Thursday, 23 May 2013

Confirming Matt Taibbi: The Conspiracy Theorists Were Right

'A few weeks ago Matt Taibbi said in a 14 page article in Rolling Stone said that the Conspiracy Theorists were right and that every market was rigged by the bankers. And that included interest rates. commodities, Credit Default Swaps and the gold and silver markets. This has been confirmed by the courts and the securities markets. BP and Shell are being investigated in Europe for rigging oil prices. If the CEO of a small company were arrested, the stock price would go down. But BP and Shell stock prices remain unchanged. JP Morgan, HSBC, Wells Fargo-Wachovia and Goldman Sachs have all had legal difficulties but walked away from the courts with no jail time and fines that were a miniscule fraction of the money involved.
This confirms that the courts, the regulatory system, the politicians and the media are fixed and it is not just the 2.2 trillion dollar petrochemical markets that are run by the banks. The oil company executives and the bankers know they are not going to jail.'
 

Obama Administration to Sign U.N. Arms Trade Treaty

'Just when we all thought the gun debate was dying down, the Obama administration has said it is now pursuing to sign the UN Arms treaty in the “near future”. On April 2nd, 2013, the UN general assembly voted 153-4 to proceed with the arms treaty, with the United States voting in favor of the bill.
So what exactly does the arms treaty do to us as Americans? It’s a complex ban, still in prototype but the main force of the bill is to regulate the international trade in conventional weapons.
The treaty is expected to be signed by the Obama administration by June 3rd, 2013.'