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	<title>Comments on: Economics Statement</title>
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		<title>By: Terry Irwin</title>
		<link>http://occupylondon.org.uk/about/statements/statement-on-economy#comment-6243</link>
		<dc:creator>Terry Irwin</dc:creator>
		<pubDate>Tue, 05 Jun 2012 18:57:52 +0000</pubDate>
		<guid isPermaLink="false">http://occupyLSX.org/?page_id=2855#comment-6243</guid>
		<description><![CDATA[Private Central Banks are the Problem. BOE, FED, IMF, BIS etc

Give me control of a nation&#039;s money and I care not who makes it&#039;s laws&quot; — Mayer Amschel Bauer Rothschild 

If the American people ever allow private banks to control the issue of their  currency, first by inflation, then by deflation, the banks…will deprive the people of  all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)

The problem is not fiat money or wether we should go back to a gold standard to shackle the borrowing and spending of governments or more regulation. The problem lies with who has the power to issue our money. Our governements in the west handed over this power to private entities that charge the country interest on government borrowing on something they have created out of nothing. We the people pay this back on taxes which keeps rising. This is the national debt, this can never get paid back as the money which is needed to pay the interest has never been created, Thus the country is forever in debt to the issuer.
The Bank of England is private, nor has any of its individuals that run it ever been elected by the people, nor are they ever answerable to the people.
The elected government of the country has the power to print up its own money and put it into circulation. This is a Public treasury monetary system, if the government does a good job on issuing the money and controlling it and thus creating a stable economy we will re-elect them and keep them in charge, if they do a bad job, just like the central banks have been doing for the last decade we the people can kick them out of power and elect in a government that will do a job better. We are the regulators.
There will be no national debt as we control our on monetary system and pay interest to no one. There will be stability, less taxes if any at all, less corruption and desisions taken for the good of the people and not for a small group of rich and powerful individuals.
We need to take back the printing of our own money.]]></description>
		<content:encoded><![CDATA[<p>Private Central Banks are the Problem. BOE, FED, IMF, BIS etc</p>
<p>Give me control of a nation&#8217;s money and I care not who makes it&#8217;s laws&#8221; — Mayer Amschel Bauer Rothschild </p>
<p>If the American people ever allow private banks to control the issue of their  currency, first by inflation, then by deflation, the banks…will deprive the people of  all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)</p>
<p>The problem is not fiat money or wether we should go back to a gold standard to shackle the borrowing and spending of governments or more regulation. The problem lies with who has the power to issue our money. Our governements in the west handed over this power to private entities that charge the country interest on government borrowing on something they have created out of nothing. We the people pay this back on taxes which keeps rising. This is the national debt, this can never get paid back as the money which is needed to pay the interest has never been created, Thus the country is forever in debt to the issuer.<br />
The Bank of England is private, nor has any of its individuals that run it ever been elected by the people, nor are they ever answerable to the people.<br />
The elected government of the country has the power to print up its own money and put it into circulation. This is a Public treasury monetary system, if the government does a good job on issuing the money and controlling it and thus creating a stable economy we will re-elect them and keep them in charge, if they do a bad job, just like the central banks have been doing for the last decade we the people can kick them out of power and elect in a government that will do a job better. We are the regulators.<br />
There will be no national debt as we control our on monetary system and pay interest to no one. There will be stability, less taxes if any at all, less corruption and desisions taken for the good of the people and not for a small group of rich and powerful individuals.<br />
We need to take back the printing of our own money.</p>
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		<title>By: Patrikos</title>
		<link>http://occupylondon.org.uk/about/statements/statement-on-economy#comment-6203</link>
		<dc:creator>Patrikos</dc:creator>
		<pubDate>Fri, 27 Apr 2012 18:23:18 +0000</pubDate>
		<guid isPermaLink="false">http://occupyLSX.org/?page_id=2855#comment-6203</guid>
		<description><![CDATA[1. It would be worth reviewing the document for stylistic problems.  There are many generalisations (eg &quot;Women especially pick up the pieces&quot; or &quot;Many within society are burdened with crippling debt&quot;) and also a number of unnecessarily inflammatory statements (&quot;Inequality has torn apart families... left pensioners to freeze etc etc&quot;).  If this document is to be accepted by the wider community then statements should be backed by verifiable facts.

2.  This document describes some broad issues.  It would make sense to now propose definite Objectives so that a scheme of work can be planned.]]></description>
		<content:encoded><![CDATA[<p>1. It would be worth reviewing the document for stylistic problems.  There are many generalisations (eg &#8220;Women especially pick up the pieces&#8221; or &#8220;Many within society are burdened with crippling debt&#8221;) and also a number of unnecessarily inflammatory statements (&#8220;Inequality has torn apart families&#8230; left pensioners to freeze etc etc&#8221;).  If this document is to be accepted by the wider community then statements should be backed by verifiable facts.</p>
<p>2.  This document describes some broad issues.  It would make sense to now propose definite Objectives so that a scheme of work can be planned.</p>
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		<title>By: Jessica</title>
		<link>http://occupylondon.org.uk/about/statements/statement-on-economy#comment-5987</link>
		<dc:creator>Jessica</dc:creator>
		<pubDate>Sun, 29 Jan 2012 17:38:24 +0000</pubDate>
		<guid isPermaLink="false">http://occupyLSX.org/?page_id=2855#comment-5987</guid>
		<description><![CDATA[I think this is more useful than the main Occupy statement. It is clear and gives specific points to be addressed - such as the need to regulate the bonus structure of banks to prevent risks being rewarded.

Is this written up as a formal list of demands with a petition? If not, could that be done?

If this was a petition on the government website, maybe we could get it raised in the House of Commons and convince ministers that we&#039;re serious about wanting change.]]></description>
		<content:encoded><![CDATA[<p>I think this is more useful than the main Occupy statement. It is clear and gives specific points to be addressed &#8211; such as the need to regulate the bonus structure of banks to prevent risks being rewarded.</p>
<p>Is this written up as a formal list of demands with a petition? If not, could that be done?</p>
<p>If this was a petition on the government website, maybe we could get it raised in the House of Commons and convince ministers that we&#8217;re serious about wanting change.</p>
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		<title>By: Julie Daniels</title>
		<link>http://occupylondon.org.uk/about/statements/statement-on-economy#comment-5986</link>
		<dc:creator>Julie Daniels</dc:creator>
		<pubDate>Sun, 29 Jan 2012 00:26:07 +0000</pubDate>
		<guid isPermaLink="false">http://occupyLSX.org/?page_id=2855#comment-5986</guid>
		<description><![CDATA[I have shared on my Facebook, 2012 must be the year we spread the message and help educate.]]></description>
		<content:encoded><![CDATA[<p>I have shared on my Facebook, 2012 must be the year we spread the message and help educate.</p>
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		<title>By: occupylsx</title>
		<link>http://occupylondon.org.uk/about/statements/statement-on-economy#comment-1078</link>
		<dc:creator>occupylsx</dc:creator>
		<pubDate>Sun, 15 Jan 2012 02:55:16 +0000</pubDate>
		<guid isPermaLink="false">http://occupyLSX.org/?page_id=2855#comment-1078</guid>
		<description><![CDATA[We are working on pulling all the statements passed by the GA into a handy document which will be on the front page of the website ;)]]></description>
		<content:encoded><![CDATA[<p>We are working on pulling all the statements passed by the GA into a handy document which will be on the front page of the website <img src='http://occupylondon.org.uk/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
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		<title>By: Janos Abel</title>
		<link>http://occupylondon.org.uk/about/statements/statement-on-economy#comment-1077</link>
		<dc:creator>Janos Abel</dc:creator>
		<pubDate>Sat, 14 Jan 2012 22:04:25 +0000</pubDate>
		<guid isPermaLink="false">http://occupyLSX.org/?page_id=2855#comment-1077</guid>
		<description><![CDATA[Could we ask for the help of the communications team to make this page widely known? I, myself, found it only by chance. No wonder no one made any comments. Probably no one know it is here (at least that is what I hope the reason for its neglect rather than apathy and lack of interest in the work of the economics Work Group.

Considering the effort that has gone into making it pas the &quot;consensus test&quot; exercised by the GA, this should be a major text of interest.]]></description>
		<content:encoded><![CDATA[<p>Could we ask for the help of the communications team to make this page widely known? I, myself, found it only by chance. No wonder no one made any comments. Probably no one know it is here (at least that is what I hope the reason for its neglect rather than apathy and lack of interest in the work of the economics Work Group.</p>
<p>Considering the effort that has gone into making it pas the &#8220;consensus test&#8221; exercised by the GA, this should be a major text of interest.</p>
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