| Subject: | Re: [socialcredit] Re: COGEXEC: Norm Kurland: Plagiarist | | Date: | Sunday, September 4, 2005 17:04:05 (-0700) | | From: | William B. Ryan <w_b_ryan @.....com>
|
| In reply to: | Message 2704 (written by Keith Wilde) |
I don't know, but it's a reasonable inference that
Douglas had something to do with it, if indirectly, I
think. Alaska's closest neighbors are the Canadian
provinces of British Columbia and Alberta. A
significant minority of the state's population derives
from immigrants from Western Canada. The major plank
of the Social Credit movement throughout the world
from the early 1920s was the social dividend
distributed to everyone equally by right of
citizenship. A former Alberta provincial treasurer
participated in the drafting of the plan, etc.
In the broader perspective the Alaska dividend has
more than two decades of experimental evidence
supporting several important aspects to Social Credit
theory, though it derives from a natural resource
windfall rather than the public's more general credit,
making it especially applicable to places like Iraq
that have such windfalls.
-
It is useful to compare the Alaska experience to the
Kelsoist gimmicks that have hijacked some of the same
populist rhetoric.
Loans were not used to finance the Alaska plan so debt
was never involved.
Royalties from the oil windfall were and are invested
into a diversified portfolio of real estate and
securities.
The Permanent fund is prohibited from drawing down
principal to pay dividends.
Dividends may only be paid from investment income,
which is what makes the fund permanent.
These are precisely the aspects that so infuriate
Kurland and his sycophants.
-
If you will notice, Kurland's schemes, despite the
sanctimonious populist rhetoric, always involve loans,
which are used to purchase existing capital in the
name of designated beneficiaries, guaranteeing profits
to the financing banks and the former owners of the
purchased capital, and guys like himself who put the
deals together.
Future profits are mortgaged against the financing
loans. Dividends are hypothetically paid only after
the financing loans are fully paid off, assuming at
that point in time there are profits, which is what
makes their schemes so problematic. Diversification
is a word that is not to be uttered from the lips of a
Kelsoist if he is to escape the wrath of Kurland.
The Kelsoist scheme for Alaska was to utilize loans to
purchase British Petroleum's one-sixth interest in the
Alaska Pipeline, pledging the one-sixth interest's
future "tariffs" against the "self-financing" loans.
One thing for sure, the scheme would have definitely
made a select group of privileged people rich, except
the supposed beneficiaries, the people of Alaska.
Thank God is was rejected by the people of Alaska in
referendum, and the self-serving Kelsoist United
States Senator from Alaska voted out of office. (I am
quite aware he might have been voted out anyway in the
Reagan landslide.)
Now Kurland is trying to push the same boondoggle on
Iraq.
-
--- Keith Wilde <nschwartz@cogeco.ca> wrote:
OK, what we see here is more of the self-puffery and
exaggeration that strays beyond the boundary of truth.
With that I am familiar. The wonder and aggravation
of it is really the question of how much influence
Kurland and his associates are able to sell on the
basis of what does appear to be a substantial degree
of fantasy and distortion. Your probing into some of
the claims (e.g. accounting credentials) did expose
what seems to be a pattern of behavior that is almost
deliberately self-delusional.
I nonetheless remain puzzled by your consistent charge
of plagiarism w.r.t. Kelsoists. In respect of the
Alaska Plan in particular, how do you know that it was
inspired by Douglas? I don't recall having heard that
before (but I'm not always listening either).
Keith
----- Original Message -----
From: "William B. Ryan" <w_b_ryan@yahoo.com>
To: <cogexec@cog.kent.edu>; <socialcredit@elistas.com>
Sent: Saturday, September 03, 2005 11:56 AM
Subject: [socialcredit] Re: COGEXEC: Norm Kurland:
Plagiarist
Keith, the date is merely the smoking gun. The
plagiarism is that he claims that Chalabi's proposal
is his own, and that it represents a "reversal" from
his "previous" advocacy of the Alaska model, which is
the lie. Chalabi's proposal was and continues to be
inspired by the Alaska model, which he and his
advisers repeatedly cite. They have not once
mentioned "Binary Economics" or Norm Kurland in any
public forum, despite Kurland's illusions of grandeur.
They may not be aware of the term.
You might remember a couple of years back when Rodney
Shakespeare stupidly claimed that the Alaska Dividend
was the implementation of "Binary Economics."
I replied that, on the contrary, Kelso, Gravel and
Kurland vehemently opposed the Dividend plan when it
was proposed, and tried to promote their alternative
scheme--something quite different in purpose and
intent.
That set Kurland off on his usual tirade.
-
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