TURMEL: LETS: 1998 Australia Tour
Pauline and I
will touring Australia for a few of months in the
new year. Though we will be spending most
of our time in Melbourne and
Adelaide, we would be interested in speaking
to Social Credit and LETS
groups anywhere in the country on the
topic of Australia LETS or Eden
LETS rather than Local LETS hoping to
get the Socred numerator
currency reformers to join the bandwagon
with the LETS denominator
currency reformers. Of all the countries
which might lead the world
into Third Millenium banking, Australia
would seem to be the best bet.
If you would be interested in helping
arrange some kind of speaking
engagement in your town, please drop me
a line.
The 1998 Guinness
Book of Records is in error for my most
elections contested. It left it at 41
even though it was broken not
once but three times last year. I'm stunned
they could have missed all
three.
John Crosbie,
considered one of Canada's wittiest Tory
politicians and former Finance Minister
is doing the rounds plugging
his new book about his memoirs. I bet
he doesn't mention the time I
caught him in public in the early 1980s
where he was at Western
University as during a London byelection
to support his candidate and
was answering questions. I was first at
the mike with the Engineer's
cap asking:
Turmel: I sent
you the equations for inflation and unemployment.
Why didn't you use them?
Crosbie: I was
never very good in mathematics.
JCT: It got a
good laugh and I joined in though I wonder if many
of the others laughing thought the joke
was on him or on me.
I know that my
dream of governments opening accounts has happened
in the United Kingdom. At last count,
there were 5 councils who had
operating accounts. I can only hope they
soon start making full use of
the panoply of opportunities this will
provide.
All discussion
about how large systems should govern themselves
when allocating Green contributions to
municipal projects and
charities need not take place if such
decisions are left to the people
we have already elected to handle those
things for us.
Just because
we properly denigrate most politicians who stuck in
the Interest Trap, it is no reason to
assume they would be incompetent
once freed from its stupid requirements.
Especially in Australia where
more and more larger and larger systems
are considering offering
services government can no longer afford
to do, once again, there is
no reason for LETS to become a new financial
government when giving
the regular LETS financial power leaves
government where it's been
elected to reside.
Yet, I realize
that setting up LETS is like pioneering a new land
of abundance and people are so happy with
the results, they just don't
want to chance government screwing it
up. As a LETS engineer and the
supporter who has sunk more equity in
the project than anyone else in
the world, I can only assure that those
funds were spent in supporting
the local initiative purely to demonstrate
its feasibility as a
national and international one.
My aim has always
been to have credit declared a public service
provided free of charge by government
rather than a private service
provided at interest by corporations.
My professional duty as a
banking systems engineer compels me to
continue this quest until
positive feedback on debts has been eradicated
from banking software
everywhere in the world. And of course,
this takes no coercion, only a
Green option. Who would borrow money privately
at interest when it can
be borrowed interest-free at the cage?
All I ask is
that my Mondex card carry my Canadian account,
American account, British account, Australian
account and LETS
account. And pursuant to Gresham's law,
I'll use my interest-bearing
accounts last. Except Gresham's got it
wrong in the LETS case where
the good money chases out the bad.