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    MG Rover, shot in the foot by the lot of us

    We are all responsible for the loss of our motor car industry, through our insistence, that ignorance of high finance is our birthright. Anyone who has owned a Rover motor car, knows that we can build the best cars in the world. But that does not mean we know how to finance our skills and keep them financially viable in the modern world.

    Today's commercial warfare is not cricket. It is a dirty game in which there is no Geneva Convention, no place for honesty or ethics, and no respect for human life. All is now fair in love, war and business. We shrug that off as being none of our business and allow lawyers, bankers and politicians to do their worst.

    We end up redundant, but not sweeping the streets. Instead we get a job as a parasitic bureaucrat, a job in a new useless quango or as a new breed of enforcer, giving every fresh whim out of Europe, the steel jaws of a gin trap. We saw four smart boys from the City, strip £40 million out of MGRover for the cost of a £10 ticket. These lawyer's cum bankers conned BMW out off £500 million and blew it. They planned to take China for a ride and even persuaded Tony Blair and Gordon Brown to plead with the Chinese to let themselves be robbed.

    Why do we offer ourselves as sacrificial lambs for gamblers in the stock exchange. Patricia Hewitt MP confessed that there was nothing that she and her colleagues could do to save MGRover from the rocks. I am sure she thought she spoke the truth. She would have done better, to confess that none of them know how to reverse the headlong rush into disaster and preserve one of our very finest national assets, for our use, as the storm clouds gather, so near at hand.

    We can all sense danger, lying in wait for us, in the path we now travel. We can all see debts going well beyond our ability to ever repay. These things are visible. We are driven to drown our fears in drugs and alcohol. But we have not yet chosen to wake up and observe the fact that the credit industry is booming as never ever before in this country. We have heard it happened in France, but we never thought to see it happen here.

    We allow private financiers to create and issue the pound as credit.

    But we gloss over the fact, that we have no idea what those few words mean. We refuse to see that those few words wipe out our coal industry, our shipbuilding industry, farming and fishing and motor manufacturing. At the same time we inflate a Government that cannot govern, into an all devouring monster, which will tax us into extinction. You may well ask, how does a harmless little trick, such as counterfeiting our currency, cause so much damage. Well I will tell you.

    Whosoever creates and issues our currency has total control, power, dominion and sovereignty over us. Counterfeiting money should be a criminal offence, it is done by criminals.

    Appointing criminals to run our lives, is shooting ourselves in the foot.


    Doctor Edward C Hamlyn MBChB