Peer Claims 'Foundation X' Will Pay UK Debt

Originally posted by boondock-saint

Originally posted by rlro2009
Thank goodness somebody was saving some cash for a rainy day...

I hate to inform ya mate
but that money saved for a rainy day
by the elite ....

was stolen from the citizens
to begin with.

That's what banks and the elite do !!!!
And they sell it back to ya
at interest or for a loan which
the citizens can't afford.

The fractional process is getting downright
absurd.

Of course, all the more reason to take some of it back when offered.
The terms seem quite attractive.

Just to put it out there, here is the response on this by Lord Sasoon.

TheyWorkForYou linky

Text of the response:

Lord Sassoon (Commercial Secretary, HM Treasury; Conservative)

I am very grateful to the noble Lord, Lord Myners. He had great trouble keeping a straight face. I have to say that I took extremely seriously my noble friend Lord James of Blackheath's suggestions that there were people who could help us out with our financial difficulty. The noble Lord, Lord Myners, thinks it is all a joke. I have been in detailed discussions over the past number of weeks with the noble Lord, Lord James of Blackheath, and of course we take seriously anyone who wants to invest in our economy. I know many people believe that there will be great opportunities in our infrastructure programme to invest in rebuilding our networks to underpin growth.

That's a lot of gold! It's mentioned this gold may have been secretly accumulated over a period of over one hundred years but that it's value is apparently more than double the amount of gold ever mined out of the earth?

Perhaps it has yet to be mined. Could partly explain the incremental nature of the 'offer'.

Although the report states Foundation X expects no interest paid and is willing to take the risk the debt may not be repaid, the 'offer' is not unconditional. The condition is expressly stated; the money/donation is to be spent on British social welfare services.

Why would we need so massive an injection into these services? Sure the Treasury could divert existing social welfare budgets to other government departments and spending programmes and that would help the economy maintain some bouyancy but that still only represents a stop gap solution to current instability.

Who would benefit from unprecented investment in the British social welfare and education systems? If this 'offer' is accepted, what non-monetary return would an organisation that is willing to accept the risk of non-repayment, deem equitable?

I found a clip with Lord James explaining who they are and why they are doing it.. [url=http://news.sky.com/skynews/Home/Politics/Foundation-X-Lord-James-Of-Blackheath-Tells-Sky-News-Group-Could-Pay-Off-Billions-Of-UK-Debt/Article/20 1011115795267?lid=NewsYourWay_ARTICLE_15795267_Foundation_X%3A_Lord_James_Of_Blackheath_Tells_Sky_News_Group_Could_Pay_Off_Billions_Of_UK_Debt]LINK[/u rl]


I can't get the link feature to work on this site so just copy and paste.

Originally posted by Korg Trinity

Originally posted by wcitizen

Originally posted by biohazardjon
If these people have more gold then all the gold mined on the planet what does that mean are they saying they have gold from other planets!

Lol! That was my thinking exactly, It's a mathematical impossibility - unless as you say, it comes from another planet.

Wow. Could it be that ET's are going to help we the people to get out of the grips of these criminals. That would be totally awesome!

No it doesn't mean that at all....

It means there is old bullion that has been kept out of the accounting books for a very long period of time. For this to happen it has to be a very large and old institution or front thereof...

Korg.

Well, that doesn't quite fit with what was said, for me, but I'm willing to go along with it for now.

It sounds as you may have an idea about who it might be????

Originally posted by belial259
reply to post by wcitizen

 

Well there is one possibility. Maybe we don't know how much gold been mined and we've been deceived. This disaster was either engineered by the banks or done out of greed and corruption and stupidity.

Rumor has it that Goldman Sachs has been amassing gold on every dip for years.

King World News

What if Goldman Sachs is Foundation X?

If Goldman Sachs is Foundation X - and UK accepts, we are kaput.

What I suspect is that there are huge financial wars going on behind the scenes, in the vipers nest, and this is somehow where the shadow activities have to move into interfacing with the public. I think this story could be BS lie to hide some really shady goings on.

Originally posted by itsallmaya
"The peer refused to reveal the identity of the organisation but described them as having a "massive supranational accumulation of funds" which they have built up over 100 years.

They are motivated by a desire to rescue the global economy - and their savings - from growing instability and have provided a list of referees which includes the "most high-profile people on the world stage," he said."

_-----------------------------------------------------------------------------------------------------------------------------------------------------

Could it be the Queen?

That's bad news. The most high profile people on the planet are also the most corrupt. I say NO.

Just thought. they might want to lend us the cash so we dont have to cut our navy? less security for britain might be less security for them.

Maybe thats why they want to talk to a head of state so the can have a guarantee that we will spend some of the money on saving some of our ships and air craft and so on.

Or maybe this could all be a govt plan to draw Foundation X out into the open?

Originally posted by Fingersoup
I found a clip with Lord James explaining who they are and why they are doing it.. [url=http://news.sky.com/skynews/Home/Politics/Foundation-X-Lord-James-Of-Blackheath-Tells-Sky-News-Group-Could-Pay-Off-Billions-Of-UK-Debt/Article/20 1011115795267?lid=NewsYourWay_ARTICLE_15795267_Foundation_X%3A_Lord_James_Of_Blackheath_Tells_Sky_News_Group_Could_Pay_Off_Billions_Of_UK_Debt]LINK[/u rl]


I can't get the link feature to work on this site so just copy and paste.

I read this article and he doesn't say who they are.

Originally posted by wcitizen

Originally posted by Fingersoup
I found a clip with Lord James explaining who they are and why they are doing it.. [url=http://news.sky.com/skynews/Home/Politics/Foundation-X-Lord-James-Of-Blackheath-Tells-Sky-News-Group-Could-Pay-Off-Billions-Of-UK-Debt/Article/20 1011115795267?lid=NewsYourWay_ARTICLE_15795267_Foundation_X%3A_Lord_James_Of_Blackheath_Tells_Sky_News_Group_Could_Pay_Off_Billions_Of_UK_Debt]LINK[/u rl]


I can't get the link feature to work on this site so just copy and paste.

I read this article and he doesn't say who they are.

news.sky.com... 15795267?lpos=Politics_First_Poilitics_Article_Teaser_Regi_2&lid=ARTICLE_15795267_Foundation_X%3A_Lord_James_Of_Blackheath_Tells_Sky_News_Group_Could_ Pay_Off_Billions_Of_UK_Debt

That's because he's used the exact same link I posted with the OP and it only repeats what's already been said

If I was to pick anyone in the world that would do such a act it would be the Al Nahyan family, they are worth $500 Billion+. They would simply make the money back by keeping the UK economy afloat and reap the rewards back through oil. The family is currently investing billions in Manchester at the moment including the football (soccer) team Manchester City, they have unlimited resources.

Originally posted by teapot
That's a lot of gold! It's mentioned this gold may have been secretly accumulated over a period of over one hundred years but that it's value is apparently more than double the amount of gold ever mined out of the earth?

Perhaps it has yet to be mined. Could partly explain the incremental nature of the 'offer'.

Although the report states Foundation X expects no interest paid and is willing to take the risk the debt may not be repaid, the 'offer' is not unconditional. The condition is expressly stated; the money/donation is to be spent on British social welfare services.

Why would we need so massive an injection into these services? Sure the Treasury could divert existing social welfare budgets to other government departments and spending programmes and that would help the economy maintain some bouyancy but that still only represents a stop gap solution to current instability.

Who would benefit from unprecented investment in the British social welfare and education systems? If this 'offer' is accepted, what non-monetary return would an organisation that is willing to accept the risk of non-repayment, deem equitable?

would not the people benefit? also, social welfare is a very broad term and is like the ant lions trap if it has no clear identification of exactly what services are to be invested in. for example, security is important for the welfare of society, as well as education, health, and a stable economy. if these Xmen are donating money in essence, they should declare the uses for the money more clearly. like you dont just throw money out the window and say "god's will be done for the benefit of mankind". no you go to the AIDS foundation or a certain organization because you want something done specifically for whatever that organization stands for. so what does the UK parliament stand for?

reply to post by asperetty


I think they where pretty clear they would be investing the first £5bn in the recreation of the three Is' "innovation, intellect and infrastructure" a further £17 to fund the entire Crossrail project, plus funding for schools and hospitals. tho the management of the funds would be down to the UK Gov. These people still appear quite specific in the types of programs they would be investing in..

reply to post by WatchRider


Well, this is very interesting in relation to financial institutions only succeeding through debt.

In other words if the debt system in the UK was paid off then the big bankers would be like a trillion in debt as once banking entity as it seems.

All The Major Players in the Banking Industry our tied up in money knots. That's their real wealth as it's all tied into the rest of the world's debt.

If 75 Billion were to pay off UK debt than that would cause a chain reaction of Bankers basically going straight to hell in a hand basket.

Well, what everyone has to ask themselves is do you really think we need this Financially Elite. Do you punk?
Do you really want to work and support your enslavement and a nice slave retirement?

Really! That's what you're all doing working supporting the Financially Elite by propping them up through the Engineered Banking Debt System ( EBDS). As long as no one pays off the debt of the UK them won't be destroyed. It's a chain reaction.

My Plan Folks. Pull out all your fake credit now and put it into something real.

Buy Gold, Silver and Platinum coins, food stock and tools.

Seriously Folks, invest in something real, invest in your self and your families well being.


Thanks for Reading, MUZEAM=Peace

I have the feeling of having read this in some DC or MARVEL back in the 80's! It's funny how the world is rapidly shaping the likes of a comic script.

I have to do liittle effort to see World history from now on framed: earth opening releasing a race of flying human-lizards, huge alien mothership hovering over Vatican... whats next.

Who the bloody hell is "Foundation X" ?

It's quite extraordinary...
I think the public should be made aware of this,

This world is changing so fast

Originally posted by thoughtsfull
reply to post by asperetty

 

I think they where pretty clear they would be investing the first £5bn in the recreation of the three Is' "innovation, intellect and infrastructure" a further £17 to fund the entire Crossrail project, plus funding for schools and hospitals. tho the management of the funds would be down to the UK Gov. These people still appear quite specific in the types of programs they would be investing in..

The 'why?' intrigues and worries me far more than the 'who?'. Cliche, I know but there is no such thing as a free lunch! Whoever has made this 'offer' has an interest in ensuring the services they wish to support are not only not subject to funding cuts but able to 'grow' despite the downturn.

Why would we need improved travel and communications to the tune of £17b? I think the 'key' may lie in the 'schools and hospitals' demand.

Another cliche!, whoever pays the piper, calls the tune.

Government spends a lot of our resources analysing spending needs and projections. They already know or have already forecast how much or what % needs to be budgeted for schools and hospitals per capita.

I may be way off base here but what interests me is that whilst the ConDems have pledged to tighten up the immigration cap, they now seem to be backtracking and have yet to make a firm commitment outlining their plans.

reply to post by teapot


The targeting hospitals and schools is the bit that bugs me the most when it is prefaced with the ideal that the goal is to reinvigorate the UKs and in turn (through wider action) the Global economy.

*if* said foundation was going to invest in rejuvenating an ailing industry sector, or invest in a new industry sector then for me that matches their purported goal.

However, the investing in the 3 Is is for long term economic growth and £5bn in the long term is not much.

The Cutbacks on crossrail are to station size and train type (e,g older design of carriage) so those funds only make Crossrail a prettier and more pleasurable experience, not exactly a great economic investment.

Which leaves the hospitals and schools, in economic terms the investment seems more a short term feel good factor and great PR than an investment to provide the country with economic growth.

It simply does not add up.. there is more PR/Feel Good things about this than actual economic growth.

So I really feel

Edit to add:

As for the current lot, they are no different from the last lot.. maybe a little further to the left I mean to say.. could you ever imagine Labour getting away with signing an arms treaty with France!

The earlier thread here has lots of extra information and discussion:

www.abovetopsecret.com...

reply to post by Smokersroom


Shame you can't somehow merge threads,

but they both (or all 3) seem to have a certain flavour of their own

Which makes the discussion (for me anyway) more interesting