Social Credit policy

Press, 25 February 1981, Page 20

Social Credit policy

Sir, — The comments of Dr Donald Brash' (“The Press,” February 20) leave a searching reader in no doubt as to the reasons for his ignominious defeat at the hands of Social Credit in the East Coast Bays by-election. Dr Brash’s unresearched remarks, criticising Social Credit, his unexplained reasoning about first and second alternatives, his preference for one of these alternatives, “with certain safeguards” unspecified, serves only to confuse and alienate the voter. Are we really to believe that Dr Brash is serious when he says that the voters deserted National in 1978 because that party’s policies had not “punished” the public sufficiently. It is hardly surprising that Dr Brash’s economic philosophy and that of the party he supports have a credibility problem. — Yours, etc.,

R. B. SPENCER. February 21, 1981.

Sir, —. Upon hearing a brief report that my good friend Dr Donald Brash is concerned at the possibility of an untried set of economic principles coming into practice with a future Social Credit government, I feel the necessity to comment. Like many other ordinary mortals I am concerned, with the continuation of monetary practices currently in vogue. These practices were designed by the drones of industry to enhance their parasitism of the community at large. Todays “economists” are like the pharisees 2000 years ago, rising out of the mire of “confirmed truths” to quash the evil of new ideas and improving ethics; or the hierarchy of the recent church marching against the heresies of “Gallileoism” and “.Darwinism.” I cannot overlook the champions of economics who have advanced the theories of that “dodo” Adam Smith into oblivion. For example who can forget the Russell lectures on the empirical formula of • financial collapse; or your own good officer who advanced his brilliant theory to the zenith of retraction. — Yours, etc., P. C. DE JOUX. February 23, 1981.