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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.
●The single most important problem in economics is
the gap between rich and poor.
●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.


Economics is not just the study of money. It includes the myths, mentality and morès of societies, all of which guide every element of economics. Consider, for instance, the economic differences between a Muslim society and a Christian society.

We are what we believe.

In a related vein, you may have noticed what seems to have been an increase in teacher/student cases of what we term “rape”, specifically adult female teachers and teen-age boy students.

There have been dozens of such cases recently, and in many instances, the teachers are attractive women, married, and some having children of their own.

I just read about a case that was trumpeted on the Dr. Phil television show (You know, the show where he really, really cares about the unfortunate people, so he helps them by parading their disfunction for the whole world to see. Shall we call it “emotional rape for ratings”?)

The teacher in this case, is a beautiful, 29-year-old, married woman with a six year old son. Her name, improbably, is Jennifer Sexton.

She had an affair with a 6-foot-tall, 15-year-old, 8th grader (A 15-year-old still in 8th grade??).

The unfortunate woman says she did it because she didn’t receive attention or affection from her husband, and when this 15-year-old came on to her, and told her how beautiful she is, she just couldn’t resist.

I don’t know what happened during her formative years (Do we ever leave our formative years?), but clearly she has been tortured by some unmet, deep-seated needs.

A psychologist might have helped her. Instead she chose a teenage boy.

By our laws, she has raped the boy, and like so many (all?) of the other female teachers, who have had affairs with their young students, she probably will go to jail for years, and be placed on a sex-offenders list for the rest of her life.

I submit that there is a vast difference between an adult male having sex with an underage girl, vs. an adult female having sex with a boy.

Many young girls have permanently been traumatized, even physically injured and often impregnated by rape. Girls under 18 arbitrarily are judged to be too young to make a decision to have consensual sex.

Even if the teen was the aggressor, we judge all old/young alliances to be rape.

Rape is politically dangerous and delicate situation. Neither the politicians nor the courts want to decide whether 18 is the right age in every circumstance, It’s easier simply to say, “17 years + 364 days is too young, but 18 years is O.K.”

I have no objection to the concept. It’s like speed limits. Draw the line, and that’s the law. Girls need protection.

Yet, for instance, if I were rushing a critically ill person to a hospital, and given a ticket for speeding, I might expect the judge, and indeed, all of society, to consider the circumstances that alter this case.

Now consider the physical and emotional harm done to the boy. Well, there is no physical harm. He can’t get pregnant and as a normal teen boy, he has been taking care of his own needs for several years.

So let’s move right on to the emotional harm.

What emotional harm? This boy is the happiest, proudest kid in his school. Typically, he has bragged to all his friends, who themselves are jealous and begging to learn all the details. Many of them sat in Mrs. Sexton’s class, mentally replaying the pleasures of her acquiescence.

Sixty years from now, that boy still will brag to his sniggering friends about how much fun he had with Mrs. Sexton, embellishing the story with each recital.

He will not be scarred by the experience.

Way, way back, when I was an eighth-grader, my women teachers, as I remember them, were old, unappealing hags in their 40’s or even (gasp!) older. But, if I had had a pretty teacher in her 20’s, I can guarantee my thoughts would not have been solely directed to algebra or history.

And given the courage and the opportunity, both of which I lacked, I very well might have done the deed, or attempted to. And succeeding, I would have come out no worse for wear.

According to the article, Jennifer Sexton “faces three counts of second-degree rape, two counts of enticing a child, and one count of forcible sodomy.” (Huh? Forcible sodomy?)

I don’t know, but perhaps the boys parents are outraged — as is the school, as is the entire community, as is the whole world — that this boy’s “innocence has been stripped away,” and he has been “take advantage of,” and “his life never will be the same,” and blah, blah, blah.

Let’s get real. About the only bad things that could have happened to him would have been if he had caught a disease from her (He didn’t) or she had gotten pregnant (She didn’t). I believe there was no physical, emotional, mental or moral harm to him.

And those are the circumstances that should alter this case. The unfortunate teacher should not receive the lifetime of punishment that awaits her.

Our society is defined by its laws. Maybe, just maybe, a little common sense should be applied to this law.

We should not allow the mob to carry their torches and pitchforks to a public witch-burning, merely for giving an 15 year-old-boy what he always will consider his greatest experience to date.

Jennifer Sexton is a human being who has hurt no one, but is herself hurting terribly — a woman who needs our help and our compassion.

And now, let the sanctimonious roar.

Rodger Malcolm Mitchell
Monetary Sovereignty

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.

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.