I'm astonished by this reply, Michael. The reflux from the "credits" are applied to debt thereby reducing the debt. Unlike orthodox finance, the credits do not increase debt but reduce it. The "scope of government" is quite another matter. To a great extent government has had to grow to fill the gap caused by deficiencies in the financial system. Without social credit, the debt and scope of government can only grow exponentially in respect to the non-government sector to the point where the non- government sector vanishes. Finance and government merge into a centralized system without check or balance. Concepts like individual initiative, private ownership and free markets become meaningless.
----original message---- Thank you for your response and your kind words. I would think that $5,000 is a bit much at this point, given the large US debt and the involvement of the bank and credit system in its care and feeding. When FDR could have put forward a credit, the debt was relatively low and the government small. This is no longer the case. Until the debt is paid off and the scope of government reduced, I cannot see paying a credit of that (or any other) size. Michael Bindner ____________________________________________________________ Get advanced SPAM filtering on Webmail or POP Mail ... Get Lycos Mail! http://login.mail.lycos.com/r/referral?aid=27005 --^---------------------------------------------------------------- This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html --^----------------------------------------------------------------
