Iceland's Voters About to Tell Global Banksters to Shove It

Originally posted by watcher73

Investments are gambles. The investors lost. Game over.

Funny how people are leissez faire capitalists when it comes to gains, but demand socialism when it comes to losses.

reply to post by Vincent84


Err it isn't a handful of bankers that the icelandic people would be punishing, it would be many individuals wh put money into savings account that were offering around 8.5% at the time. I know this because i put money into the icelandic banks but i got mine out before it all went bad.

The Icelandic people would be keeping the money of every day UK citizens along with government invested funds. If you think that's ok then fine, just be happy it isn't your money i guess.

Originally posted by watcher73

Investments are gambles. The investors lost. Game over.

This is not like the stock market where you expect a loss. People put it in a savings account where the original money is supposed to be safe.


[edit on 6-3-2010 by ImaginaryReality1984]

reply to post by ImaginaryReality1984


Hello fine fellow ATS'er.

I disagree with you. First of all the people in Holland (were I life) deposit money on ICESAVE. They promised a 5% interest. Then the bank goes bankrupt.

We in Holland have a scheme were people's money in the bank is guaranteed by the DNB (Dutch Central Bank) to 20.000 Euro. When the bank fell the state made it higher to 100.000 Euro. So the people's money is paid back by the DNB. The Dutch banks have to pay a little money in a fund were this is paid from.

So the people have their money back. Now our government and that of the UK wants the Iceland's citizen to pay it back and there is were I would also tell them to shove it.

When our Central Banks paid better attention and looked in the books of these banks nothing would have happen because they could see it could never work.

Whose fold is it now. THE BANKSTERS!!! not some 320.000 citizen of Iceland paying 5 billion Euro to our banks.


Peace and love, Vincent

Originally posted by Vincent84
I disagree with you. First of all the people in Holland (were I life) deposit money on ICESAVE. They promised a 5% interest. Then the bank goes bankrupt.

Before they went bankrupt they were offering 8.5% in the UK, not 5% My aunt still has her money in that bank and can't get it back. This is theft, no other name for it. They are keeping around 10k of my aunts money, all of her savings and you think the government shouldn't reach an agreement to pay it back?

How very callous.

Originally posted by Vincent84
We in Holland have a scheme were people's money in the bank is guaranteed by the DNB (Dutch Central Bank) to 20.000 Euro. When the bank fell the state made it higher to 100.000 Euro. So the people's money is paid back by the DNB. The Dutch banks have to pay a little money in a fund were this is paid from.

And yet UK people are not being refunded.

Originally posted by Vincent84
So the people have their money back. Now our government and that of the UK wants the Iceland's citizen to pay it back and there is were I would also tell them to shove it.

The money went into the icelandic banks and some of that money benefits iceland, so it benefits the citizens. Lets be clear, this is basically theft, they took peoples money. We are not talking stock investments, but savings accounts. These accounts are created because they are supposed to at least guarentee the original sum of money.

Originally posted by Vincent84
When our Central Banks paid better attention and looked in the books of these banks nothing would have happen because they could see it could never work.

Whose fold is it now. THE BANKSTERS!!! not some 320.000 citizen of Iceland paying 5 billion Euro to our banks.

Odd thing is UK banks were bailed out and are paying back the money of any investor, including foreign ones. Still it is partly the citizens fault for allowing their banks to be run in such a way. I blame both the banks and the citizens in the UK, well at least the citizens who did not speak out

[edit on 7-3-2010 by ImaginaryReality1984]

reply to post by ImaginaryReality1984


Well basically the whole system is wrong when stuff like this can happen.
The citizen of Iceland didn't get any profit as far as they know.

But lets be clear that a system that allow one bank to make a whole nation bankrupt is plain wrong. I still wait for the big collapse to happen, it can be a hard time but the system has to go.

Peace

There were some great documents on wikileaks to whom the icelandic banks gave unbelievable big loans just before they collapsed
Powerful and influential people from all over the world
It is an offense to the common sense only to think of making the icelandic people pay for that

reply to post by charlie_the_loafer


Thanks for sharing, I never heard of them. But my common sense felt there was more to the story then what the media was covering.
Do you have a link for me so I can read them.

Thanks in advance.

Peace.

Originally posted by Vincent84
Well basically the whole system is wrong when stuff like this can happen.
The citizen of Iceland didn't get any profit as far as they know.

But lets be clear that a system that allow one bank to make a whole nation bankrupt is plain wrong. I still wait for the big collapse to happen, it can be a hard time but the system has to go.

Peace

I agree completely that the entire system needs changing but i also think that Iceland should force the banks to pay back what they took from UK (and other) citizens. The way it would work is the government funds it and then the bank pays the government back over time, with interest (come on a bank having to pay interest on a loan, it's delicious).

This way the Icelandic people get more money long term and the UK citizens get their money back, which includes the life savings of many people.

reply to post by Vincent84

Unfortunately even truth seekers have to eat and live a life so wikileaks is concentrating more on gathering a certain amount of money nowadays.
They only post their last documents that are submitted by users as you can see http://__._/ and until they will gather their goal sum we aren't able to access their database.

Unfortunately we'll just have to wait until their website will go back to normal

BTW, results are in, after a third of the votes counted, 93% AGAINST bowing down to the bankers!

Icelanders are the true liberty lovers of this world, not americans.

Lots of americans hate the present state of things, but not 92% of the population like Iceland. And Icelanders are ACTING ON IT, americans are believing the BS McChangey is spewing.

Difference between Icelanders and Americans : Icelanders get screwed by the bankers, Icelanders go against them and tell them to shove it.

Americans get screwed by the bankers, what do they do? THEY ELECT AS PRESIDENT, AND KEEP THE SAME CONGRESS THAT HELPED BUSH PASSED THE BANK BAILOUT...

Yeah who's really pro-liberty ? Icelanders AS A PEOPLE. The American PEOPLE is not there at all...

It's sad since there's a LOT of great americans... but too many scum/sheeple on the other side to counterbalance...

Those who are angry and are DOING SOMETHING instead of bitching about it all, you are icelanders!

Will Iceland be the new America? Land of freedom?

After congress passed the bailout, americans should have stormed congress and burn it down or hang a few congress scum.


EDIT: Ah yes! Forgot to say this...

The Icelandic government REFUSES THE WILL OF THE PEOPLE.

With a third of votes counted, 93% of Icelanders have voted "No", less than 2% back the deal, and the remaining votes are invalid.

Mrs Sigurdardottir said that her government would stay in office, despite the "No" results.

"This has no impact on the life of the government," she said.

"Now we need to get on with the task in front of us, namely to finish the negotiations with the Dutch and the British."

Time for another storming of the parliament and maybe time for some good old public hanging.

[edit on 7-3-2010 by Vitchilo]

The general public should never be held responsible for a failed or failing business.

online.wsj.com...

Some 93.3% of voters cast ballots opposing the deal, the results showed after 90% of ballots were counted, said RUV public broadcaster which compiles all electoral statistics.

However, the U.K. and the Netherlands have since made a better offer to Iceland, which would give Iceland a two-year window on interest rate payments and would likely result in a lower interest rate. Iceland however has said that offer doesnt go far enough. A person familiar with the situation said the U.K. government was unsurprised but "obviously disappointed" by the Iceland vote results and reiterated that any deal must see U.K. taxpayers repaid in full.

the bankers arent giving up....

[edit on 7-3-2010 by TheCoffinman]

You know, I'd be willing to gamble (Which I try not to do), That if this so-called bank were to give full disclosure of WHERE the money went, I'd have do put my "money" on this:

Big inverters deposited millions upon millions into this bank, then applied for a loan under an affiliated name. Then, when the bank goes under they get their money back via the bailout. Talk about a 100% interest earning savings account!!

Of course, to the banksters, the small fries are just collateral damage.

I guess I think like a criminal too much......

www.abovetopsecret.com...

"Icelanders in thier own words on the NO vote to banker fascism"

Originally posted by ImaginaryReality1984

Originally posted by Vincent84
I disagree with you. First of all the people in Holland (were I life) deposit money on ICESAVE. They promised a 5% interest. Then the bank goes bankrupt.

Before they went bankrupt they were offering 8.5% in the UK, not 5%

My aunt still has her money in that bank and can't get it back. This is theft, no other name for it. They are keeping around 10k of my aunts money, all of her savings and you think the government shouldn't reach an agreement to pay it back?

How very callous.

Originally posted by Vincent84
We in Holland have a scheme were people's money in the bank is guaranteed by the DNB (Dutch Central Bank) to 20.000 Euro. When the bank fell the state made it higher to 100.000 Euro. So the people's money is paid back by the DNB. The Dutch banks have to pay a little money in a fund were this is paid from.

And yet UK people are not being refunded.

Originally posted by Vincent84
So the people have their money back. Now our government and that of the UK wants the Iceland's citizen to pay it back and there is were I would also tell them to shove it.

The money went into the icelandic banks and some of that money benefits iceland, so it benefits the citizens. Lets be clear, this is basically theft, they took peoples money. We are not talking stock investments, but savings accounts. These accounts are created because they are supposed to at least guarentee the original sum of money.

Originally posted by Vincent84
When our Central Banks paid better attention and looked in the books of these banks nothing would have happen because they could see it could never work.

Whose fold is it now. THE BANKSTERS!!! not some 320.000 citizen of Iceland paying 5 billion Euro to our banks.

Odd thing is UK banks were bailed out and are paying back the money of any investor, including foreign ones. Still it is partly the citizens fault for allowing their banks to be run in such a way. I blame both the banks and the citizens in the UK, well at least the citizens who did not speak out

[edit on 7-3-2010 by ImaginaryReality1984]

You Aunt needs to get on the line to FSCS for reimbursement as that's what I did to get my money back.

The waters are muddied all the way to the top. Anybody who doesn't believe that many of the "average" citizens do not also willingly ignore, every single day, that which is unfair to their very own advantage is kidding themselves. The war machine post world war 2 is responsible for a great deal of wealth in this country (america). The fact that the world reserve status of US currency unfairly allowed our citizens to enjoy quite more than the fruits of our labor was almost universally ignored. After all, the other guy is getting screwed, and we have a moral outlook on the world and our own moral superiority, so we summarily ignore anything that contradicts our myopic sphere of understanding. Certain men became pissed when a woman could prove to do something extraordinary, maybe even more extraordinary than they could do themselves. Certain women became pissed when men point out that the system that they so derail is pointed out to have a vested interest in protecting women over men. Etc., etc., etc. We live in a polemic world. A world of extremes in which sides obfuscate, manipulate, and dominate to get their "truth" out there. When we can transcend our angles, this crap will start to fade away. If not, the same old crap will continue, albeit with a role swap from time to time. Peace.

You know it is amazing to me how the banks, and banks control the world, can publicly move in like this to actually hurt a nations economy. These banks are surely in no danger of going out of business. It is obscene that they can do this. Some people call their money loss a side effect of poor business decisions.

Could someone in Iceland confirm this?

Was Icesave PRIVATIZED? As in not a branch of the licelandic government.

Yes , I can confirm that .

Neither me or anyone I know had even heard about these Icesave accounts.

I'm happy iceland gave them the mid finger salute. I hope the ptb doesn't find a way to grab said finger and break it...