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.
•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run out of money.
•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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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“It’s about laws. It’s about borders. If we don’t have a border, we don’t have a country. So, I’d get them out. And if they were really outstanding — because some of these people have been here for a long period of time. I’d let them back legally, they have to come through a legal system, and I’d make that system much faster, much greater. When someone’s terrific, we want them back here.”
Donald Trump, candidate for President of the United States

If it really were “about laws,” we simply could change the laws.

We wouldn’t need to kick down doors and arrest people, and ship them out like cattle. We wouldn’t need to herd them back again, with Donald Trump making life or death decisions about who’s good enough to re-enter, meanwhile destroying their lives for no purpose.

So, it really isn’t about laws.

And it’s not about economics, either. Deporting these people, and then re-importing them, would cost many hundreds of billions of dollars. Think of the same number of dollars spent for jobs and schools and for improvements in our lives.

And it’s not about crime; undocumented immigrants are less likely to commit crimes than are citizens.

So what is it about? It’s about fear and bigotry and phony “reasons” invented by hate mongers.

We all are immigrants and children of immigrants, except we arbitrarily made the laws more welcoming, back then.

You realize, Mr. Trump, that you, your family and the rest of the white and black people are on my land illegally. So please leave now, Mr. Trump, and if we decide you are “terrific” and “really outstanding,” we’ll let you back in.

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They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists.
Donald Trump, candidate for President of the United States

By way of reminder, here are some of the rapists, drug dealers and criminals:

Why in America, do children need to hold up signs reading, “WE ARE HUMAN”?

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

Recessions come after the blue line drops below zero.

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