Re: pkt seminar on the economics of the crisis

[Paul Davidson <pdavidson@xxxxxxx>]

I just want to note that if my IMCU plan to reform the international
payments system was in place -- then

(1) we could cut off dollars finance to bin Laden imediately,

(2) we could cut off Afghanistan from buying goods clandestinely from other
nations of our "coalition".

(3) if our intelligence agencies were working before September 11, we could
have had in place  an international auditing and accounting scheme that
could trace not only the flow of funds that supported the actual terrorists
living in our midst -- but also others living in the G7 countries at the least.
And at this point of time we could immediately place such an auditing
system into operation.

Paul
Paul Davidson
Holly Chair of Excellence in Political Economy
Editor, JOURNAL OF POST KEYNESIAN ECONOMICS [JPKE]
Economics Department -- 523 SMC
University of Tennessee
Knoxville, Tennessee 37996-0550
email: Pdavidson@xxxxxxx;   phone: (865)974-4221;    fax: (865) 974-4601
home phone:(865) 573-9160
http://econ.bus.utk.edu/Davidson.html