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Originally posted by jrmcleod
reply to post by idealord
Its strange that so many high level bankers have resigned of late and that there was a thread on here saying mass arrests in the banking sector would being very shortly.
I wonder if these "re-signers" knew what was coming and if indeed "leaking" this info is part of the plan to get away from a totally unsustainable monetary system?
Originally posted by illuminnaughty
reply to post by Asktheanimals
I couldnt agree more with you mate. But I think they have a very cunning plan. Which they have worked on for a very long time.
Now we know why the elites of this world have been building DUMB`s. Paid and built by us. Stocked with enough supplies to last hundreds of years. They must have known this day was coming and were preparing for it. Whats the plan? Start a war and whilst we are all occupied killing each other. They the rich banksters/politicians and friends, all retreat into the bunkers? Millions die of hunger war and poverty every day. Yet we so called educated modern people, let it happen on a daily basis. The people of the west are more interested in some bollocks on the TV. Than this out right murder rape and pillage of the world. Its about time the silent majority stood up togeather, all arround the world and said enough is enough.
Originally posted by SeekingAlpha
Fantastic Video. Thanks for posting. Please forward to your friends and spread the news.
It's very clear that contrary to the republican platform that govt. needs to get out of private business, govt. should be regulating these businesses. Sorry but time after time these banks and big businesses will screw everyone around them just to make a dollar. With the lack of keeping these businesses in check, there is no accountability and that is why you are seeing a rampant display of corruption in all aspects of business.
These clowns should be serving 10+ years behind bars for this. Enough is enough.
Originally posted by MrStyx
This is total BS I hate news like this. This is the stuff all people need to galvanize around. Unfortunately people really no longer care. This should be enough to reform the system or tear it down all together but it will never happened. This is how we know we are cooked. Sometimes I think it really would take a full world wide alien invasion to get a rise out of the populace.
Originally posted by idealord
Also, with regards to Royal Bank of Scotland which is about to be fined $233 million for its role in the Libor-rigging scandal. The bank is 82 per cent owned by the taxpayer and is said to have no power to claw back bonuses from the traders responsible. So the bank is fined for robbing taxpayers via Libor, and the fine is paid by the taxpayer.
So, they have not only taken the money and ran, they're making us pay for their party.
Originally posted by Americanist
When I, the People, learn to remember, when I, the
People, use the lessons of yesterday and no longer
forget who robbed me last year, who played me for
a fool--then there will be no speaker in all the world
say the name: "The People," with any fleck of a
sneer in his voice or any far-off smile of derision.
The mob--the crowd--the mass--will arrive then.
-Carl Sandburg (1878-1967)
Britain's premier anti-corruption agency refused to carry out a criminal investigation into alleged manipulation of the benchmark Libor bank lending rate because it did not have enough money to fund it.
Originally posted by detachedindividual
Originally posted by illuminnaughty
They just said on the news here in the UK that there was no crimes comitted? Fraud and deception does not count for the financial servises? WTF???
They're trying to claim that because there was no specific law relating to the manipulation of the Libor, they cannot be prosecuted. But other legal professionals are pointing out that the law states that gaining a monetary advantage through deceit is fraud. There is no specific law covering Libor, but fraud still applies under standard law.
Basically, this would be like you robbing a bank, and stating that it was legal because there is no law specifically stating that is illegal for a person with legs to rob a bank.
They accept that there are laws which cover all of society, but they believe that bankers are not subject to those same laws. That is what it comes down to.
There are now moves in the UK to take action. Protests are being arranged, even by the military after 20,000 jobs were announced to go. There are groups popping up all over the place planning to start letter writing campaigns to their MP's and their banks, demanding an explanation and how they might have been affected. The plan is to send a tidal wave of complaint to disable the banks.
It's a start. But I personally think this is the one thing that could finally tip this country over the edge. It'll be interesting to see how the protests develop after this, and how the UK government now tries to push through their internet spying agenda to prevent it. I can almost guarantee they'll be working on that as a priority now.
12 Liability of company officers for offences by company
(1)Subsection (2) applies if an offence under this Act is committed by a body corporate.
(2)If the offence is proved to have been committed with the consent or connivance of—
(a)a director, manager, secretary or other similar officer of the body corporate, or
(b)a person who was purporting to act in any such capacity,
he (as well as the body corporate) is guilty of the offence and liable to be proceeded against and punished accordingly.
(3)If the affairs of a body corporate are managed by its members, subsection (2) applies in relation to the acts and defaults of a member in connection with his functions of management as if he were a director of the body corporate.