Why are we descending to label-thinking, the surest way to obscure logic? John R.
>From: "William B. Ryan" <w_b_ryan@yahoo.com> >Reply-To:
socialcredit@elistas.com >To: socialcredit@elistas.com >Subject: Re:
[socialcredit] Replying to Vic (Deus Ex Machina) >Date: Tue, 19 Apr 2005 06:50:01
-0700 (PDT) > >"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 >infrastructure, free of debt, for future generations >as a starting
point for the introduction of a Social >Credit economy."
>--------------------------------------
>--------------------------------------- > >The was a Greenbacker proposal. It
was never a >Populist proposal. Nor was it
ever C. H. Douglas's >proposal. His "starting point" was most certainly NOT >
>to centralize power in government. > >Trevor, you're entitled to your
opinions. I have no >problem with that. The Greenbacker position has a >great
number of adherents--including COMER in Canada, >and Prosperity in the UK. But it
is a FACT that C. >H. Douglas was not one of them. > >From his evidence to the
Albarta legislature, 1934:
>http://www.geocities.com/socredus/douglas-alberta-1934.txt > >Q. Looking at
Canada as a unit, rather than as >provinces, you would consider--I would like to
get >your opinion of this because it is one on which I >know there are
differences of opinion--would you >consider that the idea of the Dominion simply
issuing >new currency for the purpose of building public works >is a method of
carrying into effect in any way the
>idea of social credit? > >A. It would be absolutely catastrophic. >- > > > >--- Trevor Crosbie <tamac@xtra.co.nz> wrote: > > 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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