13 June 2008 Thought for the Week:
Is it possible to have a
financial system that does not indebt us as we become richer?
Yes, there is one, it was proposed to the world in 1918: Social
Credit.
Social Credit does not create un-payable debts because it would
cause money to be created to the rhythm of production and to disappear
to that of consumption.
If it is somehow possible in a limited time to consume more than
we produce because of earlier surpluses, it is impossible on the
whole to consume more than that which is produced. No one can
make a loaf of bread, a pair of boots, or a pin disappear that
was not first produced.
If money would arrive according to production and disappear according
to consumption the system of progressive indebtedness would be
inconceivable.
An individual or a group of individuals could certainly still
indebt themselves but on the whole the common debt would not exist.
On the contrary real total enrichment would express itself by
a total financial enrichment; and instead of taxes and surcharges
(GST) on prices, individuals would receive dividends and discounts
on prices.
The present system is a lie; it is a false accounting. Social
Credit would be a just accounting; an exact financial expression
of economic realities. The present system can only produce rotten
fruit. Social Credit would produce good fruit, in abundance for
all.
- - Taken from Louis Even's "In This Age of Plenty"
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IS IT SENSELESS ? NOT ON YOUR KNIFE !
by James Reed
According to The Weekly Telegraph (21-11-27-11-07, p.19)
the US is planning new weapons to take on rogue States and China.
The Falcon, at US$459 billion is a hypersonic plane that flies at
six times the speed of sound and would be capable of dropping 12,000
lbs of bombs on any city (embracing economic nationalism that is)
within minutes. If an attack by a rogue nation was about to occur
on Israel, a defence analyst is quoted as saying, the enemy would
be destroyed in minutes. This is needed given China's anti-satellite
weapons capacity.
Even the Australian Defence Force is getting
in on the act: "ADF Needs Power to 'Take on Asia Threat'" The
Australian 25/3/08 p.4. They want the capacity to "rip the arm
off" any Asian power. Even China? India?
But we are fed a constant stream of biff telling us that Asia loves
us and we love them, that we are their 'bride'. How could Asian
Kevin Rudd live with the thought that there are ADF people who actually
believe that some of the Asian giants "may not be friendly"?
But it is not senseless. The lies about Asia
are needed to keep the globalist economic strategy going. If that
stumbles, then the masters of war, the Mother Courages in their
war wagons, now travelling at supersonic speed, get let loose to
kill.
War and the making and selling of weapons
of war is the biggest business next to financial alchemy. Why aren't
the gun banners dealing with this issue: could it be that they are
discriminating against small private guns?
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IN CASE OF ANY FUTURE WAGE-SLAVE UPRISINGS
?
The following media release when read in
conjunction with the above article by James Reed is rather sobering
reading: "The Parliamentary Secretary for Defence Support, the Hon.
Dr Mike Kelly AM MP, today (23/5/08) welcomed the launch of the
Australasian Civil Military Police Network (ACMPN) in Canberra.
The ACMPN is an initiative of the Australian Homeland Security Research
Centre and aims to assist in strengthening relationships between
civil and military personnel to support preparation for operational
responses to natural disasters and emergencies overseas. (Australia
would be 'overseas' to the Asian nations involved in the network 'ed)
The network will consult widely through online forums and events
which will engage a range of civil and Government stakeholders.
In launching the network Dr Kelly said, "The
concept for this initiative is consistent with the Government's
plans to improve co-ordination between non Government and Government
agencies involved in peace-building, (don't you just love the term
'peace building'. What you think is meant by 'peace building' is
not the same thing as what these people mean! 'ed) stabilisation
and reconstruction efforts ('reconstruction'? along the lines of
the Iraqi 'reconstruction efforts'? 'ed) in response to international
emergencies.
"The launch of the network also complements
a core election commitment to establish an Asia Pacific Centre for
Civil-Military Co-operation." The Asia Pacific Centre for Civil-Military
Co-operation will draw upon expertise across Government agencies
and the Non Government Organisation sector to help strengthen the
effectiveness of Australia's international emergency management
capabilities."
Should any of the present wage-slaves feel
the urge to protest against these further moves towards a regional
police-military force, the media contacts for the Rudd regime's
plans are:
Mark Sjolander (for Dr Mike Kelly): 02 6277 4840 or 0407 102 220
and Defence Media Liaison: 02 6265 3343 or 0408 498 664
Mr. Rudd has just announced he wants to
see an Asian Union along the lines of the European Union! And you
thought he was for Australia and Australians!
The Labor Fabians are busily beavering away at the foundations of
this commonwealth imposing their Capitalist-Marxist one-world agenda
upon us.
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WE WERE ONCE NEARLY FREE OF THIS
PARASITE
A parasite is: an animal or plant that lives
in or on a host (another animal or plant); the parasite obtains
nourishment from the host without benefiting or killing the host.
But the history of mammon points to the fact that unless this type
of parasite is kept in check, it eventually mutates into a pathogen!
Under the heading "The History of the Commonwealth
Bank" the following summary was prepared in 2002 by W.L. Rusterholtz
from the following books and reports:
"The Story of the Commonwealth Bank", by D.J. Amos. F.CI. S.;
"The Commonwealth Bank of Australia" by C.C. Faulkner and
"Australia's Government Bank" by L.C. Jauncey, Ph.D.
The quoted figures were taken from:
Official Year books 1910-1939;
Commonwealth Bank Balance Sheets 1912-1945;
Australian Statistics Bulletins, 179, 180, 188;
Report of the Royal Commission on the Australian Monetary and Banking
Systems 1935.
And so history began:
"Immediately after Federation King O'Malley M.P., fought for the
founding of a 'People's Bank' to eliminate the danger of Australia
becoming an indebted Nation. The Bill to enable the setting up of
the "Commonwealth Bank" was introduced by the Labor Government and
passed by the Parliament in 1911. The Bank was then set up under
the control of a Governor who was appointed for seven years and
was then authorised to raise 2 million Pounds by the sale of the
Bank's debentures. (A debenture is a bond that is backed by the
credit of the issuer but not by any specific collateral. In this
case it was really 'backed by the present and potential productive
capacity of the Australian people' 'ed)
The Bank issued its debentures which
were sold for a stated term at a fixed interest rate. In June 1912,
Mr. Denison Miller (later Sir Denison.) was appointed Governor of
the Commonwealth Bank, then in January 1913 the Commonwealth Bank
opened for business.
Early achievements:
It created a loan of '500 million Pounds to finance the war at
an interest rate of less than 1%. At this time, Australia would
have had to pay 6.5% on the London money market.
At 1% the Bank made a profit, then at the end of the war the Bank
cancelled the '500,000,000 war debt to correctly reflect the colossal
loss of life of men and war materials.
It created '872,000,000 to finance pools for wheat, wool, meat,
butter, cheese, rabbits and sugar.
It created '8,000,000 for the construction of Australian houses.
It created '4,000,000 for building the Commonwealth Fleet of Steamships.
It created '18,720,000 for lending to Local Government Councils
for building roads, harbours, gasworks, electric power plants and
distribution equipment etc.
It enabled the Government to transfer abroad '7,100,000 for payment
to Australian Troops overseas.
It created further enormous amounts of money for post-war reconstruction.
The Commonwealth Bank could have continued to finance the nation
and could have protected Australia from the effects of the "Great
Depression" in the 1930s. However Sir
Denison Miller died suddenly in 1923, then as a result of
pressure from the private Banks the Bruce-Page government amended
the Commonwealth Bank Act, placing the bank in the hands of a Board
of Directors recruited from the private Banking sector. Consequently
the Bank was never thereafter allowed to compete against the private
Banks contrary to its original charter.
Finally the Hawke government in the 1980's sold the Commonwealth
Bank to American Banking Corporations.
The enormous value of the Commonwealth Bank
to Australia, was underlined by the Statement from the Chairman
of the Royal Commission on Money and Banking in 1937 when he said:
"The Commonwealth Bank can make money available to Governments or
to others on such terms as it chooses, even by way of a loan without
interest, or even without requiring either interest or repayment
of principal"!
The Nation's money supply (credit) is now
being created by the Reserve Bank and other private Banks and ownership
of all credit is claimed by them, distributed as loans which are
interest-bearing debts.
All money except notes and coin is totally invisible. Like the wind
and electricity, we see only its effects. As Proverbs 22:7 continually
reminds us: "The borrower becomes the lender's slave."
Further interesting reading on how Australia
was successfully financed can be found in the following booklets.
1. - The story of the Commonwealth Fleet of Steamers.
2. - The story of the Commonwealth Railway and the Note Issue.
3. - The story of the Commonwealth Woollen Mills.
4. - The story of the Commonwealth Oil Refineries and the search
for oil.
5. - The story of the Commonwealth Wireless Service.
All the booklets are available from the Heritage
Book Services and Veritas Publishing. Send for a list of relevant
books to your nearest service.
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NEVER, NEVER,
DOWNPLAY THE HOLOCAUST
by Peter Ewer
The things academics get up to. Ben Kiernan, director of the genocide
studies program at Yale University, is author of "Blood and Soil:
A World History of Genocide and Extermination from Sparta to Darfur"
(Yale University Press, 2007). He was criticised by Mervyn Bendle
"Guilt Merchants Make Us Out to be Worse Than Hitler" The Australian
27 March 2008.
Kiernan responded:
"Mr Bendle, Try Reading my Book with Both Eyes," The Australian
2/4/08. Even though Kiernan says that the Holocaust is "unique"
Bendle claims that "Blood and Soil" "ignores anti-Semitism and totalitarianism"
and "deliberately deflects attention away from Adolf Hitler and
other murderous regimes." It seems that not enough pages were devoted
to the holocaust according to Bendle.
Kiernan sets him straight by showing there were heaps more pages
than Bendle quoted. And footnotes to boot! It just goes to show
that even among the 'politically correct' there are still red-hot
matters of debate!
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AND THE WINNER IS '
Pepe Escobar in the Asia Times 3/6/08
writes:
" the Israel lobby. They're all here - and they're all ready to
party. The three United States presidential candidates - John McCain,
Hillary Clinton and Barack Obama. Madam House speaker Nancy Pelosi.
Most US senators and virtually half of the US Congress. Vice President
Dick Cheney's wife, Lynne. Secretary of State Condoleezza Rice.
Embattled Israeli Prime Minister Ehud Olmert. And a host of Jewish
and non-Jewish political and academic heavy-hitters among the 7,000
participants.
Such star power wattage, a Washington version
of the Oscars, is the stock in trade of AIPAC - the American Israel
Public Affairs Committee, the crucial player in what is generally
known as the Israel lobby and which holds its annual Policy Conference
this week in Washington at which most of the heavyweights will deliver
lectures.
Few books in recent years have been as explosive
or controversial as The Israel Lobby and US Foreign Policy, written
by Stephen Walt from Harvard University and John Mearsheimer from
the University of Chicago, published in 2007. In it, professors
Walt and Mearsheimer argued the case of the Israeli lobby not as
"a cabal or conspiracy that 'controls' US foreign policy", but as
an extremely powerful interest group made up of Jews and non-Jews,
a "loose coalition of individuals and organizations tirelessly working
to move US foreign policy in Israel's direction".
Walt and Mearsheimer also made the key point
that "anyone who criticizes Israeli actions or says that pro-Israel
groups have significant influence over US Middle East policy stands
a good chance of being labeled an anti-Semite". Anyone for that
matter who "says that there is an Israeli lobby" also runs the risk
of being charged with anti-Semitism.
All the candidates in the House say yeah...
Republican presidential candidate McCain is opening this year's
AIPAC jamboree; Clinton and Obama are closing it on Wednesday. Walt
and Mearsheimer's verdict on the dangerous liaisons between presidential
candidates and AIPAC remains unimpeachable: "None of the candidates
is likely to criticize Israel in any significant way or suggest
that the US ought to pursue a more evenhanded policy in the region.
And those who do will probably fall by the wayside."
AIPAC keeps a very close relationship with
an array of influential think-tanks, like the American Enterprise
Institute, the Center for Security Policy, the Hudson Institute,
the Jewish Institute for National Security Affairs, the Middle East
Forum, the The Project for the New American Century (PNAC) and the
Washington Institute for Near East Policy. Sprinkled neo-cons in
these think-tanks can be regarded as a microcosm of the larger Israel
lobby - Jews and non-Jews (It's important to remember that Richard
Perle, Douglas Feith, David Wurmser and five other neo-cons drafted
the infamous "A Clean Break" document to Benjamin Netanyahu in 1996
- the ultimate road map for hardcore regime change all over the
Middle East.)
The house that AIPAC built
AIPAC in the US Congress is a rough beast indeed. Former president
Bill Clinton defined it as "stunningly effective". Former speaker
of the House of Representatives Newt Gingrich called it "the most
effective general-interest group across the entire planet". The
New York Times as "the most important organization affecting
America's relationship with Israel". Embattled Israeli Prime Minister
Ehud Olmert, before his involvement in a corruption scandal, said.
"Thank God we have AIPAC, the greatest supporter and friend we have
in the whole world."
AIPAC maintains a virtual stranglehold over
the US Congress. Critics of the Israel lobby other than Walt and
Mearsheimer also contend that AIPAC essentially prevents any possibility
of open debate on US policy towards Israel. Compare it with a 2004
report by the Pentagon's Defense Science Board, according to which
"Muslims do not hate our freedom, but rather they hate our policies".
AIPAC and Iran
Now it is Iran time. Walt and Mearsheimer contend "the lobby is
fighting to prevent the US from reversing course and seeking a rapprochement
with Tehran. They continue to promote an increasingly confrontational
and counterproductive policy instead". Not much different from the
embattled Olmert, who told Germany's Focus magazine in April
2007 that "it would take 10 days ... and 1,000 Tomahawk cruise missiles"
to set back Iran's nuclear program. A measure of Walt and Mearsheimer's
power to rattle reputations is that the Zionist establishment had
to bring out all its big guns to refute their argument, again and
again. Walt and Mearsheimer are no ideologues. They are realpolitik
practitioners - very much at ease in the top circles of US foreign
policy establishment. Perhaps the most fascinating aspect of their
book is that they argued four points that the establishment never
mentions in public.
Essentially these are:
The US has already won its major wars in the Middle East, against
Arab secular nationalism and against communism, and does not need
Israel quite as much.
Israel is now so much more powerful than all Arab nations combined
that it can take care of itself.
The unconditional support for Israel, regardless of its outrageous
deeds, does harm US interests, destabilizes pro-US regimes like
Hosi Mubarak's Egypt and King Abdullah's Jordan, and plays into
the hands of Salafi-jihadi radicals.
Fighting Israel's wars on its behalf is the surefire way to lead
to the collapse of US power in the Middle East.
Walt and Mearsheimer also seem not to accept
that oil, and rivalry with Russia and China, have also played a
crucial part in why the US went to war in Iraq and may attack Iran
in the near future. Anyway only insiders as themselves - with unassailable
establishment credentials - could have started, at the highest levels
of public debate, a serious discussion of extreme pro-Zionism in
the public and political life of the US."
Full article at: https://www.atimes.com/atimes/Middle_East/JF03Ak01.html
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THE PAWNS OF PORN
by James Reed
Every once in a while the mainstream media - be it print or electronic
- does a special on pornography. The text is predictable: there
is an excuse to publish a full page nude, as we have never seen
it before, and might become confused without glossy pictures.
The Weekend Australian Magazine, February 23-24/2008,
"Is it Art or Is it Porn?" was true to form. The opening page has
a photograph in black and white of a young female's behind.
The article begins with the standard relativistic
whitewash: how can you really tell the difference, what is pornography
and what is art? After all Titian's Venus at Urbino (1538), a famous
painting of a nude was controversial in its day. Pornography is
a social construction. Such, as I read the article, is the basic
argument of the book by Alan McKee and others in "The Porn Report".
Pornography now is mainstream and although
there was a feminist critique of porn in the 1970s and 80s, porn
is now 'hip' with an affluent Y generation of upwardly mobile females
consuming it. The extract from The Weekend Australian contained
only one paragraph indicating the author's attitudes to the argument
that pornography can be psychologically harmful and this was to
dismiss the argument.
I don't have access to the book as yet and maybe the authors will
tackle some hard problems - like the effects of pornography on child
sex abuse in outback Aboriginal communities. But, I will not hold
my breath waiting.
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LETTERS TO THE PRESS
Rudd's Asian union: To the Editor,
The Australian, 5th June 2008
Australians who cherish freedom and
decentralisation should oppose strongly Mr Rudd's proposal for an
Asia-Pacific Union comparable to the European Union ('Rudd to drive
Asian Union', 5/6).
They should remember that the Labour government in Britain is trying
to force the British people to fully integrate in the EU against
massive popular resistance. That government had to resort to promise-breaking
and deceit in order to ratify the infamous Treaty of Lisbon in the
British House of Commons in March.
The majority of Britons are aware that the EU is a monstrous bureaucracy
and tyranny-in-waiting which has no respect for traditional legal
safeguards of personal liberty and intellectual independence.
It is significant that Mr Woolcott has admitted that Australia is
being used as a front, to avoid other nations backing away. However,
it is not so much the US or China or Japan that is to be feared
as the secret prime mover, but international financial interests
which these days seem to have even major nations in hock. Is this
new project the real reason for the continual agitation for the
termination of our monarchy?
- - Nigel Jackson, Belgrave Vic.
Tippling after midnight: To the Editor,
Herald Sun 2/6/08:
Dear Editor,
Putting more police on the street in areas prone to drunken violence
is simply shutting the stable door after the horse has bolted.
The problem should be dealt with at the source. In many places liquor
is the only commodity available after midnight. Why should tipplers
be able to continue when you can't even buy a litre of milk for
breakfast?
- - Ron Fischer, Sebastopol Vic
LETTER IN THE PRESS:
The high price of crude oil will not persist
for long:
The Editor, The Weekend Australian 31/5-1/6/2008.
What's all this fuss about oil prices?
At $US130 a barrel in recent days, it cannot be anything other than
a bubble for several reasons. First, at well below this price, unconventional
crude, i.e. tar sands and oil shales become economically attractive
and the world has essentially unlimited resources of these unconventional
crudes. Second, the Persian Gulf is full of supertankers at anchor
fully laden with crude oil because they cannot find a market, and
third, BP's recently published Statistical Review states that world
crude oil reserves have actually increased by 15 per cent.
The gathering US recession will greatly
reduce the demand for oil products during the US summer "driving
season", which accounts for a significant part of world demand for
oil, and when this happens - it will become apparent in August -
US oil inventories will rise.
The Arab oil producers in OPEC will react in their customary way
by dumping oil on to world markets at any price. This will happen
before Christmas 2008 and when it does, the price of crude will
plummet, as it has done before.
The truth is that crude has reached
current prices because of hedge funds and refinery constraints,
not because of economic fundamentals. So, it's not necessary to
alarm people, including our politicians, with stories of peak oil
and only 40 years' supply left, as I heard on ABC-TV's Lateline
on Wednesday night.
Anatole Kaletsky ("A crude detachment from the real world", Opinion,
23/5) got it right: the doubling of oil prices in the past nine
months is being driven by a financial bubble.
- - Stan Yeaman, (the author, is a retired
oil executive) City Beach, WA
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WILL THERE ALWAYS BE AN ENGLAND ?
The following report highlights the real
agenda behind the Racial and Religious Vilification legislation
imposed upon western nations. We wonder, will the Christian Church
leaders stand up to be counted, thus defending the rights granted
them as long ago as 1215AD under Magna Carta?
"The End Of England? From Investor's
Business Daily , posted Monday, June 02, 2008
Culture: Two Christian preachers in Britain have been told that
trying to spread the gospel to Muslims is a hate crime. It's another
sign that much of England has given up on being England. British
media are reporting that Arthur Cunningham and Joseph Abraham, American
evangelical ministers who've been living in Great Britain for years,
were told by a police community support officer to "stop handing
out gospel leaflets in a predominantly Muslim area of Birmingham."
Cunningham said the officer told him and
Abraham in February that they "were in a Muslim area and were not
allowed to spread our Christian message. He said we were committing
a hate crime by telling the youths to leave Islam and said that
he was going to take us to the police station." The men also said
the officer told them that if they returned, they would "get beaten
up." It's not clear from media reports who would administer the
beatings, the Muslims or the police.
Either way, this is another disturbing example
of a great nation ceding its culture because its elites are too
invested in political correctness (read Cultural Marxism) . They're
so intent on establishing themselves as models of tolerance and
moral defenders of diversity that they're willing to be cowed by
the radical elements of Islam that are eating away at their civilization.
Already the archbishop of Canterbury, Rowan Williams, has said that
"Shariah law is inevitable" in the United Kingdom, and menacing
no-go areas in Muslim neighbourhoods where non-Muslims should fear
to tread have cropped up.
Maybe Williams has given up. But one Anglican
bishop, a brave soul who happens to have a Muslim name, has not.
Pakistan-born Michael Nazir-Ali, the Bishop of Rochester, has made
it clear that England has to fight for its cultural life and cannot
yield to Islamic extremists who he says are taking advantage of
the moral vacuum left by a nation that has largely abandoned Christianity
in the wake of the 1960s cultural revolution.
As Archbishop Williams was busy surrendering
his nation and his faith earlier this year, Nazir-Ali dared to publicly
refer to the no-go areas in Muslim neighbourhoods and blame them
on government multicultural policies that create divisiveness. For
that, this courageous clergyman has received death threats.
England would do well to listen to Nazir-Ali, tune out Williams
and resist giving in to the impulses of opinion shapers who have
opted for moral cowardice. If not, there will be no England, no
Great Britain, left..."
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