Sky News interviewed Terry Smith this afternoon. Smith was on BBC QT last week and called for Glass Steagall. He did the same again today. In fact I would say that he was prompted to call for it.
You may well have expected Smith to be ignored by the media following his appearance on BBC QT, but apparently not.
So why was Smith interviewed and then prompted to call for Glass Steagall on Sky News?
This may be to divert calls for the removal of the power to create money out of nothing into calls for Glass Steagall, but then say Glass Steagall is being implemented through the Vickers Report, so shut up. However, the Vickers Report does not implement total separation of retail and investment banks, and only puts up a very thin paper wall between the two so that the casino can continue. And the pathetic reforms in Vickers need only be implemented by 2019.
May be Murdoch is getting his own back.
Whatever.
I say:
1. take the power to create money out of nothing from the bastards in The City of London and issue trillions to build a nation we can be proud of
2. implement FULL Glass Steagall, not a wishy-washy version that will do little
3. prosecute Bilderberg bankers and politicians under Fraud Act 2006 Section 4 Fraud by Abuse of Position
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