Bankster “Holiday” planned for September?

There are so many reports and comments on the “crisis” that I have refrained from adding mine.

This one, however, does deserve attention, for it proves my “Cassandra perspective”:

• the globalists are working towards controlling the world’s resources via one “super-currency”
• this currency will be controlled by the current controllers of national currencies (who are not being controlled)
• the institutions gearing up for it are up and running.

The article refers to an “interesting” precedent, which reinforces the above. Please come to your own conclusions when reading this article on one of the most informative American websites.

Enforcement of Bank of England Act 1694

This Early Day Motion was tabled by our Austin Mitchell MP on April 20, 2009.

This site is dedicated to gathering case studies that relate to the terms mentioned in the text:

That this House, observing that the intention of the founding Act of the Bank of England in 1694 was `that their Majesties’ subjects may not be oppressed by the said corporation’, notes that those subjects have been seriously oppressed by the Bank’s failure to control the greed, risk-taking and speculation of the banking system over which it presides; and therefore suggests that this oppression should be dealt with as the Act provides by fines three times the value of the abusive trading.

Today the first three MPs have signed. Will you get your MP to sign via WriteToThem?

In our observation, oppressions through banks are due to:

1. There is now only a limited number of qualified staff in every branch. In fact, what used to be professional training for a professional body, ACIB, has become a “School of Finance“.
2. The training in “banking” is limited. It consists only of “sales”.
3. There is now little responsibility in local branches.
4. Instead, all decision making has been centralised. This results in the decision makers having little personal knowledge of the client or a perspective about a business.
5. There is little comprehension of day-to-day business issues.
6. There is no realisation of the criticality of time or expediency.
7. There is limited knowledge of supposed Government support. As an example, the Small Firms Loan Guarantee Scheme (SFLGS) was reducing before the crisis.
8. Instead of joined-up thinking, staff are only box tickers and have no room for initiative.
9. MPs have very limited knowledge of the depth of the problems, even before the crisis.
10. Day-to-day business borrowing for “normal” clients has never been excessive. In fact, it was already very restrictive to Small and Medium Enterprises (SMEs) and often even obstructive.

The Tower of Basel: Secretive Plans for the Issuing of a Global Currency

Someone from www.singleglobalcurrency.org wanted to ‘do business’ with me by offering $12 per link on my blog – for life – where the text would appear embedded and they could change it any time…

James Robertson called it a “laughable idea”, but here it is, from the author of The Web of Debt:

Do we really want the Bank for International Settlements (BIS) issuing our global currency – based on an article in The Telegraph of April 7.

Ellen Brown’s article is published by the excellent Centre of Research into Globalisation in Canada here.

The future of finance

JOINT PRESS RELEASE from CompleteMediaGroup and the Forum for Stable Currencies:

Sterling Cash burning into smoke

At 11am on Thursday 23rd April in the House of Commons Grand Committee Room, expert speakers will create the debate on financial reform at the Forum for Stable Currencies.

Expert speakers will be advocating economic democracy through freedom from National Debt. They will address the monetary problems connected with the banking crisis and global recession, discuss solutions to the problems and put together a framework for change. The speakers are leaders in the field and include Lord Sudeley, Austin Mitchell MP, Derek Wyatt MP, Michael Grimsdale ACIB (Associate of the Chartered Institute of Bankers), Abdallah Homouda, political scientist, respected journalist and TV commentator.

The event is sponsored by Bartercard, the world’s largest trade exchange. Bartercard enables account-holding businesses to exchange goods and services with each other, saving valuable cash, without having to engage in a direct swap. Bartercard has created a new form of stable currency; the trade pound, which offers one solution to the economic crisis because it allows businesses to trade and grow without the need for cash or credit from banks. This is increasingly important as private banks have replaced money with financial ‘products’ and ‘instruments’ as a medium of exchange; replacing prudence with profits by accumulating toxic assets, packaging unsustainable debts and selling them on to unsuspecting buyers. As a result the banks are suspicious and unwilling to lend or trade with each other.

Please email sabine@3d-metrics.com if you want to attend.

Notes to editor

Cash (notes and coins) and credit make up the money supply. After the Second World War, 53% of the UK money supply was in the form of credit (debt) issued by banks at interest. Now that figure stands at 97%. By making more and more money from credit (or debt) the financial economy is more and more disconnected from the real economy.

This is inherently unstable as the money necessary to pay for interest on credit is simply not there. That means virtually everybody is borrowing at interest to pay off interest as well as capital. The mathematics of compounding interest on interest results in a cycle of boom and bust. Because the money supply being is controlled by central banks, successive UK governments have tended to increase the ‘National Debt’ to fund growth or ‘fiscal stimulus’ packages, rather than make cut backs to repay the debt (unpopular with voters) or print money themselves. [See the Forum’s petition Stop the Cash Crumble to Equalize the Credit Crunch, asking the Treasury Select Committee to organize an inquiry into the money supply. More on http://tinyurl.com/666rwd]

Financial institutions are increasingly using legal enforcement to call in loans, cause bankruptcies, home repossessions, unnecessary litigation and even suicides. Through the national debt they also exploit and constrain the state’s budget, thus limiting political freedom.

The dubious benefits of unfettered market forces and a Western capitalist ideology have faced no serious opposition since Glasnost (openness) and Perestroika (restructuring) effectively brought an end to communism in the former Soviet Union. Even communist China has embraced capitalism; transforming its economy and becoming a global super-power in the process. It seems the world has made a collective decision to accept the inevitable economic losers as well as winners; deregulate and let the so-called free market work its magic… but now the market’s spell is well and truly broken together with the global economy.

At the recent G20 summit in London, the governments of the twenty most powerful nations on Earth decided to throw over $1 trillion at the ailing financial system. Along with previous commitments, this will take the total to over $5 trillion spent on propping up some of the biggest of those banks, institutions and financiers which have failed us so spectacularly.

Yet, instead of trying to paper over the deep cracks in the global financial system, we should aim to rebuild a more democratic and fairer global economy. Fresh thinking and a modern-day Glasnost (openness) and Perestroika (restructuring) are required for a capitalist world. Ushering in a second decade of meetings, the Forum for Stable Currencies will provide the platform for key decision makers to discuss the hows and whys of creating a better future.

Money for Nothing

Banks should be repositories for our wealth – and not be free to create money at will. We should take monetary reform seriously.

What an invitation by Mark Braund in the Guardian on Sunday, April 5 2009 in his article Money for Nothing.

A small victory over bailiffs

This BBC story reports that bailiffs have to behave after all. Thank god, not only I was appalled at the idea that they were given rights to use physical force!

Six Petitions online: two Targets

Petitioning for our causes is in the air! In chronological order of publication:

1. Targeted at the Treasury Select Committee

• Stop the Cash Crumble to Equalize the Credit Crunch

• Financial Fairness for Voters and Taxpayers, please!

2. Aimed at the Prime Minister’s Office

• Include international and national monetary reform on the G20 agenda for 2nd April

• RE-nationalise the Bank of England

• Create effective regulation, redress, compensation and punishment of the banking industries

• End “the lunatics controlling the asylum” of financial self-regulation by the FSA and the ICAEW

Please click, sign and forward, if anything rings true for you! We must have 200 signatures before being ‘taken seriously’, according to MySociety, the No.10 petition hosts.

Appeal for Micro-Credit and Social Business funding to the G20 leaders

Open Letter
to the heads of state of the G20-nations

A Global Marshall Plan for Micro-Credits
as part of a Global Pact for Sustainability

Entry into a new quality of a global eco-social market economy

In the present crisis of the global economy the fate of the world community will be decided primarily by the degree, in which we are successful in finally securing a convincing, sustainable development for the benefit of all citizens of this earth. To this aim the consultations on systems for an improved global control of the world financial institutions are a valuable, but still far from a sufficient response.

Financial Fairness for Voters and Taxpayers, please!

Financial Fairness for Voters and Taxpayers, please! is our second online petition – targeted at the Treasury Select Committee.

Since Lord Sudeley signed yesterday, I feel comfortable promoting it, especially after I got this remarkable article in my inbox this morning.

The Goddess of March
Rene Wadlow *

Be ever watchful, wanderer, for the eyes that gaze into yours at the bend of the road may be those of the goddess herself. Oracle at Delphi

March 8 is the International Day of Women and is placed under the sign of the goddess of the month of March — Minerva. Minerva derives her name from the Latin mens (mind), and so she has a special relation to teachers and artists, especially players of a flute. Tradition has it that Minerva is a transformation of an earlier Etruscan and Sabine goddess taken over when Rome was established. She has also taken symbols and meanings from the Greek Athene, especially the owl as a sign of seeing in the dark, what is usually hidden or instinctive. Minerva is she who brings from the darkness into the light.

The Wall Street Crash in 1929 – template for today

This audio slide show carries the similar message as the BBC program 1929: The Great Crash where I had seen “Hooverville” for the first time: shanty towns of people who had lost their homes.

From the mathematics of exponential growth, this kind of crash has to happen every 27 years. But economists use maths their way: to camouflage what bankers are doing with their monopoly on Credit.