|
QUESTION 8:
WHY MUST EVERYBODY PERFORM ACTUAL SERVICE IN RETURN FOR CREDITS? ANSWER: Because, actual service will insure something of actual value being put behind credits. As service is that which puts value into wealth, therefore, something tangible coming from service must be produced for credits. Limited loans may be given for the promise of services to be rendered. QUESTION 9: WHY MUST LIMITED CREDITS BE ISSUED TO EVERYBODY WITHOUT SECURITY? ANSWER: Everybody will be entitled to a limited loan without security. But the conditions of credit without security will be that the borrower must give evidence of intention to use that credit for constructive purposes, such as starting a small business, buying a new home, or improving something of value that would add to the wealth of the Nation. Money will not be loaned to anybody to squander recklessly. From time to time it will be decided as to what that limited amount will be. but to begin with, a thousand dollars might be considered the limit of a loan without security. It must be understood that there will be laws made from time to time to regulate such details. Now, while the borrower will not have to put up security for a limited loan, still one will have to pay the loan back before another loan will be granted. These limited loans without security more than anything else will prove the borrower’s integrity and will go a long ways toward building up character in everybody. QUESTION 10: WHY MUST CREDITS BE ISSUED FOR THE UPKEEP AND EDUCATION OF CHILDREN UP TO 21 YEARS OF AGE, TO BE VOLUNTARILY REPAID BY THEM, IF POSSIBLE, AT SOME FUTURE AND CONVENIENT TIME? ANSWER: Credits will be issued for the upkeep and education of all children, whether they are children of the rich or of people in moderate circumstances. (There will be no poor people under the Direct Credits system.) To wipe out the class consciousness of the past whereby the child of the rich was pampered and spoiled, no one will be allowed to contribute in any way to the upkeep and education of children beyond that which the credit check of the government will pay for. By teaching children that they are expected to pay their own way through life and that it would be a disgrace to live without doing something useful in return for what they receive will stimulate both children and adults |