The Financial Conduct Authority has accused Sunday Telegraph journalists Ben Martin and James Quinn of attempting to launder RBS’s reputation despite several reports by Buzzfeed, The Times, The Daily Telegraph, and BBC Newsnight, of RBS’s rampant and widespread criminal behaviour.
RBS knowingly missappropriated its SME customers’ assets to improve its capital ratio and meet regulatory requirements in what the banks executives themselves referred to as their own ‘dash for cash’.
The Daily Telegraph has form when it comes to lying to its readers. Former chief political correspondent Peter Oborne quit in early 2015 over its unwillingness to report accurately on HSBC fraud.
Martin and Quinn’s piece this morning gives RBS a headline and a platform with which to pretend that the GRG allegations are all false despite overwhelming evidence that RBS knowingly defrauded its SME clients.
The FCA say they are not in a position to comment on GRG till they publish their findings.
When that will be remains anyone’s guess.
So we have the ugly prospect of two sets of state employees continuing to score points against each other by withholding and ignoring the truth about their own involvement in withholding and ignoring the truth.
The mind boggles at the unfathomable depths to which these civil servants will plumb in order to prevent justice and transparency and protect the shadiest part of the state’s fraudulent investment portfolio.
Is it morally right to cannibalise your own citizens if you do it via the people’s de facto sovereign wealth fund?
Innocent British businessmen were sold ‘protection’ on loans they took out with the bank but unknown to them the small print stated they were on the wrong side of an unlimited downside spread bet with the bank in which they had unwittingly remortgaged the roofs over their families’ heads.
Given that fraud is the banking industry’s business model all this should not come as a surprise.
Carney’s resignation announcement will come just weeks after Amber ‘Ayatollah’ Rudd announced a migrant crackdown at the 2016 post-Brexit Tory Conference.
Rudd has since backtracked on plans to force firms to publish lists of migrant workers.
It was joked at the time that Rudd would be personally accompanying the border agency for its dawn raids on Threadneedle Street.
The government is currently in disarray over its post Brexit plans with May and Rudd keen to out-Brexit the Brexiteers on xenophobia.
Chancellor Hammond is the only one who is sticking to his guns about making the economy work but has his work cut out convincing May and Rudd to ease up on Carney and on their crusade to make life as uncomfortable for foreign workers and their employers as possible.
Not since 2001 have the Tories been in such disarray.
It is unfortunate that their friends in the media are doing so much to shield them from paying for the consequences of their actions.
The political journalists that allow the Tories to get away this are committing treason.
That’s right, according to Ridley, just as in John Stauber’s classic 1994 book on PR, “Toxic Sludge is Good For You!!!”, we should be burning more fossil fuels if we are serious about surviving as a species.
When views like these are circulated by Times columnists and Lords, it is no wonder we are heading straight to armageddon.
(Clarification: Ridley was not ‘awarded’ his title – he is a hereditary peer.)
Another Tory Peer and Times columnist, Lord Finkelstein, usually manages to sound quite sensible on most things but even he told me that Ridley is not a denier:
@financialeyes Thank you. It’s just that a columnist doesn’t write or determine splash stories. Also Matt isn’t a denier. It’s very hard for
It’s true that the Times is owned by Rupert Murdoch who has backed Brexit and UKIP in his Sun Newspaper, and done more than any other press baron to bring about the rise of the American Tea Party which has led to Donald Trump.
Should it be a surprise that we are on the road to Armageddon?
Given his animosity toward Podesta and climate ‘alarmists’, it’s obvious that Ridley, like Murdoch, is a Donald Trump and Brexit man.
Knowing that people like this are running opinion forming publications and shaping key legislation, even a child would spot the undemocratic factors that bring megalomaniacs like Trump to power.
We are being run by a suicidal death cult who are quite prepared to take the entire planet under.
In the Mahabharatha the new King Yudhithistra was persuaded to bet the entire kingdom on a rigged game of dice.
The likes of Trump, Murdoch and Ridley have decided that they too will take us under.
Who knows why?
An unresolved sense of inadequacy?
Next to the Hillary article is a piece on how ‘self employed’ Uber drivers are now ‘workers’ under UK employment law.
Are the Guardian right behind the Uber drivers in their fight for regulation in a deregulated precarious industry?
Or campaigning against the entire Uber business model which pits Black Cab drivers, in London, who have spent 3-4 years studying ‘the Knowledge’ to know their way around London’s streets, against increasingly underemployed deregulated Uber drivers.
The climate angle of having more drivers on the road remains unexplored.
As do the employment implications of driverless cars.
Instead this Guardian story focuses exclusively on employment law.
The bottom of the page contains a Greenpeace fundraising advert.
Encouraging Guardian readers to leave Greenpeace money in their wills.
Cutting family out of wills in favour of NGOs and polar bears sounds like a radical left wing increased wealth tax.
As a trust themselves, the Guardian owe their existence to private wealth.
The back cover of the paper features an advert for a Peugeot SUV.
The SUV is aptly driving through a rather large puddle.
‘CONTROL BUILT IN’ reads the slogan.
As the SUV leaves the back page puddle behind, it is about to smash into the ‘Be cold hearted.’ Greenpeace slogan over on the front page.
(When fully spread out and at ease, just as in politics and banking, the back and front become the left and right, and sit quite comfortably next to each other, agreeing on far more than on what they disagree.)
And then it will career into the Polar Bear itself.
Red gas guzzling French SUV sponsored by Total, another oil company, murders cuddly innocent furry white polar bear.
Like the way Trump has successfully attacked Hillary from the left.
CONTROL BUILT IN vs Be coldhearted.
‘Be controlled by the viagra-popping driverless racist rapist Trump / Clinton machine!’
Greenpeace on the front and Total on the back.
Says it all.
You can’t escape the logic of the game – however creative your imagination.
The Guardian continues to walk the line between climate denial and warmongering ‘green’ colonialism.