16 March
2007 Thought for the Week: "The assumptions
in the "Full Employment" policy point to the philosophy from which it
is derived - Monism. Monism may be either materialist or idealist. Materialism
proposes that only matter exists. Men therefore are merely matter, and as such
should be organised as blades of grass are organised to make a field. It follows
then that the highest activity open to man is the production of material goods
and in this he is subordinated to the Group effort. - - Anthony Cooney in "Social Credit: Politics" a Gild of St. George Pamphlet. |
THE SAD AUSTRALIAN TAX STORYby
Jeremy Lee This averages
out at over $10,000 for every man, woman and child in Australia, (assuming a population
of 21 million). But
that is not the end of the story! A
government-job-creation scheme! Debt, debt
and more debt! Australians
live week-to-week by debt: If current boom conditions give way to any recession (and many are saying this is imminent) Australia will be hit harder than most. The money-lender will be knocking at every door! Even our politicians might be forced - heaven preserve us! - to curtail their lavish life-styles! WHAT
DO WE DO? |
IT'S THE MONEY, HONEY!by
James Reed Now there is another one, written from a perspective sympathetic to Social Credit, but advocating a 'pluralist' approach to the money problem: Diedre Kent, Healthy Money, Healthy Planet: Developing Sustainability Through New Money Systems (Craig Patton Publishing, Nelson New Zealand 2005). Kent, although from a left and green perspective, is highly sympathetic to social credit and its analysis of the instabilities produced by the present 'diseased' financial system - which is likely to collapse. Fractional reserve banking is "the world's biggest confidence trick" (p.15). Banks are free to create credit lending out money on interest, without providing the money to repay the interest. A debt spiral is created as borrowers as a group cannot repay the principal and interest without still further borrowing - which creates the problem all over again. Borrowers thus fall further and further into debt. The gap between rich and poor increases. Money is often borrowed from offshore lenders, ultimately making nations vulnerable. Further, because the interest charged is compound interest, such money systems are mathematically unstable and prone to collapse. Kent, herself a mathematician, says that a single penny invested at the time of the birth of Christ at a 5 per cent interest rate would today "buy 134 billion balls of gold equal to the weight of the earth at modern gold prices." (p.22) Economic globalisation also arises from this unsustainable financial system, as governments attempt to pay off debts incurred to commercial banks and international banking agencies, by "export warfare", exporting more than they import. As Kent puts it: "as a consequence of this competition, large corporations transport ever-cheaper (in financial terms ed) goods around the world, leading to a lowering of commodity prices. The push for exports means a wasteful and accelerating growth of trade, with identical goods criss-crossing the globe, adding to global warming, damaging the lifestyle and cultural integrity of indigenous people, and reducing the self-reliance of local communities. Democracy is continually eroded as centrally planned corporations colonise the world, usurping the power of democratically elected governments. This loss of democracy is further exacerbated as central banks come increasingly under the influence of the money markets." Kent agrees with social crediters
that the present unstable financial system needs radical change, with an abandonment
of fractional reserve banking as presently practised. This need not involve the
"communistic" "nationalisation" of banking, as old time League actionists such
as Eric Butler recognised. Irving Fisher in 100% Money observed that the same
European banks in the 17th century did not use fractional reserve banking and
fully backed all their receipts by deposited assets - and still made a profit.
Governments should also be able to create money directly when needed for productive
projects, rather than allowing the banks to create it and then Governments borrowing
it at interest. Kent describes these complementary currencies in detail. Included is the LETS (Local Exchange/Employment and Trading System) which works best among small groups of less than 200 people. Barter is also an option on a small scale or a large - commercial trade barter. In the age of computers, barter need no longer be crude, and indeed 40 per cent of the world's economy is comprised of barter. At a State level there are also various schemes such as Bartercard, set up in Queensland in 1991 and now in New Zealand. Roy Netzer, Managing Director of Bartercard New Zealand is quote as saying: "By circulating the money around these businesses, we will make them all healthier and protect them from the biting economy outside." (p.159) Also discussed in the book are privately issued currencies such as tradesmen's tokens, and even Fly By Points! The important lesson of complementary currencies is that people can devolve financial power and 'democratise' money. And that is one of the central messages of social credit as well. FOR
FURTHER STUDY: |
ROTTEN TO THE COREby Ian Wilson LL.B.: Actionists
need to read this book because many have delusions of grandeur about the court
system. Here is the antidote, with stories of convictions based on falsified confessional
evidence, crooked cops taking bribe money and on it goes. The Wrong Side of the
Bench |
SELF-FULFILLING PROPHECIESby Brian Simpson The
same reason answers this story Thus, only elites who want to destroy Europe and create racial warfare would have brought in mass numbers of Muslims. On the other hand, taking in "refugees" to use them to solve our "skills crisis" which should be solved by training our own people, is just exploitation of Africans, a continuation of colonialism. The
British 'veil' debate is also explicable within the racial suicide paradigm. Muslim
women wearing nikabs, burkas and other face coverings, according to the former
British Foreign Minister Jack Straw, made "better, positive relations" between
communities "more difficult". The veil was a "visible statement of separation
and of difference." Well, surprise, surprise multiculturalists, what did you expect? Newcomers must change, one will say. But who says they will? They haven't yet. I do not blame the migrants: I blame our cultural elites who have in a real racist fashion used these people as pawns in their Grand Plan. |
SEPARATISM SURPRISEby Brian Simpson The idea that education and wealth creation eliminate radicalism is rejected by Investor's Business Daily in the light of recent large-scale US Gallop Poll that found that the "most radical among Muslims - those who support jihad - earn more and stay in school longer." Thus the liberal antidote for Islam extremism is a failure. Western contact thus acts as an accelerant
for jihadism: As has already been quoted,
the editorial in Investor's Business Daily concludes: Back in Australia a special Newspoll proclaims that after a "representative" sample of Australians concerned about Muslims in Australia travelled to a special conference to hear 'experts' and 'religious leaders' that the number of individuals concerned about Muslims fell from 35 per cent to 21 per cent. (The Australian 5/3/07 p.11) The Australian's headline
read "Muslim debate softens opinions." As always for the new class, it is alleged Anglo Saxon 'prejudice' which is the problem. But I do not concur: it has been Anglo Saxon liberalism and tolerance to all which has led to the twilight of the race. |
WILL OSAMA VOTE FOR OBAMA?by Peter West John Howard tells us that US presidential hopeful Barack (as in "Iraq") Obama (rhymes with "Osama") is the sort of candidate that al-Qa'ida would vote for (the man for "bin"): "if I were running al-Qa'ida in Iraq, I would put a circle around March 2008 and be praying as many times as possible for a victory not only for Obama but also for the Democrats" ("Terrorists to Cheer for Obama: PM," The Australian 12/2/07 p.1). These remarks
drew return fire from the man Barak Obama (oops, like a major US newspaper I almost
typed "Osama"), described by Democrat presidential candidate Joe Biden as the
"first mainstream African-American who is articulate an bright and clean," remarks
for which I think he is still saying "sorry, sorry
" Barak, modern politics is all just a bunch of empty rhetoric, but being like "lightning in a jar" as Joe Biden has later described you, you will of course know that. Barak Obama is the black son of a Muslim father.
He has claimed that his father was a goat herder. Ted Sampley of US Veteran
Dispatch 29 December 2006 (<http//:www.usvetdsp.com/dec.06/obama_muslim.htm>)
says that researchers have uncovered that Obama's grandfather was a wealthy farmer
and that his father was rich. So, is America ready for a "Muslim" president, or one which the Muslim world will see as such? Certainly he has all the qualities which the new world order wants in the next American president: pro-immigration, pro-abortion, anti-gun, pro-same sex marriage- you name it. He will out-Clinton Hillary. |
BEWARE OF THE SWEAT!by
James Reed This was an important political event because otherwise the establishment would have a big, big, ideological problem on their hands. The issue of quarantining politically correct groups would have had some force. But now researchers who have published their results in the British Journal of Sports Medicine have found concentrations of the Hep B virus in the sweat of Turkish Olympic wrestlers. These researchers now recommend that people playing contact sports should be vaccinated against disease. But there is a wealth of information on the internet by alternative health folk (which may or may not be correct) about the alleged dangers of vaccinations in general and the Hep B one in particular, so my mind is not made up. Wouldn't it be best not to play with sweaty Turkish wrestlers and the like - or perhaps wear the equivalent of a full-body condom? In any case, if established medicine got it wrong on Hep B, maybe they got it wrong with AIDS as well? (Source: The Australian 3-4/3/07 p.3) |
CELEBRATE REFUGEES?From Len the Cleaner First, if one was to actually "celebrate refugees" then wouldn't this imply "support" as well? Isn't the insert a tautology? And then, even if one was the most pinko of pinkos, and liberal of liberals, and so left of left that one had turned full circle and become "right", would one really celebrate refugees? Isn't that discriminating? Would one "celebrate" what is by definition a problem State? Would homelessness or the homeless, alcoholism or alcoholics be celebrated? The more one reflects, the more that one finds utter conceptual confusion in the little slogan. What are refugees? People who flee their homes for safer territory. They may be persecuted or a war may be happening. But the refugee goes. Others stay and fight for freedom and many die. Sometimes those brave souls who stand their ground win and change history. How about celebrating them - those that stand and fight? |