www.freeenergiescongress.com
End the bailout !!!!!

Two trillion pounds.

The amount is staggering, and most of it is no more than gambling debt.

It represents roughly £35,000 for every man, woman and child in the country, or, to put it in perspective, roughly £57,000 for every working man and woman.

A little less than one trillion of the debt has gone into bailing out the banks. This is expected to rise to 1.4 trillion by 2014.

The rest is a massive 1.2 trillion pound hole in the public pension pot.

Where has all this money gone?

It should be clear that the entire monetary system is fraudulent, and is the ultimate source of all the corruption in this nation and worldwide. The truth is that the money has gone into a huge global gambling operation comprising investment banks, hedge funds, private equity funds, dark pools, exchange traded derivatives, OTC derivatives and a host of other esoteric financial acronyms.

Any nation which bases its existence on a monetary system, rather than the real, physical economy, is doomed to failure in a quagmire of corruption as the god of money demands ever more deregulation so that corrupt bankers can take on ever more convoluted side bets in an effort to generate "alpha".

When it all goes to hell, instead of sending in the receivers to reorganise the debts of the failed organisation, as in any other industry sector, we are told that banks are "too big to fail."

This is just another example of Treason, where the interests of international powers - in this case international privately owned banks and hedge funds - are put before those of the nation.

What needs to be done

What doesn't need to be done is to cut £65billion from the budget. This is insanity, and will result in deaths as the impact filters through the NHS and other necessary services. We therefore urge you to join us in our national campaign to promote the following policies:

  • Return to a tough banking regulation regime. High street retail banking operations should be wholly separate from any speculative investment banking. Tough standards for debt should be put in place, and any presently outstanding debt which does not meet those standards should be written off. Every bank with a base in the UK should be subject to a full public audit, and any bank found to be trading while insolvent should have its directors prosecuted and placed in administration.
  • Instead of calling G20 meetings to push the policy of bailout, we should be promoting this new regulatory policy, and building treaties between sovereign nation states for the control of exchange rates and interest rates.
  • The Bank of England and the Financial Services Authority should be scrapped. Despite being supposedly public institutions, they are both run by private banking interests, and clearly operate for private banking interests. Just ask the Bank or your MP about the nature or activities of wholly owned subsidiary Bank of England Nominees Limited, and see what kind of answer you get.
  • All currency should be issued by the Treasury following an act of Parliament.
  • A new National Bank should be established to distribute newly issued currency, which should be used exclusively for the purpose of rebuilding our collapsing national infrastructure. Such a rebuilding programme should be used as a driver for restarting the real economy, with an emphasis on manufacturing and agriculture.
  • Personal savings and personal pensions should be protected.
 

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