A shorter video could act as an summary or introduction of the policies, followed by a full-length video detailing the history of financial policies and their effects.

This sounds like communism: from each according to their ability, to each according to their needs.

There will always be a “cost” associated with production, and if nobody paid a price for the good or service consumed, then the firm supplying the good or service would be unable to recoup its costs.

There are always inputs into production which have real costs, whether it’s the time spent from people who actually create the good or service, or the plant, materials, and equipment depreciated during its construction.

The idea that there will some day come a time when everything is “free” is complete idealism, and that is certainly not anything that Social Credit is proposing.

Social Credit “camps” do not advocate a morotorium on all debt based money. Douglas advocated the use of debt free credits to “augment” the debt based system because prices increase faster than incomes leading to ever increasing debt.

There is no confusion on “what money is” by those who advocate Social Credit. Money is a ticketing system and a means of distribution of production. The only people confused on “what money is” are the people who believe that money is a commodity and therefore has value in and of itself.

1. “it [UBI/ND] was the rightful share of the entire population in the producing bounty of an industrial economy”

Lets be clear here, UBI isn’t to be budget funded. Its paid for by the charges placed on users for access to assets that belong to everybody, for example, carbon sinks, minerals, radio spectrum, fishing quota etc. While we have some of these charges today on a very few assets, they tend to take the form of property rights and not perpetual tax-like charges, the latter being fairer. Extending, and correctly valuing these charges to all national/global assets will indeed generate a fortune, and have a dual conservation benefit.

2. I gather you are writing a book on money, so be mindful of language. Some of the terms you use are unhelpful.

“a debt-based currency”:
All money systems, good or bad, are by definition based on debt and credit. That’s how trade is enacted.

“A moratorium will be placed on collection of all debts created ‘out of nothing’ by financial institutions”:
Ditto. This is an emotional phrase being used by the Social Credit leaning camps of the monetary reform movement. But it reveals a regrettable lack of understanding of what money is. See below.

“treating credit and the creation of the money supply as a public utility”:
Agreed.

“placing control of the monetary system under a Monetary Control Board”:
No this is just another means of control. Money doesn’t require control, in the sense that ’someone has to decide how much money to make available’. That’s only applicable if you believe that the government or someone needs to create enough money for us to use. But if you understand that with the use of credit clearing/mutual credit systems you don’t need to first create money in order to use it, then the newly nationalized banks will simply provide an accounting system.

Banks today do this quite well. They provide an accounting system, that debits the purchasers account and credits the sellers. The problem though is that banks pathologize, and then misappropriate the proceeds of that debt. Day to day trading debts are fundamentally debts to the trading community, not debts to the bank. That is a slight of hand. Therefore the ‘so called’ cost of that debt, the ‘interest’ shouldn’t accrue to the bank but to the trading community. That’s theft.

The easiest way to understand this is to imagine a new community, where everyone starts with $0 in their account. If no-one can go into debt, then no-one can buy anything. Someone has to go into debt briefly in order to reciprocate. If you get this then it will always strike you as odd when banks dishonour transactions when your account is overdrawn. That’s precisely how they create money scarcity, by limiting debt to specially rationed, profitable mechanisms like mortgages, debentures and bonds, issued to “approved” people at exorbitant rates. They can, because they have first outlawed that with which ordinary traders need to enact trade, essentially a free overdraft.

Obviously management and securing those trading debts remains a necessity, but ironically and indeed paradoxically when debt stops being pathologized peoples debts will be much smaller. This is because by freeing up trade, and substantially eradicating bank usurped interest, economic productivity will soar, and large capital oriented debts will become a thing of the past. Governments especially will never need to borrow for anything ever again.

“fund a new national monetary system”
So, a money system doesn’t need funding. That’s my point. Money is not a tangible asset, simply a tool to enact trade.

” The National Dividend had saved America”
No, that’s just a side benefit. Unseating the banks saved America.

The right holds to monetarist theories of Milton Friedman, and the left adheres to the theories of J.M Keynes. Neither truly understands the systemic causes of inflation, or the gap between income and prices. Monetarists simply ignore the gap, and claim it doesn’t exist, and Keynsians want to eliminate the gap through increase capital production and/or increased government spending.

Keynsianism is inflationary, and unsustainable. Monetarism makes the “cure” worse than the “disease”.

The only sustainable solution is the adoption of a dividend and price rebate as Richard Cook has been suggesting based upon the recognition of the fact that technology is displacing the need for labour in the productive process, and the real cost of production is consumption over an equivalent period of time. C.H. Douglas was the first person to understand that prices rise faster than incomes, and his policy recommendations are the only way to overcome a debt based monetary system that keeps pushing us further and further into debt in order to consume goods that have already been produced.

VoteNader.org

All the major candidates supports the rich and powerful that is why none of them offers single-payer national health care; all support Israel; none talk about cutting the bloated and wasteful military budget; none offer an urban renewal plan; repeal of Taft-Hartley; repeal of the Patriot Act; restoration of Welfare for the Poor; restoration of full unemployment benefits — 52 weeks; etc.

People have to wake up to how Capitalism works and realize that Capitalism is an UNFAIR economic system. If Capitalism remains as the basis of economy then safe-guards must be made against its deleterious aspects of power and wealth concentration. The rich must pay highly progressive taxes for the benefits they reap from this unfair system. That is what is meant by “fair share”.

Mr. Cook has a flawed view of Capitalism as well as much of the rich people who run for office and why you cannot look to them for solutions to the problems of the working class. People have to realize that their is a class war being waged against them and they are losing badly.

The FED is responsible for the stock market bubble of 2000 and the housing crisis for lacking oversight and was responsible for the deep recession of the early 1980’s. Rather than take serious action, Jimmy Carter allowed the FED to send the economy in a recession and shifted the oil price shock onto working people.

Your analysis is terribly flawed. What is needed is a restoration of fiscal policy which restores the progressive tax structure and slashes military spending by redirecting that money to fixing domestic infrastructure. In other words the U.S. has to withdraw from being an “empire” and start to get along with the rest of the world.

Coming out of World War II, the United States had built the world’s greatest industrial democracy. Despite the persistence of hard-core poverty in certain sectors of the economy, most Americans had decent jobs, could buy a home at a modest price, and get a good education for their kids.
These aspects of the American dream are being lost today, despite incredible technological progress and the amazing productivity of the global economy. The dream is being lost because the fruits of science and technology have fallen largely into the hands of an oligarchy of very rich people who control society and the economy through a debt-based monetary system.
Increasingly over the last generation, control has passed into the hands of this oligarchy of the monetary elite. They have gained control by drowning the entire society, including families, workers, businesses, and government, under a tsunami of debt, debt that can scarcely be imagined and can never be repaid. This debt now totals, by conservative estimates, approximately $50 trillion for all sectors, or four times the nation’s entire GDP.
It is time now for a President, acting on behalf of the people, to take back control of our country from the oligarchs. This can be done through the simple expedient of treating credit and the creation of the money supply as a public utility, as critical to economic and social health as water or electricity.
On the day I am inaugurated as President, I will send legislation to Congress for the following:
1) The Federal Reserve System, which has become the private plaything of the oligarchs in controlling the economy, will be abolished as a bank of issue;
2) The American Monetary Act, as drafted by the American Monetary Association, will be enacted, placing control of the monetary system under a Monetary Control Board within the U.S. Department of the Treasury;
3) A moratorium will be placed on collection of all debts created “out of nothing” by financial institutions which have abused their fractional reserve banking privileges;
4) All lending by financial institutions for speculative purposes, including leveraged buyouts and other forms of leveraged lending for speculative purchase of assets, will be suspended;
5) A new National Infrastructure Bank will be created within the executive branch to rebuild our physical economy and fund a new national monetary system;
6) A debit line shall be created within the federal budget from which a National Dividend averaging $15,000 per person per year will be paid to all individuals as their fair share in the bounty of the world’s resources which the oligarchy has unfairly usurped.

These measures will, within a matter of weeks, revitalize the economy, restore to individuals and families control of their own economic destiny, return our country to real economic democracy, and avert the social cataclysm that awaits if decisive measures are not taken without further delay.

You cannot have a “strong” president unless you have people DEMANDING progressive change. Progressives have been unwilling to make demands for a very long time and the left has been fractured by its own internal divisions.