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Feb 1 2000 Early
Day Motions Relating to Financial and Monetary Issues Please find enclosed the list of EDMs, including yours, together with our
programme of events. This programme was sent to you before, with a cover letter
from Austin Mitchell MP, as we hope to raise awareness among Parliamentarians to
fundamental issues that desperately require political attention. Please note that our programme addresses not only fundamental causes and
problems but also effects and solutions. However, under our
debt-based monetary system, there are only devastating effects to show for, some
of which are to be redressed by EDMs. Yet many, if not all of them, would be
unnecessary, if only the cause of
debt-based capitalism was addressed. You are therefore invited to attend our next meeting on Wednesday,
February 9th, from 6pm to 9pm, where we continue to debate
these issues. It will be held in the Grand Committee Room at the
House of Commons. The agenda is enclosed below the list of EDMs. There is not one single formula as a solution. As there are horses for
courses, so there are different solutions for different economic contexts
and appropriate political levels.
¨
Demanding the Government to
issue and spend enough cash and coin (M0) to cover interest payments on
the national debt, is a solution on a more structural and causal level. ¨
Amending the FSA Bill
such that individual victims of the day-to-day business of banks can receive
satisfaction, is a remedial solution at the level of legislation, but not
causal. ¨
Issuing a Welsh Pound is
one possible solution, given the context of Objective One funding. Unveiling the myth of money creation, helping Bank Victims get justice,
preventing bankruptcies and the resulting unemployment, home losses and divorces
– these are among our objectives. The main causes of bankruptcies will
be addressed by our speaker on Wednesday. Looking forward to
seeing you at some of our meetings, Yours sincerely, Sabine McNeill |