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December 17: Nationalise UK money supply to reduce debt

December 17: Nationalise UK money supply to reduce debt

Friday morning’s scribes focus on banking reform, Jesus’ teachings, the validity of green energy and the efficacy of NHS 24.

Nationalise UK money supply to reduce debt Sir,-The Bank of England should be nationalised and renamed the Bank of UK.

It could then set a financial example to the rest of the world by issuing as much of is own currency as needed to manage our economy. Nothing is crazier than a government paying loan interest to other countries. This is seen at its craziest in the Irish bailout.

Ireland is to contribute to its own rescue fund. It will obviously have to borrow this amount and pay interest on it.

None of this money exists. It is all digits artificially created and circulated by banks, not real notes or gold issued from stocks held. It is because banks are allowed to lend at interest many times the “money” they have in reserve that national debt will always exceed national production.

There is nothing to prevent new money being produced, as required, to finance road-building, defence, hospitals and the like with no interest levied. That would allow a major boost by reducing taxation, a punitive amount of which currently services unnecessary loan interest.

Banking is parasitical and produces nothing while living on those who do.

Robert Dow.Ormiston Road,Tranent.

Flawed theory or original sin

Sir,-The idea that Marjorie Ferguson (December 11) puts forward that we are all sinners because some fictitious woman ate an apple is a contemptuous, disdainful one.

That Christians actually think that we are all guilty of crimes that were committed before we were born is laughable.

She tells us that the message of Jesus is the only way to salvation.

I often wonder if any of your Christian correspondents have actually read the Bible or if they rely on what their clergy tells them.

Jesus’s message includes the instructions that slaves are to obey their masters, that we should stop what we are doing, abandon our families, jobs and lives, have no thought for tomorrow and not save for retirement because the end is coming.

Perhaps, worst of all, is the idea that we should love our enemy.

Marjorie Ferguson can love the al Qaida suicide bomber if she wants.

There are far better teachers and moral leaders than Christ who brought about the enlightenment and democracy.

Not least Aristotle, Socrates, Thomas Paine, Jefferson and Madison.

These men’s ideas lead to the building of the modern world and Western civilisation.

Alan Hinnrichs.2 Gillespie Terrace,Dundee.

Green dream melting away?

Sir,-James Christie (December 15) dismisses Dr Lindsay as “a sceptic who only believes the science that gives comforting answers.”

Recent disclosures which must have been less than comforting to Mr Christie include polar bears are not endangered and numbers have increased, sea levels have not risen for 25 years, the Himalayan glaciers will not vanish within 25 years, temperatures have not risen since 1995.

In addition, Denmark and Germany admitted that wind turbines are an expensive and failed experiment.

I suggest that Mr Christie might be a green zealot who only believes the science that gives “comforting answers.”

Clark Cross.138 Springfield Road,Linlithgow.

British jobs for British workers

Sir,-It is reported that there are nearly seven million people living in the UK who were not born in this country.

Do they all have jobs?

Probably not and, if not, there must be many who are on benefits or others taking up jobs those with an indigenous ancestry could fill.

If Prime Minister David Cameron wishes the unemployed to have jobs, then surely some preference must be shown to those whose ancestors’ blood, sweat and tears soak our native soil.

Instead of targeting the sick, feeble and aged for benefit cuts, we should look to those who have no right to be in this country.

Our coalition government might also look to bringing in a stricter tax regime for nondoms.

Leslie Milligan.18b Myrtlehall Gardens,Dundee.

Monday’s what doctor ordered

Sir,-Many people hate a Monday morning as it heralds the start of another working week.

Others, however, take a different view those who are ill and particularly the elderly. The doctor’s surgery will be open again after its weekend closure.

NHS 24 is, of course, available outside surgery hours but even phoning that service can be a gruelling experience owing to the string of questions put to you. And, when you are really ill, that can be difficult.

Before the introduction of NHS 24, it was normal for even a doctor in a single GP practice to turn out at all hours,

But, now, with several doctors in a practice, not one is available outside office hours.

Ian M. Malcolm.2 Morton Crescent,St Andrews.

Drivers to blame for road chaos

Sir,-Will the latest weather warnings be enough to keep those who caused the problems on snowbound M8 last week, namely unprepared or ignorant drivers, off the roads?

Common sense is apparently not a necessity for most of those caught out by last week’s problems and certainly not a prerequisite for those on the Unionist benches of the Scottish Parliament who forced the resignation of the now former transport minister Stewart Stevenson.

Bob Harper.63a Pittenweem Road,Anstruther.

Get involved: to have your say on these or any other topics, email your letter to letters@thecourier.co.uk or send to Letters Editor, The Courier, 80 Kingsway East, Dundee DD4 8SL.