From the Summit of the Moral High Ground

Money = Debt and Slavery I don't know about you, but I've always hated money. Statistics reveal that the majority of our problems are caused because of money alone. Thanks to money, we are forced to deal with greed, corruption, debt, and many other issues. We all need money to live though, right? That's what the banks want us to believe, but you see, where there is money, there will inevitably be debt. We have debt because we have money. Where does this money come from? The Central Banks create our money, and then loan it out to other banks on interest. So, technically any money that is "created" needs to eventually be paid back to the banks plus interest. In actuality, there was never any money in the first place, and there also wasn't money within the system to cover the interest the banks require. The monetary system ensures that people will always be in debt because our money is created through debt. As if that wasn't bad enough, we a...

Yesterday I discussed what exactly growth was, and why it was only important to governments. But because it is important to governments it has been enforced through a series of social developments implemented within legislation and enforced through the slavery of debt. In the modern age to have a 'good job' it is mandatory to have a 'good education'. A degree of some sort is required for almost every job that leads to a good standard of living. But now in order to have a 'good education' there is a degree of inevitability that all but the most well off will leave university with some degree of indebtedness. With the recent tripling of tuition fees it is estimated that the average student leaving university in the UK will be approximately $60,000 in debt. Somewhere along the way the government seems to have forgotten that an education is an aim in and of itself and is not tied simply to the desire to maximise future potential earnings. However this level...

Another thought provoking point raised by Tom Joad has led to the following post, I hope this fully demonstrates that I firmly believe that the welfare and happiness of workers is fundamental to a business' success. The much touted 'growth' that all nations seem to be extolling the virtues of, as the 'alternative' to austerity is a funny thing, which has never quite been defined and remains a buzz word. To truly understand what growth means, we need to understand what it is that is 'growing' and that is the arbitrary measure of the economic value of a nation's activities. There are four ways, within the purview of government, that growth can be achieved: 1) Increase the number of people working 2) Increase the notional value of each person's activity 3) Increase the level of taxation and activity by government employees 4) Inflation (increase in the money supply) None of these represent 'real' growth. There are three ways of de...

The BRICS nations You may have seen the news that Britain is going to lend £10 billion to the IMF to prop up the Euro along with a number of other countries to make a total fund of £400 billion (or thereabouts). The two 'abstainers' are the US and Canada. First it is important to realise that the £10 billion is entirely hypothetical. It is simply an entry in a ledger somewhere saying DEBIT IMF loan, CREDIT Creditors, there is no actual money changing hands and no one will have to pay anything it is all just an electronic intangible. Britain once and within my life-time found itself in a position where it was forced to borrow money from the IMF, extract taken from  nationalarchives.gov.uk Devaluation of the pound  The left wing of the Labour Party defeated the Public Expenditure White Paper in the Commons in March 1976. Subsequently, Harold Wilson resigned and James Callaghan took over as Prime Minister. Around this time, investors became convinced that ...

Advocate Robin Morris has a reputation in legal circles as, well, not a particularly good lawyer. I have not yet received the transcript of my appearance in the Magistrate's Court, ahead of my appeal to the Royal Court but I have had the opportunity to prepare the case that I will represent. The main issue that Advocate Morris seemed to have had was, 'what was I when I was not a person'. The answer to Advocate Morris' question is found in the  Universal Declaration of Human Rights.  I am not entirely sure that Jersey has signed up to this since it is not a 'country' or a 'nation' in its own right, but our rights as British citizens, are ensured by the British government. Article 1 - Innate Freedom and Equality All human beings are born free and equal in dignity and rights.They are endowed with reason and conscience and should act towards one another in a spirit of brotherhood. Article 6 - The Right to Legal Personality Everyone has the right ...

Boris will be Mayor of London The Telegraph reports "The Conservatives are reeling from a series of political setbacks, many of which have their origins in last month’s controversial Budget, while their coalition partners, the Liberal Democrats, are expected once again to pay a high price for coalition unpopularity.  Labour should be taking full advantage of the Government’s mid-term blues, but despite healthy opinion poll leads, Ken Livingstone looks set to lose to Boris Johnston in London’s mayoral poll - while the party is also under threat from the Scottish nationalists north of the border.  As well as two other mayoral votes (in Liverpool and Salford), 10 cities will be staging referendums on whether to have mayors. Some 5,000 council seats in 180 councils will also be up for grabs on 3 May." Recent elections around the world have shown that there is a deep dissatisfaction with the established parties. In the United States Business Insider Reports ...

Whilst the two 'front-runners' are talking about increasing economic growth, as if that is something that has ever been or will be within the control of Government, some candidates are addressing the key issue affecting the modern world. Namely that by following the rules of subsidiarity and returning power to the lowest competent authority which is the individual wherever possible the greatest gains are to be made and the struggle against those who would seek to consolidate power in the hands of the few. The exit polls: François Hollande 28.4% (PS) Nicolas Sarkozy 25.5% (UMP) Marine le Pen 20% (FN) Jean-Luc Mélenchon 11.7% (Left Front) François Bayrou 8.5% (MoDem) Eva Joly 2% (Green) Nicolas Dupont-Aignan 1.8% (Arise the Republic) Philippe Poutou 1.2% (New Anti-Capitalist) Nathalie Arthaud 0.8% (Workers Struggle) Jacques Cheminade 0.2% (Solidarity and Progress) A second round between the two leading candidates will now proceed on the 6th May. Th...