
By Will Sturgeon
Published: Wednesday 23 March 2005
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Name
Jamie Bishop
Location
Madrid
Occupation
Neurologist
Comment
Perhaps the more significant fraud is the legalised fractional reserve banking system developed by the bank of England in the 1690's and perpetuated by the criminals in UK and USA governments that have allowed the likes of the Rothschild's and Morgans to run a massive cartel for far too long. Compare that to the problem of Internet fraud and you will realise you are scratching a nit on a gnat's nut. First thing to do is sort out our own banking practices which are designed to keep some people poor so they may be enslaved to the rich!
That probably sounds radical but I find it overwhelmingly tiring to hear about banks that cannot be bothered to sort out Internet fraud, just ask yourself why is it that banks don't want to admit the vault doors are wide open to hackers and scammers?
Let's face it, banks can afford it and ironically any losses will be mittigated in further extortionate fees anyway.
When "new labour" handed the managment of the economy to the bank of England they gave them a license far more powerful than any government has ever had.
Stop whimpering about the problem and legislate banks into tools of the state rather than visa versa. Banks should be there for the benefit of mankind rather than weapons held by the few super rich to keep their world comfortable.
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