Bank of England, Sterling and Government Treason

[Keltik THC]

You didn't give us your take on it, you just cut n' pasted something.

of course i didnt, im just here to pass on the info for people who have the ability to look beyond the box... there was a time when i would have posted my comments to this but their is no point, hardly anyone debates you on points as you can see, hardly anyone picks up on any issue suggested and researches it themselves and comes to a conclusion - most, as you can see just dust of the age old 'conspiracy' term or the good old 'tin foil' line, just like someone in the 70s would have been called a 'communist' for suggesting that the government are controlled by the people who control the fiat money supply, i mean what a crazy idea, people who have majority of the worlds wealth actually conspiring to ensure their own gains and interests are maintained.. i mean, thats just pure madness, we have never been exploited by the people who control the world, i mean who would think of such an outlandish 'conspiracy theory'.

The government and the worlds elite have always loved all of humanity and want us all to have as much money as possible and all live long, comfortable lives, thats a fact and everyone knows it and anyone who says otherwise is a dirty commie.

rofl.

oh, look heres Max Kaiser explaining some of the financial terrorism that has been going on...

 

[teaboy5]

He is not wrong, just read up on who owns the bank of england. It doesn't take to long to work out all of the OP's is correct.

Its as bad as the FED in the USA

The problem with some people here is that you dont want to believe the goverment wants to control everything you do. So by controlling the money you control everything.

 

[Pilky01]

 

[[DOD]Asprilla]

I asked you how the BoE fixed the 1997 election and I'd also be interested to hear more about how the Saudis were behind Britain's Victorian expansion plans.

 

[Sankari]

He is not wrong, just read up on who owns the bank of england.

The Bank of England is owned by the British government. What's your point?

It doesn't take to long to work out all of the OP's is correct.

No, it doesn't take long to work out that the OP is about as wrong as it's possible to be whilst still breathing.

The problem with some people here is that you dont want to believe the goverment wants to control everything you do.

The government doesn't want to control everything I do. Why would it? That would be a complete waste of time and money, not to mention resources and effort. What are they going to do with me once they've got me under their control? Send me to a Siberian salt mine? Force me to make bad Channel 5 movies?

Please, think this through.

 

[Pants]

Keltik THC & Pilky01.

Please give us your insight (with sources and facts) on exactly how the Bank of England fixed the 1997 elections.

Thanks.

Edit: Sorry I meant teaboy5 not Pilky01

 

[Sankari]

I don't think Pilky is the guy you should be asking.

 

[NathanE]

It sounds like an advert for the BNP.

 

[daz]

In 1998, the final piece of the puzzle fell into place. In return for fixing the 1997 elections and getting New Labour into power, the Government enacted the 1998 Bank of England Act, which gave the Bank’s Court of Directors complete independence with regard to monetary policy.

This is because monetary policy should be independent from fiscal policy. They didn't want a repeat of the Pound falling out of the ERM.

The committee will be made up of the Governor, his deputy, a new second deputy, two bank executive directors and four experts, appointed from outside the bank

It will meet monthly and each member will be entitled to one vote.

In the past, the chancellor held a monthly meeting with the governor at which interest rates were agreed.

It means the bank will now be free to decide monetary policy without taking the short-term wishes of politicians into account

You talk as if we're sleep walking into a timebomb, but at the same time forget that since the end of WW2, we in the West have enjoyed unprecented increases in quality of life.

People seem to be forget that life for the average person was much harder in the past than it is today, even with a recession on.

 

[ash_scotland88]

I though BoE was set up my a Scotsman.

 

[mattheman]

lol, you guys crack me up... if ever i need a 'pick me up' i just need to read your responses to threads like this.

Nope, lets not research or debate anything in the article that would be too educated; lets just label it a 'conspiracy' because it contains more information than your brain cares to comprehend lets all go back to discussing Jade Goody and wether or not double decker diffusers should be permitted , nothing to see here, move along.

i agree with your statment.

 

[Pixel]

I actually enjoyed reading the article.

I don't believe everything I read, but I do enjoy reading conspiracy theories.

I'm all for a "paranormal/conspiracy" sub-forum, at least there'd be more debate and less provocative one-liners.

 

[ElliorR]

I did hear a rumour that The Bank of England was on the grassy knoll as well.

 

[NathanE]

I though BoE was set up my a Scotsman.

Not sure but it was definately a Scotsman that sold off all the gold in the Bank of England's vaults whilst the gold market was at a 30 year low...

 

[Keltik THC]

Keltik THC & Pilky01.

Please give us your insight (with sources and facts) on exactly how the Bank of England fixed the 1997 elections.

Thanks.

I asked you how the BoE fixed the 1997 election and I'd also be interested to hear more about how the Saudis were behind Britain's Victorian expansion plans.

i havent researched these points in depth myself, the reason i posted this article was in relation to a number of debates that had happened previously regarding if the BoE was privatley owned or not.

Most people seem to cling to the mainstream media line that its controlled by the government, but (this illustrates one of the reasons i ignore Evangelicon and most other posters) even when people like me post links to the BoEs own website that has its history where it admits that it answers to no one, not the tresury not the government, they just deny it. No matter even if the FED and the BoE admit, and they do, that they answer to no one people like the above will still deny it as they have invested to heavily into a belief that they cannot break that tunnel point view, you should be skeptical of everything but not to the point of dismissing anything you dont like as outright lies, you should always do a bit of investigating first, and Evangelicon, if you are reading this that means more that just going and wiki'ing a few choice terms.

But if you give me a couple of days, ill reserach into this guys claims that the 1997 elections were fixed (would it suprise you if they were?) and what the Saudis had to do with the Victorian expansion plans.

but come on, bring up a concern in regards to the banking issue.

 

[daz]

Gordon Brown announced the new financial infrastructure at the G20. He announced the new global currency - to be issued and managed by the newly reinvigorated IMF.

Special Drawing Rights have been around for some time. I don't like the IMF or the World Bank either - but that's more to do with their "Washington Consensus", some of their Structural Adjustment Programmes, and other policies of enslaving the third world than anything else.

 

[daz]

http://www.moneyweek.com/news-and-charts/economics/has-independence-changed-the-bank-of-england.aspx

 

[Keltik THC]

Special Drawing Rights have been around for some time. I don't like the IMF or the World Bank either - but that's more to do with their "Washington Consensus", some of their Structural Adjustment Programmes, and other policies of enslaving the third world than anything else.

yeah, theirs nothing to worry about the IMF will save us

 

[RDM]

i havent researched these points in depth myself, the reason i posted this article was in relation to a number of debates that had happened previously regarding if the BoE was privatley owned or not.

And you have found out that it isn't. It is in fact owned by the Treasury.

Most people seem to cling to the mainstream media line that its controlled by the government,

Long term monetary policy is set by the government, how the Bank meets that is set by the comittee. I used to work for someone who was on the a Director of the Bank (Laurel Powers-Freeling) and she is quite far from the controlling mastermind that seems to be suggested.

So in short, the Bank of England is owned by the Government and Monetary Policy is set by the government but it has independance on how to inact that policy. Which is a "GOOD" thing, because it stops political short termism from unduly influencing the Bank of England.

 

[Royality]

Think about it - private banking control of our currency and monetary policy, fully independent of government. When Gordon Brown signed away government oversight of the Bank, he committed Treason on a scale not seen in Britain since the Heath government took us into what would become the EU.

The problem with some people here is that you dont want to believe the goverment wants to control everything you do. So by controlling the money you control everything.

I don't think you read up on the BoE that well as what you've said clearly contradicts the OP.

And whilst I don't disagree that the greedy bankers certainly took on more risk than they should have the financial sector contributed significantly to helping the U.K maintain steady growth and keeping it as a major economy in the world.

Curiously I wonder what other suggestions you have about how finance should be run in the U.K and what benefits a different approach would bring?