Dr Hamlyn is a founding member of the Royal College of General Practitioners, a veteran of WW II, retired farmer and practicing medical doctor. He is a prolific and articulate voice on the subject of monetary reform. http://www.monetaryreform.org
The Truth About Banking The mystery starts with the secret mandate, used by banks, to issue new money as 'credit'. That sounds so innocuous, and so meaningless, that its full significance does not register with anyone. Credit, in this context, means, (according to the Oxford English Dictionary), 'the sum of money at a person's disposal at a bank.'Therefore, when new money is issued as credit by a bank, a sum of new money...... Similar Editorial : The Future Of Banking by Jakob Jelling. | Source : Saving Account Interest Rate
What Is Bad Debt? But when we see a bank making a profit of $10.64 billion, whilst boasting $3.28 billion of bad debts, we can be puzzled.When the top brass of that bank tells us, that they are in the business of making money and only made $10.64 billion instead of $13.92 billion, we then understand, that a bad debt to a bank, is a failed fraud.Banks have a monopoly business of issuing new money as credit.This is a...... Similar Editorial : Getting Out of Debt by Ted Batron. | Source : Christian Debt Help
The Money Scam I have it in writing from the Policy Directorate of the Labour Party, from a Treasury Secretary of the Government and from the Office of Fair Trading, that banks are allowed to issue new money as credit.A healthy economy is growing and needs the addition of new money to service that growth.The private individual is permitted by the Government to ask private financial institutions to manufacture...... Similar Editorial : Nigerian Scam by Nowshade Kabir. | Source : Budget Planning
New Money As Credit The existing banking system originated in England in 1694, when King William gave permission for the bankers to be the source of part of England's currency. They formed the Bank of England with an Act of Parliament called the Tonnage Act, which remains on the statute book.Times have changed since then and with the advent of the personal computer, a new industry has come into existence, the credit...... Similar Editorial : Does Money Make Money by Colin Dunbar. | Source : Dollar Currency
Financial Corruption - The Power Station At Langage The entirety of the rationale for the building of this power station is invented knowledge. Created by money men.Let us start with the realisation, that the money to create a power station at Langage, does not yet exist.When it is built, it will be built with new money, that is borrowed into existence. Borrowing money into existence is fraud.Once you realise the truth of that statement, you will...... Similar Editorial : Financial Aid by Cindy Heller. | Source : Finance Forms
A New And Better Way With Pensions The truth is a bit different. The Government now provides useless and destructive employment for a vast army of bureaucrats, in order to make the dole queues look small. We have fewer and fewer people working to produce what we need. Those productive people, are working harder and harder and producing less and less. At the same time, people are able to buy less and less, without going into debt...... Similar Editorial : Pensions Not Strong by Alison White. | Source : Simple Ira Limit
The Need For An Economic Renaissance Economics is as simple and as easily understood as it is honest. Likewise, economics is as complex and difficult to understand as it is dishonest. In the existing culture, there is no place for ethics in economics. All is fair in love, war and business. Economics is the study and practice of the production and distribution of the goods and services required by the human race for its survival. In...... Similar Editorial : The Bingo Renaissance by John C. Thorenssen. | Source : Business Card Color Printing
The Housing Crisis The torrent of money created out of credit sweeps homes out of reach.The apparent scarcity of homes is as real as the torrent of money which cuts us off from what we need.How does the credit industry create a tidal race of money. Very simple, but seemingly so complex as to be incomprehensible.Here is the simplicity. It is now legal for any financial institution, to have access to an infinite...... Similar Editorial : The California Housing Market by Rebecca C.. | Source : Vacation Rental Property
The Housing Crisis Gordon Brown can boast and brag at the economic boom over which he presides.We are looking at fraud, born of ignorance and pride, riding on a wave.It will be interesting to perceive the wipe out... Similar Editorial : Google Make Money Scam by Dr Edward Hamlyn.
