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As expected Tony B Liar leaves no.10 Downing Street and steps into a lucrative part-time job with J P Morgan paying a cool £1m pa. This is the JP Morgan who just happen to have been given the lead in the financial reconstruction of Iraq by mortgaging Iraq's future income from oil to Western (mainly US) interests. Is it George W's pay-back time to his poodle Tony?
Nice one Tony, drag us into an illegal war based on lies & deception, see our brave service personnel under-resourced, (having to share body armour, etc), and then walk away from it and take up a one day a month "job" paying mega bucks! Blair accused of taking blood money over £1m job with US bank profiting from Iraq war By JAMES CHAPMAN - More by this author » Last updated at 15:18pm on 11th January 2008 ![]() ![]() Tony Blair has taken a lucrative job with a U.S. bank which is profiting from the Iraq war. JPMorgan is expected to pay him £1million a year as a part-time adviser. It is the first of a series of posts that could see the former prime minister rake in a staggering £40million. The move brought fierce criticism last night. Reg Keys, whose soldier son Tom was killed in Iraq in 2003, said it was "almost akin to taking blood money". He added: "If he had a conscience or any sensitivity, he would not have taken this job". Tory defence spokesman Gerald Howarth said: "It will be viewed with some contempt by the armed forces that he picks up this large cheque when he was happy to send British troops into battle ill-equipped and in insufficient numbers." JPMorgan is heading a consortium set to make billions as Iraq's economy recovers from the war spearheaded by Mr Blair and U.S. President George Bush. It was chosen to run the new Trade Bank of Iraq, which has raised billions in trade guarantees by mortgaging future oil production and will make huge profits from the deals. Westminster watchdogs have ordered Mr Blair not to attempt to lobby his former Government colleagues on behalf of the bank for the next 12 months. But that appears to be no barrier to his employment prospects. The Wall Street bank said he would provide strategic and political advice, as well as appearing at events with its clients. Read more...
Mr Blair, 54, who said he wanted his career after No.10 to be of "real purpose" rather than "just about doing a job", is already reported to be earning hundreds of thousands a month as an after-dinner speaker. ![]() Other sources of income include a £5million deal to write his memoirs and a prime ministerial pension of £64,000 a year. French president Nicolas Sarkozy is spearheading a campaign to have him installed as the first president of the EU - a post expected to be worth at least £200,000 a year. In all, experts believe Mr Blair can expect to pocket double the £20million earned by former U.S. president Bill Clinton. MPs on all sides expressed unease at the bonanza. Dr Des Turner, the Labour MP for Brighton Kemptown, said: "He's cashing in big time. "Millions of people slog all their lives, make enormous sacrifices and end up with pitiful pensions. They don't get rewarded on this sort of scale. "But I don't know how we can make a rule to stop American banks paying people to give advice on inflated salaries." Mr Blair is currently serving as an unpaid international peace envoy in the Middle East. He has also set up the Blair Foundation to promote interfaith dialogue and sporting endeavour. He said of his JPMorgan role: "I have always been interested in commerce and the impact of globalisation. "Nowadays, the intersection between politics and the economy in different parts of the world, including the emerging markets, is very strong." The job was brokered by Washington lawyer Robert Barnett, who also negotiated Mr Blair's book deal. In 2006, during a taxpayer-funded trip to California, Mr Blair attended a glitzy cocktail party hosted by Charlotte Schultz, whose husband George is chairman of JPMorgan's international advisory council. The trip was branded Mr Blair's "gissa job" tour. A spokesman for the former prime minister said last night that he had had "nothing to do with" the decision to award the Iraq bank contract to the JPMorgan consortium. He also said most of Mr Blair's time would still be spent on his Middle East role. Mr Blair's race to collect posts in the private sector takes him down a road most former Labour premiers have studiously avoided. Jim Callaghan and Harold Wilson restricted their post-Downing Street activities to writing, TV and, in Lord Callaghan's case, farming. Lord McNally, Lord Callaghan's political secretary, said last night: "In those days, it was very much the feeling that you took your pension and retired." Margaret Thatcher acted as a consultant for tobacco firm Philip Morris, however, while Sir John Major became a director of Carlyle, the private equity group. The Cabinet Office said Mr Blair cleared his new appointment with the independent advisory committee on business appointments, as he is required to do even having left office. It told him he cannot be "personally involved" in lobbying for a year. http://www.dailymail.co.uk/pages/liv...n_page_id=1770 |
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Can you write anything that isn't hyperbolic or hate-filled? So JP Morgan is aiding in the reconstruction of Iraq? Are there any major American investment bank that aren't? Blair isn't advising them on investing in Iraq or anything to do with the Middle East.
Blair is playing a hugely important and unconnected role in the Middle East with the support of the United Nations, European Union, United States and Russia as well as the Israelis and Palestinians. He has stated he is "cautiously optimistic" of peace, as in Northern Ireland, by the end of the year. Whilst you may not be sympathetic to his achievements as Prime Minister, the Quartet role is unpaid and the man's got a big mortgage! I really don't understand any moral objections, except from the most staunch anti-capitalists, to Blair's one-day-a-month advisory role. |
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So JP Morgan is aiding in the reconstruction of Iraq? Are there any major American investment bank that aren't? Blair isn't advising them on investing in Iraq or anything to do with the Middle East. No, but he's already fulfilled his prime role in delivering UK military support for the war - now the nice little pay-off of a cool £1,000,000 pa for virtually a no-show job! So whilst British service personnel die in the sands of Iraq our Tony can swan around the world collecting £100,000 for speeches as though he hadn't a care in the world. |
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As expected Tony B Liar leaves no.10 Downing Street and steps into a lucrative part-time job with J P Morgan paying a cool £1m pa. He's obsessed with money; his freebie holidays with rich friends, the seedy cash for honours scandal - allegedly selling peerages to wealthy businessmen in return for financial funding for the Labour Party (Of course, not enough evidence so no-one prosecuted). As you say captain, i hope the following is indeed true "And again I say unto you, It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God." Would his priest have the integrity to say this to him, or just suck up to him as Cardinal Cormac Murphy O'Connor appears to be doing with Bliars instruction into the Catholic faith. I would love to hear his confession - but then Blair is so arrogant, he probably considers himself free from sin. 'Real purpose' career? Jesus, I'm surprised he hasn't raised his hands displaying stigmata and proclaimed himself the son of god. There is a very good word we have in the UK to describe this type of person, which i gather isn't used much in the US, and that word is WAN*ER. ![]() |
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