So 'The King' has printed another 50 billion pounds (sterling) and given it to his banker buddies so that they can pay themselves yet bigger salaries and bonuses from it as they are in effect the gate-keepers.
If Mervyn King really wants to help businesses, why doesn't he given the money directly to sound businesses that need it? Like manufacturing which is growing and needs to invest in equipment to get the edge to break into new markets, here and abroad.
What we don't need is these unsound bankers investing the money in their cronies hedge fund schemes and other 'casino-style' investment schemes. And what certainly do not need is us, the public, being encouraged to live beyond our means on credit again as 'The King' seems to be implying that we should to 'stimulate grow'. In addition printing of this money pushes down interests rates which further reduces returns for savers and pensioners reliant on dividend payments.
And no, I don't think it was right that Fred Goodwin was stripped of his Knighthood. A Knight of the realm should be a knight for life in my books once knighted. There have always been plenty of knights in medieval times who didn't quite live up to what was expected of them and still remained knights. Because a recent fall from grace should not and did not erase recognition for earlier valour.
And why only is it Fred Goodwin who seems to have been singled out for public humiliation? What about Gordon Brown who was key in overseeing this entire financial debacle as both Chancellor and then Prime Minister. Where was this much vaunted 'Prudence' of his when it came to guiding our economy?
At first glance the two would seem to have nothing in common. Indeed at first glance they would seem not to have anything in common and are temporally separated by approximately fourteen years.
I however believe the two are linked by threads finer than the finest spiderâ€™s web that remain invisible unless you ask yourself why?
For the sinking of theÂ Estonia here are some points to ponder:
In a nutshell, the Estonia sank in 1994 in the Baltic Sea, costing 852 lives. No satisfactory answer to date has been given as to why she sank like a stone. The official report claimed that she sank after looking her bow visor but makes no reference to the integrity of her watertight compartments which should have kept her afloat even ifÂ she capsized due to a large amount of surface water on the car deck due to loss of the afore mentioned bow visor.
- Why did the Swedish Government try to entomb the wreck in concrete just 3 months after she sank?
- Why will the Sweden Government till today not permit an independent investigation? â€“ the Estonia is only 60 metres down and there are enough unmanned ROVs (Remotely Operated Vehicles) which can collect data samples and take photographs not to mention divers.
- Why have the divers of the Halliburton subsidiary company been sworn to a 70 year â€˜secrets actâ€™ regarding what they found on the â€˜officialâ€™ investigation.
- NATO was in the area carrying out Search and Rescue exercises. Why did they not respond to the Estoniaâ€™s May Day call?
- You might like to note that the Swedish Government finally admitted that they had used the â€˜Estoniaâ€™ to smuggle weapons technology from the former Soviet Union to the â€˜Westâ€™. I am sure we all know where this smuggled weapons technologies was headed. Itâ€™s unlikely Sweden was the final destination.
I recommend you watch the movie â€˜Baltic Stormâ€™ (2003). It was made by a German reporter who was gagged from reporting the incident. Oh,Â and another curious fact. Several of the survivors who reported themselves as survivors mysterious disappeared from the survivors list. Most of these were senior officers from the Estonia including the off duty second Captain.
Julian Assange and Wikileaks.
Julian Assange has been a thorn in the side to big corporations and the American Government in particular as his informal network of informants frequently exposes Governmental corruption, insider dealings and certainly the â€˜Afghanistan 2004-2010 War diariesâ€™ which was written by soldiers and intelligence officers, and mainly describing lethal military actions involving the United States military has not made him a popular man with the American establishment. In addition Wikileaks represents of the vangaurds of freedom of information â€“ using the medium of the internet which governments all over are so scared of and want to effectively censor.
Sweden comes in here, as they are vehemently trying to extradite him to Sweden to face charges for alleged rape and assault.
You can read the charges the Swedes have submitted here>>Â Assange_Respondents_case
It seems the charges were dropped and them suddenly restarted â€“ at whose behest I wonder.
I put forward before you that the â€˜Estoniaâ€™ and the Julian Assange extradition attempt are the Swedish Governmentâ€™s shame in put the interests of certain parties across the Atlantic before that of the Swedes.