This is what happens in the Trump administration when you tell the truth. Tuesday, Mar 24 2020 

 

fauci.png

TRUMP DORAL CLOSURES & UPDATES

In light of recent developments with COVID-19 and in collaboration with Miami-Dade County’s mandate, the resort has temporarily ceased all operations.

The safety and well-being of our guests, residents and team members is paramount at Trump National Doral.

The suspension may last for up to 30 days and at this time we will not be confirming any reservations.

Hmmm . . . now tell me again why Trump wants to send people back to work, even while the virus is claiming more and more lives every day.

It couldn’t have anything to do with his failing hotels, could it?

Meanwhile, if he’s so concerned about the “well-being” of Americans, why has he done so little to help fight the disease, and why is he so opposed to giving money and health care to ordinary Americans?

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Trump aides say he’s starting to lose his patience with Dr. Anthony Fauci

President Trump and senior White House advisers are starting to lose patience with Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, as he continues to publicly correct Trump when he makes false statements about the coronavirus, The New York Times reports.

We certainly don’t want Fauci to correct Trump’s endless false statements. He wouldn’t have time for anything else.

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Trump suggests he might soon prioritize the economy over public health

The White House is apparently regretting letting medical experts handle a medical emergency.

As President Trump’s top coronavirus doctor Anthony Fauci let on in weekend interviews, he’s pleased Trump has actually listened to and taken his advice in fighting the ongoing COVID-19 outbreak.

But starting with a Sunday night tweet, Trump indicated he’s taking back the helm from Fauci as soon as the CDC’s recommended 15-day isolation period is over.

“We cannot let the cure be worse than the problem,” Trump tweeted, (copying what FOX News told him to say) alluding to the economic fallout that coronavirus containment measures have caused.

Trump is especially concerned with the economic fallout to his failing hotels. That is why he wants to send everyone back to work, and that is why he wanted Mnuchin to secretly dole out $425 Billion, to Trump’s failing hotels.

Thank heavens, the Dems are fighting it.

Trump’s followers believe it is a dandy idea.

Vice President Mike Pence echoed that sentiment in saying the CDC would update its guidance Monday to allow people exposed to the virus to return to work sooner if they wear a mask.

Wearing a mask has only marginal value, if that. More people will sicken and die if Trump has his way (but more importantly, his failing hotels will be saved).

It comes amid a “growing sentiment” in the White House that “medical experts were allowed to set policy that has hurt the economy,” and after some Republican lawmakers “pleaded with the White House to find ways to restart the economy.

Yes, masks don’t offer much protection, but who cares?

And as for those medical experts, what do they know about disease?

Let people die from the coronavirus. Saving Trump’s failing hotels is more important than saving people’s lives. Right?

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Trump, whose hotel business is losing millions, says ‘I’ll be the oversight’ of $500 billion coronavirus ‘slush fund’

One of the big sticking points in a $1.8 trillion coronavirus bailout package Senate Republicans are trying to pass is a $500 billion fund for hard-hit businesses and state and local governments.

Treasury Secretary Steven Mnuchin would decide the recipients of $425 billion of that money, and the legislation contains no new oversight provisions for how it’s doled out, leading Democrats to warn that Mnuchin could use this “slush fund” to bail out politically connected corporations, GOP donors, and even President Trump’s private business.

When asked about those concerns during a press conference Monday evening, Trump said: “I’ll be the oversight, I’ll be the oversight. We’re gonna make good deals.”

Are these the same Republicans who keep trying to get rid of health care for the middle- and lower-income people? Yes, they are.

And don’t worry. Trump will be the oversight.

What was that story about the fox guarding the henhouse? This is the story of FOX News guarding the Presidency.

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And here’s another great GOP idea:

Texas Lt. Gov. Dan Patrick thinks grandparents should be willing to sacrifice their lives to save the economy

Texas Lt. Gov. Dan Patrick (R) seems to think that if given the choice, Americans 70 and over would be willing to risk getting coronavirus and possibly dying if it means stores re-open and the economy rebounds.

On Fox News Monday night, Patrick lamented not being asked how he would balance protecting some of the people most at-risk for contracting coronavirus — adults 65 and over — while keeping businesses up and running.

“No one reached out to me and said, as a senior citizen, are you willing to take a chance on your survival in exchange for keeping the America that all America loves for your children and grandchildren?” he said. “If that’s the exchange, I’m all in.”

Well, I certainly would be willing to sacrifice my life if that would save Trump’s failing hotels. I’m sure Trump would do the same for me.

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

Watch Pelosi and McConnell debate the stimulus package Monday, Mar 23 2020 

Pelosi McConnell gold bars.png

Nancy and Mitch can’t agree on how much gold to pump into the economy.

Pelosi: “The economy is crashing.”

McConnell: “And The People are suffering.”

P: “And dying.”

M: “And we’re running out of time to prevent a severe recession.”

P: “Or more likely a depression.”

M: “Even worse than the Great Depression of 1929.”

P: “But we can’t agree on how much money we should pump into the economy.”

M: “I want to pump in one gold bar. We can’t afford more than one.”

P: “And I want to pump in two gold bars.”

M: “But I want to give at least 1 gold bar to business.”

P: “And I want to give at least 2 gold bars to the people.”

M: “We don’t know what to do.”

P: “So we’ll just keep arguing.

M: “And arguing.”

The People: “Why not pump in 4 gold bars? Then you Mitch, can give more than 1 gold bar to business, and you Nancy can give more than 2 gold bars to The People, and the economy will recover faster, and everyone will be happy.”

P & M (together): “Not everyone.”

The People: “Who won’t be happy?”

Image result for tons of gold bars

“Infinite but unsustainable”

P & M (together): “The rich. They say we can’t afford to give so much gold to The People. They say giving 4 gold bars would be ‘unsustainable.’ And it would be giving The People too much. They wouldn’t know what to do with all that gold, like we rich folks do.”

P: “And it would be ‘profligate.’ The people probably would just use the gold for food, clothing, housing, and education rather than hiding it in overseas tax shelters, like we do.”

M: “And the Libertarians agree that all government gold is socialism.”

The People: “But, look around you. The government has infinite gold. It never can run short. Why not enrich the economy?”

P:  No, sorry. We’ll have to keep arguing and arguing, to keep The People down.

M: “If ever we do anything, it will be too little and too late.”

P: “And make it look like we really, really are trying.

M & P (together): “And hey, while we argue, you and I still are getting paid. And isn’t that the whole point?”

Image result for pelosi and mcconnell smiling

“I’m OK. Are you OK?” “Yes, I’m OK.”

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

Why Are The Pols Fighting Over Infinite Assets? Monday, Mar 23 2020 

The U.S. federal government is Monetarily Sovereign. It has the infinite ability to create its own sovereign currency, the U.S. dollar. It never can run short of dollars. Never.

If it wished, the U.S. government could, at the press of a computer key, create $100 trillion dollars.

Image result for fireboat fighting a fire

“Why are we arguing about how much water is needed? Keep on pumping.”

Money supply never is a problem for the government, but it is a huge problem for the economy. What does that tell you?

Very simply, it says that during times of economic stress, the federal government should give the economy enough money to cure the stress.

Think of that clear truth as you read excerpts from the following article:

As Congress negotiates over the stimulus package, here are the main sticking points:
By: Deirdre Shesgreen

Both sides want to give businesses a lifeline amid shutdowns that threaten to plunge the economy into a deep recession.

Democrats want tough provisions to prevent corporations that receive federal bailouts from later engaging in stock buybacks that enrich their executives.

Yes, stock buybacks enrich shareholders, most of whom are Mr. and Mrs. Average Americans. So why be concerned about a handful of executives getting rich?

The economy is burning, and the fireboat officers are quibbling about water. Pump money into the economy — $7 trillion would be a good start, and forget about micromanaging the dollar flow.

Senate Majority Leader Mitch McConnell, R-Ky., said his bill already includes Democrats’ demands for conditions on loans and other aide to major businesses.

Democrats have called for provisions that would temporarily block evictions and foreclosures as families struggle with lost income.

Rather than waiting to produce a complex, convoluted series of regulations, simply give people and businesses the money to replace lost income.

The federal government has infinite money; stop quibbling.

They also want additional funding for food stamps and an expansion of unemployment benefits.

absolutely. Why not provide additional funding for food stamps and unemployment benefits. This won’t make the poor rich, but it may make life bearable.

Democrats and Republicans are also wrangling over how much money should go to hospitals and health providers to help them deal with the crisis.

Why wrangle? Pour in the money. There is no penalty for giving “too much.” When it comes to hospitals and health providers, there is no “too much.”

For God’s sake, politicians, stop pretending like the dollars are coming out of your own pockets.

No one pays for federal dollars. No taxes will be necessary. The government creates dollars from thin air; it does not need taxes.

Congress, stop wasting time. Just pump the money into the economy and put out the fire.

About $7 trillion this year, should do it, but if more is need to fund favorite projects, pump in more.

Dollars circulate through the economy; a rising tide lifts all boats.

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

 

OMG! The government's response is even worse than you realized. Sunday, Mar 22 2020 

OK, you already know that Trump emasculated the Departments that were created to deal with widespread illnesses and specifically pandemics.

Image result for the great depression

A perfect world — for the very rich.

And you already know that Trump and his flunkies at FOX “News” downplayed the risk, called it a “hoax,” and virtually urged people to keep doing exactly what they had been doing.

And you already know that we are months behind in creating protective, analytical, and treatment equipment to protect currently healthy people and to identify and cure sick people.

And, you already know that hospital space and personnel are insufficient.

But did you know, the government, in a “mountain labored and produced a mouse” act that is the very definition of “too-little, too-late, produced this?

Coronavirus aid bill includes $3,000 for families, $4 trillion liquidity for Fed: Mnuchin

WASHINGTON (Reuters) – The coronavirus economic relief bill being finalized by the U.S. Congress will include a one-time $3,000 payment for families and allow the Federal Reserve to leverage up to $4 trillion of liquidity to support the nation’s economy, U.S. Treasury Secretary Steven Mnuchin said on Sunday.

Mnuchin, speaking on the “Fox News Sunday” television program, said the additional liquidity measures would allow the U.S. central bank to help a broad base of businesses to get through next 90 to 120 days.

Trump administration officials hoped to finalize the legislation on Sunday and see a vote on Monday, Mnuchin said, adding that further steps could be taken if the crisis did not abate in 10 to 12 weeks.

There are 83.5 million families in America. Even if every single family received the full $3,000, that would total only $250 billion. And not every family will receive that amount.

That amount of stimulus is so insufficient as to be laughable if the situation weren’t so dire. (See: Which party will be remembered as “the party of too-little, too-late”?)

Before anyone knew anything about the coronavirus, the federal government already was budgeted to spend $4.6 Trillion in 2020. The abovementioned $250 Billion “stimulus” comes to a paltry 6% increase in federal spending!

A 6% increase to fight the greatest threat to our economy since the depression of 1929!  And, as stated before, even that amount won’t be spent.

Are these people crazy or just plan uncaring? No, it’s more than that. It’s a deliberate attempt to enslave the lower and middle classes.

Mnuchin said the U.S. economy would clearly take a hit from the health crisis, but should rebound once the new coronavirus has been contained.

And when will that happen? No one knows. It could take many months or years. And meanwhile, all but the rich will suffer. (Or is that the plan?)

“We need to get the money into the economy now. If we do that, we think we can stabilize the economy,” he said.

You can’t stabilize our economy with a lousy $250 Billion. The U.S. Gross Domestic Product is over $21 Trillion.

Congress people, do you really believe you will stabilize a ripped-apart, $21 Trillion economy with an additional $250 Billion, a 1% “stimulus”?

Here is what we’re dealing with today (and it only will get worse):

Nearly one in four Americans, or 80 million people, were under orders to close up shop and stay home as just five states, New York, California, Illinois, Connecticut and New Jersey instituted statewide lockdowns to try to contain the rapid spread of the highly contagious respiratory illness.

Mnuchin downplayed a question about a possible recession, calling it a “technical question” that was not “terribly relevant” in the current situation since the government was effectively shutting down large parts of the economy to slow the virus.”

As soon as we can get the medical situation under control, we’re going to reopen it.”

And how much will GDP have fallen by then? Ten percent? Twenty percent? Fifty percent?

No one knows, but it surely won’t be only 1%.

And what about the lasting damage. Simply “reopening” the economy won’t result in an instant cure. Some businesses will never re-open. Some people never will recover.

Lives will be lost, forever. Life plans will disappear. The kids who were planning on college won’t make it. New doctors won’t be educated. Start-up businesses never will open. The chaos will be long-lasting.

I urge you who are reading this to pick up your torches and pitchforks and march on Washington, march on your Senators’ office and homes, march so they know you mean it.

The U.S. federal government easily can and should invest at least $5 Trillion to $7 Trillion in the economy, NOW. Get the money out there.

Despite the lies you have been told, it would cost you, as a taxpayer, nothing. The federal government can do it without collecting a single penny in taxes.

The whole disgusting plan is part of the program by the very rich who run America, to make you captives, willing to slave for them at pennies an hour.

Why do you think miserly Social Security slowly has been taken away as qualifying ages rise?

Why do you think the unnecessary and regressive FICA tax is levied, and now they lie that the fake Social Security “Trust Fund” is running short of money?

Why do you think they don’t want you to have Medicare for All, and tag it with the false epithet, “socialist”?

Why do you think the single biggest asset on the government’s books is student debt, when the government easily could pay for all tuitions, and without collecting any taxes?

Why do you think that of all private debts, only student debt has not qualified for bankruptcy dismissal?

Why do you think all those tax loopholes and avoidance schemes are designed to benefit the rich?

Why do you think a guy like Warren Buffet pays a lower percentage of his income in taxes than does his secretary, and a guy like Donald Trump pays no taxes?

Why do you think the poor are criticized for accepting federal benefits (“lazy takers”) while the rich receive billions in special benefits, and that is considered being “smart”?

Don’t let those bastards get away with destroying your life and your children’s futures. (“Please sir, I’ll take any job. I’m desperate.”)

These are not accidents. These are not bugs. They are features.

Now, during an election year, is the time to protest, loudly, angrily. Get out your torches and pitchforks. March for yourselves and for your children.

Image result for protest torches and pitchforks

Mass protests work. Mass protests ended the Vietnam war and a Presidency. Politicians are afraid of protests.

Do it, now.

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

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