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Message 994
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| Subject: | Re: [socialcredit] Replying to Vic (Deus Ex Machina) | | Date: | Wednesday, April 20, 2005 14:38:27 (+1000) | | From: | Vic Bridger <socred @.......au>
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I think it necessary to distinguish between debt to the banking system by
governments and debt by private enterprise. There is a difference between
public infrastructure by government and production by private enterprise.
Vic Bridger
----- Original Message -----
From: "Trevor Crosbie" <tamac@xtra.co.nz>
To: <socialcredit@elistas.com>
Sent: Tuesday, April 19, 2005 8:30 PM
Subject: Re: [socialcredit] Replying to Vic (Deus Ex Machina)
> Oh come on Jessop, the reason Douglas wrote extensively about monetary
> reform was because he clearly saw a debt based system of providing
> purchasing power to enable people to buy the goods and services others
> produce as containing the seeds of its own destruction. That destruction
is
> manifesting itself in the current orgy of production as every nation
strives
> to become a better exporter of goods and services than its competitor.
That
> process is driven by the need to service an ever growing level of
> international, national, regional, company and personal debt - all owed to
> the owner operators of the debt mechanism.
> Once the entire process of production, distribution and consumption is
100%
> financed by interest bearing debt the money power that Douglas wrote of
will
> have absolute power over every aspect and direction of the lives of us
all.
> 'Democratic governments' will simply be a powerless facade left in place
to
> provide an outlet for the frustration and anger of those who are excluded
> from any real opportunity to use their talents and reach their true
> potential. The real decision making will be in the boardrooms of theose
who
> own the debt and therefore hold our lives in their hands.New Credit for
new
> production suplied by the banks will actually be new interest bearing
debt.
> If you can't understand that simple fact you are doomed!
> The only way forward is to back interest bearing debt out of the system by
> using the power of credit, controlled by the people, to provide essential
> infratstructure, free of debt, for future generations as a starting point
> for the introduction of a Social Credit economy. If that is not Social
> Credit in the sense that Douglas saw it then I will quietly fade from the
> scene and leave you all to your endless debate.
> Regards
> Trevor Crosbie
> Hamilton NZ
> ----- Original Message -----
> From: "Jessop Sutton" <sutton@kingsley.co.za>
> To: <socialcredit@elistas.com>
> Sent: Tuesday, April 19, 2005 3:05 AM
> Subject: Re: [socialcredit] Replying to Vic (Deus Ex Machina)
>
>
> > On Monday 18 Apr 2005 1:05 am, Trevor Crosbie wrote:
> >> The use by our
> >> democratically elected representatives of a parallel mechanism, for the
> >> provision of essential infrastructure free of interest bearing debt, is
> >> not
> >> only feasible but essential to the viability of our society and all the
> >> people therein.
> > ====================
> >
> > Does interest-free provision for essential infrastructure come into the
> > ambit
> > of Social Credit? I thought the general consensus is that that would
still
> > be
> > left to the commercial banking sector in the same way as 'new credit for
> > new
> > production' would still be supplied by the banks?
> >
> > Jessop.
> > ---------------------------------------------------------------------
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> >
>
>
> ---------------------------------------------------------------------
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