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    Letter to: The Editor, Daily Telegraph, London

    26 June, 2007

    Bamboozled concerning Sovereignty

    Dear Editor

    “The Euro ratchet now de jure”.

    “Who creates and issues our currency has supreme power over us and is above the Law and above Parliament”. The New European Constitutional Treaty signed by Tony Blair before departing, contains the Euro and makes it legal.

    The Euro will be created and issued as credit by a private central bank in Frankfurt Germany. A German chancellor will hold the reins of power for the whole of Europe. Even if we had a referendum, the fact that the Euro will be issued as credit by a private bank will not be in public view. The placing of Great Britain under the heel of a near NAZI Germany will not be visible. So that if we say yes to the referendum, we agree to unconditional surrender to Germany, without being told what we are doing.

    It will be done in total ignorance. It would be nice to know why you are so coy in even mentioning the Euro in this context. The pound is already created and issued as credit by a private English bank, which imposes a press embargo on the matter ever being mentioned.

    The use of credit as the world’s currency is such a diabolical fraud that no member of the press should stoop so low as to condone the practice with silence. The Oxford English Dictionary states that “counterfeit means imitation with intent to deceive”. Credit is an imitation of money intended to deceive the borrower into believing that he has the use of money which actually exists.

    Such is not the case, money only exists when the law states that the acceptance of credit as a loan, means that the borrower now owes money. The borrower then earns real money with which to redeem the loan and pay the interest in the interim.

    Because the credit was free to the banker of who “lent” it, it matters not whether it is redeemed but the banker likes to receive the interest which the borrower can pay by going deeper into debt. These debts now run into many trillions of pounds. So huge are these debts that they can never be redeemed. As a result we are enslaved by debt and we are “in debt to the company store”. We are being led like lambs to slaughter and no one to say us nay.

    I will find a way to make this known. I have made a promise that when anybody comes to know, without passion or confusion, the correct use of money, that person will have enough understanding of economics to free every man, woman and child on Planet Earth from poverty. Poverty is manmade. “Poverty does not occur in the wild”. Poverty only exists because we agreed to allow it to exist.


    Doctor Edward C Hamlyn MBChB