| Subject: | Re: [socialcredit] Debt & money | | Date: | Thursday, February 23, 2006 08:42:51 (-0800) | | From: | Joe Thomson <thomsonhiyu @....ca>
|
| In reply to: | Message 3490 (written by Jeffery Smith) |
Jeff, and All,
Two posts have appeared this morning which, to me, stand out as being
particularly well-written. The first is from Peter Haines, in response to
Alan Avans plea to the moderator to remove Dan Morin from further
participation here. Dan has posted intermittently for quite some time, and
part of one of his recent posts was considered by Alan to be offensive, and
in the nature of a personal attack on another member. I didn't take it to
be that way myself, nor did the other member supposedly 'attacked', John
Rawson. But in reading what Dan did say again I can see how it might've
been interpreted so.
I don't really know what Dan is promoting, if anything, though he seems to
feel that 'hard-work' is the great cure-all for economic ills from what I
gather. There are, no doubt, many in every country who feel that way ~
indeed, the current governments of both Canada and British Columbia are
headed by individuals who seem to espouse such notions. Dan is entitled to
his opinion. And, like Peter, I think it's up to us in Social Credit to try
to show him where he's wrong. We can't do that by 'expelling' him.
The second post, and truly an outstanding one, even though it's opening
comments might be seen as a contradiction to what I've just said, was from
Wally Klinck. And should be read in its entirety, not only by Dan, to whom
it's addressed, but also by Jeff. To whose post below, this is in response.
Wally has said what needs to be said in a way far better than I, or anyone
else here ever could. We are here to discuss 'Social Credit', Jeff, and the
latter word of that title is 'credit'. 'Money', in its tangible form. You
really need to try to find out just 'what' both are before advocating a
'tax' on land, or whatever, that will be paid that way. If you have a
desire to learn, there are people here who will try to help you. If not,
then this is not really the place to promote 'single tax' first.
Joe
----- Original Message -----
From: "Jeffery Smith" <jjs@geonomics.org>
To: <socialcredit@elistas.com>
Sent: Wednesday, February 22, 2006 9:51 PM
Subject: Re: [socialcredit] Debt & money
> On Feb 22, 2006, at 8:29 AM, Joe Thomson wrote:
> >
> > Businesses routinely fund their ongoing 'operations' by way of 'debt'
> > (bank loans).
>
> If true in any major way, very counter-intuitive, that to operate, one
> must go into debt. If routine operation is not sustainable without
> debt, then the debt can never be paid off - and the company will go
> bankrupt. Hardly routine operation. To begin, to expand, sure, debt is
> routine. But to stay afloat? Not for any business reasons, just to
> minimize tax liability.
>
> SMITH, Jeffery J., President, Forum on Geonomics
> 7536 SE Milwaukie Av, Portland Oregon 97202 USA
> 503/232-1337; jjs@geonomics.org; www.geonomics.org
> Share Earth's worth to prosper and conserve.
>
> ---------------------------------------------------------------------
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