| Subject: | [socialcredit] Reply to a message from Richard Cook | | Date: | Sunday, June 3, 2007 23:20:55 (-0600) | | From: | Wallace Klinck <wmklinck @....ca>
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The following message was send to Richard Cook in response to an
observation of his concerning the manner in which the deficiency of
purchasing-power revealed by Major Douglas's "A + B Theorem" plays to
their exploitive advantage into the hands of the banking institutuions:
Hello Rick,
Yes, the exponential increase in unrepayable debt serves the purposes
of the financial institutions. They are, after all, dealers in
debt. It not only enriches them in the material sense, but even more
importantly as the economy and society become unavoidably more
dependent upon their accommodation, they obtain increasing power to
control production and political/social policy because of their sole
power of issuing the money supply largely on their own terms.
Moreover, as governments incur tax-serviced debt (allegedly in the
interests of "social stability") more and more in order ostensibly to
support the struggling debt-ridden private economy via the specious
objective of maintaining "full-employment," the state enlarges
progressively its powers over economic and social policy by enshuring
that an ever greater proportion of total spending is directed through
political channels. This has enabled the continuing growth of
centralized economic and political power--and leads inevitably toward
totalitarianism. Virtually all of the Establishment entities are
acquiescent in the game, apparently to protect and enhance what they
regard are their own self-interests.
Hence, it is often said that what Hitler and Napoleon (not to neglect
or exonerate the Communists) failed to do militarily to Europe, the
financial powers have accomplished with finesse through their
financial system and the opinion-making media which is essentially
concentric with the power of finance. More lately, they have become
more brazenly open with similar designs for Canada, the United States
and Mexico. The ordinary individual, left to survive on diminishing
independent financial income, becomes proportionately stripped of the
effective ability to shape his or her own destiny and/or to impart
genuine meaning into his or her existence. The only safe place for
power is in many hands. Those who in their quest for security and
certainty latch onto the coat-tails of authority seem to forget that
it is wielded in the temporal sense not by divine beings but by
corruptible and flawed mortals who through lack of accountability are
certain to be rendered even more corruptible.
The objective is breathtaking in its audacity--it can be nothing less
than the destruction of all national sovereignty in the interests of
a World State. I understand that it is virtually illegal in that
jurisdiction to criticize the policy of the European Central Bank!
In Canada our Human "Rights" tribunals, little more than political
kangaroo courts in the service of internationalism, have become so
astonishingly blatant in their motivations as to declare that truth
is not a defense in their hearings! The recent proliferation of
"National Security" legislation hardly requires elaboration. The
whole quickening and centralizing momentum of world events is quite
frightening. What we Social Crediters work toward is a world where
each nation enjoys a self-liquidating price system and is not driven
by accountancy artifice increasingly to yield its independence
through the struggle for external markets and all that this
involves. We seek a devolution of power to individuals in opposition
to the existing trend toward concentrations of power in banking
institutions, governments and vast symbiotic industrial/commercial
monopolies. I fear that only a mounting onerous crisis which even
ordinary evermore debt- and tax-burdened citizens are eventually able
to discern can lead to a reversal. As Douglas warned, though, at
such a critical historical moment there had best be an informed body
of individuals who are capable of giving sound direction rather than
leaving the outcome in the hands of blind forces.
Attached for your interest are miscellaneous items.
Sincerely
Wally
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