‘Money’ = ‘Credit’ (check any ledger, Bank Statement, etc) … and the primary/generalised definition of ‘credit’ is what?

The dictionary says: “Faith placed in something”. So ‘money’ = ‘faith’ = ‘belief’ = ‘imagination’ = CONCEPT. (Any RELIGION = “Faith placed in something”)

So … is this what it’s all about then? Religions? If not, what is the ‘source of money’?

According to the Bank of England’s First Quarterly Bulletin for 2008, Page 103 (PDF Page 105), bottom-left paragraph:

“Subject only but crucially to confidence in their soundness, banks extend credit by simply increasing the borrowing customer’s current account, which can be paid away to wherever the borrower wants by the bank ‘writing a cheque on itself’. That is, banks extend credit by creating money.”

A source link to that bulletin is:

http://www.bankofengland.co.uk/publications/quarterlybulletin/qb0801.pdf

Take your thinking from there: Money is created out of thin air.

(Religions also come out of thin air, of course)

I have a banknote. It says on it “I PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF £20″. Has anyone ever seen “A SUM OF £20″ … or have you only ever seem bits of paper PROMISING it?

‘Money’ = The pot of gold at the end of the rainbow.

This true story sounds so incredible that it has so far taken eight long years to even begin to penetrate the depths of corruption that exist in this excuse for a “bank” — which is protected by both the useless and crime-dependent FSA as well as HMCS where our Judges and officers of the court have been also widely corrupted and ‘nobbled’ by the Banks that the Law is tossed over their shoulder and evidence no longer even counts. They have one Agenda only: State Terror through the Scottish Financial Mafia (government, banks, courts).

Don’t believe this? Then answer me how come a ‘strike out application’ (which we issued recently) on a fraudulent mortgage possession claim could possibly fail when no evidence exists (or has ever existed) of a Mortgage agreement Yes, but it did fail and was unlawfully dismissed … and the bent Judge actually ASKED, invited, and encouraged the bank’s “barrister” to claim costs, even though the case and evidence had not even been heard or heeded, and even though he had not submitted these ‘costs’ to the court 24 hours prior, as required by the Court Rules!

The biased and ill-behaved judge said “how much do you want ?” and the corrupt barrister replied “oh – about a £1,000″ — for one hour’s attendance. Does that sound a bit too much like a pre-meditated corporate bullying session? Indeed: it involves the worst form of organised crime, between criminals who disregard the law and who are masquerading as court and legal ‘officials’. And all of US are allowing this outrageous state of affairs to persist — count me out. I’ve had enough of this criminality in our courts and intend to expose the corruption therein. Care to join me?

The banks were aided and abetted by politicians their lawyers too (Rory McAlpine, of Denton Wilde Sapte springs to mind).

They developed a system which masquerades as business but is actually high-rolling theft and pretended they had the law behind them. In reality, much of what these guys get up to is illegal, if not CRIMINAL.

Billy Bragg is spot on with his NoBonus4RBS campaign. We should have him in politics ASAP to help clean up politics and the banks, and the professional services firms.

Billy we’re with you all the way.