In-Reply-To: <A15E90B1ED8C46D7BD3C93AD96024B4E@jerusalem>
Hi Larry.
I would be most pleased if you would include me in any discovery you make
about that connection.
The attempt to scupper the payment is also a matter of interest to me.
Were there people appealing to the supreme court to have it stopped, who
were they, and what were the issues aired ?
Did any of this have a connection with Albertas "Community chest" ?
Sorry about all the questions, but politically these are issued rising to
the surface again.
Ken.
-------- Original Message --------
From: "Larry Heather" <lheather@shaw.ca>
To: <socialcredit@elistas.com>
Date: Fri, 27 Mar 2009 15:51:02 -0600
Dear Ken,
It has been common legend, that the Alberta Provincial Social Credit
Treasurer and finance officials made the trip to Alaska in the early
sixties
to assist the Officials there to set up the dividend fund. The same
system
was set up in Alberta, ready for implementation in the late seventies.
When
Peter Lougheed of the Progressive Conservatives defeated the Socreds in
1971, the nature of the Heritage Fund was changed to a loan fund for other
provinces, and it true dividend purpose thwarted.
I am currently seeking more documentation on the initial trip to
Alaska
by the Socreds and would be grateful to have more information if anyone
has
come across such in the past.
Larry Heather
----- Original Message -----
From: "Kenneth Palmerton" <kenpalmerton@cix.compulink.co.uk>
To: <socialcredit@elistas.com>
Cc: <kenpalmerton@cix.compulink.co.uk>
Sent: Friday, March 27, 2009 7:49 AM
Subject: Re: [socialcredit] Re: depreciation
> In-Reply-To: <001e01c9ae2f$8efcd500$6500a8c0@cc.shawcable.net>
> Hi Joe.
>
> I couldn't possibly know what the effects of the dividend were upon
> Alaska, but I was certainly surprised and delighted when I first heard of
> it :-) And I never did get answers to all the questions I asked of the
> Alaska authorities at the time.
>
> Your question about the effect upon retail prices is a good one. For it
is
> my belief that orthodox economists have never quite grasped what is at
> work when they formulated their "Law" that increased money supply leads
to
> increased prices. Few of them have ever sat in a company boardroom when
> the agony over the possibility of increasing prices is thrashed out.
>
> With very few exceptions companies struggle to even cover their costs,
> never mind actually make a profit :-( and the gut calculation about their
> customers ability to pay more, even if their competitors allowed them to
> raise prices, is the stuff of almost any price rise likely hood.
>
> In my opinion this inflation/deflation frenzy is more about the returns
to
> investors than it is a worry to people with a rising income. The only
real
> sufferers in an inflationary situation are those with truly fixed
incomes.
>
> Yes I know it is inconvenient, chopping off noughts is always
> problematical, and it would be better if there was some stability, but
> that utopia has to await a sensible monetary system, does it not ?
>
> Ken.
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