To Bring Financial Corruption in the Water Industry to an End

Dear Mr George

We have in the South West, a wonderful opportunity to use the disgust generated by Pennon, to introduce new technology, with which to bring financial corruption in the water industry to an end.

The cost of the product, ie water, is virtually nil. But the profits to be made out of costs are enormous. The supply of water is a State service or it should be. That is what a utility should be.

Pennon has turned a State utility into a profitable private money maker. As you say, Pennon has a licence to print money.

Let me explain how it is done. The money to build reservoirs, sewage works and to lay new mains, does not exist. New money will be required to service economic growth and enable the economy to prosper. Such is a necessity for the whole Nation and new money minted or printed or somehow created by the Government and spent wisely and well, for that express purpose, cannot cause inflation, how ever great the sums involved.

But allowing the banks to issue new money as credit and getting us to launder that credit and turn it into money, whilst paying compound interest for its use, is inflationary and impedes progress..

The banks have a great deal of power and use their power to keep this corruption tightly muzzled.

But fury is mounting. The gaff will get blown. But time is running out. We are about to enter Europe and the New Federal [German] Constitutional Treaty of Europe will be in place. It will become a criminal offence for me to write this letter. Only the Lib Dems have the wisdom, the vision and the love of Freedom to act before it is too late. Kindest regards and affection.

Doctor Edward C Hamlyn MBChB

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