September 2007 Thought for the Week:
"The fundamental fact
from the Christian point of view, about the modern money system is that it denies
the redemption of debt; and therefore denies deliverance from that temptation
which debt brings to bear upon debtors. Money nowadays is virtually synonymous
with financial credit, which comes into existence only as a debt repayable to
the issuers, so that by its very nature such debt is irredeemable and must increase
and accumulate power in the hands of the creditors
This terrible moral strain
permeates all that part of life into which monetary considerations enter.
is also a fact that modern governments finance their day-to-day expenditure, not
out of taxation as is commonly supposed, but by incurring debt which it is the
function of taxation to repay. The power to tax, in other words, is the security
upon which loans are raised, which is one powerful reason why compulsion must
be used; for since debts in general can never be met in full, compulsion is the
only way in which governments can ensure that their own liabilities are met in
full, so that they remain 'credit-worthy'
It is not yet been forgotten
that, within living memory, physical plenty has been accompanied by widespread
monetary poverty; that the threat of the return of such a state of affairs still
dominates the political scene; and that the floodgates of financial credit have
been opened widely only for destruction
- - Taken from
"The Just Tax," by Geoffrey Dobbs, 1964.
"NORTHERN ROCK PANIC COULD HARM GORDON
by Betty Luks
You could be excused
for thinking the UK Telegraph's 17/9/07 headlines referred to a rock hurtling
from the northern skies towards the UK's current Prime Minister, Gordon Brown,
placing him in great danger of physical injury - but it doesn't.
newspeak for the fact that a leading mortgage lender in Britain, having created
too much 'credit' (money out of nothing) in relation to the actual amount of 'deposits'
on its books, is in danger of running out of 'credit' (figures on computers, in
bank balances, etc.) long before the panic stricken depositors can access their
'deposits', forcing the bank to close its doors.
has all come about because the central banks are deflating the financial
system by reducing the amount of 'credit' in circulation. This is turn, not only
bankrupts the most vulnerable (such as the sub-prime home mortgage borrowers of
'credit') but causes the public to panic and try to withdraw their own deposits
to the banking system.
You see, the public has lost confidence
that their deposits (savings) are 'as safe as the Bank of England. They are losing
confidence that their 'money' is actually 'in' the bank.
are told: "There are fears that as much as £12 billion, which
equates to half of all of Northern Rock's deposits, could be withdrawn
over the coming weeks, despite repeated protestations from the lender and from
the banking authorities that savers' money is safe."
wait a moment, The Weekend Australian 15-16/9/07 p.40, assured its readers
Northern Rock had assets of more than $US200 billion ($AUS481 billion) only last
June. How can it be that in just three short months confidence in
the bank's 'assets' could evaporate so?
We are told, it was not the result
of exposure to the sub-prime market in the US - no sirree
the bank proved vulnerable
to the turmoil in the money markets because it has a smaller deposit base
than other British banks.
In other words, its
greed was greater than other banks. This bank created more 'credit' (money out
of nothing) than did other banks. It created a greater ratio of 'credit' in relation
to the amount of its actual deposits ('liquidity'). Once upon a time the banks'
ratio was nine times more than the deposits it had on its books. (I have read
that in today's house of cards financial system, the ratio could be as high as
40 times more).
It is very difficult for people
to grasp the truth about the modern financial system. It is a system based on
confidence; that is, the confidence trick of the private banking
system to create 'credit' out of nothing, which you the customer believe - have
the confidence - is 'money'. But you are never told how that 'money'
is brought into existence by the financial system - and quite independent of your
own national government at that! In fact, your own government goes along with
the confidence trick of the banking system.
is a long time since the banking system gave up the pretence that they only lent
out money that was first placed in the banks as deposits by customers; for both
safe-keeping and to earn a small amount of interest.
But 'money' these days
takes many forms, it is not just the old-fashioned form of money - that is, the
once physical, tangible form such as a gold sovereign. Today it is mostly quite
intangible, and would be in the form of figures in a bank statement, 'credit'
accessed by a plastic card, an electrical 'beep' on a computer, or a money order,
even simply the figures in the now old fashioned cheque book.
In fact, it
is hundreds of years since banks found they could create this 'money' out of nothing,
claim it as their own - and by implication, honestly gained at that -and demand
its repayment to them, with interest of course.
we are told, the house of cards is now in danger of collapsing: You can be
quite sure those in ultimate control of the private banking system will safeguard
their system, even though smaller banks will topple and the people themselves
will lose their homes, their businesses, their farms, life-savings, their all.
A bank gives a service - nothing more.
It does not sow, nor plant, nor reap: It does nothing itself towards the physical,
real wealth of a nation and yet its profits are astronomical!
This is because
it has the power to monetise the real wealth of a nation, claim the money as its
own, issue it as a form of debt, demand its repayment and charge interest upon
the amount 'created'.
A financial system should be simply a nation's accounting
system; an honest record, an honest reflection of the real wealth of the nation
and its just and honest distribution - and the private banking system should be
able to charge for nothing more than its SERVICE!.
essential VIDEO and/or DVD viewing:
Money Masters"- William Still, 3½ hours of video viewing, $16 posted; "The Money
Game"- Jeremy Lee, $14 posted; and "The Root of all Evil"- Eric Butler, $14 posted.
Videos and DVds available from Heritage Book Service, P.O. Box 27, Happy Valley
Further essential READING:
"The Story of the Commonwealth
Bank," by D.J. Amos, $8.00 posted; "The Commonwealth Stories," by D.J. Amos (Oil,
Rail Wool) $7.00 posted; "The Commonwealth Stories," by D.J. Amos (Steamers, Wireless)
$7.00 posted and "Operation Bankwatch" by Jim Cronin, $5. 00 posted. Books available
from all Heritage Book Services.
by James Reed
The Teaching of Contempt for Men in Popular Culture," by Paul Nathans and Katherine
Young (McGill-Queens University Press, 2001) is an important study of the logical
conclusion of "women's lib" and feminism: misandry, the hatred of men. Before
this book there was no systematic study of man-hatred, and now at least we have
a study showing that the defining culture now is anti-male. "Ideological feminists"
have been the principal mechanism embedding male hatred into popular culture.
Misandry is accepted as something of a historical pay-back.
authors examine the outpourings of Hollywood and also the literature and other
aspects of popular culture, and find a sustained attack upon manhood. Popular
culture dehumanises men. It would take up too much space to summarise this here:
spend an entire week watching American TV shows and see for yourself.
Misandry" does not examine why such degeneration has occurred. Feminism per se
is not examined as an ideological strategy of divide and conquer. Nevertheless,
it is useful to see our gut beliefs fleshed out in scholarly detail.
MAN, WOMAN AND THE FERTILITY DEBATE
Following on from James Reed's article, Angela Shanahan's piece
on the barren fruits of the feminist agenda is sad reading indeed. (The Weekend
Australian, 15-16/9/07) After all, the relationship of a man and a woman is
the most personal and intimate of all human relationships.
correspondent wrote to journalist Angela Shanahan thus:
"The media coverage
of the fertility debate has been extremely disappointing. For some reason the
emphasis has been on how women are choosing career over children. And yet the
fertility debate seems to have carefully excluded any discussion of men's involvement
in the postponement of commitment, marriage and children. Why is this?
educated to be feminist in my outlook, but I also knew I wanted to marry and experience
sexual life as a married woman. And yet I spent my 20s waiting, often very painfully,
and with some real costs, for the 'other shoe' to drop! I embarked on all my sexual
relationships in a serious manner, and was not looking for promiscuous sex.
had assumed that beginning a sexual relationship meant a man was considering me
for marriage. But the mass public culture seems cynical and almost hysterically
anti-marriage. Eventually I came to the conclusion that the desire to truly pair,
to form a marriage bond, is part of the biological sexual response of women...
To sit at a table, at age 29, and hear your significant other discuss your ageing
with his friends, and his (lack of interest) in going further (after buying property
together) is an experience I have no wish for her to emulate."
love: archetype of all human love:
Women have had their most basic and
strongest instincts indoctrinated out of them, or at the very least, suppressed.
Biologist and doctor of philosophy, Geoffrey Dobbs dealt with the feminist attack
on womanhood and the family many years ago. Noting that the whole world was now
rotten with the worship of political, financial and managerial power, that rotten
power was being used by the few to manipulate the many, and in particular the
relationships between men and women.
understood that the last 'never-say-die' barrier against this destructive force
was the decentralised power of love and the common, practical sense of the free,
independent woman in the home.
He wrote that it was Henry Drummond in his
Lowell Lectures in 1897 ("The Ascent of Man") who observed that organic, physical
evolution has its parallel, not only in mental evolution which was dependent on
the development of the nervous system, but also spiritual evolution; the evolution
of that potentiality for the love of others.
was in the last biological group to emerge, the Mammalia, which is where this
tendency is most fully developed: "Both the womb and the breasts are organs which
have the functions of giving, nourishing, protecting the young life, and he was
surely right when he said that mother love is the archetype of all human love...
"Father love must have been a later development; but the female half of mankind
is that which is in the forefront of spiritual evolution in the capacity to love
and to know the nature of love, which is also the essential character of God."
Primary work of mankind:
could say that the well-rounded, wholesome, balanced woman is, in fact, the fullest
expression of humanity. As G.K. Chesterton put it: "Men are men, but Man is a
He wisely noted: "Their function, in
bearing, nourishing, caring for, protecting and surrounding the family with love,
and in making the place in which they live into a home, is the primary work of
How sad for that correspondent
who wrote to Angela Shanahan:
"I embarked on all my sexual relationships
in a serious manner, and was not looking for promiscuous sex. I had assumed that
beginning a sexual relationship meant a man was considering me for marriage."
Well might Angela Shanahan counter with:
"This proves something that sociologists know but don't say: cultural
factors are much more important for fertility than economics. And in sociologist-speak,
culture is code for things such as religion and our sexual mores, including our
marriage pattern, or what the aridly secular West will timidly go as far as calling
"Even if women want children, because women's fertility is finite,
the emotional stress of serial non-marriage plays havoc with the possibility of
partnering for life
Who now quotes with approval the original shallow feminist
rhetoric, when women thought that armed with the pill they would hold all the
cards, that they would not be tied down and would be free to act like men? The
experiences of women such as the one who sent me that letter belie all that propaganda."
OUR UNIQUE AND
by James Reed
my greatest joys in being associated with the League - apart from experiencing
the excellent fellowship and speakers over the years - is exploring the Heritage
book shops. All my life I have enjoyed exploring book shops as I imagine outdoor
types like exploring nature. The hope is always to find some treasure, some gem,
tucked away in some dusty, forgotten corner of the shop. But the Heritage shops
are never dusty or forgotten and there are always treasures to be found on every
One of the great and noble functions
of the League as a service organisation has been to stock books, regarded by the
traitorous establishment as politically incorrect. Indeed, one is hard pressed
to find even in a university library any books outlining Australia's unique and
priceless Christian heritage and its place in our political system.
so in the Heritage book shops. For example, the "Australian Heritage Series" enlightens
us about the Christian Faith and its accumulated wisdom lying behind our cultural
and legal institutions.
One little booklet
which I have has a cost marked at $5.00. For this lowly sum I am able to read
Dr. David Mitchell writing on "Australia's Constitutional Heritage", the Rev.
Arthur Fellows on "The Christian Roots of Representative Government" and Dr. Geoffrey
Dobbs on "The Church and the Trinity".
All of these writers attempt to relate
Australia's political history to the bigger picture - British representative government
and British common law - and earlier, the history of the Christian Faith and institutions.
It is a remarkable story, the greatest cultural story ever told and is an overwhelming
argument for the magnificent achievement of the British people in offering a Christian
foundation for modern civilisation. All of this and more can be found from just
a wander around the Heritage book shops.
Look, explore and learn, for the
secret of securing freedom lies in the knowledge. Thus for many years, the only
presents I have and will give to family and friends are carefully chosen books
from the Heritage book shops. I suggest that you do the same, for this is an excellent
way to wake up the sleepy! ("The Australian Heritage Series" $7.00 posted available
from all Heritage book services).
GEOFFREY DOBBS ON THE CHURCH AND THE TRINITY
Today one can search in vain for a Church where a sermon offering
a sound exposition of the Trinity, the central doctrine of Christianity is explained.
It is common to hear in this day and age of a 'social gospel' a denial of the
Persons of the Trinity.
To do this, Dr. Dobbs remarks is to "exclude those
properties which belong to diversity from our idea of the Godhead, including those
of mutualism in love, of association and of diversification, which is the essence
of creation." It is to set limits upon God.
the Gnostic trend, beloved of multiculturalists and one-worlders, reduces Christianity
to a form of "self-help" wisdom where salvation is through man's own wisdom. The
ultimate goal is the creation of "one religion" for a world under a one-world
Thus the Christian churches, especially
the Anglican, appear to be committing suicide in the name of multiculturalism.
The rejection of Trinitarian Christianity is seen in many ways, Dr. Dobbs argues.
For example abortion is now as common a procedure as tumour removal. Yet the feminist
idea "that a child in a woman's womb is merely part of her body over which she
has totalitarian powers of monopoly, including life and death, is essentially
Rejecting the Trinitarian
nature of reality has dire consequences as "our moral and spiritual powers are
becoming detached from our mental and physical ones as our world lurches between
monopolies of grossly magnified power."
Only by thinking correctly about the
path to understanding ultimate reality can one hope to get on to that path. Otherwise
one wanders off into the dark infinities of doubt.
PROFESSOR ON JEWISH ETHNIC PANIC
Carter has been vilified by Jewish critics for his book "Palestine: Peace Not
Apartheid". Earlier this year Professor Michael Desch of Texas A&M University
had this to say in reply (The Australian 8/2/07 p.10).
is a vocal minority in the US - the so-called Israel lobby - that is determined
to squelch criticism of Israel or opposition to the long-standing pro-Israel slant
in US foreign policy. The members of the lobby play the traditional role (and
legitimate) game of interest group politics, channelling money and other forms
of support to politicians who support their agenda. They also engage in what Israelis
refer to as hasbra: telling Israel's story in the most favourable light. But some
of them hit below the belt, employing character assassination and other illegitimate
Jews who deviate from the pro-Israel line are dismissed as self-hating.
Consider the treatment of New York University historian Tony Judt, who argues
that Israel's continuing occupation of Palestine territory is making a two-state
solution to that conflict impossible. For suggesting that Israel has no choice
but to become a bi-national state, he was singled out in a recent American Jewish
Committee publication as a Jew who gives aid and comfort to the enemies of his
Gentiles who cross the lobby, such as the University of Chicago's
John Mearsheimer and Harvard's Stephen Walt, who published a major essay exposing
how Israel's supporters slant US foreign policy toward Israel, are tarred as anti-Semites.
Not content to challenge their evidence and conclusions, Dershowitz, Foxman and
other critics sought to convict them of guilt by association with anti-Semites
such as David Duke, and to discredit their paper by comparing it with that classic
anti-Semitic trope, The Protocols of the Elders of Zion."
'guilt by association' technique used so often by these people. It is intended
to close people's minds to anything John Mearsheimer, Stephen Walt or David Duke
may have to say that is of importance to understanding what is happening in today's
"Why are members of the Israel lobby unwilling
to simply rest their case on its merits? Why do they feel compelled to attack
their opponents ad hominem? The obvious answer is that they lack confidence
in the strength of the case for Israel and feel obliged to play dirty pool to
AND ISRAEL POSTURING FOR ATTACK ON IRAN?
BBC has verified what many correspondents are warning of across the internet.
The United States' warmongers have "not ruled out military action (against Iran)
over the nuclear dispute, with Secretary of State Condoleezza Rice saying "all
options" are on the table."
The BBC continues:
"Washington's contingency plans for air strikes on Iran extend beyond nuclear
sites and include most of the country's military infrastructure, diplomatic sources
told the BBC earlier this year. It is understood that any such attack - if ordered
- would target Iranian air bases, naval bases, missile facilities and command-and-control
Iran, of course, is warning it will
retaliate and "has drawn up plans to bomb Israel if it launches an attack on Iranian
soil first, military officials say. The deputy commander of Iran's air force said
that in the "unlikely event" of an Israeli attack, Tehran could respond with air
and missile raids."
LET US ALL TAKE NOTE - AND BEWARE!
Financial Times' (UK) journalist, Andrew Bounds, reports 'Europe' has been
told it must relax its immigration controls and open the door to an extra 20 million
workers during the next two decades.
Franco Frattini, justice commissioner,
is to tell the bloc's immigration ministers in Lisbon that the EU should stop
erecting barriers and instead build safe pathways for Africans and Asians who
risk their lives heading to the continent to find a job.
have to look at immigration not as a threat but - when well-managed, and that
is our new task - as an enrichment and as an inescapable phenomenon of today's
world," he will say. "Europe has to compete against Australia, Canada, the USA
and the rising powers in Asia." He will suggest the word immigration and its "dark
side" should be dropped in favour of "mobility".
(Notice it is always about
commerce, trade, competition, work, employment, etc. One would think these people
believe the mass of mankind was created simply to work like any other beast of
While 85 per cent of unskilled
labour goes to the EU and only five per cent to the US, some 55 per cent of skilled
labour goes to the USA and only five per cent to the EU. The Italian wants to
reverse those figures by means of harmonised policies to allow in millions of
extra workers of all abilities.
levels are required. The challenge is to attract the workers needed to fill specific
gaps," he will say. That runs counter to attempts by countries such as Britain
to restrict access to prized skilled workers. Germany, Italy and Hungary, with
their ageing populations, are most in need of immigrants, he will say.
month Mr Frattini is to propose an EU "blue card" to compete with the US green
card. Skilled workers could apply for two-year residency that could be extended.
After five consecutive years living in any number of EU countries they would be
allowed to stay permanently. He is to table a law laying out minimum working standards
for unskilled migrants and forming a one-stop shop for them to apply for work
The Commission is about to establish
a €10m information centre for Mali. Locals will be able to apply for jobs in Spain
and France through a deal signed between the countries. It will be the first of
several such centres in Africa. Is this what you want for Australia? Will you
write to your federal representative and insist on a reduction of foreign immigration
- not more!
BRACKS IS HEADING FOR EAST TIMOR
in the NewsWeekly informs its readers
"Former Victorian Labor Premier
Steve Bracks seems to want to put as much distance between himself and Melbourne
as soon as possible. Not many of us would have anticipated his becoming the adviser
to East Timor's Xanana Gusmao, the latest prime minister of what has been a basket-case
The first mistake the new leaders
of the fledgling State made was to place themselves under the control of the International
Monetary Fund and the World Bank. Teichmann with tongue in cheek continues:
faces the problem of raising revenue in large quantities - but how? I think a
casino and a Grand Prix would be the way to start."
Perkins' "Confessions of an Economic Hit Man" is a must read to understand the
dilemmas such a fledgling new State faces.
THE HIENER AFFAIR
Ackerman noted in the Daily Telegraph 15/9/07:
"In the time-honoured
tradition of Queensland's showmen premiers, Peter Beattie managed a teary farewell
for the television cameras as he blubbered his farewells to the public he had
so markedly failed. The predictable political eulogies to the man with the disarming,
split-watermelon grin were led by federal Opposition Leader Kevin Rudd, never
a particularly close friend
Heywood of The Courier-Mail 18/9/07, reported the Coalition was to use
parliamentary privilege to table a report allegedly implicating Labor leader Kevin
Rudd over the 17-year-old Heiner inquiry.
The 3000-page report by NSW QC David
Rofe revisits the controversial shredding of evidence collected for the inquiry
by the Goss government in 1990. At the time, Mr Rudd was premier Wayne Goss's
chief of staff.
The Heiner inquiry was established
by the National Party government in 1989 to investigate allegations of abuse at
the John Oxley Youth Detention Centre. But the inquiry was shut down and the documents
shredded amid concern it was not properly constituted. Mr Rudd's office maintains
that the matter has been "exhaustively investigated". Critics
of the incident argue that the evidence was illegally destroyed.
you write requesting this matter be investigated?
We ask supporters to
write to the Attorney General and Premier of Queensland, Attorney General of their
own State and also the Federal Attorney General, raising the serious nature of
the destruction of evidence by the order of the Queensland Cabinet of 5/3/1990
- to destroy the Hiener Inquiry documents to prevent their use in court in an
issue dealing with child abuse in a State Youth detention centre.
action would have advantaged the Executive Government of the time and certain
civil servants. Section 129 of the Queensland Criminal Code says that anyone who
destroys documents that they know may be required in court is liable to three
years in prison with hard labour.
The League's Melbourne Office offers
photocopies of the six pages of information on the matter to those who require
it. Write to: Box 1052, GPO, Melbourne 3001.