Why Iceland Should Be in the News, But Isn't (!)

reply to post by Cloudsinthesky


I sure wish we would have let the banks fail. I wonder where we would be now? Probably better off than today.

Originally posted by nightbringr
You are running so deep into the red no austerity measures could save you.

I disagree, all that "red" is bogus fraudulent debt.

No one should ever have to pay a criminal mafia for protection, it's extortion!

You are just overly pessimistic, reality is somewhere in the gray zone.

Originally posted by muzzleflash
I disagree, all that "red" is bogus fraudulent debt.

No one should ever have to pay a criminal mafia for protection, it's extortion!

You are just overly pessimistic, reality is somewhere in the gray zone.

Im sure there is a huge amount of money lost to corruption, no doubt. But please, i encourage you to look at your US budgets and see just how much you borrow from year to year. But the more alarming thing to observe would be the amount of money printed.

While printing money works for the USA due to the massive size of the economy and the fact that the greenback is pegged to oil, if the dollar lost its position as the trading currency, you would lose the option of printing money. Massive inflation would be the only outcome. So in order to do as you propose, you would have to default on your loans, angering China and most of the world, and then somehow begin to post balanced budgets within a few very short years. This would mean huge cuts to social programs, increased tax load and more, all of which in turn hurt the economy even more.

Not to mention the economic warfare, if not outright war that would ensure if the US took that route.

Originally posted by mr-lizard
...and they even went so far to jail a few of those politicians who were responsible for wrecking Iceland's financial status.

Don't believe everything you read. Most of these criminals actually got away with it ,
even if Icelanders are still pursuing them. Yes they have been made to answer for their actions
but they haven't actually been "jailed" as far as I know. Less than 1% of them might have been.

The "new" Icelandic government installed after the collapse in 2008 hasn't fixed much.
Iceland's prime minister is hell-bent on entering the collapsing European Union
and more people that needn't be homeless have been robbed of their homes by the banks.

Banks are now either mostly under foreign ownership or the governments ownership.

I guess its like this most everywhere in the western nations...there are plenty of homes ,
yet we have plenty of homeless and struggling people and little to no helping available.

The politicians may claim they're gonna "change" things but then they just turn
to their own agenda (Icesave and getting into the EU) and just ignore peoples needs ,
while saying that people wish to join the union and have huge payments
(Which is the opposite to what the people really wish for)

At the start of this month Icelanders were still protesting. Stand your ground ,be loud!

3rd of October 2011 Protests

Originally posted by poet1b
People need to stop blaming government, when they vote in politicians who want to eliminate representative government and let the banker rule over the planet, and start blaming the real culprits, the bankers. Stop being such programmed zombies people.

The world economy is a giant house of cards, with crooks claiming they are owed lots of money from people who have no money to give. The collapse of the world economy has just began.

Heaven forbid we should actually expect accountability from our politicians!

And no, the politicians ARE the root of the problem. If they made laws preventing the kind of thing we are seeing these days, we wouldnt have the problem in the first place. While yes, we do elect them, no, we are not responsible for their actions. All we can do is vote who we feel is best for the job and hope that they will not lie to us.

If you have a better way, im all ears. Oh wait, we have done this before havent we?

Gotta give props to the Icelanders, this is the way it should have been handled in the USA and Europe.

I learned about this in my polysci class a few weeks ago. Its a good idea giving power directly to the people to create and amend the althing which is their constitution. However, i think its good that one remembers that the population of iceland is about 320,000 whereas in america its 312,000,000. Its a lot easier to make people agree when their the same demography and not as many people to change minds but when you have such a wide range of different types of people all from different climates such as california to north dakota, people are gonna have different beliefs and different cultures making it much more difficult for a country like ours to do something like that. As far as i know, it seems like true democracy giving power directly to the people and i like it. Maybe one day well fix up our political act...

The reason they couldn't broadcast this is because the bankers have too much influence and power in Washington to the point where they can actually make or break a presidential candidate.
That's where the problem lies in the USA land of banksdom.

Originally posted by thatshicray
I learned about this in my polysci class a few weeks ago. Its a good idea giving power directly to the people to create and amend the althing which is their constitution. However, i think its good that one remembers that the population of iceland is about 320,000 whereas in america its 312,000,000.

You shouldn't see it that way.
Its the United States.
Meaning, you change the situation in your own State.
In time, as more States adopt a better system, then you can go Federal.

I have heard about what happened in Iceland; and I think they showed a lot of guts standing up to the British banks; as far as I know, the Icelandic people are the only people I know of who actually won against a volcano. Hope they are successful in their efforts to rid themselves of corruption.

One of the critical reasons WHY Icelanders stood up as a united people against the tyranny of the criminal banksters was because they are as a people ONE nation (one race) with a solid homogeneous culture.

One of the things that is contributing to the destruction of the USA is that we no longer can be defined as a true nation, instead we are only a polyglot that has to many differing interests among its overly diverse population of tribes.

The zionists have used the weapon of "multiculturalism " and "diversity" within our country to dilute the nation and this helps to render the population inert against the criminal powers.

reply to post by mr-lizard


Some pertinent information:

Depositors to Iceland Banks lost over 500 billion dollars.

Iceland borrowed 10 billion dollars to stabilize their currency after their economy collapsed.

Economy depends on fishing which is declining rapidly due to declining fishing stocks from overfishing.

Iceland's extensive welfare system is a major factor in their economic troubles.

Problems due to inadequate waste water treatment and sewage treatment facilities.

Industrial growth rate -1%.

3 billion in external debt.

Iceland's budget deficit is unsustainable and played a major factor in the decline of the krona. As with most countries with huge entitlement outlays their social programs are unsustainable (you cannot spend more than you have year after year. Their government is working to fix their financial troubles, but whether they succeed or not depends on the cooperation of the citizens in getting their debt and excessive entitlement under control. If they cannot they may yet go the way of Greece.)

GDP is only 11.82 billion and population is very small at 311,000 so even though the above numbers sound small their debt is huge in comparison to their actual GDP. As the fish stocks continue to decline it will cause even more financial harm and greatly reduce their exports.

reply to post by SecondAmendmentUser


As I just showed above, Iceland is not doing well at all due to excessive entitlement spending (welfare programs), lack of marketable products or services and declining fish stocks. Iceland may yet go the way of Greece if the citizens do not cooperate in reducing their debt by reducing entitlement spending. Just like Greece, socialism and social programs are slowly draining them dry.

By the way, very bigoted remarks. You don't hide it, so at least you are honest about your hate issues.

Originally posted by Cloudsinthesky
reply to post by mr-lizard

 

We are just to dumb down to understand what needs to be done........

Good for them...........

edit on 26-10-2011 by Cloudsinthesky because: (no reason given)

It wont help them unless they also understand that they cannot maintain a welfare culture of that size without their economy collapsing entirely. They survived due to borrowed money. Unless they get the spending under control and stop demanding cookies from their empty cookie jar, it's all for nothing.

Originally posted by Blaine91555


By the way, very bigoted remarks. You don't hide it, so at least you are honest about your hate issues.

edit on 10/27/2011 by Blaine91555 because: (no reason given)

There is nothing bigoted or hateful about the truth, ever.

You been programmed by the overloads that rule you to react they way you do to my comments, I am not surprised or annoyed by it. I like seeing your trained response because it shows how controlled the masses have become today.

reply to post by mr-lizard


That place is more or less governed under socialist rules of citizen engagement with their government. These rules exist because they use cheap mostly socialized produce energy.

Other places are ruled by energy companies who actually own the banks because they are the only ones who can keep the banks liquid with massive deposits. This massive money purchase government at auction.

Here sign this guys petition if you live in the U.S. or start similar one in your country. www.getmoneyout.com...

Oh yeah, you also have to nationalize energy and banking in your country along with highly regulating privateer media influences so to keep its primary focus on promoting "positive Liberties." en.wikipedia.org... Otherwise you have pirates like Murdoch dissimulating propaganda that such nationalization measures are Marxist actions, and they dissimulate such propaganda because they know there are are enough ignorant people who vote that believe such nonsense. This is why mainstream media messaging has to be regulated to protect the public from the tales media pirates tell on behalf of big energy and banking who supply pirates like Murdoch with financing to build media empires. You know, big energy goons like the Koch brothers.

Iceland doesn't have Koch brothers and Murdochs running loose on their streets. They don't live in the gangster hood of the boondocks these creeps rule like OGs.

Originally posted by 1nOne
And wouldn't you know it, a little research into who these foreign bankers are: Jews.

Hold on.....

I have a problem with this statement for a number of reasons.... one is on principle; the other is less subjective.

1) For crying out loud. Does it matter what faith, creed, tribe, or belief the person ripping you off has? What the hell difference does it make? I know those victimized by the events are eager to cast blame and aspersion on those responsible, but let's blame the actual people doing the misdeeds... not who their parents were.

2) By making it appear that the fact the "Jew" bankers are the problem, does it not exonerate all non-Jew bankers? This makes little sense. The problem has nothing to do with their heritage, it has to do with greed... which, last time I checked - apparently knows no color, religion, gender, or ideology.

-----------------------------------

As far as the Icelandic people borrowing money to stabilize their currency, let us not forget, "they" did not borrow anything... their reserve bank did that (claiming no choice in the matter), and with the full approval and eager cooperation of other nation's central banks who saw the opportunity (as usual) for profit from a desperate borrower.

The issue here is the sad truth that people 'grant' authority to others to govern over and take control their affairs. When these 'trustees' abuse that trust, or handle it with incompetence, they seem to think they can simply pass the blame onto those who trusted them... sorry folks... that is not reality... that's politics.

No nation should ever again be so stupid as to allow their economy to become a matter of political expedience for people who are held free of consequences for their opportunistic and predatory schemes.

Some simply refuse to learn the lesson because it's easier to be a 'victim wronged' than to admit the risk was never worth taking.... the banks around the world are one big happy family... and you and I are not part of it... (generally speaking.) What actions they take to prop each other up is not for our benefit.... it is for their own.

The issue here is not one of fault... but blame. If you want someone to blame, everyone, from island to island, from continent to continent, from every corner of the globe - deserves blame. Trust is the only thing wealth can operate in.... but we have allowed that trust to become a font of revenue for middlemen who offer no value for their services, and are allowed to do so because they are very nearly a globally-legislated monopoly that no one dares challenge. As if their 'economic' religion were beyond scrutiny... and their high priests, infallible.

If you give anyone money, you have given it - it is gone. The risk is - will you get it back? Don't blame the people of Iceland because the trust in the banks was misplaced, yours was too. They did not profit from the debacle.... they are not "ahead of the game" anymore than you are.

Originally posted by SecondAmendmentUser

Originally posted by Blaine91555


By the way, very bigoted remarks. You don't hide it, so at least you are honest about your hate issues.

edit on 10/27/2011 by Blaine91555 because: (no reason given)

There is nothing bigoted or hateful about the truth, ever.

You been programmed by the overloads that rule you to react they way you do to my comments, I am not surprised or annoyed by it. I like seeing your trained response because it shows how controlled the masses have become today.

Bigotted was polite.

Your post in question blamed the entire woes of the USA on multi-culturalism, then you end up stating if it wasnt for the jews, you wouldnt be in this mess.

Sad people like you are still around.

Originally posted by Maxmars

Originally posted by 1nOne
And wouldn't you know it, a little research into who these foreign bankers are: Jews.

Hold on.....

I have a problem with this statement for a number of reasons.... one is on principle; the other is less subjective.

1) For crying out loud. Does it matter what faith, creed, tribe, or belief the person ripping you off has? What the hell difference does it make? I know those victimized by the events are eager to cast blame and aspersion on those responsible, but let's blame the actual people doing the misdeeds... not who their parents were.

2) By making it appear that the fact the "Jew" bankers are the problem, does it not exonerate all non-Jew bankers? This makes little sense. The problem has nothing to do with their heritage, it has to do with greed... which, last time I checked - apparently knows no color, religion, gender, or ideology.

The master elite bankster family of all time just happens to be so called jews "Rothchilds"

The top echelon of banksters are all so called jews. This is an absolute fact.

Folks you have been brainwashed by your elite masters into thinking that tribal and racial issues and aspects of humanoids have no bearing on things, this is wrong.

Stop and think! So many subjects, especially on ATS, can be openly discussed ....the one thing that doesn't seem to be allowed is the racial and tribal aspects of humanity.

Did you ever wonder why this is? My belief is when you stumble on an issue like this the elite masters must be fearful that it holds at least part of the key to the unraveling the mysteries of humanity and humanoids.

When I see even ATS blocking discussion of such important subjects..and you see this web wide too, I know we are onto something very crucial in the bigger picture.