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Funding by debt is bad for society
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The potential of the proposed windfarm out in the entrance to the Bristol Channel, when the wind is right, is enough power for half of the homes in the South West.Its potential when the wind is wrong or there isn’t any is zero. In our homes we do not wish to have potential, but constancy.
We should need a complete nuclear power station, to switch on and off according to wind, in addition to the windfarm. It is not feasible to switch a nuclear power station on and off.
The prime objection to windfarms is never mentioned in the Press.
Having stated that these windfarms are a waste of money, we need to ask who benefits from wasting money. The banks, of course.
The more money that can be wasted, the more credit can be issued as a substitute for money. All the money issued as credit is 100 per cent profit for the banks.
The bankers control the Press, and we get windfarms.
The major tragedy lies in the fact that bona fide sources of energy such as tides get neglected because our resources are wasted in the wrong direction.
Stated very simply, the money to build this huge windfarm does not exist. We already owe more than £13 trillion.
New money will be borrowed into existence from private banks, which can never be repaid, so the interest to be paid will continue forever. The bankers will be kept rich forever.
My beef is that all this is so obviously true, and yet the Press and rest of the media keep it hidden. It is fraud and costs the taxpayer a lot of money.
Windfarms are merely one flagrant example of corruption in very high places.
Edward Hamlyn
Ivybridge
5 June 2007
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