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The American Empire in a Changing World



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Wednesday, July 11, 2012

''Casino Capitalists Playing With Fire''

From Pat Buchanan Blog

''Comes now news from across the pond that executives at one of the world’s most respected , Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated.

For sports fans, this is like fixing the Super Bowl or doping a horse in the Derby. But it is rather more serious. For the London Interbank Offered Rate is the benchmark interest rate for trillions in loans around the world.''

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