Did you know?
… that when it comes to criminal and civil trials held within the United Kingdom there are certain categories of witness who may not be compelled to give evidence: The Monarch; Foreign diplomats; Spouses and family members (in special circumstances); Vulnerable people and children (dependant on circumstances and nature of trial); and… BANKERS.
So why are bankers not compellable as witnesses? Lets look to the act concerned to see what we might discover:
“Section 6 of the Bankers’ Books Evidence Act 1879 provides that a banker or officer of a bank shall not, in any legal proceedings to which the bank is not a party, be compellable to produce any banker’s book the contents of which can be proved under this Act, or to appear as a witness to prove matters, transactions and accounts therein recorded, unless by order of a judge made for a special purpose.” (ref – http://www.insitelawmagazine.com/evidencech6.htm )
So a banker may not be compelled to give evidence in a case to which the bank is not party (is not accused or interested) unless specifically ordered to do so by a judge. – No wonder white collar crime is so prevalent in this country when fraud can be so easily hidden within a banks books! However, we still don’t know WHY this is the case. Maybe a glance into the history of banking will give us a clue?
There’s a short (45min) and rather informative video available on youtube which sets out, in simple terms, the general history of central banking and which reveals the intricate and embedded relationship between banks and nation states. Whilst the bank of England is no longer privately owned (more on this later) the general principles set out in this documentary remain relevant. Money as Debt can be viewed here – http://www.youtube.com/watch?v=jqvKjsIxT_8 )
So we know that the Rothschild banking dynasty was behind the central banking industry from it’s inception. Evelyn Robert De Rothschild, amongst many other things, serves as financial advisor to the queen (ref – http://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild ), the only person in the UK who, according to law, is above the law because she, via her ‘divine right’ actually makes the law. It is rumoured that Evelyn R. De Rothschild is not only the queens advisor, but her closest advisor. Very cosy.
I discovered yesterday, through our barrister friend, Jack, that whenever a bank is fined by a court in this land, that it is actually the British people who pick up the tab! – The bank itself pays the fine and is paid back by the nationally owned Bank of England, via the bank’s bond with the BoE. i.e. you foot the bill through your taxes.
How very interesting that if a bank funds terrorism, for example (Standard and Poors?), and is found guilty of such and subsequently fined, it is you, the British people, who foot the bill. Similarly, should a British bank be found guilty of scamming money from its domestic customers, ultimately it will be those same customers who pay the resulting fine.
This is all beginning to look remarkably dodgy! Can it be that those entrusted with making and enacting law in this country are working in the best interests of those parasitic entities which create and maintain the nation’s and individual, debt? Are our lawmakers being manipulated by those who own the nations debt?
The Bank of England is nationally owned. This has only been the case since 1946 when the formally privately owned bank was nationalised. The nationalisation (bringing into public ownership) of the bank is rather interesting (read obscure) all by itself.
Transfer of Bank stock to the Treasury
(1) On the appointed day –
(a) the whole of the existing capital stock of the Bank (hereinafter referred to as “Bank
stock”) shall, by virtue of this section, be transferred, free of all trusts, liabilities and
incumbrances, to such person as the Treasury may by order nominate,(3) to be held by
that person on behalf of the Treasury;
(b) the Treasury shall issue, to the person who immediately before the appointed day is
registered in the books of the Bank as the holder of any Bank stock, the equivalent
amount of stock created by the Treasury for the purpose (hereinafter referred to as the
2) The Government stock shall bear interest at the rate of three per cent. per annum; and
the equivalent amount of Government stock shall, in relation to any person, be taken to be
such that the sum payable annually by way of interest thereon is equal to the average annual
gross dividend declared during the period of twenty years immediately preceding the
thirty-first day of March, nineteen hundred and forty-five, upon the amount of Bank stock of
which that person was the registered holder immediately before the appointed day.
4) After the appointed day, no dividends on Bank stock shall be declared but in lieu of any
such dividends the Bank shall pay to the Treasury, on every fifth day of April and of October,
[a sum equal to 25 per cent of the Bank’s net profits for its previous financial year, or such
other sum as the Treasury and the Bank may agree.]
( ref –http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCEQFjAA&url=http%3A%2F%2Fwww.bankofengland.co.uk%2Fabout%2FDocuments%2Flegislation%2F1946act.pdf&ei=w9M0UICMOueS0QWz5oDgBg&usg=AFQjCNHAAxCwWLmfYkgMjHZp7bXzZHDatg&sig2=31WCw2jGOVByjucJppt7kw [PDF])
So, we see that the shareholders of the bank were paid an equivalent amount of interest baring ‘Government Stock’ for their shares in the bank. This is a subject I’ve researched several times over the years and as yet have been unable to ascertain just how much ‘Government Stock’ was created. Put another way, I’ve been unable to discover just how much of the British Government is owned by the former owners of the BoE.
I’m going to be returning to this subject in the future, possibly several times, but for now lets summarise what we have so far:
- Bankers create and own all national and the vast majority of personal debt.
- Bankers (formerly BoE shareholders) own specially issued ‘Government Stock’. i.e. they own interest baring shares in our government.
- The current monarchs (read law makers) closest financial advisor is the head of the biggest banking dynasty in the world.
- Bankers may not be compelled, except by a judge, to give evidence in criminal and civil cases, including cases involving fraud and other financial inaccuracies.
- Should any bank registered in the UK be found guilty of financial irregularity and subsequently fined it is you who ultimately pays that fine.
The phrase ‘he who pays the piper calls the tune’ comes readily to mind.
More on this topic in coming weeks and months as I revisit some old Freedom of Information request I and others have made to the Bank of England.
Much love, peace and respect to you all. Thanks for reading.
Kazz and Prajna. xxxx