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The LIBOR Scandal is the Biggest Scandal in History - Every Human on the Planet has been Ripped Off!

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posted on Jul, 5 2012 @ 04:18 PM
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This will probably be the only time I ever hear of the topic again.




posted on Jul, 5 2012 @ 04:24 PM
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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?



Of course they knew. These banks know where EVERY PENNY comes, goes, launders and lands. Imagine finding out that the lottery board in every American state was keeping all of the $10,000 + cards and selling them to family. Imagine if the casinos used marked decks for friends or magnetic balls for roulette?

The "profits" were paid by governments authorized by congressmen and members of parliment in the form of taxes paid by the poorest members of society such as Trayvon and Shane so Debbie's batmistva could be bigger than Barry's barmitsva.

This is the height of greed and racism. That's right, I said racism. In almost every country outside of the United States, people are not afraid to point out the FACT that a ridiculously Disproportionate number of decision makers responsible for this crime against humanity are Jewish.

At some point every human being that commits a mortal sin must make some rationalization in order to do what they KNOW is wrong. The only way to do it is to be either a psychopath or to convince oneself that the persons getting fkd are somehow less than. Less than what? Human?

This crime has caused more pain and suffering than all the wars in the history of earth. As a matter of fact, the only way these demonic pieces of garbage were able to keep the scam going for so long was through the combined military might of the US and NATO.

I'm not trying to demonize all Jews. I believe Neil Keenan got it right when he placed the blame at the feet of a small number of persons who are Jewish in name only. Those responsible are actually khazars; luciferians who practice satanism and hate humanity. There is no other way to explain how you could kick people out of their homes, destroy factories, wipe out 40% of American wealth in five short years and plan it all in advance laughing all the way.

God help them. You can't hide the truth for ever. I spit on them.



posted on Jul, 5 2012 @ 04:41 PM
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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.


Or maybe the plan is to let the people fall flat on their bums and then the Bank for International Settlements will step up to the plate and offer the people "a better one world monetary system" based on their own stellar principles. I suppose it all depends on how hungry the people get as to whether or not they'll submit to it.

What we need to be thinking about is when the silent majority stands up together and says enough, what will they offer as a viable solution?



posted on Jul, 5 2012 @ 04:56 PM
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Where’s the EMP?!?! I’m ready to farm



posted on Jul, 5 2012 @ 05:46 PM
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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.


Sweetheart, who do you think is allowing the theft? Whom do you think benefits from it? Why do you think banks got so powerful in the first place? If your answer is anything other than government, government, government, you are sadly naive.



posted on Jul, 5 2012 @ 06:13 PM
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This is collusion and treason to the highest degree.

How much longer do we need to put up with this in America.

Correct me if I am wrong but did we not fight for independence from the crown for LESS than what we put up with now.

The only way I see things changing around here is when we prosecute these criminals and hang a few from the trees.



posted on Jul, 5 2012 @ 06:23 PM
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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.


I disagree. I think that informed people do care, it's just that there is so damn much to care about that some are feeling overwhelmed by the enormity of the corruption we're facing. I mean it's HUGE, and almost beyond comprehension [all of it].



posted on Jul, 5 2012 @ 06:29 PM
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reply to post by zarp3333
 


Kicking people out of their homes could go some way. Libor rates go back to the de-regulation of banks in the mid 80's, not much to do with any governments since then, but they will be aware of how it works. I think the biggy, (to my mind) is in how the Libor rates are not just used in 'normal' day to day fixings, which probably would allow some leeway for banks to make novel attractions for customers re mortgages and loans blah blah, but that they were also used for derivatives, seemingly the big cause of the banking meltdown in 2008 which, (to my mind) was the bankers just getting so greedy, that they started to con one another big time, probably in an effort to gain dominance. The people in the street, at the bottom of the chain never really mattered anyway, with the 'normal' Libor ongoing. I don't think that the rolling stone guy is anywhere near the real truth, but I do think that the real cabal=the real winners are a much tinier grouping.
edit on 5-7-2012 by smurfy because: Text.



posted on Jul, 5 2012 @ 06:32 PM
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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.


This should not be possible!
I realize how ludicrous and naive I sound.. but this simply should not be possible!! I'm outraged and feel at a loss for words. At a loss period.



posted on Jul, 5 2012 @ 06:51 PM
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reply to post by detachedindividual
 


Thanks for posting version for UK viewers



I always worry when the MSM, which we know is controlled, is reporting on just how big a scandal this is.

Are they close to bringing it all down and giving us a 'solution' of one world bank, to 'stop the corruption'?


edit on 5-7-2012 by Wonderer2012 because: (no reason given)

edit on 5-7-2012 by Wonderer2012 because: (no reason given)



posted on Jul, 5 2012 @ 06:57 PM
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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)



posted on Jul, 5 2012 @ 07:00 PM
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they'll just buy a politician to make it legal

or have taxpayers pay for it



posted on Jul, 5 2012 @ 07:01 PM
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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)


Too true, but we ain't there yet, not by a long chalk.



posted on Jul, 5 2012 @ 07:06 PM
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MASTER / SLAVE, LORD / SERF, which one do you think you are? I am? This is the way this planet has been run since time immorial or is it immoral? The most evil, avaristic, biggest sociopathic sh$ts run this joint like the Mafia, where everything is a scam, a racket to rip YOU and ME the serfs and slaves off. They live off OUR labor, sweat and blood. Haven't you had enough already? So sit back and watch the freak show. It is amusing to watch this gigantic Ponzi scheme come crashing down. There's not a goddamn thing you or I can do about it, it is "F"'ed Up Beyond Repair. F.U.B.A.R., a new economic policy dreamed up by the boys over at the City of London..Wall Street...the Fed.



posted on Jul, 5 2012 @ 07:24 PM
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Hey, let's investigate this major bankster fraud... OOPS.. we don't have enough money to do that.

We didn't see that coming did we?



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.


Source - The independent


edit on 5-7-2012 by Alkolyk because: (no reason given)



posted on Jul, 5 2012 @ 07:28 PM
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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.


Good analogy Detached.

The actual offence I think you are alluding to is "Obtaining a Pecuniary Advantage by Deception," which was repealed in 2007. This is where the problem lies, the wording of the Fraud Act 2006 gives no SINGLE charge that can be brought against an individual in this case. Wait though, there is another "however!" HOWEVER (there it is), they could be charged with the most serious of the offences rather than the whole lot. Hopefully SOCA will be able to convince the CPS that under the Fraud Act 2006 (linked below for you perusal) the accused can be charged with "Fraud by Abuse of Position." There is also a supplementary that states, and I quote:




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.


There is plenty they can be charged with if the political will is there. Links below

Obtaining a Pecuniary Advantage by Deception

Fraud Act 2006



posted on Jul, 5 2012 @ 07:34 PM
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Bookies call it the Vig.



posted on Jul, 5 2012 @ 07:55 PM
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There are already plenty of laws on the books to prevent this sort of thing, but they require very brave prosecutors to enforce and if your opponent has an unlimited amount of money, they also have an unlimited amount of power. Not many people are that brave. But, and here's the good part, there's a million or more of us to every one of them.

How to fight back?

Everyone has to refuse to put their money in these banks, or pay them one cent ever again in credit card or mortgage bills.
Every guard has to refuse to protect them.
Every maid, restauranteur and cook has to refuse to serve them.
Every grocery store has to refuse to sell to them.
Every private pilot has to refuse to take them anywhere.
Every gas station has to refuse to sell them petrol.

If their money is worth nothing to them, and it especially cannot buy them safety, travel or food, they will be easy enough to bring to justice, whether the legal kind or the vigilante kind.

THERE'S A MILLION OF US TO EVERY ONE OF THEM....!!..



posted on Jul, 5 2012 @ 08:11 PM
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reply to post by detachedindividual
 


yer a star! Thank you... I'm also in UK and rather miffed that my youtube watching has been curbed for this video!



posted on Jul, 5 2012 @ 08:31 PM
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reply to post by idealord
 


You are soooooo right!

And how are they getting this money back? They going to pass the cost on to their 'customers' and charge us more and more for loans/overdrafts/nasty £30 letters saying we went over our agreed limit by 50p for a day?
I think we all need to take a leaf out of Iceland's book.

Normal people are hounded for owing £200, can be taken to court or have the bailiffs round yet these criminals are making how much from scamming us and in a way 'price fixing'? And what proportion of what they have made out of this is the actual fine they are getting?

What an outrage!!!!!

Thank you to the poster who put in the second video link, that worked just fine this time.



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