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Byron Shire
April 22, 2024

Banks creating credit out of nothing

Latest News

Mullumbimby railway station burns down

At around midnight last night, a fire started which engulfed the old Mullumbimby railway station. It's been twenty years since the last train came through, but the building has been an important community hub, providing office space for a number of organisations, including COREM, Mullum Music Festival and Social Futures.

Other News

REDinc’s new Performing Arts Centre is go!

It’s been a long wait, but two years on from the 2022 flood REDinc in Lismore have announced the official opening of a new Performing Arts Centre.

Statement of faith leaders following attack in Sydney

NSW Premier Chris Minns and Minister for Multiculturalism Steve Kamper have released a joint statement from a diverse group of NSW faith leaders, in an effort to calm tensions following the recent knife attack at Christ The Good Shepherd Church in south western Sydney.

Mayor defends promoting sale of Wallum lots

Is the role of mayor Michael Lyon as a negotiator with Wallum developers, Clarence Property, compromised? With talks with...

All those macas and the Festival of Love

This season’s organic nuts have not been harvested so it is a harvest festival where festivalgoers can pick five kilos free as part of their festival entrance fee which is payable in the new paper money being launched at the Off-Grid Macadamia Festival of Love, to be held at Macas Camping Ground where The Elders of Gaia will be discussing how to get back the many freedoms recently lost and get sanity into local, national and global management.

Wallum urban development back in court

The company behind the Wallum housing development in Brunswick Heads is once again taking Byron Council to court, this time for allegedly holding up its planned earthworks at the site in an unlawful manner.

Northern Rivers Recovery and Resilience Program announces 36 projects

Bridge expansions, upgraded pumps, enhanced evacuation routes and nature-based projects are just a few of the 36 projects being...

Christopher F. McIlrath, Main Arm.  

If we were to see just a little of the big picture we would notice that ‘Humanity’s greatest achievement will be peace’.

Those who strive in that direction may be derided by the ignorant, the idle and the vain but they are undeterred because obvious truth requires activists to be courageous and rise above criticism.

One of those is certainly Dr. Liz Elliott, the author of A New Way Now, a splendid recent book replete with practical local and global solutions,.

For those who have the balls to carve through the vast layers of propaganda brilliantly designed as news, education, politics, economics and the rest of the complete non-sense sold by the military industrial complex as reality, Liz reveals the secret magic by which we are controlled and hypnotized into mental slavery and manipulated into embracing the extinction of any meaningful life on Earth.

Cockroaches and bacteria may survive but humans will not unless we quickly acknowledge the cognitive dissonance we all feel. Truth is far from what is stated by the mainstream media, which also omits love as the currency of happiness or health as wealth.

Several world leaders yesterday (July 1, 2017) in Strasbourg spoke in highly exalted terms about Helmut Kohl and his contribution to the unification of Germany, much of Europe, his honour and legacy to work together for the benefit of mankind.

What these flatterers and the flattered failed to state is that their nations are the world’s largest manufacturers and distributors of industrial killing machines and nuclear weapons.

When the hair-do president of the USA boasts of the latest of a long series of sales of over US$100 billion of weapons of mass destruction to the Middle East do we think this is a contribution to world peace? I still cling to rapidly fading hopes he will do some good and wonder if he really got a Manchurian chip among his hair transplants.

When we see ISIS and the rest of the ‘false flag’ and phony terrorists firing automatic weapons and bringing down planes with heat-seeking missiles where do we think those weapons come from? Do they forge them from rocks on camp fires in the desert?

If you call the Reserve Bank of Australia, as I have done, or any of the world’s central banks they will tell you, ‘There is no limit to the amount of credit the trading banks can create from nothing’.

While studying law at Southern Cross I wrote an assignment titled ‘Banking is Fraud’. The Dean of the Faculty of Law saw the assignment and told me, ‘Yes, banking is fraud’.

An increasing number of people now know that the banks lend money they have keyed up on a computer screen from nothing. This must be stopped if you want the human species to survive.

The person who, some weeks ago in the Echo’s letters to the editor, dismissed Liz Elliott’s book as being utopian – clearly without having read it – may wish to move from Byron Shire to the Gold Coast, thereby increasing the average intelligence of both places.

Yes the ‘old nugget’, as Mungo describes the above quip, emerges again.

 


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