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The City Of London Has Turned Britain Into A "Civilized Mafia State"
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
While an earlier post related to the likely bursting of the London real estate bubble, this one highlights a blistering critique of the role the City of London has played in transforming Great Britain into what George Monbiot calls a “civilized mafia state.” But that’s just an appetizer. This extremely well written and information article is a must read for anyone still in the dark regarding London’s central role within the global financial crime syndicate.
Here are a few excerpts from the Guardian:
To an extent unknown since before the first world war, economic relations in this country are becoming set in stone. It is not just that the very rich no longer fall while the very poor no longer rise. It’s that the system itself is protected from risk. Through bailouts, quantitative easing and delays in interest-rate rises, speculative investment has been so well cushioned that – as the Guardian economics editor, Larry Elliott, puts it – financial markets are “one of the last bastions of socialism left on Earth”.
Public services, infrastructure, the very fabric of the nation: these too are being converted into risk-free investments. Social cleansing is transforming central London into an exclusive economic zone for property speculation. From a dozen directions, government policy converges on this objective.
Property in this country is a haven for the proceeds of international crime. The head of the National Crime Agency, Donald Toon, notes that “the London property market has been skewed by laundered money. Prices are being artificially driven up by overseas criminals who want to sequester their assets here in the UK.”
It’s hardly surprising, given the degree of oversight. Private Eye has produced a map of British land owned by companies registered in offshore tax havens. The holdings amount to 1.2m acres, including much of the country’s prime real estate. Among those it names as beneficiaries are a cast of Russian oligarchs, oil sheikhs, British aristocrats and newspaper proprietors. These are the people for whom government policy works – and the less regulated the system that enriches them, the happier they are.
The speculative property market is just one current in the great flow of cash that sluices through Britain while scarcely touching the sides. The financial sector exploits an astonishing political privilege: the City of London is the only jurisdiction in the UK not fully subject to the authority of parliament. In fact, the relationship seems to work the other way. Behind the Speaker’s chair in the House of Commons sits the Remembrancer, whose job is to ensure that the interests of the City of London are recognised by the elected members. (A campaign to rescind this privilege – Don’t Forget the Remembrancer – will be launched very soon.)
The City is a semi-offshore state, a bit like the UK’s crown dependencies and overseas territories, tax havens legitimised by the Privy Council. Britain’s financial secrecy undermines the tax base while providing a conduit into the legal economy for gangsters, kleptocrats and drug barons.
Even the more orthodox financial institutions deploy a succession of scandalous practices: pension mis-selling, endowment mortgage fraud, the payment protection insurance con, Libor rigging. A former minister in the last government, Lord Green, ran HSBC while it engaged in money laundering for drug gangs, systematic tax evasion and the provision of services to Saudi and Bangladeshi banks linked to the financing of terrorists. Sometimes the UK looks to me like an ever so civilised mafia state.
The government also insists that there is no link between political donations and seats in the House of Lords. But a study by researchersat Oxford University found that the probability of so many major donors arriving there by chance is 1.36 x 10-38: roughly “equivalent to entering the National Lottery and winning the jackpot 5 times in a row”. Why does the Lords remain unreformed? Because it permits plutocratic power to override democracy. Both rich and poor are kept in their place.
Governed either by or on behalf of the people who fleece us, we cannot be surprised to discover that all public services are being re-engineered for the benefit of private capital. Nor should we be surprised when governments help to negotiate, without public consent, treaties such as the Transatlantic Trade and Investment Partnership and the Comprehensive Economic and Trade Agreement, which undermine the sovereignty of both parliament and the law. Aesop’s observation, that “we hang the petty thieves and appoint the great ones to public office”, remains true in spirit, though hanging has been replaced by community payback.
Wherever you sniff in British public life, something stinks: I could fill this site with examples. But, while every pore oozes corruption, our task, we are told, is merely to trim the nails of the body politic.
To fail to confront this system is to collaborate with it.
Most people don’t want to face this, but it’s undeniably true.
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Yeah, but how does the Mafia of Silly Walks get around with crutches?
"Through bailouts, quantitative easing and delays in interest-rate rises, speculative investment has been so well cushioned that – as the Guardian economics editor, Larry Elliott, puts it – financial markets are 'one of the last bastions of socialism left on Earth'."
Absolutely f'ing brilliant.
Yep. Socialism for us. Feudalism for the people. Because.....we're too big to fail.
"They gotcha by the balls ! " - George Carlin
London is an independent city-state, with mafia owners going back 1000+ years. Website admits it's a corporation.
http://www.cityoflondon.gov.uk/Pages/default.aspx
Short vid explains.
https://www.youtube.com/watch?v=LrObZ_HZZUc
Why matters? The square mile is home to Bank of England (private corp), HQ of Freemasons & branch offices of all major banks on Earth. It is center of world finance, & has been for centuries. Privately-owned Bank of E was model later replicated with FED, ECB, WB, IMF & most others.
US revolutionary War was fought to fee US from having to use Bank of E's debt notes. Sound familiar? We're back there now. Same struggle against same institutions.
If you read about the history of London, you'll notice it has always been a very bizarre and screwed up place. They are now reaching their Nirvana of fucked uppedness.....
What they can no longer do with their Dutch East India Company and with the by-gone reach of the Empire they do in the M A Rothschild tradition with their global financial tenacles.
Well at least they are doing something right.
Civilized assassins needed.
assassination politics
http://www.forbes.com/sites/andygreenberg/2013/11/18/meet-the-assassinat...
Of course the author is right. And of course this has always been the case, it is not new. The problem we have in this country is that the people have the laughable notion that there is some magical time to "go back to" where the "constitution and it's rights" were the law. lol. The people are so lost. The constitution is not what people think. It is there to enslave you. It was never a source of freedom. Until they wake up and realize this fact, well... they will keep getting what they are getting. http://www.thetruthaboutthelaw.com/the-peoples-case-for-what-happened-at...
I'm not sure that author actually knows what he is talking about. "The City" has nothing do with domestic UK money laundering in real estate, because no one with money actually lives in "the City." They generally live in the West End or on country estates- that's the real estate that is being used to launder money. And the City is hardly the UK's only tax haven for corporations- Jersey, Guernsey and Isle of Man are all short puddle jumper flights from LCY, and if you want to use long haul flights out of Heathrow- the list of Crown dependencies and overseas territories serving as tax havens is almost endless... the Cayman Islands, British Virgin Islands and the Bermuda Triangle being the most familiar to Americans trying to lose fiat in boating accidents.
Unlike the Yanks, we Brits don't have a constitution written down from first principles. Our "constitution" is the body of laws of the country, but it goes back so far that any contemporary changes are minor, superficial, and irrelevant. Many of the formal institutional powers in the country are the unfortunate but necessary result of a compromise between landowning aristocrats of old and the bourgeoisie who wanted a slice of the cake. The workers are merely tolerated. The internal mafia are the oh-so-very-refined aristocracy, whose heads were never cut off unlike in France, together with the rather uncouth capitalists and self-made money men, who are also tolerated, since someone has to provide one with an income, ideally by devising ways to get the workers to pay 90%-100% of their income back to us as rent. The other mafia are the rich foreigners -- Russian oligarchs, and the "persecuted" rich of the world, who are allowed to reside in Britain on condition that: a) they bring in lots of lovely "investments"; and b) don't get involved, at least publicly, in any of that unnecessary "politics" that goes on overseas. In Britain we long ago abolished politics. The commoners come and go with their naive belief that they can actually change things, while the core institutions of the country are unchanging and eternal: Eton, Oxford, Cambridge, the Civil Service, MI5, MI6, the BBC, and, of course, the Monarchy. God Save the Queen! (Or should I call her the Godmother?)
The US is in the process of ending Prohibition. I wonder if there isn't some kind of war going on between the various "powers".
The scum of the world all located in one place. How convenient is that. Won't be long before they start going after one another. Then poof.
Civilized?
“What Do You Think of Western Civilization?” “I Think It Would Be a Good Idea”Gandhi
London is now the global money-laundering centre for the drug trade, says crime expert
The City of London is the money-laundering centre of the world’s drug trade, according to an internationally acclaimed crime expert.UK banks and financial services have ignored so-called “know your customer” rules designed to curb criminals’ abilities to launder the proceeds of crime, Roberto Saviano warned. Mr Saviano, author of the international bestseller Gomorrah, which exposed the workings of the Neapolitan crime organisation Camorra, said: “The British treat it as not their problem because there aren’t corpses on the street.”
http://www.independent.co.uk/news/uk/crime/london-is-now-the-global-mone...
London: A giant washing machine for the filthy cash of a corrupt elitehttp://www.ibtimes.co.uk/london-giant-washing-machine-filthy-cash-corrup...
London: The money laundering capital of the world.
Fear not though because Prime Minister Cameron has said he's going to stamp down on it especially the offshore companies that are buying up all the property. BWHAHAHAHAHA.
...& Obama's new Affirmative Action figurehead at the DOJ has agreed with her underlings that since it is now well past the Statute Of Limitations for prosecuting anything even vaguely related to the fraud-induced economic disaster which culminated in the interbank and equities markets implosions that it is time 'to get touch on White Collar Crime.'
It's a big club and we ain't in it......
R.I.P. George Carlin
Been that way since their founders escaped from the Pope & the King of France, 10/13/1307
https://lordmayorsshow.london/history/gog-and-magog
Let's dismantle Miami and sell it off in order to fund the criminal prosecution and incarceration of the CIA scum and drug runners who built that city thanks to decades of drug smuggling and money laundering.
Then we move on to D.C.
No, make NYC & Long Island a US "City-State", but with no US Congressional representation, or taxation, or US financial insurance guarantees or citizenship.
1 crash later, they'll clean-up mightily and be a little Dubai.
We do have $100 BILLION for that on the way ..
http://www.veteranstoday.com/2015/01/11/another-thwarted-attempt-to-hija...
https://app.box.com/s/hfgvcqg7gqh7i27at6sv53ywu87lwarp (see file with interview dated Dec. 3, 2014)
Well they still have a Royal Family...go figure......and remember any news or numbers that come out of London are probably wrong..faked...or just fixed....they cheat well there
Meanwhile in the news today, Revenue Canada uncovers something fishy regarging between kpmg's Great Britain connection and rich clients ......
http://www.cbc.ca/news/business/kpmg-offshore-sham-deceived-tax-authorit...
"So it just means that more of the tax burden is borne by the middle clsass."
What middle class?!!
The difference between Miami and London is Miami knows it's bent. London likes to hide/forget and think/preach it's honest.
This will be fixed by adding 800,000 economic refugees from Serria and Africa
London has always been thus ... from the age of Dickens, and the Colonial Empire Head Office - now masqueratinng as the "Common"wealth!
Indeed.
"London has always been thus ... from the age of Dickens, and the Colonial Empire Head Office - now masqueratinng as the "Common"wealth!"
Set the controls of your 'wayback machine' much much further to the past. Already in Londonium, a Roman port city, the 'City of London' (the square mile) was being organized.
Not that don't love C. Dickens - of course I do.
"The City" = croupier and enforcer of the global casino.
1. Look for things to "break apart", i.e. Ottoman Empire, Hapsburg Empire, Russian Empire, Spanish Empire, USSR, et al
2. Look for things to "put together", i.e. USA, Chile (sans Bolivia on the Pacific), South Africa, Rhodesia, Oz, NZ, Hong Kong, Singapore, et al
They've been working this biz-model since the North Sea Knights Templars escaped the big deception in 1307
One nuke from Russia would change the London property values quickly. Very quickly.
Except, Russia is getting tired of all the BS. When the patience expends, bombs will drop and give you your just reward.
If you re-word the populist/statist phrase "undermines the tax base" to "undermines the theft base", it would make the article slightly readable. Otherwise, not so much.
How many governments in history have behaved appreciably different?
Hey comon then, that's not fair. Don't forget Los Angeles New York and The Hamptons
Just my own personal observation here, but what do these three things have in common, why and who created them in the first place?
Most bad shit that happens to average people seem to emanate from:
1. Vatican City
2. City of London
3. Washington D.C.
No surprise to me, I left to go to central Europe, where you are treated as a person.
the Cayman mentality comes to Croydon, Cameron's wet dream of the place to FRACK.
No wonder the backlash in Brixton is to print its own money.
When the BLOCKCHAIN algo will outshoot the HFT algo and make banking a dinosaur's game !
What artificial intelligence will first do is to grow the balls of the Oligarchs until the only place with toxic fiat juice will be the EL TORO 0.1 % breed; gone sterile from steroid pumping; and the only new productive seed will be the Blockchain strain ready to feed the new millenium when Wahhabist oil goes tits up and petrodollar goes bankrupt.
It will remove the TBTF game from the face of the earth. It may also remove the burqa from the face of moslem women.
God does work in strange ways.
As Man is made in his image and woman is "just" Adam's rib, the only existential metaphysical question that will then be on the agenda will be : Is God circumcised or is he uncut behind his pearly gates ?
That will decide who is his true beloved amongst all those unwashed immigrants we call refugees from DAR El HARB ! That queen's vagina is doing the same dirty work in Versailles as art work variation on the theme of origins of Man !
Haha! Imagine asking God to pull his pants down to prove the point of whether the mysterious "oddjobian" bowler hat is a godly invention; sign of true lordly knob's heavenly distinction !
If you don't need a bowler on your head you are not a true son of God!
Yikes! No wonder the Bishop of Kiss-Hungary says the Pope has lost his head!
It's not called it pUKe for nothing.
Before the banking mafia looted Britain's industrial base and shipped it offshore industry was the dominant power and although the City was part crooked it was also kept part functional as a utility for industry.
Over the last 30 years or so since they offshored all the industry the financial power has become completely dominant and completely criminal. To a certain extent the London branches of the Wall St banks are where they do their dirtiest deeds because it's easier to get away with in London.
The lesson - a financial sector without a commensurate sized industrial base will rapidly evolve into organised crime.
For several Centuries Brit banks have been running the dope racket.
You might recall "Opium Wars" or if you want to be modern - NATO in Afghanistan.
Next, we will have the courage to write about Dachau?
http://www.veteranstoday.com/2015/05/04/neo-so-much-more-than-nukes/
Since 1840 - at least
http://www.zerohedge.com/news/2015-09-07/bed-despotic-house-saud#comment...
The Brits have been at it for a long time: http://www.zerohedge.com/news/2015-09-07/bed-despotic-house-saud#comment...
The advance of science and technology is the only thing that has made people's lives better.
In 2000 the Israeli and Palestinian economies were integrating. It looked hopeful for an end to that conflict. Then Arafat sent in the suicide bombers to end that.
Hamas continues with the Arafat line. Abbas seems to be tending slightly towards integration. Thus the Palestinian cold civil war. Hamas is funded by Iran. The Saudis have promised billions for the rebuilding of Gaza. Nothing delivered. And Egypt is working with the Israelis to keep Gaza quarantined.
The Gazan people are growing tired of Hamas. But Hamas' grip is tight enough - so far.
And the Saudis are squeezing Iran as well as Russia. War is in the offing. Right now we are seeing preliminary skirmishes.