Libor Exposure Of Banker Corruption, Bank Of England And U.S. Fed Both Implicated [1a]

It’s nothing new, Barclays and HSBC banks have long been involved in corrupt dealings, [1b][1c][1d], yet woe be tide if you dare even try to open a bank account or ask for a loan if you’ve missed so much as last month’s mobile phone bill, as they now declare you ‘blacklisted’, despite having a impeccable credit score and rating for the last 10 years or so.  Yet how can our banking system be so corrupt? 

KeepCalm-o-Matic.co.uk

Well the answers quite simple really, like all forms of corruption it can only stem from the top and permeate downwards.  Like that of the Federal Reserve in the USA, we have even a more corrupted banking approach here in the UK, that after all we taught the American banking cartels how it’s really done.    

“Your Country Needs You” 

We should be descending on the Houses of Parliament in Egyptian style - our country is in such as bad state economically as we no longer make or produce anything of real significance, - and that once we are forced to sign up to the EU, which will still happen despite everything that’s currently happening, though that is of course unless “the people” can prevent it taking place, - as our country will gradually decline even further into becoming a much poorer place to live than it presently is. 

We all know what’s happened to the “PIGS & I” of Europe, Portugal, Italy, Greece, Spain and now Ireland, with no doubt other countries to soon follow in their trotters, [and all this trouble going on in the middle-east, is sure working wonders as a distraction from all our woes over here in Europe], with the UK recently losing its AAA rating.

     In a famous letter to Samuel Kercheval on the 12th July 1816 by US President Thomas Jefferson who drafted the Declaration of Independence. - “We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude.  If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labours and our amusements, for our calling and our creeds... - we will - have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers... And this is the tendency of all human governments.  A departure from principle in one instance becomes a precedent for [another] ...till the bulk of society is reduced to be mere automatons of misery...  And the fore-horse of this frightful team is public debt.  Taxation follows that, and in its train wretchedness and oppression”. ^[1]

     PM David Cameron dropped a bombshell on the nation on the 8th June 2010, by telling us what we apparently owed during a speech given at the; The Open University campus in Milton Keynes.  Cameron spelled out the severity of our problems and explained the so called truth of the total national that is actually pushing trillions and that each child born automatically has thousands of pounds worth of debt on their head.  He said; "Cuts will need to be made, taxes will need to be implemented and ‘we’re all in this together.’" ^[2]

The crap they come out with, - as this is where the Prime Minster stops telling the truth, a report released on the 28th of October 2010 showed companies directors earnings were in many cases increased by 55% that year alone; “in this together”, in what, in the shit for us more like? - As that’s where they’re leading the working classes, with the help of the middleclasses making it possible!

Conscious economists and well read members of the public are already well aware the sort of shit the countries in.  In fact they were screaming and hollering long before the recession itself and warning others that it was coming.

As a society the first question we should be asking, is why has it taken this long for our elected politicians to be so allegedly frank and honest?  Well the truth is, there not, as they’re there to “cover-up” the real problem, - and put a spin on why it happened, - and then by using the typical political rhetoric “the problem’s we inherited”, to make themselves look and sound good, - and that after all it’s not their fault they are only being forced into taking such harsh and drastic austerity measures so they can pull the country back from the brink, - yet they're still telling porky’s to us!  You know why; because they really don’t give a fuck and here’s the proof of Camerons;“Grand deception” - in this speech he only fleetingly mentioned the Bank of England in passing comment by saying that the government’s plans have been “Okayed” by the bank.

     Yet what he also failed to say, is that the problem was and still is actually compounded by this enormous corrupt institution, and which is the root cause of all our countries debt problems and always has been since its very formation 317 years ago.  The bank didn’t “okay” the government’s plans, as it was and always is the Bank of England who dictates the plans to the government as in a financial sense the Bank of England owns Britain! 

Back in the day when Britain was controlling its empire, it constantly needed to raise further finance to continue wiping out and taking over other nations.  Thus “it” allowed a so called “private bank” to lend “it” this money at a charged interest like any other high-street bank does today.  This private bank then deceptively became known as the Bank of England, in a “private corporation in the 'square mile' of London” no different than that of Vatican City.  Despite the lies the Freemason MP’s try to tell you, the Bank of England is a private bank, run for PROFIT and outside of the government’s jurisdiction and control. 

Many people have argued that Labour “handed back control” to the bank, no it didn’t, it never “had control” of the bank to begin with, they just had an input into what the bank should charge “us” in interest rates, so all it did was shift the onus and responsibility of setting interest rates by relinquishing that input and letting the bank take full accountability of it instead.

     Following the success of the people’s revolution, then perhaps the very first thing that should be addressed is the disbanding and disolvement of the Bank of England and all the debts it says “we as a nation” - owe it!

Since its deception, I mean inception in 1694, the Royals used loans to extend their empire by using armies that needed equipping with all kinds of things and more importantly weapons had to be made and invented, while at the same time the bank used its loans to extend its empire in the world of finance.  It wouldn’t take long for Britain to amass an incredibly dangerous level of national debt that would increase year in and year out, that by 1844 the government owed the bank in excess of a staggering 11 million pounds, considering £1 million in 1844 = £80 million in 2010 prices.

     The Bank of England is cosily protected in the City of London, which as I say is a private city within the Masonic "square mile" of London and the reason London has 'two' mayors, - and that even Queen Elizabeth II herself must ask permission to enter it! 

This one Boris Johnson, Mayor of London with fellow Bullingdon Club member - where and "when Boris met Dave" Cameron - seen gentle pinching Boris' bum!

Lord Mayor of London, Alderman David Wootton, waves to the crowd at the start of the Lord Mayor’s Show at Mansion House in central London and where he resides.

Our “alleged” deficit mentioned by Cameron above, simply refers to one year of government debt.  That in other words in one single year the government has taken out more from the bank than it’s put in.  David Cameron tried to pin the blame on the previous government, knowing full well how this corrupt banking system works.  He should be blaming every single crooked government since 1694, and the thieving banksters and the system itself; because every year the national debt has spiralled out of control and will continue to do so ^[3] even under Cameron’s government and every single successive government still yet to come; - 'Hello', so the problem will never go away if we remain under this present corrupt banking system.

     And why is this you may well ask?  Well, it’s because in order for the country to print money and supposedly stimulate the economy, it has to borrow money that money, though they will never see a return on it, or more importantly they will never earn on it.  It’s not as if their putting £1 million into the economy and gaining an excess in return, as the fact of the matter is they always lose on it, yet have to still pay interest on it.  So how this present system works is like a dog chasing its tail that’s continuously shrinking. 

If you had a business like that, you’d have called it Ford Motor’s, only joking, - but you would soon go out of business, and the same applies to your bank who wouldn’t touch your business with a bargepole if they could see the money they’re supposed to be loaning you would continuously be in decline, as they’d soon realise your never be able to keep up your repayments and will always been in a deficit.

     That’s why they’re all oath taken Freemason’s who will never mention this fact, - as why on earth aren’t there any objections to this cosy little set-up?  If our government wants to print £1million, it has to go to the Bank of England with a Blackfriars cap, or should I say hood in hand, - and ask for it!  In turn the corrupt bank will then buy what is essentially an IOU Bond, a worthless piece of paper from the government, and then print-off the £1million.  We, alias the government are now £1million more in debt to the bank and now have to pay back this loan - plus interest - over about a 10 period. 

     As said, the objective of this £1 million loan is so the government can now try and stimulate the economy by that much, - that it can afford to pay back the outstanding debt, yet the problem is that we’re already trillions of pounds in debt and we have a government set-up and economy that doesn’t create an income that earns the country any money, because instead of the billions of pounds in profits being made by industries such as the electricity, gas, water and oil companies, we don’t own them anymore and the reason our country needs them back.  There’s absolutely no way we can ever pay this present debt back unless we spend decades and decades living in absolute poverty without any public services whatsoever, whilst working 24 hours a day with most of our earnings being taxed to pay off the debt.  It the current banking system that's the cause of all our problems!

     Experts have compared how difficult paying back our debt would be with the hypothesis that if you were to constantly throw out of the window a £50 note every second of the day and nonstop, it would take you 3,000 years to get to the figure of the debt we owe! 

So it goes without saying, it will never ever work, and it doesn’t work because it’s specifically design that way.  And by us having this mad and ridiculous system in place, it importantly and equally disturbingly reveals it’s ugly head to us that all those past and present politicians who have and still do allow this farcical practice to continuously and unquestionably go on, - shows with frightening clarity how powerful the Masonic banking cabal truly is, and more worryingly its 100% proof how corrupt every single one of our politicians truly are. 

     The only solution to stop this lunacy is cut the arteries of Bank of England, and take it out of the equation all together, and until a political party proposes this such thing then nobody in this three headed coalitional hydra is worth voting for, - as they’re virtually all Freemasons and none of them are standing up for this kind of thing to happen, and never will.  The same problem is across the board in all other countries around the world, the Federal Reserve in the USA, is like our Bank of England.  And by our politicians acting this way, they are indirectly employees and representatives of the bank.  So, what do we do?  Do we simply trudge along with this gun to our heads criminally exploitive system and agree with any new measures proposed by equally our crooked politicians just because we’re too stupid to understand anything else?  Or do we cut to the chase and demand that this shady coalition of a government severs all ties with the Bank of England?  It’s your choice - but if you think it’s bad now, what will it be like for your children and theirs? 

Now is the time to start an “End University Fees and the Bank of England Movement” - “Your Country Needs You!”, especially the youth of today as this is reason enough why we should all be descending on parliament in our millions. - Let’s put an end to this scam for once and for all, - as these criminal banksters and their lackey politicians are simply destroying everyone’s future, - but their own!

Extracts from Tapped in a Masonic World.

Where's the arrests? Why has no one been jailed?  Why has the Libor Scandal, the biggest fraud ever to be commited in the entire world gone deafly silent?

David Cameron said Barclays has "serious questions to answer" over Libor fixing and George Osborne describes the scandal as a "shocking indictment" of the banks amid calls for the bank's chief executive Bob Diamond to resign.

• More than £3bn wiped off Barclays value as stock falls 15.5pc • Barclays fined £290m for trying to manipulate Libor • Bob Diamond, chief executive, facing calls to resign • Barclays ex-boss: bank must repair "systematic dishonesty" • Cameron: Barclays has "serious questions to answer" • Osborne: scandal a "shocking indictment" of banks

= Latest =

17.21 That's where we leave our love coverage today. Check our finance page for the latest news on the Barclays Libor scandal.

17.15 Shareholders will summon the independent director of Barclays, Sir Michael Rake , to a meeting, reports the Guardian . One shareholder told the paper:

There are questions about the board to be answered.

17.03 Barclays saw its share price drop 15.53pc today, knocking the price by £30.45 to £165.60. That represents a loss of £3.2bn from the value of the company in just one trading session.

16.51 Telegraph blogger Iain Martin says that the Barclays Libor scandal could be the perfect time to launch a proper public inquiry into the entire banking crisis :

Every week it becomes increasingly incredible to me that there has not been a full public inquiry into the banking crisis. I don’t mean we need a witch-hunt after one or two individuals. But there is surely a need for us to understand properly the processes and actions of the individuals and companies who failed. It should involve cross-examining the UK’s top bankers, regulators and politicians of the time, in order that we (meaning Parliament and wider society) can get answers to the key questions: what exactly went wrong, and what do we want banks to do for us in the future?

16.43 European markets have shut down for the day, downbeat as expectations for a resolution at this week's EU summit fade.

For details and story see: http://uk.finance.yahoo.com/news/barclays-libor-scandal-happened-ju...

[1a] http://www.marketoracle.co.uk/Article35468.html

[1] "Thomas Jefferson Quotes/Quotations." a href="http://quotes.liberty-tree.ca/quotes_by/thomas+jefferson%3E">http://quotes.liberty-tree.ca/quotes_by/thomas+jefferson>;.

[1b] 2012 Barclays Libor scandal: as it happened - June 28, 2012

http://uk.finance.yahoo.com/news/barclays-libor-scandal-happened-ju...

[1c] 2012 Barclays, UBS, HSBC, Royal Bank of Scotland Involved in Money Laund...  HSBC Aided Money-Laundering by Iran, Drug Cartels, Probe Shows

Read more on Newsmax.com: HSBC Aided Money-Laundering by Iran, Drug Cartels, Probe Shows important: Do You Support Pres. Obama's Re-Election? Vote Here Now! http://www.newsmax.com/Newsfront/HSBC-money-laundering-iran/2012/07...

[1d] 2012 - Our toxic bank: It's morally bankrupt and calls clients 'muppets'
Read more: http://www.dailymail.co.uk/news/article-2115149/Greg-Smith-Goldman-...

2010 Barclays, UBS, HSBC, Royal Bank of Scotland Involved in Money Laund... http://publicintelligence.net/barclays-ubs-hsbc-royal-bank-of-scotl...

2009 Barclays 'corrupt regime' claim

http://news.bbc.co.uk/1/hi/business/7936335.stm

[2] "Cameron Tells Truth, But Not Whole Truth On Economy ..." a href="http://wideshut.co.uk/cameron-tells-truth-but-not-whole-truth-on-economy/%3E">http://wideshut.co.uk/cameron-tells-truth-but-not-whole-truth-on-ec...;.

[3] "A Lot Worse: UK Mired in £5 Trillion of Debt| Bank and Save ..." a href="http://www.orange.co.uk/money/debt/18589.htm%3E">http://www.orange.co.uk/money/debt/18589.htm>;.

[4] Carrigallen Community News 16 May 2008 - Local - Leitrim Observer. http://www.leitrimobserver.ie/news/local/carrigallen_community_news...