THE INSTITUTE OF HISTORICAL REVISIONISM WAS WRONG, WRONG, WRONG!

      It was in March 2012 the Institute of Historical Revisionism (IHR) wrote of “America’s Great, Flawed Ideology of Individualism” (March 21, 2012).  Since that time the situation has only got worse and the American people struggle even more.  This has all been brought to mind by the recent newspaper headlines of the latest bombing in Manchester United Kingdom and the reported death of 29 teenagers in the bomb-blast. At the time  (2012) the IHR wrote:

“America’s ever more obvious cultural disintegration and social paralysis, and its erosion of national identity and purpose, are not minor or temporary problems, but are symptoms of a deep-rooted social-political illness and a systemic failure of the country’s democratic-capitalist system. In large measure, this sickness is the predictable, inevitable consequence of America’s basic ideology of “pursuit of happiness” individualism.  A guiding outlook that was useful, and perhaps even necessary, in an earlier age is now a liability. The ideology laid out in the US Declaration of Independence greatly encouraged this country’s astonishing dynamism, growth, inventiveness and prosperity, especially during the nineteenth and early twentieth centuries. But the core outlook that once contributed to this country’s development is incapable of sustaining a stable and healthy society. Especially in recent decades, America’s “pursuit of happiness” ideology has, inevitably and inexorably, been hastening our nation’s social-political dissolution and decline.”

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WE MISLEAD YOU, BUT NOT INTENTIONALLY


The article in the Crossroads Blog “Bank operations and exposure needs addressing NOW!” from cairnsnews, Monday, 15 May 2017 featured a photo of a stack of hundred dollar notes . Accounting methods --- www.sciencedirect.com/science/article/pii/S1057521914001434  The fact is the article was about banks having the power to create credit which, in my understanding, does not originate from the same source as does the hundred dollar notes.

But how would credit/debt blips on a computer be pictured in a text book on banking or in a newspaper on bank credit?  If the picture accurately reflected the origin of credit it would have to simply show just how the fraud originates in bank’s ledgers as this site has done previously. In the 1990s Mr. Ray King of Booragoon, West Australia was asked to explain the ‘creation of credit’ for those who found the concept difficult to envisage. Photo of Mr. Ray King along with Frank Bawden and Roy Gustard http://www.alor.org/New%20Times/pdf/NT2818.pdf

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G.K. CHESTERTON AND THE ‘BROAD CHURCH’ IN 1917

The Church of the Servile State: “Every religion, apart from open devil worship, must appeal to a virtue or the pretence of a virtue.   But a virtue, generally speaking, does some good to everybody. It is therefore necessary to distinguish among the people it was meant to benefit those whom it does benefit. Modern broad-mindedness benefits the rich; and benefits nobody else. It was meant to benefit the rich; and meant to benefit nobody else. And if you think this unwarranted, I will put before you one plain question.

There are some pleasures of the poor that may also mean profits for the rich: there are other pleasures of the poor which cannot mean profits for the rich? Watch this one contrast, and you will watch the whole creation of a careful slavery.

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THE WILL OF MAMMON in “The Just Tax” by Geoffrey Dobbs 1994

“It is not the straits to which the Church may be reduced, along with the rest of us, which disheartens us; united in faith we could endure and achieve anything. It is the ready accommodation to, even the anticipation of the will of Mammon, both on the parochial and on the World scale…”

DON’T SELL AUSTRALIA OUT!

“Hundreds of small country towns have been stripped of their official status”. Why? Because the Australian Bureau of Statistics (ABS) “has updated a new statistical standard to define an urban centre locality, or town. Census data is applied to a formula that decrees centres with less than 200 people are no longer towns”. Why? Because Government financial policy is making it “too expensive to live in rural areas with attendant withdrawal of essential services”. - - the Weekly Times 27th December 2013

Not by Drought, nor by ‘Global Warming’ but by Crafty Usurers!AUSTRALIA... When the shearing sheds are silent and the stock camps fallen quiet When the gidgee coals no longer glow across the outback night And the bush is forced to hang a sign, ‘gone broke and won’t be back’ And spirits fear to find a way beyond the beaten track When harvesters stand derelict upon the wind swept plains And brave hearts pin their hopes no more on chance of loving rains When a hundred outback settlements are ghost towns overnight When we’ve lost the drive and heart we had to once more see us right When ‘Pioneer’ means a stereo and ‘Digger’ some backhoe And the ‘Outback’ is behind the house, there’s nowhere else to go And ‘Anzac’ is a biscuit brand and probably foreign owned And education really means brainwashed and neatly cloned When you have to bake a loaf of bread to make a decent crust And our heritage once enshrined in gold is crumbling to dust And old folk pay their camping fees on land for which they fought And fishing is a great escape; this is until you’re caught When you see our kids with yankee caps and resentment in their eyes And the soaring crime and hopeless hearts is no longer a surprise When the name of RM Williams is a yuppie clothing brand Not a product of our heritage that grew off the land When offering a hand makes people think you’ll amputate And two dogs meeting in the street is what you call a ‘Mate’ When ‘Political Correctness’ has replaced all common sense When you’re forced to see it their way, there’s no sitting on the fence Yes one day you might find yourself an outcast in this land Perhaps your heart will tell you then, ‘. I should have made a stand’ Just go and ask the farmers that should remove all doubt  Then join the swelling ranks who say, ‘don’t sell Australia out’ - - Author unknown

WE ALL NEED TO KNOW THE TRUTH- AND BE SET FREE!

     We have featured the paper by Dr. Richard Werner and the power of banks to create money out of thin air, and interest has been stirred, but not all our readers are familiar with the discipline and its terminology in which the discussion is taking place. In the following, the wording has not been changed from the original but certain portions have been ‘cherry-picked’ in order to make clearer.  Emphasis has been added throughout.

Abstract 1. Introduction      Thanks to the recent banking crises interest has grown in the details of how banks operate. In recent decades, the empirical and institutional micro-structure of how banks operate had not been a primary focus of attention by investigators. This lack of interest may partly be due to the predominance of the hypothetico-deductive* research methodology in economics, which begins by posing axioms and assumptions. Such a theoretical and hypothetical framework has also been the basis for bank regulations. As is well known to historians, reality may be less logical and rational than the designers of theoretical constructs may envisage. This is known in other areas of finance, where market and investor behaviour often does not conform to the precepts of theoretically posed ‘rational agents’. By contrast, an inductive approach begins by establishing the empirical facts.

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UK GREEN ENERGY PUTS CONSUMERS OUT OF POCKET

     SIR, Ben Goldsmith (Letters, May 4) claims that climate policies are not pushing up energy bills.   He obviously is not aware that, according to the Office for Budget Responsibility, subsidies for green energy will cost £9.1billion this year, and will rise to £14.3.billion by 2020.  To that figure must be added £11 billion for the smart meter rollout.  All of this must be paid for by consumers.

Mr. Goldsmith also claims that wind power, along with gas, is now the cheapest form of electricity.  Could he explain why wind farms still require large subsidies, rather than competing on the open market? - - -Paul Homewood, Sheffield, South Yorkshire.

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RITUALISED SERMONS, CEREMONIES AND PRAYERS

     Aren’t you tired beyond belief of government’s annual “ritualised sermons, ceremonies and main prayer” (as The Australian editorial, 9 May 2017 puts it) as Budget time has once more come upon us?  The Editorial reads:

“Budget set to bank our future on better growth”“It has become a ritual. We know the sermons, ceremonies and the main prayer. We put ourselves through it and we always hope for better. But we know that almost certainly we will return to the same rites and promises a year later when, again, we will have fallen short of expectations. So we will offer a similar prayer for the year after that.”

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BANK OF ENGLAND: BONDS, REDEMPTION AND…. BONDAGE?

     While we may all be sick and tired of the ‘guff’ the mainstream media continuously feeds to us it is way past time we took on our own responsibility for the state of affairs this nation is now labouring under.  This website has more than enough information-–along with some important historical facts—on why we are in such a financial mess.

     So please, don’t whinge about the state of the nation if you are not going to play your part in its redemption.  First, study carefully the historical background of the banking system and grasp clearly why the banking system has such control over our nation’s financial affairs.

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AND NOW TO AUSTRALIA AND ITS DEBTS AND BONDAGE

Taken from the original “Story of the Commonwealth Bank” by F.J. Amos, 9th edition:Read the full story by F.J. Amos here….https://alor.org/Library/Amos%20DJ%20-%20Commonwealth%20Bank.pdf Mr. Amos writes:

     “The Story of the Commonwealth Bank” was originally delivered as a lecture before the  Sturt Electoral Committee, Adelaide, and was first printed in pamphlet form in 1931.  It exhibited the usual defect of all lectures, namely, condensation of the subject matter to an extreme degree.  The great and unexpected demand which arose for the pamphlet found me so closely occupied in other work that the second and third editions had to be printed practically unaltered, and I began to be more and more sensible of the need for amplifications and additions.

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Goldmann Sachs — bigger than fossil fuel in the climate debate

We can’t blame Goldmann Sachs. It’s just good business. Ref: http://joannenova.com.au/2017/05/goldmann-sachs-bigger-than-fossil-fuel-in-the-climate-debate/Goldmann Sachs pours money into lefty causes and politicians of both stripes. The gifts to left-wing flagships like climate change and same-sex marriage buy protection from the anti-bank Occupy crowd. And climate propaganda is doubly useful — Goldmann Sachs can invest and profit from government largess. And these are very big biccies – -in 2009 Goldmann Sachs announced it would spend $150 billion on green energy by 2020.

The message to non-left causes is that if you want to get multimillion dollar philanthropic funds, mobilize people and march in the street. When Goldmann is afraid of what you might do against their bonuses or profits they might get interested in your cause too.

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The Universal Lesson of East Timor By John Pilger



Ref: http://www.informationclearinghouse.info/

Filming undercover in East Timor in 1993 I followed a landscape of crosses: great black crosses etched against the sky, crosses on peaks, crosses marching down the hillsides, crosses beside the road. They littered the earth and crowded the eye.   The inscriptions on the crosses revealed the extinction of whole families, wiped out in the space of a year, a month, a day.  Village after village stood as memorials.

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EXCHANGE ON THE POWER OF BANKS TO CREATE NATION’S MONEY SUPPLY

Interested New Zealanders have been discussing the story which appeared in the New Zealand ‘Herald’ recently:“Bryan Gould: Brash doesn’t seem to understand banking” Friday Apr 28, 2017http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=11845670.

Bill Daly explained:  Brash was NZ Reserve Bank Governor a few years ago. Bryan Gould NZ born was a UK Labour member of parliament at one time and more recently associated with one of the NZ Universities.Accused by Don Brash of “peddling nonsense” Bryan Gould responded:It is no surprise a former Governor of the Reserve Bank should seek to defend the banking system from its critics. But in denying the accuracy of points I made in the Herald about how the banks operate, Don Brash accused me of “peddling nonsense”.

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YOU DON’T MODIFY SOMETHING THAT IS FUNDAMENTALLY SOUND By Wallace Klinck, Canada

Often certain advocates of Social Credit, frustrated in their ability to progress in gaining converts and adherents, look for some way of “modernizing” Douglas’s ideas to bring them “up to date” for purposes of gaining public appeal.  Sometimes these proponents of “updating” Social Credit to increase “public acceptance” are sincere, sometimes themselves not clear in their understanding of the meaning and intent of Social Credit policy--and sometimes are agents of disruption intent deliberately upon sabotaging Douglas’s ideas.   My response is as follows:

“Why would you want to modify the Social Credit philosophy and policy?  Social Credit was an idea whose time had come a century ago, when the evermore capital intensive industrial age was effecting profound economic and social change, and has become more relevant and applicable with the passage of time.  You don’t modify something that is fundamentally sound just because people may not understand it.  Reality is reality.  We simply must educate people in an effort to help them come to an understanding of actuality.  We are assisted in this with every replacement of human effort by technology.

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Charles Ferguson’s 'The Great News' (1915)

This article stemmed from reading a paper written by an Indian chap on a proposal for a National Dividend for India.  An excellent paper, it has just one small historical error:  from his readings, the chap believed that A.R. Orage coined the term ‘social credit’ which was published in an edition of 'The New Age'. Historically, this was not so, and historical accuracy is important, so this error will be corrected.But it did send me back to Charles Ferguson’s 'The Great News' (1915).

Fellow American Michael Lane researched the life of Charles Ferguson, originally published in Triumph of the Past January to June, 2002 and republished by the Australian Heritage Society as 'Charles Ferguson: Herald of Social Credit'.Bill Daly of the New Zealand League of Rights wrote an Introduction to Michael Lane’s book and had this to say:

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MYTHS, LEGENDS AND SPIRITUAL SURVIVAL by Betty Luks October 2007

Ref: http://www.alor.org/NewTimes%20Survey/Myths%20Legends%20and%20Spiritual%20Survival.htmI recently came upon a copy of Sir Edward “Weary” Dunlop’s “War Diaries” published forty years after WWII. Sir Edward was one of Australia’s great heroes. In the foreword British officer, Colonel Sir Laurens van der Post wrote of his brief experiences with the American and Australian soldiers of war, along with the British, in the early days of the Japanese internment and he described prison life as “the war within the War”.

For the first three months and under the inspired leadership of (then) Lieutenant-Colonel Edward Dunlop, an all out effort was made to not only invest the resources available to them for “the physical well being” of the men, and to unite them as of the British-Commonwealth, but a “vast educational system was set up” to cater for their mental and spiritual well being. To aid in their “physical survival and spiritual sanity”, the officers set up schools, classes and lectures, even a microcosm of a *Commonwealth parliament in prison.

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A Book Review of Social Credit Economics

In this book review of M. Oliver Heydorn’s book “Social Credit Economics”, Arindam Basu noted:

“As befits his Catholic background, Dr. Heydorn occasionally stresses the Christian philosophy underlying Social Credit. However, as David Astle has shown in his classic work, “The Babylonian Woe”, the battle between the money power and mankind long predates the advent of Christianity. Indeed, it is but one theatre of the age-old struggle between centralization and decentralization, subversion and tradition, monotheism and polytheism, - and in the final analysis, subservience and independence.Or as Lord Acton put it:“The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”Seen from this perspective, Social Credit Economics is a most valuable weapon in the people’s arsenal.”

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NPP and AUSTRALIA AS A ‘CASHLESS’ SOCIETY

On 27 March 2017, ABC News reported:“In 2014, 12 financial institutions signed up to build the NPP, (New Payment Platform…ed) partly as a way of bringing Australia up to speed with other countries that are ahead in the race to becoming completely cashless.Sweden is on track to become the world’s first completely cashless economy, and just last November India got rid of its highest denomination bills, effectively eliminating 90 per cent of its paper money.  Professor Holden estimates Australia could be cash free as early as 2020…”

Am I the only one who sees the centralizing dangers in Australia becoming ‘a cashless society’ under the present financial policies? According to Michael Edwards on ABC AM, 27 March 2017:“The Reserve Bank is introducing new technology this year which will push Australia even further towards being a cashless society.Later this year the bank will roll out a new system called the New Payment Platform (NPP).  The NPP will mean money can be transferred almost instantaneously, even when the payer and payee are members of different banks.  (Please note this sentence is about ‘credit’ – not physical money.  That is, ‘money’ in the form of ‘blips on a computer’.)

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IT IS IN PEACETIME CIVILISATION FAILS

It was in 1926 that C.H. Douglas first wrote, “In war-time, therefore, civilisation does not fail.  It is in peace time that it fails.”  That statement was repeated in August 1940 - found here http://www.alor.org/The%20Social%20Crediter/Volume%204/The%20Social%20Crediter%20Vol%204%20No%2021%20August%203%201940.pdf)

As the world forces bring us once more to the brink of war, this time a devastating nuclear war, it is worth considering his message written so long ago:

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‘ECONOMIC POLICY’ AND ‘GOOD WORKS’ by Wallace Klinck

I am reminded of Wallace Klinck’s response to a fellow Canadian who was defending Christians’ involved in ‘many good works’ within their communities.

Wallace’s words speak for themselves:

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