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.

THE EVIL SHADOW…. THE WOMAN

The following story of the corrupted use of a nation’s money system by Peter Lock is a good example of the ancient art of story telling.

THE GREAT HARLOT… PORTRAYS POWER WITHOUT RESPONSIBILITY A paraphrase and interpretation of Chapters 1 7, 18 and 19 of the last book of the Bible, known in its English translations as The Book of Revelation or The Revelation of St. John the Divine.

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THE GAME OF MATES


Source:  https://www.michaelwest.com.au/epic-wealth-creation-and-the-game-of-mates/     Professor Paul Frijters and Dr Cameron Murray, in their book “The Game of Mates” have pulled back the curtain to expose ‘the game of mates’ who dominate our business world and the political parties, whilst skimming off $ billions from Australia’s economy – all legal if not ethical.

Journalist Michael West writes:     “There is one class of people in Australia which transcends political parties, dominates the business world and is the key to getting rich. That is, mates. Working hard is good, watching Anthony Robins tapes might help, but if you really want to get ahead, say Dr Cameron Murray and Professor Paul Frijters in their new book, ‘Game of Mates’, find yourself some good old mates. This is a tale of feather-nesting mates who skim billions from Australia’s economy to line their own pockets. Whether it’s property, mining, infrastructure or banking, the mates have their snouts firmly in it, helping themselves to a large chunk of Australia’s economic pie.

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TRULY REPRESENTATIVE GOVERNMENT By Wallace Klinck, Canada

     No sovereign state is obligated in any way whatsoever to accept a flood of foreign peoples into its formal territory. The European people, including Britain, were seduced into a fatal surrender of their independence in joining a monstrous centralized power organization designed to strip them of their unique cultures and independent destinies. This unholy enterprise is the brainchild of megalomaniac internationalists who for objectives of centralizing both political and economic power, under the guise of a dangerous, sedulous and deceptive idealism which is intolerant of variation or differentiation and conceives a static and enforced unity as the preferred order of civilization. The fundamentally dishonest nature of these globalist power-mongers was evident in their original attempts to “sell” the European Union as a mere economic union based upon so-called free trade. In reality the price has been the progressive and rapid loss of national and cultural and independence--and individual freedom. The European Union was a malevolent scam from the time of its conception. The punitive and extortionate penalties which it imposes upon any nation not acceding to its dictates should be sufficient warning to any intelligent individual as to the ultimate tyranny under which people would live if this monstrous entity should be allowed to continue its exercise of illegitimate and unnatural power over nations.

     The dynamic which lies behind this centralizing movement is our defective and dysfunctional system of banking (credit issue) and national cost accounting. As labour as a factor of production is rapidly being replaced by automation and artificial intelligence (i.e., technology) industry must by conventional costing methods create ultimate consumer prices at an increasingly expanding rate of flow relative to the rate at which it pays effective purchasing-power into the hands of consumers. Consumers are required ultimately to liquidate all costs of production via their purchases. Being unable to do so with their inadequate incomes, consumers are forced increasingly to rely upon credit created by banks as an ever expanding inflationary debt charged to future cycles of production. Governments attempt to mitigate this situation by themselves contracting cumulative loans from the banking system. Debt may allow immediate access to produced goods but it does not liquidate permanently the financial costs incurred in their production because, although having allowed the producer to recover his costs and repay his original production loan from his bank, their equivalent becomes a charge that is accounted against future economic activity. This is no liquidation at all. The crucial point to note here is that the actual physical costs of production are fully met at the moment any produced item is finished and ready for consumer purchase. As a society we are not permitted to access currently available product without first engaging in further production so as to earn the incomes required to purchase past production. These incomes will not be available to purchase current production of which they will, nevertheless, be accounted as a cost when these goods are completed. There is an intrinsic flaw in the price-system which distributes an increasingly insufficient flow of cost-liquidating consumer income.

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JUST WHAT DOES ‘TRADITIONAL’ LABOR BELIEVE ?

     I recently watched Mark Latham’s interview of Bernard Gaynor and his battles with the politically correct bureaucracy which is now before the Courts. (FOUND HERE: http://www.2gb.com/podcast/mark-latham-the-outsider-16/.(Bernard explained his SITUATION to us at the National 2014  Seminar)

     I see Mark describes himself as from the mould of traditional Labor within the political spectrum of a ‘Social Democrat’.  As Mark is being actively promoted by those who like to think of themselves as of ‘the conservative’ side of politics, I thought I should have a look at Mark’s background and try to determine just where he fits in to the political/media scheme of things.

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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