[DemolitionRed]

Nobody has yet mentioned the City of London which is a huge pocket of resistance to democracy. Its an institution that dates back many hundreds of years and its still entrenched in its practices and privileges. It has its own lobbyist who sits next to the Speaker in the House of Commons. Surely if we have a city/corporation which has its own internal vote and carries such huge influence over parliamentary financial decisions, we can't live in a democracy? When it comes to diversifying the British economy towards things like manufacturing and global warming, the City of London digs its heels in.

Chatham House rule over many of the decisions and new policy that is presently made in Parliament and Chatham House btw is all off the record. Its a place where statements, agreements and promises made on behalf of the British people are kept hidden from us.

The last time I looked, there were 134 Tory MPs employed within the financial section of the City and some of those MPs are leading financiers within the City. Lord Brittan, former Conservative home secretary is vice chairman for UBS investment bank and still advises government on trade. Tim Luke, once senior advisor to Cameron is now one of the big guys in Barclays Capital and Ivon Rogers was another senior in Barclays Capital and Citigroup before becoming Cameron's Advisor

The question is, do we really want people like this to have huge political influence? because whilst representing the nation of Britain, their only real interest is protecting their casino operation and their indulgent financial independence.

Until the City of London surrender their economic power over Britain they will remain a stain on British democracy.

[Kizzy]

Originally Posted by DemolitionRed

Nobody has yet mentioned the City of London which is a huge pocket of resistance to democracy. Its an institution that dates back many hundreds of years and its still entrenched in its practices and privileges. It has its own lobbyist who sits next to the Speaker in the House of Commons. Surely if we have a city/corporation which has its own internal vote and carries such huge influence over parliamentary financial decisions, we can't live in a democracy? When it comes to diversifying the British economy towards things like manufacturing and global warming, the City of London digs its heels in.

Chatham House rule over many of the decisions and new policy that is presently made in Parliament and Chatham House btw is all off the record. Its a place where statements, agreements and promises made on behalf of the British people are kept hidden from us.

The last time I looked, there were 134 Tory MPs employed within the financial section of the City and some of those MPs are leading financiers within the City. Lord Brittan, former Conservative home secretary is vice chairman for UBS investment bank and still advises government on trade. Tim Luke, once senior advisor to Cameron is now one of the big guys in Barclays Capital and Ivon Rogers was another senior in Barclays Capital and Citigroup before becoming Cameron's Advisor

The question is, do we really want people like this to have huge political influence? because whilst representing the nation of Britain, their only real interest is protecting their casino operation and their indulgent financial independence.

Until the City of London surrender their economic power over Britain they will remain a stain on British democracy.

Well well, never a chance of any democratic vote if a significant percentage the MPs and the lords are stool pigeons for the banks. They'll block any legislation due to a conflict of interest how ethical is that in a democracy?

[DemolitionRed]

Originally Posted by Kizzy

Well well, never a chance of any democratic vote if a significant percentage the MPs and the lords are stool pigeons for the banks. They'll block any legislation due to a conflict of interest how ethical is that in a democracy?

Exactly. The saying, "better the devil you know than the devil you don't" is just not true when it comes to democracy!