Dame of Malta Elizabeth Mary II pretends she knows nothing of the financial crisis

Queen questions financial crisis

13 December 2012 Last updated at 18:10
http://www.bbc.co.uk/news/uk-20716299

The BBC’s Nicholas Witchell on what was said during the Queen’s visit to the Bank of England

The Queen has asked if “complacency” contributed to the financial crisis, during an informal conversation with Bank of England officials.

During her visit to the Bank, she also asked whether the Financial Services Authority (FSA) “did not have the teeth” to respond to the crisis.

The Queen was responding to a briefing by a member of the Bank’s financial services committee.

The FSA said the regulatory system had been completely changed since 2008.

The Queen and the Duke of Edinburgh also toured vaults full of gold bars during their tour.

The couple also signed a million pound note each for the Bank’s guest book and the Queen was shown the very first banknote she had signed on 29 November, 1937, aged 11.

Four years ago, during the height of the global crisis, the Queen had asked academics at the London School of Economics: “Why did nobody notice it?”.

During this visit, Sujit Kapadia from the Bank’s financial services committee gave the Queen three reasons why the crisis happened – one of which was that it was rare event which made it difficult to predict.

He added: “People thought markets were efficient, people thought regulation wasn’t necessary. Because the economy was stable there was this growing complacency,”
‘A bit lax’

“Thirdly, people didn’t realise just how interconnected the system had become.”

The Queen replied: “I suppose, in money terms, it is very difficult to foresee. But people had got a bit lax. Have they?”

When told that the officials in the room were there to prevent another crisis, the Duke jokingly asked: “Is there another one coming?”

A spokesman for the bank said: “The Bank of England is very grateful to Her Majesty for her visit today and for taking such an interest in its work.”

The FSA also responded saying: “We’ve widely acknowledged that the regulatory approach before the financial crisis in 2008 was flawed and has since been completely changed.

“Parliament is now awaiting Royal Assent for the Financial Services Bill, which will determine the powers for the new regulators that will be created next year'”

One comment

  • The treasonous false-Queen of once England was behind the planned economic collapse! Please do a study on the Club of Isles and its Prince of the Isles who is none other than Prince Charles the Great Master of the The Most Honourable Military Order of the Bath and true controller of the British Security Service. Then do a study on TheCityUK and The Worshipful Company of Mercers. Now you will have found out who created the banking crisis. Next is why?

    Now do a study on the Club of Rome’s zero-growth post-industrial plan for the post-democratic era within a fascist state leading into World Marxism under the United Nations. No more threats from the Middle Class rebelling as all slaves are standardized and made into a lower class needing to beg the state for their lives.

    The financial World is controlled at the top by the Order of Malta (greatest merchants on Earth), Equestrian Order of the Holy Sepulchre of Jerusalem, Sacred Military Constantinian Order of St George and of course Opus Dei. All business on Earth is controlled by the Holy See through Vatican Canon Law based Admiralty Law and the Uniform Commercial Code. The Roman Empire perfected the ancient Phoenician high-seas trading laws. The continuum of the Roman Empire is the Papacy with the Pope (Sun door) being the Caesar and the Cardinals (hinges) being the Senate.

    If you bother to watch the video at the article link above you will notice this Dame of Malta walking in the British gold vaults. Do not be impressed as most of this gold is most likely faked zinc bars coated with gold. Most of the real gold of the World is held in Switzerland due to its neutrality stemming from the Congress of Vienna in 1814. A lot of the gold in Switzerland has been robbed by the Deutsche Verteidigungs Dienst Nazi continuum based in the Directorate for Intelligence division of the Central Intelligence Agency under Knight of Malta, George H.W Bush.

    Queen Elizabeth II is connected to the power of Cardinal Grandmaster, Matthew Festing of the Order of Malta who controls all recognized Knights of Malta Orders via The Alliance of the Orders of St John of Jerusalem via Geneva, Switzerland a Canton ruled by the House of Savoy, very powerful Papal puppets with the Doria family. Do a study of the Papal Bull called Ad Providam from 1312. You will see that the Order of Malta took full control of the Knights Templar powers and wealth under the Papacy. The Order of Malta was subordinated to the Society of Jesus in 1798.

    -= The Unhived Mind

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