[GJM] Good progress/some breakthrough with DK -- action needed
robert searle
dharao4 at yahoo.co.uk
Mon Jan 21 12:39:43 MST 2008
Dear All,
On moral grounds I do believe that bankers should
not get fat on interest. But the chances of this
happening at record speed with the kind of problems
that are emerging in the world seems to me extremely
unlikely. This is the key point if we are genuinely
realistic, and sensible....
Even if there is a more enlightened government in
America it is going to be very difficult to fight the
money power. Social Credit in Canada tried to reform
it but ofcourse failed in the beginning of the 20th
century. Banks used the Courts to delay, and indeed,
stop any serious changes to their business.
What chance have we today unless there is a really
huge amount of public support. Some say the credit
crunch could be a factor leading to interest free
monetary reform. Is this likely...hardly. But, I hope
I am mistaken.
So,what is more important? Is it really wise with
global warming over the horizon to try to reform
banks, or is it more vital to get social, economic,
and political change underway even though it means the
rich getting richer, BUT the poor would also get
richer in Transfinancial Economics??
It is far more sensible to work with the bankers, and
corporations in such a way as to allow them to profit
but with projects that create greater sustainability
at all levels of life, and also bizarrely bring about
greater global justice!
If you do not understand the above it would be to read
my piece on TFE onsite.
R.Searle
--- Rodney Shakespeare
<rodney.shakespeare1 at btinternet.com> wrote:
> Dear Mukhtar,
> GJM is totally for ecosafety projects, small,
> medium and large, using interest-free loans (issued
> from the national banks). This halves, even
> quarters, the usual cost.
>
> Such issuance does not give any profit to
> conventional banks because they do not issue the
> loans (although they may administer them)
>
> GJM in no way supports conventional banks issuing
> interest-bearing money for such projects.
>
> Rodney
>
> ----- Original Message -----
> From: Dr.Muhammad Mukhtar Alam
> To: Discussion Forum for Global Justice
> Sent: Monday, January 21, 2008 3:06 PM
> Subject: Re: [GJM] Good progress/some breakthrough
> with DK -- action needed
>
>
> Dear Robert,
>
> GREETING FOR PEACE
>
> I THINK WE NEED TO REALLY DISCUSS WHAT EXPENSIVE
> PROJECT WOULD BE. INTERFAITH COMMONS INCLUDE
> PROHIBITION OF USURY. IAM QUITE OPPOSSED TO
> EXPENSIVE PROJECTS FOR ECOSAFETY.. THAT IS GIVING
> BANKS MORE OPPORTUNITIES FOR CREATING MONEY OUT OF
> THIN AIR..
>
> robert searle <dharao4 at yahoo.co.uk> wrote:
> Dear Muhammad Mukhar Alam,et al,
>
> Ofcourse interest free loans would certainly
> be very helpful for environmental progress.. But
> the
> most important, and most expensive eco-projects
> would
> ideally require the authorized transmission of
> new
> non-repayable capital (ie the Transfinancial
> Paradigm)in instalments, and be carefully
> monitored by
> the relevant authorities to avoid fraud.
>
> Using earned money would be extremely difficult
> to
> raise if not impossible in many cases but until
> there
> is a paradigm shift(ie.TFE) in the understanding
> of
> capital then there is a REAL DANGER of the human
> race
> being largely if not wholly wiped out.....!!! IT
> IS
> AS SIMPLE AS THAT! TFE is at the BASIS of
> everything.
>
> Binary Economics, or BE is only part of the
> monetary
> jigsaw. Transfinancial Economics fills in all
> the
> other pieces. BE is not the BE all, and end of
> genuine
> reform of capital no matter what anyone else may
> say..
>
> Regards,
>
> Robert Searle
>
>
>
> --- "Dr.Muhammad Mukhtar Alam"
> wrote:
>
> > 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
> > 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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