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Sourcing Corruption

New money is constantly put into circulation by private banks as credit.

Britain has a monetary system in which new money is borrowed into existence as standard operating practice.

Because this practice is in essence Government sanctioned fraud, the entirety of the Government administration is run by people, who had been head hunted for their willingness or eagerness to operate an insolvent economy.

A whole upper strata of society is now firmly in place, consisting of men and women, who can be convinced or can convince themselves, that the right sort of dishonesty, builds so much power and influence, that it must be good.

The same system operates in the USA. The Yanks are brasher than the British and Eliot Spitzer, the New York Attorney General, is having a ball, focusing the spotlight on to some of their star performers.

Back here our “betters” are so discreet with their dishonesty, that their prize showman, Gordon Brown, can actually brag about the success of our National dishonesty and glory in the fact that he is needed in Europe.

If all this is unreal and obviously untrue, then take a look at our real financial status.

We now owe more money than could ever be repaid. All the time we are borrowing more money to pay the interest on what we owe.

And yet we are being admonished for failing to save and provide for ourselves in our old age, because the Government will be unable to do so.

We are using credit as our currency, how can we save debts for a rainy day.

How do we get on with our banks these days. Not too well it seems. For the top brass in the banks are demanding that we are fleeced with a smile. Robbers do not have to be rude, they can be taught politeness.

Every day we read of takeovers, the buying and selling of huge corporations with millions, if not billions of pounds, going into the pockets of those who wheel and deal with the lives of others.

Banks make billions of pounds in profits by selling credit for cash. They outsource their clerical staff with all speed, before the grassroots rebel. When their staff are replaced by workers, thousands of miles away, the bankers will not be pestered by their staff for fair play. Does anyone know whether banks pay corporate tax?

Right across the boards we see the principle of getting something for nothing, as the modus operandi of Western culture.

The master crook of all time, recently took his departure. He could sniff out an honest firm, which gave value-for-money and see that its honesty was undervalued. He would find a way to take it over, strip all it assets at a huge profit and close it down. Lord Hanson was a predatory robber, who was rewarded for his crimes, by the establishment, with a Peerage.

That is a modern way of thieving without going to prison and on the contrary, being rewarded by high acclaim and adoration by all, for being so rich. We could admire and envy his cunning but we didn't have to like it.

We live in a mechanistic and materialistic culture, at a time when integrity and honesty are at a very low ebb.

This is hardly surprising, when we bear in mind, that we are supposed to be animals and no longer spiritual beings who inhabit a physical body.

With that philosophy accepted wholeheartedly by academe, it is not surprising that there is no place whatsoever for ethics in modern economics.