[STARWISE]

Ah ha! When I saw Dodd in the clip, I mentally slapped him ..... yuck. Thank you.

~~~

Managing Director of the IMF, Dominique Strauss-Kahn appears on Charlie Rose on February 13th 2009 to talk about the banking industry’s plan for a new global central bank and monetary system with the accompanying regulatory structures.

http://www.charlierose.com/view/interview/10081

I fear the world, as we know it now, is going to vanish. God help us.

[SE Mom]

What I find so alarming is how easily this is happening ..our freedom is vanishing before our eyes.

[FromLori]

Me too and yes it is that was the plan all along.

http://www.newswithviews.com/Cuddy/dennis148.htm

[BP2]

I use the LIBOR as the standard to tell me what's going on in the global market:

To me, the 6-MONTH RANGE looks relatively stable. Money is still being lent to the banks and at a consistent interest rate, although I know large institutional borrowers are getting a body cavity search from the underwriters.

When the LIBOR goes up, like it did in early October, THAT'S when the BIG lenders that have been around for CENTURIES think that the risk is too high to loan money to the banks and for commercial investments and the set a higher lending rate. Now that the prime lending rate is near ZERO in the US and the UK, the LIBOR is obviously affected.

There IS also a tipping point, especially when the money ISN'T flowing that even the LIBOR will drop lower because they can't find enough large institutions to loan money to (supply and demand).

For now though, the LIBOR seems stable, when looking at the 6-MONTH RANGE. But if the large dominoes start to fall, watch the LIBOR rise sharply.

NOW, ALL OF THAT SAID... NOTE THE ONE-MONTH LIBOR RANGE (just after Inauguration Day):