Cempaka Belanda: Mervyn King slams banks for putting profits before people and preying on the vulnerable

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Saturday, March 5, 2011

Mervyn King slams banks for putting profits before people and preying on the vulnerable

Daily Mail, by DAILY MAIL REPORTER, 5th March 2011

Mervyn King said problems in the banking
sector still remained and 'imbalances' in
the system were 'beginning to grow again'

The Governor of the Bank of England has slammed high-street banks for preying on the 'gullible or unsuspecting' and urged them to take a longer-term approach to their business and not simply try to 'maximise profits next week'.

Mervyn King also warned Britain risks suffering another financial crisis unless fundamental reforms of the profit-obsessed banking sector are pushed through.

He said problems still remained and 'imbalances' in the system were 'beginning to grow again'.

The intervention, in an interview with the Daily Telegraph, comes as a Government commission is considering whether financial institutions should be forced to separate retail and investment banking arms.

'We allowed a (banking) system to build up which contained the seeds of its own destruction,' Mr King said.

'We've not yet solved the 'too big to fail' or, as I prefer to call it, the 'too important to fail' problem. The concept of being too important to fail should have no place in a market economy.'

Asked if there could be a repeat of the financial crisis, Mr King said: 'Yes. The problem is still there. The search for yield goes on. Imbalances are beginning to grow again.'

Mr King suggested that the culture of short-term profits and bonuses could be to blame for the issues. Traditional manufacturing industries had a more 'moral' way of operating.

More...

'(With the banks) there isn't that sense of longer-term relationships. There's a different attitude towards customers. Small and medium firms really notice this: they miss the people they know.

'If it's possible (for financial services firms) to make money out of gullible or unsuspecting customers, particularly institutional customers, that is perfectly acceptable.'

King stood by previous comments that appeared to endorse the
coalition's strategy for reducing the deficit. Shadow chancellor
Ed Balls has warned the governor against becoming too political

However, good businesses 'keep a clear vision of who their customers are, and are run by people who don't think they should simply maximise profits next week', according to the governor.

He stood by previous comments that appeared to endorse the coalition's strategy for reducing the deficit. Shadow chancellor Ed Balls has warned the governor against becoming too political.

But Mr King said: 'It is inconceivable that the governor has no view on the size of the deficit and the need to reduce it.

'It would be a dereliction of duty for me not to warn. You need a credible plan to reduce it, over the lifetime of a Parliament. But it is for ministers, not for me, to say how this should be done.'

Pressed on the chances of an imminent interest rate rise - potentially as early as next week - Mr King said there was a 'perfectly reasonable case for doing it now'.

But he added that increasing rates too soon would be a 'futile gesture'.

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