Posted 1 year ago on July 13, 2012, noon EST by jk1234
This content is user submitted and not an official statement
What sort of protest might reignite the masses demonstrated earlier in OWS and get back to the message of Occupy WALLSTREET literally: Libor (or Liebor) If you look at this link, you will see that everyone holding a mortgage for at least 100k has payed an extra 100 dollars per month for years. This adds up to about 5000 dollars being illegally taken from those families, or about 120 billion a year in the US, which may total about a half a trillion. http://market-ticker.org/akcs-www?post=208502
Another 40 billion lost in your local municipality/transit authority. And for the hundreds of billions of dollars stolen from the public, the bonus generated to the 16 largest banks is about 300 million. So, banks and regulators are okay with a bonus of 1 dollar for every 1000 dollars they squeeze illegally from the public: http://www.nakedcapitalism.com/2012/07/so-how-much-did-the-banksters-make-on-libor-related-ill-gotten-gains.html
Furthermore, the political system allows the fraud to continue: http://market-ticker.org/akcs-www?post=208243
Why not protest the banks to return the money directly to the mortgage holder and to the municipality? "Lie-bor: Return Our Money" "stop the looting and start prosecuting" and other banners to display at the banks and political offices. This would at least get the public aware of exactly how the Liebor scandal affects them directly, and sheds light on the fraud being allowed in TBTF banks and political regulatory agencies.