I think it’s important, for the “naysayers” who visit this blog, that I prologue it with a point re the “Crown of England”. The following is a statement made by Tony Benn in the Houses of Parliament not too many years ago (and it matters not when such was said anyhow). This is very very simple: The British people have no idea who this “Crown” is. It acts outside of any parliamentary scrutiny whatsoever. As such, it acts outwith the law yet decides what this thing called “Law” is!
The Crown prosecutes. Our Armed Forces fight and kill and destroy nations on its say so. Our Police and Forces take an oath to this “thing” called “the Crown”. They believe it to be “Her Majesty” the monarch without understanding at all that the monarchy is NOT a person or the Queen and her family. The Monarchy is a Constitutional Office. When it comes to the profit of the British Queen and her family from the “Crown Estate”, it is, in actual fact, deceptive criminal theft by the “reigning monarch” (like a reigning CEO of a corporation stealing the wealth of the company yet, the person in the office of CEO does not have the legal or lawful entitlement to take the wealth of the company because it is the Corporation in total as a legal person which owns the wealth and NOT the CEO). This is PRECISELY the same when we look at this “Constitutional Monarch” in office profiting no longer from a Civil List but from various sources of the country’s wealth.
Our Armed Forces, Police and judiciary are immensely ignorant but do what they are told otherwise they will not eat. They do as the “Crown” bids simply because, if they question it, then their wealth and the wealth of their family disappears. The Policeman with integrity would be sacked and the soldier fighting for his dearest “Crown” would find himself at the mercy of “friendly fire”.
So, what were those words of Tony Benn which crystallises the seriousness of this issue?
Here they are:
“I turn to the matter of lifelong confidentiality to the Crown, which presumably should have bound Peter Wright. Who is the Crown? Did the Queen tell Peter Wright to try to destroy the Prime Minister? Obviously not. Did the Prime Minister tell Peter Wright to destroy himself? Obviously not. Did the Home Secretary tell Peter Wright to try to destroy the Government? Obviously not.The Crown is the code name we use for those central areas of Government in defence, intelligence and international relations—a state within the state—that the Government, and, I regret to say, previous Governments, did not wish to be subject to parliamentary scrutiny or discussion. The Crown is a term used to cover a concrete emplacement surrounded by barbed wire that the Home Secretary thinks needs fresh protection. It is not that he intends it to be subject to public scrutiny.”
Anyone thinking very logically and simply would simply ask one question:
WHY HAVE JEWS BEEN BANISHED FROM SOME MANY DIFFERENT COUNTRIES AND CULTURES OVER CENTURIES? BY PEOPLES WHO HAVE NEVER HAD THE OPPORTUNITY TO CONSPIRE AGAINST THEM BECAUSE OF VAST DISTANCES BETWEEN THE COUNTRIES WHO HAVE BANISHED THEM. YET ALL OF THESE PEOPLES HAVE, AT DIFFERENT TIMES THROUGHOUT HISTORY, FELT IT NECESSARY TO DO JUST THAT. FOR NO REASON? ALL OF THESE CULTURES HAVE JUST HAD SOME RACIAL HATRED OF JEWS? THERE’S NO LOGIC IN IT. THE ONLY COMMON DENOMINATOR WHICH PERMEATES THROUGHOUT THESE BANISHMENTS IS THAT OF MONEY AND USURY.
Henk Ruyssenaars’ article on July 10th 2006 drew attention to the book “Descent into Slavery” by Des Griffin in which the real meaning of the term “City of London” is explained. The following is an excerpt from that article.
“To the majority of people the words “Crown” and “City” in reference to London refer to the queen or the capital of England.
This is not the truth. The “City” is in fact a privately owned Corporation – or Sovereign State – occupying an irregular rectangle of 677 acres and located right in the heart of the 610 square mile ‘Greater London’ area. The population of ‘The City’ is listed at just over four thousand, whereas the population of ‘Greater London’ (32 boroughs) is approximately seven and a half million.
“The Crown” is a committee of twelve to fourteen men who rule the independent sovereign state known as London or ‘The City.’ ‘The City’ is not part of England. It is not subject to the Sovereign. It is not under the rule of the British parliament. Like the Vatican in Rome, it is a separate, independent state.
“The City”, which is often called “the wealthiest square mile on earth,” is ruled over by a Lord Mayor. Here are grouped together Britain’s great financial and commercial institutions: Wealthy banks, dominated by the privately-owned (Rothschild controlled) Bank of England, Lloyd’s of London, the London Stock Exchange, and the offices of most of the leading international trading concerns. Here, also, is located Fleet Street, the heart and core of the newspaper and publishing worlds.
The Lord Mayor, who is elected for a one year stint, is the monarch in the City. As Aubrey Menen says in “London”, Time-Life, 1976, p. 16:
“The relation of this monarch of the City to the monarch of the realm [Queen] is curious and tells much.”
It certainly is and certainly does!
When the Queen of England goes to visit the City she is met by the Lord Mayor at Temple Bar, the symbolic gate of the City. She bows and asks for permission to enter his private, sovereign State. During such State visits
“the Lord Mayor in his robes and chain, and his entourage in medieval costume, outshines the royal party, which can dress up no further than service uniforms.”
The Lord Mayor leads the queen into his city.
The symbolism is clear. The Lord Mayor is the monarch. The Queen is his subject.
The small clique who rule the City dictate to the British Parliament. It tells them what to do, and when. In theory Britain is ruled by a Prime Minister and a Cabinet of close advisers. These ‘fronts’ go to great lengths to create the impression that they are running the show but, in reality, they are mere puppets whose strings are pulled by the shadowy characters who dominate behind the scenes. As the former British Prime Minister of England during the late 1800s Benjamin D’Israeli wrote:
“So you see… the world is governed by very different personages from what is imagined by those who are not behind the scenes”
(Coningsby, The Century Co., N.Y., 1907, p. 233).
This fact is further demonstrated by another passage from Menen’s book:
“The Prime Minister, a busy politician, is not expected to understand the mysteries of high finance, while the Chancellor of the Exchequer is only expected to understand them when he introduces the budget. Both are advised by the permanenet officials of the Treasury, and these listen to the City. If they suspect that some policy of the government will back-fire, it is of no use their calling up British ambassadors to ask if it is so; they can find out more quickly from the City. As one ambassador said: “Diplomats are nowadays no more than office boys, and slow ones at that. The City will know. They will tell the Treasury and the Treasury will tell the Prime Minister.”
Woe betide him if he does not listen. The most striking instance of this happened in recent history. In 1956 the then Prime Minister, Sir Anthony Eden… launched a war to regain the Suez Canal. It had scarcely begun when the City let it be known that in a few days he would have no more money to fight it; the Pound would collapse. He stopped the war and was turned out of office by his party. When the Prime Minister rises to address the Lord Mayor’s banquet, he hopes that the City will put more behind him than the gold plate lavishly displayed on the sideboards.”
The British government is the bond slave of the “invisible and inaudible” force centred in the City. The City calls the tune. The “visible and audible leaders” are mere puppets who dance to that tune on command. They have no power. They have no authority. In spite of the outward show they are mere pawns in the game being played by the financial elite.
It is important to recognise the fact that two separate empires were operating under the guise of the British Empire. One was the Crown Empire and the other the British Empire.
The colonial possessions that were white were under the sovereign – i.e. under the authority of the British government. Such nations as the Union of South Africa, Australia, New Zealand and Canada were governed under British law. These only represented thirteen percent of the people who made up the inhabitants of the Britsh Empire.
All the other parts of the British Empire – nations like India, Egypt, Bermuda, Malta, Cyprus and colonies in Central Africa, Singapore, Hong Kong and Gibraltar were all Crown Colonies. These were not under British rule. The British parliament had no authority over them.
As the Crown owned the committee known as the British government there was no problem getting the British taxpayer to pay for naval and military forces to maintain the Crown’s supremacy in these areas.
The City reaped fantastic profits from its operations conducted under the protection of the British armed forces. This wasn’t British commerce and British wealth. The international bankers, prosperous merchants and those members of the aristocracy who were part of the “City” machine accumulated vast fortunes .
About seventy years ago Vincent Cartwright Vickers stated that :
….”financiers in reality took upon themselves, perhaps not the responsibility, but certainly the power of controlling the markets of the world and therefore the numerous relationships between one nation and another, involving international friendship and mistrusts… Loans to foreign countries are organised and arranged by the City of London with no thought whatsoever of the nation’s welfare but solely in order to increase indebtedness upon which the City thrives and grows rich…”
In “Empire of the City” E. C. Knuth said:
” This national amnd mainly international dictatorship of money which plays off one country against another and which, through ownership of a large portion of the press converts the advertisement of its own private opinion into a semblance of general public opinion, cannot for much longer be permitted to render Democratic Government a mere nickname. Today we see through a glass darkly: for there is so much which it would not be in the public interest to divulge.”…
The battle for power and riches is an ancient one, but any attempt to make sense of the present world situation where the bulk of humanity is being herded like sheep into a corral without some knowledge of history is a difficult if not impossible task.
At present names have been replaced by groups, capitalists, republicans, democrats, terrorists, corporations, NATO, UNO, NAFTA, EMI, ECB, ASEAN. Names that are spewed out like confetti in an endless list of anonymity.
In spite of modern technology the figures in the background remain blurred. Mention the word “Jew” or “Conspiracy” and everyone with few exceptions will turn away. Why? Fear? Of what? What is the magic talisman which makes the mention of these co-religionists a no-go area? Is it because they have infiltrated every aspect of human activity? Is it they who are pulling the strings which are leading the world on its downward slope?
The Jew has been mistrusted since way back. But what is apparent now is that any attempt to offer an answer to the question is clamped down upon. What does that indicate? Above all it indicates that these shadowy figures fear more than anything else the truth.
Professor Jesse H. Holmes, writing in, “The American Hebrew,” expressed the following similar sentiments:
“It can hardly be an accident that antagonism directed against the Jews is to be found pretty much everywhere in the world where Jews and non-Jews are associated. And as the Jews are the common element of the situation it would seem probable, on the face of it, that the cause will be found in them rather than in the widely varying groups which feel this antagonism.
In Europe and Russia alone, the Jews have been banished 47 times in the last 1,000 years: Mainz, 1012; France, 1182; Upper Bavaria, 1276; England, 1290; France, 1306; France, 1322; Saxony, 1349; Hungary, 1360; Belgium, 1370; Slovakia, 1380; France, 1394; Austria, 1420; Lyons, 1420; Cologne, 1424; Mainz, 1438; Augsburg, 1438; Upper Bavaria, 1442; Netherlands, 1444; Brandenburg, 1446; Mainz, 1462; Lithuania, 1495; Portugal, 1496; Naples, 1496; Navarre, 1498; Nuremberg, 1498; Brandenburg, 1510; Prussia, 1510; Genoa, 1515; Naples, 1533; Italy, 1540; Naples, 1541; Prague, 1541; Genoa, 1550; Bavaria, 1551; Prague, 1557; Papal States, 1569; Hungary, 1582; Hamburg, 1649; Vienna, 1669; Slovakia, 1744; Mainz, 1483; Warsaw, 1483; Spain, 1492; Italy, 1492; Moravia, 1744; Bohemia, 1744; Moscow, 1891.
(The above is excerpted from The Synagogue of Satan by Andrew Carrington Hitchcock.)
Of what were these people guilty to arouse such a reaction from so many diverse people?
Well, in England, it’s very interesting:
IT ALL STARTED with The Edict of Expulsion of 1290 AD.
The Jews would have us believe that their expulsion from England by Edward I (reigned 1272-1307) was due to their money lending endeavors. The real reason was due to the Jews’ crime of blood ritual murders.
The Orthodox Christian historian of the 5th Century, Socrates Scholasticus, in his Ecclesiastical History, 7:16, recounts an incident about Jews killing a Christian child:
— “At a place near Antioch in Syria, the Jews, in derision of the Cross and those who put their trust in the Crucified One, seized a Christian boy, and having bound him to a cross they made, began to sneer at him. In a little while becoming so transported with fury, they scourged the child until he died under their hands.” —
Here are a few examples which led to the English expulsion of the Jews in 1290 AD:
1144 A.D. Norwich: A twelve year-old boy was crucified and his side pierced at the Jewish Passover. His body was found in a sack hidden in a tree. A converted Jew to Christianity named Theobald of Cambridge informed the authorities that the Jews took blood every year from a Christian child because they thought that only by so doing could they ever return to Palestine. The boy has ever since been known as St. William.
1160 A.D. Gloucester: The body of a child named Harold was found in the river with the wounds of crucifixion.
1255 A.D. Lincoln: A boy named Hugh was tortured and crucified by the Jews. The boy’s mother found the body in a well on the premises of a Jew named Jopin. 18 Jews were hanged for the crime by King Henry III.
1290 A.D. Oxford: The Patent Roll 18 Of Edward I, 21st June 1290 contains an order for the Gaol delivery of a Jew named Isaac de Pulet for the murder and blood letting of a Christian boy. Only one month after this, King Edward I issued his decree expelling the Jews from England.
(See Sources #1 Below )
[As an addendum to the above, I feel it is necessary to clarify that, before the expulsion in 1290, there was the Statute of the Jewry in 1275, entirely based upon the moneylending and usury issue: jews1275.html
Now please understand that this is just pure factual history and the pieces fall where they fall.
It seems very obvious to me that, while the Islamic religion has not forgotten one of its fundamental cornerstones: NO USURY, the Christian world simply has. For NO USURY is a cornerstone of the christian religion too. I wonder, then, why Christians call themselves christians? They don’t follow Jesus’ teachings and haven’t done so in the west since the following took place – the readmission of jewish usury into England by Oliver Cromwell during the 1640 – 1660 period and then the establishment of the Bank of England where one can see, William of Orange and his Queen, Mary became original investors – it is on Bank of England documents]
JEWISH BANKERS FROM AMSTERDAM led by the Jewish financier and army contractor of Cromwell’s New Model Army, Fernandez Carvajal and assisted by Portuguese Ambassador De Souza, a Marano (secret Jew), saw an opportunity to exploit in the civil unrest led by Oliver Cromwell in 1643.
A stable Christian society of ancient traditions binding the Monarchy, Church, State, nobles and people into one solemn bond was disrupted by Calvin’s Protestant uprising. The Jews of Amsterdam exploited this civil unrest and made their move. They contacted Oliver Cromwell in a series of letters:
Cromwell To Ebenezer Pratt of the Mulheim Synagogue in Amsterdam,
16th June 1647:
— “In return for financial support will advocate admission of Jews to England: This however impossible while Charles living. Charles cannot be executed without trial, adequate grounds for which do not at present exist. Therefore advise that Charles be assassinated, but will have nothing to do with arrangements for procuring an assassin, though willing to help in his escape.” —
To Oliver Cromwell From Ebenezer Pratt, 12th July 1647:
— “Will grant financial aid as soon as Charles removed and Jews admitted. Assassination too dangerous. Charles shall be given opportunity to escape: His recapture will make trial and execution possible. The support will be liberal, but useless to discuss terms until trial commences.” —
Cromwell had carried out the orders of the Jewish financiers and beheaded, (yes, Cromwell and his Jewish sponsors must face Christ!), King Charles I on January 30 1649.
Beginning in 1655, Cromwell, through his alliance with the Jewish bankers of Amsterdam and specifically with Manasseh Ben Israel and his brother-in-law, David Abravanel Dormido, initiated the resettlement of the Jews in England.
(See Sources #2 Below )
JEWS GET THEIR CENTRAL BANK OF ENGLAND
WILLIAM STADHOLDER, a Dutch army careerist, was a handsome chap with money problems. The Jews saw another opportunity and through their influence arranged for William’s elevation to Captain General of the Dutch Forces. The next step up the ladder for William was his elevation by the Jews to the aristocratic title of William, Prince of Orange.
The Jews then arranged a meeting between William and Mary, the eldest daughter of the Duke of York. The Duke was only one place removed from becoming King of England. In 1677 Princess Mary of England married William Prince of Orange.
To place William upon the throne of England it was necessary to get rid of both Charles II and the Duke of York who was slated to become James II of the Stuarts. It is important to note that none of the Stuarts would grant charter for an English national bank. That is why murder, civil war, and religious conflicts plagued their reigns by the Jewish bankers.
In 1685, King Charles II died and the Duke of York became King James II of England. In 1688 the Jews ordered William Prince of Orange to land in England at Torbay. Because of an ongoing Campaign of L’Infamie against King James II contrived by the Jews, he abdicated and fled to France. William of Orange and Mary were proclaimed King and Queen of England.
The new King William III soon got England involved in costly wars against Catholic France which put England deep into debt. Here was the Jewish bankers’ chance to collect. So King William, under orders from the Elders of Zion in Amsterdam, persuaded the British Treasury to borrow 1.25 million pounds sterling from the Jewish bankers who had helped him to the throne.
Since the state’s debts had risen dramatically, the government had no choice but to accept. But there were conditions attached: The names of the lenders were to be kept secret and that they be granted a Charter to establish a Central Bank of England. Parliament accepted and the Jewish bankers sunk their tentacles into Great Britain.
ENTER THE ROTHSCHILDS
MAYER AMSCHEL BAUER OPENED a money lending business on Judenstrasse (Jew Street) in Frankfurt Germany in 1750 and changed his name to Rothschild. Mayer Rothschild had five sons.
The smartest of his sons, Nathan, was sent to London to establish a bank in 1806. Much of the initial funding for the new bank was tapped from the British East India Company which Mayer Rothschild had significant control of. Mayer Rothschild placed his other four sons in Frankfort, Paris, Naples, and Vienna.
In 1814, Nathanael Rothschild saw an opportunity in the Battle of Waterloo. Early in the battle, Napoleon appeared to be winning and the first military report to London communicated that fact. But the tide turned in favor of Wellington.
A courier of Nathan Rothschild brought the news to him in London on June 20. This was 24 hours before Wellington’s courier arrived in London with the news of Wellington’s victory. Seeing this fortuitous event, Nathan Rothschild began spreading the rumor that Britain was defeated.
With everyone believing that Wellington was defeated, Nathan Rothschild began to sell all of his stock on the English Stock Market. Everyone panicked and also began selling causing stocks to plummet to practically nothing. At the last minute, Nathan Rothschild began buying up the stocks at rock-bottom prices.
This gave the Rothschild family complete control of the British economy – now the financial centre of the world and forced England to set up a revamped Bank of England with Nathan Rothschild in control.
(See Sources #4 Below )
ALL ABOUT THE JEWISH VATICAN
(As much as that is possible given Rothschild secrecy)
A PRIVATE FINANCIAL CORPORATION exists today in England known as “The City.” It is also known as The Jewish Vatican located in the heart of Greater London.
A Committee of 12 men rule The Jewish Vatican. They are known as “The Crown.” The City and its rulers, The Crown, are not subject to the Parliament. They are a Sovereign State within a State.
The City is the financial hub of the world. It is here that the Rothschilds have their base of operations and their centrality of control:
* The Central Bank of England (controlled by the Rothschilds) is located in The City.
* All major British banks have their main offices in The City.
* 385 foreign banks are located in The City.
* 70 banks from the United States are located in The City.
* The London Stock Exchange is located in The City.
* Lloyd’s of London is located in The City.
* The Baltic Exchange (shipping contracts) is located in The City.
* Fleet Street (newspapers & publishing) is located in The City.
* The London Metal Exchange is located in The City.
* The London Commodity Exchange (trading rubber, wool, sugar, coffee) is located in The City.
Every year a Lord Mayor is elected as monarch of The City. The British Parliament does not make a move without consulting the Lord Mayor of The City. For here in the heart of London are grouped together Britain’s financial institutions dominated by the Rothschild-controlled Central Bank of England.
The Rothschilds have traditionally chosen the Lord Mayor since 1820. Who is the present day Lord Mayor of The City? Only the Rothschilds’ know for sure…
(See Sources #5 Below )
Sources #1: Ariel Toaff, Bloody Passover-Jews of Europe and Ritual Homicide, 2007 Click Here; J. C. Cox, Norfolk Churches; Victoria County History of Norfolk, 1906; Arnold Leese, Jewish Ritual Murder In England; Henry III, Close Roll 16; Joseph Haydn, Dictionary of Dates.
Sources #2: Isaac Disraeli, Life of Charles I, 1851; Hugh Ross Williamson, Charles and Cromwell; AHM Ramsey, The Nameless War; Lord Alfred Douglas, Plain English, 1921; Geoffrey H. Smith, The Settlement Of Jews In England
Sources #3: John Harold Wood, History of Central Banking in Great Britain; Gustaaf Johannes Renier, William of Orange
Sources #4: Frederick Morton, The Rothschilds; Benjamin Disraeli, Coningsby
Sources #5: E.C. Knuth, The Empire of The City; Des Griffin, Descent Into Slavery
UPDATE 4 Nov 2011: George Monbiot in the Guardian Newspaper. Although he just doesn’t go quite far enough into the history and the connectivity. Mainstream media now supporting much of the above regarding the “above the law” nature of the City of London. I rest my case your honour!
The medieval, unaccountable Corporation of London is ripe for protest
Working beyond the authority of parliament, the Corporation of London undermines all attempts to curb the excesses of finance.
Illustration by Daniel Pudles
It’s the dark heart of Britain, the place where democracy goes to die, immensely powerful, equally unaccountable. But I doubt that one in 10 British people has any idea of what the Corporation of the City of London is and how it works. This could be about to change. Alongside the Church of England, the Corporation is seeking to evict the protesters camped outside St Paul’s cathedral. The protesters, in turn, have demanded that it submit to national oversight and control.
What is this thing? Ostensibly it’s the equivalent of a local council, responsible for a small area of London known as the Square Mile. But, as its website boasts, “among local authorities the City of London is unique”. You bet it is. There are 25 electoral wards in the Square Mile. In four of them, the 9,000 people who live within its boundaries are permitted to vote. In the remaining 21, the votes are controlled by corporations, mostly banks and other financial companies. The bigger the business, the bigger the vote: a company with 10 workers gets two votes, the biggest employers, 79. It’s not the workers who decide how the votes are cast, but the bosses, who “appoint” the voters. Plutocracy, pure and simple.
There are four layers of elected representatives in the Corporation: common councilmen, aldermen, sheriffs and the Lord Mayor. To qualify for any of these offices, you must be a freeman of the City of London. To become a freeman you must be approved by the aldermen. You’re most likely to qualify if you belong to one of the City livery companies: medieval guilds such as the worshipful company of costermongers, cutpurses and safecrackers. To become a sheriff, you must be elected from among the aldermen by the Livery. How do you join a livery company? Don’t even ask.
To become Lord Mayor you must first have served as an alderman and sheriff, and you “must command the support of, and have the endorsement of, the Court of Aldermen and the Livery”. You should also be stinking rich, as the Lord Mayor is expected to make a “contribution from his/her private resources towards the costs of the mayoral year.” This is, in other words, an official old boys’ network. Think of all that Tory huffing and puffing about democratic failings within the trade unions. Then think of their resounding silence about democracy within the City of London.
The current Lord Mayor, Michael Bear, came to prominence within the City as chief executive of the Spitalfields development group, which oversaw a controversial business venture in which the Corporation had a major stake, even though the project lies outside the boundaries of its authority. This illustrates another of the Corporation’s unique features. It possesses a vast pool of cash, which it can spend as it wishes, without democratic oversight. As well as expanding its enormous property portfolio, it uses this money to lobby on behalf of the banks.
The Lord Mayor’s role, the Corporation’s website tells us, is to “open doors at the highest levels” for business, in the course of which he “expounds the values of liberalisation”. Liberalisation is what bankers call deregulation: the process that caused the financial crash. The Corporation boasts that it “handle[s] issues in Parliament of specific interest to the City”, such as banking reform and financial services regulation. It also conducts “extensive partnership work with think tanks … vigorously promoting the views and needs of financial services.” But this isn’t the half of it.
As Nicholas Shaxson explains in his fascinating book Treasure Islands, the Corporation exists outside many of the laws and democratic controls which govern the rest of the United Kingdom. The City of London is the only part of Britain over which parliament has no authority. In one respect at least the Corporation acts as the superior body: it imposes on the House of Commons a figure called the remembrancer: an official lobbyist who sits behind the Speaker’s chair and ensures that, whatever our elected representatives might think, the City’s rights and privileges are protected. The mayor of London’s mandate stops at the boundaries of the Square Mile. There are, as if in a novel by China Miéville, two cities, one of which must unsee the other.
Several governments have tried to democratise the City of London but all, threatened by its financial might, have failed. As Clement Attlee lamented, “over and over again we have seen that there is in this country another power than that which has its seat at Westminster.” The City has exploited this remarkable position to establish itself as a kind of offshore state, a secrecy jurisdiction which controls the network of tax havens housed in the UK’s crown dependencies and overseas territories. This autonomous state within our borders is in a position to launder the ill-gotten cash of oligarchs, kleptocrats, gangsters and drug barons. As the French investigating magistrate Eva Joly remarked, it “has never transmitted even the smallest piece of usable evidence to a foreign magistrate”. It deprives the United Kingdom and other nations of their rightful tax receipts.
It has also made the effective regulation of global finance almost impossible. Shaxson shows how the absence of proper regulation in London allowed American banks to evade the rules set by their own government. AIG’s wild trading might have taken place in the US, but the unit responsible was regulated in the City. Lehman Brothers couldn’t get legal approval for its off-balance sheet transactions in Wall Street, so it used a London law firm instead. No wonder priests are resigning over the plans to evict the campers. The Church of England is not just working with Mammon; it’s colluding with Babylon.
If you’ve ever dithered over the question of whether the UK needs a written constitution, dither no longer. Imagine the clauses required to preserve the status of the Corporation. “The City of London will remain outside the authority of parliament. Domestic and foreign banks will be permitted to vote as if they were human beings, and their votes will outnumber those cast by real people. Its elected officials will be chosen from people deemed acceptable by a group of medieval guilds …”.
The Corporation’s privileges could not withstand such public scrutiny. This, perhaps, is one of the reasons why a written constitution in the United Kingdom remains a distant dream. Its power also helps to explain why regulation of the banks is scarcely better than it was before the crash, why there are no effective curbs on executive pay and bonuses and why successive governments fail to act against the UK’s dependent tax havens.
But now at last we begin to see it. It happens that the Lord Mayor’s Show, in which the Corporation flaunts its ancient wealth and power, takes place on 12 November. If ever there were a pageant that cries out for peaceful protest and dissent, here it is. Expect fireworks – and not just those laid on by the Lord Mayor.