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

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

Where did it begin? With Karl Rove? George W. Bush? Newt Gingrich? The Tea Party?

Somewhere along the line, the self-proclaimed patriotic, self-proclaimed religious Republican party lost its patriotism, lost its religion, and lost its morality.

The Republicans were not to cooperate to benefit America. For the right-wing, politics became a vicious war, and winning became the obsession.

The biggest story of the past fifty years in American politics has been the ascendancy of the right, and it’s a story of apostasy. George Packer, “Turned Around,” The New Yorker, February 22, 2016

Then came Barack Obama. In reality, he’s just another DINO (Democrat in name only). He’s more conservative than liberal, more Tea Party than Democrat, more pro-rich than pro-poor.

He espouses the Big Lie that federal financing is just like personal financing, that the federal government can run short of dollars to pay its bills, and that federal deficits are “unsustainable.”

Obama signed into law the infamous Budget Control Act of 2011 which led to the outrageous “sequester.” He sold the act to the public as a way to prevent a mythical sovereign default, because of the unnecessary 2011 debt-ceiling crisis.

Obama spoke of “hope,” then deported more hopeful immigrants than any President in American history.

And it was all for naught. Obama’s craven pandering to the Republicans and the rich failed like craven pandering always does — just as his craven pandering to Arab terrorism failed to bring peace.

The Republicans (and the terrorists) saw Obama’s weakness and smelled blood in the water.

The Republican goal became not one of building America, nor of helping Americans, but rather of tearing down everything Obama. The Republicans became the party of obstruction, and in doing so, the Republicans also became the party of hatred, a dark, brooding menace on the polical landscape.

They broadcast hatred for gays, for immigrants, for women seeking abortion, hatred for unions, for Muslims, the poor, Latinos, the aged, blacks, those who want any form of gun control, hatred for non-Christians, those who believe in evolution, those who believe in human-caused global warming, those wanting pollution controls, embryo research, peaceful negotiation rather than war, and of course, hatred for anything Obama.

And now we have that political party, so alienated from American morality, it refuses to participate in the American political system. Republicans will not even consider the credentials of any Supreme Court candidate, no matter how qualified, if submitted by Obama.

As the inevitable result of moral abandonment came Donald Trump, the ultimate caricature of Republican contempt for compassion.

If Republicans despised immigrants, Trump would detest them more. He will deport 11 million.

If Republicans despised foreigners, Trump would detest them more. He will build a colossal wall and create fortress America.

If Republicans were bigots, Trump would be the greater bigot. In Trump-world, Mexicans became “rapists and criminals,” and “Islam hated America.”

If Republicans admired guns, Trump would adore guns. He says, “The government has no business dictating what types of firearms good, honest people are allowed to own.” (Everyone to have a machine gun?)

Trump claims global warming is a hoax. He claims deficit spending (which primarily helps the middle and lower incomes) must be cut. He wants to freeze green cards and to end constitutionally provided birthright citizenship. Trump University is only one of his many shameful business legacies. Trying to steal a widow’s home was business as usual.

Trump tells you the U.S. “should look and act tough.” But, he is a bully and bullies are cowards.

He wants to send our young people to fight and die for oil drilling areas, though he did everything possible to stay safely out of the military.

Now, he swaggers to his podium, affects a fierce face, and points at those who disagree with him, snarling “Get ’em outa here. Get ’em outa here.”

Mr. Tough Guy.

In short, he tells us to be bullies just like him. He wants us to be a xenophobic, cowardly, aggressive, hateful America. That is his slogan, his how he plans to “make America great, again.”

And that is why I hope he becomes the Republican candidate.

For they sow the wind, and they shall reap the whirlwind.

The Republicans have sown the wind of hatred, and they have reaped Donald Trump. While the Republican party may have become stupid and mean-spirited enough to nominate him, I doubt very much that the American public is Trump-stupid and Trump-mean enough to elect him.

The world is filled with little, rotten, imperious governments, run by little, rotten, imperious martinets. This is not America.

With Trump as a candidate, Americans will have a wonderful opportunity this November to tell the world: “We are not a nation of haters and bigots. We are not a fearful, exclusionary, white-only, Christian-only, male-only nation groveling before the rich and powerful.

We are a giving, charitable, loving nation, comfortable enough in our great strength to welcome the tired, the poor, the homeless, the hungry, and the ‘huddled masses yearning to breathe free.'”

Rather than following the false words, “Make America great, again” (We already are great), we can make America the ideal again, the country the rest of the world wishes to emulate, not just for our money and our military, but for our morals.

Millions of people, all colors and all beliefs, have poured across our borders for more than 200 years. The blending of genes strengthened America’s genes.

Those who already had arrived showed the courage to welcome the strange ideas and the unfamiliar customs of our new arrivals, not with a wall, but with open hearts. We were the golden land, embracing strangers and helping them achieve the American dream.

And that is how we created the greatest, most powerful nation the world ever has known.

But sometimes, even here in America, we need a reminder about who we are, and how being inclusive and welcoming and compassionate have made us admired.

So go ahead, Republicans. Bring it on. Nominate Trump and give us Americans the podium from which we will reject Trumpism and show the world why we still are America the beautiful.

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.
========================================================================================================================================================================================================================================================================================================

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

THE RECESSION CLOCK

Recessions begin an average of 2 years after the blue line first dips below zero. A common phenomenon is for the line briefly to dip below zero, then rise above zero, before falling dramatically below zero. There was a brief dip below zero in 2015, followed by another dip – the familiar pre-recession pattern.
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..

•No nation can tax itself into prosperity, nor grow without money growth.
•Cutting federal deficits to grow the economy is like applying leeches to cure anemia.
•A growing economy requires a growing supply of money (GDP = Federal Spending + Non-federal Spending + Net Exports)
•Deficit spending grows the supply of money
•The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
•The limit to non-federal deficit spending is the ability to borrow.

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