Bank of Scotland to get Billions from Bailout

Food for Thought
by Food for Thought
30-Sep-2008
 

THE ROYAL Bank of Scotland is to be one of the biggest beneficiaries of the planned $700 billion bail-out that comes courtesy of the American tax-payer if the US Congress gives the financial rescue package the go-ahead this weekend.

The bank’s share of the bail-out will enable RBS to offload billions of dollars of questionable assets. See article:

//www.sundayherald.com/news/heraldnews/display.var.2453817.0.0.php

As Ron Paul has said, with the US holding the reserve currency of the world, we’ve exported and magnified our economic blunders. It is mind-boggling to attempt to see the magnitude of this deck of cards. Seeing that we are trying to again export dollars as bandaids in this bailout, it is painful to think of the lengths to which our treasury may try to go to make us pay for it.

Check out these comments:

//digg.com/business_finance/Royal_Bank_of_Scotland_to_get_Billions_from_Bailout

Balatarin
Share/Save/Bookmark

Recently by Food for ThoughtCommentsDate
H1N1 Fear Campaign
-
Sep 16, 2009
The Power of Nightmares
1
Dec 02, 2008
Anglo-American Imperialism to Continue?
9
Nov 07, 2008
more from Food for Thought
 
Food for Thought

London is Elite's Base

by Food for Thought on Tue Sep 30, 2008 10:43 PM PDT

This has been going on since the US constitution was written because the 'British' who were already controlled by this same elite didn't like the fact that it gave such rights as it does (or did, anyway) to the people in a nation with such huge potential which threatened their global hegemony.

So they set out to destroy it from the outset. They created upheaval and deception to bully presidents into accepting an American banking system controlled from London.

    Rothschild family Quotes:
  • The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class. [Rothschild Brothers of London, 1863]
  • Give me control of a nation's money and I care not who makes it's laws. [Mayer Amschel Bauer Rothschild]

Some presidents resisted and were killed (like Lincoln, who produced his own dollar, called the 'greenback'). Kennedy tried to do the same, later!!

“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than the aristocracy, more selfish than the bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes.” –Abraham Lincoln

Another president who opposed them, Andrew Jackson, 1836, escaped assasination attempts and delayed the bankers taking over America until the federal reserve act in 1913. (I included a link about the fed in my previous blog.)

Also take a look at news articles section. You'll see I posted a link about how this elite control everything.

Enjoy and keep blogging. We need the critical mass to catch on to the underlying truth behind the facade of democracy.

"These 12 corporations together cover the whole country and monopolize and use for private gain every dollar of the public currency..." -- Mr. Crozier of Cincinnati, before Senate Banking and Currency Committee - 1913

"From now on, depressions will be scientifically created." -- Congressman Charles A. Lindbergh Sr. , 1913

More recently:

“We are on the verge of a global transformation. All we need is the right major crisis and the nation will accept the New World Order.” –David Rockefeller


  •  
IRANdokht

uh oh

by IRANdokht on Tue Sep 30, 2008 02:37 PM PDT

This is just plain terrifying!  Maybe Daee jan napoleon and Amir Kabir  (contributor on this site) are right.

it's all a british conspiracy? 

I noticed that the Sunday Herald's article just stopped and didn't finish. What was that all about?

I am not sure if my brain can handle this riddle well...  I am quite certain that the forces at work will twist some arms and get the bailout package to pass without any changes in the absurdity of it.

Why not add some bankrupcy exemptions for the people? why not cut the payments for the homeowners to stop more foreclosures?  why just bail out the institutions and their CEO's and foreign banks instead of the regular people of this country?  

It's just too clear that people don't matter except as working slaves who pay taxes on their hard work for the rich to get richer.

IRANdokht


  •