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Hello Ken,
Many thanks for your message. Believe me, I
am not naive in making my enquiry and I am certainly not "holding my
breath." What I am doing, however, is to give them a chance to respond
with whatever they have or as they so choose. Perhaps it would serve a
good purpose if they were deluged with such enquiries and thus forced into
deeper reflection on, and research into, the matter--and compelled to
respond from pure force majeure. I have not read the Edwards
Report. That the Island has become an offshore banking mecca may indeed
have such implications as those to which you have alluded. The financial
establishment of this world has certainly never given any indication of desiring
any fundamental change to policies which relentlessly pursue the centralization
of political and economic power. Nor have they exhibited any inclination
to brook any activities, financial or otherwise, which oppose their
policy. That said, I agree that the alleged financial experiment of
Guernsey should not be represented as Douglas Social Credit, per
se.
I have often looked toward but never actually
travelled to your Island, which I am told is a beautiful and abundant place for
whatever reasons. (I am assuming here that Guernsey is the Channel Island
where you reside.)
Sincerely
Wally
----- Original Message -----
Sent: Wednesday, April 27, 2005 7:23
AM
Subject: Re: [socialcredit] Re the "Guernsey
Experiment" -- Wally
> In-Reply-To: <001b01c54b02$e5aaf010$6400a8c0@cdv73pbgpo6eny>
> Dear Wally.
>
> Though I, as a Channel Islander
myself will be fascinated to hear what
> your Island bureaucrat has
to say to you on the subject of Island
> finance, I would warn you not to
hold your breath :-)
>
> My own experience in trying to get up to
date information on this issue
> leads me to believe that there is
NO ONE in States departments who either
> understands what you speak of,
they are all orthodox mainland trained bank
> wonks, or who know anything
about the history of why the islands have
> remained debt free for so
long. Like many hundreds of years.
>
> That is obvious to me from
the Edwards report.
>
> The influx of international banks in the
last generation do not explain
> this. They have come to take advantage
of the situation, not create one.
>
> Speculating about the reasons
for this leads me to believe that the
> administrations are under intense
pressure from more central interests to
> either conform to "acceptable
norms"of banking practice, or to shut up
> about what some of the
political groupings on the islands refuse to give
> up.
>
>
The result is that I think you will get nothing that you will find either
> illuminating or satisfying by that route.
>
>
Pity.
>
> Ken.
>
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