Principal Issue

PRINCIPAL ISSUE

John Woodward candidate for Wide Bay

The Principal Issue in this election is to end “Debt Slavery” by ending the debt based monetary system whereby over 98% of our money supply is issued by International Banker controlled banks as debt to the government and the People. The government can issue 100% of our money supply debt free as was recently proved when the Reserve Bank of Australia (Owned by We the People) typed into a computer $130 billion, thus creating money out of thin air, and made it available to the government for JobSaver. No Josh we don’t have to pay it back to ourselves.

A government owned People’s Bank could issue money debt free and end the need for taxation and the need for the government to borrow money. Sir Dennison Miller the Governor of the then government owned Commonwealth Bank, the “Peoples Bank”, said in 1921: “The whole of the resources of Australia are at the back of this bank, and so strong as this continent is, so strong is this Commonwealth Bank. Whatever the Australian people can intelligently conceive in their minds and will loyally support, that can be done”. In other words, that which is physically possible can be made financially possible by a government owned People’s Bank issuing debt free money backed by the “productive capacity of the People of Australia and the resources of Australia.” After all we don’t need digits on a computer (money) in the City of London to build a road, we only need workers, materials and machinery.  Any necessary digits on computers can be made available by our People’s Bank.

This money does not need to be backed by gold or a basket of precious metals. Its value comes from the fact that it is backed by the “productive capacity of the People of Australia and the resources of Australia” and can be used to purchase the “produce of the People of Australia and the resources of Australia.” The International Bankers have had a virtual monopoly on the issuance of money worldwide for over 100 years. (At least since the establishment of the International Banker owned Federal Reserve Bank of the USA in 1913.) Common sense should make it obvious that by this time they own and control most of the gold and precious metals and their means of production. Requiring that our money be backed by gold or a basket of precious metals would put control of our money right back into the hands of the International Bankers and We the People would be their slaves again.

This is not a new Idea. During the American Civil War, United States President Abraham Lincoln issued debt free Greenbacks (money) and said: “The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers….  Money will cease to be master and become the servant of humanity. Democracy will rise superior to the money power.”  Shortly after in 1865 the Rothschild banker controlled The London Times printed the following: With “ that ….. mischievous financial policy….. that government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history ……of the world… That country must be destroyed.”

In 1937 the Australian Royal Commission on Money reported: “….the Commonwealth Bank (government owned Peoples Bank) can lend to the government or to others in a variety of ways, and it can even make money available to the governments and to others free of any charge…” Mr. Justice Napier, Chairman of the Commission, was asked to interpreted and stated: “This statement means that the Commonwealth Bank can make money available to governments or to others on such terms as it chooses, even by way of a loan without interest, OR EVEN WITHOUT REQUIRING EITHER INTEREST OR REPAYMENT OF PRINCIPAL.”

The “Peoples Bank” was killed off by Labor’s Bob Hawke when he commenced the privatisation of the government owned Commonwealth Bank. John Howard Liberal and Paul Keating Labor finished off the hit job.

When elected I will: 1. End the debt based monetary system by re-establishing the “Peoples Bank”; 2. End taxation of the People; 3. Prohibit the government from borrowing money. Naturally, this will need the support of other members of the House and Senate. We need the People to hear this message and vote for candidates who adopt this financial policy.

This financial policy makes all other policies possible. For example: Free universal insurance, generous no questions asked age pensions, keep working without effecting pension, full employment and prosperity for all, interest free home loans, free medical and dental, no revenue gathering by law enforcement, end environmental degradation, no vax mandates and proper safety testing of vaccinations, whatever the Australian people can intelligently conceive in their minds and will loyally support. “Heaven on Earth”.

John Woodward     12/5/2022

www.enddebtslavery.com.au