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Subject:[socialcredit]
Date:Sunday, June 15, 2008  01:58:42 (+0000)
From:John G Rawson <johngrawson @.......com>

I am becoming bewildered by the amount of turkey-talk cropping up in this forum, often with a derogatory connotation that fits badly with a supposedly serious study:
"Greenbackers". From the daily reports on our overseas exchange rates in relation to other currencies, including "the Greenback", I could have assumed this referred to  "Citizens of the USA".  It was only when I found out that that country seems to have a weird perversion whereby even most of its paper currency is lent into circulation that I realised the intended meaning seemed to be simply "modern monetary reformers within the USA". Not including social crediters. In  fact, the more one considers it, the more imprecise the term seems.
"Magic money" in relation to the Guernsey experiment. Whether the system actually was used or not, and so far the evidence is overwhelming that it did, there is nothing magical about the complete logic by which it would have worked.
"Georgist" for all sorts of slants that might be, and probably were not, linked with the "single tax" movement.
However, I am grateful for one aspect. No nasty epithet seems to have been produced to describe New Zealand's first Labour Government's efforts in the field of monetary reform.  Until it was warned off this policy by threats to its export trade, in its small way, this country helped lead the world out of recession by financing infrastructure, public housing and one struggling primary industry with funds from our publicly owned central bank. It may also be noteworthy that it was only after the socialist faction had returned this Party to orthodox debt financing that it became arrogant and divorced from the public.
Regards.
John R.


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