Monday 3 December 2012

Under employment

The Office for National Statistics said last week that one in ten of the workforce is under employed.  That is about three million people.  Until the slack is taken up, what chance have the unemployed got?

http://news.bbc.co.uk/today/hi/today/newsid_9773000/9773563.stm
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I'm afraid that this is not a surprise to me, whilst the banks (5 years on) are still not lending. And, this should not be a surprise to anyone who understands our debt based money system. But, there is another way and we do not need this madness to continue.  Have a look at this website for the answer -

Positive Money
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Can you tell me why a government with power to create money should give that power away to a private monopoly, and then borrow that which parliament can create itself, back at interest, to the point of national bankruptcy?

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