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Lodestar

(2,388 posts)
3. One huge, pervasive GLOBAL Ponzy scheme....this is where the real front line of the war should be.
Wed Feb 12, 2014, 04:17 AM
Feb 2014

And these are the terrorists.

"After scandals involving libor and, perhaps, ISDAfix, the question that should have everyone freaked out is this: What other markets out there carry the same potential for manipulation? The answer to that question is far from reassuring, because the potential is almost everywhere. From gold to gas to swaps to interest rates, prices all over the world are dependent upon little private cabals of cigar-chomping insiders we're forced to trust."

I suppose if there is any hopeful spin to be gleaned from this horrific tale relative to taking down this enormously powerful cabal is that they are, in the end, just a handful of fat cats calling the shots with a vast army of yes men more than happy to enrich themselves at the expense of the rest of humanity. The Wizard is vulnerable once the curtain is stripped away.
I have the feeling all those banker "suicides" are connected to this somehow.

Also, as the article says, the price of all commodities are open to manipulation. For instance, during the big freeze this winter the price of propane soared to triple the price. We are being told it was a perfect storm of circumstances that led to the hike. The thing is, can you trust that? There is no regulation whatsoever....

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