A Return to Glass-Steagall or Just Kicking the Can Down the Road?
By Gareth, on May 10th, 2012
The slave-owning Queen Elizabeth the second gave a speech yesterday to state the priorities of her whipping-boys in parliament.
Within the speech was a ‘banking reform’ bill recommended by the Vickers report. Specifically the speech included:
A Banking Reform Bill to implement the proposals made by John Vickers, chairman of the Independent Commission on Banking, including the separation of retail and investment banking.
So is this a return to Glass-Steagall? Is it too little too late? How long could it kick the can down the road once the British Tax payer will not bail out the ‘investemt’ aka casino banking cartel? More fundamentally, why are the-powers-that-be allowing this to happen?
The bill has created more questions than answers for my mind.
Any perspectives from across the pond are appreciated.
Playing to the concerns of the people; from the do nothing, vacuous personage. It’s a classic Psyop. When they storm Buckingham (or where ever these criminals hide) she can say she is for the people. Please, ‘talk about eaters’ the Royal Charlatans should be the first to go. That would have the Banksters running scared and open the way for rescinding the central bank paradigm.
Or we could just ignore them and hope they just go away.
“When they storm Buckingham (or where ever these criminals hide)”
Chances are they’ll be in Scotland at Balmoral, bud. The Windsors are good ‘friends’ with the Rothschilds, so yes, the latter would get the message if we got rid of the former.
“Or we could just ignore them and hope they just go away.”
You are, of course, completely right that we should simply ignore them. Doubt they will simply ‘go away’ though.
Glass-Steagall and like regulation is always doomed to fail/fall.
What we really need world-wide is more fundamental solutions like those proposed by Positive Money, combined with Au and Ag cash as legal tender with a marked value a decent amount above the PM spot price when minted, to end debt slavery and racketeering by Banksters!
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Playing to the concerns of the people; from the do nothing, vacuous personage. It’s a classic Psyop. When they storm Buckingham (or where ever these criminals hide) she can say she is for the people. Please, ‘talk about eaters’ the Royal Charlatans should be the first to go. That would have the Banksters running scared and open the way for rescinding the central bank paradigm.
Or we could just ignore them and hope they just go away.
“When they storm Buckingham (or where ever these criminals hide)”
Chances are they’ll be in Scotland at Balmoral, bud. The Windsors are good ‘friends’ with the Rothschilds, so yes, the latter would get the message if we got rid of the former.
“Or we could just ignore them and hope they just go away.”
You are, of course, completely right that we should simply ignore them. Doubt they will simply ‘go away’ though.
Interesting times, indeed.
Good luck.
“Balmoral” A quaint little fishing getaway. It appears they have a few more square feet than my little cottage.
I know what you’re saying bud. The bastards own more land than any other family I can think of. Swaths of Canada and the US, too.
Then they expect us to all to chip-in and pay fro their food as well!
Parasites, utter parasites, that’s the Windsor family.
Glass-Steagall and like regulation is always doomed to fail/fall.
What we really need world-wide is more fundamental solutions like those proposed by Positive Money, combined with Au and Ag cash as legal tender with a marked value a decent amount above the PM spot price when minted, to end debt slavery and racketeering by Banksters!