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!
This former KBG officer well knows the Soviets controlled both systems and manipulated the financial system from day to day by Government edict. One purpose was the control of consumption according to Plan. Whether in America or Russia, or the rest of the world, the Financial System controls us all, either directly or indirectly.

According to the Moscow Times, Issue 4105, Business: 'At G20, Kremlin to Pitch New Currency, ' 17 March 2009, by Ira Iosebashvili:
The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.
The International Monetary Fund should investigate the possible creation of a new reserve currency, widening the list of reserve currencies or using its already existing Special Drawing Rights, or SDRs, as a "super-reserve currency accepted by the whole of the international community," the Kremlin said in a statement issued on its web site. The SDR is an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries.

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."
He also suggested that the Eurasian Economic Community, a loose group of five former Soviet republics including Kazakhstan and Russia, adopt a single noncash currency -- the yevraz -- to insulate itself from the global economic crisis. The suggestions received a lukewarm response from Foreign Minister Sergei Lavrov on Saturday.

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
I recently watched on DVD the 2005 BBC version of Elizabeth Gaskell 's novel 'North and South '. It is an 1850 's portrait of life experienced by the various strata of society during the earlier days of the Industrial Revolution.
The story focuses on Old Money and privilege, (the South) and New Money and manufacturing (the North) with the addition of the newly emerging Working Classes and their battles for better conditions and wages. Characters in the story include, 'Margaret the Churchwoman, her father the Dissenter and Nicholas Higgins the Disbeliever and Union rep.
In reply to an appeal by the former clergyman (the Dissenter) to Nicholas Higgins (the Disbeliever) firebrand union-rep., to seek 'good-will on both sides Nicholas Higgins replies: 'I can 't believe He meant the world to be as it is with Masters ruling over us and the rest of us to live a half-life in the shadows, thus summing up his anger and frustration at the workers conditions and the Dissenter 's 'other worldly approach to the problems.

John Thornton, the novel 's employer 'Master ':
Whilst visiting London 's Great Exhibition of 1851, John Thornton was enthralled to see the machines and inventions then brought together from all over the Empire under the one roof . A self-made manufacturer from the North, brusque, straight forward and looked on as a worthy opponent by the workers, Thornton had had his share of industrial strife, pressure from the bank, the Americans flooding the market, low prices, late payments, etc. Sounds so familiar doesn 't it?

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).
He is asked, does he think this approach will prevent strikes, to which he replies: 'Not at all. My utmost expectation only goes so far as this that they may render strikes not the bitter, venomous sources of hatred they have hitherto been. '

In the 2005 film-version the scriptwriter has John Thornton observing:
'Technologically, we are the envy of the world if only there was a mechanism to let us all live together, to take advantage of the great benefits that come from industry. The answer, he thought, will be for future generations to find. 'We can bring back Marmosets from Mozambique, but we cannot stop Man from behaving as he always has he lamented.
In other words, he thought the problem was insurmountable because it originated within human nature. How many a time have I heard that response to Social Credit proposals over my years with the League?

But the John Thornton character was right in one thing; it was for future generations to solve the dilemma.
It took another fifty years, along with the right circumstances and the experiences of C.H. Douglas, prior to and during World War I, to reveal the key to the problem. The KEY to the problem he said, is CREDIT!

'How so? You may well ask
Modern man can now see it, but it was not always so. As an example, picture the manufacturer-owner, John Thornton, with his weaving looms in full throttle. The production, in comparison to humans supplying the power to work the machines, is huge.The workers are not weaving the cotton, the machines are weaving the cotton, the workers are operating the machines.
But John Thornton doesn 't pay his machines wages; wages being the source of the workers purchasing power. He is also governed by financial considerations. Along with the workers wages, all purchases of the machines, raw materials, etc., plus running costs and overheads, with some profit for his own efforts, ALL these charges have to go into costs which he must recover in the market place or he goes financially broke. Ask any manufacturer or businessman if this is not so. Not enough money in the system -- not enough purchasing power in the market place.

Human nature is NOT necessarily the problem here
With changed attitudes on both sides, working relations would have been on a more friendlier footing, but, no matter if the Master was the most benevolent of men, and/or the Worker the saintliest, their best behaviour (human nature at its best) would not have resolved the problem as summed up by the character John Thornton.

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
The article about the Victorian bushfires by Kate Legge, 'Fight or Flee is a Question of Genda, The Weekend Australian 14-15/2/09 p.3, gave a politically correct feminist take on the Victorian Bushfires. Men stay and fight 'it 's a macho thing. Women like to get going. No objective research is cited, but the smattering of quotes creates the impression in my mind that Legge is having a go at men who stay and defend the homes.

First, let me say that over my time I have done a fair bit of emergency services work and have fought in a number of bushfires in my region. I have found both men and women tremendously brave, defending their own and their neighbour 's homes. It 's not a 'macho thing to defend one 's home: it 's the natural thing to do and only someone peddling stale feminist dogmas would be pushing a feminist line on this.

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
Sadly, the Victorian bushfires seem to have brought out the worst in some journalists. Ross Gittins from the Sydney Morning Herald has said that city slickers 'enjoy a good natural disaster. After all, how does one explain the presence of all the sightseers? Well, some people are ghouls and like to look at misery, but most people are not. Almost everybody I know, knows someone who was killed or injured or lost their home nobody I know 'got off on this most unnatural disaster.

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.
Really these people should reflect on how much they have compared to the sufferers from the Victorian bushfires and be glad that they are alive, or not in some burns unit in living agony.

THE DUNSTAN DECADE: HOW COULD IT HAVE HAPPENED?

by Len the Cleaner
Adelaide was once the city of churches. It is nighttime now. I am in the city, walking along North Terrace where Parliament House can be found and two universities are sitting next to each other Adelaide University and UniSA. Asian and Black students are everywhere the future technocrats in the world just around the corner.
Walking up Frome Road we can see the al fresco restaurants if that is what they are called, after all I am not educated or 'cultured '. But you know what I mean, the patrons sit at a table on the footpath less than a metre from the gutter. I struggle to walk between the restaurant buildings and the 'chattering classes milling on the footpath. I can feel the spirit of Don Dunstan around here, a ghost in hot-pink pants.

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.
Details are:
Committee Secretary, Senate Standing Committee on Finance and Public Administration PO Box 6100, Parliament House, Canberra ACT 2600, Australia Phone:+61 2 6277 3530: Fax:+61 2 6277 5809: Email: fpa.sen@aph.gov.au

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
Senator Polley (Chair) and Senators Bernardi, Cameron, Collins, Hanson-Young, Moore, Parry and Ryan.

SUBSTITUTE MEMBER
Senator Bob Brown to replace Senator Hanson-Young for the committee's inquiry into the Plebiscite for an Australian Republic Bill 2008

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.
For example, India has banned Chinese toys for six months, and China has banned imports of Irish pork and rejected some Belgian chocolate, Italian brandy, British sauces, Dutch eggs and Spanish dairy products. China has also slapped a 5 per cent tariff on some iron and steel products, irked by the "Buy American" clause in President Obama's $787bn ( '560bn) stimulus package, and America's 1979 Trade Act, both of which favour the US steel industry.