RE: MPs vote to renew Trident weapons system
July 19, 2016 at 12:59 pm
(This post was last modified: July 19, 2016 at 1:00 pm by I_am_not_mafia.)
http://www.thecanary.co/2016/07/18/truth...ing-nukes/
Quote:According to the House of Lords register of interests, around 15% of sitting members are directors of, or shareholders in, companies that are either directly contracted to the Trident programme or invest in it.
Prominent names include Lord Hollick, a Labour Peer who is a director of Honeywell. Lord (William) Hague, chair of the Royal United Services Institute (RUSI). RUSI, who are supposedly impartial US and UK government defence advisors, are sponsored by Babcock, Lockheed Martin, Raytheon and Rolls-Royce.
But one of the most telling individuals is Labour’s Lord Hutton, defence secretary under Gordon Brown. He is an adviser to Bechtel, consultant for Lockheed Martin and chair of the Nuclear Industries Association (NIA). The revolving door (the phrase used to describe MP’s who, once finished in parliament, go into jobs related to their previous role) has never spun so quickly.
Quote:With reference to the role of multinational financial institutions, all the companies listed above, aside from being involved in Trident, share one other common denominator. They are all financed, or owned, by UK banks. Specifically Barclays and HSBC. A report by Don’t Bank on the Bomb details the involvement of major financial institutions in the western nuclear weapons industry.
What this report doesn’t cover, however, is these institutions involvement in Russia’s nuclear weapons industry.
Aside from financing state-owned Russian companies like Rostec State Corporation (heavily involved with the country’s military) via their funding of, and credit trading with, Rostec financiers Novikombank, these banks have directly financed the Trident equivalent in Russia.
Quote:In layman’s terms? We, the public, pay for Trident directly via taxation. We also paid for RBS, directly through taxation. In turn, RBS directly fund (with UK taxpayer money) our “enemy’s” nuclear weapon systems.
Essentially, the UK taxpayer is paying for both sides in this perceived nuclear stand-off.