How LIBOR worked, and what it meant, from someone who saw the inside, page 4

I am going to try to respond to everyone with a single post. My apologies, but I really have little time to post here, especially around this time of the year.

Toastman: glad to discuss with you. Any observations outside of what I report are purely my own. Look at my self-title: Crackpot Author. I claim to be nothing more. However, everything I have shared is true, inasmuch as I witnessed it myself.

Stirling: it doesn't matter if they get tried or not. Eventually, probably sooner or later, everyone falls down. It's just a matter of time. That doesn't mean I think justice should not be done... Just that justice finds its own way of arriving at the correct solution when it is suspended by corruption.

Ipsedixit: The discussion digressed into war as I waxed philosophical. Those observations are the product of someone who must coldly look at systems in a very rational way. Consider them defeatest realism if that helps. Morally and personally, I'd like to wipe out war. That is, if we could figure out an effective way to eliminate it.

Freedomwv: my observations are only in regards to the international bank-trade scheme. There might be further collusion in the american bank-trade methods, but I am not aware of it. The international bank-trade methods are the ones most directly affected by LIBOR.

Jiggypotamus: I wouldn't be the person to ask about CIA involvement, nor do I have any information to give you on that subject. No one ever told me, 'hey, I'm with the CIA and can you launder this drug money?' Otherwise, I would be hard pressed to pick an agent out of a crowd unless he looked like Agent Smith. Then I'd probably giggle.

Thelongjourney: I've dealt with VC firms and Angel investors in the past. If you remember 'WISH', the mmorpg which failed prior to launch, that was Angel Investment pulling its funds after a poor showing in beta. Angels and VC firms remain involved. Angels and VC firms generally are either bundled investors or corporate groups. They also tend to become involved in standard deals, not ones which are structured for anonymity and indemnity. This was not Angel or Venture Capital.

Blacksnake: the involvement is distributed throughout the world, at this point. London might have originated it, but now it is everywhere, including the Fed. All are complicit.

VitriolAndAngst: if you reread Keynes, you'll note that the bulk of his work is dedicated to adressing unemployment, rather than commodity management. His main focus was to maximize the use of a workforce, rather than to equitably distribute commodities throughout the world. Capitalism tries to do that, but isn't very good at it. Socialism is worse because it depends on an unidentified definition of 'fair' which differs depending on to whom one speaks. In the end, any community which requires commodities from outside of its borders in order to survive must secure those commodities from other communities or die. Whether by feudalism, socialism, oligarchy, capitalism, or bang-you're-dead-ism, some system must be utilized in order to ensure survival. It's not pretty, but it's a fact of life. IMHO of course.

Solarstorm: Thank you, I think. If you mean I damn myself, then perhaps I do. My observations on what I saw are my own, and may be taken at face value. My reporting of what I experienced is, however, accurate (inasmuch as it comes from memory). If you mean it is damning of the system, then I have nothing salient to add to the comment except to say that we're all part of the system whether we like it or not. No one steps in the pile of manuer and smells like a rose.

If I did not respond to a post, please forgive the oversight. Either I had nothing of substance to add, or I'm just too tired at 3AM and missed it entirely.