New Labour set up the Debt Management Office in 1998. But I’m sure it would have been set up by the other party, too.
In parallel with the budget, it publishes Debt Management Reports, where I collected the data for this graph:
The sharp rise in 2008 signals the “crisis”.
This article shows the New World Order and its player, the Bank for International Settlement (BIS), in action: bankrupting states so that the invisible governments of central banks and banks can use ‘financial products’ and ‘monetary aggregates’ to control the real world and the real economy. In the name of freedom, democracy and law and order !?…
Posted in Bank for International Settlements, Banks, Central Banks, Economics, Government budgets, Government debt, Nation States, National debt, Public debt, Sovereign debt, Uncategorized
Tagged nation states, public debts, sovereignty
This video is a recording of the Dylan Ratigan Show on MSNBC News – exposing the banks, the Fed and Congress, framing the Fed as the godfather of the greatest con and cover-up…
The points are:
- bankers benefit from guaranteed low interest rates from ‘central bank money’ from the Fed
- banks have no money; they use ‘funny money’
- banks lend funny money at high interest rates
- the electorate is ignorant
- should Congress allow for more power for the Fed?
- lobbyists hand out huge cheques
- Congress works for the banks, not for the people
- bankers have no personal responsibility.
Here are more links for the same video, albeit shortened:
Gang Stalking World
This 20-page booklet was published by the Canadian Centre for Policy Alternatives (Ottawa) in 1992.
It’s about the myths about government debt.
The Robin Hood Tax campaign is a great initiative to attract attention to the mortal embrace between bankers and politicians and the imbalance between excessive funds in the financial industry, compared with chronically dwindling public funds.
The organisers are currently collecting images for the next public action. Here‘s the one for the Forum for Stable Currencies.