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The Trial that Failed

15th October, 2005

Who was on trial? Stephen Byers, Railtrack, the Judge Mr Justice Lindsay, the Government, Alistair Darling, who?

Obviously the right culprit was not accused. The guilty party was not found.

And yet there is the universal agreement, from everyone, that the honesty of public life in Britain is left in tatters.

We can all of us take responsibility for this total failure of British justice, because we tolerate a corrupt and dishonest monetary system, in the hope of getting hold of money we do not earn.

This is a perfect example of that of financial vice, which no one condemns. We all expect to be able to obtain money without earning money. Nor do any of us perceive that it is dishonest to rob others by spending their earnings.

We imagine that if someone pays us for the use of our money, that we are providing a service, by which we can earn money.

Our only justification for being paid interest on money we own, is because money does not hold its value and if you lent a pal £100 10 years ago and he pays it back to day, it will only be worth £80 or perhaps £90 in today's money.

Whereas if you had invested that hundred pounds in yourself, 10 years ago, to improve your skill at earning money, you would have earned an extra few thousand pounds. By honest means you would have become that much richer.

But that is not the way we are taught to make money. We may imagine that we get too old to invest money in ourselves, but if you have a family and invest your money in creating their skills, you acquire the only riches worth having.

Do not imagine that you have no family, you are a member of the human family and there is no family in which it is more profitable to invest.

Of course one of the most valuable of all skills for you to obtain is knowledge of how to invest wisely, for the benefit of the family. Improve the human race and your next lifetime will be that much better and more enjoyable.

But to come down to Earth and to tell you how to obtain from the Government, a refund of what you gave to British Rail, to help get on its rails, is what you are asking for.

That is what you did, you invested your money in British Rail because Railtrack could not pay its way and seduced you into giving it alms.

It did not look like that, but this trial has made it abundantly clear, as to that being the horrible truth.

As Judge Lindsay said, "Railtrack had allowed the Railways to become a complete shambles".

I am blaming you for allowing that to happen and telling you how to take responsibility and get your money back. What is wrong with that? I know it is more than you deserve. So be it, I will still do it.

There is something that no one has ever spotted, not even Brunel who built the railways.

The Railways in Britain could never be a commercial success in the manner in which we judge such success.

To start with, before the Railways came into existence the amount of new money needed to build them, did not exist. New money had to be created.

Nobody saw the truth of that statement, nor do they see that the money to maintain the Railways correctly, does not exist. Extra new money is needed all the time.

The Railways are very expensive to run and can never be fully funded by their users.

The chief user of the Railways is the Nation. The railways are a truly national asset required by the Nation to create wealth.

The Nation must confront the fact that the Railways constantly require new money to keep going.

That is just the way it is, not because I say so, but because it is so.

If you do not understand and accept that fact, you need to invest more of your own money in learning more.

So how do we create new money, because we do and the Railways are there to prove it, despite being in an absolute shambles and despite Lord Beeching doing his damnedest to get rid of them.

The truth is impossible to believe and therefore almost impossible to understand.

We borrow new money into existence. We accept new money issued as credit by private banks.

We go ever deeper into debt and borrow money to pay the interest.

49,000 people became victims of that con-trick and the trial did not reveal the truth, much less tackle it.

But here is the truth, laid out plain for you to see. Use the truth and realise that when the Government creates and issues new money for the creation of wealth and spends that money wisely and well, it cannot cause inflation however astronomical the sum may be.