Hi folks, In the forwarded message below, Bill Ryan chides Michael Bindner for his opinion that the benefits of a social dividend must be deferred "until the debt is paid off and the scope of government reduced." This exchange reminds me of "The Screwtape Letters," 1943, by C. S. Lewis, Professor of Medieval and Renaissance Literature at Cambridge University, in which the Senior Devil "Screwtape" chides his nephew "Wormwood" about the hazards of being too specific when teaching human beings what they should never think about. In this age of reason, only one thing remains that the congregations of our Judaic, Christian, Islamic, and Protestant tradition are forbidden to think about: namely, the "geometric relationship" between the fixed costs of acquiring a productive asset, the fixed cost of sustaining the asset when in production, and the variable costs of production over the useful life of that productive asset. Unfortunately, that "geometric relationship" occurs twice in every human enterprise, first in the capital asset at 90 degrees and again in the human asset at 270 degrees in the macro model, Fig4-3.gif But the "geometric relationship" remains invisible until we view it in the micro model, FIG7-9D.GIF and Fig8.1.gif
But again, I must agree with Bill that Michael is mistaken,
and particularly with Bill's view that "without social credit,
the debt and scope of government can only grow." It will
appear to grow exponentially if plotted on a linear/linear
scale, as shown in FIG10B.GIF Or, it will appear to grow
linearly when plotted on a log/linear scale, as shown by
Fig10d.gif, on the URL below. And what is the CPI, plotted
on those two charts, but the ratio; of [money (M1) ($/year)
disbursed by the capital plant to the congregations of
employees], to, [the Gross Domestic Product (M1) ($/year)
delivered to the congregations of employees for
consumption or accumulation during the same period of time.]
What other explanation can be given for the "natural inflation
rate" of 2.3%/year but this: Douglas' flow "A" of money (M1)
($/year) is increasing faster than the counter flow "A" of goods
and services ($/year) by 2.3%/year. The government's three
20th century monetary interventions in the economy are clearly
illustrated on Fig10d.gif and on Fig2-3b.gif on the URL below.
The first installment of "Social Credit" in the US was the
universal public school system, which the US established
in the 19th century and developed to its present stature.
In that agrarian society, the first installment of "Social
Credit" was funded by local property taxes which were
a direct 10% tax on annual income from a family farm.
Using the US economy data in my post of 08-27-03, with
sixth grade arithmetic, the annual cost of twelve years
of public education and other lessor installments of
social credit, at today's prices, is roughly as follows:
First installment of Social Credit in the 1800s,
1 to 12 public education. Cost = 285 X 12/77 X $6,500/year
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ = $288.7 Billion/year
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ = 2.9% of GDP
Second installment of Social Credit in 1913,
income tax exemptions per dependent,
~~~~~~~~~~~~~~~ Cost = 285 X $2,000/year X 15%
~~~~~~~~~~~~~~~~~~~ = $85.5 Billion/year
~~~~~~~~~~~~~~~~~~~ = 0.86% of GDP
Recently added child tax credit.
~~~~~~~~~~~~~~~ Cost = 285 X 17/77 X $1,000/year
~~~~~~~~~~~~~~~~~~~ = $62.9 Billion/year
~~~~~~~~~~~~~~~~~~~ = 0.63% of GDP
-------------------------------------------------------------------------
----
Total US Social Credit to date. = 4.39% of GDP, or not
quite half of the first Tithe listed in Figure 7 of
FIG7-9D.GIF and in the subject index of the Scofield
Reference Bible and The Pentateuch and Haftorahs,
as follows:
"Scofield Reference Bible" The Pentateuch and Haftorahs"
Edited by C. I. Scofield, D.D. Edited by Dr. J. H. Hertz, C.H.
~~~~~~~~~~~~~~~~~~~~~~~~ Late Chief Rabbi of The British
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Empire ~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~ TITHES ~~~~~~~~~~~~~~~~~~~~~
Item Date Page #
Item
~~~~~~~~~~~~~~ ~~~~~~ ~~~~~ ~~~~
PAID BY ABRAHAM TO
MELCHIZEDEK
Gen. 14. 20; B.C. 1913 ?
Heb. 7. 6 A.D. 64 ?
DUE TO GOD:
Gen. 28. 22; B..C. 1760 ?
Num. 18. 26; B. C. 1471 638 (Num. XVI-XVIII)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
DUE TO THE LEVITES:
Num. 18. 21; B. C. 1471 647 f (Num. XVIII,
21-24)
2 Chr. 31. 5; B. C. 624 ?
Neh.10. 37; B. C. 445 ?
Heb. 7. 5 A. D. 64 ?
~~~~~~~~~ ? ~~~~~~~~~~~~~~~~~~ 719 (Num. XXXV)
FOR THE FEASTS AND THE POOR 810 f (Deut. XIV, 22-27)
Deut. 14. 23, 28 B. C. 1451 (the so-called "second tithe")
~~~~~~~~ ? ~~~~~~~~~~~~~~~~~~ 860 f (Deut. XIV, 22)
~~~~~~~~ ? ~~~~~~~~~~~~~~ (Page 862 f, "The Law was to be
~~~~~~~~ ? ~~~~~~~~~~~~~~~~~ written on twelve stones
~~~~~~~~ ? ~~~~~~~~~~~~~~~~~~~~~ at Mt. Elba.)
~~~~~~~~ ? ~~~~~~~~~~~~~~~1005 (Malachi III, 7-12)
~~~~~~~~ ? ~~~~~~~~~~~~~~~1006 (Malachi III, 10)
Two milestones marking the loss of the whole law,
but don't forget that the US became a world super
power while implementing only about half of the
first tithe.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
ACCESSION AND FOLLY OF REHOBOAM
1 Kings 12. 1-33 B. C. 975
(Rehoboam abandoned the Law and the ten
northern tribes of Israel were lost to history,
leaving only Judah, Benjamin, and the Levites
to convey the Bible as we know it.)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
DECREE OF ARTAXERXES IN EZRA's BEHALF.
Ezra 7, 24 B. C. 457
(The Thirteenth Tribe, the Levites, was made exempt
from paying the first (Lord's) tithe.)
(The Torah, the rest of the Old Testament, and all of the
New Testament presents a sustained lament for the loss
of the whole Law. Christianity received only the
incomplete Ten Commandments (the Decalogue) of
which Dr. J. H. Hertz said, on page 401, "it laid down the
foundations of religion and morality, but was not in itself
the entire structure of human duty,")
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Screwtape concluded his first letter to Wormwood so:
"Do remember you are there to fuddle him. From the
way some of you young fiends talk. any one would
suppose it was your job to teach!
~~~~~~~~~~~~ Your affectionate uncle,
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Screwtape"
Kind regards,
Wes Burt
To further explore "The Optimum Policy" illustrated
at URL <http://www.epie.org/cyber-soc/default.htm>
please join me at list <[EMAIL PROTECTED]>.
--------- Forwarded message ----------
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Date: Thu, 28 Aug 2003 09:28:38 -0700
Subject: RE: [SOCIAL CREDIT] "Fungibility"
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 from Michael Bindner----
Thank you [Wes] 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
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<<Fig7-9d.gif>>
