The Sovereign Voice ITNJ Commemorative Issue - Page 47

journalists’ duty to inform (protected by law disappears from a consolidate balance sheet from inadvertent mistakes by them) is blocked (cost of sales), whilst the profit is wrapped by tortured ‘argument’ on privacy and right to in a quoted instrument. This is referred to as family life. ‘privatizing’ profit. Social cost is spread over An essential feature of the apparatus a disparate group, through pensions, tax, incorporating perversity is disablement of withdrawal of essential social support. As there ‘normal’ checks and balances. An example is no mechanism for organizing ‘losers’ they are is the use of ‘complaints’ and exporting the not heard; obstruction to a captivated ombudsman of (v) Although there are a plethora of aspects to the some sort, rather than line management apparatus, as well as variations of well trodden escalation, error handling and issues resolution. paths, there are also well trodden recognised ‘Regulation’ incorporates complaints i.e. the routes. This must be facilitated by those task is to get rid of the complainant rather than operating ‘on the inside’ in order to succeed. resolve the issue. The bereaved are not heard or The inside includes the statutory auditor sufficiently informed with access to a trodden who has the opportunity of access to route for repair. commercially sensitive information to be used Such plethora of devices can be colloquially to his own advantage including for example to known as having ‘skin in the game’ on the ‘stitch up’ directors on sight of default by the part of operators of instruments of perversity company’s bank, broker, insurer. This ploy has together with intent (deceit, malice or both), a been expanded to include external provision of toxic mix. ‘internal auditors’ and joint operations between There is a curtailment void. It is exacerbated the two for mutual gain. by product that puts a money value on The most obvious infrastructure used are wrongdoing (‘fines’) without curtailment. It also the ones which would be the easiest and has a parallel in payments to those stigmatized cheapest to repair. They include: as ‘whistleblowers’ from which intermediaries’ (i) bankruptcy courts (used for humiliating profit, whilst the cover-up of wrongdoing is and public degrading advertising, as well masked, the wrongdoing itself buried; as professionally discrediting, including in (iv) recognizing transactions involving risk regard [potential] witnesses in crown courts); transfer, risk conversion, risk elimination (ii) state registers (integrity is achieved by used together with the above instruments of avoiding automation; if irresistible, integrity perversity. These are inevitably a Ponzi scheme controls are labour intensive); (iii) media/ in that the exit, together with underwriting, websites/subscription services, used to link of the first investors is funded by the networks cross border including territories investments of subsequent newer investors where ownership is secret; (iv) organs of state (cash or activating network or both), including including the courts (especially family courts assumption of risk. and court of protection). Anonymity and ponzi Although there are a plethora of aspects schemes involving perversity have not been to the apparatus, as well as well trodden heard in the courts. Until heard, there will be paths, many devises are shrunk-wrapped and no curtailment; (v) wealth managers including underwritten in the market. The assumed risk tax and fiduciary operations. I.T.N.J