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..


Use the words “guns” or “abortion” and immediately, the adrenalin starts to pump to the heart and limbs, but not to the brain. It would be difficult to find someone without a strong, STRONG (i.e. emotional) opinion.

If you have a strong opinion in one direction, and I have a strong opinion in the opposite direction, all the facts in the world may not sway either of us. But perhaps there is a middle ground where reason will prevail.

Here are my thoughts on GUNS. An article on abortion will follow.

Some may believe their owning their guns, and their neighbors owning their guns, and total strangers owning their guns, all combine to make us safer.

And I may believe all those guns are a danger to you and to me.

So we talk — no, shout — louder and louder, as though volume will penetrate the walls around our minds. It won’t.

So is it hopeless? Are we, as thinking adults, incapable of any agreement about gun ownership? Twenty years from now, will we still toss opinions and statistics at each other to prove what we viscerally believe and what we viscerally deny?

Or, are there at least a few things on which we can agree?

Let’s try:

1. Guns do kill people. They also wound, cripple and scare people. That is the whole point.

2. Guns do protect people. If people were to invade your house or accost you on the street, and if you are able to access your loaded gun before the other guys access their loaded guns, and if you are a better shot than the other guys, you very well might save your life and the lives of your loved ones — assuming no innocent lives are lost in a gun battle.

3. We are complex humans with complex human frailties, and one of those frailties is emotion. Because of emotion, each of us has times when we get angry, times when we are frightened, greedy, thoughtless, careless, and sometimes, downright stupid — times when we are controlled by emotion and do not act in a rational, logical, thoughtful manner.

No one is immune, not you, not me, not anyone. Think back to when you’ve done something you now, in the clear, calm light of day, wish you had done differently. Don’t think it won’t happen again. It will.

4. There are no purely “good guys” or purely “bad guys.” The bank robber might be a loving husband and parent. Your “nice” neighbor might explode into rage if your car runs over his precious flower beds.

Some people spend more time being good than being bad; for others the reverse is true. We each have our moments. So, we can’t be confident we can divide the world neatly into “good guys” and “bad guys.”

5. During our “good,” unemotional moments, having a gun can be a comforting, reasonable defensive tool. During our “bad,” emotional moments, a gun can be a danger to ourselves, our loved ones as well as to strangers.

A toddler was shot in a home near East 70th Street and South Harper Avenue around 1:45 a.m. Tuesday. Police said several people were inside the house when the gun accidentally went off.

Charged in double murder at age 8: Police accused him of using a .22-caliber rifle to shoot his father and his father’s friend as they returned home from work. No exact motive was revealed, although the boy referred to spankings in discussions with child welfare investigators.

A 12-year-old boy will be charged with first-degree murder alongside 15-year-old Shuntayvious Primes-Willis and 17-year-old Jamar E. Milton, police said. All three suspects had guns.

Man kills own son in front of pregnant wife. Samuel Yue was calm and cooperative when Fresno police officers arrested him. Moments earlier, investigators say he fired several rounds that struck and killed his son, Tom Yue. Shocked residents are trying to figure out what made their normally quiet neighbors so upset.

All of the above says:

6. Many people should own guns, but not everyone. Do you agree?

There needs to be a way to separate those who should from those who shouldn’t. At least, we should try.

Because past actions are the best predictor of future actions, people with a history of anger issues, violence, mental disturbance or crime should not own guns.

Those under 21 should not own or possess guns. Scientists have shown that the part of the human brain regulating common sense does not mature before then. Guns plus lack of common sense make for an explosive combination.

Those adults whose anger makes them lose control — they punch a hole in the wall or throw objects, beat their wives, spank their kids so hard it leaves bruises, have a physical fight, cause or almost cause an auto accident due to road rage, get angry drunk, send threatening messages — those people should not own or possess guns.

Their lack of self-control makes them an intentional or accidental danger to themselves and to others.

7. Those who already have guns should be regulated.
A. Every gun seller should access a national criminal database, to determine whether the buyer has been convicted of any violent crime. Every gun seller should register the sale with a national gun sale registry. There should be a jail sentence for sellers who fail to abide.

B. Every gun buyer should sign, under oath, that he has not been convicted of any crime involving violence, with a jail sentence for those who lie.

C. Guns should not be allowed in places where emotion can overwhelm self-control. For example:
–Anywhere alcohol is served: Obviously.
–Large crowds: Increased danger to bystanders plus the anger and madness crowds generate.
–Cars: Road rage
–Courtrooms: Everyone is angry in a courtroom.
–Near children. They are our innocents.

D. Gun owners should be required to take gun safety lessons periodically, and simultaneously to testify under oath (jail penalty), that they have not had the criminal, anger or mental issues mentioned above.

E. Enact Into Law: “Any person who commits a felony while carrying a gun, shall be sentenced to a prison term of 20 years to life, in addition to the term for the felony itself.”

None of the above takes guns from any responsible person, i.e. the “good guys.” In fact it helps protect the good guys and the good guys’ families, neighbors and strangers. We shouldn’t ignore the problem of gun deaths, pretending it doesn’t exist (It does) or hoping it will go away by itself. (It won’t).

We have the money and the intelligence to protect ourselves. We just need the will.

The above are my suggestions.

What are yours?

Rodger Malcolm Mitchell
Monetary Sovereignty

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 Click here
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.

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

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.