"The Canary" is a rather sesationalist left wing publication, but it does make a change from reading right wing rags every day, and here is a rather entertaining article on Trident from last year that raises genuine questions about the Reasons and Finances of the Trident Deterrent system
"
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.
Laughing all the way to the bank
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.
The Dolgorukiy class submarine programme is Putin’s very own Trident. Made by a company called Sevmash, it’s financed by the state-owned Vnesheconombank (VEB) development bank. In turn, VEB bank is financed by a consortium of international banks. These include, of course, Barclays and HSBC.
Essentially, UK multinational banks are playing one big game of “Battleships”, funding both UK and Russian nuclear weapons programmes. Except no missiles will ever be fired, and a winner will never be declared – because that would be unprofitable.
But the most shocking aspect of this is one financial institution so far not mentioned: the Royal Bank of Scotland (RBS).
RBS are also financiers of the VEB bank who fund Russia’s nuclear submarines – and they also invest or part-own seven companies directly contracted to Trident. What is most deplorable about this is the fact that RBS is, of course, state-owned – we bought a 79% majority stake after the 2008 financial crash.
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.
The whole nuclear weapons industry – every disturbed, finger-pointed warning about Russia, every argument about our “national security” – is one mammoth ruse.
We, the taxpayer, are duped into allowing complicit Governments to squander our money on an imaginary threat, which merely serves to make former MPs richer and multinational banks and their wealthy shareholders more money.
The most dangerous enemy facing us in 2016? The lies we are told, under the premise of a threat which doesn’t actually exist."
Is this true or false? there is one truth that I can confirm, the American Company I worked for made munitions for both sides in both World wars one and Two, so there is evidence of "form" for businesses to put profit before morality.
"
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.
Laughing all the way to the bank
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.
The Dolgorukiy class submarine programme is Putin’s very own Trident. Made by a company called Sevmash, it’s financed by the state-owned Vnesheconombank (VEB) development bank. In turn, VEB bank is financed by a consortium of international banks. These include, of course, Barclays and HSBC.
Essentially, UK multinational banks are playing one big game of “Battleships”, funding both UK and Russian nuclear weapons programmes. Except no missiles will ever be fired, and a winner will never be declared – because that would be unprofitable.
But the most shocking aspect of this is one financial institution so far not mentioned: the Royal Bank of Scotland (RBS).
RBS are also financiers of the VEB bank who fund Russia’s nuclear submarines – and they also invest or part-own seven companies directly contracted to Trident. What is most deplorable about this is the fact that RBS is, of course, state-owned – we bought a 79% majority stake after the 2008 financial crash.
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.
The whole nuclear weapons industry – every disturbed, finger-pointed warning about Russia, every argument about our “national security” – is one mammoth ruse.
We, the taxpayer, are duped into allowing complicit Governments to squander our money on an imaginary threat, which merely serves to make former MPs richer and multinational banks and their wealthy shareholders more money.
The most dangerous enemy facing us in 2016? The lies we are told, under the premise of a threat which doesn’t actually exist."
Is this true or false? there is one truth that I can confirm, the American Company I worked for made munitions for both sides in both World wars one and Two, so there is evidence of "form" for businesses to put profit before morality.
