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WASHINGTON (AP) — Treasury Secretary Timothy Geithner said Wednesday that he acted quickly and appropriately to deal with problems in a key global interest rate once he realized the rate-setting process was flawed. Geithner, who was then head of the Federal Reserve Bank of New York, said during an interview with CNBC that he sent a memo in 2008 to British banking authorities outlining his concerns about possible manipulation of the London interbank offered rate (Libor). He also said he alerted U.S. regulators.

A major for Wall Street has been that this whole scandal over rigging LIBOR (a common index of bank borrowing costs that's used to price hundreds of trillions of derivatives), would be seen by regulators and prosecutors as a chance for a "do-over". And that seems to be happening. Ben Protess and Mark Scott at the New York Times report: The department’s criminal division is building cases against several financial institutions and their employees, including traders at Barclays, the British bank, according to government officials close to the case who spoke on the condition of anonymity because the investigation is...

My mom out in California is elated -- gasoline prices in her neighborhood are below $4 a gallon for the first time in four months. Less so are the world's petro-rulers, who are watching the price of oil -- their life blood -- plunge at a rate they have not experienced since the dreaded year 2008. Industry analysts are using phrases such as "devastation" and "severe strain" to describe what is next for the petro-states should prices plummet as low as some fear. No one is as yet forecasting a fresh round of Arab Spring-like regime implosions. But that's the...

Language Warning (This video contains brief distasteful language describing a reprehensible candidate): What is more despicable, the infidelity of the adulterer or the harlot with whom it was committed? When I look at Mitt Romney, the repulsive feeling I get is too strong to ignore. It is also a constant reminder of the betrayal by Fox News with their fraudulent coverage. The answer to the question I posed is becoming ever more clear. Neither. Both choices are despicable and I will chose neither. 24 years of this idiocy is enough. (video)

Adam Curtis' acclaimed series examines the rise of the all-consuming self against the backdrop of the Freud dynasty. This series is a MUST SEE for all those who want to know the truth about the use of subliminal manipulation of the subconscious to induce the "buying of products" - be they consumer goods, policies, or politicians. ,,,and ultimately the creation of "false flag" operations to induce the "nightmares" [nexuses of evil, terrorism, etc.] needed to maintain the allegience to these "products" that only a common enemy can achieve... "The enemy of my enemy is my friend." Creator, Adam Curtis, has...

Adam Curtis' acclaimed series examines the rise of the all-consuming self against the backdrop of the Freud dynasty. This series is a MUST SEE for all those who want to know the truth about the use of subliminal manipulation of the subconscious to induce the "buying of products" - be they consumer goods, policies, or politicians. ,,,and ultimately the creation of "false flag" operations to induce the "nightmares" [nexuses of evil, terrorism, etc.] needed to maintain the allegience to these "products" that only a common enemy can achieve... "The enemy of my enemy is my friend." Creator, Adam Curtis, has...

Adam Curtis' acclaimed series examines the rise of the all-consuming self against the backdrop of the Freud dynasty. This series is a MUST SEE for all those who want to know the truth about the use of subliminal manipulation of the subconscious to induce the "buying of products" - be they consumer goods, policies, or politicians. ,,,and ultimately the creation of "false flag" operations to induce the "nightmares" [nexuses of evil, terrorism, etc.] needed to maintain the allegience to these "products" that only a common enemy can achieve... "The enemy of my enemy is my friend." Creator, Adam Curtis, has...

Adam Curtis' acclaimed series examines the rise of the all-consuming self against the backdrop of the Freud dynasty. This series is a MUST SEE for all those who want to know the truth about the use of subliminal manipulation of the subconscious to induce the "buying of products" - be they consumer goods, policies, or politicians. ,,,and ultimately the creation of "false flag" operations to induce the "nightmares" [nexuses of evil, terrorism, etc.] needed to maintain the allegience to these "products" that only a common enemy can achieve... "The enemy of my enemy is my friend.". Creator, Adam Curtis, has...

...we are seeing citizens being invited to “participate” in various forms of meetings...to “help determine” public policy in one field or another. They are supposedly being included to get ”input” from the public ... in one of these meetings... ...you will find that there is already someone designated to lead or “facilitate” the meeting. ... Actually, he or she is there for exactly the opposite reason: to see that the conclusions reached during the meeting are in accord with a plan already decided upon by those who called the meeting. The process used to “facilitate” the meeting is called the...

California's congressional Democrats ran a secret effort earlier this year to manipulate the work of the independent citizen's panel that drew the state's new political districts, foiling the intent of reformers who sought to remove the redistricting process from the control of party bosses. Democrats met behind closed doors at the party's Washington, D.C. headquarters, hired consultants, drew their ideal districts and presented maps to the panel through proxies who never disclosed their party ties or "public interest" groups created specifically for the purpose. In many cases, the panel responded by doing just what the Democrats wanted. The New York-based...

Sharyl Attkisson of CBS News has posted a bombshell article detailing how the Obama administration has greatly increased gun sales to the Mexican military. But further investigation into Attkisson’s discovery points toward the padding of a gun-control statistic — one frequently mentioned by the Obama administration — as the motive behind the increased sales. Writes Attkisson: One weapon — an AR-15-type semi-automatic rifle — tells the story. In 2006, this same kind of rifle — tracked by serial number — is legally sold by a U.S. manufacturer to the Mexican military. Three years later — it’s found in a criminal...

The Truth About The Falling Unemployment Mirage In 3 Charts Mike "Mish" Shedlock Global Economic Trend Analysis Dec. 2, 2011, 6:14 PM In Unemployment Rate Dips to 8.6% as 487,000 Drop Out of Labor Force I presented some quick facts on the drop in the unemployment rate. In the last year, the civilian population rose by 1,726,000. Yet the labor force fell by 67,000. Those not in the labor force rose by 1,793,000. In November, those "Not in Labor Force" rose by a whopping 487,000. If you are not in the labor force, you are not counted as unemployed. Were...

Is MSNBC merely a lost leader for the National Debocrat Party? If the Debtocrats stopped their financial support, could the leading talking heads at MSNBC find another anchor job? At a time when jobs, jobs, jobs, are so important, important, important, one needs to fear, fear, fear! Consider Chrissy "Shout-down-all-of-your-guests-who-disagree-with-you" Matthews. Not a lot of hope for a change in him. Maybe as a reporter on labor activities? Hope, and Change, Hope and Change, Hope and Change has just GOT to work someday - - - ? And then there is the gal infected, (terminally, I'm told), with the horrifying...

US Senate to take up China currency bill Posted: 02 October 2011 0958 hrs WASHINGTON: The US Senate this week takes up a bill to punish China for its alleged currency manipulation, a measure that has divided the Republican presidential field and put the White House in a bind. The legislation -- backed by Democrats and Republicans in the polarized Congress, but opposed by Beijing and potent US business groups -- faces a key procedural vote set for 5:30 pm (2130 GMT) Monday. Democratic Senator Chuck Schumer, a key author of the measure, predicted the bill would clear that hurdle...

Post stocks which didn't fall dramatically today.... if we were REALLY having a market crash, everything across the board would fall. Example... Auto Zone Inc. (AZO) -- only went down about $6 per share from $322...not much of a crash there...regular fluctuations. Must be hundreds of others just like it. The markets are nothing but pure manipulation.

Manipulation And Short-Term Instability Of The Gold Market Commodities / Gold and Silver 2011 Sep 07, 2011 - 02:52 PM By: Bob Chapman August was sure a barnburner and we believe that was a prelude for an even wilder September. How often do you see gold fall $200.00 in 3 days and recover $187 in 6 days? In our 53 years of involvement in this sector we have never seen anything like this. This shows you what government manipulation is all about. Get used to it, this is what living in a corporatist fascist society is all about. July saw...

This Video is a must see expose.

Continuing a pattern of punishing unsupportive media that began during the 2008 campaign, the Obama Administration recently banned a Boston Herald reporter from the media pool covering a presidential visit as apparent retaliation for running an op-ed by Mitt Romney. The explanation by the White House Press Office's Matt Lehrich only served to make the administration sound more petty and dictatorial. He wrote to the Herald, "My point about the op-ed was not that you ran it but that it was the full front page..." This follows a string of similar incidents in recent days -- the banning of a...

What Google And Facebook Are Hiding... from me and from you. And it is different for each of us. When can "customization," unbeknownst to the customer, become problematic? And that's putting it nicely. I think this is worth watching. Please watch it. Less than 10 minutes.

KTVU Health and Science Editor John Fowler takes an in depth look at the growing trend in meteorological manipulation.