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Iceland does it again, the right way!
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mark-in-dallas
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Post: #1
Iceland does it again, the right way!
04-14-2012 10:45 AM

If the rest of the world's governments have any sense at all, they will be watching Iceland very closely, as they seem to be the only country that has enough intelligence to take back their country, economy and set themselves on the right track!

If the sheeple of the world have an ounce of intelligence, they'll do what Icelanders did: grow some balls and stand up for themselves against government and banking corruption.

If the banking monopolies have any fucking sense at all, they'll follow Icelands lead, before the people rise up and force their governments to do it for them and find themselves facing criminal sentences, as they deserve!

Granted, things aren't quite as bad as they were 4 years ago, but they are not on the way to recovery. Instead, most governments have just tried to patch the leaks and keep the bubble from really bursting.

Iceland is the only country that poked the needle through the bubble and said FUCK YOU to the bankers that helped inflate it.

OK, so what the hell am I rambling on about? From Bloomberg:

Quote:
Icelandic Anger Brings Debt Forgiveness in Best Recovery Story

Feb. 20 (Bloomberg) -- Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the country’s economic and financial collapse are reaping the benefits of their anger.

Since the end of 2008, the island’s banks have forgiven loans equivalent to 13 percent of gross domestic product, easing the debt burdens of more than a quarter of the population, according to a report published this month by the Icelandic Financial Services Association.

“You could safely say that Iceland holds the world record in household debt relief,” said Lars Christensen, chief emerging markets economist at Danske Bank A/S in Copenhagen. “Iceland followed the textbook example of what is required in a crisis. Any economist would agree with that.”

The island’s steps to resurrect itself since 2008, when its banks defaulted on $85 billion, are proving effective. Iceland’s economy will this year outgrow the euro area and the developed world on average, the Organization for Economic Cooperation and Development estimates. It costs about the same to insure against an Icelandic default as it does to guard against a credit event in Belgium. Most polls now show Icelanders don’t want to join the European Union, where the debt crisis is in its third year.

The island’s households were helped by an agreement between the government and the banks, which are still partly controlled by the state, to forgive debt exceeding 110 percent of home values. On top of that, a Supreme Court ruling in June 2010 found loans indexed to foreign currencies were illegal, meaning households no longer need to cover krona losses.

Full Article

And a video that I think is in Portugeuse, with english subtitles

<a href="http://www.youtube.com/v/uyxzg58JkYI&amp;rel=0&amp;fs=1" target="_blank" style="background:url(images/midnight/jump.gif) no-repeat right bottom;padding-right:13px;">http://www.youtube.com/v/uyxzg58JkYI&amp;rel=0&amp;fs=1</a>
[/size]

Nobody changes until the pain of staying the same becomes greater than the pain of change....

A guilty conscience can be more cruel a judge than any court of law. In the end its not how many toys we had, and all that we ever were are the impressions we left on those we leave behind, so live your life as you'd want to be remembered when you're gone!
04-14-2012 10:45 AM
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Post: #2
RE: Iceland does it again, the right way!
04-14-2012 3:44 PM

I was aware of this Iceland peaceful "revolution", but the shame is that this information has been completely boycotted by all the mainstream medias.

In 2008, all the medias in Europe were talking about Iceland's "bankrupcy", in order to scare people and show them how important it is for a country to pay its debts to the banksters...Then, after the icelanders refused to bend over and be enslaved for decades, no media (TV, newspaper...) has since ever talked about them and their "revolution". No one ! You will have to search on Internet to find some independant sites that may talk about it. The information of the press agencies about Iceland has not published in the newspapers...

On the other side, the Greeks that have adopted drastic austerity measures (imagine if in US the federal minimum wage drops from $ 7.25 per hour to $5.50, 450000 govt workers loose their jobs and health benefits, the eligible age for SS raises to 70, and so on...) are shown by the medias as the "good student" that is doing what is necessary to pay the debts to the banks....with the help of European funds !

What a joke when you know that Greece has been helped to mask its debt in order to enter the Euro Zone by Goldman Sachs !
http://www.thebureauinvestigates.com/201...eces-debt/

So, Goldman manipulated the debt just to make Greece join the Euro so they will be sure the country will still be paying them the interests for decades, since other European countries will be involved....Scammers !

Wish a long and prosperous FREE life to the Icelanders.
(This post was last modified: 04-14-2012 3:51 PM by NewAlpha.)
04-14-2012 3:44 PM
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mark-in-dallas
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Post: #3
RE: Iceland does it again, the right way!
04-14-2012 5:18 PM

The media corporations are in bed with bankers and governments! There have been many stories and newsworthy events that never get any attention whatsoever, while other non-newsworthy events get blown out of proportion.

The media companies, governments and bankers do not want intelligent, informed societies, they want ignorant SHEEPLE! They do not want citizens to band together and unite, they want racial, economic and societal division.

a nation divided is a nation conquered, a nation united is a threat!

Now go back to your sitcomms and soap operas, and make sure to watch the evening news. Sarcastic

Nobody changes until the pain of staying the same becomes greater than the pain of change....

A guilty conscience can be more cruel a judge than any court of law. In the end its not how many toys we had, and all that we ever were are the impressions we left on those we leave behind, so live your life as you'd want to be remembered when you're gone!
04-14-2012 5:18 PM
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mark-in-dallas
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Post: #4
RE: Iceland does it again, the right way!
05-14-2012 8:54 AM

(04-14-2012 3:44 PM)NewAlpha Wrote:  On the other side, the Greeks that have adopted drastic austerity measures (imagine if in US the federal minimum wage drops from $ 7.25 per hour to $5.50, 450000 govt workers loose their jobs and health benefits, the eligible age for SS raises to 70, and so on...) are shown by the medias as the "good student" that is doing what is necessary to pay the debts to the banks....with the help of European funds !

What a joke when you know that Greece has been helped to mask its debt in order to enter the Euro Zone by Goldman Sachs !
http://www.thebureauinvestigates.com/201...eces-debt/

So, Goldman manipulated the debt just to make Greece join the Euro so they will be sure the country will still be paying them the interests for decades, since other European countries will be involved....Scammers !

Wish a long and prosperous FREE life to the Icelanders.

And now it's coming back to bite them in the ass too! In last weeks elections in Greece the citizens let the government, EU and bansksters know exactly how they felt about what they did to their economy when they swung the governing party away from the socialists and toward the left wing party, and now have no clear winning party.

Funny thing is good old Obama is calling for Alexis Tsipras (the leader of the left wing party) not to end austerity measures until after the Novemeber election because he fears of a negative impact on the economy.

He's not asking that they abondon ending austerity and withdrawel from the EU altogether, just they they postpone it until after the election.

Nobody changes until the pain of staying the same becomes greater than the pain of change....

A guilty conscience can be more cruel a judge than any court of law. In the end its not how many toys we had, and all that we ever were are the impressions we left on those we leave behind, so live your life as you'd want to be remembered when you're gone!
05-14-2012 8:54 AM
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