[GJM] Good progress/some breakthrough with DK -- action needed

[Dr.Muhammad Mukhtar Alam]

Dear Rodney,
   
  I should have sent you last year Dalit Declaration where reference to interest free money was made several time. The declaration was submitted by NACDOR to the Prime Minister Manmohan. I do beleive that creation of interest free laons is the best way to get rid of ecologically hostile development processes .
   
  Dr.Muhammad Mukhtar Alam

Rodney Shakespeare <rodney.shakespeare1 at btinternet.com> wrote:
            Dear All,
   
  Apparently we can expect that the Dennis Kucinich (at some stage later on) will be saying that the US Treasury can create its own debt -- i.e., interest-free loans.
   
  But unless the interest-free loan mechanism is used for ALL sectors to develop and spread productive capacity (DK may confine the proposal just  to public capital projects)  a huge opportunity will be being missed.
   
  We will  know more in a week or two.
   
  It is now up to GJM members to openly fight for interest-free loans.  NB.  The situation is perfect for progress -- a collapse of some sort is coming and only extensive use of itnerest-free loans provides a way forward in future which will not be liable to the financial cycles etc.
   
  Rodney Shakespeare

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