Show Me The Money

   

Iceland’s peaceful revolution is a stunning example of how little our media tells us about the rest of the world. You can read the details about Iceland’s peaceful, successful social revolution, here: http://www.dailykos.com/story/2011/08/01/1001662/-Iceland-s-On-going-Revolution on Bloomberg.com, or here: http://www.bloomberg.com/news/2012-02-20/icelandic-anger-brings-record-debt-relief-in-best-crisis-recovery-story.html.

An article at WakeUpWorld says “The Icelandic economy will outgrow the Eurozone in 2012 and is set to outgrow the entire developed world on average, according to estimates from the Organization for Economic Cooperation and Development, here: http://wakeup-world.com/2012/05/25/the-silent-revolution-icelandic-anger-debt-forgiveness-and-activist-triumph/

Now Iceland is proceeding to actually prosecute some of their formerly most powerful bankers and the Icelandic special prosecutor has stated that it very well may indict some 90 people.

Meanwhile, over 200 people, including the former chief executives of Iceland’s three biggest banks, face criminal charges for their activities.

The following summation has been posted by countless people on Facebook; I’ve reposted it in its entirety:

ICELAND (GP) – No news from Iceland? Why? Last we heard, people were rising up and overthrowing the bankers. Then, no news on the television or newspapers for two years. What happened? Why won’t the papers and TV tell us how the bankers successfully crushed or minimized another rebellion? Because… THEY DIDN’T! This time, the people won.

The people of Iceland have overwhelmingly risen up and forced their government puppets of the banks to resign. Primary banks have been nationalized. The debt scam imposed by Great Britain and Holland money printers was declared null and void. A public assembly has been created to rewrite Iceland’s constitution.

The best part is, all of this happened without violence or bloodshed. A whole country’s revolution succeeded against powers that created the current global crisis without a shot being fired. A very good reason exists for the apparent failure of television and newspapers to provide any publicity on this unprecedented event: what would happen if the rest of the EU and the United States took this as an example?

The following is a summary of the facts:

2008 – The main bank of Iceland is nationalized.
The Krona, the currency of Iceland devaluates and the stock market halts. The country is in bankruptcy

2008 – Citizens rise up at Parliament and succeed in forcing the resignation of both the prime minister and the effective government. New elections are held.
Yet, the country remains in a bad economic situation. A Parliament act is passed to pay back 3,500 million Euros to Great Britain and Holland by the people of Iceland monthly during the next 15 years, with 5.5% interest.

2010 – The people of Iceland again take to the streets to demand a referendum. In January of 2010, the President of Iceland denies approval, instead announcing a popular vote on the matter by the people.

In March, a referendum and denial of payment is approved by popular vote of 93%. Meanwhile, government officials initiate an investigation to bring to justice those responsible for the crisis. Many high level executives and bankers are arrested. Interpol dictates an order to force all implicated parties to leave Iceland.

An assembly is elected to write a new constitution (based on the Denmark’s) to avoid entrapments of debt based currency foreign loans. 25 citizens are chosen — with no political affiliation — out of the 522 candidates. The only qualifications for candidacy are adulthood and the support of 30 people. The constitutional assembly started in February of 2011. It continues to present ‘carta magna’ from recommendations provided by various assemblies throughout the country. Ultimately, it must be approved by both the current Parliament and the one created through the next legislative election.

In summary of the Icelandic revolution, we saw:
-resignation of the entire corrupt government of the country
-nationalization of the bank
-referendum enabling the people to determine their own economic system
-incarceration of responsible parties, and
-a rewriting of the Iceland Constitution by its people

This is significant stuff.
Have we been informed about this through the main stream media?
Has any political program on radio or TV commented on this?

Not that I’ve seen. The Icelandic people have demonstrated a way to beat the international money printers and controllers of information. The last thing entrenched usurers would want is for you to think you could also free yourself from their chains.

The above article is a reprint.

~ Tom R.

UPDATE: Cenk Uyger has posted a good video on Iceland’s peaceful revolution at http://www.alternet.org/newsandviews/article/964401/cenk_uygur%3A_iceland_shows_bailing_out_middle_class_works%2C_not_bailing_out_banks/

UPDATE: Ex-Bank executives go to jail – In deciding the punishment” the Supreme Court took account of the fact that the “magnitude of the offences was significant,” according to the ruling posted on the Reykjavik- based court’s website, at: http://www.bloomberg.com/news/2012-06-07/iceland-court-sentences-ex-byr-savings-executives-to-jail.html

Watch the video, "How to Start a Revolution – Learn From Iceland!", which already has 115,475 views, here: http://bit.ly/WHrDNS

And this is what I've got to say about it:

We have a lot more people here and we have a democracy, kind of, that is support to represent everyone. So its harder to steer the ship. All that being said, our representatives should have done more. The corrupt financial policies are set up by a very few people. It goes like this... they told a lie. They said to government officials, we will take your money (well that part was true) and we will grow it, you know, like a magic bean.... like Jack in the Beanstalk. And then we you will get all these profits that we will generate because we are soooo smart and then we will take our fee and you can take a little cheese for yourself and everybody will be happy. So, a little common sense would have dictated this response no t'anks, because when something sounds to good to be true it is.

What happened was a very few people figured out how to digitally move that money around and then skirt it to offshore accounts and say the money's gone? Where? We don't know. Bad investments. The money just disappeared. Only it didn't. It's all nice and safely protected by people who not only feel entitled they have been allowed to remain in entitled positions which has discouraged anyone who knew anything about how this all happened to stay mum because those who were supposed to help them were in on it too.

What the you's and me's don't understand about this global economy is that money can be moved anywhere. Its just a number on a screen. And there are a very few people who realized this and decided to capitalize on everyone else's ignorance and greed.

So the politicians who made the initial deals had to go back to their people with their pockets hanging out of their pants and say, I... uh... I don't know what happened. Because one, how could they admit to the people they knew what they had done and two, many got paid off to shut up, keep their heads down and just go along.


Now this is where it gets interesting. Are you still paying attention? Then the same investment bankers said, we will help you out of this terrible fix. It is such a shame. And for a fee and for an interest we decide on, we will loan you back your own money... wait, I can't take it... and you can pay us back at your leisure. And that is why people in Greece are demonstrating and people here have been awakened to this issue. The corrupt people involved kept their jobs and are still playing the same shell game they have been playing all along. They are stuffing their pockets and most of it is floating off some island and remains tax free. And that'sa what happened. The people need to vote out the bastards that got them into this mess and they need to vote in honest people who have a lick of common sense and a ton of loyalty to their welfare of their own people. Will that happen? It's moving slowly. Greece almost kicked these guys in the seat of the pants and got them out. So did Paris. Back to the bargaining table and the interest rate lowers. So it doesn't hurt so bad. But it all still sucks.


I do think what Iceland has done and the way they approached the solving of these major problems is stellar and should be shared all over the world. It is an interesting point that it hasn't been. That we have to look for the news. But bravo to Iceland. Bravo.

I watched the Senate Committee investigations and CSPAN and got a lot of news from watching YouTube accounts by people who filmed demonstrations and spoke their minds here and abroad.  And then I made up my own mind based on a life time of experience and the rare golden bits of advice that my grandparents passed down to me.  Its called common sense and we could use a whole lot more of it.  You can't have all of the money that these guys were intrusted with just suddenly disappear.  It is too easy to set up "companies" and places to invest money because again, its deception is as easy as a crook and an idea and somebody who is apple to window dress it and sell it, a solid gold pocket watch to a dollar.  Its nothing new.  

We saw in the news here that these shell houses, little houses in way out in the middle of nowhere USA, were supposed to be huge high rises with all of these corporations that didn't exist doing business in them.  That was on the regular news.  Oh investigations were going to take place.  But I never heard that anybody actually got arrested.  I mean, that would have been a newsworthy item to feature.  There is a reason why only 2% of the world wide population have 98% of the world wide money.  They pirated it away and they're drinking rum and enjoying being masters of the universe.  And boy oh boy, did they get all up in arms, quite literally when people wanted to kick them out of the poker game for cheating.

So its like that.  I don't know who these guys are.  We don't share tea cakes and drinks.  And I've got a brain injury so I'm not functioning at my peak anymore.  But I could figure this out.  Look, I'm just a person writing a blog.  But there are lots of people out there who figured out that the money went somewhere and that it was such a huge heist only a few people knew about it and they sure as hell had wiggled their way into government positions of influence so they could make sure the money kept moving in their direction.  If our government investigators were pure and were not corrupted there would have been a lot more done about all of this.  So without knowing who done it... we know its been done.

Oh, and Iceland... rocks.