Dumber than a sack of hammers

If you ever needed a reason for the removal of hereditary titles and the risk of inbreeding amongst the upper classes, this is it.

Boing Boing reports:

On February 16th, Lord David James of Blackheath (a Conservative life peer) spoke for 11 minutes in the UK House of Lords about a supposed $15 trillion federal reserve conspiracy that involved more gold than has ever been mined. It turned out he had fallen for a widespread scam.

“Mr. Riyadi has sent me a remarkable document dated February 2006,” Lord James continued, “in which the American Government have called him to a meeting with the Federal Reserve Bank of New York.” That meeting, he said, “was witnessed by Mr Alan Greenspan, who signed for the Federal Reserve Bank of New York of which he was chairman, as well as chairman of the real Federal Reserve in Washington. It is signed by Mr Timothy Geithner as a witness on behalf of the International Monetary Fund. The IMF sent two witnesses, the other being Mr Yusuke Horiguchi.”

“These gentlemen have signed as witnesses,” he continued, “to the effect that this deal is a proper deal. There are a lot of other signatures on the document. I do not have a photocopy; I have an original version of the contract.

“Under the contract, the American Treasury has apparently got the Federal Reserve Bank of New York to offer to buy out the bonds issued to Mr Riyadi to replace the cash which has been taken from him over the previous 10 years. It is giving him $500 million as a cash payment to buy out worthless bonds. That is all in the agreement and it is very remarkable.”

Riyadi, as the tale continues, supposedly had 750,000 tons of gold backing the $15 trillion the United States took from him to prop up the U.S. dollar.

The World Gold Council, however, estimates the only 165,000 tons of gold have been mined in the history of the world.

 


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  • Jeff

    Unfortunately the whole point of your post is lost because it quite clearly says that Lord James is a Conservative Life Peer. and therefore is not the beneficiary of a hereditary title or the consequence of inbreeding amongst the upper classes.
    Life Peers are appointed and in fact there are a number of  trade unionists who are life peers.

  • insider

    You can almost see the Nigerian scammers gathering waiting to pounce on this guy as soon as his speech finishes.

  • tas

    House of gits…

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