correct me if I'm wrong, but.....
steve at envisioneer.net
Wed Aug 1 11:58:03 BST 2007
> > ADDING 1) , 2) , AND 3) TOGETHER:
> > WE FIND THAT WELL OVER HALF OF EVERYONE'S WAGES IS PAYING INTEREST ON
> > LOANS TO THE BANKERS....*
> > * *
> > *IF WE _SIMPLY ABOLISH USURY_, WE CAN WORK HALF THE HOURS WITH THE
> > SAME WAGES IN OUR POCKET, DO HALF THE DAMAGE TO THE ENVIRONMENT IN
> > EMPLOYMENT, *
> > * *
> > *_AND_** SPEND TWICE AS MUCH TIME WITH OUR FAMILIES OR IN THE PUB, OR
> > WATCHING TELLY, COOKING BEAUTIFUL MEALS, OR GOING OUT TO THE
> > COUNTRYSIDE,.... (+:
Not only is this a conservative estimate of the true extent of debt
slavery, the real miracle is that all that money lent out by the banks
in the first place is TOTALLY imaginary!!! Known as fractional reserve
lending, what it means in practice is that banks create virtual money
by typing a number in a computer, then lend it to you for REAL returns
i.e. your time, work and life.
Beats land ownership as a means of oppression hands down, since you
can't create imaginary land to rent out.
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