Saturday, July 07, 2012

US Troops Murder With Impunity and MSM Ignore "The Biggest Financial Scam in World History "

Photo of "... Robert "Bob" Diamond, former chief executive officer of Barclays, resigned as chief executive officer this week after regulators fined the bank US$453-million for attempting to rig the London interbank offered rate (Libor). Nearly 20 other major financial institutions are being probed by regulators around the world and analysts predict other players will soon follow suit making this one of the biggest scandals to hit the international banking industry."

And once again the people in control of a large part of the world economy have been lying, cheating and scamming everyone else to increase their profits without any regard for honest financiers or trusting investors or even more honest corporations and their CEOs and their share-holders and the public at large.

Those at the top of the Financial System have again been caught in another Ponzi scheme and in gaming the system for their own benefit. This is de-regulated Monopolistic Financing and Capitalism gone awry. The system and the people who have the most influence on the financial system are in effect putting the last nail into the Coffin of Capitalism and the so-called free market place.

Their reckless self-interested actions add more proof to the arguments against deregulation and therefore in favour of more regulations and possibly an overhaul of the entire Economic system of unfettered Monopolistic Capitalism.
(Continued below this next item about US troops committing atrocities without fear of prosecution or even a reprimand.)

Once again we get to see the cavalier attitude of US Troops killing suspected terrorists or insurgents even though there is no evidence to prove it. The crime of those murdered in this atrocity appears to be J-Walking or just walking .
To add to the brutality and wanton killing in this video the shooter is singing "Bye Bye Miss American Pie ".

But what can we expect from an Empire that believes it is destined to rule most of the world and is doing so in the name of America and Corporate America's interest which trump the sovereignty of all other nations and the aspirations of other peoples that is non-Americans.

This is just the result and consequences of American Exceptionalism and the belief that their nation America is God's chosen nation .

As God's chosen people American's can we are informed can do no wrong since whatever they do is in fact "The Will of God"

Even president Obama appears to believe in this sort of made up and invented myth of American Exceptionalism and America's revisionist history .

The thing is that other nations also believe that they were created according to God's will . The Israelis believe their nation and the Jewish people are the Chosen of God. The people of Serbia believed that they were the chosen of God. The German NAZI s under Adolph Hitler believed that in their actions from the 1920s til the end of WWII were the chosen of God or as being due to natural selection the race which was better than all other peoples and therefore were destined to dominate much of the Earth. The Japanese also fell under the same spell or delusion that they were the favourite nation of their Gods.

Both Muslims and Christians and other religious groups believe they are the chosen of God and all other religions are false and heretical and are in reality being used by the supernatural powers who are anti-God ie anti-Jesus, anti-Allah, Anti-jahweh, anti-Elohim and so forth.

U.S. Helicopter Strike Blasts an Afghan Man to Pieces... As The Pilot Sings 'Bye, Bye Miss American Pie' by Daniel Bates at Daily video from Liveleaks via Information Clearing House, July 6,2012
---- It is the horrific moment an Afghan man is blown apart by a US missile.

But in a moment of twisted inspiration an American helicopter pilot decided to give it a impromptu soundtrack - by singing ‘Bye, bye Miss American pie.’

He belted out the most famous line of the Don McLean classic at the moment of impact when a fireball consumed at least one man.

Two other men can then be seen running for their lives as the pilots shoot at them but miss.
The reaction on LiveLeak was one of disgust and Ozzieabroad wrote: ‘It’s disturbing and bordering on sanctioned psychopathy to enjoy killing so much’.

Based at Fort Campbell, Kentucky, the 101st Airborne Division became famous for their courage in World War II, the Vietnam War and the first Gulf War.

Its pilots are among the most dedicated and decorated in the US military.

The Biggest Financial Scam In World History By Washington's Blog July 06, 2012 via Information Clearing House

Why Is the Libor Scandal So Important to You?

There have been numerous big banking scandals recently.

But the Libor scandal is the biggest financial scam in world history. See this and this.

The former CEO of Barclays said today that banks across the world were fixing interest rates in the run-up to the financial crisis .

Professor of economics and law Bill Black notes:

It is the largest rigging of prices in the history of the world by many orders of magnitude.

Indeed, the scandal effects an $800 trillion dollar market – 10 times the size of the real world economy.

Matt Taibbi explains that this is the “mega scandal of all mega scandals”, because Libor is the “sun at the center of the financial universe”, and manipulating Libor means that “the whole Earth is built on quicksand.”

Homeowners, credit card holders, students, local governments, small businesses, small investors and virtually everyone else in the entire world has been impacted by the manipulation.

Indeed, the scandal is so big that it will further destroy trust in our financial system and drive many people from investing in the capital markets altogether.

It's over for the banking cabal

Watch this video to understand the largest banking corruption scandal in history. These large banks have stolen money from every single human on the planet. Not one person was left out. Not even YOU! Now that it is exposed there is no going back. We will ALL support the "NO MORE BAILOUT" mantra...

Canada is not immune to this latest scandal since
the Libor — essentially the rate at which London banks charge one another for loans — is a global benchmark, a reference point for a whole range of securities and derivatives sold around the world.

" Fallout from Libor scandal likely to hit Canada’s financial industry" by John Greenwood at Financial Post,July 5, 2012

The Libor price-fixing scandal has garnered plenty of headlines in Canada, but not much more. That could well change, however, as Canadian investors and regulators come to grips with the sheer magnitude of the potential losses and gird for legal action.
The reason is that Libor — essentially the rate at which London banks charge one another for loans — is a global benchmark, a reference point for a whole range of securities and derivatives sold around the world.
“If major lenders were manipulating the Libor rate, then the number of businesses and consumers affected will be astronomical,” said Steve Szentesilaw, a B.C.-based lawyer and expert in regulatory law.
If major lenders were manipulating the Libor rate, then the number of businesses and consumers affected will be astronomical
According to The Wall Street Journal, the total value of the securities and derivatives is about US$800-trillion, including more than US$350-trillion in interest-rate swaps and US$10-trillion in loans.
“This is a stunning amount of money,” said Dimitri Lascaris, a lawyer at Siskinds in London, Ont., who specializes in class-action lawsuits.
Given the dollars involved, there’s no question that some Canadian investors lost money as a result of the manipulation, Mr. Lascaris said.
Already at least one major Canadian bank has been caught up in a U.S. legal battle.

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