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September 2000 Dear Colleague, Thirteen
well attended meetings took place during the second year of the Forum for
Stable Currencies, and I have pleasure in enclosing the new programme.
I am especially grateful to everybody who expressed their support so far
and I hope to see you on Thursday, October 5th at 6pm in Committee
Room 4B. The
Forum serves mainly as an excellent opportunity for informing yourself.
Briefing Materials on the subject matter abound.
This year’s programme presents again the very best speakers on the
weaknesses of our monetary and banking system: experts on both debt and equity. The
fact that a re-examination of the fundamentals of our monetary and banking
system is not on the political agenda is of great concern to those debating in
the Forum. It is nevertheless its
intention to assist in the drafting of Private Members Bills and to provide
input to the new Economics Committee, after a submission has been made to
the Select Committee of the Monetary Policy Committee of the Bank of England.
The
fuel crisis informs us that people are now examining more critically the system
of taxation. They no longer trust
their governments to have the people’s best interests in mind.
We may now have the opportunity to more accurately inform people about
the nature of our current monetary and banking system and how it serves
everything but the best interests of the people. If
this country has lived without revolutions, it is largely due to the tradition
of this House which has ensured continuity while more immediate concerns on a
short term basis are covered by the other place. But even there Early Day Motions relating to the behaviour of
banks have been mounting. We have
to ask ourselves if, finally, the time is ripe to create a healthier and
socially more responsible monetary and banking system, and, if so, what we in
this House can do to ensure - as we have always striven to – the best for
every citizen. We
start the third year of the Forum for Stable Currencies on October 5th
with another critical examination of the banking system by Canadian John
Tomlinson, author of Honest Money and former stock broker.
The updated title of his talk is now “Why is it necessary to maintain
public confidence in the banking system?”
He will argue that the reason is because there is nothing within the
banking system about which to be confident and he will present factual data to
support his claim. I
have always found his talks interesting and informative and I hope you will be
able to join me in this House for our opening meeting. Yours sincerely, Lord Ahmed |
