Stacy Summary: Another thread for Iceland; the story of our time. What do you think the next step will be? Sounds like the government is determined to strike a deal with the UK and Netherlands that the people of Iceland should pay the private debts of one bank. Any interesting links you have regarding the Iceland situation here too please!
  |
 |
 |
Most recent: 
![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
@Max
And Greece’s debt Max ???????? 12 times more !
And off balance sheet’s USA liabilities ??????? 80 trillion !
Thomas Vermes of ABC nyheter is one of the very few Norwegian journalists who does a decent job on the Icelandic saga.
The comments show how the general opinion have shifted from holding the Icelanders responisble ( for electing a government who caused the crisis) to a more balanced view.
The Norwegian government, as usual, belives only in democracy the East-German way.
Finansminister Steingrimur Sigufson seems quite optimistic about the economic outlook for Iceland.
Cheering for the Icelandic krona : http://tinyurl.com/ydka9we
Original : http://tinyurl.com/y8fkrbh
@The Man from Glad
Actually it is the Force 10 from Navarone http://www.imdb.com/title/tt0077572/
The explosive went of but the dam is not bursting right away. But slowly and gradually the dam cracks and the water force does do the rest. So from a small crack to an exponential burst.
The Dambusters – The First Dam
http://www.youtube.com/watch?v=lCRIsjJFRNo
The Dambusters – The Second Dam
http://www.youtube.com/watch?v=JM1VGw0wM7k
Dambusters Anniversary Flypast
http://www.youtube.com/watch?v=m1OuyIe0pig
@maxkeiser, The critique of the “Price System” in the Awakening video the viewer sent you a link to is derived from Technocracy, Inc.
I Am The Price System R. B. Langan, Great lakes Technocrat, April 1944
http://www.archive.org/details/IAmThePriceSystem
@Mike2liverpool
Be patient. Ever saw the movie The Dam Busters (1955) ? http://www.imdb.com/title/tt0046889/
Jobs bill will not help NYC’s unemployment http://www.nypost.com/p/news/business/not_hiring_here_QtQKPUd9S1eR3DLUztBXgN
Iceland vote on referendum already being conflated with Swiss vote on minarets.
‘…Swiss citizens do not hesitate in constraining the liberties of minorities in their referendums. It appears that these tools of ”direct democracy” are most appealing to politicians in need of a quick image fix. Is Olafur Ragnar Grimsson really serious when he says that Icelandic voters are equipped en-masse to interpret Basel II directives, EEA agreements, ECOFIN reports and international agreements in a well-balanced and objective manner?’
http://www.economicdisasterarea.com/index.php/editorial/icesave-nothing-ever-gets-built-from-trenches/
After tey craped on sand tey went ta the Seas ta wash tear @#$%
lolololololol Dubai World nonsense and Dubai Palm to wipe
lolololololololl
Hic
Was the Crash of an Icelandic Bank Icesave in the Netherlands Avoidable?
By Boris Agranovich
‘Let’s have a look now at the liquidity risk of Landsbanki at that time.
The original Basel II accord did not include liquidity requirements and a document named “Liquidity Risk:Management and Supervisory Challenges” dated February 2008 was the main source in defining the liquidity risk framework.
In that document the following elements were highlighted: liquidity policies, stress tests, scenario analyses, contingency funding plans, setting of limits, reporting requirements and public disclosure
It is worth mentioning that one important differentiating factor across regimes is the extent to which supervisors prescribe detailed limits on the liquidity risk and insurance that banks should hold. This is in contrast to an approach that relies more on reviewing and strengthening banks’ internal risk management systems, methods and reports.
The core sentence is: the application of liquidity regimes on a local management or legal entity basis requires that each legal entity be sufficiently robust with regard to external shocks. This may require a pool of liquid assets to be held locally, or for each entity to have independent access to contingent liquidity lines.
This pool has been requested by the DNB from Landsbanki but only just before the Landsbanki collapsed (September 2008).’
http://ezinearticles.com/?Was-the-Crash-of-an-Icelandic-Bank-Icesave-in-the-Netherlands-Avoidable?&id=3714772
Morning Max, where the crash?
Mike
@Bonn
cute but ignorant like a cow.
The person to invent a way to truely reinvent things would be the ultimate mega uber genius..
@ Max
If so 80 x 4 Dubais debt
Even I tot 80 bill was too less I mean tat Tallest buildin itself was 2 bill
Also Is Standar Charterd Bank exposed to tis stupid city in ta Sand ????
Also which are ta banks Exposed ta tis “Crap of Dubai”
Hey nice ring to it “Crap of Dubai”
Hic
lolololololololol
http://www.infowars.com/alex-jones-on-geraldo-media-sought-to-demonize-911-truth-with-pentagon-incident-link/
Geraldo tries but fails again toe ta chick Kimberly is cute
Hic
Farmville introduces gold coins..Is this some kind of training program or something? Are Apple users the ‘chosen ones’ to ‘populate the new earth’?
@Phil /Germany
EMU suppose to be a monetary union for crying out loud !?
So in fact we could do without the EU cause when there’s a problem you just create a monetary fund.
dubai’s debts are now estimated to be 4 X’s the orignal 80 bn. estimate (as i mentioned on RT a few months ago)
http://networkedblogs.com/Wuq8
Aussie underwear has gone bananas http://www.reuters.com/article/idUSTRE6243V520100305
Europe set to establish monetary fund to aid stability
( EMF instead of IMF )
http://business.timesonline.co.uk/tol/business/economics/article7053432.ece
You can always trust politicians to be inventive .. anything to avoid reality, common sense and honesty with the public !
Create a new committee, with loads of new civil-servants and politicians – but the source of the problem ( debt ) remains of course !
What Youri another Earth quake ?????
Nibiru harp gone wrong ??? tey was tryin Greece ???
Talkin bout Granny
DJ granny Ruth Flowers takes Paris nightclubs by storm http://news.bbc.co.uk/2/hi/entertainment/8550942.stm
Strong quake hits eastern Turkey http://news.bbc.co.uk/2/hi/europe/8554857.stm?ls
Check out the photo of Strauss-Kahn of the IMF.
He looks like he is trying to keep his head above water, or is it debt and false accounting methods he is drowning in.
http://news.bbc.co.uk/2/hi/business/8554899.stm
@maxkeiser, An interview between you and a reprerentative of Tehnocracy, Inc. could be very informative. Some of your observations in the latest TAM were substantially in accord with TI, and it offers a novel take on the credit crisis. They’ve been predicting as much for decades. It’s notable for applying models from engineering, and physics, to economics starting in the 1930′s, prefiguring the use of the sort of models Keen calls for. And your differing perspectives on the role of savings should make for a lively exchange.
FDIC prodding pension funds to invest in failed banks: report 8 March 2010, (Reuters) http://www.reuters.com/article/idUSTRE6271TO20100308?type=GCA-Economy2010
iceland pays the brits and all else the debt,. thats what happens next.
you had your democracy now shut up and pay your taxes.
Air France-KLM traffic falls 2.2% in Feb. http://www.marketwatch.com/story/air-france-klm-traffic-falls-22-in-feb-2010-03-08
Chinese central bank Gov. Zhou Xiaochuan said China will in due course move away from its current currency-exchange policy, indicating Beijing doesn’t plan to keep the yuan’s de-facto peg to the U.S. dollar indefinitely, according to reports.
China central bank chief: Yuan policy to change, but not yet http://www.marketwatch.com/story/china-central-bank-chief-yuan-policy-to-change-2010-03-07
Max
http://www.alternet.org/economy/145782/how_did_a_bank_lobbyist_score_the_top
_bank_regulator_job?page=entire
Too big to fail banks were a ticking time bomb, but they might not have
ravaged the global economy in 2008 without major shortcomings in consumer
protection over the previous five years. As head of the Office of the
Comptroller of the Currency, John Dugan played a leading role in gutting the
consumer protection system, allowing big banks to take outrageous risks on
the predatory mortgages that led to millions of foreclosures.
“For years, the OCC has had the power and the responsibility to protect both
banks and consumers, and it has consistently thrown the consumer under the
bus,” says Harvard University Law School professor Elizabeth Warren, chair
of the Congressional Oversight Panel for the Troubled Asset Relief Program.
“The result has not only been no consumer protection but also a collapsed
banking system. That is why we so urgently need a separate agency in
Washington that is specifically focused on protecting families from credit
tricks and traps.”
Hi Max,
Does this guy turn economics on its head? He analyzes the crisis from
a most original economic perspective, heavy in Physics analogies, and
then advocates the scientific re-engineering of human society.
http://www.youtube.com/watch?v=cAjFBsp__aE&feature=popt1dus01
Hi Max, Stacy,
As always your shows are great. Especially the weekend editions:)
Here is an update from Ontario, Canada. Note below GS has been retained to advise on selling off provincial, crown assets for “deficit reduction.”
Would be great if you could dedicate sometime talking to the credible Canadian Economists David Rosenberg or Jeffery Rubin to discuss Canada sometime.
Best,
David
McGuinty eyes selling shares in LCBO, Hydro One
March 06, 2010
Robert Benzie
{{GA_Article.Images.Alttext$}}
Finance Minister Dwight Duncan hinted at the proposed sale. (March 5, 2010)
CHRIS YOUNG/THE CANADIAN PRESS
The Ontario government is looking at creating a publicly held $60 billion “super corporation” of assets such as the Liquor Control Board of Ontario and Hydro One and then selling a minority share to private investors, sources told the Star.
Insiders say that is an option under active consideration as part of Premier Dalton McGuinty’s ambitious five-year plan called Open Ontario, which will be spelled out in Monday’s Speech from the Throne.
While government sources insist nothing is set in stone, McGuinty is aggressively seeking ways to maximize the value of the province’s considerable holdings and at the same time jolt the economy.
A “super corporation” of the 610-store LCBO booze monopoly, the Ontario Lottery and Gaming Corp. gambling empire, and blue-chip utilities Ontario Power Generation and Hydro One, could be worth between $50 billion and $60 billion.
Unlike the failed scheme by the previous Progressive Conservative government to sell Hydro One in 2002, the Liberals would not have an outright sale of Crown holdings.
Nor would any deal be structured like the Tories’ controversial 1999 liquidation of Highway 407 for $3.1 billion, which has led to soaring tolls for drivers.
“You would put all the assets inside a shell and then issue shares on that shell. That way there’s still an element of public ownership,” a Liberal insider said Friday.
“Then, perhaps one-third or slightly less than half of the shares would be sold. There would be foreign ownership limits, no single shareholder would be able to own more than 5 per cent, and the shares wouldn’t just be sold to institutional investors,” the source said.
Selling a minority share of the new holding company could bring in anywhere from $18 billion to $25 billion, a massive cash bonanza for a government saddled with a record $24.7 billion deficit and facing re-election in October 2011.
“It would satisfy the left because you would still have unionized workers at these publicly owned entities and it would satisfy the right, which always wants to privatize things,” the Liberal said.
“The only downside is if the market doesn’t react positively to it.”
Another official close to McGuinty, who regularly consults with business leaders like TD Bank chair Ed Clark, emphasized “the decision has not been made.”
But in a major speech Friday, Finance Minister Dwight Duncan telegraphed that the government, which has paid CIBC World Markets and Goldman Sachs about $200,000 to examine the value of public holdings, is moving in this direction.
Speaking to a Canadian Club luncheon at the Fairmont Royal York Hotel, Duncan admitted he was “doing what the spinmeisters call preconditioning” on the eve of the throne speech and a provincial budget later this month.
“The upcoming throne speech and budget will not announce the sale of any asset we currently own,” Duncan told a business audience of about 400 people before dropping major hints about future plans.
“We will, however, continue to examine whether our government businesses could be unleashed to provide new jobs and economic opportunity for Ontario families,” he said, emphasizing there would be widespread public consultation on any such move.
Tellingly, other government officials interviewed Friday repeatedly used the term “unleashed” when referring to a need for publicly held assets to realize their potential.
“There are new models for maximizing assets that protect and preserve the public interest. It is possible to significantly increase revenue and maintain regulatory control,” said Duncan.
“The question we’re grappling with is: are our assets being maximized to the advantage of all Ontarians?”
While the Liberals ran against privatization in the 2003 and 2007 elections, they have embraced public-private partnerships (P3s) to build dozens of new hospitals.
“As we review and research our options, we’ve established a number of principles: government regulation and protection of the services provided to Ontarians are critical,” said Duncan.
“Any changes to the structure of our assets must create jobs and growth. The bottom line is simple: our objective is the long-term interest of all Ontarians.”
But opposition critics are skeptical. Tory MPP Norm Miller (Parry Sound-Muskoka) warned that “having a fire sale of assets is not the right approach.”
New Democrat MPP Peter Tabuns (Toronto-Danforth) said “it worries me a lot” to hear Duncan talk of further privatization.
http://www.thestar.com/news/ontario/article/775924–mcguinty-eyes-selling-shares-in-lcbo-hydro-one
Dear Max,
I just want to say I am a big fan of your show and I do believe that you are a straight-shooter. I have watched your videos over the past year. I honestly do not know what is happening in this economy, or country, any longer. I am just plain confused about the economy and financial markets. I listen to CNBC daily, and one person may say things are getting better then others say they are not getting better. One thing is for sure- the stock market is rising.
I sell Real Estate in NJ (USA), in an affluent area. I have seen deals go down in the multi-million dollar range over and over during this crisis. Of course, they are somewhat discounted, and sales are not as brisk, but there are sales. I have invested money, since 1990, in equities and mutual funds. This was the worse thing I have ever done in my life. The really bad thing is I turned day trader. In the past year, I have lost substantial amountsof money doing this. My life savings is down to almost nothing Time after time, during this past crisis, I’ve been shorting this market through triple direction funds. I have listened to you, Dr. Doom (aka Mark Faber) and others trying to get clear direction, so I can at least get some of this money back.
Following this truth that you and others speak of has not seemed to work for me. Honestly I’m in tears and terribly depressed everyday. I have worked so damn hard for what I earned in my life in a very honest manner. I know you have been a wall streeter for many years. What advice would you give me at this point? You seem to have much insight on what really is going on in this world. Do I run out and buy a gun because the future is so bleak as you and others portray? Will the economy be saved by the Federal Government? Will the equity markets continue to rise? Should I continue to short the S&P? I don’t know Max. Did you ever loose a substantial amounts of money? Is this why you left wall street and seem to have such a vendetta with Goldman Sachs, the Federal Reserve, etc? I’m feeling against them in the same way as you my friend. I can tell how corrupt everything seems. Any insight as to what I should do now would be much appreciated. With all sincerity, Mike in NJ
MK: the five stages of grief apply to the loss of one’s country as well. Deal with the acceptance part of the cycle.
Those who love the US understand that the best thing at this point would be to let it collapse and rebuild from scratch.
max re: appearence on AJ show
can you put ina plug for Ellen Brown’s state banking idea?
and that we are putting together a petition page for grass root support for state banks in every state
its our last chance chance to abolish the private federal reserve cartel IMO..
would sureappreciate..thanks Max..Randy N.
Iceland Voters Reject Repayment Plan http://dealbook.blogs.nytimes.com/2010/03/07/iceland-voters-reject-repayment-plan/ With about 98 percent of the votes counted Sunday, roughly 93 percent of voters said no to the plan, in the first public referendum ever held on any subject in Iceland. Less than 2 percent voted yes, and the rest of the votes were invalid. “We want to be perfectly clear that a ‘no’ vote does not mean we are refusing to pay,” Finance Minister Steingrimur Sigfusson said. “We will honor our obligations. To maintain anything else is highly dangerous for the economy of this country.”
(so more riots on the way? or is it just like the lisbon treaty: let people vote just as symbolism and give them the idea they have control/power while ramming it trough Anyways Support Iceland(ers) bust the banksters)
Hi Max!
I’m an ordinary middle-class Finnish guy who’s worried about his own
behind in these crazy times, just like anyone else.
Well, I’ve started writing a few different sentences here now, but
it’s difficult to make this e-mail look any more glamorous than it’s
bound to be..
So, I’ll just blurt it out:
I’d like to know if you think it’s a realistic idea that first-world
countries could become third-world countries as the result of whatever
new collapse is coming, and what exactly would it even mean in
practise?
Take this guy for example:
On a yet another hand, I’ve learned that
http://thearchdruidreport.blogspot.com/2010/02/becoming-third-world-country.html
– He sounds fairly convincing, but on the other hand, he calls
himself a “Druid”, so..
every time someone sounds “weird”, he might still be right.
I just can’t wrap my head around any of these predictions/visions, and
of course, I’d like to hear someone predict something else besides all
normal people having to fight for survival every day, and I’d like
that someone to be a credible guy
Recently, all the noises being made about Greece etc got me worried
enough to finally do something, and last weekend I bought 10 000 euros
worth of gold coins. I guess I’m now ahead of 99% of “normal people”,
but somehow that doesn’t feel very comforting.
Alright, I guess this is enough rambling for now.
What do you expect will happen after the next collapse? Do you think
any currency out of the dollar, euro, yen and pound will survive and
become the next dominant one?
I’m planning/hoping to be able to move to Japan/Asia maybe in the
summer, but a world-wide economic collapse might be somewhat of a
burden on those plans too.
In any case, it would be great if you could offer some advice!
Best Wishes,
Jukka
The infant supranational, internationalist power is trying the “I can’t hear you, I’m just going to pretend you’re not here” avoidance strategy common to all infants. Once they realize that doesn’t work, watch out for the inevitable tantrums, also common to infants. Behold, the ‘smartest guy in the room” “superclass.”
Police told to arrest innocent people to meet targets http://www.youtube.com/watch?v=jdxMjjTu44s
@California Doctor
Arnold Schwarzenegger is the Terminator after all. Only look out that he doesn’t terminate your Grannie.
The Voice of Russia
http://en.wikipedia.org/wiki/Voice_of_Russia
needs to bring back their Icelandic service.
It would be nice if VOR could rent time on local radio stations in Iceland to do this, but this is by no means guaranteed.
The soul reason for bringing back the Icelandic service should be to persuade Iceland away from the NATO grouping … as clearly this has led to nothing but bankruptcy.
Icelandic language services that were:
BBC Empire Service : 1942 – 1944
@Howard –
Speaking as a physician in the Golden State… the gold must be debased with Tungsten big time.
The educational system has utterly failed the kids of this state. For this reason, they can not spell, can not speak, and can not read. They can not do the math that other people can easily comprehend.
Recently a local school district collapsed school budgets, pushed 32-34 kids per elementary school room and began having desks in hallways for some kids because they ran out of space in the classrooms. Mind you, this was a formerly affluent, predominately white area…
The white flight is profound. In one private office, they have lost 100 patients in the last 3 months due to families fleeing this state.
Gordo
Many key people from the Bush administration were retained. I don’t know if Obama personally knows anything. He is not stupid. He may suspect but he will tow the line on the official policy. Even if 6 of 10 of the 911 Commissioners publicly stated that information was withheld and a real investigation never occurred, Obama will go along to get along. But I have little doubt, some people in his administration know the real story.
Besides the disagreement on that point, what did you think of Salbuchi?
@Jon
“If only people in the usa had a backbone like iceland and other countrys willing to stand up for true freedom.”
The average American is an utter moron. I’ve been warning about the housing bubble since 2005, the NASDAQ bubble for years before it burst, and all I’ve managed to do over the years is create the indelible misunderstanding in my ex-friends minds that I am some kind of doomer or madman…
America is fucked. There will be no mercy, no reprieve; nothing resembling civility when the final collapse comes. And I’ll watch from the distance on my farm in Canada.
As a teacher who has taught in Mexico, Central America, Japan, South Korea and California, I can say without the slightest hesitation: America is a third world that has simply not looked in the mirror lately…
Stacy, I believe that the current global predicaments are rooted in the Master-slave morality dichotomy. A review on Wikipedia, even for Nietzsche readers, is enlightening:
http://en.wikipedia.org/wiki/Master-slave_morality
I am sympathetic to your liberal inclinations, but they are rooted in false basic assumptions about reality and human existence. See Nietzsche BGE, “What is Noble?” for clarification and edification.
Please, my fellow Hyperboreans, read THE ANTICHRIST pamphlet by Nietzsche explaining our historical trajectory.
http://books.google.com/books?id=0ao8AAAAYAAJ&printsec=frontcover&dq=nietzsche+the+antichrist&source=bl&ots=W30cqbOHaE&sig=cmzfQSkmSGTbB2k7WySYCj8DGUY&hl=en&ei=KJyUS4iKKYjwsQOFqPD8Aw&sa=X&oi=book_result&ct=result&resnum=2&ved=0CAkQ6AEwAQ#v=onepage&q=&f=false
Doubt the Obama admin knows much about it.
Republicans do not generally cooperate much with Obama or the Democrats.
http://www.youtube.com/watch?v=mmLXc9SZ8sU
File into the system
Two copies purchased of everything
One to use, one to save
Double entry recording system
Clear plastic folder for all copies
One copy used, one copy saved
@Marc -
Your comment about California gold rusting is only partly correct.
The national parks of California are tremendous and are the source of California’s strong environmental defense ideology. John Muir trail is superb and the California coast is phenomenal also. Hopefully the current economic disaster will not cause these parks and lands to decay, though it is a possibility.
The rust is really occurring in our metropolitan centers, like Los Angeles, and also in the rural areas. There are rural counties with unemployment rates surpassing 25%.
The state of California productivity is signficantly down due to the anti-business and anti-productivity positions of our legislators and Governor.
Arnold Schwarzeneggar terminated the future of Calfornia for the next 10 years with his poor ability.
Jerry Brown looks to be the next governor of California. If he keeps his health, it is my view that he should be elected governor and then be given a shot at the Presidency of the United States in 2012 if Obama continues to suck up to the banks.
Jerry Brown has had consistent populist positions for the past 30 years. He also has been an advocate of renewable energy.
@Gordo
Salbuchi believing that Clinton must have known because of the length of preparation time required is a stretch. No evidence exists that I know of that would implicate Clinton. Clinton gave us NAFTA. He is a traitor on that measure alone.
i jab your jib madmax
Mar 8, 2010 at 5:00 am
sorry for the delayed sunday revue
Robert Newman’s History of Oil ( 1 of 9 )
http://www.youtube.com/watch?v=kQhhrzHKMhI
Alex Jones interviews Greg Palast 2006 Back In Time- Big Oil & The Armed Madhouse – (1/6)
http://www.youtube.com/watch?v=NuT1vnhuMVc
The Panama Deception 1/12
http://www.youtube.com/watch?v=yD1gDC-jXdE
Christopher Hitchens Trials of Kissinger p1
http://www.youtube.com/watch?v=OpMuH0FYmCk
Noam Chomsky vs. William F. Buckley Debate : Part 1 of 2
http://www.youtube.com/watch?v=VYlMEVTa-PI
George Carlin and Bill Hicks tell it like it is
http://www.youtube.com/watch?v=sQ3xxwQvVnE
John the ‘hitman’ perkins live
http://video.google.com/videoplay?docid=3968544393356669182&q=john+perkins&hl=en#
Sybil Edmonds KILL THE MESSENGER – UNE FEMME A ABATTRE
http://justacitizen.com/KillTheMessenger.html
ALPHAVILLE – JEAN LUC GODARD – FUTURISTIC SCI-FI DYSTOPIA
http://www.youtube.com/watch?v=_LQ9BOlEKEg
The Road Warrior (Max Max 2) – Part 1
http://www.youtube.com/watch?v=wMIqwSJViBM&feature=PlayList&p=144BEC88EA64A2BF&playnext=1&playnext_from=PL&index=46
This one’s for you BONN!
Slayer – Disciple/God Hates Us All (Special Edit)
http://www.youtube.com/watch?v=r2Rxbnjrm7o
Your comment is awaiting moderation.
@Gordo
If it is a cover up, and I believe it is, then Obama’s administration would know something about it. How much? Who knows. If something is known to have occurred illegally and to do nothing is a cover up. Not so far fetched.
yo macarthur
i posted that nixon denial as a joke about hypocyisy, anyhow check out my postings on the sunday video club, they got moderated so you know they’re good!
http://www.freedocumentaries.org/
What’s cool is that the site has documentaries for multilinguals like moi.
Enjoy et bon appétit !
Freedpcumentaries.org
Interesting site regrouping all the free documentaries classics. Operates from la France encore libre.
http://www.freedocumentaries.org/
now the CIA’s boy in France is huffing and puffing, unless the sovereign states want to start treating these people like Existential threats and do what the Israelis did in Dubai then they’ll just roll on through wrecking havoc, they need the proverbial Godfather moment to reign em in, some one needs to wake up with a horses head in their bed
marc authier, good question. Right now my nephew is going into the army because he couldn’ t find a job being an electrican. They know what bullcraap the usa military is. But they can overlook that so he has a job. Pretty odd.
I don’t know. I’m guessing most of the usa is in some kind of financial trance. The last 10 to 12 years has been about greed and making bundles of money off of one scam or another. Then the elite pulled the plug finally. Probably good timing on thier point. So folks are more worried about money than anything else. The elites aren’t dumb. They probably know how to make people do whatever they want.
@jon
Apparently USA needs another Vietnam lesson. Nothing learned with public opinion. I know you know Jon. You are intelligent. The problem is public opinion in the USA. Where in hell are the opposition and the public opinion in this country ?
I am sure the speculators are really scared by Sarko-zizi ? Freakin clown. Want to know what will happen next ? The speculators will start attacking french bond market too. Oh là là ! The speculators must be really shaking in their boots and pissing in their pants. Booo !
marc authier. I know that. I was drafted into viet nam. Big wake up call there. I knew it was bullcraap before I went in thanks to others that had gone before me. So I was sort of ready. So I survived. Alot of friends didn’t though.
The usa goverment learned from that. They learned they have to come up with better excuses why they are gonna screw you over.
Salbuchi – 2010 Forecast Status Report at 05March10
Truly Loony blaming the Obama administration for the 911 cover-up??
This is one case where pharmaceuticals are called for.
Hay Sarkozy.
Don’t mess with the speculators, you may be next…..
http://www.smh.com.au/business/sarkozy-warns-speculators-lay-off-greece-20100308-pryd.html
@Jon
By the way, no pun, I am dead serious about our godamn dear and loving governments. They couldn’t care a fuck about you. The NWO is not really preoccupied by your health. They want to eliminate you because they are all eugenists. Greenies but a special typr of greenie more preoccupied by baby seals that human babies. Adolf Hitler is a bankster. They are many ways of killing a person indeed. War is “dépassé” indeed. It”s reserved for poor african countries or the Arabs or Iran. In the west they proceed like in Greece and Iceland.
SOT jibjab blather
http://tinyurl.com/ya9wmn2
“universal health care “savings”"
@California Doctor
Party time at California universities. Riots galore ! It’s just a “avant goût” an “appetizers” of the Californian dream. The golden state is rusting.
Fool’s gold.
http://globaleconomicanalysis.blogspot.com/2010/03/university-of-california-campus-erupts.html
Hey Marc A I am in the USA and Iam trying to enjoy it while it s left (current Style) while preparing to survive on nothing. I agree it is coming. Sorry I cant spell I get excited to see new of upcoming disaster.
Will China really unpeg from the dollar Finicial times has a story sayiong they are looking into it on the heals of BO saying he would get tought on trade policies with China to protect US compainies. AH!!!! The New World ORder. To each according to his needs.
@Jon
Or a real long vacation and reeducation in a nice FEMA camp.
@Jon
Easy. By starving you and killing you with the help of your dear and loving government.
WEre all just waiting to see what the bankster elite do next. What we do know is they don’t want to loose thier control and power. So what are their next steps.
Got to think all the elite banksters are planning and planning on how to further empower themselves. Not good for the rest of us.
@For you USA folks.
The 80 trillion dollars is the OFF BALANCE stuff. It’s just the off balance liabilies for social security and pensions. Don’t count retiring until you die in USA. Bah. It will the same freakin thing in Europe and Canada very soon with the type of bastards in power. Enjoy each day as it was your last. It’s about the only sain and optimist advice I can give you. One day at a time..
http://market-ticker.denninger.net/archives/2053-Oh,-The-Off-Balance-Sheet-Lies-Are-International.html
@WL
Greece debt suddenly explodes 12 times !
Dubai debt suddenly explodes 4 times !
Total USA liabilities suddenly explode to 80 trillion !
http://market-ticker.denninger.net/archives/2053-Oh,-The-Off-Balance-Sheet-Lies-Are-International.html
Capital punishment is justified and justifiable. Iceland should give the example.
http://www.shadowstats.com/imgs/2009/520/zim_dollar_sign.jpg
Zim Dollar worthless as toilet paper… as proven by this photo on shadow stats
Will the UK Sterling and the US Dollar join the Zim Dollar in the crapper?
What was the leverage used againt to GDP’s of Iceland again ? 8 times ? 10 times ? I think Ireland and Switzerland are in the same situation as Iceland. It ain’t finished indeed. Iceland has started a thing that will snowball like an avanlanche and make waves like a massive tsunami. I already see the waves monday morning. Fuckin bankster capital criminals. To think that swiss banks have a leverage of 80 to 1 !!!!!! wouldn’t suprise me seing even this “paradise for crooks and capital flight” going bankrupt exactly like smallish Iceland.
@WL
“I am not a crook.” NIXON. (Yes he was and yes this bankster is.)
Hire a bounty hunter and bring the little bankster bastard back to Iceland and accuse him of high treason and then hang the criminal. Capital crime of ruining a country using many times de GDP in leverage is indeed a crime of high treason and only desserve capital punishment. It would very pedagogical lesson for all the other bastards.
Why should the public assume the private debts of Icesave?
If the British and Dutch insist on having their money by using bullying tactics, why don’t they send in the troops and take it by force?
93% of the population voted NO and the PTB response is “we will find a way around this hurdle” It is pretty clear the decision has been made and the people of Iceland will just have to bend over and take it like a slave …. (or topple the governemnt) They offered the chance to let the people think they were having a say but because the people gave the wrong answer the veil of democracy will be lifted while they proceed as planned against the wishes of 93% of the constituents.
Before Greece, even before Iceland, there was Argentina. Arial Salbuchi, an Argentine, had a front row seat to the systematic destruction of his native economy Argentina. He has been sounding the alarm bells – the same tactics used by the IMF, Goldman Sachs, JP Morgan, and other global players to steal the wealth of a nation will be used all over the world. On this, events bear out his predictions. Bailouts, privatization of national assets are among the schemes tested and perfected in South and Central America and are being ramped up to go after larger fish.
His latest two videos, two parts, review his outlook for 2010. His facts, in my opinion, are spot on. How accurate will his conclusions/predictions be in the future?
Part One: (10:01)
Salbuchi – 2010 Forecast Status Report at 05 March10 – Part 1 of 2
http://www.youtube.com/watch?v=J03j9Zo5oDk
Part Two (10:20):
Salbuchi – 2010 Forecast Status Report at 05 March10 – Part 2 of 2
http://www.youtube.com/watch?v=3W53SvPsOc8
“German Finance Minister Wolfgang Schaeuble indicated that his government is already thinking about how another Greek crisis can be avoided, saying that the euro region should consider creating an institution similar to the International Monetary Fund.
“We shouldn’t rule anything out, including the creation of a European Monetary Fund,” he said in an interview with the Welt am Sonntag newspaper published yesterday.
The comments come after proposals for a European Monetary Fund were put forward last month by Deutsche Bank AG Chief Economist Thomas Mayer and Daniel Gros, director of the Centre for European Policy Studies in Brussels.
The EMF could ease the disruption caused by the failure of a euro member to pay its bills by offering investors new EMF bonds in exchange for the defaulted securities, they said. Investors would be required to take a “haircut.””
http://www.bloomberg.com/apps/news?pid=20601087&sid=a35guBOTC8RE&pos=1
ugh
http://un.ua/eng/article/252548.html
Russia’s PM Putin Calling On Ukraine To Join Common Economic Space Customs Union (17:38, Friday, March 5, 2010)
Mr. Underfundamentalist:
Well, Cleetus done left, but now I knowz fur sure who’z my friends, and it ain’t likely to be you. He’z just snotty bout his gold money. Done ruined him. And that girly’z named Betty-Lou. She’z got so many rocks in hur head it sounds like the tide-leavin-the-shore airytime she get’z close-like. I mean. She’z got three words: yep, nope, and yessum. Don’t know she does much but foller Cleetus bout grinnin’.
Grinnin’z okay if’n there be somethin’ in back of the teeth. But she done got them rocks stuffed in a dark space tween her ears: ain’t no air moving but just settin’ like heavy a’back of that grin.
Seein’ ya like’z Betty, Here’s one fur ya:
http://i167.photobucket.com/albums/u133/Jaytee1227/53.jpg
I’m not a crook either,
http://www.youtube.com/watch?v=sh163n1lJ4M&feature=related
I am not a criminal, insists billionaire behind Icesave
One of the billionaires behind collapsed internet bank Icesave and its parent Landsbanki has denied being “a criminal” in a dramatic interview about Iceland’s banking crash.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7393743/I-am-not-a-criminal-insists-billionaire-behind-Icesave.html
good for you cleetus with a c,
nothin’ like a gurl who smiles all purty like all the time,
mostin’ of ‘em scowl plenty mean non-stop.
@Snoot
What can I say, some things just are like Stacy not pronouncing the “t” in Britain
Whats up with that?
countrys first have to root out the planted elite bankster politcans that were put in place to cause this trouble in the first place.
If only people in the usa had a backbone like iceland and other countrys willing to stand up for true freedom.
@david
“Looks as though Iceland has rejected the bankers, what next?”
….Ireland offers to pay the Icesave debt to the British and Dutch. we’re already fucked, we might as well save Iceland.
Heh, theer WL. Steller is out to back sobbin’ bout somethin’ ta do with a ‘put-down’ and wailin’ bout some con-trap-shun called Acmetal. Is that air’ vee-hick-cal? She sure do beat all. Shoot: I done doubled my money buyin’ gold and bought me my recreational vee-hick-cal. But she’s sure long on words and short on brains. Yuck yuck. Oh, shoot-n-tarnation. Furgut to say this here is Cleetus with a C. Better shimmy off now seein’ the back door done slammed. Look at my new wuman: got gold?
http://journeyamerica.files.wordpress.com/2008/07/redneck-woman.jpg
I see a flying elephant in the MED
oooh purty
http://www.semp.us/images/Biot668PhotoI.jpg
@Snoot
Of course, just use your carbon credit card
ooops
56.720,00
@WL:
Do I get sdr-denominated pension security?
@WL:
That would be 56.719,00. Oh and the last point was a full-stop.
@Snoots
I am not being critical. it was the Academy, I agree with you on most things. cept gold o’ course
Have you ever thought of becoming a professional commenter..
The reserve currency ‘assets’ will not be available to we the new citizens of the Eurasian Steppes aka US-sans-dollar. Global trade will be divorced from the people’s profit and influence. And the same-old-same-olds look set to coupdestaz with flying ensigns and marching bands.
Gonna go buy a parka.
initiate
ugh
@WL:
I was only trying to iniate dialogue. I will put my ‘award’ in the usual receptacle.
And Mr. AcmeMetalic is only parroting the agenda of the sdr-dudes. So don’t go wiping yur nose on yur sleeve.
Wow, red carpet Awards evening
The best Actor award went to Lloyd Blankfein for his portrayal of GOD in the Global Financial Jihad
Best supporting Actor, Barrack Obama for his portrayal of the US President in the Global Financial Jihad
Best director award goes to George Soros for his Global Influence
Special award for the use of the term SDR over 56,719 times within a year goes to Snoot, that is all the card says just Snoot, what is a Snoot…
The waffle award is a tie Max Keiser wins for his inflation/deflation grand unified theory and Max Keiser also wins for not asking his girlfriend to marry him. (What is he over 50 now)
@frances snoot
‘Brink of Default’
The decision jeopardizes the continued flow of loan payments from the International Monetary Fund, Danske Bank A/S Chief Analyst Lars Christensen said in an e-mailed note.
If Iceland doesn’t cover the depositor claims, “the most likely outcome would be a postponement of the payout of money from the IMF, which could potentially push the Icelandic government to the brink of default,” he said. “Iceland’s return to international capital markets now seems very distant.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aujWzg8.dcs4
“The most important thing is to remove (or at least to redistribute) the world load from the old defective system of world currency by transferring it to the system of regional and continental Issue Centres for regional supranational inter-state currency accounting units.”
ugh
“What underlies the development of the whole world? The world capital as an ever reproducing global wealth is the prime mover of its development. And what underlies this capital? The answer is – the system of world currency. And what underlies the system of world currency? The system of world currency is run by the mechanism of its generation and circulation – the laws, procedures, issuers, channels, users etc.”
CURRENCY GYRES~~the climate change phenomena relevant to capital flow!
Relevant or No?
http://www.kazakhstan.org.sg/content/intro.php?act=news&c_id=35
http://www.bloomberg.com/apps/news?pid=20601095&sid=aca71nsqhuWs
Russia May Scrap Ruble for New Customs Union Currency (Update3)
fuck this. bye y’all
@Y’All
decorators… huh, now that was funny, I think stacy has been on a bit of a roll lately!!!
JFK game out with real government money, Oeps!
Hitler who was funded by the Rothschild started printing his own money, Oeps!
@Mike. yo my friend in england.
Every sovereign country should just kick out the central bankers and forget about that debt, and print their own currency. Are we there yet? Peace to all
@MAnFroMGlaD:
Are you indicating that you believe Iceland will not longer have a Finance Ministry?
http://eng.fjarmalaraduneyti.is/ministry/
The finance ministry is tied to international finance. So is the central bank:
http://www.sedlabanki.is/?pageid=194
The krona is also indicated as a member of the global financial community.
I’m sure the Icelandic people haven’t decided to do away with their central bank nor their finance minister. So they are really at the mercy of the G20/ECB.
The story is that we are all going to need to accept global citizenship.
Hi Ron
Mike
@Underfunded. Bonn put on a good rant today. he’s got it. oh ya. hahaha
@Gladman. no growth. fuck that. enough easy money there if they advertise and fish, entertain. build and not grow.
Government Debt Report
http://www.scribd.com/doc/26771662/SG-Report-on-Sovereign-Off-Balance-Sheet-Debt
@ronron
sorry, bad joke, eh, don’t get me wrong, i love that skinny fucker too
@EB: Problem – Reaction – Solution.
They shatered ‘remote way for Euro to challenge dollar’. Euro will never replace dollar, because of all the weeknese revealed in this crises. So when dollar finally crash, new currency will rise, cause Euro is “not safe” – as we see
. New currency can be even seperated from SDR & gold, because when dollar finally fall ‘even SDR will not be safe’. So ‘they’ can eliminate dollar, euro, gold savings.
But, unfortunatly for ‘them’, THAT WILL NOT HAPPEN!
btw…
– in that point whole scheme fails.
USA & EU are allies in combat, but enemies in economic war. Now Iran & such countries will just take another currency to trade with China & Russia. Perhaps gold
Vanity Fair paints a picture of greedy Icelanders hoarding money making more money on the market than they were on fish. Any comments on this? http://www.vanityfair.com/politics/features/2009/04/iceland200904
@FS, If, as threatened, capital markets don’t return to Iceland, it would need to focus on putting its geothermal energy to use producing exports. Smelting aluminium, for instance. And it needs to stay out of the EU, if it wants to protect its fishing industry. (Too bad for Iceland there isn’t more of a market abroad for local delicacies like fermented shark meat, or sheep’s heads.) Iceland may just turn out to be leading the rest of the the developed world in placing its focus back on developing its real economy.
i think bonn would enjoy alice cooper. not?
Looks as though Iceland has rejected the bankers, what next?
Icelanders get screwed and learn about their non-democracy.
On the ease of overstating the fiscal stimulus in the US, 2008-9
“aggregate fiscal expenditure stimulus in the United States, properly adjusted for the declining fiscal expenditure of the fifty states, was close to zero in 2009.”
Hum where’s the inflation?
http://www.nber.org/papers/w15784
Social expenditure by country (graphic)
http://public.tableausoftware.com/views/socx/view
@Underfunded. what?
wouldn’t we all love to give it to bonn in the morning, hehehe
ron your optimism is contagious
i think they experimented with higher learning in canada. becoming obvious. bonn was right.
@ronron
i meant ‘fit of absent mindedness’
@Underfunded. old alice. i’ll give that to bonn in the morning. hahaha
@ronron
if the british empire was created in a moment of absent mindedness, the american empire was created in a seizure of amnesia,
alice cooper was right
school IS out forever!
@WL. no shit. why are the yanks and brits so confused on this?
History, markets, econimics are based upon heavy-tailed, power law probabilities. Contrary to the opinion of many (perhaps most), in this world one individual or single event causes a quantum step forward. Historically there were people like Julius Caesar, Einstein, and various religious figures. These individuals moved history in leaps. The markets move in the same way.
So will we have a leap soon, or will things just grind along. These are the two outcomes to expect, in my view.
@EB. just feeling you out. good luck to you.
Hyperinflation Argument Redux
HYPERINFLATION SPECIAL REPORT (UPDATE 2010)
Commentary Number 263
December 2, 2009
__________
Economy and Financial System Face Eventual Great Collapse
Government and Fed Actions Have Narrowed Timing for
Hyperinflationary Great Depression to Next Five Years
High Risk of Ultimate Dollar Crisis Unfolding in Year Ahead
http://www.shadowstats.com/article/hyperinflation-2010
for just under ten cents you can now buy a sponge bob square pants. nickel ninety eight.
@Francis – have to see how this will play out, but I cannot help but sense that the destruction is pivoting away from the borrowers and to the lenders now. 2008 and 2009 was all about pushing the destruction to the borrower. 2010 is walloping the lenders.
@Ronron – IMO there is a currency war underway. Think of this as a big game of Risk (have you played?) . Instead of the game being occupied by armies, think of it as being occupied by currencies.
There is only so much demand for fiat. This demand is shared out between the Dollar, Euro, Yen, Sterling and a handful of smaller and less important ones .
To who’s advantage is the war. The US of course. The Yen is a carry currency, but not a world currency. The Euro is really the only currency that can remotely challenge the Dollar. So the war, I think, will be a US/Euro war (currency-wise).
Mind, you, I’m not advocating or taking any sides on this issue, I’m just pointing out where it goes. As far as the metal goes; well, it’s had a good run so far but I wouldn’t want to stake my reputation on it one way or the other. All I can add is that, if you look at historical periods in the 20th century where gold has shot up in value against almost all other assets; well these periods have lasted about 10 years (1920s and 1970′s stand out). On this measure, gold is looking a little tired, but the future is so uncertain, in so many ways.
@david. cheesebugers half price and a spounge bob square pants.nickle ninety eight.
Surely the only argument needed is the simplest one, and the very argument that should silence those calling for the debt to be paid. It is anti-capitalist to pay it.
Looks as though Iceland has rejected the bankers, what next?
Bonn would like this. http://www.youtube.com/watch?v=qga5eONXU_4
Hitlers Jewish background and the deal with the Zionists Vids http://tinyurl.com/y8em82c
@Underfuned. bigger hole than i thought. i’m always the optimist.
the holes in swiss cheese are random, i doubt that is the case with basel
thought max said the basel requirements were like swiss cheese?
@EB. i just skimmed through and see why no one is concerned.
@EB:
I do believe that the basel 2 requirements for liquidity are involved in the scenerio.
@EB. i have many more questions. shiny metal?
@Y’All
see and everytime I mention something about an ad they just… just take em away, that’s right they take em’ right away… and that’s not me being PARA’ … I don’t know about you but I can hear them little aliens just laughing at us from the fourth dimension, laughing and taunting… little green bastards!!!
@Phil:
You didn’t answer my question.
The point being that nought is naught one.
Are you saying the point indicates a function?
I do understand decimals, phil. CAPITALS, decimals, FULL-STOPS, etc. I wondered at your preference for the point at the inversion.
Why do you consider my question ‘a waste of time’?
One-tenth is less than one, but greater that one-hundredth. At the point of the recipricol the numbers begin to approach zero. Correct?
Now a zero on the left of the decimal indicates a place value which bumps the number one-tenth greater power. But a zero on the right of the decimal indicates a place value which bumps the number one-tenth greater inverse.
What does the point represent?
(this is jabber-gibber so I don’t think stacy minds the digression)
@ Mep (other folks please forgive)
Sorry I did not properly respond to you yesterday…(in regards to your comments on depression) as to your experience with depression (namely upon a diagnosis every aspect of self is reducible to this one illness or trait) this is quiet common with all forms of ailment from Breast Cancer to Schizophrenia…the medical establishment/institutions have a tendency to reduce individuals to neat little categories sorta like normal society only squared. Mental illness has a history and a taboo (some philosophers would argue this is a result from the medicalizing of mental illness…i.e. Foucault) so this further aggravates the feelings of individuals who are suffering.
(obviously not telling you anything you are not aware of)
as I said previously Western Society has drastically increased the levels of disorders…it is part of our Culture and exasperated by how we have chosen to structure our society
I remember being in my little Honors Abnormal psyche course…watching a film of a classroom, then being asked to identify the problem children and offer a diagnosis/prescription for treatment (the correct answer were a combination of ADD and ADHD disorders coupled with a pharmacy) in one case when I presented my argument that the young boy in one tape had no problem other than maybe one of his species placed in a similar circumstance….he was a young boy that was expected to sit in a chair for 3-4 hours at a time and dutifully transcribe by rote what the teacher before him was reciting….no wonder he was squirming in his seat, that’s normal, when he interrupted the teacher it was done when something from the discussion finally attracted his attention and needed a basic release….
only one in the class that saw my point of view was the Professor so that shows how the ingrain the indoctrination of what is and isn’t normal is…(meaning only those with status therefore permission can disagree with the dominant belief system)
also sorry to hear that you were not comfortable in therapy to bring in your concerns about how you were feeling trapped into a dogma of perceived normalcy that you believed was invalid….(bad therapist are the norm and several of them do not want to hear that the dominant paradigm is not the only version of reality) that is a valid concern, yet we both know we desire to be able to blend more easily into the norm why else would we be in thearpy
I’ve been given laundry list of if I only did this or that or perceived the world as thus then magically things would change…I find that concept offensive, depression is one of those marvelous ailments in how others drastically alter their perceptions of you…I think it is because so many people are on the edge and they are fretful of slipping and angry that others dare to tell em that nagging feeling they feel is correct
@Y’All
keep joking, but let me tell you…if you knew anything about satanic lizard symbolism you would know why that ‘eToro’ ad to top right is spooking me right out… look at them green lizard horns, just taunting us Y’All, just taunting us… , totally ICKEE!!!
@ronron – if this is true (and there’s no reason to doubt the source) it is a good time to find a bunker.
I’ve argued that China will not develop without US consumption. History is against them.
History tells us that industrial development is profitable where labour costs are high and, in particular, the ratio of labour to energy cost is high. This is what drove the industrial revolution the the UK first, they were the highest in the world in both of these categories.
China on the other hand has the reverse situation. Any industrial development under this scenario will therefore be value detracting, rather than value enhancing, and as such will not be sustainable. Like the old Soviet Union, where the goods going in to manufacture were more valuable than the product coming out, this can only be sustained for a short period, before it collapses.
I fear for Australia as this scenario unwinds.
sad but. http://www.youtube.com/watch?v=OMdw24f0XmA
@frances ..”Why do you feel the system was better served with the point at ‘zero’?”
English language :
Comma is a pause , “Full stop” is a “period”.
Maths:
The “.” ( period ) is a clear markation point between the mechanism of integers and mechanism of reciprocals.
It’s not about ZERO, it’s about ONE ( 1 ) !!
I won’t waste any more time here, either you “get it” or you don’t !
@Snoot. could you please explain in simple words what the zero hedge post by EB means. i said please.
@manfromGLAD:
If Iceland was able to exit the international financial system (mind you, there are no ‘opt-out’ options) they would most likely return to a reliance on rotten shark meat.
@ Bonn – Doing well, thanks. How ’bout yourself?
@ all – Kansas City, Montana looking to close 50% of their public schools due to bankruptcy. Reading the article, it boggles the mind to think that in the past, their attempts to improve their schools were as superficial as adding indoor 6-lane tracks, an olympic-sized swimming pool, a recording studio, a fencing program, etc.
@Gadguy. they could become the tourism capital of the world. fuck growth and land destruction.
@Phil:
Actually, I wonder why it was not consistent. It’s like middle c: why the arbitrary grounding at ‘zero’. Why do we count from naught? It’s a bias. I think the predicate was indicated with the idea that life ‘starts’ somewhere. Always grounding us within the idea of origin and authority.
Eternity never had a beginning.
We limit our concepts through our cognitive representations.
Why do you feel the system was better served with the point at ‘zero’?
Financial analysts have opined that Iceland, as a sort of international financial outcast, will have no access to capital markets. That could limit Icelandic corporations ability to raise capital. But maybe Iceland is just ahead of the rest of the world in this respect.
@EB. holy fuck. sunday night. i got some thinking to do. your making me work on sunday?
Max, Stacy — you’ve got to see this….
http://www.zerohedge.com/article/jim-oneills-weekend-just-got-really-bad-china-prepares-nullify-local-government-loan-guarant
From Iceland to China the game is truly on…is this ship gonna smash against the rocks next week?
@Phil/Germany. i see you guys got another storm. it’s 12 c here. normaly would be-2. weird.
@snoot … “The idea that there is a point equal to zero is rubbish.”
Spoken like a true snoot !
@M/E. no joke. http://www.organicconsumers.org/irrad/CaliforniaCitrus.cfm
…and the Himalayan glaciers will melt by 2035…
Oh, and large swats of US soil will be radiated from this galactic body, star (or theespoon, we still have no clarity)..
Can I join now?
http://www.iraq-war.ru/article/219437
U.S. enriches firms doing business with Iran – NYT: Billions of dollars paid to companies that defied sanctions law http://www.msnbc.msn.com/id/35739690/ns/world_news-the_new_york_times/
@Bonn
I just recieved an important message from high up CIA officials that there a huge event to take place for which interstellar preparations are under way right now. Roswell interfax confirms it sahll involve a large galactic body, star, or theespoon (maybe, the signal is garbled). The code name (according to a top echelon reptillian cadre member) will be ‘Tomorrow’…
Here Bonn a special link which has proof of all your claims;
http://michaeltsarion.com/
@Bonn. i could not tell you were drunk. you hold it well.
you like smart girls. i do. http://www.youtube.com/user/feveriam?blend=8&ob=4
@ ronron
So Drunk
Lol
Waitin fer fight
USD is being prtected by ta PPT Plunge protection team
I gather tey have 5 or 6 bill at tey dissposale every day
ta maintians ta NYSE
IF I was there I’d storm the parliment building and take it over. So the bought off politicans don’t make a mistake by selling their country down the tubes like the usa did. Though the usa people could still storm the ramparts of wall street and washington and take the criminals there to trial for treason against humanity.
We also missed buy a 3 degrees
Factually speakin less tan half a degree
Oooooh we attached ropes n
Oooo we had Ele’s
And OFC we Alighned to ta stars
Bottom Line
@ ME
Don’t dish on Project Camelot
tey tryin ta find ta truth
Tey maybe wrong sometimes
But teese r ta guys tat probe
Hic
Or if ya don’t agree stop visitin AJ
Who In thier right mind uses a 2 ton ferget baalbeck ruins where it was a 1000 ton stone
?????????????????
@ tis site seen lotta Ego’istic fucks
in B/w us leeave alone history
lololololol
Hic
Ya have no clue mate
Witch funkin Architect tot
Hey lets use a couple of 1000 ton stone
????????????????
@ronron
Nobody can disproove me
Let “em explain Baalbek ruins ta me
http://aquariusonline.files.wordpress.com/2009/10/baalbek-foundation-stones2.jpg
We used Elephants cause tey were alive
Ooooo we coulda used ta killer whale We needed KFC
lolololololol
All bunch of liars
Hic
stocks. http://seekingalpha.com/article/192318-how-have-u-s-stocks-defied-gravity-for-so-long?source=from_friend
@ atlantis got f@#ked in ta nuke war
IMSO -> In my stupid opnion
Ta nuke landed in ta Gulf of mexico
Hic
@Bonn. i can not disproove your logic.
@ Mep
Haw ya doin ? I Bless ya
Hic
The City needs to sink in the ocean. Never mind flexibility. The place desserves an icelandic tsunami from Ireland, from Greece, from Portugal, from Spain.
@ Phil – OMG! Is that really an orange juice commercial?!
If I am shooti in ta dark someoe please correct me
@ ME
Tey almost reached Slavery again
Right or not ?????????????
Me advice is learn ta plot Earlier hun
But noooooooooooooooooooooo
ME tis not possible
Hic
lololololololol
Bush is sittin wit Saddam right now
or tey call each other every now n ten
200 % sure
I aint stupid
If i was a dictator I’d have @ least 3 doubles (un-educated I might add)
The standard in the English system was so arbitrarily placed as to be noxious. The metric system is much more facile for a standard.
@Phil/Germany
What’s wrong with the comma instead of the decimal point? The points indicate the placement of tens and the comma indicates the gradient function approaching zero. It’s done that way in South America.
The decimal zero is indicated by comma in that it is not an actual placement but a pause: an idea.
Numbers are read fluidly through the idea of the placement or the pause. The idea that there is a point equal to zero is rubbish.
….Curiously, Zero Hedge just received the following email from the Greek Embassy. Little did we realize that our fringe, breathless ramblings were considered necessary and sufficient to merit official government listserv inclusion.
http://www.zerohedge.com/article/while-perusing-official-greek-embassy-e-mails
Maybe all those smaller countries ( Iceland, Greece, Ireland , Latvia etc. ) … being the first easy prey for the BigBankster … will also be the first the join ranks of Max, AJ, and all the others , to combat the PTB ?
Hic
Ya wanna run down on History
Tis is it
We were Designed by Extra terestral shit to mine GOLD
Tey should be commin back hopefully tey invented technology ta help ‘em selves
We had a Nuke war over tis shit before
It was a galactic war too honey
We Lost big time
Tats where tey closed 80 % of our brain power
or 97 % hun
Hic
Bonn
Mar 7, 2010 at 6:00 pm
Oooohhhh Bonn not possible
Stem cell R&D
Clonning
Age’n Gene Identified
Hic
Bonn
Mar 7, 2010 at 6:07 pm
Now Snoot hunny bunny please take a meteor impact map and super impose it on cancer sh!t
Did ya do tat ??? or do ya still belive Hitler Died
And they coverd Saddam’s head while he was hanged
Wat crap
The reason he was supposedly hanged was because middle eastern culture identifys wit hanging
If he was injected as is ta case in USA
Trust me Saddam is alive & well
Witch senator gonna let go of Bank accounts worth a trillion dollars
???????????????????
Here’s a feller giving his opinion on the matter
http://www.youtube.com/watch?v=U5xErX1hG50
walmart. never again. http://www.youtube.com/watch?v=ik30ijaBgUA
I think the U.K is going to have a vote next week to rename Iceland
“the Falklands”
This era of rubber meeting the road, is a true test to see if a voice of many can carry a tune that will make the masters dance.
We the people of the united states called on our legislature to vote NO on all the bailouts a year ago last September. At a call rate of 999 to 1 against the bailout we still were force fed the most expensive alphabet soup in a seemingly bottomless can.
HooYah Iceland! Fight to the death!
The ‘Eye of Mordor’ is upon you…
…and we, who are about to watch you die…
SALUTE YOU!
“Atlanta City Solicitor Raines Carter told CBS Atlanta News that the city has issued an arrest warrant for the person they believe is responsible for an illegal tire dump located at 1462 Memorial Drive… “It is certainly our intention for him to be aware of this because we want something done about this as soon as possible,” said CarterCarter said that the arrest warrant was issued because no one from Chase Bank showed up in Atlanta municipal court last week regarding the illegal dumping ”
———————————————————————————————————-
Put in shakles on this gangster for JP Morgan. It’s a true story. The Icelanders should hire a bounty hunter for that little Iceland banking fucker living in London, that stole 1 billion euros while managing his bank to ruin.
Truer Story. Arrest Warrant against Jamie Dimon of JP Morgan !
http://ml-implode.com/staticnews/2010-03-06_ArrestWarrantIssuedToJPMorganChaseCEOJamieDimon.html
OMG .. just realized…
Another good reason to hate this damn Euro !
It seems that the German system of expressing “values” is now all across Europe !
Example :
The British/American system :
233,455,666.00
The European system
233.455.666,00
As a software developer and mathematician , this little quirk has always annoyed me, because it goes against the grain of common sense and maths.
Decimal POINT , not DECIMAL COMMA you fools !
Sheesh !
PS: I double checked for NL, GR, FR etc.
ANYONE : did these countries use COMMAs as decimal point BEFORE the Euro ?
off topic, but wonderful… I just checked in on my web news page and found this. Check out today’s Non Sequitur cartoon! A good solution for what to do with the banksters. I think you will all enjoy this bit of levity.
http://www.gocomics.com/nonsequitur/
http://investorshub.advfn.com/boards/board.aspx?board_id=2434
Stacy,
Sorry if that is a double comment. My computer just came back to me with another opening for a “comment”.
I guess I could add that it’s about time a country (albeit, small country) stood up and said they have had enough from the bankers trying to rip off the people. It is reminicent of what the United States should be doing. People in this country just can’t seem to put two and two together. Or they are so complacent they just don’t even care. That’s why I have been writing on the topic for about 15 years. However, I’m a bit of a “wild horse” as compared to the pansies out there in the field of reporting. I send all of my research and newsletters to the White House and have all of my readers do the same. It’s past time for people to get off of their rear ends and start doing something to change these circumstances. In particular, it is time for real people to begin running this country, rather than the bozos that presently inked their way in (printing press, anyone? Get my drift?). I believe that Warren Buffett is even begin to sweat. For when the wealthy are on even keel with the poor. . .we’ll see who are best prepared for a potential revolutionary change. And believe me, there are many of us out here who are educated who are on the “War Path” with Washington DC and the idiots that permitted this to happen.
Kind regards,
Mark
Why I love the French …
http://www.youtube.com/watch?v=ck14LKBI9GM
BULLION BULLION BULLION
THATS THE STUFF FOR ME!
Enjoy folks!
@Stacy & Max, keep up the good work! Have a nice week!
http://www.youtube.com/watch?v=2zQr8Rwp1tk
So, it’s a total and complete scam.
Yes, Of course. Where have you been?
But there must be something honest about it somewhere?
Well, jealousy is honest. People lie because they are jealous and want more of the ‘pie’ which we inordinately privileged retain according to the deceifful pre-posterial system.
What can we do?
Abso-fuckin-lootly-nothing.
You mean we can’t really do a thing to make honest happen? I thought the old system was dishonest and now the new system would become ‘moral capitalism’.
You must be really naive. Why don’t you buy some gold.
Why?
It will make you feel better. You’ll be investing in the old system.
But the old system was completely and inherently corrupt from the top down.
Yes.
So why should I invest in that?
Because the alternative is to accept the reality that the new system will be far worse.
Oh.
“Alice: But I don’t want to go among mad people.
The Cat: Oh, you can’t help that. We’re all mad here. I’m mad. You’re mad.
Alice: How do you know I’m mad?
The Cat: You must be. Or you wouldn’t have come here.
Alice: And how do you know that you’re mad?
The Cat: To begin with, a dog’s not mad. You grant that?
Alice: I suppose so,
The Cat: Well, then, you see, a dog growls when it’s angry, and wags its tail when it’s pleased. Now I growl when I’m pleased, and wag my tail when I’m angry. Therefore I’m mad.”
http://quotations.about.com/od/moretypes/a/alice3.htm
Makes sense.
http://thomsonreuters.com/about/company_history/#tab10
Bob Git-off
“I sue the BBC”
“I sue the goverment”
http://news.bbc.co.uk/1/hi/world/africa/8554048.stm
& Tell Keiser i sue him!
Mike
@Spy chips in the trashbins. Damn!
just checked the binding of my yellow pages …
Every now an then when a dutch person meets a german person it is custom to ask “Where did you leave my bicycle” (for them stealing citizens bikes in WO II)..Now if we go to Iceland we can ask “Where’s my billions?”..
Our minister de Jager has written a letter with his british colleague saying they still want a deal, he considers this an internal affair for Iceland. Liberals and Wilders want to keep Iceland out of the EU. Straus Kahn is still offering support (like the loan shark the IMF is). I say tant pis and prosecute the bastards..
In other news.. Cash and carry http://news.bbc.co.uk/2/hi/europe/8553229.stm
The profile of the suspect makes him quit conspicuous..
Reuters, Reuters, Reuters.
Who’s behind Reuters? They seem to have an inordinate function within the international financial system: along the line of Fitch.
If the people voted down taking on the debt, and the government goes ahead and cuts a deal anyway, I’d predict rioting and a tax revolt.
Non-Icelandic jibber jabber Spy chips in the trashbins. Damn!
“The Commission said the government deficit had risen to 14.4 percent of gross domestic product in 2009 and that the gross public debt was 130 percent of GDP, much higher than the limits the EU sets member states.”
http://www.nytimes.com/reuters/2010/02/24/business/business-uk-iceland-eu.html
EU Commission Recommends Entry Talks With Iceland
By REUTERS
Published: February 24, 2010
The system is insane http://www.usdebtclock.org/
Expert discussion on Iceland in Volkskrant (Holland), and yes, they are angry:
Again Google translation, (sorry):
*A deal is a deal, even for Iceland*
By Frans Weekers, Han ten Broeke and Hans van Baalen
The European Commission, Iceland this week nominated for a fast approval process. Because it is a member of the European Economic Area (EEA), the EU membership in 2013 already a fact. We believe that the Netherlands there is a stop stabbing. For this step, currently, is as foolish and wrong.
Iceland has so far not excelled as reliable State of the EEA. In Ice-save the file sin the country 3 times against European norms. As a member of the Icelandic banks were in other EEA States banking. Thus, in a short time in the Netherlands nearly 2 billion Euro savings obtained. Condition for this was that Iceland was to ensure sound financial control. But the parliamentary inquiry into the credit crisis has been reported that the Icelanders have lied to the Dutch authorities and their control has failed. Iceland did not therefore comply with the agreements.
Iceland pledged to continue its European deposit guarantee scheme, an important guarantee for confidence in the financial sector and vital for the stability of the system. Since then, however Landesbankii Iceland went bankrupt, the warranty costs could not bear the Netherlands with the Netherlands agreed to take over Iceland’s debt amounting to over 1.3 billion Euro (coughed up by the Dutch banking and Dutch taxpayers). This event is on October 11, 2008 in an agreement. Iceland’s share would pay back with interest and costs. We are already half years on the line, and now comes to the crunch, Iceland does not belong. Iceland did this week even in the Netherlands on alternative proposals to form a new 0.5 billion euro extra leniency offered. Iceland does not therefore comply with the agreements.
And third, Iceland has sinned against the European equality. When Landesbankii toppled, the Icelandic deposits were secured in a new Landesbankii, while non-Icelandic deposits in the bankrupt estate of Landesbankii remained. The Icelanders were so favored as other Europeans for their money could whistle. Iceland is actively trying to get under the agreements.
A country that wants to do the lusts of the European market, but not the disadvantages, it is not allowed to be quick. But first let Iceland come clean once and the old debts. And let the European Commission to that time but the red carpet they had rolled out again – because she only has one flavor, as quickly and as much as possible, expand – possible quickly as store. The welcoming reception is totally inappropriate. Just as the lenient attitude of the Dutch Minister of Finance is wholly inappropriate. And sit back and looking away from the Minister of Foreign Affairs is totally inappropriate. It left in the summer of 2009 when running the application to block any move to make now still to Dutch interests and the credibility of Europe to come. The Minister is not even trying to Iceland to keep its agreements.
The VVD disagrees with the arguments to the billion loan, provided that the Netherlands to Iceland, to forgive. It is unwise for the Dutch taxpayer, but eventually arrested for Iceland wrong. Iceland is indeed in trouble, but is certainly not a poor country. Although the debt of Iceland has risen to more than three times the personal income, the country is technically bankrupt and the value of the Krona has been halved compared to the euro, Iceland will continue in the coming years wealthier than France or Germany for example. For pity is no place. Moreover, it is expected that 75% of the damage of Landesbanki can be recovered. The financial isolation that now threatens Iceland, can only be evaded by showing confidence and cooperate, which occur on recovery prospects, and a possible European membership.
But this is as yet no idea. On the contrary, the current irresponsible behavior of the Icelandic politicians, only equals the irresponsible bankers to show that their spread. And that is to put it mildly, unwise. Because the only way out of this swamp that Iceland leads by good agreements with its creditors and the IMF. The will to those agreements to meet the present and confidence of a recovery plan will then pave the path. But while the Dutch and British only a “small” proportion of the total Icelandic debt recovered, we are by the Icelandic politics presented as the great bogeymen. Our generosity and gullibility are punished and that allows new creditors – rightly – kopschuw (apprehensive, Troy). Not that we require repayment, but the refusal of the Icelandic president to sign agreements and then to provoke a referendum triggered a financial junk status in Iceland! We do not want the Dutch taxpayer longer pays for this Icelandic collision course.
If no appointment is agreement, there is no basis for the European Union. Therefore the VVD took all last summer that the application of Iceland to join the EU not in treatment should have been taken. The EU needs a candidate can trust and it is no more evident with Iceland. We therefore call on Minister Verhagen to repent now and still put a spanner in the foot when it comes to membership of Iceland. And we call on the Minister for the Hunter to Dutch injury by all legal means to Iceland to recover.
Our patience with Iceland is over!
Frans Weekers en Han ten Broeke are resp. the spokesmen Financial affairs and European matters of the Liberal Party (VVD). Hans van Baalen leads the Liberals in the European Parliament and reports on Icelandic affairs for the liberal ALDE fraction.
@Adam C
Or not.
Unfortunately that would be my guess.
If the Icelander gets his/her way they will be ignored in the press at best.
Ex-minister Verhagen, foreign affairs, Holland: “Listen you Icelanders, if you do not pay up we block your entry to the EU…grumble..grumble”
What would Icelanders say: No, no…please…not that! That would really be the WORST that could happen to us!”
?
Google translation from Volkskrant in Holland:
Minister Maxime Verhagen (Foreign Affairs) does not yet decided whether to Iceland to the EU accession negotiations will stop.
The EU countries must soon decide on the start of the negotiations after the European Commission last month had given a positive opinion.
Referendum
Among the VVD and PVV Verhagen not require consent. Netherlands has 1.3 billion euros of credit because of the bankruptcy of Iceland Icesavebank. Icelanders vote in a referendum Saturday on the repayment agreement. Negotiations on a different method of reimbursement are faltered Friday.
“We have negotiated with many of the Icesavekwestie Iceland. I assume that it is solved. It is certainly part of our assessment for the opening of accession negotiations, “Verhagen said Saturday in Cordoba Spanish around EU consultations on the Middle East and new EU diplomatic service.
Verhagen stressed that Iceland should fulfill its obligations under the so-called deposit guarantee scheme, which regulates the fees after bankruptcy of banks. This system is in the package in his cases in the EU discusses entry, although other countries to repay just a matter between the Netherlands and Iceland found.
Netherlands had previously inclined to the membership not to block, but there now seems to come back. “The situation has changed,” said Verhagen. “Iceland has launched a referendum and the negotiations went wrong. I see that accession negotiations are an additional tool to enforce the agreement to Iceland to meet. ”
That the Government has now resigned, a decision he is not in the way of Iceland. “The outside runs normally. The 26 other EU countries continue not wait until a new government in the Netherlands. ”
Great Britain, which has 2.5 billion euro credit from Iceland, said earlier is to accept the opening of accession negotiations between the EU and Iceland. Most other EU countries seem also to the start of the talks.
Iceland, with 300,000 inhabitants and heavy debt, last year the membership of the EU sought. The occasion was the credit crisis, which the country now a greater proportion than the national debt and deficit much discussed Greece.
Icelandic people stood up for all common people against the parasitic International Banking Cartel. The next steps will be the steps taken by ordinary people in Greek, Spain, UK, USA, Ukraine and so on against ….
“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds’ central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.” Carroll Quigley, Tragedy and Hope: A H
Iceland will pay off its debts with Farmville gold pieces.
Farmville community manager showing how to receive and use gold pieces…
http://www.youtube.com/watch?v=5vG0_0QW2PU&feature=popular
@MEJanssen:
Sounds like a currency issue to me: remember the reweight in December of the sdr/basket. Sigfusson mentioned the krona as an issue in the video. And the debt seems to have been nicely placed there with the former financial minister’s approbation (imho). So the debt itself keeps Iceland out of the EU.
Krona in USDX:
Six currencies including the Euro, Yen, Swiss Franc, British Pound, Canadian Dollar, and the Swedish Krona make up the USDX. Reuters news agency calculates the USDX giving the following weights to each currency according to Forex Ltd U.K.:
Euro 57.6%
Yen 13.6%
Pound 11.9%
Canadian Dollar 9.1%
Krona 4.2%
Swiss Franc 3.6%
http://precious-metals-investing.suite101.com/article.cfm/buy_gold_or_sell_gold_part_3_of_3
sdr components:
http://1.bp.blogspot.com/_H2DePAZe2gA/SsuXHIJju0I/AAAAAAAAJ8s/t8zFvYhJvrk/s200/sdr.JPG
Why would any Icelander vote yes?
“Ninety-three percent voted against the so-called Icesave bill, according to preliminary results on national broadcaster RUV. Final results may be published tomorrow morning.”
So maybe a few thousand people actually voted to pay. The question I have is what this will do to the £…
“The foreign debt issue goes far beyond Iceland itself. Throughout Europe, political parties advocating EU membership face a problem that the Maastricht convergence criterion for membership limits public debt to 60 percent of GDP. But Iceland’s external public-sector debt – excluding domestic debt – would jump to an estimated 240 percent of GDP if it agrees to UK and Dutch demands to reimburse their governments for the Icesave bailouts. Meanwhile, EU and IMF lending to the Baltics to support their foreign currency – so that mortgages can be kept current rather than defaulting – likewise threaten to derail the membership process that seemed on track just a short time ago.”
http://www.globalresearch.ca/index.php?context=va&aid=14800
What kind of a ‘deal’ is possible between the UK/Netherlands, EU, and Iceland to allow entry into the EU and pay off the debt? Is this the negotiation?
@ Frances Snoot, that policy from the IMF was full of bureaucrat-ese and hard to read. So I tried to translate it for everybody who prefers plainer language (it took me a few minutes!). Here goes:
“Now that the economic ****storm has everybody around the world terrified, it is vital that all bankers remain strong and keep pushing the cattle down that chute into the slaughterhouse. Central banks, financial authorities, and governments must work together to keep the cattle moving. No individual or country should be allowed to rear up and block the chute. Words must be matched with action. Iceland must be made to pay, and publicly, as a warning to others. The International Monetary Fund can play an important role in this task. Remember, we have spies everywhere and we know where all of you buried the bodies.”
The people spoke and the Banksters will bitch, whine, and moan. If the government imposes this on the people, then the people should revolt and throw the politicians in the klink. Fuck the Banksters. Fuck the politicians. Fuck the media. Fuck the New World Order!
Iceland, know this:
You have abundant energy.
You have abundant water.
You have abundant fish, dairy and poultry.
You have abundant mineral resources.
All you need is the will.
Tell the IMF and the EU to F**K off.
Here’s an example of what will happen Icelanders. if you join the EU.
One of the poorest and most underdeveloped locations in Britain, Wales, has a family oligarchy pumping the EU for everything they can grab. Neil Kinnock (that left wing ‘Man of the People of Wales’) is an MEP. His wife, the ex-school teacher, is also an MEP. Their daughter is an MEP. Their daughter’s husband, is employed by them on EU MEP business, no doubt preparing for a future MEP role.
Yes sir put those pigs at the EU trough!
Iceland, you don’t need this, at all. Stand your ground. Don’t be the fools your neighbors are. You are going to be bombarded with pressure. Incessant pressure.
Remember the Lisbon treaty vote in Ireland? The EU bribed, coerced, threatened, forced; used every resource at their disposal to get what they wanted. This is coming. Stand your ground.
Three economies,..
1. “Real” Economy
2. Black Economy
3. Shadow Economy
Number 3 is what folk should be discussing,…go figure! : )
Here’s what *might* happen.
The so-called ‘icelanders’ will realise that if they continue to refer to themselves as such under the delusion that a national identity means anything, then they’ll forever be subject to the predations and ‘obligations’ of false moral institutions called governments (including their own) and other nations.
They will stop looking for another ‘strong man/woman’ to stand up for them against other ‘governments’ and ‘nations’ realising that this just signals to all that they are willing to carry on this ridiculous apology for outright slavery. Instead they live by their own voluntary co-operation using the resources they have to hand, including those under their feet that these so-called ‘governments’ and ‘nations’ covet for themselves and will use all manner of clever rhetoric to attain it.
Once they have ‘disowned’ ALL governments in this manner, other ‘nations’ and ‘governments’ will describe ‘Iceland’ derisively as being in a state of anarchy, but these anarchists formerly known as ‘Icelanders’ will be laughing because they’ll owe no debt to anyone except for those contracts of exchange voluntary entered into for the rebuilding of their communities – NOT their ‘country’ – the idea of which simply fades into the history of a generational fraud.
As the people of other ‘nations’ look on curiously at their own government’s alternatively pathetic then militaristic attempts to extort a free and happy people, they might just start to *get* an idea.
Or not.
It all depends on whether people can wake up from their stockholm syndrome faster than their ‘masters’ can inflict it.
Statism is dead
http://www.youtube.com/watch?v=P772Eb63qIY
Is this fake or not? Either way is noting ‘sacred’ anymore? banksters multiplying gold and more than just by goldcontracts/futures etc Would expect msm/lsm jump on this right away to convince people gold is bad and so protect their sponsors mainly pharmaceutical/war industry etc. which all leads back to (irresponsible fractional reserve) banking…http://news.coinupdate.com/largest-private-refinery-discovers-gold-plated-tungsten-bar-0171/ (sorry for the interruption here in the commentsection from aliens, elvis is still alive, big footetc.)
NO should mean revolt if the ‘government’ tries to do ‘yes’…
The president of Iceland which have quite a record in politics in and out of Iceland is most interested in Gordon Browns respond.
According to http://mbl.is/mm/frettir/ (The Morningpaper) Alister Darling “UK wants to be flexible. (Political tactic)
Strauss Khan says that IMF is still obligated to help Iceland one of the founders of IMF (it’s like a PR (probaganda) for the present moment)
The government of Iceland is week.
Half of Icelanders want to vote again on new Icesave deal. The nation does not trust the politicians any more.
http://www.youtube.com/watch?v=us12idLMDwk
Sigfusson Says U.K. Needs to Be `Flexible’ on Icesave
Mish..
Iceland Rejects IceSave; Does No Mean No?
http://globaleconomicanalysis.blogspot.com/2010/03/iceland-rejects-icesave-does-no-mean-no.html
gibberish
Real Value Commodity Currencies:
http://markets.usatoday.com/custom/usatoday-com/html-commodities.asp
Here you go……
http://www.youtube.com/watch?v=HQDF_SKa8M0
Policy made by the IMF:
http://www.imf.org/external/am/2008/speeches/pr40e.pdf
“As many countries are feeling the effects of slowing economic growth and distressed financial markets, it is of great importance that authorities demonstrate strength and that central banks, financial supervisory authorities, and governments cooperate effectively in these challenging times. Words must be matched with action. Strong collaboration and candid dialogue with financial institutions will be
vital. The International Monetary Fund can play an important role in the current environment, especially in its role as a confidential advisor in its financial surveillance capacity.”
Statement by the Hon. Arni M. Mathiesen,
Governor of the Fund for Iceland,
on Behalf of the Nordic-Baltic Constituency,
at the Joint Annual Discussion
October 13, 2008
Wat i tink is gonna happen is ta peeps involved will be standing in ta centre while blame game goes frem one side to another
And somee peeps will be looking to migrate to a non -extraditation Country
Scotty go long on non Extraditation Countrys
lololololol
Hic
“policy decesions should be kept insulated from undue influence” that is what will probably happen….the people must be reminded that they have a ceremonial role only..