What is the character of America? Sunday, Sep 18 2016 

For this post, I will not offer comments. Though the title is “What is the character of America,” I won’t tell you in the body of this post, what I believe the character of America has been, is, and should be.

You will make that decision.

I ask only that if you are black, brown, yellow, Jewish, Muslim, gay, the member of any other minority, or if you simply believe in the Declaration of Independence statement, “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness” — you should watch this fascinating, 7-minute video, all the way through.

ALL THE WAY THROUGH.

In just seven minutes your eyes will be opened to a Truth you might not believe otherwise, had you not seen it yourself.

See: What is the character of America?

Rodger Malcolm Mitchell
Monetary Sovereignty

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

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

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

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

MONETARY SOVEREIGNTY

O.K. I confess. I favor Clinton over Trump. Saturday, Sep 17 2016 

Recently a reader accused me of bias against Donald Trump. Among his comments were that I am, “a complete biased one sided pony that won’t budge even after being hit with a 10 foot truth pole.”

You can see my response in Comment #7 of the previous post, “What kind of President will Donald Trump be?”

I admit to being biased against a man who possibly is the most prolific liar in American political history.

After all, this is the guy who, after years of claiming President Obama is not an American, now like a naughty boy caught with his hand in the cookie jar, quietly and reluctantly whispers, “President Barack Obama was born in the United States, period.”

But the notorious liar couldn’t help himself. He also said, “Hillary Clinton and her campaign of 2008 started the birther controversy. I finished it. I finished it.”

Yikes! That’s a wild one, even for Trump.

And I admit to being biased in favor of someone whose charitable fund actually gives dollars to charity vs. someone whose charitable fund uses its “charity” dollars to pay for a portrait of its founder, pay rent to the founder, and to bribe politicians.

Recounting the many reasons a Donald Trump is as qualified to be President as Freddie Krueger (except Freddie is more honest), would take way too many pages. And, it wouldn’t change any minds; facts and logic influence only those who are influenced by facts and logic, which eliminates the vast majority of Trump backers.

But, the reader did say one thing that requires addressing: “The best we can expect from Hillary is an Obama, the worst is she sends us into another stupid war while our economy crumbles.”

Nevermind that “the war” was started under a Republican President (President “Mission Accomplished”), a war which Trump backed (though, despite evidence he, as always, lies that he didn’t).

And nevermind that despite continuous interference by the Republican Congress, the American economy somehow has grown better than most other economies.

Let’s instead focus on the “stupid war” claim.

Trump Is A Real Nuclear Threat

As commander in chief, the president has ultimate and unbounded authority over the use of nuclear weapons. There is no veto power, no second opinion and there’s no turning back once the nuclear option is executed.

So let us consider the nuclear know-how of the Republican presidential nominee. It seems Mr. Trump has known everything there is to know about nuclear weapons for years.

  1. In 1984 as a 38-year-old real estate developer he said, “It would take an hour and a half to learn everything there is to learn about missiles. I think I know most of it anyway”
  2. In an interview with MSNBC in March of this year, when Chris Matthews referred to Trump not taking nukes off the table, Mr. Trump questioned, “somebody hits us within ISIS, you wouldn’t fight back with a nuke?”
  3. In the same interview, Trump refused to say he would never use a nuclear weapon in Europe In a separate interview, he was quoted saying, “Europe is a big place, I’m not going to take my cards off the table” in reference to using nuclear weapons in a continent that is home to some our closest allies.
  4. It was recently reported that Mr. Trump met with a foreign policy adviser and asked on three different instances why if we have nuclear weapons, why we cannot use them?
  5. Other foreign policy experts who have discussed nuclear strategy with Trump have said he lacks knowledge of the history of deterrence, and seems more interested in whether the US should ever use its nuclear arsenal
  6. Trump has also said that he has no problem with the proliferation of nuclear weapons to Japan, South Korea, and Saudi Arabia.
  7. The author of Trump’s biography went so far as to say, “I genuinely believe that if Trump wins and gets nuclear codes, there is an excellent chance it will lead to the end of civilization.”

Mr. Trump’s remarks are almost as disturbing as his uncontrolled impulses and that’s a scary combination for a leader with access to the largest nuclear arsenal in the world.

So herein lies the real nuclear threat for Americans. If we elect Donald Trump the likelihood of nuclear war will be dramatically increased and it will be on us.

As I said, “facts and logic influence only those who are influenced by facts and logic.” So the aforementioned reader will not be swayed. I fully expect his response will be “Benghazi and Emails.”

So yes, I admit to being biased against Donald Trump — but I’m not a pony.  I most definitely am not a pony.

And Donald Trump, most definitely, is not a President.

Rodger Malcolm Mitchell
Monetary Sovereignty

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

•Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.

•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run out of money.

•The more federal budgets are cut and taxes increased, the weaker an economy becomes.

•No nation can tax itself into prosperity, nor grow without money growth.

•Cutting federal deficits to grow the economy is like applying leeches to cure anemia.

•A growing economy requires a growing supply of money (GDP = Federal Spending + Non-federal Spending + Net Exports)

•Deficit spending grows the supply of money

•The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.

•The limit to non-federal deficit spending is the ability to borrow.

Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.

•The single most important problem in economics is the Gap between rich and the rest..

•Austerity is the government’s method for widening the Gap between rich and poor.

•Until the 99% understand the need for federal deficits, the upper 1% will rule.

•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

MONETARY SOVEREIGNTY

What kind of President will Donald Trump be? Thursday, Sep 15 2016 

Strangely, it can be difficult to determine in advance, what any person will do or become, after first sitting in the Oval Office.

I say, “strangely,” because prior to becoming President or Vice-President, the man or woman receives rather intense vetting by the media, the public, and by the opposition.

Yet, after the election the real person emerges. The pretense ends and under stress of the Presidency, the true essence and fundamental characteristics take over.

Had we known him better, we could have predicted that Harry Truman would become a strong-willed, well-respected President.

Had we known that Dwight Eisenhower reached his power by being a sycophant to those above him, we could have predicted that the “powerful leader” of the combined, allied forces, would prove to be a rather vanilla President.

And given John Kennedy’s family and its moral weaknesses, we might have seen that the great orator would accomplish little, especially when compared to his successor, Lyndon Johnson, perhaps the most productive President since Roosevelt.

And we could have predicted that Johnson’s ego ultimately would destroy his legacy with the ill-conceived Vietnam war.

Richard Nixon surely was predictable. He always was “Tricky Dick.”

Gerald Ford was a sturdy, honest, plain man, who ran a sturdy, honest, plain administration. His essence was there for all to see.

Jimmy Carter, perhaps the weakest President since WWII, was a surprise and disappointment only to those who didn’t know his character, while movie actor, Ronald Reagan, even with his faults, was a pleasant surprise to us if we didn’t know his basic character.

It was in the character of George H. W. Bush to be more effective and wiser than some people anticipated, and “silver-tongue” Bill Clinton was predictably worse than advertised.

But for each, their fundamental character showed through. Situations change, but basic character doesn’t.

George W. Bush was a blithering idiot, and that came as no surprise, but we also should have understood what a liar this draft dodger, he-man pretender was.

Barack Obama was a great liberal hope, though even a cursory examination of his Chicago machine background would have indicated he was a weak-kneed compromiser, more conservative than liberal, willing to do anything for agreement.

He did what his Chicago bosses told him to do, then as President, he did what the wealthy bank executives told him to do. Without someone rich telling him what to do, he was lost.

So, to greater or lesser degree, they all changed, but expectedly, if only we had understood their basic character.

Within each man there was a fundamental — an unchanging essence — that had we understood, we could have foreseen what they were to became.

Which brings us to Donald Trump. What kind of President will he be? What is his essence? What is his basic character?

No mystery.

Because he so often speaks unscripted, we are able to discern the real Donald Trump. He has told us, in so many ways, exactly what he will be.

First, whom has Trump singled out as the one person he admires? He makes no secret of it: Vladimir Putin, the dictator of Russia.

Trump admires Putin’s strength and Putin’s “80% approval rating.” (Remember how Trump loved to talk about his own polling numbers.) Trump considers himself to be a strong man, or rather a strongman, just like Putin.

In true dictatorial style, Trump wishes to build an “iron curtain,” a “beautiful” Berlin wall, around America. Presumably, it would function the same way as the various “walls” Kim Jong Un and his father have built around North Korea.

Dictators love walls, the antithesis of America. Every dictatorship builds strong walls, some to keep people out, some to keep people in, some to do both.

Like dictators Stalin and Hitler, Trump wishes to rid his nation of those he considers undesirable — Muslims, Mexicans, other Latinos, gays.

Like all dictators, Trump is enamored with himself. He plasters his name on everything — buildings, airplanes, businesses. He tries hard to create a “cult of his personality” as did Stalin, Mao, and the Perons.

The Trump Foundation even paid $20,000 of charity money, for a portrait of Trump. (This is charity?) Go to any country ruled by a dictator, and you will see pictures of “The Great Leader” everywhere you go.

Like all dictators, Trump is a thin-skinned egomaniac. Say anything negative about Trump, and you will be subject to a flurry of insulting, even threatening Emails. As President, he will do more than threaten.

Similarly, say something complimentary, and he will reciprocate. He already has said that because Putin speaks well of him, he speaks well of Putin.

Imagine how that would affect international relations. A few kind words could get Trump to agree to anything.

Like most dictators, Trump’s primary appeal is to the less educated, the people who are more susceptible to lies, bluster, and fraud — the people who are more likely to find appeal in bigotry.

And like all dictators, Trump wishes to control the media. He has vowed to widen libel laws, to make suing the media easier. Melania Trump has threatened to sue The Daily Mail, Politico and at least eight other news outlets for defamation.

Trump has barred some media from his speeches, while insulted some media people because they asked questions he didn’t want asked — a dictator’s usual approach to the media.

In any dictatorship, the first freedom to disappear is freedom of the press. Why? Because once the media are under control, the people know only what the dictator wants them to know.

This is why Putin has that “80% approval rating” Trump admires. Kim Jong Un probably has 100% approval.

Imagine what Trump would do without the media asking him embarrassing questions, like why has he not released his promised tax returns (for which he has given at least eight excuses:)
1) He’s being audited
2) As soon as Hillary releases her Emails
3) There are 12,000 pages
4) His financial disclosures more than make up for lack of releasing tax returns
5) The American people don’t care about his tax returns
6) It’s none of your business
7) “I released the most extensive financial review of anybody in the history of politics.”
8) “It would raise too many questions.”

Too many questions?

No dictator would give out his personal, crooked, financial information. Trump follows that lead.

Also, dictators love to demonstrate physical invincibility. No dictator ever gets sick. All are in absolutely perfect health. Putin, for instance, removes his shirt while riding horseback, to demonstrate his virility.

And then there was Mao:

Mao swims in the Yangze

On July 16th, 1966, amidst persistent rumors that he was ill or suffered a heart attack, Mao staged a media event to indicate that he was still vigorous and capable of leading China. It was a swim in the Yangtze River at Wuhan.

The Chinese press spared no adjectives in its account of Mao’s dip; the report said. Mao contested energetically with waves stirred up by 20-mph winds. His cheeks were “glowing” and “ruddy”. Mao “swam with steady strokes”, “cleaved through the waves” and “floated to view the azure sky above.” “Our respected and beloved leader Chairman Mao is in such wonderful health” and “this is the greatest happiness for … revolutionary people throughout the world.”

The international media was more skeptical. Time reported that Mao swam “nearly 15 km in 65 minutes that day–a world-record pace, if true.”

Like dictators Mao and Putin, Trump is in “perfect health.” In fact, he would be “the healthiest individual ever to the presidency.”

We know this, because his doctor, Harold Bornstein (who falsely claims to be a Fellow of the American College of Gastroenterology) jotted a quick note while sitting in a limousine, telling us so.

Now, after pressure from the media, the very same doctor, who admitted he was influenced to write what Trump wanted, — this doctor the public now is expected to believe — has come up with more data to “prove” that a clearly overweight Trump still is the “healthiest individual” ever.

Bottom line: Donald Trump has told us again and again, in many different ways, that he admires dictators and will be a dictator if we elect him.

Should we fail to listen with our own ears and fail to see with our own eyes, what Trump has made obvious, we and our children will join in the misery seen by the people of Russia, China, Argentina, Germany, Italy, Cuba, and other dictatorships.

Yes, friends, it can happen here.

And we will have only ourselves to blame.

Rodger Malcolm Mitchell
Monetary Sovereignty

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

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

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

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

As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing

MONETARY SOVEREIGNTY

Voting under red-state rule Wednesday, Sep 14 2016 

Native Americans in Nevada Will Have to Travel Almost 100 Miles Round-Trip to Vote

Two tribes, the Pyramid Lake Paiutes and Walker River Paiutes, filed a lawsuit in federal court last week demanding that Nevada establish satellite election offices on their reservations so they have the same ballot access as white members of their community.

Both tribes argue that the lack of voter registration offices and early voting locations on their reservations hurts Native American voter turnout.

“She happens to be a Tea Party Republican,” said Bret Healy, a consultant with the Native American voting rights group Four Directions.

“It’s not unknown if you look at data at all, that ‘those Indians, they vote the wrong way.’ It’s a one-point, two-point Trump-Clinton race and the Senate race is that tight too.”

“She would get, I’m sure, excoriated by her Republican colleagues if she would make it easier for a constituency that leans Democratic to vote,” he continued.

Meanwhile, white residents of the same counties have voting centers located within their communities. Residents of Incline Village, a wealthy town near northern Lake Tahoe, only need to drive a few miles.

Frankly, we don’t know why they are complaining. Here is a very fine, satellite, election office they can use. Note the happy smiles on the two, typical voters:

Here, in one picture, are two more scenic election office locations, one right behind the other:

And here is one low-income voter going to a convenient, red-state voting location:

So quitcher bitchin’, you poor “takers.” We Republicans are on your side. Trust us.

Anyway, a vote isn’t all that important, is it?

(Don’t forget to bring your driver’s license and all other forms of identification we hope you don’t have.)

Rodger Malcolm Mitchell
Monetary Sovereignty

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

•Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.

•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run short of money. By contrast, a Monetarily Sovereign government cannot run short of its own sovereign money.

•The more federal budgets are cut and taxes increased, the weaker an economy becomes..

•No nation can tax itself into prosperity, nor grow without money growth.

•Cutting federal deficits to grow the economy is like applying leeches to cure anemia.

•A growing economy requires a growing supply of money (GDP = Federal Spending + Non-federal Spending + Net Exports)

•Deficit spending grows the supply of money

•The limit to federal deficit spending is an inflation that cannot be cured with interest rate control. The United States never has had such an inflation. •The limit to non-federal deficit spending is the ability to borrow.

•The federal government does not borrow. The so-called “debt” is deposits in T-security accounts at the Federal Reserve Bank.

Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.

•The single most important problem in economics is the Gap between rich and the rest..

•Austerity is the government’s method for widening the Gap between rich and poor.

•Until the 99% understand the need for federal deficits, the upper 1% will rule.

•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

MONETARY SOVEREIGNTY

« Previous PageNext Page »