2012-07-19usawatchdog.com

``The Libor rate rigging scandal was all about keeping the financial system and the big banks from failing.  Forget prosecuting the perpetrators because Roberts says, "The minute those interest rates go up, the loss to people will just dwarf the interest rate loss."  Fraud is now part of the system that keeps it from crashing.  Roberts has a PhD and was responsible for economic policy at the Treasury.  He says, "We are probably headed for a crash anyway because I don't think they can maintain this forever."  Join Greg Hunter as he goes One-on-One with Paul Craig Roberts.''


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread