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Re: moxa1 post# 253673

Friday, 04/26/2013 10:11:17 AM

Friday, April 26, 2013 10:11:17 AM

Post# of 447453
moxa1 .. agree austerity has been a misguided notion, even the
IMF is shifting it's position and accepting it's lack of success

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UK and IMF face dust-up on austerity

April 18, 2013 8:05 pm

By George Parker in London and Chris Giles in Washington


Christine Lagarde and George Osborne©Bloomberg

George Osborne is to go toe-to-toe with the International Monetary Fund next month in a battle over the credibility of his Plan A on austerity for the UK, amid signs that incoming Bank of England governor Mark Carney will be a key ally in his fight.

The chancellor is said by aides to be prepared to “aggressively” defend his policies when an IMF team arrives in London to make an annual assessment of the British economy, and is prepared to defy their recommendations if necessary.

Mr Osborne fears that an anti-austerity faction is winning an internal IMF power struggle and that the Fund will hand the opposition Labour party a propaganda tool by formally urging him to relax his fiscal plans.

links and more: http://www.ft.com/intl/cms/s/0/4fe3455c-a849-11e2-8e5d-00144feabdc0.html#axzz2RZsnEmiW
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On the Rothschild banksters, am not sure how much you are into the conspiracy theory about
them, which has lingered as a fog almost as long as belief in a virgin birth :) .. i'll just offer this
one one that .. it's long, so just the beginning and the end in the clear eye of your screen here ..

The Rothschild Conspiracy

Some believe that world governments and economies are secretly controlled by the Rothschild banking family.

Skeptoid #311 - May 22, 2012


Mayer Amschel Rothschild
(Public domain image)

Today we're going to point our skeptical eye at the famous Rothschild banking family, and the multitudinous conspiracy theories surrounding them. Just about every conspiracy theory website that presumes the world's governments act in willing concert under the guidance of some secret council points the finger at the Rothschilds. We're going to take a modern-day look at this mysterious family, see who they really are and what they really do, and see exactly what evidence there is that shows that they are actually directing world affairs. Why would superpowers such as the United States, Russia, and China willing give up their sovereignty, conducting wars and exerting control over markets according to instructions from above? The answer, according to the believers, is money.

[...]

There is no longer any such thing as a monolithic House of Rothschild with connections to any significant number of all the scores of today's independent Rothschild business ventures. The closest thing is Rothschilds Continuation Holdings AG, a Swiss company that manages interests in many Rothschild-founded institutions. There are no longer any Rothschild family members on its board (the last having retired in 2011), though about eight Rothschilds are believed to own stakes in it (like many holding companies, it's privately held, so its records are not public). Its other owners include Rabobank and Hong Kong based Jardine Matheson Holdings. The Rothschild funds it manages now focus on mergers and acquisitions. Make no mistake, it's a large and successful company; but with billions in assets, it's a relatively small fish in the sea of world financial institutions with trillions in assets, including Deutsche Bank, Mitsubishi UFJ Financial Group, HSBC Holdings, BNP Paribas, Japan Post Bank, Crédit Agricole Group, Barclays PLC, Industrial & Commercial Bank of China, Royal Bank of Scotland Group, JP Morgan Chase & Co., and many others. Anyone trying to point the finger at the scattered Rothschilds as "controlling" world banks has an awfully tall order. That little factoid is about 100 years out of date.

By my analysis, the Rothschilds are best thought of not as an evil shadow conspiracy, but as a great success story of rags to riches, Jewish slum to financing the defeat of Napoleon. The price of gold is fixed twice a day by five members of the London Bullion Association: Barclays Capital, Deutsche Bank, Scotiabank, HSBC, and Societe Generale, and they conduct their twice-daily meeting over the telephone. Today this is mere financial necessity, but until 2004, it was also a century-old tradition as great as the ringing of the bell at the New York Stock Exchange. The five distinguished representatives included a Rothschild, and they met in person in a paneled room at the London office of N M Rothschild & Sons. That ritual is now a thing of the past, as is the power of the world's greatest financial dynasty.

http://skeptoid.com/episodes/4311

.. i searched "Rothschild bankers have little influence today", and agree with the position above

thanks for popping in .. :)

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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