FOUNDATION X

WHO OR WHAT IS FOUNDATION X ?

HAS IT TRIED TO BUY THE BRITISH GOVERNMENT ?

So when an eminent member of the House of Lords stands up six hours into a debate and blows the gaff on a shadowy foreign Foundation making a bid to buy the British state, and this is recorded in Hansard, one tends to sit up and take notice. And one takes even more notice when His Lordship tip-toes around actually naming the Foundation in question, especially after the throw-away about money-laundering for the IRA on behalf of the Bank of England. Parliamentary privilege only stretches so far, it seems, and Foundation X is beyond its reach. I'm going to quote at length below the cut — if you want to read the original, search for "1 Nov 2010 : Column 1538" which is where things begin to tip-toe into Robert Ludlum territory.
http://www.antipope.org/charlie/blog-static/2010/11/conspiracy-theories.html

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Taken from HANSARD (Thanks to TPUC for HANSARD details)

For the past 20 weeks I have been engaged in a very strange dialogue with the two noble Lords, in the course of which I have been trying to bring to their attention the willing availability of a strange organisation which wishes to make a great deal of money available to assist the recovery of the economy in this country. For want of a better name, I shall call it foundation X. That is not its real name, but it will do for the moment. Foundation X was introduced to me 20 weeks ago last week by an eminent City firm, which is FSA controlled. Its chairman came to me and said, "We have this extraordinary request to assist in a major financial reconstruction. It is megabucks, but we need your help to assist us in understanding whether this business is legitimate". I had the biggest put-down of my life from my noble friend Lord Strathclyde when I told him this story. He said, "Why you? You're not important enough to have the answer to a question like that". He is quite right, I am not important enough, but the answer to the next question was, "You haven't got the experience for it". Yes I do. I have had one of the biggest experiences in the laundering of terrorist money and funny money that anyone has had in the City. I have handled billions of pounds of terrorist money.
http://www.tpuc.org/content/you-might-find-interesting

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Who are/is FOUNDATION X ?
What are/is FOUNDATION X ?

HOIST BY HIS OWN PETARD

The news that Phil Woolas has had his election overturned for misrepresenting his opponents is a good news story for democracy, albeit a small step.
By making misleading statements about his Lib Dem opponent he has lost his seat and job.

How many times have our candidates been misrepresented as fascists or even Nazis when their policies have only been to protect our culture? We have often been smeared by these unjustified allegations in spite of our commitment for true democracy and our opposition to any form of coercion or violence.
I am pleased with this result being a small step in prohibiting the slander to which we seem to be repeatedly subject. Hopefully it will make the other parties a bit more careful and circumspect when attacking us.
The Lib Dems of course have the financial clout to bring cases such as this, aided sometimes by donors of dubious repute but I'm sure in future we will use this judgement to defend ourselves.
"As ye sow so shall ye reap" to coin a phrase.

So, Lib Lab Con you will have to be a bit more careful in future before your opening your lying mouths.

Be careful, we will be watching.