So heroic Iceland in dealing a blow to the “Bankers” appears not to be so noble after all

http://www.bbc.com/news/world-europe-41280080

So heroic Iceland in dealing a blow to the “Bankers” appears not to be so noble after all!

Why Capitalism Creates Pointless Jobs By David Graeber


     It’s as if someone were out there making up pointless jobs just for the sake of keeping us all working.

     In the year 1930, John Maynard Keynes predicted that technology would have advanced sufficiently by century’s end that countries like Great Britain or the United States would achieve a 15-hour work week. There’s every reason to believe he was right. In technological terms, we are quite capable of this. And yet it didn’t happen. Instead, technology has been marshaled, if anything, to figure out ways to make us all work more. In order to achieve this, jobs have had to be created that are, effectively, pointless.

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DEBT: The First 5,000 Years by David Graeber


     While the “national debt” has been the concern du jour of many economists, commentators and politicians, little attention is ever paid to the historical significance of debt.

     For thousands of years, the struggle between rich and poor has largely taken the form of conflicts between creditors and debtors—of arguments about the rights and wrongs of interest payments, debt peonage, amnesty, repossession, restitution, the sequestering of sheep, the seizing of vineyards, and the selling of debtors’ children into slavery.

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JOIN THE DOTS AND STUDY THE EMERGING SINISTER SCENARIO By Betty Luks

Society and Credit: “The credit of a society belongs to the individual members of that society, and Governments should have to come to individuals for required credits in the same way that a company is dependent upon shareholders for its share capital.

·      1940: Technocracy, the Grid System, Smart Meters and the Carbon Imprint “The Grid Electricity Scheme, the Child of the brain of Samuel Insull, the London-born Chicago Jew, who was pursued around Europe by a United States warrant on a charge of fraud probably represents the sabotage of fifty million sterling value in serviceable plant alone… and immensely greater military vulnerability”. - - Clifford Hugh Douglas, “In Whose Service is Perfect Freedom”

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Here Are The 147 Transnational Companies Who Run The World


Source:  Technocracy News, 27 August 2017 These companies are run by Technocrats who are all busy perfecting the ultimate and interconnected global supply chain. The list is not necessarily perfect, but it is representative of a class of super-companies who are running the global show. TN editor:

A study by the Swiss Federal Institute of Technology in Zurich has found that a mere 147 corporations control the world – orchestrating events and controlling governments.

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SOCIAL CREDIT SEEKS A RESOLUTION – NOT A REVOLUTION

It certainly looks like the Marxists believe their ‘revolution’ has come about in America as in other western countries.  Social Credit seeks a Resolution of conflict not a Revolution and republishes a letter which appeared in a Social Crediter edition of 1942 .  It is taken from Quadragesimo Anno, the great encyclical on the Reconstruction of the Social Order issued by the late Pope Pius XI.

The letter reads: Sir,

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What is Social Credit?


Someone has posted this simple animated brief video to Youtube a short time ago.  It seems to be quite sound and provides full text as well as audio--and obviously has been “borrowed” by a well-intended person.

Seven in 10 Americans Support the Right to Legal Abortion

     Daily Kos <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:Wallace, seven in 10 Americans support the right to legal abortion. The Supreme Court has upheld our constitutional right to choose. Still, we’re forced to defend it repeatedly as anti-choice politicians and organizations focus on undermining our rights and chipping away at access until they eliminate it completely. As long as the right to abortion is endangered, human rights are threatened.

To which Wallace Klinck Responded:  Monique Teal (Daily Kos)     Our “economic viability” is primarily determined, and sabotaged, by a dysfunctional, exploitative and costive financial system which is increasingly non-distributive, except by means of exponentially increasing financial debt, and which stops up the potential abundance of nations.  If you prefer to ignore this final and definitive cause of our problems of poverty, crime, war, etc., and instead choose to encourage women to destroy the life within them without humanity, emotion or moral concern, you are hopelessly confused, and culpable if actually aware of the destructive and degrading nature of your actions, which seem to assume that women, along with the rest of humanity, are primarily and inevitably mere economic functionaries serving the powers of Mammon, as embodied in the banking and financial fraternity.  You are basing your policies upon fear and avarice rather than upon faith, love and compassion.  We live in a world of actual abundance and financial scarcity, and are deceived by the latter to believe in a material scarcity which does not exist except for the inhibiting influence of its false symbolic accountancy representation and determinant, which we call money.  An increasing portion of the world’s human “work” is done not for any genuinely or justifiable productive purpose but rather merely to receive financial incomes enabling us to obtain not current but past production.  This is called “salvation through works”—and the “works” (defined as expended human energy) become evermore irrelevant, wasteful, idolatrous, enslaving and threatening as technology replaces human energy as a factor of production.  The crime is not the marvellous displacement of labour by technology but in our inability, or mindless and stubborn unwillingness, to provide a means for dispersion of the spectacular abundance which technology makes possible.  A nation or society which has no Cultural Inheritance, or refuses to recognize, acknowledge and confer it, is doomed for consignment to the scrapheap of history.Major C.H. Douglas on “Causes of War” - part 1 - YouTube - BBC 1934  https://www.youtube.com/watch?v=sw28HmmvNNs

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THE ‘NEW AGE’ WAS UPON US LAST CENTURY

     It seems it is finally hitting this generation. The Age of Human Labour is fast fading, the Age of Robotic Automation has dawned.  The headlines read:

     "Future of work: How your job will change by 2030”-- 27 July7, 2017:

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THE ABC OF SOCIAL CREDIT

     “If Industry’s objective is more efficiently carried out by the use of machinery, automation and now robots, than by the use of man-power, then we must expect a progressive increase in unemployment.”  That was understood in the early years of the 20th century.      What about now in the early years of the 21st century?  The issues have become more pressing. Elizabeth Holter published a little book in 1934 explaining in simple terms what she understood as “The ABC of Social Credit”.  As she explained in the Introduction, the past few hundred years have seen the transformation of the world.  Before James Watt invented the first practical steam engine, the struggle for existence required all man’s time and energies and scarcity and want was never far removed, and always to be reckoned with.  And then ‘scarcity in an age of plenty’ loomed large because mankind had not grasped the dramatic changes that had taken place and his systems/institutions were based on policies originating in an earlier age.

     But we are now in the early part of the 21st century and with the Robotic Revolution and the growing Precariat (precarious unemployed and ever-growing personal and national debt)) there are those who are putting forward ideas on how to provide a Basic Income, and/or Positive Money for all citizens.

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THE CHARTISTS FROM A SOCIAL CREDIT VIEWPOINT

     Watched the videos on the Institute of Public Affairs website by Dr. Bella on Australia’s The British Heritage of our Freedoms.  The videos are well worth watching.   Found here… https://ipa.org.au/heritage-of-our-freedoms

     The video “Australia’s own Tea Party Revolution” was of great interest to me.  It dealt with the role of a group of Chartists “on the Victorian gold fields in the 1850s and the demands they made following the Eureka Stockade…”Regular readers and supporters of ALoR journals and website would be very familiar with such discussions as Magna Carta; The Rule of Law; English (Common) Law; etc., so I thought I should search through The Social Crediter to see what C.H. Douglas had to say about the Chartists.The following is what I found in The Social Crediter, Vol.7, No.2, 31st January 1942Writing of Karl Marx, Major Douglas quotes historian Nesta Webster:

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Social Credit Exposed The Scam Last Century by Wallace Klinck


     It is tragic to observe society again being swept up in the false and fabricated Left-Right dialectic as the Banking Fraternity continues to dominate from its safe abode hidden above the storm--centralizing both wealth and power all the while in its megalomaniacal drive for World Dominion.  

     Social Credit exposed this scam in the early part of the last century and provided the appropriate recommendations to eliminate the prevailing system of continuing and exponentially expanding financial debt.  Communism/socialism and fascism both build up from the State rather than from the individual.

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Finkel Fails


Dr Finkel, grandly titled as “Australia’s Chief Scientist”, was paid by tax payers to produce:“A Review into the Future Security of the National Electricity Market”.This report has been studied and is rated “FAIL”.

        It Fails in Science        It Fails Electricity Consumers        It Fails Australia     But Green Energy Promotors are Delighted.

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SOME IMPORTANT WARNINGS FROM THE PAST

The Supreme State, Planning and Scarcity: On Target 25 July 2014

“We are at the present time unquestionably under the domination of a financial system, which rules us. It rules us in our most basic necessities; the necessity for bed, board and clothes, and the other things that go to make up the standard of living. But we do not want to transfer that domination from, let us say, what we can call the banking system under another name to something we call the State. The great danger at the present time is not that the present financial system will persist ... but that under the confusion that will exist as a result of the crises caused by the breakdown of the financial system, an even greater tyranny may be put over on you as in the cases of many countries at the present time, and which is in active progress in still more countries even as I speak. That is the danger, and you must keep in your minds, to avoid that danger, some clear objective, and that objective, the proper relationship of the individual to the group, is in my opinion, the relationship and objective to which we want to strive….” - - From a speech by Major C.H. Douglas at Calgary, Alberta, Canada, April, 1934. https://alor.org/Library/ThoughtsofDouglas.htm

INDEPENDENT’S PROPOSAL: MORE SOCIALISM BY STEALTH?

     So, the news has filtered down to the UK’s newspaper The Independent that Canada is considering a Basic Income for the nation’s ‘precariats’.  Paid for out of taxation of course – you know, tax the rich to pay the poor - not created by a National Credit Office and issued debt free, as proposed by Social Credit concepts.

“Unlike its neighbour the United States, Canada projects an image of peace, plenty and progressive policies. But there’s a quiet rumble across the North American country. While the rest of the world is in love with Prime Minister Justin Trudeau, his popularity ratings at home are down 9 per cent on last year. Income inequality is acute and unemployment is still stubbornly high. What new work that is being created in Canada’s economy is precarious and part-time. Wage rises are being eaten away at by inflation since the financial crisis and millions of jobs are at risk from automation.

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WHAT ABOUT THE ROOT OF ALL EVIL ?

Eric D. Butler wrote:

“If, as we are told in the New Testament, the love of money is the root of all evil, why then, at a time when Christian Civilisation is clearly disintegrating, do so few of those who claim to speak in the name of Christianity, devote themselves to a realistic consideration of this warning?Christ was emphatic that it was impossible to worship both God and Mammon, that no one could serve two masters, and in the only act of physical violence during His Ministry, whipped the money changers out of the Temple.

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THE BEST ENEMY MONEY CAN BUY

     I believe it important Australians study very carefully just how modern governments have been betraying their own peoples for at least the last century. The answer could be in the following story of Western Capitalism and the former Soviet Union that you have never read.

     This business of lending blood money is one of the most thoroughly sordid, cold blooded, and criminal acts that was ever carried to any considerable extent, amongst human beings. It is like lending money to slave traders, or to common robbers and pirates, to be repaid out of their plunder. And the man who loans money to governments, so called, for the purpose of enabling the latter to rob, enslave and murder their people, are among the greatest villains that the world has ever seen.  -- Lysander Spooner, “No Treason” (Boston, 1870)

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Turkey can’t get free money from US, decides climate is safe, Paris unneccessary

Ref: http://joannenova.com.au/2017/07/turkey-cant-get-free-money-from-us-decides-climate-is-safe-paris-unneccessary/

Ergodan does his own climate maths — decides that the most significant inflatable cash cow has  disappeared from the sky. The global climate suddenly looks clearer, and so Turkey pulls back from Paris accord:

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The Futility of Environmental Sentiment By William Waite

Ref: http://www.socialcredit.com.au/social-credit-angles/entry/82-the-futility-of-environmental-sentiment     This weekend gone I was happy to sign a petition objecting to the Adani development in the Galilee basin, Queensland. The information given me at my local farmers market accurately reported on a number of concerns relevant to the Adani project.  At the heart of the protest lay the concern about the environmental impacts of the mine. The commitment of those involved in these campaigns is admirable, and I sense that the public is increasingly receptive to environmental issues. However, in my view the strategy of the environmental movement is critically incomplete.

     In 1918 a Scottish Engineer named Clifford Hugh Douglas wrote an article called The Delusion of Super Production1 for The English Review. In it he lay out a problem he had discovered with the functioning of the economic system.Having investigated more than a hundred companies he found that production costs always exceeded the money made available to workers, except in businesses going broke.

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From The Valley of The 7: Confessions of a Former Swiss Banker

Ref: https://vimeo.com/136794177

     Swiss Banker Francois de Siebenthal discusses his experiences at the highest levels of International banking, while attending an annual conference with The Pilgrim's of St. Michael in Rougemont, Quebec, Canada. Eucharist Shine Films was on-hand to document the proceedings and classroom sessions.       While there, we were introduced to former Swiss banker Francois de Siebenthal, an advocate for the concept of worldwide monetary reform known as "Social Credit," agreed to an in-depth interview. Executive Producer, Frank Maggio. Production Coordinator, Brent Gardner. Cinematography, Editing and Motion Graphics by Joe Gaudet of Tampa Bay, Florida.