Forum Post: Judge Rules Banks not culpable for LIBOR fraud if they defrauded all of main street equally.
Posted 11 years ago on April 3, 2013, 5:15 p.m. EST by DebtNEUTRALITYpetition
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This is a shocking development when it comes to making peaceful change by using the courts to combat banking fraud.
http://swarmthebanks.blogspot.com/2013/04/judge-rules-in-favor-of-libor-fraud.html
Hat tip to Builder for sharing the original story link on another topic.
Screw the people is what the courts say. This is very important. Thank you for posting. It is the whole crux of why we occupied Wall Street in the first place.
Also see:
http://www.huffingtonpost.com/2013/04/01/banks-libor-lawsuits-dismissed_n_2994198.html
Publicizing this travesty is a good start.
But, ultimately, we can rant and rave about the banksters -
taking full advantage of the laws and the system.
OR
we can do something about it.
to change the system,
we need to change the law to make sure the 1% are properly restrained
to change the law,
we must elect pro-99% politicians who will be responsive to the people - not the corporations
to elect pro-99% politicians,
we must VOTE for electable candidates without an (R)
Lynch the judge.
Sorry to say - but that very well may happen - before some judges start living up to their jobs.
Politicians too.
And "THEY" will have no one to blame - But Themselves.
Åt some point, if judges actually see angry people showing up for court hearings, it might give them cause to consider their options, behind closed door threats by the money people who probably have something on them, or the public knowing who they are and that they the judge just screwed them over and trivialized their existence in the process.
Right now the judges aren't feeling enough heat from the public over banking issues.
As long as everyone is equally screwed over, the judge says its not a violation of the law, even though another party PROFITED from that action.
Protest of judgements must be made to the judges overseeing the case - in cases where there is wrong doing by the court - such as non-prosecution of Banksters/White-collar-criminals. Civil/State/Federal charges felony and non-felony criminal prosecution &/or civil suit.
I recall years ago when Jerry Brown was the California Attorneys General that his department was more interested in defending state officials than protecting consumers.
So there appears to be a bias against main street being instigated by those receiving tax payer money.
The measure should be ( Should Be ) the good/health/prosperity of ALL - Not the good of the rare few.