convicted a criminal, but instead let every criminal go free, to whom would your anger be directed. The criminals or the judge?
My anger would be directed at the judge, and that is why I believe the protesters’ anger is misdirected.
Yes, the police in some communities are out of control, and yes, there are bigots, hotheads and even psychos who wear the badge — a minority, just like the minority in the general population.
But there is a reason why those police are out of control. The person assigned the job of controlling them is out of control.
And that is what drives a populace to mob action.
It’s Incredibly Rare For A Grand Jury To Do What Ferguson’s Just Did
NOV 24 By BEN CASSELMAN
Former New York state Chief Judge Sol Wachtler famously remarked that a prosecutor could persuade a grand jury to “indict a ham sandwich.”
The data suggests he was barely exaggerating: According to the Bureau of Justice Statistics, U.S. attorneys prosecuted 162,000 federal cases in 2010, the most recent year for which we have data. Grand juries declined to return an indictment in 11 of them.
The reason: In a grand jury, the prosecutor acts as both the sole lawyer and the judge. He (she) presents only the evidence he wishes to present — one side of the story.
Any prosecutor, even the most incompetent boob who ever sneaked into a courtroom, could get a grand jury to indict you, dear reader, for being a murdering terrorist. All he would need do is make claims about existent or even non-existent evidence. There is no rebuttal.
So what happened in Missouri and New York?
There are at least three possible explanations as to why grand juries are so much less likely to indict police officers.
The first is juror bias: Perhaps jurors tend to trust police officer and believe their decisions to use violence are justified, even when the evidence says otherwise.
And, perhaps it is impossible to exclude racial bias from the mix. Many blacks’ have been “taught” that police are bigots to be hated. Many whites’ have been “taught” that blacks are criminals to be hated.
The second is prosecutorial bias: Perhaps prosecutors, who depend on police as they work on criminal cases, tend to present a less compelling case against officers, whether consciously or unconsciously.
I suspect this is the main reason. The only part that’s questionable is the “unconsciously” caveat. I strongly doubt it’s not conscious.
The third possible explanation is more benign. Ordinarily, prosecutors only bring a case if they think they can get an indictment. But in high-profile cases such as police shootings, they may feel public pressure to bring charges even if they think they have a weak case.
We don’t elect prosecutors to be judge and jury on the most serious cases. We’re not talking about something trivial like shoplifting or smoking a joint. We’re talking about unarmed, young men being shot to death by multiple gunshots. That is the major league of crime.
The strength of that kind of serious case is for a judge or jury to decide.
My message to the protestors: If you’re going to angry at anyone, be angry at the prosecutors. If police are going to get a free ride every time they shoot an unarmed civilian, what will prevent them from continuing to shoot unarmed civilians?
The policemen should have gone through trials. All the evidence should have been presented by prosecutors and strong defense attorneys.
If the evidence points to innocence, fine. But at least next time, policemen may have reason to think before using deadly force against an unarmed civilian.
Yes, the police have a tough, dangerous job. I sure wouldn’t want to be one. They each see more crime in a day than I’ve seen in my life. They deal with the dregs of humanity. I admire the police.
That said, there must be controls to protect society from our “protectors.” And the first line of defense is the prosecutor. If the prosecutor isn’t protecting you, he should be fired or prosecuted.
Else, the law is meaningless and we have anarchy.
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. (Refer to this.)
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 and 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.
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.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.
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.