Trump mob rule! What else did you expect, GOP??

Republicans, you did this!

You created and supported a Frankenstein monster, and predictably, you have lost control.

This is exactly what Hitler did, and now it is happening here — and you did it, Republicans!

No excuses. No denials. You fostered a mobster who has brought us mob violence. You have fostered an attempted coup. Trump’s storm troopers have taken over Congress.

YOU Republicans, did it.

You have sowed the wind, and now America reaps your whirlwind

Tell us more about how Republicans favor “Law and Order.”

When will you completely renounce Donald Trump and his attempt to destroy America?

WHEN?

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I am watching FOX News now, and they are blaming this on — poor security!! WTF is wrong with you people?

Trump is hiding in the White House. His one exercise of leadership is . . .1 tweet, and that 1 tweet is to be good to the police.

A guaranteed prediction about COVID and the #DumbTrumpers

Would you buy a used car from this man?

Here is my absolute, 100% guarantee about what the #DumbTrumpers soon will begin to do:

COVID infections mysteriously will begin to increase, as more people are vaccinated.

Investigators will learn that  Dumb Trumpers pretend to have been vaccinated so they can avoid wearing masks, thus becoming super-spreaders.

You heard it here first.

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. Social Security for all or a reverse income tax
  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 you are being brainwashed by America’s enemies.

Here are two fascinating articles showing how Donald Trump ignored reality in favor of anything he thought made him “look good.”

The deaths of thousands of Americans never became a problem for Trump, and in fact, eventually was denied by him. Facts never mattered. Instead, Trump’s focus was on anything he could claim as a personal success.

People who spoke scientific truth were sidelined in favor of sycophants who told Trump only what he wanted to hear — mostly garbage information.
And that eventually became Trump’s undoing, as the sycophants told him he was winning and was loved, when in fact, he was losing and was remarkably unloved for a sitting President.

Despite right-wing conspiracy theorists and nutty right-wing web sites, who blamed Biden for all manner of nonsense, the public saw Americans dying, Trump not wearing a mask, and legitimate doctors speaking the truth.

Thus, the man who preened and postured and lied in front of packed, unmasked rallies, found that those attendees who believed his lies were in the minority. His lies and incompetence could convince the easily conned, but there were not enough suckers to overcome rational, intelligent voters.

Misinformation Amplifiers Target Georgia Senate Races
The conservative social media personalities who spread baseless rumors of election fraud are starting to focus on the races that will decide control of the Senate.
By Sheera Frenkel and Davey Alba, Published Dec. 22, 2020, Updated Dec. 30, 2020

Two weeks ago, the conservative media personalities Diamond and Silk falsely claimed on their Facebook page that people who were not eligible to vote were receiving ballots in Georgia’s special elections next month. Their post was shared more than 300 times.

A week later, the right-wing commentator Mark Levin shared a post on his Facebook page falsely suggesting that the Rev. Raphael Warnock, one of the two Democrats running in the Georgia Senate runoffs, once welcomed Fidel Castro to his church. The misleading claim was shared more than 3,000 times.

At the same time, a drumbeat of misinformation about the presidential election count in Georgia droned on. Lara Trump, President Trump’s daughter-in-law, and the Hodgetwins, a bodybuilding duo who have turned to pro-Trump political comedy, shared several false stories on their Instagram and Facebook pages that claimed suitcases filled with ballots were pulled out from under tables during the November vote count. Tens of thousands of people shared their posts.

As Georgia prepares to hold special elections that will determine which party will control the U.S. Senate, the state has become the focus of a misinformation campaign that is aimed at discrediting the results of the November elections and convincing voters that Democrats are trying to steal the upcoming vote.

A small group of “superspreaders” is responsible for the vast majority of that misinformation, according to new research by Avaaz, a global human rights group. Not only are those accounts responsible for most of the misinformation swirling around the vote, they are drowning out accurate reporting by mainstream media outlets on Facebook and Instagram.

The research indicates that, despite efforts by social media companies to curtail misinformation, the viral nature of false news continues to take advantage of the algorithms that gin up what people see on those platforms. The algorithms often reward outrage over accuracy, and telling people what they want to hear or what gets them angry can easily overwhelm the truth.

TRACKING VIRAL MISINFORMATION Every day, Times reporters chronicle and debunk false and misleading information that is going viral online.
Americans are “being drowned in misinformation in Georgia by these superspreaders,” said Fadi Quran, a director at Avaaz.

The Avaaz study also calls into question Facebook’s recent decision to roll back a change that elevated news from authoritative outlets over hyperpartisan sources. The change, which the company said was intended to be temporary, had resulted in an increase in Facebook traffic for mainstream news publishers including CNN, NPR and The New York Times, while partisan sites like Breitbart and Occupy Democrats saw their numbers fall.

Many of the “superspreaders” have previously been named by researchers as playing central roles in spreading misinformation about voter fraud in the November presidential elections.

“Facebook has gotten a lot of pressure over claims that they are censoring the right or conservatives, but what the data shows is that they may be favoring these actors,” Mr. Quran said. “These accounts regularly spread misinformation. The question is: Why doesn’t Facebook demote their reach per their policies?”

Other misinformation spreaders included Eric Trump, the president’s son, and Sebastian Gorka, the president’s former deputy assistant.

President Trump also continued his barrage of misinformation about Georgia’s elections, according to the research by Avaaz.

The Hodgetwins, a bodybuilding duo who have turned to pro-Trump political comedy, wrongly claimed there was evidence proving wrongdoing in Georgia’s elections.

The top 20 Facebook and Instagram accounts spreading false claims aimed at swaying voters in Georgia accounted for more interactions than mainstream media outlets.

Using CrowdTangle, a Facebook-owned research tool, Avaaz examined social media posts between Nov. 8, when most news outlets called the election for President-elect Joseph R. Biden Jr., and Friday. They found that the top 20 “superspreaders” averaged 5,500 interactions on their Facebook posts, while the 20 largest news outlets averaged 4,100 interactions per post.

These users saw more people interacting with their posts, despite having fewer followers on Facebook than the mainstream news outlets. Combined, the news outlets had more than 208 million followers, while the top “superspreaders” had 85 million followers.

Mr. Quran said the numbers showed how Facebook’s algorithms favored the sensational, and often false, posts.

A Facebook spokesman, Kevin McAlister, said the company was still cracking down on misinformation, despite the recent rollback.

“We’re taking every opportunity to connect people to reliable information about the election,” Mr. McAlister said. He said the company was also “deploying the teams and technology we used in the general elections to fight voter suppression, misinformation and interference in the Georgia runoff elections.”

None of the top misinformation spreaders responded to requests for comment.

Their claims ran the gamut from insults — that the Democratic Senate candidates, Mr. Warnock and Jon Ossoff, are corrupt — to the often-repeated false claim that voting machines that run on software from the company Dominion Voting Systems flipped votes from President Trump to Mr. Biden.

Mr. Quran said the accounts also appeared to be “professionalized” in how they spread misinformation.

“We see them regularly testing new narratives to see where they can hit a certain nerve, and then acting on it,” he said. Misinformation that successfully targeted Latino voters during the November presidential election, for example, was also being repurposed for Georgia, he said.

One claim, that Mr. Warnock, a pastor in an Atlanta church where the Rev. Dr. Martin Luther King Jr. once preached, “celebrated Fidel Castro and welcomed him to his church” was not accurate.

The claim refers to Mr. Castro’s appearance at a New York City church where Mr. Warnock was a pastor 25 years ago, and there is no evidence that Mr. Warnock was involved in arranging the visit. There is also no evidence that he welcomed Mr. Castro.

It was a variation of claims that circulated in Florida during the presidential election that linked Democratic candidates to the Communist Party in Cuba. Some of those claims have also been translated into Spanish to target the more than 300,000 voters with Latino backgrounds in Georgia, Mr. Quran said.

Voters in Georgia are also being targeted with misleading information by new media start-ups. A conservative local news network, Star News group, which already runs news sites in Tennessee, Virginia and Minnesota, announced in November that it was opening a venture called the Georgia Star News, according to the liberal media watchdog group Media Matters for America.

Since then, the website has published misleading news about the presidential election and the coming runoff election, according to an assessment by NewsGuard, a start-up that examines false stories.

The Georgia Star News said in a response that NewsGuard’s assessment included “subjective, nonspecific generalizations that lack any meaningful context” and that it “rejected their assessment as baseless”

A Dec. 5 headline promised a “bombshell” story, reprinting an allegation that an audit of election results in a Georgia county revealed that Dominion voting machines flipped ballots from Mr. Trump to Mr. Biden, in spite of overwhelming evidence to the contrary.

The article was shared more than 2,000 times on Facebook, according to CrowdTangle data, reaching up to 650,000 people on the social network.

Kevin Roose contributed reporting.

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

By Michael D. Shear, Maggie Haberman, Noah Weiland, Sharon LaFraniere and Mark Mazzetti, Dec. 31, 2020

WASHINGTON — It was a warm summer Wednesday, Election Day was looming and President Trump was even angrier than usual at the relentless focus on the coronavirus pandemic.

“You’re killing me! This whole thing is! We’ve got all the damn cases,” Mr. Trump yelled at Jared Kushner, his son-in-law and senior adviser, during a gathering of top aides in the Oval Office on Aug. 19.

“I want to do what Mexico does. They don’t give you a test till you get to the emergency room and you’re vomiting.”

Mexico’s record in fighting the virus was hardly one for the United States to emulate. But the president had long seen testing not as a vital way to track and contain the pandemic but as a mechanism for making him look bad by driving up the number of known cases.

And on that day he was especially furious after being informed by Dr. Francis S. Collins, the head of the National Institutes of Health, that it would be days before the government could give emergency approval to the use of convalescent plasma as a treatment, something Mr. Trump was eager to promote as a personal victory going into the Republican National Convention the following week.

“They’re Democrats! They’re against me!” he said, convinced that the government’s top doctors and scientists were conspiring to undermine him. “They want to wait!”

Throughout late summer and fall, in the heat of a re-election campaign that he would go on to lose, and in the face of mounting evidence of a surge in infections and deaths far worse than in the spring, Mr. Trump’s management of the crisis — unsteady, unscientific and colored by politics all year — was in effect reduced to a single question: What would it mean for him?

The result, according to interviews with more than two dozen current and former administration officials and others in contact with the White House, was a lose-lose situation. Mr. Trump not only ended up soundly defeated by Joseph R. Biden Jr., but missed his chance to show that he could rise to the moment in the final chapter of his presidency and meet the defining challenge of his tenure.

Efforts by his aides to persuade him to promote mask-wearing, among the simplest and most effective ways to curb the spread of the disease, were derailed by his conviction that his political base would rebel against anything that would smack of limiting their personal freedom.

Even his own campaign’s polling data to the contrary could not sway him.

His explicit demand for a vaccine by Election Day — a push that came to a head in a contentious Oval Office meeting with top health aides in late September — became a misguided substitute for warning the nation that failure to adhere to social distancing and other mitigation efforts would contribute to a slow-rolling disaster this winter.

His concern? That the man he called “Sleepy Joe” Biden, who was leading him in the polls, would get credit for a vaccine, not him.

The government’s public health experts were all but silenced by the arrival in August of Dr. Scott W. Atlas, the Stanford professor of neuroradiology recruited after appearances on Fox News.

With Dr. Deborah L. Birx, the coordinator of the White House virus task force, losing influence and often on the road, Dr. Atlas became the sole doctor Mr. Trump listened to.

His theories, some of which scientists viewed as bordering on the crackpot, were exactly what the president wanted to hear: The virus is overblown, the number of deaths is exaggerated, testing is overrated, lockdowns do more harm than good.

The president has long seen testing not as a vital way to track and contain the pandemic but as a mechanism for making him look bad by driving up the number of known cases

As the gap between politics and science grew, the infighting that Mr. Trump had allowed to plague the administration’s response from the beginning only intensified. Threats of firings worsened the leadership vacuum as key figures undercut each other and distanced themselves from responsibility.

The administration had some positive stories to tell. Mr. Trump’s vaccine development program, Operation Warp Speed, had helped drive the pharmaceutical industry’s remarkably fast progress in developing several promising approaches. By the end of the year, two highly effective vaccines would be approved for emergency use, providing hope for 2021.

The White House rejected any suggestions that the president’s response had fallen short, saying he had worked to provide adequate testing, protective equipment and hospital capacity and that the vaccine development program had succeeded in record time.

“President Trump has led the largest mobilization of the public and private sectors since WWII to defeat Covid-19 and save lives,” said Brian Morgenstern, a White House spokesman.

But Mr. Trump’s unwillingness to put aside his political self-centeredness as Americans died by the thousands each day or to embrace the steps necessary to deal with the crisis remains confounding even to some administration officials. “Making masks a culture war issue was the dumbest thing imaginable,” one former senior adviser said.

His own bout with Covid-19 in early October left him extremely ill and dependent on care and drugs not available to most Americans, including a still-experimental monoclonal antibody treatment, and he saw firsthand how the disease coursed through the White House and some of his close allies.

Yet his instinct was to treat that experience not as a learning moment or an opportunity for empathy, but as a chance to portray himself as a Superman who had vanquished the disease.

His own experience to the contrary, he assured a crowd at the White House just a week after his hospitalization, “It’s going to disappear; it is disappearing.”

Weeks after his own recovery, he would still complain about the nation’s preoccupation with the pandemic.

“All you hear is Covid, Covid, Covid, Covid, Covid, Covid, Covid, Covid, Covid, Covid, Covid,” Mr. Trump said at one campaign stop, uttering the word 11 times.

In the end he could not escape it.

By late July, new cases were at record highs, defying Mr. Trump’s predictions through the spring that the virus was under control, and deaths were spiking to alarming levels. Herman Cain, a 2012 Republican presidential candidate, died from the coronavirus; the previous month he had attended a Trump rally without a mask.

With the pandemic defining the campaign despite Mr. Trump’s efforts to make it about law and order, Tony Fabrizio, the president’s main pollster, came to the Oval Office for a meeting in the middle of the summer prepared to make a surprising case: that mask wearing was acceptable even among Mr. Trump’s supporters.

Arrayed in front of the Resolute Desk, Mr. Trump’s advisers listened as Mr. Fabrizio presented the numbers.

According to his research, some of which was reported by The Washington Post, voters believed the pandemic was bad and getting worse, they were more concerned about getting sick than about the virus’s effects on their personal financial situation, the president’s approval rating on handling the pandemic had hit new lows and a little more than half the country did not think he was taking the situation seriously.

But what set off debate that day was Mr. Fabrizio’s finding that more than 70 percent of voters in the states being targeted by the campaign supported mandatory mask-wearing in public, at least indoors, including a majority of Republicans.

Mr. Kushner, who along with Hope Hicks, another top adviser, had been trying for months to convince Mr. Trump that masks could be portrayed as the key to regaining freedom to go safely to a restaurant or a sporting event, called embracing mask-wearing a “no-brainer.”

Mr. Kushner had some reason for optimism. Mr. Trump had agreed to wear one not long before for a visit to Walter Reed National Military Medical Center, after finding one he believed he looked good in: dark blue, with a presidential seal.

But Mark Meadows, the White House chief of staff — backed up by other aides including Stephen Miller — said the politics for Mr. Trump would be devastating.

“The base will revolt,” Mr. Meadows said, adding that he was not sure Mr. Trump could legally make it happen in any case.

That was all Mr. Trump needed to hear. “I’m not doing a mask mandate,” he concluded.

Aside from when he was sick, he was rarely seen in a mask again.

When Mr. Trump returned from the hospital, his communications aides, with the help of Ivanka Trump, his daughter, urged him to deliver a national address in which he would say: “I had it. It was tough, it kicked my ass, but we’re going to get through it.”

He refused, choosing instead to address a boisterous campaign rally for himself from the balcony of the White House overlooking the South Lawn.

Mr. Trump never came around to the idea that he had a responsibility to be a role model, much less that his leadership role might require him to publicly acknowledge hard truths about the virus — or even to stop insisting that the issue was not a rampaging pandemic but too much testing.

Alex M. Azar II, the health and human services secretary, briefed the president this fall on a Japanese study documenting the effectiveness of face masks, telling him: “We have the proof. They work.” But the president resisted, criticizing Mr. Kushner for pushing them and again blaming too much testing — an area Mr. Kushner had been helping to oversee — for his problems.

“I’m going to lose,” Mr. Trump told Mr. Kushner during debate preparations. “And it’s going to be your fault, because of the testing.”

Mr. Morgenstern, the White House spokesman, said that exchange between the president and Mr. Kushner “never happened.”

Mr. Azar, who was sometimes one of the few people wearing a mask at White House events, privately bemoaned what he called a political, anti-mask culture set by Mr. Trump. At White House Christmas parties, Mr. Azar asked maskless guests to back away from him.

It did not work out like that, and by fall the consequences were clear.

Mr. Trump had always tolerated if not encouraged clashes among subordinates, a tendency that in this case led only to policy paralysis, confusion about who was in charge and a lack of a clear, consistent message about how to reduce the risks from the pandemic.

Keeping decision-making power close to him was another Trump trait, but in this case it also elevated the myriad choices facing the administration to the presidential level, bogging the process down in infighting, raising the political stakes and encouraging aides to jockey for favor with Mr. Trump.

The result at times was a systemwide failure that extended well beyond the president.

“What we needed was a coordinated response that involved contributions from multiple agencies,” said Dr. Scott Gottlieb, who was commissioner of the Food and Drug Administration for the first two years of the Trump administration.

“Someone needed to pull that all together early,” he said. “It wasn’t the job of the White House, either. This needed to happen closer to the agencies. That didn’t happen on testing, or on a whole lot of other things.”

The relationship between Mr. Azar and Dr. Stephen M. Hahn, the commissioner of the Food and Drug Administration, grew increasingly tense; by early November, they were communicating only by text and in meetings.

Dr. Birx had lost the clout she enjoyed early on in the crisis and spent much of the summer and fall on the road counseling governors and state health officials.

Mr. Meadows was at odds with almost everyone as he sought to impose the president’s will on scientists and public health professionals. In conversations with top health officials, Mr. Meadows would rail against regulatory “bureaucrats” he thought were more interested in process than outcome.

Some of the doctors on the task force, including Dr. Anthony S. Fauci and Dr. Robert R. Redfield, were reluctant to show up in person at the White House, worried that the disdain there for mask-wearing and social distancing would leave them at risk of infection.

Vice President Mike Pence was nominally in charge of the task force but was so cautious about getting crosswise with Mr. Trump as they battled for re-election that, in public at least, he became nearly invisible.

The debates inside the White House increasingly revolved around Dr. Atlas, who had no formal training in infectious diseases but whose views — which Mr. Trump saw him deliver on Fox News — appealed to the president’s belief that the crisis was overblown.

His arrival at 1600 Pennsylvania Avenue was itself something of a mystery. Some aides said he was discovered by Kayleigh McEnany, the White House press secretary. Others said John McEntee, the president’s personnel chief, had been Googling for a Trump-friendly doctor who would be loyal.

Marc Short, Mr. Pence’s chief of staff, opposed hiring Dr. Atlas. But once the president and his team brought him in, Mr. Short insisted that Dr. Atlas have a seat at the task force table, hoping to avoid having him become yet another internal — and destructive — critic.

Once inside, Dr. Atlas used the perch of a West Wing office to shape the response. During a meeting in early fall, Dr. Atlas asserted that college students were at no risk from the virus. We should let them go back to school, he said. It’s not a problem.

Dr. Birx exploded. What aspect of the fact that you can be asymptomatic and still spread it do you not understand? she demanded. You might not die, but you can give it to somebody who can die from it. She was livid.

“Your strategy is literally going to cost us lives,” she yelled at Dr. Atlas. She attacked Dr. Atlas’s ideas in daily emails she sent to senior officials. And she was mindful of a pact she had made with Dr. Hahn, Dr. Fauci and Dr. Redfield even before Dr. Atlas came on board: They would stick together if one of them was fired for doing what they considered the right thing.

Health officials often had a hard time finding an audience in the upper reaches of the West Wing. In a mid-November task force meeting, they issued a dire warning to Mr. Meadows about the looming surge in cases set to devastate the country. Mr. Meadows demanded data to back up their claim.

One outcome of the meeting was a Nov. 19 news conference on the virus’s dire threat, the first in many weeks. But while Mr. Pence, who led the briefing, often urged Americans to “do their part” to slow the spread of the virus, he never directly challenged Mr. Trump’s hesitancy on masks and social distancing.

At the briefing, he said that “decision making at the local level” was key, continuing a long pattern of the administration seeking to push responsibility to the states.

Mr. Azar had been cut out of key decision-making as early as February, when Mr. Pence took over the task force. Mr. Azar would complain to his associates that Mr. Pence’s staff and task force members went around him to issue orders to his subordinates.

On tenterhooks about his job status, Mr. Azar found an opening that offered a kind of redemption, steering his attention through the summer and fall to Operation Warp Speed, the government’s effort to support rapid development of a vaccine, lavishing praise on Mr. Trump and crediting him for nearly every advance.

Behind the scenes, Mr. Azar portrayed Dr. Hahn to the White House as a flailing manager — a complaint he also voiced about Dr. Redfield. In late September, he told the White House he was willing to fire Dr. Hahn, according to officials familiar with the offer.

For their part, Dr. Hahn, Dr. Redfield, Dr. Birx and other senior health officials saw Mr. Azar as crushing the morale of the agencies he oversaw as he sought to escape blame for a worsening crisis and to strengthen his own image publicly and with the White House.

Health officials on the task force several times took their complaints about Mr. Azar to Mr. Pence’s office, hoping for an intervention.

Caitlin B. Oakley, a spokeswoman for Mr. Azar, said he had “always stood up for balanced, scientific, public health information and insisted that science and data drive the decisions.”

Once eager to visit the White House, Dr. Hahn became disillusioned with what he saw as its efforts to politicize the work of the Food and Drug Administration, and he eventually shied away from task force meetings, fearing his statements there would leak.

If there was a bureaucratic winner in this West Wing cage match, it was Dr. Atlas.

He told Mr. Trump that the right way to think about the virus was how much “excess mortality” there was above what would have been expected without a pandemic.

Mr. Trump seized on the idea, often telling aides that the real number of dead was no more than 10,000 people.

As of Thursday, 342,577 Americans had died from the pandemic.

In an Oval Office meeting with senior health officials on Sept. 24, the president made explicit what he had long implied: He wanted a vaccine before the election, according to three people who witnessed his demand.

Pfizer’s chief executive had been encouraging the belief that the company could deliver initial results by late October. But Mr. Trump’s aides tried in vain to make clear that they could not completely control the timing.

Dr. Fauci and Dr. Hahn reminded West Wing officials that a company’s vaccine trial results were a “black box,” impossible to see until an independent monitoring board revealed them. A vaccine that did not go through the usual, rigorous government approval process would be a “Pyrrhic victory,” Mr. Azar told them. It would be a shot no one would take.

Dr. Moncef Slaoui, the scientific leader of Operation Warp Speed, said the president never asked him to deliver a vaccine on a specific timetable. But he said Mr. Trump sometimes complained in meetings that “it was not going to happen before the election and it will be ‘Sleepy Joe’” who would ultimately get credit.

In late October, science and regulations worked against Mr. Trump’s waning hopes for pre-Election Day good news. At the F.D.A., scientists had refined the standards for authorizing a vaccine for emergency use. And at Pfizer, executives realized that the agency was unlikely to authorize its vaccine on the basis of so few Covid-19 cases among its clinical trial volunteers.

They decided to wait for more data, a delay of up to a week.

When Pfizer announced on Nov. 9 — two days after Mr. Biden clinched his victory — that its vaccine was a stunning success, Mr. Trump was furious. He lashed out at the company, Dr. Hahn and the F.D.A., accusing “deep state regulators” of conspiring with Pfizer to slow approval until after the election.

The president’s frustration with the pace of regulatory action would continue into December, as the F.D.A. went through a time-consuming process of evaluating Pfizer’s data and then that of a second vaccine maker, Moderna.

On Dec. 11, Mr. Meadows exploded during a morning call with Dr. Hahn and Dr. Peter Marks, the agency’s top vaccine regulator. He accused Dr. Hahn of mismanagement and suggested he resign, then slammed down the phone. That night, the F.D.A. authorized the Pfizer vaccine.

In the weeks that followed, Mr. Pence, Mr. Azar, Dr. Fauci and other health officials rolled up their sleeves to be vaccinated for the cameras.

Mr. Trump, who after contracting Covid-19 had declared himself immune, has not announced plans to be vaccinated.

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. Social Security for all or a reverse income tax
  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

Chicago Tribune Editorial, A Monument To Ignorance, Misinformation, and Disinformation

The Chicago Tribune is the epitome of the big city newspaper. Big, bold, and with a great deal of investigative reporting.

For many years it had been right-wing from top to bottom, but of late, its columnists (with one exception) have ranged from moderate to progressive.Destroyer of Newspapers' Vulture Fund Buys Majority Stake at Tribune Publishing | Common Dreams News

The editorials however, have hewed to the conservative line: Small government, reduced federal deficits and debt, pro-business, and anti-poor.

By way of example, here are some excerpts from a January 3, 2021, Chicago Tribune editorial:

The Biden Presidency
How Joe Biden can save Medicare and Social Security

There are some who speculate Biden, now 78, will declare early on that he won’t seek reelection.

We’re not in the prediction business. But we are in the advice business, and Biden — like the presidents who preceded him — has a shot at building a historic legacy as the one who rallied people of all political stripes to confront issues other pols duck.

Among those issues: saving the social safety net for older Americans.

The Washington establishment has known for decades that Medicare and Social Security are imperiled.

That was true even after 1983 when President Ronald Reagan, a Republican, and House Speaker Tip O’Neill, a Democrat, famously cut a compromise to extend the solvency of Social Security by a couple of generations.

To get the deal, Reagan surrendered his demand that Americans be allowed to opt out of the program. And O’Neill disproved the adage that Democrats are frightened to speak aloud about entitlement reforms they know are inevitable.

In 2021, though, the entitlement future grows bleaker. Older people are living longer; younger people are having fewer babies.

A U.S. economy that in 1950 had 16 workers for each Social Security recipient now has only 2.8 — and by the time today’s new workers retire around 2060, that ratio will plummet to 2-to-1.

The math is inexorable, the entitlements unsustainable. Federal trustees now calculate that Medicare’s main fund, covering hospital costs, will be exhausted in 2026.

Yes, in five years. Social Security’s main fund runs dry eight years later, in 2034, after which incoming taxes from workers will pay only 76% of scheduled benefits.

And there you have The Big Lie of Economics, in all its glory.

The so-called “math,” is a myth..

The “16 workers for each Social Security recipient now has only 2.8” is meaningless. Contrary to popular ignorance, workers and their FICA contributions do not fund Social Security. 

The federal government creates new dollars, ad hoc, every time it pays for something. Those FICA dollars disappear from the economy and are destroyed upon receipt by the Treasury.

Social Security’s “main fund” is not the nonexistant trust fund. Rather, Social Security’s main fund is the U.S. government itself, which cannot ever run short of dollars.

Presidents of both major parties have given lip service to reform but — sometimes for lack of trying, sometimes because of blind resistance from the opposing party — none since Reagan has delivered fixes.

A President Biden can cite the urgency Barack Obama voiced on Jan. 15, 2009, when he told the Washington Post Editorial Board that he would rescue Social Security and Medicare:

“What we have done is kicked this can down the road. We are now at the end of the road and are not in a position to kick it any further. We have to signal seriousness in this by making sure some of the hard decisions are made under my watch, not someone else’s. … You have to have a president who is willing to spend some political capital on this. And I intend to spend some.”

Lovely words, except that was all Obama ever had: Words. He was a weak conservative in a liberal’s clothing.

He was the “Deporter-in-Chief,” the “Debt-Hawk-In-Chief,” the “Big-Business-Appeaser-in-Chief, and the “Coddle-The-Big-Banks-in-Chief.

Obama was George Bush only more intelligent and glib.

Except Obama didn’t spend capital on rescuing entitlements. We wrote six years later, in 2015, that all of us should “forgive young American workers who darkly assume that, because their elders behaved like selfish pigs, nothing but a heap of debt paper will be left for them.”

“Selfish pigs” implies that because Americans didn’t want to increase FICA taxes or cut benefits, Social Security would fail. Again, nonsense.

Selfishness has nothing to do with it. Ignorance has everything to do with it.

Social Security can fail only if the federal government intentionally allows it to fail.

In 2020, the federal government decided to add an extra $3 Trillion to the economy in order to prevent a depression. This year, the federal government will send out $600 checks — billions more dollars — to continue supporting the economy.

Where will those additional trillions of dollars come from?

Those additional trillions will not come from additional taxes. There are no additional taxes. The additional dollars will come from the same place all federal spending dollars come from: The federal government simply will create dollars by pressing computer keys.

And no, the dollars will not be borrowed. The federal government does not borrow. Being Monetarily Sovereign, and having the unlimited ability to create its own sovereign currency, the federal government creates T-securities from thin air and sells them to investors.

The investors’ dollars are stored in T-security accounts — not used by the federal government — and when the T-securities mature, the government sends the dollars back to the investors.

The federal government can create dollars endlessly. Even if the government didn’t collect a single FICA dollar — even a single tax dollar of any kind — the government could fund Social Security, Medicare and every other project, forever.

President-elect Biden knows. Yet as a candidate, he vacillated between pandering to voters and acknowledging that something has to change.

He proposes higher Social Security benefits for low earners. And he would extend the payroll tax — now 6.2% for workers and the same for their employers.

For 2021, that taxation applies until a worker has earned $142,800. But Biden’s plan also would apply the tax to wages above $400,000. So if you earn, say, $500,000 a year, you’d pay the Social Security tax on your first $142,800 and on your last $100,000, but not on the $257,200 between those thresholds.

Candidate Biden dismissed “Medicare for All” proposals as unaffordable.

Yet he has proposed lowering the eligibility age from 65 to 60, while retaining the private health insurance system that now covers 180 million Americans.

Biden knows. Bernie Sanders knows, too. He had to know because for a year he was advised by Stephanie Kelton, who recently published a book telling why the government can’t run short of dollars.

Sadly, Biden and Sanders, being old-line politicians, have been afraid to tell the American public the truth.

Hospital groups oppose the eligibility age drop; shifting more people to Medicare would deprive providers of the higher reimbursements that private insurers now pay for care.

But without the political will to tell voters that the entitlement programs are on a failing trajectory, the details of how any president and Congress would tweak them are immaterial.

The likely eventuality is some combination of changes to eligibility ages, payroll taxation and future benefits. Beneath that umbrella phrase sit countless possible recipes for rescue.

It’s not just hospital groups that oppose the truth. It’s the rich, who run America — they are the primary opposition.

The rich fear that if the voters understood the facts of Monetary Sovereignty, they would demand more benefits, and receiving those benefits would narrow the income/wealth/power Gap between the rich and the rest.

It is the Gap that makes the rich, rich. Without the Gap, no one would be rich; we all would be the same. And the wider the Gap, the richer they are.

So the rich bribe the politicians, the media, and the economists to tell you that benefits are “unaffordable” and “unsuitable,” and if benefits run out, it’s your fault for being “selfish.”

And now, here comes the suicide recommendation:

You’ll find plenty of smart ideas at the website of the nonpartisan Committee for a Responsible Federal Budget (CRFB).

The towering issue now is whether Biden will, like presidents before him, let the nation drift closer to an insolvency crisis or, instead, will be the leader who saves these programs.

As a senior citizen and a grandfather, Biden has the street cred to level with older Americans about the punishing math — and to give young Americans some hope that Medicare and Social Security will be there for them.

On entitlements and other crucial issues, this is how Joe Biden can take his place in history — not merely as the guy who beat the last guy, but as the American president who solved problems his predecessors wouldn’t touch.

The above four sentences are filled with lies from the rich.

1. The CRFB is a “rich-guys” organization devoted to promulgating the Big Lie that somehow the U.S. federal government can run short of the U.S. dollar, which it originally created from thin air and continues to create from thin air, at will. We discuss this harmful and dangerous group here.

2. The U.S. government cannot become insolvent — not now, not tomorrow, not ever. The federal government is like the Bank in the game of Monopoly. It too cannot become insolvent, because by rule, the players can add more dollars to the Bank at will.

3. The “punishing math” is a punishing myth, which is easy to see, if you ask yourself one simple question: Where did the trillions of dollars come from? The so-called federal “debt” is above $20 trillion; where did those dollars come from?

If federal spending were funded by taxes and borrowing, taxpayers and lenders would first need to have dollars. There would have to be an original source for all those trillions of dollars floating around. And there is. The original source of U.S. dollars is the federal government.

Dollars are created by bank lending, but even banks need to have an original source of dollars. Without the federal government’s unlimited ability to create its own sovereign currency, there would be no dollars.

4. The “problems his predecessors wouldn’t touch” have nothing to do with the federal government’s infinite solvency. They have to do with the misinformation and disinformation being fed to the American public.

If Georgia voters elect two Democratic Senators, Biden will have the political power to reduce everyone’s taxes while providing everyone with Social Security, healthcare, and all the other benefits alluded to in the Ten Steps to Prosperity (below).

The only question then: Will he have the moral courage?

…………………………………………………………………………
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. Social Security for all or a reverse income tax
  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