UK Libertarian Blog
Submitted by Brit4RonPaul on Mon, 10/06/2008 - 05:54
A few people on the Daily Paul were under the impression that I was Matt Davies, the owner of the Brits4RonPaul blog, which is linked to on the Daily Paul.
Well, with my screen name, can you blame them? I'm not Matt. Sadly Matt hasn't updated his blog for a long time. Matt is/was a member of the UK Libertarian Party.
I read their manifesto a while ago and I was not impressed as it didn't seem to have any connection to Austrian Economics.
However, an unrelated google search turned up this blog by another member of the UKLP.
Its not a bad blog. It gives the nod to Von Mises and makes me think that maybe these guys are more clued up than I thought. I might even join!
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Monetary Policy Highlights
Policy Highlights
1. Removal of all legal tender legislation except in [9] below
2. Removal of all additional (VAT etc.) taxes on precious metals
3. Allow free banks to operate how they like with their own currencies (enabled by [1])
4. Only the Government shall be permitted to perform fiat issuance of pounds Sterling. Banks must either use foreign currencies or issue their own Bank Money
5. Sterling held in on-demand deposit accounts to be 100% reserved by any bank handling it. Banks have always been free to create investment accounts to enable on-lending
6. New pounds Sovereign currency to be introduced, 100% backed by gold
7. Sovereign to incrementally replace Sterling as gold reserves allow
8. Payments to government (taxes) and payments by Government to be in pounds Sterling or pounds Sovereign
9. Only pounds Sterling and pounds Sovereign will be "legal tender" in regards to the obligation to accept as payment for debts
10. Existing pounds Sterling fiat debt to be reduced systematically within the first parliament
11. The various Bank Money, pounds Sterling and pounds Sovereign shall float against each other
http://lpuk.blogspot.com/2008/09/monetary-reform-lpuk-policy...
The People's President
Ron Paul R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution 2012
Interesting.
I never saw that on the manifesto. Sounds like a (rather detailed) transitional program.
Point six gets my vote :-)
Are you a member, UKLooney?
"Being an old farm boy myself, chickens coming home to roost never did make me sad; they've always made me glad." - Malcolm X.
Proof that "Money As Debt" and Zeitgeist Addendum are full of bull:
http://www.freedom-force.org/freedomcontent.cfm?fuseacti