Repsonse to Comprehensive Spending Review

I am appalled by the austerity measures announced by George Osborne, as reported this week. And even more specifically apalled by the reaction of our, so called 'leaders', locally, to those measures.

It is clear that after all I said to them in the election earlier this year, they have done nothing to make themselves aware of the workings of the monetary system that operates in this country.

The cuts announced in the spending review will do nothing to reduce the national debt, and they don’t come close to achieving the abolition of the deficit by 2015, as has been reported.

Money as Debt

Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is in 5 YouTube Sections.

Financial Crisis and Economic Recession Lecture

London School of Economics Lecture on Fractional Reserve Banking

Date: Thursday 28 October 2010
Time: 6.30-8pm
Venue: Sheikh Zayed Theatre, New Academic Building
Speaker: Professor Jesús Huerta de Soto


A growing number of people are realising that our current money system, which gives commercial banks a monopoly on the supply of money to the economy and throws much of the population into unnecessary debt, is defective and urgently needs reforming. This was the main plank of my General Election Campaign here in Newbury.

On Thursday 28th October the following lecture is being held at the typically mainstream London School of Economics, and is worth attending if you're in the area. It's free.

Who makes the money?

The video below explains in under five minutes exactly where money comes from, who creates it, and why that’s a problem.

Election Literature 1

Three years ago I was putting leaflets like this one through your doors,  asking you to vote  for me in the local council elections.

At that time I was telling you about the dreadful waste of Section 106* money within West Berkshire District Council. Money that was intended to make our lives better,  was being used to    balance the councils books.

Two years later, following a freedom of information request by the Liberals in opposition, the Newbury Weekly News brought the story to the wider public's attention.

 Letters were written, the Conservatives denied  any wrong doing. It was the big story for weeks, until the Liberals realised that at the time of my revelation, they had been the ones in control of the council.The Conservatives were simply carrying on a practice that they had implemented years before. They are both as bad as each other.
(* The money paid to the council by developers to get planning applications approved)

Now it’s election time again, only this time it’s the big one “Parliament”.  But is anyone telling you the truth now? Will they have the guts to tell you what is really happening to the country?

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