WHY THE VICKERS REPORT IS SO BILDERBERG

As I pointed out yesterday after the release of the final report on the future of banking in this Disunited Kingdom, in which we are not all in this together, despite the fanfare that the report and its proposals were radical, earth shattering etc, there is actually little for the muggins British taxpayer to cheer about.

The banks can still create loadsamoney out of thin air based on our savings and deposits.

The banks can still use our savings and deposits as collateral in their gambling.

The banks can still trade in derivatives based on the financial products created based on our savings and deposits.

At the top level of banking very little has changed. Yes, it appears that in the medium term our savings and deposits could be more secure should a gambling Nazi too-big-to-fail bank, abusing its sacred position, causes another crisis due to trading in derivatives, for example. But why should this still be allowed, despite being identified as the main reason for the current crisis?

The reason is because The Vickers Commission is so Bilderberg.

The number of Bilderbergers in the UK is very very tiny. So how come two of the members of the commission are Bilderbergers, and a third worked for arguably the most important Bilderberg bank developing their global derivatives trading?

Martin Taylor and Martin Wolf are the two members of Bilderberg on the commission. Both have attended Bilderberg several times, so their allegiance to Bilderberg and its principles is thus beyond question.

Bill Winters is the third member of the commission with a weak link to Bilderberg. Winters worked for JP Morgan in London and developed their global derivatives trade. JP Morgan is consistently at the top of the pile for exposure to derivatives. Winters' role in the crisis was briefly addressed by Gillian Tett in her book Fools Gold. Believe me, you do not become so powerful in JP Morgan in London developing derivatives unless you believe in the core Bilderberg principles of using the hard earned money of the ordinary unsuspecting British taxpayer as if it was their own and to hell with the consequences.

So while you raise a half cheer at your hard earned money perhaps being a bit more safe (but only in seven years time), do not forget that your money is still being used to create profits for the people who brought us Nazism and Communism and WW2.