A confused Britsh goy want's answers on another fun packed day

[michaelangelo]

Is it me or is it all nonsence ?.

Regarding the latest proposed cutbacks announced yesterday in the UK to pay off debts to the banks ? I find it rather confusing. Didn't we bail out the banks ? and now we have to pay back the banks ? How does that work ? have I got it all wrong ? Why should we pay the banks anything ? Who is the country in debt to ?
 
Surely first the country needs to sort itself out. Get manufacturing again and maybe in ten years when we are prospering then pay it back. I really don't understand it. But how many of the sheeple ever question that ?. Making cutbacks now will destroy the country from within. Maybe that's what it's all about. A Marxist type takeover by the Zionists.

[Helphand]

If not already done, consider taking a look at the leaflets downloadable at

http://www.moneyreformparty.org.uk/

-- it may be controlled opposition but for UK domestic politics that's currently as mainstream as it gets.

I posted a snippet on this in TiU Sanctum in Organised Resistance under the rubric SOLUTION - follow the money? My incomplete start, but there's plenty more and better to read out there including the stuff MPs have rasied as e.g. Early Day Motions many of which you can find on the web.

You'll note my strictures in that other posting about the need for a UK-relevant easy-to-digest summary of the issue and possible remedies. I know David Pidcock has a conceptually simple solution.

When you feel able, maybe also write your MP and quote what Rafeeq said in the Silver Update TFC podcast in early May about Governments printing money to help banks and the fact that it raised the question why they didn''t do it for social needs before that...

Part of the problem in the UK is that most of the materials on debt money / fractional reserve lending seem to be based on the US banking system/situation. But here's a few covering either, many available at

http://www.archive.org

http://www.fugaziquo.com

or at TFC itself:

  A.N. Field - All These Things (1936).
  Arthur Kitson - A scientific solution of the money question (1895).
  Arthur Kitson - The Bankers' Conspracy.
  Arthur Kitson - The Money Question  (1903).
  Arthur Kitson - The Money Problem (1894).
  Arthur Kitson -  A fraudulent standard : an exposure of the fraudulent character of our monetary standard, with suggestions for the establishment of an invariable unit of value (1917).
  Arthur Swan - The Other Road To Serfdom (1993).
  David Astle - The Babylonian Woe (c1974).
  David Astle - Two Essays: The Tallies, A Tangled Tale / The Beginning and the Ending (1997).
  Ellen H. Brown - The Web Of Debt (2007).
  Eustace Mullins - The Secrets Of The Federal Reserve (1948).
  Federal Reserve Bank of Chicago - Modern Money Mechanics (1994).
  Frederick Soddy - Money Reform as a Preliminary to all Reform (1950).
  Frederick Soddy - Money Versus Man (1931).
  Frederick Soddy - The Gold Standard Snare.
  Frederick Soddy - The Role Of Money (1934).
  Hilaire Belloc - Usury (1931).
  June Grem - The Money Manipulators (1971).
  Murray N. Rothbard - The Case Against The Federal Reserve (1994).
  Murray N. Rothbard - The Mystery Of Banking (1983).
  Olive and Jan Grubiak - The Guernsey Experiment.
  Silas W. Adams - The Legalized Crime Of Banking And A Constitutional Remedy (1958).
  Simon Haxey - England's Money Lords (1939).
  W. Cobbett - Paper Against Gold (1810).
  W. Stanley Jevons - Money And The Mechanism Of Exchange (1898).

One note of "warning": beware mises.org and their obsession with gold-backing.

[bigwaga]

Hi

If you go to Daryl's site and download his interviews with Mohammed Rafeeq, you will get a heads up on how the financial system works and where it's going.

here's a couple of links to get you going.

http://iamthewitness.com/audio/Muhammad ... q.1of2.mp3
http://iamthewitness.com/audio/Muhammad ... q.2of2.mp3


John

[abduLMaria]

Regarding the latest proposed cutbacks announced yesterday in the UK to pay off debts to the banks ? I find it rather confusing. Didn't we bail out the banks ? and now we have to pay back the banks ? How does that work ? have I got it all wrong ? Why should we pay the banks anything ? Who is the country in debt to ?

if you want to understand today's economic world, i recommend the following writers.  certainly, some of them manage money for rich people, & some of them are Jewish, but - these are the best financial writers & journalists i have found.

Mohammed Rafeeq - colleague of Daryl Bradford Smith, has worked about 25 years in England finance, knows his stuff - bond, currency, equity, & commodity markets.  Link is to one hour talk with DBS & a gold anti-trust activist, where Mohammed explains both shorts & naked shorts in the commodity futures markets -
http://www.iamthewitness.com/audio/Bill ... 4-2010.mp3

plus, Mohammed is knowledgeable about Zionism so he is able to explain economics in its entirety.


Karl Denninger - goes on a lot about the crimes of the bankers, never mentions their ethnicity.  does a great job explaining their crimes.  Has good familiarity with bond, currency, & equity markets.
http://market-ticker.denninger.net/


Zero Hedge - names himself after the Brad Pitt character in the movie Fight Club, "Tyler Durden".  Has good familiarity with bond, currency, equity, & commodity markets.
http://www.zerohedge.com/


Harvey Organ - works in the precious metals & currency trading part of the financial industry.  seems very honest, happens to be Jewish.  was instrumental in helping blow the lid off market manipulation in the gold & silver markets at the March 25 CFTC hearings.  his Blog is a must-read if you are interested in precious metals investing.
http://harveyorgan.blogspot.com/


Jim Puplava - Has good familiarity with bond, currency, & equity markets.  Pretty "mainstream", won't use the term "conspiracy theory", prefers to use the term "game the markets".  Does a 3 or 4 hour webcast every week.
http://www.financialsense.com/fsn/main.php


John Mauldin - did a great job explaining credit derivatives & their relation to the economy over about a one year period in 2009.  Has good familiarity with bond, currency, & equity markets.
http://www.frontlinethoughts.com/index.asp

these are some of the people that have helped me understand today's economy.  as far as your questions - yes, it is complicated.  i am fascinated by this subject area and i still don't understand it.