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Originally posted by XPLodER
WOW bring on RICO charges,
go the AGs
The second Barclays announced its $450 million Libor settlement, it was all over - the lawyers smelled not only blood, but what may be the biggest plaintiff feeding frenzy of all time. Which is why it was only a matter of time: "State attorneys general are jumping into the widening scandal over whether banks tried to manipulate benchmark international lending rates, a move that could open a new front against the top global banks. A handful of state attorneys general said they are looking into whether they have jurisdiction over the banks, and are starting preliminary discussions to determine what kind of impact the conduct involving the Libor rate may have had in their states."
IF this happens we WILL see bankers in jail.
i bet we will see bankers behind bars within 6 months
still reading this now......
Originally posted by Cassey222
Originally posted by MrUncreated
I won't get my hopes up. The master of all banks is the Federal Reserve. He who controls the money makes the rules... or in this case, the print machine. I wouldn't be surprised if this just mysteriously disappears, and the mass media pulls more distractions out of its ass to confuse everyone.edit on 11-7-2012 by MrUncreated because: (no reason given)
This is akin to saying "China owns the US".. it is a fallacy. Much how the US owns China, the people own the Federal Reserve. The trick is convincing the people this is true. To put this in terms everyone can understand: If you owe the bank a million dollars the bank owns you. If you owe the bank a billion dollars you own the bank. We as the "consumers" own a whole lot more than all the banks and if we decide we are done playing their game then they loose.
Originally posted by nosacrificenofreedom:
How do you imply we stop playing their game? You mean we should'nt buy food, water, electricity and other amenities! Even after we were to do all this how would they lose and we win cause in my eyes we would lose either way! The only way they will lose, is, if we change the rules, of their game and the only way to do that, is through a revolution! Cause If we continue to spit on this fire instead of opening the gates of this dam we will end up burning in the end!