By definition, our Most Dangerous Enemy is the one person who can do more damage to America than anyone in the world.

America’s Most Dangerous Enemy (MDE) is the person who wants to “get tough” with our friends, “get tough” with our enemies, and “get tough” with those who may be neutral.

Our MDE is the person who acts like an impulsive, trigger-happy loose cannon, with the spoiled brat temperament of a teenager, using Twitter to insult all who disagree.

To qualify as our MDE, make rash proposals, then deny they were proposals, but “only suggestions.

Our MDE exudes bravado and feigns great courage from the safety of a podium, yet is frightened off by a female newscaster who asked a “hard” question about calling women “fat pigs,” “slobs,” animals, and “dogs.”

Our MDE hardly can wait to send American troops into battle, though he himself was a draft dodger who demeans captured GIs.

Our MDE would make enemies of Japan, Mexico, and South Korea, while also insulting everyone in Congress.

Our Most Dangerous Enemy claims America once was great, but no longer is great, but can become great by deporting millions of men, women and children (called “criminals” and “rapists”), by allowing everyone to carry guns, by walling ourselves in, and by cheating creditors in “negotiations.”

Having no experience in international politics and no experience in domestic politics, our MDE claims the single most important job in the world requires no experience, if one has “a good brain.”

The combination of ignorance, bravado, and rash impulsiveness, when added to a President’s power to destroy all life on the planet, would unleash our Most Dangerous Enemy upon us.

Our Most Dangerous Enemy fires back at ex-Sec. of Defense Gates

Former U.S. Secretary of Defense Bob Gates found himself on the receiving end our MDE’s Man’s barbed tongue Friday.

Gates had publicly criticized (our MDE’s) foreign policy proposals and temperament several times the day before.

He said some statements — such as making Japan and South Korea pay more for U.S. military resources — could spur others to take steps that would undermine cooperation with our allies.

Mika Brzezinski, co-host of “Morning Joe,” asked MDE to respond to this criticism during a Friday interview.

Our MDE replied. “I’m not a big fan of his, by the way. … Look at where our country is with years of him being involved. We are a mess. I know he has a great reputation and all of that. All of these guys have a great reputation. They’ve been doing this stuff for 15 years. Look where our country is, OK?”

Is America really “a mess” as our MDE claims? (Other nations wish they were so “messy.”)

Does Bob Gates get the blame — or the credit — for this “messiness”?

Our Most Dangerous Enemy criticizes often, but seldom provides specifics or solutions. And who cares about someone who has a great reputation; they aren’t as smart as our MDE.

(Our MDE) also defended the argument that the U.S. cannot afford to protect other nations without being reimbursed.

“And Bob Gates, who I don’t know at all, but Bob Gates has no idea. See, they are misrepresenting and he’s misrepresenting.”

Ah, the endless generalities with no specifics. No experience needed. No knowledge needed. The job is “only” the Presidency of the United States. Just hire someone with self-proclaimed greatness.

Brzezinski, who described Gates as “one of the greatest foreign policy minds in history,” said part of Gates’ concern is over the way (our Most Dangerous Enemy might express himself as commander-in-chief.

She cited a recent tweet about the EgyptAir flight that disappeared Thursday over the Mediterranean Sea as an example that )our MDE) may be “too trigger-happy with his words.”

MDE’s tweet: “Looks like yet another terrorist attack. Airplane departed from Paris. When will we get tough, smart and vigilant? Great hate and sickness!”

Gates said that people with responsibility learn quickly that early reports of a situation often turn out to be inaccurate.

“I think it prejudges the outcome, and let’s just suppose that it turns out not to be a terrorist event. Then what do you say having made these allegations and so on? So it’s always better to wait until you actually know what the facts are before you open up.”

Brzezinski asked (the MDE) if there was any validity to the concern that tweets like the one about the EgyptAir flight might generate panic and anger.

The MDE responded with a typical non sequitur: “I’m thinking of the future. “We cannot continue to let things like this happen. We are being taken advantage of by radical Islamic terrorists, and this world is changing.”

“Thinking of the future?” “Can’t continue to let these things happen?” “This world is changing?” Those are the MDE’s “reasons” for speaking without knowing the facts?

The Bottom Line:
One human being, our Most Dangerous Enemy, incorporates all these attributes:

*Inexperienced and ignorant about the most important job in the world
*Dismissive about those who do have such knowledge and experience.
*Unwilling to learn (“I consult myself”)
*Immature: Teenager’s Twitter name calling, speaks and acts on impulse
*Megalomaniacal
*Braggart and liar
*Dishonest: Cheated on wife. Cheats creditors. Uses fake names to call media
*Misogynist
*Refuses to accept blame
*Bully: Repeatedly proposes forcing other nations to bend to our will
*Coward: Draft dodger; frightened by “hard questions”
*Bigot: Muslims, Mexicans/Latinos, gays, tried to ingratiate with KKK
*Hate monger, fear monger
*Xenophobe
*Will not take specific positions. Criticizes with generalities. Claims all proposals were “only suggestions” Claims to be “flexible on everything”

And this, our Most Dangerous Enemy, might be elected President of the United States.

Who is to blame for that?

Rodger Malcolm Mitchell
Monetary Sovereignty
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Ten Steps to Prosperity:
1. ELIMINATE FICA (Ten Reasons to Eliminate FICA )
Although the article lists 10 reasons to eliminate FICA, there are two fundamental reasons:
*FICA is the most regressive tax in American history, widening the Gap by punishing the low and middle-income groups, while leaving the rich untouched, and
*The federal government, being Monetarily Sovereign, neither needs nor uses FICA to support Social Security and Medicare.
2. FEDERALLY FUNDED MEDICARE — PARTS A, B & D, PLUS LONG TERM CARE — FOR EVERYONE (H.R. 676, Medicare for All )
This article addresses the questions:
*Does the economy benefit when the rich afford better health care than the rest of Americans?
*Aside from improved health care, what are the other economic effects of “Medicare for everyone?”
*How much would it cost taxpayers?
*Who opposes it?”
3. PROVIDE AN ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA, AND/OR EVERY STATE, A PER CAPITA ECONOMIC BONUS (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB) Or institute a reverse income tax.
This article is the fifth in a series about direct financial assistance to Americans:

Why Modern Monetary Theory’s Employer of Last Resort is a bad idea. Sunday, Jan 1 2012
MMT’s Job Guarantee (JG) — “Another crazy, rightwing, Austrian nutjob?” Thursday, Jan 12 2012
Why Modern Monetary Theory’s Jobs Guarantee is like the EU’s euro: A beloved solution to the wrong problem. Tuesday, May 29 2012
“You can’t fire me. I’m on JG” Saturday, Jun 2 2012

Economic growth should include the “bottom” 99.9%, not just the .1%, the only question being, how best to accomplish that. Modern Monetary Theory (MMT) favors giving everyone a job. Monetary Sovereignty (MS) favors giving everyone money. The five articles describe the pros and cons of each approach.
4. FREE EDUCATION (INCLUDING POST-GRAD) FOR EVERYONEFive reasons why we should eliminate school loans
Monetarily non-sovereign State and local governments, despite their limited finances, support grades K-12. That level of education may have been sufficient for a largely agrarian economy, but not for our currently more technical economy that demands greater numbers of highly educated workers.
Because state and local funding is so limited, grades K-12 receive short shrift, especially those schools whose populations come from the lowest economic groups. And college is too costly for most families.
An educated populace benefits a nation, and benefiting the nation is the purpose of the federal government, which has the unlimited ability to pay for K-16 and beyond.
5. SALARY FOR ATTENDING SCHOOL
Even were schooling to be completely free, many young people cannot attend, because they and their families cannot afford to support non-workers. In a foundering boat, everyone needs to bail, and no one can take time off for study.
If a young person’s “job” is to learn and be productive, he/she should be paid to do that job, especially since that job is one of America’s most important.
6. ELIMINATE CORPORATE TAXES
Corporations themselves exist only as legalities. They don’t pay taxes or pay for anything else. They are dollar-tranferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the government (the later having no use for those dollars).
Any tax on corporations reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all corporate taxes come around and reappear as deductions from your personal income.
7. INCREASE THE STANDARD INCOME TAX DEDUCTION, ANNUALLY. (Refer to this.)
Federal taxes punish taxpayers and harm the economy. The federal government has no need for those punishing and harmful tax dollars. There are several ways to reduce taxes, and we should evaluate and choose the most progressive approaches.
Cutting FICA and corporate taxes would be an good early step, as both dramatically affect the 99%. Annual increases in the standard income tax deduction, and a reverse income tax also would provide benefits from the bottom up. Both would narrow the Gap.
8. TAX THE VERY RICH (THE “.1%) MORE, WITH HIGHER PROGRESSIVE TAX RATES ON ALL FORMS OF INCOME. (TROPHIC CASCADE)
There was a time when I argued against increasing anyone’s federal taxes. After all, the federal government has no need for tax dollars, and all taxes reduce Gross Domestic Product, thereby negatively affecting the entire economy, including the 99.9%.
But I have come to realize that narrowing the Gap requires trimming the top. It simply would not be possible to provide the 99.9% with enough benefits to narrow the Gap in any meaningful way. Bill Gates reportedly owns $70 billion. To get to that level, he must have been earning $10 billion a year. Pick any acceptable Gap (1000 to 1?), and the lowest paid American would have to receive $10 million a year. Unreasonable.
9. FEDERAL OWNERSHIP OF ALL BANKS (Click The end of private banking and How should America decide “who-gets-money”?)
Banks have created all the dollars that exist. Even dollars created at the direction of the federal government, actually come into being when banks increase the numbers in checking accounts. This gives the banks enormous financial power, and as we all know, power corrupts — especially when multiplied by a profit motive.
Although the federal government also is powerful and corrupted, it does not suffer from a profit motive, the world’s most corrupting influence.
10. INCREASE FEDERAL SPENDING ON THE MYRIAD INITIATIVES THAT BENEFIT AMERICA’S 99.9% (Federal agencies)Browse the agencies. See how many agencies benefit the lower- and middle-income/wealth/ power groups, by adding dollars to the economy and/or by actions more beneficial to the 99.9% than to the .1%.
Save this reference as your primer to current economics. Sadly, much of the material is not being taught in American schools, which is all the more reason for you to use it.

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