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

Mitchell’s laws:
●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 previous post is titled, “How austerity makes you die too young.”

But austerity does much more then bring on an early death. It also makes you miserable while you’re alive:

California eyes drought rules to curb “galling” waste of water at restaurants

Officials are considering new water restrictions as California’s drought drags on, possibly forcing residents to ask for water at restaurants and for fresh towels and sheets at hotels.

The board last summer imposed emergency regulations prohibiting Californians from washing their cars with hoses that don’t shut off and limiting how often they can water their lawns.

“I find it galling when whole sets of water glasses end up on a (restaurant) table, even in Sacramento,” said Felicia Marcus, chairwoman of the board.

The board has the sweeping power to define when water use is unreasonable, and it could eventually expand the definition to include using drinking water to maintain golf courses and cemeteries. Marcus said the board would likely take smaller steps first, such as prohibiting decorative outdoor water fountains.

Some proposals presented Tuesday targeted businesses, such as telling hotels not to automatically provide guests with fresh towels and sheets every day. A recent analysis from NASA satellite data concluded that the state would need 11 trillion gallons of water to recover from its three-year dry spell.

That’s how bad it has become. Water you leave in restaurant glasses is “galling.” Brown the golf courses and cemeteries, and no more decorative water fountains (most of which probably recycle water, but when things get nutty, the nuts rule).

But let’s get this straight: THERE IS NO SHORTAGE OF WATER. The oceans are filled with water. There is a shortage of potable water.

Israel’s desalination program averts future water crises
Through desalination, Israel has created the possibility of transforming the region in ways that were unthinkable just a few years ago.

Situated in the heart of the Middle East, Israel is in one of the driest regions on earth, traditionally relying on a short, rainy season each winter to replenish its limited supplies. But rainfall only covers about half of Israel’s water needs, and this past winter, that amount was far less.

(But,) after experiencing its driest winter on record, Israel is responding as never before — by doing nothing.

Thanks in large part to an aggressive desalination program this perennially parched land (has been transformed) into perhaps the most well-hydrated country in the region.

“We have all the water we need, even in the year which was the worst year ever regarding precipitation,” said Avraham Tenne, head of the desalination division of Israel’s Water Authority.

Since 2005, Israel has opened four desalination plants, with a fifth set to go online later this year. Roughly 35 percent of Israel’s drinking-quality water now comes from desalination. That number is expected to exceed 40 percent by next year and hit 70 percent in 2050.

The Sorek desalination plant, located roughly 15 kilometers (10 miles) south of Tel Aviv, provides a glimpse of that future.

Avshalom Felber, chief executive of IDE Technologies, the Sorek desalination plant’s operator, said Sorek is the “largest and most advanced” of its kind in the world, producing 624,000 cubic meters of potable water each day.

He said the production cost is among the world’s lowest, meaning it could provide a typical family’s water needs for about $300 to $500 a year.

Israel has already taken some small steps in that direction. Last year, it signed an agreement to construct a shared desalination plant in Jordan and sell additional water to the Palestinians.

Little Israel, surrounded by desert and enemies, can afford to desalinate enough water for its citizens, and even sell water to the people who have sworn to destroy it.

Big America, built with oceans on both sides, many huge rivers and with lots of local rainfall, cannot afford to quench our thirst.

Why? Simple. According to Republican leader John Boenher, “We’re broke.” And according to Democrat President Barach Obama, “We have to live within our means.”

Both statements are examples of the Big Lie. We are not broke, never can be broke and never will be broke.

Also, being Monetarily Sovereign, we have no “means” to live within. The federal government creates unlimited dollars ad hoc, by the act of paying bills.

Contrary to what the media and the politicians tell you, federal financing is nothing like private financing.

But wait! Help is on the way:

Israeli company building America’s largest desalination plant in California
Israel is a technological leader in the field and a model that points the way for drought-stricken California.

An Israeli company is involved in building what is expected to be the largest seawater desalination plant in the Western Hemisphere, the Orange County Register reports.

“This is the one supply that San Diego County is investing in that is truly drought-proof,” said Poseidon senior VP Peter MacLaggan.

Not everyone is happy with the project, due primarily to the high energy consumption and environmental impact of desalination. Katalyn Voss, a water policy fellow at the University of California Center for Hydrologic Modeling in Irvine, says that desalination should be considered in California only after other measures are exhausted.

Let’s put these three articles together:
1. California is so low on water, that emergency water-saving regulations are in place and more will be implemented.
2. Little desert-nation Israel produces all the water it needs, and even sells water to its enemies.
3. A professor at the U of California says desalination should be considered only after other measures are exhausted.
4. The U.S. is “broke,” so monetarily NON-sovereign San Diego County will have to buy a plant from Israel.

Apparently, potable water is not important enough for the U.S. to produce it. Remember: The U.S. could pay for all the desalination plants it needs, at the press of a computer key.

But the rich want the rest of us to suffer a million little and not-so-little hardships, so as to widen the Gap between them and us. They pay the politicians, the media and the mainstream economists to tell the public that federal dollars are limited.

As farmers’ crops desiccate and grandma’s cemetery plot browns, think of the lies you have been told and the lies you believe.

Thirsty?

Rodger Malcolm Mitchell
Monetary Sovereignty

[Latest news: April 12, 2015: For Drinking Water in Drought, California Looks Warily to Sea]

===================================================================================
The 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. Federally funded, 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)

Initiating The Ten Steps sequentially 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
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