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27 March 2009 Thought for the Week:
"The individual has always had to struggle to keep from being overwhelmed by the tribe. To be your own man is hard business. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself."
- - Rudyard Kipling, 1865-1936
"It is not necessary to assume that the bankers set out deliberately to will bad trade, unemployment, poverty, revolution, or war. They are probably, in their way, humane men, good husbands and fathers, and hate these things quite genuinely.
Nevertheless, they will the policy that brings them about, and must, therefore, accept responsibility for them.
- - 'An Outline of Social Credit by H.M.M. 1929
KREMLIN TO 'PITCH FOR WORLD 'SUPRANATIONAL CURRENCY
It was only a matter of time before the masses were introduced to the idea. The Kremlin has now floated IT. How appropriate. Although Mr. Putin came out denouncing Obama 's socialist agenda for industry and production, we didn 't hear a word from him about setting the global financial system to rights!
According to the Moscow Times, Issue 4105, Business: 'At G20, Kremlin to Pitch New Currency, '
17 March 2009, by Ira Iosebashvili:
The Kremlin's call for a common currency is not the first in recent days. Speaking at an economic conference in Astana, Kazakhstan, last week, Kazakh President Nursultan Nazarbayev proposed a global currency called the "acmetal" -- a conflation of the words "acme" and "capital."
Nazarbayev's proposal did, however, garner support from at least one prominent source -- Columbia University professor Robert Mundell, who was awarded the Nobel Prize in 1999 for his role in creating the euro. Speaking at the same conference with Nazarbayev, he said the idea had "great promise."
The Kremlin document also called for national banks and international financial institutions to diversify their foreign currency reserves. It said the global financial system should be restructured to prevent future crises and proposed holding an international conference after the G20 summit to adopt conventions on a new global financial structure. The Group of 20 industrialized and developing countries will meet in London on April 2. Source: https://www.themoscowtimes.com/article/600/42/375364.htm
NORTH AND SOUTH THE GREAT DIVIDE
by Betty Luks
John Thornton, the novel 's employer 'Master ':
In spite of all his problems, in the book, Elizabeth Gaskell has Thornton appealing for the Master and Worker to reason together, to at least try to see the other 's point of view. A very Christian appeal indeed. Thornton wished for the opportunity of cultivating some intercourse with the hands (workers) beyond the mere 'cash nexus (wages).
In the 2005 film-version the scriptwriter has John Thornton observing:
'How so? You may well ask
Human nature is NOT necessarily the problem here
While Thornton could see his nation as the envy of the world with this huge potential productive capacity, he did not have the key to resolve the dilemma. The key to resolve the problem which baffled John Thornton was revealed ninety years ago, but the people of the world have yet to demand it be used to unlock their real credit so that all may enjoy the fruits of the plant of civilisation!
Douglas asked himself: 'What is it, then, which stands between this enormous reservoir of supply and the increasing clamour of the multitudes, able to voice, but unable to satisfy their demand? He answered: It is Credit!
An excellent outline of Douglas discoveries appear in 'An Outline of Social Credit first published in 1929. We have made photocopies available for $7.00 including postage, obtainable from Heritage Book Services, P.O. Box 27 Happy Valley 5159
THE VICTORIAN BUSHFIRES AND POLITICAL CORRECTNESS
by John Steele
What does Legge want? People to flee? But many people who did flee, tragically died. Really what is needed is macho survivalist values to prevail over pinko, politically correct ideologies. The idea of fireproof bunkers being built in fire-prone areas is an excellent idea, and one that survivalists have championed for decades. It makes more sense than the feminist nonsense pursued by Legge. Fight or flee is really a question of strategy.
WHO REALLY DESERVES OUR SYMPATHY?
by James Reed
I suggest if Ross Gittins is struggling for controversial copy that he sinks his boots into those high fliers, who are now crashing because of the 'global financial crisis '. A series of sob-sob stories appeared in the February 2009 edition of The Australian 's 'The Deal ', which described the fates of various financiers and corporate lawyer types who are now looking for work.
Also of interest is the headline 'Millionaire 's Row Going, Going Gone, (The Australian 21-22/2/09 p.5), as the number of properties up for sale along Australia 's wealthiest coastal strips, pile up.
What an illusion. The bubble has to burst.
THE DUNSTAN DECADE: HOW COULD IT HAVE HAPPENED?
by Len the Cleaner
I have asked before how it all could have happened. I came across one explanation by a Jewish professor. Benjamin Friedman in 'The Moral Consequences of Economic Growth presents evidence that people (he doesn 't say it but it is Whites) are more generous and empathetic to racial minorities, gays and other trendy groups during times of economic security.
As I see it, the 60s revolution was an alignment of all the right forces for the global elites. They could push their social agenda and they did. Dunstan, Whitlam, Hawke, etc., are nothing, their job could easily have been performed by some other instrument of the financial elites. These bit-players are like pins in a pinball machine of the beast of globalism. With the fast approaching growing insecurities, it will be interesting to see what the pinball wizards next tricks are.
MESSAGE FROM PHILIP BENWELL AML
Submissions to Senate Standing Committee not on List:
Many members have been emailing pursuant to my message of yesterday to advise that their names have not been included, even though they had made submissions. If this applies to you, or to anyone known to you, please contact the Senate Committee immediately.
It should be noted that all emailed, faxed and posted submissions should have included your name, phone number and postal address. However, one would have presumed that email submissions which omitted either a phone number or postal address or both would have received an email reply requesting same.
I suggest that those whose names do not appear on the list also contact a Senator (or Senators) in your State, particularly any on the Committee or on the participating members list, details and contacts of all of which are given below.
FINANCE AND PUBLIC ADMINISTRATION-STANDING COMMITTEE MEMBERS
146-YEAR-OLD US NEWSPAPER 'JUNKS PRINT EDITION GOES ONLINE
The 146-year-old Seattle Post-Intelligencer newspaper is to become the first major US paper to go solely online. The paper will print its final edition today after its owner failed to find a buyer. The website will be run solely as a source of local news and opinion, rather than an internet incarnation of the former newspaper.
There will be an editorial staff of 20, compared to the previous 150, and the remaining editorial staff will be expected to write, edit, take photos, and shoot video. The American newspaper industry has been hit by falling advertising revenue in recent years.
BRAVO! ECUADOR LEADS THE WORLD IN PRODUCTION OF TARIFFS!
G20: Do what we say, not what we do - 17/3/09: The G20 finance ministers may have yet again reaffirmed their opposition to protectionism, but there's plenty of it around, warns Sean O'Grady. Having packed their bags and left Horsham, the finance ministers of the G20 and indeed their political chiefs planning to meet for the main summit at Downing Street on 2 April might want to plan a trip to Quito, capital of Ecuador, where they can witness a remarkable protectionist experiment at first hand. No other nation may have reacted to the economic crisis with such naked defiance as Ecuador but she is hardly alone.
Researchers at the World Bank say that, since the last G20 leaders' summit in Washington, several countries, including 17 of the G20, have implemented 47 major measures whose effect is "to restrict trade at the expense of other countries". Of the G20 group, only Japan, Saudi Arabia and South Africa were given a clean bill of heath.
More broadly, World Bank officials have identified 78 often inventive actions in restraint of trade. They include: Russia's increased tariffs on used cars; the European Union reintroducing export subsidies for butter, cheese and milk powder; Argentina's imposition of non-automatic licensing requirements on auto parts, textiles, TVs, toys, shoes, and leather goods; Indonesia's requirement that five categories of goods (including clothes, footwear, toys, electronics, food and drink) would be permitted through only five ports and airports. In some countries, tightening standards have slowed import entry.
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