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The UK Uncut initiative is a wonderful expression of the Signs of Our Times:
- it began with a Twitter hashtag #ukuncut
- what manifested as a sit-in of 70 people in a Vodafone store in London
- and spread across the country in no uncertain way.
Spread the word, join in actions, or at least smile!
One Good Cut instead!!!
With thanks to Inquiring Minds.
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Filed under: Borrowing, Campaigning, Central Banks, Credit Crisis, Credit Crunch, Debt, Economic measures, Government budgets, Money supply, National debt, Spending cuts Tagged: | Bailout money, Barclays, credit crunch, debts, spending cuts, Tax avoidance and tax evasion, Twitter, UK Uncut, Uncut
I have watched your recently posted videos and was very impressed.
There is still one aspect that I’m still unsure about, and I was wondering if you might be able to help. Does the Bank of England really lend money to the UK government at interest? Is it really a separate private entity?
I have seen plenty of articles stating that the Federal Reserve is privately owned by the banks, but I have never seen any convincing evidence showing that the Bank of England is lending money to the UK government at interest?
When the BoE ‘prints’ money through quantitative easing, is this not an example of the government’s power to create money?
Yes, yes, Jon,
“Public” or “national” debts are the biggest con there is and it’s global!
Look at BoE Nominees http://bit.ly/bxl0e5 and the Bank of England Act 1694 http://bit.ly/aNRGPw.
Also: have a look at http://publicdebts.org.uk
The independence of the BoE and the Treasury is FIRM, I can assure you.
Welcome to the ‘club of disillusionment’!…