–OMG! I agree with Tim Geithner!! It’s about Mark Kirk.

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, and the motive is the gap.
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It seems almost impossible, but I actually do agree with Timothy Geithner about something.

No, I don’t agree with the Geithner, who decided that saving the finances of such luminaries as Jamie Dimon (JPMorgan Chase & Co.) and Lloyd Blankfein (Goldman Sachs) was far more important than saving the economy and the life savings of millions of Americans.

And no, I don’t agree with the Geithner who now has received the usual political bribery. i.e. lucrative employment after leaving office:

As memoir is released, Geithner defends his new private-equity job

As Timothy F. Geithner began making the publicity rounds on Monday to push his newly released memoir, the former Treasury secretary defended his decision to join a top private-equity firm after leaving office last year.

Critics have charged that Geithner was cashing in on his government experience and was another example of the too-cozy relationship between Washington and Wall Street.

And I don’t agree with Geithner’s rewarding fraudmeisters like Richard Fuld (Lehman Brothers), Jimmy Cayne (Bear Stearns), Stanley O’Neal (Merrill Lynch), Chuck Prince (Citigroup) and Ken Lewis (Bank of America), who prospered beyond most people’s imagining.

But, I do agree with this:

Geithner’s new book rips Kirk on U.S. debt and China
May 12, 2014|By Katherine Skiba | Tribune reporter

Geithner takes a shot at Sen. Mark Kirk of Illinois for “delusional” fears when Kirk purportedly warned officials in China not to buy U.S. Treasury securities or other U.S. debt.

Kirk, a Republican, warned the Chinese that U.S. spending “was driving us toward default” and the Federal Reserve Bank was “creating hyperinflation.”

Geithner writes. “Not only were those fears delusional, but he was undermining American interests on foreign soil.”

Kirk’s office issued a brief statement today that neither confirmed nor denied Geithner’s characterization of the Illinois lawmaker’s comments to the Chinese. It said:

“Since traveling to China in 2009, our nation’s debt has grown from $11.9 trillion to $17.5 trillion. What is fact, and not delusional, is that our spending habit cripples our economic recovery and is undeniably unsustainable.”

So, I do agree with Geithner that Kirk was wrong — diametrically wrong — though I don’t think Kirk is delusional. Kirk knew exactly what he was doing.

As a solid member of the “I-trade-votes-for-dollars” club, Kirk was doing the bidding of the upper .1% income/power group, by spreading the fiction that deficit spending “cripples our economic recover” (Actually, deficits stimulate recovery) and is “unsustainable” (Actually, deficits are infinitely sustainable).

The rich do not want the 99.9% to realize that federal spending on benefits to the not-rich narrow the income/power gaps, and are exactly what the economy needs. So Kirk, receiving money and promises from the .1%, does as he is paid to do.

That’s loyalty from an obedient soldier.

Unfortunately, Geithner reverts to form, when he writes:

“I sometimes wondered where this newfound right-wing enthusiasm for fiscal discipline had been during the Bush years, when unfunded wars, tax cuts, and a new Medicare prescription drug benefit had helped turn the Clinton surpluses into deficits.”

Yes, he implies the BIG LIE, the false idea that federal financing is like personal financing, where spending should be balanced by income.

In fact, Clinton’s wonderful surpluses led to a recession immediately after he left office — a recession that was cured with — you guessed it — increased deficit spending.

By why bother with details and facts, when the public will accept the BIG LIE??

Anyway, the supposedly “moderate” Republican Mark Kirk, has proved himself to be no different from the rest of the Republicans, the Democrats and the President himself — all bought and paid for by the 1%.

Now, let’s talk about the $100 million needed for the Obama library. Penny Pritzker, are you listening?

Rodger Malcolm Mitchell
Monetary Sovereignty

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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
8. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)
9. Federal ownership of all banks (Click here)
10. Tax the very rich (.1%) more, with much higher, progressive tax rates on all forms of income. (Click here)

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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

THE RECESSION CLOCK

Vertical gray bars mark recessions.

As the federal deficit growth lines drop, we approach recession, which will be cured only when the lines rise. Federal deficit growth is absolutely, positively necessary for economic growth. Period.

#MONETARY SOVEREIGNTY

–Science has spoken: Your grandchildren are safe. There is no global warming.

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

You may be exposed to such liberal propaganda as this:

Scientists Warn of Rising Oceans From Polar Melt
By Justin Gillis and Kenneth Chang, May 12, 2014

A large section of the mighty West Antarctica ice sheet has begun falling apart and its continued melting now appears to be unstoppable, two groups of scientists reported on Monday.

If the findings hold up, they suggest that the melting could destabilize neighboring parts of the ice sheet and a rise in sea level of 10 feet or more may be unavoidable in coming centuries.

“This is really happening,” Thomas P. Wagner, who runs NASA’s programs on polar ice and helped oversee some of the research, said in an interview. “There’s nothing to stop it now. But you are still limited by the physics of how fast the ice can flow.”

Two scientific papers released on Monday by the journals Science and Geophysical Research Letters came to similar conclusions by different means.

“Today we present observational evidence that a large sector of the West Antarctic ice sheet has gone into irreversible retreat,” Dr. Eric Rignot, a glaciologist at the University of California, Irvine, said in the NASA news conference. “It has passed the point of no return.”

Or this:

Why Climate Change is a U.S. Children’s Health Issue
Frederica Perera and Patrick Kinney, Columbia University Mailman School of Public Health | May 09, 2014 01:50am ET

Coming on the heels of recent reports from the Intergovernmental Panel on Climate Change , this week’s report from the U.S. National Climate Assessment makes it clear that climate change is already affecting health in the United States and that policies to curb climate change can improve the health of Americans while also avoiding unprecedented and unpredictable changes in the Earth system.

However, largely missing from the public discussion are the multiple threats posed to children’s health by climate change and by its root cause, fossil-fuel burning.

This is a critical omission because burning fossil fuel not only emits carbon dioxide, the major human-produced greenhouse gas, but also generates a toxic mix of health-damaging pollutants.

Why should anyone believe the above-mentioned scientists, who clearly have a political agenda, when we can rely on impartial, well-informed scientists like:

Charles Krauthammer: Climate Change Is A ‘Superstition’ Like A Native American ‘Rain Dance’

According to that eminent, impartial scientist, Charles Krauthammer, it’s like this: Native American religion is “superstition,” while Christian religion is “science” (as in the science of creationism).

And then, there are:

The rest of the scientists at FOX News

“White House climate change report unveils dire warning. Are they trying to distract from other problems?”
“National Climate Assessment report: Alarmists offer untrue, unrelenting doom and gloom”
“Mark Steyn debunks the alarmism behind global warming”

And who could doubt:

Rush Limbaugh: Media Is ‘Lying’ About Climate Change And Global Warming

In August, Limbaugh sparked controversy when he stated that anyone who believes in God “cannot believe in man-made global warming.” His recent statements expanded on his previous claims:

“They’re [liberals] perpetrating a hoax,” he said. “They are relying on their total dominance of the media to lie to you each and every day about climate change and global warming.”

“Obviously there is no melting of ice going on at the North Pole.“

O.K., so FOX News is a right-wing, political mouthpiece, that first finds out what the position of the wealthiest .1% is, then argues for it, whatever it might be. But what about these well-respected scientists:

Climate Change Truther Marco Rubio Is Now A Scientist, Man

In a 2012 interview with GQ magazine, Senator Marco Rubio (R-FL) memorably declined to answer a straightforward question on the age of the Earth, telling reporter Michael Hainey, “I can tell you what recorded history says, I can tell you what the Bible says, but I think that’s a dispute amongst theologians and I think it has nothing to do with the gross domestic product or economic growth of the United States. I think the age of the universe has zero to do with how our economy is going to grow. I’m not a scientist. I don’t think I’m qualified to answer a question like that.”

In the 16 months since that interview, Rubio has apparently been taking night classes.

During a Sunday appearance on ABC’s This Week, Rubio shared his thoughts on whether human activity is causing climate change.

“Our climate is always changing. And what they have chosen to do is take a handful of decades of research and say that this is now evidence of a longer-term trend that’s directly and almost solely attributable to manmade activity…I do not agree with that.”

“I do not believe that human activity is causing these dramatic changes to our climate the way these scientists are portraying it,” the senator added. “I do not believe that the laws that they propose we pass will do anything about it, except it will destroy our economy.”

And if you don’t believe renowned, impartial scientist and Presidential candidate, Rubio, surely you must accept:

Florida’s Governor Scott Takes Deep Dive Into Climate Change

[humor]My fellow Floridians, as you’ve all probably heard, a new National Climate Assessment report says that Florida is seriously threatened by rising sea levels, mass flooding, salt-contaminated water supplies and increasingly severe weather events — all supposedly caused by climate change.

Let me assure you there’s absolutely no reason for worry. I still don’t believe climate change is real, and you shouldn’t, either.

So, it’s settled. The right-wing, creationist scientists, who do their extensive research in the New Testament, have proved beyond doubt that adding carbon dioxide to the atmosphere does not create warming.

As the Tea/Republican Party prepares to take over the Senate and, in two years, the Presidency, be assured. Your grandchildren are safe.

Rodger Malcolm Mitchell
Monetary Sovereignty

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#MONETARY SOVEREIGNTY

–What is the single most important issue in the coming election?

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

Considering the glacial pace of the so-called economic “recovery,” one would think that the out-of-power party would have many, many issues to discuss, and many, many proposals to lift the economy.

Apparently, that is not the case. In fact, there now seems to be one, and only one, major issue facing America:

Tea/Republicans vote against gays. BENGHAZI!
Tea/Republicans vote against immigrants. BENGHAZI!
Tea/Republicans prevent blacks and browns from voting. BENGHAZI!
Tea/Republicans vote 50 times to eliminate the Romney GOP creation, ACA, without offering an alternative that helps the poor. BENGHAZI!
Tea/Republicans vote against increasing unemployment compensation. BENGHAZI!
Tea/Republicans vote against increasing the minimum wage. BENGHAZI!
Tea/Republicans vote to cut budget for U.S. State Department security. BENGHAZI!
Tea/Republican governors won’t expand Medicaid, thus depriving millions of their own citizens healthcare insurance and costing their states millions of dollars in federal aid. BENGHAZI!
Tea/Republicans want to cut Medicare and Medicaid. BENGHAZI!
Tea/Republicans want to privatize Social Security to aid wealthy investors. BENGHAZI!
Tea/Republicans want to prevent women from using birth control. BENGHAZI!
Tea/Republicans repeatedly vote to cut health care for veterans. BENGHAZI!
Tea/Republicans want to cut taxes on the rich, while “broadening” the tax base to make the poor pay more. BENGHAZI!
Tea/Republicans vote against more stringent controls of banks. BENGHAZI!
Tea/Republicans vote to teach creationism in science classes. BENGHAZI!
Tea/Republicans vote to cut food stamps and any other spending that benefits the poor. BENGHAZI!
Tea/Republicans don’t accept global warming and pollution, so don’t want to reduce the use of fossil fuels. BENGHAZI!
Tea/Republicans sponsor the NRA propaganda advocating the carrying of all types of guns anywhere by anyone, any time. BENGHAZI!
Tea/Republicans support racial profiling by local law enforcement. BENGHAZI!
Tea/Republicans create “Stand your ground” laws that allow the shooting of unarmed blacks. BENGHAZI!
Right wing Supreme Court votes to allow the rich to spend unlimited sums to control elections. BENGHAZI!
Right wing Supreme Court repeatedly votes to weaken the wall separating church and state. BENGHAZI!
Tea/Republicans call the rich, “makers,” and the poor, “takers, and repeatedly vote to widen the gap between the rich and the rest. BENGHAZI!

O.K., it’s agreed. BENGHAZI! is the single, most important issue – perhaps the only real issue –facing America.

And specifically what is this single, most important issue? It took President Obama a whole week to agree that terrorists had killed four of our people. A WHOLE WEEK!

And why is this the single most important issue?

Well, how many more times can you vote against “Obamacare”?

Rodger Malcolm Mitchell
Monetary Sovereignty

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#MONETARY SOVEREIGNTY

–This is your life in the America of guns

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

This is your life in the America of guns.

Wayne LaPierre, executive vice president and CEO of the National Rifle Association: “The only thing that stops a bad guy with a gun is a good guy with a gun.”

Which is the bad guy and which is the good guy? Quickly. Decide. Decide. Decide. Your life may depend on it. What will you do next, as each stranger approaches?

Are these good guys or bad guys?

EVERYWHERE YOU GO

Are these good guys or bad guys?

EVERYWHERE YOU GO

Are these good guys or bad guys?