Foundation X

This is an excerpt of a transcript from Hansard for the 1st November 2010 column 1538 – House of Lords. If you are unaware of Hansard, it is a record of what is being talked about in the Houses of Parliament.

At this stage, I will refrain from commenting on this transcript and will open up the comment feature, as I would love to hear anyones opinions about the subject(s) being talked about. This was brought to my attention this morning by a friend and to be honest Hansard is not something I look at now, but this I must admit has certainly got my interest.


Lord James of Blackheath: At this point, I am going to have to make a very big apology to my noble friend Lord Sassoon, because I am about to raise a subject that I should not raise and which is going to be one which I think is now time to put on a higher awareness, and to explain to the House as a whole, as I do not think your Lordships have any knowledge of it. I am sorry that my noble friend Lord Strathclyde is not with us at the moment, because this deeply concerns him also.

For the past 20 weeks I have been engaged in a very strange dialogue with the two noble Lords, in the course of which I have been trying to bring to their attention the willing availability of a strange organisation which wishes to make a great deal of money available to assist the recovery of the economy in this country. For want of a better name, I shall call it foundation X. That is not its real name, but it will do for the moment. Foundation X was introduced to me 20 weeks ago last week by an eminent City firm, which is FSA controlled. Its chairman came to me and said, "We have this extraordinary request to assist in a major financial reconstruction. It is megabucks, but we need your help to assist us in understanding whether this business is legitimate". I had the biggest put-down of my life from my noble friend Lord Strathclyde when I told him this story. He said, "Why you? You're not important enough to have the answer to a question like that". He is quite right, I am not important enough, but the answer to the next question was, "You haven't got the experience for it". Yes I do. I have had one of the biggest experiences in the laundering of terrorist money and funny money that anyone has had in the City. I have handled billions of pounds of terrorist money.

Baroness Hollis of Heigham: Where did it go to?

Lord James of Blackheath: Not into my pocket. My biggest terrorist client was the IRA and I am pleased to say that I managed to write off more than £1 billion of its money. I have also had extensive connections with north African terrorists, but that was of a far nastier nature, and I do not want to talk about that because it is still a security issue. I hasten to add that it is no good getting the police in, because I shall immediately call the Bank of England as my defence witness, given that it put me in to deal with these problems.

The point is that when I was in the course of doing this strange activity, I had an interesting set of phone numbers and references that I could go to for help when I needed it. So people in the City have known that if they want to check out anything that looks at all odd, they can come to me and I can press a few phone numbers to obtain a reference. The City firm came to me and asked whether I could get a reference and a clearance on foundation X. For 20 weeks, I have been endeavouring to do that. I have come to the absolute conclusion that foundation X is completely genuine and sincere and that it directly wishes to make the United Kingdom one of the principal points that it will use to disseminate its extraordinarily great wealth into the world at this present moment, as part of an attempt to seek the recovery of the global economy.

I made the phone call to my noble friend Lord Strathclyde on a Sunday afternoon—I think he was sitting on his lawn, poor man—and he did the quickest ball pass that I have ever witnessed. If England can do anything like it at Twickenham on Saturday, we will have a chance against the All Blacks. The next think I knew, I had my noble friend Lord Sassoon on the phone. From the outset, he took the proper defensive attitude of total scepticism, and said, "This cannot possibly be right". During the following weeks, my noble friend said, "Go and talk to the Bank of England". So I phoned the governor and asked whether he could check this out for me. After about three days, he came back and said, "You can get lost. I'm not touching this with a bargepole; it is far too difficult. Take it back to the Treasury". So I did. Within another day, my noble friend Lord Sassoon had come back and said, "This is rubbish. It can't possibly be right". I said, "I am going to work more on it". Then I brought one of the senior executives from foundation X to meet my noble friend Lord Strathclyde. I have to say that, as first dates go, it was not a great success. Neither of them ended up by inviting the other out for a coffee or drink at the end of the evening, and they did not exchange telephone numbers in order to follow up the meeting.

I found myself between a rock and a hard place that were totally paranoid about each other, because the foundation X people have an amazing obsession with their own security. They expect to be contacted only by someone equal to head of state status or someone with an international security rating equal to the top six people in the world. This is a strange situation. My noble friends Lord Sassoon and Lord Strathclyde both came up with what should have been an absolute killer argument as to why this could not be true and that we should forget it. My noble friend Lord Sassoon's argument was that these people claimed to have evidence that last year they had lodged £5 billion with British banks. They gave transfer dates and the details of these transfers. As my noble friend Lord Sassoon, said, if that were true it would stick out like a sore thumb. You could not have £5 billion popping out of a bank account without it disrupting the balance sheet completely. But I remember that at about the same time as those transfers were being made the noble Lord, Lord Myners , was indulging in his game of rearranging the deckchairs on the Titanic of the British banking community. If he had three banks at that time, which had had, say, a deficiency of £1.5 million each, then you would pretty well have absorbed the entire £5 billion, and you would not have had the sore thumb stick out at that time; you would have taken £1.5 billion into each of three banks and you would have absorbed the lot. That would be a logical explanation—I do not know.

My noble friend Lord Strathclyde came up with a very different argument. He said that this cannot be right because these people said at the meeting with him that they were still effectively on the gold standard from back in the 1920s and that their entire currency holdings throughout the world, which were very large, were backed by bullion. My noble friend Lord Strathclyde came back and said to me that he had an analyst working on it and that this had to be stuff and nonsense. He said that they had come up with a figure for the amount of bullion that would be needed to cover their currency reserves, as claimed, which would be more than the entire value of bullion that had ever been mined in the history of the world. I am sorry but my noble friend Lord Strathclyde is wrong; his analysts are wrong. He had tapped into the sources that are available and there is only one definitive source for the amount of bullion that has ever been taken from the earth's crust. That was a National Geographic magazine article 12 years ago. Whatever figure it was that was quoted was then quoted again on six other sites on the internet—on Google. Everyone is quoting one original source; there is no other confirming authority. But if you tap into the Vatican accounts—of the Vatican bank–— come up with a claim of total bullion—

Lord De Mauley: The noble Lord is into his fifteenth minute. I wonder whether he can draw his remarks to a conclusion.

Lord James of Blackheath: The total value of the Vatican bank reserves would claim to be more than the entire value of gold ever mined in the history of the world. My point on all of this is that we have not proven any of this. Foundation X is saying at this moment that it is prepared to put up the entire £5 billion for the funding of the three Is recreation; the British Government can have the entire independent management and control of it—foundation X does not want anything to do with it; there will be no interest charged; and, by the way, if the British Government would like it as well, if it will help, the foundation will be prepared to put up money for funding hospitals, schools, the building of Crossrail immediately with £17 billion transfer by Christmas, if requested, and all these other things. These things can be done, if wished, but a senior member of the Government has to accept the invitation to a phone call to the chairman of foundation X—and then we can get into business. This is too big an issue. I am just an ageing, obsessive old Peer and I am easily dispensable, but getting to the truth is not. We need to know what really is happening here. We must find out the truth of this situation.

If you would like to read the full transcript then please see.

If you scroll through the PDF to the time stamp 10.42pm and column number 1538 you find the section that contains this information. I was advised about this by someone at the House of Lords information office this morning, who helped me find the section that I needed. Thank you whoever you were.   x

44 thoughts on “Foundation X

  1. The government is no good at this type of monetary problem I have read screeds of debates on fiscal policy it is amazing that we have escaped so unscathed so far most are frightened by their own shadow after all who in the government has any idea of business in the real world or could make a sensible correct decision they are all prepared to argue but if the blind lead the blind. They did not concieve the idea nor do they have any way of a belief in a proposition unless it is hallmarked 99.99% nor will they investigate enough to find out.

    One thing is for sure if we as well as America move back to the gold standard values will drop some assets will rise as investment and in that short period of time fortunes will exchange and move away from the have nots of society to the already wealthy who know where to invest (History has proved this many times).

    If this deal is Bona Fide then it would create a buffer in the UK against inflation/deflation and help support our currency and is without ties and has a disclaimer.

    The government is at present creating the mos draconeon laws to stop us from interfearing in their plans for us and we are like children bowing down "yes Oh master" grovel grovel grovel beat me harder.

    A lot of stuff is comming at us from the EU 9 laws a day 7 days a week and the polititians lack backbone for its population like cameron a scared rabbit in the headlights





    1. Please share with me the details of what comprises of a Contract of Charges, feel free to add me on facebook (if you have it) @ Marcus Aequus, or respond here. Very curious about this remedy.

  3. There is a video of this on YT. I watched it and they don't seem that bothered about supporting such crimes against humanity. As long as they are earning a good wage, screw everyone else. 

  4. can you eat gold .NO! . we are now at a point where people cant eat and stay warm at the same time ,whats next ? ask youself this ,would you trust anyone in the british government with this sort of money ? i think not, like there doing a bang up job so far! until people start to realize paper debt money is just that (PAPER )nothing will change. gold or no gold !

  5. I dont trust anybody in parliament let alone the toffs in the lords, as the murdered late Bill Cooper said “Trust noone” coming from this toff, and seeing that he is spouting it all out in public, its got to be a fkd up scam coming from within the government especially the Traitors department, take the london riots for example there is a good picture displayed on one of the front pages of the main stream media of a geezer who is quite tall, older in statute and wearing proper pukker gear right down to his nice brand new trainers, that asshole has got to be a Government Terrorist they are the ones who set fire to the furniture shop on the corner of the street alledgedly. Think about it!

  6. I am a new member John and this is my first post. Firstly I do beleive there are some good people with that kind of money who would be willing to put it into a Nation like ourself’s , but I do not believe that that ANY goverment will / would give it a second thought as it would mean , by some defininition relenting power to the masses. They have us where they want us and thats a fact. I also believe that the vatican is THE richest country in the world and could quite easily wipe out third world dept’s , I dont think theres much to dispute there ? but I also believe there is an element that are angling for a NWO , and these are the people with the worlds purse strings . On a lighter note , I seen you on “the edge” and it was fascinating to watch you talk , I myself am just beginnig on my road to the truth and would be grateful of any advice that you recieved at you start for the truth and / or what sites to stay back from.

  7. My guess is that this is NESARA. Look it up, and my other guess is that they will want the government to step down, and for total UFO disclosure. They have this kind of money, it’s gonna happen soon anyway so maybe the bullingdon boys will do the right thing for the first time in their lives, who knows. Our galactic brothers and sisters have been in the background for millenia now, just waiting, and the time is right for us to ascend very soon. If you aren’t into this kind of stuff, you will be soon, you will all wake up, probably this year too as things in the world are going. We have had free energy devices suppressed from us all for a long time now, this was given in the 40s by the greys in exchange for them to be allowed to live under ground on our world, and to be allowed some abductions, but they took this too far. That is bad enough, but our governments who are in the back pockets of gas companies, pharma companies and the war industry have kept this from us, that is how they have amassed such wealth in such a short space of time, check out the figures of the have’s and the have nots these days. It’s coming, i for one sincerely hope it’s them.

    1. Thanks Esther, but wiki is NOT a place of valuable info if its Truth we're looking for. If I need the date and location of something from history, I'm on wiki first. If I want to know whats goin on in the world, I don't go near em. 

  8. I read in more than one article that this crisis is deliberate and the plan is to offer to bail out the world and the price will be total control of the planet NWO
    I have no faith in our govenerment to object as they are all players being common purpose and bilderbergers ect
    Interestinly the Vatican comes up there is documentation that the Vatican is behind the NWO
    search illuminanti vatican its an eye opener

  9. Very strange indeed, if someone with a few grand on them gets stoped by the police, said police will confiscate the money if you cannot prove it is lawfuly yours. When an mp is approached by someone with billions of pounds and gold bullion what do they do ? (scratch their arses).
    What intrigues me is that the government deals with terrorists and thieves as friends of the state.

  10. interesting!!! not trying to be funny but it loks like the powers that be dont have a clue as to the reality of whats going on any more than we do – but then that is the nature of the beast i suppose – scary

  11. During part of his speech he also talks about the possible collapse of the food processing industry! It can be heard here:

  12. I think thier is a well and long defined protocol in such a place, so what we saw on the screen so to speak is what they wanted to be seen, this is held up by the fact they kept it in the records and allowed into the public domain.

    It matters not where they try to say the money comes as its all the same pocket ?

    They all are part of the same wheel ?

    The final agenda is depopulation, perhaps the aim was to give people the impresssion their worlds could be saved then the very villians who stole the money from us under the banner of global recession decided to say no we dont want that money, they wanted the public to perhaps get upset because they the politicians had turned the money down for us with not as much as a word to us about it ? they wanted us to get uppitty!

  13. Surely, with that amount of money (and more) they could set up their own (Conservative??) Political Party and get try and get rid of the feckless, corrupt dribblers and shufflers that inhabit Westminster at the moment.

  14. since he talked about foundation x offering funding for crosslink, and crosslink funding was recently announced, it looks like the gov accepted the invitation to dance with the proverbial devil.

  15. Could Foundation X be a Sovereign group who have decided to club together and allow access to their birth right to help the country out?

  16. I say( rather bluntly) FUCK ‘EM! I didn’t read the pdf but I did see the interview with lord whats his face. Foundation X are only interested in preserving their own “privileged positions”. They know that the ship is sinking fast and will do anything to keep it afloat. It’s inevitable that this ship will sink and sink soon it will. Throwing money at this “inevitability” is endorsing the idea that people are starving because of the lack of money, that there are no jobs because of a lack of money, that the nhs offers poor service because of the lack of money, that the common man and his family has to live in hardship for the next XX years because of the lack of money etc. These problems and others exist because money exists, or rather our present formula for the creation of it. So … take an axe to the ship and put it out of its misery on the 7th December:

  17. I’m curious as to whether all that was said, has been reported in Hansard – it seems to me as though a good 5 minutes worth has been left out.

    For example, Lord De Mauly makes his comment, “The Noble Lord is into his fifteenth minute…..”, the time should have been 10.57pm.

    Lord James of Blackheath then wraps up his point, which must have taken a good 2 minutes, before Lord Shipley brings the subject back round to the spending review, timed at 10.54pm

    And looking at the punctuation used throughout Hansard it seems as though Lord James of Blackheath has been censored from “But if you tap into the the Vatican accounts – of the Vatican bank – you come up with a claim of total bullion – “

  18. I reported the comments of Lord James of Blackheath to my policeman brother-in-law, I even sent him a link to Hansards proving it was all genuine.
    So far, not a word in reply concerning Lord James ‘work’ on behalf of his international terrorist clients…

    No surprise there then from the boys in blue!

  19. It is very obviously a Nigerian scam on a very daring scale and has attracted the attention of the Lord Jamesm who probably feels excited and flattered.
    There is something similar but a lot smaller along the lines of “employing” gullible people as remote Human Resource workers to transfer “wages” to other remote “IT” workers. It all sounds so real and the conmen have every question and worry you can think of covered. It sounds so feasible because evermore companies use remote processing for various tasks to save money.
    If it was serious the people of “foundation X” would have contacted the people they need to speak with directly.

  20. Before we all get really excited or incensed is it not pertinent to query the voracity of this alleged document? It strikes me that the multitude of grammatical and spelling errors would suggest that the document is fraudulent. Either that or the civil service have dispensed entirely with proof reading before publishing.

  21. One of the reasons why the world is in the financial hurt that its in is because of organisations like this that hoard it all and then they “offer” to lend it to us? sounds totally ludicrous. Anyone who deals with an organisation so filthy rich whilst children starve to death are as greedy as the oligarchs who hold it all. Words fail me when I hear statements like “we own more of the worlds gold than there has every been “officially” mined, as children are starving to death in africa and asia and the only reason they want to “loan” it is so that the value of their wealth doesnt deteriorate and that is the perfect reason not to deal with them.

  22. Hi John, i met you at High Wycombe with a mutual friend from Worthing (Owen) before the start of your tallk. We didnt have time to chat but im sure the time will come.
    I have information from a reputable London source who is a customer and friend to my family business (taxi service).
    It would seem things are not as they are as per usual. The Wool over the eyes of the general public is thicker than Lead as far as the general public go.
    Will catch up at some point.

  23. Now this is a long-shot admittedly, but was my first reaction so I’ll put it out there and see what anyone else thinks. Could this be a group of sacred creditors that have got a good grasp on commerce/banking and looking too do good things for our country? Someone did the same sort of thing in the US around the billion mark?? Not sure would love to find out though.

  24. Very mysterious indeed! This has been doing the rounds on facebook. Possibly a ‘gift’ from the Knights of St John? -‘the foundation will be prepared to put up money for funding hospitals, schools’ – In true Knights Hospitaller style, and they are after all, a Sovereign Order? Will be interested to know what other tpuc members think of it all? Best Wishes Ed

  25. All I can think of is questions John. Questions like: 1. Who exactly are the top SIX people in the world? With International security clearance? How can it be a top six when there are more than 6 nations in the world? Who recognises these people as the top six therefore? And who doesn’t? 2. How on earth can a Private organisation have more money (ignoring the Privately held IMF and central banks which print it out of thin air anyhow) than the entirety of global governments AND, it would seem, the World Bank and IMF plus Bank of International Settlements? These banks are owned by who we believe to have the greatest stash of cash in the world anyhow and who control the entire fiasco! 3. To have built up such a wealth that these people can “donate” to the world, they could only possibly have done it over decades if not centuries and by ill-gotten means – i.e derivatives and the like (which are now illegal and always should be – like locking the barn door after the horse is bolted. 4. If these people have “pukka” money then it has been derived from the existing system. Since that is the case, there is NO WAY they are offering it with no strings attached. The government could issue money itself anyhow with no strings attached so they are highly unlikely to want to speak to people who WOULD offer “no strings” (Lord James says “no interest” but he’s talking fiat currency interest obviously – there WILL be strings. If there were not, there would be, in my mind, no need for this company/foundation “x” to have to discuss with head of state level. So, Lord James, while perhaps sounding like a very honest man with some integrity, is very naive? 5. This whole thing made me think straight away about what Christopher Story spoke about at the BCG conference earlier this year and the last report he made with the letter to George Osbourne. It all just seems to connect. 6. Lastly, the major “smell” I have is how this all may tie in with something called the “Global Security Fund”, mentioned by Ashley Mote in the EU Parliament before he stepped down. The “circle” who seem to understand this is comprised of people like Christopher Story (now deceased), Ashley Mote (ex MEP who was set up) and others who may be aware of the “Wanta Plan”. This “Wanta Plan” is comprised of $TRILLIONS which the Federal Reserve and whoever is in control of it, will not allow to be used the way it was intended. This blog just may explain it a little better –… So, for what it’s worth, Cheers John.

  26. Possible source of funds…debt owed to creditor investors in the $64 trillion Carbon Disclosure Project in the custody of the Financial Services Administration’s D2 Banking service at Canary Wharf. Doctrine of Odious debt – British Columbia’s Premier forced to retire – Canada wants their $80 billion back – western climate initiative collapses

  27. Hey John. There are a number of issues here. One being the implication there is still a gold standard, at least for some? Yes, it does seem like there’s still hope in the recovery of the economy when organisations like ‘Foundation X’ are prepared to put real money, backed by gold, into the country. But unfortunately this will never happen, for the very same reason ‘they’ never gave the lottery to Richard Branson to run. The country is being brought to its knees, the last thing the powers that be want is someone to come along & repair the damage they have caused. With that much money available why do they need to use the government, when they know the government are the ones who got the country into this mess with the bankers in the first place? It doesn’t make sense! I’m definately interested to hear your opinion on the matter! Best wishes, Darren

  28. Is the uk being held to ransom. There was no need to say he had been invovled in money laundering at the request of the Bank of England, ( possibly brought in as protection) there was no need to say that this ‘Foundation X’ had deposited 5 Billion into the UK, they gave transfer dates and the details of these transfers. And if the UK representative does not accept the ‘offer’ will ‘Fondation X’ withdraw the 5 billion pounds forcing the economy to collapse. Just a theory.

  29. Can someone clarify when this lord is saying about dealing with terrorist money and wiping off a billion pounds of IRA money.

    Is he saying he’s been involved in fraudulent activities?

    A little confused if this is the case then no one is mentioning it

  30. I think Queen is the most likely answer. Firstly, our financial troubles amount to far more than a few tens of Billions, so Foundation X is being rather naieve. On the other hand, we all know, our financial roblms could be solved almost instantly, by coining our own money instead of borrowing from the international loan sharks, who just conjure their paper money out of thin air. This incident fits very well with my idea of Her Majesty, being surrounded by 'advisors' who keep her in the Dark as to what is really going on, but who has enough sense to know the country is in trouble, and  naievly thinks an interest free loan of £60  Billion will sort us out. That's why the usual suspects like the BofE appear surprised when this offer comes through, if it were from normal channels, theyd have known about it. Sounds like The Royals, and re inforces the idea that they are concerned about the country but really being kept in the dark.  

  31. A jape, the use of syntax and eloquentless meandering gives it away as such. No one has used this form of dialect since Lloyd George's time, and certainly not during my time amidst the ermine.

  32. what one is dealing with here are crimminals with honnory titles to have the ignorant belive there actions are justifiable. The fact is no man/woman should impose there delusion on some poor liveing beaing and force them to pay top cash for it.

    I have had Birmingham City Council Children Services admit neglect my children, findings made againts the city council, no findings made againts myself and still the same judge who makes the findings gives care of my children to them. Is there anyone who could explane how that by a honory judge is not criminal?

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  34. The truth behind the offer of the 5 billion is simply this; that they, whoever they are, have got the gold (and silver), which is the (real) money, and they suspect that people may cotton on to this, and by offering massive amounts of legal tender (not money) and interest free, they will defelct attention away from what they cherish most.

    Remember the good old days when money was silver and gold coinage. We would have, at least, kept pace with inflation, which is caused by usury (name changed to interet to sanitise it).

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