CAMPAIGN
Otago Daily Times
31/10/11
Party sees chances with credit crisis
Alternative monetary policy. Democrats for Social Credit leader Stephnie de Ruyter and southern campaign manager Bob Warren.
The global credit crunch is providing opportunities for the Democrats for Social Credit to put forward their alternative monetary polities. Leader Stephnie de Ruyter said in an interview that the world economies were caught up in the credit crisis. "Ironically, at a time when the whole world is talking about the debt crisis, in New Zealand we have been concentrating on the Rugby World Cup, "We have been fed side issues, distractions and without the opportunity to really face what this means for New Zealand." It was frustrating the spin from the Government had been very effective and people were not aware of the dangers the economy faced, she said. Instead of borrowing from offshore, and digging the country into a hole of debt, the Democrats would make the money available through the Reserve Bank of New Zealand, Ms de Ruyter said. "It doesn't make sense to borrow at interest from overseas. The financial system needs to be owned by us and used for the benefit of all New Zealanders." From 1978 to 1984, the Democrats for Social Credit enjoyed solid support from the electorate. If MMP had been operating, the party would, at one election, have been entitled to over 20% of the MPs.
Eye-catching mobile publicity for DSC 2011 Dunedin candidates Warren Voight and Jeremy Noble
Guardian Political Review, Issue 61, 2012 - Page 6