All power corrupts; absolute power corrupts absolutely
October 12th, 2007In 1870, Pope Pius IX issued the papal bull that declared the doctrine of papal infallibility.
Lord Acton, 1834-1902, an erudite
British liberal Roman Catholic and philosopher penned these words around 1870 — ‘all power corrupts; absolute power corrupts absolutely’ — known today as Lord Acton’s dictum. This was in direct response to the power claimed by the pope!
Some 10 years earlier, Lord Acton became editor of a local Roman Catholic monthly paper in Britain, and his view, though of a sincere Roman Catholic, was hostile to the strong emphasis on the prerogatives and powers of the pope. His independence of thought and liberalism brought him into conflict with the Roman Catholic hierarchy. The pope declared in 1864 that the opinions of Catholic writers were subject to a committee of Cardinals! Then, Lord Acton went to Rome to plead against the proposed doctrine of “infallibility”.
His full quote is:
“And remember, where you have a con-centration of power in a few hands, all too
frequently men with the mentality of gang-sters get control. History has proven that.
All power corrupts; absolute power cor-upts absolutely.”
The good money
The Australian people for near 30 years post WW II had lived in a land of near milk and honey.
The ALP had set the reconstruction schemes, especially the soldier settlement farm schemes. Return soldiers applied for blocks (Victorian schemes) with a 7 year lease and generous capital inputs. After showing farming ability, the 7 years lease was converted to a 55 year sinking fund at a frozen 2% interest with the capital repaid in very small increments, by the settler or his spouse or direct descendant, up to 2010. If and when you sell you pay back the residue of capital. (note: the Author’s
father was a soldier settler, paying off the 2% interest and capital at six monthly increments at exactly the same money as in 1955!)
At just 2%, this fund became a net earner to the Victorian Treasury by the mid 1980’s, which makes no allowance for the great benefit of the largest decentralisation scheme in Australian history. At the same time the federal, NSW and Victorian Governments built the fantastic Snowy Mountains Scheme (SMS) to divert water to the dry inland, and generate hydro-electric power. As an engineering feat is was a world marvel. They broke world tunnelling records, and organised all other engineering works on a grand and magnificent scale. The money, $720 m, was created out of thin air by the Commonwealth
Government, and $100 m from the World Bank repayable over 70 years, and paid off from later sale of the hydro-power sold to NSW and Victoria, per 1959 agreement. The irrigation water was supplied free to the NSW and Victorian Governments.
The problem is how, has privatisation affected this?
Note: this is species money, created by the Government and thus the people, to fund wealth generation and or welfare for the people. It is in sharp contrast to fiat money, which debases the currency.
We then assisted thousands of WW II refugees from Europe. Many former enemies built the SMS together, and the residue of that vast resettlement was to add a new dimension to Australia’s cultural scene.
The next giant scheme was the Ord River Scheme finished in 1967. It is only coming to fruition today, because of unexpected pest problems encountered on the farms. But then it stopped. Massive iron ore deposits were discovered in the early 1960’s in the Hamersley Ranges in W.A. and the then mineral boom began in the late 1960’s. Gough Whitlam, leader of the ALP Opposition remarked, we had changed from a British pastoral run to a Japanese quarry.
Gough Whitlam’s ALP Government from 1972 tried to buy back Australia, with the assistance of Arab money. The money lenders were not impressed, and tat-ta Gough in 1975, through the ‘British’ Governor-General, who happened to be Sir John Kerr.
The mineral boom was a great boost to the Australia economy, but of little benefit for the wealth and welfare of the Australian people. The Australian people — the farmers, small businessmen and the vitality of the migrants — post WW II had made us the highest standard of living in the world. By the 1970’s the mineral boom was eroding that comparison, and in the ‘80’s and ‘90’s we were to plummet down the scale.
Why? you see a parallel with today’s present mining boom, then you begin to under-stand.
Bad Money, “money corrupts; then evil erupts;”
Let us now see what has happened since, in an orchestrated scheme of destruction of the financial foundation of the Australian economy and society.
1. SUPERANNUATION & OLD AGE PENSION:
In the 1900 Australian Constitution there is in s. 51 (xxiii) the power to provide for invalid and old age pension. In 1946, we added by referendum, (xxiiiA) maternity, widows’, child endowment, unemployment, pharmaceutical and sickness etc.
In 1908, the Old Age Pension Act was passed. It is now called the Aged Care Act 1997.
In 1945, with the introduction of PAYE tax, a special levy for age retirement was also introduced. We still pay this levy in our tax assessment, but it has long since lost its separate identity. Under law, The National Welfare Fund (Act No 65 of 1954) which created a special fund paid out from consolidated revenue, every per-son still pays within their personal income tax assessment sufficient money to have a means test free allowance of around $1200 (presently, $877, means tested) per fort-night per couple.
In the budget of 2002-3, the federal Government dealt out $7 b to pensioners, whereas a means test free pension should have dealt out $30 b.
This is the law of the land that these moguls flout. Now, on top of this, we have a compulsory superannuation scheme introduced in Keating’s time as Treasurer. The super-nest egg accumulated fund is about $1,200 million for the money moguls to play with, with around 9% of our income used to keep topping it up. Compare with The Singapore Central Provident Fund, began in 1955, which pro-vides a lifetime family fund, not just an old age pension. Education, home owner-ship, health, etc etc, are part of the use of the fund. One’s net residue at death is inheritable!
One must realise the Australian legislation gives zero protection to your superannuation, and you (& or your boss) have to contribute! The super funds were in free fall with the latest US financial crises; what will happen when the real financial melt down hits?
2. DEREGULATION OF OUR BANKING SYSTEM
Once again one of Keating’s great moves. It has been a disaster for the people, farmers and small businesses. According to the bank enquiry, the Martin Report, the benefits were longer trading hours and competition. Yeah, right!
3. SALE OF (people’s) COMMON-WEALTH BANK
In the late 1980’s the last vestige of the original 1910 Commonwealth Bank was sold off by the Government. The legislation said no, or a limited foreign ownership. But the next sub-section indicated that any secondary sale was free from such limitation. In seconds of the original share purchase, the Bank was on the open inter-national market without restriction.
4. AMP Society
De-mutualised. Offshore offices in London. Massive Australian financial nest-egg creamed off, and the shell of AMP sent back to the colonies.
5. HECS: higher education Commonwealth support
Our children gain an education, of sorts, and end up with a $50,000 plus debt. Education used to be free. The Author graduated as an Engineer in 1971, with no such debt. Why is this so, especially when the Government allows foreign students in?
6. “FUTURE” FUND????????
What rubbish. There is no authority any where for the federal Parliament to create a “Future fund”. . . What is a future fund?
If the Treasurer, Treasury and Government have taken over $17 b in excess tax revenue, then we have a problem. — Don’t forget, the giant squirreling of the previous old age pension fund (see above: $30b - $7b = $23b in 2002-3 budget) at the estimate of $25b per annum at present, that all tax payers still contribute to in their tax. The $17b is not included in this. — That’s around $1,000 per man, woman and child or some $4,000 per family per annum. The opinion polls indicate the people see this as over taxation, and may be not the taxation bonanza from the mineral boom? Is Treasurer, Costello bending the truth?
This seems so far out of balance with the personal and household debts, financed by the creation of credit cards. Banks have their own bonanza with these at 20% interest. Talking of Banks, since Keating deregulation, when the major banks combine profits were in the $10’s millions; it is now, 20 plus years on, in the $10 billions. That’s another $3-4,000 extra per family per annum in bank fees, interest etc.
What we now have is a Government extinguishing money (that’s what a surplus does), and then allows the banks to create credit (cards) at 20% interest. Meanwhile the mining giants borrow at 1 or 2% interest.
INFRASTRUCTURE: Where?
The Government does not mention the upgrading and updating hospitals, medical facilities, and aged care homes. For 30 years nothing substantial has been done by Governments. In Melbourne, the suburban rail and tram systems have not been updated re the urban sprawl.
Our water system, Australia wide, is in disarray, even though rainfall records indicate the present dry is an ever present climate event on the driest continent on Earth! 90% of our rainfall falls north of the Tropic of Capricorn, so there is a solution.
In 1938, Bradfield (designer of Sydney Harbour Bridge) put forward a water scheme — the Bradfield Scheme — as an engineering solution which is highly relevant today. Some facts: The Fitzroy River in Kimberley Ranges in W.A. empties 16 times the amount of water that Sydney consumes. It is about the same as the Yangtze, and thus second only to the Amazon.
In 2001, the stock exchange crash wiped off $40 billion off our superannuation savings; enough to finance every major water project in Australia!
Yes, it would cost $billions. But we have $10 billions in consolidated revenue!
Why not?
The Banks swindle us, and our Government defraud us beyond anything we would, in any sensible and common sense meaning, allow or wish them to do.
INTERNATIONAL TAX AGREEMENTS ACT 1953:
Back to the future!
“An Act to give the force of Law to certain Conventions and Agreements with respect to Taxes on Income and Fringe Benefits, and for purposes incidental thereto.”
In federal Parliament in 1953, Eddie Ward MHR (ALP) and Clyde Cameron MHR (ALP) spoke out strongly against this Bill. Both said this Act would eventually so undermine Australian business that it would bring them to their knees and possible extinction.
In the mid 1990’s, Australian business-man, Steve Vizard, in a speech at Bendigo, indicated that to compete on the international scene, a business required a turn over of $1 billion. Thus, small business was unable to access the benefits of being global. Being big, matters. Use that same idea re the people. People are small, they don’t matter.
Men with the mentality of gangsters get control Lord Acton mentions ‘gangsters’.
Paul Keating is a Roman Catholic, and his chief advisor was Frank Brennan, a Jesuit priest, lawyer and professor of human rights and social justice at the Australian Catholic University and the University of Notre Dame. In 1995 he was awarded the Order of Australia (AO) for his service to Aboriginal Australians, and Mabo and Wik were part of the outcomes of his scheming.
The English Convention Parliament of 1689 — the immediate aftermath, the Bill of Rights 1689 — resolved “having endeavoured to subvert the constitution of the kingdom by breaking the original con-tractbetween king and people, by the advice of Jesuits and other wicked per-sons, violated the fundamental laws and withdrawn himself (James II) out of the kingdom, has abdicated government and the throne is therefore vacant.” EQ Strange how Jesuits seem to meddle with the affairs of white Anglo-Saxon Protestants (W.A.S.P.s)! Stranger still.
The Notre Dame University was set up under a W.A. Act in 1989, taking its first students in 1992. It has a campus in Sydney of 2002. The head Notre Dame is in Indiana USA.
Quoting: s.5
The objects of the University are —
(a) the provision of university education, within a context of Catholic faith and values; and
(b) (b) the pro-vision of an excellent standard of —
(c) (i)teaching, scholarship and research; (ii) training for the professions; and (iii) pastoral care for its students. [inserted by No.8 of 2005 s.34.] & s.7
There are to be Trustees of the University consisting of —
(a) 2 persons appointed by the Roman Catholic Archbishop of the Archdiocese of
Perth with the approval of the Trustees for the time being;
(b) 2 persons appointed by the Roman Catholic Archbishop of the Archdiocese of Sydney with the approval of the Trustees for the time being; etc. EQ Why a secular Act to approve a ‘spiritual’ school?
But further. The Roman Catholic Church, through the Archdiocese of Perth declared by CANONICAL PROCLAMATION on 2 July 1991 issued the decree of establishment of Notre Dame University and “ensure that the University is conducted in accordance with the beliefs, practices and law of the Catholic Church”.
Are Catholics to be well educated, and all others to wither under a secular system that appears to teach nothing? Education is a key platform of the Society of Jesus, whose members are the Jesuits. In the Middle Ages people were ignorant due to no education; today we are similarly ignorant due to being educated or ‘dumbed-down’.
Are these people thegangsters that Lord Acton points to?
The views from the Papacy at Rome in the 20th century, under the Anti-Modernist Oath (1910) and the 1917 Code of Canon Law combined with the actions of the Jesuits, put Nazism and Communism to shame in terms of mind control and murder.
Pope Pius XII (1939-58), educated by the Jesuits, was a very close confidant of high Jesuits in the Vatican as a lawyer priest in the Vatican, had been a senior draftee of the 1917 Code. In terms of papal centralised power, he assisted greatly in raising Hitler to power, by suppression of the German Catholic political party which included members of the clergy in Germany. He, as pope, knew of/authorised the killing of some 550,000 eastern Orthodox Christians during WW II, and cared little for the Jews and the holocaust. Pius XII is now titled “Venerable”, the first step in canonisation!
Lord Acton knew: All power corrupts; absolute power corrupts absolutely.
Much is being made by the media regarding what the political parties are say-ing or proposing in their attempt to induce the voters to vote for them, but, to date it appears not one of them has put forward a comment, let alone a promise, that they will work for and do what their constituents ask of them, yet that is what the constitution states they must do, and that is why the parliament consists of a House of