- Relief Valve
- LECTURE 1: Why We Are In The Dark About Money
- LECTURE 2: The Con
- LECTURE 3: The Vatican-Central to the Origins of Money & Power
LECTURE 4: London The Corporation Origins of Opium Drug Smuggling
- Early Barter System
- Trade started with a Sail Boat called a Carrack
- Corporations and Maritime Time Line
- Marine Merchants Timeline
- Levant Company
- London The Corporation
- Church of England The Corporation
- Just Steal It - EIC Commits First Corporate Espionage!
- Matheson & Jardine Families
- The Bankster Families Who Control Opium Smuggling
- Imperialism Rules Enlightened Despotism
- Dutch East India Company
- The Honorable East India Company
- Hong Kong Shanghaied
- Chatham House
- Thuggee the First Fraternity
- Bank of England
- Pirate Bankers
- EIA First Contact With Shanghai China
- The Collapse of the Royal African Company: How Open Trade Trumped the Monopoly
- Shanghai and the First Contact with the West
- Opium - TimeLine
- Opium Trade
- The Opium Wars
- Letter to Opium Drug Smuggling Queen Victoria
- Lecture 4 Objectives and Discussion Questions
- LECTURE 5: U.S. Pirates, Boston Brahmins Opium Drug Smugglers
- LECTURE 6: The Shady Origins Of The Federal Reserve
- LECTURE 7: How The Rich Protect Their Money
- LECTURE 8: How To Protect Your Money From The 1% Predators
- LECTURE 9: Final Thoughts
The Slavery Franchise - As the Times noted in 1881, "The City Corporation is sacred although nothing else is."
They took over India, then China by Smuggling Opium while sending pirates to help battle for the New World.
The (Secret) City of London,
Part 1: History Non-Sovereign City States
City of London See aka: City of London Corporation
Notice the red cross on white background
Although the City of London is not commonly considered a city-state, it does have a unique political status (sui generis), a legacy of its uninterrupted integrity as a corporate city since the Anglo Saxon period and its singular relationship with the Crown. Historically its system of government was not unusual, but it was not reformed by the Municipal Reform Act 1835.
The corporation claims to be the world's oldest continuously elected local government body.
Both businesses and residents of the City, or "Square Mile", are entitled to vote in elections, and in addition to its functions as the local authority – analogous to those undertaken by the boroughs that administer the rest of London – it takes responsibility for supporting the financial services industry and representing its interests. The corporation's structure includes the Lord Mayor, the Court of Aldermen, the Court of Common Council and the Freemen and Livery of the City.
The City of London is not part of England or the United Kingdom. It is a privately owned corporation masquerading as a county.
The CITY does not belong to England.
It is subject of neither the monarch nor the government of British Parliament. The CITY is the true government of England, as both the Queen and the Prime Minister are subordinate to the Lord Mayor and listen to him. By the façade of a Prime Minister and a cabinet the impression is given that these decide what happens, yet that are just puppets of the CITY. If the Queen visits the CITY, she is met by the Lord Mayor at “Temple Bar” the symbolic gate to the CITY. She bows and asks permission to enter his private and sovereign state. He shows his approval by handing her the state sword.
At state visits like this the Lord Mayor in his robe and chain eclipses the Queen, and her entourage are restricted to ordinary street clothes. Then he proceeds to lead the Queen who goes two steps behind him into the CITY. In Great Britain there are two separately acting empires – the colonial empire under the royal family and the empire of the Crown. All colonies with a white population (Australia, New Zealand, Canada, and South Africa) were under the authority of the English government. All other colonies (India, Egypt, Bermuda, Malta, Singapore, HongKong, Gibraltar and the Central African colonies) were the private property of the CROWN, so-called CROWN COLONIES.
Lloyd's says it won't be so 'of London' once Brexit begins http://for.tn/2cYh9F7
In 43 AD Rome walled off Londynia now known as "The City"
The Romans originally called it Londinium — evidently a corruption of its pristine British name; they afterwards, but probably not till after it became the capital of their British province, called it Colonia Augusta, seemingly from its magnificence, and they likewise called it Augusta Trinobantum, with allusion to its having been the capital of the British tribe Trinobantes. The Britons of the 5th century called it Lundaine, Bede calls it Londinia, King Alfred calls it Lundenceaster, and other or later authorities call it variously Lundenbyrig, Lundenburgh, Lundewic, Lundene, Lundnne, Lundone, and Londone. The present name, under one modification or other, has thus existed from the earliest period of its authentic history. And "it is evident," says old Lambarde, writing in 1567, "that verie few places of this realme have enjoyed their name so longe; which thinge also is in myne opinion no lighte argument that it hathe bene of great price these many yeares; for what greater cause is theare of the chaunge of names than the chaunge of their estate?—neither meane I by this that it hathe sence the begynninge possessed either that largenesse, beautie, or nomber of people, that it now enjoyethe, but that in regard of the state of the realme then beinge, it was inferior to none within the same."
The tax haven in the heart of Britain
When clients wanted to shift money back into the US, BSI bankers used a variety of subterfuges. In one, the bank would issue clients with prepaid debit cards loaded up with money from their Swiss account. The client’s name did not appear on the card. That left clients free to spend without leaving clues for the taxman. When clients needed BSI to top up the cards, they sent word in code. “Could you download some tunes for us?” asked one. Another winked, “Gas tank still running on empty.”
How Money is Hiddern videohttps://www.youtube.com/watch?v=tfuRsTrx-R0
The Lloyd’s of London insurance market will be ready to move some of its business to the European Union as soon as Britain starts divorce proceedings from the bloc, its chairman said on Thursday, the first indication that its plans are well advanced. Earlier this month, the world’s leading specialty insurance market said it would have to operate some business from the EU after Brexit if Britain fails to keep so-called passporting rights allowing financial companies to sell products across the bloc.
8/5/2014 The City of London Corporation, the local-government authority for the 1.2-square-mile slab of prime real estate in central London that is the City of London. The corporation is an ancient, semi-alien entity lodged inside the British nation state; a "prehistoric monster which had mysteriously survived into the modern world", as a 19th-century would-be City reformer put it. The words remain apt today. Few people care that London has a mayor and a lord mayor - but they should: the corporation is an offshore island inside Britain, a tax haven in its own right.
The term "tax haven" is a bit of a misnomer, because such places aren't just about tax. What they sell is escape: from the laws, rules and taxes of jurisdictions elsewhere, usually with secrecy as their prime offering. The notion of elsewhere (hence the term "offshore") is central. The Cayman Islands' tax and secrecy laws are not designed for the benefit of the 50,000-odd Caymanians, but help wealthy people and corporations, mostly in the US and Europe, get around the rules of their own democratic societies. The outcome is one set of rules for a rich elite and another for the rest of us.
The City's "elsewhere" status in Britain stems from a simple formula: over centuries, sovereigns and governments have sought City loans, and in exchange the City has extracted privileges and freedoms from rules and laws to which the rest of Britain must submit. The City does have a noble tradition of standing up for citizens' freedoms against despotic sovereigns, but this has morphed into freedom for money.
A few examples illustrate the carve-out. Whenever the Queen makes a state entry to the City, she meets a red cord raised by City police at Temple Bar, and then engages in a colourful ceremony involving the lord mayor, his sword, assorted aldermen and sheriffs, and a character called the Remembrancer. In this ceremony, the lord mayor recognises the Queen's authority, but the relationship is complex: as the corporation itself says: "The right of the City to run its own affairs was gradually won as concessions were gained from the Crown." The modern ceremony strikingly marks the political discontinuity at the City's borders.
The Remembrancer, whose position dates from the reign of Elizabeth I, is the City's official lobbyist in parliament, sitting opposite the Speaker, and is "charged with maintaining and enhancing the City's status and ensuring that its established rights are safeguarded". His office watches out for political dissent against the City and lobbies on financial matters. Then there is the City's Cash, "a private fund built up over the last eight centuries", which, among many other things, helps buy off dissent. Only part of it is visible: the Freedom of Information Act applies solely to its mundane functions as a local authority or police authority. Its assets are beyond proper democratic scrutiny.
The City Corporation is different from any other local authority. Here, hi-tech global finance melds into ancient rites and customs that underline its separateness and power with mystifying pomp. Among the City's 108 livery companies, or trade associations, you will find the WorshipfulCompanies of Loriners (concerned with stirrups and other harnesses for horses) and Fletchers (arrow-makers) as well as the Worshipful Company of Tax Advisers, among whose four prime aims is "to support the Lord Mayor and the City of London Corporation", and the Worshipful Company of International Bankers, whose heraldic "supporters" are the griffins, guardians of treasure. Full Article
LORD MAYOR EXPLAINED
The Lord Mayor is the monarch. The Queen aka Mrs Saxe-Coburg-Gotha is his subject.
LORD MAYOR EXPLAINED
THE CITY OF LONDON IS administered by the City of London Corporation, headed by the Lord Mayor of the City of London (not the same post as the more recent Mayor of London, who presides over Greater London). The City is a ceremonial county too, although instead of having its own Lord-Lieutenant, the City of London has a Commission, headed by the Lord Mayor, exercising this function. The role of Lord Mayor is reduced mainly to the support and promotion of the City’s financial companies. It is the richest square mile in the world, and London’s financial sector, housing banks and financial institutions from all major countries. The Governors of the city are called The Crown (deceptively nothing to do with the Queen), comprised of 13 members headed up by the Lord Mayor of the city (not the regular London Mayor).
The Mansion House has been the Lord Mayor’s residence since 1758 and one can take a guided tour.
The City of London is not part of England or the United Kingdom. It is a privately owned corporation masquerading as a county – often talking heads on TV will even call it London PLC. It isn’t under the power of the Queen or the Government. Her majesty and the Prime Minister are subordinate to the Lord Mayor and have to listen to him and his delegates on financial decisions; that is why during the financial news they always cut to “the City” for updates. If the Queen enters the Mayor’s city, she is met by him at the perimeter “Temple Bar” and must bow and ask permission to enter his private and sovereign state. He will dress in full regalia while she and her handlers dress in regular clothing. 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).
Temple Bar is the only surviving gateway to the City of London, where it once stood at the junction where the Strand meets Fleet Street for more than 200 years. A bar is first mentioned here in 1293, at which time it was probably no more than a chain (or bar) between wooden posts. Due to its vicinity to the Temple, an area where the guilds of lawyers organised into what would become the Inns of Court in an area that is now considered “Legal London”, it was commonly referred to as Temple Bar. A little over a century later however, this was replaced by a handsome gateway, which was built from timber and had the addition of a prison above it.
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.
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.
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. 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.
London Stock Exchange is located in The City.
4/9/14 Irish President Michael D Higgins was greeted at London's Guildhall by his host Fiona Woolf, Lord Mayor of the City of London
Irish President Michael D Higgins hails UK trade links at Guildhall banquet. Mr Higgins was given a Guard of Honour reception outside the Guildhall, the ceremonial centre of the City of London. Guildhall has been the City powerhouse since the twelfth century. In an era when the Lord Mayor of London rivalled the monarch for influence and prestige, this was where he and the ruling merchant class held court, fine-tuned the laws and trading regulations that helped create London’s wealth. Today, 800 years on, Guildhall is still home of the City of London Corporation, and acts as a grand setting for glittering banquets in honour of visiting Heads of State and other dignitaries, royal occasions, and receptions for major historical anniversaries.
The Irish government received a £3.25bn loan from the UK, shortly after it accepted an international bail-out from the European Union and International Monetary Fund (IMF). "In responding to our recent economic crisis, Ireland received significant support from our partners in Europe and, on a bilateral basis, from our friends here in the United Kingdom, for which we are deeply grateful" Mr Higgins said.
11/31/14 In 1660, Samuel Pepys may have described the Lord Mayor’s Show in his diary as “poor and absurd” but Fiona Woolf – the 686th holder of the title and only the second woman since 1189 – insists she enjoyed the pageantry of progressing through the City streets last November in a gilded horse-drawn coach, in full regalia and guarded by pikemen. “I absolutely loved it,” the corporate lawyer said in a Guardian interview last August. “It’s well known around the world and terribly well received.”
* Lloyd’s of London is located in The City.
12/2/13 New Lloyds Banking Group chairman is former Downing St adviser Lord Blackwell served as adviser to Margaret Thatcher and headed No 10 policy unit in John Major's government. The Cambridge-educated Blackwell served as a Downing Street adviser under Thatcher in the 1980s and headed the No 10 policy unit in the Major government from 1995 to 1997. He was appointed a life peer in 1997. Bischoff was appointed chairman of the bank in September 2009, a year after it was bailed out with £20bn of taxpayers' money. He has overseen the restructuring of the bank with the chief executive, António Horta-Osório, the former UK boss of Santander, who took over at Lloyds in 2011.
* 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.
The City of London is not part of England or the United Kingdom. It is a privately owned corporation masquerading as a county – aka London PLC.
It isn’t under the power of the Queen or the Government. Her majesty and the Prime Minister are subordinate to the Lord Mayor and have to listen to him and his delegates on financial decisions; that is why during the financial news they always cut to “the City” for updates. If the Queen enters the Mayor’s city, she is met by him at the perimeter “Temple Bar” and must bow and ask permission to enter his private and sovereign state. He will dress in full regalia while she and her handlers dress in regular clothing.
During the development of this two tiered British Empire the BRITISH EAST INDIA COMPANY (BEIC) owned by the CROWN began making a fortune through the Opium trade.
One of their strategies was to get the vast impoverished Chinese population addicted to opium to create a mass market for the crop, while they also milked their exports at the same time. It didn’t matter to the Crown that China outlawed the drug. They wanted money and money they got. The Royal Family also wanted their greedy claws on the profits so joined their counterparts in the CITY and negotiated a tax on the opium farmers in there Indian colony. Thus huge amounts of opium were shipped from India at a tax to China and the Royal Family added an enormous amount of money to their every increasing pot. Slaves in India produced the opium and gave them a cut for nothing, and impoverished laborers in China bought it to smoke while picking tea leaves for export back to Britain.
1844 Joint Stock Companies Act, a piece of legislation effectively marking the birth of modern capitalism. Followed by the Limited Liability Act of 1855, it established that the fiduciary duty of a director is to act in good faith for the benefit of the company as a whole, ie all shareholders. In practice, this means that what is referred to as the shareholder primacy norm obliges companies to maximise their profits without regard to other considerations. So claims by companies that they are driven by values enshrined in concepts of corporate social responsibility or fair trade should be seen for what they are – public relations exercises designed to attract custom that will ultimately enhance their bottom line. Even the Tories’ favourite economist, Adam Smith, denounced the size, nature and privileges associated with corporations, and we should heed what he said. Nothing less than a dismantling and revision of the legal framework underpinning private enterprise will serve to alleviate the exploitation, abuses and environmental degradation that it brings but, as Mr Monbiot says, the political class and our so-called democracy is part of the problem rather than the solution.
[ must read ] The tax haven in the heart of Britain:
There is an institution with a murky history and remarkable powers that acts like a political and financial island within our island nation state.
Welcome to the Square Mile and the City of London Corporation.
Few people care that London has a mayor and a lord mayor - but they should: the corporation is an offshore island inside Britain, a tax haven in its own right. The term "tax haven" is a bit of a misnomer, because such places aren't just about tax. What they sell is escape: from the laws, rules and taxes of jurisdictions elsewhere, usually with secrecy as their prime offering. The notion of elsewhere (hence the term "offshore") is central. The Cayman Islands' tax and secrecy laws are not designed for the benefit of the 50,000-odd Caymanians, but help wealthy people and corporations, mostly in the US and Europe, get around the rules of their own democratic societies. The outcome is one set of rules for a rich elite and another for the rest of us.
THE CITY -WALL STREET FLASH CRASHERS
QUESTION: Why did it take 5 years to bring a case against Crash Boy Sarao?
The first question that arises from the Commodity Futures Trading Commission’s case against Navinder Singh Sarao is: Why did it take them five years to bring it? A guy living with his parents next to London's Heathrow Airport enters a lot of big, phony orders to sell U.S. stock market futures; the market promptly collapses on May 6, 2010; it takes five years for the army of U.S. financial regulators to work out that there might be some connection between the two events. It makes no sense.
ANSWER A 'flash crash' trader was connected to THE CITY elites:
UK 'flash crash' trader had links to establishment figures Navinder Singh Sarao, who operated from his parents’ home, invested in a company connected to a former judge, a City grandee and private equity tycoons
Mr Ethical Anti-corruption campaigner: #HSBC Fraud
On 30 June 2014 I blogged about a collusion between the Financial Conduct Authority and #HSBC to cover-up massive fraud.
The Royal Exchange was officially opened on 23 January 1571 by Queen Elizabeth I who awarded the building its royal title and licence to sell alcohol. The Royal Exchange in London was founded in the 16th century by the merchant Thomas Gresham to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. It is trapezoidal in shape and is flanked by Cornhill and Threadneedle Street which converge at Bank junction in the heart of the City. The design was inspired by a bourse Gresham had seen in Antwerp, Belgium, and was Britain's first specialist commercial building.
During the 17th century, stockbrokers were not allowed in the Royal Exchange because of their rude manners, hence they had to operate from other establishments in the vicinity, such as Jonathan's Coffee-House. Gresham's original building was destroyed in the Great Fire of London in 1666. A second complex was built on the site, designed by Edward Jarman, and opened in 1669, but was also destroyed by fire on 10 January 1838. It had been used by the Lloyd's of London insurance market, which was forced to move temporarily to South Sea House following the 1838 fire. A statue inaugurated in 1844 of the Duke of Wellington outside the Royal Exchange. The third Royal Exchange building, which still stands today, was designed by William Tite and adheres to the original layout – consisting of a four-sided structure surrounding a central courtyard where merchants and tradesmen could do business.
The Royal Exchange in London was founded in the 16th century by the merchant Thomas Gresham to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. Paul Julius Reuter established the Reuters news agency at No. 1, Royal Exchange Buildings (opposite and to the east of the Royal Exchange) in 1851. It later moved to Fleet Street.
The Baring family is a German and British banking family, descended from Johann (John) Baring (1697–1748), a wool merchant of Bremen. He founded a merchant house in Exeter in 1717. His sons Francis Baring and John Baring moved to London, where they founded the John and Francis Baring Company, commonly known as Barings Bank, in 1762. Barings Bank become one of the leading London merchant banks. The City of London recognized Baring's special qualities and in 1771 the Royal Exchange Assurance, a giant public business, appointed him to its court.
Genetic study reveals 30% of white British DNA has German ancestry
The Queen's real Surname is Mountbatten. In or around the early 1910's the Royals were encouraged to change their German name (Saxe-Coburg-Gotha) to the more British "Windsor." This is because they were fighting Queen Victoria's nephew Kaiser Wilhelm of Germany and the English people didn't like the idea of having Germans for their King and Queen. Prince Philips family (also German) at this time changed their name from the German "Battenberg" (berg meaning mount or mountain) to the English sounding "Mountbatten." So, basically, they kept their name the same, just changing the German "Berg" for the English "Mount." So Philip's ancestors became Mountbattens.
2014 Queen's new state coach encapsulates British history - no mention or the cost to the public!
Queen and Prince Charles using power of veto over new laws.
F^ck Parliament: Whitehall documents reveals The Queen and Prince Charles are using their little-known power of veto over new laws more than was previously thought. Royal approval may even be needed for amendments to laws.
The power of veto has been used by Prince Charles on more than 12 government bills since 2005 on issues covering gambling to the Olympics.
Prince Charles faces scrutiny by MPs over veto on laws
Parliament to examine heir to the throne's little-known veto over any laws that affect his private interests
The Queen and Prince Charles are using their little-known power of veto over new laws more than was previously thought, according to Whitehall documents. Prince Charles faces scrutiny by MPs over veto on laws. Parliament to examine heir to the throne's little-known veto over any laws that affect his private interests
Secret royal veto powers over new laws to be exposed Information commissioner orders release of guide to how Queen and Prince Charles must be consulted before laws are passed. The British Queen and her son Prince Charles enjoy a veto power, by which they can annul any new laws being drafted against their interest in the government, it has been revealed. The revelation came after the coalition government lost the battle to keep information about the level of royal interference in politics secret. Governmental papers prepared by Cabinet Office lawyers showed that overall at least 39 bills have been subject to the most senior royals’ little-known power to approve or reject new laws. The documents also revealed that the power has been used to abolish planned legislation relating to decisions about the country going to war. The documents, named as the internal Whitehall pamphlet, were only released following a court order and revealed that ministers and civil servants are obliged to consult the Queen and Prince Charles in greater detail and over more areas of lawmaking than was originally understood. The new laws that were required to receive the seal of approval from Elizabeth II or Prince Charles cover issues from higher education and paternity pay to identity cards and child maintenance.
Royal family enjoys veto power in all British govt. affairs
In one incident on the matter, the Queen completely banned the Military Actions Against Iraq Bill in 1999, a private member’s bill that required the transfer of power from the monarch to parliament to allow military strikes against Iraq.
The British Queen and her son Prince Charles enjoy a veto power, by which they can annul any new laws being drafted against their interest in the government, it has been revealed. The revelation came after the coalition government lost the battle to keep information about the level of royal interference in politics secret. Governmental papers prepared by Cabinet Office lawyers showed that overall at least 39 bills have been subject to the most senior royals’ little-known power to approve or reject new laws. The documents also revealed that the power has been used to abolish planned legislation relating to decisions about the country going to war. The documents, named as the internal Whitehall pamphlet, were only released following a court order and revealed that ministers and civil servants are obliged to consult the Queen and Prince Charles in greater detail and over more areas of lawmaking than was originally understood. The new laws that were required to receive the seal of approval from Elizabeth II or Prince Charles cover issues from higher education and paternity pay to identity cards and child maintenance. In one incident on the matter, the Queen completely banned the Military Actions Against Iraq Bill in 1999, a private member’s bill that required the transfer of power from the monarch to parliament to allow military strikes against Iraq.
Attorney general blocks disclosure of Prince Charles letters to ministers Guardian to challenge Grieve's ruling that release of 27 letters 'could damage prince's ability to perform duties as king'.
London has more billionaires than any other city in the world, and Britain has more billionaires per head of population than any other country. London is home to 72 of Britain's 104 sterling billionaires, well ahead of Moscow in second place with 48 people worth the equivalent of 1 billion pounds or more. New York is in third place with 43 billionaires, San Francisco in fourth place with 42, Los Angeles next with 38 and Hong Kong in sixth place with 34. This year is the first year the minimum wealth of Britain's 50 richest people has topped 1.5 billion pounds. Only 700 million pounds was needed to join the exclusive club a decade ago. Britain's 104 billionaires have a total wealth of 301.13 billion pounds, compared to 88 a year ago with a combined worth of 245.66 billion pounds. The combined wealth of Britain's super-rich is now well ahead of pre-recession levels of 2008, which then totalled 201.99 billion pounds.
Members of Parliament are required to swear an oath of loyalty to the queen, not to the people who elected them and not to a constitution.
Those who have refused have been barred from taking their seats in the legislature. Bishops of the Church of England also swear their allegiance to the monarch, rather than to their god or their church. Police officers and soldiers likewise swear loyalty to the Queen, not to the government or their country.
The monarch has the power to:
Choose the Prime Minister.
Dismiss ministers and governments.
Refuse to agree to legislation passed by Parliament.
Dismiss the governments of other countries of which she is monarch.
Pardon convicted criminals.
Declare a state of emergency.
Command the army and raise a personal militia.
PRIVATE / PIRATE
HBSC OWNS LONDON
The Hongkong and Shanghai Banking Corporation
HSBC started On 4 March 1865, when Hong Kong was a colony of the British Empire. It is the founding member of the HSBC Group. It opened its Shanghai branch on the ground floor of the Central Hotel (now Peace Hotel) on the corner of the Bund with Nanjing Road.
By 1874, HSBC's business had grown so much that the existing premises was becoming cramped. The bank then purchased the Foreign Club, a three-storey building at number 12, the Bund, south of the Customs House, for 60,000 taels of silver. In 1912, the bank made further acquisitions at number 10 and number 11, the Bund, and began construction of the new building. Construction began on 5 May 1921, with the dome capped off on 23 June 1923. According to contemporary press reports, at the time of construction the bank hired feng shui masters to select the time and direction of the first excavation. In accordance with Chinese tradition, coins from around the world were buried in the foundations. Specially minted coins were placed in dark recesses of the building to ward off spirits. The construction took 25 months, and the completed building occupied 1.3 hectares, with an area of 23,415 m². The architect's firm, Palmer & Turner, also designed numerous other buildings on the Bund including the Yokohama Specie Building, Yangtze Insurance Building, and Bank of China Building.
Since 1990, is a wholly owned subsidiary of the London-based HSBC Holdings P.L.C,. The company's business ranges from the traditional High Street roles of personal finance and commercial banking, to corporate and investment banking, private banking and global banking. It is the largest bank in Hong Kong, and operates branches and offices throughout the Asia Pacific region, and in other countries around the world.
Private Banks and Bank Secrecy
Switzerland-based UBS entered into a deferred prosecution agreement Wednesday with federal prosecutors that ends an investigation into whether the banking giant helped U.S. clients avoid paying taxes. Under the terms of the agreement, UBS will pay a $780 million fine and disclose certain account holders' names to the IRS. While the indictment states the government's interest in the identities of between 17,000 and 20,000 UBS clients, the agreement does not specify how many names will be turned over to U.S. authorities.
Question: How do you get to be a pirate and not be considered doing something illegal?
Answer: You are working for the English Crown and stealing for them.
Piratical activity by Muslim populations had been known in Mediterranean since at least the 9th century and the short-lived Emirate of Crete. Despite the animosity generated by the Crusades, the level of Muslim pirate activity was relatively low. In the 13th and 14th century it was rather Christian pirates, particularly out of Catalonia, that had been the constant threat to merchants.
While Barbary corsairs naturally looted the cargo of ships they captured, their primary goal was to capture prisoners on land or at sea and turn them into slaves.
Once captured, the slaves were often sold or put to work in various ways in North Africa. That's how the Irish got there.
Opium Traders and Their Worlds Volume One by Mary Keinholz
The National League of American Pen Women, Inc.
3523 E. 23rd Avenue
Spokane WA 99223-3920
Chap. 8 The Transoceanic Challange - English Traders Pg. 48
Chap. 13 Great Britain and EIC as Factor and Adversary pg.103
Chap. 17 The Solid Men of Massachusetts Pg. 182
BANKING: Sir William's New Bank
Monday, Oct. 17, 1955
Although he has always moved mysteriously in international circles, Sir William Wiseman, tenth baronet of Ulster, partner in Manhattan's Kuhn, Loeb & Co., has never made much of a public splash. He graduated from Cambridge, was gassed at Ypres, studied espionage at Scotland Yard, at 30 was the second most powerful Briton in the U.S., unofficial head of His Majesty's World War I secret service in the U.S. and Woodrow Wilson's "confidential Englishman." Afterward he joined Kuhn, Loeb, the second greatest U.S. private banking house (the first: J. P. Morgan & Co.), but kept his British passport and his family title, which was conferred by James II. A sometime playwright (one play) and much married (three marriages, two unsuccessful), he spoke softly in a clipped British accent, attired himself in double-breasted navy blue, and kept out of the papers.
Last week, at 70, Sir William made a public announcement that got his picture in the New York Times. He reported the creation of a private world bank, the first of its kind, named the Transoceanic Development Corp., Ltd. Sponsored by Kuhn, Loeb, First Boston Corp., and London's S. G. Warburg, the corporation has 27 participating firms famed in the banking world. Among them: Credit Suisse, David and Laurance Rockefeller, Sal Oppenheim Jr. & Cie. (Cologne), N. M. Rothschild & Sons (London), Deutsche Bank Group (Frankfurt), Amsterdamsche Bank (Holland). The bank's purpose is to buy equity shares in foreign enterprises and furnish risk capital to businesses in countries other than the U.S. and Canada. The capital of $10 million is small, to allow the new institution to take a look at the field without tying up lots of cash during the waiting period. Later, when Transoceanic finds what it wants, the members stand ready to sink many more times the original capitalization into the business.
Last week Sir William was characteristically self-effacing about the new venture. In the whole field of international investment there are only two major financial groups—the World Bank and the (British) Commonwealth Development Finance Co., Ltd.—both government institutions. Why had he set up a private bank to get into the field? Replied Sir William: "We want to make money." time.com/time/magazine/article/0,9171,807812,00.html
THE PROMINENT FAMILIES OF THE UNITED STATES OF AMERICA VOLUME I by Arthur Meredyth Burke November, 1908 pg1 of 47
The United States of America stands alone among the great nations of the world. The first history of the nation as representing a civilized country is known intimately and decisively with full, reliable, and accurate records dating, as it were, from the beginning of time. It would be superfluous to attempt in such a work as this to give a lengthy account of the original discovery of America, but the nature of my task demands that I should trace as shortly as possible the first history of early settlements in that country.
For the present purpose I may pass over the exploits of the sixteenth-century venturers. Interesting as they are to the historical student, they were, as regards any influence on the present national life, entirely unproductive of result. The names of Ponce de Leon, de Ayllon, Narvaez, de Soto, Verrazzani, or Roberval may excite a thrill in one who knows the early history of his country ; but it is not to these that one must look in tracing the origins of distinguished families, for all their attempts at founding settlements in North America were doomed to failure.
Tower of London, is awash in poppies in beautiful tribute to the men who died in World War One.
Yale, Shadows, and American Royalty by David Lipson
written for Euonymous a project of the Capstone Committee of the University Writing Program at The George Washington University.
Britain had a huge trade deficit with Qing Dynasty China and so in 1773, the Company created a British monopoly on opium buying in Bengal. As the opium trade was illegal in China, Company ships could not carry opium to China. So the opium produced in Bengal was sold in Calcutta on condition that it be sent to China. Despite the Chinese ban on opium imports, reaffirmed in 1799 by the Jiaqing Emperor, the drug was smuggled into China from Bengal by traffickers and agency houses such as Jardine, Matheson & Co and Dent & Co. in amounts averaging 900 tons a year. The proceeds of the drug-smugglers landing their cargoes at Lintin Island were paid into the Company's factory at Canton and by 1825, most of the money needed to buy tea in China was raised by the illegal opium trade. The Company established a group of trading settlements centerd on the Straits of Malacca called the Straits Settlements in 1826 to protect its trade route to China and to combat local piracy. The Settlements were also used as penal settlements for Indian civilian and military prisoners. In 1838, with the amount of smuggled opium entering China approaching 1,400 tons a year, the Chinese imposed a death penalty for opium smuggling and sent a Special Imperial Commissioner, Lin Zexu, to curb smuggling. This resulted in the First Opium War (1839–1842). After the war Hong Kong island was ceded to Britain under the Treaty of Nanking and the Chinese market opened to the opium traders of Britain and other nations. The Jardines and Apcar and Company dominated the trade, although P&O also tried to take a share. A Second Opium War fought by Britain and France against China lasted from 1856 until 1860 and led to the Treaty of Tientsin.
London is the cocaine capital of Europe and has the highest use of the drug than any other city on the continent. The European Drug Report 2014 analysed the sewage systems of 42 cities for traces of the drug and found the English capital had the highest cocaine use of any city tested. London was one of the cities with the highest use of ecstasy. London's sewage water contained 711 mg of benzoylecgonine, the main chemical in cocaine, per 1,000 people, compared to 393 mg in Amsterdam and 233 mg in Milan. The report follows on from a study conducted by the Drinking Water Inspectorate, which found cocaine use was so prevalent in the UK traces had even contaminated the drinking water supply.
2014 Britain’s Office of National Statistics said prostitution and the import, manufacture and consumption of illegal drugs will be counted when making the government’s quarterly calculations of gross domestic product. At the moment, the only illegal activities included in GDP are estimates on alcohol and tobacco smuggling. The ONS said the new estimates would add around 10 billion pounds (US$16.7 billion) to the level of GDP in 2009. That said, it remains a very small portion of Britain’s 1.5-trillion-pound GDP. Calculations may prove challenging. To measure prostitution, statisticians will have to tabulate up the value of things like brothel rental, condom sales, makeup and the clothing of sex workers. For illegal drugs, the ONS will examine production and sales of crack cocaine, powder cocaine, heroin, cannabis, ecstasy and amphetamines.
“Queen Elizabeth II the largest landowner on Earth.” Queen Elizabeth II, head of state of the United Kingdom and of 31 other states and territories, is the legal owner of about 6,600 million acres of land, one sixth of the earth’s non ocean surface. She is the only person on earth who owns whole countries, and who owns countries that are not her own domestic territory.
TASMANIA "Australia is a sovereign State, it can do whatever it likes," he said. "The INCB didn't stop the United Kingdom or Portugal from growing poppies."
Tasmania is the world's largest producer of legally grown opium for the pharmaceutical market. About 500 farmers grow the crop supplying the market with about 50 per cent of the world's raw material for morphine and related opiates. Opium processor Tasmanian Alkaloids is owned by parent company Johnson & Johnson. Poppy Growers Tasmania president Glynn Williams crop could create a $100 million industry for the State within a decade. "Tasmania was chosen to grow poppies because of its climate and secure location – those reasons still remain." The decision to grow poppies on a commercial scale in Victoria would become a Federal issue because Australia is a signatory to the International Narcotics Control Board (INCB) – the controlling arm of the United Nations Drug Conventions.
Johnson & Johnson.patented a poppy variety called "Norman" which was stated, in the 1999 Tasmanian Alkaloids Poppy Grower’s Bulletin to be the first variety lacking morphine and codeine, while still containing thebaine and oripavine. This variety went into commercial production in 1998. The company's processing plant is in Westbury, a town west of Launceston in the State’s north.The company is licensed by both the Australian federal and state governments to carry out its opiate processing work.
The 30 Year Rule
That’s the rule that says we’re allowed to find out (most of) what government has done to us but only after a long enough period of time that there’s nothing we can do about it.
And one of the “revelations” that has the usual suspects hopping up and down as if to ask teacher if they may leave the room is that Thatcher, and other cabinet members, were worried that deregulation of the City of London (that’s the UK euphemism for our wholesale financial markets, as “Wall Street” is for the US) could or would lead to an increase in unethical behaviour, possibly even outright fraud.
The politicians of those days did actually understand the problems they were facing and at least attempt to deal with them. And here is one of the usual suspects complaining about it all: “And then we get days like today, when thirty year old cabinet papers are made available in the National Archives and we realise that this is not the case: hardship and chaos are imposed by the Tories by choice. The first example is from the FT and relates t the ‘Big Bang’ in the City, which did, of course, inexorably lead to the chaos of 2008 from which we are still suffering.
As the FT put it: David Willetts, who was in the policy unit of 10 Downing Street, told the prime minister in a memo in 1985 that sudden financial deregulation could lead to “unethical behaviour” and ultimately to “boom and bust” as banks became more competitive. “Some things were bound to go wrong,” he said in a memo. But John Redwood, head of the policy unit — and a future minister — reassured the prime minister that greater competition would minimise wrongdoing in the City.
Pragmatism failed: dogma ruled and disaster followed.
What the Thatcher government actually did is bring in statutory regulation of the City for the first time.
They recognised that it wouldn’t be a club anymore and could not be regulated like one, with blackballing and refusal to deal with cads. Instead the law had to become involved:
“The FSA was incorporated on 7 June 1985 under the name of The Securities and Investments Board Ltd (“SIB”) at the instigation of the UK Chancellor of the Exchequer, who was the sole member of the company and who delegated certain statutory regulatory powers to it under the then Financial Services Act 1986.
The actual truth is that “deregulation of the City” was a deregulation of prices and ownership accompanied at the same time by a considerable expansion in statutory regulation. So it’s possible to claim that what, if anything, went wrong later is a result of the deregulation of prices and ownership, or of the deficiencies of statutory regulation, but not of a lessening of regulation itself simply because that’s just not what happened.
BRITIANS BIGGEST SCANDEL IN THE FAMILY
And by the way: Missing file on "unnatural" sexual activity by high ranking UK officials found and Lawyers ask Prince Andrew to respond under oath about claims of sex with 17-year-old girl
The Westminster child abuse ‘coverup’: How much did MPs know?
Claims that the establishment covered up a paedophile ring at the heart of Westminster are finally being investigated, decades after rumours first surfaced. Michael White, who was a parliamentary reporter at the time, asks veteran politicians why no one wanted to believe the worst
Lord Sewel takes drugs with hookers. Outrage. #HSBC defrauds consumers £1bn. Chair is made a Lord & director top BBC job. #HSBCfraud
The flat where Lord Sewel hosted his drug and sex party is in a building at the centre of the police investigation into a VIP child sex ring.
Officers began looking into claims last year that for years, prominent figures including VIPs, Whitehall officials and MPs plied young boys from local care homes with alcohol before ferrying them to flats at Dolphin Square where they were abused. Lord Sewel has a studio apartment at the 7.5-acre estate in Pimlico, central London, which is popular with MPs and peers because it is a short walk from Westminster. There is also a restaurant, spa and fitness centre. One victim of the historic abuse allegations, which date back to the Seventies, told police he had visited Dolphin Square at least ten times. Former home secretary Leon Brittan, who died in January, was accused of hiding a dossier naming eight MPs as members of the sex ring. Cyril Smith, the former Liberal MP, and Sir Peter Morrison, Margaret Thatcher’s private secretary, have been implicated.
Sewel resigned last night from his role enforcing standards and conduct in the Lords – a role in which he wrote about breaches of the membership code and the need for sanctions against those who break them. He has noted that ”no system of regulation can be perfect” and that the small number of peers who misbehave should be punished.
60 Minutes investigates alleged Westminster paedophile network
PART 1 "I smell rats of the highest order." A 60 Minutes Special Investigation exposed the dark secrets of Britain's most powerful men.
While the allegations against at least 10 current and former MPs and subsequent cover-ups are so explosive that it eventually led to a British parliamentary inquiry, Mr Coulthart says it should be front page news almost every day, yet he says it isn’t. “I have been gobsmacked that this has not been a front page daily news scandal,” Mr Coutlhart said. “One of the reasons why we decided to do this story was because we couldn’t believe that so much of the English media wasn’t. I think to a large degree a large percentage of the British media has been complicit in covering it up. It is the very worst tradition of British establishment political corruption. The institutions of state have been corrupted in order to protect the rich and powerful.”
INCREDIBLE, extraordinary and utterly unbelievable. That is how 60 Minutes reporter Ross Coulthart describes what he sees as one of the biggest political scandals in UK history. But it’s not just the allegations that for decades MPs, Lords, and secret service officers were part of a highly organised paedophile ring that left the seasoned reporter without words. It was the views of paedophile advocate Tom O’Carroll. As part of their investigation into the Westminster paedophile network, the 60 Minutes team spoke to the controversial figure who believes having sex with children should be legal. “I don’t think I have ever seen an unrepentant paedophile speaking candidly about their beliefs and their lusts before,” Mr Coulthart tells news.com.au ahead of the program tonight. “It really is very confronting because you realise in their own minds they genuinely believe that what they are doing is not wrong. “One of the arguments that he makes is that the trauma that children suffer when they have sex with adults is not caused by having sex with adults. He claims the trauma is caused by the fuss that is made by police, parents and by government agencies and he says if paedophiles were just left alone to have sex with kids everything would be fine because children can consent to sexual relations.
British police officers who told the program they were told to drop their inquiries against high-profile figures such as former Labour MP Lord Greville Janner. One of the glaring allegations to surface in recent weeks is that the UK Crown Prosecution Service admitted that it had enough evidence to charge Lord Janner with sex crimes against boys three times over the last 25 years. He has always denied the allegations. However it is unlikely, Lord Janner, 86, who suffers from dementia, will ever face court.
Theresa May has refused to say whether she asked MI5 about why it failed to act on suspicions that a senior MP was a paedophile.
The home secretary – responsible for the domestic security service – ducked questions about the disclosure that the security services feared an unnamed MP had “a penchant for small boys” but accepted his denials, apparently because it feared causing political embarrassment to Margaret Thatcher’s government. Documents released on Wednesday showed that the former director general of MI5 corresponded with the cabinet secretary, Sir Robert Armstrong, in 1986 about the concerns. The letter from Sir Anthony Duff to Armstrong said: “At the present stage … the risks of political embarrassment to the government is rather greater than the security danger.” Leon Brittan among senior Westminster figures named in new child abuse files The previously unreleased files also referred to figures including Thatcher’s former home secretary, Leon Brittan, her parliamentary private secretary, the late Sir Peter Morrison, former diplomat Sir Peter Hayman and former minister Sir William van Straubenzee.