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LIBOR Explained: The largest banking corruption scandal in history


It's over for the banking cabal. July 4, 2012.

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Psalm 37:16

"A little that a righteous man hath is better than the riches of many wicked."


piggy bank robber

This thing make Bernie Madoff look like a piggy bank robber and look at how much press he got. This revolt is much more important than just nominating Ron Paul, which would help a lot. Obama and Romney are both in the pocket of these same criminals and nothing will change. Media should be included in all of these criminal activities investigations. The Brits aren't taking this lying down and we shouldn't either.

US Prime interest & LIBOR

US Prime interest & LIBOR rates are calculated in much the same manner. Bankers are trained in the art of deception. Proper manners & attire are accouterments... Theater uses a lot of make up.

US Prime & International LIBOR: Make-believe interest rates for make-believe monetary systems.

Interest Rates Are Banker "Imagination" "Make Believe" Submitted by Mark Twain, 05/07/2010. Quick summary of how to calculate Prime & LIBOR interest rates.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Largest Debt Forgiveness in History: Jubilee ~ 7 x 7 = 49 years

Leviticus 25 (New King James Version

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Jubilee for Justice:

Jubilee for Justice: A call for a new debt jubilee


Inspired by the ancient celebration of jubilee, a time when debts were cancelled, slaves were freed and land was redistributed, we are calling for a new debt jubilee in response to today's global economic crisis: a Jubilee for Justice. Add your voice >>

Oaths made to God may be the heart of it.

Yes, I've been noticing that Jubilee is actually around now as well.

It's remarkable that the fake (non-Christian) synagogue of Judaism has the prayers of kol nidre on the day of atonement too - a completely non-biblical apostate act.

I have not been thinking about that recently from the viewpoint of Jubilee though, but from a covenant position. Oaths before God are important in society, keeping your promises, holding your pledges on the Holy Bible.

If you study covenant making from the Pilgrims on in this country, there seems to be a consistent effort to remove them and replace them with something else - no oaths, oaths that aren't before God, the Lord's supper being taking as a symbol instead of something that might cause you to drink damnation to yourself 1 Corinthians 11:29, people not being sworn in on a Holy Bible or to tell the truth on one in Court.

Are these things being removed because it is just superstitious? Or are they being removed because they are real? - and the Anti Christ doesn't like to be punished by God, and God watches over oaths made to him?

And why is a major religion the opposite of our puritan forefathers, and actually prays that their oaths won't really be oaths - obviously their God they are praying to isn't the truthful one that upholds oaths.

The counterfeit society has replaced covenant making with "social contracts", that usefully is not made with a Lord that will judge the oath breakers of it.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

Jubilee, Oaths & Kol Nidre.

+1. Thanks for informing about kol nidre, so foul. I read some more about it on Wiki, and then your second post below.

Mark Twain posted above the link to Leviticus 25, where Jubilee is mentioned, with clear & detailed instructions = "18 ‘So you shall observe My statutes and keep My judgments, and perform them;"

In the whole chapter there is No repudiation of oaths.
Kol nidre is an obvious fabrication, to create mischief.

A wise recognition you bring up.....

The Kol Nidre is the Pharisees ultimate final ploy to get the chattel, the "useless eaters" to all lay down and flop.

Never fall for this scam. The Kol Nidre is used in Judaism as well as Islam, usually by the fascists in charge who exemplify Pharasiasm.

Kol Nidre scam in Islam??

pls give instance or text, - where is it practiced ?
Islam = accept, believe & obey The Commandments, live by the Covenant, and fulfilling oaths (& what is entrusted) is an important principle.

FYI from yom kippur:"All

FYI from yom kippur:

"All personal vows we are likely to make, all personal oaths and pledges we are likely to take between this Yom Kippur and the next Yom Kippur, we publicly renounce. Let them all be relinquished and abandoned, null and void, neither firm nor established. Let our personal vows, pledges and oaths be considered neither vows nor pledges nor oaths"

Hmm, that means that the Declaration of Independence wouldn't exist, if the signers had been Judaism worshipers instead of Christians.

In fact, my signature has the last line of the Declaration of Independence. To this we pledge our lives, fortunes, and sacred honor.

Oaths are an integral part of good society throughout history. In fact, the Angle Saxons had them too. Our word town comes from ton or a hundred - people made oaths to each other on the tithing (ten) and hundreds (town) level to create districts.

Not all oaths are created equal. If you are a covenanter, you make your oaths before God for His blessing and protection. That's what is being removed - so oath breakers can create oaths to nothing.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

Yes, unfortunately.....

The Pharisees have done this all throughout America, including the police departments.

It would be almost comical if it wasn't so sick, and horrifyingly sad.

There is no oath. The oath they take is to Molech and the other 2000+ pagan deities, if we go back to ancient Zionism, where the Pharisees started this with pride in ancient Egypt.

In fact, the oath is null and void once its spoken. That means all the promises they make, including ones to God, are therefore null and void.

So if a Pharisee promises not to harm you if you will confess, and declare him/her your ruler.....don't believe this BS. It was done in the Bible and its done today.


I am a Lutheran so I am going to put my 2 cents in this.

First off, I do not know where you get your oaths nullified junk on. The Prophets routinely criticized the Israelites for not honoring oaths. Secondly, Yom Kippur is very important to how Christ died. Jesus Christ is the 'scapegoat'. What does this mean?

“Aaron is to offer the bull for his own sin offering to make atonement for himself and his household. 7 Then he is to take the two goats and present them before the Lord at the entrance to the tent of meeting. 8 He is to cast lots for the two goats—one lot for the Lord and the other for the scapegoat.[b] 9 Aaron shall bring the goat whose lot falls to the Lord and sacrifice it for a sin offering. 10 But the goat chosen by lot as the scapegoat shall be presented alive before the Lord to be used for making atonement by sending it into the wilderness as a scapegoat.

Christ was crucified outside of Jerusalem. This was to fulfill the ultimate Yom Kippur. Jesus Christ is the ultimate scapegoat for our sins.

Secondly, God himself gave an oath to Abraham that his descendants would out number the stars and become all nations. This was, in the ancient orient, called a Royal Block Grant meaning that from a greater king to a lesser king the promise was unconditional.

The Law of Moses however is a Suzerain Covenant. What does this mean? It means it is a promise from a greater king to a lesser king (the people of Israel) that if they abide by a certain set of guidelines the king would uphold his end of the contract. Usually other deities were called upon as witnesses in surrounding cultures. Not so with the Law, God calls upon the Heavens and the Earth as witnesses to the covenant.

Using God's name in vein is a sin because words have power. God spoke creation into existence. God's name also has power. In Judges someone misuses the name of God and must carry out his promise which has drastic consequences. Note: He could of repented, but did not thus he was punished. Using God's name Yahweh in a contract means that you have called the Lord to witness your dealing. Just remember the story in Judges before you obligate yourself that far. That is why Jews removed God's name and replaced it with Adonai (translated as Lord) El or Elohim (God) or simply the Name (see the Great Commission when Jesus goes out and says Baptize all in the Name of the Father and of the Son and of the Holy Spirit... all three persons have the same Name... Yahweh).

We Lutherans like to tie things into either the Creed, the Lord's Prayer or the 10 commandments. So in the end, keep the 10 commandments and you are safe. Never bear false witness against your neighbor even in contracts. Lying is never good.

May the LORD bless you and keep you
May the LORD make His face shed light upon you and be gracious unto you
May the LORD lift up His face unto you and give you peace
Follow me on Twitter @ http://twitter.com/Burning_Sirius

Yom Kippur is not being

Yom Kippur is not being talked about. It is prayer added to Yom Kipner called "Kol Nidre", done by the entire congregation as a ritualistic prayer, which is completely unbiblical. The information is on wikipedia, as one poster mentioned, as well as anywhere else.

Whatever Judaism is, it isn't the Judaism of the old testament. It has a lot of "added" additions like this. This is just the example that fits jubilee.

Real Jews worshiped the Messiah a long long time ago and became known as Christians. Something clung calling itself Judaism after that, but it was a Christ denying spirit.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.



what do you guys think, good idea ?


This whole scandal is way over blow. Here is some perspective on this from someone who actually looked at the facts:



not viewing

no one believes this is small.

True, these "scandals" only serve to distract the masses

from the real culprits: The Fed, the IMF, the US Government and other frauds.

Thanks for posting these wardo1234. Very good analyses.

TO: WArdo

Well, I dunno~~~one thing you can be sure of is this....if there were manipulations, and there were, then, you & I both know that Wall Street Banks benefitted, one way or the other, PERIOD. And, they benefitted over US....for sure!

Objectivity lost...

I dislike Spitzer and anything with him involved is a negative and lack credibility with me. Personally, he cost me and many other fine people here a good job prior to his fall in grace. How a business can use him as a public image is beyond my understanding of credibility and respectability. Go lay with your dogs Spitzer.

The night is far spent, the day is at hand.
And those who have not heard shall understand.

Agreed...Spitzer has no crediblity, he is as corrupt

as any banker he supposedly exposes. A pompous blowhard who got taken down hard.

Dark days...

I know this is not well thought out and relatively based on emotion, but it seems to me the only answer for justice at this point, and I hate to say it, is violence, as in banker blood in the streets, and the corrupt hoard of politicians that protect them. We've lived under their tyrannical fear, the blood of innocents flowing in the streets for their profit, and now it's time for them to be the ones living in fear. How many assassinated bankers would it take before the others took notice? Anyway, I'm sure I'll get a call from Homeland Security after this little exercise in first amendment 'rights'.

Let them come to you

You never fire the first shot in self defence, if they knock doors down, if they start trying to take guns away, let them get whats coming to them, you need not worry whether they're going to pay for their inhumanities, 90-100 million angry gun owners, hunters, marksman, few seals, berets here and there who have given knowledge to citizens, lets not forget the military, is actually good if their pissed, let them get pissed, THEY WILL, but be smart about what you say, its our right 110% to talk in defence but they have been stepping on our rights for some time.

Anyone else getting warnings

Anyone else getting warnings when attempting to open this video?

This scumbag elliot spitzer

This scumbag elliot spitzer hates Dr Paul and you think you can trust anything he has to say about anything?

The world is my country, all mankind are my brethren, and to do good things is my religion. Thomas Paine, Godfather of the American Revolution


The largest banking corruption scandal in history is the Federal reserve system. This is bad, but it's peanuts compared to how the Fed's been manipulating interest rates for over 100 years, yet even that now goes unnoticed (by Paul supporters even, apparently).

Get your perspective straight.

"I never submitted the whole system of my opinions to the creed of any party of men whatever in religion, in philosophy, in politics, or in anything else where I was capable of thinking for myself." - Thomas Jefferson

End the Fed. Ron Paul, 2012.

LIBOR & Prime interests rates are questionable. They are made of banker opinions. Bankers ask each other what these rates should be.

Interest Rates Are Banker "Imagination" "Make Believe" Submitted by Mark Twain, 05/07/2010. Quick summary of how to calculate Prime & LIBOR interest rates.

The Fed: Loaning you blind, since 1913.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Excellent point

This clip perpetuates the myth that corrupt financial institutions created the housing collapse and current economic mess. Yes, we have plenty of corruption in the financial sector, but their role in the housing bubble was miniscule. Look to FED monetary policy and U.S. fiscal policy for the real causes of these events.

For Liberty

And, that's not the ONLY thing Wall Street has or is doing~~

I can't go into it, but I suspect the absolute worst which would shake all those baby boomers to the bone!

The Fed celebrates its birthday, December 23, since 1913.

Near 100 years. Just past its second Jubilee (7 x 7 = 49... 49 + 49 = 98). Time for debt relief of biblical proportions! James 5.

[Victrola plays ♬ DEBT FORGIVENESS JUBILEE - Jim Terr ♬] 2 minutes.

Jim Terr © 2008

♬ You outa see Milton Friedman, spinnin' 'round in his grave. --
-old Alan) Greenspan takin' back all that advice that he gave.
Bernanke and Geithner, flippin' their lids.
Talk about stimulus -- it will be fabulous!
Equifax and Freddie Mac and old Fannie Mae,
To never hear their names again will make us so gay.
Yeah it's overdue I think -- don't you?
It's the Debt Forgiveness Jubilee! ♬ ...

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Jubilee ~ year 7 x 7 = 49.

Leviticus 25. New King James Version

The Sabbath of the Seventh Year

25:3 Six years you shall sow your field, and six years you shall prune your vineyard, and gather its fruit; 4 but in the seventh year there shall be a sabbath of solemn rest for the land, a sabbath to the Lord. You shall neither sow your field nor prune your vineyard. 5 What grows of its own accord of your harvest you shall not reap, nor gather the grapes of your untended vine, for it is a year of rest for the land...

The Year of Jubilee

8 ‘And you shall count seven sabbaths of years for yourself, seven times seven years; and the time of the seven sabbaths of years shall be to you forty-nine years. 9 Then you shall cause the trumpet of the Jubilee to sound on the tenth day of the seventh month; on the Day of Atonement you shall make the trumpet to sound throughout all your land. 10 And you shall consecrate the fiftieth year, and proclaim liberty throughout all the land to all its inhabitants. It shall be a Jubilee for you; and each of you shall return to his possession, and each of you shall return to his family. 11 That fiftieth year shall be a Jubilee to you; in it you shall neither sow nor reap what grows of its own accord, nor gather the grapes of your untended vine....

13 ‘In this Year of Jubilee, each of you shall return to his possession. 14 And if you sell anything to your neighbor or buy from your neighbor’s hand, you shall not oppress one another...

Provisions for the Seventh Year

19 Then the land will yield its fruit, and you will eat your fill, and dwell there in safety.

Redemption of Property

23 ‘The land shall not be sold permanently, for the land is Mine; for you are strangers and sojourners with Me. 24 And in all the land of your possession you shall grant redemption of the land.

25 ‘If one of your brethren becomes poor, and has sold some of his possession, and if his redeeming relative comes to redeem it, then he may redeem what his brother sold. 26 Or if the man has no one to redeem it, but he himself becomes able to redeem it, 27 then let him count the years since its sale, and restore the remainder to the man to whom he sold it, that he may return to his possession....

29 ‘If a man sells a house in a walled city, then he may redeem it within a whole year after it is sold; within a full year he may redeem it...

Lending to the Poor

35 ‘If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you. 36 Take no usury or interest from him; but fear your God, that your brother may live with you. 37 You shall not lend him your money for usury, nor lend him your food at a profit...

The Law Concerning Slavery

39 ‘And if one of your brethren who dwells by you becomes poor, and sells himself to you, you shall not compel him to serve as a slave. 40 As a hired servant and a sojourner he shall be with you, and shall serve you until the Year of Jubilee. 41 And then he shall depart from you—he and his children with him—and shall return to his own family...

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul