Whether it is Europe’s PIGS [Portugal, Italy, Greece, Spain] or the United States of America’s crazies, unlike them all Iceland’s populace chose not to bailout foreign or domestic domination of their would-be banksters. And that is laudable, an existential act of choosing freedom, i.e., life versus financial strangulation under outrageous debt and usurious interest.
In Iceland Declares Independence from International Banks, Bill Wilson writes “On April 9, the fiercely independent people of [the] island-nation defeated a referendum that would have bailed out the UK and the Netherlands who had covered the deposits of British and Dutch investors who had lost funds in Icesave bank in 2008.” Ah, poor Brits and Dutch.
“At the time of the bank’s failure, Iceland refused to cover the losses. But the UK and Netherlands nonetheless have demanded that Iceland repay them for the ‘loan’ as a condition for admission into the European Union.” I personally say “screw admission to the European Union because it is the illegitimate child of the IMF and NWO. Genetically, it’s doomed to fail, given the varied family traits of its progenitors, who have historically proven fiercely independent themselves.
What’s more, this bon-bon of the European Union was offered up to them by the likes of the Bilderbergers, the IMF’ers, World Bankers, all the one-world government folks who want to remove national character and ethnic diversity and package us all under the whacking banner of the Euro and its obscene union, heil!
People, for all their similarities, are different. They move and dance at different tempos, go zig when others zag, enjoy the accordion or Bouzouki, brown teeth or white, pasta or pastilles, diphthongs or vowels, being buttoned up or hanging loose. That’s part of the beauty of life. Some make it on a hunk of whale meat and others need to salt away billions in the bank. Bottom line: one man’s meat is another’s poison and versa visa.
The thing is the Icelandic people were facing a loan to be a Euro Zoner of 2.35 billion pounds to the UK, and 1.32 billion to the Netherlands by 2046 at a 3 percent interest rate. They gave a rousing “later” twice so far to what Wilson says would have been equal to 10 times Iceland’s $12 billion GDP. Bully, I say for them, twice, bully, bully! to the economic bullies of the financial universe, who just love to lay their losses, i.e., financial crises at the feet of the entire taxpaying population.
If America had “just said no” to Hank Paulson, his brother Obama, Tim Geithner, Larry Summers, and the rest of the car wrecks, we wouldn’t be sitting with a $14.3 trillion national deficit while not even being able to afford to raise the debt ceiling so we don’t default to our lenders. Why do we continue to socialize bankster excesses and allow them to privatize their profits, taking trillions more in tax cuts, millions in personal bonuses, and pull the gold out of your teeth if you’re lucky enough to have some. I have hardened chewing gum.
In Iceland, the voters “just said no” despite the bullies’ threats to freeze out Iceland from funding in international financial institutions, which is like not being allowed to dive in a shark tank or walk into the poison snake cage in Central Park. The whole banking world of the US is rigged by the Federal Reserve Bank, Capo del Capos of 11 other US Central banks, plus all the Mafia soldier banks around the world that they relate to. Freezing them out is financial nirvana. Ba fon colo is my personal advice to them.
But just for saying “no,” the bank Mafiosi have downgraded Iceland’s national debt with their hand-picked, pick-pocket “credit agencies,” who have as much integrity as a hungry tiger at a kids’ birthday party. Defying the pinstriped monsters will earn you their everlasting enmity, which is the good news. Now, they will be “big enough to fail,” over and over again, until they stop acting like the sleezeballs they are. The only reason they grew so big was by dedicatedly, ruthlessly demolishing every law, regulation and rule in their way, from Glass-Steagall into oblivion.
Thanks to them, we have their casino economy where trillions in derivatives created a lack of liquidity after dispossessing millions of Americans from their homes with their subprime lending for homes, cars, and deceptive lending for credit cards. They bundled their crap foreclosures, only the worst at first, into Collateralized Debt Obligations and even bought a fraction of them themselves to inspire their victimized clients to buy like the big guys, in the billions, and get killed. This is what we would be missing.
And of our course, we would miss the FED, that was illegally, unconstitutionally handed the right via the secretly drawn-up and stealthily passed Federal Reserve Act to independent bankers to coin and print our money, including the Rothschilds, JP Morgan, Rockefellers’ Chase, Lazard Brothers, Kuhn Loeb, Goldman Sucks, and Warburg of Amsterdam, after Paul Warburg who wrote up the Federal Reserve Act, stealing our right to print our money, which became theirs and also to charge interest on as the ink dried. Nice.
Three-hundred people became the initial stockholders of the Federal Reserve System at $100 per share, utilizing fractional lending like no one since the 16th century goldsmiths’ banks. The stock’s not publicly traded and the FED collects billions of dollars in interest annually. They also handed Woodrow Wilson, ex-Princeton University President $85,000 to make sure Congress pushed the bill through and he signed it. These are just some of my favorite things about participating with international banksters. For $460 million we could legally buy back all those initial shares, hint, hint.
The last sting is that the FED and company drew us into the Bolshevik Revolution, World Wars 1 and 2 and now 3 because war needs money like blood. And we never stopped bleeding money thanks to the FED. So, think of those poor Icelanders who have been denied access to these central banks. In fact, they cut so deeply into U.S. revenues with their wars that we needed to create an income tax via the questionable 16th Amendment to bleed us dry some more, now featuring a regressive tax (the more you make you less you pay percentagewise as opposed to the traditional and successful progressive income tax, the more you make the more you pay).
So I think Iceland “just saying no” twice is heroic, the way to go into this dark night of the 21st Century, ushered in by 9/11 and the hegemonic War on Terror, TWOT for short and for sure. I think “just say no” is a boon to the people of the world because the Money has come to control all, if we let it. But let us permit people to barter strawberries for fresh ham if they wish and have a life of their own. That’s the real bottom line. Keep the bears and bulls out of your backyard or pay the real price of their booms and busts, contractions and expansions, inflation, deflation, recession, depression, inflation, hyper-inflation, Oz-like rainbow of pure crap, which is the nothing under it all, a void of impoverishing yammer.
And here’s to Iceland, brave land, land of intelligent people who voted 58.5 percent to 39.7 percent “no” to the banksters, a veto by any standard. In 2009, it was 93.2 percent to everybody else, so that means the creeps, they are a-gaining on we people of the ice. So we have to pump harder like Olympic skaters to widen the margin (bad word), distance is better, far better, far, far better, bye-bye better!
Jerry Mazza is a freelance writer, life-long resident of New York City. An EBook version of his book of poems “State Of Shock,” on 9/11 and its after effects is now available at Amazon.com and Barnesandnoble.com. He has also written hundreds of articles on politics and government as Associate Editor of Intrepid Report (formerly Online Journal). Reach him at firstname.lastname@example.org.