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March 28th, 2012 
FAKE NEWS for the Zionist agenda Appearing before the House of Lords Economic Affairs Committee on Tuesday, the Bank’s governor said it was “quite possible” that the UK’s economy could damage and shrink in the second quarter of 2012 because of the extra bank holidays beginning on June 4 for planned ceremonies of the 60th anniversary of Queen’s reign.
King also warned that at the time of great financial woes, the costly jubilee celebrations would have an impact on the economy similar to last year’s royal wedding, when the country’s financial recovery stalled.
“We do expect quite possibly a fall in output in the second quarter, followed by a rise in the third quarter, as we will lose an extra day’s work – it doesn’t necessarily follow that we will lose that whole day’s output – because of the national bank holiday,” he said.
Meanwhile, earlier this month, regarding the Queen’s jubilee as a “forced celebration,” the anti-monarchy campaign group Republic revealed that it costs British taxpayers more than £200 million each year to support the royal family, five times more than what has been released by the palace.
The Republic’s figures were based on the cost of royal visits to other countries and throughout Britain, the cost of providing security protection for the extended royal family, and the income produced by vast tracts of lands and business enterprises held by the royals.
SSM/PKH/HE
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