by Jeff Nielson, SilverGoldBull:
While this news item out of Iran is technically not a “bullion story”, bank-fraud most definitely is related to why we own bullion, with the latest and most notable example of bank-fraud being the unimaginably huge $350 trillion LIBOR-rigging fraud by the Western banking cabal. With that in mind, let’s note a few facts – and (shall we say) “inconsistencies”?
1) The death sentences in Iran concerned bank-fraud which totaled $2.6 billion in size, or less than 1/100,000th the total size of the LIBOR-fraud.
2) Western governments and their pretend-regulators have demonstrated total unwillingness to do anything to even slow down Western bank fraud – let alone put a halt to it. Indeed the banksters are now proclaiming their fraud to be “too big to fail.”
3) The United States alone among (supposedly) civilized nations continues to engage in “capital punishment”; and has no qualms about executing poor, non-white males in large numbers.
With the addition of those facts, I offer the following open question to readers: how many “death sentences” would the U.S. government need to hand-out for Wall Street fraud, before these banksters decided that crime was no longer a way of life…?