Twitter: @rodgermitchell; Search #monetarysovereignty
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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.
•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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Someone, please tell me what this means.

An article by Reason.com quoted this exchange:

Q: […] Dr. Carson, you were against putting troops on the ground in Iraq and against a large military force in Afghanistan.

Do you support the president’s decision to now put 50 special ops forces in Syria and leave 10,000 U.S. troops in Afghanistan?

CARSON: Well, putting the special ops people in there is better than not having them there, because they that’s why they’re called special ops, they’re actually able to guide some of the other things that we’re doing there.

And what we have to recognize is that Putin is trying to really spread his influence throughout the Middle East. This is going to be his base. And we have to oppose him there in an effective way.

We also must recognize that it’s a very complex place. You know, the Chinese are there, as well as the Russians, and you have all kinds of factions there. What we’ve been doing so far is very ineffective, but we can’t give up ground right there.

But we have to look at this on a much more global scale. We’re talking about global jihadists. And their desire is to destroy us and to destroy our way of life.

So we have to be saying, how do we make them look like losers? Because that’s the way that they’re able to gather a lot of influence. And I think in order to make them look like losers, we have to destroy their caliphate.

And you look for the easiest place to do that? It would be in Iraq.

And if ­­outside of Anbar in Iraq there’s a big energy field, take that from them. Take all of that land from them. We could do that, I believe, fairly easily, I’ve learned from talking to several generals, and then you move on from there.

But you have to continue to face them, because our goal is not to contain them, but to destroy them before they destroy us.

What exactly is Ben Carson saying?

Is he saying that putting 50 special ops into Syria is the way to oppose Putin “in an effective way”?

Is he saying the Chinese have troops in Syria? (Hint: They don’t.)

Exactly what “ground” is it that “we can’t give up”?

Is he talking about invading Iraq again, to obtain oil fields? To destroy ISIS?

And would it be done “fairly easily”? (Do you think he really asked “several generals” about this?)

He doesn’t want “to contain them, but to destroy them.” But if he destroys them and doesn’t contain them, what does this “look like losers” mean?

First he tells lies about his personal history. Then this very religious man confuses Islam with the bible. Now he offers a grade-school, non-answer to a very important question about international politics and warfare.

And I mention this because Carson is the leading Republican candidate. This is the man who more Republicans think is qualified to be President of the United States than any other person.

Ultimately, a nation gets the leader it deserves.

Does America really deserve Dr. Ben Carson as President?

But then again, which candidate does America deserve?

And what is Ben Carson talking about?

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 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.
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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

Vertical gray bars mark recessions. Recessions come after the blue line drops below zero and when deficit growth declines.

As the federal deficit growth lines drop, we approach recessions, each of which has been cured only when the growth lines rose.

Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY