[GJM] Good progress/some breakthrough with DK -- action needed
Rodney Shakespeare
rodney.shakespeare1 at btinternet.com
Mon Jan 21 07:35:27 MST 2008
Well done, Mukhtar!
Bit by bit we are getting the key idea out into the open..
Furthermore, people are saying that there is no solution to the present crisis (other than colossal bankruptcies and the nasty consequences, of course) but there is a solution and we've got it.
We should now openly say that we are the only people with the overall soultion (although it is only a gradual long-term one: there are no quick fixes possible in the situation).
Rodney
----- Original Message -----
From: Dr.Muhammad Mukhtar Alam
To: Discussion Forum for Global Justice
Cc: Ashok Bharti
Sent: Monday, January 21, 2008 2:26 PM
Subject: Re: [GJM] Good progress/some breakthrough with DK -- action needed
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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