What is the motive to ruin America?

Image result for the truth will set you free
It takes only two things to keep people in chains:
The ignorance of the oppressed and the treachery of their leaders.

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People’s actions are based on motive. Sometimes the motive seems clear and rational. Sometimes the motive is hard to spot, and may even appear to be counter-productive.

Image result for avoiding poor people
Avoid. No eye contact.

 

But consciously or subconsciously, logical or illogical, productive or not, there always is a motive.

Further, motives are interrelated. The motives in America affect the motives elsewhere, and your motives affect my motives, and everything connects.

Here is a story about how and why some motives connect to seemingly unrelated issues, for instance how “Gap Psychology” connects to the debt ceiling, directly and also in a round-about way.

We’ve spoken of Gap Psychology before, at:

Why you believe the Gap Psychology Con Job, and Why Are You So Suprisedand Why Reducing Crime Does Not Require Fighting Crime, and Gap Psychology and the Big Lie.

Briefly, Gap Psychology describes the near universal desire to distance oneself from those below us on the income/wealth/power totem pole, and to come closer to those above us.

Imagine you are elected CEO of a company. You wish to fill several positions, among which are: Chief Financial Officer, Sales Manager, and Production Manager.

In your interviews of candidates, which qualifications do you consider most important? For example, Chief Financial Officer: Will you look for someone with a strong accounting background, or will you hire a close pal, who thinks accounting is a waste of time?

For Sales Manager, will you prefer a seasoned salesperson, or will you hire your brother’s wife, who thinks selling is an immoral intrusion on people’s prerogatives?

For Factory Manager, would you prefer someone who has a strong record of installing labor-saving, money-saving production systems, or will you employ your neighbor who hates machines because he thinks they take jobs from working people, so he prefers to eliminate all machinery from your factories?

The answers to these questions all are based on an implied motive, that your most important goal is to make the company succeed.

But what if that is not your real motive? What if your motive is something completely different? What if your primary motive is to be loved, admired, even envied and considered a “big shot” by your family and friends?

In that case, you might hire your family and friends, even when seemingly more qualified people are available. It happens often in business. And when it happens, the results usually are not optimal, because unqualified employees adversely affect the company’s results and the morale of its employees.

And in that case, not only have you failed in your leadership, but in short order, you no longer will receive the love and admiration you coveted.

I ask the questions because of an article I just read on the NPR website:

Trump’s Nominee To Be U.S. Department of Agriculture’s Chief Scientist Is Not A Scientist.
September 4, 2017

President Trump’s nomination of his former Iowa campaign manager, Sam Clovis, for the post is raising concern in the scientific community and beyond about the politicization of science policy in the Trump administration.

Among the concerns: Clovis isn’t a scientist. He holds a doctorate, but it’s in public administration and not a scientific discipline.

“Frankly, I’m appalled,” says Brenda Brink, a member of the Iowa Farmers Union, “because he’s not made any bones about being a scientist and yet he’s been appointed to this position where he’s elevated to the level of a scientist.”

That is not all that is controversial about Clovis. As reported by CNN, he used to run a blog on which he wrote racially charged posts, once related being gay with pedophilia and questioned whether President Barack Obama was born in the United States.

What does the Office of the Chief Scientist (OCS) do? Here is what its website says:

The Office of the Chief Scientist (OCS) was established in accordance with the Food, Conservation, and Energy Act of 2008 to provide strategic coordination of the science that informs the Department’s and the Federal government’s decisions, policies and regulations that impact all aspects of U.S. food and agriculture and related landscapes and communities.

OCS advises USDA’s Chief Scientist and the Secretary of Agriculture in the following areas of science:

  • Agricultural Systems and Technology
  • Animal Health and Production, and Animal Products
  • Plant Health and Production, and Plant Products
  • Renewable Energy, Natural Resources, and Environment
  • Food Safety, Nutrition, and Health
  • Agricultural Economics and Rural Communities

If you were hiring someone to be the Chief Scientist, some of the things you might expect to find on a résumé are knowledge and experience in: Science, systems, technology, health, production, energy, environment, food safety, and/or economics.

Employing your former campaign manager, a racial bigot and non-scientist, may not be the best choice to head the USDA’s Office of Chief Scientist if your goal is to “make America great, again,”

But it might be perfect if your motive is to satisfy your ego by undoing everything your predecessor has done, i.e. by widening the Gap between you and the former President.

Or, consider Scott Pruitt, Trump’s administrator of the Environmental Protection Agency. One would think the mission of the EPA is to . . . well, to protect the environment. It is what the agency says on its own website:

The mission of EPA is to protect human health and the environment.
EPA’s purpose is to ensure that:

  • all Americans are protected from significant risks to human health and the environment where they live, learn and work;
  • national efforts to reduce environmental risk are based on the best available scientific information;
  • federal laws protecting human health and the environment are enforced fairly and effectively;
  • environmental protection is an integral consideration in U.S. policies concerning natural resources, human health, economic growth, energy, transportation, agriculture, industry, and international trade, and these factors are similarly considered in establishing environmental policy;
  • all parts of society — communities, individuals, businesses, and state, local and tribal governments — have access to accurate information sufficient to effectively participate in managing human health and environmental risks;
  • environmental protection contributes to making our communities and ecosystems diverse, sustainable and economically productive; and
  • the United States plays a leadership role in working with other nations to protect the global environment.

Based on the above, you might believe the mission of the agency is to: “Protect human health and the environment, access to accurate information, and play a leadership role in protecting the global environment.”

But President Trump appointed a former Oklahoma attorney general who built his career suing the E.P.A., and whose LinkedIn profile still describes him as “a leading advocate against the EPA’s activist agenda,”

Mr. Pruitt has made it clear that he sees his mission to be dismantling the agency’s policies — and even portions of the institution itself.

But as he works to roll back regulations, close offices and eliminate staff at the agency charged with protecting the nation’s environment and public health, Mr. Pruitt is taking extraordinary measures to conceal his actions, according to interviews with more than 20 current and former agency employees.

Mr. Pruitt has taken aim at an agency whose policies have been developed and enforced by thousands of the E.P.A.’s career scientists and policy experts, many of whom work in the same building.

“There’s a feeling of paranoia in the agency — employees feel like there’s been a hostile takeover and the guy in charge is treating them like enemies,” said Christopher Sellers, an expert in environmental history at Stony Brook University.

His aides recently asked career employees to make major changes in a rule regulating water quality in the United States — without any records of the changes they were being ordered to make.

And the E.P.A. under Mr. Pruitt has moved to curb certain public information, shutting down data collection of emissions from oil and gas companies, and taking down more than 1,900 agency webpages on topics like climate change.

William D. Ruckelshaus, who served as E.P.A. director under two Republican presidents and once wrote a memo directing agency employees to operate “in a fishbowl,” said such secrecy is antithetical to the mission of the agency.

“Reforming the regulatory system would be a good thing if there were an honest, open process,” he said. “But it appears that what is happening now is taking a meat ax to the protections of public health and environment and then hiding it.”

Something will happen like (the water poisoning in) Flint Michigan, and the public can’t get any information about what happened or why,” he said.

Mr. Pruitt’s efforts to undo a major water protection rule are one example of his moves to quickly and stealthily dismantle regulations.

The rule, known as Waters of the United States, and enacted by the Obama administration, was designed to take existing federal protections on large water bodies such as the Chesapeake Bay and Mississippi River and expand them to include the wetlands and small tributaries that flow into those larger waters.

The original estimate concluded that the water protections would indeed come at an economic cost to those groups — between $236 million and $465 million annually.

But it also concluded, in an 87-page analysis, that the economic benefits of preventing water pollution would be greater: between $555 million and $572 million.

As Mr. Pruitt prepared a proposal to reverse the rule, E.P.A. employees were told by his deputies to produce a new analysis of the rule — one that stripped away the half-billion-dollar economic benefits associated with protecting wetlands.

On June 13, my economists were verbally told to produce a new study that changed the wetlands benefit,” said Elizabeth Southerland, who retired last month from a 30-year career at the E.P.A., most recently as a senior official in the agency’s water office.

Ms. Southerland and other experts in federal rule-making said such a sudden shift was highly unusual — particularly since studies that estimate the economic impact of regulations can take months or even years to produce, and are often accompanied by reams of paperwork documenting the process.

In short, when President Trump examined résumés, he chose the man who wished to destroy the protective agency he was supposed to lead.

Or, consider Tom Price, the Secretary of Health and Human Services, who has voted to repeal ACA (Obamacare) and has opted for massive cuts to Medicaid, while pretending otherwise.

Or consider Ben Carson, Trump’s Secretary of Housing and Urban Development (HUD). That agency’s stated mission is to:

“Create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination, and transform the way HUD does business.”

Yes, improve the quality of life, but apparently not too much. Got to keep them folks down.

Don’t Make Housing for the Poor Too Cozy, Carson Warns.
By Yamiche Alcindor, May 3, 2017

When Mr. Carson assumed the helm of the Department of Housing and Urban Development, he had no government experience, no political experience beyond a failed bid for the Republican presidential nomination and no burning desire to run a major federal bureaucracy.

But his views on poverty alleviation were tough-minded and well-known. As he toured facilities for the poor in Ohio last week, Mr. Carson nodded, plainly happy, as officials explained how they had stacked dozens of bunk beds inside a homeless shelter and purposefully did not provide televisions.

And then there is Rick Perry, the U.S. Secretary of Energy, who has no knowledge of the agency’s mission. (“The mission of the Energy Department is to ensure America’s security and prosperity by addressing its energy, environmental and nuclear challenges through transformative science and technology solutions).

He famously forgot he wanted to abolish the Department, and now has apologized for that.

Recently, in perfect obedience to an anti-science administration, Perry defended the administration’s desire to eliminate the Advanced Research Projects Agency-Energy, or ARPA-E, which supports research into new energy. technologies.

The list goes on and on. A Secretary of State having no political or foreign policy experience, a Secretary of Education who wishes to take funds from public education, a Secretary of the Interior who: “Wishes to rescind safety regulations on fracking, loosen safety rules on underwater drilling, allow coal mining on public lands, and opposes controlling emissions of methane, a powerful greenhouse gas, from oil and gas wells.”

Why does President Trump appoint so many people whose personal motivations are opposed to the public protection missions of the agencies they were appointed to lead.

Why does he not want to protect the populace who need government protection?

This is where motive meets reality.

Donald Trump is a rich man. His friends are rich. He empathizes with the rich. They all are glad to be rich, and those who didn’t simply inherit their riches worked hard to become rich. 

“Rich” is not an absolute, it is a comparative. If everyone had the same, no one would be rich. For you to be rich, someone else must be poorer. That means, there must be a “Gap,” or really, Gaps between various levels of income/wealth/power.

The people who worked to become rich actually worked to widen the Gap between them and those “below” them, and to narrow the Gaps above them. The wider the Gaps below, the richer they are.

Thus, for the 1% to become richer, as nearly all wish to do, it is necessary to widen the Gap below, and that is accomplished either by making more or by forcing the 99% to have less.

Gap Psychology is a powerful motivator. It is why some wear diamonds rather than moissanite (which is almost as hard as diamonds is more brilliant, and sparkles in more colors). It is why some buy mansions rather than mere houses or apartments.

It is why some give enough to charity so that their names will appear on hospital and school buildings, and it is why some charities publish lists of donors and the amount they gave.

It is why some go to high-end restaurants when their taste buds crave a Big Mac and why some attend the President’s ball at the White House, though they hate dances.

And it is why President Trump appoints people, who by their actions, will reduce the income/wealth/power of the 99%.

He already has favored plans to cut the healthcare of the less fortunate. He already has announced programs that negatively will affect poor immigrants, but have no effect on rich immigrants.

Soon he will present tax “reform” plans that will widen the Gap between the rich and the rest. When he excuses the Nazis, KKK, and white supremacists, he knows that bigotry causes more hardships among the poor than among the rich. Bigotry widens the Gap.

Trump wishes to deport the 800 thousand children known familiarly as “dreamers.” This will devastate many families. My guess: None of these families are rich.

The “debt ceiling” is an attempt to justify reductions in social benefits to the 99%, while also justifying increases in FICA as “necessary to ‘save’ Social Security.”

Virtually everything the right-wing, and to a lesser extent, the left does contains the ulterior motive of widening the Gap. If Trump merely ruins America for the 99%, he has made himself and his rich family and friends richer. That is his primary motive.

Whenever you are informed of any proposed government program, ask yourself one simple question: “Will this widen the Gap between the rich and the rest?”

There is no faster or better way to evaluate your government representation.

Then vote accordingly.

Rodger Malcolm Mitchell
Monetary Sovereignty

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The single most important problems in economics involve the excessive income/wealth/power Gaps between the have-mores and the have-less.

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of The Ten Steps To Prosperity can narrow the Gaps:

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 can afford better health care than can 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 A MONTHLY ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA (similar to Social Security for All) (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB (Economic Bonus)) 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 EVERYONE Five 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 benefitting 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 FEDERAL TAXES ON BUSINESS
Businesses are dollar-transferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the federal government (the later having no use for those dollars). Any tax on businesses reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all business taxes reduce 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 business taxes would be a 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.

MONETARY SOVEREIGNTY

 

 

 

The tax “reform” Trojan horse. A sneak attack on social benefits

Image result for the truth will set you free
It takes only two things to keep people in chains:
The ignorance of the oppressed and the treachery of their leaders.

————————————————————————————————————————————————————
“Reform” is such an appealing word. It implies “improvement,” but all it means is “change” (re- form). And when Congress changes things, it generally tries to benefit its biggest contributors, the rich.

So, next time you hear or see the words “tax” and “reform” in the same sentence, hide your wallet and take your impressionable children indoors. You are about to feel strong winds from Washington carrying heavy BS rain.

The GOP is looking for ways to pay for tax cuts. Your 401(k) may bear the cost.
By Thomas Heath, August 31, 2017 at 2:58 PM

President Trump called for “fundamentally reforming” the tax code, and said he would work with Congress to achieve it at a speech in Springfield, Mo., on Aug. 30. (The Washington Post)

Ah, yes. Donald Trump, the great reformer, having presented his non-existent plan to replace Obamacare (Romneycare), by trying to leave 20 million lower-income men, women, and children without health care, now will build on his success by “fundamentally reforming” the tax code.

We assume his attitude toward lower-income people will not change.

House Republicans may tinker with the hugely popular 401(k) retirement benefit as part of their tax reform package.

Politico reported that one proposal would be taxing the money that workers place into their 401(k) savings plans up front instead of imposing the tax when they take the money out in retirement — 20, 30 or 40 years hence.

The idea would raise billions of dollars. 

Image result for trojan horse
Tax “reform,” a Trojan horse for benefit reduction

Immediately, you see all “reform” plans will be based on the myth that the federal government needs and spends your tax dollars.

Contrary to popular myth, your tax dollars are not spent or even saved. Upon receipt, your tax dollars no longer are part of any money supply measure. Hence, federal taxes are destroyed.

While monetarily NON-sovereign state and local governments do need and use tax dollars, the Monetarily Sovereign federal government uniquely pays its bills by creating new dollars ad hoc.

Even if there were zero federal taxes, the federal government could continue spending forever. State and local governments do not have that privilege; their financial systems resemble your finances and are totally different from federal finances.

Not only does the federal government not need to “raise billions of dollars,” but doing so actually takes billions of dollars out of the economy, and cuts into economic growth. A federal tax is the economy’s deficit.

Unfortunately, both political parties have spent the last 75 years convincing you, the public, that federal finances are just like state and local finances, business finances and personal finances.

However, the facts are:

  1. Being uniquely Monetarily Sovereign, the federal government pays its bills by sending instructions (not dollars), in the form of checks or wires, instructing creditors’ banks to increase the balances in creditors’ bank accounts. At the instant the banks obey those instructions, brand new dollars are created.
  2. The so-called “debt” is nothing more than the total of deposits in Treasury Security accounts, which are very much like savings accounts, and are not a future burden on the federal government or on future taxpayers. The federal government could pay off the entire “debt” tomorrow, without collecting a penny in taxes, simply by returning the dollars currently residing in those T-security accounts.
  3. Federal deficits are merely the difference between spending and taxing; they and could be sustained forever. In fact, federal deficits are necessary for economic growth. Gross Domestic Product = Federal Spending + Non-federal Spending + Net Exports. Cut federal spending and you cut GDP. That is why a lack of deficits leads to depressions and recessions.
  4. Being the creator of the dollar, and being sovereign over the dollar, the federal government can give the dollar any value it wishes. The Fed controls inflation to its target rate of about 2.5% by controlling the Demand for the dollar. Through more than 75 years of wars, natural disasters, and recessions, the Fed has made inflation average close to the Fed’s target rate. The federal government also can control the value of the dollar simply by declaring a value, just as it did for the very first dollars in 1780.

The 401(k) program, which began with the Revenue Act of 1978, has a mixed bag of supporters and critics.

Some say the tax-deferred accounts are in­cred­ibly successful at encouraging Americans to save for retirement.

Critics say it favors wealthier people who can afford to save and get a nice tax break while leaving behind low-income workers who cannot afford to do without the cash now.

The 401k has encouraged people to save for retirement, for two reasons: People don’t understand the implications of “save today but pay tomorrow,” and they don’t understand the federal government’s unlimited ability to fund Social Security.

Save Today But Pay Tomorrow
There are many tax savings that are not available in a tax-deferred account.

Long term capital gains and dividends are taxed at lower rates than are such gains when taken from a tax-deferred account. Similarly, you never want to hold municipal bonds in a tax-deferred account.

In short, a tax deferred account such as 401k, saves you taxes today but depending on your future income, you may pay far more in taxes, tomorrow.

Funding Social Security
The funding for Social Security, as with the funding for all other federal programs, is widely misunderstood.

You have been told that Social Security (and Medicare) are funded by FICA tax payments via “Trust Funds.” You probably visualize your FICA payments going into an account, where they are saved until they are distributed to pay your benefits — something like an annuity insurance policy.

Wrong. You’ve been scammed.

Because the federal government is Monetarily Sovereign, it creates brand new dollars every time it pays a bill. The so-called “trust funds” are accounting fictions. Even if there were zero FICA collections the federal government could continue paying Social Security and Medicare benefits, forever.

The federal government has the financial ability to provide Social Security  (Step #3, below)and Medicare (Step #2, below) benefits for every man, woman, and child in America, without collecting a single penny in FICA taxes.  (Step #1, below)

President Roosevelt, the originator of Social Security knew this. His stated reason for collecting FICA was not to provide funds, but rather to ensure that the government could not take away Social Security.

Roosevelt reasoned that if people thought they paid for SS, they would rebel against eliminating it.

As FDR foresaw, endowing Social Security with its own revenue stream has protected it over the years from grasping politicians — mostly conservatives, who have aimed since 1935 to eviscerate the program.

The weekly or bi-weekly payroll deductions that go to the program have given workers a proprietary interest in benefits that has been hard to undermine.

Not only have you been scammed by the completely unnecessary collection of FICA from your paycheck, but you have been scammed in a 2nd way: Rich people don’t pay FICA.

First, there is a payroll limit, above which no FICA is collected. And second, there are many categories of income — categories like capital gains, partnership profits, etc. that rich people generally are in — which are not subject to FICA.

In short, FICA is an unnecessary tax on the 99%, a perfect way to widen the gap between the rich and the rest — exactly what the rich want.

But it gets even worse. By pretending that FICA pays for benefits, the rich-bribed politicians not only have reduced your Social Security benefits (to “save” SS), but your benefits are taxed at your highest tax rate.

At this point in the post, we know:

  1. The federal government cannot run short of its own sovereign currency, the dollar.
  2. The government creates brand new dollars, every time it pays a bill.
  3. Therefore, the federal government, unlike state and local governments, has no need for taxes, and in fact, destroys your tax dollars upon receipt.
  4. Federal deficit spending is necessary for economic growth
  5. The federal “debt,” just being deposits in T-security accounts, is infinitely “sustainable.”
  6. The federal government, being sovereign over the dollar, can give the dollar any value it chooses, and so has the unlimited power to prevent inflation.

Everything you read and hear about “tax reform” and the “debt limit” is based on the lie (“The Big Lie”) that dollars are scarce to the federal government. 

When you begin a proposal with a lie, everything that comes after is tainted by that lie.

We already have demonstrated that FICA not only is unnecessary, but being regressive, it punishes the 99% and widens the Gap between the rich and the rest.

So it is with some surprise that we hear Donald Trump and the GOP wish to eliminate FICA. It is so unlike them to want to benefit the middle class. What is going on, here?

Read this:

Trump’s proposal to eliminate the Social Security payroll tax may be his worst idea yet.

President Trump’s tax reform agenda is in trouble. That’s not news, but one proposal that his team has floated as a way, ostensibly, to cut taxes on the middle class is.

According to the Associated Press, they’re toying with the idea of eliminating the payroll tax, which funds Social Security and part of Medicare, or cutting it drastically.

This is an absolutely terrible idea, partially because it smells like a back-door way of cutting Social Security benefits. It needs to be nipped in the bud.

“This proposal is a Trojan horse,” the veteran Social Security advocate Nancy J. Altman told me. “It appears to be a gift in the form of middle-class tax relief, but would, if enacted, lead to the destruction of working Americans’ fundamental economic security.”

Get it? Roosevelt was right.

Yes, FICA should and could be eliminated. It is an unnecessary and regressive tax on the 99%.

But so long as the public believes the federal government needs and uses tax dollars, eliminating FICA is an open door to the justification of SS & Medicare benefit reduction.

Not only has the public been brainwashed into believing federal taxes are necessary to pay for federal spending, but the tax “reformers” wish to cut taxes on the rich so they can justify cutting benefits to the rest of us.

We should adopt the Ten Steps to Prosperity (below), but only if the public understands why the government has the unlimited ability to take those steps.

Bottom line: Today’s breed of tax “reformers” will be delighted to make you poorer and the rich richer, by cutting your benefits and raising your taxes, and telling you this is good for America (meaning the 1%).

Learn the truth. Demand the truth. Fight like hell.

Otherwise, you and your children are screwed.

Rodger Malcolm Mitchell
Monetary Sovereignty

………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

The single most important problems in economics involve the excessive income/wealth/power Gaps between the have-mores and the have-less.

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of The Ten Steps To Prosperity can narrow the Gaps:

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 can afford better health care than can 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 A MONTHLY ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA (similar to Social Security for All) (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB (Economic Bonus)) 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 EVERYONE Five 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 benefitting 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 FEDERAL TAXES ON BUSINESS
Businesses are dollar-transferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the federal government (the later having no use for those dollars). Any tax on businesses reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all business taxes reduce 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 business taxes would be a 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.

MONETARY SOVEREIGNTY

Evaluating a lie; Harm vs. benefit

It takes only two things to keep people in chains: The ignorance of the oppressed and the treachery of their leaders.
………………………………………………………………………………………………………………………………………………………………………………

Humans lie.  Even animals lie.

Lies have many advantages. The so-called “white lie” is a social method that is welcome and considered courteous. On many occasions, it would be rude to tell someone the truth. (“Your plastic surgery makes you look ugly.” “Your child is stupid.”)

Lying can build relationships, and even when the recipient of a lie knows it’s a lie, the lie and the liar are appreciated. The harm of a social lie is minimal compared to the benefit.

Lying, in of itself, is part of the normal human experience. Humans tend to accept and believe lies. Otherwise, humans wouldn’t lie, as acceptance and belief are the purpose.

Some political lies are beneficial to humanity.

Ozone in the atmosphere helps protect us from solar radiation.  You’ve heard of the “ozone hole.”  It’s a hole in the air above the north and south pole, that lets in dangerous radiation — except, there is no “hole.” There is some depletion, much of it natural and cyclical, but the notion of a “hole” is a lie.

The value of the ozone “hole,” or more specifically the value of calling it a “hole,” is that it creates a picture in our minds.

This picture makes us amenable to paying the cost and suffering inconvenience of eliminating chlorofluorocarbons(CFCs), halons, and other ozone-depleting chemicals, which are used in air conditioning and spray propellants.

So the hole is a lie, but it’s a “good lie.” The harm is minimal compared to the benefit.

Image result for pacific garbage patch

The Pacific Garbage Patch

In the same vein, you may have heard of the “Great Pacific Garbage Patch.” It’s an area of the Pacific Ocean where the natural currents create a swirl that entraps all floating trash, which builds up into piles of plastic, wood, bottles, sludge, chemicals, and other floatables.

It is a disgusting example of how mankind is polluting even our largest ocean, and is a good reason why we should exert every effort to reduce pollution — except the Great Pacific Garbage Patch is a lie. It doesn’t exist, at least not the way you might visualize it.

The words probably draw to your mind a picture of a huge floating island of garbage, but in fact, the “Great Pacific Garbage Patch” is invisible. It merely is an area of the ocean that has a slightly higher concentration of particulate matter, especially plastic particles. You could boat or even swim right through it and not realize it.

The problem is that when fish swim through it, a few of those tiny plastic particles might be ingested and enter their flesh, and when we eat those fish, the plastic enters our bodies, with potentially harmful physical effects.

The value of the “Great Pacific Garbage Patch” lie is that by drawing a vivid pollution picture, it might encourage stricter anti-pollution laws (except under the current American political administration, which seems not to worry about pollution).

So it’s a lie, but a “good” lie. The harm is minimal compared to the benefit.

Because lying is such a common part of our daily experience, we have evolved ways to deal with lies. To survive in our society, we must know which lies to accept as courteousness, which to believe as fact, and which to disbelieve.

And it isn’t easy.

There are several aspects to lies that help make them seem believable, among which are:.

  1. Source: Do we trust the source delivering the lie?
  2. Logic: Does the lie sound reasonable?
  3. Desire: Do we have a personal motive to believe the lie?
  4. Repetition: Does the lie square with what we previously have heard?

On this site, we often discuss “The Big Lie, a group of lies that deny Monetary Sovereignty.  Within that group of lie are such statements as:

*Federal finances are like your personal finances (They aren’t.)
*Federal taxes fund federal spending. (They don’t.)
*The federal deficit and debt are unsustainable (They aren’t.)
*Federal spending causes inflation (It doesn’t.)
*And the federal government can run short of its own sovereign dollars. (It can’t.)

Though this blog discusses, in detail, why each of these statements is false, many people resist the facts. That is, despite proof showing otherwise, they continue to believe the lie, because.

  1. Trusted sources like the media, the politicians, and many economists promulgate The Big Lie.
  2. Because The Big Lie equates federal financing with people’s own personal financial experience, the lie sounds reasonable.
  3. People want to believe The Big Lie because it justifies their desire to cut benefits to those who are poorer.
  4. The incessant, unrelenting repetition of the lie.

The Big Lie is harmful because it vindicates widening the Gap between the rich and the poor. It justifies reductions in federal spending for such social programs as Medicare, Medicaid, Social Security, poverty aids, education aids and other benefits for the “not-rich.”

It condones the easing of federal regulations meant to stop criminal bankers. It rationalizes the reduction in budgets for food, drug, and environmental protections. It reduces federal spending that grows the economy.

The Big Lie clearly is harmful, but does it have any redeeming qualities?

Some would say, “Yes.” They would say The Big Lie discourages Americans from constantly asking the federal government for benefits and it lessens the likelihood Congress will provide an endless succession of those benefits.

They would say that without The Big Lie, federal politicians, hoping to please constituents with gifts and tax cuts, would be helpless to prevent the massive growth of federal spending.

Said as briefly as possible, The Big Lie prevents “excessive” deficit spending. And that leaves us with a question: What is “excessive” deficit spending?

There are those of a Libertarian bent, who believe the federal government is too big and powerful (to use their favorite word a “Leviathan”), and most or even any deficit spending is too much.

That belief cannot be argued. There is no proof possible that the federal government is “too big.” It is an emotional, not a factual, judgment.

We can observe however that in 1940, the federal “debt” was $40 billion, and some called it a “ticking time bomb.” Today, it is $14 trillion, and that time bomb still is ticking.

We also can observe that every recession and nearly every depression has been introduced by reduced deficit growth, and every recession and depression has been cured by increased deficit growth.

Then, there are those who believe “excessive” federal deficit spending causes inflations, even Zimbabwe-style hyperinflations.

However, we can observe that despite periods of massive deficit spending, the U.S. never in its history has had a hyperinflation.

And we can observe that even with the massive deficit spending that brought us out of the “Great Recession” of 2008, and which has continued to this day, our rate of inflation is somewhat lower than the Fed’s target of about 2.5%.  The reasons:

  1. World inflation is caused by oil prices.
  2. The Fed controls U.S. inflation by increasing the Demand for the dollar, via interest rate control.

Finally, what about the theoretical helplessness of politicians to resist demands for deficit spending, if the public realized the federal government cannot run short of dollars, and does not use tax dollars?

  1. Politicians already yield to demands for gifts and tax cuts — but from their biggest contributors, the rich. Public understanding of Monetary Sovereignty would put the 99.9% on a par with the richest .1%.
  2. Deficit spending and tax cuts stimulate economic growth and enrich the populace, especially the 99.9% who benefit from social spending, the largest part of the federal budget. Cuts to regressive taxes — FICA, sales taxes, and remarkably even net income taxes (after special deductions for the rich) also would benefit the 99.9%.

And would the politicians really be  “helpless”? Today’s politicians already resist deficit spending. They do it by telling a lieThe Big Lie: “Taxpayers and the government can’t afford it.”

They just as well could resist deficit spending by telling the truth:

Deficit spending is limited only by an inflation the Fed cannot control via interest rates.

The Fed already determines current and future inflation. It adjusts interest rates upward when it believes inflation will rise above its target rate of about 2.5%. It lowers rates when it believes inflation will fall below its target rate.

The Fed alrady acts not only as a control but as a barometer.

If the Fed ever merely were to announce, “We predict inflation will be too high and we will not be able to control it reasonably close to our 2.5% target,” the politicians could use that announcement, not The Big Lie, as their excuse to resist further federal spending, or even to cut federal spending.

In summary, there are no excuses for The Big Lie. There is no value to The Big Lie. The harm is enormous compared to the non-existent benefit.

How about telling The Big Truth: Monetary Sovereignty.

Rodger Malcolm Mitchell
Monetary Sovereignty

………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

The single most important problems in economics involve the excessive income/wealth/power Gaps between the have-mores and the have-less.

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of The Ten Steps To Prosperity can narrow the Gaps:

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 can afford better health care than can 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 A MONTHLY ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA (similar to Social Security for All) (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB (Economic Bonus)) 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 EVERYONE Five 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 benefitting 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 FEDERAL TAXES ON BUSINESS
Businesses are dollar-transferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the federal government (the later having no use for those dollars). Any tax on businesses reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all business taxes reduce 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 business taxes would be a 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.

MONETARY SOVEREIGNTY

Real Americans vs. fake Americans

It takes only two things to keep people in chains: The ignorance of the oppressed and the treachery of their leaders.
………………………………………………………………………………………………………………………………………………………………………………

There are differences between real Americans and fake Americans, and no, these differences do not involve flag waving, strutting in parades and boasting about American greatness.

Image result for flood volunteers hug victims
A real American embraces the less fortunate

Real Americans defend the underdog. Real Americans hate bullies. They have compassion for those less fortunate, understanding that “there but for the grace of God, go I.”

Real Americans offer a helping hand; fake Americans brandish a steel fist.

Fake Americans blame the victim (until they themselves are victimized, at which point they whine tearfully about the lack of help they receive).

Fake Americans would rather give tough love than real love.

When President Bush told Americans that waterboarding is necessary to protect us, and is not really torture, a shameful number agreed with him, though Bush did not volunteer to be waterboarded to prove his point. Bush was a fake American.

Bush shamed America, and thankfully, we no longer waterboard, but only because real Americans objected.

And now fake Americans are in charge, and cruelty is their method. A fake American will pardon a sadistic, law-breaking sheriff who enjoys arresting people because of their skin color — many of whom are innocent of any crime — and placing these human beings into horrifying conditions of starvation, heat, humidity, and close proximity to garbage for months at a time, while they await trial.

This “law and order” sheriff ignored a legal order by a judge. He is admired by many fake Americans who enjoy having mean-spirited bullies torture powerless human beings.

Given the choice between sadistic torturers born in America vs. undocumented human beings just trying to build a life for their children and themselves, who are the real Americans? Real Americans feel compassion for the bullied and nothing but disgust for the bullies.

Many people would be angry if they learned that the sheriff had tortured dogs, but are quite sanguine when they learned he tortures humans. They are not real Americans.

And then we have an entire political party that repeatedly produced health-care plans that would have denied care for 12 million – 20 million of our poorest, most vulnerable people.

The cruelty by fake Americans obscures the empathy of real Americans who are compassionate, charitable, and kind:

Trump signs directive banning transgender military recruits

President Donald Trump announced his intentions to ban transgender people from serving.

The presidential memorandum also bans the Department of Defense from providing medical treatment regimens for transgender individuals in the military.

A White House official insisted that Trump was not walking back his rhetoric from the 2016 campaign when he vowed to fight for LGBT Americans.

The President is the President for all Americans, and during last year’s campaign he was the first GOP nominee to talk about LGBTQ issues at the GOP convention, but he also was critical of the Obama administration’s change in that longstanding DOD policy,” the official said.

He’s going to continue to ensure that the rights of the LGBTQ community, as well as all Americans, is protected,” the official added. “This policy is based on a series of national security considerations.”

There are no national security considerations. These transgender people have volunteered to risk their lives to defend America, unlike Donald Trump, who invented a “heel spur,” to avoid his military duty..

The White House’s obvious double-talk fools no one, but it is sufficient to satisfy fake Americans who lack real American values.

Trump’s announcement took many in the military’s leadership — including the joint chiefs of staff — by surprise.

“After consultation with my Generals and military experts, please be advised that the United States Government will not accept or allow transgender individuals to serve in any capacity in the U.S. Military,” Trump said in a series of tweets.

“Our military must be focused on decisive and overwhelming victory and cannot be burdened with the tremendous medical costs and disruption that transgender in the military would entail.”

Trump’s July announcement was met with widespread rebuke by members of both parties and civil rights advocates, who argued that Trump’s decision reversed years of progress for LGBT rights and flew in the face of studies showing minimal impacts on the military.

A 2016 Rand Corp. study commissioned by the Defense Department concluded that letting transgender people serve openly would have a “minimal impact” on readiness and health care costs, largely because there are so few in the military’s 1.3 million-member force.

The study put the number of transgender people in the military at between 1,320 and 6,630.

The Rand study estimated the possibility of 30 to 140 new hormone treatments a year in the military, with 25 to 130 gender transition-related surgeries among active service members annually.

The cost could range from $2.4 million and $8.4 million a year, an amount that would represent an “exceedingly small proportion” of total health care expenditures, the study found.

Trump had lied.

There was no consultation with his generals. The military is not “burdened” by the small handful of transgender people. There are no “tremendous medical costs” in our $650 billion military. There is no “disruption.”

There only is leadership meanness to satisfy cruel backers.

Trump’s DACA decision looms

President Donald Trump continues to weigh phasing out a program —  Deferred Action for Childhood Arrivals — that has protected young undocumented immigrants brought to the US as children.

The President pledged on the campaign trail to end it immediately, then calling it a “very, very hard” choice in recent months and telling The Associated Press that recipients of DACA should “rest easy.”

Trump said, “I understand the situation very well. What I’d like to do is a comprehensive immigration plan. But our country and political forces are not ready yet.”

Attorney General Jeff Sessions, historically a longtime opponent of DACA, says the program has come up in multiple meetings in recent months.

Nearly 800,000 young, undocumented immigrants have benefited from DACA, which protects children from deportation and offers them the ability to work, study and participate in their communities without fear.

Many have known no other home. The children have met certain criteria, passed a background check and maintained a clean record.

In an ultimatum, Texas Attorney General Ken Paxton and nine other state attorneys general have asked the administration to rescind DACA or they will challenge it in an unfriendly court.

Four different proposals have been introduced in Congress to offer some permanent protections to the so-called “Dreamers” under the program, two bipartisan, one Republican and one Democratic.

Lacking normal human consciences, fake Americans are unconcerned about the terror and pain deporting 800,000 young, innocent people would cause. It is of no concern to the selfish and hard-hearted, who already live good lives.

But shamefully, there is one issue that may concern them: Money.

Trump’s DACA decision could cost thousands of jobs, study says 
Thousands of people are likely to lose their jobs if President Trump phases out an Obama-era policy that protects children from being deported.

Sunsetting DACA would have major ramifications for the nation’s economy.

As work authorizations provided by DACA expire, an average of 30,000 people will be out of work each month.

That would put significant pressure on employers to fill holes in their workforce.

Using the most conservative estimates, ending DACA would impose massive costs on employers — nearly $2 billion over two years,” said David Bier, a policy analyst with the libertarian Cato Institute.

Sad, isn’t it, that the strongest argument against cruelty is a monetary one? While fake Americans have no compunction about destroying the lives of millions of poor or powerless people, they could be swayed when they realize that employers might lose billions.

Related image
Our President embraces the flag

This is how far our once great, formerly admired America has fallen.  We have been soiled; we have been tarnished. Our pride has turned ironic.

We no longer are America the beautiful. We no longer are America the welcoming. We no longer are the God blessed America, the golden land opening arms to he stormed-tossed.

We no longer embrace the less fortunate. We blame them for being less fortunate.

We no longer are the world’s great moral leader, the people who helped save Europe from Hitler and China from Japan. Those Americans are disappearing.

Now, there seems to be no limit to our depths. Every day sees a new decline. We truly have become America the fake.

Do not even attempt to deny it. You know it is true.

Rodger Malcolm Mitchell
Monetary Sovereignty

………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

The single most important problems in economics involve the excessive income/wealth/power Gaps between the have-mores and the have-less.

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of The Ten Steps To Prosperity can narrow the Gaps:

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 can afford better health care than can 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 A MONTHLY ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA (similar to Social Security for All) (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB (Economic Bonus)) 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 EVERYONE Five 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 benefitting 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 FEDERAL TAXES ON BUSINESS
Businesses are dollar-transferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the federal government (the later having no use for those dollars). Any tax on businesses reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all business taxes reduce 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 business taxes would be a 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.

MONETARY SOVEREIGNTY