Re: servant, not master

[Harry Veeder <eo200@xxxxxxxxxxxxxxxxxxx>]

If I may interject...

The money system is the only means of production in which we ALL work.
Personally, unless I work for the local widget company I have no interest in
who owns it.

Harry

> From: "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx>
> Date: Thu, 29 Jan 2004 13:58:46 -0500
> To: william_b_ryan@xxxxxxxxx
> Cc: socialcredit@xxxxxxxxxx, pkt@xxxxxxxxxxxxxxxx
> Subject: Re: servant, not master
>
> What about onwership of the means of production which really decides who
> is master and who is servant?
> What does Social Credit have to say about that?
>
> Henry C.K. Liu
>
> William B. Ryan wrote:
>
>> Though the Greenbackers and Populists united in 1896
>> behind the "fusion" candidate William Jennings Bryan,
>> they derived from quite different schools of thought
>> regarding monetary reform.
>>
>> The Greenbackers wanted government to print money and
>> spend it.  The Populists were for free coinage, which
>> took government out of the picture except for
>> supplying the services of the mint.
>>
>> Some two decades later a third alternative entered
>> the fray, taking the best from the essence of the
>> Greenbacker and Populist proposals.
>>
>> A Social Credit government would print money and pay
>> it out as dividends.  The problem of concentrating
>> power in government through unlimited spending power
>> is thereby avoided.  Also avoided is the
>> irrationality of free coinage in satisfying the needs
>> of trade and commerce in a closed system of finance.
>>
>> As to the fourth branch of government, the Federal
>> Reserve is already effectively that in the American
>> system.  Bringing it formally as such into the
>> Constitution would be a step forward, as business
>> unfinished from the Revolution.
>>
>> The central bank would then be "government" to the
>> financial sector, as the Supreme Court is
>> "government" to the legal sector; the executive is
>> "government" to the government, and the legislative
>> expressing the will of the people with oversight over
>> the other branches.
>>
>> It would be recognition by all parties concerned
>> that finance is servant, not master.