Nicki Minaj involved in both Super Bowl and Grammys – Satanic ritual
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
It’s like a bad movie that the people in the world really do think this way – but it’s actually true
 
LIBOR scandal a fulfillment of the statements that they will be exposed and arrested
 
____
 
 
 
 
 
Quote from British PM saying “don’t hang the bankers”
 
Quote from Financial Tyranny on mind-controlled assassins – with links
 
Link to video of magician who completely programs kid to murder public figure – get some stills
 
Indicate that the Colorado shooting was also telegraphed – by doing the Little Wayne video first
 
Get a picture to point out that Nicki Minaj is heavily promoted on that page
 
Break down Illuminati symbols in video – house number 33, humans as mannequins, telegraphing of shooting – possibly even a hypnotic cue to the assassin
 
Skeletons in theater are a blatant indication of conspiracy
 
Big Sean connected to Justin Bieber – another top music-industry product. Here Big Sean sounds like a nice guy – not a total Machiavellian
 
Colorado shooting deflected LIBOR and Federal Reserve scrutiny
 
Link to variety of articles exposing the shooting
 
Judicial shut-down – kid was delirious in court, claims amnesia, everything locked down
 
 
 
 
 
Sorcha Faal article claims Holmes’ father was set to testify on LIBOR
 
Indicate degree of viral spreading of this idea – all a setup
 
Shootings actually WERE a distraction from LIBOR, but use disinformation to make any suggestions of this seem crazy
 
Expose Sorcha Faal as Luciferian cult – complete with graphics and quotes from their own website
 
Isolate main article that Sorcha Faal kept steering back to
 
Blaming all the world’s financial problems on 138 countries – later changed to “over 130”
 
Expose the bunkers and the pics of gold and the Federal Reserve boxes
 
Explain how this is a spiritual war – the spirit world is real and energy is as important in the spirit world as money is in our world
 
Explain how the negative forces have been defeated throughout most of the galaxy and Earth is their main source of energy
 
Therefore, when we defeat them we are, in fact, liberating our entire galaxy
 
 
July 31: Ben Swann “Reality Check” on Federal Reserve
 
Embed Code for FOX Reporter on Federal Reserve
 
<iframe width="480" height="360" src="http://www.youtube.com/embed/mqmYRnBVmEo?rel=0" frameborder="0" allowfullscreen></iframe>
 
Jan. 7, 2009: Vets Sue CIA Over Mind Control Tests
 
For two decades or more during the Cold War, the CIA and the military allegedly plied the unwitting with acid, weed, and dozens of
psychoactive drugs, in a series of zany (and sometimes dangerous) mind-control experiments.
 
Now, the Vietnam Veterans of America are suing the agency and the Pentagon for perceived abuses suffered under the so-called "MK-ULTRA" and other projects.
 
Six veterans are suffering from all kinds of ailments tied to this "diabolical and secret testing program," according to a statement from the vets’ lawyers, passed on to SpyTalk’s Jeff Stein.
 
 
The suit was filed in federal court in northern California on behalf of the Washington-based Vietnam Veterans of America, Inc., and six aging veterans with multiple diseases and ailments "tied to a diabolical and secret testing program, whereby U.S. military personnel were deliberately exposed, by government and military agencies, to chemical and biological weapons and other toxins without informed consent," the Morrison & Foerster law firm said in a press release.

The firm said the alleged CIA research program was launched in the early 1950s and continued through at least 1976 at the Edgewood Arsenal and Fort Detrick, Md., as well as universities and hospitals across the country contracted by the CIA.

Defendants include the CIA, the Department of the Army, the Department of Defense and various government officials responsible for these agencies.  

"The CIA secretly provided financing, personnel, and direction for the experiments, which were mainly conducted or contracted by the Army," the suit says.

According to the veterans, the experiments, conducted over a 25 year period, included:

·    the use of troops to test nerve gas, psychochemicals, and thousands of other toxic chemical or biological substances, and … the insertion of septal implants in the brains of subjects in … mind control experiments that went awry, leaving many civilian and military subjects with permanent disabilities;….

 
UPDATE: CIA spokeswoman Marie Harf said the agency would have no comment "on specific matters before the court."

But, she added, "CIA activities related to MK-ULTRA have been thoroughly investigated, and the CIA fully cooperated with each of the investigations. In addition, tens of thousands of pages from documents related to the program have been declassified and released to the public.

 
"MK-ULTRA was investigated in 1975 by the Rockefeller Commission and the Church Committee, and in 1977 by the Senate Select Committee on Intelligence and the Senate Subcommittee on Health and Scientific Research," Harf added.
Several books have been written about the CIA drug experiments, which began with a Korean War-era mind-control race with Soviet and Chinese scientists. The idea was to create an American version of "The Manchurian Candidate," or drug-controlled assassin.
 

EXCERPTS FROM EARLY DRAFT OF "SOURCE FIELD INVESTIGATIONS"
 
After his university training, Cleve Backster eventually joined the US Counter-Intelligence Corps, and lectured on the potential danger of foreign powers using hypnosis to extract classified information from overseas government personnel.
 
Backster took a huge risk to demonstrate the seriousness of this subject to a high-ranking military officer.
 
With her permission, Backster hypnotized the secretary of the Commanding General of the Counter-Intelligence Corps. While under hypnosis, he asked her to remove a highly classified document from the general’s locked file cabinet – and she willingly obeyed.
 
Backster told her she would not remember what she had done when she awoke – and sure enough, she had no idea she had just leaked very sensitive information when he brought her back. 
 
“That night I secured the document in my locked file and the next day presented it to the General.
 
I explained to him that I might be risking a court martial, but hoped instead to expedite further consideration of the importance of my research.
 
Rather than a court martial, on December 17, 1947, I received a very favorable letter of recommendation from the General, stating that my research was “of high importance to military intelligence.” Then positive things started to happen.”
 
 
EARLY PIONEER OF THE POLYGRAPH
 
After giving ten days of hypnosis and sodium pentothal ‘truth serum’ demonstrations at the Walter Reed Hospital in Washington, DC, Backster began working for the Central Intelligence Agency as of April 27, 1948. Shortly after joining the CIA, Backster studied with Leonarde Keeler – a pioneer in the use of the polygraph.
 
“In addition to other classified activities, I was a key member of a CIA team that was prepared to travel to any foreign location to analyze the possible use of unusual interrogation tactics, including my original areas of concern, mainly hypno-interrogation and narco-interrogation…
 
Back in Washington, D.C., the polygraph operation I had established was becoming popular for the screening of applicants for employment at the CIA and for some general screening of key CIA personnel. The ever-increasing schedule of rather routine polygraph examinations started to interfere with my more creative interests in research.”
 
Shortly after Leonarde Keeler’s death, circa 1951, Backster left the CIA – to serve as director of the Keeler Polygraph Institute in Chicago. This was the only classroom-type school teaching the use of the polygraph at the time….
 
Backster’s experiments with human cells made his discovery far more personal. In these experiments, Backster would obtain living cells from your mouth by having you swish a little water around and spit it into a test tube.
 
This tube was then whirled in a centrifuge, bringing the living white blood cells to the top, which Backster extracted with an eyedropper.
 
The cells were then placed into a tiny one-milliliter test tube and electroded with very thin gold wires. These living samples could survive this way for “ten to twelve hours”, giving high-quality reactions the entire time.
 
My favorite example of Backster’s work with human cells was performed with NASA astronaut Dr. Brian O’Leary in 1988, who served on the faculties of Cornell University, California Institute of Technology, University of California and Princeton University.
 
O’Leary brought an ex-lady-friend along to the lab and apparently they had a strong argument – which “provided ample opportunity for him to witness first hand extremely high quality chart reactions.”
 
O’Leary then left for the San Diego airport so he could fly back to Phoenix, Arizona – some 300 miles away. He synchronized watches with Backster, and his cells were monitored in the lab the entire time.
 
“It was previously agreed that [Dr. O’Leary] would keep an accurate log of events which might have caused him momentary anxiety.
 
These included missing a turn on the freeway while returning his rental car to the airport, nearly missing his flight because of the long line at the ticket counter, his flight’s departure and landing in Phoenix, his son’s failure to meet him on time at the airport, and a number of other logged events.
 
Later when comparisons were made by transferring the logged events to the appropriate portions of the chart recording, there was a good correlation between chart reactions and nearly all of the perceived anxieties.
 
His chart became very quiet after he returned home and retired for the evening.”
 
I discussed this experiment with Dr. O’Leary over a private dinner in Zurich, Switzerland while we were both speaking at a Project Camelot conference – and he confirmed to me how amazed he was by it.
 
His own mind was literally broadcasting waves of information that were being picked up by his living cells in a lab three hundred miles away!
 
The effect works just as well if the cells are kept in shielded rooms, again proving the signals are not being transmitted by electromagnetic energy.
 
There is something ‘out there’, some energy field, that allows our thoughts to propagate through space – even over vast distances.
 
The implications of this are stunning – particularly when you start to consider how it seems that every living thing in nature is listening to everything else. We are definitely not excluded from this process.
 
 
FREE ENERGY – AND THE CONSEQUENCES
 
At this same Zurich conference, Dr. Brian O’Leary revealed a wealth of information suggesting ‘free energy’ devices have been invented, again and again, but are invariably suppressed by corporate power brokers.
 
According to the Institute for New Energy, as of 1997, “the US Patent Office has classified over 3,000 patent devices or applications under the secrecy order, Title 35, U.S. Code (1952) Sections 181-188.”
 
[Bailey, Patrick G. and Grotz, Toby. A Critical Review of the Available Information Regarding Claims of Zero-Point Energy, Free-Energy, and Over-Unity Experiments and Devices. Institute for New Energy, Proceedings of the 28th IECEC, April 3, 1997. URL: http://padrak.com/ine/INE21.html (Accessed December 2010)]
 
Obviously, if something gets classified, it has potentials the government does not want us to have access to – which may or may not include clean, alternative energy.
 
According to Dr. O’Leary, some researchers are bought off and their discoveries put on a shelf. Others are threatened into submission, while others die under strange circumstances.
 
Dr. O’Leary then brought me up on stage for a panel discussion, and he mentioned how Dr. Stefan Marinov – “the head of the European free energy movement” – allegedly jumped to his death from the tenth story of the library building at the University of Graz in Austria.
 
Marinov flew out of the window backwards, as if he had been shoved. And according to Dr. O’Leary, “He left no suicide note, and he was one of the most positive, highly-spirited persons I’ve ever met.”
 
[O’Leary, Brian; Wilcock, David; Deacon, Henry and Ryan, Bill. Brian O’Leary and Henry Deacon at Zurich Transcript. Project Camelot, July 12, 2009. URL: http://projectcamelot.org/lang/en/Zurich_Conference_Brian_O_Leary_12_July_2009_en.html]
 
O’Leary also mentioned Dr. Eugene Mallove, arguably the world’s leading figure in alternative energy research, during this same time.
 
Overwhelmed with emotion, I actually burst into tears on stage in front of this 400-person audience while I discussed my own personal experience with Dr. Mallove….
 
Dr. Mallove started out as the head science writer for Massachusetts Institute of Technology’s own journal.
 
Mallove claimed he was ordered to suppress their research into ‘cold fusion’ – where they had gotten positive results suggesting ‘free energy’ was being generated from the reaction.
 
[Mallove, Eugene. (1999) MIT and Cold Fusion: A Special Report. Infinite Energy Magazine, Issue 24. URL: http://www.infinite-energy.com/images/pdfs/mitcfreport.pdf (Accessed December 2010)]
 
From there, he quit his job and went on to start Infinite Energy Magazine – and became arguably the top coordinator, publisher and liaison for alternative-energy inventors worldwide.
 
[Infinite Energy: The Magazine of New Energy Science and Technology. URL: http://www.infinite-energy.com/]
 
On May 15th, 2004, I was a featured guest on an episode of Coast to Coast, the largest nighttime talk-radio program in the US, with Art Bell and Richard Hoagland.
 
[Wilcock, David. Historic Wilcock / Art Bell / Hoagland Show! (Article / Transcript.) Divine Cosmos, June 21, 2008. URL: http://divinecosmos.com/index.php?option=com_content&task=view&id=391&Itemid=70]
 
I found out a few days before airtime that Dr. Mallove was going to come on as our surprise special guest.
 
We were about to make a stunning announcement: Hoagland and Mallove were going to visit Washington, DC the following week, and bring along a working, table-top ‘free energy’ device.
 
This device apparently would begin spinning by simply being stared at, and did not use any conventional power source.
 
I wasn’t sure how it worked but it sounded fascinating – and I knew such things were theoretically possible from the Source Field investigations I had been doing already.
 
Hoagland had lined up meetings with various senators and congressmen to demonstrate the device – and push for these breakthroughs to be released to the public for study and commercial application.
 
Less than 24 hours before we were about to go live on the air, Dr. Mallove was bludgeoned to death by a man who had been renting his parents’ home.
 
The suspect, Gary McAvoy, “cried and curled up into the fetal position when he was first questioned about the murder of Eugene Mallove” and said he “couldn’t handle” the questions and wanted to commit suicide – according to Norwich, New Hampshire police.
 
This strange behavior is quite unusual for a gruff-looking grown man being questioned by a police officer – and suggested the possibility that classified hypnosis techniques may have been used to influence McAvoy to commit the murder.
 
In 1975, the Church Committee and the Rockefeller Commission ordered Congressional hearings on a classified CIA program involving the use of hypnosis, psychoactive drugs and trauma – including electrical shocks.
 
This program was dramatized in the 1962 thriller The Manchurian Candidate, with Frank Sinatra – and the film was remade with Denzel Washington in 2004.
 
Various insiders, some of whom I know personally, confirmed that the CIA’s goal was to create assassins, or ‘wet workers,’ who could go and do the job while under post-hypnotic suggestion – and then have no memory of what they had done, or why they had done it, afterwards.
 
This program was apparently classified under the code name MK-ULTRA.
 
[Central Intelligence Agency. An Interview with Richard Helms. 2007-05-08. URL: https://www.cia.gov/library/center-for-the-study-of-intelligence/kent-csi/docs/v44i4a07p_0021.htm. (Accessed December 2010.)]
 
CIA director Richard Helms had ordered all MK-ULTRA files destroyed in 1973, forcing the Congressional hearings to rely on the sworn testimony of direct participants and a small number of surviving documents.
 
On the Senate floor in 1977, Senator Ted Kennedy gave a brief overview of this program – without saying precisely what it was used for.
 
“The Deputy Director of the CIA revealed that over thirty universities and institutions were involved in an “extensive testing and experimentation” program which included covert drug tests on unwitting citizens “at all social levels, high and low, native Americans and foreign.””
 
["Opening Remarks by Senator Ted Kennedy". U.S. Senate Select Committee On Intelligence, and Subcommittee On Health And Scientific Research of the Committee On Human Resources. 1977-08-03. URL: http://www.druglibrary.org/schaffer/history/e1950/mkultra/Hearing01.htm. (Accessed December 2010.)]
 
Backster strongly hints he may have been involved in similar projects in his book.
 
He was home alone watching the Mel Gibson movie ‘Conspiracy Theory’, in which the main character is an MKULTRA victim – and Backster had wired up a live kombucha culture to his polygraph as he watched the film.
 
“Among other interesting reactions, at 4:06 pm, a large reaction can be observed, just as I heard certain references during a conversation between the characters portrayed by Julia Roberts and Patrick Stewart.
 
These references concerned alleged experiments by the CIA with hallucinogens and sensory deprivation. Noting my past employment with the CIA, I’ll leave it to the “conspiracy theory” experts to interpret the electroded Kombucha’s reaction.”
 
[Backster, Cleve. (2003) Op cit., pp. 99.]
 
Backster gives many other examples of these sorts of reactions occurring when a person is suddenly confronted with a highly traumatic and painful memory from their past.
 
This may also explain why he quit the CIA by 1951 – less than four years after he joined with such high accolades. If he didn’t even want to burn a plant, he certainly wouldn’t have felt good about the use of such cruel and inhumane techniques.
 
Certain groups do appear to have a serious, vested interest in suppressing the Source Field Investigations – which can even involve the use of deadly force if other forms of coercion do not succeed.
 
I am aware that any discussion of these issues invariably gets you labeled as a “paranoid nutcase”, but the events surrounding the loss of Dr. Mallove made it a lot more personal for me.
 
It may also be significant that Michael Talbot, author of The Holographic Universe, died of chronic leukemia less than a year after his book was published at age 38.
 
[Obituaries: Michael Talbot, Writer, 38. The New York Times. 2 June 1992. URL: http://www.nytimes.com/1992/06/02/obituaries/michael-talbot-writer-38.html. (Accessed December 2010)]
 
Oct. 22, 2011: Derren Brown Proves Hypnosis Can Create an Amnesic Assassin
 
Oct. 31, 2011: Derren Brown – The Assassin – Interview
 
Aug. 6: Guide to Mass Shootings in America
 
X-Men III Has Mind Control Alternate Personality in Script
 
X-Men: The Last Stand is a 2006 superhero film and the third in the X-Men series….
 
Filming started in August 2005, budgeted at $210 million, the most expensive film at the time of its release, and had extensive visual effects done by eleven different companies.
 
X-Men: The Last Stand received mixed reviews, but grossed approximately $459 million worldwide, the seventh-highest grossing film of 2006 and the most financially successful of the series as of at least December 2011.
 
Cyclops, still depressed about the loss of Jean Grey (Famke Janssen), returns to Alkali Lake. Jean appears to Cyclops, but as the two kiss, Jean takes on a fearsome appearance.
 
Psychically sensing trouble, Professor X sends Wolverine and Storm to investigate.
 
When they arrive, the two X-Men encounter telekinetically floating rocks, Cyclops' glasses, and an unconscious Jean.
 
Cyclops himself is nowhere to be found. Xavier explains that when Jean sacrificed herself, she unleashed the powerful alternate personality she calls "Phoenix".
 
Wolverine is disgusted to learn that Xavier has kept Jean in check telepathically, but when Jean awakens, he realizes she is not the Jean Grey he knew.
 
Jean pleads with Wolverine to kill her, but when he refuses, the Phoenix surfaces and knocks out Wolverine, before escaping to her childhood home.
 
Magneto, alerted by Callisto to the presence of a powerful mutant, realizes that it must be Jean Grey. Magneto and his allies are already at Jean's childhood home when Xavier and his X-Men arrive.
 
The two men vie for Jean's loyalty until the Phoenix resurfaces. She destroys her family's house, disintegrates Xavier, and leaves with Magneto….
 
They escape as Phoenix begins to destroy everything around her. Wolverine realizes that due to his self-healing power, he is the only one who can approach her.
 
He tells Storm to evacuate everyone and faces Phoenix alone, his power barely neutralizing her disintegration attack. Jean, momentarily gaining control, begs Wolverine to save her.
 
Telling Jean he loves her, Wolverine kills her and holds her dead body as he weeps.
 
 
X-Men 2: Mind Control / Assassination Themes
 
Nightcrawler, a teleporting mutant, attempts to assassinate the President of the United States in the White House, but he fails and escapes after being shot by a Secret Service agent. Wolverine heads to Alkali Lake but finds nothing left of the base….
 
Cyclops and the Professor visit Magneto in his plastic prison to see if he had any part in the attack on the President.
 
Reading Magneto's mind, the Professor discovers that a covert government operative, William Stryker, has been extracting information from Magneto….
 
The X-Jet arrives to pick them up, and they are quickly targeted by two Air Force fighter jets. They manage to force the pilots to eject with the help of Storm and Jean Grey; however, they are hit by a missile which threatens to crash them.
 
Only due to the sudden interference of Magneto do they survive. The X-Men then team up with Magneto and Mystique.
 
Magneto has learned Stryker orchestrated the attack on the President and has been experimenting on mutants, using a drug injected directly into the back of the neck to control them.
 
Jean reads Nightcrawler's mind and determines that Stryker's base is located at Alkali Lake, inside the dam where he plans to kill the world's mutants by building a second Cerebro.
 
Through his son, Jason, Stryker gains control over the Professor. His son is able to project powerful visions in the mind, blinding a person to reality, and through this the Professor is brainwashed to use Cerebro to find and kill all mutants….
 
Wolverine manages to defeat Deathstrike and then finds Stryker on a landing pad, where Stryker attempts to bargain Wolverine for his life with stories of his past….
 
The X-Men are able to supply the President with files from Stryker's private offices, and the Professor warns him that humans and mutants must work together to build peace or they will destroy each other through war.
 
Silent House (bothersome, can’t watch)
 
Through a series of incoherent camera flashes, Sarah sees the young girl in the room as well as an unidentifiable man. The power returns to reveal that her uncle is now missing.
 
She is hiding under the pool table surrounded by two men taking pictures of an unseen girl on the top of the table, presumably pedophilic in nature.
 
Sarah then sees her uncle's body being dragged by one of the men toward the staircase. She attempts unsuccessfully to shoot one of the men with her uncle's gun.
 
Sarah returns to her room to hide, and begins to exhibit signs of extreme paranoia, multiple personalities, and insanity.
 
She has hallucinations of reality and alternate realities that depict traumatic childhood events; including a blood stain appearing on her bed, a young girl in the bathtub with beer bottles and bloody water, and a toilet spewing blood.
 
These vivid hallucinations send Sarah into a state of hysteria, and she returns downstairs.
 
In the foyer, she is confronted by Sophia, and finds her now conscious father wrapped in plastic, sitting up in the living room.
 
Sophia vanishes, and Sarah's father convinces her to untie him, at which point he slaps her and then begins to whip her with his belt.
 
At the same time, her uncle regains consciousness and tries to stop her father, who mocks his brother's pleas.
 
As his back is turned, Sarah kills him with a sledgehammer. Her uncle begs for mercy and tells her he should have stopped the rape and abuse that went on at the hands of her father.
 
Sarah leaves him and walks outside silently and the film fades to black. In the end, the father turns out to be a rapist.
 
Jan. 29, 2008: Federal Reserve Gold Storage
 
March 7, 2011: Lady Gaga’s Born This Way – Illuminati Manifesto About “New Race”
 
Feb. 3: Elton John Pepsi Ad – YouTube
 
Feb. 4: Elton John Super Bowl Commercial Writeup
 
Feb. 19: Icelandic Anger Brings Debt Forgiveness
 
Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the country’s economic and financial collapse are reaping the benefits of their anger.
 
Since the end of 2008, the island’s banks have forgiven loans equivalent to 13 percent of gross domestic product, easing the debt burdens of more than a quarter of the population, according to a report published this month by the Icelandic Financial Services Association.
 
“You could safely say that Iceland holds the world record in household debt relief,” said Lars Christensen, chief emerging markets economist at Danske Bank A/S in Copenhagen.
 
“Iceland followed the textbook example of what is required in a crisis. Any economist would agree with that.”….
 
Legal Aftermath
 
Iceland’s special prosecutor has said it may indict as many as 90 people, while more than 200, including the former chief executives at the three biggest banks, face criminal charges.
 
Larus Welding, the former CEO of Glitnir Bank hf, once Iceland’s second biggest, was indicted in December for granting illegal loans and is now waiting to stand trial.
 
The former CEO of Landsbanki Islands hf, Sigurjon Arnason, has endured stints of solitary confinement as his criminal investigation continues.
 
That compares with the U.S., where no top bank executives have faced criminal prosecution for their roles in the subprime mortgage meltdown.
 
The Securities and Exchange Commission said last year it had sanctioned 39 senior officers for conduct related to the housing market meltdown.
 
March 7: Germany and Switzerland Want Their Gold Back From the Fed
http://www.zerohedge.com/news/switzerland-wants-its-gold-back-new-york-fed
 
Earlier today, we reported that Germans are increasingly concerned that their gold, at over 3,400 tons – a majority of which is likely stored in the vault 80 feet below street level of 33 Liberty (recently purchased by the Fed with freshly printed money at far higher than prevailing commercial real estate rates for the Downtown NY area) – may be in jeopardy, and will likely soon formally inquire just how much of said gold is really held by the Fed.
 
As it turns out, Germany is not alone: as part of the "Rettet Unser Schweizer Gold", or the “Gold Initiative”: A Swiss Initiative to Secure the Swiss National Bank’s Gold Reserves initiative, launched recently by four members of the Swiss parliament, the Swiss people should have a right to vote on 3 simple things: i) keeping the Swiss gold physically in Switzerland; ii) forbidding the SNB from selling any more of its gold reserves, and iii) the SNB has to hold at least 20% of its assets in gold.
 
Needless the say the implications of this vote actually succeeding are comparable to the Greeks holding a referendum on whether or not to be in the Eurozone. Everyone saw how quickly G-Pap was "eliminated" within hours of making that particular threat.
 
Yet it begs the question: how many more international grassroots outcries for if not repatriation, then at least an audit of foreign gold held by the New York Fed have to take place, before Goldman's (and New York Fed's) Bill Dudley relents?
 
And why are the international central banks not disclosing what their people demand, if only to confirm that the gold is present and accounted for – even if it is at the Federal Reserve?
 
March 22: Tungsten Filled Gold Bars
 
May 3: Obama Rejoins International Criminal Court – To Prosecute War Criminals
http://www.veteranstoday.com/2012/05/03/obama-rejoins-icc-us-no-longer-rogue-state/

In a surprise move, President Obama signed an executive order rejoining the International Criminal Court, an organization established originally by the United State to enforce international law and punish war criminals.

 
May 7: Hollande Attacks Rothschild City of London
 
May 11: Conclusive Evidence Murdoch Controls Top UK Politicians
 
May 12: Fox Reporter Claims Journalists Made Up Stories
 
In the wake of the phone hacking scandal, News International insisted illegal activities at the Sunday tabloid were only carried out by a few rogue reporters.
 
However, Johnson claims that many employees regularly obtained information for stories through the use of unethical practices and journalists would make up stories.
 
"Almost all stories that you worked on involved the use of private detectives and accessing various records, which were either illegal or confidential," said Johnson.
 
"So for instance, medical records, bank accounts, telephone records – this kind of data.
 
It was all a phone call away. Within a few days of working at the News of the World I was given several numbers for private detectives.
 
"I fabricated stories about drug dealers, neo-Nazis, people who were selling guns, people who were selling fake documents."
 
May 15: Rothschild Asks Governments to Sell Banks at a Loss
 
May 18: Paul Krugman Calls GOP Leaders “Manchurian Candidates”
 
Appearing on "Martin Bashir" Friday afternoon, New York Times columnist Paul Krugman said that Republican leaders' economic policy is so destructive that "sometimes you do wonder if these guys are moles –Manchurian Candidates – for I don’t know who." (Watch above.)
 
Krugman also called lawmakers who think austerity programs will jumpstart the economy "completely deluded."
 
Throughout his appearance, the Nobel Prize-winning economist proffered a philosophy familiar to readers of his column: Governments should spend more, not less, during tough times.
 
He called the austerity programs that have been put into place in Europe and the U.S. a "massive unethical human experiment," and argued that "even if you don't care at all about the people…cutting spending right now now is a way to make the budget, too."
 
Responding to a clip of Congressman Paul Ryan comparing American economic malaise to that of Greece, Krugman outlined the many differences between the two countries, then attacked the Republican rising star.
 
"About Paul Ryan–you should really look at Paul Ryan's budget, and what's really in it, as opposed to the empty promises," Krugman said.
 
"His budget would actually increase the budget deficit. He wants to slash taxes on the rich, cut benefits for the poor, but it adds up to an increased budget deficit, not a reduced one."
 
Bashir then asked what Krugman thought of John Boehner's recent assertion that he would once again force a showdown over the U.S. debt ceiling.
 
Krugman compared Boehner and his ilk to Manchurian Candidates, whose "real job is to bring down America."
 
Republicans have become so extreme, he said that their strategy at the negotiating table is simply to "threaten to destroy the economy unless they get what they want."
 
May 20: Dan Rather Blasts Corporate Media
 
Dan Rather slammed corporate media on Friday night, alleging that news coverage is guided by political interests and profits.
 
The former CBS News anchor has recently returned to the spotlight, speaking out about his former employer and defending the controversial Bush National Guard story that ended his storied career at the network.
 
On Friday, Rather appeared on Bill Maher's show to discuss his new book "Rather Outspoken."
 
He spoke out about the controversy again, and stood by his story (his comments start at the 1:50 mark in the video above). He said that
he was fired because CBS News caved into the Bush administration's demands.
 
"The powers that be and the corporate structure were very uncomfortable with the story," Rather said. "They got pressured by the Bush administration and others in Washington, and it cost a lot of people their jobs, including myself."
 
He went on to warn that everyone should be "concerned" about "the constant consolidation of media," saying that "no more than six" companies currently control 80% of the distribution of news.
 
"These large corporations, they have things they need from the power structure in Washington, whether it's Republican or Democrat, and of course the people in Washington have things they want the news to be reported," he said.
 
"To put it bluntly, very big business is in bed with very big government in Washington, and has more to do with what the average person sees, hears, and reads than most people know."
 
May 22: Kelly Brook in Masonic Bikini
 
May 22: Vatican Kidnapped Girl for Sex Parties, Says Leading Catholic Exorcist Priest
 
May 29: JP Morgan Losses Could Bring Down Entire Financial System
 
The Doc spoke with financial/metals analyst Harvey Organ this weekend to discuss the escalation of the European debt crisis, JP Morgan’s derivatives crisis, and the gold and silver markets.
 
Harvey believes that the panicked reactions of multiple federal regulatory agencies indicates that JP Morgan’s losses are likely much more critical and severe than the mere $8 billion lost in the IG9 tranche, and states the data indicates JP Morgan is unwinding a portion of its $50 Trillion in interest rate swaps.
 
Harvey fears that the losses on JP Morgan’s interest rate swaps could already be $100 billion, and ‘COULD BRING DOWN THE WHOLE FINANCIAL SYSTEM OF THE WORLD!
 
Harvey states ‘If JP Morgan’s involved it really is The Fed itself, and if The Fed’s blowing up that will just about be THE explosion heard throughout the world.
 
When asked what type of risk JP Morgan’s derivatives crisis currently poses to the financial system Harvey responded:
 
We’ve been following this (JP Morgan’s derivatives) for quite awhile.
 
Rob Kirby in 2009 wrote a great paper The Elephant in the Room, where he describes the huge amount of interest rate swaps that JP Morgan has underwritten, and it’s probably in excess of $50 trillion- of the $70 trillion in derivatives that they hold.
 
These interest rate swaps are really a bet where they go long on long term rates (T-bonds), and short the short term treasury bills.
 
That forces the purchase of bonds, which in turn causes long term rates to fall.
 
That’s basically why long term rates are low for the United States, but Europe’s rates are higher: it’s because of the manipulation by JP Morgan.
 
What Jim Willie has shown is that JP Morgan right now is unwinding some of these interest rate swaps.
 
If they’re unwinding these things, together with the huge losses from the IG9 (which were losses from the underwriting of the European credit default swaps), THIS COULD BRING DOWN THE WHOLE FINANCIAL SYSTEM OF THE WORLD!
 
If it’s $100 billion, then that blows up everybody.  This is scary- and it probably will explain why JP Morgan was forced to come out on a Thursday night rather than let the world know on a Friday evening- the regulators certainly forced them to make their statement on Thursday.
 
It probably will explain why the FBI are involved.  JP Morgan probably told them what is coming, so the FBI is now doing a criminal probe.
 
It will also explain why the CFTC has their enforcement arm coming in on the derivatives side.  And the SEC also began a probe on these trades the moment it was announced.
 
So if you look at these trades and realize JP Morgan earned $20 billion, and all of a sudden announce a loss of $2 billion- that shouldn’t cause this much of a scare.
 
But probably these regulators know the truth, JP Morgan probably told them ‘we have a major problem here’ , and that’s why all these other regulatory bodies have started coming in.
 
If JP Morgan’s involved it really is The Fed itself, and if The Fed’s blowing up that will just about be THE explosion heard throughout the world. 
 
This is huge, and it will probably really explain why these three regulatory bodies all of a sudden came in all at once.
 
JP Morgan’s been fooling around in all these derivatives for years and now they’re suddenly worried about the customers?
 
The probe didn’t start with MF Global, I didn’t see the FBI coming in when JP Morgan stole customer money there!   But they came in now, and it’s immediate!
 
There’s some strong merit here that JP Morgan’s losses are huge – NOT from the losses they had in Europe with the IG9 tranche, and $8 billion is so huge!   But I think that the scare is the huge losses that are unwinding on their interest rate swaps.
 
 
May 31: 2012 and 2013 – Global Economic Reset (Very Significant)
  • We don’t know exactly what is to come, but we can all join the very few dots from where we are now, to the collapse of the first major bank…
  • With very limited room for government bailouts, we can very easily join the next dots from the first bank closure to the collapse of the whole European banking system, and then to the bankruptcy of the governments themselves.
  • There are almost no brakes in the system to stop this, and almost no one realises the seriousness of the situation.
  • The problem is not Government debt per se. The real problem is that the $70 trillion in G10 debt is the collateral for $700 trillion in derivatives…
  • Yes, that equates to 1200% of Global GDP and it rests on very, very weak foundations
  • From an EU crisis, we only have to join one dot for a UK crisis of equal magnitude.
  • And then do you think Japan and China would not be next?
  • And then do you think the US would survive unscathed?
  • That is the end of the fractional reserve banking system and of fiat money.
  • It is the big RESET.
It continues:
  • Bonds will be stuck at 1% in the US, Germany, UK and Japan (for this phase).
  • The whole bond market will be dead.
  • Short selling on bonds – banned
  • Short selling stocks – banned
  • CDS – banned
  • Short futures – banned
  • Put options – banned
  • All that is left is the Dollar and Gold
It only gets better. We use the term loosely:
  • We have around 6 months left of trading in Western markets to protect ourselves or make enough money to offset future losses.
  • Spend your time looking at the risks of custody, safekeeping, counterparty etc. Assume that no one and nothing is safe.
  • After that…we put on our tin helmets and hide until the new system emerges….
From a timing perspective, I think 2012 and 2013 will usher in the end.
 
June 9: RT – Military Movie Censorship Makes Americans Warlike
 
June 9: Tila Tequila Exposes Music Industry Illuminati
 
June 10: Vladimir Putin – Nemesis of the Old World Order
 
June 12: Michael Jackson Was Innocent, Framed by Illuminati
 
June 23: Former Head of Star Wars Program Says Cheney Main 9/11 Suspect
 
June 29: Massive Global Banker Scandal in Mainstream Media (LIBOR)
 
 
July 1: Eyre International – Written Treatment on Keenan Case
 
 
July 4: Omens in America: Washington DC Put On Notice

 
 
BRITISH PARLIAMENT CALLS FOR MASS ARRESTS
 
By July 4th, members of the British Parliament were openly calling for mass arrests of the top CEOs and bankers who manipulated the LIBOR rate for their own gains.
 
July 4: British Parliament Calls for Mass Arrests in LIBOR Scandal
 
The prime minister [David Cameron] said a single parliamentary inquiry into the "appalling" events would be the most "swift and decisive" course of action.
 
But Labour's leader [Ed Miliband] said this was "too narrow" and a much wider judicial probe into the culture of banking was needed….
 
At Prime Minister's Questions, Mr Cameron said the manipulation of the key Libor inter-bank borrowing rate by Barclays traders was "outrageous" and those responsible for "spivvy and probably illegal activity" should be held to account.
 
"People want to know that crime in our banks, crime in our financial services, will be pursued and punished like crimes on our streets," he told MPs….
 
But, in heated exchanges in the Commons, Mr Miliband said the prime minister did not understand the "depth of public concerns" about the matter and was failing to act in the national interest.
 
"Whenever these scandals happen, he has failed to act and he stands up for the wrong sort of people.
 
"His party is a party bankrolled by the banks. If he fails to order a judge-led inquiry people will come to one conclusion. He simply cannot act in the national interest."
 
 
HEADING
 
July 4: Inconvenient Truths About LIBOR
 
We may well see more heads roll at major banks before the scandal surrounding Libor is over. But some senior members of the international financial community are increasingly wondering about the future of Libor itself.
 
As one senior international regulator put it to me: "The benchmark is broken. It needs to be fixed. Or perhaps it will just go the way of the dodo. The world has changed."
 
That's because the scandal has shed light on an inconvenient truth about these interbank rates which are used to determine the price of so many hundreds of trillions of dollars worth of global financial contracts.
 
That inconvenient truth is that even when London Interbank Offered Rates are not "fixed", they may still not bear very much relation to reality – because banks are not actually offering much unsecured money to each other at all.
 
This has been an open secret among bankers and regulators since the start of the credit crunch in 2007.
 
What any outsider would find surprising is that until now, neither the Financial Services Authority (FSA) nor the Bank of England have really made it their business either to replace Libor – or make it more accurately reflect reality.
 
Interestingly, this is what the US regulator, the Commodities Futures Trading Commission (CFTC), has tried to do in its settlement with Barclays. If and when it ends its investigations of other banks, it will presumably try to do the same with them….
 
Many banks in the eurozone are almost entirely dependent on the European Central Bank (ECB) for day-to-day liquidity. And since the ECB started its long-term refinancing operation (LTRO) programme last November, they have been getting quite a lot of longer term funding from that source as well.
 
And yet, throughout this period, the Euribor – the Euro Interbank Offered Rate, also caught up in the Barclays manipulation scandal – has been faithfully reported, day in day out, by more than 50 European banks. You have to wonder what those rates actually mean….
 
And yet, despite their inherent fuzziness and lack of "significant operational content", despite the lack of formal checks on banks' internal procedures for coming up with these rates, Euribor and Libor are the benchmark for pricing transactions worth trillions of dollars.
 
US dollar Libor, for example, is the basis for the settlement of the three-month Eurodollar futures contract, which had a traded volume in 2011 with a notional value of $564 trillion, according to the CFTC.
 
Many of you will find all of that pretty odd – and pretty shocking. I know most economists would.
 
We are all understandably interested in what Bank of England deputy governor Paul Tucker and other senior officials may or may not have said about the Libor to Bob Diamond or other bankers, at the height of the credit crunch in 2008.
 
But, perhaps we should also be asking why those senior officials and regulators continued to allow Libor to play such an iconic role in global financial contracts – when even the governor of the Bank of England knew quite well that they did not paint a remotely accurate picture of reality. Even when everyone was playing by the rules.
 
 
HEADING
 
July 4: Other Media Besides FOX Also Arrested for Bribing Public Officials
 
The Scotland Yard inquiry into alleged corrupt payments by newspapers to public officials has gone beyond News International after a journalist who has worked for another publishing group was arrested.
 
It is reported that the journalist arrested was a former Mirror reporter, aged 37.
 
Scotland Yard said three people had been arrested on Wednesday morning. "The Metropolitan police has always made it clear it will go where the evidence leads them," it said when asked if their inquiry had now taken it to Trinity Mirror.
 
Until now all journalists who have been detained by police investigating allegations of corrupt payments made by newspapers to public officials have worked for News International titles.
 
A spokeswoman for News International confirmed the journalist does not work for any of its titles. A Mirror spokesman said: "We cannot confirm anything because we do not know."
 
The arrests, between 6am and 8am, bring the number detained and questioned by Scotland Yard on Operation Elveden inquiries to 37.
 
One of the three, a 46-year-old man, is a prison officer and was arrested at his home address in south-east London on suspicion of corruption, on suspicion of conspiracy to commit bribery and on suspicion to cause misconduct in a public office.
 
A second man, 37, was arrested at his home address in Morden, Surrey, on suspicion of corruption, on suspicion of conspiracy to commit bribery and on suspicion to cause misconduct in a public office.
 
Police also arrested a 50-year-old woman at a non-residential location in Kent in connection with the same three allegations. All three are in custody at separate London police stations.
 
Scotland Yard said in a statement: "Today's arrests relate to suspected payments to a public official and are not about seeking journalists to reveal confidential sources in relation to information that has been obtained legitimately."
 
 
HEADING
 
July 4: Pedophiles Identified 'In 141 Countries' – Arrests Pending
http://www.theaustralian.com.au/news/breaking-news/pedophiles-identified-in-141-countries/story-fn3dxix6-1226417055087

Hundreds of pedophiles prowling on the internet have been identified in an operation in 141 countries, Austrian federal police say.

The operation called "Carole" which began almost a year ago found in Austria alone 272 suspects who had broadcast pedophile videos on the internet.

The sweep is the largest police operation ever carried out against online pedophiles in Austria, and was likely one of the largest world-wide.

Large quantities of video footage and other information seized are currently being examined by police in 141 countries.

In March 2011, an Europol sweep identified 670 suspects and made 184 arrests in what was then the biggest case of its kind.

 
 
HEADING
 
July 4: Major Banks Say They Are Ready To Go Under — Forced To Draft Collapse Plans Without Bailouts
http://rt.com/business/news/banks-crisis-failure-plans-381/
 
The US Federal Deposit Insurance and Federal Reserve released public summaries of plans for quick liquidation of nine of the world’s largest banks in the case of an emergency, without government bailouts.
 
­Complex financial firms with more than $250 billion in nonbank assets including J.P. Morgan Chase, Bank of America, Citigroup Inc., Goldman Sachs Group Inc., Morgan Stanley, Barclays PLC, Deutsche Bank, Credit Suisse and UBS were the first to prepare the worst case scenarios by July 1. In total, about 125 banks are expected to submit plans to the regulators by the end of 2013.
 
Public summaries reveal that Morgan Stanley and Goldman Sachs plan to sell assets or stand-alone businesses to other financial firms, private-equity investors or insurance companies in the event of a collapse.
 
Citigroup said its banking business could be split off from the parent company and recapitalized as a smaller bank. Credit Suisse plans to sell its businesses to hedge funds, banks and securities firms.
 
Meanwhile Barclay’s paper is already out of date after the resignation Tuesday of CEO Bob Diamond and COO Jerry Del Missier.
 
Banks are required to give the government the tools to wind them down in a case of failure under provisions of the Dodd-Frank financial reform law designed to end the practice of bailing out “too big to fail” banks by the state.
 
The act aims to secure the financial system from turmoil such as followed the collapse of Lehman Brothers or Bear Stearns in 2008.
 
 
HEADING
 
July 4: Jim Sinclair – Gold May Skyrocket in Price — “Most Important Message Since 2001”
 
My Dear Friends,
 
Gold will go to and above $3500. This is the most important message I have sent you since 2001.
 
There are very few of us dynamic thinkers that see everything as a trend constantly in motion. Anyone can be a static thinker, quoting recent economic figures or news headline (MSM), and coming up with a usually wrong opinion.
 
The change today is that the "Rig Is Up."
 
The Bank of England turning their backs on Barclays, the company who did their bidding, will be the event in time marking the trend change.
 
Many of us in our areas of activity will successfully fight the Riggers. The many complaints that so many of you kindly sent in to fight manipulation released the Kraken in me.
 
The Kraken is back in its cage where it belongs. The paper trail is there. The worm has turned.
 
Even more importantly is that this fight in the $1540 gold price area was not for regaining the old high in gold.
 
The six attempts to kill gold, supported by some gold writers looking for favors from the riggers was a now failed attempt to keep gold from trading above $3500.
 
The battle to stop gold has been lost.
 
The start, like all starts towards the old high and well above, should be slow with more unfolding drama. It will build on itself but gold will trade at and above $3500.
 
I am now as certain of this as I was over ten years ago when I told you gold was headed for $1650. I knew that as fact and to me from $248 gold was trading at $1650.
 
My job now is to define gold’s full valuation for you when it occurs. The timing is no less than one year from now to a maximum of three years from now. I believe I will be able to do that for you.
 
This is the most important message I have written you since early in 2001. I write this with total intellectual and spiritual certainty.
 
Respectfully,
Jim
 
 
HEADING
 
July 4: “Stressed” BoE Official Found Stabbed To Death
 
The body of Christopher Dymond, 52, was discovered in a secluded car park in Herongate, Essex, after his family had reported him missing.
 
A post-mortem revealed Mr Dymond died from self-inflicted stab wounds to his chest and cuts to his arms.
 
His grieving father, Denis Dymond, told an inquest: "Our over-arching point of view is that Chris's death came about because of intense anxiety which was work-related.
 
"He was let down in the duty of care by his employers."
 
The father-of-three had been reported missing by his concerned family at around 10.30pm on April 21 this year after they were unable to contact him….
 
Coroner Mrs Caroline Beasley-Murray said there were no suspicious circumstances and recorded a verdict of suicide at an inquest held in Chelmsford, Essex.
 
She said: "It is patently clear from what Mr Dymond expressed in the note that he was suffering extreme anxiety about work-related matters."
 
Mr Dymond is believed to have been heavily involved in the transfer of responsibility and power for bank regulation from the Financial Services Authority to the Bank of England in the weeks leading up to his death in his role managing IT services.
 
 
HEADING
 
July 7: LIBOR — The Wall Street Scandal of All Scandals
 
Just when you thought Wall Street couldn't sink any lower — when its myriad abuses of public trust have already spread a miasma of cynicism over the entire economic system, giving birth to Tea Partiers and Occupiers and all manner of conspiracy theories;
 
When its excesses have already wrought havoc with the lives of millions of Americans, causing taxpayers to shell out billions (of which only a portion has been repaid) even as its top executives are back to making more money than ever;
 
When its vast political power (via campaign contributions) has already eviscerated much of the Dodd-Frank law that was supposed to rein it in, including the so-called "Volcker" Rule that was sold as a milder version of the old Glass-Steagall Act that used to separate investment from commercial banking —
 
Yes, just when you thought the Street had hit bottom, an even deeper level of public-be-damned greed and corruption is revealed.
 
Sit down and hold on to your chair….
 
Suppose the bankers are manipulating the interest rate so they can place bets with the money you lend or repay them — bets that will pay off big for them because they have inside information on what the market is really predicting, which they're not sharing with you.
 
That would be a mammoth violation of public trust.
 
And it would amount to a rip-off of almost cosmic proportion — trillions of dollars that you and I and other average people would otherwise have received or saved on our lending and borrowing that have been going instead to the bankers.
 
It would make the other abuses of trust we've witnessed look like child's play by comparison.
 
Sad to say, there's reason to believe this has been going on, or something very much like it. This is what the emerging scandal over "Libor" (short for "London interbank offered rate") is all about.
 
Libor is the benchmark for trillions of dollars of loans worldwide — mortgage loans, small business loans, personal loans. It's compiled by averaging the rates at which the major banks say they borrow.
 
So far, the scandal has been limited to Barclay's, a big London-based bank that just paid $453 million to U.S. and British bank regulators, whose top executives have been forced to resign, and whose traders' emails give a chilling picture of how easily they got their colleagues to rig interest rates in order to make big bucks.
 
(Robert Diamond, Jr., the former Barclay CEO who was forced to resign, said the emails made him "physically ill" — perhaps because they so patently reveal the corruption.)
 
But Wall Street has almost surely been involved in the same practice, including the usual suspects — JPMorgan Chase, Citigroup, and Bank of America — because every major bank participates in setting the Libor rate, and Barclay's couldn't have rigged it without their witting involvement.
 
In fact, Barclay's defense has been that every major bank was fixing Libor in the same way, and for the same reason.
 
And Barclays is "cooperating" (i.e., giving damning evidence about other big banks) with the Justice Department and other regulators in order to avoid steeper penalties or criminal prosecutions, so the fireworks have just begun.
 
There are really two different Libor scandals. One has to do with a period just before the financial crisis, around 2007, when Barclays and other banks submitted fake Libor rates lower than the banks' actual borrowing costs in order to disguise how much trouble they were in.
 
This was bad enough. Had the world known then, action might have been taken earlier to diminish the impact of the near financial meltdown of 2008.
 
But the other scandal is even worse. It involves a more general practice, starting around 2005 and continuing until — who knows? it might still be going on — to rig the Libor in whatever way necessary to assure the banks' bets on derivatives would be profitable.
 
This is insider trading on a gigantic scale. It makes the bankers winners and the rest of us — whose money they've used for to make their bets — losers and chumps.
 
What to do about it, other than hope the Justice Department and other regulators impose stiff fines and even criminal penalties, and hold executives responsible?
 
When it comes to Wall Street and the financial sector in general, most of us suffer outrage fatigue combined with an overwhelming cynicism that nothing will ever be done to stop these abuses because the Street is too powerful.
 
But that fatigue and cynicism are self-fulfilling; nothing will be done if we succumb to them.
 
The alternative is to be unflagging and unflinching in our demand that Glass-Steagall be reinstituted and the biggest banks be broken up.
 
The question is whether the unfolding Libor scandal will provide enough ammunition and energy to finally get the job done.
 
 
HEADING
 
July 8: LIBOR — The Mega-Scandal of All Mega-Scandals
 
The London Interbank Offered Rate, or LIBOR, scandal is growing by the minute and is shaping up to be one of the largest, if not the single largest, financial scandals of all time.
 
 
 
HEADING
 
July 8: Libor Rigging Went On Until 2010, Claims Canadian Watchdog
 
An investigation in Canada alleges that interest-rate rigging by staff working for British banks and financial institutions continued until at least June 2010, more than a year after Barclays' derivatives traders were found to have colluded in such practices.
 
 
HEADING
 
July 8: LIBOR’s Dirty Laundry
 
HERE in the early stages of the Libor scandal — and yes, this thing is far from over — there are two big surprises.
 
The first is that the bankers, traders, executives and others  would so openly and, in some cases, gleefully collude to manipulate this key interest rate for their own benefit.
 
With all the seedy bank behaviour that has been exposed since the financial crisis, it's stunning that there's still dirty laundry left to be aired.
 
We've had predatory subprime lending, fraudulent ratings, excessive risk-taking and even clients being taken advantage of in order to unload toxic mortgages.
 
Yet, even with these precedents, the Libor scandal still manages to shock.
 
Libor — the London Interbank Offered Rate — represents a series of interest rates at which banks make unsecured loans to each other. More important, it is a benchmark that many financial instruments are pegged to.
 
The Commodity Futures Trading Commission (CFTC), which doggedly pursued the wrongdoing and brought the scandal to light, estimates that some US$350 trillion worth of derivatives and US$10 trillion worth of loans are based on Libor.
 
With so much depending on this one critical interest rate, there shouldn't ever be a question about its reliability….
 
Submitting false data, for whatever reason, is a violation of the law — not to mention a fundamental abuse of trust.
Which brings me to the second big surprise. Britain and America have reacted to the Libor scandal in completely different ways.
 
Britain is in an utter frenzy over it, with wall-to-wall coverage, and the most respectable, pro-business publications expressing outrage.
 
The Economist ran a headline that read, in its entirety, "Banksters".
 
Yet, on these shores, the reaction has been mainly a shrug. Perhaps we're suffering from bank-scandal fatigue, having lived through Bank of America's various travails, the Goldman Sachs revelations, and most recently, the big JP Morgan Chase trading loss.
 
But the British have this one right. They may not understand the intricacies of Libor any better than we do, but they sense, powerfully, that banks have once again made a mockery of the role that society entrusts to them.
 
Barclays, of course, is hardly the only big bank that manipulated Libor for fun and profit. It is simply the first to admit its wrongdoing and settle with the government.
 
The word is that just about every big bank in the US is under investigation for playing games with Libor.
 
Which means there is going to be more opportunities for Americans to become outraged, and maybe, the will to change banking once and for all.
 
 
HEADING
 
July 9: Barclays LIBOR Scandal Rattles Global Finance
 
London – The Barclays rate-rigging scandal is sending shockwaves through world finance, putting ethics and regulation under scrutiny, and raising the prospect of criminal charges in a sector-wide global probe.
 
Britain's Serious Fraud Office said on Friday it will investigate the interbank rate manipulation scandal which has engulfed Barclays, forced three top resignations, tainted the City of London and sparked a political firestorm….
 
Barclays, which is the parent company of http://dashboard.fin24.com/Company/Absa-Group-LtdAbsa Group [JSE:ASA], became the first bank to be fined as part of a global probe into suspected manipulation of the twin interest rates that are crucial to the operation of short-term financing and global markets….
 
Dan Wilsher, senior law lecturer at the City Law School, City University London, told AFP that the scandal raised serious questions over the conduct of some financial sector workers.
 
"The Libor scandal reveals a lack of honesty amongst dozens of employees – not just at Barclays – when the financial rewards are so big for cheating the system, the chances of getting caught slim and the pressure from management is very great," Wilsher said.
 
"The government will try to make it a crime to give wrong Libor figures but that will be a small step.
 
"We have not had a broad enquiry into the 'culture' of banking. At the moment the Leveson inquiry is looking at the ethics of the press following numerous scandals. People say we need the same for banking."
 
 
HEADING
 
July 9: Euro Zone Fragmenting Faster Than EU Can Act
 
Signs are growing that Europe's economic and monetary union may be fragmenting faster than policymakers can repair it….
 
Any event that makes a euro exit by Greece — the most heavily indebted member state, which is off track on its second bailout program and in the fifth year of a recession — look more likely seems bound to accelerate those flows, despite repeated statements by EU leaders that Greece is a unique case.
 
"If it does occur, a crisis will propagate itself through the TARGET payments system of the European System of Central Banks," U.S. economist Peter Garber, now a global strategist with Deutsche Bank, wrote in a prophetic 1999 research paper.
 
Either member governments would always be willing to let their national central banks give unlimited credit to each other, in which case a collapse would be impossible, or they might be unwilling to provide boundless credit, "and this will set the parameters for the dynamics of collapse", Garber warned….
 
 
HEADING
 
July 9: The 800 Trillion-Dollar Scandal — Gold and Silver Prices Manipulated As Well?
 
Banking scandals have grown so common that perhaps folks have simply run out of outrage. Or maybe the numbers are just too huge to wrap our mortal heads around.

Whatever it is that's behind the relatively light news coverage and lack of public debate on this incredible LIBOR rate-rigging scandal thus far, the story is not going away.

 
In fact, it's bound to grow substantially in scope, as many of the world's largest banks have already been implicated in manipulating interest rates that are tied to some $800 trillion in loans and securities….
 
The U.S. Department of Justice slapped U.K. banking giant Barclays (BCS) with a $160 million penalty last week, declaring that
"Barclays Bank's illegal activity involved manipulating its submissions for benchmark interest rates in order to benefit its trading positions and the media's perception of the bank's financial health."
 
Combining the penalties assessed by a trio of U.S. and British regulators, and the roughly $155 million that Barclays spent during the multiyear investigation, this one bank alone has incurred more than $600 million in charges.
 
The bank's CEO, Bob Diamond, has resigned in disgrace, and the familiar Barclays name has been significantly tarnished.

Royal Bank of Scotland (RBS) — the propped-up bank in which, in a royally cruel twist of fate, British taxpayers hold an 82% stake — will reportedly be next on the hook with penalties of $233 million for its role in the rate-setting scandal.

 
Swiss bank UBS (UBS) received "conditional immunity" from prosecution last year in return for its cooperation with the Justice Department's ongoing investigation.
 
Meanwhile, authorities on both sides of the Atlantic are reportedly looking into potential misconduct by, among others: Citigroup (C), HSBC (HBC), Deutsche Bank (DB), JPMorgan Chase (JPM), Lloyds, and Bank of Tokyo Mitsubishi. Now that we know who some of the players are, let's examine the stakes of their dangerous game.

Why LIBOR Matters to You

 
By messing with the LIBOR benchmark rates that are tied to an estimated $800 trillion of securities, the offending banks essentially played with matches in the middle of the world's largest house of leveraged cards.
 
The combined gross domestic product of all the nations of the world is only about $70 trillion, so the towering mountain of LIBOR-connected securities out there climbs into the realm of leveraged derivatives like those that nearly brought the global financial system to its knees at the height of the 2008 credit crisis.
 
First by building that leveraged house of cards in the first place on a completely obscene scale, and then by shaking its very foundation by manipulating the interest rates on which all that paper is based, the rate-rigging banks took unthinkable risks with the fate of the entire global financial system….
 
A fascinating question comes to my mind as I consider the implications of LIBOR-gate:
 
If a dozen or more banks can collectively manipulate something as central to the everyday functioning of our economic system as LIBOR, and in the process play games with an $800 trillion mountain of leveraged securities, is there any corner of our financial markets that can be deemed safe from such reckless and deceptive behavior?
 
A number of astonishing scandals over recent years have shattered the industry's image, and collectively they portray a culture of corruption that is disturbingly pervasive.

I am utterly convinced, for example, that gold and silver prices have been routinely manipulated by certain banks to deflect attention from the weak condition of the major paper currencies.

 
We know that a subsidiary of JPMorgan Chase is under investigation for alleged energy-market manipulation.
 
And a slew of banks have been implicated in a municipal bond-rigging scandal that, in the words of Rolling Stone reporter Matt Taibbi, reveals "the astonishing inner workings of the reigning American crime syndicate."
 
 
HEADING
 
July 10: Geithner Had Multiple Meetings with Barclays as New York Fed Chief
 
As president of the New York Federal Reserve before and during the financial crisis, Treasury Secretary Timothy Geithner met repeatedly with Barclays officials, according to documents released by the bank and the New York Fed.
 
Though the subject of those discussions is unknown, they came at a time when Barclays was also talking to New York Fed officials about problems with an interest rate known as Libor, some five years before the bank agreed to pay $450 million to settle charges that it manipulated that interest rate.

The meetings raise questions about just how much Geithner, now the U.S. Treasury secretary, knew about the alleged manipulation of Libor, a critical interest rate that affects borrowing costs throughout the economy — questions he'll have to answer at a Senate hearing later this month.

 
They could also renew criticisms of Geithner as being too chummy with the banking sector he was charged with regulating in his role at the Fed.
 
According to The Huffington Post's review of Geithner's calendar during his time at the New York Fed, originally obtained by The New York Times, Geithner repeatedly spoke from April 2007 to October 2008 with senior executives at Barclays, including at an Oct. 10, 2008, morning meeting with Bob Diamond, the former Barclays CEO, who stepped down last week amid the ballooning Libor controversy.
 
A timeline of events released by Barclays ahead of Diamond’s testimony before British Parliament last week also indicates that an Oct. 10, 2008, meeting took place between bank officials and unnamed Fed representatives.
 
According to Barclays, the meeting that day was part of a series of discussions between the bank and the New York Fed during the financial crisis about the process of determining Libor.
 
Libor is set every day by a group of banks, including Barclays, JPMorgan Chase and Citigroup. It is based on the interest these banks say they have to pay to borrow money for short periods of time.
 
Regulators are investigating charges that several banks, in addition to Barclays, misreported their borrowing costs to manipulate Libor higher or lower, depending on their needs, possibly affecting the borrowing costs for millions of individuals and businesses.
 
During the crisis, the banks might have reported lower borrowing costs in order to avoid the appearance that they were suffering financial hardship.
 
 
HEADING
 
July 9: Huge Mexico Protest, Censored by Western Media

Tens of thousands of protesters marched in Mexico City on Saturday to protest against Enrique Peña Nieto's apparent win in the country's presidential election, accusing his party of buying votes and paying TV networks for support.

Demonstrators were angered by allegations that Peña Nieto's Institutional Revolutionary party (PRI) gave out groceries, pre-paid gift cards and other goods to voters before the national elections on 1 July.

Students, unionists and leftists in Mexico City carried signs reading: "Peña, how much did it cost to become president?" and "Mexico, you pawned your future for 500 pesos."

Officials estimated about 50,000 demonstrators gathered at the central Zocalo plaza.

"The fraud was carried out before (the election), buying votes, tricking the people," said Gabriel Petatan Garcia, a geography student who carried a sign in Finnish. Protesters also carried signs in English, Japanese, French, German and other languages to call the attention of the international press.

 

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July 10: Avaaz Petition – Put Bankers Behind Bars (577,602 Signatures As of July 16th)

 
 
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July 10: Gold May Be Manipulated Like LIBOR
 
Gold may have been manipulated like the London interbank rate or Libor over a long time frame, Ned Naylor-Leyland, investment director at Cheviot, told CNBC.
 
The scandal surrounding the fixing of the Libor has opened markets up to “more scrutiny and more investigation,” Naylor-Leyland said.
 
He expects to see revelations over the next few months that the price of gold [XAU=  1571.39   -4.36  (-0.28%) ] was also manipulated because "gold and silver reflect the true value of money the same way interest rates do."
 
"It is effectively an intervention in two ways; one would be the fact that for central banks, gold and silver going up doesn't make their currency look any good, and secondly a number of the big commercial banks have very large short positions which they like to manage and make easy money from," he said.
 
A formal investigation into the manipulation of silver has been going on for two years in the U.S.
 
“Although there is a lot of evidence that it is taking place, nothing has come out of the investigation yet,” Naylor-Leyland said.
Chris Powell, Secretary and Treasurer of the Gold Anti-Trust Action Committee told CNBC in June that “as central banks are interested in supporting government bonds and the dollar and keeping interest rates low, they continue to manipulate the gold market".
 
 
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July 10: 25% of Wall Street Employees Admit That Fraud is Necessary For Success
 
(Reuters) – If the ancient Greek philosopher Diogenes were to go out with his lantern in search of an honest man today, a survey of Wall Street executives on workplace conduct suggests he might have to look elsewhere.
 
A quarter of Wall Street executives see wrongdoing as a key to success, according to a survey by whistleblower law firm Labaton Sucharow released on Tuesday.
 
In a survey of 500 senior executives in the United States and the UK, 26 percent of respondents said they had observed or had firsthand knowledge of wrongdoing in the workplace, while 24 percent said they believed financial services professionals may need to engage in unethical or illegal conduct to be successful.
 
Sixteen percent of respondents said they would commit insider trading if they could get away with it, according to Labaton Sucharow. And 30 percent said their compensation plans created pressure to compromise ethical standards or violate the law.
 
"When misconduct is common and accepted by financial services professionals, the integrity of our entire financial system is at risk," Jordan Thomas, partner and chair of Labaton Sucharow's whistleblower representation practice, said in a statement.
 
The survey's release comes as the fallout from Barclays PLC's (BARC.L) Libor-rigging scandal continues and other banks including Citigroup Inc (C.N), HSBC Holdings PLC (HSBA.L), Royal Bank of Scotland Group PLC (RBS.L) and UBS AG (UBSN.VX) await the outcome of an industry-wide probe.
 
(Reporting By Lauren Tara LaCapra; Editing by Leslie Adler)
 
 
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July 10: Wall Street Professionals Think Cheating Builds Success
 
Nearly one-fourth of financial services professionals feel it’s at least sometimes necessary to do illegal or unethical things to be successful, and many are motivated to do so by fat bonuses and other compensation.
 
That’s according to a new survey of 500 U.S. and British fund managers, bankers, asset managers and other financial services professionals.
 
It was conducted in June on behalf of the law firm Labaton Sucharow, which specializes in whistleblower cases.
 
Twenty-four percent of respondents said if you work in financial services you must at times engage in unethical or illegal activity to be successful….
 
The survey… also comes just months after a Goldman Sachs employee named Greg Smith announced his departure from the firm via a New York Times op-ed in which he derided the company as toxic and destructive, motivated by profit over the client’s best wishes.

 
 
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July 10: LIBOR Manipulation Investigated by Serious Fraud Office (SFO)
 
On Monday the SFO released this statement, “The issues are complex and the assessment of the evidence the FSA has gathered will take a short time, but we hope to come to a conclusion within a month.”
 
 
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July 11: LIBOR Scandal Could Turn “Ugly” as Cities Begin to Sue
 
The news on Wednesday that cities and states are suing some of the world's largest banks over Libor manipulation shows how this scandal could blow up into one of history's biggest bank frauds.
 
That's because interest-rate manipulation might well have kept your town or state from hiring firefighters or teachers, from paving roads or paying for indigent care or after-school programs for your kids — adding to the human suffering of the economic collapse these same banks caused in the first place.
 
If it's any consolation, the lawsuits and fines over this manipulation could potentially cost the banks — which include not only Barclays but Bank of America, JPMorgan Chase, Citigroup, and many more — billions of dollars.
 
"This could get very ugly in a hurry for some banks," Peter Tchir of TF Market Advisors wrote in a note.
 
And this could finally be enough to make Americans stop reacting to the Libor scandal with "a shrug," as Joe Nocera recently put it, and push them closer to believing what Robert Shapiro, founder of economic advisory firm Sonecon, calls possibly "the biggest financial fraud in history."
 
Would it be enough, maybe, to finally cause banks to lose the argument that regulating them too much will hurt the economy?
 
The New York Times wrote Wednesday that several states, towns and other municipalities are rounding up posses of lawyers to sue big banks over their manipulation of Libor, a short-term interest rate that affects borrowing costs throughout the global economy.
 
Barclays has admitted to manipulating the rate for years, paying $450 million in penalties. Other banks are under investigation for doing the same thing.
 
The scandal has already engulfed Treasury Secretary Tim Geithner and Federal Reserve Chairman Ben Bernanke who have been asked to testify before a Senate subcommittee about rate manipulation….
 
But the sheer vastness of the derivatives market makes this a potentially huge headache for the banks. There's a general estimate floating around that Libor affects about $800 trillion in notional derivatives — that's "trillion," not "billion" or "million."
 
Banks are not going to be on the hook for anything near that much, as the bulk of this amount is "notional" — meaning, roughly, "not real."
 
What is far more likely is that people with derivatives contracts tied to Libor lost tiny percentages of that $800 trillion with some regularity because of Libor manipulation.
 
Some municipalities in the Times story estimate Libor manipulation cost them millions of dollars — $13 million in the case of Nassau County, New York, for example.
 
That's the same Nassau County whose crushing long-term unemployment is the subject of an HBO documentary, "Hard Times: Lost On Long Island."
 
That's "millions," not "trillions." Tater tots, if you're a bank. But priceless for a municipality struggling to hire workers, build infrastructure or take care of the people being crushed by the recession and painfully slow recovery.
 
And there are hundreds, maybe thousands, of municipalities involved in this. A 2010 Wall Street Journal article about how states and cities were losing money on derivatives noted that in Pennsylvania alone, 107 school districts owned interest-rate derivatives during the time period banks were allegedly manipulating rates.
 
That's 107 school districts in one state alone losing untold millions of dollars because of lower interest rates, which may have been lower than they should have been because of Libor manipulation. That's 107 school districts in one state alone that had a harder time paying teachers, buying computers, of funding art programs.
 
Peter Tchir of TF Market Advisors tried in a research note this morning to arrive at what some of the big numbers might look like, if all of these potential litigants decided to up and hit the banks all at once.
 
If the banks were responsible for moving the three-month Libor rate by just 1/100th of a percentage point on that entire universe of $800 trillion in notional derivatives contracts, then that would be worth $20 billion, according to Tchir's calculations.
 
Banks are probably not going to be on the hook for derivatives worth anything close to that $800 trillion.
 
But if banks manipulated rates by more than that 1/100th of a point, or for more than 90 days — the term of three-month Libor — on even smaller notional derivative amounts, then the numbers can still get big in a hurry.
 
And that doesn't even include punitive damages. And it doesn't include the estimated $10 trillion in mortgages and other loans tied to Libor, including $275 billion worth of U.S. mortgages, according to an estimate from the Office of the Comptroller of the Currency referenced in the FT.
 
"That is the real exposure a bank caught 'lying' faces," Tchir writes. "If the lie was big enough and for a long enough period and anyone entitled to receive payment based on LIBOR can make the claim, the potential damage to the bank is enormous."
 
 
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July 11: The Price of Gold is Manipulated – More Scandalous Than LIBOR
 
As with everything in economics, there is a correctional market mechanism for this scenario – the flight to commodities, particularly precious metals like gold.
 
Gold holds its value when paper money loses value, because it is beyond the gift of the government to simply will gold into being and give it to friends in high places or voters in low ones.
 
If gold has been manipulated downwards and if that process continues, then all recourse to a store of value (other than land and property) has been taken from the individual.
 
The value of our money is falling thanks to Quantitative Easing. Fixing in the gold market takes away one of the key hedges for those with cash assets but no property.
 
The true fall in the value of money is probably better seen through the rise in house prices since the 1980s – a much better reflection of the market mechanism thanks to the suppliers being so large and because of the lack of a two-way interplay between house prices on the street and derivative products for traders.
 
In any case, it would appear that the Libor scandal at Barclays has acted to draw out more market figures willing to claim openly that organised price fixing has occurred in gold.
 
Ned Naylor-Leyland, investment director at Cheviot, a British investment firm, had the following to say on CNBC the other day (H/Tt Chris Powell):
 
In the aftermath of the Libor scandal, the Bank of England complained that it had received no forewarning from the marketplace.
 
Gold price manipulation may well be the next big scandal to break – if it does, this time nobody can say that they were not warned.
 
 
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July 12: Market Savior? Stocks Might Be 50% Lower Without Fed
 
A report from the Federal Reserve Bank of New York suggests that the bulk of equity returns for more than a decade are due to actions by the US central bank.
 
Theoretically, the S&P 500 [.SPX  1350.34   15.58  (+1.17%)  ] would be more than 50 percent lower—at the 600 level—if the bullish price action preceding Fed announcements was excluded, the study showed.
 
Posted on the New York Fed’s web site Wednesday, the study sought out to explain why equities receive such a high premium over less risky assets such as bonds.
 
What they found was that the Federal Reserve has had an outsized impact on equities relative to other asset classes.
 
 
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July 12: Wife of NY Fed Prez Gets 190,000 Dollars a Year From JP Morgan
 
 
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July 12: LIBOR Banks Hoping to Get Off With 14 Billion-Dollar Fine
 
 
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July 12: The Market Has Spoken, and It Is Rigged
 
Robert E. Diamond Jr., who resigned last week as chief executive of Barclays, reportedly said, “On the majority of days, no requests were made at all” to cheat on Libor.
 
The Economist, which does not make a general habit of criticizing prominent people in the financial sector, observed, “This was rather like an adulterer saying that he was faithful on most days.”
 
Mr. Diamond has fallen. Who is next? How will this play in American politics?
 
There is still time for politicians on the right and on the left of the political spectrum to get ahead of the issue. Digging in around specious arguments in favor of price-fixing cartels is not the way to go.
 
Power corrupts, and financial market power has completely corrupted financial markets.
 
Barclays and the other global megabanks involved in fixing Libor have brought their own industry very low – completely destroying the legitimacy on which sensible financial intermediation needs to be based.
 
Who trusts a banker at this point? The collateral damage is enormous. Who in their right mind would buy a complex derivative product from Barclays or anyone else implicated in this growing scandal?
 
 
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July 12: Warren Buffett: LIBOR Scandal Involves the Whole World
 
Everyone should be paying attention to the Libor scandal, at least according to Warren Buffett.
 
"It's a big deal," Buffett told CNBC "Squawk Box" host Becky Quick Thursday. "You get Libor, and you're talking about the whole world."
 
Big banks have come under fire following allegations that many profited off the manipulation of Libor, a key interbank lending rate that acts as a benchmark for interest rates around the world.
 
The first bank to admit wrongdoing, Barclays, agreed to pay more than $450 million last month to settle claims it manipulated the rate.
 
The 16 banks under investigation by governments in Europe, the U.S., and Japan for allegedly rigging Libor include Bank of America, JPMorgan Chase, and Citigroup.
 
Rolling Stone's Matt Taibbi recently said it was likely that most or all of these banks were guilty of rigging Libor, since 16 banks help set the Libor rate every day. On CNBC, Buffett called Libor "the base rate for the whole world."
 
 
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July 12: Iceland Hires Bounty Hunter to Get Bankers That Wrecked Its Economy
 
If you were involved in Icelandic high finance in the runup to the recession, you might want to start watching your back.
That's because the government has appointed a white collar crime bounty hunter who wants to haul your behind in (alive, to be sure)….
 
Hauksson oversees a posse of 100 researchers to help track down outlaws. He's netted some major convictions since starting in 2009, including the former chief of staff of the country's finance minister on insider trading charges. Many others await their day in court, Chabas writes. 
 
And he will track you down even if you've fled abroad.
 
"Searches continue and the team pursues its investigations abroad in the foreign subsidiaries of the Icelandic banks and includes questioning foreigners," Chabas writes. " 'We enjoy full international cooperation,' stresses Olafur Hauksson."
 
 
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July 12: NCAA Must Give Death Penalty to Penn State Football
 
If the worst is true, then Paterno and other officials at Penn State covered up Sandusky’s crimes because they wanted to protect the sanctity of the football program and make sure it continued unfettered, winning games and raking in cash….
 
The NCAA surely never has seen anything quite like this.
 
A sexual predator not only being protected from detection by one of its member institutions, but allowed to continue his abhorrent behavior?
 
It sounds like some storyline concocted for an episode of a network procedural. The fact that it was real is beyond chilling.
 
Again, the NCAA doesn’t yet know all the facts. But it can prepare in case all the facts add up to the worst possible outcome.
 
If it is determined that Penn State knew a lot more than it is letting on — including possible involvement by its late football coach in keeping silent about Sandusky’s actions — then the NCAA should prepare to hand down its death penalty to a Division I football program for only the second time in its history, after Southern Methodist University received it in 1987.
 
If Penn State is indeed found culpable, then this is one time the public should welcome the NCAA’s heavy hand.

 

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July 13: JP Morgan Triples Original Loss Estimates to 5.8 Billion
 
NEW YORK — JPMorgan Chase said Friday that a bad trade had cost the bank $5.8 billion this year, almost triple its original estimate, and raised the prospect that traders had improperly tried to conceal the blunder.
 
"This has shaken our company to the core," CEO Jamie Dimon said.
 
The bank said managers tied to the bad trade had been dismissed without severance pay and that it planned to revoke two years' worth of pay from each of those executives.

 

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July 13: Romney Is More of the Same — Will Benefit the Super-Rich

“Is there a V.I.P. entrance? We are V.I.P.”

That remark, by a donor waiting to get in to one of Mitt Romney’s recent fund-raisers in the Hamptons, pretty much sums up the attitude of America’s wealthy elite.

Mr. Romney’s base — never mind the top 1 percent, we’re talking about the top 0.01 percent or higher — is composed of very self-important people.

Specifically, these are people who believe that they are, as another Romney donor put it, “the engine of the economy”; they should be cherished, and the taxes they pay, which are already at an 80-year low, should be cut even further.
 
Unfortunately, said yet another donor, the “common person” — for example, the “nails ladies” — just doesn’t get it.
 
O.K., it’s easy to mock these people, but the joke’s really on us.
 
For the “we are V.I.P.” crowd has fully captured the modern Republican Party, to such an extent that leading Republicans consider Mr. Romney’s apparent use of multimillion-dollar offshore accounts to dodge federal taxes not just acceptable but praiseworthy:
 
“It’s really American to avoid paying taxes, legally,” declared Senator Lindsey Graham, Republican of South Carolina. And there is, of course, a good chance that Republicans will control both Congress and the White House next year.
 
If that happens, we’ll see a sharp turn toward economic policies based on the proposition that we need to be especially solicitous toward the superrich — I’m sorry, I mean the “job creators.” So it’s important to understand why that’s wrong….
 
…Quite a few of today’s superrich, Mr. Romney included, make or made their money in the financial sector, buying and selling assets rather than building businesses in the old-fashioned sense.
 
Indeed, the soaring share of the wealthy in national income went hand in hand with the explosive growth of Wall Street.
 
Not long ago, we were told that all this wheeling and dealing was good for everyone, that it was making the economy both more efficient and more stable.
 
Instead, it turned out that modern finance was laying the foundation for a severe economic crisis whose fallout continues to afflict millions of Americans, and that taxpayers had to bail out many of those supposedly brilliant bankers to prevent an even worse crisis.
 
So at least some members of the top 0.01 percent are best viewed as job destroyers rather than job creators.
 
Did I mention that those bailed-out bankers are now overwhelmingly backing Mr. Romney, who promises to reverse the mild financial reforms introduced after the crisis?
 
 
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July 13: Federal Reserve Fully Aware of LIBOR Manipulation in 2007
 
The New York Federal Reserve on Friday released documents showing it knew banks were manipulating a key interest rate more than four years ago.
 
The documents, which date back to 2007, show that the Fed was fully aware that banks were lying about their borrowing costs when setting Libor, and chose to take no action against them.
 
The documents will likely feed growing concerns about whether the New York Fed, its former chief Timothy Geithner and other market watchdogs did everything they could to stop the manipulation.
 
The documents also raise more questions about whether the New York Fed and other regulators were too cozy with the banks involved, looking the other way in order to spare the banks too much pain at a time when the financial crisis was still brewing.
 
"We know that we’re not posting um, an honest LIBOR," a Barclays employee tells a New York Fed analyst in an April 11, 2008, call, "and yet we are doing it, because, um, if we didn’t do it, It draws, um, unwanted attention on ourselves."
 
The New York Fed representative expresses sympathy and understanding:
 
"You have to accept it," she says. "I understand. Despite it’s against what you would like to do. I understand completely."
 
The widespread manipulation of Libor, an interest rate set by banks self-reporting what they pay to borrow money for short periods, may have cost borrowers (when rates were manipulated higher) and state and local governments (when rates were manipulated lower) untold millions of dollars. And it could end up costing several banks billions of dollars in penalties and lawsuits.
 
In the documents released Friday — at the request of Rep. Randy Neugebauer (R-Tex.), Chairman of the House Financial Services Subcommittee on Oversight and Investigations — the New York Fed shows it was aware of problems with Libor as early as the fall of 2007….
 
But though the Fed said it continued to follow developments in Libor after mid-2008, it offers little documentation of that interest, beyond a handful of phone calls. There is no evidence that Geithner's recommendations were acted upon or that the Fed tried to make sure that they were.
 
"Our contacts at LIBOR contributing banks have indicated a tendency to under-report actual borrowing costs… in order to limit the potential for speculation about the institutions' liquidity problems," one New York Fed analyst wrote in April 2008.
 
In late October 2008, several months after Geithner's memo to King, a Barclays employee told a New York Fed representative that Libor rates were still "absolute rubbish."
 
 
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July 13: Congressman Welch — “Aggressively Prosecute” Everyone Involved
 
Rep. Peter Welch (D-Vt.) sent a letter to Attorney General Eric Holder Thursday, recommending he seriously look into the high profile Libor scandal that's swept across the U.K. and the U.S.
 
News of the scandal entered national headlines when Barclays Bank recently admitted to rigging the Libor rate, which is the average interest rate at which banks lend to one another, between 2005 and 2009.
 
"We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate [Libor] throughout the financial crisis," the letter says in its opening statement.
 
Barclay's, a multinational banking agency, agreed to pay $450 million in a settlement on June 27 amid allegations of Libor manipulation.
 
The Libor rate affects as much as $800 trillion in affiliated interest rates on anything from mortgages and pensions to government bonds and financial securities.
 
"This goes to the heart of the integrity of the financial system. It contributes to immense financial pain that ripples through the economy," Welch told The Huffington Post.
 
"To the extent that people who overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments — whoever was ripped off is entitled to get their money back."
 
Other banks headquartered in the U.S. are under investigation for their alleged involvement in the scandal, including Bank of America, Citigroup and JPMorgan Chase.
 
Sens. Jack Reed (D-R.I.) and Sherrod Brown (D-Ohio), both of whom sit on the Senate Banking Committee, co-wrote a letter to Holder on behalf of 12 Senate Democrats regarding the scandal.
 
The letter urges Holder and the Financial Stability Oversight Council, which was established in the Dodd-Frank Wall Street Reform And Consumer Protection Act, to conduct a thorough investigation into the matter of banking malfeasance that they say has had a ripple effect on the economy and individuals across the U.S.
 
"We are troubled that several of the world’s largest financial institutions, including several based in the United States, may be involved in an effort to purposely misstate the London Inter-Bank Offered Rate (LIBOR), a key interest rate used in as much as $800 trillion worth of financial instruments," they say in the letter.
 
"Any illicit profits should be "clawed back" from the banks and from the individual participants. The folks who participated in this violation of the law should spend some time behind bars. Senator Brown is right to be aggressive in this investigation," Welch said.
 
"There has to be a cop on the beat," he added. "We have to send a message to these people who are entrusted with bank deposits that they can't use them for their personal gain."
 
 
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July 13: Top Regulator Says We’re All Losers from LIBOR
 
You may not do any banking in London. You may not have ever been to London. But Gary Gensler is pretty sure the London interbank offering rate affects you — and not in a good way.
 
"I think we're all losers when a rate like this is susceptible to manipulation," Gensler, the chairman of the Commodity Futures Trading Commission, told Time magazine's Rana Foroohar on Thursday.
 
Gensler was talking about the Libor rate-rigging scandal that's lately enveloped Barclays and threatens to rattle the entire financial system.
 
Officials at Barclays have admitted to falsely reporting company data in an attempt to game Libor, the interest rate that forms the basis for trillions of dollars' worth of financial instruments worldwide.
 
More than a dozen other major banks are under investigation now for similar allegations.
 
On Friday, the Federal Reserve Bank of New York disclosed documents showing that it knew as early as 2007 that Libor could be compromised.
 
Yet aside from then-president Timothy Geithner sending a memo to the Bank of England in 2008, the New York Fed appears to have taken little action based on what it knew.
 
During an interview with Foroohar this week, Gensler called the rate-rigging scandal "historic" and explained that Libor underpins so many different financial transactions that the effects of tampering with it could be hard to fathom.
 
The rate is "embedded in so many of your mortgages, your credit card loans, and anything that you borrow against," Gensler said.
 
The effects could prove to be mixed, according to CNNMoney, with some consumers possibly in a position to take advantage of lower interest payments, and others facing the unpleasant scenario of earning less in their pensions or mutual funds.
 
But Gensler, who's been outspoken in the past about banks and regulators not looking out for the little guy, suggested to Foroohar that the real problem with the Libor scandal is that it erodes public trust in a financial system already regarded with suspicion.
 
"We all need something that we can have confidence in," Gensler said.
 
 
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July 13: Austerity Measures Bring EU to a Halt
 
Politics is really far behind, at least in Europe, far behind the interests of the banks that are manipulating the entire decision making process and we are not getting any better with the measures that they are undertaking.
 
These measures I agree may risk to derail to severe unrest after the summer when people come back and we find extremely difficult to go through the next winter.

So, the situation is really pretty dangerous. I do not see the light at the end of the tunnel.

 
There is a need to address separate issues dividing the problems. So one thing is the debt of the state; one thing is the private debt of the banks; and then there are the industries. We have to separate the issues.
 
 
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July 14: Justice Department Building Criminal Cases for LIBOR
 
WASHINGTON, July 14 (Reuters) – The U.S. Justice Department is building criminal cases against several financial institutions and their employees related to the manipulation of interest rates, The New York Times reported on Saturday.

Citing government officials close to the case who spoke on condition of anonymity, the Times said traders at Barclays Plc were among the individuals against whom Justice was building cases. Authorities expect to file charges against at least one bank later this year, the newspaper reported….

 
With the prospect of possible criminal charges, several financial institutions, including at least two European firms, are scrambling to arrange deals with the government, the Times reported, citing lawyers close to the case.

Given the broad scope of the Libor case and the number of institutions thought to be involved, the investigations could provide authorities with a "signature moment" to hold big banks accountable for misdeeds during the financial crisis, which hit global markets from late 2007, the newspaper said.

Still, the investigation is unusually complex, could continue for years and end in settlements rather than indictments, the Times said, citing officials close to the case.

 
 
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July 14: Regulators Knew About LIBOR and Did Nothing
 
Regulators on both sides of the Atlantic failed to act on clear warnings that the Libor interest rate was being falsely reported by banks during the financial crisis, it emerged last night.
 
A cache of documents released yesterday by the New York Federal Reserve showed that US officials had evidence from April 2008 that Barclays was knowingly posting false reports about the rate at which it could borrow in order to assuage market concerns about its solvency.

 
 
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July 15: Traders Got Banks to Manipulate LIBOR
 
Traders were found to have put pressure on the Libor "submitters" to change the Libor rate to help mask losses and help improve their own financial positions.
 
Barclays has been the focus so far, but it is known that banks across the City and Wall Street, from Lloyds Banking Group to JP Morgan, are likely to be pulled into the scandal.
 
The FSA report into the scandal found that traders at other banks also asked Barclays submitters to change their numbers.
 
It states: "At least 12 of the US dollar Libor requests made to Barclays submitters were made on behalf of external traders that had previously worked at Barclays and were now working at other banks."
 
In a separate passage, there were a further 11 requests from just one trader who used to work for Barclays.
 
John Thurso, the Lib Dem MP named last week as a member of the Parliamentary Commission on Banking Standards, said the revelations were "clearly a cause for concern and should be looked into".
 
 
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July 15: NYT Admits Media Under Total Control
 
The quotations come back redacted, stripped of colorful metaphors, colloquial language and anything even mildly provocative….
 
From Capitol Hill to the Treasury Department, interviews granted only with quote approval have become the default position.
 
Those officials who dare to speak out of school, but fearful of making the slightest off-message remark, shroud even the most innocuous and anodyne quotations in anonymity by insisting they be referred to as a “top Democrat” or a “Republican strategist.”….
 
Those who did speak on the record said the restrictions seem only to be growing. “It’s not something I’m particularly proud of because there’s a part of me that says, ‘Don’t do it, don’t agree to their terms,’ ” said Major Garrett, a correspondent for The National Journal.
 
“There are times when this feels like I’m dealing with some of my editors. It’s like, ‘You just changed this because you could!’ ”
 
It was difficult to find a news outlet that had not agreed to quote approval, albeit reluctantly. Organizations like Bloomberg, The Washington Post, Vanity Fair, Reuters and The New York Times have all consented to interviews under such terms.

 
 
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July 16: LIBOR — Latest Front in the War on Reality
 
The Libor scandal looks and smells like an old-fashioned financial fraud, but it also presents the latest example of a more modern phenomenon: the war against reality being waged with ferocity by special interests that profit from limited public awareness of what's actually taking place.
 
This campaign has proven remarkably effective — not in altering reality, but in muddying perceptions, corrupting our basic understanding of matters both critical and mundane, from the risks of financial crisis or of climate change to our expanding waistlines.
 
For those who have grown too inured to financial shenanigans to bother keeping up, Libor is an interest rate that captures the costs that banks in London charge one another for short-term loans.
 
Much of global finance is pegged to this rate, from ordinary mortgages to trillions of dollars' worth of credit derivatives, the exotic instruments that played a leading role in the financial crisis of 2008.
 
Libor plays such an outsized role in shaping the terms of global commerce that it is more than a benchmark. It is essentially a barometer for the health of the global financial system.
 
People who manage money — not just at investment banks, but at pension funds as well — use Libor as a gauge of confidence.
 
When Libor is seen to be low, this is taken as a sign that money is changing hands freely, without undue concern that borrowers will stumble or fail to pay back their loans.
 
When Libor is rising, this is an indication that concerns are mounting, generating reluctance to lend money. In short, it is a signal to proceed with caution.
 
 
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July 16: LIBOR Manipulation — Anyone Can Do It!
 
Libor is like a honey trap for banks: The perfect lure for getting themselves into deep trouble.
 
Bloomberg writes today that it has long been ridiculously easy for one bank acting alone to manipulate Libor, a key short-term lending rate.
 
The rate is determined by banks' self-reporting, and we're learning that banks have for years skewed it to make money in derivatives trades or to make them look healthier than they really are.
 
And anybody can do it!
 
"One former trader interviewed by Bloomberg News… said he and his colleagues tried to influence his bank’s rate- setters over a period of years because it was easy and even small movements helped their profit and loss accounts," Bloomberg's Liam Vaughan and Katie Linsell write.
 
There's no need for a vast banking conspiracy to drive Libor higher or lower — banks can do it on their own, for fun and profit. But mostly profit.
 
And you better believe they did, for years and years, a scandal that is only starting to unfold.
 
The attorneys general in New York and Connecticut have launched criminal investigations. The New York Times reported over the weekend that the U.S. government is also building its own criminal cases.
 
Regulators continue to be on the hot seat for looking the other way for years while this went on — British regulators at the Financial Services Authority are due to appear before Parliament today.
 
And, most insidious of all, the Libor scandal is turning into another massive blow to investor confidence in financial markets — which, come to think of it, may ultimately turn out to be a good thing.
 
Because if there's one thing we've learned over the years, it's that these bankers will screw you every time they get the chance.
 
 
HEADING
 
July 16: Geithner’s LIBOR Recommendations Came Straight From Banks
 
WASHINGTON — Treasury Secretary Timothy Geithner has so far escaped responsibility for the spreading Libor fixing scandal by releasing documents showing that when he became aware of the problem in 2008, as head of the Federal Reserve Bank of New York, he made recommendations to address it….
 
But the Fed, along with its statement, also released the staff work that led to the recommendations.
 
Those documents reveal that the recommendations Geithner sent to London did not come from staff, but rather were proposed by major banks and more or less forwarded on verbatim.
 
 
HEADING
 
July 16: New York State to File Civil & Criminal Charges in LIBOR Scandal
 
New York’s Attorney General has opened an investigation in to the alleged rigging of the benchmark Libor rate.
 
Eric Schneiderman, along with his Connecticut counterpart George Jepsen, have been investigating the matter for six months, according to Mr Schneiderman’s spokesman.
 
Last month Barclays paid $450m to US and UK regulators to settle allegations it had manipulated Libor.
 
Some of the traders requesting the Libor manipulation were based in New York.
 
A number of large banks also have trading floors in Connecticut.
 
The New York Attorney General has powerful legal tools at his disposal.
 
His office is able to bring both civil and criminal charges, and can use a state fraud law that allows prosecuting authorities to establish financial fraud even if it wasn’t intended.
 
The news of this latest investigation follows a report that the Department of Justice is building criminal cases against several banks as well as individual employees, including traders at Barclays….
 
Later this week chairman of the Federal Reserve Ben Bernanke will appear before two powerful congressional committees – the Senate Banking Committee and the House Financial Services Committee.
 
He is expected to be grilled extensively on Libor and whether US regulators could have done more to protect the US financial system and American consumers.
 
US Treasury Secretary Timothy Geithner is also expected to appear before the Senate Banking Committee in the coming weeks to face similar questions.
 
 
HEADING
 
July 16: Wall Street May Face LIBOR Legal Threat From Small Banks
 
(Reuters) – The thousands of community banks have often said their much larger counterparts have trampled on them.
Now some hope the latest Wall Street scandal could give them ammunition to strike back. Big banks' alleged manipulation of interest rates has become the subject of a deepening global investigation by regulators.
 
It has also led one small bank in Wisconsin to file a lawsuit accusing JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc and other major banks of colluding to set rates artificially low.
 
The Community Bank & Trustof Sheboygan — a town on the shores of Lake Michigan about 60 miles north of Milwaukee — is claiming manipulation of the benchmark London interbank offered rate, commonly known as Libor, has kept its interest margins artificially low.
 
Determined in London by the world's biggest banks, the Libor is used to set interest rates on everything from credit cards to student loans and mortgages.
 
Charles Tompkins of Boston law firm Shapiro Haber & Urmy filed the lawsuit in late May on behalf of the 11-branch bank, which has assets of about $554 million. It seeks class-action status so other community banks can join the litigation.
 
While it is unclear whether many small banks will do so, the legal action is further evidence that the scandal is reverberating well beyond the confines of Wall Street and the City of London.
 
Big banks are already facing an array of Libor-related lawsuits by some big investors and local governments, such as the city of Baltimore.
 
Tompkins, whose class-action firm has handled securities, antitrust and consumer lawsuits, said U.S. community banks might have lost more than $1 billion over four years on loans to small businesses at artificially low rates.
 
The alleged manipulation hurt small banks that operate on thin profit margins and rely more on interest income than large banks with diverse trading operations, he said.
 
The lawsuit accuses the banks of violating the mob-busting U.S. Racketeer Influenced and Corrupt Organizations Act by rigging rates.
 
The bank defendants declined to comment. They have said in court papers seeking dismissal of other Libor lawsuits that plaintiffs have failed to show how banks acted to restrict competition, even if rates were misstated.
 
 
HEADING
 
July 17: Lil Wayne – My Homies Still [8,787,332 Hits on 8/7]
 
[Shooting was night of July 19/20, 2 days after this release]
 
 
 
Bob Schlenker — June 12, 2012
 
The mannequins should be a very familiar prop to those who have been following the Vigilant Citizen blog for any length of time, with possibly hundreds of examples illustrating the dissociated identities created through the trauma of Satanic Ritual Abuse.

A seemingly endless array of fashion shoots and pop videos present the victims of abuse and their alter identities using lifeless representations of people that include mannequins, dolls, robots, puppets, stuffed animals, masks and shadows.

 
A celebrity is pictured next to a doll or mannequin signalling mind control, alter personalities and dissociation.
 
What's illustrated is the issue of control over the body and the ability to influence one's own condition and situation by their will.
 
The two pictured are one in body but separate as distinctly compartmentalized identities.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Lil Wayne – My Homies Still Lyrics

 
 
HEADING
 

July 17: LIBOR Scandal May Cost Banks $35 Billion
 
The Libor scandal gets more expensive for the banking sector almost by the day.
 
Banks may end up paying $35 billion in civil damages for manipulating Libor, according to a new report by analysts at Keefe, Bruyette & Woods, an investment bank specializing in financial services.
 
 
HEADING
 
July 17: State Bankruptcy Crises “Threaten Social Order”
 
WASHINGTON — State finances are teetering with $4 trillion in unfunded liabilities to cover pensions and health care for state workers, along with revenue shortfalls, antiquated financial practices and skyrocketing Medicaid costs, according to a report released Tuesday.
 
The State Budget Crisis Task Force — organized by former Federal Reserve Chairman Paul Volcker and former New York Lt. Gov. Richard Ravitch (D) — is the first complete study of the state finances conducted without the involvement of state government groups.
 
Volcker and Ravitch concluded that the dire financial portrait may lead to major cuts for social services, causing a cascade of further problems for state and local governments nationwide.
 
"The thing that worries me is the threats to the social order," Ravitch told The Huffington Post, noting that "cultural and social bankruptcy precede financial bankruptcy." "You can't cut human services and cut the ability of government to take care of the people."
 
 
HEADING
 
July 17: National Review Online Calls For Mitt Romney to Release Tax Returns
 
Yet another conservative voice — or in this case, publication — has joined the chorus calling for Mitt Romney to release his tax returns.
 
The right-leaning National Review Online released an editorial Tuesday arguing that Romney may not be required legally to release his tax returns, but that at this point, he needs to do so anyway.
 
"It is to President Obama's advantage to fight the election out over tactics and minutiae," the editors wrote. "By drawing out the argument over the returns, Romney is playing into the president's hands. He should release them, respond to any attacks they bring, and move on."
 
The presumptive GOP nominee has refused to release any more tax returns — so far, he's made public his 2010 return and an estimate of his 2011 return — even as Democrats continue to attack him for his lack of transparency.
 
A number of conservatives, including pundits Bill Kristol and George Will and GOP politicians such as former Mississippi Gov. Haley Barbour and primary rival Rep. Ron Paul of Texas, have called for Romney to release the documents.
 
Romney said in an interview published Tuesday by National Review Online that he is "simply not enthusiastic about giving [the Obama campaign] hundreds or thousands of more pages to pick through, distort, and lie about."
 
 
HEADING
 
July 17: After LIBOR, Use Your Imagination to Find the Next Scandal
 
No one would have believed Libor interest rates could generate the biggest scandal in financial services since Fred Goodwin waltzed off into the sunset with a £500,000 annual pension.
 
That was until a journalist on the Wall Street Journal noticed there was something odd about the numbers banks were submitting during the financial crisis, prompting a multi-million pound transatlantic investigation.
 
Its findings shone an unflattering light into one of the City's dark corners that resulted in Barclays paying £290m in fines and saw the resignations of its chief executive, chief operating officer and chairman.
 
But Libor interest rates aren't the only oddity in the Square Mile.
 
Here we shine a light into a few more of the City's dark corners. The professionals dismiss talk of a scandal coming from any of them. But they used to say that about Libor interest rates.
 
[Gold Fixing, the FTSE 100, the Foreign Exchange Market (FOREX), Over the Counter Derivatives and Oil Markets.]
 
 
HEADING
 
July 17: US Senate Opens Huge Case Against HSBC Bank
 
Britain's biggest bank allowed rogue states and drugs cartels to launder billions of pounds through its branches.
 
HSBC stands accused of fostering such a ‘polluted’ culture it became a conduit for criminal enterprises.
 
A top executive at the bank sensationally quit yesterday in front of a US Senate hearing that exposed the scale of the scandal.
Following the Barclays rate-fixing revelations, it deals another blow to the City of London’s reputation.
 
HSBC – one of the few UK banks to survive the financial crisis with its reputation intact – now faces up to £640million in penalties. A devastating 335-page Senate report accused HSBC of ignoring warnings and breaching safeguards that should have stopped the laundering of money from Mexico, Iran and Syria.
 
The bank failed to monitor a staggering £38trillion of money moving across borders from places that could have posed a risk, including the Cayman Islands and Switzerland.
 
The failures stretched to dealings with Saudi Arabian bank Al Rajhi, which was linked to the financing of terrorism following 9/11.
 
HSBC’s American arm, HBUS, initially severed all ties with Al Rajhi. But it later agreed to supply the Saudi bank with US banknotes after it threatened to pull all of its business with HSBC worldwide.
 
 
HEADING
 
July 17: HSBC Chief Quits In Front of Senate
 
Head of compliance at British banking giant HSBC resigned in front of a US Senate subcommittee today after it emerged the bank had exposed the US to billions of dollars worth of money laundering, drug trafficking, and terrorist financing.
 
David Bagley, who has been HSBC head of group  compliance since 2002, stepped down before the Homeland Security and Governmental Affairs subcommittee after its findings were published.
 
Mr Bagley, who had a 20 year career with the bank and is based in London, said: ‘Despite the best efforts and intentions of many dedicated professionals, HSBC has fallen short of our own expectations and the expectations of our regulators.’
 
 
HEADING
 
July 17: Bernanke "smoking gun:"
http://www.zerohedge.com/news/santelli-smoking-gun
 
CNBC's Rick Santelli just reiterated his earlier sentiment that the comments that Mr. Bernanke made earlier were indeed the "Libor Smoking Gun"….
 
As Rick notes in Bernanke's own words: "the manipulation of rates was a little bit low by certain banks but they just wanted to show they were healthy during the crisis" – unbelievable!….
 
Must watch 100 seconds of eye-opening reality TV.
 
 
HEADING
 
July 18: "Wall Street is Ruining America" – Calls for Arrests
 
Wall Street — that amalgam of hedge funds, bankers and the rest — keeps committing transgressions at a time when most Americans are still raw over the housing bubble, the deep financial crisis that followed and the ensuing bailouts.
 
There are so many, it's hard to keep up — and to contain the outrage.
 
The latest is the scandal over the artificial fixing of the benchmark London Interbank Offered Rate, (Libor) on which the value of some $350 trillion worth of derivatives, mortgages, student loans and other assets is determined.
 
The kicker is that regulators around the world, including those at the New York Federal Reserve Bank when it was headed by Timothy Geithner, now the Treasury secretary, knew about the problem as early as 2007 and didn't do anything until the financial press blew the whistle and forced their hand….
 
Just look at how the Libor scandal has progressed. Regulators in at least seven countries are now investigating a wide swath of the financial system, even though members of the Fed were aware of deficiencies in the survey system that sets the interest rate five years ago.
 
And now, there is evidence the Bank of England was complicit in the manipulation of rates in 2008….
 
I checked in with Robert Wright, an economic historian at Augustana College in Illinois, for some perspective on all this. He [said]… it's unusual, and somewhat frightening, that, aside from GOP presidential candidate Rep. Ron Paul of Texas, there is no political figure sounding the anti-Wall-Street battle cry.

There is no modern-day Andrew Jackson, who took down the Second Bank of the United States — one of our early central banks — out of concern that stockholders were earning easy profits from taxpayers via the privilege of using cheap government money to make loans.

 
Sounds like the deal today's Federal Reserve member banks get….
 
 
HEADING
 
July 19: Jon Stewart Exposes LIBOR – Transcript
 
 
HEADING
 
July 19: Max Keiser – Concise List of Recent Bank Fraud
 
 
HEADING
 
July 19: Media Prioritize Animal Attacks and Tom Cruise Over LIBOR Scandal
 
Instead of covering one of the largest banking scandals in history, American television news outlets have focused on the divorce of Tom Cruise and Katie Holmes, shark sightings, and a chimpanzee attack.
 
Last week, we documented how television news outlets are practically ignoring an emerging controversy over whether major financial institutions have been manipulating the LIBOR, a key interest rate banks use to borrow money from each other that is "used as a benchmark to set payments on about $800 trillion worth of financial instruments." 
 
MIT professor of finance Andrew Lo told CNN Money that the LIBOR-manipulation story "dwarfs by orders of magnitude any financial scams in the history of markets."
 
In the fifteen days after news broke that U.S. and U.K. regulators had fined British multinational bank Barclays $450 million for its role in trying to rig the LIBOR, ABC, CBS, NBC, CNN, Fox News, and MSNBC spent only 12 minutes combined reporting on the story during their evening newscasts and opinion programming.
 
With few exceptions — notably MSNBC's Up with Chris Hayes and Current TV's Viewpoint with Eliot Spitzer — the scandal has been largely relegated to financial outlets.
 
In a post chiding ABC and NBC for ignoring LIBOR entirely during their flagship nightly news programs, Washington Post media writer Erik Wemple joked that ABC "[c]an't bump complicated, clunky old LIBOR for fins protruding from the ocean." 
 
Wemple's suggestion that the networks' failure to cover LIBOR was not caused by their preference for other important hard news stories is depressingly accurate.
 
The same outlets that found only 12 minutes of time to report on LIBOR from June 27 to July 12 during their evening programming devoted nearly 65 minutes to stories about sharks during that same time period.
 
The numbers are even worse when comparing LIBOR coverage to coverage of the divorce of Tom Cruise and Katie Holmes. ABC, NBC, CNN, Fox News and MSNBC devoted almost 91 minutes to stories related to the celebrity divorce, which is more than seven times longer than they spent on LIBOR during the same period.
 
Only CBS' Evening News, which was the only network newscast to cover LIBOR during the time of this study, ignored the divorce.
 
Similarly, a story about chimpanzees attacking an American student at an animal sanctuary in Africa received more than 20 minutes of primetime coverage.
 
CBS was the only network to devote more coverage to LIBOR than to these trivial stories during the study.
 
 
HEADING
 
July 20: James Holmes, 24, ID’ed as Suspect
 
HEADING
 
July 26, 2008: Sadism in “The Dark Knight”
 
If I were 10 years old, would I be badgering my parents to take me to see the new Batman film, The Dark Knight? You bet I would. It's the latest and biggest release in the superhero genre, which children instantly understand as a direct appeal to their special interests.
 
It's also touched with the alluring suggestion of forbidden fruit: the maniacal, deranged face of The Joker, grippingly played by the late Heath Ledger, leers from posters all over town.
 
If I were the parent who relented and took a 10-year-old child to see The Dark Knight, would I be sorry?
 
Once again, you bet I would. It's different from other superhero films, as fans are quick to point out.
 
Certainly, there are surprises in its swooping camera angles and darkened, ominous screen.
 
But the greatest surprise of all – even for me, after eight years spent working as a film critic – has been the sustained level of intensely sadistic brutality throughout the film.
 
I will attempt to confine my plot spoilers to the opening: the film begins with a heist carried out by men in sinister clown masks. As each clown completes a task, another shoots him point-blank in the head.
 
The scene ends with a clown – The Joker – stuffing a bomb into a wounded bank employee's mouth.
 
After the murderous clown heist, things slip downhill. A man's face is filleted by a knife, and another's is burned half off. A man's eye is slammed into a pencil.
 
A bomb can be seen crudely stitched inside another man's stomach, which subsequently explodes. A trussed-up man is bound to a chair and set alight atop a pile of banknotes.
 
A plainly terrorised child is threatened at gunpoint by a man with a melted face. It is all intensely realistic. Oh but don't worry, folks: there isn't any nudity.
 
What's the problem? I can already hear some people asking. It's all a comic-book fantasy, and comic books are well known for their surreal, cartoonish bursts of violence.
 
But the director, Christopher Nolan, hasn't sought to ramp up the cartoonish aspects of his superhero story, as other directors before him have. He has tried instead to make the violence and fear as believable as possible, and in this he has succeeded.
 
The Dark Knight, however, has been rated 12A by the British Board of Film Classification, which means that although the BBFC believes it is best suited to children aged 12 and over, any under-12 can see it provided he or she is accompanied by an adult.
 
Cinemas are even holding parent-and-baby screenings….
 
Increasingly, extreme screen violence is used not as a necessary adjunct to a greater point, but as the pleasurable point in itself.
 
Wanted, this summer's otherwise risible action blockbuster starring Angelina Jolie and James McAvoy, has as its theme the murderous adventures of a fraternity of assassins.
 
McAvoy, again the hero, is portrayed as a hopeless nobody until he "finds himself" by unleashing his killing streak and is thereby empowered.
 
The Joker, too, croons over his own penchant for knife killing: "Guns are too quick. You can't savour all the little emotions." He's not officially the hero, but he might as well be: next to him, Batman pales into insignificance.
 
 
HEADING
 
July 20: Pentagon Orders Media Monitoring for Intel Leaks
 
 
HEADING
 
July 20: “Dark Knight” Premiere Canceled Due To Shooting
 
Plans for The Dark Knight Rises have fallen through in France with Warner Bros. cancelling the film’s red carpet premiere in Paris on Friday night in addition to media interviews with director Christopher Nolan and cast members.
 
Nolan and Christian Bale, Anne Hathaway and Morgan Freeman are at Paris' hotel Le Bristol to promote the film. However, journalists present at le Bristol for a daytime press conference were told to leave. 
 
In lieu of the shooting in Colorado, Warner Bros. has cancelled the interviews. TF1 said that Cotillard was set for an interview on the network's 8 p.m. news program, but cancelled her appearance today.
 
The red carpet première tonight has also been cancelled. 
 
 
HEADING
 
July 20: Link Between Film and Massacre Probed
 
 
HEADING
 
July 20: Box Office Numbers Not Released Until Monday
 
 
HEADING
 
July 20: Problem-Reaction-Solution: Enhanced Security Measures for Movies?
 
Details about the shooting and James Holmes continue to trickle out from around the country. "He had his hair painted red," said NYPD Commissioner Raymond Kelly (a friend of Aurora Police Chief Dan Oates), New York Daily News reports.
 
"He said he was the Joker, enemy of Batman." ABC News reports that Holmes made the Joker remark to police, not during the shooting.
 
As a business that is attracting a late-night audience, Century Theaters owed a duty to its patrons to keep them safe. So steps like keeping emergency doors closed and having security personnel to conduct pat-downs of ticket holders may have been a good idea.
 
Then again, it could be Century Theaters took all the reasonable precautions.
 
It's still not clear what safety measures Century Theaters took, but James Holmes allegedly made it into the theater while armed to the teeth. One can only speculate if enhanced security measures could have prevented the Colorado shooting.
 
 
HEADING
 
July 20: Elizabeth Warren: LIBOR “Exposes Rot at the Core of Our Financial System”
 
"The Libor scandal is more than just the latest financial deception to come to light. It exposes a fraud that runs to the heart of our financial system," writes Warren, a long-time Wall Street critic who is running for the U.S. Senate in Massachusetts.
 
"The Libor fraud exposes rot at the core of the financial system," Warren writes….
 
While Barclays has so far borne the brunt of public wrath over the Libor scandal, evidence emerged this week that the American bank Citigroup may have in fact been the biggest interest-rate manipulator out of all the banks involved.
 
 
HEADING
 
July 20: Matt Tabibi Blasts CNBC Anchor for Calling This a “Victimless Crime”
 
 
HEADING
 
July 20: Citigroup Poster Child for LIBOR Manipulation
 
So far Barclays has been the sad, British face of the Libor scandal, but there could soon come a day when an American bank could be the poster child for Libor manipulation. USA! USA!
 
Fortune's Stephen Gandel wrote on Friday about not one, not two, but three different studies that use charts and math to show that, of all the many banks just stone-cold manipulatin' Libor during the financial crisis, the champion Libor-mangler of all was apparently, drumroll please, Citigroup.
 
 
HEADING
 
July 20: “The Joker” Mugshot Sealed (Preventing Copycat Killers)
 
 
HEADING
 
July 20: Titanic Banks Hit LIBOR Iceberg – Will Lawsuits Sink the Ship?
 
 
HEADING
 
July 20: The End of Wall Street As We Know It?
 
This is the way old Wall Street ends: with a whimper. Ask the man in the street if banking and bankers have changed since the credit crisis and you'll certainly get the answer: no.
 
You can blame JPMorgan Chase chief executive Jamie Dimon's genetic inability to sound contrite, and the $6bn blow-up in his bank's trading operation, for that.
 
And the Libor scandal. And revelations about how the industry is lobbying to water down reforms. And – the list goes on.
 
But ask the man on Wall Street if banking has changed, and you'll get a different answer. In the period immediately after the bailouts of 2008, some dared hope for a swift return to the high-octane trading, bumper bonuses and cascading profits of the pre-crisis era.
 
What has happened instead is a multi-year squeeze on their activity that is shrinking Wall Street banks, cutting headcount and bonuses, and gutting the returns that shareholders used to enjoy.
 
And after another set of lacklustre quarterly results from the major banks over the past week, including revenue declines almost across the board, there is absolutely no sign of the squeeze ending.
 
Piece by little piece, Wall Street banks are cutting themselves down to size, and most promised more job losses and belt-tightening to come in the next few months.
 
The question is whether the cuts go far enough for shareholders.
 
In the boom years until 2007, there was so much money rolling in that employees could feast at the bonus trough and still leave more than enough in profits to satisfy investors. Now the bankers and their shareholders are turning on each other.
 
 
HEADING
July 21: Max Keiser Interviews Gerald Celente
 
[Max Keiser in a much calmer mood, interviewing Gerald Celente from Trends, discussing the LIBOR scandal on July 21st, 2012. The interview pretty much enforces the information David presents, above. The cracks are forming. Heads are going to roll!]
 
 
HEADING
 
July 21: Was the Batman Massacre a Staged Terror Plot?
http://wowjustwow2.blogspot.com/2012/07/was-batman-massacre-staged-terror.html
 
 
HEADING
 
July 21: Rupert Murdoch Steps Down from UK Newspapers
 
Rupert Murdoch has resigned as a director of a string of companies behind The Sun, The Times and The Sunday Times, fuelling expectations that he is preparing to sell the newspaper group.
 
Companies House filings show that Mr Murdoch stepped down from the boards of the NI Group, Times Newspaper Holdings and News Corp Investments in the UK last week. He also quit a number of News Corp’s US boards, the details of which have yet to be disclosed by the US Securities and Exchange Commission.
 
News Corporation played down the significance of the resignations as “nothing more than a corporate housecleaning exercise prior to the company split”.
 
The media giant took a similar line when James Murdoch resigned a string of directorships at News International last November, pouring cold water on suggestions that he was walking away from the UK newspaper arm. He quit as chairman three months later.
 
News Corporation has already said it will split into two separately listed companies, distancing its embattled newspaper and book publishing interests from its rapidly growing film and television operations, which account for nearly 90pc of News Corp’s $4.2bn (£2.7bn) annual revenues.
 
 
HEADING
 
July 21: Rupert Murdoch Quits as News International Director
 
Murdoch has also resigned from the boards of a dozen companies with interests in the US, Australia and India, it was revealed. It is thought that he resigned as director at some point over the last week….
 
Some staff are said to be concerned that the move is a precursor to putting the UK titles up for sale following a rocky year in which NI has been badly damaged by revelations of widespread phone hacking at its now defunct newspaper News of The World.
 
Earlier this year a parliamentary committee said Murdoch was "not a fit person" to run an international business.
 
Media analyst Claire Enders said Murdoch's resignations were part of the "controlled fade of Rupert and James from the UK" that began last year in order to take a "psychological step back" from embarrassments such as the recent phone hacking scandal.
 
"It's the big farewell, it's time to move on. They are leaving the country and they won't be back. It is quite a historic moment," she said.
 
 
HEADING
 
July 21: Sorcha Faal Connects Shooting to 32T Fraud Article Implicating Alliance
 
"If we could figure out how to tax all this offshore wealth without killing the proverbial golden goose, or at least entice its owners to reinvest it back home, this sector of the global underground is easily large enough to make a significant contribution to tax justice, investment and paying the costs of global problems like climate change," Henry says.
 
He corroborates his findings by using national accounts to assemble estimates of the cumulative capital flight from more than 130 low- to middle-income countries over almost 40 years, and the returns their wealthy owners are likely to have made from them.
 
In many cases, , the total worth of these assets far exceeds the value of the overseas debts of the countries they came from.
 
[D: Notice the wording was changed from an earlier draft that said 138 nations.]
 
 
HEADING
 
July 22: BBC Reports up to 32 Trillion Hidden in Offshore Tax Havens, Blames it on 139 Developing Countries
 
A global super-rich elite had at least $21 trillion (£13tn) hidden in secret tax havens by the end of 2010, according to a major study.
The figure is equivalent to the size of the US and Japanese economies combined….
 
The report highlights the impact on the balance sheets of 139 developing countries of money held in tax havens that is put beyond the reach of local tax authorities.
 
Mr Henry estimates that since the 1970s, the richest citizens of these 139 countries had amassed $7.3tn to $9.3tn of "unrecorded offshore wealth" by 2010.
 
Private wealth held offshore represents "a huge black hole in the world economy," Mr Henry said.
 
Mr Whiting, though, urged caution.
 
"I cannot disprove the figures at all, but they do seem staggering. If the suggestion is that such amounts are actively hidden and never accessed, that seems odd – not least in terms of what the tax authorities are doing. In fact, the US, UK and German authorities are doing a lot."
 
He also pointed out that if tax havens were stuffed with such sizeable amounts, "you would expect the havens to be more conspicuously wealthy than they are".
 
 
HEADING
 
July 22: Prosecutors and Regulators Close to LIBOR Arrests
 
(Reuters) – Prosecutors and European regulators are close to arresting individual traders and charging them with colluding to manipulate global benchmark interest rates, according to people familiar with a sweeping investigation into the rigging scandal.

Federal prosecutors in Washington, D.C., have recently contacted lawyers representing some of the suspects to notify them that criminal charges and arrests could be imminent, said two of those sources, who asked not to be identified because the investigation is ongoing.

Defense lawyers, some of whom represent suspects, said prosecutors have indicated they plan to begin making arrests and filing criminal charges in the next few weeks.

 
In long-running financial investigations it is not uncommon for prosecutors to contact defense lawyers before filing charges to offer suspects a chance to cooperate or take a plea, these lawyers said.
 
 
HEADING
 
July 22: Marine Corps Creates Law Enforcement Battalions
 
CAMP PENDLETON, Calif. — The Marine Corps has created its first law enforcement battalions — a specialized force of military police officers that it hopes can quickly deploy worldwide to help investigate crimes from terrorism to drug trafficking and train fledgling security forces in allied nations.

The Corps activated three such battalions last month. Each consists of roughly 500 military police officers and dozens of dogs.

Maj. Jan Durham says the Marine Corps has had police battalions off and on since WWII but they were primarily focused on providing security, such as accompanying fuel convoys or visiting generals through dangerous areas. Durham is commander of the 1st Law Enforcement Battalion at Camp Pendleton.

The new additions come as every branch in the military is trying to show its flexibility and resourcefulness amid defense cuts.

 
 
HEADING
 
July 22: James Holmes Speaking at Science Camp About “Temporal Illusions” – Changing the Past
 
 
HEADING
 
July 23: Colorado University Held Identical Drill, Same Day as Shooting
 
The tragedy that played out in an Aurora movie theater Friday was ironically paralleled as a classroom learning experience in a medical school in Parker the same day.
 
Rocky Vista University College of Osteopathic Medicine is in the middle of holding specialized classes in disaster life support for 150 second-year medical students.
 
Along with response to natural disasters like hurricanes and floods and terrorist attacks, one of the scenarios being used to train the students is how to respond if a shooter fires at people in a movie theater and also uses a bomb in the attack.
 
"The irony is amazing, just amazing," said Rocky Vista Dean Dr. Bruce Dubin.
 
 
HEADING
 
July 23: Tony Blair – Hanging Bankers Won’t Help
 
In an interview with The Daily Telegraph, the former prime minister launches a defence of the free market and liberal economic rules established by the Thatcher government.
 
The approach promoted by Baroness Thatcher’s government is not to blame for the recent financial and economic crisis, Mr Blair says, warning against taking vengeance on bankers and increasing State intervention in the private sector.
 
We must not start thinking that society will be better off “if we hang 20 bankers at the end of the street”, Mr Blair says.
 
Big international banks are still the focus of public and political attacks for what critics say was their role in causing the financial crisis.
 
Mr Blair cautions against letting that anger lead to regulations that could reverse Lady Thatcher’s work to reduce government involvement in free markets….
 
Senior figures from the main parties have suggested that the crisis and alleged wrongdoing of banks such as Barclays should lead to tougher controls on banks.
 
Mr Blair challenges those calls, and says: “We mustn’t go back to the State running everything.”….
 
Mr Blair’s intervention is likely to prove controversial because of his commercial interests since leaving Downing Street five years ago.
 
He is an adviser to JP Morgan, a US investment bank; Zurich, a Swiss financial firm; and has clients, including several governments, which are said to deliver an annual income of about £20 million.
 
 
HEADING
 
July 24: Phone Hacking Charges Rock London
 
British prosecutors say they have the evidence to prove there was a criminal conspiracy at Rupert Murdoch's News of the World newspaper involving former senior executives, including Andy Coulson and Rebekah Brooks, to hack the phones of more than 600 people including the murdered schoolgirl Milly Dowler.
 
Announcing the charging of eight people over the phone-hacking scandal on Tuesday, prosecutors alleged the tabloid's targets ranged from a victim of the 7 July 2005 terrorist attacks to celebrities and senior Labour politicians.
 
Coulson left the editorship of the News of the World in 2007 after a journalist and private investigator were convicted of phone hacking, and would go on to be appointed as director of communications for the Conservative party.
 
After the 2010 election Coulson worked in Downing Street for David Cameron, who said he deserved a "second chance", as one of the prime minister's most senior advisers, before Coulson resigned as renewed controversy over phone hacking grew.
 
Prosecutors say other victims of hacking include former senior Labour cabinet ministers such as the former deputy prime minister John Prescott, two former home secretaries, David Blunkett and Charles Clarke, and the former culture secretary Tessa Jowell.
 
The Crown Prosecution Service (CPS) said it would charge Coulson and the former News International chief executive Rebekah Brooks in relation to the hacking of Milly Dowler's phone.
 
The allegations about the hacking of the murdered schoolgirl's phone led Murdoch to decide to shut down the News of the World in 2011.
 
Also charged over phone hacking are Stuart Kuttner, former managing editor of the News of the World, Ian Edmondson, former news editor, Greg Miskiw, another former news editor, Neville Thurlbeck, former chief reporter, James Weatherup, former assistant news editor, and the private investigator Glenn Mulcaire.
 
Alison Levitt QC, principal legal adviser to the director of public prosecutions, announced the decision on Tuesday.
 
She said the charges related to allegations of phone hacking from 3 October 2000 to August 2006. The CPS alleges that more than 600 people were victims.
 
Levitt said: "All, with the exception of Glenn Mulcaire, will be charged with conspiring to intercept communications without lawful authority, from 3 October 2000 to 9 August 2006.
 
The communications in question are the voicemail messages of well-known people and/or those associated with them. There is a schedule containing the names of over 600 people who the prosecution will say are the victims of this offence."
 
The CPS said victims included Angelina Jolie and Brad Pitt, the celebrity chef Delia Smith, the actors Jude Law, Sadie Frost, Sienna Miller, Wayne Rooney, Sir Paul McCartney and his former wife Heather Mills, Sven-Goran Eriksson, the former England manager, and the former trade union leader Andrew Gilchrist.
 
Another alleged victim is Prof John Tulloch, who was left bloody and burnt after the worst ever terrorist attacks on the UK mainland in July 2005, targeting London's transport system….
 
In the years following the 2007 conviction of one of its journalists for phone hacking the royal household, News International insisted the practice was limited to one rogue reporter.
 
The charging decisions follow a Scotland Yard investigation that began last year, after police had repeatedly said for over a year that there was no need to reopen the investigation.
 
In July 2009, the Guardian began running a series of articles that claimed phone hacking was more widespread than previously admitted.
 
On Monday, police said they believed there were 4,775 potential victims of phone hacking, of whom 2,615 had been notified.
 
The Metropolitan police deputy assistant commissioner Sue Akers told the Leveson inquiry her force had notified more than 702 people who were "likely" to have been victims.
 
The CPS has received files from the Met's Operation Weeting team covering 13 individuals, including 11 journalists from the News of the World and Mulcaire.
 
The CPS said three of the 13 would not face charges, and added they had not made a decision on two people at the request of the police, who want to make further inquiries.
 
The previous phone-hacking investigation has been criticised as being insufficiently thorough.
 
The Met says it launched Operation Weeting after receiving "significant new information" from News International on 26 January last year. A total of 24 people including 15 current and former journalists have been arrested as part of the operation.
 
Police have also detained 41 people under Operation Elveden, an investigation into alleged corrupt payments made to police officers and other public officials.
 
Seven people have been arrested as part of Operation Tuleta, investigating the scale of computer hacking and other breaches of privacy.
 
 
HEADING
 
July 24: James Holmes and US Government Research
 
In 2006, at the age of 18, Holmes served as a research intern at the Salk Institute at the University of California at San Diego in La Jolla.
 
It is noteworthy that for the previous two years before Holmes worked at the Salk Institute, the research center was partnered with the Defense Advance Research Projects Agency (DARPA), Columbia University, University of California at San Francisco, University of Wisconsin at Madison, Wake Forest University, and the Mars Company (the manufacturers of Milky Way and Snickers bars) to prevent fatigue in combat troops through the enhanced use of epicatechina, a blood flow-increasing and blood vessel-dilating anti-oxidant flavanol found in cocoa and, particularly, in dark chocolate.

The research was part of a larger DARPA program known as the "Peak Soldier Performance Program," which involved creating brain-machine interfaces for battlefield use, including human-robotic bionics for legs, arms, and eyes.

 
DARPA works closely with the Defense Science Office on projects that include the medical research community. Fitzsimons was at the forefront of DARPA research on the use of brain-connected "neuroprosthetic" limbs for soldiers amputated or paralyzed in combat.

According to his LinkedIn profile, James Holmes's father, Dr. Robert Holmes, who received a PhD in Statistics in 1981 from the University of California at Berkeley, worked for San Diego-based HNC Software, Inc. from 2000 to 2002.

 
HNC, known as a "neural network" company, and DARPA, beginning in 1998, have worked on developing "cortronic neural networks," which would allow machines to interpret aural and visual stimuli to think like humans.
 
The cortronic concept was developed by HNC Software's chief scientist and co-founder, Robert Hecht-Nielsen.
 
HNC merged with the Minneapolis-based Fair Isaac Corporation (FICO), a computer analysis and decision-making company. Robert Holmes continues to work at FICO.
 
 
HEADING
 
July 24: ABC News Special Video on Mind Control
 
(You Tube)  In 1979, just two years after U.S. Senate hearings revealed disturbing information about a secret government mind control program code-named Project MKULTRA, this one-hour documentary covering some of the clandestine, illegal activities involved in this mind control project was released.
 
One of the topics covered by this intriguing film is the bizarre activity of a man named George White, who operated outside of the law while directly under CIA direction.
 
At minute 47 into the documentary correspondent Paul Altmeyer states, “And what of George White, the man who helped the agency in so many of its programs.
 
Shortly before his death, he wrote to his boss at the CIA, Dr. Sidney Gottlieb, and summed up his career by saying, ‘It was fun, fun, fun. Where else could a red-blooded American boy lie, kill and cheat, steal, deceive, rape and pillage with the sanction and blessing of the all highest.’”
 
The film also mentions that Dr. Gottlieb destroyed the records of the mind control programs in 1973. He and many others involved in these projects did not want the public to ever know about the many illegal and immoral activities they had sponsored in their quest of control over the mind.
 
Thankfully, he forgot to destroy the financial records, which contain highly incriminating information. These declassified documents can be ordered by anyone using the information at this link.
 
Though the CIA denies that the mind control techniques developed in their secretive projects were successful, an abundance of evidence in this film and elsewhere suggests otherwise.
 
 
HEADING
 
July 25: NSA Whistleblowers: Government Spying on Every American
 
Testimonies delivered in recent weeks by former employees of the National Security Agency suggest that the US government is granting itself surveillance powers far beyond what most Americans consider the proper role of the federal government.
 
In an interview broadcast on Current TV’s “Viewpoint” program on Monday, former NSA Technical Director William Binney commented on the government’s policy of blanket surveillance, alongside colleagues Thomas Drake and Kirk Wiebe, the agency's respective former Senior Official and Senior Analyst.
 
The interview comes on the heels of a series of speeches given by Binney, who has quickly become better known for his whistleblowing than his work with the NSA. In their latest appearance this week, though, the three former staffers suggested that America’s spy program is much more dangerous than it seems.
 
In an interview with “Viewpoint” host Eliot Spitzer, Drake said there was a “key decision made shortly after 9/11, which began to rapidly turn the United States of America into the equivalent of a foreign nation for dragnet blanket electronic surveillance.”
 
These powers have previously defended by claims of national security necessity, but Drake says that it doesn’t stop there. He warns that the government is giving itself the power to gather intel on every American that could be used in future prosecutions unrelated to terrorism.
 
“When you open up the Pandora’s Box of just getting access to incredible amounts of data, for people that have no reason to be put under suspicion, no reason to have done anything wrong, and just collect all that for potential future use or even current use, it opens up a real danger — and to what else what they could use that data for, particularly when it’s all being hidden behind the mantle of national security,” Drake said.
 
Although Drake’s accusations seem astounding, they corroborate allegations made by Binney only a week earlier. Speaking at the Hackers On Planet Earth conference in New York City earlier this month, Binney addressed a room of thousands about the NSA’s domestic spying efforts.
 
But in a candid interview with journalist Geoff Shively during HOPE, the ex-NSA official candidly revealed the full extent of the surveillance program.
 
“Domestically, they're pulling together all the data about virtually every U.S. citizen in the country and assembling that information, building communities that you have relationships with, and knowledge about you; what your activities are; what you're doing. So the government is accumulating that kind of information about every individual person and it's a very dangerous process,” Binney said.
 
Drake and Binney’s statements follow the revelation that law enforcement officers collected cell phone records on 1.3 million Americans in 2011.
 
More news articles are emerging every day suggesting that the surveillance of Americans — off-the-radar and under wraps — is growing at an exponential rate.
 
 
HEADING
 
July 25: Europe’s Meltdown is a Coming Depression
 
I’ve said for ages that the euro will fail, that the countries of the Mediterranean are bankrupt, that Germany doesn’t have the resources to fill the void, and that the Western world is entering not a recession, but a depression: a huge, 10-year, economic slump.
 
And here we are.
 
 
HEADING
 
July 25: Fed Reserve Audit Bill Overwhelmingly Passes House
 
WASHINGTON — In a rare moment of bipartisanship, the House overwhelmingly passed a bill by Rep. Ron Paul (R-Texas) to audit the Federal Reserve.
 
The bill, which has 270 co-sponsors, passed 327 to 98. All but one Republican — Rep. Bob Turner of New York — voted for it, along with 89 Democrats.
 
But Rep. Dennis Kucinich (D-Ohio) pointed out that the House vote on the bill comes on the same day that the Washington Post reported that the New York Fed "did not communicate in key meetings with top regulators that British bank Barclays had admitted to Fed staffers that it was rigging LIBOR,” the index which sets interest rates worldwide.
 
"The Fed creates trillions of dollars out of nothing and gives it to banks. Congress is in the dark. The Fed sets the stage for the subprime meltdown. Congress is in the dark.
 
The Fed takes a dive on LIBOR. Congress is in the dark. The Fed doesn’t tell regulators what is going on. Congress is in the dark," Kucinich shouted on the House floor, just before the vote.
 
"It is time for us to bring the Fed into the sunshine of accountability," he said.
 
 
HEADING
 
July 25: Synchromystic Wonderland in Colorado Shootings
 
The unfolding Aurora red dawn event has evolved from a breaking news item, to a wall-to-wall massacre media madness melodrama, to America's favorite "false flag" conspiracy and entertainment news distraction.
 
 
HEADING
 
July 25: Sorcha Faal on Connection Between LIBOR and Colorado
 
A highly disturbing Ministry of Finance report on the largest bank fraud in history that is circulating in the Kremlin today warns that it is “within the realm of possibility” that the shocking movie massacre in Colorado this past week is but another “integral part” in the deliberate plan put in place by Western banking elites and their allies to collapse the global economy.
 
[DW: Constant references to a Ministry of Finance report circulating in the Kremlin. No link is ever given to such a report. The Ministry of Finance link only goes to their page.]
 
Most important to note about James Holmes, however, this report says, is that his father, Robert Holmes, was said to have been scheduled to testify within the next few weeks before a US Senate panel on the largest bank fraud scandal in world history that is currently unfolding and threatens to destabilize and destroy the Western banking system.
 
Robert Holmes, whose “blueblood” family links go back to the Mayflower, is known throughout the global banking community as being the creator of one of the most sophisticated computer algorithms ever developed and is credited with developing predictive models for financial services; credit and fraud risk models, first and third party application fraud models and internet/online banking fraud models.
 
Educated at the University of California, Berkeley and Stanford University, Robert Holmes is currently the senior lead scientist with the American credit score company FICO, which was formally known as Fair, Isaac and Company, and which every American citizen is beholden to should they need to borrow money….
 
Even worse, according to this report, Holmes recently completed his work on what is called one of the most sophisticated computer algorithms ever developed that not only uncovered the true intent of this massive fraud, but is, also, able to trace the Trillions of Dollars “lost” to the exact bank accounts of the elite classes who have stolen it.
 
Ministry intelligence officials note in this report that it is “no coincidence” that this Colorado massacre occurred within minutes of London’s Guardian News Service releasing their shocking report this past Saturday (21 July) titled “Wealth Doesn't trickle Down – It Just Floods Offshore, Research Reveals” as Robert Holmes algorithms were said used to discover this massive fraud scheme.
 
 
HEADING
 
Robert Holmes’ LinkedIn Profile
 
My educational background is in Mathematics and Statistics.
 
My experience over the last 10 years at HNC and FICO has been in develping predictive models for financial services; credit & fraud risk models,first and third party application fraud models and internet/online banking fraud models.
 
 
HEADING
 
Research Confirms Robert Holmes is Shooter’s Father
 
The younger Robert went on to earn a bachelor’s degree in mathematics at Stanford, a master’s in biostatistics at UCLA, and a doctorate in statistics at the University of California at Berkeley in 1981.
 
His doctoral thesis was titled “Contributions to the Theory of Parametric Estimation in Randomly Censored Data.”
 
He subsequently authored studies for the Navy and the Marine Corps on how to forecast personnel changes using something called “tree classifications,” the trees in question being statistical.
 
Eventually, reports say, he signed on as a low-six-figure-a-year senior scientist with FICO, which produces management systems, fraud protection, and credit scores. He married Arlene Holmes, a nurse.
 
 
HEADING
 
July 26: Proof We Have Been Lied To in Colorado Shooting
 
AURORA — The following is a timeline of actual events that took place just after the mass shooting was reported to 911 in a Colorado theatre during a midnight showing of the new Batman film:
 
4 MIN. 30 SEC… SUSPECT CAUGHT
6 MIN 46 SEC… “One of the shooters is wearing white and blue clothing”
8 MIN 6 SEC… WITNESSES REPORT MULTIPLE SUSPECTS
16 MIN 8 SEC… MALE SUSPECT SEEN WITH RED BACK PACK AND ANOTHER ALL IN BLACK FLEEING THE SCENE
16 MIN. 47 SEC… Cops describe one of the suspects as male, dressed in black camo, vest, gas mask, and possessing multiple long guns.
17 MIN 48 SEC… JAMES HOLMES WAS NAMED…. BUT SECONDS BEFORE THEY ARE TALKING ABOUT A SECOND SUSPECT ON LOOSE…. GOT AWAY
 
 
 
HEADING
 
July 26: James Holmes Claims Amnesia
 
The Joker is playing the amnesia card.
 
Accused mass murderer James Holmes told jailhouse workers that he remains stumped about what landed him in a Colorado lockup, a jail staffer told the Daily News.
 
“He claims he doesn’t know why he’s in jail,” the worker said Thursday. “He asked, ‘Why am I here?’”
 
 
HEADING
 
July 26: James Holmes Father About to Testify for LIBOR?
 
 
HEADING
 
July 26 (From Above Article)
 
 
HEADING
 
July 27: Illuminati Eye in London Fireworks?
 
 
HEADING
 
July 28: Another Article (of many) Claiming Holmes’ Father Testifying for LIBOR
 
Robert Holmes not only uncovered the true intent of the massive LIBOR banking fraud, but his "predictive algorithm model" also traced the trillions of "hidden" dollars to the exact bank accounts of the elite classes who stole it.
 
In other words, Robert Holmes could NAME NAMES!
 
Those names WOULD AWAKEN THE WORLD to the depth of government and corporate corruption which could include members of Congress, Wall Street, Federal Reserve and EU executives and could even include US Presidential candidates and the British Royal family.
 
 
HEADING
 
[Undated] Olympic Opening Ceremony: Luciferian Ritual
 
 
HEADING
 
Veronica Chapman Exposes David Booth [Broken, Unarchived Link]
 
 
HEADING
 
Booth’s Own Website Reveals Luciferian Ties to “Sorcha Faal”
 
This statement is in direct contradiction to what has been posted on WhatDoesItMean.Com since 2004 about the Sorcha Faal and which clearly states:
 
 
[Every reference is to “The Sorcha Faal” – and “Sister Rachal” is admitted to be one of the group, and David Booth’s daughter.]
 
I have known for some time now that I would end up being the one tasked with this most disgusting of assignments having to defend our Sorcha Faal against the most insidious attacks being leveled against her by the powerful anti-semitic forces in the United States and Canada, namely that she ‘doesn’t exist’ and is, in fact, Sister Rachal’s father, David Booth.
 
 
HEADING
 
Jan. 12, 2011: A. True Ott on Sorcha Faal
 
“As of Rachal” is the name of Sorcha Faal’s actual group, of which “Sorcha Faal” is merely an anagram designed to obfuscate and confuse.
 
It is an Israeli group of female witches (literally) who in turn are connected to one David Booth who is a top-level MOSSAD agent located in England.
 
I did an extensive expose report on this a year or so ago, BTW.
 
Booth’s family tree goes back to British banking agent John Wilkes Booth – who but a bullet in Lincoln’s brain as you recall. Thanks for doing your part and helping to set the record straight.
 
It’s funny how I begin to write on a story, and “Sorcha Faal” blends my research into their disinformation-plagued “Kremlin reports.” Glad to know they consider my research important enough to monitor, however.
 
Thanks for helping set the record straight, and for the heads-up.
 
True
 
 
HEADING
 
Jan. 14, 2011: Sorcha Faal Expose
 
1.  Sorcha Faal appears to be an acronym for a multi-generational cabal of Ashkenazim Jewish women who first formed clear back in 1290 A.D.
 
If this is accurate and true, they have continued their organizational structure through world wars and upheavals in Europe to the present day – and consist of a tightly-knit group of 13 “sisters” at the very top of their “Order”.
 
A close examination of their website, “What Does It Mean” shows an amalgamation of witchcraft (WICCA) and “mystic” new-age icons, which gives an awake Christian a very strong clue as to their true agenda.
 
They are NOT “Christian”, and likely follow instead the “old, mystery religion” of Babylon – which involves scrying and demonic divination practices primarily.

2.  The group fancies themselves literal descendants of Rachal (aka Rachel) the daughter of the biblical Jacob.  The actual title of this master coven is “As of Rachal” a title consisting of 9 letters.

3.  I discovered that when you take the 9 letters of “As of Rachal” and give each a numeric value, (one through nine) – and then place these letters in the 9-lettered “Masonic Tracing Board” (which is also referred to by Babylonian Kabbala as the “Tree of Life”) – the “tracing board” transforms “As of Rachal” into “sorcha faal”.

 
Thus, Sorcha Faal is the overt public name of their coven, while the actual name “As of Rachal” remains covert and hidden from the profane “goyim”.

4.  The current leader of the coven is apparently the daughter of one David Booth, and her name is “Rachal” as well. (Rachal Booth,)  David Booth appears to be linked in many ways to MOSSAD, and reportedly maintains close ties with MOSSAD agents in Israel and Mother Russia.

 
David Booth, according to genealogical websites I personally accessed, traces his ancestry to one John Wilkes Booth, agent of the House of Rothschild Bank of England and assassin of Lincoln.  How little things appear to change!!
 
5.  Their posts are not from one specific individual, but often is an amalgamation from all 13 members.   A close inspection of their various postings shows multiple writing styles. Thus, “Sorcha Faal” is not one, single individual.
 
 
HEADING
 
Sep. 25, 2011: Steve Beckow on “Sorcha Faal”
 
In the last analysis, I personally think that “Sorcha Faal” is a CIA operation designed to make opponents of the elite/cabal/military-industrial complex look careless and unbelievable. And all too often we seem more than willing to lend “her” a hand.
 
So mark this down: http://www.whatdoesitmean.com.
 
If you read a story that sounds frightening, outrageous, or alarming, check it out first before passing it along.
 
This one source of information alone – Sorcha Faal – has done more damage to lightworkers’ attempts to know what’s really happening in the world than any other source I can think of – definitely someone’s secret weapon.
 
Don’t lend “her” a hand. Be discerning.
 
 
HEADING
 
Sorcha Faal Official Website Lists Itself as an “Order”
 
“Conspiracy theorists concentrate their time on transmuting the "base matter" of current events, official stories, propaganda and public relations into the gleaming golden truth buried within. They do this through the very right-brained activity of uncovering and inventing connections between disparate elements.
 
The Most Critical Books Published By The Order Of The Sorcha Faal You Should Own:
 
Code Red: The Coming Destruction of the United States by David Booth
 
Dirty, Filthy, Christians by David Booth (Alleges he died in 2009)
 
To the reasons you have not been allowed to know about the true discovery of America, and your own true history, is now set forth in David Booth’s monumental book “Dirty, Filthy Christians”: Treatise On The Most Dangerous Death Cult In Human History, which has taken him over 30 years to write at such a personal cost that even as these words are being written he remains incapacitated by a recent heart attack and stroke that is bringing his once vibrant life to its Earthly end.
 
It cannot be overstated that the life’s work of David Booth could only have been accomplished by his vast family connections which have protected him throughout these past 30 years from those forces which seek to keep truth of our existence from all humanity, but which in 2004 Mr. Booth began to reveal with his book Code Red: The Coming Destruction Of The United States and which in the very headlines of today anyone who wants to can see is coming to pass exactly as he said it would. 
 
In this, Mr. Booth’s last book, and the culmination of his devotion to the truth at all personal costs, you will learn the honest and horrific truth about the origins of the Christian Death Cult and how for the past 1,000 years the deception, and tactics, of this death cult have used an imaginary historical religious figures named Jesus Christ to create our present World which now, and deliberately, stands upon the brink of a destruction so total that nearly all of humanity will be exterminated.
 
 
HEADING
 
“Brief History of the Order of Sorcha Faal”
 
The Order of Sorcha Faal was established in 588 (BCE) in Tara, County Meath, Ireland, and claim as their Founder the oldest daughter of King Zedekiah, Tamar Tephi.
 
The name, Sorcha Faal, comes from the ancient Gaeilge branch of the Goidelic languages of Ireland and has the meaning of: Sorcha: She Who Brings Light Faal: the Dark and Barren Place
 
The Order of Sorcha Faal comprises 18 Monasteries in Ireland, Russia, Egypt, Lebanon, and the United States….
 
Our Order has always striven to provide to this World that Light needed to dispel the myths inherent in Darkness, but which without we could never see the truest balance between the two.”
 
 
HEADING
 
June 30, 2008: Who Is Sorcha Faal?
 
Whereas disinformation had a limited impact prior to the internet, we are now overloaded with information today, some good, some bad and most dangerously, some mixed together.
 
I would be very careful not to act precipitously upon any information presented by Sorcha Faal.
 
As relates to David Booth, there are some who believe that Sorcha Faal is actually David Booth.
 
There are a number of sources of information on him (unfortunately none can be totally relied upon as they are most likely CIA disinformation ops themselves) which suggest that Booth's book “Code Red: The Coming Destruction of the United States 2004 was plagiarized.
 
Perhaps the best explanation comes from http://loveforlife.com.au/node/4358
 
From http://trueorfalsewebsite.blogspot.com/2004_03_13_archive.html
 
“Having been booked on Coast To Coast on Thursday 13th March to talk about Booth's so called meeting with Sister Lucia, witness to the Miracles of Fatima in 1917 Booth refused to elaborate.
 
Both men would only discuss the dream Booth had already talked about on his last appearance on Coast on 23rd February.
 
Once again they told how 97% of the Earth's population would die in September 2004 yet they were still trying to market their books and videos. The interview was promptly and politely cut short.”
 
http://www.zetatalk.com/index/booth.htm
 
http://www.rense.com/general51/plagiar.htm
 
 
HEADING
 
July 26: Harvey Weinstein Calls for Movie Violence Summit
 
Harvey Weinstein — the man behind some of the most violent movies to ever hit the big screen — says it's time for Hollywood to address how violence in movies influences people.
 
Speaking to The Huffington Post, Weinstein called for a filmmaker summit in the wake of last week's theater shooting in Aurora, Colo., that left at least a dozen dead and 58 wounded.
 
"I think as filmmakers we should sit down — the Marty Scorseses, the Quentin Tarantinos and hopefully all of us who deal in violence in movies — and discuss our role in that," Weinstein said.
 
But Weinstein — an avid supporter of President Obama — suggested the No. 1 culprit is the lack of gun control and said it is time for politicians to "put up or shut up" on the issue….
 
The level of mayhem in these films hasn't gone unnoticed by Weinstein.
 
"It's a question that I wrestle with all the time. I've been involved with violent movies, and then I've said at a certain point, 'I can't take it anymore. Please cut it.' You know, you've got to respect the filmmaker, and it's a really tough issue. My heart goes out to those kids and those families," Weinstein said later in the interview.
 
In a piece appearing in Aug. 3 edition of The Hollywood Reporter magazine, legendary director Peter Bogdanovich went much further, saying violence in film is "out of control."
 
"Violence on the screen has increased tenfold. It's almost pornographic. In fact, it is pornographic. Video games are violent, too. It's all out of control. I can see where it would drive somebody crazy," Bogdanovich said.
 
 
HEADING
 
July 26: URL for India Legal Document
 
Embed Codes for India Legal Document
 
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HEADING
 
July 26: Superstorm Hits East Coast – Tornadoes in New York, 300,000 Without Power
 
 
HEADING
 
July 27: CNN’s Jim Walton Resigns
 
CNN President Jim Walton, who has been with the company for 30 years, has announced that he’s resigning. He will remain with the network until the end of the year.
 
“CNN needs new thinking,” Walton wrote in a note to staff this morning. “I have interests to explore, I need to give myself time to do [them].”
 
 
HEADING
 
July 27: Elizabeth Warren on LIBOR: “Go Get ‘Em”
 
WASHINGTON — Now that the details of the global Libor interest-rate scandal are beginning to emerge more fully, the question becomes what, if anything, Congress will do to stand up to the banks, Elizabeth Warren said in an interview with The Huffington Post.
 
"Libor exposes rot at the core of the banking system. The real question now for me, is whether Congress will stand up," Warren said, "or if the banks will keep them silent."
 
"Go get 'em," she said.
 
 
HEADING
 
July 27: Judge Prevents Release of Holmes School Records
 
Much speculation surrounding the 24-year-old's possible motive in gunning down 12 people and wounding 58 more at a screening of Batman film "The Dark Knight Rises," has focused on his time studying neuroscience at the school.
 
School documents are usually available under the Colorado Open Records Act, but District Court Judge William Silvester cited a provision that bars the public from viewing open records "prohibited by … the order of any court."
 
His order was signed on Monday but released Thursday.
 
University officials said Holmes was in the process of withdrawing from the graduate program, but had not completed the necessary paperwork.
 
At the request of Holmes's attorneys, Silvester also reinforced an earlier order barring officials of the district attorney's office and law enforcement officials from releasing information about the case before the trial.
 
 
HEADING
 
July 27: 21 Media Organizations Seek to Unseal Holmes Court Records
 
DENVER — A group of 21 news organizations is asking a judge to reverse his order sealing court records in the case against James Holmes, the man accused of killing 12 people and injuring 58 in a Colorado movie theater.
 
The motion was filed Friday in Arapahoe County District Court.
 
Judge William Blair Sylvester issued an order July 20, the day of the shooting, to keep the documents secret without stating the reason. The news organizations say the order means even a complete list of court filings is kept secret.
 
The news organizations include The Associated Press, The Denver Post, three other newspapers, four Denver television stations, six broadcast networks and two newspaper groups.
 
A spokeswoman for the district attorney's office declined to comment. Holmes' attorneys didn't immediately return a call.
 
 
HEADING
 
July 27: Here’s the Opening Sequence NBC Does Not Want You to See
 
 
HEADING
 
July 27: Dollar Vigilante on Olympic Opening Ceremonies
 
If you are like me you just finished watching the opening ceremonies of the Olympic games in London.  
 
Of course, our American friends, who live in the land of the free, couldn't watch it live due to the fascist media monopoly and federal government rules making it so they have no options for what they want to see and when and instead have to watch it when NBC says they can make the most money… later tonight.
 
In this case, though, you may have been lucky if you missed it… that was the strangest, darkest most satanic opening ceremonies I've ever seen.  
 
The entire stadium is encircled with the illuminati pyramid with the all seeing eye symbol and most of the ceremonies included fire, zombies, ghouls and the grim reaper.  It looked and felt like an occult funeral…
 
I'm not sure what all this imagery is supposed to tell us but it looks like the powers that be are in a nasty mood this year.  I just kept wondering when the false flag dirty bomb would be set off.  I'm very happy to be far away from London this summer.
 
 
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July 28: Olympic Opening Ceremony Highlights – No Obvious Illuminati Symbols Given in This Post
 
 
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July 28: Analysis of Opening Ceremony
 
 
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July 28: Opening Ceremony of London Olympics 2012
 
The next section (“Second to the right, and straight on till morning”) was probably the most sinister.
 
Despite being a “celebration” of the NHS (represented by Great Ormond Street Hospital and loads of giant beds filled with sleeping children in hospital), it quickly descended into a dark invocation of goblins and weird creatures, giant grim reapers and a child catcher (as in “Chitty Chitty Bang Bang”).
 
The scene was “conjured” by JK Rowling who read from the esoterically important children’s novel “Peter Pan” and accompanied by Mike Oldfield’s “Tubular Bells” – a theme now associated with the subliminally saturated horror film “The Exorcist”.
 
Children were hoisted aloft in their beds, to the strains of screams and maniacal laughter.
 
The nurses swayed hypnotically in a trance state, occasionally forming esoteric hand signals. The scene came to a close as dozens of “Mary Poppins” flew by umbrella into the stadium to “rescue” the children…
 
 
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July 28: Dollar Vigilante on Opening Ceremony Grim Reaper
 
THE OLYMPIC OCCULT CEREMONIES
 
But, let's not talk about Acapulco today.  I am actually still trying to come to terms with what I saw yesterday during the Olympics opening ceremonies!
 
The great majority of it was fire, smoke, destruction, zombies, the grim reaper and ritualistic dancing and drumming… the drumming coming from a woman dressed like a witch, for some reason….
 
It is hard to pick which part from the opening ceremonies was the most disturbing but if I had to pick one, I'd pick the scene with literally hundreds of sick children in hospital beds getting chased around by ghouls as they dance around a giant mummified baby.
 
One of the commentators, upon seeing this scene, exclaimed, "I really like the use of children so far in this."
 
I was watching the Canadian feed which we can get via satellite down in Mexico… plus it wasn't aired live in the US.
 
The announcers went all gaga over this horrific scene, stating how "proud Britons are of the National Health Service (NHS)", which is what this scene was theoretically about.
 
It was almost like watching the Olympics in the Soviet Union and watching them celebrate their socialist, centrally planned system… by using imagery of death and destruction… which is probably a good way to describe it!
 
 
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July 28: At Least Three Banks Central to LIBOR Rigging
 
(Reuters) – New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates.
 
Some of those traders, including one who used to work at Barclays Plc in New York, still have senior positions on Wall Street trading desks.
 
Until now, most of the attention has involved traders at Barclays, which last month reached a $453 million settlement with U.S. and UK authorities for its role in the manipulation of rates.
 
Now, it is becoming clear that traders from at least two other banks – UK-based Royal Bank of Scotland Group Plc and Switzerland's UBS AG – played a central role.
 
 
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July 29: NBC Panicks, Does Not Air Death-Themed Opening Sequence
 
NEW YORK — The choreographer of a somber segment in the London Olympics opening ceremony said Saturday he's disappointed that NBC decided not to show it to an American audience.
 
Spectators were asked to display photos of loved ones who could not be there during the segment. The music, a hymn called "Abide With Me," was described in the ceremony's program as an "honest expression of the fear of approaching death."
 
NBC producers did not air it, instead showing American viewers Ryan Seacrest's interview with swimmer Michael Phelps….
 
The ceremony's program describes the performance as dramatizing "the struggle between life and death using such powerful images of mortality as dust and the setting sun."
 
Some in the British press have interpreted the segment as being a tribute to victims of bomb attacks in July 2005 that killed 52 commuters and four suicide bombers on London's transit network.
 
During the BBC live coverage of the ceremony, commentator Hazel Irvine made the connection while the dance was taking place: "The excitement of that moment in Singapore seven years ago when London won the games was tempered with great sorrow the very next day," when the terror attacks took place, she said.
 
NBC said it had no indication that the segment was a reference to the terrorist attacks.
 
Although in many places the ceremony was aired in full, NBC aired it on a tape-delayed basis and made editing changes. The network said there are often such production decisions when showing a taped version of a ceremony.
 
"Our program is tailored for the U.S. television audience," said NBC Sports spokesman Greg Hughes. "It's a credit to (ceremony director) Danny Boyle that it required so little editing."
 
 
 
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July 29: Occult Symbols and Demons at the London Olympics
 
Whenever there is an opportunity for PUBLICLY FUNDED ceremonies, the Freemasons come a thither and hither – influencing the staging, themes, music and spectacle, so as to subliminally project into the minds of billions of TV viewers their sordid view of world history….
 
In exchange for the promise of 'riches' and 'treasures', these demons would demand a SOUL or a SACRIFICE of a young person – some demanded boys and girls – some demons demand BABIES…
 
These demons have been portrayed in several publicly funded ceremonies – and the LONDON OLYMPIC Opening Ceremony spectacle was no exception…
 
Of course, no spirit can be released from a body and then enter a tog-o-war between the forces of Heaven and Hell without there first being DEATH…
 
And the Olympic Opening Ceremony provided us with a spectacle of an 80 feet high GRIM REAPER, who stood poised as he poached children's souls directly from dozens of hospital beds….
 
They now want utter DESTRUCTION and CHAOS, WARFARE, PLAGUE and POVERTY to overcome mankind so that the spirits of all of us can be fed upon by the hoards of demons in the lower astral realms…
 
And THAT is what the symbolism of the Opening Ceremony of the London Olympics was REALLY all about.
 
 
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July 29: RBS Faces Huge LIBOR Fine
 
The boss of the Royal Bank of Scotland is warning the bank faces a further hit to its reputation – and a huge fine – from the Libor scandal, which has engulfed Barclays and caused a fresh wave of anger against bankers.
 
While the £290m fine slapped on Barclays has helped to distract from the computer meltdown at RBS, which prevented up to 13m customers accessing their accounts for up to a month, Stephen Hester, RBS's chief executive, said the rate-rigging scandal was bad for the entire industry.
 
"RBS is one of the banks tied up in Libor. We'll have our day in that particular spotlight as well," Hester said in an interview with the Guardian. He did not know the size of the RBS fine but said that the investigation by the Financial Services Authority was "in process".
 
 
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July 30: India’s Power Grid Crashes, Affecting 370M People
 
[DW: Article was changed and updated on same link.]
 
While the midsummer outage was unique in its reach – it hit 370 million people, more than the population of the United States and Canada combined – its impact was softened by Indians' familiarity with almost daily blackouts of varying duration.
 
Hospitals and major businesses have backup generators that seamlessly kick in during power cuts, and upscale homes are hooked to backup systems powered by truck batteries.
 
 
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July 30: HSBC To Pay More Than 2 Billion in Penalties
 
LONDON, July 30 (Reuters) – HSBC's boss said on Monday revelations of lax anti-money laundering controls had been "shameful and embarrassing" for Europe's biggest bank, and may force it to pay out well over $2 billion for those flaws and in compensation for UK mis-selling.

HSBC set aside $700 million to cover fines and other costs for an anti-money laundering scandal, after a U.S. Senate report criticised it this month for letting clients shift funds from dangerous and secretive countries, notably Mexico.

The ultimate cost could be "significantly higher", the bank's Chief Executive Stuart Gulliver said.

 
"What happened in Mexico and the U.S. is shameful, it's embarrassing, it's very painful for all of us in the firm," Gulliver told reporters on a conference call.

"We need to execute on the compliance changes and then prove ourselves worthy and rebuild this over a number of years. There are no quick and easy fixes," he said.

The Senate report criticised a "pervasively polluted" culture at the bank and said HSBC's Mexican operations had moved $7 billion into its U.S. operations between 2007 and 2008….

 
HSBC also set aside another $1.3 billion to compensate British customers for mis-selling loan insurance to individuals and interest rate hedging products to small businesses.

It is also one of more than a dozen banks under scrutiny in a global interest rate-rigging scandal that has rocked the sector and further damaged the reputation of bankers following criticism of their culture and standards.

"It's very unfortunate and deeply concerning that even the banks considered more secure such as HSBC are so seriously at risk," said a

top 30 investor in HSBC.

"And the news is still coming out – we have yet to see the impact, if any, of the Libor investigation and HSBC's role in that. It's hard to see how much more bad news the markets can take," said the investor, who asked not to be named….

 
Gulliver said that as a contributor to Libor and its euro zone equivalent Euribor, HSBC was cooperating with regulators with their investigation. However, it was far too early to say what the outcome would be or to estimate the potential cost for the bank….
 
"The firm clearly lost its way in this regard and it's right that we apologise," he said. "Colleagues internally have been aware that this is the backdrop of why we had to change the firm."
 
 
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July 30: 31 Economic Indicators Are Breaking Down
 
The concave upwards dome of optimism that for many market participants dates all the way back to the 1950’s is in the process of being demolished, just like the City of Pittsburgh’s iconic Civic Arena.
 
The apex of the dome occurred in the early 1980’s when manufacturing was still a significant force in the economy, before technology had given Corporate America the ability to off-shore, outsource and automate every high paying job that formed the backbone of the middle class.
 
The charts in this series all depict different aspects of the economic inflection point. Most of the charts are presented in year over year percent change format to illustrate how the nominal highs that many indexes have made recently have been generated by steadily decreasing rates of growth.
 
In 2008 decades of expansion flipped to contraction as growth rates collapsed to unprecedented levels. In technical terms the housing and banking crash that occurred four years ago was a breakdown where long term growth support levels utterly failed to prevent a sharp drop on the charts.
 
The deflationary drop did happen; the central banks flooded the system with cash, and a temporary reflation of the system was accomplished.
 
But the fact remains that the manufacturing jobs are gone for good, and without a thriving and reproducing middle class the economy will never be able to maintain a steady rate of expansion.
 
So optimistic expansion becomes pessimistic contraction, and the point at which that happens is the inflection point. As we say in Pittsburgh, that’s where we’re at.
 
 
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July 30: HSBC Sets Aside 2B For Penalties – 4th Update
 
 
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July 30: Iran Tries 39 Bankers for Fraud, Sentences Four to Death
 
(Reuters) – An Iranian court has sentenced four people to death for their roles in a billion-dollar banking fraud scandal that forced bank executives out of their jobs and tainted the government of President Mahmoud Ahmadinejad, state media reported on Monday.
 
The embezzlement case, discovered in September 2011, revolved around forged documents allegedly used by the directors of an Iranian investment company to secure loans totaling $2.6 billion to buy state-owned enterprises.
 
Thirty-nine people were tried for their involvement in the fraud.
 
"We are typing their sentences now and according to the sentence that was issued, four of the accused in this case were sentenced to death," judiciary spokesman Gholam-Hossein Mohseni-Ejei told the IRNA state news agency.
 
He did not name the individuals sentenced to death.
 
Two others were sentenced to life imprisonment and others received sentences ranging from 25 years and down, Mohseni-Ejei was quoted as saying.
 
 
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July 30: India’s Largest Network Sues Nielsen for Billions Over Manipulating TV Ratings
 
New Delhi Television Limited, India's oldest and largest news network, has lobbed a legal grenade at The Nielsen Co.
 
In a 194-page lawsuit filed in New York court late last week, NDTV accuses Nielsen of violating the Foreign Corrupt Practices Act by manipulating viewership data in favor of channels that are willing to provide bribes to its officials.
 
According to NDTV, rampant manipulation of viewership data has been going on for eight years, and when presented with evidence earlier this year, top executives at Nielsen pledged to make changes. But the Indian news giant says these promises have been false ones.
 
The Indian company is now seeking billions of dollars in damages from Nielsen, looking to punish its top corporate officers and demanding that Nielsen essentially be kicked out of the country.
 
The lawsuit contains merely allegations against the venerable ratings research company that operates in more than 100 countries, earns more than $5 billion a year and has been around since 1923.
 
But if proved, they could be very serious. A Nielsen spokesperson said the company "has a longstanding policy of not commenting on pending legal matters."….
 
Nielsen, which formerly owned The Hollywood Reporter, is described as a company that is now owned by "sponsors" — private-equity firms that include KKR, The Blackstone Group, The Carlyle Group, Thomas H. Lee Partners, Alpinvest Partners, Hellman & Friedman and Centerview Partners.
 
These firms are said to be executing an "exit strategy" out of the Nielsen business and, as a result, have ordered Nielsen directors and CEO David Calhoun to make cost-cutting and cost-avoidance measures to maintain their share price in the short term.
 
As a result, NDTV says that Nielsen's officers have been "recklessly disregarding" their responsibilities to laws and their customers and that the cost-cutting measures have been one of the main reasons behind manipulated TV viewership data….
 
Specifically, the results of viewership data are alleged to be based on a very small number, just 8,000 households.
 
And because of the small sample size and alleged lack of security protocols, corruption is said to have blossomed in a country where "politicians also own cable networks" and "PeopleMeters have been installed at the residences of government officials, where tampering of the data also takes place."….
 
NDTV is now demanding significant damages: at least $810 million for fraud, at least $580 million for negligence and hundreds of millions more for a range of causes of action including tortious interference and breach of fiduciary duty.
 
The plaintiff is also going after Nielsen's top officers like Calhoun for violation of the Dutch Corporate Governance Code. (Nielsen is based in the Netherlands.)….
 
If that's not enough, the complaint (which can be read on the following page) suggests that similar bad activity is happening elsewhere — in Florida, Turkey and the Philippines.
 
 
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July 31: Second India Blackout Cuts Power to 670M
 
(Reuters) – Grids supplying electricity to half of India's 1.2 billion people collapsed on Tuesday, trapping coal miners, stranding train travellers and plunging hospitals into darkness in the second major blackout in as many days.
 
Stretching from Assam, near China, to the Himalayas and the northwestern deserts of Rajasthan, the outage was the worst to hit India in more than a decade and embarrassed the government, which has failed to build up enough power capacity to meet soaring demand.
 
"Even before we could figure out the reason for yesterday's failure, we had more grid failures today," said R. N. Nayak, chairman of the state-run Power Grid Corporation.
 
Prime Minister Manmohan Singh has vowed to fast-track stalled power and infrastructure projects as well as introduce free market reforms aimed at reviving India's flagging economy. But he has drawn fire for dragging his feet.
 
By the afternoon rush-hour, only about 40 percent of power was back up. Electricity had not been restored to all of the sweltering capital, New Delhi, and streets were clogged with commuters trying to get home.
 
"It's certainly shameful. Power is a very basic amenity and situations like these should not occur," said Unnayan Amitabh, 19, an intern with HSBC bank in New Delhi, as he was giving up on the underground train system and flagging down an auto-rickshaw to get home.
 
"They talk about big ticket reforms but can't get something as essential as power supply right."
 
 
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July 31: Jon Stewart Blasts NBC’s Olympics Editing
 
Just lie back and think of England, NBC.
 
The official network of the Olympics hasn't been winning any medals in the public-opinion events, that's for sure. On Monday night's "Daily Show," Jon Stewart took issue with NBC's decision not to air a tribute to the 2005 London subway bombings during the Olympics opening ceremony.
 
While international audiences tuning into the event enjoyed a stirring homage to the 52 lives lost in the attack, American viewers' broadcast cut to a Ryan Seacrest interview with swimmer Michael Phelps.
 
Ouch.
 
"Are you kidding?" Stewart joked. "NBC — the network that, to commemorate 9/11, actually re-runs 9/11 — you wouldn't air a six minute tribute to the rest of the world's terrorist victims? Because the world's most overexposed land-based mammal had a chance to speak to the world's most overexposed water-based mammal."
 
 
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July 31: Media Throws James Holmes’ Psychiatrist Under the Bus
 
 
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July 31: Sick Occult Elites Conjure Ceremonial Death at Olympics
 
Even the mainstream pundits were blown away. The public didn’t know WTF to make of it. The entire ceremony had to be explained away as a leftist statement of some sort.
 
Then they just shut up about it.
 
But not alternative media. We saw the occult Olympic ceremony for what it was. As is always the case.
 
Big ass bullshit. Nothing more than mindspell madness to perpetrate their debasing social insanity.
 
 
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July 31: Deutsche Bank Admits LIBOR Involvement
 
Germany's biggest bank, Deutsche Bank, prepared the ground for regulatory action in the Libor rigging scandal by admitting that a "limited number" of its staff had been involved.
 
As Swiss bank UBS insisted it was not at the centre of the interest rate debacle, Deutsche said "action had been taken accordingly" against those staff found to have been involved.
 
UBS, as the first bank to reveal the existence of investigations into Libor, is receiving leniency for co-operating with inquiries.
 
Deutsche's supervisory board head Paul Achleitner insisted in a letter to staff that "no current or former member of the management board had any inappropriate involvement".
 
Deutsche's admission follows a warning by Royal Bank of Scotland that it too expects to be drawn into the Libor debacle in the wake of the £290m fine slapped on Barclays. Barclays refused to comment on reports that its offices in Milan had been raided in connection with the investigations.
 
 
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July 31: How the Republican Party Stole the Nomination from Ron Paul
 
 
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July 31: Ben Swann “Reality Check” on Federal Reserve
 
Embed Code for FOX Reporter on Federal Reserve
<iframe width="480" height="360" src="http://www.youtube.com/embed/mqmYRnBVmEo?rel=0" frameborder="0" allowfullscreen></iframe>
 
 
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Aug. 1: Mainstream Reporter Tells the Truth About Auditing the Fed
 
In a previous article about auditing the Fed, I listed some more questions that I would like to see someone ask the Federal Reserve….
 
If the Federal Reserve is supposed to prevent shocks to our economy, then why have there been 10 different economic recessions since 1950 and why are we about to enter another one?
 
Was the Federal Reserve involved in the manipulation of Libor?
 
What role did the Federal Reserve play in creating the housing bubble that resulted in our unprecedented housing crash?
 
Why has the value of the U.S. dollar fallen by 83 percent since 1970?
 
Why is the Federal Reserve paying U.S. banks not to lend money?
 
Why did Barack Obama nominate Ben Bernanke for a second term as head of the Federal Reserve when Bernanke has a track record of failure that makes the Chicago Cubs look like a roaring success?
 
Why is the U.S. national debt more than 5000 times larger than it was when the Federal Reserve was created in 1913?
 
Why were the Federal Reserve and the personal income tax both pushed through Congress in the same year in 1913?
 
Why does the Federal Reserve argue that it is "not an agency" of the federal government in court?
 
Why do all 187 nations that belong to the IMF have a central bank?
 
Most Americans are pinning their hopes for an "economic turnaround" on the upcoming election in November.
 
But the truth is that until something is done about the Federal Reserve it isn't going to matter very much who is in the White House.
 
As I wrote about yesterday, the total amount of all debt in America has grown from about 2 trillion dollars to nearly 55 trillion dollars over the past 40 years.
 
 
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Aug. 1: Suspicious, Sudden High-Volume Stock Activity
 
Electronic trading firm Knight Capital Group said Wednesday that a "technology issue'' in its market-making unit had affected the routing of shares of about 150 stocks to the New York Stock Exchange, where abnormal volatility roiled the markets in early trading….
 
Heavy computer-based trading at the market open caused several stocks to be halted and prompted reviews on trades in scores more….
 
Several market participants said the source of the problem may have been large orders meant to be filled throughout the day that were instead executed in a shorter time frame, with some saying it was handled in the first 15 minutes of trading….
 
"That has disrupted all the normal activities — stocks are moving all over the place, they are weird, they are trading like millions of shares, 100 shares at a time, so something went haywire somewhere,'' said Stephen Massocca, managing director, Wedbush Morgan in San Francisco.
 
"It appears to be dozens if not hundreds of stocks that have (seen) extremely high volume and extremely rapid movement,'' said Joe
Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.
 
 
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Aug. 1: Knight Capital Trading Glitches Strike Wall Street [Dark Knight Connection?]
 
Wall Street was hit by a messy opening on Wednesday due to technology glitches at Knight Capital Group (KCG: 8.16, -2.17, -21.01%), causing confusion and shares of the market maker to plunge more than 20%.
 
The Securities and Exchange Commission is talking to the New York Stock Exchange over erroneous Knight Capital trades, sources told FOX Business's Charles Gasparino. The SEC and NYSE are examining possible algorithm mishaps and looking into a possible “fat finger” trading error, while Knight told Gasparino it is looking into the trading problems.
 
The trading issues prompted Knight Capital to instruct clients to route their trades elsewhere.
 
“The algos went nuts this morning,” said Joe Saluzzi, co-head of trading at Themis Trading, referring to computer-generated algorithms that control much of equity trading. “Someone has a major, major problem on their hands.”
 
In a statement, Jersey City, N.J.-based Knight Capital said an initial review "indicates that a technology issue occurred in the company's market-making unit related to the routing of shares" of about 150 NYSE-listed shares. Knight noted that its over the counter securities and trading in other business were not affected. 
 
Wall Street sent shares of Knight Capital plummeting to their lowest level since the summer of 2005 as speculation mounted that the market maker could be on the hook for legal damages if trading glitches forced trades to be executed at unwanted prices…. 
 
NYSE Euronext’s (NYX: 25.04, -0.44, -1.73%) Big Board said it is reviewing trades on 148 stocks between the market open at 9:30 a.m. ET and 10:15 a.m. ET. NYSE said it will provide an update “shortly” on these views. The NYSE declined to comment on the trading issues specifically.
 
The turbulent open on Wall Street created a trading halt in a slew of stocks listed on the Big Board, including Molycorp (MCP: 16.98, -0.44, -2.53%), Corelogic (CLGX: 23.05, +0.05, +0.22%), China Cord Blood (CO: 2.59, +0.12, +4.86%), Kronos Worldwide (KRO: 17.76, +0.84, +4.96%) and Trinity Industries (TRN: 28.78, +0.78, +2.79%).
 
A cluster of other stocks were struck by heavy volatility, including Dole Food (DOLE: 11.95, +0.18, +1.53%), RadioShack (RSH: 2.90, -0.02, -0.52%) and Quicksilver Resources (KWK: 4.67, +0.15, +3.32%)….
 
Underscoring the trading issues, Saluzzi pointed to surge in volume of Wells Fargo Capital IX (JWF: 25.17, -0.39, -1.53%), preferred shares of the San Francisco banking giant.
 
“It usually never trades. It traded four million shares!” said Saluzzi.  
 
The volatility comes on a high-profile day for Wall Street, which is anxiously awaiting a pivotal decision from the Federal Reserve on whether or not to provide further monetary stimulus to juice the sagging U.S. economy. 
 
 
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Why The Fed Could Destroy Your Wealth on August 1st [Doom and Gloom]
 
Noted expert Peter Schiff says the U.S. economy is on the verge of an economic collapse worse than 2008 and is warning investors to take immediate steps to protect themselves.

In a gripping interview on Yahoo Finance, Schiff warns that while the Fed's moves could "artificially" bolster the economy – and bring investors false hope that things are turning around – the truth is that the government will only be delaying the "Day of Reckoning."

"If the Fed ultimately comes through with QE3… it won't strengthen the economy, but it will weaken the dollar," Schiff said, noting that Bernanke's policies will eventually lead to a Greek style debilitating sovereign debt crisis where the dollar plunges and consumer prices and interest rates spike.

"We have a much bigger collapse coming, not just the markets, but of the economy. It's like what you're seeing in Europe right now only worse," Schiff said.

 
The collapse could be set in motion as early as August 1st. That's the day that Fed chairman Ben Bernanke gives his annual remarks from Jackson Hole, Wyoming where many analysts expect Bernanke will announce plans for QE3 – and the next phase of money printing begins.

He goes on to say that things will get truly ugly when we hit our fiscal cliff and have to slash government spending across the board.

"People on entitlements like Social Security and Medicare… they're not going to get the benefits they've been promised. Government workers are going to have to take pay cuts… banks are going to fail… people are going to lose money, not just investors but depositors. The housing market is going to fall again."

And Schiff isn't the only expert warning about the U.S. economy's dire predicament.

A group of prominent scientists, economists and geopolitical experts have uncovered an emerging pattern… one they believe could soon hasten an American economic catastrophe – and a radical hit to the wealth and financial security of millions of Americans.

Editor's note: Germany's military held a secret investigation into this emerging pattern and concluded it could lead to "political

instability and extremism." Click here to view this controversial investigation.
 
 
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Aug. 1: A “Superpower” That Couldn’t Keep the Lights On [Attack Piece]
 
India’s policymakers have been fixated with pursuing major strategic ambitions with the hopes of one day becoming a superpower. The country has tripled its defense expenditure over the last decade to become one of the top-ten military spenders.
 
It has been lobbying for a permanent seat on the United Nations Security Council and it has been trying to raise its profile globally through public diplomacy and events such as the Commonwealth Games.
 
In 2010, the London School of Economics argued in a report that despite India’s impressive rise, the country shouldn’t get carried away and pursue global ambitions, rather it should focus on solving its deep socio-economic problems.
 
“The bright lights of great power diplomacy may serve only to distract from the pressing requirements of India’s domestic development, which to date has neither locked in its successes nor laid out a sustainable path for the future,” the report said.
 
Yet, the government has failed to pursue economic reforms and has flip-flopped on key policies such as letting foreign supermarket chains enter the country. That has hurt sentiment among foreign investors, who for many years were willing to fund India’s large trade deficit….
 
The growth outlook has darkened so much that Ruchir Sharma, the head of emerging markets at Morgan Stanley and the author of a new book called Breakout Nations, sees only a 50 percent possibility of India regaining its fast growth trajectory.
 
India’s Prime Minister seemed to recognize the urgency when he took over the finance minister’s post last month and assured investors he would pursue reforms.
 
But Taimur Baig, chief economist at Deutsche Bank told CNBC earlier this month: “the rhetoric needs to be followed with concrete actions expeditiously as investors are unlikely to give policy makers a prolonged period of benefit of doubt.”
 
Without those urgent reforms, India may finally have to turn the lights off on its lofty ambitions of superpower status.
 
 
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Aug. 1: Scenes from India’s Power Outage
 
 
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Aug. 1: Fed Holds Off on New Moves
 
Stocks fell on disappointment that the Fed didn't announce any new stimulus steps.
 
"Kind of a disappointment," said Nicholas Colas, chief market strategist at Convergex Group in New York. "The market was hoping for more news on QE or a longer time frame for not raising rates. It was very status quo at a time when people are saying the economy is getting worse."
 
 
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Aug. 1: Colorado Shooter Contacted MTV Star About Violent Movie Trailer
 
 
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Aug. 1: “Big Sean” From Lil Wayne Video Also in Justin Bieber Video
 
 
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Aug. 1: Coordinated Attack Video
 
 
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August 1: Crimes of the Big Banks: Worse Than Your Wildest Imagination
 
Preface:   Not all banks are criminal enterprises.  The wrongdoing of a particular bank cannot be attributed to other banks without proof.  But – as documented below – many of the biggest banks have engaged in unimaginably bad behavior.
 
Here are just some of the improprieties by big banks:
  • Engaging in mafia-style big-rigging fraud against local governments. See this, this and this
  • Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here, here, here, here, here, here, here and here
  • Pledging the same mortgage multiple times to different buyers. See this, this, this, this and this. This would be like selling your car, and collecting money from 10 different buyers for the same car
  • Committing massive fraud in an $800 trillion dollar market which effects everything from mortgages, student loans, small business loans and city financing
  • Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. See this, this, this, this and this
  • Engaging in unlawful “Wash Trades” to manipulate asset prices. See this, this and this
  • Participating in various Ponzi schemes. See this, this and this
  • Bribing and bullying ratings agencies to inflate ratings on their risky investments
The executives of the big banks invariably pretend that the hanky-panky was only committed by a couple of low-level rogue employees. But studies show that most of the fraud is committed by management.
 
Indeed, one of the world’s top fraud experts – professor of law and economics, and former senior S&L regulator Bill Black – says that most financial fraud is “control fraud”, where the people who own the banks are the ones who implement systemic fraud. See this, this and this.
 
But at least the big banks do good things for society, like loaning money to Main Street, right?
 
Actually:
  • The big banks have slashed lending since they were bailed out by taxpayers … while smaller banks have increased lending. See this, this and this
We can almost understand why Thomas Jefferson warned:
 
And I sincerely believe, with you, that banking establishments are more dangerous than standing armies ….
John Adams said:
 
Banks have done  more injury to religion, morality, tranquillity, prosperity, and even wealth of the nation than they have done or ever will do good.
 
And Lord Acton argued:
 
The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.
 
 
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Aug. 2: India Will Launch Mars Mission in 2013
 
India plans to launch a mission to Mars next year, putting an orbital probe around the red planet to study its climate and geology, top space department officials said on Thursday.

 
The mission would mark another step in India's ambitious space programme, which envisages the Asian giant's first manned mission in 2016.
 
"We will embark on the Mars mission after the Department of Science gives the green signal and decides the schedule early next year," Deviprasad Karnik, director of the state-run Indian Space Research Organisation (ISRO) told AFP.
 
A 320-tonne Indian Polar Satellite Launch Vehicle rocket will be used to carry the orbiter spaceship, blasting off from the ISRO launch site at Sriharikota in the southern state of Andhra Pradesh.
 
Another senior official at ISRO, requesting anonymity, estimated the cost of the mission at 4.0-5.0 billion rupees (£45-58 million).
 
 
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[Undated] Colorado Massacre Page – Insider Knowledge of Multiple Attackers?
 
 
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Aug. 2: Fed’s Gold Being Audited by US Treasury (Deceiving Readers)
 
When we started reading the LA Times article reporting that "the federal government has quietly been completing an audit of U.S. gold stored at the New York Fed" we couldn't help but wonder when the gotcha moment would appear.
 
It was about 15 paragraphs in that we stumbled upon what we were waiting for: "The process involved about half a dozen employees of the Mint, the Treasury inspector general's office and the New York Fed. It was monitored by employees of the Government Accountability Office, Congress' investigative arm."
 
In other words the Fed's gold is being audited… by the Treasury.
 
 
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Aug. 2: Top Five “Dark Money” Political Lobby Groups Report Less than 1% of Spending
 
The top five outside spending groups on presidential election ads have reported less than 1% of their spending to the Federal Election Commission, according to a new report by national research and advocacy organizations Dēmos and US PIRG.
 
Multiple types of outside spending groups are playing an even larger and more secretive role in the 2012 election cycle than previously thought or estimated….
 
“Dark money” groups actually outspent Super PACs in the 2010 cycle by a substantial marginand are set to have an even greater effect on this year’s elections, according to the report, which pooled data from the FEC and secondary sources.
 
The report finds:
  • When all types of outside spending on television ads related to the presidential race are taken into account, 50% the spending has been by “dark money” groups that do not disclose their donors.
  • The top 5 “dark money” groups spent $53.0 million on TV ads related to the presidential race alone through July 1, but reported only $420,920 in spending on all races through June 30th to the FEC. This means that these groups are currently reporting less than 1% of their spending.
  • The top 5 outside spending groups have accounted for 58.5% of all reported outside spending in the 2012 cycle.
  • More than half (57.1%) of the $230 million raised by Super PACs from individuals came from just 47 people giving at least $1 million. Just over 1,000 donors (or 0.00035% of the population) giving $10,000 or more were responsible for 94% of this fundraising.
  • Sheldon and Miriam Adelson have given a combined $36.3 million to Super PACs in the 2012 cycle. It would take more than 321,000 average American families donating an equivalent share of their wealth to match the Adelsons’ giving.
The report finds that the combined spending of Super PACs, "dark money" groups, and other forms of outside political spending is far greater and more secretive than imagined.
 
 
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Aug. 2: All US Presidents Related to British Royalty, Except One
 
Paso Robles, CA — Their political party lines maybe different but one thing United States presidents could share is their family line.
 
A young girl in California has put together a Presidential Family Tree. Twelve-year-old BridgeAnne d'Avignon found that all the presidents but one are related to King John of England through a common ancestor.
 
"They are all cousins and all grandsons of John Lackland," BridgeAnne told KCOY News. The girl searched more than a half million names for months. She started with George Washington, then traced both the male and female family lines to make the connection.
 
KCOY reports that before this, historians were only able to link 22 presidential family trees.
The teen also found out that she is the 18th cousin of President Barack Obama. She even wrote him a letter to let him know.
 
The only president not linked to King John: the eight president, Martin Van Buren.
 
 
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Aug. 3: NBC Forced to Apologize Showing Monkey in Gymnastic Win
 
NBC has become the centre of a race storm after airing an ad featuring a monkey performing gymnastics, right after showing the performance of Gabby Douglas, the first African-American to win Olympic gold.
 
The network has since apologised for the advert's poor timing, explaining: 'No offense was intended.'
 
The controversy ignited as sportscaster Bob Costas wrapped his analysis of her incredible routine during the all-around competition last night.
 
Costas said: 'There are some African American girls out there who tonight are saying to themselves: "Hey, I’d like to try that too." More from London in a moment.'
 
The broadcast then went to a commercial break, showing an advertisement featuring a monkey wearing a gymnastics uniform and performing a rings gymnastics event. 
 
The unintentional, but poorly-timed ad was for Animal Practice, an upcoming NBC sitcom.
 
 
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Aug. 3: Australia Rejects US Base Near Perth
 
 
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Aug. 3: Food Disaster Worries Mount as US Drought Widens
 
 
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Aug. 3: Facts Revealing Conspiracy Behind Aurora Shooters
 
 
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Aug. 3: Major Banks Help Hide Trillions in Offshore Tax Havens (Interview)
 
 
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Aug. 4: Vast International Child Porn Network Uncovered
 
BOSTON (AP) — A child pornography investigation that began in Massachusetts has led to the arrests of 43 men in seven countries and identified more than 140 child victims.
 
Those arrested include a children's puppeteer in Florida, a hotel manager in Massachusetts and a day care worker in the Netherlands.
 
A stuffed toy bunny helped investigators crack the case.
 
The bunny had been seen in a photo of a distraught 18-month-old boy. Investigators have discovered that the bunny was a character in a children's book popular in the Netherlands.
 
From there, they zeroed in on Robert Mikelsons of Amsterdam. He has confessed to molesting more than 80 children.
 
 
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Aug. 4: NY Fed Undergoes First Gold Audit
 
A massive trove of gold kept under lock and key five stories below Manhattan at the New York Federal Reserve has been undergoing its first audit in history. It could put conspiracy theories – for example, that the gold is a sham – to sleep for good.
 
According to the official record, the US government keeps billions of dollars in gold stored beneath the New York Fed's Italian Renaissance fortress around the block from Wall Street.
 
But conspiracy theorists claim that the gold stock may have been stolen years back in a dramatic caper, that it's been used for backdoor deals with foreign governments, or even that it's been removed and replaced with gold-painted metal bars.
 
 
HEADING
 
Aug. 4: Indian Flash Floods Affect Thousands
 
At least 2,000 people have been affected after flash flooding of the river Bhagirathi triggered by a cloudburst near Uttarkashi town in India's hilly Uttarakhand state.
 
Seven people have been killed in the floods, and at least 38 are reported missing. 200 families living near the river have been evacuated
 
 
HEADING
 
Aug. 6: Sikh Temple Shooter ID’ed as US Military Psy-Ops Veteran
 
OAK CREEK, Wis. (CBSDC/AP) — Authorities tell CBS News that the shooter behind the deadly massacre at the Sikh Temple of Wisconsin Sunday has been identified as 40-year-old Wade Michael Page.
 
Page previously served in the U.S. military, but was no longer on active duty, sources tell CBS News.
 
CBS News reports that Page enlisted in the Army in April 1992 and was given a less-than-honorable discharge in October 1998. He was last stationed in Fort Bragg, N.C., serving in the psychological operations unit.
 
Sunday’s shooting outside the temple in suburban Milwaukee left seven dead, including the suspect, and three others critically wounded in what police called an act of domestic terrorism.
 
Satpal Kaleka, wife of the temple’s president, Satwant Singh Kaleka, was in the front room and saw the gunman enter the temple, according to Harpreet Singh, their nephew.
 
“He did not speak, he just began shooting,” said Singh, relaying a description of the attack from Satpal Kaleka.
 
Kaleka said the 6-foot-tall bald white man — who worshippers said they had never before seen at the temple — seemed like he had a purpose and knew where he was going.
 
Late Sunday, the investigation appeared to move beyond the temple as police, federal agents and the county sheriff’s bomb squad swarmed a neighborhood in nearby Cudahy, evacuated several homes and searched a duplex. Bureau of Alcohol, Tobacco, Firearms and Explosives agent Tom Ahern said warrants were being served at the gunman’s home.
 
Oak Creek Police Chief John Edwards said police expected to release more information Monday. He said the FBI will lead the investigation because the shootings are being treated as domestic terrorism, or an attack that originated inside the U.S.
 
“While the FBI is investigating whether this matter might be an act of domestic terrorism, no motive has been determined at this time,” Teresa Carlson, Special Agent in Charge with the agency’s Milwaukee division, said in a statement Sunday night….
 
Even though the gunman’s motives were a mystery Sunday, Kaur said the shootings reopened wounds in a community whose members have found themselves frequent targets of hate-based attacks since Sept. 11.
 
“We are experiencing it as a hate crime,” she said. “Every Sikh American today is hurting, grieving and afraid.”
 
 
HEADING
 
Aug. 6: Shooter Was In Neo-Nazi White Power Band
 
The man who allegedly murdered six people at a Sikh temple in suburban Milwaukee yesterday, identified in media reports as Wade
Michael Page, was a frustrated neo-Nazi who had been the leader of a racist white-power band.
 
 
HEADING
 
Aug. 6: CNN Plays “Only the Good Die Young” After Temple Shooting Discussion
 
Eight days after playing the song "Stupid Girls" before a story about former Alaska governor Sarah Palin, the scoring geniuses at CNN were at it again.
 
After coming out of a break following a long segment about the Sikh temple shootings in Wisconsin, viewers of Monday's Starting Point were treated to Billy Joel's "Only the Good Die Young" (video follows with transcribed highlights and commentary):
 
At  8:37 AM, substitute co-host Ali Velshi opened a segment with the breaking news from Wisconsin that the suspected Sikh temple shooter was former Army soldier Wade Michael Page.
 
Narinder Singh, the chairman of the board of trustees for the Sikh Coalition was then introduced to discuss the massacre and inform viewers about his religion.
 
After about a six minute discussion, the program cut to a commercial break. Upon return, viewers were greeted with Billy Joel:
 
Well, they showed you a statue, told you to pray
They built you a temple and locked you away
Ah but they never told you the price that you pay,
For the things that you might have done…
Only the good die young
That's what I said
Only the good die young
Only the good die young….
 
Honestly, on a day when the nation is grieving a massacre at a temple, couldn't someone at CNN notice how inappropriate this was, especially following a segment about the shootings?
 
 
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Aug. 5: 5 Things to Know About Sikh Religion
 
 
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Aug. 6: Greer’s Filmmaker’s Father Arm Kaleka Killed in Temple Massacre
 
 
HEADING
 
Aug. 6: Amardeep Kaleka – Greer’s Filmmaker – Lost His Father
 
 
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Aug. 6: Sikh Shooter – Psyop About Tyranny
 
 
In 2010 he gave an interview to white supremacist website Label 56, telling them that he started the band End Apathy because of his wish to 'figure out how to end people's apathetic ways and start moving forward'.
 
He admitted the band was his idea and that topics included 'sociological issues, religion, and how the value of human life has been degraded by being submissive to tyranny and hypocrisy that we are subjugated to'.
 
The band's MySpace page says their music is a 'sad commentary on our sick society and the problems that prevent true progress'.
 
Song titles include Self Destruct and Submission.
 
 
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Aug. 6: Guide to Mass Shootings in America
 
 
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Aug. 7: Oct. 23, 1994: Rothschild Betrayed Nuclear Secrets to Soviet Union [Unarchived as of 8/7]
 
THE LATE Lord Rothschild, scientist, think-tank head, first- class cricketer, bomb-disposal expert and MI5 agent, was a super-spy for the Russians, according to a forthcoming book.
 
The Fifth Man, by the Australian author Roland Perry, claims to prove that Victor Rothschild stole 'all major UK/US weapons developments in the Second World War', including biological warfare, the atomic bomb and radar.
 
Specifically, he alleges that Rothschild, not Klaus Fuchs, or, as is generally believed, the civil servant John Cairncross, first alerted Stalin to Allied plans to build an atom bomb using plutonium 235.
 
Perry also claims that Rothschild, who died in 1990, was involved 'in so many aspects of spying that he seemed like a super-agent, sabotaging every Western intelligence initiative for 20 years after the war'.
 
The evidence offered is largely derived from three days of interviews in Moscow with seven retired KGB officers, some identified only by initials.

 
 
HEADING
 
Quote from British PM saying “don’t hang the bankers”
 
Quote from Financial Tyranny on mind-controlled assassins – with links
 
Link to video of magician who completely programs kid to murder public figure – get some stills
 
Indicate that the Colorado shooting was also telegraphed – by doing the Little Wayne video first
 
Get a picture to point out that Nicki Minaj is heavily promoted on that page
 
Break down Illuminati symbols in video – house number 33, humans as mannequins, telegraphing of shooting – possibly even a hypnotic cue to the assassin
 
Skeletons in theater are a blatant indication of conspiracy
 
Big Sean connected to Justin Bieber – another top music-industry product. Here Big Sean sounds like a nice guy – not a total Machiavellian
 
Colorado shooting deflected LIBOR and Federal Reserve scrutiny
 
Link to variety of articles exposing the shooting
 
Judicial shut-down – kid was delirious in court, claims amnesia, everything locked down
 
Sorcha Faal article claims Holmes’ father was set to testify on LIBOR
 
Indicate degree of viral spreading of this idea – all a setup
 
Shootings actually WERE a distraction from LIBOR, but use disinformation to make any suggestions of this seem crazy
 
Expose Sorcha Faal as Luciferian cult – complete with graphics and quotes from their own website
 
Isolate main article that Sorcha Faal kept steering back to
 
Blaming all the world’s financial problems on 138 countries – later changed to “over 130”
 
Expose the bunkers and the pics of gold and the Federal Reserve boxes
 
Explain how this is a spiritual war – the spirit world is real and energy is as important in the spirit world as money is in our world
 
Explain how the negative forces have been defeated throughout most of the galaxy and Earth is their main source of energy
 
Therefore, when we defeat them we are, in fact, liberating our entire galaxy