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Mark J
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this is why we need trident:

All aboard the Westminster gravy train

 

The main companies involved in Trident are US multinational Lockheed Martin (who produce the missiles), BAE Systems, Babcock & Wilcox and Rolls-Royce – who are involved in the Successor programme – and also names like Bechtel, Honeywell, Raytheon and Serco who are contracted or subcontracted in relation to the current Trident system.

 

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.

 

It may be no wonder then, that the majority of parliament (excluding the SNP and the Green party) are supportive of renewing Trident.

 

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.

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Isreal have a nuclear deterent hasnt stopped half the arab nations waging war on them for th last 40 years has it.

 

And to be fair Israel kicked all their arses including a war on two fronts with Syria and Egypt.

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this is why we need trident:

All aboard the Westminster gravy train

 

The main companies involved in Trident are US multinational Lockheed Martin (who produce the missiles), BAE Systems, Babcock & Wilcox and Rolls-Royce – who are involved in the Successor programme – and also names like Bechtel, Honeywell, Raytheon and Serco who are contracted or subcontracted in relation to the current Trident system.

 

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.

 

It may be no wonder then, that the majority of parliament (excluding the SNP and the Green party) are supportive of renewing Trident.

 

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.

 

Amazing post Treesrus.

Thank you very much for bringing these points to the fore.

I knew the Purchase of these weapons was corrupt but i had no idea how deep and wide it went.

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