Archive for the Banking and the Money Scam Category

‘Proposals to tax the flatulence of cows and other livestock have been denounced by farming groups in the Irish Republic and Denmark.

A cow tax of 13 Euros per animal has been mooted in Ireland, while Denmark is discussing a levy as high as 80 Euros per cow to offset the potential penalties each country faces from European Union legislation aimed at combating global warming.’

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See the rest here…

‘Mr Daniels signed a new contract last month which makes him eligible for cash and share bonuses worth up to 8.27 million pounds in 2009 - on top of his 1.035 million pound basic salary. Lloyds claimed last night that the Treasury had been “consulted” over the deal sparking accusations that Alistair Darling is failing in his pledge to rein in banking bonuses. The new pay package will be announced in the bank’s annual report to be published next month.’

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‘The authority’s chairman claimed the regulator was under political “pressure” not to be “heavy and intrusive” with banks such as HBOS and Northern Rock. Instead, it was told to operate a “light touch” approach, which had now been proved to be “mistaken”, he told a Commons committee.

The failure of the regulator to intervene earlier has been blamed for the banking crisis, which has led to the near-collapse of several of the country’s biggest banks.Lord Turner’s remarks, made to MPs, are deeply embarrassing for the Prime Minister, who oversaw the FSA while he was Chancellor.’

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Sir Fred Goodwin, the man who took the Royal Bank of Scotland to the brink of collapse, tonight defiantly rejected the Government’s call for him to give up part of a gold-plated pension deal worth almost £700,000 a year.

After a day of mounting political pressure, Sir Fred sent a letter to Lord Myners, the City minister, in which he says that the decision to top up his pension pot when he left RBS late last year was approved by the Government.

His decision means that the Treasury will have to follow through on a threat to take legal action against Sir Fred if it wants to “claw back” the money, as Gordon Brown suggested today.

The row over Sir Fred’s pension came as RBS posted a £24.1 billion pre-tax loss for last year - the biggest in UK corporate history and largely the result of the disastrous decision to buy the Dutch bank ABN Amro in 2007.

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Gordon Brown will deliver an address to both Houses of Congress when he visits Washington next week, it was announced today.

The invitation represents a considerable coup for Brown, who will become only the fifth British prime minister to deliver a speech to a joint sitting of both Houses of the US legislature.

The speech – almost certain to focus on the global financial crisis – will bolster his claim to be a world leader in economic affairs.

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Funny i could have sworn I saw an article today about how Gordon Brown was Bankrupting Britain!

Ah yes, see here…

Congressman Charles A. Lindbergh, Sr. revealed the Bankers Manifesto of 1892 to the U.S. Congress somewhere between 1907 and 1917.

We (the bankers) must proceed with caution and guard every move made, for the lower order of people are already showing signs of restless commotion. Prudence will therefore show a policy of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without fear of any organized resistance.

Organizations in the United States should be carefully watched by our trusted men, and we must take immediate steps to control these organizations in our interest or disrupt them.

At the coming Omaha convention to be held July 4, 1892, our men must attend and direct its movement or else there will be set on foot such antagonism to our designs as may require force to overcome.

This at the present time would be premature. We are not yet ready for such a crisis. Capital must protect itself in every possible manner through combination (conspiracy) and legislation.

The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible.

When, through the process of law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of the government applied to a central power of imperial wealth under the control of the leading financiers.

People without homes will not quarrel with their leaders. History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.

The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.

By thus dividing voters, we can get them to expend their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete actions, we can secure all that has been so generously planned and successfully accomplished.

Sounds kind of familiar doesn’t it?

‘As bonuses have been cut amid public anger over the banking crisis, it is predicted that city salaries could more than double over the next few years. Shaun Springer, chief executive of executive search firm Napier Scott Napier, said bankers are trying to make up for less generous bonuses through higher salaries.’

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‘The Prime Minister is to unveil a series of key measures that will see the Government insure the ‘toxic assets’ of major lenders and pump around 14 billion pounds into the mortgage market through Northern Rock. On Thursday, the Treasury is expected to announce plans to form a “toxic bank”, using taxpayers’ money to insure 500 billion pounds of bad debt.

In addition, Mr Brown has signalled that he wants a return to more ’sober’ banking practices, with a possible ban on 100 per cent mortgages to ensure people must save a deposit before buying a house.’

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At the end of the 19th Century, the Catholic church organized massive resistance to Illuminati Jewish domination of national life.  The Illuminati instigated World War One  partly to crush and punish a recalcitrant Europe. 

Lenin defined “peace” as the end of all forms of resistance to Communist (i.e. Illuminati Jewish) despotism. 

After WWI and WWII, the League of Nations and the UN both promised world government to prevent war. Indeed, Illuminati globalists always promise this–but we don’t realize they are blackmailing us. They start the wars in the first place.

The Elders of Zion vowed to harass the nations with corruption and strife until they accepted their “Superstate”  (i.e. world government tyranny.)

“The recognition of our despot may also come …when the peoples, utterly wearied by the irregularities and incompetence - a matter which we shall arrange for - of their rulers, will clamor: “Away with them and give us one king over all the earth who will unite us and annihilate the causes of disorders - frontiers, nationalities, religions, State debts - who will give us peace and quiet which we cannot find under our rulers and representatives.” (emphasis mine, Protocols of Zion, 10-18)

Of course, this also applies to the current economic depression. Right on cue, Henry Kissinger, CEO of the NWO, tells us: “the alternative to a new international order is chaos.”  The “E” in CEO stands for Extortion. “Please Mr. Kissinger, give back our prosperity. We’ll agree to anything.”

We are in the eighth inning of a long term conspiracy and must shake off our complacency. This is not another recession; it is a final life-and-death power grab.  A satanic cult, the Illuminati, has subverted all nations and religions and now is moving to consolidate its power. Our “leaders” (including Obama) belong to this cult. From their past record (in Russia & China), it is possible to predict the future: Conditions will deteriorate. There will be civil unrest. An assassination or some other contrived terror will result in war or martial law. Anyone who has expressed opposition to their agenda, — patriots, Christians, “anti Semites” — will be put into concentration camps and possibly murdered. The war and suffering will be such that the masses will accept the Illuminati’s sugar coated tyranny. I hope I am wrong.

The Illuminati were founded by Cabalistic Jewish bankers like the Rothschilds who used “anti Semitism” to brainwash and empower other Jews as their agents. But, as we have seen, they will sacrifice these Jews to achieve their aims.

They are Freemasons –both Jews and non-Jews– who want to hog all the world’s wealth, cull the human race, enslave it mentally and spiritually, if not physically. They have been conspiring for thousands of years and we have the honor of seeing their endgame. They are a hydra headed monster-operating under many facades but today the main ones are socialism, communism, liberalism, feminism, zionism and neo conservatism.

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‘Eastern Europe is about to blow. If it does, it could take much of the EU with it. It’s an emergency situation but there are no easy solutions. The IMF doesn’t have the resources for a bailout of this size and the recession is spreading faster than relief efforts can be organized. Finance ministers and central bankers are running in circles trying to put out one fire after another. Its only a matter of time before they are overtaken by events.

If one country is allowed to default, the dominoes could begin to tumble through the whole region. This could trigger dramatic changes in the political landscape. The rise of fascism is no longer out of the question.’

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At the very least, you might expect Labour MPs to pay attention while they strip this country of its freedoms. But apparently we have gone beyond that stage. Of the eight or nine Labour members on the select committee discussing the Coroners and Justice Bill, three were using the opportunity to go through their correspondence.

The air was heavy with obscure points, but the room was comfortable and the light good, allowing Alun Michael, Russell Brown and Brian Iddon to put in an hour or two on the piles of letters and documents in front of them.

Only when the matter of secret inquests was raised and Conservative MP Henry Bellingham observed by way of a prologue that an issue of freedom was at stake did Michael and Brown look up. Bellingham said he had spent time out of parliament between the 1997 and 2001 elections and that he was shocked when he returned to see what Labour was doing to constitutional rights and civil liberties.

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Consider a world in which the air is clean, the water pure, and the landscape unmolested but replete with verdurous splendour. A world, bereft of the virulence of the malevolent gods, home to an enlightened people united in compassion and existing in cooperation; a global palace of abundance, of universal satiety and unfettered happiness. Such a paradise could only be possible in the absence of money. And the abolition of money could only be made possible in the absence of the toxic few that currently reside aloft the pyramidal power structure.

They are the puissant elite, the nefarious puppeteers of humanity. Money forms the strings they pull. Money is perhaps their greatest tool of manipulation; It is one of the most efficient and potent means of mass coercion and is a blight unto this earth.

A money-less society would be a society free from greed, corruption, complacency, and slavery. It would be a societal paradigm in which the life of no individual is wasted in monotony and no individual is irresistibly compelled into undertaking any immoral or anti-natural activity. The individual would embrace that which they love and be emancipated from the bondage and drudgery of commercialism and the immutable quest for pecuniary gain. With the eradication of the artificial paradigm of money would end the oppressive and aberrant plague of aeons.

It is testament to the stupidity of mankind, his manipulation, and his inexorable slavish penchant that money has been permitted for so long. Instead of maintaining an Eden, he has raped and pillaged the fruits of Mother Earth in money’s name thus creating destruction, infecundity and desolation. This world could be a paradise but instead it is a sewer; a cesspit where the paragon masters of toxicity reign supreme over their well-trained hordes of mephitic automatons.  

Money is a greed catalyst and brutality amplifier. In the minds of men where thoughts of money would be absent morality, instead, would occupy the fore. The person who lusts for money is adversary to the person who lusts for harmony.

The actions of those held sway by their acquisitive desire for money are often vile and rarely compassionate. Money promotes egoism and is a strong encourager of the lust of one man to overtake his fellow man in power and control. Could anything be viler than that anomalous ambition of man to hold his compeers in conceited servitude? The desire for money is the desire for the capacity to dominate and sway others at will. Following an apocalypse, the rich man, being the only survivor, once he has emerged from his slave-built bunker, would find his pecuniary wealth to no longer hold value and thus would be forced to enter into the real world; the real world in which nature, alone, dictates where value is held, not the damaged and bastardised minds of the selfish and indolent. Money only has a perceived value and represents an artificial paradigm. Furthermore, the system of money is a brutal and hegemonic system which permits no other under threat of violence and death. The person wishing to live divorced from money must usually first be forced to use money as a means of exit, and such an exit would unlikely be absolute but certainly extremely limited.

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‘Taxpayers could have to spend billions bailing out the banks again after massive and unexpected losses were disclosed by Britain’s new superbank. Shares in Lloyds Banking Group fell 32 per cent to 61.4p yesterday after it reported losses of 10 billion pounds in HBOS, making it worth far less than thought when it was taken over in November.

The news, a huge embarrassment for Gordon Brown, who helped to broker the deal, triggered speculation that the bank will have to come back to the Government for more capital. Alistair Darling, the Chancellor, defended his role in helping to push through the takeover, saying: “We had a matter of days and then hours to stop the entire banking system collapsing”.’

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‘The mass energy audits will be part of the biggest overhaul of the housing stock since switching to gas central heating forty years ago.

“The Great British Refurb” will fit every home in need of insulation in the roof or walls by 2015. By 2030 every home will be offered a “whole house” green refurbishment, including fitting renewable heat technologies like ground source heat pumps and solar panels.

Launching a consultation on the scheme, Ed Miliband, the Energy and Climate Change Secretary, said teams of energy advisers would go around “house by house, street by street” to advise people how to improve their homes.

Loans would then be made available to pay for the new technologies, that can cost thousands of pounds.’

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So they use the Global Warming Scam to get you further in debt to the Money Scam. Priceless!!!

‘Labour’s intimate relationship with the financial industry has seen dozens of bankers given honours, appointed as ministers and given jobs on Government taskforces, reviews and quangos.

An analysis by the Daily Mail reveals that while ministers are now railing against the role of bankers in causing the economic crisis, they have spent the last decade cosying up to the industry.

Labour has given 23 bankers honours, brought three into the Government as ministers and involved 37 in commissions and advisory bodies.’

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A banker paid a basic annual wage of more than £1 million appeared to tell MPs that he had a relatively modest salary as he defended bonuses yesterday.

The chief executive of Lloyds Banking Group, which is 43 per cent-owned by the taxpayer, said that it would be a violation to refuse to pay the bonuses.

Eric Daniels was one of five bank chiefs questioned by the Treasury Select Committee. Another, Stephen Hester, the new chief executive of Royal Bank of Scotland, which is reported to want to spend £1 billion on bonuses, also defended the payments.

The bank chiefs were confronted by the committee’s chairman, John McFall, with a petition demanding that they scrap bonuses. However, Mr Daniels insisted that most Lloyds staff were on relatively modest pay, with an average salary of £17,000 and an average bonus of £1,000.

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‘Banks dependent on taxpayer support are planning to rush out hundreds of millions of pounds in bonuses to senior bankers and traders before a threatened crackdown. As ministers prepared to curb excessive remuneration, it emerged that Barclays and Lloyds Banking Group were poised to follow Royal Bank of Scotland (RBS) by paying bonuses within weeks.’

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‘Ford and Vauxhall are raising the prices of their cars by as much as 5 per cent, just days after ministers announced a state-backed bailout package for the motor industry that could cost taxpayers billions.

The price of a Ford Focus is to go up 5.2 per cent, with average prices rising 4.7 per cent across the range. Vauxhall is set to announce similar rises across its range of six cars and one van within weeks.’

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To: The Rt Hon. Peter Mandelson esq;

As if we weren’t already going out of our minds in fits of rage at the rampant incompetence, gutter rutting corruption, untrammeled arrogance and utterly diabolic parody of a “government” that currently squats atop this nation like a gigantic dose of piles - the sweating, blubbering, puss filled monstrosity takes a few moments pause from chewing the corpse of Great Britain to open its blood filled mouth and tell us what it really thinks of British workers and the general public.

Apparently, in Marxist/Fabian UK, striking pre-emptively in defence of your economic wellbeing at a time of extreme distress and fear for the future of your family, now qualifies one as a “racist,” an “extremist,” or, worst of all, a dreaded PROTECTIONIST.

In these statements we can clearly sense the abject fear of the serial peeping tom who got caught, yet again, climbing through the window of the girls dormitory, pants around ankles, in a most unseemly and compromising position. Well far be it from us to paint such an unflattering picture of our wonderful “public servants”, after all, they do have our best interests at heart, do they not Mr Mandelson?

Clearly not content simply destroying our currency, armed forces, international reputation, political system and constitution, the laughing hyenas have now taken off those - ever so temporary - woolen jackets and shown themselves to be the fascist Eurocrat wolves that they truly are.

But seriously Mr Mandelson, did it not occur to you that the violent death of the entire system of economics (that you seem intent to defend to the last) is common knowledge now to the “man in the street,” even perhaps the poor sod who has to pluck the remnants of the foie gras and smoked salmon from your new ermine trimmed coat. Perhaps he might give you a lesson in “Buy British” one fine morning while you are busy warming up for another hard day of pontificating for the cameras and making a damn fool of yourself, again …

But anyway, I shouldn’t worry yourself unduly Mr M, there will be plenty of room in that “free trade” coffin for the mass hordes of other “has been” politicians and pundits the world over before we are finally through with this sorry chapter in the history of human folly and hubris.

Surely, any silly idea that the extreme weather would be a good time to stick the boot into British workers seems to have backfired spectacularly, does it not, or is it after all just another part of your grand master plan to bring the country to it’s knees in time for EUROPOL to come and help restore order?

And so, in concluding Mr Mandelson, given that your track record in government is not exactly one which could honestly be described as a testament to a honed ability in handling political crises of ones own making, I have a not so friendly word of advice for you Sir:

You should resign your position in the Lords immediately and without further delay, before the braying mob that you youself have just enraged to the point of violence, pulls you screeching from the building and hurls you into the nearby frozen waters clothed in nothing more than a frilly pink nightie.

In truth, while such an amusing spectacle would afford the vast majority of honest people in this long suffering country a much needed break from the daily misery that you and your henchmen have wrought on us, we prefer to settle these matters peacefully, and without need for any further unnecessary distress on either side of this rapidly escalating crisis.

Do it. Do it now. Get ye gone Sir!

Sincerely,

The UK Column

Professor Stiglitz, the former chair of the White House Council of Economic Advisers, told The Daily Telegraph that Britain should let the banks default on their vast foreign operations and start afresh with new set of healthy banks.

“The UK has been hit hard because the banks took on enormously large liabilities in foreign currencies. Should the British taxpayers have to lower their standard of living for 20 years to pay off mistakes that benefited a small elite?” he said.

“There is an argument for letting the banks go bust. It may cause turmoil but it will be a cheaper way to deal with this in the end. The British Parliament never offered a blanket guarantee for all liabilities and derivative positions of these banks,” he said.

Mr Stiglitz said the Government should underwrite all deposits to protect the UK’s domestic credit system and safeguard money markets that lubricate lending. It should use the skeletons of the old banks to build a healthier structure.

“The new banks will be more credible once they no longer have these liabilities on their back.”

Mr Stiglitz said the City of London would survive the shock of such a default because it would uphold the principle of free market responsibility. “Counter-parties entered into voluntary agreements with the banks and they must accept the consequences,” he said.

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Ministers were accused last night of profiteering from the soaring numbers of people facing bankruptcy after they announced huge increases in fees at debtors’ courts.

Charges are to rise by up to 233 per cent for debt proceedings from next May, affecting hundreds of thousands of people who plunge into the red.

The move, which has been branded a stealth tax on those least able to pay, comes as a survey by The Independent reveals the depth of Britain’s debt problem with the country now officially in the worst recession for 30 years.

Statistics gathered from local branches of the Citizens Advice Bureau (CAB) show the number of people contacting the charity for advice on how to manage their mounting debts rocketed across the country during the past three months of last year.

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‘On 8 October 2008 Lloyds TSB wrote to the Islamic Bank of Britain (IBB), giving them 60 days notice of withdrawal of their services as a clearing bank, unless they agreed they would no longer process transactions for Interpal, a charity sending aid to Palestinians in Gaza.

In effect, this meant that the IBB would have to close down or freeze Interpal’s account or lose clearing facilities for all its customers’ accounts. After representations from The IBB, Lloyds TSB agreed to postpone this action until 30 January 2009.’

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‘They don’t know what they’re doing, do they? With every step taken by the Government as it tries frantically to prop up the British banking system, this central truth becomes ever more obvious.Yesterday marked a new low for all involved, even by the standards of this crisis.

Britons woke to news of the enormity of the fresh horrors in store. Despite all the sophistry and outdated boom-era terminology from experts, I think a far greater number of people than is imagined grasp at root what is happening here.’

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‘ ”This is war: countries have to defend themselves,” said David McWilliams, a former official at the Irish central bank.”It is essential that we go to Europe and say we have a serious problem. We say, either we default or we pull out of Europe,” he told RTE radio.’

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‘The prices of hundreds of homes owned by BBC employees in London will be guaranteed by licence-fee payers under a relocation package aimed at enticing staff to Salford. Employees will also receive 5,000 pounds in relocation expenses, up to 3,000 pounds to pay for new carpets and curtains and will keep thousands of pounds in London weighting allowances, it emerged yesterday.

The decision to use the licence fee to underwrite property values in a falling housing market has been condemned as unacceptable.’

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