BARCLAY’S FORMER CEO: BANKS WERE FIXING INTEREST RATES!? NO! SAY ...
Well, some of you by now have probably heard that the former CEO of Britain's Barclay's Bank resigned over the LIBOR scandal, and has accused the bank -along with others - of "fixing" interest rates. I have to be honest: when I saw this, I simply laughed:
The Biggest Financial Scam In World History
Now the LIBOR is simply an acronym for London Inter-Bank Offered Rate, the rate at which banks extend credit to each other, similar in effect to the Federal Reserve's rate.
Now, as usual, The Daily Bell has been following this story, and I cite their most recent article on the LIBOR "scandal" here, for it points out the cognitive dissonance of the culture we live in, for in this case, the cognitive dissonance is caused by the central banksters themselves:
"The article we have listed last is of special import because the subject was a poll that asked people whether bankers should be prosecuted for "crimes" and came out just as the LIBOR "scandal" was breaking.
"Now, some may find this to be a beneficial coincidence but we will say with considerable certitude: This Is All a Big Scam.
"We're seeing the formulation of a full-blown dominant social theme before our aching eyes. It doesn't make any sense otherwise. It's all just promotional propaganda.
"The idea is that top British banks conspired together to "rig" the price of LIBOR. But the entire financial industry is rigged from beginning to end, starting with the price and volume of money.
"Central banking is the predominant theme of the monetary world – of the global economy, actually. All around the world, small groups of men under the supervision of the BIS meet regularly to determine (or "fix") the price and volume of money.
"Yet we are to believe that the paltry price shaving performed by LIBOR banks is an expression of ultimate criminality while central bank price-fixing on a day-to-day and sometimes hour-to-hour basis is beneficial?"
(For the whole Daily Bell approach, with its own previous articles on the subject, see The LIBOR Scandal Is a Sham Engineered by Central Banking Elites
In other words, when non-central banks conspire to fix interest rates, it's criminal, but when central banks do it, it's ok.
The reason goes to a point I first made in Babylon's Banksters. The real philosophical discussion that needs to be had about the nature of money, is not about what it is and what it represents, but about who it represents. The need for such a discussion is now upon us with a vengeance, for there are those advocating, on one end of the spectrum, a return to some sort of bullion backed money, others (like the Rothschilds), have been advocating a global currency backed by the land of the world itself(hence their interest in promoting a new "Gaia" religion, after all, money and the temple, as I pointed out in that book, have a millennia-old history of entanglement), while still others have been advocating the state issuance of debt-free money, the latter heretics particularly villified as reviving Lincoln grennbackery, JFK United States notes folly, or, neo-Nazi Feder notes.
If money represents a who, then it stands to reason that those who use it, and who it ultimately represents, must be a part of the conversation of what it is, and who gets to issue it, and what policies will be pursued. The plutocriminal oligarchs have, of course, been quite successful at excluding the vast majority of people over whom they would rule, from that conversation. It is time, however, for everyone to (1) become informed on the philosophical discussions of money, from the von Mises Austrian school to the Lincoln greenbacks, colonial scrip, and neo-Federism that others advocate. And (2) it is time for the discussion to include everyone. We envision, so to speak, a metaphorical "gate crashing" at the next meeting of the Bilderbergers, and, perhaps, a new slogan: "No money issuance, without representation." In short, it is time to inject ourselves into the conversations from which we have been excluded.
See you on the flip side.
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I just finished Babylon’s Banksters and I must say that the book’s discussions of banksters and their association with temples throws a whole new light on the Gospel accounts of Jesus casting out the money changers from the temple. Who were these money changers? Were they the biblical-era banksters aka bullion brokers? And what exactly did ‘cast-out’ mean? Is this a verb that was changed/lost in translation? Was Jesus doing something else when he was ‘casting out’ other than the popular description of chasing people around with a whip? Was he exposing the banksters for everyone to hear and understand? And why was this account specifically included in the gospels where it was in the story? What were the Gospel writers telling us? In light of the banksters predilection for assassinating those who try to cast them out – were Matthew, Mark, Luke and John pointing the finger specifically at the banksters as the key conspirators in Christ’s death?
Also, the discussion of the banskters and their false money usurping the right of Kings to issue money puts a whole new spin on ‘render unto Ceasar what is Ceasars’. Was that Gospel story an account of a confrontation between Jesus and the banksters? Were the banksters testing him? Was he telling them he know what they were up to and saw through them? What role did this ultimately play in his death?
Kind of puts the Gospel story in a whole new light.
“Kind of puts the Gospel story in a whole new light”
Hi Tim,
as for putting a story in a whole new light you might want to check out Joseph Atwill’s “Caesar’s Messiah” not to mention Shlomo Sand’s “The Invention of the Jewish People” for alternative perspectives- make of the info what you will-
many regards,
Larry in Germany
That is an excellent analysis Tim, cast out of the “Temple”, …the tree of life?….Jesus rebuild his temple (body) in 3 days….and then the pyramids were decommissioned…..earth quakes happening.
MDNA….throw some vowels in there.
you know with embryo implants that could be a divine conception to the ignorant to explain the son of King of the tribe of Judah, Pharez.
Dr. Farrell’s most recent ByteShow interview with the very dear GeorgeAnn Hughes explains this in even more detail- it’s worth the time
OH NO !!!!!!!!!!!!
Say it isn’t so !!!!!!!!!!
hohum
still hot here
Hiding in plain sight, again?
“Plain sight” to a selected few………
“No Place To Hide”
Not like the movie at all.
Max Keiser discusses this w/Dr. Paul Craig Roberts
17:20 clicks in
http://www.youtube.com/?v=sTQMk5uOZFE
Best to google:
on the edge max keiser tpp secret trade report
Also excellent analysis by Stephen Lendman w/Webster Tarpley @ Stephen Lendman’s blog.
Check left side near top for “archives” and scroll to this show(at top, as it is the most recent)
The pranksters are a part of a criminal syndicate more ruthless, devious and with wholesale destruction of life than any Traid, Yakuzza or Mafia ever was.
McMafia is a pretty good book on how crime syndicates sprout up
Read it. I liked it as well…
Although, my personal favorite is
Jeff Gate’s, Guilt By Association.
Great article. However I was expecting you to mention usury as well.
How the Fed prints money and lends it to the government at a rate of interest, thereby ensuring that the money supply expands continuously.
This IS the KEY issue. It gets to the down & dirty. Because liberty & justice will follow a currency which serves mankind, or a currency that masters mankind, like today’s privatized central banks where life becomes LIFE, INC.
Just got back from the cottage, I saw a couple of beavers swimming around catching fish in there damn and taking them back to there hut.
Now that is what I would call a dam nation, rumor has it the govt fisheries officers upstream are conspiring to bust the dam.
The buzy bees & buzy beavers are in
their bb gun crosshairs.
Yes, Jedi, that’s all we are to the testosterone on high.
Dam us women, keep us in ‘containment’…
you must always keep your toys neat and put them away
when U are done