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Edmund Burke
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Thought for the Week:

I think that what is of prime importance to us today is to identify, and correct, the problems which can be attributed to the existing financial system. Douglas emphasized that ownership of a central or national bank is not the real issue - it is the policy of such an institution. Here in Canada the Government has titular "ownership" of the Bank of Canada and technically the Minister of Finance can override decisions made by the Governor of the Bank. Yet this is simply not done because of a standing observance that the Bank should not be subject to political interference. (There was one instance where the then Governor simply threatened to resign rather than accept Ministerial orders.)

Strangely, you cannot find the Bank of Canada listed under the Government of Canada and enquiries as to why this should be so are met by suggestions that the status of the Bank is more that of a Crown Corporation. The present Governor is, according to general and accepted report, a former employee of Goldman-Sachs and can be expected to be a rigid adherent of established orthodox banking and financial policy--and I have seen no evidence whatsoever that would suggest otherwise.

So much for Government ownership of the Bank whose policy remains steadfastly orthodox. With regard to the Federal Reserve, there is obviously much intermingling of the Federal Government and the Banking institutions. The real question is: Who actually controls the policy of the financial system within the United States of America or any other nation for that matter? It is the policy of the financial system which bears upon the fortunes of the citizens of the nation.

- - Wallace Klinck, Canada, May 2009

"The Electoral Campaign: We have in Belfast, and in fact, all over the world, a mechanism known as the Electoral Campaign which, with the proper spirit behind it, can make the Government your servants. We have provided you with the mechanism, you must supply the spirit. The principles involved in it have been tried in many places and have never failed. The soldiers' bonus in the United States was forced through Congress against the bitter opposition of all the financial interests by exactly the methods we are asking you to employ. When Mr. Roosevelt was accused of yielding to pressure from financial interests he replied with, in my opinion, complete justice, 'It is my business to yield to pressure.'

You, the individuals whose interests are always at stake in matters of policy, who are killed, wounded, maimed, poisoned in every war, who were starved and broken in every industrial depression, who work long hours under, in some cases, unpleasant conditions for objects from which you do not benefit - you were the people who never apply any effective and continuous pressure to the government.

I sometimes think that the better intentioned amongst the ruling oligarchy propound their calculated insults from time to time in order to sting you into awareness of the situation. Let us send them a message from Northern Ireland to assure them that they have succeeded."

- - Clifford Hugh Douglas 'Dictatorship by Taxation Belfast 1936


WHY FINANCIAL CAPITALISM IS IMMORAL

by James Reed
Our daily papers present a constant flow of articles on the present global financial crisis: the product of 'short termism of export-led Asian savings, how Adam Smith would solve the crisis and so on ad nauseum. A more interesting piece by political journalist and analyst Colin James appeared in the Otago Daily Times of 24 March 2009, on the (im)morality of financial capital, commented upon in On Target Bulletin 17/4/09.

James mentions Major Douglas A+B theorem, which holds that there is a gap between what people produced and what people could afford to buy. Credit needed to be created to bridge the gap, although orthodox economists who held to velocity theories of money circulation rejected the idea of a gap and the financial inability to clear produced goods.

James excellent point is that the US Federal Reserve is presently 'creating credit on a scale that would make a social crediter look like a tightwad '. The standard object to social credit schemes is that they are inflationary, resulting in too much money chasing too few goods. But the US Federal Reserve claims that they aim to stop deflation, under-consumption leading to a crash of prices, stifling of production and unemployment. Social crediters can say the same!

Missing from the debate is the crucial fact that the creation of credit needs to be tied closely to physically productive activity and meaningful investment in the productive infrastructure of society. The recent Rudd cheque of $900 will be spent on goods largely made in China, and according to one line of thought (discussed in my article 'China Sunset ') will only serve to worsen the financial crisis by putting more money in the pockets of Chinese communists.

The social credit solution goes far beyond what James suggests. It involves the creation of a financial, economic and ecologically sustainable national economy and a complete rejection of the centralised monopolies of global financial capitalism. Global financial capitalism is immoral because, lacking sustainability, it ultimately threatens to destroy us all.


THE THEATRE OF THE ABSURD

by James Reed
Relax, sit back with a good glass of the old red and reflect on the theatre of the absurd with Uncle James. Melbourne Lord Mayor, Robert Doyle, said recently that Adelaide has 'so little going for it that it should be shut down. In fact, it is monster-migrant creations like Melbourne and Sydney which will ultimately shutdown sometime this century as over-population fuelled by immigration, brings on the ecological collapse of these cities. What good will diversity do when lack of water and essential resources makes life in urbania unliveable? Adelaide, which I have recently been to, to see Len Hart and Betty Luks, is still a human-scale city but it will cease to be so if the State Labor government carries through its plan to double the population by immigration.

On the madness trail, how 's this one: murderers, rapists and drug dealers are set to get $900 each from Big Kev 09 's economic rescue package. The felons would have had to have worked on the 'outside in the 2007/08 tax year and have met some other conditions. Although prisoners can only keep $120 in their gaol accounts they are free to give the money to criminal associates! (The Advertiser, 18/3/09, p.4)

But shed a tear for a Pakistan-born transsexual sex worker and former UN translator (!) who may be deported from Australia for fraudulently obtaining a passport. Lawyers are seeking a protection visa as the transsexual will allegedly be persecuted for 'her transsexuality and homosexuality in Pakistan (The Advertiser, 14/3/09, p.49).

Nature is not to be outdone, scientists have recently discovered a new fish species with Dracula-like fangs in Burma, which has been given the Latin name Danionelle Dracula. Its features resemble the financial elite often featured in the money pages of our newspapers.


SWINES OF GLOBALISM : DISEASE AND HUMAN NATURE

by Brian Simpson
The Israeli Minister of Health, an ultraconservative Jew, has decided to call 'swine flu ', 'Mexican flu because swine are unkosher. Perhaps, but there is no evidence that the present flu epidemic arose in Mexico so isn 't this a wee bit discriminatory against Mexicans? Couldn 't the Minister refer to the flu by its scientific viral name?

The speed with which the virus has spread around the world has led to some conspiracy theorists proposing that the virus is a genetically engineered act of bio terrorism. Now I know that this line makes good copy and it could be true, but I think that it underestimates the deadliness of the microbiological world. These viruses are constantly mixing genetic material with other viruses. There are high mutation rates in the DNA and RNA of such viruses.

Today we have millions of people crammed into megacities. International travel, the blood of globalism, spreads people across the world daily. The spread of swine flu is thus no mystery. It is only a matter of time before the world experiences another 1918 style 'Spanish flu (which came from China, not Spain). The lack of hygiene in Asian farms and the close connection between people and animals will ensure that there will be a ready supply of viruses preparing for the next pandemic.

Baxter Avian /Swine Flu:
As published on LifeGen.de (https://www.lifegen.de/newsip/showne...), serious questions such as the following are being raised:
"Baxter International Inc. in Austria 'unintentionally contaminated samples with the bird flu virus that were used in laboratories in 3 neighbouring countries, raising concern about the potential spread of the deadly disease'.
Austria, Germany, Slovenia and the Czech Republic - these are the countries in which labs were hit with dangerous viruses.
Not by bioterrorist commandos, but by Baxter. In other words: One of the major global pharmaceutical players seems to have lost control over a virus which is considered by many virologists to be one of the components leading some day to a new pandemic."

Is there any hard evidence of laboratory origins?
Mike Adams, the Health Ranger, NaturalNews Editor, 27//4/09 wrote: As of this moment, I have not personally seen any conclusive evidence of laboratory origins for this H1N1 swine flu. I am open to the possibility that new evidence may emerge in this direction, however, and I am suspicious of the genetic makeup of the virus as one possible indicator of its origins. I am not a medical specialist in the area of infectious disease, but I have studied microbiology, genetics and a considerable amount of material on pandemics.

What seems suspicious to me is the hybrid origin of the viral fragments found in H1N1 influenza. According to reports in the mainstream media (which has no reason to lie about this particular detail), this strain of influenza contains viral code fragments from:
Human influenza
Bird Flu from North America
Swine flu from Europe
Swine flu from Asia

This is rather astonishing to realise, because for this to have been a natural combination of viral fragments, it means an infected bird from North America would have had to infect pigs in Europe, then be re-infected by those same pigs with an unlikely cross-species mutation that allowed the bird to carry it again, then that bird would have had to fly to Asia and infected pigs there, and those Asian pigs then mutated the virus once again (while preserving the European swine and bird flu elements) to become human transmittable, and then a human would have had to catch that virus from the Asian pigs -- in Mexico! -- and spread it to others.
(This isn't the only explanation of how it could have happened, but it is one scenario that gives you an idea of the complexity of such a thing happening).

Vaccines as Biological Weapons?
'Live Avian Flu Virus Placed in Baxter Vaccine Materials Sent to 18 Countries '. Mike Adams, the Health Ranger, NaturalNews 3/3/09 wrote:
'If you mail an envelope full of anthrax to your Senator, you get arrested as a terrorist. So why is Baxter - which mailed samples of a far more deadly viral strain to labs around the world - getting away with saying, essentially, 'Oops? ' '


DOES COLLEGE TRANSCRIPT REVEAL OBAMA NOT A U.S. CITIZEN?

'In a move certain to fuel the debate over Obama 's qualifications for the presidency, the group 'Americans for Freedom of Information has released copies of President Obama 's college transcripts from Occidental College. Released today, the transcript indicates that Obama, under the name Barry Soetoro, received financial aid as a foreign student from Indonesia as an undergraduate at the school.
The transcript was released by Occidental College in compliance with a court order in a suit brought by the group in the Superior Court of California. The transcript shows that Obama (Soetoro) applied for financial aid and was awarded a fellowship for foreign students from the Fulbright Foundation Scholarship program. To qualify, for the scholarship, a student must claim foreign citizenship. This document would seem to provide the smoking gun that many of Obama 's detractors have been seeking.

The news has created a firestorm at the White House as the release casts increasing doubt about Obama 's legitimacy and qualification to serve as president. When reached for comment in London, where he has been in meetings with British Prime Minister Gordon Brown, Obama smiled but refused comment on the issue.
Meanwhile, White House press secretary Robert Gibbs scoffed at the report stating that this was obviously another attempt by a right-wing conservative group to discredit the president and undermine the administration 's efforts to move the country in a new direction.

Britain's Daily Mail has also carried the story in a front-page article titled, 'Obama Eligibility Questioned ', leading some to speculate that the story may overshadow economic issues on Obama 's first official visit to the U.K.

In a related matter, under growing pressure from several groups, Justice Antonin Scalia announced that the Supreme Court agreed on Tuesday to hear arguments concerning Obama 's legal eligibility to serve as President in a case brought by Leo Donofrio of New Jersey.
This lawsuit claims Obama's dual citizenship disqualified him from serving as president. Donofrio 's case is just one of 18 suits brought by citizens demanding proof of Obama 's citizenship or qualification to serve as president.

Gary Kreep of the United States Justice Foundation has released the results of their investigation of Obama 's campaign spending. This study estimates that Obama has spent upwards of $950,000 in campaign funds in the past year with eleven law firms in 12 states for legal resources to block disclosure of any of his personal records.
Mr. Kreep indicated that the investigation is still ongoing but that the final report will be provided to the U.S. attorney general, Eric Holder. Mr. Holder has refused to comment on the matter. '

Source: https://www.usjf.net/modules.php?op=modload&name=News&file=article&sid=537


HER MAJESTY 'S KNIGHTS

'When you bleat on about equality, you destroy real honour. A month ago, the Governor General of New Zealand would not have been eligible for knighthood, because the former Prime Minister of New Zealand "deeply detests social distinction and snobbery".

Needless to say, The Monarchist deeply detests the enemies of honour and distinction wherever they reside - so thankfully Helen Clark has gone to the U.N. where she belongs, and New Zealand has been restored of her gentle senses and cavalier tastes.

Therefore, the journal observed with Constitutional Monarchists everywhere as The Queen knighted the Governor-General of New Zealand, The Hon. Sir Anand Satyanand: 'Rise Sir Anand, and join the ancient fellowship of knights!
Source: The Monarchist, New Zealand.


REPUBLICAN POLITICIANS’ FOREIGN KNIGHTHOODS

From David Flint’s Opinion Column:
“Why do Australian republican politicians accept foreign knighthoods? What is wrong with Australian ones? I was thinking of this in the context of the timely reintroduction of knighthoods in New Zealand with The Queen knighting the Governor-General of New Zealand, Sir Anand Satyanand, at Buckingham Palace.

Sir Anand’s award is not an imperial award, as republicans may suggest. He is a Knight Grand Companion of the New Zealand Order of Merit. It is of course a New Zealand, and not a British Order.

Sir David Smith has reminded me of the example of Gough Whitlam, the former Prime Minister. And that reminded me of a Bastille Day ceremony in Sydney a few years ago, where the French Consul-General conferred a knighthood on an Australian citizen.
At the conclusion, I turned to Mr Whitlam, who was sitting in the row behind me, and said, with a straight face, “'Mr Whitlam, you are the reason why Australians have to go to a foreign republic to get a knighthood.” “He threw back his head laughing and said 'Yes, I have five or six of those myself!”

Sir David reminds me that Gough seemed ready to accept every foreign honour he could lay his hands on. He holds eight foreign honours from sundry republican presidents and a foreign monarch. Yet he spurned appointment to The Queen’s Privy Council (which would have given him the prefix Rt. Hon.) and set a damnable precedent for all of his successors, save one.

Malcolm Fraser accepted appointment to the Privy Council and recommended it for Governors-General Sir John Kerr, Sir Zelman Cowen and Sir Ninian Stephen, as well as for senior ministers the Rt. Hon. Doug Anthony and the Rt. Hon Reg Withers.

Incidentally, let us not forget that while Mr. Fraser and Mr Anthony turned their backs on the Crown in 1999 and jumped on the republican bandwagon. Mr Withers distinguished himself by strongly affirming his allegiance to the Crown not only as a delegate to the 1998 Constitutional Convention but also in his superb advocacy for the No case during the 1999 referendum campaign.

The question remains:
Why did Mr. Whitlam, and why do so many republican politicians spurn such honours from The Queen of Australia, but accept them from foreign presidents and monarchs? Where is their loyalty?”  


THE GUARDIAN MISSES THE POINT

from David Flint 's Opinion Column
When the former French Prime Minister Dominique de Villepin warned that there was a risk of revolution in France, declared The Guardian on 2 May, it was not just because he wanted to make life difficult for his arch-rival Nicolas Sarkozy.
The editor explained: 'It was also because social unrest is genuinely on the rise. Yesterday thousands of protesters took to the streets - not as many as the millions who protested in March, but this was a respectable turnout, considering that it was the third national protest at the government's handling of the global downturn in four months.

A major part of the problem in France is that the nation is taught to honour the Revolution. The history of the revolution as taught is a series of myths, including the continuing libel of The Queen, Marie Antoinette. ( 'Marie-Antoinette - justice at last? ) The revolution was a tragedy and a disaster, and led to the Reign of Terror, years of dictatorship and wars which continued until well into the next century, resulting in death and destruction perhaps worse than the First World War.

By falsely praising the Revolution, the people of France are trained to believe that problems can best be solved by going into the streets, and by putting their faith in theorists who offer revolutionary solutions. The editor of The Guardian should re-examine his own paper 's ill-considered campaign against the Crown. What he should be doing is raising an understanding of the most important beneficial event in the last few centuries, the emergence of an early version of the constitutional monarchy as a result of the Glorious Revolution of 1688.

This of course was hardly a revolution, merely part of that long evolutionary development of the Westminster system, the world 's most successful form of governance and the only one to be successfully exported. (emphasis added 'ed)

Dr Hugh Goodacre of the University of Westminster comments
'Your leading article correctly observes that social revolution is on the cards in France but not even on the horizon in Britain, however it is ludicrously simplistic in seeking an explanation for this in comparative statistics - such as those of unemployment and public debt - rather than in France's revolutionary traditions.

'First, monarchy has for a long period of history been regarded with disgust in France; their monarchs were executed. Here, in contrast, the very question of republicanism is regarded as a fringe issue, or even a sign of eccentricity.

'Second, France suffered fascist occupation and a puppet fascist government in the second world war; the memory of the armed resistance, largely under communist leadership, retains respect in public opinion, and even the most compliant trade unions have to label themselves communist in order to retain the support of their members. Here in Britain, communism is barely heard of.

'Third, even those political parties in France with rightwing social agendas, such as the Gaullists, proudly describe themselves as revolutionaries, and their national anthem calls upon all citizens to take up arms against the armed forces of the monarchy, whereas here, the national anthem ... need I go on?

Dr Goodacre 's assessment is of course correct. The editor of The Guardian should stop copying Australia 's newspapers of the nineties. They went too far in using the news to advance their republican campaign, which some editors now acknowledge. He should reconsider his campaign to throw out what brings stability to the United Kingdom.


THE GLOBAL FOOD CRISIS : FAULT OF CHINA AND INDIA?

by Brian Simpson
It was for once that I agreed with something that the former US Secretary of State Condoleezza Rice had to say: ' growing Indian and Chinese appetite is contributing to the global food crisis.
Yes, there were and are other factors including speculation and biofuel use, but the appetite of China and India is important. This appetite exists not only for food, but all resources. The Weekend Australian 12-13/4/08 p.34) carried a typical story.

An article by Parag-Khanna in the Guardian Weekly at the time (4/4/08 p.17) also argued that China was following a model of empire and world hegemony. And Australia since the time of Whitlam has continued on the route of becoming a Chinese colony.

The present fellow PM Rudd, with dyed black hair, could be mistaken by the myopic as a version of Chinese Premier Wen Jiabao, adding on a year or two. No wonder poor James Reed has such high blood pressure and a dependency on 'the odd glass of red '.

© Published by the Australian League of Rights, P.O. Box 27 Happy Valley, SA 5159