-Caveat Lector-
The profits of the Federal Reserve itself are returned to the US
governement.
However, the profits of the member banks are not! The member banks of the
Fed
benefit hugely, of course, by getting their share of money created out of
nothing to
loan....same in England w/ the nationalized Bank of England.
Most of what you have read from the conspiracy culture about these matters
is
incorrect in details like these....though correct in overall perspective.
-----Original Message-----
From: Webmaster <[EMAIL PROTECTED]>
To: Lloyd Miller <[EMAIL PROTECTED]>
Date: Monday, December 28, 1998 12:19 PM
Subject: Re: Owners of the Bank of England
That's great - many thanks, any pointers on reading material to flesh this
out? - Also, does this mean that UK pounds are not indebted on their
creation? ie money is put into circulation with printing costs as the only
overhead? unlike the US and Fed arrangement.
I am also trying to find out who owns the newly created the European
Central Bank (ECB) which is responsible for the provision of the Euro
Kind regards, Latimer Clark
On 28 Dec 98, at 7:05, Lloyd Miller wrote:
> The Bank of England was nationalized by the British Government under the
> Labor Party after World War II.
>
> Of course, this means nothing as the previous owners of the Bank of
> England own the government. Remember, the Rothschilds, contrary to
> popular myth, are Court Jews, agents of the Monarchy and subservient to
> it. The Rothschilds were rewarded with a position on the prestigious
> "Acceptance Committee" of the Bank of England after the Napoleonic Wars.
> The Royal Family and their relatives and allies owned the Bank of England.
> Remember a point seldom mentioned, investment bankers act as agents for
> the super rich....they are not the "Rich", themselves.
>
> The Rothschilds had no money when William of Orange conquered England in
> the Glorious Revolution. William was already super-rich with a House full
> of Court Jews at his beck and call! Rothschilds rose to prominence
> around the time of the American Revolution acting as Court Jews for the
> then richest man in the World the Landgrave of Hesse Cassel, a relative of
> the British Monarchs. The Landgrave made money renting out drafted
> soldiers to other Monarchs and making loans all through covey of Court
> Jews who where positioned to take the blame......
>
> >Hi Lloyd,
>
> >Wonder if I could pick your very knowlegable brain - The Fed is well
> >documented as a private bank and its owners are known. The Bank of
> >England is acknowledged as a private bank, but I have little knowledge of
> >its owners - I would assume that Rothschild would be key as apparently
> >they provided alot of support to get William of Orange into power in the
> >first place, but do you know of any resources that I could follow up on?
>
> >Very kind regards, and I greatly admire the work you are doing.
>
> >Latimer Clark
>
>
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