Hot on the web:
The People v. the Banks -
Three Class Actions by Forensic Litigation Specialist John R. Dempsey filed
on January 21, 2005, March 14, 2005 and April 15, 2005 in the Supreme Court
of British Columbia, Canada.
Money is our current
Early Day Motion (EDM 390) which was tabled by
Austin Mitchell MP on June 22nd 2005.
It is the fifth continued attempt to raise awareness among politicians
and possibly journalists. Signed by 9 MPs, 2 of whom are Lib Dems who are
behind three other related EDMs, it may signal that times are changing: on
the Gap between Rich and Poor and High and Low Level Earners (EDM 2 and 3)
and Miscellaneous Bank Charges (EDM 87).
is the easiest way to contact your MP, local councillor, London Assembly
Member and European Member of Parliament. By typing in your postcode you
will see four lists of names as electronic fax addresses.
question is WHAT to write to them.
http://www.monies.cc/forum/actions/fax_your_mp.htm makes suggestions for
past EDMs which are still as valid for the current one. Happy writing!
Organising the Forum for Stable Currencies has been my 'social life
with meaning' while my 'real life' was revisiting mathematics through the
eyes of a system analyst.
www.sabine.homechoice.co.uk tells you more.
I wish that doubling aid and cancelling debt was the solution. But
'bank-created debt' is exported to developing countries and few people live
long enough to have the distance and discipline to see the structural
tension between governments and banks and mechanisms of interest compounding
Compound interest is for the monetary system what CO2 is for the
Earth's atmosphere: man-made and unsustainable.
Early Day Motions on Money
Creation and Supply
here for an analysis of
all 61 MPs and their signing pattern. The original texts with signatures can
be found on
http://edmi.parliament.uk/edmi/ by choosing the Parliamentary Session
and clicking on the "Change Session" button.
Early Day Motion (EDM) 1515
was tabled by
Austin Mitchell MP in 2002 and called for
Using the Public Credit
to solve problems of the Government’s budget.
EDM 1515 was signed by 24 MPs and EDM 854 had
29 MP signatories by the end of the Parliamentary Session. These EDMs have
thus set signals for understanding the mechanisms of the creation and supply
of money in a Parliamentary context.
Publicly Created Money,
was tabled by David Chaytor MP in 2003 and asked for an Inquiry into
entitled Public Credit for Public
Purposes, was tabled by Austin Mitchell MP on December 17th
2003 and ended with six signatures (now 20). Voters should bring the topic
to the attention of their MP and invite Parliamentarians to appreciate the
degree to which political life has become an economic or rather financial
issue. EDM 323 again invites the Treasury to investigate the benefits
of increasing the money supply through ‘publicly created money’.
Use of Public
Credit for Public Works (EDM 327) was tabled in 2004 and achieved 25
EDM 743, Interest-Free
Money, was tabled on February 22nd, 2005 and was signed by 22 MPs.
Publicly created money is inherently
interest-free whereas interest on National Debt constitutes some £22 bn or 5% of
taxpayers' money - generally similar to the military budget.
Who benefits? And how does the exponential growth of compounding interest
effect the country's economy when the Government's budget equals some 40% of
the nation’s money supply?
2. How you Can
Participate - Weekly Meetings in London and Email Lists
Prosperity - Freedom from Debt Slavery is a newsletter that
is active along our line of thought. You can subscribe to receive your
monthly copy by mail.
Peter Challen, Chairman of the
Christian Council for Monetary Justice,
hosts the Global Table at
Friends House opposite Euston Station every Wednesday, 11am - 12.45.
Everybody is welcome to drop in and join current discussions. He also writes
notes of Forum meetings. Please email
Peter, if you want to be kept
The Crux of our
Here's a fine introductory audio
presentation HOW MONEY IS CREATED
Choose "Download Audio" if you have a Quicktime plugin [if you haven't, a
download link is provided]
Kindly provided by Nadia McLaren
from the Union of International Associations
in Bruxelles who runs a remarkable list service.
www.yoysearch.com is a search engine that refers to this site.