The case for sovereign debt restructuring

James Ware

Notes
1) The United Kingdom is a united economic zone since 1707 / 1801 set from Westminster Through crown empowered agencies of historically varying nature. It is federal to the minority peoples of Scotland, Wales and both communities of Northern Ireland through nation based devolution. The Human rights act extends that to the rest across the UK but there is no English Parliament yet.
2) It has outlying islands that are presently tax havens not under full parliamentary jurisdiction, being crown dependant territories
3) It has a Commonwealth that seeks to promote human rights, democracy and the rule of law. These states are ex colonies and overwhelmingly democratic and at present in their own way more prosperous than the EU as they invest in it similar to other European Union member states
4) They all work within the IMF and world bank and the UK advises the European Union and other institutions of the world to ensure that never again includes the removal of genocide, arms and people trafficking, WMD, mercenaries and anything eevil under truth reconciliation through the United Nations and the International Criminal Court, advised by faith communities and intergovernmental groups across the world and whole world based.

Believes
1) That therefore the United Kingdom is still the best country, with support from the Irish republic and co-operation through the British Irish Council, to advise the way forward out of the Eurozone crisis as all their fiscal institutions and micro economic stability is based on this
2) Banker bashing is therefore pointless as the Bank of England and others all work within written regulations and guidelines for the fiscal measures in which they operate
3) As such I can’t get my job back as a temporary employee and have to apply online like everyone else in the age of austerity and use my freedom pass (disabled) as a travelcard for voluntary work and blogging from libraries. Demonstrations are therefore pointless on this point. I am therefore better off as a politician and essayist on my blogging subjects, and getting ordained.

Further notes
1) This is due to the fact that in capitalism the United Kingdom has one regulatory body for all financial matters now since 2010
Suggests
2) As a future model it could deliver this as a unified federal territory or Ireland reunited in the Commonwealth with Uk and Ireland the only tax havens to the European Union and Eurozone
3) Combined with a sustainable economic territory on the mainland thanks to coalition government proposals, building on work by Jack Straw when Railways minister in the 1997-2010 government.
4) To do so if mortgages and that part of shared ownership are to continue, then this tool of Libor rigging / setting has to be democratically regulated like the inflation target, with correspondence between the treasury team (Chancellor of the Excehquers office) and Bank of England
5) All other fiscal measures to be so regulated by a new code of conduct, drawn up by a Royal Commission mandated by Parliament.
Why
1) To reduce the greed culture in which some countries operate even less stringently than the US and UK with bonuses
2) To ensure that all faith communities and Christian denominations are sustainably funded through regulated agencies such as Heritage England so that they are built without exploitation in the funding of international donations.
3) To save the world and prevent war crimes being funded through Christendom so that peacekeeping is done above reproach in the present and future, learning the lessons from Bosnia and Vietnam and preventing arms races and the need for a nuclear strike on Iran.
4) So that money can’t be used as a weapon of war and people don’t have to fight.
5) To learn the best examples federal states with greater devolution on development like Canada, Austrailia, Russia (both pre and since 1989) so that other states work well with the EUnd the UK isn't screwed even more economically by someone crashing teh stock exchange again, damaging pensions even more.