ROSS FALLEN
Aramoho
Vigilance needed
"If we adopt a resource-based economy, our actions can be defined simply by our moral code, not by our bank balance," wrote correspondent Charlotte Osmaston (August 10).
I thank her for such a neat summary of what Social Credit has long stood for. Something one or two other parties claim to uphold but are restricted by their allegiance to an immoral financial system which demands exploitation of resources (e.g. deforestation and farm overstocking) in a futile attempt to service compounding debt.
In a resource-based economy, opportunity cost is the correct measure for deciding what physical and human resources need to be employed, i.e. what would be the next best use of those inputs.
This is in contrast to what a former Labour spokesman on the environment told me -- that it is interest (on loans) which gives you the true cost of a project. What rot -- no wonder it is assumed by successive governments that our mainly offshore creditors have the divine right to a huge helping of public revenues when the infrastructures we need can be legally funded by our own central bank.
But even in a resource-based system, attempts will be made by a powerful elite to commandeer any scarce factor of production. Hence the absolute necessity for democratic control over our economy and the constant vigilance needed to ensure it.
HEATHER MARION SMITH
Gisborne
Another invasion
The local tribes virtually gave away the Whanganui block for the obvious advantages of trade and progress. A long farewell to the land was carried out near Roto Mokoia (Westmere lake) and that area was named Mihingaroa (the lengthy acknowledgment).
The Maori people were urged to leave the Pakeha occupants in peace on their lands. But soon after that, much more land was wanted.
Maori refused all sales.
A deposit of 500 pounds was paid to one Maori as a deposit on the Aokehu block. That was the land between the Western line and Kai Iwi.
The unauthorised seller was instructed to return that deposit but was unable to do so. There was much agitation by settlers for more land, which ultimately led to war, invasions, confiscations and creeping confiscations through all sorts of legislation -- including taking possession of all the fish in the sea, or what's left of them. The Foreshore and Seabed Act.
And now they are going to confiscate the offshore seabed. We were informed by the Government that our unjustly confiscated lands could not be returned because they are now private lands.
So perhaps Maori should be awarded all of the income from the rape and pillage of the seabed.
POTONGA NEILSON
Castlecliff
Last days
Re Stephen Palmer's letter (July 11): US, Russia, Britain, France, China, India, Pakistan and Israel all have nukes. That's eight nuclear powers. Why not North Korea and Iran? Guess two more won't make much difference. That's 10 nuclear superpowers sharing the same planet. Yay us!
North Korea is constantly threatening the US, and Iran wants to wipe Israel off the map. But still, neither of them started two world wars.
While our attention is elsewhere, we must continue to watch Europe.
Her history demands it, and history repeats.
Even now, Europe's migrant crisis is the worst since World War II (repeating pattern).
The 2008 financial crisis, reminiscent of the 1929 depression: no jobs, no money. Europe looked for a strong leader; enter Hitler!
Europe may appear fractured but it is their Catholic faith that unites them. Watch Europe as she convulses into a superpower behemoth, united by 10 kings or kingdoms (Revelation 17:12). And watch Israel, surrounded by her enemies; poor Israel, the peace process is indeed her open wound.
When East Jerusalem is conquered by the Palestinians, this is the first domino to fall.
The only global warming we should be concerned about is thermonuclear!
Daniel 12:4: But you, Daniel, shut up the words and seal the book until the time of the end. Many shall run to and fro and knowledge shall increase.
The return of Christ is imminent! Men and women of the Earth, prepare to meet your God (for the very first time)!
I MANTLE
Whanganui
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