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Showing posts from October, 2013

Danegeld, TARP, Banking Bail Outs , Austerity. King Kanute to George Gideon Osbourne.


The Current Chancellor of the British Exchequer is MP for Tatton which includes Knutsford in its constituency. Knutsford is what I had in mind and the Osbourne connection when I decided to read up on King Kanute. Danegeld is undoubtedly being paid to the City of London and Wall Street, The 2007 bail outs and ongoing bailouts by stealth are Danegeld to the Fiat debt based money system. Tatton has spawned plenty of material for quipping on hypocrisy and self absorption and Gideon is not letting the side down.

Knutsford was recorded in the William the Conqueror's Domesday Book of 1086 as Cunetesford ("Canute's ford"). King Canute (Knútr in Old Norse) was the king of England (1016–1035) and later king of Denmark, Norway and parts of Sweden as well. Local tradition says that King Canute forded the River Lily, which was said to be dangerous then, though other reports say it was …