CFTC Created to Cover Up the Manipulation
When the computer rigging programs were implemented there needed to be some kind of cover to ensure secrecy and maintain a false confidence in free markets. In 1974 Congress passed the Commodity Futures Trading Commission Act that overhauled the Commodity Exchange Act and created the CFTC as an independent agency with powers greater than those of its predecessor agency, the Commodity Exchange Authority.
Category Archives: iceland
Iceland Declares Independence From Rothschild International Banking Cabal aka; NWO.
The Nesjavellir Geothermal Power Plant in Þingvellir, Iceland
By Bill Wilson – Iceland is free. And it will remain so, so long as her people wish to remain autonomous of the foreign domination of her would-be masters — in this case, international bankers.
On April 9, the fiercely independent people of 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.
Iceland For 2nd Time: Refuses To Bailout Banksters For Their Gambling Debts ~ Shows United States How!
Unlike Americans, the people of Iceland were allowed to vote on bailing out the banksters. They voted overwhelmingly against the proposal on Saturday despite the intimidation tactics of the globalist loan sharking operation, the International Monetary Fund.
Iceland did something unthinkable in the United States — it went after the banksters and their minions.
Way to go Iceland. The people should not have to pay back the bankster’s gambling debt.
Before the Global Economic 911 (inside job) Tsunami hit – Iceland was presumably “sovereign” – This IMF card trick has been played before in Central, South America, Africa, Asia, and is now coming home to roost in Europe, and the Americas. It is the engine of One World Govt.
Paul Ryan Helps Americans Cut Back On Their Medicare, Medicaid, & Other Necessities, That We Fought & Died For: All In Order To Pay For The International Banking Bailout ~ Which Was Orchestrated By Fraudulent Mortgage Credit Derivatives That Caused The Housing Bubble!
IN A SPEECH SEVERAL WEEKS AGO TO THE AMERICAN ENTERPRISE INSTITUTE, THIS MISERABLE RINO REGARDED THOSE WHO (PAID INTO AND RELIED UPON) THEIR INSURANCE PROGRAM FOR DISABILITIES AND THEIR RETIREMENTS AS LAZY AND INDOLENT.
Rothschild Banking Cabalist ~ Paul Ryan
Paul Ryan Forces Americans To Absolve [The Rothschild Banking Cabal] From Obligations For ESTABLISHED HEALTH INSURANCE In The Medicare & Medicaid Contracts.
Keiser Report: Top Down Tyranny A Conversation Video ~ Lowering The Debt Ceiling. Take A Listen!
Re-enactment of The Glass Steagall Act will take back/nullify all the fake IOUs from the world’s richest aka; banking cabalists like Rothschild Banking Cartel and instantly and dramatically reduce The United States debt ceiling.
Astrophysicist..Global Warming Fears Are False: Heads Will Roll!
Astrophysicist: ‘Case for climate fear is blown to smithereens…whole theory destroyed and discarded and U.N. Should Be Brought Up On Charges Of Crimes Against Humanity!
‘The end to this anti-scientific nonsense is now’
Astrophysicist Piers Corbyn, of the long range solar forecast group Weather Action, declared the Climate Gate revelations have rendered the marketing of global warming fears “false.”
Should Roman Catholics Support Congressman Ron Paul? : An Examination Of A Conscience!
God In Turn Set Us Free: The man who had died came forth, bound hand and foot with wrappings, and his face was wrapped around with a cloth. Jesus said to them, “Unbind him, and let him go.” John 11:44
Within 4 Days Of The Christ Banishing The Money Changers From The Temple….
OIL PRICES RISE 9% IN A DAY: Democrats Block Drilling Of Our Own Oil.
United States Now Has More Oil Than Saudi Arabia: Obama Bans U. S. Drilling: Forces Our Money To Islamic Nations For Oil.
The Following Story INFORMS the United States Citizen just how the Illuminati agitates the world to develop a new market to exploit. Its All Smoke And Mirrors.
LONDON (AP) — Mounting concerns over Libya’s violent crisis weighed on stocks Tuesday and sent oil prices surging, while the earthquake in the New Zealand city of Christchurch pushed the country’s currency sharply lower. (Lions Tigers And Bears Oh My!!)
With deep rifts opening up in Moammar Gadhafi’s regime, air force pilots defecting and a bloody crackdown in the capital of Tripoli, investors (Can We Say Hedge Funds?) are fretting over how the crisis will end and what the impact on the North African country’s oil production will be.
Libya is the world’s 18th largest oil producer, pumping out around 1.8 million barrels a day, (Much less than Iraq Right Now) or a little under 2 percent of global daily output. The OPEC country also sits atop the biggest oil reserves in the whole of Africa. (So What? America Has More Oil Than Saudi Arabia And Illuminati via Corrupt Democrats Shut Ours Down)
Barney Frank’s Days Of Rage: States FORCED To Cut Back DUE To Barney Frank SITTING On Glass Steagall Act!
With so much uncertainty surrounding a large chunk of the world’s daily oil production, (2%????) market prices surged. (Soros Hedge Funds Appreciate The Media In Their Endeavors) Benchmark crude for March delivery was up $4.80 a barrel, or 5.6 percent, at $92.55 a barrel in electronic trading on the New York Mercantile Exchange. Earlier, it had been even higher above $94 a barrel. (Run For The Hills OMG) (Drill Here Dill Now)
Rising crude prices are a particular worry for investors as they reinforce fears of inflation and raw materials costs. They also stoke worries of a big drop in global demand levels, as experienced in previous oil price shocks in 1973-4, 1979 and 2008. (Gee and all this FEAR FEAR FEAR Mongering on 2%)
“Until uncertainty in the Middle East fades, the oil price is unlikely to decline, with the concomitant threat to inflation, and margins,” said Derek Mitchell, a fund manager at Royal London Asset Management. (Do you know where George Soros Is Spending All His Efforts Now In Causing Market Place Chaos?) (The Answer: Middle East Why?) Brazil’s U.S. $133 Billion, Ten-Year Push in Search of Oil and Gas : Do Liberals Support Obama Sending Billions In U.S. Taxpayer Dollars For Brazil To Drill New Offshore Oil Wells?
Those concerns have clearly weighed on stocks, too, though a better than expected performance on Wall Street after the long weekend helped European shares claw back a chunk of their earlier losses.
The FTSE 100 index of leading British shares closed down 18.04 points, 0.3 percent at 5,996.76 while the CAC-40 in France dropped 47.14, or 1.2 percent, at 40.50.27. Germany’s DAX ended 3.46 points lower at 7,318.35.
Wall Street’s losses were less than futures markets were predicting following the three-day weekend, the losses cushioned by a survey showing U.S. consumer confidence running at a three-year high. (Do You Really Believe This One?) The Conference Board reported that its main consumer confidence index surged 5.6 points in February to 70.4, its highest level since early 2008. (Yea lets through our money at the stock because they said so) Celebrate Black History Month With Obama: The Damage! Is the preceding paragraph congruous with all the FEAR mongering going on like Unions Fighting States, Unemployment U6 at 18%, National Debt equaling The GDP due to fraudulent bailout of International Bank’s housing bubble, Foreclosures highest in history, and gee lets not forget TSA pat-downs, H1N1, Missiles taking off on the California Coast, The World is melting, Communism Turned Into Global Slaughter And Global Warming Turned Into Global Freezing. Gitmo, The Gulf Orchestrated Oil Fiasco, Bank Foreclosures, etc etc etc etc etc etc. All this was allowed to happen by Bill Clinton repealing The Glass Steagall Act in 1999. Its A Fact! BREAKING: More Than 1000 International Scientists Call Man-Made Global Warming A Fraud – Challenge NWO Operatives ~ UN IPCC & Gore
COLLAPSE OF THE ROYAL BANK: Why Obama Sent $Trillions Overseas ~ Wikileaks Continues To Expose The Banking Cartel’s Scheme To Save Their Banks. Its Called NWO.
Rothschild Illuminati
Global Teutonic Zionists – Working towards that New World Order: 1) Lord Jacob de Rothschild. 2) His spooky son, Nathaniel. 3) Baron John de Rothschild, who recently said they are working towards global governance. 4) Sir Evelyn de Rothschild. His wife Lynn Forrester is a big mover and shaker in the Democratic party. 5) David Rockefeller, Sephardic Crypto-Teutonic, who’s son Nick told film director Aaron Russo about 9/11 in advance. 6) Nathan Warburg. His family was not only instrumental in creating the Federal Reserve, etc. they were also behind the rise of Adolf Hitler. 7) Henry Kissinger, Globalist genocidal schemer. 8 George Soros, another Teutonic schemer and NGO manipulator. 9) Paul Volcker, Crypto-Jew big-time Globalist and economic advisor to Obama. 10) Larry Summers, Crypto-Teutonic economic advisor to Obama. 11) Lloyd Blankfein, CEO to the rapidly growing Goldman Sachs banking behemoth. 12) Ben Shalom Bernanke, current Teutonic master of the Federal Reserve (a private entity, neither “Federal” nor a “Reserve”). What’s the common denominator here?
Democrats: Control By Fear Mongering
THE WORLD IS MELTING
Do We See A Picture Developing Here?
Biden: ‘No coal plants here in America’
‘Coal war’ with Beijing next hit on U.S. economy
Analysts warn of crunch coming over world demand for electricity
Glass Steagall Act With Stroke Of A Pen Will Nullify Derivative Debt: Europe To Effectively Restore Glass Steagall – Including Austria And Belgium!
SHHHHHHH ~ NOT THE GLASS STEAGALL ACT
Britain Caught Absconding America’s Wealth : ‘Their Spin’ Britain Threatens War – British Foreign Office Has Communicated Direct Threats To Sovereign U.S. Department Of State : Passage Of McCain/Cantwell Glass Steagall Amendment Will Be An Act Of War Against The British/Rothschild Government!
With Cristiana Muscardini, Deputy Chairman of the International Trade Committee, filing a resolution to effectively restore Glass Steagall in Europe, to be voted upon in the European Parliament, AND with Austria and Belgium seriously considering following in Germany’s footsteps, it certainly SEEMS clear that the “long arm of Wall Street” (as denounced by Michigan Senator Carl Levin) has helped to establish the UNITED STATES as the key contributor to the complete defeat of any global financial reform component in America, whatsoever.
While this may come as some sort of personal shock to those who feel that Big Brother resides in the city of London and that the “men behind the curtains” are mostly Rothschilds or “Royals”, the undeniable fact that the Wall Street captured Administration and especially the Federal Reserve are the modern day equivalent of Mayer Rothschild’s most formidable ambitions to achieve global financial domination should be fairly clear by now.
Though few could have imagined, prior to the Declaration of Independance, that Rothschild would indeed succeed in creating a global cartel of private “central banks” with the authority to control the money supply and interest rate of the currencies of sovereign nations, he most certainly did, and the most powerful of these is obviously the one that controls the supply and rate of the world’s reserve currency.
America’s Debt Is Smoke And Mirrors: Dodd/Frank Most Culpable In Fraudulent Paper Scam!
But that time is coming to an end.
WHEN IT COMES … you will recognize the rallying cry of the GLOBALISTS as they demand that the bankrupt system be bailed out NO MATTER WHAT IT TAKES … They will call it a CONTAGION OF LOST CONFIDENCE. CONfidence that we MUST RESTORE – NO MATTER WHAT THE PRICE (of the BAILOUT).
But SOVEREIGNISTS will repudiate the GLOBAL BAILOUT as a DEATH DECREE upon the working classes of the world.
Yes, it will be a little inconvenient when the gas pumps stop taking credit cards and when power systems fail and your bank shutters … but have faith that WE THE PEOPLE can rely on ourselves, our neighbors, our friends and most importantly our STATE GOVERNMENT to issue the credit to restore systems at the basic level, STATE BY STATE.
Some Imperialist money changer might not be able to buy that chain of islands he was banking on, but I think the creature comforts we’ll all be denied for a few weeks, or even months, will come as more of a blow to the “intellectual elite and world bankers” than it will to people who work for a living.
While it may still be a little early to sound off any ALARMS, I am going into surgery tomorrow so this will be my last post for several weeks.
Just remember that money today is nothing more than electronic accounting entries in a computer. Entries to extend credit. All the paper printing that the Fed is doing merely funds those entries. like those made by the Depository Trust & Clearing Corporation, which clears more monetary volume in derivatives transactions in three days than the gross annual GDP of the USA. When i shuts down, thank your maker.
Then turn to your Sovereign State government to help begin rebuilding upon a real world foundation. By then the administrations credibility will be so beyond repair, it won’t be 70% of the American people who are abandoning Obama, it will be more like 97%, the same percent who are getting scrwwed by the 3% global elite they are aligned with.
Criminal Rothschild Of London – Forcing International Debt With Monopoly Money!
Iceland has the British Schemers (The NWO Gang) on the run.
Iceland Takes The Lead In Checkmating The Queen’s New World Order Ponzi Scheme.
The Deadly Evil Of British Monarchy’s Dismantling Of America – Video
Round Up The British Dynasty & Their Ilk, For Their Very Own Nuremberg: Devil Is Exposed
Flag This! – $550 Billion USD Absconded From Federal Reserve Within 30 Minutes.
Where Are The Fraudsters Moving – To Live And Play?
Banking Cartel’s New Las Vegas – Dubai : Their Milk Money? – The United States!
Iceland Takes The Lead In Checkmating The Queen’s New World Order Ponzi Scheme.
Birgitta Jónsdóttir, member of the Icelandic Parliament
Demand A Global Referendum For The Arrest And Conviction Of Queen Elizabeth II.
HISTORY OF ABUSE BY THOSE WHO HAVE PROSPERED IN A OPEN FREE MARKET, ONLY THEN TO USE THAT FINANCIAL PROSPERITY TO GOVERN THE MARKET AND ENSLAVE THEIR FELLOW MAN!
Young George Washington Telling His Dad That We Need To Keep Those Rothschild British Bankers Out Of The U.S. Because They Tax us Too High As Though We Are Slaves To Their System! :O)
Related articles
- The Trial of Iceland’s Prime Minister is About Democracy, not Money (the2012scenario.com)
- IMMI – The best business case for Data Centers in Iceland (startupiceland.com)
- Rebuilding Iceland through Startup Iceland (startupiceland.com)
Queen Elizabeth II’s New World Entropy Flairs
British Monarch – Queen Elizabeth II
Mark 9:42
“Whoever causes one of these little ones who believe to stumble, it would be better for him if, with a heavy millstone hung around his neck, he had been cast into the sea.
Solar Minimum-Quiet Sun, Warns Of Deadly Cold And Snow Ahead: While British Controlled Air Waves, Pump Global Warming Lies!
British Monarchy's Sock Puppet 'Barry Soetoro' & G.E.'s Chis Matthews
British Monarchy aka; Royalty + House Of Rothschild Banking Cartel, know that there is absolutely no global warming taking place. In fact if there were:
1) There would be little need to stop production of oil off United States shorelines in their attempt to control population. In fact, the population would continue to expand contrary to their plans of NWO.
2) By stopping oil production in our sphere and forcing us to purchase oil from middle eastern countries our coffers run dry. By printing money for the staged financial crisis to be bailed out, The United States becomes subservient to other countries, who do not accept global warming. This precipitates us into an area of being ill prepared for the deadly cold that is actually beginning now.
3) To further this stupidity, we as a nation are pied piped into investing heavily into green. Solar power is cost prohibitive and its efficiency greatly reduced by the effects of the sun’s increased cosmic rays, during the ‘solar minimum’ that is occurring now. The cosmic rays are composed of protons/hydrogen nuclei and when these protons bombard our ozone, they mix with Earth’s oxygen to form a global blanket of clouds. This means less heat from the sun and this is why our poles are increasing in ice cover. Ladies and Gentlemen, the British controlled airwaves have been pumping us full of orchestrated lies, so they may invest accordingly, to bilk the globe of its wealth. This is called orchestrated insider trading, financed by the megalithic wealth of the 12 international banks of ‘The City Of London‘ – which is owned by Rothschild on a 677 acre parcel in England. When we hear of left wing white supremacists owning such an organizational camp we get nervous – so much the more so, should be the case with the British Monarchy. Ask yourself why George Soros (BritishOperative), has invested heavily in Brazil so they can increase their off shore drilling efforts. Brazil has NO concern about the warming propaganda, nor does China, Russia, The Koreas etc etc, it is only focused upon the most powerful in the world. The United States is being bilked because ultimately the British Monarchy wants the U.S. to be subservient to Royalty – after all, the Royalty believes they should have never lost the war in the first place. Thus investing into green will have ‘for all practical purposes’, no affect with the coming cloud cover and deadly cold. Study Spain and see how ‘green ideology’ has ruined that country.
4) Why increase utility rates via cap and trade during a Global Warming event – makes no sense, people would use less of it anyways and global warming is in no way evident upon the planet. They realize that increased rates and higher taxes will slow down the growth of population only under a deadly cold phase. Did you know that is why all the streets in the U.K. are made as narrow as possible? Thats right, to make it impossible for increased population to have a nice sunday stroll.
5) You know that if you are inside and out of the sunlight you become more susceptible to disease such as the flu etc etc. Should we talk about what the hell happened to the H1N1 pandemic schedules for us also? People became well informed and refused the shots and turned to natural health care like the mighty D3 which is profoundly effective in strengthening your immune system when inside much of the year. These ‘inside parameters’ are coming in the cold we will be seeing. This is why British Pawn & Rockefeller Pet like RINO John McCain, and British Pawn Henry Waxman (D)
Ice Age Commeth : Weather From Other Parts of the World – 2010
Tony Blair — British Monarchy is World’s Greatest Threat: Threatens The United States Of America!
The Deadly Evil Of British Monarchy’s Dismantling Of America – Video
Cassandra Says It Will Get Very Cold
By Alan Caruba
21 Sep 10 – In the Greek myth about Cassandra, she could foresee the future, but no one believed her warnings. Any number of solar scientists and others are warning that the Earth is on the brink of a new Ice Age at worst, a mini ice age at best. Cassandra is saying bundle up!
(Needless to say, I like this article. Caruba quotes me extensively. Plus, my grandmother’s name was Cassandra !)
See Cassandra Says It Will Get Very ColdLittle Ice Age Cometh – Sunspots could disappear for decades
15 Sep10 – Solar astronomers predict that by 2016 there may be no remaining sunspots, and that the sun may remain spotless for several decades.
Little Ice Age Cometh – Sunspots
could disappear for decades
Freak cold snap in Britain
18 Sep10 – “The freak cold snap has come weeks early, after the coldest August for 17 years. Temperatures could plummet to -1C (30F) at night – 12 degrees C below the seasonal average.”
See Freak cold snap in Britain
Oooops, we bad – OMG, the above image isn’t for July 2010, it’s for July 1936! Below is the temperature anomaly map for July 2010.
This NASA temperature anomaly map says it all. During July, Moscow was burning up, as well as a major portion of the U.S. This is clear evidence of what the last three decades of massive human CO2 emissions has done to the global climate.
Hmmm…wait a second….it seems the July 2010 warming is not as global as the 1936 warming. Go figure.
See:
NASA’s GISS: Moscow Is Burning – Human CO2-Induced Unprecedented Global Warming Is To Blame, Not
See also: http://www.worldclimatereport.com/index.php/2010/08/12/the-great-russian-heat-wave-of-2010 /
Thanks to Burt Rutan for these links
New Zealand – Heaviest snow in decades - 19 Sep 10
NZ stadium collapses under heavy snowfall - 18 Sep 10
Monster cold snap hits Tasmania – Record cold - 17 Sep 10
Snow in Garhwal Himalayas nearly a month early - 15 Sep 10
Unexpected Snow Causes Havoc In Australia – 17 Sep 10
Canada Chilling Fast - 16 Sep 10
See What’s Happening in Other Parts of the WorldObama: It Is Written, You Will Now Call It “Global Climate Disruption” (Video)
“Another word fraud.” “A vote for massive new regulation in the name of “global climate disruption.”
http://www.youtube.com/watch?v=d4t0grd6-z8&feature=player_embeddedNanodiamonds in Greenland Ice – Evidence of Explosions in the Sky at a Magnetic Reversal
15 Sep 10 — Trillions of tiny diamonds found in the Greenland Ice Sheet supposedly prove that a comet struck our planet about 12,900 years ago. But I don’t agree. I think they provide evidence of explosions in the sky triggered by the Gothenburg magnetic reversal. See Nanodiamonds in Greenland Ice – Evidence of Explosions in the Sky at Magnetic Reversal
| September snow surprise in Montana – 17 Sep 10 Roads Closed in Yellowstone Due to Heavy Snow - 12 Sep 10 Snow in Mammoth Lakes, CA - 9 Sep 10 See Record low temperatures in the United States Climate change a hoax by gravy-train scientists 1 Sep 10 – (Contains video link) – “Never mind the heat, climate change is a hoax by gravy-train scientists,” said astrophysicist Piers Corbyn, when asked about this summer’s heat wave in Russia. See Climate change a hoax by gravy-train scientistsGlobal warming is ‘bulls–t,’ says Ryanair boss 10 Sep 10 – The chief executive of Europe’s largest airline brands the consensus that man-made pollution is heating the planet as “horses–t.” See Global warming is ‘bulls–t,’ says Ryanair boss |
Related articles
- ‘Green News Report’ – April 3, 2012 (bradblog.com)
Earth On The Brink Of An Ice Age – Pravda.Russia
- Earth on the Brink of an Ice Age – Pravda.Ru
- ICE AGE
- Prepare for winter or Britain will grind to a halt again
- We should fear a deep temperature drop-not global warming
- Antarctica’s Filchner-Ronne Ice Shelf is growing
- What’s Happening in Other Parts of the World.
The earth is now on the brink of entering another Ice Age, according to a large and compelling body of evidence from within the field of climate science. Many sources of data which provide our knowledge base of long-term climate change indicate that the warm, twelve thousand year-long Holocene period will rather soon be coming to an end, and then the earth will return to Ice Age conditions for the next 100,000 years.
BREAKING! Taking America Down For British Banking Cartel : Russian Troops Coming To America To Counter State Militias!
AMERICAN FEDERAL FORCES STRETCHED TO BREAKING POINT – RUSSIAN TROOPS HEADING HERE TO HELP BRITISH OPERATIVE OBAMA TO SUCCEED IN QUELLING STATE UPRISINGS. RUSSIA ATTACK ON SOUTH OSSETIA/GEORGIA WAS PRACTICE DRILL FOR TEXAS OR ANY OTHER STATES IF THEY ATTEMPT TO SUSCEED. ALASKA IS IN GRAVE DANGER FROM THIS BANKING CARTEL PLAN FOR NWO.
Despite tensions over the deployment of Patriot missiles, Russia and NATO are cooperating with increasing closeness, especially in military training.
This comes as part of collaboration on military training exercises within the framework of Russian-NATO relations, which includes cooperation on broader issues like fighting terrorism and drug trafficking.
Launched in 2004, the joint exercises will resume for the first time since the conflict in South Ossetia two years ago that severely strained relationships between Russia and NATO.
The positive trend was also reinforced by the presence of NATO troops from the US, Britain and France taking part in the Victory Day Parade on May 9 in Russia this year.
The Russian armed forces also announced they will be ordering a new fleet of military transport aircraft from Ukraine.
Venture Funds Received By Medvedev, While LaRouche Address Sweeps Russian Internet
Criminal Rothschild Of London – Forcing International Debt With Monopoly Money!
George Soros: Hit-Man For The British Oligarchy
Americans Back To Reality: Its Time To Brace For Global Cooling!!!
EU Kyoto Scam/IMF Revolt: Greece, Iceland, Latvia Lead the Way
THE SPEECH THAT HASTENED PRESIDENT KENNEDY’S ASSASSINATION!
Jacob Rothschild – British Banking Cartel Crashing : Only America’s Glass Steagall Act Can Save USA
LaRouche International WebCast 3 Hours 18 Minutes
The British vs U.S. Glass-Steagall
11 Minutes
A New Era of Bipartisanship?
Pelosi Held Back CBO Numbers – Willfully Constructed To Deceive And Bleed American Citizens!
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- Summary Of Climategate Fraud: Lord Monckton Of Brenchley. (politicalvelcraft.org)
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- Rothschild Banker’s Political & Media Operatives Hide Inside: The Seditious Unsanctioned Council On Foreign Relations (politicalvelcraft.org)
- Banksters Within The United States: William Black Before Congress Tells The Real Truth! ~ H.R. 1489 Will Nullify The Banker’s Bailout And Return Our Money To Us. (politicalvelcraft.org)
- Ron Paul: The 45th President of the United States Of America! (politicalvelcraft.org)
Republican Press Conference On Obama Trashing America
Iceland Checkmates: Criminal Goldmann Sachs – International Banking Cartel’s Extortion Ponzi Scheme For New World Order!
Iceland Takes The Lead In Checkmating New World Order Criminal Banking Ponzi Scheme.
Birgitta Jónsdóttir, member of the Icelandic Parliament
DEMAND A GLOBAL REFERENDUM FOR THE ARREST AND CONVICTION OF THE INTERNATIONAL BANKING CRIMINALS.
HISTORY OF ABUSE BY THOSE WHO HAVE PROSPERED IN A OPEN FREE MARKET, ONLY THEN TO USE THAT FINANCIAL PROSPERITY TO GOVERN THE MARKET AND ENSLAVE THEIR FELLOW MAN!
EU Kyoto Scam/IMF Revolt: Greece, Iceland, Latvia Lead the Way
EUROPE'S KYOTO SCAM SENDING CONTINENT BACK TO THE DARK AGES
Europe’s Kyoto Scam | Cato Institute: Daily ..Complete Utter failure.
Kyoto sinks Europe: Billions in costs make it more and more …
Europe’s small, debt-strapped countries could follow the lead of Argentina and simply walk away from their debts. That would shift the burden to the creditor countries, which could solve the problem merely by a change in accounting rules.
Total financial collapse, once a problem only for developing countries, has now come to Europe. The International Monetary Fund is imposing its “austerity measures” on the outer circle of the European Union, withGreece, Iceland and Latvia the hardest hit. But these are not your ordinary third world debtor supplicants. Historically, the Vikings of Iceland successfully invaded Britain; Latvia n tribes repulsed the Vikings; and the Greeks conquered the whole Persian empire. If anyone can stand up to the IMF, these stalwart European warriors can.
Dozens of countries have defaulted on their debts in recent decades, the most recent being Dubai, which declared a debt moratorium on November 26, 2009. If the once lavishly-rich Arab emirate can default, more desperate countries can; and when the alternative is to destroy the local economy, it is hard to argue that they shouldn’t. That is particularly true when the creditors are largely responsible for the debtor’s troubles, and there are good grounds for arguing the debts are not owed. Greece’s troubles originated when low interest rates that were inappropriate for Greece were maintained to rescue Germany from an economic slump. AndIceland and Latvia have been saddled with responsibility for private obligations to which they were not parties. Economist Michael Hudson writes:
“The European Union and International Monetary Fund have told them to replace private debts with public obligations, and to pay by raising taxes, slashing public spending and obliging citizens to deplete their savings. Resentment is growing not only toward those who ran up these debts . . . but also toward the neoliberal foreign advisors and creditors who pressured these governments to sell off the banks and public infrastructure to insiders.”
The Dysfunctional EU: Where a Common Currency Fails
Greece may be the first in the EU outer circle to revolt. According to Ambrose Evans-Pritchard in Sunday’s Daily Telegraph, “Greece has become the first country on the distressed fringes of Europe’s monetary union to defy Brussels and reject the Dark Age leech-cure of wage deflation.” Prime Minister George Papandreou said on Friday:
“Salaried workers will not pay for this situation: we will not proceed with wage freezes or cuts. We did not come to power to tear down the social state.”
Notes Evans-Pritchard:
