Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

==================================================================================================================================================================================================================================================================================================

Football, Tobacco, Guns and Taxes: What Do They Have in Common?

I. FOOTBALL:

I just saw an excellent movie, “Concussion.” It tells the story of Dr. Bennet Omalu who discloses the facts about serious brain damage, madness and early death in football players who suffer repeated concussions. The disease is called “chronic traumatic encephalopathy (CTE)”

According to the film, the National Football League long had known about the problem, but it and attempted to squelch any revelation, to the point of bribing the FBI to threaten Dr. Omalu with deportation.

Not only were the wealthy football owners angry at the doctor, but the fans and the football players themselves were in a state of angry denial. They wanted to accept the NFL’s lies, even while people were suffering and dying.

Today, the NFL has been dragged, kicking and screaming, into its “concussion protocol.” Any player who seems to be hit hard enough to sustain a possible concussion, is examined by a doctor, who determines whether the player is fit to return to the game.

If the player is deemed unfit, he is sidelined until the doctor determines fitness.

The protocol is a sop to the public, which apparently is satisfied that “something is being done.” But it is a sad joke for several reasons:

1. CTE may be impossible to detect via a sideline or locker room examination. CTE even may be impossible to detect at any time in a living person, until very severe damage becomes obvious (aka “punch drunk”), at which time the devastation is permanent and life threatening.

2. The damage is cumulative, and can be invisible until irrevocable and terminal damage occurs. Months after concussion symptoms such as dizziness, headaches, anger and memory loss fade, the brain continues to show signs of injury.

3. The “concussion protocol” doctors are hired by the NFL, which already has demonstrated its willingness to lie and to sacrifice players in the name of money. It was the NFL’s doctors who sent young men back in to play, shortly after being “dinged” or “having their bell rung” (favorite flippancies for severe brain damage).

If you like your sport to be filled with action, the safer alternatives are rugby or flag football, neither of which involve as many head impacts as does American football.

But, the players won’t demand change. The government won’t demand it. The fans won’t demand change. The NFL won’t change. The reason: Money.

The only thing that can stop this disease is the acknowledgment of the facts, by the mothers and fathers of the children who play football, beginning at a young age, and who receive thousands of head impacts before they are finished with the game.
……………………………………………………………………………………………………………………………………….

II. TOBACCO:

The movie made apt comparisons of the NFL with the tobacco companies that denied tobacco causes health problems, and only recently was dragged, kicking and screaming, into labeling their products with warnings. The public wanted to believe the tobacco companies’ lies.

The labeling is a sop to a public that apparently is satisfied that “something is being done.”

Tobacco causes disease and death. But smokers won’t demand change. The government won’t demand it. The tobacco companies won’t change. The reason: Money.

The only thing that can stop this disease is the acknowledgment of the facts, by the mothers and fathers of the children who take up smoking, beginning at a young age.
…………………………………………………………………………………………………………………………………………….

III. GUNS:

Every year, more people are killed by guns in the hands of the public than are saved by guns in the hands of the public. But the public believes the nonsensical lie that “if unregulated guns are outlawed only outlaws will have unregulated guns.”

It’s nonsense, because the same could be said about every law in existence. (If tax cheating is outlawed, only outlaws will cheat. If speeding is outlawed only outlaws will speed. If stealing is outlawed only outlaws will steal.)

Not to have a law because outlaws will ignore it, is silly at best and tragic at worst.

The National Rifle Association, the well-paid mouthpiece for the gun and ammunition manufacturers, claims guns save lives. The NRA provides “gun safety” education. This “education” is a sop to the public, which apparently is satisfied that “something is being done.” The public wishes to believe the NRA’s lies.

Guns maim and cause death. But, the gun owners won’t demand change. The government won’t demand it. The gun manufacturers companies won’t change. The reason: Money.
…………………………………………………………………………………………………………………………………………………

IV. TAXES

Here we are talking about federal taxes, which like football concussions, tobacco, and guns, are unnecessary and are responsible for millions of deaths.

Taxes cause death by limiting the ability of the public to receive the optimum medical care. The notion that Medicare for All is “unaffordable” and that Social Security and Medicare are “unsustainable,” has been responsible for untold misery.

Contrary to what the rich, the media they own, and the university economists they bribe, tell you federal taxes do not support federal spending. When the federal government pays a bill, it creates the dollars, ad hoc, to pay that bill.

Unlike states, counties, cities, businesses, you, and me, the federal government uniquely is Monetarily Sovereign. It is sovereign over the dollar. It never can run short of dollars, and its debts never can be “unsustainable.”

The federal government could eliminate all federal taxes, and continue spending as before, and still the government would not run short of dollars.

The rich tell you otherwise. Since 1940, they’ve been telling you the federal “debt” is a “ticking time bomb.”

Now, 75 years later, the “debt” has continued to grow, while the paid “experts” of the rich continue to cast worries about the growing “debt.” The mythical “time bomb” continues to tick.

At what point will the people realize they’ve heard this false story again and again, and all the invented worries are groundless?

The motive of the rich is to widen the Gap between the rich and the rest. Without the Gap, no one would be rich, and the wider the Gap, the richer they are.

Federal deficit spending benefits the non-rich far more than it benefits the rich. It narrows the Gap. So the rich tell you deficits and federal “debt” are bad for the economy, when the reverse is true.

The public believes the lie, despite obvious clues showing deficit spending to be not just harmless, but beneficial — not just beneficial, but mandatory for a healthy, growing economy.

——————————————————————————————————————————————————————————————————————————————————————————————————–

What is the commonality among playing football, using tobacco, carrying guns and paying taxes?

1. They all are harmful to the American people

2. The rich say the public needs them, and the rich pay experts to tell the public it needs them

3. The public chooses to ignore the obvious:

–Obviously, repeated head trauma will have a negative effect on your brain. Think about it. Could any honest, intelligent person ever have doubted it?

–Obviously, inhaling smoke is going to affect your lungs and other organs. Think about it. Could any honest, intelligent person ever have doubted it?

–Obviously, more people are killed by guns in the hands of the public than are saved by guns in the hands of the public. Think about it. Could any honest, intelligent person ever have doubted it?

–Obviously, the federal government, which originally created dollars out of thin air, and continues to create dollars, cannot run short of dollars, and just as obviously, adding dollars to the economy, grows the economy, while taking dollars out of the economy shrinks it. Think about it. Could any honest, intelligent person ever have doubted it?

When the public prefers to remain ignorant of the obvious, it suffers for its ignorance.

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 grow the economy, and narrow the income/wealth/power Gap between the rich and you.

THE RECESSION CLOCK

Recessions begin an average of 2 years after the blue line first dips below zero. There was a dip below zero in 2015. Recessions are cured by a rising red line.

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.

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 the rest..
•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..

MONETARY SOVEREIGNTY

——————————————————————————————————————————————