EU Parliament member: The Banking system is a criminal scandal!

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posted on May, 23 2013 @ 09:51 AM
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Standing ovation for this man (Godfrey Bloom of the UKIP) who stood up and spoke in the EU parliament about fractional reserve banking; how the banking system is criminal; how quantitative easing is CONTERFEITING; that the banks lend out money that THEY DON'T HAVE and anyone else would go to prison if they did the exact same thing the central banks do.

Scream, enjoy, weep, I don't know what you will do when you watch this video.

This is why the world economy is what it is.



edit on 23-5-2013 by TheBandit795 because:
edit on 23-5-2013 by TheBandit795 because: Edited my OP




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posted on May, 23 2013 @ 10:07 AM
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Ya think??? With the invention of fractional reserve banking and going off the gold standard the banking system is clearly criminal. Counterfeiting, yep done every day by the Federal Reserve Bank to the tune of $85 billion a month. Must be nice to create money out of thin air and then charge interest on something that doesn't exist yet demand real money or property in return. Now if you tried doing it they would throw you in jail and loose the key.



posted on May, 23 2013 @ 10:09 AM
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great find



posted on May, 23 2013 @ 10:11 AM
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reply to post by TheBandit795
 


OH LOOK SOME RANDOM GUY STOOD UP AND SAID SOMETHING CONTROVERSIAL, HE'S A POLITICIAN SO IT MUST BE 100% TRUE AND PROOF OF A GREAT CONSPIRACY AFTER ALL POLITICIANS WOULDN'T LIE TO US OR EXAGGERATE OR JUST SHARE AN UNSUBSTANTIATED PERSONAL OPINION WOULD THEY???!!

/facepalm



posted on May, 23 2013 @ 10:13 AM
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reply to post by pstrron
 


We should all march with handcuffs and let them know that the people will no longer put up with such corrupption.

Something must be done soon before its too late.



posted on May, 23 2013 @ 10:15 AM
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Here's another thing: the Parliament is almost entirely empty (you can see this very well because the camera pans around) and he doesn't get a standing ovation, he just gets a tiny smattering of ragged applause from perhaps 10 people.

Pffft.


+2 more 
posted on May, 23 2013 @ 10:23 AM
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reply to post by Sankari
 


I didn't say he got a standing ovation. I meant he deserves a standing ovation.



posted on May, 23 2013 @ 10:24 AM
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reply to post by Sankari
 


Read up on fractional reserve banking. Google it or search it here on ATS. There are hundreds of threads and posts on the subject.



posted on May, 23 2013 @ 10:36 AM
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reply to post by ElOmen
 





We should all march with handcuffs and let them know that the people will no longer put up with such corruption.


That would be great if the people would do it. The unfortunate part is not only will the people not do but the banks have long since bought off the politicians, judges and attorneys. The very ones that could put an end to it with a simple stroke of a pen.

You see, robbing the people and the nations via various banking schemes pays well, quite well in fact. With just a small amount of the plunder it is easy to insure that the right people see nothing, know nothing and hear nothing when it comes time to do something.



posted on May, 23 2013 @ 10:45 AM
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Very nice speech.

The guy is a former investment banker, so he knows the area quite well and how criminal it actually is. Yet, what makes me a bit doubtful and thinking whether his motives might be just political (UKIP got good results this year, hoping for 2015 elections) and he is against credit reference agencies being well-regulated by EU... I personally see disagree on that one and it makes me sceptical of his views on the banking system. Yet his other actions have been positive and overally the speech was spot on




Mr Bloom was ejected from the Mansion House in 2009 for heckling Lord Turner for giving staff a bonus after the massive regulatory failure of 2008/9. According the Daily Telegraph he was the first man to be ejected since John Wilkes in the late 1800s. Mr Bloom also signed the petition in disgust at the knighthood for the failures of Hector Sants.[7]

In October 1992 Mr Bloom launched a campaign to help people avoid mis-selling of pension schemes. It was very warmly welcomed by the press, particularly the Observer. It was the very first indication of the problem. An employee tape of the advice was produced for all human resource departments as part of a redundancy package. It can be heard on his website.

In 1996 Mr Bloom warned, in Money Marketing, that ‘split caps’ were not the solid safe investment people thought, and late in the year explained in Financial Adviser the dangers of what was to become ‘precipice bonds’.



posted on May, 23 2013 @ 10:54 AM
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I know,banks are set up to buy peace. You can buy happiness


UN and World Bank in DR Congo peace push



aljazeera

Ban Ki-moon and Jim Yong-kim arrived in Kinshasa, the capital, on Wednesday, embarking on a trip largely seen as a fresh push for peace and development.

Ban is travelling with Jim Yong Kim, World Bank president, who has pledged $1bn in aid for Africa's Great Lakes region, which is made up of the DRC, Uganda, Burundi, Rwanda and Tanzania.





World Bank offers $1bn to Africa Great Lakes


aljazeera

Don't you normally go to a back and ask for a loan?

Here let us give you 1 billion dollars because we want to buy peace.
edit on 23-5-2013 by whatzshaken because: (no reason given)



posted on May, 23 2013 @ 01:08 PM
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Originally posted by TheBandit795
Standing ovation for this man (Godfrey Bloom of the UKIP) who stood up and spoke in the EU parliament about fractional reserve banking; how the banking system is criminal; how quantitative easing is CONTERFEITING; that the banks lend out money that THEY DON'T HAVE and anyone else would go to prison if they did the exact same thing the central banks do.

Scream, enjoy, weep, I don't know what you will do when you watch this video.

This is why the world economy is what it is.



edit on 23-5-2013 by TheBandit795 because:
edit on 23-5-2013 by TheBandit795 because: Edited my OP



See, people don't really get it.

There's no crime, only criminals.

It's not what you do, it's who does it.

The whole world is judged by "identity".

Who you are, is the only thing that matters in this world.



posted on May, 23 2013 @ 04:14 PM
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This is a direct result of free market economic policies, that have allowed the ICBs to take control of the economic system.

We need to reinstate the laws that kept the bankers in check, stating with usury laws.



posted on May, 23 2013 @ 04:29 PM
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And the worst part is that when you deposit monies with a bank it is no longer your money...you lent it to the bank (even if a zero interest checking account) for them to handle as they see fit and you are now an unsecured creditor of the bank. Anyone who has more than the FDIC insurance limits with a bank is an investor with the bank (and that is assuming that the FDIC could make good with 1.2 cents on the dollar of coverage or that Congress would agree to backstop them in the event of a systemic collapse).



posted on May, 23 2013 @ 05:55 PM
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Originally posted by pstrron
Ya think??? With the invention of fractional reserve banking and going off the gold standard the banking system is clearly criminal. Counterfeiting, yep done every day by the Federal Reserve Bank to the tune of $85 billion a month. Must be nice to create money out of thin air and then charge interest on something that doesn't exist yet demand real money or property in return. Now if you tried doing it they would throw you in jail and loose the key.


It's worse than that - they borrow the money from the world central banks, and raise taxes to pay the "interest" on this money. Otherwise, they just borrow money to pay the interest on the money they already borrowed, and will have to borrow more money for the future interest payments.



posted on May, 23 2013 @ 05:57 PM
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reply to post by TheBandit795
 


Hi this is how this thread should be titled

EU Parliament is a criminal scandal!



posted on May, 23 2013 @ 06:22 PM
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Originally posted by Sankari
reply to post by TheBandit795
 


OH LOOK SOME RANDOM GUY STOOD UP AND SAID SOMETHING CONTROVERSIAL, HE'S A POLITICIAN SO IT MUST BE 100% TRUE AND PROOF OF A GREAT CONSPIRACY AFTER ALL POLITICIANS WOULDN'T LIE TO US OR EXAGGERATE OR JUST SHARE AN UNSUBSTANTIATED PERSONAL OPINION WOULD THEY???!!

/facepalm


Why are you face palming? Is it just easier to shout at people then facepalm? A bit of a shortcut to thinking?

So, you've studied the fractional banking system, and everything seems legit and above board?



posted on May, 23 2013 @ 07:31 PM
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This explains pretty good how banking works if anyone's intrested.



posted on May, 23 2013 @ 07:38 PM
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It would seem that someone thinks they own the world... If you live in that illusion you are quite insane. So sad. Well at least they are easy to identify, the insane.





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