|Subject:||Re: [socialcredit] ---Re: ELECTRONZ - 611 and the 'Red Dawn'|
|Date:||Tuesday, April 4, 2006 23:48:35 (-0600)|
|From:||Wallace M. Klinck <wmklinck @....ca>
The Social Credit proposals are formulated to compensate for an inherent
defect in financial accountancy which results in an exponentially
increasing deficiency of consumer income in respect to the financial cost of
goods produced in each cycle of production. Social Credit consumer credits
issued as National (Consumer) Dividends and Compensation of Retail Prices
is cancelled as purchasing-power when used to purchase consumer
goods--either by repayment of production loans to the banks or in being
placed to capital reserve. Any scheme directed to "get some of it back"
would be to defeat the purpose of issuing such consumer credits in the first
----- Original Message -----
From: "Jock Coats" <email@example.com>
Sent: Tuesday, April 04, 2006 4:18 AM
Subject: Re: [socialcredit] ---Re: ELECTRONZ - 611 and the 'Red Dawn'
> On 3 Apr 2006, at 23:36, John G Rawson wrote:
>> And please don't give me the completely ridiculous answer that all
>> taxation is unnecessary, in this modern age when populations demand so
>> much of government spending.
> John, forgive me for butting in here. I agree. But also, partly why
> there is such a high demand for public spending is that people do not get
> to keep enough of what they can make to be able to afford to do for
> themselves what they then expect government to provide.
> I reckon you could probably slash government spending in half at least in
> a more equitable fiscal environment.
> This is why I like SoCred to get the money out there and LVT to get some
> of it back as land rents reflect so well the public sector inputs into
> them, so you would be recycling public sector capital expenditure and
> giving people more of their own money back to let them choose what
> revenue expenditure they wanted to support/use.
> Jock Coats - Chair, Oxfordshire Community Land Trusts
> c/o Warden's Flat 1e, J Block Morrell Hall, OXFORD, OX3 0FF
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> www: http://www.oclt.org.uk/ - http://jockcoats.blogspot.com/
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