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First They Jailed The Bankers, Now Every Icelander To Get Paid Back In Bank Sale
Submitted by Claire Bernish via TheAntiMedia.org,
First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki.
If Finance Minister Bjarni Benediktsson has his way — and he likely will — Icelanders will be paid kr 30,000 after the government takes over ownership of the bank. Íslandsbanki would be second of the three largest banks under State proprietorship.
“I am saying that the government take [sic] some decided portion, 5%, and simply hand it over to the people of this country,” he stated.
Because Icelanders took control of their government, they effectively own the banks. Benediktsson believes this will bring foreign capital into the country and ultimately fuel the economy — which, incidentally, remains the only European nation to recover fully from the 2008 crisis. Iceland even managed to pay its outstanding debt to the IMF in full — in advance of the due date.
Guðlaugur Þór Þórðarson, Budget Committee vice chairperson, explained the move would facilitate the lifting of capital controls, though he wasn’t convinced State ownership would be the ideal solution. Former Finance Minister Steingrímur J. Sigfússon sided with Þórðarson, telling a radio show, “we shouldn’t lose the banks to the hands of fools” and that Iceland would benefit from a shift in focus to separate “commercial banking from investment banking.”
Plans haven’t yet been firmly set for when the takeover and subsequent payments to every person in the country will occur, but Iceland’s revolutionary approach to dealing with the international financial meltdown of 2008 certainly deserves every bit of the attention it’s garnered.
Iceland recently jailed its 26th banker — with 74 years of prison time amongst them — for causing the financial chaos. Meanwhile, U.S. banking criminals were rewarded for their fraud and market manipulation with an enormous bailout at the taxpayer’s expense.
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Forget about bankers for a second. Look at those super hot viking chicks in a hot tub! Will Iceland take me in as a refugee?
i've thought about it too. but they have no industry or economy to speak of.
and it's dark for half the year.
Exactly how it should go down. I say John Stumpf and Brian Moynihan both owe me a half million each. And it's Probably a lot more than that.
Time to bring democracy to Island and liberate those poor people.
Good for them!
But their solution is not new.
It is the solution we used until we gave the bankers control of the national assets, which they promptly used to back the creation of the Currency they now use to control and subjugate us.
Take back our collateral.
Let their banks collapse.
Then hang them.
I only learned about 'flaying' from Game of Thrones. I think flaying about the only penalty these banking demons are going to understand. Yeah, let's go with flaying.
Where will the Rothschilds and their minions hide?
Their agents are in your back right pocket right now.
Iceland is part of a long term experiment. If Iceland does better than another presently unknown selected opposite, then that is the way people will swing. If the unknown opposite does better, then you can bet bankers will be allowed to press whatever buttons take their fancy.
Finance Minister Bjarni Benediktsson of Iceland for Director, USA Department of Justice.
Congratulations to the Icelandes for not being corrupt eunuchs like our un law enforces in the US of A.
Build the walls
Some history:
Icleandic people revolted in a pots and pans revolution:
http://guardianlv.com/2013/12/icelanders-overthrow-government-and-rewrit...
The new government was giving marching orders by popular will of its people.
A single homogenous ethnic population, not riven by divisions, can act in its own best interests.
It seems Iceland will be the last redoubt for consensual white civilization.
As an aside, separating investment banking from commercial banking a la Glass Steagall, is a good idea if one is going to keep private debt spreading banking as the monetative means.
Possible Icelandic future?
Why not go Full Monty? Take full control of money power by making it fully lawful, rather than private bank credit. Iceland is already mulling over the idea of Sovereign Money...go ahead take the leap.
By owning its own money power, Iceland will better withstand future attacks, especially as Iceland becomes an "unwanted " population isolate.
Another tactic to survive in future, especially for highly consensual Aryan Nordic type people, is to use contract law. For example, sign contracts agreeing to X behaviors (say no Muslims or Jews allowed residency in Country) in exchange for Sovereign money injections received for education, medical, etc. Meeting signed obligations is a higher evolutionary behavior than altruism.
Pathological Altruism is to see everybody the same as your are...to extend the idea of yourself outward. Some other races do not extend themselves this way, and see others as "other." The contract will help counter negative effects of this altruism.
To add emphasis to the point, Post Ice Age Nordics especially have pathological altruism, and this altruism can be countered with sovereign money systems and contract law; turn altruism to its advantage rather than a weakness to be exploited by psychopathic "internationalists."
Otherwise, the Nordic evolutionary experiment will likely become a dead end, as those genes will not be expressed amongst future humanity.
www.sovereignmoney.eu
Did Iceland jail any of the politicians and government regulators? This debacle didn't occur in a vacuum. Government politicians and regulators around the world watched and promoted the whole thing with their policies. Its not like regulators aren't in these financial institutions on a scheduled basis looking closely at what's going on.
Everybody drank the Kool-aid - except those evil 'doomsayers.'
I believe they did but I can't find the proof I thought I read. But some of the jailed bankers were Icelanders.
"Meanwhile, U.S. banking criminals were rewarded for their fraud and market manipulation with an enormous bailout at the taxpayer’s expense."
Should read..."Meanwhile, U.S. banking criminals were rewarded for their fraud and market manipulation with an enormous bailout and massive bonuses at the taxpayer’s expense."
Bonuses not withstanding, banks did pay the money back - with interest.
Utter bullshit
Are you implying the banks did not pay the money back?
Oh, sure, the banks paid the TARP funds back, with money they got from QE 1, 2, 3, and soon, 4.
I had a friend that was once stationed in Iceland. Way out in the middle of nowhere.
He said in the winter the girls were cute. Until you got them into the house and they warmed up.
Then they smelled.
I guess kr30,000 might pay for some soap.
Otherwise, I like their style.
The thing I like best about ZH cmments are the "feet on the ground" anecdotes. If they look as good as the photos you can put up with a few undesirable side issues.
Bring condoms, whiskey AND SOAP
Vicks® VapoRub®?
Why? Are you afraid to jump in the tub with them?
Perhaps, being and island in the middle of the ocean, these ladies just happen to work in the local fish markets. That smell just stays on a person........
but...but....what about diversity. Diversity is the best thing in the world, ain't it? Something that must be strived for and foisted upon folk.
We must make them take in 20k or so ME refugees!
Don't forget, their president was going to sign everything away to the banksters too. Until that is the people surrounded his house with torches theatening to burn him and his family alive:
"On Tuesday, however, President Grimsson announced he had refused to sign a law to enable the repayment. It has cast his country into what seems to be a full-blown constitutional crisis, since both the nation's parliament and the rest of its government had already approved the repayment plan."
http://www.wealthdaily.com/articles/iceland-england-bailout-protests/2252
After seeing the hot springs girls I checked out airfares and vacations to Iceland. It's a bit weird. Normally on travel sites you see things like "7 days, 8 nights in Greece" or "4 days 3 nights in Mexico" etc. But Scandinavia it's more like "7 days no nights."
Im moving to iceland
"Bjarni's Snow Shoveling" has arrived!
If you haven't seen the snow shovelling service in Canada yet, I invite you to check it out. You'll probably be glad you did:
http://25.media.tumblr.com/tumblr_lk3iyrWHHs1qzsmdco1_500.png
Must be the elders didn't work hard on implementing the protocols in Iceland.
http://www.iheartreykjavik.net/2015/02/all-you-need-to-know-about-moving-to-iceland-a-guest-post-by-jenna-gottlieb/
So this jew basically is trying to start up multiculturalization programs in old Island.
Sneaky bitch
1917.6065 US Dollar per month/couple.
????????????
I don't know - but have been told
That Icelandic pussy sure is cold!
Fire and ice, at least that's what they say.
You're gonna find out on your lucky day.
Covered with honey, those hot icy buns.
For the Vikings brought home just pretty ones.
Bravo Iceland, an example to the corrupt world leaders and bankers.
congress is too busy sucking jamei dimon's dick for a job when the leave the pubic sector to jail anyone
Simple justice in Iceland.
Unheard of here in US.
I wish we would at least try it. Would have been nice to see Jamie Dimon behind bars.
You know you are on the right track when London calls you a financial terrorist.
It would have been better to see Jamie Dimon swinging from the gallows.
How many Syrian refugees are they taking?
NOW I understand how the world clawed its way back after the sinking of Atlantis. Even if it's mythology, that's a good story about how evil (sociopaths) destroyed the non-sociopaths by mis-use of power.
Following the Rule of Law and the Constitution, what an odd notion!
Out of curiousity - does Iceland have a disproportionately wealthy and media-owning Judaic community in their midst?
Even Ireland managed to have Alan Shatter, who immediately set out to open the borders wide, and spent an inordinate amount of time discussing Israel.
And tiny scotland had 45,000 Jewish groups expressing 'concern' about Scottish independence - because nevermind Scottish history or culture, all that matters for them is 'is it good for the Jews'.
Is Iceland too small for the Red Shield et al. To establish a disproportionate media, financial, and political power?
Oh, and before you cry and shit your pants at the question - please name all the countries in Europe WHERE THE SITUATION DESCRIBED DOES *not* APPLY.
The federalreserve act was signed on christmas eve for a reason...
does Iceland have a disproportionately wealthy and media-owning Judaic community in their midst?
No. And hence they are able to accomplish good things for their people instead of seeing their country systematically destroyed and looted by these disproportionately wealthy and central bank owning, media owning, anti-founding fathers tradition activist folks.
Switzerland is one
Does this mean Iceland will be ending all of its capital controls?
Well, I wonder how the people who's money is trapped in Iceland will feel about this.
All of the cheerleading for Iceland seems to ignore the capital controls and the massive haircut (100%?) that the people who are trapped will experience.
WooHoo...$250. Sounds like the $$$ that was "given" to us back at the end of the Bush era.
WooHoo... but now they aren't paying ever higher interest payments to the squids every day because they took the squids money and threw the squids in prison.
I'd *pay* a hell of a lot more than $250 just to see that happen in the U.S.A.
Hehe... reminds of that song by Bread - "Everything I own".
If I saw Lloyd Blankfein walking down the sidewalk I'd stop him and sing it to him...
And I would give anything I own
Give up my life, my heart, my home
I would give everything I own
Just to see you... in the pen
Please forward this article to every banker and politician you know.
More clickbait
I love that part "...because Icelander's took control of their government..." - I'm thinking 'what the fuck'? Boy that just says it all. Too bad we don't have a hope in hell of ever "taking over" the beast that our government has become. "to serve the people" - what a crock. To serve the PTB - which seem intent to collapse our economy with the end result being? Making us all powerless slaves to a small cadre of barons and lords again apparently. The dumb fuck liberals have their heads shoved so far up their arse's they don't know that instead of being 'concerned about the welfare of the sheeple' they are in fact playing right into the hands of the group that would install themselves as the new kings. I think they are trying to model it after Saudi Arabia.
nobody likes a rat. these icelandic wierdos need more zionazi training so they can learn how to behave properly in public. the usa will have to bomb the shit out of it now, hospitals first.
separate “commercial banking from investment banking.”
So like Glass-Steagall Act before it got gutted by politicians at the demand of their financial backers?
The Wonderful Wizard of Oz: A Monetary Reformer’s Brief Symbol Glossary
"The following is a compilation of several views of the monetary reform symbolism used by L. Frank Baum in The Wonderful Wizard of Oz. Interpretations vary, particularly on the lesser figures, but this will give the readers good reference points to begin their consideration of the matter. Was the symbolism consciously or subconsciously employed? We cannot know with certainty, nor does it really matter. What matters is that Baum understood the issues involved and employed them in Oz. Millions of Americans have seen Oz, generally several times. Knowingly or not, Oz has given us a key to understanding the solutions to the economic issues we face in our time if we could only accept that we have had the power to regain our bank-mortgaged homes all along, just as Dorothy did. Remember: “There’s no place like home.”
Dorothy – everyman and woman, a simple, Populist character from the heartland of American Populism, Kansas.
Scarecrow – farmers, agricultural workers, ignorant of many city things but honest and able to understand things with a little education. A strong supporter of Dorothy (Populism).
Tin Man – industrial workers; a woodchopper whose entire body has been replaced with metal parts, thus dehumanized by machinery (robot-like with no heart) in need of oil (liquidity/money) to work, otherwise unemployed (he was idle for a year) without oil.
Cowardly Lion – Wm. Jenning Bryan, a famous politician and Populist Presidential candidate in 1896 and 1900 (Oz was written in 1900) for monetary reform and a terrific orator (i.e., roar). Bryan was attacked as being somewhat cowardly for not supporting the US war with Spain. As a Populist Presidential candidate he sought to go to the capitol city – the Emerald city. Bryan’s famous “Cross of Gold” speech is posted below.
rubyRuby Slippers – these are silver in the book. Hollywood changed them to ruby red to take advantage of the new Technicolor used in the movie version, evidently ignorant of the meaning of the silver..."
...
http://www.themoneymasters.com/the-wonderful-wizard-of-oz-a-monetary-ref...
I smell a tsunami, F12 hurricane, or maybe one of those fast approacing (so fast we can't track it-but we know exactly where it will impact), dinosaur extincting space objects that should bring these rebels back in line.
They should try that in Canada with our banks. Up until 1970 our banks had little to do with creating currency out of thin air. This was the responsibility of the government to create and the banks were lent this money and interest was paid to the citizens of Canada.
Now the banks have been given this responsibility to create money and we now have runaway debt and anyone that has a loan including the government with these banks essentially pays a tax to the banking system for money that never existed in the first place'
This can easily be corrected. The government should enact legislation to inform the banks that the people of Canada will now be forgiven the debt and the government will cancel all debt to the government of Canada with a stroke of a pen.
The people essentially of the world should realize this debt to the banks is a tax owing to the banks for money that esentialy never existed in the first place.
Revolutions of years ago were started over stuff like this.
MP Paul Martin was instrumental for turning over this responsibilty to the banks. He was questioned not so long ago about how the banking system works. He stumbled and stammered and had no idea how the banking system works. He's a true asshole that passes legislation but has no idea why he is doing so.
They should try that in Canada with our banks. Up until 1970 our banks had little to do with creating currency out of thin air. This was the responsibility of the government to create and the banks were lent this money and interest was paid to the citizens of Canada.
Now the banks have been given this responsibility to create money and we now have runaway debt and anyone that has a loan including the government with these banks essentially pays a tax to the banking system for money that never existed in the first place'
This can easily be corrected. The government should enact legislation to inform the banks that the people of Canada will now be forgiven the debt and the government will cancel all debt to the government of Canada with a stroke of a pen.
The people essentially of the world should realize this debt to the banks is a tax owing to the banks for money that esentialy never existed in the first place.
Revolutions of years ago were started over stuff like this.
MP Paul Martin was instrumental for turning over this responsibilty to the banks. He was questioned not so long ago about how the banking system works. He stumbled and stammered and had no idea how the banking system works. He's a true asshole that passes legislation but has no idea why he is doing so.
"Now the banks have been given this responsibility to create money and we now have runaway debt and anyone that has a loan including the government with these banks essentially pays a tax to the banking system for money that never existed in the first place'"
No, now you finally have rothchild et al owning your country as they now do Irag, Egypt , and America since 1913, etc, etc
Which god does Iceland follow?
So, forcing bankers to face their margin call and liquidation is a "revolutionary approach"?
I wonder if Americans could pool their resources and hire the Icelandic government under contract as consultants to clean house, senate, executive and judicial branches of US government of corruption?
I'd chip in $1000 if the outcome had even a 51% chance of being in favor of The People.
EDIT: "The People" being the downtrodden tax serfs supporting the FSA - NOT the FSA itself. Don't work - don't eat... in most cases anyway.
What happened in Iceland is a wonderful event. It happened mainly because of it's population is very homogenized and small. Their collective views on a wide range of topics would have a very low standard deviation for example.
Nationalism.
A country with a high influx of immigrants, would have a high Std Dev, no consensus on anything and those types of events become harder to do.
Why do you think globalist encourage diaspora, and migration. A decrease in the agreement of "who we are."
YESSIRREE!
A most excellent, succinct insight.
"It happened mainly because of it's population is very homogenized and small. "
Agreed, but give it a couple of decades. With a total population of only 300,000 they're inviting in tens of thousands of Africans and Middle Easterners. This guy alone wants to have no fewer than 12 children...Icelanders on average have 2 children.
http://www.huffingtonpost.co.uk/2015/09/01/icelanders-homes-syrian-refug...
There you go! If all the huge financial predators had vanished as they should have in 2008... the economy in the USSA (and world) would be much better now.
Case closed.
End the fed.
End all central banks.
End all governments too.
Hell, they're all fictions anyway, so why not?
Oh, and hang all the human predators who have been pretending to be those fictions. That's most important. But nobody will, which is why humans are finished.
Great Idea!!!
Let's do the same with JP Morgan, Citi, and Wells..................................... Ooops! - with FASB 157 STILL suspended for the criminal banks - they are STILL insolvent..........
Nevermind.
How long until it is suspected Iceland has WMD's?
Imagine what a monoculture the size of Aurora Colorado can do!
Damn, was trying to enlarge that pic of the scantily-clad girls but ZH blocks me.
Now what was that about banksters again?
Beats buying Japanese govt. bonds to get laid LOL.....................