British Association for Monetary Reform
  • Home
  •  

  • 2007 Articles
  • 2006 Articles
  • 2005 Articles
  • 2004 Articles
  • 2003 Articles
  •  

  • The Money Text Book
  • Money or Your Life
  •  

     

     

    « Back to Index

    Letter to: Toby Helm. Chief Political Correspondent. The Daily Telegraph. London

    10th February, 2007

    Funding the NHS

    Dear Mr Helm

    When Charles Clarke appeared on the News on Thursday evening, to say “The only way out of the dilemma, which Governments will face in the matter of funding the NHS, will be to charge for core level services”.

    Clarke does not appear to realise that core level services are already charged to the taxpayer, but he imagines that we have only one choice, which is to force the patient to pay twice for what is supposedly a free service.

    The Government could, if it had the desire to do so, relieve the taxpayer, of paying for core level services completely.

    Fund those services from a new source, never mentioned as though it did not exist.

    We may not understand what core level services are, in the mind of a politician, we could state they are the bare necessities of barefoot medical care.

    Or stated another way, the essence of our greatest National Asset, the care of a caring Government.

    Such an asset paid for with new money, minted, printed or somehow newly created by the Government, could not cause inflation, when spent wisely and well, however great the sum or sums required. The reason being, that it would so relieve the stress of hyper taxation, that such an increase in general health would occur, that funding of the NHS would no longer be a dilemma.

    That is the exact opposite of what the existing caring Government is doing.

    The sums involved have tripled since the present Government came to power in 1997. That huge increase has been paid for with new money, issued as credit by private banks.

    The credit must be laundered by the taxpayer, who works for bankers to pay the interest on the credit and then to earn the money to give to the bankers in return for the credit. Credit is the Newspeak word for fresh air masquerading as a means of exchange.

    New Money created in this fashion costs twice as much as what is actually needed. Added to that intelligence the fact that the creation of new money should be the sole prerogative of Government, and we can see how widely adrift Charles Clarke is in his thinking.

    Unfortunately that thinking is but part of a consensus held by Parliament, that we cannot trust our Government to create new money and we must give the privilege to private bankers, in order to make their enormous profits.

    Whosoever creates and issues our currency has Supreme power over us. Bankers use that power to muzzle the Press, so this matter is never mentioned by the Press or by the media.

    The trouble started with the Tonnage Act of 1694 and was shipped across the Atlantic to the USA at Christmas 1913, to form the Federal Reserve Bank of America. It is now global policy and is the reason Fair Trading has turned into commercial warfare, which is the root cause of man's contribution to climate change.

    You may not be allowed to use this intelligence. But the truth cannot be hidden forever and placed in the hands of the chief journalist to our best National Daily, it is automatically on its way to the surface.


    Doctor Edward C Hamlyn MBChB