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

…………………………………………………………………………………………………………………………………………………………………………..
It takes only two things to keep people in chains: The ignorance of the oppressed and the treachery of their leaders.
………………………………………………………………………………………………………………………………………………………………………………

In one sense, the President of the United States is the second most powerful force on earth.

He commands the most devastating military ever created. His words alone can change the flow of the world’s history. A single, 140 word, groggily phrased, morning Tweet, can send the media, the markets and the moment into a tizzy.

He lifts a finger and the world shudders.

The third most powerful force on this planet is, at any given moment, the American political party then in power. It creates all U.S, laws, then appoints a servile Supreme Court that will approve those laws.  And with the U.S. being the gorilla filling a small room, U.S. laws matter greatly to the world.

Together, a President and his dominant political party can be an imposing duo. But they are nothing — nothing — compared to the ultimate power in America and in the world: The voting people.

An impotent President and his acquiescent party may demand, then plead, “Surrender all that is valuable to you and follow us,” and a hopeful populace, praying for salvation, may march blindly and trustingly.Image result for herd of sheep at cliff

But when a chasm appears, and “Follow us,” becomes, “You people go ahead; we’ll linger safely back here, picking up your valuables,” the great mass may hesitate, then mill about in confusion, then resist. Then, “Mussolini” its retribution on the leaders who led it astray.

Today, we have passed through the “blindly and trustingly” stage, and have entered the “mill about / resist” phase. What is your destination?

The vast inertia of our huge populace has not yet been detoured by its leadership’s obvious lies, broken promises, stealing, nepotism, hate-mongering, ignorance, incompetence, and failures. But, like a runaway freight train applying its squealing brakes, America’s suicide mission has begun to slow  . . .

. . . Because lately has come Doubt, the beginning of the end for any movement. Doubt infects contagiously, like influenza in a kindergarten. Doubt shatters the false image of a heroic leader presenting the exaggerated squint of eye and the melodramatic thrust of chin.

Doubt pulls back the curtain and reveals the Ozian fakery.

Doubt may have, begun with the Wall, which when shown to be an ill-considered, expensive, impossible, pointless arrogance, desperately was redefined by the leader’s toadies to be a “fence,” then a “barrier,” then “troops,” then “border guards,” and now . . . now what? Now forgotten?

Will they just say, “Mission accomplished,” and move on to the next fakery?

The Wall, as Trump’s followers understood it would be, no longer exists. It lies in the bunk barrel along with “Mexico will pay for it” “Trump University,” “Obama is not a citizen,” “Obama tapped my phones,” and “I will reveal my tax returns.”

The Doubt may have grown with the endless, almost comical attempts to destroy Barack Obama’s signature achievement: Romneycare.

Fifty votes, or was it sixty? Seventy? Who could keep track of the ridiculousness? The leaders lounging on the side, repeatedly urged, “Follow me,” while offering the people no plan and no path to be followed.

And when a plan finally was produced, it was exposed as a confused jumble of demented lies, a suicidal map of misdirection, dense smoke, and fun house mirrors. And seeing the people mill and struggle, the leaders hastily, frantically produced another map, far worse even than the first.

Seven years have passed and the map still is in development, while the leaders urge, “Follow me.” But to where?

Now Doubt, planted by Ignorance and fed by Failure, approaches the chasm into which even many of Donald Trump’s most ardent lemmings may refuse to march. The chasm is called “Climate Change denial,” and the wisest see its reality.

The leaders had claimed climate change was an illusion, a “Chinese hoax.” But millions no longer are fooled. (Some lemmings can be fooled by anything and will march lockstep to their death when ordered. Their numbers decline.)

So, on the Wall of hatred, then on the “Trumpcare” of neglect, and now on the denial of Climate Change, the people have taken the lead, while the erstwhile leaders trail sadly behind in the dust.

When the President said, “I was elected to represent the citizens of Pittsburgh, not Paris,” the people of Pittsburgh said, “You don’t represent us. “Our agreement was not with Paris, but with all the nations of the world.”

The President said, “In order to fulfill my solemn duty to protect America and its citizens, the United States will withdraw from the Paris Climate Accord” 

But, a growing list of states, cities, and corporations replied, “No, you do not protect us by endangering our children and the world in which we live.”

At recent count, 187 U.S. mayors commit to uphold Paris Climate Agreement. See the latest list. Is your mayor among the rapidly growing group?

This was the statement from mayors whose cities protect the 52 million Americans who refuse to be Trump’s lemmings:

“We will continue to lead. We are increasing investments in renewable energy and energy efficiency.

“We will buy and create more demand for electric cars and trucks. We will increase our efforts to cut greenhouse gas emissions, create a clean energy economy, and stand for environmental justice.

“And if the President wants to break the promises made to our allies enshrined in the historic Paris Agreement, we’ll build and strengthen relationships around the world to protect the planet from devastating climate risks.

“The world cannot wait — and neither will we.”

While the President and his party dither, the mayors lead. They have turned you from the precipice, and are returning you to sanity.

Trump refuses to say whether he still believes climate change is a hoax. But you are pushed by his lemmings and sycophants and cult followers who, not knowing what  they are supposed to believe, still ardently believe . . .  but won’t say what they believe so strongly.

Fervency and ignorance dance hand in hand, while Truth and Logic have lost their voice.

Sean Spicer, Trump’s apologist, who is impervious to shame, said, “We’ve never seen before at this point in a presidency such sweeping reassurance of American interest.” He said, “He let American allies know exactly what they can expect from us going forward — what he called “a principled realism, rooted in common values and shared interests.”

What does Spicer mean? Who is reassured by “climate change is a Chinese hoax”? And exactly what does “reassurance of interest” tell us? Are our allies reassured? Not if you ask them. Are Americans reassured? Not if you ask them, either.

Perhaps we’ll have to wait for the next tweet to explain it.  Or not.

And do our allies really “know exactly what they can expect”? And what are those “common values and shared interests” the President referenced? The public responses from our soon-to-be, if-not-already former allies seem to put lie to the claims of “shared interests.”

Orwell lives bigly in the White House. Ivanka and Jared sneak lucrative business arrangements via their government security clearances. A petulant President responds with charity for none and malice toward all.

Trump’s fevered mind swirls. Enemies surround him. The walls close. He fears for his survival. The bully is a coward.

But will you survive? Will your battle scars eventually heal, or will the lemmings of the right push you and your children over the edge?

The war is upon you. Two sides face — fools and facts — and you are asked to choose.

It is 3:00 AM. The inutile President awakens, groggily remembering yet another insult. And then another. Angrily, he reaches for the red phone.  This time, a simple tweet will not suffice to quell his fury. He must lash out at the derisive laughter.

“Hello, General,” he barks through clenched teeth  . . . .

Rodger Malcolm Mitchell
Monetary Sovereignty

………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

The single most important problems in economics involve the excessive income/wealth/power Gaps between the have-mores and the have-less.

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of The Ten Steps To Prosperity can narrow the Gaps:

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 can afford better health care than can 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 A MONTHLY ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA (similar to Social Security for All) (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB (Economic Bonus)) 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 EVERYONE Five 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 benefitting 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 FEDERAL TAXES ON BUSINESS
Businesses are dollar-transferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the federal government (the later having no use for those dollars). Any tax on businesses reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all business taxes reduce 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 business taxes would be a 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.

MONETARY SOVEREIGNTY