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Subject:[socialcredit] RE: Sieg Heil, John!
Date:Monday, January 3, 2005  10:53:58 (-0800)
From:William B. Ryan <w_b_ryan @.....com>

But I don't think John regards it as an insult, 
Michael, and at any rate, he can give as well as he 
can take.  I was making a larger point about the 
totalitarian mentality.  I have already received some 
more perceptive responses than yours, that deserve
serious replies, as in the following:
-

The first time I ever saw a politician I was about 4, 
and there was this awkward cut of a fellow, badly 
dressed and with his crossbargate bike slung against 
the stonework below him, standing on the bridge 
before our brewery pond. He was shouting two slogans. 
"Monetary reform" and "Shoot the Odlums" - the Odlums 
being the local millers. I mention this is the 
context of fascism. This chap, who eventually retired 
with a Papal knighthood and as Father of the Irish 
Parliament, was a leftover from the Blueshirts, the 
pre war Irish proto fascist party.

But to a slightly more serious note. This level of 
monetary debate is slightly beyond my expertise, 
despite the fact that when I did work in a bank and 
was responsible for the central bank returns and was, 
eventually a reporter reporting on the BIS and WB. 
(That doesn't mean you have to know anything about 
CB's but it helps.) The basic point I noticed is that 
you are talking about stopping flows of money, as 
though that was a decision that could be taken on an 
arbitrary basis and without any consequences. The 
flows to Wall Street are dividends and fees, mostly 
on behalf of clients for whom Wall St holds bonds and 
shares. There is a relationship that underpins the 
situation, that between the actual shareholder and 
the company in which the shares are held.
 
Would this proposal lead to the confiscation of 
dividends?  And if that happened, where is the cash 
to pay pensions to come from? Manufacturing money has 
not to date been a solution to anything, and has 
merely fuelled inflation, at least in the real world.
-




--- "Michael E. Etchison" <etchison@mleconsulting.com>
wrote:

> I think this qualifies as "flaming." 
> 
> William B. Ryan:
> 
> >Instead, you rant on about having the Federal
> Government become the
> monopoly banker.  Sieg Heil.<
> 
> 
> 


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