Author: Rodger Malcolm Mitchell

MBA Northwestern, business turnaround expert, economist

President Trump’s 25-point plan to save the economy.

Now that we are in full crisis mode, we can be thankful that President Donald J. Trump has a plan to save us.

Here it is:

I, President Donald J. Trump, to encourage economic growth, and to calm you during this time of economic collapse, do hereby pledge to spend my every waking hour:

  1. Playing more golf 
  2. Sending more tweets 
  3. Telling more and bigger lies 
  4. Having more political rallies
  5. Contradicting what I said yesterday and reversing what I say today.
  6. Refusing to meet with mean old Nancy Pelosi to solve the crisis.
  7. Insulting more people (especially whistleblowers and judges who rule against me.)
  8. Destroying the environment while claiming global warming is a Chinese hoax
  9. Scheduling more lucrative meetings on Trump properties (and charging big bucks).
  10. Telling you again that I have the coronavirus under control.
  11. Making scant and belated plans to control the coronavirus or to seek cures.
  12. Eliminating R&D by hollowing out federal agencies that might have saved or improved your health.
  13. Firing any good, honest, experienced people, who chose to work in government.
  14. Surrounding myself with criminals who suck up to me.
  15. Pardoning the convicted criminals who suck up to me.
  16. Taking credit for anything good in the universe.
  17. Blaming Democrats (Obama, Hillary, Biden’s son, Pelosi), the fake media (not Breitbart or Fox), and the “deep state” for anything that goes wrong.
  18. Torturing innocent people (especially children) who beg for asylum 
  19. Attacking Muslims, gays, people of color, foreigners, and our allies.
  20. Befriending ruthless dictators, especially Putin, Kim, Duterte, and that Saudi guy.
  21. Paying more millions to stay out of jail (i.e. Trump U. and Trump Foundation.)
  22. Hitting on married women and porn stars.
  23. Embracing transparency by refusing to reveal my financials or to testify under oath.
  24. Giving to the rich and taking from you.
  25. Increasing nepotism, while continuing to ignore the pitiful attempts by Donald Jr. to suck up to me.

As you can see, it will be a busy time for me, but being a stable genius, I promise to handle it better than anyone who ever has lived.

Trust me. 

And of course, we do trust him.

Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

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 Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY

A short film: The Trump administration dealing with a crisis.

The Keystone Kops Administration

An incompetent leader, whose time is devoted to golf, tweeting, self-aggrandizing, and enriching himself and his family, together with an administration that has been hollowed out of honest, experienced people, leaving mostly flunkees and bootlickers, has America woefully unprepared to deal with daily problems, let alone a crisis.

And if any more evidence is needed:

Trump reportedly won’t meet with Pelosi on a coronavirus bill, or for any reason, because he’s mad at her 

President Trump traveled to Capitol Hill on Tuesday to discuss a coronavirus economic stimulus package with Senate Republicans.

Any bill would have to be approved by the Democratic-led House, where Trump’s big idea, a payroll tax cut, is a nonstarter.

So why didn’t he also meet with House Speaker Nancy Pelosi (D-Calif.)? “Trump and Nancy Pelosi aren’t exactly on speaking terms,” Politico reports, “so he’s deputized Treasury Secretary Steven Mnuchin to handle talks with the speaker.”

OK, that is no surprise. The man is a proven psychopath.

But here is something he is absolutely right about:

Senate Republicans are also leery of the payroll tax cut, especially as Trump gave the impression he wants the taxes used to fund Social Security and Medicare slashed to zero, permanently.

Is it possible, that the idiot of Pennsylvania Avenue has figured out what no one else in Washington understands: That in a Monetarily Sovereign government,  FICA funds nothing?

OMG, will wonders never cease? Or is this the “stopped clock” syndrome?

Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

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 Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY

The one picture that shows why Bernie Sanders is foolish to call himself a “socialist.”

Here, from The Economist, is the one picture that shows why Bernie Sanders is foolish to call himself a socialist:

Graph of voters.png

Socialists are the least likely of the above groups to be political winners in America. (Well, at least they probably beat child molesters and telemarketers.)

The fact is that despite his strange claims, Bernie is not a socialist.

Merriam-Webster Definition of Socialism
1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2a: a system of society or group living in which there is no private property
b: a system or condition of society in which the means of production are owned and controlled by the state
3: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

Medicare-for-All, Sanders’s signature proposal, is not a socialist program.

1. It does not propose governmental ownership and administration of anything.
2. It does not propose the elimination of private property.
3. It does not propose that the means of production be owned and controlled by the state.
4. And it does not propose the unequal distribution of goods and pay according to work done.

What it does propose is federal funding of programs vital to the health and welfare of the people. Mere funding is not socialism. It’s what every government in history has done.

Contrast Medicare for All, which proposes paying the private sector (hospitals, doctors, nurses and other hospital employees, medical equipment manufacturers, pharmaceutical companies, etc.) with the socialist Veterans Administration, which owns its own hospitals and other medical facilities, and employs their personnel.

So why does Sanders continue to call himself a “democratic socialist”? Perhaps Bernie merely is stating the obvious. The entire government of the democratic United States is a combination of functions, having some socialist and some capitalist characteristics.

By not explaining to the voters what socialism really is, and also not explaining how Monetary Sovereignty could pay for his Medicare for All, Sanders has made serious mistakes, perhaps electorally fatal.

Even with Professor Stephanie Kelton advising him about Monetary Sovereignty, Sanders has exhibited a troubling stubbornness that may sink his candidacy.

It’s a shame.

Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

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 Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY

How Trump will protect you if you have pre-existing medical conditions.

Fox News anchor Martha MacCallum asked President Donald J. Trump how he would protect people with pre-existing conditions, which are guaranteed under the Affordable Care Act (aka Obamacare).

Image result for trump crowds
Sure, I’ll protect you. Trust me. Would I lie to you?

Here is her question:

“Because the issue of pre-existing conditions, you say you’re going to protect them.

But your administration is also fighting Obamacare in the courts.

So how do you promise you’re going to protect them based on that?”

Here is Trump’s answer:

“That’s what I said.  We want to terminate Obamacare because it’s bad.  Look, we’re running it really well, but we know it’s defective.  It’s very defective.  We got rid of the worst part.  And that was a very important thing.  You know getting rid of the individual mandate was a very important thing.

“But we want to get something — if we can get the House, you’ll have the best healthcare and health insurance anywhere on the planet.  But we have to get the House back.

“Now, that means we have to hold the Senate.  We have to get the House.  We have to, obviously, keep the White House.  But, what we’re doing is managing it really well.

“Now, it’s a case; it’s called Texas vs. — you understand — it’s Texas who is suing.  They want to terminate it.  But everybody there is also saying, and everybody — we have our great senator from Pennsylvania. 

“Thank you very much, Pat, for being here.  And Pat Toomey.

“And — but, very important — and our — by the way, our great congressmen, I have to say, they were warriors.  Right?   Real warriors, in terms of the fake impeachment.  I will tell you that. 

“But, so Texas is trying — and it’s Texas and many states — they’re trying to terminate, but they want to put something that’s much better.  They’re terminating it to put much better.  And they’ve all pledged that preexisting conditions, 100 percent taken care of.”

In summary, Trump cares about one thing: Keeping himself in power.

As for health care and pre-existing conditions, he doesn’t have a clue. It’s all a con job to fool the suckers. He is such an obvious charlatan, his followers must be the most easily duped people in human history.

Meanwhile, Trump and the Republicans have devoted years — YEARS (!) — to trying to get rid of Obamacare, and in all those years, despite repeated Trump promises, they never have come up with a plan that covers people with pre-existing conditions.

Never.

So why would they be able to, or even want to, come up with a plan, now?

This is what Trump additionally has said:

“I was the person who saved Pre-Existing Conditions in your Healthcare, you have it now, while at the same time winning the fight to rid you of the expensive, unfair and very unpopular Individual Mandate…..

“and, if Republicans win in court and take back the House of Representatives, your healthcare, that I have now brought to the best place in many years, will become the best ever, by far. I will always protect your Pre-Existing Conditions, the Dems will not!”

And while all that double-talk was spewing from Trump’s mouth, his bootlickers were in full throat. Here is what they had to say about Chairman Kim’s . . . uh, President Trump’s . . .  handling of another medical emergency, the VIRUS:

Mike Pence:
“This team has been, at your direction, Mr. President, meeting every day since it was established.”

Health and Human Services Secretary Alexander Azar:
“Thank you, Mr. President, for gathering your public health experts here today and for your strong leadership in keeping America safe. Because of this hard work and the president’s leadership, the immediate risk to the American public has been and continues to be low.

“The president’s early and decisive actions, including travel restrictions, have succeeded in buying us incredibly valuable time. … The president’s actions taken with the strong support of his scientific advisors have proven to be appropriate, wise, and well-calibrated to the situation.”

Pence:
“You know, Mr. President, you said from early on that we were going to have a whole-of-government approach. But the truth is, as evidenced by all these great industry leaders, it’s really a whole-of-America approach.”

Trump:
“Right.”

Pence:
“And the American people deserve to know that, according to all of our experts, the risk to the average American of contracting the coronavirus remains low. And that’s largely owing to your decision, Mr. President, to suspend all travel from China into the United States and to quarantine all Americans that are returning. … We’re grateful for that, Mr. President.”

(Kiss) (Kiss) (Kiss)(Kiss) (Kiss) (Kiss)

Trump:
“Be sure to kiss both cheeks, boys.”

OK, that last one isn’t true, so far as we know.

Here’s what Trump really said:

Trump:
(While at the Centers for Disease Control). “Every one of these doctors said, How do you know so much about this? Maybe I have a natural ability. Maybe I should have done that instead of running for president.”

Also, the sun came up this morning. Trump took credit for that, while both Pence and Azar complimented him for the beauty of the sky.

And this is what is running your healthcare: An incompetent and his sycophants.

If you get sick, in this greatest nation on earth, good luck paying for your medical services.

Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

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 Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY