London , all you need to know.

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posted on Dec, 6 2011 @ 09:11 PM
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This info details the reason why London is the money centre of the globe, read on and suspend your disbelief ,

Also known as the Square Mile (it’s actually 1.22 miles square), The City of London is mysteriously exempt from the rest of Britain’s democracy. It operates as a small independent unit within the rest of the capital, a bit like the Vatican in Rome, albeit without the statehood. It doesn’t have a local council – it’s run by the City of London Corporation. Boris Johnson is the elected Mayor of London, but he has no jurisdiction over the City – it has it’s own Lord Mayor, based out of Mansion House.

The Corporation pre-dates Parliament, and so doesn’t really see itself as answerable to the British government. Technically, it has a similar status to Britain’s offshore territories like Jersey or Guernsey, and it has a long history of exempting itself from UK law. As long ago as 1086 it could be found declining to take part in the Domesday Book survey, and every attempt to integrate it or reform it, over centuries, has been thwarted.

The City operates according to its own political code. It has a full-time representative in the House of Commons, and has done since 1571. He’s called ‘the remembrancer‘, who is tasked with “maintaining and enhancing the City’s status and ensuring that its established rights are safeguarded.” The remembrancer, currently Paul Double, is the only non-MP who gets to sit in Parliament.

A full time seat in parliament isn’t the City’s only privilege. It retains the right to meetings on demand with the Queen. The Prime Minister must meet with the corporation within ten days if they request a meeting. It is extremely wealthy, and does not declare its earnings. And it has the right to entertain foreign dignitaries and run international trade delegations.
Perhaps most bizarrely of all, it’s the only place in Britain where corporations get to vote. Most of the area is commercial, so the local authority has extended votes to those that work in the area as well as those that live there. Only 9,000 people actually live within the district, but there are 23,000 corporate votes. When it comes to local elections, corporations outnumber citizens. As Nicholas Shaxson points out, “Goldman Sachs, the Bank of China, Moscow Narodny Bank and KPMG have been voting in British elections.”

This arcane little mini-empire is the world’s biggest financial hub, with half of the world’s trade in equities, 45% of derivatives trading and 35% of global currency trading. The fact that it is essentially independent from the rest of the economy is key to its success, as it operates as a quasi-tax haven at the heart of the economy.

OK so these are the bullet points ,

1. Exempt from the rest of Britain’s democracy.
2. Boris Johnson is the elected Mayor of London, but he has no jurisdiction over it.
3. The Corporation pre-dates Parliament, and so doesn’t really see itself as answerable to the British government.
4. The City operates according to its own political code.
5. A full time seat in parliament isn’t the City’s only privilege. It retains the right to meetings on demand with the
Queen. The Prime Minister must
meet with the corporation within ten days if they request a meeting.
6. It is extremely wealthy, and does not declare its earnings.
7. When it comes to local elections, corporations outnumber citizens. Goldman Sachs, the Bank of China, Moscow
Nardonay Bank and KPMG have been voting in British elections.

The UK / USA ,

The United States is a private corporation owned by the British Crown (Rothchilds), the Bank of England (Rothchilds) and the Vatican (Rothchilds again). It was previously called the Virginia Company until 3/9/33 when it was dissolved by Roosevelt under the Emergency Banking Act. On 5/5/33 Congress elected to dissolve the Gold Standard and Sovereign Authority of the U.S. and all of its official capacities including government offices, departments and officers. The U.S. is a corporation, not a nation. The Federal Reserve is neither Federal, nor a Reserve. It is a private counterfeiting organization run by Jewish bankers who lend the money they print out of thin air at interest while we keep on paying these criminals to fleece the People.



Waiting for feedback from members on this info.






 
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