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A STRATEGY FOR VICTORY
by Kieron McFadden
Prosperity, February 2000
Let's briefly take a look at the battlefield and the enemy from a
new perspective. The world banking fraternity, operating through
our banking system, has a mandate from the government to create
the nations money supply and issue it as debt. Those loans are
not pre-existing money but money created by them out of nothing,
money which did not exist until the moment it was loaned.
Granting privately-owned institutions the right to create our
money as they see fit and lend it upon the security of taxation,
homes and businesses, delivers enormous power into the hands of
a very few men. It is easy to see that he who controls a nations
money supply controls that nation. One could say that money does
not exist unless bankers give permission for it to exist.
They decide whether money will be plentiful or scarce and
thereby whether the economy will boom, slump or crash.
The last few hundred years of history are replete with
examples of the power of the "banksters" to determine the
fortunes of any nation through this mechanism.
When one controls the money supply in this way it is easy to
bypass democracy and the aspirations of entire peoples in order
to influence events in the direction one desires through ones
lending policies: making money plentiful for those one favours
and unavailable to those one does not favour. Governments,
burdened by unrepayable national debt and reliant
on loans merely to keep up the interest payments on those debts
are under slavish obligation to their creditors. The withholding
of credit or the calling in of loans is a scenario too gruesome
to contemplate when almost your entire money supply exists as
debt and merely trying to slow down the rate of borrowing
plunges the country into recession. Thus when "banksters"
instruct the British government to sell its nations gold
reserves at knock down prices to the US Federal Reserve, and
then use the dollars created out of thin air they receive to
"invest in the Euro", the government does as it is told.
With many media and publishing empires hopelessly mortgaged to
the banks its no surprise that the issue of money creation is
never discussed. Yet when the banking fraternity decides it
wants Britain in the single currency, the media can be mobilised
to disseminate "newspeak" tirelessly to that end. And if
it ever fails in the face of the publics instinctive mistrust of
the press, interest rates can always be used to tip the economy
into another recession so as to confuse and demoralise us a
little more.
Our fight is not to "keep the pound" in the sense that we
cannot keep something that we do not yet own! Anything that is
borrowed is in ones possession but temporarily and by permission
of the lender who still has the ultimate claim of ownership upon
it. Neither should we be duped into believing that the pound is
merely a "symbol" of our sovereignty. The significance of our
currency is far more than symbolic. It is an essential
ingredient of our sovereignty.
In the EU controversy the vital point that our freedom has
already been taken from us is obscured, which in turn obscures
the real objective of the foe, which is not to remove our
freedom but to simply remove it further and to take from us any
hope of ever getting it back! We are not therefore fighting to
avoid loss of freedom, we are fighting to achieve freedom!
To do so we must address those factors which caused
freedom to be lost to us in the first place the assumption by
international financiers of the right to create and lend
virtually our entire money supply.
The solution is to restore to our elected government the right
to create and spend into existence our
currency.
Currently there are powerful influences on elected
government forcing it to work with an inherently unworkable
economic system, flawed at its foundation and hindering its
ability to act freely in accordance with its mandate and in the
best interest of its people.
EMU is the strategy of consolidation by those money
powers: having all peoples of Europe subject to one
currency whose supply is controlled through a central bank in
Germany. If this happened the power of the banking system would
become so pervasive and so unassailable it would be hard to
break free. When we investigate this matter of money supply, we
suddenly find we know a great deal about the enemy far more than
he would like us to know. We discover for instance that he is
extremely vulnerable, now, like never before in history. The
system is based on a carefully masked fraud -- the fact that
the money the banks lend is created out of nothing.
This is a deceit of shocking magnitude, of which the vast
majority of people are still unaware. The one thing the
banksters fear is broad public exposure of that fraud. The
Internet and issues such as the euro and "dollarisation" make
that more likely than ever before. To establish true
sovereignty in which the people through their elected government
are factual master of their own destiny, it is merely necessary
to restore to government through a democractically accountable
authority the right to create and issue the nations currency.
For politicians to tout EMU as a solution to our economic
problems, when those problems spring from bank created money, is
not an answer at all -- and if the people come to
understand the workings of the money system, they will see it
that way too. When the fraud withers and dies in the harsh glare
of public scrutiny, so does the EMU.
Monetary reform is easier to do than to say! Governments,
however, will not take that action because there is no demand
for it from the electorate, without grass-roots demand,
reform simply will not happen. And the "banksters" will
continue to hold all the aces and will win.
People know something is wrong about all this. We now have the
means to tell them exactly what that wrongness is and how to put
it right and turn that reticence into positive opposition.
When people understand the money scam there will be a
ground swell of demand for reform. It is hiking up our tax and
mortgages, drastically suppressing our standard of living and
the quality of our lives, providing degraded food that is
damaging our health, destroying our businesses, causing our
public services to wither on the vine, creating the endless
instability of booms and depressions and fluctuating interest
rates and driving us inexorably into debt slavery. Does anyone
think we are going to tolerate that when the electorate discover
there is an alternative?
The monetary illiteracy of the electorate is our "money
masters" only protection. Their greatest fear is exposure of the
truth. The truth about our monetary system makes the case
against EMU and for monetary reform unarguable.
This enables us to devise a powerful, highly workable
strategy to achieve our aims -- to educate the electorate, and
advocate the opportunities presented by democratic reform of our
money system.
Kieron McFadden writes from the
British Association for Monetary Reform
27 Imberhorne Lane
East Grinstead
West Sussex, RH19 1QX
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Their booklet Monetary Reform Not Monetary Union
is available for £3.50 inc.p+p to BAMR. |
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www.users.globalnet.co.uk/~bamr1
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Please print out, photocopy and distribute these articles. Also copy and paste them to emails, and circulate widely, and please include all the essential contact information below. Thank you.
Essential Further Reading:
PROSPERITY: Freedom from Debt Slavery
is a 4-page quarterly Journal which campaigns for publicly-created debt-free money. PROSPERITY is edited and published by Alistair McConnachie and a 4-issue subscription is available for £10 payable to PROSPERITY at 268 Bath Street, Glasgow, Scotland, UK, G2 4JR. Tel: 0141 332 2214; Fax: 0141 353 6900, Email: contactus AT ProsperityUK DOT com
http://www.ProsperityUK.com All back-issues are still available. The 40-page Report, Clarifying our Money Reform Proposals, launched at the 2006 Bromsgrove Conference, is available for £10 payable to PROSPERITY and is essential reading for beginners.
The Grip of Death: A study of modern money, debt slavery and destructive economics by Michael Rowbotham, [Jon Carpenter Publishing, 1998] and Goodbye America! Globalisation, debt and the dollar empire by Michael Rowbotham, [Jon Carpenter Publishing, 2000] and Creating New Money: A monetary reform for the information age by Joseph Huber and James Robertson [New Economics Foundation, 2000] are all available from PROSPERITY.
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