Public Credit Petition has been Signed over 100 Times


Public Credit Petition has been Signed over 100 Times

Since publishing Stop the Cash Crumble to Equalize the Credit Crunch on May 31st, 2008, it has been viewed over 1400 times which has resulted in 105 signatures. Austin Mitchell MP will take the petition to the Chairman of the Treasury Select Committee when he returns from holidays. Support has been received as follows:

Prem Sikka, professor of accounting at the University of Essex in Colchester, is writing regularly for the Guardian online and has signed as no. 28. He has flagged the petition on the website of the Association for Accountancy and Business Affairs in a number of places. He has also asked for an 8000-word article for the Journal of Accountancy Business and the Public Interest.

Peter Etherden who has posted Henry Swabey’s History of Usury on the web contributes by explaining why the petition matters in the history of law making in the UK. The first chapters of the Public Interest Article can be found on the Forum blog.

John-Paul Flintoff has signed as no. 66 and his two related articles for Times Online are cited as part of the description text: Ban compound interest to save the planet and Is interest-free lending inevitable?

The hosting company GoPetition lists the petition among their featured ones in the UK thus providing special exposure.

At the House of Commons the Procedure Committee produced a report on Public Petitions and Early Day Motions in May 2007. The Government’s response was published on 26 July 2007. A Written Ministerial Statement was published on 22 July 2008 and its forward looking way is most encouraging.

It is hoped that this new on-line initiative will not only be effective as a pilot in raising awareness but actually achieve the desired aim, especially if not only the public but also institutions wake up.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s