TURMEL: Brantford Chamber of Commerce Survey

From: John Turmel (bc726_at_FreeNet.Carleton.CA)
Date: 06/18/04 

Date: 18 Jun 2004 19:31:09 GMT

Chamber of Commerce
Brantford-Brant
Linking Economic Prosperity with Quality of Life

77 Charlotte St. P.O. Box 1294
Brantford, N3T 5T6
www.brcc.ca chamber@brcc.ca
To: Federal Candidates
From: Chamber of Commerce Brantford-Brant
Date: June 11th, 2004
Re: Survey

MEMO:

The Political Awareness Committee of the Chamber of Commerce
of Brantford-Brant has prepared a series of questions for
all candidates in the upcoming federal election. All
responses will be published in a special election edition of
"Working for You" and distributed to each member of the
Chamber.

Please answer all questions and email your response to
chamber@brcc.ca no later than Friday June 18th, 4pm.

The questions below are being circulated to all candidates.
Please limit your response to 250 words or less. Thank you.

1. Health Care Reform
-------------------------------

a) Health care reform has been a key issue for the Canadian
Chambers of Commerce for the past several years. A world
class health care system matters to Canadian business. In
recent years, health care has grown more than any other
provincial expenditure. In 1992, health care spending
accounted for about 34% of total government program
expenditures. Now it's about 41%. Four years ago, the
federal government injected $24 billion into health care,
then following Romanow, it added another $35 billion and now
the current Prime Minister is promising another $9 billion.

b) Brant County continues to experience a shortage of
Doctors. This is a critical issue, not only to those
citizens who are without consistent medical care, but to
corporations who are considering locating in Brant or
attempting to attract quality employees.

Question a) What is your party's position on health care
reform and how will you improve patient access by achieving
greater efficiencies and provide more accountability to the
tax-payer?

JCT: Most people are used to borrowing from the chartered
banks which charge interest because they have depositors
they must pay interest to. Above the chartered banks is the
Bank of Canada which does not need to pay interest to any
depositors and so can create new money like a casino creates
new chips.

Now, the doctor has to inflate his prices to pay the
interest on the mortgage debt for his practice. Once he uses
his Bank of Canada checking account to switch to interest-
free debt, he can cut back his prices by most of the
interest saved.

When every citizen signs up for an online interest-free Bank
of Canada account and credit card and needs pay no debt
service on the loan, it frees up that much more money to pay
for the doctor's service and they will then be able to
afford to pay the fee the doctor is commanding in the free-
market.

The greatest inefficiency is insufficient funds. Solving
that problem fixes the access problem and no accountability
it necessary because citizens owe for their own medical
needs, not the Government. With no rush to pay. All funds to
doctor service, no funds to debt service, is optimal
efficiency.

b) How will you address the critical shortage of doctors.

JCT: When doctors find out they can set up practices with
interest-free loans from the Bank of Canada, they'll come
from all over the world. When no money is wasted paying for
debt service, it can all be used paying for doctor service
at the fair free market rate they can command.

On the international LETS time-currency markets, an Hour
note can command 12 Canadian Greendollars, 10 US
Greendollars, 6 British Greenpounds, 20 German Greenmarks,
60 French Greenfranks. But everyone intertrades in Hours
which is the easiest way for the whole world to communicate
financially.

If a doctor finds that charging $60 Canadian Greendollars or
5 Hours / hour still has a waiting room full of people that
takes 80 hours a week to serve, he can raise his pay rate to
6 Hours/hour or $72 an Hour to hope some people now choose a
less expensive doctor. He can raise his fair market value to
whatever he wants and if he gets it, then he was deemed with
it.

I cannot imagine that every doctor in the world would jump
at the chance of coming to Canada and getting the interest-
free financing to pay off his student debt, set up his
practice and cope with the beginning years.

2. Municipal infrastructure
-------------------------------

While municipal infrastructure is a municipal issue, it is
also a Canadian issue. That means the federal government
has a role in helping the cities. All national parties have
called for giving municipalities more resources.

Question: Recognizing that municipalities need to secure new
arrangements to diversify their revenue base and finance
their ongoing needs, what is your party's plan to ensure
that municipalities gain the revenue they require to fulfill
their needs but ensure that the overall tax burden for
Canadians does not increase?

JCT: I'm going to flip the system of government spending
from spending funds backwards to doing it forwards. Today,
municipalities collect tax up front, budget and then spend
or borrow at a bank at interest. With access to interest-
free credit at the Bank of Canada, municipalities can borrow
it all without interest up front to spend all that they need
to do the job and tax it back at the end. This is the same
as the Tally system used by King Henry 1 in 1100. From my
http://www.cyberclass.net/turmel/pombank.htm

HISTORICAL EXAMPLES
The record most successful case was in the British Isle,
Where "Tallies," sticks of money, left King Henry I with smile.
Accountants in the Treasury would split the stick in two,
One half would be the money and the other half its due.
A tally worth a pound of gold to pay the King's expense,
The other half amounted to taxation that made sense.
The tax collectors through the land all had an easy way,
Since people had their tallies and enough the tax to pay.
The tallies funded projects and could pay for everything,
With tallies matching tax, a hero, Henry I, their King.

From: http://www.cyberclass.net/turmel/pomlizas.htm

The only question left is how the tax should be assessed,
For goods and services? A simple formula to test.
For services, we'd levy tax at end of every year.
For assets, tax to pay depreciation. It's so clear.
The government that spent the most and had the highest tax,
Would be the government providing citizens the max.

With access to interest-free finance at the Bank of Canada,
governments can do their spending frontward, not backwards.

3. Energy and Environment
-------------------------------

a) The Canadian Chamber of Commerce has been on record for
the past three years asking the government for a plan on
climate change. The Kyoto accord is not workable and the
government has not adequately explained to Canadians how the
targets can be achieved. What is needed is a longer term
view that provides for the introduction of new technology to
help reduce greenhouse gas emissions and makes sense for the
economy.
 
b) In Brant, brownfields are a significant issue. There are
a number of brownfield sites that are a drain on the
Municipality and present significant long term liability to
the current, or future owners.

Question: a) What is your energy strategy that will meet the
needs of Canada within the context of the North American
market that at the same time understands the needs of
producers and major consumers?

JCT: The Kyoto accord is workable with sufficient funding.
Sure, if you don't know how to fund it, you think it can't
be done. Once you know how to fund it, it is workable.

Since the basis for loans at the Bank of Canada are human
and material energy, Ergs of hours worked and Ergs of
product made, the goal is to maximize production of energy.

But, once there's no interest to pay, citizens can afford to
purchase cleaner energy, afford to pay for energy-saving
products rather than cheaper ones, afford to conserve.

It is "saving money" and "maximizing profit" that are at the
root of the pollution. "Maximizing wealth" (including
cleanliness) independent of how much money spent is the way
to go. Paying only for people service, not debt service, is
how to maximize wealth.

b) What financial assistance will you guarantee
municipalities in the restoration of brownfield sites and
will your government assume the long term liability
associated with these properties?
 
JCT: None. Once citizens all have access to federal credit,
someone will buy the land and put it back to use. If not,
the municipality can then buy the land and put it back to
use. Once interest-free credit is obtained from the central
bank, everything physically possible now becomes financially
possible too.

4. International relations
-------------------------------

The Canada-U.S. relationship needs to be a priority of the
next government. We need to fix the problems at the U.S.
border and explore ways to deepen our economic relations
with the U.S. We need to resolve outstanding trade disputes
and find ways to circumvent them in the future.

Question: What will you do to create trade opportunities for
Canadian businessmen around the world.

JCT: Nothing. The only reason Canadian businessmen have to
export is because they can't sell it all at home because
Canadians only received the principal of the money paid for
the product's creation but never got the interest component
in the price tag. My cyberclass.net/turmel/biglie.htm
analysis explains that with money available P trying to
purchase Prices (P+I), some goods cannot be purchased by the
home market. This forces the export of what can't be sold at
home. And governments try to help their businessmen sell
overseas so our companies survive and while other nations'
companies get foreclosed on.

Once purchasing power equals prices in the home market,
there is no more compulsion to export to survive one's bank
mortgage death-gambles and we will only export what we can't
use at home. Once businessmen have interest-free support
from the Bank of Canada, they won't need any further support
from the government to market our surpluses.

5. Innovation and Productivity.
-------------------------------

We believe there should be greater investment in education
and skills development. There continues to be a shortage of
skills in many sectors that will only worsen with the
retirement of many skilled workers in the near future.
Using immigration to bring needed skills to Canada and the
recognition of qualifications for immigrants needs to be
moved along quickly.

Question: What is your party's plan to address the shortage
of skilled trades in Canada?

JCT: Interest-free Bank of Canada accounts make education
and training completely affordable, make hiring better-
educated and better-trained workers completely affordable
too.

Once the interest-free accounting machine is set up, if
there's a demand for something, education, from a citizen or
group, and there's a supply for something, teachers, then
the money registering the debt of the group for the time of
teacher follows naturally. In these days, one must beg the
money out of a banker first and then see what needs may be
budgeted to be met and which needs are not budgeted to be
met.

6. Fiscal priorities
-------------------------------

Fiscal prudence and responsibility is as integral to
government as it is to business. A competitive tax
structure, a tight rein on spending and bringing down the
national debt are fundamental to building a bright and
competitive economy.

a) The Chamber advocates;
an annual cap of 3% growth in spending for the next 5 years
combined with tax cuts and debt reduction.

Canadians have not had a break on personal income tax rates
since 2001.The government must commit to reducing taxes for
all taxpayers, regardless of income, but particularly for
the low and modest income families who are most in need of a
break. Canadians pay much more in tax than our neighbors in
the U.S. (42% to their 32%). We, as a country, cannot afford
such a tax gap. The gap won't go away unless we reduce
taxes. If we don't, we will continue to lose businesses and
brains, investment and innovation, and the young people that
we helped educate to lead our economy. A 3% cap takes into
account both the growth in population and expected
inflation. Getting the tax and spend fundamentals right will
yield a huge payoff.
 
Question: What will your party to do attract investment,
encourage entrepreneurship and help businesses stay healthy
in order to generate sufficient tax revenue to keep Canada
prosperous and sustain a generous social safety net?

JCT: I'll pay my tax for army and police to handle strife,
I'll pay my tax for doctors, nurses who protect my life;
I'll pay my tax for all engaged repairing road and sewer,
I'll pay my tax for social servants helping out the poor,
I'll even pay my tax for bureaucrats with no regret,
But I object to paying tax for interest on debt.

The chamber asking for a 3% growth of spending for the next
5 years combined with tax cuts and debt reduction is an
impossible demand when the interest in the budget must
always be paid first and no one ever knows what interest
rates they'll get from the banks.

Only by using the Bank of Canada could I advocate complete
debt repayment with new interest-free Canadian dollars to
replace the old interest-bearing national debt.

Only by using Bank of Canada dollars could I advocate having
a 1-year moratorium on taxes by government does its
spendings frontwards.

And I won't aim at any rate of growth of spending, I'll aim
at the maximum growth of spending, to pay for the maximum
number of people doing the maximum amount of useful work.

Finally, with enough funding provided from the Bank of
Canada to which we pay no interest, I see no reason to
attract foreign investors to whom we do have to pay
interest.

b) The chamber advocates
- reducing the debt burden

Canada's national debt currently stands at over $500
billion. Over 20 cents of every tax dollar goes to servicing
the debt. The Chamber's position is that the burden should
be reduced to 12 cents, or less than 25% of the GDP by 2013.
By implementing this fiscal strategy, there would be
approximately $200 billion available over the next five
years to pay down the debt. In ten years we will have even
more demands and pressure on the health care system as a
result of the aging workforce.
Question: What is your party's strategy on debt reduction.

JCT: My Abolitionist Party of Canada strategy is to use the
Bank of Canada to convert interest-bearing debt to interest-
free debt so that all payments go against principal until
debts are finally paid off. All citizens and corporations
could use their Bank of Canada accounts to borrow new
interest-free currency into circulation to pay off their
interest-bearing debts to the banks who cancel the interest-
bearing currency upon payment of the loan. I know this isn't
how banking systems engineering was explained to you but
http://www.cyberclass.net/turmel/bankmath.htm is the
definitive work on the subject.

Interest-bearing debt tokens are simply replaced by
interest-free debt tokens. After that, all payments go
against principal and no matter how slow the payment rate,
the debtor is eventually out of bondage. The only thing that
keeps people in forever debt is the growth of the debt
charged by the chartered banks for their depositors,
interest. The Bank of Canada has no depositors it needs pay
interest to so it need not charge us interest for the use of
the new currency.

Though your questionnaire does not deal with the million
Canadians who have suffered under the marijuana prohibition
laws and continue to do so at 5000 busts a month, I think
the business community should be informed of the grand
wastage on police, courts, jailers, etc. and the commercial
opportunities missed by prohibiting this great plant:

Throughout all history, hemp's been a plant of great repute,
Four months to grow a mini-tree of twenty foot from shoot,
More oxygen converted from dioxide-carbon smogs,
Four times more wood than forestry can chop trees into logs.

A hardy plant, insecticides and fertilizers, not,
It grows so tall the shade kills weeds for fertile garden plot.
With petro-fuels with sulfur being burned into the air,
A fuel of bio-mass would help environmental care.

Hemp fuel, hemp paints, hemp varnishes, hemp fibers, cloth and rope,
Hemp fertilizer, oil and plastics, medicines of hope.
For crops of untold uses which can soon be realized,
Our greatest source of bio-mass must first be legalized.

While alcohol debases, vibes of negative grow strong,
God's laughing grass makes calm and jolly, wishing no one wrong.
There's never been recorded death from using hemp, they say,
It's sedative that fits receptors in our DNA.

The industry of dirty petro-chemicals may fear,
It's nature's agri-chemicals we'll substitute, it's clear.
It's source of protein primary for man and beast alike,
The best plant used for finger in environmental dike.

The chance that we may yet evade environmental doom,
With planet's fastest-growing vegetable, no need for gloom.
The Abolitionists charge that "On lies are based these laws."
Abolishing hemp prohibition is our second cause.

http://www.cyberclass.net/turmel/medpot.htm details my
battles to legalize this great plant whose prohibition has
not been addressed. 

--
Abolitionist Slave Leader John C."The Banking Systems Engineer" Turmel
for UNILETS interest-free time-based currency in U.N. resolution C6
to Governments in the http://www.un.org/millennium/declaration.htm 
http://www.cyberclass.net/turmel 519-753-0645 USENET: can.politics