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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 between the rich and the rest..

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Do politicians ever stop lying? Does a flea-ridden dog ever stop scratching?

1. As we all know, Iran is a nuclear threat to (Pick one):
_____ America
_____ Israel
_____ The Middle East
_____ The eastern hemisphere
_____ All of the above

2. And, as we all know, Iran is ruled by (Pick one)
_____ Crazy, irrational religionists
_____ Smart, dangerous religionists
_____ Deceptive, duplitious religionists
_____ All of the above

3. As we all know, we can stop Iran from getting “the bomb” by (Pick one):
_____ Negotiating with them
_____ Bombing them
_____ Invading them
_____ All of the above

4. We all know these things to be true, because:
_____ Barack Obama told us
_____ John Kerry told us
_____ Bebe Netanyahu told us
_____ All of the above

If you substitute “Iraq” for “Iran” and “Bush” for “Obama,” you’ll see why this movie sounds familiar.

So where do we stand today? We have “the bomb.” So does Russia, China, India, Pakistan, the UK, France, Israel, North Korea and heaven knows who else.

Of all these, only the U.S. has actually dropped the bomb on someone.

But we are, and always will be, ruled by logical, thoughtful, peaceful governments — especially if a level-headed leader like Donald Trump, Ted Cruz, Ben Carson, Chris Christie, Mike Huckabee, Bobby Jindal, Rick Santorum, or yet another Bush becomes president.

We know we can trust them to keep us safe.

The rest of the nuclear nations also are ruled by logical, thoughtful, peaceful governments, especially North Korea. So it is vital to world peace that Iran, the only nation ruled by religious or political nuts, be prevented from having nuclear weapons.

That is why I am so relieved by this article:

Iran atomic bomb probe may be completed in 2015: IAEA

Vienna (AFP) – A long-delayed investigation into whether Iran has sought to develop nuclear weapons could be completed by the end of the year with Tehran’s help, the head of the UN atomic watchdog said Saturday.

Following his talks in Tehran earlier this week, UN watchdog chief Yukiya Amano said “progress was made on the way forward, but more work is needed.”

“With the cooperation from Iran I think we can issue a report by the end of the year on the … clarification of the issues related to possible military dimensions,” Amano told reporters before heading into talks with global powers in Vienna.

Oh, thank heavens. I wasn’t worried about Russia, China, India, Pakistan, the UK, France, Israel, North Korea bombing us or allowing terrorists to gain control over a bomb.

But I was in an absolute panic about Iran, which is why I genuflect daily in front of a John Kerry statue in my bathroom. Just knowing that Iran may not have the bomb for at least — what, five more years? — gives me hope for peace in the world.

And that is why I’m delighted that President Obama has invested so much of his attention to Iran and his anger at Israel, rather than on, for instance North Korea or China. After all, he knows where the danger to America really lies.

And speaking of lies, what about Iraq’s Weapons of Mass Destruction that cost thousands of American boys and girls their lives and limbs? Shouldn’t we attack them, too?

Oh, you mean, the previous Bush . . .

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 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.
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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
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