CAPITALISM EXPOSED for the Parliamentary Commission on Banking Standards

The Commission on Banking Standards invited for submissions and we duly put a document together – in August 2012.

Strangely, the Commission claimed ownership – which, we believe, is contrary to the Copyright Designs and Patents Act 1988.

Even more strangely, the Commission never published our submission – even though our addendum was admitted: a letter from our founder Lord Sudeley and the devastating story by a pension victim…

Three reminder emails and asking my MP Glenda Jackson to check were ignored.

When Lord Turner, Chairman of the Financial Services Authority, spoke about overt monetary financing as the possible ‘solution’ that we’ve been advocating with Early Day Motions since 2002, I felt I needed to tell him and the Commission.

For he talks about “the theory of money and debt”, as if he was in search of the theory that holds astronomy and nuclear physics together! Continue reading

How the Cost of Money differs between HMG, Home Buyers and Personal Borrowers

It’s nice not to be alone in one’s thinking!

Here’s another “Chart of the Week” produced by Grep Opie of the Economic Research Council. It educates and demystifies ‘interest rates’ a little. If you click on the chart you get to the original posting with explanations.

They miss the crucial questions:

  • why should HMG borrow?
  • who doesn’t HMG create interest-free Cash electronically?
  • since banks can create Credit from thin air and charge interest, why have successive governments allowed that to happen more and more?

Rothschild Stage Revolutions in Tunesia and Egypt to kill Islamic Banks

This is an excellent article written by a very interesting author, the “captive wolf” who publishes a German blog against the New World Order. It’s long and very well researched and ends in large print with this:

The Rothschilds want North African Muslims to borrow from Rothschild banks and pay interest at rates the Rothschild central bank decides:
they do not want them to be able to borrow from Islamic banks and not pay any interest.

The Rothschilds want Muslims to trade their present political oppression at the hands of brutal dictators for future economic serfdom under the control of banker Lord Rothschild.

“Becoming ecnomic serfs” is the purpose…