compassion, collaboration & cooperation iN transistion
ever more complex world - that has led the entirety of our species
Tony Rooke refused to pay a TV license fee because the BBC intentionally misrepresented facts about the 9/11 attacks, he alleged. It is widely known that the BBC reported the collapse of World Trade Center Building 7 over 20 minutes before it occurred. WTC 7 was a 47-story skyscraper that was not hit by a plane on 9/11 but collapsed at free-fall speed later that day.
So Rooke said the BBC had to have had prior knowledge to a terror attack making them complicit in the attack. He presented the BBC footage to the judge along with a slew of other evidence, and the judge agreed that Rooke had a reasonable case to protest.
Rooke was found not guilty and he was not fined for failure to pay the licensing fee.
AS the Telegraph reports today -
which solicited the following comment from Jim -
The perennial answer is credit, credit and more credit, whether real B of E printed money
or bank created non existent money. That and the morons in governments across the
world who were seduced by the prospect of huge tax revenues by allowing bank
mergers and uncontrolled investment banking, so that most western countries have
banks with a balance sheet larger than their GDP.
This madness has to stop. Banks should be broken down to the friendly high street size
we used to know who lived on lending out their depositors money and a few other
revenue generating methods. Investment banking has to be totally separated, so that
the catastrophe that is RBS can never happen again.
Governments too have to rein in their rose tinted dreams and manage the economy on
the basis of spending only their revenue, with an allowance of 5% borrowing or bond
issue to cover shortfalls or unexpected events.
If globalisation taught us anything, we learned that uncontrolled
investing in a particular country (mortgage backed securities in USA)
is a recipe for disaster.
The days of the get rich quick schemes
have to be ended and seen to be ended.
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