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Facebook: Rodger Malcolm Mitchell

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I thought Ted Cruz — the guy who wants to shut down the American government unless he gets his way — the guy who wants to “carpet bomb” the Middle-East, killing many thousands of innocent men, women and children — the guy who wants to devote police resources to “patrolling and securing” Muslim neighborhoods in the United States, while vowing to shrink oppressive government — yes, I thought Ted Cruz was exceptionally stupid.

(When I say “stupid,” I’m not talking just about pure IQ. I’m referring to people who lack the calm, logical reasoning skills needed in a working society.)

But then I thought about Donald Trump — the guy who said he receives no foreign policy advice and that he consults himself, because “I have a very good brain” — the guy who was so frightened by Megyn Kelly, he wouldn’t attend a debate at which she was a moderator — the guy who wanted to ban all Muslims from America, and build a wall paid for by Mexico and deport 11 million men, women and children — yes, that guy is even more stupid than Cruz.

And Cruz followers are even more stupid. And Trump followers are even more stupid, yet.

Have we reached the apex of stupidity? Could anything be more stupid than the Cruz/Trump/followers combo? Just when that seemed impossible, I read this in the March 27, 2016 Florida SunSentinel:

Campus gun law faces fire

Public colleges and universities in Texas will no longer be able to ban the concealed carrying of handguns when a new law takes effect in August.

The campus-carry law passed by the Republican-dominated Legislature last year was a victory for gun rights advocates, who say it will make campuses safer.

Yes, because young people are known for their common sense, their patience and their clear understanding of reality (except during times when they are awake), allowing them all to carry guns surely will make everyone safer — except for maybe professors.

In academia, it has spurred a movement of protesters who worry it will make schools more dangerous, hurt recruitment of faculty and students and create an atmosphere of fear that even affects how professors issue grades.

At least two professors have resigned.

One was Danile Hamermesh, who taught an introductory economics course, and said he feared that “a disgruntled student with a gun would ‘lose it,’ pull out the gun and shoot the instructor.

Who ever heard of such a thing — a student angry about a grade? A drunk student angry about his girlfriend. A student high on drugs angry about the outcome of a football game? Does that ever happen?

Max Snodderly, a professor of neuroscience, said, “Students get very angry if they feel they’re getting a grade they don’t deserve. I have students who come in absolutely red-faced — ‘Why did I get this grade?'”

Give a child a loaded gun in a high-stress situation like college, where drugs and alcohol are readily available, sex hormones are raging and the possibility of flunking out looms in the background.

What could possibly go wrong?

So the question: What could be more stupid than Cruz, Trump and their followers?

The answer: Gun nuts. These clearly are the most stupid people on the planet.

The jails are filled with them. And the cemeteries are filled with their victims.

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

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.

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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..

•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