NO ALTERNATIVE? SEE ICELAND

All this has happened and hundreds of millions of lives have been severely affected because of the claim that there was �no alternative� to bailing out the banks that had caused the problem. But the people of Iceland have shown that this is nonsense. You would have heard a great deal about Iceland in 2008 when its banking system suffered a monumental and extraordinary collapse. It was, relative to the size of the Icelandic economy, the biggest banking crash in economic history.

You hear very little about Iceland today because of the way its population of 320,000 dealt with the enormous challenges they were suddenly facing. Don�t mention Iceland � Shhhhhh! There is nothing more dangerous to �no alternative� than another alternative that works � the threat of a good example.

So Iceland? Schtum.

Today, just three years later, Iceland�s economy is recovering from the biggest comparative banking collapse in history because � they didn�t bail out the banks � they let them fail. Those who caused the problem took the consequences. This was the result of the Icelandic people refusing to take the hit for the mess the banks had created.

It was not the Icelandic people who chose to invest in the seriously dodgy foreign investor accounts promoted by Iceland�s private banks offering a better rate of return � it was the overseas investors. Why should those who didn�t own the banks repay the losses of private owners and investors in those banks? That was the stance of the Icelandic people and they were not budging.

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Baaaa-aaaa!
Baaaa-aaaa!

To be fair, there's also the innate feeling that all will be OK. The public has for the most part been programmed to believe that Big Brother will take care of them- it says so on the TV!

So true. But we know what an excellent job government did helping the people of New Orleans so why worry?

But Iceland�s stand on the debit problem has got to have the bankers terrified. If the people start to realize that this debit is not their debit the elite�s entire banking system could fall apart.

Greece needs to tell Goldman Sachs to go to hell and then get out of the eurozone and get back to the drachma.

Yes but they have to be very careful how they might go about doing that. Libya was pushing for the use of a gold standard for the sale its oil and look what happen there. The bankers get very angry when someone challenges their system.

I agree with Iceland's approach....we should never have bailed out the banks. They
should have been forced to take the consequinces.

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May you always have..Love to Share, Health to Spare, and Friends that Care!

The world is not run by presidents, ministers, or kings, its run by bankers.

Bankers control all government, the military industrial complex, and anyone who has an account or visa card.

Even though people voted (by calling their senator) in favour of letting the banks fail by over 70%, congress bailed them out anyway. Now thats what I call a kick in the teeth. The end result is that its going to happen again within the next year or two, just wait and see, and look at the billions that were given as bonuses to these already filthy rich a$$holes.

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Let Food Be Your Medicine And Medicine Be Your Food.(Hippocrates)

The real story behind that is Qhadafi was going to give every Libyan citizen so many shares of the national oil company and that pissed off the bankers.

I was told 30 yrs ago in college about shit like this. The guy was right.

except maybe Iceland?

I think that this is a reason to amplify states rights.. If states could choose more in their destiny, they could opt out of bailouts and sending money and national guard to war. Only when small nations with strong leadership and people who are connected in spirit and intent, these are the ones who can control their destiny, not a a large nations under heavy bureaucracy and corporate interests.

Iceland is melting.

That over-rules politics, human rights, freedoms, etc.

Quote:

If states could choose more in their destiny, they could opt out of bailouts and sending money and national guard to war.

This is not possible as long as congress remains corrupt.

Look at president Obama. he supports nuclear energy, "clean" coal, big pharma, the military industrial complex, wall street, big business,GMO crops, and trade agreements that would result in even more lost jobs.

These are the very same people who contributed to his campaign, and now he is returning the contributions 1000 fold, on the backs of working class Americans. He is rapidly becomming the worst president in history, with only 38% support from the very people who elected him.

Yes, worse than Clinton, even worse than Nixon.

Corruption starts at the top, therefore, the only solution is to get rid of everyone in power, and elect "common" people, such as police officers, teachers, construction workers, etc, not millionaire lawyers or politicians.

And that will only work if the people demand no more lobbying for any reason. The revolving door policy has to end and the people who worked in their own interests rather than for the people, need to go to prison, while the non-violent offenders, like the people in jail on drug charges, need to be released.

I don't agree with alot of things Ron Paul stands for, but he is the only person who would get America out of those 2 non-winnable wars, he would abolish the molestation that goes on at airports, he believes in vitamins and supplements, free choice when it comes to being vaccinated or not, he believes in organic food...not GMO crops, he would take the "profit" out of health care, he would not allow any more bail outs, etc..

Ron Paul is the starting point.

Ron Paul is a starting point, unfortuanately he has not what it takes to get elected. No charisma, which is what the American voter looks for... he has zero, zip. None... unfortuante as that is, that is how Americans vote these days.

If you can't change things at the top, change them at the bottom. Lets states recreate their power and become more autonomous. for instance...

thwarting federal regulations against states best interest at every turn.
Legalizing drugs,,, especially pot
Not allowing nor supporting FDA rule in farming, food and supplement industries.
Standing up to federal "authority" when it is in conflict of what the people need and want on a state by state case.

Keeping their own tax collections that typically would go to federal government and only paying percentages to federal projects that each state by a populous vote agrees on.... not on the vote in congress by a bunch of paid off politicians.

there is so much that could be done to return rights and freedom to individuals and states, but it will never happen with the federal government in control.

I agree, that all those at the top need to be fired. But how? who has the force?

Only through open rebellion on a state level...

any state that wanted to succede would have my support.
Now the are trying to pass a bill where succession is illegal by a constitutional ammendment.
Somebody better do it quick to make a precident before its too late.


and as far as I can see the tea party is a dismal failure... they pretend to be what they are not.... all those sweet rural country folk who backed the tea party were taken for a ride.