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Subject:Re: [socialcredit] Economic Democracy
Date:Thursday, March 29, 2007  22:24:15 (-0500)
From:Joe Thomson <thomsonhiyu @....ca>
In reply to:Message 4629 (written by Peter)

 
 

(Peter wrote:-)  The main reason there is so much govt/parliament control and over regulation of society by laws is the debt banking system and their monopoly of the Community Credit as if their own.
 
(Joe replies:-)  I largely agree with that.
 
(Peter continues:-)  Adding more laws as you advocate and defending their usurpation of what is the peoples property is no answer, but a further tinkering for 'the greater good'.
 
(Joe replies:-)  It depends on how you view this "usurpation".  There is no question that the real 'credit' arises from the Community, the Banks are only its 'mobilizer' .  The problem, as I see it, is not that the Banks "create the means of payment out of nothing".   It's that the way in which they currently administer this financial 'credit', once created, in the economy as a whole.  That clearly doesn't relate to modern physical realities.  And that's what needs to change.  Still, I don't think it necessary to remove the 'credit creating (mobilising)' function from the Banks and centralize it all in some type of 'Authority', and I'd  like to see where Douglas, himself, clearly recommended such a move.  Despite what many of his supporters seem to think about it, I think there's substantial evidence to the contrary.
 
(Peter continues:-) Its unDouglas to look to govt like socialism for remedies by law outside of the fundamentals.
It is fundamantal to ensure property is not taken by those who dont own it.  This is natural protection of citizens but to interfer within the fabric of the economy to fight symptoms will only cause govt to grow through laws and society is already over regulated by this practice.
Douglas remedies would see the reversal of both.  He represents political, constitutional, economic and financial reform.  This isnt tinkering with the philosophy/ideology which has brought us the cruel world as revealed by our friend in the Philippines.  We in the west have it a lot better, at present, but poverty is on the increase as we head for crisis on numerous fronts.
From Bretton Woods to today the scam-monopoly has grown by crimes against humanity of various kinds including the likes of international drug business and even wholesale wars to control prices and fill coffers of the hangers on.   military buildup and arms racing has begun a new unprecidented level and I expect it will be to fight over the pieces when the current system is collapsed.
If social crediters learn how to tinker I can see no use for us in the future.
 
(Joe replies:-)  I don't disagree with any of that.  But, again, I find it hard to understand how a 'monopoly' (of credit) can be broken by making it completely absolute.  If anything, it seems to me it's far too concentrated now,  (in Canada, at least).  I would like to see it become more de-centralized, which it could be, to considerable regional advantage,  if the SC principles were acted upon.
 
The difficulty at present lies in the overall 'repayment' of loans, it seems to me, at least so far as the economy as a whole is concerned.  Not in their 'creation'. 

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