British media prefer Marine Le Pen to Jeremy Corbyn DESPITE ALMOST IDENTICAL ECONOMIC ARGUMENTS

Rupert Murdoch prefers Marine Le Pen to Jeremy Corbyn as she is, like himself, a racist anti-EU campaigner.

But if you forget about race and look at international trade and financial markets — her views are much more like Corbyn’s than Murdoch’s.

She’s a protectionist.

This is the same direction opportunist Theresa May is now taking when she steals Labour policies.

But May is still a ruthless Tory – paying off her friends in the finance sector while saying she will protect the NHS and public services.

Populism

Nigel Farage was allowed to open the door to ‘populism’ in the UK and, having achieved his aim of getting Britain out of the EU, he is now openly supporting Marine Le Pen.

I wrote about his interview with Le Pen a few months ago which was remarkable because till Brexit he avoided being seen in her company for fear of being called a fascist.

The interview was also interesting because Le Pen referred to how much more similar Theresa May’s policies now are to the Front National’s — and not to Emmanuel Macron’s.

This was even more remarkable for Le Pen because Macron had just been invited to visit Downing Street and she hadn’t.

Downing Street failed to get friendly with Trump before November and now, yet again, they are slow to get to know Le Pen.

But either way, as alluded to in the previous post, Le Pen’s differences with Trump, Farage and Murdoch, and similarity with Corbyn can be summed up in one word: DEREGULATION

Murdoch

Today’s Murdoch-owned Times quotes Marine Le Pen’s father, Jean Marie Le Pen, who founded the Front National, as saying she must act like Murdoch’s friend — Donald Trump.

Mr Le Pen’s anti-semitism is not even mentioned till the eighth sentence.

The very idea that other racism might exist in France is not alluded to even once.

Murdochs and Trumps

Unlike the Blairs before them, we know the Murdochs and the Trumps still get on.

Many Brexiteers love Le Pen as she is anti-immigrant and anti-EU.

Here is Donald Trump Jr retweeting his dad’s friend Nigel Farage:

Here’s the actual video:

Deregulation – The Elephant in the Room

Like Murdoch and unlike Corbyn, Le Pen uses immigration to divide.

Lots of people in the UK are now sceptical about Globalisation – many vote UKIP, Labour, Green, and SNP.

By stealing Labour policies and rhetoric the Tories are picking up plenty of ex-UKIP votes.

With the media’s help they try to convince voters that Blair, Cameron and even Corbyn are far too metropolitan and somehow un-British, and that we  should all get back in touch with our socially conservative inner-Tory.

Many of these voters are against excessive immigration and open borders.

Which Corbyn and Lib Dems are seen as soft on.

We’re constantly told that we want a strong leader. Like May, Trump, or Le Pen.

Now is Le Pen’s time because she goes one further than Corbyn, Sturgeon, Lucas and even Theresa May.

For Le Pen is both fully racist and fully anti-capitalist — wanting total protection of both borders and markets.

She needs to solve France’s unemployment and lack of productivity without acknowledging that the EU has historically protected its borders and markets (often to benefit France!)

Is Le Pen more scared of the Eastern Europeans who’ve used free movement since communism fell; the refugees from US / UK / Coalition operations in Iraq, Afghanistan, Libya, and Syria; or of immigrants who’ve moved to France not because of the EU but because of France’s own kleptocratic African, Asian and Caribbean  adventures?

Deregulation

Unlike Trump, Farage and Murdoch — and very much like Corbyn — Le Pen is fervently anti-Deregulation.

Farage ran a very confused Brexit campaign that focused on Brussels’ authoritarianism and ignored the degree to which Brussels had been infiltrated and in many ways captured by the City of London’s lobby group.

For evidence of this lobbying just look at the EU -US trade agreement TTIP.

This policy was announced by Obama and Cameron in Northern Ireland at the G7 / G8 meeting in 2013 and would have harmonised food, labour and environmental regulation on both sides of the Atlantic.

It’s precisely that model of Anglo-Saxon style capitalism that Le Pen and Corbyn both reject.

Farage just pretended to hate it. He is actually a big fan of the financial services lobby. It’s where he gets his cash.

But still, lots of Brexit campaigners, including Farage, jumped on the momentum that had been generated by the Anti-TTIP movement to push for Brexit.

In France, Le Pen used TTIP to push for her own election.

This is the most irresponsible manner in the way the French election is being covered here in the UK.

There is not enough parallel context being drawn with the UK political scene..

Is Le Pen being praised by the British press simply because our newspaper owners think she is a bit like Theresa May?

EU debate

The way the European Central Bank is run is severely flawed but little discussion of its policies are permitted to take place at any level.

Therefore even though  many people know there is a problem,  our media and politicians don’t permit us the space to discuss it.

Many Labour and Lib Dems seemed to have swallowed deregulation whole and by aggressively campaigning to remain in the EU didn’t permit debate of its flaws.

Jeremy Corbyn  was an exception to that as he said he was against TTIP and deregulation. But he wasn’t given the platform that he deserved.

He was co-opted by the Remain camp.

His biggest failing on Europe was that he didn’t take more of a stand in public over TTIP.

Despite letting people know his views on Trident and Bombing Syria Corbyn never engaged in a public debate with his party about TTIP and so the deregulation lobbyists captured the entire debate.

They’re doing the same with the NHS and PFI.

So despite having some great ideas about taking back control, Corbyn’s project is being treated as a joke while Le Pen’s is taken seriously.

Corbyn’s patriotism is being rejected by the tax-avoiding foreign-owned media in favour of Theresa May’s lies which are designed to mask the looting of the UK public sector by the financial services sector.

Will Labour come up with a plan to save the NHS by prosecuting bankers for fraudulent PFI?

I asked them that very question this week and have been told Labour’s  PFI announcements are due later in the campaign.

I suggested that we need ideas circulating asap in order to persuade people to ignore the spin. But so far no reply.

It’s now or never. I’m still waiting.

 

 

 

 

 

 

 

 

 

 

 

Head of NHS England Simon Stevens may be prosecuted by the Department of Justice for defrauding the US taxpayer of hundreds of millions of dollars

Defrauding Families in the UK

The following story about overcharging at private care homes appeared on page 2 of yesterday’s Daily Mail – before the announcement of the ‘snap election’:

Similar Strategy in the US

This story has many similarities to  the US Department of Justice’s investigation into US Health Insurer United Health’s pilfering of the American public purse in its Medicare programme.

Simon Stevens

The man who ran the Medicare programme when UnitedHealth allegedly overcharged the American taxpayer by hundreds of millions of dollars was Simon Stevens – current head of NHS England.

According to his current LinkedIn Profile, Stevens was Chief Executive Officer, UnitedHealthcare Medicare between 2006 – 2009

His CV goes on to say:

America’s leading seniors health company, with $30 billion revenues and serving one-in-five Medicare beneficiaries nationwide in partnership with AARP – the world’s largest voluntary organization. Launched the largest Medicare Part D benefits plan, also managing the largest Medicare-focused PBM.

Here’s a screenshot from LinkedIn: 

 

Conflict of Interests

So if Simon Stevens knew about the multimillion dollar fraud cases that took place on his watch – did he  declare or disclose any of this to Secretary of State for Health, Jeremy Hunt, or to NHS England?

It is now in the public interest for all correspondence between Simon Stevens, NHS England and Jeremy Hunt prior to his 2014 appointment to be made public.

Corporate Takeover

Stevens advised the Department of Health and Blair throughout the period when the NHS was using PFI to build hospitals. So he basically aided and abetted the bankruptcy of the NHS and now looks to be finishing off the job.

Election Issue

This ought to be an election issue. I hope Shadow Health secretary John Ashworth raises this conflict of interests during the campaign.

Can such an individual be trusted to look after the NHS?

Nepotism trumps Feminism at the Bank of England

If you want to know what makes Britain tick, take a look at the Bank of England.

Interlocking directorships and the Old Boy Network still dominate public life as its recent appointment of Charlotte Hogg reveals.

But few media commentators ever refer to this as a problem. In a recent book – Trust, Power and Public Relations in Financial Markets, Dr Clea Bourne – refers to ‘organised silence’.

Charlotte ‘I wrote the rulebook’ Hogg

Charlotte Hogg, Deputy Governor of the Bank of England (BoE), was appointed the Bank’s Chief Operating Officer in 2013 but never, despite being asked about potential conflicts of interest, disclosed that her brother is a Barclays director.

When she appeared in front of the Treasury Select Committee (TSC) to discuss her recent promotion Hogg said she was well aware of the Bank’s code of conduct — quite apt given she wrote it.

You’d think the daughter of two members of the House of Lords might have more respect for protocol.

It turns out that Hogg’s brother, Quintin, is the least interesting member of the family.

Charlotte Hogg’s mum Sarah Hogg aka Viscountess Hailsham was head of John Major’s Policy Unit in the 1990s — where the controversial Private Finance Initiative (PFI) that has virtually bankrupted the NHS was pioneered.

Sarah Hogg then wrote a book about the Major Years with David Cameron’s recent EU Finance Commissioner & PR Man Jonathan Hill.

Drain the Moat

Charlotte Hogg’s father Douglas Hogg aka Lord Hailsham was himself a Cabinet Minister as well as MP to Mrs Thatcher’s home town of Grantham.

Douglas Hogg was also one of the most prominent offenders in the 2009 parliamentary expenses scandal.

He charged the  British taxpayer upwards of £2000 to clean the moat of his country estate.

Grantham Uncut

Incidentally Grantham’s Hospital’s 24 hour A&E department service was severely reduced in August due to staffing problems at neighbouring hospitals.

Ultra Nepotist Lectures Diversity

Charlotte’s mother Sarah Hogg joined the Financial Conduct Authority board in April 2016

Here she is speaking at a Business Department Select Committee on Executive Pay and Diversity in the Boardroom.

She opens by stating that she is a member of the Takeover Panel, Lead Independent Director of HM Treasury and a non executive director of John Lewis Partnership (since 2011).

Is it right for public institutions in a so called democracy to be run by such a tiny clique?

I wonder what HSBCFraud whistleblower Nicholas Wilson has to say about these FCA, Bank of England, Treasury, and John Lewis connections?

After all John Lewis Partnership Credit Cards are run by HSBC and they’ve made a lot of money defrauding their customers.

According to her CV, Charlotte Hogg was also on the board of BBC Worldwide from 2010 to 2013.

From 2002 to 2010 Sarah Hogg was Chairman of 3i, the Bank of England founded private equity firm that bought Barclays’ highly lucrative PFI Infrastructure business in 2013.

But Barclays and 3i were already collaborating on University PFI projects under Sarah Hogg’s 3i Chairmanship.

Hogg was able to draw on the knowledge and contacts she had built up when pioneering PFI at John Major’s Policy Unit.

Their joint venture eventually became University Partnerships Programme (UPP) — now known to be rip off merchants who market and lobby for increased student debt under the guise of enhanced choice and high quality student experience :

It turns out that Hogg was first recruited for the Chief Operating Officer role at the Bank of England by Virginia Bottomley’s headhunting firm.

Former Health Minister Bottomley is current Health Minster Jeremy Hunt’s Aunt.

So there you are. A very brief tour of the Hogg’s interests.

Below are a few more articles about Charlotte Hogg.

Guardian Piece from 2013 on Charlotte Hogg’s Connections

 

More on the débâcle:

 

 

 

 

 

 

What happened to that €1.1 trillion ?

stealing QE

Those whom the gods wish to destroy, they first make mad.

Handing €1.1 trillion of public money to ANONYMOUS bankers with no publicly available audit trail is an act so corrupt as to be beyond comprehension.

Yet that is what has happened to residents of that well known museum — the European Union.

Inventing Money

The European Central Bank, owner of the world’s third biggest money printing machine — behind the Federal Reserve’s and the People’s Bank of China’s — has already printed and distributed the best part of a trillion Euros to private financial institutions in exchange for various bonds over a two year period.

In November 2014 just as they started what became known as their Quantitative Easing (ECB QE) programme, I asked them to publicly state exactly which bonds they were printing money to buy.

Seeing as they were spending billions of euros of public money per month during a time of extreme austerity – it felt normal that EU citizens be told how the money was being spent.

Disclosure

The only information the public had been told at that time was that the ECB were buying repackaged bank loans (Covered Bonds) and Asset Backed Securities (ABSs) in order to stop deflation and maintain inflation at 2%.

Despite the simple nature of my request — I asked for a country by country, bank by bank, product by product breakdown including ‘ISIN’ Codes for what the ECB had been buying — the bank refused to disclose the full nature of its holdings.

Decision

This week, more than a year and a half after I originally asked them, the ECB — and the European Ombudsman — ruled against my appeal for transparency.

Click below for the link to the EU Ombudsman decision on the case:

But the question remains: What happened to the money?

Groupthink

Bizarrely the woman who runs the European Ombudsman, Emily O’Reilly, has a reputation for being a fair-minded adjudicator.

This week the Irish papers portrayed O’Reilly as a friend of transparency who had rebuked the Irish Central Bank and the ECB for not publishing their correspondence during the Irish Bailouts of 2010.

If only those newspapers had known how O’Reilly has sided with commercial confidentiality and non-disclosure of the multibillion Euro QE recipients.

O’Reilly ruled in favour of the ECB without once consulting me — the complainant — to find out why I had brought the case or to let me challenge the groupthink logic of her flawed judgment.

Too little, too late

Ironically on the date of the ruling (18th July 2016) the ECB itself announced that another slice of its QE programme, the Corporate Bond Purchase Programme, would publish its ISIN codes.

This is a screenshot of the paywalled Financial Times story with the announcement about the new stance on ISIN codes.

ft ISINsHow funny that I had to wait 18 months to get a definitive ‘no’ on receiving the ISIN codes for the Covered Bond and ABS QE programme, only for the Corporate Bond Purchase Programme to publish its ISIN codes on the very same day.

A Pyrrhic Victory perhaps?

Time will Tell.

Corruptissima respublica, plurimae leges

The most corrupt state, the most laws – Tacitus

My feeling is that the ECB don’t want to the public to know how much they are protecting the very same German financiers that benefited from the ECB’s imposition of austerity, deregulation and privatisation policies in southern Europe.

I believe the worst offender is DePfa / Deutsche Pfandbriefe.

Just as the IRA and Baader Meinhoff are known for their politically inspired terror campaigns in the 1970s so has Deutsche Pfandbriefe exported financial terrorism throughout Europe from its tax avoiding, financial engineering Dublin Headquarters as of the early 2000’s when it re-domiciled to save cash.

ECB QE and commercial confidentiality for public money are the very definition of double standards and, in this case, perpetuate the myth that North Europeans are honest and that everyone else is corrupt.

I appreciate that this is not something many people are willing to accept – such is the scale of our programming.

Just as with PPP / PFI in the UK, commercial confidentiality and financial engineering remain the respectable face of corporate fascism and fraud.

For more adventures in Bazookanomics: