More Icelandic bankers arrested

More Icelandic bankers arrested

www.icenews.is

Iceland’s special prosecutor into the banking crisis has confirmed that raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation.

(visit the link for the full news article)

Plucky little Iceland is showing much more sense than the larger nations. Instead of knuckling under to the bankster/IMF "austerity" scam, they have correctly identified the fundamental problem -- the banks themselves Their response to the global financial crisis has not been reflex genuflection before the big banks, followed by cranking up the taxes and slashing benefits. Instead, they have dared to tell the banks to man up and take their losses like real capitalists. If only the rest of the world could follow suit.


www.icenews.is
(visit the link for the full news article)

reply to post by silent thunder


I am SO impressed with Iceland. They're the only ones ones who stood firm, called like they saw it and then, took totally appropriate action.

Hats off, curtsey, bow and everything.

great music and morals, go iceland go.
capitalism is dead though, a worthy effort but pointless outside of the clean conscious they have the privilege to enjoy.

*sigh of relief* I was really expecting this to be the other way around. Central banking prosecuting realistic economics.

Thank You OP!

There's more to it than meets the eye!

What Happened?

Iceland Jewish Prime Minister Geir Haarde allowed the country to become an international Zionist banking center. They offered astronomical rates on CDs, and people transferred their money in. Then the Zionists took the money. and the banks collapsed.

He attended Brandeis university on a Jewish scholarship.

Iceland's First Lady

Dorrit Moussaieff is an Israeli, whose father is a Jewelry czar. Her grandfather is Shlomo Moussaieff who is one of the wealthiest real estate moguls in Jerusalem.

Sholmo got his start robbing graves for jewelry.

72.52.208.92...

en.wikipedia.org...

One of the key players in the Obama administration’s $900 billion economic stimulus package is Obama’s new budget director Peter R. Orszag.

Orszag, 40, is the director of the Office of Management and Budget [OMB], the arm of the White House responsible for crafting the federal budget and overseeing the effectiveness of federal programs. He worked closely with Rahm Israel Emanuel in the Clinton administration - when the disastrous NAFTA was passed - and was one of the first Obama appointees to be approved.

”In the coming years, no bureaucrat will be as decisive as Peter Orszag,” Ezra Klein wrote recently in The American Prospect. So, who is Peter Richard Orszag and what kind of decisions will he make with the budget he controls?

Oddly, Orszag’s background has received virtually no attention in the media. At this critical moment, however, it would be foolish to ignore the troubling background of Obama’s budget director, which deserves to be looked at very carefully.

Orszag, for example, could start by explaining exactly what happened to the Icelandic economy. Orszag was, after all, the founder and president of the economic consultancy firm which advised the Central Bank of Iceland, before it went bankrupt. How did Icelandic banks become so indebted? Ask Peter Orszag.

www.vnnforum.com...

Every time I hear about central banking controversies, I can't help but get a visual of Bernanke in my head.

Sooner or later, we are going to absolutely have to radically reorganise our bankiing system into a limited profit basis.The capitalists must be put on a short leash.
There are too many ways that enormous amounts of money are drained out of the supply and made to dissapear into the bankers pockets.
Far too little controls or restraints are imposed on pure money dealings.
Stocks, and bonds are also far too easily rigged by those who hold enough funds to manipulate values, interest rates, and all the markets.

It is good to see there is still some common sense left in the world, now it just needs to spread and clean up a lot of these other problems going on.

I would move there if I could stand eating fish every day.
Go Iceland! Plucky is the right word for them.
You gotta respect how the people of Iceland have taken matters back into their hands.
If only this idea spreads.......

wow that is a fresh wind that blows...
good news...

kx

reply to post by Asktheanimals


They have puffins too, and they are supposed to be amazingly delicious.

Iceland is where I trace my closest lineage. Common sense would be a virtue unto that culture, if only someone could define the sense of common. It would be lucky for the entire world if they could put the hammer down on just a few of these scammers. Setting precedent in this manner could go very far. I still tend to think that this will get buried.

Icelanders are obviously communist sympathizers and terrorists that need to be bombed and democracy brought to their country. Wait they have democracy? Then they need more freedom, because they are obviously communist socialist freedom haters.

When Geir H. Haarde was in charge and getting blaimed for all hell breaking loose here in Iceland he made us all feel sorry for him... he announced thad he had a malignant tumor and didn't have a lot of time left so everyone kinda backed off him. 2 years later he's still walking around with a smirk on his face.

Originally posted by willimusin
When Geir H. Haarde was in charge and getting blaimed for all hell breaking loose here in Iceland he made us all feel sorry for him... he announced thad he had a malignant tumor and didn't have a lot of time left so everyone kinda backed off him. 2 years later he's still walking around with a smirk on his face.

Jesus! that Trick is as old as Moses!

its the old "please feel sorry for me and my poor family" routine.

it gets real stale after a while.

I'll bet while he said all that, at least a $million and hour went in ONE DIRECTION ... South!