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Bank of England: ‘Impossible to say’ how much money bankers need
- Text size
James Kirkup
February 26, 2009
Mervyn King, the Governor of the Bank of England, has said it is “impossible to say” how much capital will be required to shore up the British banking system.
Mr King said it would take “many months” to establish the scale of toxic assets held by banks, and the scale of problems would change depending on the international economic outlook.
- A d v e r t i s e m e n t
Giving evidence to the Treasury Select Committee, Mr King said it was vital to “find out what is really on the balance sheets of our major banks”.
“That is not something that is easy to do or can be done quickly,” he told the MPs. “It will require a much longer and more detailed assessment contract by contract.”
He went on: “It will certainly take many months in my view.”
Mr King said the state of the global economy would have a huge impact on the situation of struggling UK financial institutions.
“How much capital banks will need in the end is impossible to tell,” he added.
Mr King dismissed as “wild exaggeration” any suggestion that the country would have to be taken into administration because of the level of liabilities it had taken on from the banks.
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February 26th, 2009 at 2:08 pm
Sure it’s possible to say how much money they need. How much money do you have?? Well fork it over, they need it ALL!!!!!
Social Viability Reply:
February 26th, 2009 at 2:52 pm
C’mon! Cough up!
Not only do they want all of your money. They’ve already staked massive claims on your children’s and grandchildren’s money, too.
Ponder that for a moment. The bankers, with the help of their pet politicians, have already laid claim to the livelihood of your children’s children.
Are you really going to acquiesce to this?
The central bankers took over America in 1913. America was conquered when the Federal Reserve Act was passed.
It is time for revolution. And the only revolution that will be effective against the central bankers is a monetary revolution.
If you stop using the filthy money that they supply to you, their banking system will dissolve. When you switch to an alternative currency the bankers will no longer be able to steal from you through inflation and usury. You will not be dependent upon them for credit and you will no longer be dictated to by the politicians that the bankers employ.
Don’t fight the system:
Replace it
http://socialviability.com/
sigh Reply:
February 26th, 2009 at 4:03 pm
It’s not that they want it all, Outrage. If you read the article, the issue should be that they want more printed, and he was saying that inflation wasn’t an issue. Of course we know that is all bull.
Outrage Reply:
February 26th, 2009 at 5:48 pm
OK, OK…I meant to say WEALTH, both present AND future. Sign over your property, deeds, titles. Drop your jewlery into the bag, all cash, gold, silver, food, plywood. They’re even coming for your dead, stinking corpse to make Bone Meal & Soylent Green! They’ll steal your very soul if you let them, they will make you rob & oppress others to satisfy their greed.
I pray there’s a special room in HELL where these vampires will be tormented forever!
singledad1234 Reply:
February 26th, 2009 at 9:51 pm
any nice english girl
want to marry a nice fourty two
year old
that can grow his own
food?
February 26th, 2009 at 2:11 pm
EXPOSE THIS DOCUMENT TO THE LIGHT OF DAY!!!!
==> http://www.scribd.com/doc/1284.....Real-Obama
THE ABOVE DOCUMENT THEY TRIED TO SUPRESS AND BAN FROM THE PUBLIC!
SHARE IT. COPY IT. DISTRIBUTE IT NOW!!!
February 26th, 2009 at 2:12 pm
Oh, that’s easy, THEY “NEED” IT ALL!!!
February 26th, 2009 at 2:13 pm
peaceful. yes.
February 26th, 2009 at 2:18 pm
Not all you have. All your ever going to have, and your children will ever have and lets not forget to love them for it. MY f ing HERO’S
February 26th, 2009 at 2:44 pm
I hear the Hillary Clinton may just have given America away as collateral to the China govt in the event that we default.
Bill Reply:
February 27th, 2009 at 8:52 am
F U.. Too late… it was long ago given to the british monarch who I believe turned it over to the vatican (doesn’t matter really – they are both branches of the same organization that owns the world) This was done with the former virginia company… now the UNITED STATES OF AMERICA INC. It’s not just the rotten politicians that have been bought and paid for… we have all been sold into slavery without our knowledge or consent. A revolution won’t solve this problem… it will make it worse. We have to come up with a better plan… I’m working on it!
February 26th, 2009 at 2:57 pm
Why…That is just like in the good ol’ USA!!
Bank of England = BOA?
February 26th, 2009 at 3:57 pm
http://www.ExposingChristianity.com
Contrary to what most people have been indoctrinated with, Judaism, Christianity and Islam are relatively new religions. Humanity goes back tens of thousands of years. These three have worked relentlessly to keep us from spiritual knowledge and using this power, of which all of us have.
msmadame Reply:
February 26th, 2009 at 10:13 pm
Interesting!
Michael Reply:
February 26th, 2009 at 11:19 pm
“Humanism is the denial of God and the total affirmation of man. Humanism is really nothing else but Marxism (Political Judaism).” ― Karl Marx, Economic Politigue et Philsophie
“It is absurd to say that one is a humanist but not a feminist. Feminism is the last evolutionary development of humanism. Feminism is humanism on its most advanced level.” ― Raine Eisler, Humanist Magazine Nov/Dec 1980, Author of Equal Rights ERA Handbook
“The next century can be and should be the humanistic century. We stand at the dawn of a new age, a secular society on a planetary scale. As non-theists, we begin with humans not God, nature not deity. We deplore the division of humankind on NATIONALISTIC grounds. Thus we look to the development of a system of world law and a WORLD ORDER based upon transnational federal government (One World Government). The true revolution is occurring.” ― Humanist Manifesto II, published in 1973 in ISRAEL
Michael Reply:
February 26th, 2009 at 11:20 pm
No big surprise here………. AshkeNAZI Jews taking mankind away from GOD.
Synagogue of Satan.
enoch7 Reply:
February 27th, 2009 at 8:38 am
{ Michael} You are exactly right. Did you see how the UN wants to make blasphemy laws? They don’t want people exploring those who claim to be Jews but are not.
February 26th, 2009 at 4:08 pm
That’s right. Who knows how much those platinum plumbing fixtures will cost? And the whores keeping asking for more. Gotta have cash for them. . .
February 26th, 2009 at 4:11 pm
They need none, they want all of ours
)
February 26th, 2009 at 5:07 pm
In other words , the extend of the rip off is unfathomable !!! Thanks for the info Mr. King !!!
February 26th, 2009 at 5:21 pm
how much do they need ? none
how much should they get ? none
how much will we lose ? almost everything
how much will they get ? however much THEY decide
people are starting to get really pissed off, I’ve never heard so many people talking about this stuff in my life…this is all going to backfire for them
Just the facts Mame Reply:
February 26th, 2009 at 9:53 pm
As the saying goes.
God shall not be mocked, what a man sows, so shall he reap.
These Brute beasts have sown chaos and as such, they shall reap chaos upon themselves. They think that they can bring chaos to bring their own order but in the end it will collapse all around them.
February 26th, 2009 at 5:46 pm
Gee wez, do they really have to wonder why gun sales are up!!!!!!
February 26th, 2009 at 5:57 pm
REPENT.UNITE.RESIST.
February 26th, 2009 at 6:37 pm
It only takes 0.01 seconds for the bastards to figure out how much WE owe though!
Hang every cocksucking one of them!
February 26th, 2009 at 6:38 pm
But it only takes 0.01 seconds for the bastards to figure out how much WE OWE THEM!!
Hang every last one of the fucking cocksuckers I say!!!!
February 26th, 2009 at 6:40 pm
But it only takes 0.01 seconds for the bastards to figure out how much WE OWE THEM!!
Hang every last one of the fucking cocksuckers I say!!!! Hang ‘em now and hang ‘em high for everyone to see and enjoy!
February 26th, 2009 at 7:16 pm
We’ve been saying that ever since we saw the twin towers
shot with explosives that morning, (and anyone with 2 brain
cells could SEE it was a demolition) that the TRUTH about
it will come out. The gov’t perpetrators should be tried,
then hung from the very beams that still stand at ground
zero for the whole world to see.
Look at how Ron Paul’s opening statement damning the
FED and the failed monetary system was “accidentally”
aired on prime time!
THE TRUTH WILL OUT. Good will prevail at the end of this
immense battle, and those who are doing the evil will
have to pay!
February 26th, 2009 at 7:35 pm
All of It.
February 26th, 2009 at 8:27 pm
I just wonder if he could say that with a fist in his face, That is very interesting …. maybe somebody should do a scientific study on that,…heh..heh..heh…!
February 26th, 2009 at 8:42 pm
Banks need money. Is that an oximoron?
February 26th, 2009 at 10:07 pm
I don’t know how much money these banks need to shore them up, but I got a fair idea of how much rope we the people need to solve the general problem.
February 26th, 2009 at 10:11 pm
http://www.youtube.com/watch?v=28X33jwP6Ww
February 26th, 2009 at 10:51 pm
The destruction of the unfruitful is of use, to give the saints a greater sense of their happiness, and of God’s grace to them. The wicked will be destroyed and tormented in the view of the saints, and other inhabitants of heaven. This we are taught in Revelation 14:10.
The same shall drink of the wine of the wrath of God, which is poured out without mixture, into the cup of his indignation; and he shall be tormented with fire and brimstone, in the presence of the holy angels, and in the presence of the Lamb.
And in Isaiah 56:24
And they shall go forth and look upon the carcasses of the men that have transgressed against me. For their worm shall not die, neither shall their fire be quenched, and they shall be an abhorring unto all flesh.
February 26th, 2009 at 11:13 pm
The Money Changers are robbing the Goyim in a way history has never seen before. The False Messiah / Antichrist must be near to showing himself in Israel.
February 27th, 2009 at 12:11 am
The Irs needs to audit the federal reserve (what a joke), just give them free jars of peanut butter and call me in the morning if you can.
February 27th, 2009 at 12:18 am
COME ON MAN YOU GUYS KNOW THEY NEED THE CASH FOR REAL.
WITH THE ECONOMY SO BAD THE COST OF POLITICIANS HAS SKY ROCKETED!
February 27th, 2009 at 1:09 am
“Let me adjust my spectacles here”. We dont know how much it will cost, but YOU PEOPLE will PAY IT no matter WHAT the figure is! Allow me to re-adjust my spectacles. YOU PEOPLE will foot the bill, O.K? If you resist, you will be considered a terrorist and thrown into a concentration camp! O.K? Excuse me while I adjust my spectacles. We are working hard to fix the problem. You will trust us or else!
February 27th, 2009 at 1:12 am
It’s me. That backbone is stiffened up David! I’m ready!!!!!
Signed,
The Rice Blacklist
February 27th, 2009 at 3:22 am
FROM DRUDGE: http://abcnews.go.com/Politics…..amp;page=1
GET READY WHILE YOU STILL CAN!!!!!!!!!!
February 27th, 2009 at 4:57 am
greetings fellow comrades of gulag britannia lol
joking aside this man should be treated like every other criminal – given compensation and a free holiday
February 27th, 2009 at 9:30 am
Actually, it’s very possible to say how much the bankers “need” — EVERYTHING and EVERYONE in the world!
February 27th, 2009 at 11:46 am
As long as the individuals in the military and police continue to drink the Kool Aid we will be powerless. The useless bankster criminals need their muscle in order to continue with their strong arm robbery. Lets face it, most of the meatheads with badges will continue to do exactly as they are told. After all, these people come from the same pool of dimwitted dipshits that is the US of A.
February 27th, 2009 at 12:07 pm
Easy one, the answer is, all the money.