Ah yes. Usury as the policy of the English as espoused by the Founder of the University of Londons Economics department. Didnt they steal his head for interest?
REH From: [email protected] [mailto:[email protected]] On Behalf Of Keith Hudson Sent: Friday, October 07, 2011 2:42 AM To: RE-DESIGNING WORK, INCOME DISTRIBUTION, , EDUCATION Subject: [Futurework] What a laugh! On Day One (that is, Wednesday of this week) the Prime Minister of England, David Cameron, tells us all that the government must try and pay all its debts, particularly those left to it by the previous Labour government. On Day Two (that is, Thursday of this week) Chancellor George Osborne says to Sir Mervyn King, Governor of the Bank of England: "What about a bit of Quantitative Easing?" The Governor replies: "Only too happy to oblige. Here's another £75 billion". What Sir Mervyn doesn't say explicitly, nor is this ever suggested in the media, is his follow-up: "But I'll want £75 billion of assets by way of collateral. You can have the assets back again when you repay me £75 billion -- plus interest in the meantime, of course." So we go deeper into debt. It would be a laugh if it weren't a classic case of schizophrenia. Keith Keith Hudson, Saltford, England http://allisstatus.wordpress.com/2011/10/
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