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An Ideal Pension Scheme for Britain

It is better and healthier for people to be able to continue in their job as long as possible.

But the individual must have the freedom to decide when he wishes to retire.

Obviously the more he enjoys what he is doing, the longer he will be inclined to continue.

To accommodate these principles, certain changes will be required in the way in which we run the economy.

First and foremost is the dire necessity of restoring Fair Trading and bringing peace, to replace commercial warfare.

When we fully utilise modern technology for the benefit of the citizen and allow big business to fade away, things will be very different.

We now have the ability to provide for all our needs by working a three-day week or even less.

Some of us may desire more than we need. But even so, under existing circumstances, billions of pounds are spent in the creation of that desire.

That cranch of economics will vanish. But there is no need for anyone to be idle. When people start to really live, boredom is history.

Just think how much recreate is needed in the world today. Most everything could be rebuilt better than it is, if the desire came upon us to make this planet of ours, slightly less second-hand.

The creation of beauty to replace ugliness, is a deep desire in everyone. But we do that for pleasure.

We must develop a system of economics, which will be very different to the one in use today. This can only be achieved if everyone knows the basic simplicity of the native subject of economics and everybody comes to realise that the subject is as complex and difficult to understand, as it is dishonest.

Economics is the study and practice of producing and distributing the goods and services needed by the human race for its survival.

Those practices, which are most beneficial for this purpose are the most ethical and those which do the least to help survival are the least ethical.

The introduction of ethics into economics will be absolutely essential for the creation of the ideal pension scheme for Britain.

Economists today claim that there is no place for ethics in economics, all is now fair in love, war and business.

Big changes are needed. Changes which will benefit everyone everywhere, but which will be fought to the death by a minority who are suppressive.

Unfortunately that minority now has all the power and influence, which makes the task appear to be impossible.

But that is not so, because any person of any race, colour or creed, who is opposed to survival, is stupid.

They may be very cunning, but every one of them is stupid.

Intelligence could be defined as the ability to use one's wits with wisdom in pursuit of optimum survival.

Those who oppose optimum survival are the most stupid. Nothing opposes survival more than suppression.

Therefore ethics must include the technology for detecting and handling suppression. Totally absent in the world today.

Therefore we can say and recognise that economics without ethics is a pure nonsense, as is commercial warfare, as is the state of mankind at the start of 2005.

But we have decided to make the year 2005, the year in which poverty becomes history.

Getting the pension crisis sorted, is a major advance down that road.

It will be one of those exceptional fun games to play, in which every participant wins.

The technology with which to win this game is now available but not in use. But will be brought into use in the year 2005 as necessity prompts. This is nothing to do with party politics. Nothing whatsoever. Whoever heard of every political party winning. That sort of win is not even desired in politics.

Politics as we have experienced politics, is merely part of commercial warfare and is run on adversarial principles. You oppose automatically what the other party advocates, whether good or bad. Not geared to the survival of any one.

At last we have realised that we have lost all respect for politicians and regard the set-up as very stupid. That missing wisdom is now a dire necessity. We require an ideal pension scheme for Britain. The existing confusion over pensions, shows how far we have drifted, under suppression, from the ideal.

So let us examine what has gone wrong with the subject of economics, that it no longer aids our survival as we get elderly.

In order to produce the goods and services we need and in order to distribute what we produce, we need a means of exchange, as we leave behind a barter system.

We have chosen money as our means of exchange and then omitted to make a clear and exact statement of what we mean by the word money.

We know for certain, the function of money is a means of exchange. But that does not say exactly what money is. What is money, that we use to fulfil that function? Actually money is an idea, in which we must have complete confidence, that it truly represents the value of that for which it stands proxy. Because money is to be used as a means of exchange it must accurately represent the value of what is being exchanged.

We cannot repeat ourselves often enough on this point because it has as yet never been respected. The only time we had confidence in money was when we used gold as money, which did not serve. For other reasons. Too heavy and too scarce.

The principle which must be brought into use, is knowing that it must be financially viable, to present an item for sale in the market place. For that purpose the cost and the value of that item must be known and must be subject to accurate calculation.

The cost is determined by the amount of money expended in getting the item to the market place and its value is determined by how much the punters will pay for it.

These are the laws which determined Fair Trading. In commercial warfare they do not even apply.

We use the idea of money as a means of exchange, and then forget that money is an idea and call the symbol of that idea, money.

The idea of money was once well represented by gold. We used to use gold as money.

But gold did not serve for very long, for the simple reason that it was such a success as a means of exchange, that the economy prospered so hugely, that we could not dig gold out of the ground fast enough. It also became far too heavy to use, in the quantities we needed.

It is also rather pretty and Ladies used gold to enhance their beauty.

We ran short of gold and had to devise a substitute. Then we got into trouble and ended up where we are today tapping the idea that is money into the keys of a computer. Money now largely exists as computer entry.

Which actually works very well if not abused. But it is abused enormously by the banks.

Banks have made it legal to tap into their computers something they call credit and then pretend it is money. Therefore what used to be gold, stored down in the bank vaults, is now electronic something, inside a computer.

But the idea of money, which used to be represented by gold, has now changed to the idea of money that is owed and the debt recorded in a bank's computer.

This manipulation of the concept of money, to the point that the words money, credit and debt are now synonymous has become the power source of suppression . Whosoever creates and issues our currency has total power control dominion and sovereignty over us. Giving that privilege into the hands of bankers, turns the banker into a criminal. To be under the command of criminals, is the form of suppression we live under in 2005.

It may not be clearly visible to us that this is the case. The complexity and confusion which is modern economics and which kills our interest in the subject, is the key manifestation of suppression. We see this most clearly, where Nelson Mandela shows us that poverty is a man made phenomenon.

With a child dying of poverty in Africa every three seconds, as the norm, we see suppression, red with blood in tooth and claw.

Because, as yet, we do not see our old folk dying of poverty at quite that speed, we are not alarmed.

But if we look we see our pension crisis has the same mechanics as poverty in Africa. Poverty in Africa to which Mandela referred, is caused by giving primitive unsophisticated people, aid as credit or credit as aid.

When the IMF and the World Bank use poverty as the dire necessity which drives people to borrow money and then gives them debt instead of money, you see suppression, red with blood in tooth and claw.

But stop and take a look. In Britain today we use credit as our currency. Force people to save credit for their old age and you see in clever disguise, suppression, red with blood in tooth and claw.

If all this leaves you in a fog, fear not.

All we really need to know, is that in order to establish an ideal pension scheme in Britain, it requires that we restore to our Government the sole right to create and issue our currency.

Doctor Edward C Hamlyn MBChB