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    Letter to: Rt Hon Hilary Benn MP. The House of Commons. London

    22 August, 2006

    Poverty in the World Today

    Dear Mr Benn

    In the July edition of the Saga Magazine, Robert Chesshyre gives an account of your concern for those afflicted by poverty in the world today.

    One or two important points are omitted and I wish to know whether you are aware of this missing relevant knowledge.

    Poverty does not exist in the wild. Poverty is a man made phenomenon. The poor have always been with us, but only by Our Choice.

    Although Labour may not be the source of poverty in the world today, Labour does admit that Labour accepts the source of poverty as though it is inevitable.

    Nothing man made is inevitable, it is merely man made.

    The source of poverty is a lack of money. There is no other source of poverty. Money is man made stuff. We have as much money or as little money as we decide. No one else decides. Poverty is not an act of God, it is not like the weather. Poverty is an act of our creation, born of our free will.

    We fondly imagine that money is minted or printed or somehow created by the Government and that we live in constant danger of over-production of money, if Government creates enough for our needs.

    Governments have always had a tendency to over produce money, for the needs of the Government, which is a totally different matter.

    We need money as a means of exchange. Enough money to make fair trading possible. One cannot possibly imagine that poverty is created in the service of fair trading. Ask those millions dying of starvation, if they are dying as a result of Fair Trading. If they have any idea at all, as to what you refer, they will say no.

    The truth is that “we give aid” where it is needed to relieve poverty, without explaining that so-called aid is actually credit.

    Our government allows bankers to issue new money as credit. Private financiers have been given a monopoly so to do. There is no other source of new money.

    New money is needed to relieve poverty, which is an absence of money. Therefore it looks good to give new money to relieve poverty, but credit is now a synonym for debt. Thus we use poverty as a means of seducing the poorest of the poor into debt, by claiming that “we give them aid.

    I very much doubt whether you know all this. I cannot believe you are that cynical. I once knew your father quite well and then I am sure he was not aware of what the Conservatives were doing. Labour inherited this practice of issuing new money as credit, from the Conservatives.

    It will be helpful if you look into this matter and speak out against it.


    Doctor Edward C Hamlyn MBChB