Science of the Social Credit Measured in Terms of Human Satisfaction
Christian based service movement warning about threats to rights and freedom irrespective of the label, Science of the Social Credit Measured in Terms of Human Satisfaction

"All that is necessary for the triumph of evil is that good men do nothing"
Edmund Burke

Science of the Social Credit Measured in Terms of Human Satisfaction

28 May 2010 Thought for the Week:

The growth of the Common Law was thus unfavourable to the existence of a class of slaves or serfs or villeins or other men of unfree condition… and in the end, in obedience to its own principles and in the interests of the social welfare, the Common Law came to hold the villein to be a free and lawful man…”

- - “Christian Philosophy in the Common Law” by Richard O’Sullivan KC, 1947

“There is, of course, nothing very novel in what I am saying; much of it is in Magna Charta, which is not so widely read as it should be, and I am not sure that it cannot be found in an older document, the Athanasian Creed - a far more profound political document than is commonly realised…The main point to be observed is that to be successful, Constitutionalism must be organic; it must have a relation to the nature of the Universe. That is my understanding of ‘Thy Kingdom come on Earth, as it is in Heaven’...”

- - “Realistic Constitutionalism” by C.H. Douglas, 1947

“Christianity, moreover, does not scorn this world. "Seek ye first the Kingdom of God, and all these things shall be added unto you."… But it comes with a warning… "What shall it profit a man, if he gain the whole world, and lose his own soul?"… The philosophy of Christianity, as I comprehend it, contends for certain immutable principles which may have many permutations (“Heaven and Earth shall pass away, but my Word shall not pass away.”)
The business of the Church in politics is to be the Authority on the Mills of God, which are, of course, inter alia Political Principles which can be checked like any other genuine Laws, by their observed operation over a sufficient period of time… The great difficulty which besets this subject is that "the Mills of God grind very slowly, though they grind exceeding small"… It is in this that, by itself, pragmatism fails, as it is failing in "Britain", and most of all in politics. A given line of action, dictated by immediate expediency, may appear to be beneficial; but the subsequent result may be found to have intensified the evil. A severe pain may be alleviated by opium; but an opium habit is almost certainly deadly…”

- - “The Realistic Position of the Church of England” by C.H. Douglas, 1948


THE REAL WEALTH OF A NATION

by Betty Luks
I have just watched the CBS’ “Sixty Minutes” report on the explosion that sank one of the most sophisticated drilling rigs in the world, the "Deepwater Horizon." "60 Minutes" correspondent Scott Pelley spoke with Mike Williams, one of the last crew-members to escape the inferno. Readers can go to https://www.cbsnews.com/video/watch/?id=6490348n and see for themselves.
It is a heart-rending story the young man has to tell of those who were left on the rig during the last moments. But I want to ‘look past’ the story to highlight some important truths people find so hard to grasp in this age of the spin and propaganda, of the ‘black magic’ of the Money Power with its self-seeking, servile flatterers who continually betray their own people to the new world order ‘monster’.

A realistic look at some of the points made in the report:-
* He (Mike Williams) says the destruction of the Deepwater Horizon had been building for weeks in a series of mishaps. The rig was destroyed on the night of April 20. Ironically, the end was coming only months after the rig's greatest achievement, (Note: he is reporting on the physical facts, the physical realities).

* Mike Williams was the chief electronics technician in charge of the rig's computers and electrical systems. Seven months before, he had helped the crew drill the deepest oil well in history, 35,000 feet (again physical facts).

* Williams worked for the owner, Transocean, the largest offshore drilling company. Like its sister rigs, the Deepwater Horizon cost $350 million, rose 378 feet from bottom to top. Both advanced and safe, none of her 126 crew had been seriously injured in seven years.
(Mostly physical facts but now comes the black magic of that abstract thing called ‘money’. The real cost was the time and physical energy involved in the huge undertaking. The men on the rig were dealing day in day out with the physical world. Yes, the planning and efforts of all the workers in this BP project resulted in a flow of crude oil, and yes, the BP accountants would have had to record the physical costs associated with that production – and calculate them in terms of the financial system.
But, and it is a big BUT - in this modern ‘money economy’, none of that production resulted, did not emanate in some mysterious way, with purchasing power (money) equivalent to the production. MONEY originates from another totally unrelated source – the financial-banking system)
.

* The safety record was remarkable, because offshore drilling today pushes technology with challenges matched only by the space program. Deepwater Horizon was in 5,000 feet of water and would drill another 13,000 feet, a total of three miles. The oil and gas down there are under enormous pressure. And the key to keeping that pressure under control is this fluid that drillers call "mud."

* The tension in every drilling operation is between doing things safely and doing them fast; time is money (?) and this job was costing BP a million dollars a day. But Williams says there was trouble from the start - getting to the oil was taking too long. Williams said they were told it would take 21 days; according to him, it actually took six weeks. With the schedule slipping, Williams says a BP manager ordered a faster pace. "And he requested to the driller, 'Hey, let's bump it up. Let's bump it up.' And what he was talking about there is he's bumping up the rate of penetration. How fast the drill bit is going down," Williams said.
Williams says going faster caused the bottom of the well to split open, swallowing tools and that drilling fluid called "mud". "We actually got stuck. And we got stuck so bad we had to send tools down into the drill pipe and sever the pipe," Williams explained. That well was abandoned and Deepwater Horizon had to drill a new route to the oil. It cost BP more than two weeks and millions of dollars.
(Time is NOT money. Time –for we humans - is a measureable physical reality. ‘Money’ is a man-made system originally intended to act as an accounting record of the physical facts and production of a people).

* "We were informed of this during one of the safety meetings, that somewhere in the neighbourhood of $25 million was lost in bottom hole assembly and 'mud.' And you always kind of knew that in the back of your mind when they start throwing these big numbers around that there was gonna be a push coming, you know? A push to pick up production and pick up the pace," Williams said.
(Objectively consider.. ponder.. the words – “25 million dollars was lost in bottom hole assembly and ‘mud’”. So, that means if I was able to go the bottom of the ocean I should be able to recover 25 million dollars! Unless the 25 million ‘dollars’ was in some physical form e.g., gold or silver coins, was actually on board and went down with the wreck of the rig, the reality was no ‘physical dollars’ were lost that day. What would actually happen was the company’s accountants had to record the loss of the physical work and production and time lost, measured in financial/accounting terms in their records.)

Let’s look at that claim from another angle
What physical form did this 25 million dollars take? After all, we are led to believe ‘money’ is a commodity that can be bought and sold like any other commodity - it is traded every minute of every day around the world, therefore it must consist of something tangible. Is it in gold or silver OR is it simply a computer blip on some bank’s computer records?)

* Asked if there was pressure on the crew after this happened, Williams told Pelley, "There's always pressure, but yes, the pressure was increased." But the trouble was just beginning: when drilling resumed, Williams says there was an accident on the rig that has not been reported before. He says, four weeks before the explosion, the rig's most vital piece of safety equipment was damaged…”
(So now physical short-cuts are taken in the operation, the physical safety of the men on the rig is now compromised. And why? Because the abstract financial ‘costs’ – the abstract figures on some bank’s computer are adding up. And why are they adding up? Because the modern financial system, controlled and operated by private persons for all the nations of the world, is now in control and their figures bear no relation to the real world in which we live!
No wonder we were warned - “You cannot serve God and mammon!” To serve God is to understand the real world in which we live - and keep truthful and accurate records!)  


CHANGE FROM SOCIAL DEBT TO SOCIAL CREDIT:

“When I was elected for a six year term in the Senate in 1987, and with every possibility of re-election, I little thought that, four years later, I would have resigned prematurely and would, by choice, be living alone in a modest mudbrick cottage in the hills of Tasmania, writing about bank malpractice and corruption. I temper my surprise by remembering the thousands of Australian farmers and small business people who four years ago would not have expected to be devastated at the hands of their bankers who, posing as their expert economic advisers, sold them credit, collateralised their assets, destroyed them by charging exorbitant interest and sold up their assets for a song. Life wasn't meant to be easy, was it? Nor was it meant to be so bloody tough…”

- - Paul Mclean (and James Renton) in “Bankers and Bastards” 1992

I see the mainline media have taken up the issue of the greedy banks charging ‘unfair’ fees and are giving loads of free publicity to the law firm acting on behalf of the folk involved: “Banks face multi-billion dollar class action over charging 'unfair' fees” Herald Sun 12/5/2010. The report reads:
“Banks face a class action lawsuit over penalty and late payment fees, which have boosted profits. Australian banks are facing a multi-billion dollar class action for allegedly unfair over-limit and late-payment fees paid by customers over the past six years. All the big four banks - ANZ, NAB, Westpac and the Commonwealth - are targets, along with eight other financial institutions…” Well, good luck to the people involved in this class action, but I would like to point out the banks ‘rip us off’ of much more than ‘late payment’ fees. I am cynical enough to think that if they get stung a few billion dollars for over-charging on fees they would think they have got off lightly this time round.

Seems to me I’ve heard that song before
Many South Australians on the West Coast (and farming folk all round Australia) would know of Bill Carey and Jim Cronin and the battle they took up on their behalf against the Shylock Bankers and their usurious debt system. For the full story go to Bankwatch on the League’s website. For those who would like a printed copy of the story, the booklet is $4.00 plus postage from the Heritage Bookshops.

In “Operation Bankwatch” 1991, Jim Cronin wrote:
“The Eyre Peninsula, known in South Australia as the West Coast, had come through a number of droughts and adverse grain years during the 1980s. But none was as bad as 1988. It was the worst drought ever remembered in this area and ultimately caused terrible financial hardship… There was a great parallel looming in that situation to that which took place in the depression years of the 1930's on the Eyre Peninsula when large numbers of farmers simply had to quit and walk off their land. However in that era the small community of Chandada produced men and women who became leaders and fought for farmers' and people's rights…

“Chandada also had the only Women's Wheatgrowers Auxiliary group in Australia and was led by the courageous Mrs. Ardee Cash, an Irish-born schoolteacher. These farmers and their wives were prepared to stay and fight as they did even if there was only half a chance to survive. They didn't mind the hardships and primitive living conditions because they held visions of a better future. But after toiling for many years during the depression hope ultimately faded for them because it was felt the financial system was loaded against them and they felt cheated. It was the iniquitous treatment handed out by both government and banks that took these groups to the steps of Parliament House to fight for justice to be done.

Imagine the mentality of banks at the time
“The Debt Adjustment Board, which was initially set up under Judge Paine to deal with the 1930s situation, was completely despised in what was an unforgettable period of ten years when these ordinary people cried out for help. Imagine the mentality of banks when the mother of a new born baby was given a five pound ($10) 'baby bonus' by the government to help nurture and clothe the infant, only to see the banks claim the five pounds ($10) against farm debts. This was changed however after great outcry but it reflects the thinking of banking organisations in their pursuit of profits and power then, and in the financial system still today, for which both Government and banks are responsible when interest rates rise in excess of 20%.

“The common thread through both eras has been the total disregard of ordinary people. If this campaign is not recorded and understood and acted upon, we could see a similar predicament emerge in the future - and this must be prevented. We trust this 'Bankwatch' story will assist great numbers of people, farmers, unionists, small businesses and people seeking secure jobs or affordable housing to understand the seemingly implacable forces organised against the interests of ordinary people. This story calls upon the broader Australian community to work together to build a fairer and more democratic bank and finance system…”

An Outline of Social Credit: Real Credit has been defined by Douglas as the capacity of a community with its plant, culture, and labour, to deliver goods and services. The whole community is embraced within the scope of its meaning, not the so-called workers only. Financial Credit is the instrument for setting Real Credit in motion and converting it into actual goods and services, and for distributing them where they are required. It has been well called the life-blood of society, and performing so all-important a function it should be under the control of society; but at present it is privately owned and controlled.”


A SHORT BACKGROUND SKETCH OF ‘MAMMON’

We know the Sumerians, (4,000BC) the first recorded civilisation of which we have concrete knowledge, had developed to such a degree that: • they had knowledge of building in brick or stone • many lived in towns or cities linked by roads • they cultivated food-plants • had domesticated animals • they had knowledge of the use of metals • used the wheel • exchanged property by the use of money • used a script to communicate ideas • used a calendar, accurate to within a few days in the year • instructed the young in intellectual subjects.

An accurate accounting system
Archaeologist, Sir C. Leonard Woolley, in his book “The Sumerians”, describes the business-like approach of these people to their public records: "Practically every act of civil life, of buying and selling, loans, contracts, legacies... was a matter of law and as such was duly recorded in writing and confirmed by the seals of witnesses...
The temple officials duplicated in title and in function those of the king's palace; besides the priests proper, there were Ministers of the Harem, of War, of Agriculture, of Transport, of Finance and a host of secretaries and accountants responsible for the revenues and the outgoings of the temple.
To the Great Storehouse ... the countrymen would bring their cattle, sheep and goats, their sacks of barley and rounds of cheese, clay pots of clarified butter and bales of wool; all would be checked and weighed and the scribes would give for everything a receipt made out on a clay tablet and would file a duplicate in the temple archives while the porters would store the goods in the magazines which opened off the court..." (A ‘money system’ – a nation’s accounting system)

The modern banking system began with the goldsmiths
As the goldsmiths were craftsmen in gold and silver, they were the only people equipped with strong-rooms for the safekeeping of such valuables at a period when no police forces existed.
Origins of the cheque system:
In those days the only money was gold, silver and copper. It was minted into coinage in the name of the king, and put into circulation in the payment of the army, navy and public service. Those were the halcyon days of no public debts. It was at this stage, however, that a new development took place in the monetary system.
Burglaries and highway robbery were very common in England before a properly organised police force was established by Sir Robert Peel in 1835. For safe- keeping, therefore, gold plate and sovereigns - the chief monetary token - were lodged with the goldsmiths. Every time one lodged, say, 20 sovereigns with a goldsmith, he gave a receipt for the amount. These receipts gradually became currency - that is to say, people accepted the goldsmith's receipts in payment of a debt.
(Read that again gentle reader you need to grasp what important changes occurred in the history of ‘money’.…ed)

The money lender is now issuing the peoples’ ‘money’
And, of course, it was only a matter of time when the goldsmiths themselves woke up to the fact that this practice of the payment of debts and purchase of goods by the giving of a goldsmith's receipt put the goldsmiths in a unique position. Long experience had shown them that very few people withdrew their gold coinage once it was safely lodged with them. By keeping only 10 per cent of the money deposited with them, the goldsmiths could meet all day-to-day withdrawals. The other 90 per cent of the money they were now free to lend at interest.

They learned, to their intense satisfaction and immeasurable profit, that every £100 of gold sovereigns deposited with them was sufficient backing for the lending of £900 in what were called "gold receipts". These gold receipts began to circulate as money because each one was a promise to pay gold on demand.

Thus the gold receipts were the forerunners of the bank note
Garet Garret, in his book, "Anatomy of Credit", tells the story of the origin of banking and credit in these terms: "How can a bank lend credit to the amount of nine times its cash deposits? Perhaps the easiest way to explain it will be to tell the story of the old goldsmiths, who received gold for safekeeping, and who issued receipts for it. These receipts, representing the gold, began to pass from hand to hand as money. Seeing this, that people seldom touched the gold itself or wanted it back, so long as they thought it was safe, the goldsmiths began to issue paper money redeemable in gold, without having the gold in hand to redeem it with.

"A very audacious idea, and yet it worked, because, if a goldsmith was honest, he was solvent, as, in exchange for that paper which he promised to redeem in gold on demand, he took things of value, called collateral, in pledge so that against the outstanding paper he had good assets in hand, and if people did come with his paper, wanting the gold on it, he had only to sell the collateral, buy gold, and then redeem the paper, according to his promise - always providing that the collateral was liquid and easily sold, and that too many people never came at once, all demanding gold on the instant.

"Fewer and fewer people did want the actual gold. So long as they believed in the goldsmith, they preferred to use his paper for all purposes of exchange - paper which no longer represented the actual gold, and yet was ‘as good as gold’ because whenever anyone did want the gold, it was forthcoming. From this evolved modern banking."

‘Money lenders’ became ‘bankers’
In the time of Cromwell, the goldsmiths were referred to as "bankers", (before that they were known as ‘money lenders’ or ‘money changers’…ed) and in 1694 a private company was formed in London which, in consideration of lending the State £1,200,000, was granted a charter to form the Bank of England. The establishment of joint stock banks followed in due course, and the system spread to all parts of the world.

It is idle, therefore, to point an accusing finger at the banks or those responsible for the present monetary system. They have merely inherited the system, and for the most part, have no sense of guilt for the multitude of social evils it has given birth to.
The power to change the system is within the province of any democratic State, and this can be done without dispossessing the banks or nationalising them (e.g., the Marxist answer… ed). But reforms will involve considerable pruning of their powers and also a very salutary increase in the exercise of the sovereign power that belongs to the nation…”

Now go to Social Credit on Wikipedia for a more comprehensive outline.  


IT’S TIME YOU KNEW THE TRUTH – from “The Money Trick” 2004

It's time! It’s time we Australians regained control over our own lives. Test your knowledge of these facts by answering the following questions:
* Do you know that no bank lends the money deposited with it?
* Do you know that when a bank lends money it CREATES it out of nothing?
* Do you know that bank loans are merely pen-and-ink entries - now superseded by computers - in the credit columns of a bank's ledger? They have no other existence.
* Do you know that practically all the money in the community comes into circulation as a DEBT to the banks?
* Do you know that 'fixed deposits' are a plausible screen to hide the creation of credit?
* Did it ever occur to you that the banks enjoy this unique facility of creating credit and putting the nation progressively into debt-bondage because they create FINANCIAL credit against the REAL CREDIT CREATED BY THE PEOPLE?
* Do you know that during the 50 years from 1946 to 1996, Australia's National Debt (Commonwealth and States) increased from $4.7 billion to $87.1 billion in 1994, before being reduced to $62.7 billion in 2004 through a fire-sale of Australian assets?
* Do you know that this debt is largely owned by the banks - if not directly, then as security loans?
* Are you aware that the money received from Commonwealth Income Tax has risen from $431 million in 1944-45, $59 per head of population, to a total of $150.1 BILLION in 2004-45, no less than $7,500 per head of population? The Australian Taxation Office employed no less than 21,500 people at 30/6/ 2004 - more than in Australia's Defence Forces?
* Do you know that every time a Government - from Canberra to your Local Council - borrows money for a public work THE PEOPLE ARE DEBITED WITH THE LIABILITY (IN PERPETUITY) BUT NEVER CREDITED WITH THE ASSET?
* Do you know that Treasury Notes are government IOUs - national pawn tickets for pledging the assets of Australia to the banks for the loan of OUR OWN financial credit?
* Do you know that the banks purchase bank sites, build premises and acquire assets at no real cost whatsoever to themselves - by the simple process of honouring their own cheques?

Further reading:
“The Money Trick”, Veritas Publishing $10.00 plus postage from Heritage Bookshops.
“Economics: Three Allied Activities” (Part 2: Introducing Social Credit) $4.50 plus postage :
“Distinguishing Between Means and Ends” (Part 4: Introducing Social Credit) $4.50 plus postage
“Distinguishing Between Money and True Riches” (Part 5: Introducing Social Credit) $4.50 plus postage.  


THE REAL THINGS IN A SOCIAL CREDIT DISPENSATION

To repeat what Wallace Klinck had to say in “’Short Selling’ in a Social Credit Dispensation’ (On Target Vol46 No19): In a Social Credit dispensation “money would be issued for production of real wealth and cancelled as purchasing-power at its rate of consumption,” thus transcending “the question of whether or not economic activity is private or public.
The purpose of an economy is to provide goods and services for the consumer ‘as, when and where required’- or desired. These are the real things that are essential and meaningful to humans. It is important, indeed crucial, to remember that Social Credit is a policy of Christian philosophy.

To say we are short of money is as absurd as to say that we lack miles, inches, kilograms, centimetres, pounds, etc. Considered soberly, such comments should be regarded as psychotic - and that is, indeed, exactly what the existing financial system is. It misrepresents reality, and increasingly so, as we produce Abundance through the use of better tools, i.e., technology.

While we dig our way out of real scarcity we dig ourselves into an even deeper hole of an inability to access that abundance without placing an ever-growing lien upon the future. And, the nations are told by the established "experts" that we can dig ourselves out of un-repayable debt by increasing the debt - the very factor that has become our undoing in the first place.” The Australian League of Rights has been insisting on these truths for over sixty years.  


THE RULE OF LAW

by John Brett
"Hamish McDonald’s examples in the Sydney Morning Herald of political chaos to the north of us (Thailand) are also perfect examples of what people suffer where there is no such protection as "The Rule of Law". Like Queensland, they have one law for the peasants but not necessarily the same law for the leaders.
As the leader of our federal opposition has avoided invoking the rule of law, at least in Queensland, (referring to ‘The Heiner Affair”) we can only look forward to what those to the north of us are suffering. Indonesia's "pro-refomasi" who "adapted to electoral politics", could well have learnt his trade from Australia, - being so close!"  


AUSTRALIAN LEAGUE OF RIGHTS NATIONAL SEMINAR

Advance notice that the 2010 Seminar will be at the Bendigo Motor Inn, 232 High St. Kangaroo Flat on September 24, 25 and 25th. We have reserved 20 rooms in the Motel.
There are 16 rooms on street level, so, advance booking is recommended. Full details of prices and booking details will be sent on a separate enclosure. The theme of the Seminar is “The Law of Love”

- - Donald Auchterlonie National Director.