Is now the time to consider monetary reform in New Zealand?

POLITICAL OPINION

With New Zealand nurses protesting bitterly about not being paid what they're worth culminating in possible strike action tomorrow and a homelessness crisis reaching staggering proportions:

Is now the right time to look at monetary reform?

The Social Credit Party is proactively trying to get the New Zealand Government's attention to the idea of financial reform, as this week, acting Prime Minister Winston Peters, told a press conference - it's not that the government 'wouldn't' meet the nurses' pay requirements but that it 'couldn't'.

So why can't we meet the financial needs of staff in essential services such as healthcare?

Gloria Bruni puts in a letter to the Northern Advocate Newspaper today, what I and I'm sure many other people are wondering.

She says she had believed the money system came from the government.

Ms Bruni says that according to economic commentator Bernard Hickey, money is invented out of nowhere by private banks.

The Party has been talking about this disturbing reality for some time but it appears no one's been listening.

Ms Bruni goes on to say the banks then have the gall to charge lenders interest on this money, which last year netted Australian-owned banks, $5 billion in profit after tax.

Perhaps there's a better way.

Food for thought.

Meanwhile, Social Credit leader Chris Leitch, takes a look at the rich entrepreneurs who try to buy their way into parliament.

In his comment below, Mr Leitch talks about the demise of Gareth Morgan's Opportunities Party and the values of the Social Credit Party. 

Yet Another Party Dashes Kiwi’s Hopes

The demise of the Opportunities Party is another example of a rich entrepreneur having “a go” at politics without any real commitment to a philosophy or core policy.

Gareth Morgan joins a long list of similar people who thought money was going to buy them an easy road into parliament and who gave up when the going got tough.

Bob Jones and Colin Craig were others.

They were, as his party name suggested, “opportunists”, who promised much and didn’t deliver.

There was no solid foundation that people could commit to, that would make them contribute time and money at great personal cost over many years.

While Social Credit hasn’t had rich donors and corporate backing that would have allowed it to buy media time and tour the country like Mr Morgan, it has survived the test of time.

It has done so because of its commitment to reforming the money system to deliver a better life for people – particularly middle and low income earners – rather than bankers, money manipulators, and corporates.

First formed in 1953 it it has proved has stickability and commitment to principle and that’s a rare quality in New Zealand politics.

In doing so it has proved Bob Jones wrong.

His taunts about “Skodas and crimplene suits” have come back to haunt him.

Skodas are now a luxury vehicle, and monetary reform is gaining support internationally from economists, professors and commentators.

Its time is coming.

 

For further comment contact Chris Leitch, phone 021922098

 

See www.tellmemore.org.nz  for numerous commentators who support monetary reform.

Feel free to comment on this post in the comments box. Beating the Odds would love to know what you think about monetary reform and its effects on many issues directly affecting people.

We would also be really interested to know your thoughts on the nurses pay situation and some of the country's biggest social issues, such as homelessness and mental health.

BTO