N S W will suffer the long term effects of not going ahead with the power disposal. Hard times are to come on the power generators, and this will fall on the state.

Care to explain your summary?

I sent this to every NSW Politician a few months ago.

Dear Mr. Premier,

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Money used to be backed by Gold and Silver. Now it is not. Paper or computer money has no real value. It is created from thin air. Watch the enclosed DVD, or Google for the movie "Money as Debt" to see how it is done.

If money is made from nothing (and it is), then selling the New South Wales Electricity system is the same as giving it away, isn't it?

We wouldn't be silly enough to do that, would we? And pay others forever more for what is ours?

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On the next page, I have put what is happening in Economic/Banking circles simply. Essentially, if you can produce something from nothing, and make others believe it is valuable, the sky is the limit, yes? And so is the havoc you can reap, which Banks, Monsanto and others are doing right now.

We need a planet to live on, and we rely on you Politicians to make decisions based on what we citizens need, not what the Protestant Work Ethic, or the Profit Motive thinks we should have. In practice, the profit motive works directly against us having a healthy environment, as every penny that could be used to protect it is used to give to the shareholders.

So, instead of selling the Electricity system in NSW, please ask the Prime Minister and Federal Treasurer to set up a new National Bank so it can finance future growth of the country, the way it was done prior to deregulation of the banks.

Yours sincerely,

Clement Clarke