–You are white. A black man just followed, shot and killed your unarmed, teen-aged child.

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 ultimately 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.
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You are white.

Your innocent, teen-age son went to the store to buy some candy, and now is walking home, minding his own business. He carries no weapons, just that little candy bar he bought.

Little does your son know these will be the last minutes of his life.

A black, adult, armed man, driving around, looking for trouble, spots your teen son and decides your son “looks suspicious.” We don’t know why the black man thinks your white, teen son looks suspicious. The man will refuse to tell us.

The armed man decides to drive around, following your teen son. We don’t know whether your son realizes a man is following him.

The armed man calls the police and tells them, “This guy looks like he’s up to no good, or he’s on drugs or something. It’s raining and he’s just walking around, looking about, looking at all the houses.”

We do not know why the man thinks your child is up to no good, just by seeing your child walking around. The man refuses to tell us.

The armed man follows your child in his car. The man is angry that “these assholes always get away.” He determines that your teen son is an “asshole” and would not be allowed to get away.

We do not know why the armed man, who doesn’t know your son, thinks your child is an asshole. He refuses to tell us.

The police tell the armed man to stop following your son and not to get out of the car.

The armed man disobeys the police, and decides to take matters in his own hands. He gets out of his car and follows your son, to make sure the “asshole” doesn’t “get away.”

This frightens your son, who turns and says something to the effect, “Why the —- are you following me?” The words may have been angry. We never will know. Your son cannot tell us, and the man refuses to speak.

The armed man responds to your son with angry words.

A fist fight ensues. We never will know who threw the first punch. Again, your son will not have the opportunity to tell us, and again the man refuses to tell us. It probably doesn’t matter. One is an angry and armed adult; the other is a child with a candy bar.

The man shoots and kills your unarmed, teen son. The Florida jury decides the man had a right to “stand his ground,” so declares him innocent of any crime.

Your innocent son is dead, and is no one responsible? If the man didn’t murder your teen son, who did?

Did the Southern state of Florida kill your son? Are Floridians so racially paranoid they passed a law allowing anyone to shoot anyone, so long as the victim is a teenaged “asshole” with a candy bar, who looks suspicious, and the killer claims his own life was at risk?

Was this armed man, who disobeyed police and instigated an encounter with an innocent child, who was minding his own business – was this man entitled to kill your child? One wonders what the religious right wing, so protective of the lives of fetuses, has to say about following, then shooting, an innocent child.

The State of Florida says, “Yes. Kill the assholes, so they won’t get away.”

Or did the NRA murder your son? The NRA, which claims the only solution to assholes is a gun, and the only solution to gun violence is more guns – the NRA which has been responsible for more American murders than al Quada — the NRA, which denies the fact that most gun violence is committed in the neighborhoods having the most gun ownership — is the NRA the real killer?

Or is it the Supreme Court, which tells us the following words have no meaning at all: “A well regulated militia being necessary to the security of a free state.” and that the entire 2nd Amendment to the Constitution reads only: “The right of the people to keep and bear arms shall not be infringed”? One wonders why the founders bothered to put in that first phrase, but is the Supreme Court the real killer?

Or did Americans murder your teen son? Are Americans so emotionally paralyzed by fear, we hide in our bedrooms, clutching our semi-automatic, assault weapons – fearing your asshole son might get away?

Are we bible-spouting, gun toting Americans, having legalized the killing of an innocent child who was doing nothing worse that carrying his candy bar – are we Americans guilty?

I submit that George Zimmerman, the State of Florida, the NRA, the Supreme Court and all Americans share the guilt of murdering an innocent, unarmed teenager, who wanted to live, but made the mistake of going to the store to buy a candy bar – while black.

What lesson have we Americans learned from this tragedy? The lesson is this: When you next feel like shooting an unarmed asshole, whether adult or child, do it in Florida and make sure you kill the asshole.

That way you can claim self-defense, and there will be no one to contradict you.

It’s perfect.

Rodger Malcolm Mitchell
Monetary Sovereignty

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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

On the good people of the religious right

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

I always am impressed with how religion teaches people to love their fellow man, and how Christians love to quote Christ and Jews love to quote God. For instance, consider the “religious” right wing in America:

Santorum stands with Texas pro-lifers
By Seth McLaughlin
The Washington Times, Friday, July 12, 2013

Former U.S. senator and 2012 GOP presidential candidate Rick Santorum appeared in Austin, Texas on Thursday in support of Senate Bill 1, the controversial set of abortion restrictions famously filibustered by State Senator Wendy Davis (D-Fort Worth) last month.

“What they’re doing here today is simply human decency. Human decency for the little child in the womb,” said Santorum after visiting the Senate floor to encourage lawmakers to vote for the bill.

Santorum opposes abortions in all cases and once suggested that rape victims who become pregnant should “make the best out of a bad situation.”

He says human decency is what it all is about. Human decency for the microscopic zygote in the womb, that is. Human decency for the invisible blastocyst. Human decency for the 1 inch embroyo.

But, no human decency for the unwanted, unaffordable, malnourished, abused child, who will live in the streets and commit the crimes. The decent upper classes demand to own guns, so they can kill these child criminals if attacked.

And, no human decency available for the woman who has been raped. No human decency for the young, impoverished woman, who became pregnant because the “religious” right denied her sex education in school, and denied her pregnancy prevention devices.

The “religious right” wants her to produce more needy, impoverished, starving children for them to rule and despise.

Washington Post
Food stamps not going anywhere soon, despite dire warnings on House floor

The lack of congressional action on food stamps could keep the $80 billion-a-year program untouched by any cuts.

That headline is supposed to lull us into believing food stamps for the poor will not be cut.

Some Republicans have said there is rampant fraud in the program and benefits are going to some people who aren’t eligible. Newt Gingrich said that people could use food stamps for anything, including trips to Hawaii. In fact, food stamps can only be used for food purchases at retail outlets. And Agriculture Department officials have cracked down on fraud in recent years.

The “religious” right believes Newt’s non-existent poor-people, nickle-and-dime fraud, and feels it’s outrageous. Is real, trillion dollar fraud by rich bankers equally outrageous. Apparently not.

House Republicans have made many different proposals that would radically overhaul food stamps — cracking down on eligibility, increasing work requirements or adding an expiration date to the program.

And after quickly moving the farm-only bill to the floor and rallying most of his caucus to vote for it, House Majority Leader Eric Cantor, R-Va., said Republicans would “act with dispatch” to get a separate food stamp bill to the floor.

The farm-only bill has the backing of the rich agriculture corporations. Not so for food stamps. They are for poor people, so the “religious” right wants to crack down on eligibility, increase work requirements and add an expiration date — just on poor-people benefits, not on rich ag businesses.

There is no consensus on how much the program should be cut or changed, and more moderate Republicans would likely balk at the bigger changes sought by conservatives.

There is no talk about easing eligibility or work requirements. The “religious” is sure that poor people are sloths, lying about in their squalid apartments, living on the dole, so they must be cracked down upon — for their own good. (By contrast, the upper .1% work hard digging ditches, collecting garbage, serving tables and otherwise sweating under cruel taskmasters — so they should be given every benefit.)

The only question is not whether a greater burden will be put on the poor, but only how much greater that burden will become. Consider the “religious” right to be an example of institutionalized cruelty and selfishness — exactly what Jesus Christ preached. Right?

If SNAP is not protected in the farm bill, or if future farm bills don’t pass, Republicans could eventually find other ways to cut SNAP — including in the annual appropriations bills that actually fund the food stamps.

For Rick Santorum and the rest of the “religious” right, it is sufficient to claim to love Jesus, so long as he isn’t required to do anything Jesus preached.

Cruelty to the poor? We religious people do it for their own good.
Poverty? The poor deserve it for being lazy.
Women? They don’t know what’s best for them. We do.
Teen girls? They should not get pregnant, but we refuse to allow them birth control.
Poor children? They have to learn to cope with reality.
Poor crime? It’s their fault for coping with reality.
Rich crime? What rich crime? The rich have earned protection from the law.
Microscopic zygotes? Though you can’t see them with the naked eye, they are far more precious than children, teen girls, women and hungry poor people.

Rep. James McGovern, D-Mass., said on the floor, referring to food stamps in the farm bill. “All of a sudden this has become a partisan issue, and the target, so that you can try to balance the budget, has been placed right on the programs like SNAP.”

Rick Santorum, one of my favorite religious hypocrites, once said, “I thank God that America still has one party that reaches out their hands in love to lift up all of God’s children – born and unborn . . .”

And which party is that, Rick? The one that reaches out its palms to the rich and reaches out its fists to the poor?

It is true that today, we have two right-wing parties. Obama himself is far right of Ronald Reagan, and like all politicians, is owned by the upper .1%. Clearly, he is a traitor to the liberal movement and a traitor to the poor. His determination to cut Social Security and other federal benefit programs, demonstrates a surprising (to many) lack of morals.

But, the “religious right” are positively fascist, the craziest, meanest group of politicians I’ve seen during my long life. Santorum, Cain, Romney, Bachmann, Palin, Paul, Gingrich — have you encountered more nuts in one package? And don’t even ask me about Scalia, Thomas, Alito, not to forget Joe Arpaio .

Given that sad reality, why the heck would anyone having less than say, $10 million in assets, vote Republican? In fact, why would any honestly religious person vote Republican, no matter how much money they have?

It’s one of life’s great mysteries.

Rodger Malcolm Mitchell
Monetary Sovereignty

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

#MONETARY SOVEREIGNTY

–And this guy wants to be President? The Rubio cube

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

If the quality of our Presidential candidates foretells America’s future, we are in terrible trouble. Take, for example, Marco Rubio:

Washington Times
Marco Rubio: No debt limit increase until Congress adopts plan to balance budget in 10 years
By Seth McLaughlin-The Washington Times Thursday, July 11, 2013

Sen. Marco Rubio . . . said that Congress should not agree to raise the nation’s borrowing limit “a single cent” until lawmakers pass and Mr. Obama signs off on a spending plan that shows how the federal budget will be balanced in 10 years.

As Rubio knows, the money already has been spent. His proposal is akin to running up a credit card debt, then refusing to pay the bill. Balancing the federal budget will remove trillions from the economy, guaranteeing a recession if we are lucky and a depression if we are not. It is another notorious “sequester” — on steroids.

(Rubio said,) “They will say, ‘Well you are going to risk default.’ The $17 trillion debt is a risk of default. The lack of any plan to fix it is the risk of default — and not a statutory default, a real default.”

Rubio’s plan is not “a risk of default.” It is an actual default. Meanwhile, the government could eliminate the so-called $17 trillion debt tomorrow, simply by transferring debt owners’ own dollars from their T-security accounts to their checking accounts. Rubio pretends not to understand that and he doesn’t want you to understand it.

Mr. Rubio said the administration has had the wrong priorities. Instead of focusing on reducing the debt, reshaping the tax code and tapping into the nation’s domestic energy industry, Mr. Obama has pushed for tighter gun control laws, same-sex marriage and a climate change agenda.

Mr. Rubio said that the Republicans should move in an opposite direction by pursuing a pro-growth agenda that takes advantage of the nation’s oil, coal and natural gas resources, reforms the tax code and reduces government regulations to encourage more investment and risk in America.

Translation: “Instead of causing a recession by reducing the money supply, making the middle-classes pay more taxes while the rich pay less, and increasing pollution and global warming, Mr. Obama has pushed for reducing gun violence, less bigotry against gays and saving the environment for our children.”

Mr. Rubio said that the Republicans should move in an opposite direction by pursuing a negative-growth agenda that burns more of the nation’s oil, coal and natural gas resources, reforms the tax code to benefit the rich and reduces government regulations to encourage more stealing by crooked bankers in America.

“We have to convince the majority of our fellow Americans that the road we are on today will lead us to decline,” Mr. Rubio said. “That we don’t need a government that picks winners and losers. What we need are leaders that believe we can all be winners.”

Translation: “We have to convince the majority of our fellow Americans that cutting the money supply somehow will grow the economy,” Mr. Rubio said. We don’t need a government that helps the poor and takes from to the criminal rich. What we need are leaders that believe we can fool the people into giving the upper .1% more power.”

Let’s be honest here. Marco Rubio has three “qualifications” for the Presidency:

1. He’s a nice-looking young fellow.
2. He’s Latino, a cynical, conservative attempt at fooling other Latino’s into believing the right wing gives a damn about them.
3. He backs every right wing initiative to crush the poor and middle-classes and to pay off the rich for their support.

Like the almost-but-not-quite namesake cube, he can be twisted and turned every rich way, to come up with any crazy design. He is 100% flexible, according to the wishes of the upper .1% income group.

And this guy wants to be President? Sadly, the right wing hasn’t changed from its Mitt Romney, Ron Paul, Newt Gingrich, Rick Santorum, Rick Perry, Michele Bachmann, Herman Cain blend of incompetence and craziness.

The right wing “solutions” simply do not work, will not work, can not work. It’s time for a new plan.

Rodger Malcolm Mitchell
Monetary Sovereignty

===================================================================================
Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually Click here
8. Tax the very rich (.1%) more, with higher, progressive tax rates on all forms of income. (Click here)
9. Federal ownership of all banks (Click here and here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

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

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.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.

THE RECESSION CLOCK

Recessions begin an average of 2 years after the blue line first dips below zero. A common phenomenon is for the line briefly to dip below zero, then rise above zero, before falling dramatically below zero. There was a brief dip below zero in 2015, followed by another dip – the familiar pre-recession pattern.
Recessions are cured by a rising red line.

Monetary Sovereignty

Vertical gray bars mark recessions.

As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

————————————————————————————————————————————————————————————————————————————————————————————————-

Mitchell’s laws:
•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..

•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
/font>

–You’re having the wrong discussion about gay marriage

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

Now the fight is about gay marriage, which the Supreme Court has almost, but not quite, ruled on.

Proponents of gay marriage talk about love and morality and fairness and children. For instance:

–If two people are in love and wish to marry, why should they be denied this happiness? Whom does it hurt?
–The federal government has no laws against two people of the same sex living together nor even of having sex together, so why should they be denied marriage?
–Why should gays and lesbians be treated as second class citizens, by not receiving the same legal benefits and protections that straights receive?
–What evidence exists that children raised by a gay couple have an inferior childhood, by any measure, to children raised in a straight marriage?

Opponents of gay marriage talk about the bible, tradition and promiscuity. For instance:

–God and the bible oppose gay marriage
–Gays are more promiscuous than straights
–Gays choose to be different when they should choose to be normal
–Marriage is for procration
–Gay marriage can lead to polygamy, bestiality and the spread of homosexuality to children and susceptible adults.

In short, those opposed are motivated by the “yuck factor.” Gay marriage feels wrong, so it must be wrong. Those favoring gay marriage are motivated by fairness, and “we’re not hurting anyone.”

But, there is one point that seems to be overlooked in all the endless hyperbole: Why does marriage endow couples with financial benefits?

For example, here are some of those marriage benefits, summarized:

NOLO
Federal Marriage Benefits Denied to Same-Sex Couples
Whether married or not, gay and lesbian same-sex couples are denied many federal benefits that are available to heterosexual married couples.

Social Security Benefits
Spousal survivor benefit. A surviving spouse may be entitled to receive retirement benefits based on the deceased spouse’s earning record.
Spousal retirement benefit. A person whose calculated benefit is lower may take half of his spouse’s higher benefit.
Lump-sum death benefit. A surviving spouse gets $255 from the federal government to help pay for funeral arrangements.

Tax Benefits
Filing joint income tax returns with the IRS offers advantages over separate returns.
Creating a “family partnership.” Married couples can divide business income among family members, resulting in big tax savings.

Estate Tax and Estate Planning Benefits
Estate and gift tax exemption. Federal law exempts a certain amount of money from federal estate and gift taxes on property left to a surviving spouse.
Estate Tax “Portability.” Married couples can combine their personal estate tax exemptions.
Heterosexual married couples can create life estate trusts, including QTIP trusts and QDOT trusts.
The heterosexual spouses of deceased veterans are entitled to a myriad of benefits, including health care, death pensions, educational assistance, home loan guarantees, vocational training, and bereavement counseling.

Federal Employment Benefits
Many of the employment benefits that the federal government provides to its employees and their families are tied to marriage status: Health insurance for spouses, and wages, worker’s compensation, health insurance, and retirement plan benefits for the surviving spouse of a deceased federal worker, the right to use sick time to care for a spouse or a child, the right to add a partner to a long-term care insurance program, and the right to use medical facilities at posts abroad, be evacuated for medical reasons from posts abroad, and be included in family size for housing allocations.

Immigration Benefits
A non-U.S. citizen may obtain legal residency, and later citizenship status, when married to a U.S. citizen.

So the question is: Why all these government benefits of marriage? Or more accurately: Why does the government discriminate against single people?

That is the real question, never asked, much less answered.

(And why are single people not as angry as gays at this discrimination?)

Rodger Malcolm Mitchell
Monetary Sovereignty

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

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

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