The Origins of Social Credit
Development of modern banking has resulted in nations losing the power to issue most of their own money. The financial system, worldwide, is based on debt.

Election year bribes and empty pockets

A rock star economy? Really? National has far outdone Labour this year as the biggest ‘Nanny State’ of modern times. Despite the economy showing “solid economic growth” more people than ever were placed on government handouts in June’s budget.


“The $2 billion per year Family Incomes Package... will lift the incomes of 1.3 million families by an average of $26 a week. It is expected to lift 20,000 families above the threshold for severe housing stress, and reduce the number of children living in families receiving less than half the median income by around 50,000.”


Since then further handouts have been announced. How is it that an economy doing so wonderfully well finds so many people needing state aid in order to survive? Why are emergency providers – food banks, church groups, soup kitchens, school lunch providers – all struggling to meet the needs of people who can’t get by without help?

Former U.S. Vice President (1965-69) Hubert Humphrey said: “The moral test of government is how that government treats those who are in the dawn of life, the children; those who are in the twilight of life, the elderly; and those who are in the shadows of life, the sick, the needy, and the handicapped.”


Based on that, the economy might be doing well, but the government is not. Instead of creating the conditions where people can live comfortably by their own efforts, it is taking more and more money out of their pockets, only to give some of it back in what must be the biggest vote-buying election bribes we’ve ever seen. In fact this election has seen every itch scratched with money handouts:

  • –  a housing crisis that wasn’t and now is, receiving billions

  • –  unemployed youth who didn’t want to work and now do, $50 million

  • –  water and transport networks that “would come” as new houses were built, got $1billion so that the house building could get underway


    In Northland where I live, $500 million for a four lane highway from Whangarei to Ruakaka, $5.5 million for school improvements, $7 million for the new Hundertwasser arts centre, $17 million to burn tyres at the Portland cement works........


    I hope you're mad enough to be out campaigning for our economic policies. If you're not able to actively campaign, send a decent donation so those of us who are able to do so have real financial backing. 

    New Zealand needs us now!

    - contributed by Chris Leitch, Deputy Leader, NZ Democrats for Social Credit Party


Published: August 2017

NZ Democrats for Social Credit Party Conference on 16/17 June at Quality Hotel Elms in Christchurch
Website authorised by: Anne Leitch, 42 Reyburn House Lane, Whangarei 0110
© Copyright 2018  NZ Democrats for Social Credit