Bill, I don't think Joe was advocating the abolishment of credit .....
Sorry, that should of course have said "interest"....
I'm absolutely sure nobody interested in Social Credit would want to abolish credit. <grin>
Ekky 
 
----- Original Message -----
From: <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, June 23, 2003 8:32 AM
Subject: RE: [SOCIAL CREDIT] A MATTER OF INTEREST

> [Joe]  We need to be very certain when we deal with
> this issue that we do not inadvertently introduce
> something into Social Credit that leads back to the
> 'centralisation' we are trying to get away from.
> ----------
>
> [Bill]  What would that be?
>
> Sketch for me, please,  how you believe the 'new
> credits' will be administered in relation to your
> understanding of Douglas.
>
> Joe
> --------------------
>
> [06-23] The question was to you, Joe.  What is it
> that could be "inadvertently" introduced?
> --
>
>
> [Bill]  And Douglas listed several corrective
> measures in his Interim Report.  Not one of them was
> the abolishment of interest.
> The Depression was the direct result of credit
> contraction making it impossible for business to
> continue.  It became impossible to fulfill previous
> commitments of all types.  It became impossible to
> continue.
> --
> Yes, I'm aware of that.  The "Interim Report" was
> likely a clever piece of political manipulating by the
> UFA government to deflate the rise of 'social credit'
> --------------------
>
> [06-23] It was written by Douglas and reprinted in his
> book *The Alberta Experiment*.  So what are you
> saying, Douglas was part of the conspiracy?
> --
>
>
> [Bill]  Interest was not the cause of the Great
> Depression.
> --
> It is interesting to note, from "The Big Idea",
> page 33, the description of the ''Reduction and
> Settlement of Debt Act" passed by the Alberta
> Legislature,
> --------------------
>
> [06-23] Which says nothing about the abolishment of
> interest.
>
>
>
>
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