The biggest financial fraud in history receives scant media attention
Media blackout on LIBOR
By Doug Hagmann
9 July 2012
The chances are good that if you ask someone on the street what LIBOR is, they would guess it to be an obscure country in Africa. The reality, of course, is that LIBOR is something that affects everyone, to the extent that it “sets” the interest rate you’ll be paying for your mortgage, car loan, credit cards, and the rate of return you’ll receive on your pension, 401K, savings and all financial instruments. In total, it establishes the pricing of financial products across the world to the tune of up to $800 trillion. Trillion.
We are now finding out that the entire system has been rigged, enriching the “elect” and financially looting the rest. If you are reading this, you have been robbed, although the corporate media remains silent about who robbed you, how it was done, and which government and non-government officials were complicit and benefited. Why? Perhaps the most compelling reason is that when the “average” person learns the depths at which corruption exists between the various banks, governments and government officials, there will be a revolution like the world has never seen. Additionally, they too, along with many elected and appointed officials, have aided and abetted the fraud. Yes, it’s that bad, and it’s about to break wide open.