Sign Petition To Stop Fractional Reserve Banking

[just_me]

http://petitions.pm.gov.uk/Public-Finance/

1. Pay off the debt with debt-free UK Notes.

As Thomas Jefferson said: "If the US can issue a dollar bond, it can issue a dollar bill". Same for the UK.

2. Abolish Fractional Reserve Banking

As the debt is paid off, the reserve requirements of all banks and financial institutions would be raised proportionally at the same time ...

3. Repeal of the Bank of England Acts and Charters This will remove the private banking monopoly's ability to dominate the money market and give control back to the Department of Treasury

4. Withdraw the UK from the IMF, the BIS and the World Bank

These institution like the Pound Sterling are based on debt control by private banks and unless they too can be reformed they will continue to create the debt lock. They are not needed for currency exchange either.

5. All decisions and appointments should become public.

Supply should be kept slowly based on population growth and purchasing power.

http://petitions.pm.gov.uk/Public-Finance/

[bicycle]

bump

[nafenisr]

Petitions never work (in my experience)...and I don't mean because not enough people sign them (they do). It's just that they are ignored.

[bicycle]

Petitions never work (in my experience)...and I don't mean because not enough people sign them (they do). It's just that they are ignored.


Any other suggestions would be appreciated:)

[nafenisr]

Any other suggestions would be appreciated:)

I gots nothin. Methinks we's fucked.:(

[bicycle]

I gots nothin. Methinks we's fucked.:(

I'm not sure about where you live, but here in Cambridge (UK) we have Camlets:


There are over 450 independent LETS schemes throughout Britain involving over 40,000 people. These work similarly to CamLETS, namely through alternative currencies to the pound and allow individuals, groups and small businesses to exchange goods and services within their local community without the need for money. More information and listings of all local schemes from LETSLINK UK.

Other useful national sources include:

*

The New Economics Foundation, a radical think-tank bringing together the ideas, people, resources and influence to challenge business-as-usual
*

GreenChoices, a portal site for sustainable living, with a special section on ethical money.

Closer to home, the following organisations in the Cambridge area provide useful information:

*

Only Connect, the 'other' LETS scheme in Cambridge. It works on a system of vouchers rather than credit notes (more like a local cash economy). The website is a bit out of date, but the scheme is still flourishing.
*

Cambridge Online City, an information portal for organisations and groups in the area.
*

Rainbow Network Cambridge hosted by CamLETS member Ralph Nimmann, provides links to a range of different groups and activities in the Cambridge area.
*

209 Radio, Cambridge's Internet-based Community Radio features "Ralph's Positive Hour" on Sundays. Sunday 17th April 2005 carries an interview with Camlets members.

http://www.camlets.org/links.html