Local Job Creation for the people, managed by the people
The Capital Spillway Trust response to the Green Paper; Financing a Private Sector Recovery
Early in 2010, Mervyn King, Govenor, the Bank of England, sat down in front of a TV
camera
Shortly thereafter Mr. King personally wrote to me to suggest that I send it all to the government.
That was just before the general election and they did not reply. Undaunted, immediately after the election, I wrote
again, Financing a Private
Sector Recovery
As I see it, the United Kingdom is short of 6 million private sector jobs and as a consequence, needs a transfer of
prosperity from the The
Capital Spillway Trust Response to the Green Paper; Financing a Private Sector Recovery
and told everyone that we needed a new plan to overcome the nation's financial difficulties.
As I had such a
plan already in place, I wrote to remind him of my previous contacts with the BoE
attaching a copy of my long term
proposals for The Capital Spillway Trust.
this time to the Cabinet Secretary at 10 Downing Street. Then shortly thereafter, they announced a new Green Paper
titled:
existing Finance, Insurance and Real Estate, (FIRE), economy back into the grass roots of the nation.
This is my considered response