Saturday, 30 June 2012
Criminal manipulation - LIBOR. GOLD................from Rico
Criminal manipulation. The systematic 'rigging' of financial markets.
LIBOR. The LIBOR rigging scam emanating from Barclay's is a VERY big deal. The banker's routine and systematic manipulation of LIBOR rates not only increased trader's profits [OK - I hear some yawns. Traders are supposed to make profits, right? Besides, unless you are a businessman or savvy consumer who uses financial products tied to the LIBOR, you very likely neither know nor care what kind of animal a LIBOR is.]...the cost of secret 'rigging' for private gain to corporate entities and households was HUGE! And to traders and owners of GOLD!
- This is now rippling from Barclay's to HSBC, RBS and Lloyds. Stand by for DB and JPM to be implicated next. Not for nothing has this been dubbed "LIEBOR" and it's far from over.
Let's talk in terms of LIBOR manipulation and GOLD manipulation. LIBOR rates are critical to the detrmination of lease rates for GOLD.
- The lease rate = current rate on a debt instrument minus LIBOR costs (both for set durations).
1. By keeping LIBOR low against current interest rates, lease rates are positive. A negative lease rate would put GOLD into backwardation.
2. The LIBOR 'rigging' was a handy tool to keep GOLD from going into backwardation as EUrope and the US went into ZIRP mode.
A major footnote: If it were not for the international press, especially that of the UK, almost nothing would be known or said about the biggest criminal 'rigging' of financial markets to date. The lapdog MSM in the US is both too lazy, and too co-opted by the Masters of Wall Street and their political cronies to utter a 'peep' about the matter. Besides...it's 'hard' and it makes their heads hurt! It's so much easier to talk about Tom Cruise's divorce from that actress.
A minor footnote: Despite a month of heavy and very obvious price-capping, GOLD has still outperformed all major currencies. It's no accident or coincidence that Central Bankers absolutely hate the yellow stuff, or that they and their political pals would 'encourage' (wink-wink) bullion banks in the City of London to play fast-and-loose with the LIBOR and with paper on the COMEX in Chicago.
- I'd say it suits them right down to their socks!
Queen Elizabeth Shakes Hands With Former IRA Terrorist Martin McGuinness
I just love the queen, but I don't know if there's been a genuine political reconciliation. Isn't Sinn Fein still committed to armed struggle?
See: "Queen Elizabeth Shakes Hands With Martin McGuinness, Former IRA Terrorist Whose Group Murdered Her Cousin Lord Mountbatten."
News..............
USS Pampanito: A Real Sub in San Francisco to Tour
BLACKFIVE: The Differential Theory of the U.S. Armed Forces (Snake Model)
The Damage John Roberts Has Done
Molino man shoots at rattlesnake, hits himself
Dolphin conservation society offering reward in case where animal died after stabbed with screwdriver
The Plow. Two photos tell the tale of the evolution of farming.
How your money is being squandered: African village where every family gets £7,000 from the British taxpayer
David Cameron rules out EU referendum
World powers to push Russia on Syria solution
Our new shrinking Army needs politicians who can march in step
Schumacher could lose car if F1 boss corrupt
Iran warns its Strait of Hormuz ships will soon be armed with missiles
Rwanda’s leaders accused of aiding rebels led by war criminal in Congo
Blow to FBI as court rules Dotcom police raid illegal
UNSC publishes report on Iran arms trade with Syria
Fabulous Los Angeles Model Kourtney Reppert Menaced by Facebook Stalker
The woman, Los Angeles model Kourtney Reppert, wanted to keep the story under wraps, but local media figured out she was being stalked, and considering her hottness, the story went live.
"I'm going to stab you in the f*ckin' heart and cut your head off."
Click through for the full report.
Friday, 29 June 2012
Late Late News............
Border Patrol union blasts Homeland Security instructions to 'run away' and 'hide' from gunmen
Justice Department shields Holder from prosecution after contempt vote
Obama Campaign Celebrates Independence Day ... with Fundraiser in Paris
Taliban raid Nuristan district
Battalions with foreign bias face axe in Army cuts
Mexican election raises fears in Washington
Frontlines with LtCol Oliver North: Kurdistan Trailer
NRA Life of Duty Correspondents LtCol Oliver North and Chuck Holton report from the frontlines of Kurdistan, a region that is leading the charge for change in the Middle East. Tune in for the full report in the upcoming weeks.
H/T Alyssa
Fun Facts From Karen Alloy
I used to post Karen Alloy a lot, but I rolled back on her clips after she did a video about drinking her own breast milk. Thought that was pretty weird.
Anyway, I should probably post her stuff more often. She loves her breasts.
c
Cross-posted: "Karen Alloy Fun Facts."
Smokin' Georgia Salpa Dribbles Maple Syrup in Hot FHM Video
Well, actually, she dribble maples syrup all over her breasts at the video.
Pretty hot: "Georgia Salpa FHM Maple Syrup Video."
GIF caption contest: Katie Holmes and Tom Cruise are getting divorced because...(Video)...from Mike Haltman at TPC
An interesting look at the announced divorce of Katie Holmes and Tom Cruise through GIFS, a caption contest and a video clip from a famous South Park episode!
Watch the South Park clip and enter the Caption Contest at The Political Commentator here.
Director Michael Bay's Latest Supermodel Obsession: Bar Paly!
The dude's got good taste.
The video's from some time back, but she's hot:
I first found out about Paly here: "Transformers Director Michael Bay Steps Out With Smokin' Hot Mystery Woman."
Biderman’s Daily Edge: Why Does the Market Still Believe in Something for Nothing?..................from Rico
I very much enjoy BOTH Charles Biderman and Lewis Black.
This vidclip captures the essence of the latest (20th Summit) "we're saved" non-solution solution by the EUro technocrats [read: talkers, not doers].
- I forget how many times Greece was similarly 'saved' over the past few years but this latest 'walking in circles' solution strikes me as more of the same 'apparent' motion that is confused with actually getting anywhere!
Late News...........
About those Jews...
The Biggest Scandal In U.S. History by Ann Coulter
US exempts China from Iran sanctions
Fullbore Friday
A Modest Proposal
Horrific video shows Mexican drug cartel decapitating five members of rival gang
In 255-67 vote, House places Holder in contempt of Congress
Forbidden Drink: Why Alcoholism Is Soaring in Officially Booze-Free Iran
Syrian tanks 'amass on border' as Assad threatens opposition
A note re Obamacare, from a Bird Dog Pupette
USDA's new tactic to promote food stamps: Party!
Romney, RNC raise $4.6 million after SCOTUS decision
In surprise move, South Korea postpones military intelligence pact with Japan
Iran Braces For Full Force Of EU Oil Embargo
Roberts Too Clever By Half
Analysis: West struggles to understand Russia's Syria stance
ObamaCare Ruling: Pure Fraud and No Due Process
Obamacare: Seven New Taxes on Citizens Earning Less than $250,000
'Botched' Reporting
The Chief Justice Done Good
CARL WALTHER Announces Formation of U.S. Based Walther Arms, Inc
Floods leave up to 1.3m homeless in Assam
Did I just say broccoli?....................from Rico
Having just read Krauthammer's "take" on the SCOTUS ACA ruling, I observe that he truly "gets it" ...as he always does.
Did I just say I was going to have broccoli for lunch?
- Well, I actually DO like broccoli...but in the spirit of the day, there are a few OTHER things that will be on the table!
I'm celebrating, not surrendering!
- And the "progressives" will be eating crow after this.
Aerial Footage Of Fire Retardant Drops
Courtesy Video U.S. Northern Command
Aerial footage of fire retardant drops in an effort to aid in the fight against the Colorado wild fires.
Intel Briefing: Sometimes Those Who Know Do Say.................from Dan Friedman
[H/T: Truth Provider. This is an English translation of an interview given by Vice Premiere Moshe “Bogie” Ya’alon to Ari Shavit of the left-wing Israeli daily Haaretz. Ya’alon rolls over Shavit like a Merkava tank, but that’s far less important than the message Ya’alon emits to the world. df]
IDF chief of staff-turned-vice premier: 'We are not bluffing'
Moshe Ya'alon tells Ari Shavit he is preparing for war. He suggests you do the same.
Tax Barons..................from Rico
Justice Roberts is the best thing that has happened to SCOTUS in a long time.
- As Chief Justice, he played chess while the "progressives" played checkers. His thinking will be a positive force for the Republic for a century.
Why?
- He defanged (I've also read "gutted") Congressional overreach via the Commerce Clause and strengthened States Rights under the enumerated powers argument.
Genius!
- Well played, sir!
The "progressives" had both cheeks slapped resoundingly...but have so far been too stupidly smug to realize it. yet.
- When the facts of this ruling "sink in" the Harry Pelosi's and Nancy Reids of Congress will not be smiling. It'll be "fun" then to watch them hit the ctrl+alt+panic button!!
And, he makes a very good point:
- We elected these sociopathic morons, if we want to seriously change anything we have to un-elect them. This includes the current "no new taxes" Barry who ...read my lips...is revealed as the biggest liar and taxer in our history.
I think I'll have some broccoli for lunch.
- Because I CAN, not because I HAVE to!
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