MONETARY: Fwd: Re Parker

["William B. Ryan" <william_b_ryan@lycos.com>]

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DATE: Mon, 28 Oct 2002 17:18:13
From: "Vic Bridger" <socred@ecn.net.au>
To: "William B Ryan" <william_b_ryan@lycos.com>

Hi William,

Below is a response to Dan Parker. I have been bust and did not have time to 
respond before. I think this will be the last to him. I have sent it to you and 
you can forward it on if you wish as I am not a subscriber to the list.

 Dan Parker - 
"C.H. Douglas was a monetary reformer. He proposed significant reformations of 
the money system".
 

 Vic Bridger - 

C.H. Douglas was not a monetary reformer. Douglas castigated those who called 
themselves by that name. If Mr. Parker had read sufficient amounts of C.H. 
Douglas he would be aware of that. The question then is, "Has Mr. Parker read 
or understood what C. H. Douglas was saying. If not then no more be said. If he 
has read what C.H. Douglas said on monetary reformers and about the term 
"monetary reform", and still adheres to the claim that C.H. Douglas was a 
monetary reformer then he is deliberately attempting to mislead.

C.H. Douglas did not propose significant reformations of the money system. What 
he did do was to point out the flaw in the financial accounting system and make 
suggestions for breaking the monopoly of credit by the banking system and 
measures to overcome the deficiency of purchasing power resulting from the flaw 
in the accounting system. Again the same questions as above apply.

 Dan Parker -

"Recently, I quoted Charles Ferguson's (the person who coined the term social 
credit) description of a global society." 


 Vic Bridger -

Charles Ferguson may have used the term social credit but did not invent the 
words. His use of the two words together should not be construed to mean that 
he was the founder of the Social Credit analysis, the A+B Therorem, the 
underlying philosophy and the necessary policy to address the problems facing 
society as detailed by C.H. Douglas. C.H. Douglas was aware of Ferguson and 
quoted him. However the genius of C.H. Douglas exposed the flaw in the 
financial accounting system and established what has become known as Social 
Credit.

If it is Mr. Parker's intention to suggest that Charles Ferguson (it must be, 
otherwise why mention it) was the founder of the Social Credit Movement it is 
mischievous and misleading and apparently designed to support his ideas of a 
world government.  As I have said previously this is the complete antithesis of 
Social Credit philosophy which promotes the importance of the individual over 
the group. Decentralisation against Centralisation which is what a world 
government would be.

If Mr. Parker wishes to pursue his endeavours he should do so under the banner 
of a monetary reformist and cease using the term social credit. If he believes 
Charles Ferguson to be the champion, then promote his ideas and stop attempting 
to muddy the waters by pretending to supportive of Social Credit as per 
Douglas. That is unless he has another motive for offering misleading comments.

End.


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