<
i>
In
an age where the
use of the microchip and the fall of the US $ are becomin
g real threats, this is
certainly a way in which
one could exchange goods and services without
hav
ing to bow down to
the use of this microchip and centralism.
A
simple bank
I
will now just to teach you how <
span name="st">to open a local bank using Social Credit
principl
es. It is very easy to do and ever
yone can do it.
Already
in past history, small, local banks in Switzerland were
established by
farmers. The banker is a farmer, t
he bank is in a farm house, the
customers are far
mers, and the owners of the bank were and are farmers.
These little banks, put together in Switzerland, ma
ke up the third
largest Swiss bank actually in op
eration with the best ratio and the
best manageme
nt because the costs are very low. These little
b
anks can also be found in Austria and some other countrie
s.
The tragedy of debt money
You
know that money is created
in the form of debts with interest rates, and
yo
u know that the theory of Social Cre
dit is true, and that interest
kill
s and put all the stress, all the psychological
p
roblems, suicides, alcoholism, drugs, children at home wi
thout the
parents because the father and the moth
er are both working.
Now,
with our system, you can im
agine that a system without interest rates
will s
ave a lot of money. It will save at least three hours eve
ry day
for each one of you, it will cut the price
s by half, and it will give
the houses 77% more s
pace because the interest rates are taking a lot of
productivity in the whole world.
Where to start
Social <
span name="st">Credit is the answer to the real needs, the basic needs of the
se
poor countries. After having listened to the people, we tell them that
w
e have something that can help them. It is not a magic wa
nd that will
give them paradise on earth, but it
is a system that will guarantee each
individual a
n access to the basic necessities
of life and allow the
poorest countries to make use of their resources to help their own
population.
The
main t
hing is to look for the Kingdom of
Christ and His justice: &
quot;But
seek first the Kingdom of God and His ri
ghteousness, and all these
things will be given y
ou besides." (Matthew 6:33.) This is
really what we are doing here with this local exchang
e system; we are
dealing with justice, the justic
e of God. Work for justice, and
everything else w
ill follow!
A Ch
ristian coin
<
p style="text-indent: 30px; margin-right: 10px; margin-to
p: 12px; margin-bottom: 6px;" align="justify">I would like
to show the 5-franc coin that is
currently in circulation in Switzerland. (See
picture above.<
/i>) On one side, one can see the Swiss cross,
wh
ich represents the Kingdom of Christ, and on the other si
de, social
justice is represented by William Tell, the Swiss
national hero and
liberator of the poor and of t
he oppressed. On the edge, one can read
these Lat
in words: "Dominus
providebit — God will provide",
which specifically refers
to the verse of the Gospel of Matthew mentioned
above.
In
all our meetings to o
rganize local interest-free banks, we need to remind
people that God does provide,
that He is indeed very generous. In the
Philippin
es, for example, they can raise three crops of corn. If y
ou
take one seed of corn, this seed will give you
three stalks which will
give you around 200 seed
s. So if one gives you 200, then ten gives you
2,
000; one hundred then gives you 20,000. Three crops per y
ear (20,000 X
3) yields 60,000%. And the banker w
ill probably give you 6%. This means
that God is
indeed generous.
<
p style="text-indent: 30px; margin-right: 10px; margin-to
p: 0pt; margin-bottom: 6px;" align="justify">There
are fish in the sea you can fish. With the earth, you can
till, and the
earth is very generous. You know t
hat the earth could feed many times
the world'
;s population. It is not a problem of food but a problem
of
distribution. Then it is important to remember how the ea
rth is generous
and that there is enough room for
everybody on this earth.
In
Switzerland, as I told you, this system of small banks i
s working. There
is also another system in place:
a parallel money called "wir", the
Ger
man noun signifying "we" in English. see www.wir.ch This i
nvolves a notion of
community. This money has bee
in existence since the 1933, created
during the
crisis, and it is working very well. It is parallel money
.
Few know about this money. Switzerland, the poo
rest country in the world
as far as natural resou
rces are concerned, is one of the richest
countri
es in the world because of its organization of small bank
s and
this kind of parallel money.<
/p>
Usury is condemned by the Church
You
know too that the Church,
the Catholic Church, has always condemned the
cha
rging of interest on the loan of money, calling it usury.
As a matter
of fact, the social doctrine of the Church, whi
ch supplies principles of
justice to be applied in human activities, is probably, a
mongst all the
teachings of the Church, the part
that is the least known. And the least
known part
of this social doctrine, the best kept secret, is certainly
the encyclical letter Vix
Pervenit, issued in 1745 by Pope Bene
dict XIV, and addressed
to
the Bishops of Italy, about contracts, and in which usur
y, or
money-lending at interest, is clearly conde
mned. In 1836, Pope Gregory
XVI extended this enc
yclical to the whole Church. The t
ext of this
encyclical was destroyed in many coun
tries of the world just to hide
this most well-kept secret of the <
span name="st">social doctrine of the Churc
h. see www.pervenit.com
What you need to start a bank
|
|
|
The
principle is the same as in the tale of "
The Money Myth
Exploded": an account
is created for each member of the
commun
ity |
To es
tablish a local debt-free bank is very easy. You just nee
d small
sheets of paper or small booklets, which
we will call the accounts, and
a general ledger.
In fact, we will do exactly like the five people in
the tale of Salvation Island
(The Money Myth Exploded),
who realized they can creat
e their own money. (See n<
/span>.
17.)
The
following system will
therefore allow any community or village
to make
financially possible what is physi
cally possible in that community, that
is to say, to create
as much money as they need to exch
ange goods and
services. Just like in the tale of
"The Money Myth", you can first
use a
blackboard and a chalk to explain
the system to the people
g
athered in front of you, who wish to be part of this local bank and
exchange system
.
Then
you distribut
e to each member of the community
a small card, which will
be their bank account. (
See
Figure 1, a bl
ank card.) You can use any bookkeeping card,
small enough so it can be put in your pocket, in
your purse. This will
be the money and, at the sa
me time, the way to create local m
oney
without interest. It is very important to state: without interest!
Figure
1 — Blank card
You can write on the ca
rd some basic personal
information: your name, yo
ur address, your card number (which is the
same a
s your bank account number), your birth date and signatur
e. The
signature proves that you are the owner of
this card; even if you lose
it, nobody else can
use it, for as you will see later, your signature is
required on the cards — yours and that of the perso
n with whom you are
exchanging goods or services
— every time you make a transaction.
The
first thing to do af
ter these cards are distributed is to give numbers
to the pe
ople. That means that everyone that is in the room should
be
allocated a number, one after the other. The
first row can have the
number 1, 2, 3, and so on.
Everyone says the next number in sequence and
ev
eryone writes his number on his card. One person in charg
e of the
ledger for the community writes all the
names in the ledger with the
corresponding accoun
t number. This will be your bank account number. It
is like a football team — you give a number to everyone, and this
number match
es the name on the card.
Depending
of the level of development in the community, you c
an add your phone
number and e-mail address, if a
pplicable. You can also mention your
trade (prese
nt occupation) and other jobs you could do or services yo
u
could offer. This information can be used if on
e wants to create a
catalo
gue of all the goods and services offered in the communit
y. On the
back of the card, there is the address
and phone number of the local
bank.
Now,
in the other column
s, you have the date, the reason of the transaction,
a column to show the money you
spend (money out of your account), the
account n
umber and signature of the person with whom you are
transacting, and a column for the money coming in to you. You can see
that this
is very simple.
An illustration
<
b>Figure 2 — Tom Smith's card
Now
to understand better how
it works, we have an example you can look at. (Figure 2, Tom Smith's
c
ard.) The first amount written down on your ca
rd will be an
effective implementation of Social Credit: a social dividend, given
periodically (once a month) to every member of the community,
representing
their common heritage in the wealth of the community
(progress, life in society, natural resources). This
amount is to be
determined
by the community, and must cover the basic necessities o
f
life. So, on the first line, you see a date, th
e reason (a dividend),
nothing in the money-out c
olumn (you draw a line; it is money that you
rece
ive, not money that you spend), the number and signature
of the
person giving you that money (in this case
, the signature of the local
bank or its director
, and for the sake of the example, the number
&qu
ot;0" was allocated to the ba
nk.) And on the last column, money in,
$100 is in
scribed. The bank has given you a dividend of $100. This
transaction has also been inscribed in the ledger
of the bank.
Now
on the second line, let us suppose that Tom Smith
wants to buy from Paul
Jo
nes 50 kilos of apples, for a cost of $50. So you have th
e date of the
transaction, the reason (purchase o
f apples), the amount you spent
($50), the number
and signature of Paul Jones who sold you the apples
(Paul Jones, for the sake of this example, was alloca
ted account number
2.) Paul Jones signs his name
on your card, and you sign your name on
his card.
F
igure
3 — Paul Jones' card
Every
transaction always
involves two cards, therefore two signatures. So, a
purchase for you on your card, will be a sale for the
other person
involved in the transaction on the
other card. If you look at Paul
Jones' card (
Figure 3), the reason of the transaction will be "sa
le of
50 kilos of apples"), and the $50 will
be written in the column of the
money-in, not th
e money-out. And Tom Smith's signature will appear at
the end of the line.
Now,
let us suppose Paul Jones has a
chair that needs to be fixed. He k
nows
that Tom Smith is a carpenter. He goes to see him, and Tom Smith agrees
to do the job for $10. So you wi
ll have on both cards the reason of the
transacti
on (chair fixed), with the amount ($10) written on each c
ard
— as money that comes in, on one card, and
money that comes out, on
the other. And the examp
les could go on and on.
This
system is presented
to the people for the first time<
/span>
during
the meeting for the founda
tion of the local bank. The best thing for you
no
w is to train yourself with such a
card. When the cards are
distributed, you put yo
ur name on the card — you do not need t
o put
all the other details. And you make
transactions with your neighbours.
You buy and yo
u sell. And you will see that you have now in your hand
the same money-creation system that the banks have
; they do the same in
computers and ledger books
in accounts in banks, but it is without
interest
that you do your transactions.
Now
train yourself for a while
with your neighbours on how to create local
money. This peri
od is very important, and you will need t
o give at least 30 minutes for this training perio
d, until everyone in the room has
understood. It
is very important! In the Philippines, the young people
went to the old people to teach them, some of them not even b
eing able
to read or write
. But they were able to understand
the system because it
is only figures. Even if t
hey do not know how to write letters, they
know how to write numbers.
You
have a contract every tim
e you create money. You have, at the same time,
t
he proof of a contract, a commitment with the signature,
and the number
to double c
heck the signature.
You
are in control
And yo
u control the system. Money creation is under your contro
l and
under that of your local community. You kno
w each other and you can
create as much money as
it is necessary for your needs. So what is
physic
ally possible is now financially possible. Your community
will
never lack money.
This
system you have now use
d is the same system that the banks use t
o create
money, but you control it! And yo
u control it without interest! It is
very cheap.
It is efficient. You can create any amount of money
according to the available prod
uction and services. You can exchange any
number
or kind of goods and services. And you are in control. Yo
u own
the money-creation system.
And it is even better than a bank note b
ecause you
have your name on it. If you lose your
card, someone will phone you
telling you he foun
d your money. And this person who finds your money
can do nothing with your money because your signature i
s needed. It is
really your money.
You
cannot dispossess s
omeone who has lost his money. If the money (the
card) is destroyed by fire or other means, you can recons
truct a card
using information from other cards.
All cards are consolidated in the
local bank ledg
er. This means that if your bank card is destroyed, you
can reconstruct your bank card with the accounts o
f the others because
the other cards have your ca
rd number for every operation they did with
you.
You can rebuild your accounting books and reclaim your as
sets; an
even better method than the actual syste
m with bank notes. And you have,
naturally, no in
terest. This means every transaction will be cheaper in
the community because, today, interest rates kill
people.
To own a bank
But to be the owner o
f a bank, this
bank needs to have a management. This banks needs to
have auditors. Then
we now need to have people who are willing and ready to act as managers,
and will
ing and ready to act as auditors.
So now I ask you, who will
volunteer to act as managers of the bank and auditors of
the bank? I
need at least three managers (a dire
ctor, a secretary, and a treasurer)
and two audit
ors (who verify once in a while the bookkeeping of the
bank). Now, those
who are willing <
span name="st">to be and to
act as the management of this local bank
owned b
y the local community, please come in front of the room.&
quot;
It
is the community that chooses the people who will be
on the board of the
bank, people they can trust
and who have enough skills to do t
he job.
To<
/span>
be the bank manager of the local bank is v
ery easy: your only task is to
be in charge of the bank ledger and the local creati
on of money.
The prices
t is now important t
o put in writing
equitable prices for basi
c goods and services of the area. This is to be
decided by the general assembly. It
is also extremely important to pu
t
in writing how the profi
ts will be divided within the community, because
this bank can create money as any other bank and will cre
ate money to
allocate inve
stments for the production of goods. Thus the people, whe
n
they have a lot of pluses (money in) on their c
ards, can invest those
pluses in projects, and th
ose projects will give more abundant
production.
So it must be put in writing how t
he profits of this
abundance will be distributed.
This way, the people will be more eager
to share.
When
there is no usury, the producers are very
happy because, in those
countries, usury can clim
b up to 1,000% per year. That make
s 20% a week.
And because we now have a local ban
king system without usury, without
interest rates
, everybody is happy, and everybody can share more. Now
all this money will not go to the usurer who was doing nothing except
taking
1,000% per year.
It is the love of money that is the root of
all evil, and with this
system, there is less the
notion of money being in your pocket. This
way,
you love your money less because it is really just a mean
s to
facilitate exchanges.
You can exchange any goods, any services. You
ca
nnot as easily love a paper which is really just your han
dwriting and
the signatures of the others. It is
not as easy to love this piece of
paper as bullion of gold or coins or bank notes.
It is really a way to
avoi
d this love of money which is the root of all evil
s.
A ruler to create money
<
/span>
This
card, this system also gives you the r
uler to create money. Just as you
have a ruler to measure me
ters or feet, you have a ruler now to create
the money necessary for local communit
y life. With this system, you can
allocate money
for the basic needs of the poorest. The dividend has to
be accepted by the general
assembly. Normally we recommend giving a
dividend
at least equal to the amount nece
ssary to cover the basic needs
for the life of the poorest, the sick, the old peopl
e present.
Spread t
he news
<
p style="text-indent: 30px; margin-right: 10px; margin-to
p: 0pt; margin-bottom: 6px;" align="justify">We are looking
for people to go all over the wor
ld to spread this good
new
s. This good news makes the poorer richer. This also make
s local
development possible. This too allows the
poor to have as much money as
they need for the physical needs of the local commun
ity. It is really a
tool for liberation.
And His Justice needs the s
pirit of all 5 Jubilees, all 7 days, 7 months, 7 we
eks, 7 years and all 7x7 years, ...
plus
see Lev. 25: 23 and
Longer ar
ticle was published in the June-July, 2005 issue of "
;Michael".
http://pavie.ch/articles.php?lng=en&pg=76
5
Back
to list of articles
Back
to the Michael's homepage
If concep
ts are not right, the words are wrong,
and if the wor
ds are wrong, works cannot be achieved.
Confucius<
br>
Subprime crisis, a systemic c
risis : how to reform the whole system before a massive f
ailure ?
Is really more centralizatio
n and more power to less people
earning more millions $ a
t the expanse of more and more poors the
solution ?
What are the roots of the problems ?
Do you
find
good that a few individuals can earn salaries above US $
one
billion per year…( sic, with all bonuses, incentiv
es, stock options…),
one hundred million, 20 millions a
nd so on, when others are dying of
hunger ?
While
large financial assets are growing exponentially and in
a
continuous manner, debts will increase even much more.
It is the
responsibility of the working population to gen
erate interest and
accumulated interest. This creation ta
kes place directly in purchases -
Helmut Creutz, estimate
s that 40% of the price of consumer goods, at
least, are
now hidden interests - and in the form of taxes.
Even central and
local government must provide debt service
continuously p
aying interest and accumulated interest. This development
requires an exponential growth of the economy and consta
ntly leads to
new crises.
One author, Hermann Ken
del from Berlin, describes in detail the
propensity to th
e crisis and the various attempts to moderate. In doing
s
o, he mentioned other consequences of the system of accum
ulated
interest, including the ongoing crisis in the Thir
d World and
ecological disaster.
We must work sev
eral hours every day to cope with those hidden
costs, we
have houses 77 % more expansive or smaller, food is twice
the
price, everything costs too much. 99,9999999 % of th
e population has to
pay those crazy bonuses in New-York t
o the happy few shylocks…
The US $ has now a va
lue of only 1 swiss franc, from four francs (
4,47) in 19
48, and it will continue to go down. Small is beautiful a
nd
Switzerland is very decentralized, we have even the wi
r system, a
private money system. see www.wir.ch
What are
they offering ? what "solutions" in one year ti
me ?
Remember, the FED is a private organization,
created just before
Christmas 1913, the 23th December ( m
ost politicians were already gone to buy presents for
the
ir families...), to pass discretly a law to rackett the p
oorer, at a
very high cost, human lifes, wars, revolution
s, terrorism.
They create the roots of most trou
bles.
All the economy is based on loans wi
th interests. Created by a few happy at the cost of more
and more poors who are d
ying.
What are the costs of such a system
? Alcool, drug, psy, depressions,
cancers, divorces, abo
rtions, wars, crisis, unemployment...
The
main
points of the Bush administration's plan to change f
inancial
regulation is more centralization and higher cos
ts to the poorer:
— Expand the role of the Presiden
t's Working Group on Financial Markets
to include the
entire financial sector and not just financial markets.
BIG BROTHER WILL WATCH YOU…
—
Create a new f
ederal commission at very high costs, the Mortgage
Origin
ation Commission, to develop uniform, minimum licensing s
tandards
for mortgage market participants.
— Move t
he Office of Thrift Supervision, which regulates thrift
i
nstitutions to the Office of the Comptroller of the Curre
ncy, which
regulates banks.
—
Merge the functions of
the Commodity Futures Trading Commission into
the Securi
ties and Exchange Commission to create one new agen
cy to
provide unified oversight of the futures and securi
ties industries at
very high centralized costs.
— E
stablish an Office of National Insurance within the Treas
ury
Department to regulate those in the insurance industr
y who want to
operate under an new optional federal chart
er, to make more paperwork.
—
Divide and conquer cen
trally. Work to establish as a long-term goal
three major
regulators: the Federal Reserve as a "market stabil
ity
regulator"; a "prudential financial regulat
or" to take over the
functions of five separate bank
ing regulators; and a "business conduct
regulator&qu
ot; to regulate business conduct and consumer protection.
Solutions:
We need urgently to put a real
and true sytem
close to the people. We need to recover o
ur responsabilities. The only
way is local systems, easy
to understand and to control. Act now, join
and improve a
ll local initiatives, be the salt of the earth.
<
p style="margin-top: 0pt; margin-bottom: 12px;" align="le
ft">How
to apply Social Credit locally.
François de Siebenthal
We need urgently the
revival of the encyclical Vix pervenit to
fight against
all forms of usury and put Christ in the center of the
ec
onomy. France has offered a Statue of the Liberty. We lau
nch a
general auction to offer a statue of the Responsabi
lity to USA, to be
built at ground zero for instance.
Kennedy was killed by crooks because he was trying t
o implement globally this new economy with his order 1111
0.
Abraham Lincoln and John F. Kennedy. Mel
vin Sickler
We all need God to hel
p us at a family and local level and we need to accept al
l five sabbats.
Lev. 2
5: 23
| כג וְהָאָרֶץ, לֹא
תִמָּכֵר לִצְמִתֻת--כִּי-לִי, ה
אָרֶץ: כִּי-גֵרִים וְתוֹשָׁבִי
ם אַתֶּם, עִמָּדִי. |
23 And the land shall not be sold
in perpetuity; for the land is Mine; for ye are strangers
and settlers with Me. |
1 Timothy 6:10
King James Bible
<
font size="4">For the love of money is the root of all evil: which while s
ome coveted after, they have erred from the faith, and pi
erced themselves through with many sorrows.
<
br>More on:
http://userpage.fu-berlin.de/~roehrigw/creutz/gel
dsyndrom/english/index.html
http://userpage.fu-berlin.de/~roehrigw/kennedy/e
nglish/
* http://www.r
einventingmoney.com
* Margrit
Kennedy: Why Do We Need Monetary Innovation? (pdf, 20 Sei
ten)
* Helmut Creutz: The Money Sy
ndrome
* 2000: Werner Onken: A Mark
et Economy without Capitalism
* 20
00: Eiichi Morino: A Story of Robinson Crusoe (by Silvio
Gesell) as a Manga
* 1998: Jürgen
Probst: Aberrations of an interest-based economy
; * 1995: Erhard Glötzl: The How and Why of
a New Monetary System
* 1995: Mar
grit Kennedy: Interest and Inflation Free Money
* 1990: Dieter Suhr: The Neutral Money Netwo
rk
* 1941: Vincent C. Vickers: Econ
omic Tribulation
* 1934: Michael Un
terguggenberger: The End Results of The Woergl Experiment
* 1933: Irving Fisher: Stamp Scr
ip
* 1920 (?): Silvio Gesell: Natur
al Economic Order (Link http://www.systemfehler.de/en/&
nbsp; )
"Another kind of terrorism: the unjust economic
system". Archbishop Concessao
An example of banking
philosophy. Louis
Even
In Argentina, 50 child
ren die of hunger every
day. Th. Tardif
It is urgent to put an end to the scandal
of
poverty. Alain Pilote
The interest kills children, kills
nations. F.
de Siebenthal
The banking syste
m: "An impassable
barrier", said Cardinal
Agre of Ivory Coast
Full sto
res, empty wallets in
Madagascar!. M. Lefebvre<
/p>
Social
Credit
The
Money My
th Exploded. Louis Even
Socia
l Credit puts money in its proper
place. Louis Even
Money, an instrument of
distribution. Louis Even
To s
olve the problem of
poverty. Louis Even
In
This Age of Plenty. Louis Even (book with 52 chapters)
A
Sound and Effective Financial
System. Louis Even (booklet)
What do we mea
n by real Social
Credit? Louis Even (booklet
)
Social Credit, for a healt
hy
economy. Louis Even
A few questions and principles on Social
Credi
t. Louis Even
It's time
people knew the money
trick. Colin Barclay-Smith
What can economic science do t
o get Social Credit
applied? Diane Boucher
The Government Must Create Its Own
Money. Alain Pilote
The
Government does not create
money. Louis Even
The pen that rules the
world
. Louis Even
For a Better Und
erstanding of Social
Credit. Alain Pilote
The Environment — Where Money Is
Concerned. A. Pilote
Socia
l Credit, a scientific technique of
finance. Gilber
te Côté-Mercier
Social Credi
t: humanism and common
sense. Gilberte Côté-Merci
er
About Clifford Hugh
D
ouglas, the genius who discovered Social Credit. Louis Ev
en
Social
Credit: not&nb
sp; Socialism, not a political party. A. Pilote
Our economic liberation through So
cial
Credit. Louis Even
Canada is rich in real
wealth, the Canadians are
poor. Gilberte Côté-Mercier
Restore to the people the control of their own
wea
lth. Louis Even
A civilizatio
n of men financially
free. Louis Even
What should be
corrected! Louis Eve
n
As the people build, the pe
ople get into
debt. Louis Even
Unemployment, a condemnation of the financial
system. Louis Even
Social Cr
edit and labour
problems. Louis Even
The young people want a new financial
system. Louis Marie Roy
To make financially possible what is physically
possible. Louis Even
A brie
f outline of Social
Credit. Vic Bridger
How
to apply Social Credit loca
lly. François de Siebenthal
Please see annexes. Thank you.
Avec mes meilleures salutat
ions.
François de Siebenthal
skype&nb
sp; siebenthal
00 41 21 652 5
4 83
021 652 55 03
FAX: 652 54 11
CCP 10-35
366-2
Présent :
La femme est, comme toujours,
l'avenir de l'homme...:-)
The women is
, as always, the future of Man.
How to finance all our plans, protect an inventor and
his royalties.
http://ferraye.blogspot.com/
--
Avec mes meilleures salutatio
ns.
François de Siebenthal
http://desiebenthal.bl
ogspot.com/
www.de-siebenthal.com
skyp
e siebenthal
00 41 21 652 54 83
021 652
55 03
FAX: 652 54 11
CCP 10-35366-2
Présent
:
La femme est, comme toujours, l'avenir de l'
;homme...:-)
http://www.union-ch.com/file/por
trait.wmv
www.suisse-plus.com
http://w
ww.non-tridel-dioxines.com/
http://www.m-c-s.ch/ &
nbsp; et
www.pavie.ch/mobile
www.pavie.ch
Social credit, sim
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