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    GORGworld conspiracy // 911 // free world order! ... part 5 ::
    JAXXE
    JAXXE --- ---
    Revenge of a fallen titan: Ousted Barclays boss makes damning claims Bank of England and Labour ministers were involved in rigging interest rates

    Bob Diamond releases memo which points finger at Bank of England and Whitehall

    Document suggests they leant on him to keep Libor rates down

    Former CEO due to give evidence to Parliament today

    By James Chapman and Becky Barrow PUBLISHED: 22:23 GMT, 3 July 2012 | UPDATED: 07:09 GMT, 4 July 2012

    Revenge: Bob Diamond released documents suggesting the Bank of England encouraged him to keep Libor rates down

    Bob Diamond last night implicated large parts of the Establishment in the rate-fixing scandal.

    In a spectacular act of revenge, the fallen financial titan turned on the Bank of England, Whitehall officials and the last Labour government.

    His former bank Barclays published documents suggesting the Bank of England leant on him to push down the Libor rate that affects the price of loans and financial products everywhere.

    ...

    Barclays was left in turmoil as its two top bosses resigned with immediate effect

    City watchdog Lord Turner attacked the ‘greed’ of traders which has ‘justifiably shocked and angered’ people

    David Cameron’s plan for a Parliamentary probe into the banks was in chaos

    The Treasury prepared a crackdown on bank bosses, including jail sentences

    Mr Diamond’s daughter Nell entered the fray, insulting George Osborne and Ed Miliband on Twitter

    Yesterday began with the shock departure of Mr Diamond, who was Britain’s highest paid bank boss

    Jerry Del Missier, the chief operating officer, also left bringing the tally of departures from Barclays to three in less than 48 hours

    ...

    The explosive documents published by Barclays last night dragged the Bank of England and the last Labour government into the centre of the interest-rate rigging scandal.

    ...

    Bob Diamond resignation: Ousted Barclays boss makes damning claims Bank of England and Labour ministers were involved in rigging interest rates | Mail Online
    http://www.dailymail.co.uk/news/article-2168449/Bob-Diamond-resignation-Ousted-Barclays-boss-makes-damning-claims-Bank-England-Labour-ministers-involved-rigging-rates.html

    ------------------------------------------------------------------------

    Big Banks Have Criminally Conspired Since 2005 to Rig $800 Trillion Dollar Market

    Posted on July 2, 2012 by WashingtonsBlog

    Barclays and other large banks – including Citigroup, HSBC, J.P. Morgan Chase, Lloyds, Bank of America, UBS, Royal Bank of Scotland– manipulated the world’s primary interest rate (Libor) which virtually every adjustable-rate investment globally is pegged to.

    ...

    That means they manipulated a good chunk of the world economy.

    ...

    Big Banks Have Criminally Conspired Since 2005 to Rig $800 Trillion Dollar Market - Washington's Blog
    http://www.washingtonsblog.com/2012/07/big-banks-criminally-conspire-to-rig-800-trillion-dollar-market.html
    JAXXE
    JAXXE --- ---
    Banking scandal: how document trail reveals global scam

    It's not a comfortable weekend for the men heading some of the world's biggest banks. Barclays has already been hit by a £290m fine for rigging interest rates but that could be dwarfed by a series of global lawsuits which could cost banks billions

    Jamie Doward guardian.co.uk, Saturday 30 June 2012 21.01 BST

    The interest rate rigging scandal that has engulfed Barclays was the result of a coordinated attempt at collusion by traders working for a coterie of leading banks over at least five years, according to a series of lawsuits and legal rulings filed in courts in Asia and North America.

    The lawsuits allege the fraud was extensive, spanning at least three continents and involving trades worth tens of billions of pounds. The allegations raise further serious questions about the banks' ability to police themselves and the role of senior management in monitoring the activities of their employees.

    In a 28-page statement of facts relating to last week's revelation that Barclays had been fined a total of £290m, the US Department of Justice discloses how a network of traders working on both sides of the Atlantic conspired to influence both the Libor and Euribor interest rates – the rates at which banks lend to each other. It was, in effect, a worldwide conspiracy against the free functioning of the market.

    vice:

    Banking scandal: how document trail reveals global scam | Business | The Observer
    http://www.guardian.co.uk/business/2012/jun/30/banking-scandal-barclays-lawsuits-libor
    JAXXE
    JAXXE --- ---
    Why The Debt-Dependent Status Quo Is Doomed in One Chart

    Charles Hugh Smith, Of Two Minds Jun. 30, 2012, 4:25 PM | 3,630 | 6

    The global economy is now addicted to debt. Once debt stops expanding, the economy shrivels. But expanding debt forever is unsustainable. Welcome to the endgame.

    Regardless of whether you call it debt saturation or diminishing return on new debt, the notion that taking on more debt will magically enable us to "grow our way out of debt" is not supported by data. Correspondent David P. recently shared this chart of Total Credit Market Debt Owed and GDP and this explanation:

    The purpose of this chart is to examine the relationship of total debt to GDP. Since Debt is not factored into GDP, just exactly how much debt is being used to create growth, and over what time periods. But absolute numbers don't work so well, since they don't let you examine particular years, seeing what the 1950s look like vs the 2000s, for example.



    Red Line: Annual Change in TCMDO (Total Credit Market Debt Owed) * 100/ That year's total GDP, showing that year's % increase in TCMDO/GDP.
    Blue line: % change in GDP over last year.

    Any gap between the red line and the blue line is what I would call the creation of debt in excess of income. And that gap is the ANNUAL gap, not a cumulative gap. As an example, in 2008 TCMDO grew by an average of 30% of that year's GDP, while GDP itself grew by around 5%. Ouch.

    So projecting forward, how much debt growth do you think we'd need to get back to business as usual? 50s was 8%, 60s about 12%, 70s 15%, 80s maybe 20%, 90s back down to 15%, and 00s probably 25-30% per year. We'd probably need a surge of 35% or more, per year, to bring back those exciting bubble years. But who could possibly have the income to support that? To quote the parable of the Little Red Hen: "Not I", said the goose.


    Thank you, David. Note what happened to GDP the moment debt ceased expanding in 2008: it tanked. This is the chart of debt addiction: the moment the expansion of debt is withdrawn, the economy implodes. Here is a chart which shows debt has outrun income for decades:



    Debt can be expanded at a rate that exceeds the rise in real income in only one way: by lowering interest rates so the same income can support a larger debt.

    This is of course the reason the Federal Reserve has lowered interest rates to near-zero with the ZIRP (zero-interest rate policy).

    Eventually the buyers of newly issued debt at near-zero (or even negative) yields start to fear they will never get their capital back or they will be paid back in depreciated currency, and so they demand a higher yield. Since income has already been stretched to the limit to support a towering mountain of debt, this rise in yield catapults the borrower into insolvency.

    That is Greece, Spain, Italy, and eventually, the entire debt-dependent global Status Quo.


    Why The Debt-Dependent Status Quo Is Doomed in One Chart - Business Insider
    http://www.businessinsider.com/why-the-debt-dependent-status-quo-is-doomed-in-one-chart-2012-6
    HESPELER
    HESPELER --- ---
    YESHEYDO:
    Was Hitler a Zionist NWO Illuminati Who Funded The Nazis Adolph Rothschild.flv - YouTube
    http://www.youtube.com/watch?v=P2wir4DBQx4
    JAXXE
    JAXXE --- ---
    US Senator Bernard Sanders: Overthrow the Oligarchs

    2012 July 1

    US Senator Bernard Sanders gave an impassioned plea this week in which he stated clearly why the American people are angry.

    As he defended the poor teachers, firefighters, construction workers and others who now find themselves without jobs and mired in debt, he savaged “the greed, recklessness and illegal behavior of the people on Wall Street” for causing it all.

    He also demanded the removal of “the handful of billionaires who control the nation’s economic and political life”.

    The Senator’s words apply equally to all us ’99 per centers’ – on a worldwide basis – and it is heartening to know these anti-oligarch messages are being strongly relayed more and more in the halls of power right across the globe.

    The American People Are Angry - YouTube
    http://www.youtube.com/watch?v=8Y-u0UnKZ_U
    JAXXE
    JAXXE --- ---
    Breaking: Lawsuit Filed Against Convicted Felon George Soros & Donald Trump ~ Colluded In Multi $Billion Money Laundering/Bankruptcy Fraud Scheme

    http://politicalvelcraft.org/2012/06/29/breaking-convicted-felon-george-soros-donald-trump-colluded-in-multi-billion-money-launderingbankruptcy-fraud-scheme/

    ------------------------------------------------------------------

    PANIC IN THE NEW WORLD ORDER!

    Filed Under European Central Bank, European sovereign debt crisis, european union, greece, IOU, political, politics, Politics of Greece, spain, united states

    For the first time in my career, I see the international establishment, sometimes called the New World Order, facing a crisis so large that its very survival is at stake. For the first time, these people are scared.

    http://politicalvelcraft.org/2012/06/27/panic-in-the-new-world-order/

    -------------------------------------------------------------------

    Barclays BUSTED for rigged Interest Rates

    Looks like the Earth Allies a tightening the net. Some of the media in the UK
    are calling this fiasco a part of an International conspiracy - more banks have
    been implicated including HSBC, Lloyds and RBS - see this article

    http://www.rumormillnews.com/cgi-bin/forum.cgi?read=244176

    -------------------------------------------------------------------

    Ed Miliband demands CRIMINAL probe into Barclays interest rate rigging scandal as £3.2bn is wiped off bank in share plunge

    Barclays given record £290million fine for its part in fixing of interest rates
    Traders promised each other bottles of Bollinger as they colluded to trick money markets to mask the true state of the Barclays balance sheet
    Interest rates on the wholesale money markets affect homeowners because they influence the interest fluctuations on variable rate mortgages
    Serious Fraud Office investigators are in talks with the City watchdog
    Shares in Lloyds, HSBC and Royal Bank of Scotland also fall as they admit they are being investigated over alleged involvement in the affair
    David Cameron: Barclays management 'have serious questions to answer'
    George Osborne: Email exchanges between traders 'read like an epitaph to an age of irresponsibility'
    Lib Dem peer Lord Oakeshott: 'If (Mr Diamond) had a scintilla of shame, he would resign'

    ...

    The conspiracy involved interest rates on the wholesale money markets, where banks lend to each other.

    It emerged traders colluded to set artificially low rates to con the markets into believing the banks were in good financial shape in the run-up to the credit crunch.

    Fixing the figures also allowed bankers to make money by taking out bets on the way the rates would move.

    ...

    http://www.dailymail.co.uk/news/article-2165468/Ed-Miliband-demands-CRIMINAL-probe-Barclays-scandal-3-2bn-wiped-bank-share-plunge.html


    -------------------------------------------------------------------

    Interest rate was rigged by Barclays

    Mortgage holders, credit card users and small businesses may have been charged too much for their loans after one of Britain’s biggest banks admitted systematically rigging financial markets.

    http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9360507/Interest-rate-was-rigged-by-Barclays.html
    YESHEYDO
    YESHEYDO --- ---
    TLUSTEI
    TLUSTEI --- ---
    GULDUR
    GULDUR --- ---
    SCHWEPZ: nečekal bych na 100 lajků...založ událost a protáhneme to celým nyxem!
    GULDUR
    GULDUR --- ---
    SCHWEPZ: JDEM!
    SCHWEPZ
    SCHWEPZ --- ---
    GULDUR:
    "Tak mafie dokáže v Česku odvolat ministra z hodiny na hodinu. Skoro by se chtělo říci: Poslední bitva vzplála," komentoval Václav Láska, bývalý policista a advokát, krok premiéra Nečase. Podle něj je premiér pod tlakem kmotrů z ODS, tedy pana Janouška a Rittiga.

    Ondrej Liska ‏@ondrejliska (strana zelených)
    Zítra všichni u koně, takto to vážně dál nejde!
    Čtvrtek 28. června, 19h. Pokud zde bude do hodiny aspon 100 lajků, vyhlásím to jako událost.
    GULDUR
    GULDUR --- ---
    to je stejně humus...taková pozvracená třešnička na dortu blití...jestli tohle nevyžene lidi do ulic tak nevim...
    GULDUR
    GULDUR --- ---
    SCHWEPZ: teď na koukám...je to tak
    SCHWEPZ
    SCHWEPZ --- ---
    GULDUR: GULDUR:
    Pospíšil: Snažil jsem se, aby se žalobci nemuseli ohlížet, koho stíhají - iDNES.cz
    http://zpravy.idnes.cz/rozhovor-s-odvolanym-ministrem-jirim-pospisilem-f78-/domaci.aspx?c=A120627_105803_domaci_kop
    Bradáčová se měla stát vrchní žalobkyní, Pospíšil ji už jmenovat nestihl - iDNES.cz
    http://zpravy.idnes.cz/sefkou-prazskeho-statniho-se-mela-stat-lenka-bradacova-p19-/domaci.aspx?c=A120627_114843_domaci_jav
    GULDUR
    GULDUR --- ---
    SCHWEPZ: pardon, tak se opravuji, skutečně vrchního státního zástupce jmenuje ministr spravedlnosti...teď to dává smysl...
    GULDUR
    GULDUR --- ---
    SCHWEPZ: taky jsem to odvolání nepochopil...jeden z nejschopnějších ministrů v historii...jinak Bradáčovou by nejmenoval Pospíšil, ale Zeman ..Pospíšil by to jenom schválil, ale i tak podivné...
    SCHWEPZ
    SCHWEPZ --- ---
    z domácích luhů a hájů:

    Začínali se rozplétat klíčové kauzy (mostecká uhelná, rozkrádání zakázek na obraně - pandur, iveca, gripen, casa, dále kauzy jako Promopro, dokonce i stará kauza ex-premiéra Grosse - akcie, a mnohé další)

    a někteří - JAKO NAPŘÍKLAD T.MARTINEC, ŘEDITEL PROTIKORUPČNÍ POLICIE (rozhovor Mf dnes) mluví o radosti z toho, že se ODSTRANILI BARIÉRY,KTERÉ BRÁNILI VYŠETŘOVAT VELKÉ RYBY (politiky, kmotry a velké zloděje)...tj. že vyšetřovatelé nemusí vše hlásit nahoru, kde "se poradili" a případně to zastavili, aby si na ně někdo "neposvítil"...

    A ejhle - řeší se Parkanová (bílý kůň v kauze letounů CASA) - a podle některých měl dnes Pospíšil jmenovat Bradáčovou na post vrchního státního zástupce místo zametače kauz Rampuly - a to se asi mnohým nelíbilo.

    a tak: extra-rychlé řešení a je konec:

    Pospíšil končí. Nečasova důvěra klesla pod bod mrazu - Aktuálně.cz
    http://aktualne.centrum.cz/domaci/politika/clanek.phtml?id=750020
    TEBION
    TEBION --- ---
    Nebezpečná zbraň -- HAARP-Magnificat.mp4 - YouTube
    http://www.youtube.com/watch?v=aqP54mgQZsU&feature=related
    ROGER_WILCO
    ROGER_WILCO --- ---
    “Contrary to what appears to be a widely-held intuition, our experimental results reveal that it is possible to train a face detector without having to label images as containing a face or not,” the team says in its paper, Building high-level features using large scale unsupervised learning, which it will present at the International Conference on Machine Learning in Edinburgh, 26 June-1 July.


    Google's Artificial Brain Learns to Find Cat Videos | Wired Science | Wired.com
    http://www.wired.com/wiredscience/2012/06/google-x-neural-network/
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