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.
●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.
●Austerity is the government’s method for widening the gap between rich and poor.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Everything in economics devolves to motive, and the motive is the Gap.
==================================================================================================================================================================

Consider the brutality that President Bush, Vice-President Cheney, many other political leaders and right-wing media think is just fine:

The Most Gruesome Moments in the CIA ‘Torture Report’

Interrogations that lasted for days on end. Detainees forced to stand on broken legs, or go 180 hours in a row without sleep. A prison so cold, one suspect essentially froze to death.

The CIA also forced some detainees who had broken feet or legs to stand in stress-inducing positions, despite having earlier pledged that they wouldn’t subject those wounded individuals to treatment that might exacerbate their injuries.

Contrary to CIA’s description to the Department of Justice, the Senate report says that the waterboarding was physically harmful, leading to convulsions and vomiting.

The torture of prisoners debate has devolved to:

1. We never tortured. We just used “enhanced interrogation techniques.”
2. We did torture, but torture is O.K., because it worked.
3. We did torture, but I didn’t know about the torture.
4. We did torture, and it’s not O.K., so we don’t torture any more.

That America even needs to debate about the merits of torture, says much about American humanity and our moral standing in the world.

Then, consider police brutality:

These Moms Lost Kids to Police Brutality — Now They’re Fighting Back
By Matt Connolly

Ten women, united in loss that no one should have to bear, demanded that lawmakers take action on police brutality on Capitol Hill on Wednesday. They make up a delegation of mothers whose sons were killed by police, and they don’t want any more mothers to feel their pain.

The delegation, assembled by representatives from Mothers Against Police Brutality, Codepink, the National Congress of Black Women and the Hands Up DC Coalition made their case to Congress during a three-hour briefing followed by a candlelight vigil outside the Department of Justice that evening.

Tressa Sherrod told assembled legislators, staffers, media and members of the public. “The police have too much power. They are getting away with killing unarmed black men and children.”

“It’s been eight years for us, and we’re still in pain,” said Valerie Bell, whose son Sean Bell was killed on his wedding day when plainclothes police officers fired 50 shots into his car in New York thinking someone had a gun.

The officers, whose attorney argued that they confused their own shots ricocheting for bullets being fired back at them, were later acquitted.

Danette Chavis’ son Gregory Chavis wasn’t shot by law enforcement, but New York police allegedly prevented him from receiving medical treatment for his gunshot wound despite being a block away from a hospital.

Are we becoming immunized against brutality? Do we justify brutality, so that our response to all problems is more brutality?

Cop Writes Washington Post Op-Ed Defending Police Brutality

“Here is the bottom line: if you don’t want to get shot, tased, pepper-sprayed, struck with a baton or thrown to the ground, just do what I tell you.”

Police Department officer Sunil Dutta (wrote) “Don’t argue with me, don’t call me names. Don’t tell me that I can’t stop you, don’t say I’m a racist pig, don’t threaten that you’ll sue me and take away my badge.”

In other words, shut up and take it, because even the slightest bit of intransigence is grounds for the cops to unleash a world of hurt.

“Later, you can ask for a supervisor, lodge a complaint or contact civil rights organizations if you believe your rights were violated.”

Or, wait for your complaint to get buried under mountains of paperwork and or dismissed outright. In DC, for instance, only 66 of the 358 complaints filed last year against Metropolitan Police Department officers were sustained, according to figures released this week.

Any resistance, even the most modest form of resistance, constitutes grounds for the police to kill you with a choke hold, bullets, beatings or some other means.

Have the police, the grand juries, the public in general and the politicians become immune to the horrors of brutality? Do torture and murder no longer shock us?

Poll Finds That More Americans Back Gun Rights Than Stronger Controls
By Timothy Williams, Dec. 11, 2014

Two years after the mass school shooting in Newtown, Conn., a majority of Americans say it is more important to protect the right of Americans to own guns than for the government to limit access to firearms, a Pew Research Center survey conducted this month found.

The center said that it was the first time in two decades of its surveys on attitudes about firearms that a majority of Americans had expressed more support for gun ownership rights than for gun control.

In a 2000 Pew survey, 29 percent chose gun rights over gun control, and in a 2013 survey conducted a month after the Newtown shooting, 45 percent favored gun rights.

When asked in 2012, 29 percent of African-Americans said guns offered people protection rather than exposed them to greater danger, but in this year’s survey, the number of African-Americans who viewed firearms as offering more personal safety nearly doubled to 54 percent.

Torture makes us safer. Police savagery makes us safer. Guns make us safer.

Brutality in America. Is it the new normal?

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. (Refer to this.)
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

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

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.
●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.
●Austerity is the government’s method for widening the gap between rich and poor.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Everything in economics devolves to motive, and the motive is the Gap.
==================================================================================================================================================================

Here is all you need to know about the crime of torturing prisoners:

It wasn’t all that bad. And it worked to get valuable information.

And, we never knew what the CIA was doing. And anyway, it never happened, because as President Bush and Vice President Cheney said, “We don’t torture.”

Also, doing the crime is not bad for America, but revealing the crime is bad for America. Criminals are good people, but tattle-tales put America in danger.

Finally, these revelations will get Islamists angry at us, because up ’til now, they have not been angry at us. Right?

Let’s begin with the idol of the GOP, Ronald Reagan:

Ronald Reagan: Message to the Senate Transmitting the Convention Against Torture and Inhuman Treatment or Punishment, May 20, 1988

I transmit herewith the Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment.

The Convention was adopted by unanimous agreement of the United Nations General Assembly on December 10, 1984, and entered into force on June 26, 1987. The United States signed it on April 18, 1988.

The United States participated actively and effectively in the negotiation of the Convention. It marks a significant step in the development during this century of international measures against torture and other inhuman treatment or punishment.

Ratification of the Convention by the United States will clearly express United States opposition to torture, an abhorrent practice unfortunately still prevalent in the world today.

That was then. This is now.

Cheney: We waterboarded U.S. soldiers, so it’s not torture
SEPTEMBER 9, 2011facebooktwittergoogle-plusredditemail

Cheney: “We waterboarded U.S. soldiers, so it’s not torture.”

Former Vice President Dick Cheney argued on Friday morning that the waterboarding of terror suspects did not amount to torture because the same techniques had been used on U.S. soldiers during training.

“The techniques that we used were all previously used on Americans. “All of them were used in training for a lot of our own specialists in the military. So there wasn’t any technique that we used on any al Qaeda individual that hadn’t been used on our own troops first, just to give you some idea whether or not we were ‘torturing’ the people we captured.”

(Of course) the troops in training are not subjected to the practice 183 times. Also, the soldiers presumably know their training will end, and they won’t be allowed to actually drown or left to rot in some dark, anonymous prison.

Hey, what’s a little waterboarding? The Vice President says it’s not torture, even though “The report’s central conclusion is that harsh interrogation measures, deemed torture by program critics, didn’t work.”.

Some in Cheney’s party, including Sen. John McCain (R-AZ), believe that waterboarding is torture. Malcolm Nance, a counterterrorism consultant for the U.S. government and a former SERE instructor, has argued repeatedly that waterboarding is torture and called for prohibiting its use on prisoners.

“Waterboarding is slow motion suffocation with enough time to contemplate the inevitability of black out and expiration — usually the person goes into hysterics on the board. For the uninitiated, it is horrifying to watch and if it goes wrong, it can lead straight to terminal hypoxia. When done right it is controlled death. Its lack of physical scarring allows the victim to recover and be threaten[ed] with its use again and again.”

O.K., so Cheney is a conservative beast, who probably would torture his own mother for sport, but wasn’t Congress kept in the dark?

Cheney said the George W. Bush administration had received approval for the “enhanced interrogation program” from all nine congressional leaders who had been briefed on its details: this included the leaders of both intelligence committees, the leaders of both parties, and House Speaker Nancy Pelosi.

Oh? Well . . . uh . . . see, it’s like this. The fact that it’s a crime against humanity, for which we should be prosecuted, means nothing. It’s the revealing of the crime that really is a crime.

Sun Sentinel: “GOP greets report with harsh questions of motive.” 12/10/14

House Speaker John Boehner, R-Ohio, said America’s intelligence community deserves “our thanks, not an ideologically motivated report designed to underpin their work.”

Sen. Mitch McConnell, R-Ky, the incoing majority leader, dismissed the extensive probe as a parisan “study” done at the behest of Democrats for political advantage. “It doesn’t tell us much that we didn’t probably already know anyway, but significantly endangers Americans around the world. The release serves no purpose whatsoever.”

Sen. Richard Burr, R-N.C. called the conclusions of the report, “a fiction.”

So, as we said, revealing the crime is a crime and anyway, the crime didn’t happen.

At least, the President under which this crime (that didn’t happen,) is shocked — or maybe not.

George W. Bush: Described CIA employees as “patriots” and questioned the report’s legitimacy. “If it diminishes their contribution to our country, it is way off base. I knew a lot of the operators. These are good people, really good people and we’re lucky as a nation to have them.”

Cheney believed the findings would be “all a bunch of hooey. As far as I’m concerned, they ought to be decorated, not criticized.”

Yes, the CIA are “patriots,” whose heroics we dare not speak of, because they are so shameful and criminal.

Sen. Marco Rubio, R-Fla, a member of the intelligence committee who was one of just three Republicans voting against declassifying the report, said Democrats advanced it only for the “partisan joy their going get from trying to embarrass people in the Bush administration.”

Asked if he could defend the kinds of abuses in the report, Rubio demurred:

“I’m not going to criticize anyone who did their job in trying to acquire information that would protect American lives and prevent terrorist attacks.

“Protect American lives and prevent terrorist attacks?” Uh, not really.

As President, Rubio says he would support torture of prisoners. That is his level of morality.

Sen. Rand Paul, R-Ky: “It’s important to say we’re not going to do that (torture). Whether or not you have to go into all the gory details, whether that’s good for the country, maybe not.”

Yes, it’s important to SAY we’re not going to torture, but doing the torture is O.K., so long as we don’t talk about it.

Some detainees were forced to stay awake for a week, usually standing or in stress positions, at times with their hands shackled above their heads.

Some were doused with ice water or stripped naked and chained for days in unheated, unlit cells.

At least five captives were subjected to painful rectal rehydration or unnecessary rectal feeding.

The most gruesome conditions occurred at a former brick factory north of Kabul, Afghanistan. The “Salt Pit” was so dungeon-like that interrogators wore headlamps to navigate its dark passageways.

Detainees were walked around naked or were shackled with their hands above their heads for extended periods of time. (They) were hooded and dragged up and down a long corridor while being punched and slapped.

An Afghan militant named Gul Rahman died in the Salt Pit of suspected hypothermia after he was stripped naked from the waist down and chained to a concrete floor in near-freezing temperatures.

All this was done in the name of America, by American “patriots” (to use President Bush’s and Vice-President Cheney’s description). Supposedly this was done to get valuable information, although the data show that torture doesn’t work.

Does America have a moral compass, or are we no different from the viscous terrorists for whom we have contempt?

We have the most powerful military the world ever has known. Yet, does our fear remain so great, and have we sunk so low as a nation, that we are willing to elect “patriots” who are as bad as our enemies? Are we a people who happily would be led by a Hitler or an Idi Amin?

Another election is coming. This is a good time for you and me to face the mirror of history, and decide: Who am I? What is my morality? How low will I sink? Am I proud to be an American?

Do the barbarians speak for me?

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. (Refer to this.)
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

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

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.
●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.
●Austerity is the government’s method for widening the gap between rich and poor.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Everything in economics devolves to motive, and the motive is the Gap.
==================================================================================================================================================================

The protesters are marching against the wrong guys:

Protesters flood California highway, throw rocks, bottles at officers, police say
By Holly Yan and Joe Sutton, CNN
updated 10:04 AM EST, Mon December 8, 2014

(CNN) — From the streets of California to the stores of New York City, protesters are making sure no one forgets the case of Eric Garner (Staten Island, New York).

But some are doing so more violently than others.

Demonstrators flooded a highway in Oakland, California, late Sunday night, prompting a heated standoff in the freeway between protesters and the California Highway Patrol.

Some threw explosives, bottles and rocks at officers, authorities said. Highway Patrol Sgt. Diana McDermott said it wasn’t clear what type of explosives were thrown, but she said some in the crowd had Molotov cocktails and M-80 firecrackers.

And:

What Happened in Ferguson?

Michael Brown, an unarmed black teenager, was shot and killed on Aug. 9, by Darren Wilson, a white police officer, in Ferguson, Mo., a suburb of St. Louis. The shooting prompted protests that roiled the area for weeks. On Nov. 24, the St. Louis County prosecutor announced that a grand jury decided not to indict Mr. Wilson. The announcement set off another wave of protests.

In New York and Missouri, and all over the nation, people protest the police shooting of unarmed black men. Meanwhile:

‘Go to work … idiots’: Staten Islanders angrily respond to SIE protest for Eric Garner

figman: Go to work people it’s healthy for you idiots to learn to be independent!!!
Kristine6: Why don’t these protestors actually contribute to society in a positive way and get jobs??
Sheldongirl: Not doing anything except inconveniencing their fellow Staten Islanders. Dumb.
Wowza: Let the people who pay for your government cheese and welfare checks get through so they can get to work- so in turn you can continue to protest and not work. Losers.
siperson: Don’t these people have a job? Oh wait a minute . . . what the heck was I thinking?
mscan19037: The Grand Jury made a decision and said this case is over … it’s over! Law & order won. Now go home and start being respectful if the police ever they stop you. Better yet, don’t do anything that would give them reason to stop you.
Mike Carr: A minor problem, easily solved! Sanitation trucks are already equipped with snow plows! See how quickly these a*****s disperse when a 50-60mph snowplow is coming at them.
John Cleary: They should all remember if we don’t work they don’t get their freebies.
Mike Catalano: I say if your stupid enough to march in traffic you should get run over.
Maria Miranti: “Black lives matter”… I personally believe that ALL lives matter, and I guess their lives don’t matter to them if they’re willing to play in traffic. Run ’em over!
George Malatesta: They should be thrown off the Bridge into the Bay. Start it off by tossing Reverend Al Sharpton first.

Everyone is angry. The protesters are angry about police bigotry and militarism. The anti-protesters are angry at the protesters for protesting (and for deep-seated racial reasons).

Now a question: If your community had a judge who never convicted a criminal, but instead let every criminal go free, to whom would your anger be directed. The criminals or the judge?

My anger would be directed at the judge, and that is why I believe the protesters’ anger is misdirected.

Yes, the police in some communities are out of control, and yes, there are bigots, hotheads and even psychos who wear the badge — a minority, just like the minority in the general population.

But there is a reason why those police are out of control. The person assigned the job of controlling them is out of control.

And that is what drives a populace to mob action.

It’s Incredibly Rare For A Grand Jury To Do What Ferguson’s Just Did
NOV 24 By BEN CASSELMAN

Former New York state Chief Judge Sol Wachtler famously remarked that a prosecutor could persuade a grand jury to “indict a ham sandwich.”

The data suggests he was barely exaggerating: According to the Bureau of Justice Statistics, U.S. attorneys prosecuted 162,000 federal cases in 2010, the most recent year for which we have data. Grand juries declined to return an indictment in 11 of them.

The reason: In a grand jury, the prosecutor acts as both the sole lawyer and the judge. He (she) presents only the evidence he wishes to present — one side of the story.

Any prosecutor, even the most incompetent boob who ever sneaked into a courtroom, could get a grand jury to indict you, dear reader, for being a murdering terrorist. All he would need do is make claims about existent or even non-existent evidence. There is no rebuttal.

So what happened in Missouri and New York?

There are at least three possible explanations as to why grand juries are so much less likely to indict police officers.

The first is juror bias: Perhaps jurors tend to trust police officer and believe their decisions to use violence are justified, even when the evidence says otherwise.

And, perhaps it is impossible to exclude racial bias from the mix. Many blacks’ have been “taught” that police are bigots to be hated. Many whites’ have been “taught” that blacks are criminals to be hated.

The second is prosecutorial bias: Perhaps prosecutors, who depend on police as they work on criminal cases, tend to present a less compelling case against officers, whether consciously or unconsciously.

I suspect this is the main reason. The only part that’s questionable is the “unconsciously” caveat. I strongly doubt it’s not conscious.

The third possible explanation is more benign. Ordinarily, prosecutors only bring a case if they think they can get an indictment. But in high-profile cases such as police shootings, they may feel public pressure to bring charges even if they think they have a weak case.

We don’t elect prosecutors to be judge and jury on the most serious cases. We’re not talking about something trivial like shoplifting or smoking a joint. We’re talking about unarmed, young men being shot to death by multiple gunshots. That is the major league of crime.

The strength of that kind of serious case is for a judge or jury to decide.

My message to the protestors: If you’re going to angry at anyone, be angry at the prosecutors. If police are going to get a free ride every time they shoot an unarmed civilian, what will prevent them from continuing to shoot unarmed civilians?

The policemen should have gone through trials. All the evidence should have been presented by prosecutors and strong defense attorneys.

If the evidence points to innocence, fine. But at least next time, policemen may have reason to think before using deadly force against an unarmed civilian.

Yes, the police have a tough, dangerous job. I sure wouldn’t want to be one. They each see more crime in a day than I’ve seen in my life. They deal with the dregs of humanity. I admire the police.

That said, there must be controls to protect society from our “protectors.” And the first line of defense is the prosecutor. If the prosecutor isn’t protecting you, he should be fired or prosecuted.

Else, the law is meaningless and we have anarchy.

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. (Refer to this.)
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

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

We all are hardwired to demand fairness and to reject unfairness:

The Ultimatum Game Two people, Alice and Bob, play. An experimenter puts 100 one dollar bills on a table. Alice may divide the money between herself and Bob however she chooses. Bob then decides whether to accept her division, in which case each keeps the money as Alice divided it, or to reject the division, in which case neither receives any money. If Bob acts rationally, he should accept any division in which Alice offers him at least one dollar, since doing so leaves him with more money than he would have had otherwise. If Alice knows that Bob will act rationally, she should offer Bob one dollar and keep 99 for herself. In practice, divisions which Bob regards as unfair are generally rejected.

Think about this: If you were Bob, what division would you accept? If Alice divided $95 – $5 in her favor, would you accept it? What if Alice were poor and you were rich? We all are together; we all are human. But where we diverge — conservatives vs. liberals — is in what we consider to be fair. In general: The liberal mind sees the gap between the “haves” and the “have-nots” as being an unfair accident of fate, the “lucky gene” concept. “There, but for the grace of God, go I.” The conservative mind views the gap as being earned, the result of hard work, honesty and religious faith. They see the rich as “makers” and the poor as “takers,” whom they resent as unfairly receiving government benefits. The liberal mind feels sympathy and compassion for the downtrodden (whom they feel receive unfair treatment in life) and anger against the rich and powerful who “tread” on the poor. The conservative mind feels disgust and anger at the poor (who receive unfair government largess) and feels deference to the rich and powerful. From Franklin Roosevelt through Lyndon Johnson, when liberalism was in vogue, America fought WWII, created Lend-Lease, the Marshall Plan, Social Security, Medicare, Medicaid, the Voting Rights Act and much other legislation of benefit to minorities, the elderly, the poor, the uneducated and other powerless groups. From Ronald Reagan through Barack Obama today, the nation has turned toward conservatism. Federal spending on social programs is being disputed under the banner of pragmatism and financial prudence, and a record number of voting restrictions (all aimed at the non-white poor) have been proposed by state and local legislatures. Today’s conservative Supreme Court has enabled laws restricting voting rights and excessive campaign contributions — laws that favor the rich over the poor. If you dispute including Barack Obama in the conservative “column,” consider this. He:

–Repeatedly proposed a “Grand Bargain,” which featured raising taxes on the poor and cutting Social Security and other social benefits –Dramatically increased FICA, the most regressive tax in America –Hired conservatives Simpson & Bowles to support cuts in deficit spending on social programs –Cut the deficit to its lowest point since 2008 –Deported more immigrants than any American President in history –Failed to prosecute any criminal “banksters” –Instituted a health-care program that ostensibly helps the poor, but in fact, unnecessarily asks young people to pay the tab.

Obama may have a liberal mind. I can’t say. But if so, his weakness of character has caused him to submit to the Tea/Republicans in Congress. The liberal mind is tuned more toward empathy and compassion for the weak, with hostility reserved for the bully:

Protests against police violence block traffic in New York Reuters: By Robert MacMillan, Andrew Chung and Sebastien Malo Protests over U.S. police violence against minorities, sparked by grand-jury decisions not to charge officers in two high-profile cases, were peaceful on their third night in New York.

Conservatives lean far less toward empathy and compassion, with fear and hatred being their strongest emotions (thus the primarily conservative support for universal gun ownership). Conservatives love America (repeatedly presenting the flag and proclaiming their patriotism), but hate the American government and American liberals, gays, poor, blacks, browns, yellows, women, immigrants and people of a different or no religion.

Race resurfaces in conservative protests against Obama 09/13/13, By Benjy Sarlin That was just one of several especially virulent displays of anti-Obama fury that drew national attention in recent days. In Phoenix last Tuesday, a protest of Obama’s visit included a chorus of “Bye, bye, black sheep!” According to The Arizona Republic, one person shouted “he’s 47 percent Negro!” while another raised a sign reading “Impeach the Half-White Muslim!” This weekend, Obama faced a similar greeting in Orlando, Fla., as several dozen protesters lined his motorcade route, including one whose sign read “Kenyan Go Home!” The “birther” movement questioning Obama’s legitimacy peaked in 2011 after Donald Trump explored a presidential campaign centered around the conspiracy theory.

It is the conservative mentality — that combination of fear and loathing — that built the first border wall in American history.

The Marshall Plan was the American initiative to aid Europe, in which the United States gave $13 billion (approximately $160 billion in current dollar value) in economic support to help rebuild European economies after the end of World War II. Belgian economic historian Herman Van der Wee concludes the Marshall Plan was a “great success”: “It gave a new impetus to reconstruction in Western Europe and made a decisive contribution to the renewal of the transport system, the modernization of industrial and agricultural equipment, the resumption of normal production, the raising of productivity, and the facilitating of intra-European trade.”

Can you, in your wildest dreams, imagine today’s conservative Congress, voting for the Marshall Plan of 1948? It is doubtful today’s conservatives would vote to give an extra $160 billion to poor Americans, let alone to foreigners. In Summary: Though liberals and conservatives argue the logic of their cases — the “makers” vs. the “takers” argument — the real differences go far beyond logic. The differences are in the fundamental psychological disposition of the two sides. I do not believe these differences relate only to genetic makeup or life experiences. I believe it is leadership that has created and separated the conservative brain from the liberal brain. We all rely on our leaders to teach us right from wrong. We are social animals who travel with the herd. In some decades, our leaders have preached altruism, benevolence and compassion. Other decades’ leaders have pushed us toward selfishness, intolerance and hatred. At one time, we were, as Tom Brokaw termed, the “Greatest Generation.” We were patriots. We gave “our lives, our fortunes and our sacred honor,” for our nation, for our neighbors and for those whom we know and love. Today, as we hide behind our Berlin-style border wall, topped with spikes and wire, I fear we have become the “Hate Generation,” giving reluctantly and resentfully, if at all, to few if any. This has become the new American patriotism. Rodger Malcolm Mitchell Monetary Sovereignty Twitter: @rodgermitchell Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell ………………………………………………………………………………………………………………………………

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

1. Monetary Sovereignty describes money creation and destruction.
2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

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 Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps: Ten Steps To Prosperity:

1. Eliminate FICA
2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone
3. Social Security for all
4. Free education (including post-grad) for everyone
5. Salary for attending school
6. Eliminate federal taxes on business
7. Increase the standard income tax deduction, annually. 
8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.
9. Federal ownership of all banks
10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest. MONETARY SOVEREIGNTY