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with referrence to the creation of a single world
currency.
Although I do not disagree with the
possibility, I do not feel that the International financial and banking
fraternity will agree to such a move.
They make too much "profit"by speculating in
currency deals to willingly give this opportunity away. Futhermore a stable
International currency would remove the ability of the western banking
organisations to dominate world trade because the developing manufacturing
countries esp China and India would by default accumulate large credit balances
in that International currency at the expense of the post industrial countries.
I am sure some politicians, particularly those who
are avowed Internationalists, would be eager to make such a move, but they would
have to convince the stock markets and international money traders that their
ability to create "PROFIT" by currency and share speculation would not be
impaired.
The question however is a valid and very
pertinent one, which would have to be handled with care. I cannot see renegade
countries like the USA and UK whose currencies are both used as backstops
in International trading willingly agreeing to a currency not based on the
Pound/Dollar relationship.
I would appreciate more comment on this
topic.
Bill McGunnigle
----- Original Message -----
Sent: Tuesday, February 05, 2008 10:18
AM
Subject: RE: [socialcredit] Gordon Brown
at WEF on Reform by Eric V. Encina
Good comments, W. McG, but I suggest there are other dangers
that could be more far-reaching even than warfare. Present financial
moves suggest that those behind the scenes will try to avoid a major
slump by methods other than that.
Our own NZ experience shows that
pseudo-socialist Labour leaders and finance ministers, because of their own
lack of understanding, tend to be completely dependent on their departmental
financial advisers.
Such "reforms" as are mooted are more likely to
continue the trend towards total world dictatorship through a single currency
controlled and created by a single non-elected bureaucracy. Which would, of
course, be very stable indeed!
Regards.
John R.
From: wmcgunn@maxnet.co.nz
To: socialcredit@elistas.com
Date: Mon, 4
Feb 2008 23:52:34 +1300
Subject: Re: [socialcredit] Gordon Brown at WEF
on Reform by Eric V. Encina
In reply to Eric Encina
The problem with
Gordon Brown is that he is a member of a political elite in the UK, namely
the British parliament, that is wedded to the present system right or wrong.
Indeed it is the Bank of England (a private organisation) that has been
responsible for setting up the present system. Threadneedle street and Wall
street between them control the movement of 98% of all the world's finance.
With the best will in the world I cannot see even such an influencial person
as the British Prime minister being able to do much to alter the system. His
Labour Party, the Conservative opposition Party or the Liberal Democrat
party are all financed from that system they are not going to
"Rock-the-boat". Having said that however it is heartening to see a
prominant Western politician actually suggesting that some form of monetary
reform of revision is necessary for the future well being of our
planet.
I perceive a problem when
types of reform are mooted because the present controllers of International
finance will be very unwilling to relinquish that control even if it is to
the total detriment of the planet. Even though they know Gordon Brown is
correct they are not going to abolish their stranglehold on world financial
distribution without a bitter fight.
The worst senario would be
that these controllers would forment International conflict up to and
including a world war to stimulate the world's economy before they would
agree to a peaceful solution to our economic woes.
I don't want to be unduly
pessimistic but I believe things will need to get a whole lot worse before
their hand can be forced. The Keys to the situation lie in the developing
economies of China and India who, when combined, could singlehandedly out
produce the rest of the world put together. It would be at a horrific
environmental cost.
Bill McGunnigle
----- Original Message -----
Sent: Friday, February 01, 2008 3:00
PM
Subject: [socialcredit] Gordon Brown
at WEF on Reform by Eric V. Encina
GORDON BROWN AT WEF ON REFORM
by Eric V. Encina
At the World Economic Forum at Davos,
Switzerland this January 2008, British Prime Minister Gordon Brown has
suggested for the revamping of international institutions, saying that
those systems and policies created decades ago are no longer up to dealing
with today's challenges.
He said that politicians alone could not
meet UN goals set in 2000 to solve the world's most pressing problems, and
so government should join efforts with the private sectors,
non-governmental organizations, faith groups and others.
Prime
Minister Gordon Brown was the featured guest at the World Economic Forum
in Switzerland at its annual meeting. He addressed some major concerns
about the present world economy as one of the main focuses at the annual
gathering of world political and economic leaders against the backdrop of
a US downturn that threatens to mutate if not addressed well into a world
recession.
Gordon Brown is seemed to be a kind of Western-based
leader who is attuned to economic and political reform. And hopefully
MONETARY REFORM! He warned against over-acting, such as resorting to
"heavy-handed regulation," despite of a "testing time for the global
economy", while also rejecting the other side of the coin - "being gripped
by or paralyzed into inaction."
REFORM:
Prime Minister
Gordon Brown said: "We are in a period that if we don't reform our global
institution (they) become irrelevant," making a case for the creation of a
"rapid response agency" that dispatches not only peace-keepers to
trouble spots, but police, lawyers and other experts needed to rebuild
society in "failed states". I HOPE THE REFORM HE IS TALKING
ABOUT WOULD BE FOR THE BETTER AND THE EMANCIPATION OF THE POOR INHABITANTS
OF THE EARTH FROM THE EXPLOITATIVE SYSTEM.
He said that "THE IMF
AND THE WB AND THE UNITED NATIONS WERE BUILT FOR PROBLEMS IN THE 1950'S.
HE IS CALLING FOR REFORMS TO MEET THE NEW CHALLENGES OF GLOBALIZATIONS,
CLIMATE CHANGE AND RE-ESTABLISHING ORDER IN "CONFLICT-RIDDEN
STATES."
Another very good specific suggestion of Prime Minister
Brown is the TRANSFORMATION OF THE WORLD BANK OR WB into 'THE WORLD BANK
FOR THE ENVIRONMENT AND DEVELOPMENT' - an institution that would stand
ready to underwrite funds for developing countries looking to turn from
carbon-based fuels to alternative energies.
He also called
for revamping the UN that peacekeeping must be linked to stabilization ,
reconstruction and development to avoid perpetuating failed-state status
in developing countries driven by war and other crises.
He said
that "You cannot have a situation where you have failed states and it
takes years and years for the world community to do
anything."
Brown spoke bleaky of lack of progress in meeting a
15-year global development plan, set in 2000 by global leaders to
alleviate world poverty, diseases and hunger then known as MILLENNIUM
DEVELOPMENT GOALS.
I laud Prime Minister Brown for being a
reform-minded UK official which I hope he would consider in the future to
speak the same tone of conviction to REFORM the financial-economic system
from debt-based money creation to debt-free money creation scheme in the
UK and in the world to remedy such world problems.
What do you
think?
Eric V. Encina
Filipino Social Crediter/ Monetary
Reformer
Homesite, Lawa-an, PO Box 8,
5800 Roxas City,
Capiz,
Philippines
ericencina@yahoo.com
Never miss a thing. Make Yahoo your homepage.
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