UK up for sale! This seems too crazy to be true... What the hell is going on?
Lord James of Blackheath, Speech on Foundation X (House of Lords, 01/11/2010)
Must watch - Lord James Speech of 'Foundation X'
Must watch - Lord James Speech of 'Foundation X'
Last edited by Ed on Sun Nov 07, 2010 11:50 am, edited 3 times in total.
our lives begin to end the day we become silent about things that matter.
Re: Must watch - Lord James Speech of 'Foundation X'
Last edited by Ed on Sun Nov 07, 2010 11:52 am, edited 4 times in total.
our lives begin to end the day we become silent about things that matter.
Re: Must watch - Lord James Speech of 'Foundation X'
http://www.independent.co.uk/news/uk/po ... 26723.html
Lords stunned by Tory peer's IRA funding claim
By Andy McSmith
Saturday, 6 November 2010
A conservative "working" peer has made an astonishing claim that he handled billions of pounds of terrorist funds at the behest of the Bank of England during his business career, with the IRA as his "biggest client".
Lord James of Blackheath also claims that he is in touch with a secret organisation which he called Foundation X, with vast sums of money at its disposal, which is prepared to lend billions to the British government, interest free, to help reduce the deficit, but he has been unable to get ministers to believe him. His claims were ridiculed as coming from a man who has lost touch with reality when he voiced them in the House of Lords this week, but a government minister, Lord Sassoon, said that they had been the subject of "detailed discussions".
Lord James told peers: "I have had one of the biggest experiences in the laundering of terrorist money and funny money that anyone has had in the City. I have handled billions of pounds of terrorist money. My biggest client was the IRA and I am pleased to say that I managed to write off more than £1bn of its money. I have also had extensive connections with North African terrorists, but that was of a far nastier nature, and I do not want to talk about that because it is still a security issue. I hasten to add that it is no good getting the police in, because I shall immediately call the Bank of England as my defence witness, given that it put me in to deal with these problems."
He told peers that he was approached for or five months ago by a City firm, on behalf of "a strange organisation which wishes to make a great deal of money available to assist the recovery of the economy". Later, Lord James gave a figure of £75bn. He said: "I have come to the absolute conclusion that Foundation X is completely genuine and sincere and that it directly wishes to make the United Kingdom one of the principal points that it will use to disseminate its extraordinarily great wealth as part of an attempt to seek the recovery of the global economy."
He said that he had arranged for a representative of Foundation X to meet the leader of the House of lords, Lord Strathclyde, but that the meeting went so badly that" neither of them ended up by inviting the other out for a coffee or drink at the end of the evening, and they did not exchange telephone numbers".
Lord Strathclyde later told Lord James that the claims made about Foundation X could not be true, because all of their wealth is supposedly backed by gold bullion, which would imply they held more bullion than had been mined in the history of the world. Lord James, who is 72, said the total amount of bullion in the world may have been miscalculated, because "the total value of the Vatican bank reserves would claim to be more than the entire value of gold ever mined".
His claims were ridiculed by Lord Myners, the former City financier and Treasury minister. But the Treasury minister Lord Sassoon said: "Lord Myners thinks it is all a joke. I have been in detailed discussions with Lord James of Blackheath, and of course we take seriously anyone who wants to invest in our economy."
One Labour peer said: "This speech has been the talk of the bars in the House of Lords and the general view is that it is bonkers. If anything he said is true, it should be looked into, but we all think he's in a parallel universe."
As a businessman, David James had a reputation as a "company doctor" who was called in to take over enterprises that were on the brink of failure, including the Millennium Dome. In preparation for the 2001 general election, he was a member of an exclusive club of businessmen each of whom donated at least £10,000 a year to the Conservatives.
Michael Howard, David Cameron's predecessor, sent for him in 2004 to hold a review into how a Tory government might save £35bn a year by cutting Whitehall waste. The James Review of Taxpayer Value was praised by George Osborne as a "valuable exercise in identifying poor value for money". At Mr Howard's request, David Cameron arranged for James to be rewarded with a life peerage, as a working peer, in 2006.
Lord James said: "If it's all wrong you can blame it on this maverick ageing old-codger peer. And if I'm right, you get all the great glory of this happening for the British economy."
Baron James: In his own words
For the past 20 weeks I have been engaged in a very strange dialogue with two noble Lords, in the course of which I have been trying to bring to their attention the willing availability of a strange organisation which wishes to make a great deal of money available to assist the recovery of the economy in this country. For want of a better name, I shall call it Foundation X.
I have had one of the biggest experiences in the laundering of terrorist money and funny money that anyone has had in the City. I have handled billions of pounds of terrorist money.
My biggest client was the IRA and I am pleased to say that I managed to write off more than £1bn of its money. I have also had extensive connections with North African terrorists, but that was of a far nastier nature, and I do not wantto talk about that because it is still a security issue.
I brought one of the senior executives of Foundation X to meet my noble friend, Lord Strathclyde. I have to say that, as first dates go, it was not a great success. Neither of them ended up by inviting the other out for a coffee or drink at the end of the evening, and they did not exchange telephone numbers. I found myself between a rock and a hard place that were totally paranoid about each other, because the Foundation X people have an amazing obsession with their own security.
They expect to be contacted only by someone equal to head of state or someone with an international security rating equal to the top six peoplein the world.
If it's all wrong, you can blame it on this maverick, ageing, old-codger peer and if I'm right, you get all the great glory of this happening for the British economy.
Lords stunned by Tory peer's IRA funding claim
By Andy McSmith
Saturday, 6 November 2010
A conservative "working" peer has made an astonishing claim that he handled billions of pounds of terrorist funds at the behest of the Bank of England during his business career, with the IRA as his "biggest client".
Lord James of Blackheath also claims that he is in touch with a secret organisation which he called Foundation X, with vast sums of money at its disposal, which is prepared to lend billions to the British government, interest free, to help reduce the deficit, but he has been unable to get ministers to believe him. His claims were ridiculed as coming from a man who has lost touch with reality when he voiced them in the House of Lords this week, but a government minister, Lord Sassoon, said that they had been the subject of "detailed discussions".
Lord James told peers: "I have had one of the biggest experiences in the laundering of terrorist money and funny money that anyone has had in the City. I have handled billions of pounds of terrorist money. My biggest client was the IRA and I am pleased to say that I managed to write off more than £1bn of its money. I have also had extensive connections with North African terrorists, but that was of a far nastier nature, and I do not want to talk about that because it is still a security issue. I hasten to add that it is no good getting the police in, because I shall immediately call the Bank of England as my defence witness, given that it put me in to deal with these problems."
He told peers that he was approached for or five months ago by a City firm, on behalf of "a strange organisation which wishes to make a great deal of money available to assist the recovery of the economy". Later, Lord James gave a figure of £75bn. He said: "I have come to the absolute conclusion that Foundation X is completely genuine and sincere and that it directly wishes to make the United Kingdom one of the principal points that it will use to disseminate its extraordinarily great wealth as part of an attempt to seek the recovery of the global economy."
He said that he had arranged for a representative of Foundation X to meet the leader of the House of lords, Lord Strathclyde, but that the meeting went so badly that" neither of them ended up by inviting the other out for a coffee or drink at the end of the evening, and they did not exchange telephone numbers".
Lord Strathclyde later told Lord James that the claims made about Foundation X could not be true, because all of their wealth is supposedly backed by gold bullion, which would imply they held more bullion than had been mined in the history of the world. Lord James, who is 72, said the total amount of bullion in the world may have been miscalculated, because "the total value of the Vatican bank reserves would claim to be more than the entire value of gold ever mined".
His claims were ridiculed by Lord Myners, the former City financier and Treasury minister. But the Treasury minister Lord Sassoon said: "Lord Myners thinks it is all a joke. I have been in detailed discussions with Lord James of Blackheath, and of course we take seriously anyone who wants to invest in our economy."
One Labour peer said: "This speech has been the talk of the bars in the House of Lords and the general view is that it is bonkers. If anything he said is true, it should be looked into, but we all think he's in a parallel universe."
As a businessman, David James had a reputation as a "company doctor" who was called in to take over enterprises that were on the brink of failure, including the Millennium Dome. In preparation for the 2001 general election, he was a member of an exclusive club of businessmen each of whom donated at least £10,000 a year to the Conservatives.
Michael Howard, David Cameron's predecessor, sent for him in 2004 to hold a review into how a Tory government might save £35bn a year by cutting Whitehall waste. The James Review of Taxpayer Value was praised by George Osborne as a "valuable exercise in identifying poor value for money". At Mr Howard's request, David Cameron arranged for James to be rewarded with a life peerage, as a working peer, in 2006.
Lord James said: "If it's all wrong you can blame it on this maverick ageing old-codger peer. And if I'm right, you get all the great glory of this happening for the British economy."
Baron James: In his own words
For the past 20 weeks I have been engaged in a very strange dialogue with two noble Lords, in the course of which I have been trying to bring to their attention the willing availability of a strange organisation which wishes to make a great deal of money available to assist the recovery of the economy in this country. For want of a better name, I shall call it Foundation X.
I have had one of the biggest experiences in the laundering of terrorist money and funny money that anyone has had in the City. I have handled billions of pounds of terrorist money.
My biggest client was the IRA and I am pleased to say that I managed to write off more than £1bn of its money. I have also had extensive connections with North African terrorists, but that was of a far nastier nature, and I do not wantto talk about that because it is still a security issue.
I brought one of the senior executives of Foundation X to meet my noble friend, Lord Strathclyde. I have to say that, as first dates go, it was not a great success. Neither of them ended up by inviting the other out for a coffee or drink at the end of the evening, and they did not exchange telephone numbers. I found myself between a rock and a hard place that were totally paranoid about each other, because the Foundation X people have an amazing obsession with their own security.
They expect to be contacted only by someone equal to head of state or someone with an international security rating equal to the top six peoplein the world.
If it's all wrong, you can blame it on this maverick, ageing, old-codger peer and if I'm right, you get all the great glory of this happening for the British economy.
our lives begin to end the day we become silent about things that matter.
Re: Must watch - Lord James Speech of 'Foundation X'
Treasury has 'decided not to pursue' £22bn Foundation X proposal
By David Meyer, 6 November, 2010 20:11
http://www.zdnet.co.uk/blogs/communicat ... -10020975/
The UK government will not take up the apparent offer of billions of interest-free pounds from a mysterious organisation called Foundation X, a Treasury spokesperson told ZDNet UK on Friday.
The existence of the offer was detailed on Monday in the House of Lords by Lord James of Blackheath, who said the foundation was willing to pump at least £22bn into government coffers by Christmas. According to the spokesperson, Treasury commercial secretary Lord Sassoon has "looked into Lord James of Blackheath's proposal, and has decided not to pursue the matter any further".
"At no point has Lord Sassoon, or any Treasury officials, held any meetings with Lord James of Blackheath or any organisation that he mentions on this subject," the spokesperson added.
When he detailed the offer on Monday, Lord James began by apologising to Lord Sassoon "because I am about to raise a subject that I should not raise", then said he had been in a two-week discussion with Lords Sassoon and Strathclyde about the matter. He went on to say that neither Lord Sassoon nor Lord Strathclyde — who is the leader of the House of Lords — gave credence to the offer.
Many have suggested Lord James has been taken in by an elaborate scam, perhaps involving the so-called Office of International Treasury Control, but the peer is adamant that this is not the case.
The Treasury's statement appears to contradict Lord James' claim that he has met with Lord Sassoon to discuss Foundation X's offer, although it is not clear how he related the offer if not in some kind of meeting. The line that neither Lord Sassoon nor Treasury officials had met with the foundation itself, though, makes sense, as according to Lord James Foundation X expects to be contacted "only by someone equal to head of state status or someone with an international security rating equal to the top six people in the world".
In his speech on Monday, Lord James also said he had "managed to write off more than £1 billion" of the IRA's money in his City work for the government. However, he later explained that this had been at the behest of the Bank of England, and he was "a money washer, not a money launderer".
By David Meyer, 6 November, 2010 20:11
http://www.zdnet.co.uk/blogs/communicat ... -10020975/
The UK government will not take up the apparent offer of billions of interest-free pounds from a mysterious organisation called Foundation X, a Treasury spokesperson told ZDNet UK on Friday.
The existence of the offer was detailed on Monday in the House of Lords by Lord James of Blackheath, who said the foundation was willing to pump at least £22bn into government coffers by Christmas. According to the spokesperson, Treasury commercial secretary Lord Sassoon has "looked into Lord James of Blackheath's proposal, and has decided not to pursue the matter any further".
"At no point has Lord Sassoon, or any Treasury officials, held any meetings with Lord James of Blackheath or any organisation that he mentions on this subject," the spokesperson added.
When he detailed the offer on Monday, Lord James began by apologising to Lord Sassoon "because I am about to raise a subject that I should not raise", then said he had been in a two-week discussion with Lords Sassoon and Strathclyde about the matter. He went on to say that neither Lord Sassoon nor Lord Strathclyde — who is the leader of the House of Lords — gave credence to the offer.
Many have suggested Lord James has been taken in by an elaborate scam, perhaps involving the so-called Office of International Treasury Control, but the peer is adamant that this is not the case.
The Treasury's statement appears to contradict Lord James' claim that he has met with Lord Sassoon to discuss Foundation X's offer, although it is not clear how he related the offer if not in some kind of meeting. The line that neither Lord Sassoon nor Treasury officials had met with the foundation itself, though, makes sense, as according to Lord James Foundation X expects to be contacted "only by someone equal to head of state status or someone with an international security rating equal to the top six people in the world".
In his speech on Monday, Lord James also said he had "managed to write off more than £1 billion" of the IRA's money in his City work for the government. However, he later explained that this had been at the behest of the Bank of England, and he was "a money washer, not a money launderer".
our lives begin to end the day we become silent about things that matter.
Re: Must watch - Lord James Speech of 'Foundation X'
This Lord guy is an idiot and easily scammed.
This is the Foundation X:
http://en.wikipedia.org/wiki/Office_of_ ... ry_Control
This is the Foundation X:
http://en.wikipedia.org/wiki/Office_of_ ... ry_Control
The Office of International Treasury Control (OITC) is a seemingly elaborate fraudulent organization which claims to be associated with the United Nations and the Federal Reserve, the central bank of the United States. It has attempted to deceive people and organizations in Ecuador, Fiji and the United Kingdom. The UN and Federal Reserve have denied any knowledge of or connection with OITC. The purpose of the hoax is unknown.
Curiously, the OITC purports to be a highly secret organization whose existence cannot be proven or disproven by internet research, and yet it maintains its own very public website. The OITC website does not explain why a highly secretive organization would want, or need, to maintain such a website; nor does the website explain why such an apparently-wealthy organization would have such a badly-designed website with many typographical errors.
Figuring out exactly how 9/11 was done is the work of crime investigators or conspiracy hobbyists who will endlessly go on discussing and debating every minuscule and intricate detail of the event to no avail. It doesn't take a structural engineer to tell you that two 110 story buildings and a 47 story steel skyscraper plummeting to the ground at nearly free-fall speed requires the assistance of explosives. All you need is two eyes that can see and a brain that thinks to come to that sound conclusion. This is why it is of my opinion that more emphasis should be placed on the "who" instead of the "how". It should be obvious to anyone that discovering 'who did 9/11' is infinitely more important than discovering how they did it.
Want to know who did it and why? Go here: http://www.theinfounderground.com/forum ... f=6&t=5367
Want to know who did it and why? Go here: http://www.theinfounderground.com/forum ... f=6&t=5367
Re: Must watch - Lord James Speech of 'Foundation X'
I don't really understand what it means either. This was quickly brushed under the carpet by the media and other politicians are saying that he is nuts and has been taken in by a scam. However, I personally find it hard to believe. you would think that given his experience that this very hard to do. Either way, no one has been able to say with any certainty what is actually going on here.
The Lord Sassoon he mentions is part of the Sassoon family who are related to the Rothschilds .
It's just weird. Mike Rivero made a comment at the bottom of this blog article:
http://blogs.telegraph.co.uk/news/rober ... h-economy/
The Lord Sassoon he mentions is part of the Sassoon family who are related to the Rothschilds .
It's just weird. Mike Rivero made a comment at the bottom of this blog article:
http://blogs.telegraph.co.uk/news/rober ... h-economy/
This is a replay of the "Prester John" gambit, in which a mythical Christian King in the far east was invented to encourage Europeans to join the Second Crusade to "free" the Holy Lands, despite having suffered the collapse of the first crusade.
Rumors of the impending intervention of Prester John bolstered the courage of the Christians of the Crusader Kingdoms and of Europe, and based in part on the promise of Prester John as an ally, Pope Eugene launched the Second Holy Crusade, led by Louis VII of France and Conrad III of Germany .
But Prester John did not show up as promised. The Second Crusade ended in the route of the Crusader armies at Damascus, and the Christians found themselves holding less of the Holy Lands.
In 1165, just as the situation in the Holy Lands began to deteriorate further, a letter began to circulate around Europe purportedly from Prester John. The letter again promised support for the Christian armies of Europe . The letter included descriptions of the wonders of Prester John's kingdom. The letter was so popular it was copied far and wide, and portions of it set to music!
But again, Prester John did not show up when promised, and in 1187 Jerusalem fell to Saladin. This prompted the start of the Third Crusade. Once again, rumors of Prester John's armies attacking the Muslims from the East bolstered the invading forces.
Prester John was a fiction told to the masses to give them a false hope for victory when none was really possible.
Foundation-X appears to be more of the same.
our lives begin to end the day we become silent about things that matter.
Re: Must watch - Lord James Speech of 'Foundation X'
I have read about that but according to the previous article he denies it is them. What would be the purpose of the hoax? He says they are offering money to the UK government, interest free.MWB wrote:This Lord guy is an idiot and easily scammed.
This is the Foundation X:
http://en.wikipedia.org/wiki/Office_of_ ... ry_Control
The Office of International Treasury Control (OITC) is a seemingly elaborate fraudulent organization which claims to be associated with the United Nations and the Federal Reserve, the central bank of the United States. It has attempted to deceive people and organizations in Ecuador, Fiji and the United Kingdom. The UN and Federal Reserve have denied any knowledge of or connection with OITC. The purpose of the hoax is unknown.
Curiously, the OITC purports to be a highly secret organization whose existence cannot be proven or disproven by internet research, and yet it maintains its own very public website. The OITC website does not explain why a highly secretive organization would want, or need, to maintain such a website; nor does the website explain why such an apparently-wealthy organization would have such a badly-designed website with many typographical errors.
Do you think this is money laundering? Drugs money? Either way, you would think people would want to know about who is behind it. Lord James said he actually arranged a meeting between this member of foundation X and Lord Strathclyde. Who was that person?
our lives begin to end the day we become silent about things that matter.
Re: Must watch - Lord James Speech of 'Foundation X'
I'm with Dianna and I have to admit that I couldn't make heads or tails with what this video was supposed to be about, and now that I have given it a bit more thought after reading through some of the YouTube comments, I think it was meant to be a rabbit trail.Ed wrote:I have read about that but according to the previous article he denies it is them. What would be the purpose of the hoax? He says they are offering money to the UK government, interest free.MWB wrote:This Lord guy is an idiot and easily scammed.
This is the Foundation X:
http://en.wikipedia.org/wiki/Office_of_ ... ry_Control
The Office of International Treasury Control (OITC) is a seemingly elaborate fraudulent organization which claims to be associated with the United Nations and the Federal Reserve, the central bank of the United States. It has attempted to deceive people and organizations in Ecuador, Fiji and the United Kingdom. The UN and Federal Reserve have denied any knowledge of or connection with OITC. The purpose of the hoax is unknown.
Curiously, the OITC purports to be a highly secret organization whose existence cannot be proven or disproven by internet research, and yet it maintains its own very public website. The OITC website does not explain why a highly secretive organization would want, or need, to maintain such a website; nor does the website explain why such an apparently-wealthy organization would have such a badly-designed website with many typographical errors.
Do you think this is money laundering? Drugs money? Either way, you would think people would want to know about who is behind it. Lord James said he actually arranged a meeting between this member of foundation X and Lord Strathclyde. Who was that person?
Plus Lord James said the magic words which immediately should bring up red flags as soon as they are uttered and that is "we must," as in "we must get to the bottom of this."
Re: Must watch - Lord James Speech of 'Foundation X'
Ha, don't worry if it was hard to follow guys because even it was hard for me to get what he was yabbering on about at first.
Well no one has taken him seriously at all so maybe that the guy really is just an ageing old fool who's been taken in by a scam.
If that is the case, then what kind of crazy fools would keep it going for 21 weeks and target people so high up? It isn't even clear to me what the purpose of such a scam would really be. I don't think we'll get any more info anyway, it's a lost cause it seems.
Well no one has taken him seriously at all so maybe that the guy really is just an ageing old fool who's been taken in by a scam.
If that is the case, then what kind of crazy fools would keep it going for 21 weeks and target people so high up? It isn't even clear to me what the purpose of such a scam would really be. I don't think we'll get any more info anyway, it's a lost cause it seems.
our lives begin to end the day we become silent about things that matter.
Re: Must watch - Lord James Speech of 'Foundation X'
"foundation x" the new Presbyter John?
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