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Subject:Re: [socialcredit] in further reply to Joe Thomson
Date:Saturday, March 22, 2008  21:30:27 (-0700)
From:Vicky Davis <eyeswideoopen @.....com>
In reply to:Message 5306 (written by Joe Thomson)

You really can't see what problem would be solved?   
 
I can't believe you took that literally.  It was an updated and green'd version of "a pox on all their houses"  :)
 
And if I was really advocating disasters, it wouldn't be in the same vein as disaster capitalism.  It would be more on the order of killing a cancer - to eliminate disease from the body.   

Joe Thomson <thomsonhiyu@shaw.ca> wrote:
Vicky, I think what many people still call 'investing' through the stock market is more in the nature of 'speculating' these days.  Possibly we all LOSE from that, even those who think they're ahead because they've bought and sold stocks at a profit. Since it may well be aiding in the destruction of the purchasing power of our currencies.
 
I really fail to see just what 'problem' would be solved by an earthquake causing the east coast of the USA to drop into the ocean. 
 
Seems to me the US has quite enough problems caused by recent natural disasters to contend with already, and none of them seem to have really 'solved' anything for the people affected by them. 
 
And for those not,  it's almost like saying we have to have continued disasters, or a war,  for there to be any (illusion of) prosperity in the country.  Surely we can do better than that in this day and age.
 
Joe
----- Original Message -----
Sent: Saturday, March 22, 2008 12:10 PM
Subject: Re: [socialcredit] in further reply to Joe Thomson

Why on earth would people with small amounts of money invest it in the stock market?  The stock market is a rigged game.  The little guys - even when they band together in mutual funds LOSE. 
 
Pray for an earthquake to drop the entire east coast of America into the ocean. 
 
That would solve the problem. 

william_b_ryan@yahoo.com wrote:
Just to expand somewhat, Joe, on my earlier reply.

Firms sell and consumers purchase goods, services AND
securities. The problem now is that consumers are
severely limited in their ability to purchase
securities, because they as a class have only a small
surplus in their wages and salaries over their costs
of living. With the Social Credit dividend and retail
discount, consumers will increasingly purchase
securities, and here I use the term broadly defined,
from which they will increasingly derive unearned
income in the form of dividends from firms whose
profit is being sustained through the Social Credit
program. The Social Credit dividend and discount are,
in the final analysis, nothing more than macroeconomic
accounting adjustments that compensate for the flaw in
double entry accounting demonstrated through the A + B
theorem, something like leap year adjustments to the
calendar. The full scope of the "dividend" in
Douglas's theory is not limited to the Social Credit
dividend and discount. Some of the profit to the
firms will be invested in new productive capacity
without the necessity for loans from the banks. The
result is an economy not nearly so financially
constrained as at present.

Bill


------------------original message-------------------

Bill, thanks for this explanation. This is truly
fascinating. It is a difficult conception for me to
immediately grasp, and I'm sure others would find it
so, too, since it requires looking at things in a way
far differently from the way we usually do. But put
as you've put it here, it does seem to make sense.

When you wrote one time before, I believe it was in a
discussion with Michael Lane a few years ago, that
consumers buy goods and services, and 'securities',
then with the Social Credit augmentations to income we
could expect to see a broadening of capital ownership,
(and more investment in 'new' product development and
discoveries), as the "propensity to consume",
(existing) product diminished and more of our
individual incomes could be directed into investment?

If that's the case, then that would certainly be
something different and more meaningful from what the
Kelso ESOP schemes, ("scams", because I think you're
right in what you've written previously about a lot of
them being just that), have to offer.

Joe


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Vicky Davis 
 
"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen."  ~ Samuel Adams
 
 
 

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Vicky Davis 
 
"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen."  ~ Samuel Adams
 
 
 


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