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Subject:RE: [socialcredit] Economic Democracy
Date:Wednesday, March 21, 2007  21:23:03 (+1200)
From:Henry Raynel <henry.raynel @..........nz>
In reply to:Message 4604 (written by Richard Cook)

Dear everybody, 
I am working attempting to build a strong voters organisation to pressure 
the local M P to work for policies wanted by voters. I believe history has 
proved this C H Douglas strategy correct. I believe party politics works for 
bankers or I should I say bankers use party politics. Therefore reformers 
must use pressure from voters. When pressure from voters is greater than 
pressure from bankers economists, State bureaucrats mostly economists, big 
business, and others, or leaders of political parties who are naturally 
responding to the pressure from above groups, then and only then will 
Parliament respond to grass roots voter's policies.  Voters must learn to 
use democracy.  
The following is the leaflet I am using in conjunction with a Louis Even 
Institute for Social Justice (Rougemont Quebec Douglas adherents)pamphlet 
'The Money Myth Exploded". Even though the pamphlet is a bit out of date the 
message of faulty bankers management of society's money supply is still 
sound. 
 
I thank you in advance for reading and giving serious consideration to this 
leaflet. I hand this out with "The Money Myth Exploded". Pakuranga is the 
name of my electorate constituency. It is a tedious slow job on my own. My 
age is against me at 83 so far I am getting 4 members a week joining the 
"Voter's Policy Association". Just think of the pressure we could put on the 
local MP if I had 10 people doing the same as me or 40 people getting just 
one a week. Douglas strategy says concentrating to make a break through in 
just one electorate of course. 
My greatest concern is that some reformers want to marry banking with 
Government Treasury and thereby create an even worse monopoly and 
dictatorship than at present exists. At present we do have the two separated 
with Parliament having the power to control and better manage banking. 
C H Douglas warned against combining the two powers.  
 
I will listen to suggestions and criticisms. Time is precious. 
 
I sincerely thank you and send kindest regards. 
Henry Raynel 
  
 
“VOTER’S POLICY” PAKURANGA IS INDEPENDENT OF  
POLITICAL PARTIES AND IS FORMING A  
“VOTER’S POLICY ASSOCIATION TO ASSIST THEIR LOCAL MEMBER OF PARLIAMENT TO 
WORK FOR POLICIES VOTERS WANT. 
 
Voter’s Policy has a very strong commitment to better living standards and a 
natural ‘Way of life” We stand for individual freedom, unhampered 
initiative, genuine real democracy, with financial security, and no poverty 
traps. Private enterprise is now unnecessarily, unnaturally, stifled and 
suppressed by faulty management of our nation’s money supply by bankers and 
economists. This is Fact!!!  
 
Our production and distribution system is already naturally in our modern 
age of machines and technology and can produce an abundance of consumer 
goods and services. Unfortunately the present banking and financial system 
is still in the pre-machine age and urgently needs modernising so that the 
abundance of goods and services can be distributed equitably.  
•	We follow the policies from philosophies as expounded by Major 
Clifford Hugh Douglas, M.I.Mech.E., M.I.E.E., consulting engineer, 
economist, author, and the founder of Social Credit New Economics Movement. 
He has 700 pieces of literature in the Edinburgh Library at Edinburgh 
Scotland.  
•	Contrary to a wide spread idea in NZ, - Social Credit is not a 
political party.  
 
M P’s must represent and work for policies wanted by their local voters, - 
not policies foisted on voters by banker’s economists, state bureaucrats, 
big business or the leaders of Political Parties who are naturally 
responding to pressure from the above. 
 
•	Parliament’s duty is to responds to pressure - when pressure from 
voters is greater than pressure from the above groups, - voters will get the 
policies they need and want. 
•	The above groups do not vote for local M P’s only local voters do. 
•	Local voters must insist local M Ps represent policies voters want. 
•	Voters Associations must be established in every electorate to 
communicate policies local voter’s need and want to their local 
representative M P’s to work in Parliament to have enacted and also to 
reject policies not wanted 
•	ADD strength to democracy with Binding Citizens Initiated Referenda. 
•	The greatest power on earth is the “Will of the People”. Voters must 
learn to use democracy. Democracy is a responsibility of voters who must be 
insistent. 
•	Responding to voters Local M P’s and Parliament, must become the 
bosses of specialists, economists, State Bureaucrats and other groups by 
enacting policy legislation wanted by their local voters. 
•	The local MP rarely wants to lose their chosen occupation, the 
privileges and good income that go with the job and will therefore work for 
voters to keep their votes. 
We are not against any section of NZ society we are against the present 
SYSTEM of faulty banking & economics that generates total prices faster than 
total incomes. It is the faulty way bankers and economists manage the 
present creation, - injection and distribution of their compounding debt 
money that must be modernised. The system is man made and can be changed.  
 
Henry Ford said: “If the people of the nation understood our banking and 
money system, I believe there would be a revolution before tomorrow morning” 
end Quote. 
 
Our criticisms should not be taken as directed against bank employees; not 
even against bank managers or inspectors. They are but workers like you and 
me, from whom is required complex precision, irreproachable integrity, 
proper dress, constant courtesy, and perfect obedience….PTO. 
The following is one definite constructive method of modernising banking 
which can make possible modernisation of business pricing and incomes 
payments to keep them in natural scientific balance. 
 
OUR GOVERNMENT MUST CHANGE THE OWNERSHIP OF MONEY --- TAKE AWAY THE 
DELEGATED RIGHT OF PRIVATE BANKING FINANCIERS TO BE THE CREATORS, OWNERS. 
MANAGERS AND ALLOCATORS OF OUR NATIONS MONEY SUPPLY, ------ It is “SOCIETY’S 
MONEY SUPPLY” …… TO REMOVE THAT RIGHT BY SIMPLE LEGISLATION AND TO GRANT 
THAT RIGHT TO A NEWLY ESTABLISHED PEOPLES STATE MONETARY AUTHORITY, - 
THEREBY CONFERRING THE RIGHT OF CREATION, OWNERSHIP, MANAGEMENT AND 
ALLOCATION OF OUR NATIONS MONEY SUPPLY TO AN INDEPENDENT STATE MONETARY 
AUTHORITY, SCIENTIFICALLY REPRESENTING THE PEOPLE OF THE NATION. Independent 
of both politicians and bankers  
 
With Society the owners and managers of Society’s money supply, allocations 
of finance can be made direct from Society’s newly established Independent 
State Money Authority to Government Treasury for all essential Government 
services absolutely free of financial cost and would cancel as it circulates 
the same as all money circulates and cancels now, Taxation can progressively 
be eliminated. 
 
Economic production is simply the conversion of one thing into another and 
is primarily a matter of energy. God and nature provide all raw materials 
free. Energy from human workers has largely been replaced by machines that 
are powered with various forms of harnessed solar energy FREE!!!. 
THEREFOR THIS SOLAR ENERGY PORTION OF PRODUCTION IS FREE GIFT PRODUCTION, 
THAT EVERY INDIVIDUAL IS ENTITLED TO A SHARE OF FREE!!! This could correctly 
be called Natures Gift Wealth” that is inherited by every individual,  
 
It is Society’s Cultural Inheritance that must rightly be distributed with 
income received from a “Society Owned Independent State Monetary Authority” 
equitably as each individual’s share of their Cultural Inheritance and paid 
weekly as a Universal National Dividend. It would supplement any other 
income earned. Freedom remains, there would be no poverty trap. 
The alternative is for society to struggle along reducing living standards, 
increasing indebtedness, cost inflation and taxation as is the case today.  
 
Today’s bankers total monopoly of money ownership and management enables 
them to allocate a substantial quantity to their own agents and financial 
speculative investors for buying and selling foreign exchange and other 
gambling financial instruments. This is wrong and must stop. 
Money is people’s means of exchange and should not be used to buy and sell 
as though it was a commodity at an auction, - for general speculators to 
gamble with. 
A scientific, - passively managed money supply would naturally prevent this. 
•	Right now less than a third the banker’s present allocation of money 
for various types of financial gambling on foreign exchange etc. could pay a 
home maker’s guaranteed income of $300 a week free of taxation.  
•	Paying a homemakers income could free Mothers from going to work. 
They could volunteer to be proud family homemakers, with sufficient time for 
rearing their children to be good citizens of the next generation. 
•	Implementation strategy could give Mothers this priority financial 
help first  
•	Private Bankers would receive their allocation of funds from the 
Society’s State Money Authority free of interest or other charges, and so 
could competitively finance all society’s industry and housing at lower 
cost. 
 
Presented by Henry Raynel. 26th Feb 2007. Email: henry.raynel@actrix.gen.nz  
Fax: 09-5370092. 
   
 
-----Original Message----- 
From: Richard Cook [mailto:rickycook21@hotmail.com]  
Sent: Wednesday, 21 March 2007 7:14 a.m. 
To: socialcredit@elistas.com 
Subject: Re: [socialcredit] Economic Democracy 
 
A point well taken. 
 
 
 
>From: Martin Hattersley <hattersleyjm@interbaun.com> 
>Reply-To: socialcredit@elistas.com 
>To: socialcredit@elistas.com 
>Subject: Re: [socialcredit] Economic Democracy 
>Date: Tue, 20 Mar 2007 12:14:34 -0600 
> 
>Note that Congress's power to "coin money and regulate the value thereof"  
>(I quote the words from memory) is something written into the U.S.  
>Constitution. The whole Federal Reserve system from that viewpoint is quite 
 
>unnecessary. 
> 
>Martin Hattersley 
>5929 - 189 St., 
>EDMONTON AB CANADA T6M 2J1 
> 
>e-mail:  jmartinh@shaw.ca 
> 
>----- Original Message ----- From: "Richard Cook" <rickycook21@hotmail.com> 
>To: <socialcredit@elistas.com> 
>Sent: Monday, March 19, 2007 9:09 PM 
>Subject: Re: [socialcredit] Economic Democracy> 
>> 
>>I totally agree with Mr. McGunnigle's points about a separate funding  
>>source within the U.S. government. Excellent expression of something often 
 
>>overlooked. I am trying to address it in the book I'm working on. 
>> 
>>Richard Cook 
>> 
 
>>>From: "William Hugh McGunnigle" <wmcgunn@maxnet.co.nz> 
>>>Reply-To: socialcredit@elistas.com 
>>>To: <socialcredit@elistas.com> 
>>>Subject: Re: [socialcredit] Economic Democracy 
>>>Date: Tue, 20 Mar 2007 12:57:07 +1200 
>>> 
>>>Hi everyone 
>>>                  I have watched with curiosity the various arguments  
>>>being forwarded on this topic. While my comments on this could be  
>>>offensive to many of our contributors particularly some of those from the 
 
>>>North American continent surely the easiest method of bringing the  
>>>banking system under direct treasury control is to have a treasury  
>>>controlled reserve bank that would provide local councils and even  
>>>government departments with the same services as the commercial sector  
>>>but charging interest rates substancially less than the commercial  
>>>sector. Infrastructural maintenance and developments would be a fraction  
>>>of their present costings because that bank would only need to charge  
>>>interest rates sufficiently large to cover administration costs. It would 
 
>>>be restricted to those functions but since the commercial banking sector  
>>>has a substancial amount of its trade tied up in those departments they  
>>>would have to lower their interest rates to be competitive. Admittedly  
>>>this would be a very heavy club to wield at the banking system, but we  
>>>are talking about a monetary system that is totally inadequate for modern 
 
>>>uses and too vunerable to the whims and fancies of private individuals  
>>>owning the commercial banking to be allowed to continue as is. Quite  
>>>simply the present financial system is not creating sufficient debt-free  
>>>funding to ensure proper exploitation of the world's resources for the  
>>>benefit of all. The early fathers of the USA emphasised that the issuing  
>>>and maintenance of the money supply was the perogative of the government  
>>>i.e. treasury. It is only since that perogative was usurped by the  
>>>passing of the Reserve Bank act (1917) allowing a private organisation to 
 
>>>control and issue its money supply that the USA has moved from being a  
>>>creditor nation to the most indebted nation in the world. The vast bulk  
>>>of US debt is to the Federal Reserve as a direct result of its position  
>>>as the monetary controller of the US economy. I believe all the arguments 
 
>>>forwarded by our correspondents seem to be overlooking this basic axiom.  
>>>Until the fundamentals are cured all other arguments become irrelevant.  
>>>Mechnisms controlling interest rates will always be available, but we  
>>>need the WILL  to change the way they are operated before the present  
>>>financial system will begin to operate for the advantage of all. Sadly,  
>>>predominantly, financial circles operate under a hunting rather than a  
>>>farming attitude. What is needed is a change of attitude to convince the  
>>>financiers of the world that they will make more money in the long term  
>>>by allowing more prosperity in the lowest echelons of society by means of 
 
>>>less exploitation on "loans" issued to enhance the developement of the  
>>>worlds natural resources. I believe this is one of the fundamental tenets 
 
>>>of the Socred movement. We should not lose sight of this in our arguments 
 
>>>about mechanisms. 
>>>                   Bill Mc Gunnigle 
>>>   From: John G Rawson 
>>>   To: socialcredit@elistas.com 
>>>   Sent: Tuesday, March 20, 2007 11:39 AM 
>>>   Subject: Re: [socialcredit] Economic Democracy 
>>> 
>>> 
>>>   Under the system we had, trading ("commercial" in your terms, I think) 
 
>>>banks had to lodge a proportion of their deposits (i.e. equivalent to)  
>>>with the Reserve Bank, our central bank.  Is/was there a ddifferent  
>>>system in vogue anywhere else? If so, I have never heard of it and  
>>>therefore thought my comment needed no interpretation. The underlying  
>>>assumption, obviously, was that banks lent their deposits.  In effect it  
>>>had very little effect on lending, which presumably is why our Royal  
>>>Commission accepted evidence that the method was "a blunt instrument" and 
 
>>>placed that comment in its Report. 
>>> 
>>>   If the nation is to have any direct control over bank lending,  
>>>Martin's suggestion sems to me to be the only really practical one  
>>>anybody has come up with. 
>>> 
>>>   Regards.   John R. 
>>> 
>>> 
>>>------------------------------------------------------------------------- 
--- 
>>>     From: <william_b_ryan@yahoo.com> 
>>>     Reply-To: socialcredit@elistas.com 
>>>     To: socialcredit@elistas.com 
>>>     Subject: Re: [socialcredit] Economic Democracy 
>>>     Date: Mon, 19 Mar 2007 14:03:12 -0700 (PDT) 
>>>     >"And do they apply, quite inappropriately to 
>>>     >deposits?" 
>>>     >------------------------------------ 
>>>     >------------------------------------- 
>>>     > 
>>>     >I don't even know what this is supposed to mean, John. 
>>>     >Perhaps you will interpret. 
>>>     > 
>>>     > 
>>>     >--- John G Rawson <johngrawson@hotmail.com> wrote: 
>>>     > 
>>>     >What reserve requirements do you have in the US? NZ 
>>>     >has none, and I thought you had gone over to control 
>>>     >by interest rate changes too.. And do they apply, 
>>>     >quite inappropriately to deposits? 
>>>     > 
>>>     >Regards. John R. 
>>>     > 
>>>     > 
>>>     > 
>>> 
>>> 
>___________________________________________________________________________ 
_________ 
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>>>     >Browse Top Cars by "Green Rating" at Yahoo! Autos' Green Center. 
>>>     >http://autos.yahoo.com/green_center/ 
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