| Subject: | Re: [socialcredit] Billionnaire-Financier George Soros' New Book | | Date: | Friday, April 18, 2008 14:00:25 (+1000) | | From: | Jim Inness <drjiminness @.....com>
|
| In reply to: | Message 5368 (written by MARTIN HATTERSLEY) |
Soros has wasted his time in writing his book, and no doubt hopes to
waste our time in reading it.
Anyone who writes about the terrible danger facing us, using modified
terms of orthodox economics (Keynesian) to present his case, is merely
confusing the issue further.
It would be too much to expect him to get it into his head that the
cause of ALL our economic, and therefore our political troubles, is
that London School of Economics teachings are intrinsically flawed
The purpose of an economic structure, national or international, is to
make available to the population those things considered necessary for
comfortable survival, and all facets of such an enterprise, including,
indeed especially the money issue MUST be subordinated to that end.
Failure to appreciate, and understand this fundamental consideration
guarantees that we end up just where we are going at the present time.
For God's Sake! Read C.H. Douglas, or C.M. Hattersley, who precised
Douglas' work as far as one can precis it, in his book, "This Age of
Plenty"
On 18/04/2008, MARTIN HATTERSLEY <jmartinh@shaw.ca> wrote:
> Soros is completely right, of course - but I'm sure won't accept any
> responsibility for making himself very rich by exploiting the system that he
> condemns!
>
>
> ----- Original Message -----
> From: Eric Encina <ericencina@yahoo.com>
> Date: Thursday, April 17, 2008 3:30 am
> Subject: [socialcredit] Billionnaire-Financier George Soros' New Book
> To: Social Credit <socialcredit@elistas.com>
>
> > Financier's New
> Book
> >
> > By Eric V.
> Encina
> >
> > Billionaire-financier George Soros has even admitted that
> > the US credit crisis is far over. He said the US situation is
> > more serious than the authorities admit or recognize. He said
> > that measures taken so far to slash interest rates and stimulate
> > the US economy were necessary but not sufficient and the
> > situation is going to get worse before it gets better." He has
> > urged regulators to move more aggressively to improve markets
> > oversight to curb risks from excessive reliance on DEBT FOR
> > FINANCING SPECULATION. He also agreed with the IMF estimates of
> > more than $1 Trillion in losses linked to the collapse of
> > mortgage securities. He said that losses disclosed by the
> > financial institutions so far are related only to the decline in
> > value of those financial instruments.
> >
> > He has a new book: 'THE NEW PARADIGM FOR FINANCIAL
> > MARKETS: The Credit Crisis and What It Means" by George Soros
> >
> >
> > Do you have any comments?
> >
> >
> > Eric V. Encina
> > ericencina@yahoo.com
> >
> >
> > ---------------------------------
> > Be a better friend, newshound, and know-it-all with Yahoo!
> > Mobile. Try it now.
> >
> >
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