The LIBOR Scandal Is a Sham Engineered by Central Banking ElitesSubmitted by Katherine on Sun, 07/08/2012 - 11:07
Even ten years ago the power elite that runs central banking around the world could have gotten away with massive fraud. But over time the alternative media has chipped away at the nonsensical accusations swirling around the banks that create LIBOR.
People, already thinking for themselves (and more and more will), will see in this great, orchestrated showpiece that they are being tricked. A kind of malign "bait and switch is going on."
If there is a less grim side to what is going on, it has to be in the crumbling certitude of top industry bankers that they are not Masters of the Universe after all. They are actually pawns of a sort that are about to be sacrificed on the Great Chessboard of world power.
An apparent handful of dynastic families run things at this point in time, though the Internet Reformation is chipping away at their power, which is based on secrecy and which has been thoroughly exposed in the past decade.
They use dominant social themes to frighten Western middle classes into giving up power and wealth to specially prepared globalist institutions. These are fear-based promotions and one of the biggest ones is that the financial industry is the enemy and that only regulatory authority can cure the problem.
Of course, what is never noted is that certain institutions and individuals are above the law. These top entities secretly pull the levers of government for their own purposes and benefits. The process is called mercantilism.
A Bank for International Settlements (BIS) messenger can travel all around the world without a visa and without being searched. Detaining a BIS official is recognized as a crime the world over. Some people and groups are above the law.
But not banking executives. As we've pointed out numerous times, they are mere clerics in the scheme of things. Like politicians, generals, top scientists, etc., they are gofers for those who control the hundreds of trillions that pour off central bank printing presses every day.
Now these top controllers, threatened by the Internet, have embarked on a final push to subdue the financial industry and bring it totally under their control. They are evidently and obviously planning neo-Pecora hearings and this is the reason to orchestrate this latest "scandal."
This fits with our larger theory that the REAL power elite is almost overwhelmed at this point. Their wars are not going well, their cynical plot to restrict the very air we breathe via carbon capture has effectively crumbled, their plans and schemes are regularly exposed on the Internet.
This latest gambit, it is true, has been a long time coming. The idea is to entirely subsume the private instrumentalities of finance under a regulatory structure that will effectively prevent people from raising capital of any size.
Money Power is well aware that money is what provides it with the ability to recreate history – to create "directed history," as we put it – as it wishes. Thus, no one but "them" is to have money in any quantity.
The ownership of money is being effectively criminalized. A few are to manage trillions. The rest will get by on hundreds or thousands.
The next financial industry hearings in the US and Britain will make this clear. Though, perhaps – just perhaps – it won't get that far. They've been evidently and obviously trying to set up these sorts of hearings for four years now.
We've watched the newspaper articles reveal frustration on a regular basis that "re-regulation" is not going well. The elites needed a big issue to capture attention. LIBOR is that big issue. The gnomes at Tavistock must have stayed up late hatching this one. How the whips must have cracked!
Over in Qatar, Bloomberg and Co. are setting up QIBOR to take the place of LIBOR. The opening salvo was launched not long ago with the observation that the LIBOR system was "corrupt." Lo and behold ... a corruption scandal.
Meanwhile, the financial gravity of the West moves to the Middle East. There are some two billion Muslims and a financial system must be developed to bring these believers into the Western fold.
The small, funny countries of the Middle East provide a metaphorical test tube. A "third way" is being developed and Dubai and Qatar are at the heart of it.
And we have to live with endless iterations of this phony LIBOR scandal as a result.
Conclusion: Don't believe the hype. Think for yourself!