South Africa: Poor masses getting poorer House of Commons Standing Committee on Banking and Commerce, meeting in 1939; It is absurd to say that our country can issue $30,000,000 in bonds and not $30,000,000 in currency. Both are promises to pay; but one promise fattens the usurer(those asking interest) and the other helps the people , and; It is the people who constitute the basis of government credit. Why then cannot the people have the benefit of their own gilt-edged credit by receiving non-interest bearing currency, instead of the bankers receiving the benefit of the people s credit in interest bearing bonds? Income taxes pay the interest to the bondholders . ------------------------------------------------------------------------------------------------------------------------ If I read this, I am sure that in South Africa, we have exactly the same problem. The ANC regime makes loans and sells bonds, but the very small tax base must pay the interest. Now wonder small businesses are becoming fewer, tax payers leave the country and, as a whole, the majority of people are less well off. The only one who get richer are the connect political caders, the banks and the legal specialists who work together to keep the farce going. Something needs to give and in RSA I am sure the time will soon come when the masses realize that Madela sold them a great big lie, that the current ANC regime perpetuate that lie, that the regime just added plain theft to that lie...then civil unrest will lead to civil war. Only normal men and women can change this and we need to do it in two ways; 1. At the ballot box 2. By getting the international community to see the truth and act on it. Greetings to all who love REAL freedom. The White-South African