Mounting global pressure over U.S. use of assassination drones?

Early Steam Engine first developed in ancient China, by Laptophead / Wikimedia *

US under pressure over drone raids

PressTV
Aug 20, 2012

The United Nations has called on the US to release the footage of its deadly assassination drone strikes in different parts of the globe or face an international inquiry.

UN Special Rapporteur on Human Rights and Counter-Terrorism Ben Emmerson said on Sunday that the US is coming under mounting global pressure over its use of assassination drones, adding that he is preparing a report on the issue for the next session of the Human Rights Council in March.

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LIBOR Banks: A ‘Cartel in Restraint of Trade’?

LIBOR Banks Are aCartel in Restraint of Trade

LaRouchePAC
August 8, 2012

Der Spiegel reported on Aug. 3, from law enforcement and regulatory sources in Germany, that EU and German regulators, including BaFin, are concluding that there was systemic rigging for profit, by major banks, of the immense global interest-rate-swap/foreign-exchange-swap derivatives market. A shorter NYT “DealBook” piece Aug. 5 reports essentially the same thing, and both stress that bank managements are now cooperating, “investigating”, and fingering each other. “I’ve only seen this kind of behavior before in connection with the mafia,” one regulator is quoted by Spiegel.

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Titanic “too big to jail” Banks and LIBOR Iceberg

Titanic sinking by Willy Stöwer / Wikimedia

“The USFed, Bank of England, and Euro Central Bank are directly implicated, casting corrupt light on the central bank franchise system. (…) Leave aside the difficult questions as to why and how the LIBOR fraud was revealed, and why and how the crime was not shoved under the rug as usual, and what higher power is controlling and orchestrating the maneuvers. LIBOR and Barclays lie at the heart of the Western banking cartel and power structure, labeled corrupt to the core. The big banker brush fire has begun. It is raging…” Jim Willie (1)

“Since 1994, the mythical Strong Dollar Policy had necessitated a two prong strategy: that of keeping rates low because weak currencies are typified by high interest rates; and the price of gold must be suppressed as it stands as an historical alternative settlement currency – and they don’t want the alternative to appear “strong”. (…) Libor – or the London Inter-Bank Offered Rate – is one of the lynch pins in setting [rigging] global U.S. Dollar interest rates. (…) It has EVERYTHING to do with making the American Dollar look viable as the world’s reserve currency.” Rob Kirby (2)

“Does this mean that the US and UK financial systems can only be kept afloat by fraud that harms purchasers of interest rate swaps, which include municipalities advised by sellers of interest rate swaps, and those with saving accounts? The answer is yes… Paul Craig Roberts, Former U.S. Assistant Secretary of the Treasury for Economic Policy (3)

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Titanic Banks Hit LIBOR Iceberg: Will Lawsuits Sink the Ship?
Antitrust violations, wire fraud, bid-rigging, and price-fixing

by Ellen Brown
Global Research

At one time, calling the large multinational banks a “cartel” branded you as a conspiracy theorist.   Today the banking giants are being called that and worse, not just in the major media but in court documents intended to prove the allegations as facts.  Charges include racketeering (organized crime under the U.S. Racketeer Influenced and Corrupt Organizations Act or RICO), antitrust violations, wire fraud, bid-rigging, and price-fixing.  Damning charges have already been proven, and major damages and penalties assessed.  Conspiracy theory has become established fact.

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LieborGate: “The fraud reaches into the $trillions easily”

Image: by williambanzai7 / MaxKeiser.com *

LIBOR LAWSUITS – The attorneys and aggrieved victims are lined up, as perhaps over 900 thousand lawsuits will come. That is how many adjustable rate mortgages were arranged from 2005 to 2009, with underwriting banks serving the complaints. The army of US legal beagles is on the job. The lost income to the victims is obvious. The lawsuits will eventually target the central banks. The fraud reaches into the $trillions easily, when all the derivatives are factored in. Think many $trillions in volume times small percentages skimmed illegally. The mainstream press carefully avoids such topics.

“The LIBOR field agents like Barclays and JPMorgan and Deutsche Bank are mere executors of the rigging, in order to maintain a matched rate with the artificial near 0% benchmark dictated by the central banks themselves. The Bank of England and USFed will be dragged into the lawsuits, where they will claim executive privilege.”  – Jim Willie (1)

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