The Guardian Political Review

Issue archive
Published by NZ Democrats for Social Credit
Editor: Tony Cardy

The Guardian Political Review

New Zealand's foremost political magazine, specialising in the monetary reform question. It has a world-wide distribution and contains articles from experts in taxation, water purification, health, housing affordability, international energy situations and other current issues not prominently featured elsewhere. We hope you find our archive informative and thought provoking.

Change the game
Jeremy Clarkson is in top gear when he says government is not telling us the truth: “Instead of telling us straight, it calls the crisis the ‘credit crunch’ to make it sound like a breakfast cereal... but money could cease to function as a meaningful commodity” (p.5). US Congressman Dennis Kucinich agrees: “The whole thing comes down to a debt-based economic system collapsing. In effect what we have done is to bail out Wall Street and we have got to change the game” (p.9). New Zealander John Rawson, explains that there is nothing natural behind the situation: “No disaster has caused crops to fail, nothing physical has occurred to hinder production of goods or services – what we have is simply a glitch in our financial accounting system, which clearly needs reform” (p.20).

Former US government administrator Richard Cook proposes a comprehensive series of measures that would transform the debt-based monetary system into one based on the productive values of the physical economy. He calls this ‘Dividend Economics’, quoting the example of social credit (p.12). The Archbishop of York says, "When the day of reckoning came, the winds of truth blew away countless houses of cards. We have entangled ourselves in the chains of debt. The economy is our servant and not the master" (p.6). Even former Finance Minister Michael Cullen now admits: "Failure to address the underlying causes of the current crisis will mean the next one will be worse - it is clear the time has arrived for a real change" (p.23).

At the 2008 General Election, Democrats for social credit increased its share of the vote by 12%. The tough times ahead will convince many more New Zealanders to “change the game”.
Hurting? We Care!
It's official. New Zealand is now in a recession.

Appropriately, our last issue included a message entitled Heading for a Recession. In it, Democrats for social credit leader Stephnie de Ruyter stated: "A recession is an inevitable consequence of global dependence on a system which is seriously flawed. Fundamentally, this is a systemic failure. Systems are man-made and must be regularly examined for effectiveness and relevance. If a system is examined and found wanting, it should be replaced by a viable alternative."

The flawed system is now having repercussions worldwide. The level of debt is horrendous. United States' debt alone exceeds $48 trillion - and rising rapidly (p.6.). The problem of escalating debt can only be solved by "a rejection of the debt-based financial system in favour of a programme of contemporary social credit monetary reform" (p.3)

In a recent newspaper article, Stephnie de Ruyter warns that unemployment and prices are rising, business profits declining, and the stagflation cycle is likely to get worse and turn into something nastier. Significantly, it was headed: "Funny money no more" (pA).

Global liquidity is now ten times world GDP and "the clear message for New Zealand is that the highly rewarding borrowing game of the past decade is over" (p. 7).

People need to look beyond greed, to social and economic justice. To look for policies that strengthen communities, reward enterprise and safeguard the environment (back cover)

I remember a church billboard, which said: "Hurting? We care!" Its simple message impressed me at the time. Now, people are hurting - financially and environmentally. And we care!
Courage to Change
Six years ago Les Hunter published 'Courage to Change'. He asked if we are doomed to drown in our own debt, and said that having the courage to make change may determine the future of democratic society.

The same theme was echoed by John Pemberton, deputy leader of Democrats for social credit, in his speech to Conference 2007: "Anger is mounting throughout New Zealand. Interest rate increases have made housing unaffordable, water and rates increases unbearable, business survival difficult, and inflation that eats away our incomes faster than we can earn them" . (p.27)

There is no doubt that inflation is out of control. In 1874, Charles Dickens estimated that workmen would be earning as much as five guineas a day by the year 2374. In 2008, 366 years earlier, how much does the average person in New Zealand need per day just to survive? (p.20)

"Either policies based on existing choices will suffice to get the world through the deepening crisis or those choices will not suffice. It's one or the other".(p.5)

Democrats for social credit stand for social and economic justice, offering policies that strengthen communities, reward enterprise and safeguard the environment. They are the policies for today - relevant,
forward-looking and unique. (p.28)

Party president Neville Aitchison points out that a great movement is lived out in the lives of those who work in its name. He quotes Mother Teresa: "Give the best you have, and it will never be enough. Give your best anyway". (p4)

To John Pemberton, the last word: "The status-quo must continue to be challenged. We will fight to reclaim a real ownership stake in our country. New Zealanders need Courage to Change."
Sharing the vision
The 2007 Annual Conference of Democrats for social credit was "a good humoured and buoyant affair".

Five years ago at the same venue, delegates chose to break away from their existing political alliance in order to become, once again, an independent political party.

But was this the correct decision?

Retaining the "status-quo" held out the hope of regaining Democrat representation in parliament. But subsequent events proved that this would not have been achieved and, in all probability, the party name and its principles would have been subsumed past the point of no return.

As it is, the name and policies of the transformed Democrats for social credit are now receiving wider public recognition and the longer-term goal of parliamentary representation is not an impossible dream.

The Reverend Canon Peter Challen sees a plan unfolding:
"Democrats for social credit are an important part of the challenge to the serfdom of the status quo.. .in providing and communicating a model of a new economy. " (p.5 )

In its editorial, a major newspaper stated: The Democrats for social credit are promoting afresh the financial reforms that have been a core element of their policies for more than half a century. (p.4)

The South Pacific News Service commented "the Democrats for social credit are engaged in a revitalisation and rejuvenation process", and referred to submissions being made by the party. (p.4)

The Submission to the Independent Inquiry into Local Government Rates was reproduced in our last issue. Prepared by deputy leader and finance spokesman, John Pemberton, it was given feature coverage in The National Business Review. According to this establishment publication: "The most unorthodox submission to the select committee on housing affordability comes from Democrats for social credit, which promotes its theory of community credit". (p.26)

The latest Submission to the Independent Inquiry into the future monetary policy framework by John in co-operation with vice-president Katherine Ransom, is another "outstanding document" (p.10)

And the widely-read national publication, The NZ Listener, has published a letter from Katherine on "NZ's Way to Wealth", spelling out the real cause of our economic woes and giving the solution that would "transform New Zealand into a world-leading example of democracy, equality and prosperity".

Significantly, the status of the author was given for all to see: "Vice-President, Democrats for Social Credit". (p.6 )

In 2002, the then newly-elected leader Stephnie de Ruyter said "it takes confidence in our beliefs to step out from the shadows and into the spotlight of public scrutiny. It's time to share our vision. "
The times they are a'changing

The Sunday Star-Times recently published a feature headed: 'FUNNY MONEY'.(p.7)

This tag was used in the past to denigrate monetary reformers. It now describes the actions of international currency speculators; the "global gamblers" who are "making a quick buck off the Kiwi dollar." Incredibly, the international foreign exchange market buys and sells an estimated $2-4 trillion every day.

As Stephnie de Ruyter so aptly puts it: "Isn't it delicious to see journalists re ferring to the debt-based financial system as 'Funny Money'. The times may be a'changing after all!" (p.7)

Younger people are being attracted to Democrats for social credit because, as described by Derek Papps, "No other party has a message or policies as fundamentally important". (p.10)

27-year-old Les Port is a welcome addition to the Party Executive. He believes that social credit philosophy "is imperative to the continued prosperity of the New Zealand populace and that the promotion of these ideas is the key to success." (p.5)

In Bob Dylan's timeless words:
"Come senators, congressmen
Please heed the call ...
There's a battle outside
And it is ragin',
It'll soon shake your windows
And rattle your walls
For the times they are a-changin."