The sad reality is that international finance has largely become a criminal enterprise. This is part of the growing Inequity Trend and, I think, it is going to lead to another worldwide economic collapse sometime in the near future. Click through to see the video.
Fed Knows LIBOR Rate Rigging is a Criminal Conspiracy-Ellen Brown
GREG HUNTER – USAWatchdog
Phi Beta Iota: The most important point made is that the USG is imposing token punitive fines that are well within the cost of doing business to the banks that have exploded national economies and destroyed societies. Instead the author suggests various kinds of lawsuits that can award up to 30 times damages. In a nutshell, the USG is de-frauding the public by failing to represent the public interest properly in the aftermath of high crimes that were legalized by the Clinton Administration under the guiding hand of Robert Rubin. This is the second of two great financial crimes against the Republic. The first was courtesy of the Reagan Administration under the guiding hand of David Stockman, in which the USG agreed to borrow one trillion dollars a year from then on to subsidize Democratic welfare to individuals and Republican welfare to all of the industrial complexes. In brief, the USG cannot be said to actually be representing the public interest in financial matters.