In this report I cover the major UK banks' call for the UK government to bail out the Carillion Group who is on the hook for almost £1 billion to its creditors. I also talk about how UK lenders are black balling people who have come into crypto currencies windfalls from taking on a mortgage.
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The city of london was created in 1215 and written in to law by the magna carta, clause 13, The city of London shall enjoy all its ancient liberties and free customs, both by land and by water. We also will and grant that all other cities, boroughs, towns, and ports shall enjoy all their liberties and free customs. notice the word ancient only applies to city of london! clause 12 No 'scutage' or 'aid' may be levied in our kingdom without its general consent, unless it is for the ransom of our person, to make our eldest son a knight, and (once) to marry our eldest daughter. For these purposes only a reasonable 'aid' may be levied. 'Aids' from the city of London are to be treated similarly.notice the important word scutage ie, taxes! that is why the corporate banks there pay none but they may pay aid in other ways? they have no liabilities to anyone of thing outside there jurisdiction as they are only governed by there ancient customs and liberties given to them by there anglo saxon kings right back to alfred the great which is common law! the first lord mayor ( an alderman which is anglo saxon) of london was at the very signing of the mc1215 at runnymede hes name was william hardel and was the only anglo saxon baron out of the 25 who attended king john marking hes seal on the document the other 24 where norman, even today all new lord mayors have to be aldermen, you could say the city is beyond the rule of parliament, and i think you could be right? but you know they have there own man the remembrancer who sits alongside the speaker to remind them who is perhaps really in charge? sorry for the long comment and lack of paragraphs dont know how do this without hitting return? i have my own theory that as to do with the battle of hastings on how this all came about and why? anyways hope you read this maneco64 and it helps you to join a few dots as well as it did me cheers :)
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@andrewskelton I have read it all and have found it fascinating. The City of London Corporation as you said is an independent sovereign entity. Notice how the Lord Mayor even stands one step above the Queen in one of the photos in the article from the Daily Mail. http://www.dailymail.co.uk/news/article-2310618/Off-head-Queen-comes-cropper-Lord-Mayor-swings-sword-dangerously-close-monarch.html
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yes indeed maneco64, i noticed he kept his Baselard under his gown out of sight unlike one of his predecessors william walworth who did not and run the peoples champion wat tyler through at smithfield's during the peasants revolt.
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F**k the criminal banking scum. I have more respect for the piece of dog shit occasionally on my shoe than I do for any banker. We need to start trading peer to peer out side of their system as soon as possible and cut the synagogue of Satan out altogether.
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please vote my comment, because your vote is very valuable to me
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@wandaleon Thanks for commenting on my post. I will also follow you !
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thank you for following me, success for you
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Thanks for sharing this informative report. Good video, Just watching @maneco64
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Thanks @isabellalilly. Will follow you too.
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Happened here in Israel, many times, most recently with Teva. it's a HUGE pharmaceutical company, international. they incurred tons of debt and had to restructure, the workers begged the government to intervene. but Teva rejected the government's offer and started laying people off, they didn't have to cut workers here but it's more profitable for them to fire Israelis with good pay rather then Indians or Americans even. the trouble begins and end with the banks- they consolidated, gave Teva massive amounts of credit, lobbied the government to give Teva discriminatory treatment (huge tax write-offs), and now they're eating away people's pensions. the banker class need to be put on a tighter leash IMO.
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I think all businesses and banks included should function in a free market and a small government environment. If government is minimal it does not get involved in the economy. I think governments should administer the rule of law and protect borders and that is about it. The smaller the government the less the chance of corruption between big business and politicians.
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GREAT POST! I will be following
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Hi @bornprince, Thanks for the interest!
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Always welcome!
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And I'll follow you
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thanks for your very useful post @maneco64 i look forward next one
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I love this economics article
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Well, bankers were always after us. But lately, last few years it really got bad. It is clear, there is conquering of the world by bankers going on. They are so greedy that their greed just may start some revolt at some point. And they know it, that's why there is clamp down on democracy going on.
Tough times are ahead of us. And most people don't even realize it :-(
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There fiat empire is about to collapse. The "Bitcoin Spring" of "Crypto Spring" will not be put down using there dictatorial shenanigans. The blockchain will have an alternative to there crappy mortgage leeching system. NO MORE BAILOUTS.
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Love the post and very accurate. Keep up the good work.
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You already know, the Bankster's are choosing the winners. Capitalism, haha! The current model is not based on merit.
They are directing the money in ways that preserve the status quo.
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