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You could not have £5 billion popping out of a bank account without it disrupting the balance sheet completely. But I remember that at about the same time as those transfers were being made the noble Lord, Lord Myners, was indulging in his game of rearranging the deckchairs on the Titanic of the British banking community. If he had three banks at that time, which had had, say, a deficiency of £1.5 million each, then you would pretty well have absorbed the entire £5 billion, and you would not have had the sore thumb stick out at that time; you would have taken £1.5 billion into each of three banks and you would have absorbed the lot. That would be a logical explanation-I do not know.
Originally posted by squirelnutz
Let's stop talking about speculation and talk about the facts
Originally posted by ProtoplasmicTraveler
But it won’t be a paper currency, it will be an electronic currency, and will effectively end people from being able to do any kind of trade or obtain anything except from ‘pre-approved’ point of sale corporate entities the inventors of the current monetary system (Rome and the Oligarchs) now control.
Originally posted by mcrom901
reply to post by adjensen
Originally posted by adjensen
Also, as a follow up, the UK has elected not to pursue said money.
www.zdnet.co.uk...
They don't cite the reasons, but I suspect their silence might be more a matter of not offending a member of the House of Lords than not wanting to expose some nefarious organization.
thanks for those details....
from your link.....
"At no point has Lord Sassoon, or any Treasury officials, held any meetings with Lord James of Blackheath or any organisation that he mentions on this subject," the spokesperson added.
When he detailed the offer on Monday, Lord James began by apologising to Lord Sassoon "because I am about to raise a subject that I should not raise", then said he had been in a two-week discussion with Lords Sassoon and Strathclyde about the matter. He went on to say that neither Lord Sassoon nor Lord Strathclyde — who is the leader of the House of Lords — gave credence to the offer.
hmmmm.....
The Treasury's statement appears to contradict Lord James' claim that he has met with Lord Sassoon to discuss Foundation X's offer, although it is not clear how he related the offer if not in some kind of meeting.
which doesn't seem to hold any water....
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.
www.theyworkforyou.com...
The sassoon family
David Sassoon was born in Baghdad, Iran in 1792. His father, Saleh Sassoon, was a wealthy banker and the treasurer to Ahmet Pasha, the governor of Baghdad. (Thus making him the "court Jew" - a highly influential position.) In 1829 Ahmet was overthrown due to corruption and the Sassoon family fled to Bombay, India. This was the strategic trade route to interior India and the gateway to the Far East. In a brief time the British government granted Sassoon "monopoly rights" to all manufacture of cotton goods, silk and most important of all - Opium - then the most addictive drug in the world!
The Jewish Encyclopedia of 1905, states that Sassoon expanded his opium trade into China and Japan. He placed his eight sons in charge of the various major opium exchanges in China. According to the 1944 Jewish Encyclopedia: "He employed only Jews in his business, and wherever he sent them he built synagogues and schools for them. He imported whole families of fellow Jews. . . and put them to work."
Sassoon's sons were busy pushing this mind-destroying drug in Canton, China. Between 1830 - 1831 they trafficked 18,956 chests of opium earning millions of dollars. Part of the profits went to Queen Victoria and the British government. In the year 1836 the trade increased to over 30,000 chests and drug addiction in coastal cities became endemic.
In 1839, the Manchu Emperor ordered that it be stopped. He named the Commissioner of Canton, Lin Tse-hsu, to lead a campaign against opium. Lin seized 2,000 chests of Sassoon opium and threw it into the river. An outraged David Sassoon demanded that Great Britain retaliate.