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5 April 2013 Thought for the Week:
The Marxists of all kinds know that so long as this type of financial policy is pursued, no genuine co-operation for their mutual advantage is possible between the different members and sections of society. There is the opposite: increasing friction, resulting from the violation of correct principles of association.
The Marxist support for inflation was put very clearly by the eminent Marxist theoretician, John Strachey, the man who had been first a member of the British Communist Party and later a member of the Fabian Socialist Society. In his book, Programme for Progress, Strachey wrote that he had come to believe that inflationary credit expansion policies were 'an indispensable step in the right direction'.
He went on to say, "the fact that the loss of objectivity, and the intrinsic value of the currency which is involved (i.e., inflation) will sooner or later make necessary, on pain of ever-increasing dislocation, a growing degree of social control, for the partial character of the policy will itself lead on to further measures. The very fact that no stability, no permanently workable solution can be found within the limits of this policy will ensure that once a community has been driven by events to tackle its problems in this way, it cannot halt at the first stage, but must of necessity push on to more thorough-going measures of re-organisation."
This frank statement is similar to that of Karl Marx when he was introducing his famous ten points for Communising a State in the basic Marxist text-book, The Communist Manifesto. Marx said that his steps were not an end in themselves, only means to an end. Marx said that while the ten steps 'appear economically insufficient and provisional', they will "in the course of the movement.... necessitate further inroads upon the old social order."
- - Eric D. Butler in Social Dynamics
THE LATEST NEWS FROM ICELAND
The latest news from Iceland on the proposals to remove the banking sector’s powers to create and control that nation’s money. Our friend wrote:
Last week the Committee of Economics and Trade of the parliament (Althingi) recommended to Althingi to accept the (revised) proposal.
The revision is that “a committee will be formed to explore the pros and cons of moving the money issuing rights from commercial banks to the Icelandic Central Bank”, instead of research how “the separation of money creation and loan function of the banking system can be achieved”. So research on the pros and cons instead of focusing on how this change can be achieved.
Following is the full proposal (my translation from Icelandic), as the Committee of Economics and Trade, has proposed to Althingi to be accepted:
In the text for support, the majority committee states:
The voting on the proposal (“Aðskilnaður peningamyndunar og útlánastarfsemi bankakerfisins” - no. 239) is number 47 in line of the parliament.
But there is a large obstacle – a voting regarding a change in the constitution (no 10 in line) and the end is near for the term of the parliament as it was to finish last week. The opposition (by an obstructionism) can hinder the parliament from voting on it, and thereby any other matter on the list. They might decide to end this term (literally) tomorrow, without voting on the outstanding proposals and legislations. In this case, the proposal, along with all other parliamentary proposals, will be dropped at the end of the term.
So we‘re close to a breakthrough, but still quite far away. The parties are trying to resolve the dispute regarding the change in the constitution. Let‘s just hope and pray they will be successful. We‘ll at least find out soon enough.
SEEMS TO ME THE WORLD HAS SEEN THIS HAPPEN BEFORE
by Betty Luks
He writes: The Founder of the Christian Faith would have saved both religion and human society from error, and would save them today if we not merely said "Lord, Lord" to Him, but attended more closely to the things He said, and endeavoured more earnestly to act according to them. He did not divide human life into compartments, spiritual and material, religious and secular. God's writ ran everywhere, and God's love was nowhere more apparent than in the rain and in the sunshine. If men and women desired to appear on the right hand of the Great judge, they must learn to feed the hungry and clothe the naked.
That this was His prevailing attitude is shown by his favourite quotation from the Old Testament, "I will have mercy and not sacrifice," which is the summing up of the prophetic message as opposed to the priestly. An even more striking illustration of His identifying Himself with the prophets rather than with the priests is in the incident of the cleansing of the Temple.
There He quotes from Jeremiah: "My House … ye have made it a den of robbers." Jeremiah said, "Will ye steal, murder, etc., and then come and stand before me in this House which is called by name, and say 'We are saved'? Saved! to do all these abominations? Is this House become a cave of robbers in your eyes?" …
All human life had a material and a spiritual aspect, not separately, but whole. So we ought not to "spiritualise" away His parables into nothingness, but interpret them in terms of human life; the life of His own time certainly, but also the life of all time. If His thought, speech, and action had not supreme accuracy and rightness, the record of them had not survived the centuries.
"Render unto Caesar the things which belong to Caesar; unto God the things which belong to God." Matthew, the inland revenue officer, reports this incident with greater insight and accuracy than either Mark or Luke. When Jesus was asked, "Is it lawful to pay tribute to Caesar or no?" He said, "Show me the legal tender of the assessment."
Put in this light, the question answers itself. It was Caesar's business to provide people with a just currency, as it was his to provide just weights and measures, and Caesar was entitled to the cost of government; but Caesar was not entitled to any more: "The earth is the Lord's and the fulness thereof."
What is GOD’S currency? What has GOD'S image and superscription stamped upon it? Why, MAN! "Inasmuch as ye have done it unto the least of these My brethren, ye have done it unto Me."
Parable of the Unmerciful Servant:
A debtor, owing the king £2,000,000 (ten thousand talents), is summoned, and, at his own request, is granted a moratorium: he goes out and takes by the throat a man owing him £5 (a hundred pence), saying, "Pay me that thou owest." He refuses to forgive his fellow-debtor. So his fellow-servants tell the king, and the big debtor is re-arrested, and his moratorium is cancelled, "So likewise will My Heavenly Father do unto you if ye from your hearts forgive not every one his fellow."
That is, it is necessary - Divine justice requires that the big debtor be severely dealt with and restrained
in order to protect the small ones. Now notice the weird
resemblance, even in detail, and the fatal difference in our
They could not pay; yet they were left with power to make other people pay, to make other people bankrupt, and to press for other nations, provinces, and municipalities to "pay me that thou owest"
Divine Justice would not have forgiven the big debtor a second time: It would have declared his "debts" to be public "credits." One of the effects of our, modern government's refusal to dispense divine justice (the justice of the parable) was that the unwise king (the British Government) had to go bankrupt himself; we defaulted to America.
Our debt to America had been contracted in war-time, when the basis of our credit was the nation's
currency, symbolised by the King's head on the Bradbury.
(Known as 'Bradbury's Flimsies' the notes can be viewed here....
Rev. Robertson continues: Then there is the parable of the wicked husbandmen, who refused the owner of the vineyard "the fruits in their season." They stoned and beat his messengers; and when "last of all he sent his son also, saying, 'They will reverence my son,' they said 'This is the heir, come let us kill him, and the inheritance will be ours.' "
Commentators agree that this parable requires very little
interpretation. The "heir" is Jesus, Who by and by was
crucified. And yet the real point is generally missed, just
because we fail to see how close to life it is, and forget
Matthew xxv. 40.
But the best our statesmen can do … is to raise the price level and to keep it raised. They still keep the issue of credit in central hands, still assume that the vineyard is theirs, and they continue to kill the heir; for nobody is to have any right to anything except he be a producer and work. The only device which man has yet discovered by which the wealth of society can be distributed is by work for wages in the field, factory or office.
Profound Conception of Democracy:
The rich who scorned the invitation were left to themselves, and the marriage feast was thronged with the blind, the lame, etc. Perhaps the most significant gesture towards the democratic idea, God's trust in every man, is the fact that our Lord chose twelve horny-handed sons of toil to be his disciples, and only one of them failed to justify His choice, and allowed himself to be corrupted by finance. (emphasis added…ed)
THIS IS FULL BLOWN SOCIALISM, DIFFICULT TO DESCRIBE ANY OTHER WAY
The following article was originally authored by Lars Seier Christensen, CEO of Saxo Bank, and posted at his blog at TradingFloor.com. It was carried by Tyler Durden, 17 Mar 2013: here
This Is Full-Blown Socialism And I Still Can't Believe It Happened: “It is difficult to describe the weekend bailout package to Cyprus in any other way. The confiscation of 6.75 percent of small depositors' money and 9.9 percent of big depositors' funds is without precedence that I can think of in a supposedly civilised and democratic society. But maybe the European Union (EU) is no longer a civilised democracy?
I heard rumours about this when I visited Limassol last week, but dismissed them as completely outlandish. And yet, here we are. The consequences are unpredictable, but we are clearly looking at a significant paradigm shift.
This is a breach of fundamental property rights, dictated to a small country by foreign powers and it must make every bank depositor in Europe shiver. Although the representatives at the bailout press conference tried to present this as a one-off, they were not willing to rule out similar measures elsewhere - not that it would have mattered much as the trust is gone anyway. It is now difficult to expect any kind of limitation to what measures the Troika and EU might take when the crisis really starts to bite.
If you can do this once, you can do it again. If you can confiscate 10 percent of a bank customer's money, you can confiscate 25, 50 or even 100 percent. I now believe we will see worse as the panic increases, with politicians desperately trying to keep the EUR alive.
Another open question is what will happen to the huge number of brokerages based in Cyprus? There are about 100 or more FX and other brokers currently operating under the relatively light Cypriot regulation. How will this impact the trustworthiness of these many small institutions? What IS the exact impact on the client deposits they might be holding in Cyprus? Will anyone dare to do business with them going forward?
This is a major, MAJOR game changer and the fallout will be with us for a long time to come. I believe it could be the beginning of the end for the Eurozone as this is an unbelievable blow to the already challenged trust that might be left among investors. Talk about a possible own goal.
Market reaction? It must be very good for gold - and for safe-haven countries like Switzerland, Singapore and economically more healthy non-Euro countries in, for example, Scandinavia. I would think the EUR and associated markets will be undermined by increasing lack of confidence when the full implications become clear for investors. This is full-blown socialism and I still cannot believe this really happened. Be careful out there...
CAPITALISM AND COMMUNISM: TWO ‘PRONGS’ OF THE SAME FORK
by Betty Luks
It was a former South African journalist, Ivor Benson, who revealed to the world just what was the significance of a 1980’s Fortune article on “Russia’s Underground Millionaires”! (June 29, 1980). The story, told by no less an authority than a former international law expert in the Soviet Ministry of Justice, one Konstantin Simis, was then resident in the United States.
The State the Owner of All means of Production…
Private Enterprise a Crime?
“Private enterprise,” he goes on, “cannot for obvious reasons handle items like motorcars and machinery, but must concentrate on items of the kind that most people want and can afford to buy, like clothing, shoes, artificial-leather goods, sunglasses, costume jewellery, recordings of Western popular music, etc…” The New Times, Vol. 46, No. 9 September, 1981
State-owned Enterprises – and State-owned Banks! Tell me gentle reader, having recently read of the obscene wealth of some of China’s present leaders, under a Communist system, have you not asked yourself: How did these people gain their enormous wealth, under a Communist system? What happened to “From each according to his ability. To each according to his need”?
ONE OF THE EARLY RUSSIAN OLIGARCHS FOUND DEAD IN UK
Russian tycoon Boris Berezovsky found dead: The Times of India has reported: “In recent years, the one-time Kremlin powerbroker-turned-thorn in Putin's side fended off attacks on his character and on his fortune - sometimes successfully, sometimes not - in cases that often bore political undertones.” http://timesofindia.indiatimes.com/world/europe/Russian-tycoon-Boris-Berezovsky-found-dead-UK-police/articleshow/19163668.cms
Boris Berezovsky, a self-exiled and outspoken Russian tycoon who had a bitter falling out with Russian President Vladimir Putin, has been found dead in southeast England. In recent years, the one-time Kremlin powerbroker-turned-thorn in Putin's side fended off attacks on his character and on his fortune - sometimes successfully, sometimes not - in cases that often bore political undertones.
Thames Valley police said Berezovsky's death was being treated as unexplained. They would not directly identify him, but when asked about him by name they read a statement saying they were investigating the death of a 67-year-old man at a property in Ascot, a town 40 kilometres west of London.
A mathematician-turned-Mercedes dealer, Berezovsky amassed his wealth during Russia's chaotic privatisation of state assets in the early 1990s. In return for backing former Russian President Boris Yeltsin, he gained political clout and opportunities to buy state assets at knockdown prices, making a fortune in oil and automobiles. (How did this gentleman gain access to such sums of money that allowed him to buy even ‘knockdown priced’ state assets? Bear in mind the banking system under the Soviets was a state controlled banking system....ed)
He also played a key role in the rise of Yeltsin's successor, Vladimir Putin, but later fell out of favour with the new leader and fled to Britain to seek political asylum in the early 2000s. After coming into power, the Russian president effectively made a pact: the oligarchs could keep their money if they didn't challenge him politically. Those who refused found themselves in dire circumstances. Some were imprisoned, like the former Yukos Oil chief Mikhail Khodorkovsky, while others, like Berezovsky, fled.
In the UK, Berezovsky allied himself with an array of prominent Kremlin critics. Among them was ex-KGB agent Alexander Litvinenko, who fled Russia with Berezovsky's help after accusing officials there of plotting to assassinate political opponents. Berezovsky, who considered Litvinenko a close friend, consistently denied the allegations….”
Ivor Benson revealed how the capitalists and communists worked ‘hand in glove’ within the Soviet state-owned industrial and banking systems, and Berezovsky, obviously one of the more ‘favoured’ Marxist Mafia, was in ‘the right place’ at ‘the right time’ to score prize state assets with the downfall of the Soviet system.
ELEVATING THE SOCIALIST WORK STATE CONFORMS TO RIGID IDEOLOGY
by Wallace Klinck
Social Credit declares "To each according to his ability and the added Beneficence of God and Abundance of Nature which latter, through our growing efficiency in using scientifically the laws of nature, becomes enormously greater than the results achieved by mere human labour." To even imagine that human labour is the creator of all wealth reveals an indescribable arrogant conceit amounting to outright blasphemy. In secular terms it is plainly insane.
Social Credit policy would confer upon the individual economic independence.
Essentially, we are referring here to exploitation of the "mob mentality." Douglas said that genuine democracy would maximise the ability and choice of the individual to contract out of association. This implies the desirability of limited government and is compatible with the importance accorded to the individual by Christian philosophy.
JAILING KIDS FOR PROFIT
I think by now, most even semi-conscious people know that private prisons are Big Business in the 'Land of the Free.' But do you know what the fastest growing segment of the prison population of the US is?
An extreme example of a common story:
The cops knew this was going on, the prosecutors knew this was going on, the court officers knew this was going on, the other judges knew this was going on...and they did NOTHING. What kind of people tolerate this rampant criminality in their faces day in and day out. Apparently a lot of cops, prosecutors and fellow judges.
And what about the human garbage that ran the private prison - the people who paid the judges to jail kids. They appear to have gotten off completely scot-free. If they could afford to pay millions in bribes how much to you think THEY made?
Notes from YouTube: Judge Mark Ciavarella and Judge Michael Conahan received over two million dollars selling kids to private jail facilities. Judge Ciavarella was found guilty yesterday on 12 counts of corruption.
POLICY ISSUE OF HIGHEST PRIORITY
by Wallace Klinck
“The practical object of the whole of the economic and industrial system is to deliver, not “more,” but the right quantity of the right goods to the whole of the people, with the minimum of discomfort to all concerned, the people themselves, i.e., individuals, being the judge both as to quantity and rightness.
After that object has been attained, the productive organisation may legitimately be an outlet for creative activity. At no time is it a legitimate object of the general productive process to “provide employment” for the purpose of distributing wages – to make things which the public do not need, and the makers do not enjoy making, in order that some canon of obsolete theological morality, or the premises of an effete financial system, may thereby be satisfied. Still less is it a legitimate tool of the will-to-govern.”
Further reading: The New Times, December 1975. “Becoming as Little Children” by Eric D. Butler.
FEMALE SUICIDAL MIND AND FREEDOM OF POLITICAL COMMUNICATION
by Ian Wilson LL.B.
The Constitutional question was whether a provision in the Commonwealth Criminal Code, which had it a crime to send offensive materials through the post was in conflict with the Constitution’s implied freedom of political communication.
The male judges saw the provision as going too far in restricting political discourse and hence was unconstitutional. The female judges disagreed and added a dimension that the male judges did not accept, the idea of protesting individuals in their private domain. Restricting political discourse in this way was not contrary to the Constitution they held.
Zifrak concludes that there is psychological research indicating that male and female conceptions of justice differ with men being more formal and women more relational, with a greater importance given to the private sphere.
The female judges, in my opinion, operated with a legally indefensible category. But, I suppose as we approach 100% dominance of women in law, men will learn to live with such decisions.
OBJECTING TO THE ANTI-DISCRIMINATION BILL
by Ian Wilson LL.B:.
The reversal of the 800-year-old common law presumption of innocence until proven guilty is a “blatant injustice”. The new definition of “discrimination” as “any unfavourable treatment”, which “may offend another person” is rightly seen as so wide and vague as to include political opinions about which a person may disagree.
There is no right not to be offended and “Any expression of an opinion is likely to be offensive to someone who disagrees”. Further, the Bill has the effect of creating “protected” groups who are given special “rights” by the government. This is contrary to equality before the law.
The submission says: “It is incomprehensible that such legislation as the proposed Bill could be seriously contemplated. In fact it is a prescription for a totalitarian police state. It would also be a minefield of litigation.” So true, but as I see it, that remains the goal of the Bill.
457 REASONS TO STOP IMMIGRATION
by James Reed
These visas, like the overseas student scam, are all about bringing in permanent migrants, on top of our already massive migrant numbers. Labor is planning to bring in 129,250 skilled migrants, most Asian, and no doubt almost all of these will stay, generating ultimately chain migration of millions of people. At the present rate, whites will be a minority in “Australia”, or whatever this place will become, by 2030. Some of us will live to see the end of the world as we know it, knowing that we did nothing to stop the rising tide of colour.
ABOLISH THE AUSTRALIAN HUMAN RIGHTS COMMISSION
by Ian Wilson LL.B.
Mr Breheny said: “By supporting the draft Human Rights and Anti-Discrimination Bill 2013, the Australian Human Rights Commission has demonstrated hostility to freedom of speech, freedom of association and freedom of religion. The Commission is 100% tax payer-funded yet it actively lobbies governments for laws which undermine human rights, rather than defending and protecting them. It should be abolished.” Here, here!
WHAT NEXT WITH THE PATEL CASE?
by Ian Wilson LL.B.
There, he was involved in the medical practices which led to his present legal battle. His conviction was quashed by the High Court because of the prejudicial way the prosecution had conducted its case, essentially charging its argument in mid-trial thus making much evidence already heard, prejudicial. Then, in the present re-trial, the prosecution had difficulties even getting its particulars straight, and was criticised by the trial judge.
My prediction is that Patel will walk free. After that – well, he probably will need compensation for his time in gaol. Will he be given his old job back too?
OPINION POLLS AND THE KRUDD FACTOR
by Peter Ewer
This is not just my opinion – journalist Gary Johns (The Australian, 12 March 2013, p.12) says the same and then goes into a critique of Rudd’s personality, showing that Labor cannot go forward with Gillard or back to Rudd. I agree; as utterly terrible as Tony the Rabbit will be, at least it is a different person to criticise. It is time for voters to pull Labor out of its misery.
ANYTHING LESS THAN FATAL: CAMP OF THE SAINTS SWAMPING IS…
Just Plain Racist! By James Reed.
The government lacks the room to house asylum-seekers and has placed asylum-seekers on bridging visas out into the community without an assessment of security issues. Tragically this has already led to alleged sexual assault of a female university student when asylum-seekers were housed with the students.
PACKING IN THE ASIAN STUDENTS
by James Reed
It is the same argument used to say that by taking in foreign workers jobs are created for locals. Packer, in backing the universities is backing a loser and should stick to casinos. Overseas student’s costs have risen 166 percent over the last decade, annulling Australia’s so called education advantages relative to the United States (The Australian, March 13, 2013, p.29). Australia, however offers “post-study work rights” which the U.S. does not, which actually means that each overseas student from China and India is just another permanents migrant, taking another Aussie job – oops, no creating thousands of jobs! (If Gillard is right that 457 visa workers take Aussie jobs, then how are student migrants any different?)
Interestingly enough a recent study has shown that contrary to the hype and BS delivered by the university chiefs, the Australian workforce is “over-educated” (The Australian, March 13, 2013, p.31). Around 50 percent of graduates are working in jobs that do not require the qualifications which they have. And what about the mighty migrants?
The so-called higher education export bonanza is an illusion. The often quoted $15 billion figure has been challenged by academics such as Dr Bob Birrell, and in any case $15 billion is a drop in the ocean compared to the infrastructure costs of new migrants – about $200,000 per annum for each. These costs are pushed into the future and not publicised, so the capitalists don’t have to deal with them.
At the root of this trouble lies our universities. In 1971, 3 percent of adults attended university; 24 percent did in 2006. Gillard basically wants everyone to attend. In my opinion there couldn’t be a quicker to way to collapse Society than this. The harm already done by the universities will take a hundred years to heal if the bull-dozers went in tomorrow.
WATCH LIBS GO TO WATER ON ABORIGINAL/CONSTITUTIONAL CHANGE
by Ian Wilson LL.B.
Ten days later, Abbott is reported as proposing to put forward within 12 months of winning office a draft constitutional amendment recognising indigenous Australians (The Australian, March 15, 2013, p.1) If he goes down the Tudge road then he will need to put in an affirmative action advancement clause, creating, essentially two classes of Australians. If he keeps things to just a recognition in a new preamble, the Aboriginal lobby will not be satisfied. What is a rabbit, and a politically correct weak one, to do?
I say: bring it on! Let’s fight this one and defeat it decisively! It could be a good exercise to get a new nationalist movement going. We need to start talking now to deconstruct the sentimentality. What is behind this push is the creation of a politically correct Bill of Rights. Hands off our Constitution!
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