| Subject: | RE: [socialcredit] Reply to John Rawson | | Date: | Monday, April 16, 2007 06:18:51 (+0000) | | From: | John G Rawson <johngrawson @.......com>
|
| In reply to: | Message 4696 (written by Henry Raynel) |
Thanks, Henry. Why did I expect that from you?! Will I embarass you if I
note that you were the finest (by far) organiser our Party ever had in the field
of elections?
I will admit that a government that spends all new money into circulation could
become totalitarian, but this can result from other causes too. I see a partial
move in this direction as, taking your viewpoint, a necessary evil.
But I think we have the answer to this and many other problems in the proposal
for binding citizen-initiated referenda.
Best wishes. John R.
From: "Henry Raynel" <henry.raynel@actrix.gen.nz> Reply-To:
socialcredit@elistas.com To: <socialcredit@elistas.com> Subject: RE:
[socialcredit] Reply to John Rawson Date: Mon, 16 Apr 2007 11:09:10
+1200 > >Dear Richard, and Everybody, >Just a word of warning from my
understanding of study of the founder of >Social Credit work C H Douglas. >The
two most powerful organisations with Power to dictate to the people and >Nations
of the world are: >One - Politicians >Second - Bankers >Marry the two and you
establish the greatest National and world dictatorship >possible. > >Under New
Social Credit economics the creation, ownership and management of >the Nations
money supply must be established genuinely separate with >carefully considered
legislation and
be independent of both Government and >independent of bankers. >This is also
clearly stated in a publication by "The Social Credit >Secretariat" in its
publication in their three booklets Sustainable >prosperity " Challenge and
Change" 1994 publication. Booklet three page 16 > >Please go to the Director of
Studies of "The Social Credit School of >Studies" while considering my
statement. >I also referred to in the School directors publication "A Brief Outline
of >Social Credit" by the School director Vic Bridger page 12. > >Mr. Wally Klink
Canada would be another authority to discuss this matter >with. >Please note
although I am very interested I do not wish to get personally >involved in
continuous debate on the subject. > >Very best wishes. >Yours very
sincerely >Henry
Raynel. > > >-----Original Message----- >From: Richard Cook
[mailto:rickycook21@hotmail.com] >Sent: Monday, 16 April 2007 2:30 a.m. >To:
socialcredit@elistas.com >Subject: RE: [socialcredit] Reply to John Rawson > >I
just want to point out that the proposals I am workinig on just now >include both
direct creation of credit by the government (non-tax, non-debt) > >for
infrastructure spending and a national dividend for citizens. I believe >that in
today's conditions, both are needed. > > > > > > > > > > >From: Joe Thomson
<thomsonhiyu@shaw.ca> > >Reply-To: socialcredit@elistas.com > >To:
socialcredit@elistas.com > >Subject: [socialcredit] Reply to John Rawson > >Date:
Sat, 14 Apr 2007 21:52:43 -0400 >
> > >Hi John, > > > >I'll reply below yours in 'green'. > > (John Rawson wrote:-) Joe, with respect, is money to be used for a > >national dividend or consumer subsidy (yes, Douglas did use that word) > >going to be "increasing debt" to be repaid? > > No. It's 'debt-free', in that it has not been 'costed' into any > >production. It doesn't have to appear in any 'price', in other words. > >It does allow what 'costs' HAVE ALREADY appeared in 'prices', over the > >fiscal period selected, to be (more) FULLY liquidatable in 'money'. > >Something, primarily because of ongoing 'labour displacement', they can't > >be in the aggregate currently without further increases in overall > >'debt', (or a continual, and impossible, 'favourable' balance of trade). > > >
> If not, why should similar money, issued to fill the "gap" in other ways > > >need to be? > > > > Because some of those "other ways" create further 'costs', which then > >have to be liquidated at some time in the future. And also will increase > >consumer prices in the process, which further 'taxes' your income, by > >further reducing its already generally deficient purchasing power. > > > > The difference from Douglas' time is that public expenditure on > >infrastructure, health, education, police etc. has so ballooned since then > >that different circumstances apply. With it has come mountainous debt most > > >of which needs to be repaid. I know a lot is simply bank credit, but it is > >so intertwined with superannuation fund money etc. that any
government > >simply repudiating it all would be a pariah. > > > > Yes, that's
true, the 'figures' are larger. But the government need not > > >'repudiate' them
at all. "The world would gladly pay all its debts if only > > >it were provided
the money with which to do so." You can't provide it with > > >'money' to pay its
debts as long as that 'money' creates another 'cost' > >which then has to be
liquidated in the future. But it can be done by > >directly augmenting deficient
consumer incomes, and in a manner that > >'reduces' consumer prices without a
loss to producers. Debt that is > >capable of being fully liquidated as due
cannot grow from 'interest'. > > > > Replacing debt with honest money will be a
long, slow process, and in > >the mean time I see
little point in paying an average citizen, say, $500 > >per year and taxing him,
locally and centrally, with two to ten times that > >amount. > > > > But you're
not doing that. Taxes will fall, not rise. > > > > Douglas was not perfect in all
his ideas., though I would accentuate the > > >absolute brilliance of his
analyses. But I suggest many of his followers > >have been even more flawed in
trying to assert that everything he said was > >inflexibly correct, despite
radical changes in social conditions. And > >despite the fact that he himself
recommended somewhat different approaches > >for different countries. > > > >
Well, I think that's correct. There would likely be different > >approaches in
different countries. For instance, to take Bill
Ryan's > >proposal, I don't really know whether there would be anything that >
>corresponds to the Federal Reserve's 'open market Committee', and the >
>method it currently uses to inject 'debt-free' money into the US economy, >
>in your country or mine. So what may be a feasible 'first step' in the
USA > > >might not be applicable in the same way elsewhere. The 'principles' might >
>have to be applied differently, but they are still the same. > > > > But let's
have a look at the USA scene, where the AMI want all debt-free > > >money
chanelled into infrastructure and Richard Cook would pay it all out > >as income
to citizens. Are these really so different? > > > > Radically different. > > > >
Both would bring in the fundamental reform of breaking the
private > >monopoly of money creation. > > > > You can do that right now. But
it's 'how' you do it, and 'why' you're > >doing it, that's the important thing
. > > > > Both would benefit individual citizens immensely. > > > > No, they would
not. Social Credit would be of benefit to citizens > >immensely. The AMI ideas
will almost certainly lead directly to what > >Social Credit stands against, in
my opinion. You will have an 'illusion' > >of prosperity, beneath which lurks
everything that will rob you of your > >money (purchasing power), and your
freedom. > > > > Both could have faults, e.g. encouragement of unnecessarily
grandiose > >public works on the one hand, or, (if payments were also made in
respect of > > >infants) encouragement of
baby-farming and child abuse on the other. > > > > Isn't the overriding need to
get on with the main aim and do something? > > > > Yes, once we understand and
agree on what we really want to achieve. > > > > And isn't it likely that, as in
so many things, the greatest benefit > >lies in compromise? > > > > That depends
on just what is being 'compromised'. > > > > Could we not, for example, hold a
binding referendum (with options > >clearly and equally explained) and let the
public choose the method? Would > > >that not fit completely into the underlying
philosophy of Social Credit? > > > > No, it would not. That choice of 'method' is
exactly what the public is > > >being asked to choose right now, and look where
it's got us. The
choice is > > >one of alternate 'Policies'. 1. Are systems made for man?, or, 2.
Is man > >made for systems? > > > > Regards, > > > > Joe > > > > > > > > >
>--------------------------------------------------------------------------- >--- >
> > > > > From: Joe Thomson <thomsonhiyu@shaw.ca> > > Reply-To:
socialcredit@elistas.com > > To: socialcredit@elistas.com > > Subject: Re:
[socialcredit] Some Forwarded Comments from Vic Bridger > > Date: Sat, 14 Apr
2007 09:08:36 -0400 > > >I believe both Richard Cook and Bill McGunnigle are
still largely > >missing > > >the point. The purpose of any economic system
should be to deliver the > > >'physically possible' goods and
services that are needed and desired by > > >CONSUMERS. Each and every one of
us, as INDIVIDUALS. For we are ALL > > >'consumers', even though it is no longer
necessary, or even desirable, > >that > > >we ALL be 'producers'. At least in the
traditional sense we once were. > > >And this is true whether we're residents of
the USA, New Zealand, > > >Indonesia, or wherever. > > > > > > Look around your
own country. How many people, whatever the accepted > > >standard of living,
wherever you are, are living right now at a > > >'subsistence' level. And are
unable to rise above it. The only > > >difference between there, (places like
Indonesia, the 'Third-World'), > >and > > >here, is the accepted standard of
living here is higher. But so,
too, > >is > > >the level of OVERALL personal indebtedness. We, on average, live
higher > > >on > > >the hog, but we're also 'financially' far deeper in the
bog. > > > > > >The reason for that all that 'personal' indebtedness, in our >
>'First-World' > > >countries, ISN'T that the 'GOVERNMENT' doesn't "create
money and spend > >it > > >into circulation on public works". A policy which will
ultimately only > > >lead to greater 'debt', only to a different party. (Higher
taxes ~ as > >the > > >'debt' is now owed, and must be repaid, to the
'Government', which in > >spite > > >of what many may think, is NOT the same as
you and I as 'Individuals'. > >And > > >it will be repaid. Either through those
higher
taxes directly. Or > > >indirectly, through the cruelest tax of them all ,
inflation. Or likely > > >both.). > > > > > >The only solution to this, if we
truly DO believe that "systems were > >made > > >for man, and not man for
systems" ~ in other words, that the > >'individual' is > > >the most important
element, and that 'society' is formed for the > >service of > > >each of us, as
'individuals' ~ is to make it possible for OVERALL > >'debt', no > > >matter
whether it's to its creator as a private bank, a Government > >bank, or > > >the
'Treasury", to be always completely capable of 'self-liquidation'. > >This > >
>it presently is NOT! > > > > > >We can only do this by the proper periodic
distribution of appropriate > > >amounts of 'debt-free' new credit directly to
CONSUMERS. To ensure that > > >'past' aggregate debt is always capable of being
fully self liquidating > > >as > > >it comes due in the 'present'. Even though
'future' debt may continue > >to > > >grow as we continue to add necessary 'real
production' capacity, > >(including > > >'public works', if they are truly
necessary, which many no doubt are), > >we > > >will then always be fully capable
of its liquidation as it comes due. > > > > > >We CAN NOT make it so merely by
"spending money into circulation for > >public > > >works, infratructure, statues
to great leaders, armaments, etc." as > > >proposed. That only replaces one debt
with
another. A larger one, that > >in > > >itself can only be paid by an endless
repitition of the process. Which > > >will culminate in an orgy of 'physical
destruction', ultimately > > >accomplished through 'war', and carried out in a
mindless attempt to > >make > > >the 'facts' fit the 'figures', rather than
properly having the > >'figures' > > >reflect the 'facts'. > > > > > >Bill Ryan
has provided the background for, and possibilities of, a > >method > > >by which,
in the USA at least, we might move from where we presently > >are to > > >where
we'd like to go. I think it is a very interesting approach to a > > >subject
which has not, to my knowledge, been approached from that > >direction > >
>before. I
have some concerns, and doubtless others will surface, about > > >certain
aspects of what's proposed. I'm optimistic those concerns will > >be > >
>examined and addressed, and I believe they will be. Regardless, I >
>believe > > >Bill Ryan has been consistant in his approach towards increasing >
>financial > > >'freedom for the individual' rather than in merely proposing a
'change > >of > > >masters'. > > > > > >Joe > > > > > > > > >----- Original
Message ----- > > >From: "Richard Cook" <rickycook21@hotmail.com> > > >To:
<socialcredit@elistas.com> > > >Sent: Saturday, April 14, 2007 9:57 AM > >
>Subject: Re: [socialcredit] Some Forwarded Comments from Vic Bridger > >
> > > > > > > > The delusion is that a country needs someone else's money, such as > >the > > >U.S. > > > > dollar, to lubricate their own financial and economic system. All > >these > > > > countries have the capability, either on their own or in concert > >with > > > > others, to generate their own indigenous currency. It could be done > >either > > > > by their government spending it into circulation or by issuance of > >credit > > >in > > > > the form of low-interest loans. This is how Colonial America built > >its > > > > economy, by using scrip. Another example is the use of Greenbacks by > > >the > > > > U.S. during and after the Civil War. An outside fund
source is not > >needed > > > > for indigenous currency which any nation can use
to develop its own > > > > resources. It can then sell some of these products to
overseas > >customers > > >to > > > > acquire currency to use in foreign trade. >
> > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > >
>From: "William Hugh McGunnigle" <wmcgunn@maxnet.co.nz> > > > > >Reply-To:
socialcredit@elistas.com > > > > >To: <socialcredit@elistas.com> > > > >
>Subject: Re: [socialcredit] Some Forwarded Comments from Vic > >Bridger > > >
> >Date: Sat, 14 Apr 2007
11:37:28 +1200 > > > > > > > > > >W.H.McGunnigle: comments on Reply by William
B. Ryan > > > > > Your comments with respect to Major Douglas do have > > > >
>some relevance considering that the financial position globally is > >far > >
> > >different than in his day. Nevertheless his basic axiom, namely > >that
the > > > > >money in circulation in our present system of financial managent, >
>is > > >always > > > > >smaller than the amount of goods and services that can
be made > >available > > >to > > > > >everyone, still holds true. The biggest
problem facing monetary > >reformers > > > > >is CHANGING the way it operates.
While I look with interest on
the > > > > >arguments put forward about A+B I have yet to see someone who >
>offers a > > > > >tangible and viable method of reducing indeptedness to the
private > > >banking > > > > >system. This compounding problem is the reason why
resource rich > > >countries > > > > >like Indonesia have a massive amount of
poverty among its general > > > > >population. I do know that many of these
"third world" resource > >rich but > > > > >cash poor countries are now realising
that they will get no > >positive help > > > > >from industrialised developed
countries beyond that which will > >maintain > > > > >them at a bare subsistance
level, and that they have to adopt > >financial >
> > > >methods that bypass the IMF and World Bank to avoid the crippling > >debt > > > > >burden preventing them from self-financing their own developement. > > > > > They are looking with favour on Socred type methods to do this > > > > >despite efforts by the IMF and World Bank to prevent it. > > > > > respectfully submitted > > > > > Bill McGunnigle > > > > >----- Original Message ----- From: <william_b_ryan@yahoo.com> > > > > >To: <socialcredit@elistas.com> > > > > >Sent: Saturday, April 14, 2007 6:26 AM > > > > >Subject: Re: [socialcredit] Some Forwarded Comments from Vic > >Bridger > > > > > > > > > > > > > > >>Joe, I look on
Vic Bridger and also Wally Klinck as > > > > >>being in somewhat the position of
being village > > > > >>priests in a near dead religion, who have done great > >
> > >>service in preserving the ancient texts of the founder > > > > >>of their
religion, inasmuch as the ancient texts have > > > > >>disappeared practically
everywhere else. They are, > > > > >>however, in my opinion, not necessarily the
best > > > > >>interpreters of the ancient texts. By saying this I > > > > >>mean
no disrespect whatsoever. They have both been > > > > >>exceedingly helpful to me
in supplying much of the > > > > >>Douglas literature that they have maintained
in their > > > >
>>personal archives. > > > > >> > > > > >>I regard C. H. Douglas as having been a true though > > > > >>flawed genius, flawed in the sense that every one of > > > > >>us is flawed. He was poorly understood by not only > > > > >>his detractors, but also his supporters. > > > > >> > > > > >>I see very little in the historic Social Credit > > > > >>literature apart from Douglas' own writings that is > > > > >>worth reading today. > > > > >> > > > > >> > > > > >> > > > > >>--- Joe Thomson <thomsonhiyu@shaw.ca> wrote: > > > > >> > > > > >>Vic Bridger wrote the following
'off-list' private > > > > >>comments as part of an e-mail to Keith Wilde, with
a > > > > >>copy to myself, and has agreed they may be more useful > > > > >>if
forwarded to the List. > > > > >> > > > > >>They were made on April 8th, and
convey some of his > > > > >>thoughts on the subjects under discussion on the
List > > > > >>under the heading, "In Reply to Keith, more on A+B", > > > > >>up
to that date. > > > > >> > > > > >>While Vic did not say so to me specifically in
a later > > > > >>e-mail , I don't believe his position has changed from > > > >
>>what's appeared on the List under that same heading > > > >
>>since then. He also notes, "The next Australasian > > > > >>(Social Credit-Joe) Journal contains much on what has > > > > >>been said on the Elistas group discussion particularly > > > > >>with regards to the Banking system, the National > > > > >>Credit Authority, Debt and Controls." > > > > >> > > > > >>(Vic Bridger wrote, [addressed to Keith] :-) "I am > > > > >>taking the trouble to send this message to you, > > > > >>hopefully, to explain some differences I have with > > > > >>what has been posted on the Elistas group discussion. > > > > >> > > > > >>"Bill responded to you on April 5th regarding your > > > > >>comment that "the
Social Credit solution would have a > > > > >>government office to calculate the
precise amount of > > > > >>new claims to goods and services." > > > > >> > > > >
>>"Whilst I agree with your comment I believe it could > > > > >>have been
worded a little better but your meaning was > > > > >>clear enough. I notice the
comments re the name of the > > > > >>government office and also the comments
about > > > > >>corruption, which I find rather silly. If there are > > > >
>>people who are concerned about what might happen under > > > > >>a Social
Credit system, why are they not doing > > > > >>something about the corruption
that is rife under the > > >
> >>current system? > > > > >> > > > > >>"Social Credit policy is not about attempting to > > > > >>change human nature nor does it make any claim to > > > > >>absolute perfection in ALL things. It is simply a > > > > >>method to arrest the flaw in the financial accounting > > > > >>system to reflect facts. It makes no claim to > > > > >>establishing a system that would lead to some sort of > > > > >>utopia. > > > > >> > > > > >>"Bill has completely missed the point and his > > > > >>diversion into the A+B is way off track. I believe > > > > >>that although he accepts the A+B Theorem as being > > > > >>correct
he attempts to read too much into it. For > > > > >>instance although he brings
"TIME" into his graph it > > > > >>is simply a recognition that time is a factor.
However > > > > >>not only is it a factor but also it is a crucial > > > >
>>factor, which cannot be graphed, in a static > > > > >>condition. The
economy is not static but dynamic and > > > > >>whatever may be the position at
any point of time will > > > > >>be different one millisecond later. > > > > >> >
> > > >>"The only way to determine what we refer to as a > > > > >>deficiency,
in any particular period, is after the > > > > >>event, in other words after the
period has ended. Dr. > >
> > >>Tudor Jones, the Chairnan who followed Douglas wrote a > > > > >>series of lectures published under the title of > > > > >>Elements of Social Credit. One lecture is devoted to > > > > >>the "notion of sufficiency". I will not repeat this > > > > >>here and if you do not have this book I can send you a > > > > >>copy of the lecture. > > > > >> > > > > >>"Bill brings into his argument such items as "Sales" > > > > >>and "Expenditure" neither, of which have any relation > > > > >>to the A+B Theorem. The A+B relates to Wages, Salaries > > > > >>and Dividends and Prices. One might argue that > > > > >>"Prices" and "Sales" are synonymous but this is
quite > > > > >>incorrect. The price of an article, for the purpose of > > > >
>>explaining the A+B is an accumulation of costs, some > > > > >>of which are
distributed and some which are not > > > > >>distributed in a particular period
of production. > > > > >>Sales of an article are not necessarily equivalent to >
> > > >>the Price, which contains all costs. As Douglas quite > > > > >>correctly
pointed out, sales below cost or at cost are > > > > >>in fact one way of
reducing the deficiency in > > > > >>purchasing power (not money). > > > > >> > >
> > >>"Expenditure is not synonymous with "Costs" and is > > > > >>misleading
in that there
are two types of expenditure. > > > > >>One is for wages, salaries and dividends
(A) and other > > > > >>payments (B) that are again of two types for the > > > >
>>purpose of explanation. One is payments to other > > > > >>organizations for
past transactions and the other is > > > > >>for items for which no actual
"expenditure" has taken > > > > >>place, i.e. depreciation. > > > > >> > > > >
>>"The comment in his paragraph 4, "Not graphed is real > > > > >>production."
is pointless. It is not necessary, > > > > >>desirable to attempt and impossible
to keep (A+B) or > > > > >>(A) constant in relation to production. This
together > > > >
>>with his supposition on monetary policy as an "easy > > > > >>money policy" is a reflection of his orthodox economic > > > > >>training and has nothing to do with Social Credit > > > > >>proposals. Monetary policy, easy or restricted, has > > > > >>nothing to do with Social Credit proposals. > > > > >> > > > > >>"Other issues he brings in such as credit becoming to > > > > >>loose or too tight, open market, purchasing or selling > > > > >>of securities are again issues relating to current > > > > >>orthodox economic, financial and monetary policies. > > > > >> > > > > >>"There are a number of other items with which I could > > > >
>>take issue but find unnecessary to deliberate on > > > > >>here." > > > > >> > > > > >>(End of quoted part) > > > > >> > > > > >>Joe > > > > >> > > > > >> > > > > >> > > > > >>__________________________________________________ > > > > >>Do You Yahoo!? > > > > >>Tired of spam? Yahoo! Mail has the best spam protection around > > > > >>http://mail.yahoo.com > > > > > > >>--------------------------------------------------------------------- > > > > >>Some introductory materials to the discussion topic of this list > >are at > > > >
>>http://www.geocities.com/socredus/compendium > > > > >>You're subscribed to this list with the email wmcgunn@maxnet.co.nz > > > > >>For more information, visit > >http://www.eListas.com/list/socialcredit > > > > >> > > > > > > > > > > > > > > > > >--------------------------------------------------------------------- > > > > >Some introductory materials to the discussion topic of this list > >are at > > > > >http://www.geocities.com/socredus/compendium > > > > >You're subscribed to this list with the email > >rickycook21@hotmail.com > > > > >For more information, visit > >http://www.eListas.com/list/socialcredit > > > > > >
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