27 August 2004. Thought for the Week:
"Publicity & Credit: We are witnessing in the world
today the culmination of an age long conflict between reality
and superstition. As far back as history extends, superstition
has been used as a tool, perhaps the most powerful tool, to
hold humanity in bondage. I am strongly of the opinion that
its last fortress is in finance. What I might call the hypnotism
of money, the idea that it was a thing in itself, and that
its plentifulness or scarcity was a controlling factor in
the prosperity or adversity of each one of us, has, while
inflicting untold misery on millions, placed almost unlimited
power in the hands of the witch doctors who were custodians
of its secret. If those days are not over yet, I still believe
them to be passing very quickly. I think that the day is coming
very soon when neither publicity will control credit, nor
credit be able to control publicity, but that both will be
servants of reality."
C.H. Douglas, "New Britain", January-March, 1933.
INFLATION VIS-À-VIS THE NATIONAL
by Anthony Cooney:
Following on from last week's "Modern Commercial Credit"
and Diane Boucher's Social Credit discussions, we offer Anthony
Cooney's input. He develops the subject further.
He writes: "As the question of Inflation vis-a-vis the
National Dividend has come up, I offer a few suggestions.
First: I regard the definition, "Inflation is too much
money, chasing too few goods," as the "Romantic
Theory of Inflation." It supposes either a degree of
intelligence exchange between retailers which simply does
not happen, or alternatively a uniform reaction of retailers
to a measurable increase in public spending power; which is
to suppose a great deal indeed! This Romantic Theory of Inflation
was a staple of U.K. Ministry of Information propaganda throughout
the last war.
Dior's 'New Look' exploded the fallacy
There was even a cartoon character who, observing two people
looking at the same article in his otherwise empty shop window,
hastened to change the price tag to a higher one. "Too
much money chasing too few goods" became a mantra which
is evidently still causing us problems. Oddly enough nobody
could find the "too few goods"; shop windows and
counters remained reasonably full and I have never met anyone
who considers that they have too much money!
In fact the fallacy was exploded in 1948 when Dior introduced
the "New Look" in women's fashions. The ready-made
clothing industry was faced with disaster, for, as quickly
became manifest, not merely the Department Stores, but also
the Warehouses, were stacked with clothing, withheld from
the consumer by rationing, and not by "too much money."
Clothing coupons were abolished, literally overnight, by announcement
on the B.B.C. and the Department Stores launched mammoth sales
to get rid of obsolescent stock.
So, what is the Douglas definition
It is "An increase in the supply of money accompanied
by an equal increase in prices." That is not a Romantic
Theory, it is a mathematical theorem which can be demonstrated
by the A+B Theorem which shows that all costs (including taxation)
must be recovered in prices. Increases in costs result in
increases in prices as cause to effect.
Either Douglas was right, or Douglas was wrong. If Douglas
was wrong that does not mean that either Keynes or Friedman
were right. The results of implementing their theories argue
strongly that they too were wrong. It might be that everyone
is wrong, which leaves us with the Copernican/Lockian theory
that money is a natural phenomenon, subject to the Laws of
Nature as much as are the wind and tides. In which case there
is nothing anyone can do about it except endure The Tragedy
of Human Effort. Is there anyone
who still seriously propounds the Copernican/Lockian theory?
We might here consider what is the object
of the National Discount? Now I don't think it is what we
all assume it to be--namely to reduce prices--that is an effect
of the Discount. Its forgotten object is to eliminate the
detritus of past costs (the "costs" of dead labour)
from current prices, thus achieving "The Just Price,"
that is the cost of all the consumption incurred in production.
Let us remember that Social Credit has a political theory
as well as a monetary theory. Any "method" of implementing
Social Credit should be measured against the political axioms,
and the first of these is:
"The Administration must not have access to the National
Credit, save by the consent of the Commons in Parliament/Congress
who accept, or reject the Administration's 'Bill'."
Put another way, the Administration's
revenue ought to come entirely from approved and accepted
taxation--preferably directly of the banking system, as I
have suggested in the Abolition of Income Tax.
Apropos that the New Zealand Democratic Party for Social Credit
have announced a very similar policy: Financial Transaction
Our policy will:
· Replace GST (VAT) income and company tax with a financial
· Set the level of transactions tax at a low percentage.
· Relieve businesses of compliance costs when GST is
· Collect the tax through data bank facilities on every
· Make the total amount of revenue raised available
for Government spending as there will be no collection cost,
just bank transfer.
· Automatically increase everyone's spending power
as the GST level is far higher than any transactions tax need
Further details from www.democrats.org.nz
U.S. Australia Free Trade Agreement
The following is a brief summary of what the Office of the
United States Trade Representative, Washington, DC, thought
of the Australia-America Free Trade Agreement, as posted on
their website February 8, 2004:
"'Two-way annual Goods and services Trade with Australia
is about $28 billion, and the U.S. has a $9 billion trade
surplus with Australia. Australia is America's 9th largest
goods export market.'
An FTA for America's Manufacturing
More than 99 percent of U.S. manufactured exports to Australia
will become duty-free immediately upon entry into force of
the Agreement. This is the most significant immediate reduction
of industrial tariffs ever achieved in a U.S. FTA, and will
provide benefits for America's manufacturing workers and companies;
U.S. manufacturers estimate that the elimination of tariffs
could result in $2 billion per year in increased U.S. exports
of manufactured goods. There will be significant benefits
for such key U.S. manufacturing sectors as autos and auto
parts; chemicals, plastics and soda ash; information technology
products; electrical equipment and appliances; non-electrical
machinery; fabricated metal products; construction equipment;
paper and wood products; furniture and fixtures; and medical
and scientific equipment.
New Opportunities for U.S. Farmers
All U.S. agricultural exports to Australia, totalling more
that $400 million, will receive immediate duty-free access.
Key agricultural products that will benefit from immediate
tariff elimination include processed foods, soups and bakery
products, fruits and vegetables, dried onions, fruit and vegetable
juices, dried plums, potatoes, almonds, tomatoes, cherries,
raisins, olives, fresh grapes, sweet corn, frozen strawberries,
and walnuts. Food inspection procedures that have posed barriers
in the past will be addressed, benefiting sectors such as
pork, citrus, apples and stone fruit.
Sensitive to Agricultural Concerns
The FTA is sensitive to concerns that have been expressed
by Congress and U.S. beef and dairy farmers, and the agreement
uses tariff-rates quotas (TRQ) to respond to these concerns
while increasing trade.
U.S. above-quota duties will be phased out over an 18-year
period, and initial increased imports from Australia under
the TRQ quota will amount to about 0.17% of annual U.S. beef
production, and 1.6% of annual U.S. beef imports. The quota
increases will take effect when U.S. beef exports return to
their 2003 (pre-BSE) levels, or three years after effective
date of the agreement, whichever comes first. Safeguards will
be available, including a price-based safe guard after the
There will be no change in the U.S. MFN above-quota tariff
on dairy products subject to quotas, and initial increases
in imports from Australia under the TRQ quota will amount
to about 0.17% of the value annual U.S. dairy production,
and about 2% of the value of total U.S. dairy imports.
Access to Services and Investment
Australia will accord substantial market access across its
entire services regime, offering access in sectors such as
telecommunications, express delivery, computer and related
services, tourism, energy, construction and engineering, financial
services, insurance, audio/visual and entertainment, professional,
environmental, education and training, and other services
sectors. In broadcasting and audiovisual services, the FTA
contains important and unprecedented provisions to improve
market access for U.S. films and television programs over
a variety of media including cable, satellite, and the Internet.
Most U.S. investments would be exempted from screening by
the Australian Foreign Investment Review Board.
Recognizing the Importance of innovative
The U.S. and Australia note the importance of ongoing research
and development; of recognizing and appropriately valuing
the therapeutic benefit of innovative drugs; and of transparent,
expeditious, and accountable procedures. In implementing these
principles, Australia will make a number of improvements in
its Pharmaceuticals Benefits Scheme (PBS) procedures that
will enhance transparency and accountability in the operation
of the PBS, including establishment of an independent process
to review determinations of product listings. The FTA establishes
a Medicines Working Group to further promote the agreement's
public health principles through an ongoing dialogue between
the United States and Australia. In addition, the U.S. Food
and Drug Administration and the Australia Therapeutic Goods
Administration will work together to make innovative medical
products available more quickly.
Open and Fair Government Procurement
U.S. suppliers are granted non-discriminatory rights to bid
on contracts from 80 Australian central government entities,
including key ministries and government enterprises. These
commitments are particularly significant and commercially
important, because Australia is one of the only developed
countries that is not a party to the WTO Agreement on Government
Procurement. Both countries are also committed to extending
coverage of the agreement to sub-central entities, and will
be working with their respective states to refine the extent
of the coverage in the next few weeks. Australia will eliminate
its central government industry development programs, under
which suppliers have had to provide various types of offsets
as a condition of their contracts.
A Trade Agreement for the Digital
U.S. and Australian authors, performers, inventors, and other
producers of creative material will benefit from the higher
and extended standards the FTA requires for protecting intellectual
property rights such as copyrights, patents, trademarks, and
trade secrets and enhanced means for enforcing those rights.
The agreement calls for each government to adopt state-of-the-art
protection for digital products such as software, music, text,
and videos, and encourages adoption of measures to promote
trade through electronic commerce.
Strong Protections for Worker Rights and the Environment:
Ensures effective enforcement of labor and environment laws
and establishes labor and environmental cooperative mechanisms.
The agreement's dispute settlement mechanisms call for open
public hearings, public access to documents, and the opportunity
for third parties to submit views. Transparency in customs
operations will aid express delivery shipments and will require
open and public processes for customs rulings and administration."
AN APPEAL FOR ERNST ZUNDEL
The following appeal from Mr. Paul Fromm,
Director of the Canadian Association for Free Expression touched
a nerve. Ernst Zundel is, in truth, a political prisoner.
"But", you say, "that could only happen under
such regimes as the former U.S.S.R.- that Communist dictatorship."
Really? Are you aware Mr. Zundel is in prison because he dares
to express his views on matters considered by the ruling regime
to be 'politically incorrect'? We may not agree with Mr. Zundel's
views, but if we don't fight for his right to express them,
then the time will come when we also could be treated in the
same way. In 'politically correct' jargon, it is known as
a 'crime of expression'.
In an earlier communiqué Paul
Fromm wrote of :-
A Norwegian citizen, who was so outraged when he read on the
Internet what the thought police in Canada were doing to Zundel,
complained to the Canadian Embassy in his own country. "The
Embassy official was angry", he related, "denying
that Canada kept political prisoners or violated human rights."
The Norwegian citizen downloaded from the Internet a stack
of news' reports from mainline Canadian sources and was about
to head into Oslo to confront the Embassy official and show
him he was wrong.
Paul Fromm reminded us: "The Canadian
Establishment preens itself on its human rights record. It
sees Canada's role in the world as that of an unselfish do-gooder.
(Here in Australia, we call them 'do-gooders'. They are going
to 'do good to you', whether you want it done to you or not
Bwana Chretien announces another billion dollars in foreign
aid to Africa. Old socialist Stephen Lewis bangs the drums
for more funding for AIDS in Africa. The Canadian government,
unable to adequately defend our vast seacoast with sparse
and wildly obsolete equipment, still signs up for every UN
peacekeeping mission that comes down the pike.
The point is, throwing political dissidents into solitary
confinement is something that's supposed to happen in other
countries. (You mean just like what the Americans are doing
to the inmates of Guantanamo Bay?
The Canadian Establishment is uncomfortable
doing these things and especially does not want foreigners
to notice. If you live outside Canada, you can help Ernst
Zundel by NOTICING. Complain to the Canadian Embassy or nearest
Canadian consulate. Ask that political prisoner Ernst Zundel
be freed and demand a response."
Editor's comment: "Guantanamo: What the World
Should Know," by Michael Ratner & Ellen Ray is
a must read for all thinking Australians.
Michael Ratner, although writing primarily for an American
audience, reminds us all, we should take notice of how our
governments treat any of our citizens. What they are doing
to Ernst Zundel, David Hicks, et al today (John Howard take
note!) is what they could do to one or many of us tomorrow!
"Guantanamo" authors insist: "The president
does not have the right, nor the constitutional powers, to
act unilaterally. We are a country of laws where the people
cannot be imprisoned at the whim of the chief executive."
Paul Fromm continues writing about Ernst
Dear Free Speech Supporter: Mr. Justice Pierre Blais has a
pet phrase " but we're not there yet." The Sixth
Circuit Court of Appeals Judgement, discussed in the Knoxville
News article below is a victory but not the final victory.
The Court of Appeals has ruled that the German-born publisher's
rights were violated and that he was not allowed to pursue
an habeas corpus petition prior to being deported and banned
from the U.S. for 20 years.
* Habeas Corpus: A writ ordering a prisoner to be brought
before a judge. The right to obtain a writ of habeas corpus
as protection against illegal imprisonment.
The Court judgement said: "On remand, Mr. Zundel may
pursue his habeas corpus petition insofar as he challenges
his deportation order and insofar as that order has continuing
collateral consequences (e.g. the alleged 20 year ban on re-entry).
... For the foregoing reasons, we vacate the district court's
denial of preliminary relief."
Lawyer Peter Lindsay told me Sunday that the ruling may be
helpful down the line, but that more legal petitioning time
and money will end up being spent in the U.S. to actually
get Mr. Zundel permitted back into the country so that he
can argue against his deportation.
As Judge Blais might say, "It's good, but we're not there
Huge expenses have been incurred this summer and we face 13
days more of court in July (27), August (11, 30, 31) and September
(1,2, 14, and 16). We urgently need your help and pledge of
support today. Please mail us your contribution to CAFE (Zundel
Defence Fund), Box 332, Rexdale, ON., M9W 5L3, Canada. Send
a cheque or your VISA number and expiry date. You can also
e-mail your contribution by VISA.
HOLOCAUST DENIER GETS COURT REPRIEVE
by Jamie Satterfield, Knoxville News:
Sevier resident, being held in Canada, should be able to fight
deportation - 12th August 2004:
"A Holocaust denier booted from his Sevier County home
- and the country - should get a shot at arguing against his
deportation, a federal appellate court has ruled. Whether
Ernst Zundel, 65, will actually be allowed to appear in U.S.
District Court in Knoxville remains unclear, however. Zundel
is in solitary confinement in a detention centre in Toronto,
Canada, where he is accused of being a threat to that country's
Zundel is a German-born graphic artist and publisher whose
1980 pamphlet "Did Six Million Really Die?" rocketed
him to infamy as a Holocaust denier and - as some allege -
a neo-Nazi. He lived in Canada for decades, but had long been
denied citizenship. In 2000, Zundel entered the United States
on a temporary visa. He then married Ingrid A. Rimland, a
native of the Soviet Union who had become a U.S. citizen.
The couple moved to Wears Valley and opened an art gallery.
In February 2003, the INS arrested Zundel on a charge that
he had overstayed his visa and failed to follow through on
his attempts to attain permanent residence status here. Zundel
and his wife cried foul, claiming the Holocaust revisionist
was being persecuted for his views. Sevierville attorney Boyd
Venable III filed a petition in federal court here to try
to stop his deportation, but Senior Federal Judge James Jarvis
refused to hear it, writing that there was "no legal
basis" for his intervention.
Zundel was eventually deported to Canada, where officials
are trying to send him back to Germany. He faces hate crime
charges there in connection with his writings, which include
the book "The Hitler We Loved and Why," and
his Web site, www.zundelsite.org.
In an opinion released late last week, the 6th U.S. Circuit
Court of Appeals ruled Zundel is entitled to a hearing challenging
"These claims require consideration by the district court,"
the opinion stated.
The U.S. Department of Justice argued that Zundel has already
been deported, rendering his petition for relief as moot.
The Justice Department also contends that the federal court
here lacks any jurisdiction. But the appellate court countered
that those issues should be aired in Knoxville's federal courtroom.
"Whether, as the government argues, (federal law) strips
the federal courts of jurisdiction to hear the remaining claims
is a matter for the district court to take up," the opinion
states. "So is the question whether Zundel waived his
right to contest removal because it remains unclear whether
Zundel most recently entered the country under the visa waiver
There are many things about Zundel's swift trip back to Canada
that the appellate court states it found "unclear."
"The precise nature of the events that resulted in Ernst
Zundel's deportation to Canada casts more shadows than light
on this appeal," the opinion states. The court also finds
fuzzy the reason for Zundel's continued imprisonment in Canada,
where he is not charged with any crime but has been labelled
a security threat. "Canadian officials apparently took
Zundel into custody and continue to detain him for reasons
not revealed by this sparse record," the opinion states.
Zundel's wife still lives in Sevier County and maintains his
Web site, where she posts updates on his case.
In an official response to the 6th Circuit
ruling, Ingrid Zundel wrote:
"There are dimensions to this important ruling I can't
discuss at this point. It means, however, that now we can
begin discovery - a process where we can ask questions and
demand documents on court directives that are going to expose
the depth of deceit and political interference of this deportation
that was, in fact, a well-coordinated political kidnapping."
Zundel's imprisonment in Canada has sparked several protests
by groups such as the Canadian Association for Free Expression.
Those events have drawn counter-protests from antiracism groups."
NADER AND ANTI-DEFAMATION LEAGUE 'LOCK
From The Washington Post, 12 August
Ralph Nader, that master of controversy, has a new bete noire:
the Anti-Defamation League. The independent presidential candidate
has become embroiled in an ugly exchange with the Jewish organization,
after he suggested that President Bush and Congress were "puppets"
of the Israeli government.
"The days when the chief Israeli puppeteer comes to the United
States and meets with the puppet in the White House and then proceeds
to Capitol Hill, where he meets with hundreds of other puppets,
should be replaced," Nader said earlier this summer. That
prompted an angry letter from the league, which complained that
the "image of the Jewish state as a 'puppeteer,' controlling
the powerful US Congress feeds into many age-old stereotypes which
have no place in legitimate public discourse."
Nader is not backing down. In a letter to the group that will
be released today, he reiterated his arguments, challenged the
league to cite a recent example of when American leaders have
pursued a policy opposed by the Israeli government and pointed
to Israeli peace groups that he said share his criticism of that
country's leadership. "There is far more freedom in the media,
in town squares and among citizens, soldiers, elected representatives
and academicians in Israel to debate and discuss the Israeli-Palestinian
conflict than there is in the United States," Nader wrote.
The longtime consumer advocate's willingness to criticize Israel
may win him some votes, since both Bush and Democratic nominee
John F. Kerry strongly support Israeli Prime Minister Ariel Sharon.
But not if Abraham H. Foxman, the national director of the league
has anything to say about it. "What he said smacks of bigotry,"
GOVERNMENT AUTHORITY RECEIVES FUNDS
Patrick Hennessy, political editor of the
U.K Telegraph 15/08/2004 reveals the chairman of the government
vaccination committee, that approved the use of the new five-in-one
inoculation for babies, receives financial support for his work
from the sole suppliers of the vaccine.
He writes: "Michael Langman, who chairs the Joint Committee
on Vaccination and Immunisation, receives "industrial support"
funding from Merck Sharp and Dohme (MSD) for his work as a professor
of medicine at Birmingham University.
It is claimed the one jab vaccine will protect children against
diptheria, tetanus, whooping cough, Hib, and polio.
The change was being introduced so that infants no longer have
to be exposed to the mercury-based preservative, thiomersal, which
is contained in the existing whooping cough vaccine.
The disclosure last night raised fresh concerns among health campaigners
over the links between senior figures in the medical establishment
and large drugs companies.
Prof. Michael Langman has declared a "non-personal interest"
- defined as an interest that "does not benefit a member
personally but which does benefit their position or department"
- in another drugs company, Aventis Pasteur.
Together, the drug manufacturers form Aventis Pasteur MSD, the
company that will supply the vaccine in Britain.
Jackie Fletcher, the founder of the Jabs parents' support group,
said: "This does raise serious questions about the integrity
of these committees, which are always billed as wholly independent.
"What we have been campaigning for is full transparency.
The powers that be need to be squeaky clean. They've got to be
seen to be above any potential conflicts of interest."
A spokesman for the Department of Health said: "Prof Langman
has not received any personal benefit from Aventis Pasteur MSD
since becoming chairman of the JCVI. The code makes it clear that
in such cases of non-personal interests it is not necessary for
people to stand aside from the work of the committee."
The inoculations will begin on September 27. Prof Langman declined
The Basic Fund has now reached the figure
of $48,341.70. We are fast approaching the cut-off date for this
financial year, can we depend on you and you and you to bring
the figures up nearer to the goal of $60,000? Thanks once again
to those who have given generously, some have given on more than
our humble thanks! We have said it before,
we will make our funds stretch as far as needs be, but it would
be good to reach the target to ensure we can fund the coming projects.
THE SYDNEY FORUM IS COMING UP
We have been asked by the "Australia
First Party" to announce the coming Sydney Forum, 28th-29th
August. In the notice we are told the "Independent Sydney
Forum Inc. has set out to provide a necessary adjunct to the political
struggle: a central structure to improve the 'ideological' side
of things." One wonders what the "ideology" is
-- it is not stated. Be that as it may, we give mention of the
Forum as it will have some good speakers.
Further information: The Sydney Forum, P.O. Box 593 Rockdale,
2216. Phone: 02 8587 0014.
NATIONAL WEEKEND COMING UP
We do hope there are many, many folk already
making plans for attending the National Weekend in Albury, NSW.
It will take place over October 8th, 9th & 10th, 2004. We
will have the pleasure of hearing such great speakers as Wally
Klinck of Canada, Jeremy Lee of Queensland and Roy Gustard of
New South Wales. National Director, Betty Luks will open the Seminar
by welcoming everyone in attendance. Make sure of your accommodation
at the Hume Motor Inn by phoning and booking your rooms - Phone:
(02) 6021 2733. All meetings will be held at the Hume Motor Inn
in the Main Function Room, 406 Wodonga Place, Albury, NSW.
BOOKS, BOOKS, BOOKS
"Howard's War" by Alison
Broinowski. Why did John Howard lead Australia into a highly
unpopular war with Iraq? The war has cost Australians more
than $700 million, so far, but has predictably made Iraq and
its neighbours more unstable - and hasn't delivered any of
the results our leaders 'promised'. How could it have been
'in Australia's interests' when it has made us a target for
terrorism and put us at odds with our Asian neighbours? John
Howard mightn't have revealed his real reasons for going to
war but this book does. Price: $23.95 posted.
"Guantanamo: What the World Should
Know" by Michael Ratner and Ellen Ray. David Hicks'
Australian lawyer Stephen Kenny has written as Introduction
to the book. "Make no mistake, Guantanamo is a prison
where cruel and inhuman and degrading treatment - even torture
as we know - is practised, and it is utterly illegal,"
writes Michael Ratner. He warns his readers, "Alarm bells
should be ringing throughout the West. Liberty, democracy
and the right of dissent are at stake. The recently deceased
former president Ronald Reagan called the Soviet Union --
"The Evil Empire". Is America turning into a fascist
state? It is just incredible the way human beings can justify
their own barbaric actions! This is a must read. Price: $30.00
"Not Happy, John" by
Margo Kingston. In the triumphant first-flush of toppling
Saddam Hussein, John Howard invited George Bush the President
of the United States to visit our shores and speak on the
matter which had so bitterly divided the nation. She writes
on that presidential visit: "
what I experienced
on 23 and 24 October last year made me fear for our democracy's
future. I saw a Parliament on its collective knees before
a condescending Imperial Caesar, led by a lame provincial
governor of a Prime Minister so blind to the duties of his
own democratic office, so unmoved by the issues still rending
his own people, that he turned what might have been a healing
thank-you visit into just another vehicle for his own ambitions.
I saw him do so at the expense of Westminster traditions and
norms of civilised behaviour that I'd thought were above partisan
politics. I saw elected politicians - elected by us, the Australian
people - shouted down, physically manhandled and viciously
That day, John Howard, 'conservative imposter disguised in
ill-fitting Menzies hand-me-downs' kow-towing to the Imperial
Caesar, "had left the public service in ruins -- reduced
to mere caterers, lackies, careerists and political stooges."
She saw, "The castrated press gallery was largely oblivious
to what was happening to our democracy before their very eyes
on their own professional beat". $30 posted.