03 August 2009
Dear John McFall MP
This is a belated clarification regarding myself in your letter to our Chairman Austin Mitchell MP of March 17. For I am not one of Austin’s constituents, but the organiser of a Forum that has been meeting in both Houses since 1998, as you will see on our archive site www.monies.cc. Thus it will become clear to you that my opinion is not a personal one, but that I promote the concerns of many.
In fact, our analysis is so significant that a human rights lawyer advised us to “go for Parliamentary scrutiny via the Treasury Select Committee”. Hence I’ve attended numerous Committee meetings and gave you a copy of Creating a World without Poverty by Nobel Peace Prize winner Muhammad Yunus.
The Committee has indeed received a number of our petitions, and we wonder when a democratic process might take them into account. However, the Committee not only set its own agenda, but also decides whom to invite for evidence. As a consequence, you are practising what my late husband would have called a “mutual adoration society”: you never invite anybody who has become a victim of the system, nor do you invite anybody who points out solutions to the systemic failures. Instead you invite those who are paid to “do the right thing”, but the reality is the exact opposite, also predicted by my husband who used to work for the Greater London Council.
For example: instead of tackling root causes, a “Ministry of Justice” has the job of supervising companies that make their living out of recovering monies from the injustice of banks having overcharged their customers. I speak from personal experience, should you require “evidence”.
More recently, you participated in a forum of the British Academy where the conclusion was that the crisis was “principally a failure of the collective imagination of many bright people to understand the risks to the system as a whole”. What a way to wash the eyes of HM the Queen!
If the system of financial and political institutions was interested in solving the crisis that it created, then I wonder
- why don’t you take on board our submission to the Stern review Green Credit for Green Purposes?
- why don’t you organise an enquiry into the long-term development of the money supply, the National Debt and the percentage of Cash vs Credit in the economy as we request in Stop the Cash Crumble to Equalize the Credit Crunch?
- why don’t you recommend to your fellow participants at the British Academy the examples of the predictability of the crisis as cited by Dr. Thomas Palley, who obtained his economic degrees in Oxford and Yale?
My mum, who saved me from the bombings of Dresden, needs my care and attention now. Hence I cannot continue to come and admire your Chairmanship. But the web continues to allow us to communicate. So I thought I’d let you know how awareness of “the system” is growing and how there is room to save face, if only there was the political will.
In particular, I’d like to draw your attention to The Oppression of HM Subjects by The Banking System – via EDM 1297 and our related blog that cites cases of victimisation and oppression that anybody concerned should be ashamed of.
Please do not hesitate to contact me should you consider a change of policy in your ways of inviting evidence.
With sunny greetings from Brandenburg, where I keep watching how capitalism rolls into the former DDR,
Sabine
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Organiser, Forum for Stable Currencies
– Room 14 – a foundation for change, for victims of our legal and financial system
– Enforcement of Bank of England Act 1694, an Early Day Motion for grouping cases of oppression to change the law
Stop the Crash Crumble to Equalize the Credit Crunch – 1st online petition targeted at the Treasury Select Committee – with 226 signatures and > 8,200 page views
Financial Fairness for Voters and Taxpayers, please! – 2nd online petition – with 41 signatures and > 1,400 page views
Money as Debt also known as Credit – blog about our core concerns – with > 7,600 views
In the Spirit of the Forum for Stable Currencies – newsblog with > 12,300 views
Political summary with > 2,500 views
Archive site with > 10,400 views
Expanding Dr. Yunus’ Sphere of Influence – Social Business and the Future of Capitalism – with > 19,400 hits
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Filed under: Challenging the Recession, Current Law, Engaging with MPs, Financial Fairness, Future laws, History, Treasury Select Committee Tagged: | Chairman, Treasury Select Committee
