tag:blogger.com,1999:blog-5187043.post944973042666904463..comments2024-03-27T21:30:35.824+00:00Comments on UK Commentators: Government Continues To SurpriseLabanhttp://www.blogger.com/profile/12031578024191117985noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5187043.post-69620456047431676602009-01-09T06:03:00.000+00:002009-01-09T06:03:00.000+00:00"I believe that banking institutions are more dang..."I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." = <BR/><BR/>Thomas Jefferson.<BR/><BR/>But of course Hayek said everything should be orivate, so what did old TJ know about anything?Martinhttps://www.blogger.com/profile/11219870920638914624noreply@blogger.comtag:blogger.com,1999:blog-5187043.post-73632850121702705722009-01-08T21:31:00.000+00:002009-01-08T21:31:00.000+00:00The amount of notes and coins in circulation is ab...The amount of notes and coins in circulation is about 3% of the overall money supply. The remaining 97% is debt in some form or other. It's numbers on a computer screen. The money supply increases year on year and with it comes inflation. Inflation is an inevitable result of a fractional reserve banking system and is essentially a hidden tax. A system that gives a monopoly on creating money, out of thin air, to private, commercial, banks. What they don't 'create' is the interest they charge.<BR/><BR/>The money supply in the UK has more than doubled since Labour came to power in 1997. The introduction of notes and coins is the one way of increasing it that does not result in debt. This whole 'credit crunch' nonsense is completely manufactured. It's an old trick that's been played many times before. Increase the money supply and availability of credit, with the resultant debt, and cause a boom, then decrease it, using whatever excuse you can find, and cause a bust. Gordon Brown is wholy culpable in all this.<BR/><BR/>"Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits".- SIR JOSIAH STAMP, (President of the Bank of England in the 1920's, the second richest man in Britain):<BR/><BR/>"Banks lend by creating credit. (ledger-entry credit, monetized debt) They create the means of payment out of nothing." -- Ralph M. Hawtrey, Secretary of the British Treasury<BR/><BR/>"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863<BR/><BR/>"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." -- Robert H. Hamphill, Atlanta Federal Reserve Bank<BR/><BR/>http://en.wikipedia.org/wiki/M4_money_supplyHarry Jhttps://www.blogger.com/profile/08299538663895557942noreply@blogger.comtag:blogger.com,1999:blog-5187043.post-75721329591135216572009-01-08T12:23:00.000+00:002009-01-08T12:23:00.000+00:00If I were Mr Routledge, I'd blow £10k on a holiday...If I were Mr Routledge, I'd blow £10k on a holiday (preferably somewhere warm), just leave the £6k in the bank and get the full benefits. At age 77 what's he saving for anyway ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5187043.post-70146523491049302732009-01-08T11:14:00.000+00:002009-01-08T11:14:00.000+00:00BTW, that expected 10% return is NET, not even gro...BTW, that expected 10% return is NET, not even gross! Perhaps the government could release a list of approved banks who offer a rate of 10% net of tax, to help those prudent savers they are so callously defrauding.<BR/><BR/>As for the printing of money, unleashing inflation with an electorate which is predominantly elderly and getting older is suicidal. However, doesn't stuff like this take 18 months or so to feed into inflation? If so, it will happen AFTER the General Election.<BR/><BR/>Once again, scorched earth from Labour.<BR/><BR/>As for council tax, regardless of whoever wins the election they will rise by at least double digits the year after. Expect 10, 15% rises.Furry Conservativehttps://www.blogger.com/profile/15840687073409523262noreply@blogger.comtag:blogger.com,1999:blog-5187043.post-85039437040367246252009-01-08T10:24:00.000+00:002009-01-08T10:24:00.000+00:00The government doesn't want self reliance, Laban. ...The government doesn't want self reliance, Laban. If you rely on yourself, you don't need them.Anonymousnoreply@blogger.com