Saturday, Feb 07, 2009
Makes you want to riot..........
The Guardian: Disgraced HBOS bankers received their goodbyes in cash
"Disgraced banking boardroom executives at HBOS walked away with cash payments worth hundreds of thousands of pounds each, the Guardian has learned.
Executives were handed the cash after HBOS was rescued by Lloyds TSB and the takeover formally activated a "change of control" clause in their contracts."........I dont know how much more of this I can take without doing something about it
Posted by titaniccaptain @ 06:15 PM (886 views) Add Comment
24 Comments
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1. titaniccaptain said...
They should revieve their goodbyes in bullets
2. phdinbubbles said...
A golden goodbye? - tie a gold weight to their ankles and make them walk the plank - but why would you throw something with a store of value overboard? Need to think about this a bit more. Lead weight goodbye?
3. troy said...
Motivated by self-enrichment and a hedonistic desire for the pleasures of the world, those who have been led astray have fallen victim to the lies and deceit of satan, his minions, and his luciferian followers. For many centuries now, these unfortunate and poor souls, who are also poor in spirit although rich in material things, have been conducting themselves in ways that are not for the betterment of mankind but only for their own self-enrichment. They have deceived themselves in following the dark one, for in the end they will pay a terrible and dear price for the way they have conducted themselves to the detriment of humanity.
and similar verbalisations
4. troy said...
Beware now of your leaders who show no regard for the sanctity of life at all stages of life. They are doing the work of the evil one; many of them are doing it blindly; but unfortunately many of them have sold their souls into darkness, and they will soon despair, for the Lord and Saviour will interfere boldly with their plans, and justice for all of mankind shall prevail.
if you are a nurse don't prey for your clients
5. troy said...
Those of you who have been given specific missions in these times know who you are, and you know that it is time now to act in decisive ways to co-create with God the Father in Heaven and His Son with the creation of a powerful Love that will transform the world and usher in the Era of Peace.
6. troy said...
sorry tc, I was inspired by your " dont know how much more of this I can take without doing something about it"
to find something er well different.
I doubt whether littleprofinbubbles our Putin expert will see the 'lighter' side.
7. troy said...
CHAPTER II
MONEY AND ITS FUNCTIONS.
IN a state of civilization money performs an important part in the production, distribution and accumulation of wealth ; it is necessary, therefore, that it should be based on sound principles. A great deal of nonsense has been written about money and its hidden power, partly through ignorance and partly through design. So widely have political economists differed in regard to its nature and functions that it is not surprising that people have been willing to ascribe to it some mysterious power, or that they should have almost despaired of being able to comprehend the principles on which it is founded and by which its movements are governed. And this delusion has been encouraged in every way possible by the moneyed and governing classes, who are thus enabled to found systems of money on the false theory that money is the master and not the servant of labor and property.
http://yamaguchy.netfirms.com/7897401/berkey/berkey_index.html
William Berkey
The Money Question
Paper Monetary System
PREFACE
In appearing before the public in the character of a writer, upon what is commonly supposed to be a very abstruse subject, a word of explanation seems to be necessary. For over a quarter of a century I have been actively engaged in business, as a manufacturer, and have naturally been led to enquire into the laws which govern the production and distribution of wealth. It was a matter of perplexity to me why it was that a nation possessed of the wonderful natural resources and the enormous productive powers that are possessed by the American people, should not enjoy general and uninterrupted prosperity ; and, knowing that wealth is chiefly the product of labor, that the industrial classes of society are unable to retain anything like a fair proportion of the wealth produced by their labor.
http://www.thetruthseeker.co.uk/article.asp?ID=10156
8. troy said...
IN MEMORY
OF
MY SAINTED FATHER,
WHO, FORESEEING THE RESULTS OF OUR CIVIL WAR,
AND THE CONDITIONS THAT MUST ARISE
FROM THE CORRUPT FINANCIAL SYSTEM
ADOPTED IN ITS EARLY STAGES,
GAVE WARNING TO HIS CHILDREN, ENTREATING THEM
EVER TO REMEMBER THE CAUSE OF THE OPPRESSED,
AND EVER TO CONDEMN A SYSTEM OF LEGISLATION
CALCULATED TO REDUCE THE LABORING
CLASSES TO A STATE OF ABJECT
AND HOPELESS SERVITUDE ;
IN REMEMBRANCE OF HIS PROPHETIC WORDS,
AND HIS GREAT LOVE FOR HUMANITY,
THIS LITTLE VOLUME IS SACREDLY
DEDICATED
TO THE ENSLAVED PEOPLE
OF A
DYING REPUBLIC.
CHAPTER III.
NATIONAL BANKING SYSTEM.
THE next scheme for robbing the people was the national bank act, passed in 1863. Of all the villainous schemes of robbery ever practiced upon any people our national banking system stands preeminent. By it Shylock was permitted to invest his greenbacks in government bonds at face value ; upon these bonds he not only drew gold interest in advance but by means of the bank scheme he actually had 90 per cent of their value returned to him. While drawing interest upon the entire investment in the form of bonds, 90 per cent of it has been returned to him in the form of national bank notes, and it is with these he carries on his banking business, loaning them out upon the most advantageous terms. On the one hand he draws interest from the government ; on the other, from the same investment he draws interest from his individual debtors.
For instance, you borrow $100 from your national banker, he graciously loans it to you at ten per cent in advance, which actually leaves you but $90. With this $90 you supply your family with food and clothing, upon a large part of which, as we have already shown, you pay an import duty, this import duty, please remember, went into the treasury and from thence paid interest on this same bankers bonds. Now is it not clear that your banker has been paid two interests upon the same money, one directly upon the bank notes, presented him by the government, which he loaned to you at ten per cent interest, the other indirectly as interest on his bonds, which was paid with the import duty that had been added to the price of your goods ? Now it is not for me to condemn individuals for taking advantage of this infamous law, but we do in most unqualified terms, denounce such a system of public robbery. None but the wealthy classes are able to enter upon this profitable banking business. If it is proper for the government to make the business of the wealthy thus lucrative, is it not equally just to give like advantages to the poorer classes ?
A wise government will look to the interests of its wealth producers who constitute the great toiling masses, and a just government would make the way to prosperity as easy for its humblest as for its most wealthy citizen. If this system is good for banking it ought to be good for every other legitimate enterprise, and every other law-abiding citizen is entitled to like consideration.
http://yamaguchy.netfirms.com/7897401/emery/emery_index.html
9. troy said...
Money Creators
Who Creates Money ?
Who Should Create It ?
by
Gertrude M. Coogan
First printing February 1935
Library of Congress Catalog Card Number 67-28926
PREFACE
How long shall we allow our leaders, spiritual and political, to pretend that they see nothing, hear nothing, and know nothing ? How long shall we tolerate organs of education and information, public and private, commercial and religious, which are drugged ? How much longer shall we silently consent to have the strong kept in a trap, the wise surrounded by fog, and the sincere millions caused to suffer needlessly ?
There can be no Liberty without Economic Freedom America can have no Economic Freedom without an honest money system one removed from the controls of the socially irresponsible private Money Creators.
http://yamaguchy.netfirms.com/7897401/coogan/coogan_index.html
10. troy said...
Because of the tremendous smoke screen of fake mysteries, misrepresentations, falsehoods and twisted truths which money creators have long used successfully to befog the mind of a trusting public, it is necessary that we acquaint ourselves with the truths which lie beneath the most familiar deceptive terms . This chapter is intended to aid the reader who has believed, under the stimulus of autosuggestion, that he or she could not understand money . These definitions will enable any intelligent person to recognize when writers are attempting to deceive.
Fiat Money : This term is always used in derision, to suggest that it is wrong for any one to create money . The simple fact is that all money is fiat money . The word fiat is the Latin, meaning, so be it. Money is not found in nature . It is an invention, creation and instrumentality of civilized organized society . Either private individuals or a government must create it by fiat . The only question is : By whose fiat shall it be created ?
Is it by nature a gift of Providence to the chosen few to use as they please, or is it inherently a prerogative of all of the people and, hence, a prerogative of the government itself ? The wise, sagacious, experienced, history-conscious founders of the American Republic recognized that it was the vital prerogative of the government . Are we intelligent enough to see what they saw, strong enough to return to the principles they pointed out ?
11. shining wit said...
to troy @ 3,4,5,6,7,8,9 and 10 (although this list may not be exhaustive)
My psychiatrist informs me that multiple posting is a sure sign of OCD.
12. troy said...
St. Gregory of Nyssa, the immortal thinker of the fourth century, wrote these lines :
He who would give the name of robbery or
parricide to the iniquitous invention of interest would
not be very far from the truth. What, indeed, does
it signify if you have made yourselves masters of the
wealth of another by scaling walls or by killing
passers-by, or if you have acquired what belongs to
you by the mercyless method of the loan ?
If anyone had prophesied to St. Gregory as follows :
A day will come when what thou treatest as
robbery and assassination will become the law of
the world, and when an Attorney-General will
indict in an assize court the writers who share thy
opinion. The whole of society will be founded upon
usury. They will build a temple which they will call
a Stock Exchange. This temple will fill the place of
thy cathedrals, even as thy cathedrals have filled the
place of the temple of Venus or Jupiter. The priests
serving in this new temple will be called bankers,
stockbrokers and financiers. They will swindle
others out of all the gold that will insure to them
omnipotence. They will buy everything that is
buyable, and some of the things that are not. And
vain revolts against their frightful empire will serve
only to make more manifest its terrible solidity !
If anyone had prophesied that to St. Gregory, St. Gregory, who believed in God, would have joined his hands and cried : Lord, deliver us from such a moral malady !
The malady has run its course.1
The problem of interest is clearly stated by the Austrian Economist, Professor Bohm-Bawerke, in his great work on Capital and Interest (I quote from Professor William Smarts translation) :
It is generally possible for anyone who owns capital to obtain from it a permanent net income, called Interest.
This income is distinguished by certain notable characteristics. It owes its existence to no personal activity of the capitalist, and flows in to him even where he has not moved a finger in its making. Consequently it seems in a peculiar sense to spring from capital, or, to use a very old metaphor, to be begotten of it. It may be obtained from any capital, no matter what be the kind of goods of which the capital consists ; from goods that are barren as well as from those that are naturally fruitful ; from perishable as well as from durable goods ; from goods that can be replaced, and from goods that cannot be replaced ; from money as well as from commodities. And, finally, it flows in to the capitalist without ever exhausting the capital from which it comes, and therefore, without any necessary limit to its continuance. It is, if one may use such an expression about mundane things, capable of an everlasting life.
Thus it is that the phenomenon of interest, as a whole, presents the remarkable picture of a lifeless thing producing an everlasting and inexhaustible supply of goods. And this remarkable phenomenon appears in economic life with such perfect regularity that the very conception of capital has not infrequently been based on it.
Whence and why does the capitalist, without personally exerting himself, obtain this endless flow of wealth ?
These words contain the theoretical problem of interest.
http://yamaguchy.netfirms.com/7897401/kitson/kitson_index.html
13. troy said...
shining wit
probably true, I am having serious problems with a couple of laptops
there again, don't you mean ODP?
14. This comment has been removed as it was found to be in breach of our Blog Policies.
15. Philip9134 said...
Stone the crows troy sit down have some coca old bean. Titaniccaptain please no more posts that will upset troy, it looks as if his motherboard has gone a little out of shape!
16. troy said...
shining wit, on second thoughts it could be software problems with a couple of lapdancers
Either way I'm staying well clear of horses.
17. shining wit said...
Apparantly if you take too many horses you're in grave danger of either over-heating or drinking too much water, which can make it difficult pulling ones jodpurs on!
18. quiet guy said...
troy,
Thanks for killing TitanicCaptain's posting stone dead. Really. Great assassination job there.
19. theboltonfury said...
who the f*** is Troy?
Nice one mate. A thread assassin
20. shining wit said...
theboltonfury @ 17...
Think it might be malct.......And he may have consumed some noxious substances ! Now if only he'd do to GB what he's done to the thread !
21. p. doff said...
17. theboltonfury said...'who the f*** is Troy?'
Malct. (on steroids)
22. japanese uncle said...
Never in the field of corporate remuneration, was so much paid by so corrupt banks to such mediocre minds.
23. Vivtherevolution said...
SIMPLE close all our UK bank accounts and use off shore such as non resident accounts in Spain where they still operate hundreds of small local banks that are guaranteed by the government. OK you wont get an overdraft or a cheque book but a debit card and internet. If you have borrowing in the UK and your bank decide they want it back they cant just take your money. Moreover they dont have your spare cash to invest and pay themselves the bonuses.
Problem is most stupid people in this country are so set in their ways, they all moan and say they are annoyed by bank bonuses but at the end of the day aren,t prepared to do anything about it, incase it upsets their sad little lives.
Viva the revolution
PS anyone up for forming a new political party???? Just to annoy the big boys!!!!
24. This comment has been removed as it was found to be in breach of our Blog Policies.