Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor, which leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive.
=====================================================================
In PART I, we mentioned many of the benefits poor people lose in Republican-dominated states. And we wondered why people so resolutely would vote against their own best interests.

In today’s post, we’ll focus on Medicaid, and quote a few passages from an article in the New York Times:

States’ Policies on Health Care Exclude Some of the Poorest
By ROBERT PEAR, Published: May 24, 2013

WASHINGTON — The refusal by about half the states to expand Medicaid will leave millions of poor people ineligible for government-subsidized health insurance under President Obama’s health care law even as many others with higher incomes receive federal subsidies to buy insurance.

But those options will be unavailable to some of the neediest people in states like Texas, Florida, Kansas, Alabama, Louisiana, Mississippi and Georgia, which are refusing to expand Medicaid.

Not only are these Republican-dominated states exhibiting a cruelty beyond anything I would have thought possible, but they actually are cutting their own noses to do it.

You see, the refusal to expand Medicaid has nothing to do with cost. The Federal government will pay the entire cost for three years, and after the first three years, the government’s contribution toward states’ Medicaid costs will gradually decrease to 90 percent in 2020.

Even after 2020, the federal government’s 90% payments will continue to enrich each state, making Medicaid expansion a financial gold mine for those states accepting it.

Refusal to expand Medicaid is 100% mean-spirited politics, by a party that has grown so callous and uncaring for its own constituents, it is willing to sacrifice the health of millions in a futile effort to “defeat” Obama.

So the question becomes: Who voted for these cold-hearted people? The answer: The middle class and the poor have by far, the most votes, and without their votes, no politician could win. By voting as the 1% tell them, the 99% commit economic and physical suicide.

Here are the 10 most impoverished states, according to the Huff Post.

1. Mississippi, Median income: $36,850, Poverty rate: 21.3% (the highest), Without health insurance: 18.7% (8th highest), Unemployment rate: 10.4% (7th highest)

2. Arkansas, Median income: $38,600, Poverty rate: 16.5% (8th highest), Without health insurance: 18.5% (9th highest), Unemployment rate: 8.2% (25th highest)

3. Tennessee, Median income: $40,026, Poverty rate: 16.1% (11th highest),
Without health insurance: 14.7% (20th highest), Unemployment rate: 9.8% (11th highest)

4. West Virginia, Median income: $40,824, Poverty rate: 15.7% (12th highest), Without health insurance: 13.9% (25th highest), Unemployment rate: 8.1% (tied for 24th lowest)

5. Louisiana, Median income: $41,896 , Poverty rate: 18% (4th highest), Without health insurance: 18% (11th highest), Unemployment rate: 7.6% (17th lowest)

6. Montana, Median income: $42,005, Poverty rate: 13.4% (24th highest), Without health insurance: 16.3% (16th highest), Unemployment rate: 7.7% (18th lowest)

7. South Carolina, Median income: $42,059, Poverty rate: 14.9% (16th highest), Without health insurance: 17.6% (12th highest), Unemployment rate: 10.9% (4th highest)

8. Kentucky, Median income: $42,091, Poverty rate: 17.3% (6th highest), Without health insurance: 15.5% (18th highest), Unemployment rate: 9.5% (13th highest),

9. Alabama, Median income: $42,218, Poverty rate: 16.1% (tied for 9th highest), Without health insurance: 14.4% (21st highest), Unemployment rate: 10.0% (10th highest)

10. North Carolina, Median income: $43,275, Poverty rate: 16.1% (tied for 9th highest), Without health insurance: 16.7% (13th highest), Unemployment: 10.1% (9th highest)

Every one of these states is Republican dominated. Why? Because the 99% put Republicans into office.

And then there’s Texas, with its huge, impoverished population. It too is Republican-dominated, also because its middle and poor voted Republican.

The National Memo

Unfortunately, millions of uninsured and under-insured Americans live in places like Florida and Texas, where there is far less sympathy—and a great deal more hostility—to the idea of Obamacare.

Yes, Texas, the biggest of the conservative states, follows the usual, right-wing, cold-hearted pattern of rejecting Medicaid expansion, even though it would benefit the financial and physical health of the entire state:

Despite its growth and diversified economy (and oil income), Texas has had the less fortunate history since 1980 of having a larger percent of its population living in poverty than the overall US average. Texas has the highest poverty rate of any large industrial state.

African-Americans and Hispanics will within the next few years together constitute a majority of the of the state’s population.

But Texas poverty is not just a minority thing:

23.8% of all poor Texans are Anglo, and 15.8% are African-American, but well over half (53%) are Hispanic.

In summary, the right wing does everything possible to punish the middle and lower income classes — including attempts to deny poor people the vote — but Republicans still manage to win many states and achieve close to half the national vote.

I believe there are two explanations:

1. The 99% is content to remain ignorant of the real issues, and ignorance compounded by right wing lies.
2. Bigotry, in which hatred of blacks, Latinos, immigrants and gays takes voting precedence over self-interest. Clearly, hatred of the 1/2 blackness of our President has an important effect.

Poor and middle-class people may not be stupid, but they vote stupidly.

Ignorance and bigotry are self-punishing.

Rodger Malcolm Mitchell
Monetary Sovereignty

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

Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Medicare — parts A, B & D — for everyone
3. Send every American citizen an annual check for $5,000 or give every state $5,000 per capita (Click here)
4. Long-term nursing care for everyone
5. Free education (including post-grad) for everyone. Click here
6. Salary for attending school (Click here)
7. Eliminate corporate taxes
8. Increase the standard income tax deduction annually
9. Increase federal spending on the myriad initiatives that benefit America’s 99%

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

#MONETARY SOVEREIGNTY

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor, which leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive.
=====================================================================

While you read excerpts from the following article, keep this thought in mind: The U.S. has not put one criminal banker in jail. Not one.

New York Times
Online Currency Exchange Accused of Laundering $6 Billion
By MARC SANTORA, WILLIAM K. RASHBAUM and NICOLE PERLROTH
Published: May 28, 2013

The operators of a global currency exchange (Liberty Reserve) ran a $6 billion money-laundering operation online, a central hub for criminals trafficking in everything from stolen identities to child pornography, federal prosecutors in New York said on Tuesday.

Who said federal prosecutors aren’t tough on financial crime? Of course, $6 billion is peanuts compared to what the big, Wall Street banks stole.

And more importantly, the owners of Liberty Reserve probably didn’t contribute to the Obama campaign, and didn’t promise Obama & family lucrative jobs for after he leaves office.

The charges (were) announced at a news conference by Preet Bharara, the United States attorney in Manhattan, and other law enforcement officials.

Hey, where have you guys been? Aren’t those Wall Street banks right there in Manhattan?

The charges detailed a complicated system designed to allow people to move sums large and small around the world with virtual anonymity, according to an indictment, which was unsealed in federal court in Manhattan.

Mr. Bharara said at the news conference, where officials from the Justice and Treasury Departments, as well as the Secret Service and Homeland Security Investigations, also spoke. “The global enforcement action we announce today is an important step toward reining in the ‘Wild West’ of illicit Internet banking. As crime goes increasingly global, the long arm of the law has to get even longer, and in this case, it encircled the earth.”

Too bad that “long arm” became curiously short, when reaching for our home-grown criminal banks.

The money laundering count carries a maximum sentence of 20 years in prison, and the other two charges carry a maximum of 5 years each.

Question for Mr. Obama: “If the sentence for money laundering is 20 years, what’s the sentence for stealing hundreds of billions of dollars and destroying the lives of many millions of Americans? Anything?”

The case is significant, prosecutors said, because it attacks the financial infrastructure used by many cybercriminals.

Dismantling the Liberty Reserve operation was “critical because transnational criminal organizations can succeed only so long as they can funnel their illicit proceeds freely and without detection,” said James T. Hayes Jr., the special-agent-in-charge for Immigration and Customs Enforcement Homeland Security Investigations.

(As opposed to dismantling the criminal banks, which is not critical, because so much of their money is funneled to the President.)

But just to bring some balance to this article, the Republicans too, are deeply involved. These are the people who have been apoplectic about the IRS going after Tea Party groups, incensed about the Justice Department investigating the media and foaming at the mouth about Benghazi — but not one word about the failure to jail banksters.

One might conclude the Republicans are as adverse to punishing the rich as Obama is, perhaps even more so.

The failure to punish the biggest criminals in America will remain the large stain on the Obama legacy — the long-remembered definition of his presidency — when any good he has done will have been forgotten.

Note to the President: Regarding criminals, if you’re not against them, you’re with them.

Rodger Malcolm Mitchell
Monetary Sovereignty

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

Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Medicare — parts A, B & D — for everyone
3. Send every American citizen an annual check for $5,000 or give every state $5,000 per capita (Click here)
4. Long-term nursing care for everyone
5. Free education (including post-grad) for everyone. Click here
6. Salary for attending school (Click here)
7. Eliminate corporate taxes
8. Increase the standard income tax deduction annually
9. Increase federal spending on the myriad initiatives that benefit America’s 99%

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

#MONETARY SOVEREIGNTY

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor, which leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive.
=====================================================================

Most of the citizens of North Carolina are relatively poor.

The state ranks 39th for Median Household Income. Only 11 states are poorer than NC — MS, WV, AR, KY, AL, TN, LA, NM, SC, OK, ID – and all but one (New Mexico) voted conservative in the 2012 presidential election.

Washington Post
In North Carolina, unimpeded GOP drives state hard to the right
By Michael A. Fletcher, Published: May 25, 2013

Since the recession hit, North Carolina has been saddled with one of the nation’s highest unemployment rates. The bad times helped prepare the way for a carefully executed strategy, with big financial support from a major conservative activist, that helped the GOP win control of both chambers of the state General Assembly in 2010.

Those victories were capped last year when Republican Pat McCrory was elected governor, giving the party control of all levers of state government for the first time since 1870.

The victories were aided by the strong financial support of Art Pope, a multimillionaire who spent heavily in support of the state’s GOP candidates. Pope’s advocacy network spent $2.2 million on 22 legislative races, winning 18.

One of McCrory’s first acts after being elected governor was to install Pope, a former legislator, as the state budget chief.

For only $2.2 million, the poor people of North Carolina sold their state to right winger, Art Pope. Here’s what he’s doing with it:

Legislators have slashed jobless benefits. They have also repealed a tax credit that supplemented the wages of low-income people, while moving to eliminate the estate tax.

Three quick steps to widen the gap between the rich and the rest — and that’s just the beginning:

[The right wing legislature has] voted against expanding Medicaid to add 500,000 poor North Carolinians to the Medicaid rolls.

Lawmakers are also considering proposals to reduce and flatten income tax rates while expanding the sales tax, perhaps to even include groceries and prescription drugs — which some advocates see as a first step toward eliminating the state income tax.

Two more steps to widen the gap between the rich and the rest.

But, there’s even more:

There are also measures pending to require drug testing for low-income people applying for job training and welfare benefits.

The sole purpose is to reduce the number of poor people receiving benefits — more widening of the gap.

And if all that weren’t enough, the beating of the poor expands further:

The North Carolina House has passed a law requiring voters to have a government-issued identification card, and legislators are considering bills to roll back the state’s law allowing same-day voter registration and to sharply limit early voting — measures that supporters of the current law say were integral to the high turnout of minority voters in the past several elections.

When you add up all these measures, you have a picture of a state that is expanding the gap – no, not the gap, the GULF – between the rich and the rest – in essence a return to the days of slavery.

And this time, it isn’t restricted to black slavery. The poor whites are being enslaved, too.

Why did all those poor voters — poor blacks and poor whites — in one of the poorest states in the union, vote to make themselves even poorer?

It’s not as though the right wing has hidden its intentions:

Other GOP-controlled legislatures have passed or considered similar measures. Florida, Missouri and Michigan have slashed jobless benefits. Texas, Louisiana and Wisconsin are among at least 15 states not participating in the Medicaid expansion called for in the Affordable Care Act. And West Virginia, Kansas and Texas have proposed bills requiring drug testing for welfare recipients.

After the (NC) state Senate unveiled its tax reform plan this month, the state chapter of Americans for Prosperity released a poll that it said showed widespread support across the state. Nearly two-thirds of respondents said the state tax code is in need of reform, and nearly half backed moving to totally eliminate the personal income tax within four years.

Eliminating the personal income tax helps the rich. And since the lost tax money needs to be replaced, the resultant increase in sales taxes will hurt the poor. And this is what the poor people of North Carolina want!

“Most of the laws that take us backwards do not come out of Congress but out of state legislatures,” said the Rev. William J. Barber II, head of the North Carolina chapter of the NAACP. “Conservative forces here have gone all out to implement these policies and to lock in their power by changing the voting laws.”

“This leadership wants to make our state a place of deeper stratification and inequality,” Barber said.

Well, duh, Reverend, but this is what the poor people of North Carolina voted for.

There is very little opponents can do to alter the will of the governing majority — something many of the protesters acknowledge.

“My hope is two-pronged,” said Derick Smith, an instructor at North Carolina A&T University who was arrested several weeks ago during a protest. “You want to bring attention to what’s happening. And you’ve got to hope that the governor will listen and back away from some of the more divisive provisions.”

In summary, the poor people of North Carolina have attempted suicide, and succeeded with self-mutilation, by voting for the rich. Now, some of them hope the rich-biased Republican governor, whom they intentionally elected, will take pity on them.

The rest of these poor people are perfectly delighted to continue voting conservative and have the rich continue to beat them down, down, down.

Are poor people really as stupid as they vote? It boggles.

Rodger Malcolm Mitchell
Monetary Sovereignty

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

Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Medicare — parts A, B & D — for everyone
3. Send every American citizen an annual check for $5,000 or give every state $5,000 per capita (Click here)
4. Long-term nursing care for everyone
5. Free education (including post-grad) for everyone. Click here
6. Salary for attending school (Click here)
7. Eliminate corporate taxes
8. Increase the standard income tax deduction annually
9. Increase federal spending on the myriad initiatives that benefit America’s 99%

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

#MONETARY SOVEREIGNTY

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell
Mitchell’s laws:
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor, which leads to civil disorder.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive.
=====================================================================

I’m first to admit it. I’m a long way from geek status. Oh, about a million years ago, I did some rudimentary programming, but came before a whole lot of yesterdays. So I hope you’ll straighten me out if you think I’m headed in the wrong direction.

This “cloud” thing may be all the rage these days, especially with the proliferation of “smart” phones and pads, but I think the cloud is a dead-end street.

Essentially, the so-called “cloud” is a remote computer. You input a problem to your local computer, whether a PC, a smart phone or some similar device. Your device sends the problem to a remote computer (the “cloud”), which deals with the problem and returns the results to your local computer.

The “cloud” offers several advantages:

1. People can get the speed and storage advantages of a huge computer, while they themselves may need own a minimal, comparatively inexpensive, send/receive device.
2. Efficiency: Because of worldwide time differences, one central cloud computer can service people ’round the clock. When New York works at its maximum, Tokyo may work at its minimum.
3. The costs of maintaining and updating a cloud computer can be shared by thousands of users, who themselves don’t need continually to buy updates and service.
4. Cloud users have access to thousands of different, specialized computers, each providing unique services.

I can sit at home with my little PC, and using the cloud peer into all corners of this planet, including a ground-level view of most streets in America, while listening to thousands of music selections and keeping track of the stock market in real time. No way could my little smart phone handle that kind of assignment by itself.

To those who predict the cloud to be the future of the Internet, the following article may give pause:

When Will the Internet Reach Its Limit (and How Do We Stop That from Happening)?
By Larry Greenemeier

The number of smartphones, tablets and other network-connected gadgets will outnumber humans by the end of the year. Global mobile data grew 70 percent in 2012. Yet the capacity of the world’s networking infrastructure is finite, leaving many to wonder when we will hit the upper limit, and what to do when that happens.

There are ways to boost capacity of course, such as adding cables, packing those cables with more data-carrying optical fibers and off-loading traffic onto smaller satellite networks, but these steps simply delay the inevitable.

Imagine you’d like to find the cube root of 24,875. You have choices. One is to use your own computer, which if it has a root calculating function, will give you the answer: 29.19136230407+.

Or you can use the cloud. You can transmit the problem to a computer somewhere in Asia. It will do the calculation and transmit the answer back to you, thereby using up a tiny fraction of the world’s Internet capacity.

If enough people use the cloud, instead of their own device, the Internet will hit that “upper limit” Mr. Greenemeier mentions.

The solution is to make the infrastructure smarter. Two main components would be needed: computers and other devices that can filter their content before tossing it onto the network, along with a network that better understands what to do with this content, rather than numbly perceiving it as an endless, undifferentiated stream of bits and bytes.

Said simply, the first solution is little more than “do it yourself.” Instead of asking the cloud to compute that cube root, go back to the old way: Use your own device.

The second solution is far more sophisticated.

Scientific American recently spoke with Markus Hofmann, head of Bell Labs Research in New Jersey

How do we know we are approaching the limits of our current telecom infrastructure?
The signs are subtle, but they are there. When I use Skype to send my parents in Germany live video of my kids playing hockey, the video sometimes freezes at the most exciting moments. In all, it happens more frequently lately—a sign that networks are becoming stressed by the amount of data they’re asked to carry.

We know there are certain limits that Mother Nature gives us—only so much information you can transmit over certain communications channels. That phenomenon is called the nonlinear Shannon limit. Within the next four or five years—we will exceed the Shannon limit.

How do you keep the Internet from reaching “the limit”?
The most obvious way is to increase bandwidth by laying more fiber. Instead of having just one transatlantic fiber-optic cable, for example, you have two or five or 10. It’s very expensive—you need to dig up the ground and lay the fiber, you need multiple optical amplifiers, integrated transmitters and receivers, and so on.

Mr. Hoffman then goes on to describe a “smarter” Internet, which led to the following question:

Even if a smarter Net can move data around more intelligently, content is growing exponentially. How do you reduce the amount of traffic a network needs to handle?
We might move to a model where decisions are made about data before it is placed on the network. For example, if you have a security camera at an airport, you would program the camera or a small computer server controlling multiple cameras to perform facial recognition locally, based on a database stored in a camera or server.

Instead of bottlenecking the network with a stream of images, the camera would communicate with the network only when it finds a suspect.

See where this is headed? The solution to the inherent, quantum limits of the cloud, is to use non-cloud computing.

The cloud is a small, though fundamental, step for the Internet, something that always will be with us. But I predict, for longer term growth, we’ll return to our roots: More and more local computing.

Today, the cloud involves massive, two-way communication, between your little, relatively “dumb” local computer, and huge mainframes geographically distant.

But, one day, your refrigerator, your stove, your bathtub, every piece of clothing in your closet, every board, wire and pipe in your house and yes, even your own body, will contain micro-chips that will calculate and communicate with each other short range, and together will comprise one big, local computer, with a rated speed in Geopflops (a thousand, trillion floating-point operations per second). Each of your neighbors would have the same. The world will be filled with billions of personal “mainframe” computers.

And if your personal computer doesn’t know the answer, it first would ask your neighbor’s computer, in a short “off-the-grid” communication. And your neighbor’s computer might ask his neighbor’s computer, in a kind of local, crowd-sourcing exercise.

The cloud will be like a highway between distant cities — used seldom and only as a last resort — while the vast majority of traffic will be within each city block.

The future is not to devote all the time, money and brains building an ever wider highway for distant communication. Yes, we may need that, but the future is not the cloud. The future is to devote that time, money and brains merging our surroundings and our selves into individual, local computers, which will communicate locally, the way people have communicated for thousands of years.

That’s what I think.

Rodger Malcolm Mitchell
Monetary Sovereignty

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

Nine Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Medicare — parts A, B & D — for everyone
3. Send every American citizen an annual check for $5,000 or give every state $5,000 per capita (Click here)
4. Long-term nursing care for everyone
5. Free education (including post-grad) for everyone. Click here
6. Salary for attending school (Click here)
7. Eliminate corporate taxes
8. Increase the standard income tax deduction annually
9. Increase federal spending on the myriad initiatives that benefit America’s 99%

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

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:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports

#MONETARY SOVEREIGNTY