Twitter: @rodgermitchell; Search #monetarysovereignty
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Mitchell’s laws:
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●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 poor.
●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.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..
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You might think that “hiring” President of the United States would bring forth our most brilliant, our most honest, our most creative people and our strongest leaders as candidates.

Sadly, it seem to bring forth the dregs — people who crave the honor and glory, and will do the bidding of the rich, like beggars kneeling before kings.

To disabuse you of any false beliefs, we have compiled some comments under the title: “And this guy wants to be President of the United States??”

Rick Santorum:“Republican presidential candidate Rick Santorum on Thursday called the tragic church shooting in Charleston, S.C. — which left nine people dead — a “crime of hate” and connected the event to a broader “assault on our religious liberty.”

“You’re sort of lost that somebody could walk into a Bible study in a church and indiscriminately kill people.”

Santorum, the infamous ultra bible-thumping climate change denier, also is a denier of right-wing racial bigotry. He claimed that the guy who said, “I’m here to shoot black people” really was assaulting religious liberty.

No Rick. He was a religious guy, just like you. He sat there for an hour, studying the Bible. Then he took his easily obtained gun and killed 9 black people. Get it?

And we won’t even get into how climatologist Santorum said, “When it comes to climate change, leave it to the scientists.” (Scientists such as Rick?)

Jeb Bush: Another right-wing climate change denier (who one day in the future will claim he knew it all the time), said: ““I hope I’m not going to get castigated for saying this, by my priest back home, but I don’t get my economic policy from my bishops or my cardinals or my pope. Religion ought to be about making us better as people and less about things that end up getting into the political realm.”

Apparently, Jeb thinks caring for the earth and our environment has nothing to do with us being better people.

Donald Trump: (Re. ISIS): “Take back the oil. Once you go over and take back that oil, they have nothing. You bomb the hell out of them, and then you encircle it, and then you go in. And you let Mobil go in, and you let our great oil companies go in. Once you take that oil, they have nothing left.”

Hey, it worked in Iraq, didn’t it? And who cares how many American youngsters get killed, so long as Mobile makes a fortune? Spoken like a rich fool.

Rick Perry: “Whether or not you feel compelled to follow a particular lifestyle or not, you have the ability to decide not to do that. I may have the genetic coding that I’m inclined to be an alcoholic, but I have the desire not to do that, and I look at the homosexual issue the same way.”

Rick, it sounds like you do have the genetic coding to be an alcoholic, and you have yielded to that desire.

Sober up, “Oops.”

Lindsey Graham: “The Confederate flag is part of who we are. The flag represents to some people a Civil War and that was the symbol of one side. To others it’s a racist symbol, and it’s been used by people, it’s been used in a racist way.

But the problems we have in South Carolina and throughout the world are not because of a movie or a symbol, it’s because of what’s in people’s heart.”

The Confederate flag represents slavery. Is that who you are, Lindsey?

To paraphrase your logic, the swastika must be part of who Germans are. It represents to some people WWII, and to others its a racist symbol. But the racist problems in Germany are not because of the swastika, but because of what’s in people’s heart.

So fly that swastika?

Ted Cruz: “It is the job of a chaplain to be insensitive to atheists”

“I didn’t threaten to shut down the government”

In truth, Ted Cruz makes so many “wacko bird” (per Senator John McCain) comments, they could fill the page. Saying a chaplain’s job is to be insensitive, crosses the border into blithering nuttiness.

As for his claim he didn’t threaten to shut down the government, add that to: The sky isn’t blue; the world isn’t round and water isn’t wet — all equally true.

Mike Huckabee: Doesn’t want to give women access to no-co-pay birth control under the Affordable Care Act, because that tells women “they are helpless without Uncle Sugar coming in and providing for them a prescription each month for birth control because they cannot control their libido or their reproductive system without the help of government.”

Hmmm . . . So having insurance to pay for birth control proves you cannot “control” your libido? Apparently, in Huckabeeland, women should do without sex or just keep on having babies.

Mike, better talk this over with Janet Huckabee.

Bobby Jindal: (LSU has) “one of the lowest tuition rates in the entire country — less than $10,000” a year for tuition, books, meals and housing.”

Uh, Bobby . . . It costs over $20,000 — more than double. You didnt know that?

But why be surprised by a guy who came into office with a $1 billion surplus, and quickly turned it into a $1.6 billion deficit, while cutting funding for education?

Ben Carson: A lot of people who go into prison go into prison straight—and when they come out, they’re gay. So, did something happen while they were in there? Ask yourself that question.”

Ben, are you saying that being jail-raped makes a person gay? How did you ever get to be a doctor? Exactly what is your point?

Marco Rubio: “There’s a lot of issues going on in the country, and immigration right now is not at the forefront. We’re not going to grant blanket amnesty to 12 million people. We’re also not going to round up and deport 12 million people.”

“Our climate is always changing. We’ve had hurricanes in Florida forever. . . . I’m not a scientist, man. . . . I do not believe that human activity is causing these dramatic changes to our climate the way these scientists are portraying it.“

OK, Marco, you don’t want them to become citizens and you don’t want to deport them. So exactly what’s your plan? Does it depend on your audience on any given day?

Apparently, since you’re not a scientist, we should believe you instead of what scientists say??

Scott Walker: When asked whether he believes in evolution: “I’m going to punt on that one.”

“I hate big government . . . A key to success is not how many people are dependent on the government – but rather how many people are not.

Think of it: A potential President of the United States who has to “punt” on whether he believes in evolution? Yikes! What happens if he become President and encounters a hard question? More punting?

Scott, that great enemy of big government, thinks it’s good that his government requires women to undergo ultrasounds for no medical reason, regardless of the patient’s wishes, and regardless of what doctors say is necessary.

Rand Paul: “I have heard of many tragic cases of walking, talking normal children who wound up with profound mental disorders after vaccines.”

“With regard to the idea of whether you have a right to health care . . . I’m a physician . . . that means you have a right to come to my house and conscript me. It means you believe in slavery. It means that you’re going to enslave not only me, but the janitor at my hospital, the person who cleans my office, the assistants who work in my office, the nurses.”

Perfect. Rand, “the physician,” spreads a myth about vaccines, so he can discourage parents from vaccinating their children. Endangering the lives of our children is what he thinks a President should do.

It also is helpful for Rand, “the physician,” to explain that a right to health care actually is slavery. Some physician he must have been; some President he would make.

Carly Fiorina: “My track record at Hewlett-Packard is very clear. We took a company and doubled it in size to almost $90 billion. We took the growth rate from two percent to nine percent. And yes, indeed, we grew jobs, because we transformed a company that was falling behind and failing to one that was growing and succeeding.”

Sounds great. So exactly why was she fired after only six years?

She “doubled” the size of HP by merging with a company almost the same size (Compaq)– a merger that has proved to be a failure. Carly, here’s how I doubled my pay in just one hour: I married a working woman.

She selectively chose the growth-rate dates. Using date-for-date, revenue growth actually fell from 7 percent to 3 percent, not rose from 2% to 9%. Sort of a difference.

And as for “growing jobs,” the combined HP/Compaq job count declined during her tenure.

Ah, facts, facts. I’m a politician. I don’t worry about facts. I just want the glory of being President, a big pension the rest of my life, plus a Presidential library. Isn’t that what we all want?

All of the above shows that somehow, the American system for picking our Presidents is fatally flawed.

We invariably wind up with a weak, political creature, willing to say or do anything to get money and votes, eager to do whatever the rich tell him to do, and surrounded by flunkees who tell him he’s brilliant.

Think back to the Presidents during your lifetime. Can you remember any honest, bold, effective leaders in the bunch?

This isn’t working. Maybe if we found a way to eliminate campaign contributions, we’d find people who actually wanted to lead this nation, and were capable of doing it, rather than hiring political boobs who just want to get rich.

Rodger Malcolm Mitchell
Monetary Sovereignty

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The Ten Steps to Prosperity:

1. Eliminate FICA (Click here)
2. Federally funded free 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. Federally funded, 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. (Refer to this.)
8. Tax the very rich (the “.1%”) more, with higher, progressive tax rates on all their 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)

Initiating The Ten Steps sequentially will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.-

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.
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

Long term view:

Recent view:

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.

#MONETARYSOVEREIGNTY