Wow, Great Vid. on Iceland! Want to understand our financial crisis, watch this!
Extrememly well done short video on the situation in Iceland, past and present. We’ll likely never see this on North America MSM as it shows the people bringing down the government – so nice to see corruption get it in the *ss.
They still have not accepted the IMF loan as they are fighting the global banksters – go Iceland go!
This was shown just a couple of weeks ago.
It appeared on the ABC’s (Australia) ‘Foreign Correspodent’.
It amazes me that the money has been stolen, the culprits have disappeared, no one has been held accountable… YET there is no fundamental change and it appears that it will be business as usual ready for the next round of wealth transfer.
And this is THE issue.
With no one across the financial world being held accountable for the GFC the entire global ponzi scheme will just continue, not only unabated but will accelerate to new bigger and even more fraudulent scams… Carbon Trading being the next!
That was a great follow-up to the Icelandic banking crisis . . . I especially liked the assertion that one of the lessons learned by the Icelandic people was that the crisis was made possible by the people’s willingness to chase material wealth, and to abandon their traditional values . . . While it would be wrong to lay blame at the populace’s feet, it must also be said that without greed and blind pursuit of short-term pleasure, unscrupulous bankers would have had no grease (think palms) to allow such schemes to persist . . . Distraction of the mark’s attention by appealing to his or her baser instincts is one of the oldest, and most effective ploys of the common con man . . . .
Right on, C1oudfire! And guilty as charged, but hope I’m making amends 🙂
I am connected to some dear friends in Iceland and have been there 5 times over the years – the last, 2 weeks before the crash began.There is a great blogsite there, and they have translated some of the speeches given to the people, by the people. The beginning of one I love….
Self-made bondage is the strongest form of bondage. Thus wrote Sigfús Daðason, and thus is our situation today. The constitution was mortgaged without the nation being asked, and now we are to acknowledge the collateral and confess to the crime. We are confessing to a crime we did not commit. Let me quote Eva Joly: “This small country of 320,000 inhabitants is now reeling under the weight of billions of Euros of debt, which has absolutely nothing to do with the vast majority of its population and which Iceland cannot afford to pay.”
Yes, we are being enslaved. The Icesave agreement is stage one, the conditions of the International Monetary Fund stage two, and so it will continue until sometime in the future, when we receive an apology for the mistake that is being made … but by then it will be too late. They say we will become the Cuba of the North if we do not ratify this agreement. But shouldn’t we add: We will become the Haiti of the North if we do ratify it. They fulfilled all the IMF’s demands – and are now plagued by a famine. On Sunday the Pope prayed for the people of Argentina, for precisely the same reason. The IMF’s austerity program has turned half of all Argentineans into paupers. That is the reason we are here today – and we oppose this. All of us. We are being made to confess to a crime we did not commit. We are to shoulder the burdens of the global financial system, to become their underdogs.
In truth, this problem is not the nation’s problem, but that of the owners of the privatized banks who vacuumed up cash using the Icesave accounts. Our problem is that the government of this country and its politicians want to remove this problem from the bank’s owners and hand it to us and – not least – to our descendants. We cannot let this happen. We oppose this – all of us…….
Powerful and inspiring words