Tuesday, November 01, 2011

The medieval, unaccountable Corporation of London is ripe for protest @Guardian http://gu.com/p/333xb

Daniel-pudles-01112011-007

http://gu.com/p/333xb

The medieval, unaccountable Corporation of London is ripe for protest
Working beyond the authority of parliament, the Corporation of London
undermines all attempts to curb the excesses of finance

Excerpt:
If you've ever dithered over the question of whether the UK needs a
written constitution, dither no longer. Imagine the clauses required
to preserve the status of the Corporation. "The City of London will
remain outside the authority of parliament. Domestic and foreign banks
will be permitted to vote as if they were human beings, and their
votes will outnumber those cast by real people. Its elected officials
will be chosen from people deemed acceptable by a group of medieval
guilds …".

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