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. ================================================================================================================================================================== Many people voted for Barack Obama, because he promised change, and the people wanted change — change from the old cronyism, the old feed-the-rich, the old political BS that every day widens the gap between the rich and the rest. Obama didn’t deliver. We didn’t recognize that he was a product of the cronyism, feed-the-rich, Chicago-style political BS.
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