–Are you religious? Here is a test:

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 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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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

Are you religious? What are your criteria?

The heart and soul of most religions, and surely the Judeo-Christian religions, is compassion. It is the Golden Rule.

Are you religious?

Being religious is not measured by your rote knowledge of bible passages. Being religious is measured by your empathy for your fellow human beings.

Are you religious?

Being religious is not belief in, or fear of, an all-powerful spirit. Being religious is your concern for the human spirit.

Are you religious?

Someone asked Donald Trump, who claimed to be religious, to recite a bible passage. He couldn’t. Does that reveal he isn’t religious? No, it doesn’t.

Trump threatens to rip 11 million men, women and children from their homes, even children who legally are U.S. citizens, and ship them to Mexico.

It’s his utter lack of compassion, empathy and concern that reveals Trump isn’t religious.

Contrast this with the Pope’s remarks:

He urged Americans to embrace immigrants from Central and South America, saying they are only doing what anyone else would in their situation. He said their plight should invoke the Golden Rule and implored compassion from the U.S.

“This rule points us in a clear direction: Let us treat others with the same passion and compassion with which we want to be treated. Let us seek for others the same possibilities which we seek for ourselves.

“In a word, if we want security, let us give security. If we want life, let us give life. If we want opportunities, let us provide opportunities.

“The yardstick we use for others will be the yardstick which time will use for us,” the pontiff said, drawing a standing ovation from the assembled House and Senate.

Those were religious thoughts.

How ironic that those religious thoughts would receive a standing ovation from the House and Senate, the majorities of which do not believe in those thoughts at all. Quite the opposite.

Kentucky clerk Kim Davis sparked a national furor by refusing to issue marriage licenses to same-sex couples. (This) propelled her to folk hero status among some on the religious right.

Former Arkansas Gov. Mike Huckabee, a Baptist preacher running for president, rushed to Davis’ side, visited her in jail and held a religious freedom rally on the jailhouse lawn. Texas Sen. Ted Cruz also traveled to Kentucky to bask in her defiance.

Davis revealed that she decided last week to switch her allegiances to the Republican ticket.

Davis, who made the rounds this week on television news programs to defend her actions and tout her religious conviction, was invited to the event hosted by the Family Research Council, a conservative lobbying group, along with other “Christians who have been targeted for their religious beliefs on natural marriage.”

Is Kim Davis religious? Are preacher Mike Huckabee and Ted Cruz religious?

And Rick Santorum, who defends Kim Davis and is slated to speak at the “Marriage God’s Way” prayer rally at the Statehouse in Columbia — is he religious?

In my opinion, they are the least religious of people. They are hypocrites. Perhaps they have memorized bible passages. Perhaps they attend church weekly, daily or even hourly.

They have cloaked their lives in the mantle of religion. But they know nothing of religion. They know nothing of compassion. They have no empathy. They care nothing for the Golden Rule. They are heartless.

They are amoral judges of morality.

They are religionists, parroting selected lines from the bible, with no understanding of what the bible means. They claim to be Christians, but have no understanding of Christ.

This mayor wants to publicize who’s on welfare and where they live

If you receive government assistance in the state of Maine, (Republican) Lewiston Mayor Robert Macdonald thinks the public has a right to know about it.

In a Thursday column for the Twin City Times, Macdonald said a bill will be submitted during Maine’s next legislative session “asking that a Web site be created containing the names, addresses, length of time on assistance and the benefits being collected by every individual on the dole.”

He added: “After all, the public has a right to know how its money is being spent.”

Is Mayor Macdonald a religious man? If you paid taxes in Lewiston, would you want to know the name and address of every poor person who is “on the dole,” so you could stone their houses, and bully their children, and humiliate them all?

Mayor Macdonald believes the poor deserve such humiliation. In Macdonald’s mind, the poor are lazy slackers, who’d rather receive the pittance offered by the government, than to work for real money.

Macdonald does not care that some of the poor are sick and unable to work, while others, the working poor, have such low-paying jobs they still can’t afford to make ends meet without help.

Macdonald seems to believe poor children would rather eat junk food and live where the rich landlord won’t fix the toilets, than to lead better lives. He seems to believe poverty is the fault of the poor, and that the poor are not humans.

Macdonald delights in punishing the less fortunate. Is he a religious man? Do you agree with Macdonald?

Compassion for the poor, the hungry, the less fortunate, the stranger in your land is a necessary part of being religious.

Yet the self-proclaimed religious favor cutting Social Security for the elderly, cutting Medicare for the sick, cutting unemployment compensation for the poor, cutting food stamps for the hungry, evicting immigrants who came to us for rescue.

Even more damning, providing these benefits to the less fortunate costs us nothing. Our government is Monetarily Sovereign, producing money freely.

So now that you have read the test, you can decide. Are you a religious person, or are you a hypocritical religionist, cheering the Pope, but not meaning it, like Huckabee, Santorum, Trump and most of the U.S. Congress?

Your call.

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 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

–Congress, the media, the economists: The same Big Lie since 1940. What the hell is the problem?

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 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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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

Sen. Rand Paul, Kentucky Republican and 2016 presidential contender, said he could not support any bill that “continues to add to our nation’s mountain of debt. (By Tom Howell Jr. – The Washington Times – Thursday, September 24, 2015)

Congress, the media and the economists have been telling you the same Big Lie since — well, forever. What the hell is the problem?

The Big Lie, simply stated is this: “The federal debt should be reduced. Whether its federal debt or personal debt, being in debt is bad.”

But why is federal debt bad?

Will the federal government default? Will the federal debt cause inflation? Will our children have to pay the federal debt?

No, no and no.

So, what exactly is the problem with the federal debt?

Government debt threatens to send U.S. economy into death spiral, CBO warns

Rising federal debt threatens to choke economic growth within a decade, beginning a death spiral that will sap revenue from government programs even as demands grow, forcing the government to borrow even more, Congress‘ budget watchdog said in a frightening report Tuesday.

Budget cuts or tax increases now would help avert that scary scenario, leaving the economy far stronger than it otherwise would be, the Congressional Budget Office said.

The next few years will show solid improvement in the budget as the effects of the stimulus wear off.

So let’s get this straight: Tax increases make the economy stronger by . . . by what? By removing dollars from the economy?

Are we supposed to believe that reducing the money supply increases GDP??

And that federal spending, which adds dollars to the economy, should be decreased?

What branch of economics claims that adding dollars to an economy, particularly at a time of extremely low inflation, depresses the economy?

And finally, do we need the effects of the stimulus, which by definition stimulated the economy — do we need those stimulative effects to wear off?

Earth to CBO, Earth to CBO. Come in please.

And then we come to the infamous “debt ceiling,” the law that says, “Beyond an arbitrary limit, the U.S. government should not pay for what it already has bought.”

Right. Congress and the President first decide how much to spend and tax, and then the debt ceiling determines which debts they will pay, after all the spending and taxing.

Intelligent?

If that makes sense to you, feel free to join the CBO, drifting somewhere on a distant planet.

Returning to earth, here are the simple facts:

monetary sovereignty

In 1939, the federal debt was $48 billion.
In 1972, the year the U.S. government became Monetarily Sovereign, the federal debt was $436 billion — a 9-fold increase in 33 years.
Last year, the federal debt was $18 trillion — a 41-fold increase in 43 years.

Yet here we are: Despite the CBO’s ludicrous claim about a “death spiral,” the federal government still has no difficulty paying its debts (phony “debt ceiling” notwithstanding).

And despite debt-nuts’ incessant warnings about hyper-inflation, our inflation rate is as low as it ever has been — so low as to concern the Fed.

And with today’s federal tax rates at relatively low levels, nobody’s children are paying for past federal debts.

So again, what the hell is the problem? Why do we see headlines like these?

–The Treasury Department estimated (when) the government would hit its $18.1 trillion borrowing limit

–Highway trust fund runs out next summer

–Social Security disability payments will run out of money in 2016

–Medicare: Running out of time and money; The crisis is coming—with no easy fix in sight

–The United States Postal Service is in deep financial trouble

And why does the Big Lie continue to be told and believed, year after year:

FEDERAL DEBT, A TICKING TIME BOMB Sept 26, 1940, New York Times: Deficit Financing is Hit by Hanes: ” . . . unless an end is put to deficit financing,to profligate spending and to indifference as to the nature and extent of governmental borrowing, the nation will surely take the road to dictatorship

Our politicians, media and economists long have known that the public is economically ignorant, and will believe the same lies, even when the lies become laughably obvious.

The same warnings, since 1940 and earlier, about federal debt — yet the debt grows, and none of the warnings come true, the “time bomb” keeps ticking, and still the public believes.

Just like in the Peanuts comic strip, where Lucy repeatedly pulls the football away before Charlie Brown can kick it — and Charlie never catches on — the American public never catches on to the fact that the Monetarily Sovereign federal government cannot run short of its own sovereign dollars.

What is the purpose of the Big Lie? Very simple: Federal deficit spending benefits the poor and middle classes far more than the rich.

The rich run the government (via campaign contributions and promises of lucrative employment later), the media (via ownership) and the university economists (via university contributions).

The rich want the Gap between the rich and the rest to be widened, for without the Gap, no one would be rich, and the wider the Gap, the richer they are.

So now, as we enter the silly season of the federal debt ceiling debates, remember this: The federal debt ceiling is a Big Lie, and what the politicians, the media and the university economists tell you will be bullsh*t.

But our Charlie Brown public keeps getting fooled.

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

Recessions come 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 worst possible news for Donald Trump, Ted Cruz and the rest of the Republican Party

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 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.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..

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

Donald Trump, Ted Cruz and other Republicans want to build a gigantic wall — the world’s 2nd longest wall — between Mexico and the U.S.

No, wait. Donald doesn’t want to build the wall. He’s not an engineer or an architect, and being born rich, he probably has not lifted a brick in his life, nor does he intend to.

Hard work is not for the wealthy. Only poor “takers” work hard.

Donald, Ted et al, want the U.S. to force Mexico to build the wall.

No, wait. Donald, Ted et al don’t want Mexico to build the wall. That would require thousands of Mexicans to come onto American soil.

Donald, Ted et al want to force Mexico to pay many thousands of American workers to build the wall.

But, there is a small problem:

Changes in US immigration are creating a construction cost nightmare

With so much discussion today about the lack of construction labor, despite low levels of construction, and rising construction costs, I want to share some research from our Chief Demographer Chris Porter who projects household formations for us.

Chris notes that there has been a 67% decline in immigration from Mexico, and there are 570,000 fewer Mexico-born construction workers than in 2007.

Oh, darn it. Just when the right-wing has a nice bit of fake xenophobic outrage going, someone discovers that those evil Mexican rapists and murderers are not really swarming across our Rio Grande River.

Inconvenient.

We believe many of those 570,000 workers have likely returned to Mexico and will not return to the US construction industry because of:

–Significantly higher border patrol investments
–Acceleration in court-ordered deportations over the last 7 years
–Implementation of E-Verify technology by employers
Arizona’s SB 1070 bill passing in 2010
–Economic opportunity in Mexico

monetary sovereignty

What!? Does this mean that our hard-fought effort to exclude Mexican rapists and murderers, has left us short of carpenters, framers, masons, painters, electricians, plumbers and roofers?

SO WHO IS GOING TO BUILD OUR WALL?

And who is going to build our houses, offices, bridges, roads, dams and Donald’s 92 story skyscrapers, not to mention pick our vegetables, mow our lawns, watch our children, clean our homes and do all the other chores we don’t want to do ourselves?

Perhaps a help-wanted ad: “Desperately need thousands of workers to build the world’s 2nd longest wall. No browns, blacks, yellows, reds, Muslims and other non-Christians, non-citizens, legal citizens born here to non-citizens, non-English speakers, gays, union members or women need apply.”

Will Donald, Ted et al have to pick up bricks after all?

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

Recessions come 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

–Are you a REAL Republican?

There are Republicans and then there are REAL Republicans, those people known as “the base.”

Whoever you think you are, REAL Republicans — the base — determine who will be the candidate for President. If you’re not a REAL Republican, you might as well forget FOX News, candidate debates, and Trump, until a REAL candidate is chosen by the base.

Meanwhile, read the sports pages or log on to Ashley Madison or just chill out. Your opinions count for nothing.

Oh, you don’t know what a REAL Republican is? You’d like to be included in the base? O.K., to be included in the base you have to believe like the base.

Here is what you need to be:

  1. Anti-abortion, even in cases of rape or physical/mental danger to the mother. Embryos are more important than pregnant women.
  2. Anti Planned Parenthood. Deny that the videotapes were faked and that Planned Parenthood focuses on female health.
  3. Anti-gay. No gay marriage; no gays in the military; no gay Boy or Girl Scouts; no gay teachers; no gays anywhere near children; no gay adoptions; because they will make their children gay. Force gays to convert to being straight.
  4. Anti-immigrant. Deport them all, even those whose children are citizens. No amnesty or legal path to citizenship. Brown immigrants are criminals and rapists. Make it more difficult to come to America. Build a wall and force Mexico to pay for it.
  5. Anti-union. They want to be paid for not working. Bosses work hard. Union members don’t work hard.
  6. Anti-Muslim. They all are terrorists. Don’t let any Muslims come to America
  7. Anti-Latino. They are lazy. They come here only to get benefits for not working.
  8. Anti-poor. The poor deserve their poverty. They are lazy.(Anti-welfare, anti-unemployment compensation, anti-food stamps, anti-ACA.) The rich are not lazy.
  9. Anti-aid to the poor. Benefits just make them lazier.
  10. Anti-aged. Cut Social Security benefits, or privatize SS so that Wall Street can make more money.
  11. Anti-universal health care. The insurance companies don’t like it. We can’t afford it. Rich people don’t need it. People should pay for their own health care, especially if they can’t afford it.
  12. Anti-medical marijuana. Deny it helps prevent pain and nausea. Claim that unlike alcohol, marijuana muddles the mind and is a “gateway” to stronger drugs.
  13. Anti-prison instead of the death penalty. The only way to ensure public safety is to kill more criminals. Deny that innocent people have been killed. Increase enforcement of the “War on Drugs,” because it has worked so well.
  14. Anti-tax increases on the rich. They are the “makers” who look after us and have our best interests at heart. Deny that tax increases that affect the poor disproportionately (like a flat tax or national sales tax) are harmful to the poor and to the economy. Favor programs that widen the Gap between the rich and the rest, like privatizing federal offices.
  15. Anti-federal deficit spending. Deny federal deficit spending creates the dollars that grow the economy. Claim the federal government will run short of dollars and deficits will turn us into Zimbabwe. Deny that deficit spending prevents and cures recessions and depressions.
  16. Anti-medical malpractice suits. These mostly are fake and benefit only the middle and lower classes. Doctors and hospitals don’t make horrendous mistakes.
  17. Anti-gun control. Deny background checks could save lives. Believe what the NRA tells you: More guns = a safer America. Gun crimes prove more guns are needed. Support no limits on number or types of guns available to everyone.
  18. Anti-separation of church and state. America is a Christian country. We need Christian prayer in school and in courtrooms. Anti-Jews in America (but Jews in Israel are O.K.) Keep all Muslims out, and closely monitor Muslims who are here.
  19. Anti-evolution. It’s just a theory. The Christian bible is Truth. Other religions’ books are not the Truth. Post the Christian 10 Commandments in all government offices
  20. Anti-climate change. The scientists are lying; the right-wing politicians are telling the truth. CO2 is not an important greenhouse gas and humans aren’t creating it.
  21. Anti-auto and factory emissions controls. Too expensive. Deny pollution is man-made or that pollution is harmful to our children.
  22. Pro oil drilling; anti-environment. The Koch brothers have it right.
  23. Anti-limits to political contributions. Money is free speech. The rich deserve more speech than do the rest of us. Bribery of politicians is good.
  24. Anti-flag burning. Deny flag-burning is free speech.
  25. Anti minority voters. Deny vote fraud seldom exists, and deny voter ID laws are meant to limit participation by poor blacks. Deny gerrymandering is a form of vote fraud. “Those” people shouldn’t vote, anyway.
  26. Anti-research on embryos. Deny this can save millions of human lives. Killing microscopic embryos is murder. Even condoms murder sperm. Sperm are more important than people.
  27. Anti-nuclear agreement with Iran. Better to bomb them and send in our soldiers, as we successfully did with Iraq and Vietnam. Carpet bomb enemies; don’t worry about innocent civilian deaths.
  28. Anti-negotiation with foreign enemies. War is a better problem-solver. Negotiation is for wimps. Tell Putin, “Or else.”
  29. Anti-everything Obama. He’s not an American citizen; he’s a Muslim who wants to destroy America.
  30. Anti “big government.” Claim the federal government and its agencies are insolvent, so all social spending should be cut. But, increase spending for monitoring Muslims, building a wall on our border, deporting immigrants, building prisons and growing the military
  31. Anti-liberal. The bleeding-heart liberals and libtards gave us Social Security, Medicare, Medicaid, the Civil Rights Act, the Elementary and Secondary Education Act, the Voting Rights Act, the Food Stamp Act and other benefits to the poor and middle classes, all of which should be cut.

If you subscribe to all of the above, you are a REAL Republican and are part of the REAL Republican base.

But, if you don’t agree, you are a RINO, and no right-wing politician will have the courage to care what you think.

You decide.

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 CHILDE 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