McFee's Musings

July 16, 2012

LIBOR Scandal

Filed under: Politics — dwightmcfee @ 5:27 am

LIBOR is the London InterBank Offered Rate. In other words everyday
Most of the banks tell each other what their interest rate would be to lend to each other, Cross my Heart and hope to die. Seven hundred trillion dollars in debt interest is based on This number.
SEVEN HUNDRED TRILLION $. And the Banks and The New York Fed and London and, and, and…the Internet bubble, the two financial bubbles, the real estate and mortgage collapse and Enron and the 2008 collapse and multi trillion bailout that continues and the wars and…

LIBOR: LONDON INTERBANK ORGANIZED RACKET!

Deeply painful to watch this psychopathic Plantation Capitalism’s effect on civilized culture and men and women and their children as they contemplate no future and more debt.
And no JUSTICE!

Bankers: Going to Hell if there is a God and He has been accurately quoted.
J. R. Saul

Good Luck
Dwight McFee

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