April 27, 2013 By Joseph P. Farrell

When Mr. S.D. sent this to me, I read it in more than a little shocked disbelief, for we're all familiar with the LIBOR scandal: big banks fixing interest rates. And of course, there's been no real justice for any of the banks or people involved. Before we get to this article, ponder that one for a moment: no justice. And these are the same banks and people that are pushing for a global "new world order". Imagine the mafia running the world, and essentially you have it.

Well, now there's this, and it comes from Rolling Stone:

The Biggest Financial Scandal Yet

As Michael Greenberger, quoted in the article puts it, "It's the height of criminality." And indeed, Rolling Stone seems to agree with my personal assessment, first voiced in Covert Wars and Breakaway Civilizations, that this high cabal is rather like the Mafia: criminals getting together to carve up the world into their respective "family territories", meeting in cigar-smoke filled rooms over green-topped board room tables today, and tomorrow, shooting at each other and ordering "hits" (presumably with drones).

But there's a detail here I hope you caught, and it's one that readers of Covert Wars and Breakaway Civilizations will be familiar with:

 "It should surprise no one that among the players implicated in this scheme to fix the prices of interest-rate swaps are the same megabanks – including Barclays, UBS, Bank of America, JPMorgan Chase and the Royal Bank of Scotland – that serve on the Libor panel that sets global interest rates."

Now, for those who remember, it was precisely the Royal Bank of Scotland that figured into the strange remarks of David Baron Blackheath in Great Britain's House of Lords concerning the sudden deposit of $15,000,000,000,000 - yes, that's right, fifteen trillion dollars - in increments of five trillion, into the Royal Bank of Scotland. This was all, he maintained, in behalf of a Foundation X that was literally offering to step in and bail the United Kingdom out of its financial woes with low interest loans to build "infrastructure" (perhaps more cameras, after all, the U.K. doesn't have enough of them).
If that wasn't enough, you'll recall that Lord Blackheath also pointed out a nagging discrepancy in the estimated amounts of gold in the world, being reassured by people in the Old Lady of Threadneedle Street (that's the Bank of England folks) that there was about 3,500 tons in existence, an amount that Baron Blackheath quickly found that the Vatican Bank disputed.
And what about UBS (Union Bank of Switzerland) in Zurich? Well, it may not be much, but then again, it may be something, it will be recalled that both in the Japanese Bearer Bond Scandal and in the Italian Bearer Bond Scandal, the perpetrators were arrested on their way into Switzerland, along the main auto and rail routes from Italy to Zurich.
So here's my best guess: the LIBOR scandal, and now the looming ISDA scandal, are both intimately related to Lord Blackheath's curious remarks (I reproduced them in Covert Wars and Breakaway Civilizations) in the House of Lords, and are also intimately related to that hidden system of finance that I believe the bearer bonds represent. It was a system based on massive fraud, and also based on something else: the penetration of intelligence agencies into banking.
In short, there may be criminals in banking, but I suspect the ultimate strings of control long ago passed out of even the Rockefailure and Rottenchild hands, for remember, that system was created by the decision of President Truman, and with the connivance of the emerging American national security state and its intelligence scions and technocrats. To be sure, that system could not have functioned without the knowledge and connivance of the banksters. But neither could it have functioned without the heavy involvement of intelligence.
If you're wondering why nothing ever seems to get done about the more-than-apparent criminality evident in these scandals, that's why.
See you on the flip side.