Wednesday, January 6, 2010

INTERNATIONAL BANKING SYTEM TRIES TO BREAK ICELAND

Einars Már Gudmundsson, a novelist, said: "We're told if we reject the terms, we will be the Cuba of the North. But if we accept, we'll be the Haiti of the North." - [Because of the usurers, who manipulate the food prices too, they'd also eat mud-cakes...]*

ICELANDERS BETTER WATCH OUT: THE 'NEW' CENTRAL BANK DIRECTOR COMES FROM THE BIS...

Henk Ruyssenaars - Former Scandinavia correspondent

January 6th 2010 - What in reality is happening, is easy to see for those who connect the global dots. The international BIS* banking system, which for years wrecked the economy of Iceland, also tried that way to get Iceland into the usury fold of the European Union. The people on Iceland understood this usual swindle, and many refused that - as always - the profits were privatized by the bankers and their collaborators, but losses were nationalized. Meaning the Icelandic tax payers would foot the bill.

Also president Olafur Ragnar Grimsson knows this is illegal, as usual, and apart from that he received a petition by the In Defense movement, which he can't overlook. In Defense gathered 56,000 signatures, and that's a quarter of the voters. They all also want a referendum, and that's why president Grimsson vetoed a law to pay Britain and Holland for losses made by Icesave depositors.

There is an interesting Icesave analysis: "What does the President’s Veto mean?" on the web site of Iceland Review:

"After the President of Iceland used his power to put the so-called Icesave-law to a national vote the Icelandic people are sharply divided. Many thought that the negotiation was handled poorly and that the British and Dutch governments treated Icelanders unfairly. Others are afraid that Iceland will be punished by not getting financial support from the International Monetary Fund and others who had promised to lend the country money. Many have interpreted the news as indicating that Icelanders do not want to pay their obligations. This is not a fair understanding of the national mood." - [end excerpt] - Source: Iceland Review - Url.: http://tinyurl.com/ye9my47

BUT ICELANDERS BETTER WATCH OUT: THE 'NEW' CENTRAL BANK DIRECTOR COMES FROM THE BIS...

From my point of view, they have the 'enemy' within their banking walls. Because the first one who jumped into the Icelandic 'money mess' was Már Gudmundsson, who became (?) the 'new' director. He formally began working as the new director of the Central Bank of Iceland on August 1st in 2009, replacing Norwegian Svein Harald Oeygard. The latter was hired to the position temporarily after his three predecessors were made step down in February. [According to the Icelandic Constitution NO foreigner is allowed to have a function like that. - HR]

In 1991, Már Gudmundsson was hired as director of the Central Bank's economic division and later became the bank's senior economist. But the problem is that in 2004: "Gudmundsson moved to Switzerland to work as assistant managing director of the monetary and economic division of the Bank for International Settlements (BIS) in Basel, a position which he served until being appointed director of the Central Bank of Iceland." - [end quote] - Source: Iceland Review - Url.: http://tinyurl.com/lfygvv

Google search 6 Jan. 2010: Web results 1-10 of about 9.900 for BIS +"Central Bank of Iceland" - Url.: http://tinyurl.com/me2l2m

So, Gudmundsson comes more or less straight from the BIS, Rothschild's Bank for International Settlements in Basel, in Switzerland, to avoid more usury? More robbing of Iceland? And, in case you don't know what the BIS is, it's a bank which calls itself 'the Central Bank for all Central Banks' which at present means fifty-six central banks in countries the world over. You are most probably robbed by them too. And have been for ages. That goes for the eastern part of the world as well.*

BIS: A DEBT AND ENSLAVING SYSTEM BUILD ON USURY

The criminals who direct the BIS and control the monetary flow on earth, this whole usury system, have taken humanity for a ride as long as they can remember. And the people in general, the tax payers of course, had and have to pay the overpriced tickets themselves. It's a debt and enslaving system, build on usury, and that's the 'new' director of the Central Bank of Iceland? Icelanders better beware!

The IMF, the International Murder Fund as it is known to its clients, because it strangles them, and which is compliant and obedient to the 'authority' of the BIS, like the fraudulent private banking cartel, the Federal Reserve in the US and ALL central banks, immediately threatened to do not support any more 'loan' to go to Iceland. Which in reality would be better of in such a case.

And also in Sweden, where the Wallenberg dynasty* is the franchiser for Rothschild's BIS and their collaborators in London, the swedish arm of the BIS money mafia started threatening too.

One good look at the dark brown roots of their BIS bank and the European Union for instance, convinces everybody of the malignant pans in store for Iceland and the rest of the world. The present global misery in the long term planning of this criminal BIS cartel went further than Iceland: it's global. - Url.: http://tinyurl.com/yjohdgu

And, no - as I wrote last year 2009, in April - I absolutely don't think that Iceland 'voluntarily' should join the murdering money mafia within the by the war profiteers financed European Union. They - just to make sure the now close to 500 million people in 27 countries stay in line - also reintroduced capital punishment - of course and like in so many cases - without telling anybody. Knowing the death penalty is abhorred by the human beings in the EU, but now they unwittingly got it.

Since last year's 1st of December 2009 - with 'constitutional legislation' which nobody of the 495 million people in the 27 EU countries who's future was concerned ever was asked about, which none of those hundreds of millions ever was allowed to read or voted for - the totalitarian superstate EU got its selected 'president' in the abominable Belgian PM van Rompuy and the illegal Union started further on their rotten road to hegemony. The EU countries have ''One Central Bank for ALL central banks,'' as the Bank for International Settlements, BIS, in Basel, Switzerland says on its web site.*

One must keep in mind to see those developments and the curbing of human rights in a global way. Because that is how the usury and power system since centuries work. To give an example, explaining the origin of this part of the global corporation and the European Union, which only is a production unit in the big picture:

PRODUCTION & PROFIT UNIT 'EUROPEAN UNION'

The Rothschild 'Bank for International Settlements' (BIS) - in Basel in Switzerland - is part of the new world order (NWO) agenda and also started their production & profit unit 'European Union' for more than 50 years ago: "It has also served as the depository for the secured loans of the European Coal and Steel Community [the predecessor of the EU] - and has exercised the functions of agent for the 'European Monetary Cooperation Fund''. - The profits, you know...

Which after enough illegal and secret scheming became the 'European Union' part of the World Government. A lot of info about the monetary planning of the NWO and Rothschild's BIS and the BIS subservient US Fed. is here: "The 'Bank for International Settlements' and the Federal Reserve" - by Charles J. Siegman, who worked for the usurers. - Url.: http://tinyurl.com/6fzfcd

'ONE WORLD GOVERNMENT'

And we better take ad notam what an excellent researcher and publisher like Eustace Mullins wrote about the Bank for International Settlements, the 'One World Bank' is BIS? - Google 'selection' to make up your own mind. - Url.: http://tinyurl.com/brapst

The only solution for Iceland too, is to resist the 'One World Government' that is trying to take away all of our human rights, including and foremost the freedom of speech too. And even if many know it, it can't be said enough: Human rights we have to fight for every day.

It is my definite conviction that the EU is a deadly straight-jacket for the sovereignty and human rights of the people on Iceland too. Iceland should never join this malicious mafia of usurers and BIS bandits in the so called European Union. They leave a trail of debt, enslaving everybody as much as they can, commit illegal invasions and kill millions of people for power and profit. But they think and behave as if they were not criminal and untouchable. Nver have so few damaged

Billion dollar loans which can not be repaid because of IMF's economic drastic measures have already enslaved Iceland enough. The tide must be turned to stop the further bleeding and demise of the Icelandic people too. Because, as Hjörtur J. Guðmundsson wrote: "Iceland Is Sacrificed to Save EU: Shame on Britain and Holland!" - Url.: http://www.brusselsjournal.com/node/4204

The European Union, in order to save itself from the faults of its own legislation, has decided that Iceland and the Icelandic people are expendable. Realising its own failures the EU has decided, through the British and Dutch governments, that the Icelandic authorities have to shoulder the responsibility which is rightfully the EU regulators’. This is what the so-called Icesave dispute is mainly about.

The dispute started in October 2008 when almost the entire Icelandic banking system collapsed. One of the three largest Icelandic banks, Landsbanki, had operated internet savings accounts in the United Kingdom and the Netherlands collecting large amounts of deposits by offering high interest rates. These accounts were operated with the approval of the British and Dutch authorities and their operation was made possible by EU laws.

Immediately after Landsbanki had collapsed and subsequently been taken over by the Icelandic authorities, the British and Dutch governments insisted that Icelandic state was responsible for the Icesave savings accounts. Therefore the two governments demanded that Iceland and its population of only 300,000 people compensate the billions of euros in lost savings plus interests in the UK and the Netherlands.

Responding to the demands from the British and Dutch authorities the Icelandic government in turn announced it would certainly honour its obligations but insisted that it was not clear what these obligations were exactly. The matter should therefore be resolved by a neutral court. The British and Dutch governments, however, dismissed this and instead insisted that the issue would be resolved politically and not legally." - [snip]

Perhaps the most recent example of such admittance occurred on March 3 this year when the Dutch Finance Minister, Wouter Bos, said in a speech: “First and foremost, European countries need to take a close look at how the deposit guarantee scheme is organised. It was not designed to deal with a systemic crisis but with the collapse of a single bank.“ Nevertheless Bos is insisting that the scheme be applied to the Icelandic systemic crisis." [ [end quote]

Wouter Bos, by the way, is one of the biggest traitors in The Netherlands. After his study as an economist - what else - he was trained by SHELL - one of the main parts of the usury cartel - for ten years, and now - of course - holds the purse in Holland for his bosses. All those criminals know about the BIS, where the central bank directors too are 'governors' - but they'll never say a true word about this. They shut up, and make their tax payers pay up. Bos and his ilk should be jailed for life!

Anyhow, in Iceland many people have have seen that the BIS's European Union only is a slave ship on BIS's totalitarian monetary flow - Url.: http://tinyurl.com/d55dk3

An acceptable article was published by the Telegraph's Ambrose Evans-Pritchard: "Angry Iceland defies the world: Iceland's president has blocked a Bill to pay Britain and Holland up to £3.4bn for Icesave depositors, acknowledging that popular feeling in the island nation is too strong to proceed without a referendum. Picture: Hundreds of people gathered outside the residence of Iceland's president Olafur Ragnar Grimsson to submit a petition.

Daily Telegraph - 06 January 2010 - The move reopens a bitter dispute and greatly complicates Iceland's loan agreement with the International Monetary Fund. It has already led to a fresh downgrade to BB+ by Fitch Ratings, which called the decision "a significant setback to Iceland's efforts to restore normal financial relations with the rest of the world." The Icesave law was passed by Iceland's parliament in a knife-edge vote late last year, but a petition by the InDefense movement has changed the political landscape. The lobby collected 56,000 signatures – a quarter of voters.
 
President Olafur Ragnar Grimsson said the "overwhelming majority" wanted a direct say over the matter, and that no settlement would hold without their assent.

"It is the cornerstone of the constitutional structure of the Republic of Iceland that the people are the supreme judge of the validity of the law," he said. "At this crucial juncture it is also important to emphasise that the recovery of the Icelandic economy is a matter of vital urgency".

If voters say "No" when the referendum takes place in a couple of months, the accord thrashed out with London and the Hague during months of wrangling will no longer have any credibility, whatever the legal niceties.

The reality is that Icelanders have erupted in collective rage at what they believe to be gross injustice and "gunboat diplomacy" by Downing Street. What rankles is Britain's use of anti-terrorism law to freeze Iceland's assets. The Icelandic central bank was listed besides al-Qaeda as a terrorist body – unprecedented treatment for a NATO ally. Holland was careful not to go so far. "Importers couldn't get trade finance for food. We feel deeply wronged," said Johannes Skulason from InDefence. Shelves were bare for weeks in Icelandic shops as the banking system disintegrated.

Einars Már Gudmundsson, a novelist, said most citizens were unaware that Iceland's three leading banks – Landsbanki, Glitnir and Kaupthing [HR: which all used the BIS swindle tactic] – were operating as global hedge funds with exposure of 11 times Iceland's GDP.

"I had never heard of Icesave till this happened," said Mr Gudmundsson. "We were told that what these banks did abroad was nothing to do with us but when it all went wrong the responsibility fell back on us. Profits were privatised, but losses were nationalised." He added:

"We're told if we reject the terms, we will be the Cuba of the North. But if we accept, we'll be the Haiti of the North."

Both Britain and Holland expect Iceland to stick to its agreement, but the legal claims are far from watertight. Iceland accepted "political responsibility" for the 320,000 British and Dutch deposits in exchange for lenient terms (arguably denied) in November 2008, but never accepted the legal claim. The UK has refunded private savers up to £50,000, but councils such as Kent are relying on the deal to recoup their money. They have retrieved £100m of the £900m put in Icelandic accounts.

Iceland's Left-wing coalition – which unseated free marketeers in February's "Saucepan Revolution" – has backed the Icesave terms, deeming it is the only way for Iceland to move beyond the disastrous episode. The petitioners said they accept that Iceland's people should foot part of the bill, but object to the "Versailles" terms: a loan at 5.55pc interest, to be repaid within 15 years. The central banks said this will increase Iceland's public debt by 20pc of GDP.

A report by Sweden's Riksbank said Britain and Europe share blame for the fiasco. It said "absurd" EU rules – which cover Iceland indirectly – told states to set up a "guarantee scheme" for banks, but never said taxpayers were liable for losses. The reports added that the UK "hardly bothered" to inform savers that the schemes were ill-funded. "The conclusion is clear: the EU host countries (UK and Holland) are also to blame for Iceland's disaster. It would be reasonable that they carry some of the burden. It takes two to tango," it said.

The UK Financial Services Authority said it was unable to stop Icelandic banks raising deposits in the UK under the EU's "passport" system, even when they began milking UK customers to cover losses at home. Whatever the rights and wrongs, Iceland was by then already being crushed by a financial tsunami. Britain's use of anti-terror laws at that moment will not sit pretty in diplomatic history." - [and end]

Related Articles via Url.: http://tinyurl.com/ylecz8g

However: directly underneath the article you'll find this, some ads by Google:

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And, to give you some more food for thought: why haven't ever the Chinese or Russian leaders, or any other of the big 'Moral Knights' which now are on the covers of their propaganda media, asked for an investigation of 9/11? Or audit of the Fed?

Or why all those illegal invasions and killing millions of people is necessary?

Because they have nearly all joined the mad money mafia, the criminal cartel of Rothschild's BIS usury system. And profit from it. Profit immensely from the blood, sweat and tears of the people. That's why.

They are criminal people drinking from a well which is poisoned.

And has been as such for centuries.

"The king to the banker did say: Tis I who ride you this day.

This day it is true, the banker did say: But tomorrow tis I who ride you."

And that's what Iceland wants to avoid!

Being cannibalized by the BIS bandits.

As so many others...

HR

RELATED:

* Guðmundsson: "Iceland Is Sacrificed to Save EU: Shame on Britain and Holland!" - Url.: http://www.brusselsjournal.com/node/4204

* Global Hunger Epidemic: Who manipulates the prices? - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=3054

* Haiti: Mud cakes become staple diet as cost of food soars beyond a family's reach. With little cash and import prices rocketing half the population faces starvation. - [ ] - "It stops the hunger," said Marie-Carmelle Baptiste, 35, a producer, eyeing up her stock laid out in rows. She did not embroider their appeal. "You eat them when you have to." These days many people have to. The global food and fuel crisis has hit Haiti harder than perhaps any other country, pushing a population mired in extreme poverty towards starvation and revolt.

Hunger burns are called "swallowing Clorox", a brand of bleach. The UN's Food and Agriculture Organisation predicts Haiti's food import bill will leap 80% this year, the fastest in the world. Food riots toppled the prime minister and left five dead in April. Emergency subsidies curbed prices and bought calm but the cash-strapped government is gradually lifting them. Fresh unrest is expected." - [end excerpt] - Source: The Guardian (UK) - Url.: http://tinyurl.com/5ddz5k

* Norwegian French anti-corruption judge Eva Joly is investigating - Url.: http://tinyurl.com/yczxqp8

* The confirmation of the BIS/China cooperation came again on 7 March 2005 in a BIS Press release. - Url.:
disc.yourwebapps.com/discussion.cgi?disc=234999;article=2649

* HR & Sweden - Google search - Url.: http://tinyurl.com/yaku2ha

* HR & the Wallenberg dynasty. - Url.: http://tinyurl.com/yaku2ha

* Google search: Web Results 1 - 10 of about 1,020 for HR +"Lisbon Treaty" - Url.: http://tinyurl.com/yzagtgu

* Google search: Web Results 1 - 10 of about 423 for HR +"European Union" - Url.: http://tinyurl.com/yjdvj6v

* THIS IS VERY IMPORTANT: LISBON II: THE DARK ROOTS OF THE EUROPEAN UNION - Url.: http://www.eu-facts.org/en/background/dark_roots_europe_lecture.html

* Web results 1 - 10 of about 617 for Schachtschneider +EU +"death penalty" - Url.: http://tinyurl.com/yddcbv

* Google search: Web results 1-10 of about 613 for Henk R. +"European Union" +BIS - Url.: http://tinyurl.com/ydouyha

* Google search: Web results 1-10 of about 889 for Central Banks, The Crimes of Usury and Fraudulent Fractional Reserve Lending" +BIS - Url.: http://tinyurl.com/yftan3f

* Lisbon II - How it pushes the Militarisation & the Armaments Industry - Tuesday September 22, 2009 - by Joe Higgins MEP - Socialist Party - Url.: http://www.indymedia.ie/article/94162?print_page=true

* Google search: Web results 1-10 of about 409 for Henk R. +Rothschild +Rockefeller +BIS - Url.: http://tinyurl.com/y9shysc

* Read the stories that TV news networks forget to report! - Url.: http://tvnewslies.org/html/lapdog_press.html

* Pentagon used psychological operation on US public, documents show - Url.: http://rawstory.com/2009/10/bryan-whitman-2/

* TV News and which lies? - Url.: http://tvnewslies.org/tvnl/

* THE SORRY STATE OF WORLD AFFAIRS - Url.: http://tinyurl.com/5tz8uz

* THE LATEST ARTICLES PUBLISHED ON THE APFN WEB SITE: JUST TYPE MY NAME INTO THE 'SEARCH' FIELD ON THE SITE, CLICK, AND THERE YOU ARE. - URL.: http://disc.yourwebapps.com/indices/234999.html

* IT'S DANGEROUS TO BE RIGHT, WHEN YOUR GOVERNMENT IS WRONG - VOLTAIRE

* COPYRIGHT NOTICE - In accordance with Title 17 U. S. C. Section 107 - any copyrighted work in this message is distributed by the Foreign Press Foundation under fair use, without profit or payment, to those who have expressed a prior interest in receiving the information. Url.: http://tinyurl.com/3z3r6

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