Interesting to know; most of the nationalised (although also a private corporation) Bank of Englands profits go to private share holders. The public get 25% profits, the private share-holders get 75% of the profits. There is a law that keeps the Bank of Englands shareholders names secret. This is the ONLY company in the UK allowed to do this. Bank of England has a monopoly on lending to the Govt. It profits from the interest on loans (amongst other things) - which is paid from our taxes. With Parliament, the Crown and the Bank of England so closely tied together (as well as Americas Federal Reserve) its no wonder they want to hold onto us and why the big guns are so shaken up by a possible Yes vote. (Normally they have to invade countries to get oil money - all they have to do here is keep us in our place and continue to syphon off vast amounts of tax revenue etc., - so large amounts of public resources/money basically head straight to a small number of private pockets - with the help of their own media machine of course)
Posted on: Sat, 13 Sep 2014 08:32:31 +0000