Go Back   David Icke's Official Forums > Main Forums > General Chat

Reply
 
Thread Tools
Old 12-10-2008, 08:21 PM   #1
anonymousoneuk
Senior Member
 
Join Date: Dec 2007
Posts: 766
Likes: 0 (0 Posts)
Default Is The Bank of England Private or State Owned?

According to wikipedia it is state-owned:

he Bank of England (formally the Governor and Company of the Bank of England) is a state-owned institution[1] and the central bank of the United Kingdom. It was established in 1694 to act as the English Government's banker, and to this day it still acts as the banker for the UK Government.


Is this true?
anonymousoneuk is offline   Reply With Quote
Old 12-10-2008, 08:36 PM   #2
zero1
Inactive
 
Join Date: Nov 2007
Posts: 6,704
Likes: 4 (4 Posts)
Lightbulb

Bit iffy, unclear.

This chart shows major shareholders of BOE and Fed Res, plus major American banks -

N.M. Rothschild , London - Bank of England
______________________________________
| |
| J. Henry Schroder
| Banking | Corp.
| |
Brown, Shipley - Morgan Grenfell - Lazard - |
& Company & Company Brothers |
| | | |
--------------------| -------| | |
| | | | | |
Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---|
& Son | Harriman Norman | Paris Bros |
| | / | N.Y. |
| | | | | |
| Governor, Bank | J.P. Morgan Co -- Lazard ---|
| of England / N.Y. Morgan Freres |
| 1924-1938 / Guaranty Co. Paris |
| / Morgan Stanley Co. | /
| / | \Schroder Bank
| / | Hamburg/Berlin
| / Drexel & Company /
| / Philadelphia /
| / /
| / Lord Airlie
| / /
| / M. M. Warburg Chmn J. Henry Schroder
| | Hamburg --------- marr. Virginia F. Ryan
| | | grand-daughter of Otto
| | | Kahn of Kuhn Loeb Co.
| | |
| | |
Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y.
| | --------------------------
| | | |
| | | |
Lehman Brothers - Mont. Alabama Solomon Loeb Abraham Kuhn
| | __|______________________|_________
Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg
- ------------------------- | | |
| | Mortimer Schiff James Paul Warburg
_____________|_______________/ |
| | | | |
Mayer Lehman | Emmanuel Lehman \
| | | \
Herbert Lehman Irving Lehman \
| | | \
Arthur Lehman \ Phillip Lehman John Schiff/Edith Brevoort Baker
/ | Present Chairman Lehman Bros
/ Robert Owen Lehman Kuhn Loeb - Granddaughter of
/ | George F. Baker
| / |
| / |
| / Lehman Bros Kuhn Loeb (1980)
| / |
| / Thomas Fortune Ryan
| | |
| | |
Federal Reserve Bank Of New York |
|||||||| |
______National City Bank N. Y. |
| | |
| National Bank of Commerce N.Y ---|
| | \
| Hanover National Bank N.Y. \
| | \
| Chase National Bank N.Y. \
| |
| |
Shareholders - National City Bank - N.Y. |
- ----------------------------------------- |
| /
James Stillman /
Elsie m. William Rockefeller /
Isabel m. Percy Rockefeller /
William Rockefeller Shareholders - National Bank of Commerce N. Y.
J. P. Morgan -----------------------------------------------
M.T. Pyne Equitable Life - J.P. Morgan
Percy Pyne Mutual Life - J.P. Morgan
J.W. Sterling H.P. Davison - J. P. Morgan
NY Trust/NY Edison Mary W. Harriman
Shearman & Sterling A.D. Jiullard - North British Merc. Insurance
| Jacob Schiff
| Thomas F. Ryan
| Paul Warburg
| Levi P. Morton - Guaranty Trust - J. P. Morgan
|
|
Shareholders - First National Bank of N.Y.
- -------------------------------------------
J.P. Morgan
George F. Baker
George F. Baker Jr.
Edith Brevoort Baker
US Congress - 1946-64
|
|
|
|
|
Shareholders - Hanover National Bank N.Y.
- ------------------------------------------
James Stillman
William Rockefeller
|
|
|
|
|
Shareholders - Chase National Bank N.Y.
- ---------------------------------------
George F. Baker

Source is HERE

Elsewhere, there is a 1946 Act which allegedly offered ownership to the Public -

Check this PDF

Which would mean it's run by the National Treasury, which is owned I think by - THE QUEEN!

zero1 is offline   Reply With Quote
Old 12-10-2008, 08:37 PM   #3
baron von lotsov
Senior Member
 
Join Date: May 2007
Location: English
Posts: 5,632
Likes: 13 (9 Posts)
Default

I believe it is officially true but also it is one of the world's most influential banks and has historical connections to the Federal Reserve. This means that the inner workings of it are likely to be shrouded in much secrecy. Also it is really the main institution of the City of London and the City of London is not part of the state as such, it is an independent state like the Vatican City is. So I guess a kind of swinging doors mechanism is in place where on paper it is one thing but it is independent in other ways. For example one of the first things Blair did when he got in was to allow it to set interest rates instead of the elected party, and more of this independence is coming on line soon apparently. They have this thing called the Monetary Policy Committee that does all the talking stuff.
__________________
Tu ne cede malis sed contra audentior ito
baron von lotsov is offline   Reply With Quote
Old 12-10-2008, 08:45 PM   #4
anonymousoneuk
Senior Member
 
Join Date: Dec 2007
Posts: 766
Likes: 0 (0 Posts)
Default

Quote:
Originally Posted by baron von lotsov View Post
I believe it is officially true but also it is one of the world's most influential banks and has historical connections to the Federal Reserve. This means that the inner workings of it are likely to be shrouded in much secrecy. Also it is really the main institution of the City of London and the City of London is not part of the state as such, it is an independent state like the Vatican City is. So I guess a kind of swinging doors mechanism is in place where on paper it is one thing but it is independent in other ways. For example one of the first things Blair did when he got in was to allow it to set interest rates instead of the elected party, and more of this independence is coming on line soon apparently. They have this thing called the Monetary Policy Committee that does all the talking stuff.
Where do the profits go?

A lot of people say that banks like the federal reserve are taking people for money because they are privately owned, so they get interest on currency.

I don't think that who owns the bank is important, however, but who controls it, however, I'm just curious where the profits go and who legally owns the BoE.

If there is any modern direct connection to known elite conspirators.

Thanks and Peace

Last edited by anonymousoneuk; 12-10-2008 at 08:45 PM.
anonymousoneuk is offline   Reply With Quote
Old 12-10-2008, 08:48 PM   #5
danster82
Senior Member
 
Join Date: Jan 2008
Location: London
Posts: 3,923
Likes: 4 (4 Posts)
Default

its national it borrows from other banks

read this

http://www.prosperityuk.com/prosperi...cles/boe1.html
danster82 is offline   Reply With Quote
Old 12-10-2008, 09:40 PM   #6
1694
Senior Member
 
Join Date: Sep 2008
Posts: 2,005
Likes: 0 (0 Posts)
Default

OK lets use some truths we all know to get an idea:
-The bank of england sets interest rates: WE here this phrase all the time, BOE cut rates on Thursday for example.
-What does this mean? 2 Things.
1) This is the rate it costs commercial banks to borrow from the BOE
2) This is the rate banks earn if they lend to the BOE

Today, operating as it does as the bankers' bank, it is to the commercial banks (ie the High Street banks) what the commercial banks are to the public.

Just as we may deposit money with commercial banks, so commercial banks in turn keep deposits with the Bank of England. The amount of cash that a commercial bank can buy up from the Bank of England to meet its customers' cash withdrawals is limited to the amount of deposits it has in its account at the Bank of England and/or what it can borrow from the Bank of England or from other banks.

Commercial banks borrow from the Bank of England in exactly the same way that individuals and businesses borrow from commercial banks. In theory the BOE could then use commercial bank deposit and fractional reserve 9 times this amount, and lend it out to the other commercial banks. It could do that today and solve the liquidity crisis. It could also then collect interest on those loans and make a profit which could then be spent on the people. Ask yourself why it isn't doing this.

Since nationalisation major player in the lending/money creation market. Its annual accounts reveal that its loans and profits are only a fraction of those of a major commercial bank such as Barclays, and it only holds a very small amount of government stocks, so it is no longer really lending to government either -- that function has largely passed to the merchant banks. Again ask yourself why this is the case.

The answere:

Although owned by the state, the bank is largely controlled and run by those from the world of commercial banking and conventional economics. The members of the Court of Directors, who set policy and oversee its functions, are drawn almost entirely from the world of banks, insurance, economists and big business.

Last edited by 1694; 12-10-2008 at 10:25 PM.
1694 is offline   Reply With Quote
Old 12-10-2008, 10:04 PM   #7
baron von lotsov
Senior Member
 
Join Date: May 2007
Location: English
Posts: 5,632
Likes: 13 (9 Posts)
Default

The City of London in other words, or what is known as the 'City of London Corporation'. They do their rituals in Burnham Beaches by the way. I mean they actually own Burnham Beaches!

__________________
Tu ne cede malis sed contra audentior ito
baron von lotsov is offline   Reply With Quote
Old 12-10-2008, 10:05 PM   #8
1694
Senior Member
 
Join Date: Sep 2008
Posts: 2,005
Likes: 0 (0 Posts)
Default

Quote:
Originally Posted by baron von lotsov View Post
The City of London in other words, or what is known as the 'City of London Corporation'. They do their rituals in Burnham Beaches by the way. I mean they actually own Burnham Beaches!

http://en.wikipedia.org/wiki/Burnham_Beeches
Thaks for the heads up, I might go for a hike and see what it's all about.
1694 is offline   Reply With Quote
Old 12-10-2008, 10:18 PM   #9
1694
Senior Member
 
Join Date: Sep 2008
Posts: 2,005
Likes: 0 (0 Posts)
Default

Small point of interest. www.bankofengland.co.uk not .gov.uk!
1694 is offline   Reply With Quote
Old 12-10-2008, 11:13 PM   #10
anonymousoneuk
Senior Member
 
Join Date: Dec 2007
Posts: 766
Likes: 0 (0 Posts)
Default

Quote:
Originally Posted by 1694 View Post
Small point of interest. www.bankofengland.co.uk not .gov.uk!
Link directs to .com FYI not .co.uk.

Thanks for all the info 1694.

Peace
anonymousoneuk is offline   Reply With Quote
Old 13-10-2008, 12:11 AM   #11
1694
Senior Member
 
Join Date: Sep 2008
Posts: 2,005
Likes: 0 (0 Posts)
Default

Quote:
Originally Posted by 1694 View Post
Thaks for the heads up, I might go for a hike and see what it's all about.
Quote:
Originally Posted by anonymousoneuk View Post
Link directs to .com FYI not .co.uk.

Thanks for all the info 1694.

Peace
Huh, sorry I am confused http://www.bankofengland.co.uk/

If you are refering to the link in my sig is a different website about monetary reform that has inspired and educated me.
1694 is offline   Reply With Quote
Old 13-10-2008, 12:11 AM   #12
baron von lotsov
Senior Member
 
Join Date: May 2007
Location: English
Posts: 5,632
Likes: 13 (9 Posts)
Default

Quote:
Originally Posted by anonymousoneuk View Post
Where do the profits go?
A lot goes into social engineering. Stuff like advertising and running media bullshit.
__________________
Tu ne cede malis sed contra audentior ito
baron von lotsov is offline   Reply With Quote
Old 13-10-2008, 12:13 AM   #13
1694
Senior Member
 
Join Date: Sep 2008
Posts: 2,005
Likes: 0 (0 Posts)
Default

Quote:
Originally Posted by baron von lotsov View Post
A lot goes into social engineering. Stuff like advertising and running media bullshit.
I would think it doesn't really make any. What little money it does make goes to the gilt holders who get there 12% annually.

They have even outsourced the minting operation to a rothschild owned company so atleast part of the profits from that are lost into private hands.

It is now just a smoke screen.
1694 is offline   Reply With Quote
Old 13-10-2008, 12:28 AM   #14
anonymousoneuk
Senior Member
 
Join Date: Dec 2007
Posts: 766
Likes: 0 (0 Posts)
Default

Quote:
Originally Posted by 1694 View Post
I would think it doesn't really make any. What little money it does make goes to the gilt holders who get there 12% annually.

They have even outsourced the minting operation to a rothschild owned company so atleast part of the profits from that are lost into private hands.

It is now just a smoke screen.
Hey 1694, do you have anymore information on these gilts?

What is a gilt?

Is this officially documented anywhere or is there any solid evidence?

Thanks and Peace

Last edited by anonymousoneuk; 13-10-2008 at 12:28 AM.
anonymousoneuk is offline   Reply With Quote
Old 13-10-2008, 12:57 AM   #15
1694
Senior Member
 
Join Date: Sep 2008
Posts: 2,005
Likes: 0 (0 Posts)
Default

A gilt, is just a bond that is considered "gold edged" as it is the most secure it can be. In this example the repayments promised are secured against the entire productive efforts of Britain. Check wiki for a general gilt definition.

On the gilts I don't know that I have an "official" source to hand, and it's late will come back to this for you

You can read the publicly displayed boe info here:
http://www.bankofengland.co.uk/about/history/index2.htm

and here http://www.bankofengland.co.uk/about...velopments.htm

You could have a google around on BOE and gilts.

there is some info here: http://www.prosperityuk.com/prosperi...cles/boe1.html

Someone else on this forum gave the 12% value.

Don't know if this is any use to you but it looked interesting, I hvenet read it yet : http://www.bankofengland.co.uk/publi...05/sovbond.pdf

Last edited by 1694; 13-10-2008 at 01:01 AM.
1694 is offline   Reply With Quote
Old 13-10-2008, 01:03 AM   #16
baron von lotsov
Senior Member
 
Join Date: May 2007
Location: English
Posts: 5,632
Likes: 13 (9 Posts)
Default

Quote:
Originally Posted by 1694 View Post
I would think it doesn't really make any. What little money it does make goes to the gilt holders who get there 12% annually.

They have even outsourced the minting operation to a rothschild owned company so atleast part of the profits from that are lost into private hands.

It is now just a smoke screen.
It's far more interconnected than they make out. It's a highly complex machine, and a lot of corporations are in on the racket. Every time you see one doing something utterly senseless in terms of profitability, expect it to be a case of them doing it with money from elsewhere.
__________________
Tu ne cede malis sed contra audentior ito
baron von lotsov is offline   Reply With Quote
Old 13-10-2008, 01:12 AM   #17
1694
Senior Member
 
Join Date: Sep 2008
Posts: 2,005
Likes: 0 (0 Posts)
Default

Yep what I believe is that as the treasury holds the shares if the BOE made profits they would be paid in dividens to the treasury who could use those for the publics benefit.

Therefore the BOE doesn't make and "profts." All the money made leaks out before it gets to the treasury.
1694 is offline   Reply With Quote
Old 13-10-2008, 01:29 AM   #18
oiram
Inactive
 
Join Date: Dec 2007
Location: Lost Oz "Unless they oppose it, they will be blamed for it. If they defend it, they are part of it."
Posts: 9,951
Likes: 9 (9 Posts)
Exclamation Who ownsthe federal reserve banking system

CHART OF WHO OWNSTHE FEDERAL RESERVE BANKING SYSTEM
http://www.rumormillnews.com/WHO_OWNS_FED.htm
Quote:
Originally Posted by oiram View Post
Federal Reserve Directors: A Study of Corporate and Banking Influence
Published 1976

Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.
http://www.rumormillnews.com/WHO_OWNS_FED.htm
Here are some big boys Names!
Chart of who "owns" the Federal Reserve

http://www.save-a-patriot.org/files/view/whofed.html
http://www.save-a-patriot.org/bbs/bbs.html
Directors of Federal Reserve Banks and Branches
http://www.federalreserve.gov/genera...rs/default.cfm
Who controls Bernankito?
http://mapper.nndb.com/start/?id=94165
A Note To a Potential Congressman
"Federal Reserve act of 1913" thereby establishing a private bank
that would centrally control all other banks and create a de facto bank monopoly.
http://2cents.dailyreckoning.com/viewtopic.php?t=36389

Screaming in a Burning Theater: Zero Bank Reserves
http://www.dailykos.com/story/2008/9...440/126/615177

Last edited by oiram; 13-10-2008 at 01:41 AM.
oiram is offline   Reply With Quote
Old 13-10-2008, 02:02 AM   #19
ourkid
Member
 
Join Date: Jan 2008
Posts: 75
Likes: 0 (0 Posts)
Default

Is the Royal Bank of Scotland the same?

I always guessed the Royal Bank of Scotland was owned by Royalty so less likely to be taken over.

I only have like £20 in the bank anyway
ourkid is offline   Reply With Quote
Old 13-10-2008, 02:05 AM   #20
the7thdr
Banned
 
Join Date: Aug 2008
Posts: 130
Likes: 0 (0 Posts)
Default

Quote:
Originally Posted by baron von lotsov View Post
I believe it is officially true but also it is one of the world's most influential banks and has historical connections to the Federal Reserve. This means that the inner workings of it are likely to be shrouded in much secrecy. Also it is really the main institution of the City of London and the City of London is not part of the state as such, it is an independent state like the Vatican City is. So I guess a kind of swinging doors mechanism is in place where on paper it is one thing but it is independent in other ways. For example one of the first things Blair did when he got in was to allow it to set interest rates instead of the elected party, and more of this independence is coming on line soon apparently. They have this thing called the Monetary Policy Committee that does all the talking stuff.
The square mile is nothing like the Vatican city. It is not an independent state. It is however a very strange local council that manages it's own police force and has many other strange rules not to be found in any other English council.
the7thdr is offline   Reply With Quote
Reply

Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT. The time now is 12:28 PM.


Shoutbox provided by vBShout (Lite) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.