Cuts are treason
james36armstrong at hotmail.com
Sat Apr 16 18:04:10 BST 2011
EC1 ALIENS IN OUR MIDST JCA:
SUMMARY : Proposed cuts are treason.
Artificial persons, as ‘incorporated
companies’ , by their centenarian age, size and behaviour , and overtly through
lobbying, and advertising, now dominate society
yet are not subject to the restraints of
ethics and responsibility nor to the available means of control which
warrant the trust of people.
New measures of control are necessary to avoid future excesses .
Among these are setting the whole
cost of the present financial crisis to
It is not logical nor
appropriate to allocate the costs of companies’ errors and crimes to the cost for the people sector to carry, or for the government
– the public sector, which is the same.
There are market indications that the scale of the crisis
has not yet been appreciated nor reached.
This is perhaps the last opportunity to confront the predatory actions of the corporations on
the welfare of people.
We should welcome the opportunity to correct the over privileged political position of
corporations and their disguised ambitions to
sovereignty ,to reduce their
status to its proper position as one always subordinate to the welfare of individuals and to people in general, and to
ensure that their future actions meet universal ethical standards.
There is absolutely no need for cuts to public services, the
reverse is true, by doing so we would absolve the corporations from the consequences of their predatory policy , weaken the people
sector, and further the corporate sector’s bid for sovereignty.
It is treason for the
government to aid corporations and to cut public services .
UK Total Gross
Domestic Product (to Q1 2008) £1,400 billion
Asset value of top 40
British Registered Corporations £5.400
……. Forbes 2006
HMG Spending Budget
Review October 2010
CAP cheques to private
landowners 2009 (uncut) £3 billion
HMG bail out to banks
Oct 2008 £37
budget cuts 20 Oct 2010
SOME QUESTIONS and
Which sector caused the
- Banks? ANSWER Banks .
Which sector is asked to fund the
Which sector will
escape the consequences of their reckless speculation
Banks and the corporate sector
To avoid banks and
finance houses causing another
crash in future, which sector should
bear the consequences of their actions?
ANSWER Corporate sector
Which sector is most able to pay ANSWER Corporate sector
Which sector is least able to pay?
Which sector is most vulnerable ? ANSW
Those presently targeted to suffer cuts to public services. i.e., the most vulnerable groups among the people.
Which sector is targeted to benefit from the speculation
? ANW the CEO’s i/c banks who receive
salaries of £millions and bonuses of £millions.
The corporate sector
as a whole should carry the whole cost
incurred by HMG on their behalf. .
sector is best able to carry the cost
without affecting their well being
The c s is most
The c s exists at the
tolerance of the people. The people now wills
the least vulnerable, most able, most culpable c s to fill the deficit.
The CS is the creation of the people, not vice versa..
THE EFFECTS OF CHARGING
THE DEBT TO CORPORATIONS
Lift the whole burden off the most vulnerable group
Reward the people
with an awareness of their status as sovereign and superior to the
Status of corporations
Bring home to errant
corporations the consequences of their gambling
End the out of control, and
predatory financial power of City
over the people
Replace the subservience of HMG to the City with its true
democratic role toserve the interests of the people and protect them from
exploitation by the City.
TO RELOCATE THEIR HQ OVERSEAS.
We welcome this proposal. , and remind the corporations that
this would have consequences.
First their assets would be retained in UK
Second the privilege of
commercial access to the UK
market, one of the most settled, affluent and creditworthy markets in the world,
with a stable currency (Particularly attractive when the euro is at risk) –
that this access would be withdrawn or restricted by HMG should the HQ be moved
Corporations withdrawing from UK
would be punished by the market, by opening up opportunities to their competitors who remain to increase their market share.
It is wrong thinking
for HMG to place on people the responsibility for the debts incurred by the corporations.
Doing so as is presently proposed , is a betrayal of the role of an elected
Amounting to treason.
The present proposals are shameful.
They can only be contemplated as long as people misunderstand the role of government and under value the primacy of
people in the constitution , and ignore the dependent status of corporations .
Failing to uphold the
primacy of the people versus corporations is treason.
HMG proposals to do so
exposes the subservience of HMG to the interests of the City.
This is not surprising since, as the stats show, the assets of the corporations vastly
outweigh the spending power of
government which governments know and act accordingly..
Secondly , the
financial sector fiercely lobbies the executive, to the extent of routinely
drafting Bills and Acts of Parliament, to
the harm of people.
Thirdly , the financial sector threaten to withdraw support for UK plc if
their interests are harmed . HMG ‘s
first concern being their own short term political survival are not disposed
to incur the political and financial power of the city.
are here to-day and gone in 2015 or by grace in 2020. The city is older and more enduring and
follows longer term goals.
Fifthly The people
are actively and deliberately confused and their interest and understanding of
their own supremacy and power severely
damaged by the anomaly of government having no overt responsibility to the people, their name is Her Majesty’s Government .
This explains the anomaly of people having no active power
in s so called democratic government.
The City of London
has aspirations to sovereignty. It projects real territorial authority within the City bailiwick and represents the
real seat of power in the constitution.
The wealth and eminence of the Banks and financial institutions,
the role of the B of E control over money , and the financial sector share in
the economy are evidence.
Voting which was a triumphant achievement 180 years ago and
an aspiration in the third world to-day, in UK is now a poor weapon to confront
commercial power, and a poor substitute for self government, and the lack
of effective control of government by both parliament, by the second chamber, and of the Prime Minister by Cabinet and by
Crown, leaves the people, and their interests
out of the equation.
The Corporate sector on the other hand , can and do act at
variance to government policy. They
regularly break competition law and flout regulatory guidance.
Individual fines of £1million plus are regularly incurred by corporations. Without effecting their wealth or power or changing
Most directly and most damaging the democracy is the funding
by corporations of political parties. In
the case of Labour, the Liberals and the Conservative parties each has received
donations of £1 million plus , in return
for political favours , (Labour), by a criminal (Liberals), and unconstitutionally by Conservatives from a
non resident non UK
tax payer .
They store our
money, manufacture it in their plastics
factories, finance our houses, and
insure them, supply power to them, and telephone services, when we are well we stay in their hotels,
when we are ill we use their drugs, when hungry they supply food and when we celebrate –our drink , when we
travel petrol for our cars and they employ us in millions.
They also and overtly prey on vulnerable people ..
Two million companies, are registered at Companies House in City
Road, London of which hundreds of thousands are active, are worth
WHAT ARE THEY?
‘creations’ – groups of people who have been allowed to assume an
artificial independent existence,
2 They a have also
been trusted sufficiently to buy and
sell and hold proerty and to use our courts to safeguard their interests- a
3 Also, and this is
apparently universally disregarde, they have been granted eternal life.
A privilege denied to every
WHO ARE THEY?
Ranked by Forbes in 2007 ($) , of the largest 40 UK
companies , 15 are banks, finance houses and insurance companies.
Ranked by profits,
assets and capitalization, HSBC is the largest with assets of
$1,500,0000 million (ie $1.5trillion.)
Shell $217bn , BP
206bn, RBS $1.3trillion i, Barclays
$1.6trillion HBOS $929billion,
The unit for the largest capitalizations is $trillions
. for each of the 40 it is
$billions, which sets them aside
from real people, who in Goldsmiths day
were “ passing rich at forty pounds a year”
THE HISTORICAL PERSPECTIVE
In an agricultural economy
control of the and was the means to wealth and control over people. When the Church wrested one third of the land
of UK from the king, Henry Vlll
reassumed this power by the ‘so
called ‘dissolution of the monasteries and chantries.
In a post industrial society, wealth is generated not by land
and agricuilture but by trade and
In a post
agricultural society , Banking , finance and control of money supply
(especially by issuing credit) is the preferred way to generate wealth. The wealth is extracted via interest,
penalties and fees by putting people
whose role in a democratic society, is to protect the weak from the strong or
rather by strength through
cooperation has been diverted to serve
the interests of the City , whose interest is to weaken government and reduce
the resistance which people can muster
Government , both Labour in 1997 and Lib Con in 2010, by
pursuing a policy of growth thro’ credit , have surrendered to a policy which
mirrors that of the City. This explains the preposterous proposal to get People
to pick up the bill for errant
It is the effrontery
of this proposal , and the very
possibility that it might succeed, that
suggests there is an imminent possibility that the City is nearing victory in its uninhibited
access to govern society by binding it in debt.
The student loans, then on top the out-of-reach house
deposits and the mountainous mortgage
commitments ensure that the projections for
repaying debts ‘don’t add up’ .
The implications are that to-day , credit providers have won
the battle and subjected people at large to a life time of credit terms
and repayable debt.
The repayment default doesn’t ultimately matter to the
lenders, The significance is that in
these instances, credit providers have
ultimate freedom to set the most advantageous terms for credit.
As a footnote ,
this analysis explains the significance of the anomaly of the continuance of a monarchy in a so
represents the relic of control over people by means of the land.
The queen is legally the sole owner of all UK
land and one of the very largest private landowners and receivers of public
payments via CAP of some £500,000 a year . It is in the interests of the City,
the real source of sovereignty, to hide behind the relic monarchy. The former use of land in medieval times was to
extract service and rents from
tenants and labour from serfs. . The modern use is to extract taxes unknowingly
from a non agricultural non landowning
majority via Common Agricultural Policy payments funded by landowners, on the principle the more land
owned the larger the benefit cheques. . A second source of monopoly of land , especially permissioned land , when combined with a creative shortage of new house supply,
ensures inflated house prices ensuring a
continued and rising demand for mortgages which from the lenders point of
view creates the biggest demand for credit both for mortgages and
for associated lending via second mortgages etc. It is no
co-incidence that it was mortgages ,
transformed into ‘assets’ which were at the centre of financial
international markets, and were the immediate cause of the 2008 crisis.
the scope for irrational and
effectively unregulated trading by corporations is vitally curtailed recurring crashes and of an even more severe
nature may be expected.
James Armstrong April 2011.
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