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ESM, OMT: Deutsches Verfassungsgericht vor historischer Entscheidung
ESM, OMT: German Constitutional Court Face Historic Decision on Democracy
NSA-Skandal: überparteiliche Initiativen gegen den Polizeistaat in den USA
NSA Spying on Americans is “Intolerable”, Bipartisan Action Takes off to Stop It
Bipartisan Action to Stop Obama's Police State Drive
Many More Revelations on Obama Administration Abuse of Power Expected
“National Security”, a Catch-All for President Obama's Expanding Police State
Obama nimmt „nationale Sicherheit“ als “Totschlagargument” für die Aufhebung der Bürgerrechte
The Case of Spain's Bankia, or How EU Savers Are to Be Despoiled
Rotstiftpolitiker und Umweltschützer machen Deutschland zum Flutopfer
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LIBOR-Gate: UBS, Barclays Reach Immunity Deals in Exchange for Cooperation
According to New York Post reporter Charles Gasparino, the Swiss UBS and the US Justice Department have struck a deal for “immunity from prosecution in exchange for its help in the probe” of the interest rate rigging by the megabanks. Note that Robert Wolf, President of UBS Investment Bank, is one of Barack Obama's largest financial backers, as well as being a regular golfing buddy. In 2009, Obama appointed Wolf to his Presidential Economic Recovery Advisory Board. Shortly afterward, UBS admitted to conspiring to defraud the IRS and agreed to pay $780 million to halt an investigation into the bank's activities.
As for Barclays, Gasparino writes, it has “its own immunity deal in exchange for cooperating with US and UK authorities.” Authorities apparently told the management that the firm, although not necessarily individual bankers, “can avoid criminal criminal charges... if they help finger others.” While it has now been revealed that the New York Federal Reserve was aware of Barclays' role in rigging the interbank offered interest rates, on different currencies, as early as 2007, the Fed nevertheless gave the bank nearly one trillion dollars in publicly-backed loans. As Richard Eskow of Campaign for America's Future points out, “we know that Barclays was the fifth largest recipient of emergency loans. Bailout loans for Barclays came to $868 billion,” between December of 2007 and July 2010. “That means that Barclays probably made billions off the reduced interest rate alone, courtesy of the American people.”
In fact, the Obama Administration has had a consistent policy of protecting Wall Street giants, as more and more Americans are beginning to realize.
Meanwhile, across the United States, states, cities, and municipalities are checking how much money they have lost because of the fixing of the LIBOR. That rate serves to determine lending rates for trillions of dollars of credit, from loans between financial institutions, to credit cards, adjustable-rate mortgages, and the interest-rate "swaps" which have bankrupted so many cities, as interest rates went down. The U.S. Commodities Futures Trading Corporation estimated that the LIBOR is tied to more than $500 trillion in loans, swaps and futures contracts.
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ESM, OMT: Deutsches Verfassungsgericht vor historischer Entscheidung
Am 11. und 12.6. veranstaltete das Bundesverfassungsgericht in Karlsruhe öffentliche Anhörungen zur Verfassungskonformität des Europäischen Stabilitätsmechanismus (ESM) und der sog. „endgültigen Käufe... [weiter]
ESM, OMT: German Constitutional Court Face Historic Decision on Democracy
The Constitutional Court in Karlsruhe, Gemany, held two days of public hearings, June 11-12, on the constitutionality of the European Stabilization Mechanism (ESM), and the “Outright Monetary Transact... [weiter]
NSA-Skandal: überparteiliche Initiativen gegen den Polizeistaat in den USA
Während nach und nach bekannt wird, daß die Bespitzelung der US-Bürger durch den Geheimdienst National Security Agency (NSA) viel umfassender ist, als dessen Verteidiger behaupten, bildet sich ein übe... [weiter]
NSA Spying on Americans is “Intolerable”, Bipartisan Action Takes off to Stop It
As more evidence surfaces that the spying on Americans by the National Security Agency is much more pervasive than its proponents admit, a bipartisan coalition is emerging to demand that the new “secu... [weiter]
Bipartisan Action to Stop Obama's Police State Drive
Since the revelations came out on the mind-boggling spying operation of the National Security Agency (NSA), carried out with President Obama's approval or at his instigation, a number of bipartisan in... [weiter]
Many More Revelations on Obama Administration Abuse of Power Expected
Former NSA contractor Edward Snowden, currently in Hong Kong, has told the media that he has much more to tell about the secret surveillance programs of which he was a part (cf. [weiter]
“National Security”, a Catch-All for President Obama's Expanding Police State
As new spying scandals were revealed one after the other, and one more serious than the other, concern has grown among Democrats that President Obama has gone far beyond his predecessor, George W. Bus... [weiter]
Obama nimmt „nationale Sicherheit“ als “Totschlagargument” für die Aufhebung der Bürgerrechte
Während fast schon täglich ein neuer „Skandal“ der US-Regierung ans Licht kommt, wächst die Sorge in der Demokratischen Partei, daß Präsident Obama bei der Mißachtung der Verfassungsrechte der Amerika... [weiter]
The Case of Spain's Bankia, or How EU Savers Are to Be Despoiled
On May 28, some 200,000 individuals who had once been small savers in Spain's bankrupt Bankia bank, were violently despoiled of what little remained of their original savings. New shares in the nation... [weiter]
Rotstiftpolitiker und Umweltschützer machen Deutschland zum Flutopfer
Die östlichen und südlichen Gebiete Deutschlands, wie auch große Teile Österreichs, Tschechiens, der Slowakei und Ungarns wurden Opfer der „großen Flut 2013“. In vielen Regionen deutscher Bundesländer... [weiter]
Cheminade: BIS Prepares Bail-in, Like in the 1930s
Former French Presidential candidate Jacques Cheminade wrote the following editorial June 12, headlined “Blind men”.
Our country's political leaders remind me of the blind men in rags pai...
[weiter]
Susan Rice and Samantha Power: Obama Names Two Blair-Soros Groupies to Deal a Blow to National Sovereignty and Peace
Demonstrating once again his unfitness to serve as President of the United States, Barack Obama announced on June 5, that he was appointing Susan Rice to replace Tom Donilon as National Security Advis... [weiter]
New Report on “Foreign Fighters” in Syria that France, Great Britain and Obama Are Intent on Arming
A very nasty disinformation operation conducted late May very nearly brought the crisis in Syria to a point of general war. Indeed, news reports that went out internationally claimed that President Ba... [weiter]
Syrien bleibt ein möglicher Auslöser eines Weltkriegs
Zwei Entwicklungen der letzten Woche unterstreichen erneut die akute Gefahr, daß die Krise in Syrien sich zu einem großen Krieg ausweitet – und sei es nur aus Fehlkalkulation.
Erstens gab es ein...
[weiter]
Europeans Speak out for Glass-Steagall Style Bank Separation
An important breakthrough on the bank separation front occurred in the United States on May 29, when a resolution was introduced in the parliament of New York State, calling on the House of Representa... [weiter]
Merkel Tangos with Hollande to the Tune of “Bail-in”
What happened to Spanish depositors on May 28 is a foretaste of the fate that awaits all Europeans. On that day, depositors in Bankia lost billions of euros when the shares which they had been given i... [weiter]
Bankenunion: Europaparlament weicht sogar Schutz für Sparer auf
Was spanische Sparer am 28.5. erleben mußten, ist ein Vorgeschmack auf das Schicksal, das alle Europäer erwartet. Einleger des Bankhauses Bankia verloren Milliarden, als die Bankia-Aktien, gegen die s... [weiter]
Bail-in: Grass Roots Mobilization in U.S. to Stop Treasonous Dodd-Frank Bill
The LaRouche Political Action Committee (LPAC) has significantly escalated its campaign for reinstituting the original Glass-Steagall Act of 1933, with the release of a devastating new exposé of the D... [weiter]
Schiller Institute Conference Featured in Russian Weekly Zavtra
The latest issue of the Russian weekly newspaper Zavtra runs a full-page article, beginning on the front page, on the April 13-14 conference of the Schiller Institute, held in Flörsheim, German... [weiter]
African Union Leaders Stands up to Colonialist International Criminal Court
At their summit on May 27 in Addis Abeba, African Union Heads of State adopted a resolution by consensus demanding that the ongoing legal proceedings at the International Criminal Court against Kenyan... [weiter]
Eine Studie der amerikanischen RAND Corporation besagt, falls der Iran Kernwaffen besäße, sei dies keine unmittelbare Bedrohung
Eine Studie der US-amerikanischen Denkfabrik RAND Corporation mit dem Titel Der Iran nach der Bombe kommt zu dem Schluß, daß „Kernwaffen kaum die grundlegenden Interessen und Strategien des Ira... [weiter]