LIBOR Scandal and Financial Tyranny - 07/30/12 10:29 AM
“It is no measure of health to be well adjusted to a profoundly sick society.” - Jiddu Krishnamurti
The LIBOR scandal is enormous.  It can no longer be ignored.  
I'm at a loss for words at this point (not shocked, nothing really to say) so I'll let the article speak for itself.
The monetary and banking system was built broken so those who created it and control it can maintain differential advantage over the masses.  However, it is collapsing on all fronts.
Highlights:
- 'THE MEDIA IS ALSO IMPLICATED'
- 'ALL THE BIGGEST BANKS ARE IN BED TOGETHER'
- 'PROOF OF … (1 comments)

The Mother of All Wall Street Scandals? - 07/11/12 06:44 AM
The LIBOR (London Interbank Rate) rigging scandal is perhaps the biggest Wall Street hurricane yet to come to light.  It is already mind boggling to know that banks do not actually lend you their money for mortgages and other loans as the money (debt) is created out of thin air when you sign the documents.  Now, the 16 major banks that set LIBOR, including JP Morgan Chase, Bank of America and Citi have been rigging the LIBOR interest rate by submitting fake rates lower than the actual borrowing costs to hide how much trouble the banks were truly in up until the … (3 comments)

LIBOR interest rate-rigging scandal engulfing the banking industry - 07/05/12 09:58 AM
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