Your newsreel report for Monday, July 16th.

In the context of the growing wave of calls for Glass-Steagall on the both sides of the Atlantic, Kesha Rogers (Congressional Candidate for TX-22) delivered the following message at an NAACP Annual Convention in Houston.

Overview for the day.

As Mr. LaRouche develops in his recent paper The End of an Imperial System, the LIBOR rigging is criminality of the highest degree. Not a criminality on a technicality, that the rules weren’t followed correctly. Remember: Adolf Hitler wrote new rules of law.

As this system collapses it's becoming clear that the Libor scandal isn't a scandal at all, but a funeral for a dead system. Today's report highlights the recent findings of Timothy Geithner's alleged involvement in the Libor development.

Today's overview highlights the recent findings of Timothy Geithner's role in the Libor Scandal, and what this means for Obama's presidency.