[ccmj] Fw: Priest, Ryan, Legum, Everingham, Gelles and Daastoel On Closing the "gap" between "prices" and "purchasing power."
wesburt@juno.com
wesburt@juno.com
Sat Dec 25 21:48:08 2004
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Dear Elaine Cassel,
I enjoyed your post "ARTICLES I DIDN'T WRITE"
which was forwarded to list "A renewed Mai-Not"
on this Christmas day by MichaelP,
papadop@peak.org.
Since your message was forwarded to Mai-Not
you may not have seen the four messages
preceding, and the three messages following,
the message below which was rejected by the
moderator of Mai-Not with no reason given.
I will be in your debt forever is you can tell me why
the subject post was rejected by Mai-Not, and,
evoked absolutely no comment whatsoever from
the seven mail lists which did return my subscriber's
copy. The subject post has still not yet been
distributed by list Mai-Not.
Is it possible that I get a copy, but that my posts
are not sent to the subscribers to the seven lists?
Or, is a practical method of reducing the "gap"
between "prices" and "purchasing power" for a nation's parenting
households of no interest to
folks on the Internet and in the media?
Merry Christmas,
Wes Burt
----- Forwarded Message -----
From: wesburt@juno.com
To: Discussion@globaljusticemovement.net,
mai-not@globalproblematique.net,
prompt@copsewood.net
Cc: Wesburt@juno.com
Date: Sat, 18 Dec 2004 19:00:07 -0500
Subject: Priest, Ryan, Legum, Everingham, Gelles and Daastoel On Closing
the "gap" between "prices" and "purchasing power."
MIME-Version: 1.0
Content-Type: multipart/alternative; boundary=--__JNP_000_5c51.683d.41fa
Happy holidays everyone,
Please find below brief excerpts from recent posts on closing the "gap"
between "prices" and "purchasing power" by six "true believers" in
Samuelson's Final Law:
"There are no rules concerning the proper
role of government that can be established
by a priori reasoning."
(Page 1423, Vol. II, The collected Scientific Papers Of Paul A.
Samuelson)
The recent dust up about a paper on free trade and comparative advantage
by Paul A. Samuelson, now in his eighty ninth year, in the Journal of
Economic Perspectives (JEP) called to mind a story that made the rounds
in Boston when I was taking my one and only course in economics. The
story goes, that after being denied tenure at Harvard, Mr. Samuelson
applied at MIT and was made an offer he could not refuse:
Join the faculty at the "trade school" and write the book
on neoclassical economics, or continue as you
are, an unemployed classical economist.
Neoclassical economics, as we all know, covers everything discovered by
Smith, Malthus, Ricardo, and Paine plus everything else discovered to
date. Only the proper functions of government were omitted.
The proper functions of government in a great nation, being so much like
the proper functions of management in a great corporation, as Adam Smith
observed in his "First Maxim of Taxation," could not be included in
neoclassical economics because by 1776, the proper functions of both
management and government, "like the secrets of the temple," had become
securely hidden as the proprietary secrets of the merchant class. God
help anyone who disclosed those secrets to the public. To prevent
disclosure of the secrets, no written constitution was allowed in
England. The agrarian colonies in North America did produce a written
constitution with a Bill of Rights. But those functions of government
which are essential to promoting the general welfare are missing from the
US Constitution, missing from the United Nations Charter, and apparently
beyond the vision of today's crop of constitution writers, monetary
reformers, and cranks on the Internet.
Samuelson made the right choice. It would have been a shame to allow a
mind like his to be unemployed. And he redeemed himself in each edition
of ECONOMICS since 1948 by regularly reminding his readers of the
carefully obfuscated technical requirements for achieving maximum
efficiency, full employment, and perfect competition in a free market.
He remained a classical economist at heart and an "Economic Hit Man" like
John Perkins in his day job.
To see those technical requirements spelled out in four letter
Anglo-Saxon words one must study Melchizedek in the commentary of the
late Chief Rabbi of the British Empire, Dr. J. H. Hertz, or a little
later, study Moses and the three tithes in the Book of Numbers, or after
that, study Plato and his REPUBLIC in the original Greek. Translations
of Plato by members of Oxford have the government raising the nation's
children, but we know better than that. In modern times, Thomas Paine,
Louis Blanc, Henry Carter Adams, Pope Leo X III, Bertrand Russell and
many other friends of humanity spelled out the "family wage" which uses a
disbursement from the public revenue to complement the market wages of a
parenting family. In this way the government would replenish the work
force by bringing new workers into production "debt free," and with
constant or "decreasing returns to scale," just as successful
corporations replenish their product lines by bringing new products into
production.
As you all must know by now, each of the six writers below is my academic
and intellectual superior by an order of magnitude. Each one of them
understands perfectly "The Optimum policy" (TOP) as illustrated on Dr. W.
Curtiss Priest's web site in the signature below and described since 1969
in my numerous posts. The subject is so simple, as John K. Galbraith
said of banks creating money, "that the mind is repelled."
Of the six excerpts below, the one by Bill Ryan and the one by Arno are
closest to my heart's desire. We should have started to share the
secrets of industrialization with all nations after Lincoln was shot, as
Bill proposes now in the second excerpt. And our present condition is
the result of a moral defect of omission, not some flaw in our monetary
system, as Arno says in the sixth excerpt.
If I may again lean on Samuelson for eloquence:
"If you don't remember anything of what I say, let this be the last thing
you forget:"
The only interest free, debt free, and dependable
source of a public revenue is a flat tax on all
income like the first and second Mosaic tithes.
As You may recall, the third tithe was to be consumed by the family at
the feasts and shared with the poor, a form of community building.
If I am lucky enough to live to 89, like Samuelson, I may have eight more
years to pound this message home and put the US taxpayer where Swiss
taxpayers were in the 1890s and where Euro taxpayers arrived in the
1970s. The US status quo cannot be sustained. Either George W. Bush
shows us the new paradigm or the Euros and the Asians will lead us into
the future. We are "free To Choose," whether to go hard or easy.
Kind regards,
Wes Burt
~~~~~~~~~~ Begin excerpt # 1 ~~~~~~~~~~~~
From: Curtiss Priest <bmslib@mit.edu>
To: cyber-soc@topica.com, "List,
Discussion Forum for Global Justice"
<Discussion@globaljusticemovement.net>,
"List, Debt" <Debt@topica.com>, "list,
Federal-Debts" <federal-debts@topica.com>
Cc: Robert Ashford <rhashford@aol.com>
Date: Wed, 08 Dec 2004 18:49:02 -0500
Subject: Re: Capitalism and cycles [was Binary Economics and Religion,
The Second PDF Fil
~~~~~ Snip to last paragraph ~~~~
What I see are two inovative ways by which workers
can continue to purchase, without incurring debt,
with ever increasing productivity.
In the Social Credit model, we would need to tax the
owners of capital, to give the dividend that enables
workers to buy all goods and services.
In the Binary Economic model, we would need to provide
AESOP-like (Kelso) means by which workers actually
own the capital of production, and so they automatically
are made richer by increased productivity, and so can
purchase all goods and services.
In contrast, we currently have a capitalistic yo-yo. Over time
consumers (and other sectors) gradually purchase on
borrowed funds. At some point in time, the Day of
Reckoning comes when debts are called, and an inward
spiral is created where there are massive layoffs and
the total inability for anyone to pay off any debts.
We call this a depression. And, indeed, banks stop
lending, capital formation declines, and a sizable
portion of the population become unemployed.
Then, slowly, or sometimes more quickly, everyone
settles, there are many losers, few benefactors, and
gradually the cycle begins again. And, within the
memories of those who went through a depression, there is the tendency to
seldom borrow beyond one's means, as the pain of the result of that is
burned into the minds of everyone who went through the depression.
~~~~~~~~~~~ Begin excerpt # 2 ~~~~~~~~~~~~
From: william_b_ryan@yahoo.com
To: socialcredit@elistas.com
Date: Mon, 13 Dec 2004 11:26:45 -0800 (PST)
Subject: [socialcredit] social credit in one nation
~~~~~ Snip to last paragraph ~~~~
The long-term solution is to implement Social Credit
(whatever the accounting adjustment is called)
throughout the world. Once the "gap" between
"prices" and "purchasing power" has been closed in
the economies of the world, the irrational
"imperative to export" will have been eliminated.
Trade between nations will more naturally emphasize
their respective comparative advantages.
~~~~~~~~~~~ Begin excerpt # 3 ~~~~~~~~~~~~
----- Forwarded Message -----
From: "SANE" <sane@sane.org.za>
To: "SANE Views List" <sane-views@sane.org.za>
Date: Tue, 14 Dec 2004 15:59:03 +0200
Subject: [SANE Views Vol.4, No.17] Closing the Rich/Poor Gap is a
Necessity not an Option
‘I boil water, and hope the children fall asleep before they know there
is no food in the water.’ Suppertime in the Transkei home of a
grandmother, whose pension supports a small tribe. When grandma dies God
help those children – and their ‘scrounging’ relatives if they continue
to collect that life-saving pension for a month or two. Meanwhile a R15
million house changes hands in Constantia or Sandton with the assistance
of tax lawyers skilled at minimizing tax.
~~~~~ Snip to last paragraph ~~~~
What can we do about it? We can examine every act of policy for its
effect on the distribution of income. Every time we subsidize something
that will further enrich the wealthy we should reject it in favour of one
that puts money into the hands of poor people and poor areas. That
objective immediately implies a list of policy priorities. Subsidies for
renewable energy research and employment, rather than for fossil fuels.
Progressive taxation. Above all, the most obvious solution. A Basic
Income Grant.
This article and all other issues of SANE Views is available from
http://www.sane.org.za/docs/views/index.htm
Web site: http://www.sane.org.za
~~~~~~~~~~~ Begin excerpt # 4 ~~~~~~~~~~~~
--------- Forwarded message ----------
From: Doug Everingham <dnevrghm@powerup.com.au>
To: ERANet@yahoogroups.com
Date: Thu, 16 Dec 2004 15:37:04 +1000
Subject: Re: [ERANet] Useable educational material
Relayed by Doug Everingham with **DE: comments inserted
I've extended the concept of the "money doggerel" summary in case someone
else wants that
approach. At the end I copy the original 'bank ballad'
as amended by Julian and an extended version that
takes in ideas from Alan Kerns.
~~~~~ Snip to last paragraph ~~~~
Mints coin some money,
but bank rules are funny --
they authorize credit at will:
with interest compounding
their profits abounding
exceed the cash left in their till.
Our governments have learned
when banks' fingers get burned
by recklessly funding the rich
it's the public who'll pay
in our capitalist way,
& our taxpayers land in the ditch.
An umbrella, they say,
on a bright sunny day
the banks offer farmers & shops.
Till a crisis arrives
such a borrower thrives,
but with cyclones the charity stops
If the battler dips out
thru a flood or a drought,
be assured, bank investors, you'll win
Banking's fire-sale skills
any court battle kills,
and a new mug will bid to begin.
So let's persuade folk
before we go broke
that we should learn of banking at school.
and that money's a need,
not for banksters and greed,
but a stable society's tool --
fairly gathered and stored,
to be used, not to hoard,
to give equity, not to expand;
renouncing the trend
to let it extend
like a weed overgrowing the land.
~~~~~~~~~~~ Begin excerpt # 5 ~~~~~~~~~~~~
From: John Gelles <indexed-savings@sbcglobal.net>
To: Discussion Forum for Global Justice
<Discussion@globaljusticemovement.net>
Cc: Cyberspace Society <cyber-soc@topica.com>
Date: Thu, 16 Dec 2004 03:02:38 -0800
Subject: Interest-Debt-or-Tax-Free Systems Not on the Radar
~~~~~ Snip to last paragraph ~~~~
The IF crowd will tell you to only pay back
principal. The DF crowd will tell you to only
pay the tax on your gift. The TF crowd will tell
you it's all yours for free and fun. The LETS
crowd will tell you, you only owe something
in return.
They will all tell you to buy their book and live
forever !
John Gelles
~~~~~~~~~~~~~~ Begin excerpt # 6 ~~~~~~~~~~~~
From: Arno Mong Daastoel <arno@daastol.com>
To: WorldCity@topica.com
Date: Thu, 16 Dec 2004 09:32:33 +0100
Subject: [WrldCty] Fw: A NEW ILLUSION: a question of culture
~~~~~ Snip to last paragraph ~~~~
Fourth, I see no sign of such change in policy. But slowly the US
economists are starting to get the right diagnosis, Then they may see the
medicine they
need to take.
Conclusion, the main defect in the US is cultural (the same goes for
Europe). This will take time to remedy.
In the meantime things don't look so good for the US (nor for Europe).
Arno
~~~~~~~~~~ End six excerpts ~~~~~~~~~~
The Optimum Policy (TOP) is shown at
<http://www.epie.org/cyber-soc/default.htm>
and discussed on list <TOP@topica.com>.
Please join in the discussion.
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<DIV>
<DIV>Dear Elaine Cassel,</DIV>
<DIV> </DIV>
<DIV>I enjoyed your post "ARTICLES I DIDN'T WRITE" </DIV>
<DIV>which was forwarded to list "A renewed Mai-Not" </DIV>
<DIV>on this Christmas day by MichaelP, </DIV>
<DIV><A href=3D"mailto:papadop@peak.org">papadop@peak.org</A>. </DIV>
<DIV> </DIV>
<DIV>Since your message was forwarded to Mai-Not </DIV>
<DIV>you may not have seen the four messages </DIV>
<DIV>preceding, and the three messages following, </DIV>
<DIV>the message below which was rejected by the </DIV>
<DIV>moderator of Mai-Not with no reason given.</DIV>
<DIV> </DIV>
<DIV>I will be in your debt forever is you can tell me why </DIV>
<DIV>the subject post was rejected by Mai-Not, and, </DIV>
<DIV>evoked absolutely no comment whatsoever from </DIV>
<DIV>the seven mail lists which did return my subscriber's </DIV>
<DIV>copy. The subject post has still not yet been </DIV>
<DIV>distributed by list Mai-Not.</DIV>
<DIV> </DIV>
<DIV>Is it possible that I get a copy, but that my posts </DIV>
<DIV>are not sent to the subscribers to the seven lists? </DIV>
<DIV>Or, is a practical method of reducing the "gap" </DIV>
<DIV>between "prices" and "purchasing power" for a nation's parenting =
households=20
of no interest to </DIV>
<DIV>folks on the Internet and in the media?</DIV>
<DIV> </DIV>
<DIV>Merry Christmas,</DIV>
<DIV> </DIV>
<DIV>Wes Burt</DIV>
<DIV> </DIV></DIV>
<DIV #cccccc\?>----- Forwarded Message -----</DIV>
<DIV><B>From:</B> <A href=3D"mailto:wesburt@juno.com">wesburt@juno.com</A><=
/DIV>
<DIV><B>To:</B> <A=20
href=3D"mailto:Discussion@globaljusticemovement.net">Discussion@=
globaljusticemovement.net</A>,=20
</DIV>
<DIV><A=20
href=3D"mailto:mai-not@globalproblematique.net,">mai-not@=
globalproblematique.net,</A></DIV>
<DIV>prompt@copsewood.net</DIV>
<DIV><B>Cc:</B> <A href=3D"mailto:Wesburt@juno.com">Wesburt@juno.com</A></=
DIV>
<DIV><B>Date:</B> Sat, 18 Dec 2004 19:00:07 -0500</DIV>
<DIV><B>Subject:</B> Priest, Ryan, Legum, Everingham, Gelles and Daastoel =
On=20
Closing the "gap" between "prices" and "purchasing power."</DIV>
<DIV><B>MIME-Version:</B> 1.0</DIV>
<DIV><B>Content-Type:</B> multipart/alternative;=20
boundary=3D--__JNP_000_5c51.683d.41fa</DIV>
<DIV> </DIV>
<DIV>
<P>Happy holidays everyone,</P>
<P>Please find below brief excerpts from recent posts on closing =
the=20
"gap" between "prices" and "purchasing power" by six "true believers"=
in=20
Samuelson's Final Law:</P>
<P> "There are no rules =
concerning the=20
proper</P>
<P> role of government that =
can=20
be established </P>
<P> by a priori reasoning."</P>
<P>(Page 1423, Vol. II, The collected Scientific Papers Of Paul A.=20
Samuelson)</P>
<P>The recent dust up about a paper on free trade and comparative advantage=
by=20
Paul A. Samuelson, now in his eighty ninth year, in the Journal of =
Economic=20
Perspectives (JEP) called to mind a story that made the rounds in Boston =
when I=20
was taking my one and only course in economics. The story goes, that =
after=20
being denied tenure at Harvard, Mr. Samuelson applied at MIT and was made =
an=20
offer he could not refuse:</P>
<P> Join the faculty at the "=
trade=20
school" and write the book on=20
neoclassical economics, or =20
=20
continue as you are, an =
unemployed=20
classical economist.</P>
<P>Neoclassical economics, as we all know, covers everything =
discovered by=20
Smith, Malthus, Ricardo, and Paine plus everything else discovered to=
=20
date. Only the proper functions of government were omitted. </P>
<P>The proper functions of government in a great nation, being so much=
like=20
the proper functions of management in a great corporation, as Adam Smith=20
observed in his "First Maxim of Taxation," could not be included in =
neoclassical=20
economics because by 1776, the proper functions of both management and=20
government, "like the secrets of the temple," had become securely =
hidden as=20
the proprietary secrets of the merchant class. God help anyone =
who=20
disclosed those secrets to the public. To prevent disclosure of the=20
secrets, no written constitution was allowed in England. The agrarian=
=20
colonies in North America did produce a written constitution with a Bill of=
=20
Rights. But those functions of government which are essential to=
=20
promoting the general welfare are missing from the US Constitution, missing=
from=20
the United Nations Charter, and apparently beyond the vision of today's =
crop of=20
constitution writers, monetary reformers, and cranks on the=20
Internet. </P>
<P>Samuelson made the right choice. It would have been a shame to=20
allow a mind like his to be unemployed. And he redeemed himself =
in=20
each edition of ECONOMICS since 1948 by regularly reminding his readers of =
the=20
carefully obfuscated technical requirements for achieving maximum =
efficiency,=20
full employment, and perfect competition in a free market. =
He=20
remained a classical economist at heart and an "Economic Hit Man" like John=
=20
Perkins in his day job. </P>
<P>To see those technical requirements spelled out in four letter Anglo-=
Saxon=20
words one must study Melchizedek in the commentary of the late Chief Rabbi =
of=20
the British Empire, Dr. J. H. Hertz, or a little later, study Moses and the=
=20
three tithes in the Book of Numbers, or after that, study Plato and his =
REPUBLIC=20
in the original Greek. Translations of Plato by members of Oxford =
have the=20
government raising the nation's children, but we know better than that.&=
nbsp; In=20
modern times, Thomas Paine, Louis Blanc, Henry Carter Adams, Pope=20
Leo X III, Bertrand Russell and many other friends of humanity =
spelled=20
out the "family wage" which uses a disbursement from the public revenue to=
=20
complement the market wages of a parenting family. In this way the=20
government would replenish the work force by bringing new workers=
into=20
production "debt free," and with constant or "decreasing returns to scale,"=
just=20
as successful corporations replenish their product lines by bringing new=20
products into production.</P>
<P>As you all must know by now, each of the six writers below is my =
academic and=20
intellectual superior by an order of magnitude. Each one of them=20
understands perfectly "The Optimum policy" (TOP) as illustrated on Dr. W.=20
Curtiss Priest's web site in the signature below and described since=20
1969 in my numerous posts. The subject is so simple, as John K.=
=20
Galbraith said of banks creating money, "that the mind is repelled."</P>
<P>Of the six excerpts below, the one by Bill Ryan and the one by Arno=
are=20
closest to my heart's desire. We should have started to share the =
secrets=20
of industrialization with all nations after Lincoln was shot, as Bill =
proposes=20
now in the second excerpt. And our present condition is the result of=
a=20
moral defect of omission, not some flaw in our monetary system, as Arno =
says in=20
the sixth excerpt.</P>
<P>If I may again lean on Samuelson for eloquence:</P>
<P>"If you don't remember anything of what I say, let this be the last =
thing you=20
forget:"</P>
<P> The only interest free, debt =
free,=20
and dependable</P>
<P> source of a public revenue&=
nbsp;is=20
a flat tax on all </P>
<P> income like the first =
and=20
second Mosaic tithes.</P>
<P>As You may recall, the third tithe was to be consumed by the family at =
the=20
feasts and shared with the poor, a form of community building.</P>
<P>If I am lucky enough to live to 89, like Samuelson, I may have =
eight=20
more years to pound this message home and put the US taxpayer where =
Swiss=20
taxpayers were in the 1890s and where Euro taxpayers arrived in the=20
1970s. The US status quo cannot be sustained. Either George W. =
Bush=20
shows us the new paradigm or the Euros and the Asians will lead us into the=
=20
future. We are "free To Choose," whether to go hard or easy.</P>
<P>Kind regards,</P>
<P>Wes Burt</P>
<P>~~~~~~~~~~ Begin excerpt # 1 ~~~~~~~~~~~~</P>
<P>From: Curtiss Priest <bmslib@mit.edu></P>
<P>To: cyber-soc@topica.com, "List,</P>
<P>Discussion Forum for Global Justice"=20
<Discussion@globaljusticemovement.net>,</P>
<P>"List, Debt" <Debt@topica.com>, "list,</P>
<P>Federal-Debts" <federal-debts@topica.com></P>
<P>Cc: Robert Ashford <rhashford@aol.com></P>
<P>Date: Wed, 08 Dec 2004 18:49:02 -0500</P>
<P>Subject: Re: Capitalism and cycles [was Binary Economics and Religion, =
The=20
Second PDF Fil</P>
<P>~~~~~ Snip to last paragraph ~~~~</P>
<P>What I see are two inovative ways by which workers<BR>can continue to=20
purchase, without incurring debt,<BR>with ever increasing=20
productivity.<BR> <BR>In the Social Credit model, we would need to tax=
=20
the<BR>owners of capital, to give the dividend that enables<BR>workers to =
buy=20
all goods and services.<BR> <BR>In the Binary Economic model, we would=
need=20
to provide<BR>AESOP-like (Kelso) means by which workers actually<BR>own the=
=20
capital of production, and so they automatically<BR>are made richer by =
increased=20
productivity, and so can<BR>purchase all goods and services.<BR> <BR>=
In=20
contrast, we currently have a capitalistic yo-yo. Over time<BR>=
consumers=20
(and other sectors) gradually purchase on<BR>borrowed funds. At some =
point=20
in time, the Day of<BR>Reckoning comes when debts are called, and an=20
inward<BR>spiral is created where there are massive layoffs and<BR>the =
total=20
inability for anyone to pay off any debts.<BR> <BR>We call this a=20
depression. And, indeed, banks stop<BR>lending, capital formation=20
declines, and a sizable<BR>portion of the population become=20
unemployed.<BR> <BR>Then, slowly, or sometimes more quickly,=20
everyone<BR>settles, there are many losers, few benefactors, and<BR>=
gradually=20
the cycle begins again. And, within the<BR>memories of those who went=
=20
through a depression, there is the tendency to seldom borrow beyond =
one's=20
means, as the pain of the result of that is burned into the minds of =
everyone=20
who went through the depression.<BR> </P>
<P>~~~~~~~~~~~ Begin excerpt # 2 ~~~~~~~~~~~~</P>
<P>From: <A=20
href=3D"mailto:william_b_ryan@yahoo.com">william_b_ryan@yahoo.com</A></P>
<P>To: socialcredit@elistas.com</P>
<P>Date: Mon, 13 Dec 2004 11:26:45 -0800 (PST)</P>
<P>Subject: [socialcredit] social credit in one nation</P>
<DIV>~~~~~ Snip to last paragraph ~~~~</DIV>
<DIV> </DIV>
<DIV>The long-term solution is to implement Social Credit <BR>(whatever the=
=20
accounting adjustment is called) <BR>throughout the world. Once the "=
gap"=20
between <BR>"prices" and "purchasing power" has been closed in <BR>the =
economies=20
of the world, the irrational <BR>"imperative to export" will have been=20
eliminated. <BR>Trade between nations will more naturally emphasize=20
<BR>their respective comparative advantages.</DIV>
<DIV> </DIV>
<DIV>~~~~~~~~~~~ Begin excerpt # 3 ~~~~~~~~~~~~</DIV></DIV>
<DIV #cccccc\?>----- Forwarded Message -----</DIV>
<DIV><B>From:</B> "SANE" <<A=20
href=3D"mailto:sane@sane.org.za">sane@sane.org.za</A>></DIV>
<DIV><B>To:</B> "SANE Views List" <<A=20
href=3D"mailto:sane-views@sane.org.za">sane-views@sane.org.za</A>></DIV>
<DIV><B>Date:</B> Tue, 14 Dec 2004 15:59:03 +0200</DIV>
<DIV><B>Subject:</B> [SANE Views Vol.4, No.17] Closing the Rich/Poor Gap is=
a=20
Necessity not an Option</DIV>
<DIV> </DIV>
<DIV><FONT size=3D2><SPAN lang=3DEN-US><o:p>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN lang=3DEN-US><o:p>=
<FONT=20
face=3DArial> </FONT></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN lang=3DEN-US><o:p>=
<FONT=20
face=3DArial></FONT></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><FONT face=3DArial><SPAN=
=20
lang=3DEN-US>‘I boil water, and hope the children fall asleep before =
they know=20
there is no food in the water.’<SPAN style=3D"mso-spacerun: yes">&=
nbsp;=20
</SPAN>Suppertime in the </SPAN><st1:country-region><st1:place><SPAN=20
lang=3DEN-US>Transkei</SPAN></st1:place></st1:country-region><SPAN lang=3D=
EN-US>=20
home of a grandmother, whose pension supports a small tribe. When grandma =
dies=20
God help those children – and their ‘scrounging’ =
relatives if they continue to=20
collect that life-saving pension for a month or two. Meanwhile a R15 =
million=20
house changes hands in Constantia or Sandton with the assistance of tax =
lawyers=20
skilled at minimizing tax.</SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><FONT face=3DArial><SPAN=
=20
lang=3DEN-US></SPAN></FONT> </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><FONT face=3DArial><SPAN=
=20
lang=3DEN-US>~~~~~ Snip to last paragraph ~~~~</SPAN></FONT></P></o:p></=
SPAN>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN=20
lang=3DEN-US><o:p></o:p></SPAN> </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN lang=3DEN-US>What =
can we do=20
about it?<SPAN style=3D"mso-spacerun: yes"> </SPAN>We can examine =
every act=20
of policy for its effect on the distribution of income. Every time we =
subsidize=20
something that will further enrich the wealthy we should reject it in =
favour of=20
one that puts money into the hands of poor people and poor areas. That =
objective=20
immediately implies a list of policy priorities. Subsidies for renewable =
energy=20
research and employment, rather than for fossil fuels. Progressive taxation=
.=20
Above all, the most obvious solution. A Basic Income Grant.</SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN=20
lang=3DEN-US></SPAN> </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN lang=3DEN-US>This =
article and=20
all other issues of SANE Views is available from <A=20
href=3D"http://www.sane.org.za/docs/views/index.htm">http://www.sane.org.za=
/docs/views/index.htm</A></SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN lang=3DEN-US>Web =
site: <A=20
href=3D"http://www.sane.org.za">http://www.sane.org.za</A></SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><SPAN=20
lang=3DEN-US></SPAN> </P><SPAN lang=3DEN-US>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">~~~~~~~~~~~ Begin =
excerpt=20
# 4 ~~~~~~~~~~~~</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><BR>--------- Forwarded =
message=20
----------<BR>From: Doug Everingham <<A=20
href=3D"mailto:dnevrghm@powerup.com.au">dnevrghm@powerup.com.au</A>><BR>=
To: <A=20
href=3D"mailto:ERANet@yahoogroups.com">ERANet@yahoogroups.com</A><BR>Date: =
Thu, 16=20
Dec 2004 15:37:04 +1000<BR>Subject: Re: [ERANet] Useable educational=20
material<BR><BR>Relayed by Doug Everingham with **DE: comments=
=20
inserted<BR>I've extended the concept of the "money doggerel" summary in =
case=20
someone else wants that </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">approach. At the =
end I copy=20
the original 'bank ballad' </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">as amended by Julian and=
an=20
extended version that </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">takes in ideas from Alan=
=20
Kerns.</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><BR>~~~~~ Snip to last =
paragraph=20
~~~~<BR></P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"> </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">Mints coin some money,<=
BR>but=20
bank rules are funny --<BR>they authorize credit at will:<BR>with interest=
=20
compounding<BR>their profits abounding<BR>exceed the cash left in their=20
till.<BR>Our governments have learned<BR>when banks' fingers get burned<BR>=
by=20
recklessly funding the rich<BR>it's the public who'll pay<BR>in our =
capitalist=20
way,<BR>& our taxpayers land in the ditch.</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">An umbrella, they say,<=
BR>on a=20
bright sunny day<BR>the banks offer farmers & shops.<BR>Till a crisis=20
arrives<BR>such a borrower thrives,<BR>but with cyclones the charity stops<=
BR>If=20
the battler dips out<BR>thru a flood or a drought,<BR>be assured, bank=20
investors, you'll win<BR>Banking's fire-sale skills<BR>any court battle=20
kills,<BR>and a new mug will bid to begin.</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">So let's persuade folk<=
BR>before=20
we go broke<BR>that we should learn of banking at school.<BR>and that money=
's a=20
need,<BR>not for banksters and greed,<BR>but a stable society's tool=20
--<BR>fairly gathered and stored,<BR>to be used, not to hoard,<BR>to give=20
equity, not to expand;<BR>renouncing the trend<BR>to let it extend<BR>like =
a=20
weed overgrowing the land.</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"> </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">~~~~~~~~~~~ Begin =
excerpt=20
# 5 ~~~~~~~~~~~~</P>
<P>From: John Gelles <indexed-savings@sbcglobal.net></P>
<P>To: Discussion Forum for Global Justice=20
<Discussion@globaljusticemovement.net></P>
<P>Cc: Cyberspace Society <cyber-soc@topica.com></P>
<P>Date: Thu, 16 Dec 2004 03:02:38 -0800</P>
<P>Subject: Interest-Debt-or-Tax-Free Systems Not on the Radar</P>
<P>~~~~~ Snip to last paragraph ~~~~</P>
<P class=3DMsoNormal=20
style=3D"MARGIN: 0cm 0cm 0pt"> =
The IF=20
crowd will tell you to only pay back=20
<BR> principal. The DF crowd will=
tell=20
you to only <BR> pay the tax on =
your=20
gift. The TF crowd will tell <BR> =
you=20
it's all yours for free and fun. The LETS=20
<BR> crowd will tell you, you =
only owe=20
something <BR> in return.=20
<BR> <BR> They will all tell=
you=20
to buy their book and live <BR> =20
forever !<BR> <BR>John Gelles</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"> </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">~~~~~~~~~~~~~~ Begin =
excerpt=20
# 6 ~~~~~~~~~~~~</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"> </P>
<P>From: Arno Mong Daastoel <arno@daastol.com></P>
<P>To: WorldCity@topica.com</P>
<P>Date: Thu, 16 Dec 2004 09:32:33 +0100</P>
<P>Subject: [WrldCty] Fw: A NEW ILLUSION: a question of culture</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt">~~~~~ Snip to last =
paragraph=20
~~~~</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><BR>Fourth, I see no =
sign of such=20
change in policy. But slowly the US economists are starting to get the =
right=20
diagnosis, Then they may see the medicine they <BR>need to=20
take.<BR> <BR>Conclusion, the main defect in the US is cultural (the =
same=20
goes for Europe). This will take time to remedy.<BR>In the meantime =
things=20
don't look so good for the US (nor for Europe).<BR> <BR>Arno </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"> </P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"> ~~~~~~~~~~ End&=
nbsp;six=20
excerpts ~~~~~~~~~~</P>
<P class=3DMsoNormal style=3D"MARGIN: 0cm 0cm 0pt"><BR> &=
nbsp; The=20
Optimum Policy (TOP) is shown at<BR><<A=20
href=3D"http://www.epie.org/cyber-soc/default.htm">http://www.epie.org/=
cyber-soc/default.htm</A>><BR> =20
and discussed on list <<A=20
href=3D"mailto:TOP@topica.com">TOP@topica.com</A>>.<BR>  =
; =20
Please join in the discussion.<BR></P></SPAN></FONT></DIV></BODY></HTML>
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