Green Credit for Green Purposes was our proposal to the Treasury Select Committee in 2008 – ‘to do it electronically’.
But on 7 Aug 1914 the Private Secretary to the Chancellor of the Exchequer did it on paper: John Bradbury signed the Bradbury Pound – instead of borrowing money from private investors for the Government.
Justin R G Walker talks about it to Brian Gerrish of UK Column on this video and mentions the ‘credit of the Nation’.
Austin Mitchell MP has been tabling Early Day Motions along the Public Credit since 2002. It sounds so simple and yet is so profound: Continue reading
Posted in Bank of England, Central Banks, Fractional reserve banking, Money, Money supply, Public Credit Petition, Treasury Select Committee, United Kingdom
Tagged Austin Mitchell, Bradbury, Bradbury Pound, Brian Gerrish, Central Bank, Cyprus, Early Day Motion, Government, government debt, Greenback, John Bradbury, Treasury Select Committee, Twitter, United States, William Franklin
The UK Uncut initiative is a wonderful expression of the Signs of Our Times:
- it began with a Twitter hashtag #ukuncut
- what manifested as a sit-in of 70 people in a Vodafone store in London
- and spread across the country in no uncertain way.
Spread the word, join in actions, or at least smile!
One Good Cut instead!!!
With thanks to Inquiring Minds.
Posted in Borrowing, Campaigning, Central Banks, Credit Crisis, Credit Crunch, Debt, Economic measures, Government budgets, Money supply, National debt, Spending cuts
Tagged Bailout money, Barclays, credit crunch, debts, spending cuts, Tax avoidance and tax evasion, Twitter, UK Uncut, Uncut