Submitted by David Livingstone on Thu, 08/01/2013 - 22:19
Despite the horrors associated with “Shariah,” those instances represent aberrations perpetrated by radical factions of the religion created specifically to malign the reputation of Islam. With the increase of her power through her colonial possessions, Britain sought to undermine the great power of the time, the Islamic empire of the Ottoman Turks. To pursue their infamous strategy of Divide and Conquer, by creating rivalries within the Empire, the British needed the opportunity to rewrite the laws of Islam in order to create competing interpretations.
Submitted by David Livingstone on Fri, 07/19/2013 - 12:21
Xaviant Haze has put together an interesting article, building on the excellent research of Dave McGowan on the mysterious world of Laurel Canyon, that connected the early folk rock music scene to Satanism and military intelligence. In particular, Haze makes mention of a strange 1983 B-movie called Wavelength, about a young couple who discover aliens being held by the US government for experimentation in an underground base in Laurel Canyon.
Submitted by David Livingstone on Tue, 07/16/2013 - 10:45
With the election of the Muslim Brotherhood in Egypt, many devout Muslims had been fooled into believing they had elected to power a movement devoted to their interests. However, the Brotherhood is a Western-created organization and part of an American strategy of fostering and exploiting the rise of Islamic fundamentalism to serve its imperial interests in the region.
Submitted by David Livingstone on Tue, 05/07/2013 - 10:03
Syria says Israel has effectively declared war after its planes bombed targets in Damascus, the second airstrikes in as many days. Egypt has condemned the Israeli airstrikes on Syria, with the Arab League also demanding action from the UN Security Council. For more on this RT speaks with Asia Times Online correspondent Pepe Escobar.
The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix.
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything.
You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that's trillion, with a "t") worth of financial instruments. When that sprawling con burst into public view last year, it was easily the biggest financial scandal in history – MIT professor Andrew Lo even said it "dwarfs by orders of magnitude any financial scam in the history of markets."
That was bad enough, but now Libor may have a twin brother. Word has leaked out that the London-based firm ICAP, the world's largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world's largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.
Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.
It should surprise no one that among the players implicated in this scheme to fix the prices of interest-rate swaps are the same megabanks – including Barclays, UBS, Bank of America, JPMorgan Chase and the Royal Bank of Scotland – that serve on the Libor panel that sets global interest rates. In fact, in recent years many of these banks have already paid multimillion-dollar settlements for anti-competitive manipulation of one form or another (in addition to Libor, some were caught up in an anti-competitive scheme, detailed in Rolling Stone last year, to rig municipal-debt service auctions). Though the jumble of financial acronyms sounds like gibberish to the layperson, the fact that there may now be price-fixing scandals involving both Libor and ISDAfix suggests a single, giant mushrooming conspiracy of collusion and price-fixing hovering under the ostensibly competitive veneer of Wall Street culture.