Who are the good guys? Who are the bad guys?

Who are the good guys? Who are the bad guys?

ASSAILANTS KILL 14 NEAR LOS ANGELES IN WORST MASS SHOOTING SINCE SANDY HOOK

Syed Rizwan Farook, 28, and Tashfeen Malik, 27, entered the Inland Regional Center in San Bernardino and opened fire using assault weapons and handguns, the police said.

Farook, a county employee, attended the holiday party before the shooting, according to the police. He then left in an “angry” manner and returned to open fire

“The only thing that stops a bad guy with a gun is a good guy with a gun,”  NRA’s Executive Vice President Wayne LaPierre

Monetary sovereignty

Who are the good guys? Who are the bad guys?

Were Farook and Malik “good” guys and gals, or were they “bad” guys and gals?

The 2016 Gun-Violence Statistics Out of Chicago Are Horrific

Almost 3,000 Chicagoans were shot in 2015. In the first ten days of 2016, three times as many people were shot in Chicago as in the beginning of 2015, the Chicago Tribune reports.

Donald Trump: “We love the Second Amendment, folks. Nobody loves it more than us, so just remember that.”

Often, Trump shifts the conversation about gun control to mental health, which he says is an issue politicians have ignored for too long. A day after two journalists were killed on live TV in Virginia, he rejected calls to strengthen gun laws.

“This isn’t a gun problem, this is a mental problem,” he said.

monetary sovereignty

Who are the sane guys? Who are the insane guys?

Everything You Need to Know About Federal Background Checks

In the United States, anybody who wishes to purchase a gun at a federally licensed firearms dealer (FFL) is subject to a background check.

Of course, if you think you can’t pass a background check, don’t buy your gun from an FFL. Simple.

The most common reason for a gun purchase denial is a criminal conviction. Nearly 150,000 fugitives, 120,729 domestic offenders, and 109,875 unlawful drug users have been denied in the 17 years NICS has been online.

For all the focus on mental health, the bar for denying someone on psychiatric grounds is very high, leading to relatively few rejections: Only 21,000 applicants have been denied because they were declared mentally unfit by a judge.

Somebody tell that to Donald Trump.

State and local police are not required to submit criminal-record data to the FBI. Reporting “varies widely based on the practices of the individual departments. The smaller the town, the worse the records.”

Federal law does not require states to forward mental health records to NICS, and some states are resistant, citing privacy laws.

The FBI has only three days to make a final determination on the buyer.

Why only 3 days? What’s the rush?

If a decision can’t be made in that time frame, the FFL is allowed by law to go ahead and sell the firearm. The dealer is also not required to notify the FBI when a sale has been made after a three-day delay.

Default-proceed sales are eight times more likely to involve a prohibited purchaser than sales with background checks that are resolved within 72 hours.

What could possibly go wrong with a system like that?

monetary sovereignty

Study these people carefully. Take your time.

Some bought their guns at a federally licensed firearms dealer. Some bought their guns from a friend, or a neighbor, or a stranger on the street, or at a gun show, where no background checks at all were necessary.

Look again.  With which of them are you trusting your life?

Who are the good guys? Who are the bad guys?

Rodger Malcolm Mitchell
Monetary Sovereignty

===================================================================================
Ten Steps to Prosperity:
1. ELIMINATE FICA (Ten Reasons to Eliminate FICA )
Although the article lists 10 reasons to eliminate FICA, there are two fundamental reasons:
*FICA is the most regressive tax in American history, widening the Gap by punishing the low and middle-income groups, while leaving the rich untouched, and
*The federal government, being Monetarily Sovereign, neither needs nor uses FICA to support Social Security and Medicare.
2. FEDERALLY FUNDED MEDICARE — PARTS A, B & D, PLUS LONG TERM CARE — FOR EVERYONE (H.R. 676, Medicare for All )
This article addresses the questions:
*Does the economy benefit when the rich afford better health care than the rest of Americans?
*Aside from improved health care, what are the other economic effects of “Medicare for everyone?”
*How much would it cost taxpayers?
*Who opposes it?”
3. PROVIDE AN ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA, AND/OR EVERY STATE, A PER CAPITA ECONOMIC BONUS (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB) Or institute a reverse income tax.
This article is the fifth in a series about direct financial assistance to Americans:

Why Modern Monetary Theory’s Employer of Last Resort is a bad idea. Sunday, Jan 1 2012
MMT’s Job Guarantee (JG) — “Another crazy, rightwing, Austrian nutjob?” Thursday, Jan 12 2012
Why Modern Monetary Theory’s Jobs Guarantee is like the EU’s euro: A beloved solution to the wrong problem. Tuesday, May 29 2012
“You can’t fire me. I’m on JG” Saturday, Jun 2 2012

Economic growth should include the “bottom” 99.9%, not just the .1%, the only question being, how best to accomplish that. Modern Monetary Theory (MMT) favors giving everyone a job. Monetary Sovereignty (MS) favors giving everyone money. The five articles describe the pros and cons of each approach.
4. FREE EDUCATION (INCLUDING POST-GRAD) FOR EVERYONEFive reasons why we should eliminate school loans
Monetarily non-sovereign State and local governments, despite their limited finances, support grades K-12. That level of education may have been sufficient for a largely agrarian economy, but not for our currently more technical economy that demands greater numbers of highly educated workers.
Because state and local funding is so limited, grades K-12 receive short shrift, especially those schools whose populations come from the lowest economic groups. And college is too costly for most families.
An educated populace benefits a nation, and benefiting the nation is the purpose of the federal government, which has the unlimited ability to pay for K-16 and beyond.
5. SALARY FOR ATTENDING SCHOOL
Even were schooling to be completely free, many young people cannot attend, because they and their families cannot afford to support non-workers. In a foundering boat, everyone needs to bail, and no one can take time off for study.
If a young person’s “job” is to learn and be productive, he/she should be paid to do that job, especially since that job is one of America’s most important.
6. ELIMINATE CORPORATE TAXES
Corporations themselves exist only as legalities. They don’t pay taxes or pay for anything else. They are dollar-tranferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the government (the later having no use for those dollars).
Any tax on corporations reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all corporate taxes come around and reappear as deductions from your personal income.
7. INCREASE THE STANDARD INCOME TAX DEDUCTION, ANNUALLY. (Refer to this.)
Federal taxes punish taxpayers and harm the economy. The federal government has no need for those punishing and harmful tax dollars. There are several ways to reduce taxes, and we should evaluate and choose the most progressive approaches.
Cutting FICA and corporate taxes would be an good early step, as both dramatically affect the 99%. Annual increases in the standard income tax deduction, and a reverse income tax also would provide benefits from the bottom up. Both would narrow the Gap.
8. TAX THE VERY RICH (THE “.1%) MORE, WITH HIGHER PROGRESSIVE TAX RATES ON ALL FORMS OF INCOME. (TROPHIC CASCADE)
There was a time when I argued against increasing anyone’s federal taxes. After all, the federal government has no need for tax dollars, and all taxes reduce Gross Domestic Product, thereby negatively affecting the entire economy, including the 99.9%.
But I have come to realize that narrowing the Gap requires trimming the top. It simply would not be possible to provide the 99.9% with enough benefits to narrow the Gap in any meaningful way. Bill Gates reportedly owns $70 billion. To get to that level, he must have been earning $10 billion a year. Pick any acceptable Gap (1000 to 1?), and the lowest paid American would have to receive $10 million a year. Unreasonable.
9. FEDERAL OWNERSHIP OF ALL BANKS (Click The end of private banking and How should America decide “who-gets-money”?)
Banks have created all the dollars that exist. Even dollars created at the direction of the federal government, actually come into being when banks increase the numbers in checking accounts. This gives the banks enormous financial power, and as we all know, power corrupts — especially when multiplied by a profit motive.
Although the federal government also is powerful and corrupted, it does not suffer from a profit motive, the world’s most corrupting influence.
10. INCREASE FEDERAL SPENDING ON THE MYRIAD INITIATIVES THAT BENEFIT AMERICA’S 99.9% (Federal agencies)Browse the agencies. See how many agencies benefit the lower- and middle-income/wealth/ power groups, by adding dollars to the economy and/or by actions more beneficial to the 99.9% than to the .1%.
Save this reference as your primer to current economics. Sadly, much of the material is not being taught in American schools, which is all the more reason for you to use it.

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

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

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..

•No nation can tax itself into prosperity, nor grow without money growth.
•Cutting federal deficits to grow the economy is like applying leeches to cure anemia.
•A growing economy requires a growing supply of money (GDP = Federal Spending + Non-federal Spending + Net Exports)
•Deficit spending grows the supply of money
•The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
•The limit to non-federal deficit spending is the ability to borrow.

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

If a man and a woman each act stupidly, which will be President?

gYou may expect this article to be about the “glass ceiling,” i.e.the unfair disadvantage women have in business and other pursuits. Or, you may believe this article is about Donald Trump and Hillary Clinton.

You’d be right — and wrong.

The 5/16/16 edition of the Chicago Tribune had this excellent article by Dana Milbank. I’ll give you a few excerpts, but I recommend you find and read the full article, by purchasing a Tribune or by going online:

Sarah Palin, the political mother of Donald Trump
Dana Milbank

Sarah Palin: “You can actually see Russia from land here in Alaska.”
Donald Trump: “I know Russia well. I had a major event in Russia two or three years ago, Miss Universe contest.”

Palin is, politically, the Mother of Trump.

Trump, asked by NBC’s Chuck Todd where he gets his military advice, said: “Well, I watch the shows. You know, when you watch your show and all of the other shows.”

Palin’s reply to Katie Couric in 2008 about which newspapers or magazines she reads: “Um, all of them, any of them that have been in front of me all these years.”

But the likenesses go much deeper:
–The attacks on the media.
–The demonization of a supposed “establishment.”
–The huge and sometimes violent crowds.
–The prominent platforms given both candidates by Fox News.
–The racist responses among supporters.
–The suspicion of science.
–The scapegoating of Muslims.
–The portrayal of President Barack Obama as something other than American.

Well before Trump built his national political reputation by questioning the authenticity of Obama’s birth certificate, Palin called it a “fair question” and “fair game” and said “the public rightfully is still making it an issue.”

In 2011, after Trump said he was sending investigators to Hawaii to probe Obama’s birth, Palin responded, “More power to him.”

Before Trump said he would bring back waterboarding and “a hell of a lot worse,” Palin (said) “if I were in charge, they would know that waterboarding is how we baptize terrorists.”

Before Trump talk(ed) about banning Muslim immigration (a stance Palin supports) and forced registration of Muslims, Palin said, “Let Allah sort it out,” in her 2013 response to the Syrian civil war.

Palin justified her accusation that Obama “pals around with terrorists” by saying that Obama isn’t “a man who sees America the way you and I see America”.

She stirred the crowd to turn against the press in a manner similar to Trump’s rallying of supporters against penned-in reporters at his events: “Palin supporters turned on reporters in the press area, waving thundersticks and shouting abuse. One Palin supporter shouted a racial epithet at an African-American soundman for a network and told him, ‘Sit down, boy.'”

Nicolle Wallace, a former top official on the McCain 2008 campaign, observed the parallel in The New York Times in January after Palin endorsed Trump: “Mr. Trump is riding the wave of anxiety that Ms. Palin first gave voice to as Sen. John McCain’s running mate. Mr. Trump has now usurped and vastly expanded upon Ms. Palin’s constituency, but the connection between the two movements is undeniable.”

Sarah Palin is well engraved in America’s consciousness as being a raving loony, who is completely ignorant about world and domestic politics. She appeals to fringe mentalities, followers whose primary emotion is hatred of anyone or anything different from them, especially the poor and people of color.

Palin’s rants rightfully are dismissed with laughter and scorn by anyone with a brain. And, though she has had some experience in politics, her image as an “idiot shouting” has made her unelectable.

Donald Trump is even more extreme and has less political experience than Palin. His rants about deporting 11 million Mexicans and building a wall he will force Mexico to buy, and torturing prisoners, and his Islamophobia are dismissed with laughter and scorn by anyone with a brain, even by his own party.

His judgement is seriously lacking. Trump shrugged off widespread allegations that Russian President Putin has ordered the killing of journalists and political dissidents.

Trump: “He’s running his country and at least he’s a leader, unlike what we have in this country. I think our country does plenty of killing also.”

(Presumably, Trump feels the same way about Stalin, Hitler, Mussolini, Castro, and Kim Jong-un.)

Trump’s answering of questions with questions, generalities, irrelevancies, and innuendo is Palinesque. To defend Trump’s banning of Muslims, Palin said, “As governor of Alaska, I banned Muslims from entering my daughter Bristol, and that ban is still enforced to this day.”

A typical Trumpian/Palinian non sequitur.

Trump explained to Bill O’Reilly on Fox News, why he wants to ban all Muslims from America: “Many, many, most Muslims are wonderful people, but is there a Muslim problem? Look what’s happening. Look what happened right here in my city with the World Trade Center and lots of other places.

Yes, the billion Muslims in the world are represented by the dozen guys on the 9/11 planes in the world of Palin/Trump.

Like Palin, Trump is an “idiot shouting,” but unlike her, he just might be elected President.

Why the difference?

Palin/Trump are famous, glib, entertaining, white, Christian, and reasonably attractive. Both appeal to the same angry, “anti-everything,” hatred-spread-wide mentality. Both criticize everything, but have no solid plans for anything.

So why is she a joke, and he might be President?

And here comes Hillary Clinton. Her primary sins are:
–She took two whole weeks to reveal that Benghazi was not the result of a movie, but rather was a planned terrorist activity.
–She used her private server for Emails
–And isn’t there is something vaguely wrong with the Clinton Foundation?
–And wasn’t there something about Whitewater and Kenneth Starr that after years of investigation and millions in costs, and many conspiracy theories, never came to anything?

Considering Clinton has been in politics for many years, that’s a relatively puny list. Compare her scandals with Trump’s numerous scandals, failed businesses like Trump University, Trump Steaks, Trump Vodka, Trump Shuttle, and four bankruptcies for which the perpetrator boasts about cheating lenders (and suggests the U.S. government do the same).

Speaking of cheating, Hillary was cheated on by her husband. She stood by her man. The Donald cheated on his wife and divorced her.

Hillary remains married, while Donald is a two-time loser, working on his third wife.

But Hillary can’t be trusted while the Donald can??

Yes, Hillary is criticized for her husband’s unfaithfulness, while Donald’s own unfaithfulness barely is mentioned.

Why?

Hillary has broad experience in government, both domestic and international. Sarah has experience in domestic government.

Donald not only has no experience (other than funding a beauty contest in Russia) — even less experience than Sarah Palin — but he doesn’t seem to understand any need for experience to be hired for the most important job in the world.

It’s doubtful he would hire an inexperienced accountant or lawyer, but he wants America to hire an inexperienced President.

Yet somehow he, not Palin, is the Republican candidate for President.

Why?

I suspect there are two differences:

For reasons only a psychologist might be able to identify, Hillary has a likability problem. Perhaps it’s her voice, or her wide-eyed enthusiasm or her unstylish pantsuits, but for many people, she seems to be cursed with the “Dr. Fell syndrome.” 

And this may relate to the other reason: She is a woman, and men can get away with far more bullsh*t than can women.

Palin/Trump are kindred spirits, espousing the same mixture of ignorance, bigotry and outright lies, that appeal to ignorant, bigoted and gullible people.

Ah, but Mrs. Palin, she is an unelectable, Tina Fey comedy sketch, while Mr. Trump, the notorious misogynist, so infantile he feels compelled to surround himself with beautiful women — he is in danger of winning the Presidency.

Bill Clinton scandalized the Oval office. Imagine what Trump will do in there.

Advice to Melania Trump: Don’t get old.

Rodger Malcolm Mitchell
Monetary Sovereignty
===================================================================================
Ten Steps to Prosperity:
1. ELIMINATE FICA (Ten Reasons to Eliminate FICA )
Although the article lists 10 reasons to eliminate FICA, there are two fundamental reasons:
*FICA is the most regressive tax in American history, widening the Gap by punishing the low and middle-income groups, while leaving the rich untouched, and
*The federal government, being Monetarily Sovereign, neither needs nor uses FICA to support Social Security and Medicare.
2. FEDERALLY FUNDED MEDICARE — PARTS A, B & D, PLUS LONG TERM CARE — FOR EVERYONE (H.R. 676, Medicare for All )
This article addresses the questions:
*Does the economy benefit when the rich afford better health care than the rest of Americans?
*Aside from improved health care, what are the other economic effects of “Medicare for everyone?”
*How much would it cost taxpayers?
*Who opposes it?”
3. PROVIDE AN ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA, AND/OR EVERY STATE, A PER CAPITA ECONOMIC BONUS (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB) Or institute a reverse income tax.
This article is the fifth in a series about direct financial assistance to Americans:

Why Modern Monetary Theory’s Employer of Last Resort is a bad idea. Sunday, Jan 1 2012
MMT’s Job Guarantee (JG) — “Another crazy, rightwing, Austrian nutjob?” Thursday, Jan 12 2012
Why Modern Monetary Theory’s Jobs Guarantee is like the EU’s euro: A beloved solution to the wrong problem. Tuesday, May 29 2012
“You can’t fire me. I’m on JG” Saturday, Jun 2 2012

Economic growth should include the “bottom” 99.9%, not just the .1%, the only question being, how best to accomplish that. Modern Monetary Theory (MMT) favors giving everyone a job. Monetary Sovereignty (MS) favors giving everyone money. The five articles describe the pros and cons of each approach.
4. FREE EDUCATION (INCLUDING POST-GRAD) FOR EVERYONEFive reasons why we should eliminate school loans
Monetarily non-sovereign State and local governments, despite their limited finances, support grades K-12. That level of education may have been sufficient for a largely agrarian economy, but not for our currently more technical economy that demands greater numbers of highly educated workers.
Because state and local funding is so limited, grades K-12 receive short shrift, especially those schools whose populations come from the lowest economic groups. And college is too costly for most families.
An educated populace benefits a nation, and benefiting the nation is the purpose of the federal government, which has the unlimited ability to pay for K-16 and beyond.
5. SALARY FOR ATTENDING SCHOOL
Even were schooling to be completely free, many young people cannot attend, because they and their families cannot afford to support non-workers. In a foundering boat, everyone needs to bail, and no one can take time off for study.
If a young person’s “job” is to learn and be productive, he/she should be paid to do that job, especially since that job is one of America’s most important.
6. ELIMINATE CORPORATE TAXES
Corporations themselves exist only as legalities. They don’t pay taxes or pay for anything else. They are dollar-tranferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the government (the later having no use for those dollars).
Any tax on corporations reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all corporate taxes come around and reappear as deductions from your personal income.
7. INCREASE THE STANDARD INCOME TAX DEDUCTION, ANNUALLY. (Refer to this.)
Federal taxes punish taxpayers and harm the economy. The federal government has no need for those punishing and harmful tax dollars. There are several ways to reduce taxes, and we should evaluate and choose the most progressive approaches.
Cutting FICA and corporate taxes would be an good early step, as both dramatically affect the 99%. Annual increases in the standard income tax deduction, and a reverse income tax also would provide benefits from the bottom up. Both would narrow the Gap.
8. TAX THE VERY RICH (THE “.1%) MORE, WITH HIGHER PROGRESSIVE TAX RATES ON ALL FORMS OF INCOME. (TROPHIC CASCADE)
There was a time when I argued against increasing anyone’s federal taxes. After all, the federal government has no need for tax dollars, and all taxes reduce Gross Domestic Product, thereby negatively affecting the entire economy, including the 99.9%.
But I have come to realize that narrowing the Gap requires trimming the top. It simply would not be possible to provide the 99.9% with enough benefits to narrow the Gap in any meaningful way. Bill Gates reportedly owns $70 billion. To get to that level, he must have been earning $10 billion a year. Pick any acceptable Gap (1000 to 1?), and the lowest paid American would have to receive $10 million a year. Unreasonable.
9. FEDERAL OWNERSHIP OF ALL BANKS (Click The end of private banking and How should America decide “who-gets-money”?)
Banks have created all the dollars that exist. Even dollars created at the direction of the federal government, actually come into being when banks increase the numbers in checking accounts. This gives the banks enormous financial power, and as we all know, power corrupts — especially when multiplied by a profit motive.
Although the federal government also is powerful and corrupted, it does not suffer from a profit motive, the world’s most corrupting influence.
10. INCREASE FEDERAL SPENDING ON THE MYRIAD INITIATIVES THAT BENEFIT AMERICA’S 99.9% (Federal agencies)Browse the agencies. See how many agencies benefit the lower- and middle-income/wealth/ power groups, by adding dollars to the economy and/or by actions more beneficial to the 99.9% than to the .1%.
Save this reference as your primer to current economics. Sadly, much of the material is not being taught in American schools, which is all the more reason for you to use it.

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

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

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..

•No nation can tax itself into prosperity, nor grow without money growth.
•Cutting federal deficits to grow the economy is like applying leeches to cure anemia.
•A growing economy requires a growing supply of money (GDP = Federal Spending + Non-federal Spending + Net Exports)
•Deficit spending grows the supply of money
•The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
•The limit to non-federal deficit spending is the ability to borrow.

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

We shall see. The shames of America

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

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..

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

The people who most aggressively claim to be “patriots,” continue to be the least patriotic people America must suffer.

These are the phony “patriots” who wish to deport 11 million men, women and children, many of whom have been good, law-abiding Americans for decades, just because an unnecessarily slow, complex, Byzantine system has not provided documentation.

These are the lying “patriots” who classify most Mexican immigrants as criminals and rapists.

These are the venal “patriots” who classify most black college students as too stupid to attend good schools. (Justice Scalia Suggests Blacks Belong at “Slower” Colleges

These are the amoral “patriots” who vote to reduce unemployment compensation, Social Security, Medicare, Medicaid, food stamps and other benefits for the middle classes and the poor, because they claim the poorer classes are so lazy they won’t work if given money (but, of course, the rich will work if given money.)

These are the moronic “patriots” who repeatedly vote against their own best interests, only because they believe those poorer will be hurt more.

And, to paraphrase Ronald Reagan, “Here they go, again.”

Bloomberg Politics Poll: Nearly Two-Thirds of Likely GOP Primary Voters Back Trump’s Muslim Ban

Almost two-thirds of likely 2016 Republican primary voters favor Donald Trump’s call to temporarily ban Muslims from entering the U.S., while more than a third say it makes them more likely to vote for him.

“We believe these numbers are made up of some people who are truly expressing religious bigotry and others who are fearful about terrorism and are willing to do anything they think might make us safer,” Doug Usher, who runs polling for Washington-based Purple Strategies, said in his analysis of the findings.

“This indicates that, despite some conventional wisdom expressed in the last 48 hours, this is unlikely to hurt Trump at least in the primary campaign.”

The title of this post is “We shall see. The Shames of America.” It refers to at least two shames:.

Shame 1. There are so many bigots in America, who would ban individuals, not because they ever have done anything wrong, but rather because of the way they worship or the color of their skin.

This is ironic, because freedom of religion is one reason the original settlers fled to America, and also is one of the Constitutional rights the conservates repeatedly claim for themselves.

It also is ironic because more than 600,000 real patriots died, and hundreds of thousands more were wounded in the American battle to eliminate racial bigotry

And it is ironic, because one-third of the soldiers who fought for the Union Army were immigrants, and nearly one in 10 was African American.

Shame 2. There are so many stupid people in America, who repeatedly vote to cut benefits for themselves, because they believe the lies the rich tell them about the middle classes and the poor.

Today’s Republican party, formerly the party of Abraham Lincoln, directs its appeals to the lowest common denominator of American morals and intelligence.

So, in a year we shall see whether the U.S. Supreme Court will be filled with Scalias, Thomases and Alitos, who will claim money is speech and who will vote for more laws allowing unlimited spending to buy elections and greater restrictions on minority voting.

We shall see whether taxes on the 1% are cut while taxes on the 99% are increased via “flat” taxes, sales taxes and FICA increases.

We shall see whether Social Security benefits, Medicare benefits, Medicaid benefits, food stamps and other poverty aids are cut.

We shall see whether every angry, bigoted incompetent is allowed to carry fully automatic guns, with huge magazines, everywhere.

We shall see whether there is an increase in the number of mosques, synagogues, temples and churches burned, shot up, trashed or otherwise violated by mental bantams who were agitated by despicable politicians.

We shall see whether a raped young girl is raped again by cruel, self-appointed judges who deny her an abortion to save her life.

We shall see whether America contains more stupid, immoral, self-destructive voters than those who are intelligent and compassionate.

We shall see if the America is the moral leader of the world, or just another shameful, selfish, uncaring nation that began with good intentions, but fell into disrepute and historical infamy.

Yes, we shall see.

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 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

Recessions come only after the blue line drops below zero.

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.

#MONETARYSOVEREIGNTY

The real rea$on gun$ are not well controlled

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

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.r.
•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..

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

There were 12,282 gun deaths this year according to Gun Violence Archive.

And according to Mass Shooting Tracker there have been at least 353 mass shootings in America so far this year, with still almost a month to go. (A mass shooting is defined as “four or more people shot in an event, or related series of events, likely without a cooling off period.”.)

You don’t hear much about mass knifings, mass baseball battings, mass stranglings, mass throwing-off-of-cliffings, etc. for the simple reason that guns are uniquely designed to commit mass violence. They are the tool of choice when one wishes to commit large-scale mayhem.

There are more guns in America than people. And control over gun sales is minimal. Anyone can go to a gun show and buy the most lethal weapons there, and no one will ask questions.

You can tattoo the words, “I’m a mass murderer” on your forehead, and still buy guns from your next-door neighbor or from a stranger in the street, — and no test, no registration required. It’s all legal.

You need a license and skill-testing to drive a car, and an official title to buy one. Not so with guns.

And you need not belong to a “well-regulated” militia or a well-regulated anything.

Why?

Because in its most recent interpretation of the 2nd Amendment to the Constitution, the right wing of the Supreme Court decided that of all the phrases in the U.S. Constitution, the following uniquely has no meaning whatsoever: “A well-regulated militia being necessary to the security of a free state. . . “

They are “throw-away” words, to be ignored — the only meaningless phrase in the Constitution.

Little did the Amendment’s authors know.

Normally courts, and especially the Supreme Court, parse every sentence, every phrase, every word in the law when making a judgment. Guns are unique in the right wing world.

It was not always thus. In its earlier manifestations, the words “well-regulated militia” were taken quite seriously.

Conflict and compromise in Congress produce the Bill of Rights

James Madison’s initial proposal for a bill of rights was brought to the floor of the House of Representatives on June 8, 1789, during the first session of Congress. The initial proposed passage relating to arms was:

The right of the people to keep and bear arms shall not be infringed; a well armed and well-regulated militia being the best security of a free country but no person religiously scrupulous of bearing arms shall be compelled to render military service in person.

On July 21, Madison again raised the issue of his bill and proposed a select committee be created to report on it. The House voted in favor of Madison’s motion, and the Bill of Rights entered committee for review. The committee returned to the House a reworded version of the Second Amendment on July 28.

On August 17, that version was read into the Journal:

A well regulated militia, composed of the body of the people, being the best security of a free State, the right of the people to keep and bear arms shall not be infringed; but no person religiously scrupulous shall be compelled to bear arms.

In late August 1789, the House debated and modified the Second Amendment. These debates revolved primarily around risk of “mal-administration of the government” using the “religiously scrupulous” clause to destroy the militia as Great Britain had attempted to destroy the militia at the commencement of the American Revolution.

These concerns were addressed by modifying the final clause, and on August 24, the House sent the following version to the Senate:

A well regulated militia, composed of the body of the people, being the best security of a free state, the right of the people to keep and bear arms shall not be infringed; but no one religiously scrupulous of bearing arms shall be compelled to render military service in person.

The next day, August 25, the Senate received the amendment from the House and entered it into the Senate Journal.

However, the Senate scribe added a comma before “shall not be infringed” and changed the semicolon separating that phrase from the religious exemption portion to a comma:

A well regulated militia, composed of the body of the people, being the best security of a free state, the right of the people to keep and bear arms, shall not be infringed, but no one religiously scrupulous of bearing arms shall be compelled to render military service in person.

By this time, the proposed right to keep and bear arms was in a separate amendment, instead of being in a single amendment together with other proposed rights such as the due process right. As a Representative explained, this change allowed each amendment to “be passed upon distinctly by the States.”

On September 4, the Senate voted to change the language of the Second Amendment by removing the definition of militia, and striking the conscientious objector clause:

A well regulated militia, being the best security of a free state, the right of the people to keep and bear arms, shall not be infringed.

The Senate returned to this amendment for a final time on September 9. A proposal to insert the words “for the common defence” next to the words “bear arms” was defeated. An extraneous comma added on August 25 was also removed.

The Senate then slightly modified the language and voted to return the Bill of Rights to the House. The final version passed by the Senate was:

A well regulated militia being the security of a free state, the right of the people to keep and bear arms shall not be infringed.

The House voted on September 21, 1789 to accept the changes made by the Senate, but the amendment as finally entered into the House journal contained the additional words “necessary to”:

A well regulated militia being necessary to the security of a free State, the right of the People to keep and bear arms shall not be infringed.

On December 15, 1791, the Bill of Rights (the first ten amendments to the Constitution) was adopted, having been ratified by three-fourths of the states.

In United States v. Miller (1939), the Supreme Court ruled that the federal government and the states could limit any weapon types not having a “reasonable relationship to the preservation or efficiency of a well-regulated militia”.

It is clear that the drafters of the 2nd Amendment wanted the existence of a “well-regulated militia” to be the basis for the public keeping and bearing arms.

After all, what fool would want everyone to carry highly lethal weapons with no supervision, no education and no licensing, whatsoever. The authors of the Constitution were smarter than that.

However:

In District of Columbia v. Heller (2008), and McDonald v. Chicago (2010). In Heller, the Supreme Court resolved any remaining circuit splits by ruling that the Second Amendment protects an individual right.

Justice Scalia, writing for the Court in Heller:  The right of the whole people, old and young, men, women and boys, and not militia only, to keep and bear arms of every description, not such merely as are used by the militia, shall not be infringed, curtailed, or broken in upon, in the smallest degree; and all this for the important end to be attained: the rearing up and qualifying a well-regulated militia, so vitally necessary to the security of a free State.

If you believe this was an example of turning and twisting words to come to an illogical conclusion, I agree with you.

Why then, after 200+ years of judicial thought in one direction, did the right wing of the Supreme Court do an about-face, and change the meaning of the 2nd Amendment?

It has to do with the right wing’s traditional appeasement of business.

Gun industry execs admit business booms following mass shootings, as sales ‘just went crazy’ after Sandy Hook massacre

The dirty little secret behind mass shootings across the country is that the gun industry is cashing in on them.

And the executives admit it.

“The gun business was very much accelerated based on what happened after the (2012) election and then the tragedy that happened at Sandy Hook,” Ed Stack, the chief executive of Dick’s Sporting Goods, said in September 2014.

“You can see after a tragedy, there’s also a lot of buying,” Jeff Buchanan, the chief financial officer of Smith & Wesson, said two years ago.

The seemingly callous comments were made not to the public, but behind closed doors at various industry events, according to The Intercept website.

The key element is money:

James Debney, Smith & Wesson’s chief executive, told investors in 2013 that “the tragedy in Newtown and the legislative landscape” resulted in sales that were “significantly up.”

“Fear and uncertainty that there might be increased gun control drove many new people to buy firearms for the first time.”

 

Fear and uncertainty. Fear and uncertainty. Those are the keys to gun sales.

The armament manufacturers and their paid stooges at the NRA absolutely love a mass murder. It’s money in their pockets.  It’s the next best thing to an all-out war.

And what has been the mantra of the Republican party? Fear and uncertainty. Fear of immigrants: Central, South American and Mexican. Fear of Syrian immigrants. Fear of Muslims. Fear of ISIS. Fear of gays. Fear of blacks. Fear of Jews. Fear of Catholics. Fear of gangs. Fear of the government.

Fear of THEM!

Republican fear mongering, on behalf of weapons manufacturers, has terrorized those who feel threatened by various elements in their lives. So terrorized are Americans, that whenever someone speaks of any type of sensible gun control, the reaction is rage and hatred.

Cleverly, the weapons makers, in cahoots with the Republican party (the notorious “military / industrial complex”), have created a highly profitable arms race, not only internationally, but right here in America.

Guns kill. The more guns, the more killing. So because more people have guns, you need guns to protect yourself. And when you buy guns, other people need to buy guns to protect themselves against you.

And then you need to buy even more guns, to protect yourself against them. It’s a self-replicating, tit-for-tat, endless system.

Fear and uncertainty — and money. That has replaced the “well-regulated militia” in our Constitution.

Wars are profitable, even domestic wars. And by pitting Americans against Americans and immigrants, the right has created a very profitable war, indeed.

Money is why guns are not more controlled.

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 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
Monetary Sovereignty

Vertical gray bars mark recessions. Recessions come after the blue line drops below zero and when deficit growth declines.

As the federal deficit growth lines drop, we approach recessions, each of which has been cured only when the growth lines rose.

Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY

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 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
Monetary Sovereignty

Vertical gray bars mark recessions. Recessions come after the blue line drops below zero and when deficit growth declines.

As the federal deficit growth lines drop, we approach recessions, each of which has been cured only when the growth lines rose.

Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY