The doom of the LIBOR Rate:
THE END OF AN IMPERIAL SYSTEM
By Lyndon H. LaRouche, Jr.
Thursday, July 12, 2012
A one-time, virtual British puppet, France’s late President Mitterrand, played a crucial role in destroying the economy of more than western and central Europe from a certain date, through, in effect, the present time. The evidence continues to turn up. The original decision was made when Mitterrand, expressing a certain likeness to the intentions of Napoleon III, implicitly threatened all-out war against Germany, should Germany not submit to the status of becoming a puppet of what would become known as a “Euro” system under British supervision. The change which came to western and central continental Europe, occurred at a moment when the Soviet Union had entered a state of its collapse, during which what had been once East Germany was about to be unified with what was then “West Germany.” France’s President Mitterrand virtually threatened warfare against Germany, lest a free Germany being reunited.
The condition for peace set by Mitterrand, Britain’s Margaret Thatcher, and U.S. President George H. W. Bush, was the elimination of Germany’s sovereignty under what was thence to be know as “The Euro System:” the end of the sovereignty of the respective nations of continental western Europe. The present threat of the disintegration of Western and Central continental Europe, and the British Isles, had actually begun in those moments.
Now, suddenly, the direction of events is changing again, at the present moment, for the very much worse. An insightful, important current in the leadership of Britain, has proposed that Britain join together with the United States in a new orientation of the trans-Atlantic region—and, clearly, much more besides. It was almost inevitable that many would react to this news, as some of my own associates had done—temporarily, of course. Nonetheless, the general breakdown-crisis, as a spawn of Gramm-Leach-Bliley, the trans-Atlantic fraud which is termed “The Libor rate,” has lately been caught out by both the United States, and Britain itself, and by the tail at this moment. There are many uncertainties afoot at the moment; but, whatever happens, the present form of trans-Atlantic financial machinations, is at its present, actually mass murderous, and utterly very dirty end. All this was set into motion in about 2001: following the decadence introduced as the U.S. Gramm-Leach-Bliley hoax of November 12, 1999, the swindle which set the great trans-Atlantic Libor hoax into motion for its effort to destroy, among others, the United States of America.
...
Read More
===================================================================
Establishment Calls For Glass-Steagall
Overview • By Jeffrey Steinberg
A Powerful British Faction has Aligned with LaRouche Concerning Glass-SteagallIt is almost impossible to overstate the strategic significance of the fact that an important group within the top echelons of the British Establishment have come to the conclusion that Glass-Steagall is the only survival option open to them. The July 3 Financial Times editorial endorsement of Glass-Steagall has been followed, over the past 48 hours, by a series of further endorsements by leading figures, from Peter Hambro, of the old British merchant banking family; to Lord Myners, former Financial Services Secretary in the Gordon Brown government and a Rothschild-sponsored banker; to Terry Smith, a leading City banker who had called for a return to Glass-Steagall at the time of the September 2008 Lehman Brothers and AIG blowout. In Italy, the newspaper of record, Corriere della Sera, came out Friday with a big push for Glass-Steagall by leading financial correspondent Massimo Mucchetti, who is known to have, in the past, been close to Romano Prodi and the De Benedetti interests.
Read More...
http://larouchepac.com/package/libor?utm_source=ElectionMall%20Technologies%20Inc.&utm_medium=email&utm_campaign=LIBOR%3ANotaScandal.AFuneral
