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Originally posted by nightbringr
Originally posted by THE_PROFESSIONAL
Next step is to line up the bankers, dip bullets in horse manure and shoot them all, and leave one living to tell the story to the other bankers...
And then when someone needs a mortgage because he cannot afford his house, he pays someone interest to lend him money, it becomes a business and it all starts over again. Except you have less bullets and blood on your hands. Hope you can look into the eyes of their heartbroken children and tell them why you executed their parents.
Dont lend money when you cant afford to pay it back. Economics 101.
edit on 21-6-2012 by nightbringr because: (no reason given)
Originally posted by lonewolf19792000
reply to post by nightbringr
Again, i ask where in ANY of the related articles it refers to a Rothchild. The OP made a point of mentioning Rothchilds. Funny, the names of the men arrested were very Scandanavian in nature. Perhaps you can list the family tree linking them?
Where have you been? The Rothchilds own literally every bank on the planet, They've been at this for over a thousand years, maybe 2000, maybe more.
Originally posted by onecraftydude
So a lender can lend a person money they don't qualify for and not be responsible when the person defaults. Along the way to default the bank increases the interest rate and the mortgagee can never pay down the principal. That system should be illegal. Our government is held by just such a situation. The FED has raised the interest rate on us so we never pay on the principal. How in the world is that considered ok?
Originally posted by rebellender
The Story is bogus.
But please entertain "What If's"
Originally posted by Plotus
reply to post by BobM88
www.google.com... 2g8QTzwOTNCQ&usg=AFQjCNHGOLSx8a3-pSNVbXA0WJqZdTcbjg
Dated today on Youtube
Originally posted by SimonPeter
reply to post by nightbringr
You evidently are at a loss ! If you research the Rothschilds from the time they were the Bauer 's you would be apprised of the , no , your situation along with the rest of us . Research < The Rothschilds Timelines> There are a lot of people who know about the dreams of Mayer Amschel Bauer of world domination but don't know that the Bible tells of it around 2,000 years earlier as well as the Mark of the Beast that could only be implemented throughout the world with the advent of the world wide web . This 666 Mark of the Beast money will not be printed and can only be used with a authorization from the source of that money . The Rothschilds are Ashkenazi Jews and are as such chosen as Jews by God to bring us to the Great Tribulation even as Judas was chosen by Jesus to betray him . That honor as the chosen people may be viewed differently when you consider the above . Believe or not it is written as prophecy in Revelations chapters 16 and 17 .
Originally posted by mbkennel
In other words, It's All The Jews Fault, Kill Them!
People who believe that can go cheney themselves.
'
Back to actual reality. The bankers in Iceland were Icelandic. They wanted to make LOTS of money. They over levered (meaning made more loans than their capital base could support) and to support the over levering they got lots of depositors from foreign countries, mostly UK, by promising high yields.
Gee, who could think this could end badly? Just about any banker over 50.
When you are levered 10:1 you only need 10% defaults to make you go under.
It is little different from the Allan Stanford fraud. It's exactly the same that Jews as group had no more or less to do with it than any other random person.
It was a small number of unrealistically ambitious and greedy Icelanders, combined with a naive government who didn't know enough to regulate them to stop, mostly because Iceland had no significant prior banking history, any more than Ghana has ice fishing.
Their government took the right course---let them fail. The Irish government took absolutely the wrong course and guaranteed all their banks' debt, meaning that their private sector losses would have to be paid by their entire population.
Originally posted by tpsreporter
But now how long until TPTB decide Iceland is ready for it's own Black Flag operation? How long until they have a 9/11?
I just hope that if TPBT decide to begin punishing Iceland, the people stick to their guns and not give up or give in.
Originally posted by nightbringr
And anyone who is too stupid to realize they cannot afford a $200,000 Porsche when they only made $24,000 dollars a year should have to pay when they default on their loan. No one put a gun to their head to make them buy it when a Civic would have worked.
edit on 21-6-2012 by nightbringr because: (no reason given)
Morrisons Appoints Credit Suisse Ahead Of Iceland Auction
By Kathy Gordon Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- Wm Morrison Supermarkets PLC (MRW.LN) said Friday it has appointed Credit Suisse Group (CS) as investment banking adviser, ahead of an auction for frozen food chain Iceland. Iceland is being sold by the Resolution Committee of failed Icelandic bank Landsbanki and Morrison indicated its interest in the chain in May, a person familiar with the matter said at the time. There are several other bidders circling though, including Iceland's Chief Executive Malcolm Walker who owns 23% of the group and last year tabled a bid to buy Landsbanki's 67% share in the company, which valued the retailer at around GBP1 billion, according to a different person familiar with the matter. The appointment of Credit Suisse is in addition to Morrison's existing stockbroking advisors Bank of America Merrill Lynch and RBS Hoare Govett, as well as investment banking advisor Rothschild. However, both Bank of America Merrill Lynch and Rothschild would not be able to advise Morrison on an Iceland bid because the former is advising the Landsbanki Resolution Committee and the latter is advising Malcolm Walker. Landsbanki's stake in Iceland is expected to attract a large amount of interest from trade buyers like Morrison and other U.K. grocers, as well as private equity groups and management. Morrison rival J Sainsbury PLC (SBRY.LN) has said it would be interested in a handful of stores. The remaining 10% of Iceland is owned by Glitnir, a smaller failed Icelandic bank which, like Landsbanki, is also being wound up. By Kathy Gordon, Dow Jones Newswires; 44-207-842-9293; [email protected]
Originally posted by zarp3333
Originally posted by tpsreporter
But now how long until TPTB decide Iceland is ready for it's own Black Flag operation? How long until they have a 9/11?
I just hope that if TPBT decide to begin punishing Iceland, the people stick to their guns and not give up or give in.
You must realize the significance of what happened in Iceland. It cannot be over emphasized. They, as a sovereign country, collectively gave TPTB a big fat middle finger salute.
Prior to Iceland, the only countries with the balls to do that happened to have something TPTB needed but also happened to be Muslim, have different color skin and customs.