Protesters will achieve nothing while bankers hold the power

What, then, are we to make of Enough is Enough's decision, having impressively gathered together 3,000 like-minded individuals, to hand the microphones to the people they were protesting against? Very strange. It would be interesting to know who came up with the idea of deputies speaking and of protesters not being allowed to speak and what the criteria was for deciding who specifically could speak. You don't win football matches by giving the other team the ball.

Not that I disagree with everything the deputies said.

Matt Fallaize usefully reminded the crowd of the association between the various taxes and rates about which Enough is Enough is complaining and the draconian reduction in corporation tax of 2006. 'Zero-10 is good for all says IoD, (Guernsey Press, 4 July 2006) was a typical headline of the time and we should be mindful that this relentlessly democracy-affronting organisation has never been near an electoral register. We could say the 2014 protest was eight years too late and remember that half the deputies did not seek re-election after 2006 – in many cases because they could see the writing on the wall – but we should think about why the virtual abolition of corporation tax happened.

The protest on the North Beach (which is neither a beach nor in the north) was actually 101 years too late. What we are seeing here and all over the world where there have been austerity protests are the inevitable consequences of 1913 when the Federal Reserve (which is neither federal nor a reserve, being a handful of exclusive banking families) was given the right to create money out of thin air. The obvious has happened – they have shaped the world in their favour. They say they give us credit but they give us debt – debt to nations, to businesses and to individuals. Thus they hold a sword of Damocles over us. 'Mortgage' translates as 'death token'.

The United States' debt alone totals half of the world's GDP, and the emergence of fractional reserve lending over the last few years has made the situation exponentially worse.

This vested interest is why we are being prodded into the Big Society, with puppet politicians telling us how wonderful it will be. The clue is in the name – it means 'hello big business and the super-rich, goodbye everything and everyone else'. It means super casinos, super prisons, super police forces, super dairies, supermarkets, super berths for cruise ships, super schools, super football clubs, super F1 teams, super media empires, super departments of government with super heads and super states until the point where there is just one player in each category. Lots more power in few hands. Hello big brother. No more middle class.

So, over the years, businesses have increasingly adversely affected governments. Cue the Transatlantic Trading and Investment Partnership. If David Cameron and his cronies succeed with agreeing this deal then we could end up with businesses suing governments on a massive scale when government policy adversely affects their businesses.

That's the wrong way round – democratically elected governments should be suing businesses which adversely affect their ability to govern democratically.

Labour's John Healy, chairman of the all-party parliamentary group on EU-US trade, recently said the TTIP was something the 'left' should fight for. He didn't mention that the group is funded by lobbyists British American Business, whose members include Bank of America, Goldman Sachs, HSBC, JP Morgan, McKinsey, Pfizer and numerous other multinationals. Domestic industries will succumb.

In 1994, banker David Rockefeller said, 'Now the world is more sophisticated and prepared to march towards world government.

The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries'. Institutions and individuals are controlling the governments of nations whose electoral register they are not on. That's as absurd as calling a southern car park 'North Beach'.

'Social media' is another misnomer. I find mobile phones and the sound-bite mentality generated by Twitter and 'texting' about as soulless and socially acceptable as mustard gas. I'm told that Enough is Enough used something called Facebook to gain momentum for its corporation tax abolition related protest.

That couldn't, surely, be the same Facebook which recently paid just £3,169 in corporation tax for 2013, having made £900m. globally and £371m. in the UK in the same year, and simultaneously received a tax rebate of £182k for previous years' adjustments? A Vodafone-esque performance.

The creation of money from nothing by an exclusive few who see themselves as the rightful rulers of a global fiefdom is a fraud so massive, in plain sight and so simplistic that most cannot believe it has been perpetrated against them. ('there are none so hopelessly enslaved as those who believe that they are free' – Johann Van Goethe).

It will have to be met with a response on a similar scale – there is no point in trying to fight against nuclear weapons with water pistols. As long as nations are carrying debts, changing the politicians is in the 'water pistol' category. The people of the world either choose a global society of permanent enslavement for future generations or they ditch the bankers' fiat currencies and issue their own, or have it issued for them by their elected governments. (I hear a Bradbury Pound Party is forming in the UK). That's the sort of thing that needs to happen.

What you certainly don't want to be doing is taking out further borrowing and issuing government bonds to banks and other institutional investors. In October 2014, the majority of our deputies leapt everything first into the bankers' trap. Again. Maybe they thought it would take the pressure off them having to introduce more taxes and charges before the 2016 election?

MATT WATERMAN,

Flat 2,

3, Burnt Lane,

St Peter Port,

GY1 1HL.