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    Self Inflicted Taxation

    5th December 2006

    We all pay far more tax than is needed, merely because we cannot take the trouble to see fraud, which stares us in the face.

    An economy is a living thriving thing, that grows and prospers. Otherwise it is something else, a road to debt slavery.

    We as a nation are on the road to debt slavery. We as personal individuals owe debts of £1.2 trillion. That looks like this, when written in full. £1200,000,000,000 That is more money than we can ever repay in what remains of eternity. Already we add to that debt every year by more spending and by borrowing more to pay the interest.

    Why is this? This is a new phenomenon never before experienced in peacetime. Now, you need to take the trouble to know and understand what is happening to cause this disaster. It can only happen because you fail to know and understand, that you are the victims of fraud. You can only suffer fraud by being unaware of it. Our Government allows the bankers to create and issue new money as credit.

    New money is needed all the time to service economic growth, if the economy is financially viable.

    We are forced to create new money because the Government has given the privilege of creating new money to the bankers. It should be the sole prerogative of the Government to create new money. Any money created by any other source should be designated as forgery, designated counterfeit money and its creation a criminal practice.

    No Government has ever been given a mandate from the people to delegate that responsibility. But now the credit industry has taken over and we are hopelessly in debt. We are in debt because the banks do not issue new money but issue credit instead, which is not money.

    The meaning of the word credit has been changed and today credit means debt. The banks create debt and by calling it credit and presenting it to us as a means of buying what we want, the bankers land us so deeply in debt that we are enslaved. We either work for the bankers or we starve. We need money to buy food.

    These are simple facts of life, they become very real when we try to live off a pension. You are allowed to believe that when you accept credit as a loan of money, that money exists as gold or something, which belongs to somebody else.

    Not true. You create money by accepting credit as money and then you use the credit to earn the money to redeem the loan of nothing. But you also pay interest on the credit. Credit which you use to earn money. Can you see that you end up having paid double for what you borrowed.

    But you are not the only one to do this. Your Government borrows £30 billion plus each year to pay the interest on the credit which the Government must redeem along with £30 billion of interest, both provided by you in the form of taxation.

    Can you feel your brain start to creak. That is why you give up, look away and think of something pleasant. And that is why taxation is self-inflicted. You would not tolerate this scam for a moment, if you knew and understood this essay.


    Doctor Edward C Hamlyn MBChB