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16 September 2011 Thought for the Week:
Breathes there the man, with soul so dead,
Who never to himself hath said,
THE WORDS SPEAK FOR THEMSELVES
“China’s most powerful agricultural company, with more than 900,000 employees and connections to State-owned banking enterprises is looking to acquire about 80,000 hectares of Western Australian farmland” the Stock Journal (25th August 2011) reports.
It constitutes “No Threat” claims former WA Farmers’ grains committee president Doug Clarke who has been providing advice for the Chinese group. He says their investment interest in Australian agriculture is positive for land values. “I don’t see it as a threat at all. Farmers are entitled to sell their land if they want to and it’s just another option.” (emphasis added...ed)
IN PRAISE OF THE NATIONAL DIVIDEND
by Brian Simpson
A.R. Orage in his 1934 pamphlet, The BBC Speech and the Fear of Leisure, observed: “If the machine does the work of one hundred men, its production is enough to pay one hundred men’s wages. The Dividend is the logical successor to the Wage.”
She explains: “So long as absentee owners direct the work of waged or salaried employees (whether in private or state corporations) the motivation for reform will constantly be frustrated. Where money is the master motivation, all other values fade into subsidiary considerations. The major debates currently raging about war, famine, agribusiness, debt, environmental/ecological degradation, GM, world trade and poverty all stem from one central cause. People are held into doing what they are doing because they seek to profit financially from their co-operation with others. Whether the “profit” is from speculative sale or sale of labour time becomes immaterial. Both are beholden to the same phenomenon: “it’s the economy stupid!” The money economy has come to obscure the practicalities of everyday life.”
Social credit and the National Dividend is the best way yet devised of returning the money economy to the practicalities of everyday life. The National Dividend liberates the present wage slave, enabling him to be a free man and citizen. * "The Fear of Leisure"
by James Reed
I was surprised to find our own Mr Optimistic Growth demographer, Bernard Salt “Road to Armageddon: Could Australia Look Like This in 2020”, The Australian, August 25, 2011, p.29, entertaining some less than smiley-face thoughts. Manufacturing in Australia by 2030 or even 2020 would have shrunk like a grape in the Simpson Desert. The idea of outsourcing a nation’s entire steelmaking capacity to China is he thinks “probably not a good idea” just in case there’s a war. Our agriculture and tourism industries are also taking a whamming. For example, all of those Queensland theme parks are premised on families taking holidays, but with the “demise of the family” and people going to Asia rather than holidaying in Australia, there goes tourism. And the rest of the world “no longer views Australia as a compelling destination.”
Then there is the rise of the new god on the block, China. Power will flow to China, the US and West will decline. “A schism opens in the nation between those with the skills to engage in a global, but China-oriented, hemisphere and those left behind.”
NEITHER CONFOUNDING THE PERSONS NOR DIVIDING THE SUBSTANCE
The balance and division of power by John Brett
As he is aware, no problem is ever solved by making it bigger, which is the undergirding principle of our Constitution, which disperses the power of men in government. As our governments and their critics move relentlessly towards republican-style dictatorial presidential central control of every other member of parliament, who have in turn, destroyed the apparatus of decentralised power, to the point where local government is now the instrument of premiers, who are in turn the vassals of the prime minister.
Our constitution was meant to protect us from these ancient tendencies of all government. Now our constitution is protecting the government from us, as our prime minister is fully aware. She won't have to be bothered with criticism or exposure of her dictatorial policies from the leader of the opposition, or the spokesmen on ACM's well read site.
What is even more dangerous is the alternative leader sitting quietly like a rabbit in a squat, knowing his 40-year-old ambition to be a prime minister is about to be fulfilled as the existing PM will be thrown out at the next election. He knows, governments are voted out, not voted in, so won't be making promises his masters will deny him when he falls into office.
"All power tends to corrupt and absolute power corrupts absolutely". Only we are the losers".
SOCIAL CREDIT AND TRANSITION MAPPING
Wendell Berry (“Higher Education and Home Defence”, The Social Crediter, vol. 87, 2011) has some relevant thoughts on localism as a defence from globalism. First we need to see our opponents for what they are: “professional vandals”: “Everywhere, every day, local life is being discomforted, disrupted, endangered, or destroyed by powerful people who live, or who are privileged to think they live, beyond the bad effects of their work.”
According to Berry, the universities have betrayed their mandate to serve local regions, embracing essentially a rootless cosmopolitanism; the universities have “worked instead to uproot the best brains and talents, to direct them away from home into exploitative careers in one or other of the professions and so to make them predators of communities and homelands, their own as well as other people’s”.
Writing in her article “Transition Mapping for Local Authority, Part II’, The Social Crediter, vol. 87, 2011, Dr Frances Hutchinson points out that the present owners of the Monopoly game copyright are marketing local variations of the game, including a blank version where one can fill in local name places. This should get us to thinking about social metaphysics of our local area: who does what, owns what, does the work and benefits. This is a first step in seeing the distinction between the real economy of production and the abstract money economy, which essentially exists in cyber-space as computer blips.
Transition mapping occurs by “building up a picture of the institutions occupying sites in a town today, and comparing them with those of a century ago…it is possible to assess how authority has been centralised by the State and the corporate bureaucracies. By tracking local changes over the last century it becomes possible to plot alternative courses into the future”.
US REGULATOR SUES BANKS OVER SUBPRIME MORTGAGES
According to an ABC report:
Before the financial crisis, many banks sold a type of investment called a mortgage-backed asset. The main component was an ordinary home loan which had been repackaged alongside other types of investments. But when many of these American borrowers defaulted on their mortgages, their assets - valued in billions on paper - were effectively worthless.
"Fannie Mae and Freddie Mac are the epitome of a sophisticated investor, having issued trillions of dollars of mortgage-backed securities and purchased hundreds of billions of dollars more," said Mayura Hooper, a spokeswoman for defendant Deutsche Bank AG, in a statement. A Bank of America spokesman said Fannie Mae and Freddie Mac were trying to shift responsibility to banks after earlier blaming losses on other factors. The lawsuits reflects how different parties - including investors, banks and different government groups - are fighting over who should bear losses from a housing crisis that in 2008 drove the economy into its worst recession in decades.
ORWELLIAN - SEC MAY HAVE BEEN HIDING BIG WALL STREET CRIMES
“Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file – "Hey, chief, didja know this guy had two wives die falling down the stairs?"
According to a whistle-blower at the SEC* who recently came forward to Congress, the agency has been systematically destroying records of its preliminary investigations once they are closed. By whitewashing the files of some of the nation's worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG.
This destruction of records as outlined by the whistleblower, Darcy Flynn, an SEC attorney, points to in Taibbi's words, "a federal police force that has effectively been conquered by the financial criminals it is charged with investigating." Scary and important stuff.
* SEC – Securities Exchange Commission
THE DECLINE OF THE WEST AND THE CONVERGING CATASTROPHIES
by James Reed and Brian Simpson
Further, as Cosic puts in, “Morris argues that China, at any point in the time frame he covers, could have matched or overtaken the West. And it still might.” So, essentially at any time in the last thousand years, say, China could have overtaken the West. Clearly this is absurd but it is the sort of thesis that gets up in this present anti-Western culture which the intellectuals inhabit. If China could have done it, it would have done it, but China failed against the Mongol invaders, and Japan. Probably it will fail again, victim of its own hubris.
HUNTING THE GREAT STAGFLATION
by James Reed
All very interesting since the Reserve Bank is predicting the possibility of Stagflation. (The Australian, August 24, 2011, p.1)
Not only that but the volatility of world markets will continue for years and may lead to greater financial and economic instability than the 2008 global financial crisis.
And that most holy of holies has been questioned: continuing Chinese growth.
THE FATE OF BRITAIN
by Peter West
The West wants to create massive urban populations at a time when the possibility of catastrophic social breakdown from environmental resource depletion looms on the horizon. No doubt the elites hope to make a quick profit and die before the proverbial hits the fan. But what if they don’t: maybe there will be no place to emigrate to?
CAN THE WHITE RACE SURVIVE?
by Peter Ewer
The illustration from Endeavour is from James Denson Sayers, Can the White Race Survive? (Independent Publishing Co., Washington DC, 1929). The caption under the illustration reads:
Sayers was an optimist: the program of White racial genocide proceeds faster than even 1920s cosmopolitans could have anticipated. Every social pathology which can infect a civilisation infects ours. A Canadian academic writing at View from the Right (www.amnation.com), August 6 (“Can Whites and Their Civilisation Survive?”) puts it thus:
In the meantime, refuse to accept the lies of the Establishment. Dream of how our society should be and join with others in the grand counter-conspiracy to unwind the evil world they have created.
GOD, AND WHY IS THERE SOMETHING RATHER THAN NOTHING?
by Chris Knight
The Australian League of Rights dis-associates itself from Dr. James Saleam and any activities controlled by him.
THE NATIONAL WEEKEND IS FAST APPROACHING
The 65th Annual "New Times Dinner" will be held on the Friday 23 September and the National Seminar 24th of September, the Divine Service and Action Conference on Sunday 25th. The theme is "Making a Difference".
The special speakers at the Seminar on Saturday 24th September 2011 are:
2. Topher Field: “Communication – Making the Penny Drop” Topher is son to Chris and Susan Field (fifth of their seven children) and has become a popular YouTube identity through his punchy “Unpopular View” videos about water issues. Coached in communications by his dad, Topher has energised the emergent technologies and the language of his generation to become an effective communicator now sought after by academics, businesses and people with a message to get out to the public. Topher took the last part of his name (Christopher) to avoid confusion with his dad, Chris. He then took serious interest in polishing his professional skills as a presenter and actor, to empower him to reach his generation. Get a rare insight into the thinking and actions that have made Topher a respected and effective voice for the Australian public.
Please take note: THE SEMINAR (ONLY) will be held in the “All Seasons Motel”, McIvor Road, Bendigo. $20.00 per person.
To Book Your ACCOMMODATION: The Bendigo Motor Inn, 232 High St. Kangaroo Flat gave us very good service last year so we are pleased to return.
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