[diggers350] Deliberate land and food price inflation

[Joan lawson]

Re this and other failings, perhaps we should call Gordon Brown our Sub-Prime Minister
Joan Lawson
 ----- Original Message ----- 
  From: james armstrong 
  To: diggers350 at yahoogroups.com 
  Sent: Sunday, April 20, 2008 5:06 AM
  Subject: [diggers350] Deliberate land and food price inflation


  SUB PRIME GOVERNMENT cause LAND AND FOOD PRICE INFLATION.

  Our Sub prime government unlawfully manipulates the sub prime economy.
  Using market power - the Bank of England fixing interest rates and the terms of mortgage lending - and the Treasury policy of manipulating house prices up to put you into debt to stimulate 'the economy' is against the public interest and is unlawful under the 1998 Competition Act..

  'Credit Crunch' applied to the financial market is a public relations term invented to disguise and shift the blame for the 'Discreditable Consequences' of the lawbreakers in the Treasury and the Bank of England who use people's housing needs to provide profits for the banks via housing and mortgage inflation. 

  Blame it on America, not because of mortgage failures there spilling over here, but because Thatcher adopted and Brown followed Joseph Stiglitz' recommendation to substitute a City and debt based economy for the traditional UK people based economy built on work, trade, and manufacture.

  'Sub prime' used by the government and the press shifts the blame to 'irresponsible' lenders and shifts even more cash in tanker loads from the public purse to the pockets of those City executives who reward themselves for making paper profits from stressing people's housing needs so we pay the crooks twice. 

  Its particularly relevant to Diggers because it involves hiking the price of building land initially, then farm land on a secondary basis as the City crooks invest there loot typically in land. This thirdly helps to re-inflate the next housing bubble based on scarce building sites and fourthly helps bring on a food price crisis, the next people-exploiting scam. 

  James Armstrong. 
  Dorchester, UK


   


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