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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.

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Ooh-oo child
Things are gonna get easier
Ooh-oo child
Things’ll get brighter

Welcome child, to America, where everyone is frightened, armed and dangerous.

Slightly fewer than 4 million babies are born in the United States each year

.

The figures show that there have been 16,808,538 (gun purchase) applications (only from federally registered dealers) in 2012 so far to the end of November. If they were approved, that would be enough weapons to stock every member of Nato’s armed forces nearly five times over.

The system has received 156,577,260 applications since 1998 and the US has the highest gun ownership rate in the world.

Four guns for every baby born in America. Welcome child, to America, where everyone is frightened, armed and dangerous.

Idaho school buys guns to enhance safety: ‘We wanted to be prepared’
By Kimberlee Kruesi – Associated Press – Saturday, June 6, 2015

BOISE, Idaho — It takes at least 45 minutes for officers to reach the Garden Valley School District — a district made up of less than 300 students in one building — where limited funds have prevented the school from being able to afford hiring police officers to patrol the building during school hours.

As a result, the school board approved this month purchasing guns to remain locked inside the school and trained six employees to use the weapons in an emergency.

What is the danger to Garden Valley students? With just 300 students, every child and every family, knows one another. And, they are geographically isolated so any strangers would be rare and immediately noticed.

So what is the danger that requires them to stock guns in the school?

And if the guns are locked, how accessible are they in an “emergency”?

And why do they keep the guns locked, if everyone in Idaho already has the right to carry a gun?

And how intensive is the training? And who are the trainers? And is the training repeated to keep the employees sharp? And what are they trained to do with those guns in a school filled with students?

And why do they require training, if everyone in Idaho already is allowed to carry a gun, without such training?

Ah, questions, questions, questions.

Welcome child, to America, where everyone is frightened, armed and dangerous.

In Idaho, bringing guns into a school as a safety measure is (an) accepted option where Second Amendment rights are highly protected and libertarian ideals run deep.

In 2013, an eastern Idaho school district approved installing gun safes in its high schools and middle schools in order for school resource officers to have easy access to rifles if needed – the same year the Idaho School Board Association rejected a plan to set up gun training for education staff and teachers.

Easy access to rifles (rifles in high schools??), and no training? What could possibly go wrong with that?

It happens that there is a National Association of Resource Officers (NASRO). So I wrote to every state association listed on their site, the following note:

“Dear NASRO member,

Can you please provide examples of how a school resource officer used his (her) gun to thwart and armed intruder. If you also could reference newspaper articles, that would be helpful.

Thank you for your assistance.”

I’ll keep you apprised of the answers.

I was curious to know how arming our schools is working out. If it seems to work, we might want to arm our movie and show theaters, our churches and synagogues, our restaurants and bars, our parks and playgrounds, our sports arenas, our beaches, our buses, our trains, our buildings, our stores, our streets — everywhere that people gather.

But, on second thought, we already are doing that. No training needed.

Welcome child, to America, where everyone is frightened, armed and dangerous.

Ooh-oo child
Things are gonna get easier
Ooh-oo child
Things’ll get brighter

Rodger Malcolm Mitchell
Monetary Sovereignty

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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.
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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.
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

Long term view:
Monetary Sovereignty

Recent view:
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