Tag Archives: International Monetary Fund

Send your Santa Letters to the Bankers. They can make Miracles happen, says Robin Hood…

Here’s my Santa Letter that I put here. Will you add yours?

Dear Bank of England,

For Christmas, it would REALLY be nice if ALL of your employees were invited to remember how you were created in 1694: the Bank of England Act foresaw a punishment for TRADING, to avoid the SUPPRESSION of Their Majesties’ subjects, at TREBLE the value of the trade. See http://bit.ly/fgU3Ps

Hence my biggest wish is that you stop selling ‘bonds’ or any other papers or currencies to the Treasury as “public debt”, only for us the taxpayers to pay interest every year, in every budget, no matter who’s in government.

My next biggest wish is that you stop listening to the Fed, the IMF and any other American economists or bankers. Think your own thoughts! And think about what is good for the people in the UK and not just the global financial elite. Could you please put your allegiance where it is supposed to be, and not with whoever wines and dines you best?

And then I do wish that you supervise all banks propoerly, for self-regulation does NOT work. With the internet it’s easy now. Get proper statistics together! Just as everybody gets hit and hurt when ZERO is reached in an account, so please hit and hurt your fellow bank(st)ers:

  • when there is too much Credit and not enough Cash in the money supply
  • when short, medium AND long-term inflation figures become unacceptable
  • when banks get bailed out WITHOUT victims of financial exploitation and legal oppression being compensated for white collar crimes committed by people in your institutions.

What a lovely 2011 it would become!!!…

Yours gratefully in advance,

Sabine

Organiser, Forum for Stable Currencies
Web Publisher, Victims Unite!

Dear Correspondence & Enquiry Unit @ HM-Treasury

Dear Correspondence & Enquiry Unit

I found your letter to Mr X so interesting that I published it on http://publicdebts.org.uk

As a mathematician and system analyst who used to diagnose high energy physics software at CERN, I trust my logic and analysis. Hence I would like to ask:

1.     How much of the capital of the National Debt is paid annually?

a.     Where are the statistics?

b.     Who determines the amount or percentage?

2.     What is the time span that is considered for ‘spreading across generations’?

3.     I do find the logic interesting that the National Debt is used for a ‘more stable the tax system’.

a.     Why do taxes get changed anyhow?

b.     What do you consider “economically efficient or inefficient”?

4.     What do you or the IOBR consider a “sustainable position”?

a.     Where is the clear and measurable fiscal mandate?

b.     Is there an equally clear and measurable mandate for the National Debt?

5.     What prevents HM Treasury to increase M0 to stabilise the tax system?

6.     Why is it relevant what the IMF thinks about HM policy?

7.     Why do you think that the IMF comment about “market reaction has been positive” is proof of the Government’s strategy to be “working”?

Looking forward to your response,

Yours sincerely,

Sabine K McNeill

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3D Metrics, Director

Forum for Stable Currencies, Organiser and Promoter

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