Mitchell’s laws: The more budgets are cut and taxes inceased, the weaker an economy becomes. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity = poverty and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
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Yahoo News
WASHINGTON (AP) — People favoring a candidate who shares their religious beliefs helped Rick Santorum capture Tuesday’s Republican presidential primary in Alabama, exit polls of voters showed. He also won among women and younger voters.

In the contest in neighboring Mississippi, Santorum did well with those caring most strongly about a contender’s religion, and those seeking a true conservative and strong moral character in their nominee.

People saying it mattered that they share religious beliefs with their candidates comprised three-quarters or more of voters in both Deep South states. Santorum, the former Pennsylvania senator who has repeatedly emphasized the pivotal role Catholicism has played in his life, won 41 percent of their votes in Alabama, while former House Speaker Newt Gingrich took 31 percent. Mitt Romney, the former Massachusetts governor, was a distant third with 23 percent of their vote.

In Mississippi, Santorum, Gingrich and Romney ran roughly evenly with that group. But among the nearly half of Mississippians saying sharing religion with a candidate was very important, Santorum won 43 percent, well ahead of his two rivals.

In another measure of the role religion was playing, Santorum captured 35 percent of white evangelical Christian or born-again voters in both Alabama and Mississippi, about the same as Gingrich but several percentage points better than Romney. Such voters accounted for 8 in 10 voters in Mississippi, the most in any state this year where voters have been surveyed, and nearly as many in Alabama.

Santorum is Catholic. The majority of voters were Baptist. Share a religion??

And exactly how does sharing a religion translate into economic growth, reduced unemployment, smaller gap between rich and poor, lower taxes or lower gasoline prices — the issues people claim are most important?

Here’s my faith: Even the voters of Mississippi and Alabama will wake up one day to realize that voting for a religion will not give them jobs, nor put food on the table, nor give them health care, nor send their kids to school, nor keep America as a democracy rather than as a theocracy. They’ll realize it will turn the U.S. into Iran.

Then goodbye Santorum and his pseudo-Taliban philosphy.

Rodger Malcolm Mitchell
http://www.rodgermitchell.com

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No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia. Two key equations in economics:
Federal Deficits – Net Imports = Net Private Savings
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports

#MONETARY SOVEREIGNTY

Mitchell’s laws: The more budgets are cut and taxes inceased, the weaker an economy becomes. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity = poverty and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
==========================================================================================================================================

He came close, oh, so close:

Europe’s “Going in the Wrong Direction,” Forbes Says: “The Worst of Both Worlds”
By Aaron Task | Daily Ticker (Scottrade)

The EU has probably bought itself “several more months,” thanks to the Greek restructuring and the “radical measures” adopted by the European Central Bank, says Steve Forbes, chairman of Forbes Media. “You can keep kicking” the can down the road, “but crises emerge.”

In sum, Forbes fears European policymakers have failed to take the “right” lessons from the Greek tragedy.

Right now “you have the worst of both words” in Greece, he says. “The economy is going into the tank without the pro-growth reforms to get it back again.”

At this point I became so excited. Steve Forbes was about to win the race to be the first media leader who understands the fundamentals of Monetary Sovereignty.

Forbes prescription for Greece — and Europe’s other so-called PIIGS — is familiar to anyone who’s followed his work over the years: less regulation, labor reform and a “radically reformed tax structure,” featuring (of course) a flat tax. (See: “Everyone Is Making a Bungle of Things”: Steve Forbes’ Rx to Fix Greece)

The type of tax is much less important than the amount of tax. If his flat tax would collect fewer euros than the current tax, that would help the private sector. But of course, Greece still is monetarily non-sovereign, which needs to be corrected.

“They’re going in the wrong direction” in Europe, he says, citing new tax increases in Spain and Portugal and Greece’s failure to really reform its bloated public sector.

Right. Tax increases are anti-stimulus. Austerity is anti-stimulus.

“They need remedial education,” Forbes says of EU policymakers. “They’re all tied to defunct notion of Keynesianism that government spending somehow stimulates the economy — that easy money stimulates the economy. No it does not.”

Forbes compares European policymakers to medieval doctors who tried to “bleed the patient to cure the patient. So they killed the patient.”

OMG, the guy almost has it. Then he misunderstands his own analogy. Steve, think it out. Your analogy is this: Taking blood out of the sick patient is bad; taking money out of the sick economy is bad. If a patient has anemia, you have to add blood via a transfusion, i.e. add euros via a money transfusion.

Steve, think very slowly, now. If, as you correctly say, tax increases are bad, why are they bad? Because they remove money from the private sector. Anything that removes money from the private sector hurts the private sector. Hurting the private sector hurts the economy. Similarly, adding money benefits the private sector. This isn’t quantum chromodynamics.

What a shame. The guy was almost there. But his pre-Monetary Sovereignty education in economics, prevented him from taking that last step. He has no idea what happened on August 15, 1971, and how it changed economics 180 degrees. He’s still saying the same stuff he would have said in 1970 and before.

Perhaps in another year or two . . . ? Dare we hope?

Rodger Malcolm Mitchell
http://www.rodgermitchell.com

==========================================================================================================================================
No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia. Two key equations in economics:
Federal Deficits – Net Imports = Net Private Savings
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports

#MONETARY SOVEREIGNTY

Mitchell’s laws: The more budgets are cut and taxes inceased, the weaker an economy becomes. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity = poverty and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
==========================================================================================================================================

More than any other single factor, Saudi Arabia arbitrarily determines oil prices, which strongly affect gasoline prices.

The President of the United States is not the king of Saudi Arabia. So as powerful as the Presidency is, Obama has minimal-to-zero control over oil or gasoline prices.

Yet . . .

Washington Post
Gas prices sink Obama’s ratings on economy, bring parity to race for White House
By Dan Balz and Jon Cohen, Published: March 11

Disapproval of President Obama’s handling of the economy is heading higher — alongside gasoline prices — as a record number of Americans now give the president “strongly” negative reviews on the 2012 presidential campaign’s most important issue, according to a new Washington Post-ABC News poll.

Increasingly pessimistic views of Obama’s performance on the economy — and on the federal budget deficit — come despite a steadily brightening employment picture and other signs of economic improvement, and they highlight the political sensitivity of rising gas prices.

Nearly two-thirds of Americans say they disapprove of the way the president is handling the situation at the pump, where rising prices have already hit hard. Just 26 percent approve of his work on the issue, his lowest rating in the poll. Most Americans say higher prices are already taking a toll on family finances, and nearly half say they think that prices will continue to rise, and stay high.

Friday’s employment report showed a gain of 227,000 jobs in the past month, continuing an upward trend and offering the White House something positive to point to. Still, the survey — conducted Wednesday through Saturday — finds 59 percent of Americans giving Obama negative ratings on the economy, up from early last month.

Voters think of the President (any President) as “daddy,” and when something goes wrong, they expect daddy to fix it. I suspect that the price of oil this election year will depend in large part on whom the Saudis want as U.S. President. If they prefer Obama, oil prices will drop before November.

Interestingly, the poll shows the Democrats with huge leads over the Republicans in:

“Better represents your own personal values”
“Is more concerned with the needs of people like you”
“Cares more about issues that are especially important to women”

Never use the word “voters” and the word “logic” in the same sentence. We’re into a strange, puzzling, fun eight months.

Rodger Malcolm Mitchell
http://www.rodgermitchell.com

==========================================================================================================================================
No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia. Two key equations in economics:
Federal Deficits – Net Imports = Net Private Savings
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports

#MONETARY SOVEREIGNTY

Mitchell’s laws: The more budgets are cut and taxes inceased, the weaker an economy becomes. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity = poverty and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
==========================================================================================================================================

Some things never change.

Back then:

From Wikipedia, the free encyclopedia

The Kansas evolution hearings were a series of hearings held in Topeka, Kansas, United States May 5 to May 12, 2005 by the Kansas State Board of Education and its State Board Science Hearing Committee to change how evolution and the origin of life would be taught in the state’s public high school science classes.

The hearings were arranged by the Board of Education with the intent of introducing intelligent design into science classes via the Teach the Controversy method.

The hearings raised the issues of creation and evolution in public education and were attended by all the major participants in the intelligent design movement but were ultimately boycotted by the scientific community over concern of lending credibility to the claim, made by proponents of intelligent design, that evolution is purportedly the subject of wide dispute within the scientific and science education communities.

The Discovery Institute, hub of the intelligent design movement, played a central role in starting the hearings by promoting its Critical Analysis of Evolution lesson plan which the Kansas State Board of Education eventually adopted over objections of the State Board Science Hearing Committee, and campaigning on behalf of conservative Republican candidates for the Board.

And recently:

Rick Santorum: “I had an amendment, it’s a great story, I had this language, because what’s taught in our school system as a result of liberal academia, is <evolution is an incontrovertible fact. There is no suspicion of it. It is decided science that cannot be questioned. There cannot be any doubts about it. If you have any questions or doubts, it’s trying to inject religion into the science classroom. So it is above reproach.

I obviously don’t feel that way. I think there are a lot of problems with the theory of evolution, and do believe that it is used to promote to a worldview that is anti-theist, that is atheist.”

And now:

Washington Post: By Felicia Sonmez and Brady Dennis, Published: March 10

Former senator Rick Santorum (Pa.) cruised to a victory in the Kansas caucuses with 51 percent of the vote, sweeping all but one of the state’s 105 counties, the Associated Press reported, and bolstering his argument that he, and not former House speaker Gingrich, is the conservative alternative to Mitt Romney.

Readers of this post also might enjoy: “Kansas Outlaws Practice of Evolution”

Rodger Malcolm Mitchell
http://www.rodgermitchell.com

==========================================================================================================================================
No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia. Two key equations in economics:
Federal Deficits – Net Imports = Net Private Savings
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports

#MONETARY SOVEREIGNTY