Comment City of London - Corporate Haven (Score 5, Interesting) 244
Once you understand that this is being done by the City of London then it should be clear that this is not the actions of a municipal authority based on a desire to protect citizens, but rather a government of a tiny yet separate legal entity within what we usually call London. This tiny legal appendix (the City of London) is home to only about 10,000 people, but is actually a state within a state owned and operated by large multinational corporations and so its governance reflects what is good for business. Not good for the public, not good for England or Britain, but good for keeping money rolling in.
watch this and you'll understand why this is nothing more than monied interests trying to protect their own. http://www.youtube.com/watch?v=LrObZ_HZZUc
watch this and you'll understand why this is nothing more than monied interests trying to protect their own. http://www.youtube.com/watch?v=LrObZ_HZZUc