Cuts are treason

james armstrong james36armstrong at
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
their charge.

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                 
£669 billion


CAP cheques  to private
landowners   2009  (uncut)        £3 billion


HMG  bail out to banks
       Oct 2008                                   £37


Chancellor announces 
budget cuts   20 Oct 2010  



Which sector caused the 
banking crisis?  



 -     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?  
ANSW    People


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.  .




 The corporate
sector  is best able to carry the cost
without affecting their well being


The  c s is most
culpable .


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.. 



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.  



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. 

Fourthly,  Governments
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
their behaviour.      


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
some  attention.




1   Artificial
‘creations’ – groups of people who have been allowed to assume an
artificial  independent existence,
honorary personality. 

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
huge privilege.

3  Also, and this is
apparently universally disregarde, they have been granted eternal life.

A privilege denied to every 
real person. 



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”                                                  




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
into debt..   

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
by  co-operating. 

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
called democracy.

  The monarchy
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

activity  in
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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