From Harvey's Site: Iceland is Free of Evil Bankers

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Jake
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From Harvey's Site: Iceland is Free of Evil Bankers

HARVEY ORGAN: http://harveyorgan.blogspot.com/2011/06/greece-passes-first-votetomorrow-is.html

THIS IS WHAT WE NEED TO DO:

Iceland Declares Independence from International Banks By Bill Wilson
Iceland is free.  And it will remain so, so long as her people wish to remain autonomous of the foreign domination of her would-be masters — in this case, international bankers.
On April 9, the fiercely independent people of island-nation defeated a referendum that would have bailed out the UK and the Netherlands who had covered the deposits of British and Dutch investors who had lost funds in Icesave bank in 2008.
At the time of the bank’s failure, Iceland refused to cover the losses.  But the UK and Netherlands nonetheless have demanded that Iceland repay them for the “loan” as a condition for admission into the European Union.
In response, the Icelandic people have told Europe to go pound sand. The final vote was 103,207 to 69,462, or 58.9 percent to 39.7 percent.   “Taxpayers should not be responsible for paying the debts of a private institution,” said Sigriur Andersen, a spokeswoman for the Advice group that opposed the bailout.
A similar referendum in 2009 on the issue, although with harsher terms, found 93.2 percent of the Icelandic electorate rejecting a proposal to guarantee the deposits of foreign investors who had funds in the Icelandic bank. The referendum was invoked when President Olafur Ragnur Grimmson vetoed legislation the Althingi, Iceland’s parliament, had passed to pay back the British and Dutch.
Edited by admin on 11/08/2014 - 06:06

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pourty
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We need more Icelandic immigrants in the US!!!

That is pure awesome!

WillieJackBrownLee
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Balls. Pure, f*cking balls.

Balls. Pure, f*cking balls.

Know More
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Not Only ...

Not only did "the Icelandic people (tell) Europe to go pound sand" they ARRESTED the BANKSTERS

"More Icelandic bankers arrested, 20 January 2011"

from Ice News

"raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation."

http://www.icenews.is/index.php/2011/01/20/more-icelandic-bankers-arrested/

PERP WALK to Prison

"First Iceland bank crash prison sentence handed down, April, 2011"

http://www.icenews.is/index.php/2011/04/07/first-iceland-bank-crash-prison-sentence-handed-down/

Some good musicians from Iceland too:

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Iceland "first world leader to face charges"

Did "news" media in USA cover this story - (i never watch/listen it, so don't know)?

by Rupert Neate, guardian.co.uk, Tuesday 7 June 2011

"Former prime minister of Iceland has been formally charged over his part in the collapse of the country's banks in 2008"

http://www.guardian.co.uk/business/2011/jun/07/iceland-former-premier-trial-banking-crisis

Central banksters around the world should be next

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This story is just getting more and more interesting

I didn't have much background coming in on the thread.   Thought that Iceland's basis was simply not to protect the deposits of non-citizens which didn't seem exactly fair but is certainly their call to make.

Browsing around it seems that the non-citizens of interest were doing bankster games and may have contributed to the money problems.  I'm going to keep digging on that part.

If Iceland is indeed going to prosecute for manipulation of finances this is huge news.

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Jake
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Know More wrote: Did "news"

Know More wrote:

Did "news" media in USA cover this story - (i never watch/listen it, so don't know)?

by Rupert Neate, guardian.co.uk, Tuesday 7 June 2011

"Former prime minister of Iceland has been formally charged over his part in the collapse of the country's banks in 2008"

http://www.guardian.co.uk/business/2011/jun/07/iceland-former-premier-trial-banking-crisis

Central banksters around the world should be next

I've never seen it on any main news station or network. They are shills for the banksters. BTW it's refreshing to see someone from Russia who "gets it" . It seems the USA is falling back toward the same tyranny you got yourself out of. Bravo!

Also, thanks for the tune...a good one! Hat tip to you too.

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HappyNow wrote: I didn't have

HappyNow wrote:

I didn't have much background coming in on the thread.   Thought that Iceland's basis was simply not to protect the deposits of non-citizens which didn't seem exactly fair but is certainly their call to make.

Browsing around it seems that the non-citizens of interest were doing bankster games and may have contributed to the money problems.  I'm going to keep digging on that part.

If Iceland is indeed going to prosecute for manipulation of finances this is huge news.

My guess now it that their currency will be issued by the government of Iceland with the full faith backing of the Government, rather than any Central Bank. The Country of Guernsey has this sort of system until they elected politicians who wanted to spend more than their system was generating in annual gdp (thus creating a deficit). The European Union seized upon this opportunity to attempt to push them into the Euro.

Their Currency looks like this:

FROM:  http://en.wikipedia.org/wiki/Guernsey

"Unlike many countries, Guernsey has not delegated money creation to the central bank and has instead issued interest-free money from 1822 to 1836, stimulating the growth of economy after Napoleon's wars without creating public debt and without increasing taxes. Also gold and silver coin remained money in Guernsey in the period 1822 to 1836 – and indeed long after.

Financial services, such as banking, fund management, and insurance, account for about 32% of total income.[23] Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, especially freesias, have been declining. Light tax and death duties make Guernsey a popular offshore finance centre for private equity funds. However, while Guernsey is not a member of the European Union, the EU is forcing Guernsey to comply more and more with its rules . As with other offshore centres, Guernsey is also coming under pressure from bigger nations to change its way of doing business. Guernsey is changing the way its tax system works in order to remain OECD ( and EU ) compliant. From 1 January 2008 it has operated a Zero-Ten corporate tax system where most companies pay 0% corporate tax and a limited number of banking activities are taxed at 10%. As a result it is confronting what it terms a financial "black hole" of forty-five million pounds or more according to some estimates which it aims to fill through economic growth and indirect taxation. "

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Know More
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Iceland protests 2008, 2009, 2010

Unemployed, financially broke Icelanders not happy with politicians who did deals with banksters:

Protest in Iceland november 8 2008 

Iceland truckers protesting large increases for gas

Iceland, outside of the parliament 20 January 2009

Iceland - october 1. 2010

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IceSave Part 1 and 2

Same game, same international bankster-politico game players - meet not so same Icelandic peoples not interested in bankster games!

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Know More

Know More wrote:

Unemployed, financially broke Icelanders not happy with politicians who did deals with banksters:

Protest in Iceland november 8 2008 

Iceland truckers protesting large increases for gas

Iceland, outside of the parliament 20 January 2009

Iceland has basically gone through the process of ridding itself of the parasite that is the central bank. Their standard of living, way of life and private sector had to be destroyed resulting in riots/revolution to force the scum leaders out of power and then to form a new government which mandated an independent system. All countries that want to be free of tyranny will need to experience the pain of this process. Unfortunately, The US, large  as it is, will experience the pain in a much more extensive and protracted way than any other nation, but the process must occur in order to purge the bad apples from the cart.

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Know More wrote: Same game,

Know More wrote:

Same game, same international bankster-politico game players - meet not so same Icelandic peoples not interested in bankster games!

Know More: You Might Be Interested in This Article: This is what happens When a Country Gets Itself Into Too Much Debt and Dependency to Other Countries:

http://www.sbs.com.au/news/article/1566695/Russia-cuts-power-to-Belarus

Russia cuts power to Belarus

29 June 2011 | 07:51:09 PM | Source: AFP

lightbulbs_old_new_090901_B_getty_1843696676

Belarus receives only about a tenth of its electricity from Russia and the power cutoff is not expected to significantly affect households. (Getty)

Russia has cut power supplies to cash-strapped Belarus after it failed to make a debt payment due to its mounting economic crisis, the latest energy spat between the two uneasy neighbors. Russia had threatened to cut off supplies to Belarus last week before extending the deadline to help the ex-Soviet republic come up with the payment. The new deadline expired early on Wednesday.

Russian power producer Inter RAO UES halted power supplies to Belarus at midnight Moscow time (0600 AEST Wed), promising to re-establish deliveries within 24 hours of when the payment is made. As of 0500 GMT (1500 AEST) the payment has not been made, said company spokesman Nikolai Gorelov. "There is no money," he told AFP.

Company officials, speaking on condition of anonymity, said the dispute centred around some 600 million rubles ($A20.29 million), an April payment Belarus should have covered by June 20.

Belarus receives only about a tenth of its electricity from Russia and the power cutoff is not expected to significantly affect households.

But the spat underscores the severity of the current economic downturn plaguing Russia's neighbor. Belarus says it has enough local currency to make the payment but lacks enough Russian rubles in its state accounts to make the required conversion.

In recent years Russia and Belarus have often been at loggerheads over energy prices and customs duties. Last June, Russia significantly reduced gas flows to Belarus over a similar payment dispute, briefly interrupting European supplies.

Its economy has been stuck in the doldrums for years, with the country's strongman leader Alexander Lukashenko refusing to conduct market reforms.

Russia has been using a carrot and stick approach to urge Lukashenko to engage in state sell-offs that could see stakes in top Belarussian entreprises end up in Russia's hands. A top World Bank official warned this month that the country's economic model had "run out of steam". Just before the energy cutoff deadline, Russia's state-controlled NTV channel aired a documentary cuttingly named "A Belarussian miracle" in which it derided the country's economic model. "The collapse of socialism in one particular country. Who is to blame and what happens next?" the television channel said in a teaser for its latest expose.

Led by the wayward Lukashenko for the last 17 years, the politically isolated state has retained elements of the Soviet command economy, dominated by state-owned companies. A harsh crackdown by Minsk on opposition supporters after Lukashenko won disputed elections last December has prompted the European Union to impose economic sanctions and travel bans on people close to the president.

Moscow earlier this month signed off on a $US3 billion ($A2.86 billion) three-year loan to Belarus that included involvement from other former Soviet republics.

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Iceland saves the world

It'll make for quite a story if little Iceland, a nation of 300,000 (less than one of our major cities) sets the precedent that saves the world.

Now if Greece follows suit, we can get something good going.

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Independence Day Indeed!

Great stuff Jake!  This truly is an example for ALL Americans to look at and realize that WE THE PEOPLE still have the power in this country and when a united people get together, there is nothing that they cannot accomplish.  Congratulations to Iceland. 

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