In response to:

Blame Barclays, Not Capitalism

PluckyMo Wrote: Jul 11, 2012 1:33 PM
...companies have no choice but to pay a higher price for goods, thus charging a higher price for their product. When the government grants a monopoly, individuals have no where else to go to obtain a product. When unions force companies to deal with large groups of people as if they were all identical automatons rather than individuals with individual skill sets, highly skilled people suffer for those who have not gained skills yet. ...(cont., one last time)

Why aren't more people furious about the Libor scandal?

That's a question mostly being asked on the political left these days, and they're right to ask it.

Here are the basics: Barclays is the second-largest bank in Britain and one of the largest in the world. It has admitted to U.S. and British regulators that it manipulated the London interbank offered rate, or Libor, which basically measures how much it costs banks to borrow money from one another for various periods of time. If you ever read the fine print on a home mortgage, credit card agreement or car loan, you've...