-- Posted Friday, 16 April 2010 | | Source: GoldSeek.com
By R. D. Bradshaw
My research on the Iceland crisis, now in the media, suggests that the little nation of Iceland (of something just over 300,000 people) lost the control of its money and banking system to the Rothschild Cabal gang of thieves and money manipulators some years ago, as also happened in many other nations. As some of us know, this gang of thieves and crooks has been trained in manipulating money for profit and gain over many, many, long years (on this, see Understanding Money and War XIV, at www.analysis-news.com).
Wikipedia and numerous internet sites have the backdrop on the Icelandic crisis. It appears that the primary groundwork for the problem was laid back in the early 2000s as the money changers, who owned/controlled Iceland’s money and banks, moved to promote intense speculation with derivatives and risky loans by Iceland’s major banks—to include the Kaupthing, Landsbanki (called IceSaves in Britain and Holland) and Glitnir banks. Iceland ran up huge debts to the big Rothschild Cabal banks in England, Holland, Germany and evidently other EU countries. Apparently, the Cabal had encouraged some local British and Dutch banks/savers to put some money into at least the IceSaves bank whereby the Cabal money lending bosses could use this money to speculate in the financial markets.
As things had worked out, Iceland had stayed clear of the European Union because many of its people wanted independence and did not wish to be a part of the EU which was doing things that the people of Iceland disapproved of (like the admissions of thousands of alleged Third World welfare recipients which Iceland simply didn’t want to have to support with its limited state welfare program). But apparently, there had been some contacts over Icelandic membership in the EU despite the question of admitting welfare recipients. For sure, the Cabal bosses in London wanted Iceland in the EU.
When the Rothschild Cabal directed deflation and depression hit Europe and the US in 2008, it of course came home to little Iceland as well. All of sudden, Iceland’s money-changer banks had huge speculative debts to foreigners which could not be paid. Iceland was on the verge of bankruptcy and a major default.
While the US dollar was soaring, the money changers manipulated global currencies to cause many other currencies to decline sharply in value. Iceland’s krona was one of those hurt by the Rothschild Cabal manipulations. Iceland had a run on its foreign deposits in Britain (particularly with IceSaves) to add to the problems (although this run may have been caused by or instigated by Cabal bankers in London since the Cabal is known to create currency panics and runs to support its objectives, as happened with Washington Mutual).
According to Wikipedia, Iceland’s banking collapse was the largest suffered by any country in economic history, relative to the size of its economy. The Icelandic króna declined more than 35% against the euro from January to September 2008. Inflation of consumer prices was running at 14%, and Iceland's interest rates had been raised to 15.5% to deal with the high inflation. With this state of crisis, the governing politicians started looking for ways to borrow money from Russia, the EU or the IMF to bail them out.
But as far as the Rothschild Cabal bankers in London and Holland, there would be no help unless and until Iceland agreed to tax her people heavily in order to pay off the losses to the big Rothschild Cabal banks. Quite naturally, Iceland’s political leadership agreed to do just that very thing— pay off the banks and put the tax burden on the people of Iceland. Of course, this solution was what was happening in the US (with TARP) and in the EU. The Rothschild Cabal masters in London thought that Iceland would be another stupid pushover to bail out the Cabal banks.
Backdrop in Iceland Causing the Mess
Wikipedia mentions a phone conversation in Oct 2008 between Icelandic Finance Minister Árni Mathiesen and UK Chancellor of the Exchequer Alistair Darling (evidently demanding that Iceland tax her people and pay off the Rothschild Cabal banks).
That evening, one of the governors of the Central Bank of Iceland, Davíð Oddsson, was interviewed on Icelandic public service broadcaster RÚV and stated that “we [the Icelandic State] do not intend to pay the debts of the banks that have been a little heedless”. He compared the government’s measures to the U.S. intervention at Washington Mutual, and suggested that foreign creditors would “unfortunately only get 5–10–15% of their claims”. A long standing opponent of Icelandic membership of the European Union and adoption of the euro as national currency, he also claimed that “[i]f we were tied to the euro, […] we would just have to succumb to the laws of Germany and France.”
Per Wikipedia, Alistair Darling MP announced that he was “taking steps to freeze the assets of Landsbanki in the UK. The Landsbanki Freezing Order 2008 was passed at 10 a.m. on 8 October 2008 and came into force ten minutes later. Under the order the UK Treasury froze the assets of Landsbanki within the UK, and introduced provisions to prevent the sale or movement of Landsbanki assets within the UK, even if held by the Central Bank of Iceland or the Government of Iceland.
“The freezing order took advantage of provisions in sections 4 and 14 and Schedule 3 of the Anti-terrorism, Crime and Security Act 2001, and was made because the Treasury believed that action to the detriment of the UK's economy (or part of it) had been or was likely to be taken by certain persons who are the government of or resident of a country or territory outside the UK…”
Thereupon, the UK’s Prime Minister Gordon Brown stated that the UK would take legal action against Iceland. The following day the Icelandic government was outraged that the UK government applied provisions of anti-terrorism legislation to it in a move they dubbed an “unfriendly act.” The Chancellor of the Exchequer also said that the UK government would foot the entire bill to compensate UK retail depositor, estimated at £4 billion (with a demand that Iceland pay back the UK). It has since been reported that more than £4 billion in Icelandic assets in the UK were frozen by the UK government (evidently in the form of a hostage to make Iceland pay off the UK claims).
In a nutshell, the Rothschild ruled Britain demanded that Iceland pay off the banking losses of the Rothschild Cabal banks in the Icelandic crash which the Cabal caused. Iceland said no. So the Rothschild owned Britain defined Iceland as a terrorist state and seized property of the Icelandic bank(s) and possibly some other Icelandic assets in Britain to hold as a hostage with a demand that Iceland reimburse Britain for its pay offs to the big Rothschild Cabal banks/savers for their losses.
On August 28, 2009, Iceland's Parliament voted 34-15 (with 14 abstentions) to approve a bill (commonly referred to as the Icesave bill) to repay the United Kingdom and the Netherlands more than $5 billion lost in Icelandic deposit accounts. Initially opposed in June, the bill was addressed after amendments were added which set a ceiling on the repayment based on the country's Gross Domestic Product. Opponents of the bill argued that Icelanders, already reeling from the crisis, should not have to pay for mistakes made by private banks under the watch of other governments.
Yet, per Wikipedia, the government said that if the bill failed to pass, the UK and the Netherlands might retaliate by blocking a planned aid package for Iceland from the International Monetary Fund (IMF). Under the deal, up to 4% of Iceland's Gross Domestic Product (GDP) was to be paid to the UK, in sterling terms, from 2017-2023 while the Netherlands would receive up to 2% of Iceland's GDP, in euro terms, for the same period. Reportedly, the UK and Holland refused to accept the provisions of this August bill and demanded that Iceland pass a new bill giving them what they wanted. Thereupon, the Icelandic Parliament undertook further legislation to address the problem.
In April 2009, Iceland's state prosecutor hired Eva Joly, the Norwegian-French investigator who led Europe’s biggest ever fraud investigations into bribery and corruption at oil group Elf Aquitaine, as special consultant to a 20-member “economic crime team” to “investigate suspicions of criminal actions in the period preceding the collapse of the Icelandic banks” which may involve several Iceland's business and banking leaders. Per Joly, the investigation would require a minimum of 2–3 years to build up enough evidence to secure prosecution.
In an interview, Joly said that “Finding proof will start at home in Iceland, but my instinct is that it will spread. If there are things relevant to the UK we will get in touch with the Serious Fraud Office. If there are things relevant to Germany we will get in touch with their authorities. In Iceland, there is more than enough for a starting point for the investigation, given all the talk about market manipulation and unusual loans. If these are proved they are embezzlement and fraud. The priority is tracing any flow of assets from the banks and getting them back.”
Wikipedia noted that the investigation was expected to focus on a number of questionable financial practices engaged in by the (Rothschild Cabal owned/controlled) Icelandic banks:
- Almost half of all the loans made by Icelandic banks were to holdings companies, many of which are connected to those same Icelandic banks.
- Money was allegedly lent by the banks to their employees and associates so they could buy shares in those same banks while simply using those same shares as collateral for the loans. Borrowers were then allowed to defer paying interest on the loan until the end of the period, when the whole amount plus interest accrued was due. These same loans were then allegedly written off days before the banks collapsed.
- Kaupthing allowed a Qatari investor to purchase 5% of its shares. It was later revealed that the Qatari investor “bought” the stake using a loan from Kaupthing itself and a holding company associated with one of its employees (i.e. the bank was, in effect, buying its own shares).
Since the crisis began, many of Iceland's business leaders are now under public scrutiny for their roles in causing the financial crisis. Reportedly, those under scrutiny are now rarely seen in public and some have apparently left the country (perhaps to safe havens in London, Switzerland or Israel where many of them may have dual citizenship). They are also supposed to be subjects of an ongoing investigation to determine if any of their business practices warrant criminal prosecution. Former Prime Minister Davíð Oddsson claims that Iceland needs to investigate “unusual and unconventional loans” given by the banks to senior politicians during the years before the crisis.
The former Minister for Justice and Ecclesiastical Affairs, Björn Bjarnson, started a blog outlining the problems with the business sector and the efforts to cover them up. This was cited as an example of how politicians and businessmen, who traditionally held a tight grip over the Icelandic media, have lost their control.
Björn stated that: “I have written a lot about problems in the business sector over the last 14 years, and I can only compare some parts of it to Enron. Here companies have been playing a game, using the media and publishing to make themselves look good. We only hope that the foreign media will soon begin to understand what has been going on.”
Some 6,000 protesters gathered in front of the Alþingishús, seat of the Icelandic Parliament, on 15 November 2008. Parts of the Icelandic public have also arranged protests against the Central Bank, the Parliament and the government's alleged lack of responsibility before and after the crisis, attracting between 3,000 and 6,000 people (1–2% of Iceland's population).
While the present Icelandic government passed a bill and was preparing to pass a new bill to tax the people and pay off the Rothschild Cabal banks, there was increasing protests from people who didn’t go along with the effort and called for a national referendum. Also, a poll in late November 2008, found 64% of the people in favor of early elections, with only 29.3% opposed. Similar polls found the ruling Icelandic political parties all of a sudden unpopular with the voting public.
By January 20, 2009, there were active protests against the government which brought on conflicts between protesters and the police. On 22 January, police used tear gas to disperse people in one gathering.
A Summation of the Problem
As best as I can determine, in what I have read, the small nation of Iceland allowed Rothschild relatives and agents into its country many years ago (just like Germany, Britain and the US all did). Quickly, this Cabal of conspiratorial agents took over the Icelandic banks and money. And, like in Britain, the US and much of Europe, the Cabal relatives and agents proceeded to speculate and gamble with Iceland’s money in risky loans and speculative derivatives. When the Rothschild Cabal bosses in London launched their move to a deflationary depression in 2008, it caused a collapse in the risky loans and derivatives. Just like the Cabal masters had the gall to demand that the United States, Britain and Europe tax their peoples to pay off the To-Big-To-Fail Cabal banks, they insisted that Iceland do the same thing.
And just like the US, Britain and Europe are all controlled by the Rothschild media and prostitute politicians, this same situation seems to have prevailed in Iceland. The Rothschild relatives and agents owned Iceland just like they owned the Christian Western nations in North America and Europe. So naturally, the Rothschild controlled Parliament did its Rothschild directed duty and voted out a bill to tax the people and pay off the Rothschild Cabal banks and their liabilities.
But too bad for the Cabal bosses, the people of Iceland had the guts and courage to stand up to the Rothschild plutocratic bosses and say no way Jose. Literally, the people of Iceland turned against their own elected rulers in Parliament. Such an undertaking would have been completely out of the question in the mesmerized, Rothschild-ruled US and Britain.
The Latest
But since the Rothschild Cabal bosses rule so much of the West, they never give up and quit in their efforts to rule all of the world like they rule the US and Britain. They have kept up the pressure on Iceland ever since the fall of 2008. By a narrow vote on December 30, 2009, after months of debate, the Icelandic Parliament voted out a new bill (33 to 30) to tax the people and pay off $5.4 billion to the British and Dutch governments to reimburse them for payments they made to the Rothschild Cabal banks/savers.
In early Jan 2010, rense.com had a story by Birgitta Jonsdottir on “Call to the People of the World to Support Iceland Against the Financial Blackmail of the British and Dutch Government and the IMF.” She wrote that on January 5, 2010, Icelandic President Olafur Ragnar Grimsson had to either approve the bill from Parliament or veto the bill and call for a national referendum on it. She added:
“Let's also put this debt into perspective: 320,000 people live in Iceland, each and every person on the island, including children and the elderly, the disabled and the poor, would have to pay around $30,000 under the bill. The danger if Icelanders will accept this enormous burden is that the entire welfare system would simply collapse with no money to run it. On January 5th, the Icelandic president had the courage, backed up by his nation, to place the interest of the people before that of the banks.
“Of course there has been an incredible spin by the government controlled media, attacking the nation and its president for this simple and fair demand. The UK and Dutch media were also full of misleading news, saying the nation had demanded not to pay, and that we would become isolated and there were even suggestions that the British navy should flex its muscles against this nation which has no military. As if the terrorist act they imposed on us was not enough during the darkest hour of our crises to bring us further down!
“The spin is failing because people around the world are finally starting to hear our side of the story, and other suppressed nations have perhaps seen this as a sign that they can also rise up against the corpocracy in our world where those with the money have as a rule always won. Let's hope the nation will not been coaxed into fear of isolation and let's hope the people of the world will join in this experiment of letting the interest of the peoples rise above the interests of banks, corporations, and international bullies such as the IMF. We need your support.”
On the same day, the London Times on Line also had a story by Robert Lindsay on the Icelandic presidential veto and noted that under Iceland's constitution there must be a referendum on the issue. But the payoff plan is deeply unpopular in Iceland. A poll in August found 70 per cent of the country was opposed to it.
Lindsay wrote: “A UK Treasury spokesman said: ‘The Treasury will consult with colleagues in Iceland to understand why this Bill has not been passed and will work with them, the Netherlands and within the EU to resolve this issue as soon as possible. The UK Government expects Iceland to live up to its obligations’…
“The Icelandic Government issued a statement to try to reassure Britain and the Netherlands. It said: ‘Despite the President‘s decision, the Government, Iceland’s parliament approved the Bill last week by a narrow majority of 33 votes to 30. Its passing was seen as a way to help boost the country's bid to join the European Union and get its shattered economy back on track. But the Bill still required the approval of Mr Grimsson (the president), who was petitioned by 40,000 people asking him to refuse to sign it. Many of the 320,000 population resented bailing out foreign customers of banks that were supposed to be supervised by other nations. The Bill is also opposed by the main opposition party. This is only the second time in Iceland’s history that the President has not signed into law a Bill approved by parliament. The money represents 40 per cent of the country's gross domestic product…”
The London Mail of Feb 17, 2010 had this on “EU to recommend start of membership talks for Iceland” which noted that the talks would start soon and discuss Iceland’s so-called debt to Britain and Holland. The story noted that the Icelandic Parliament approved the plan in 2009 to join the EU (though most of the people in Iceland were opposed to it). Apparently, the EU will make Icelandic membership in the EU contingent upon Iceland paying off Britain and Holland.
The London Guardian also had a story on Iceland on track for joining the EU. The Guardian called it “A new dawn for Reykjavik might be on the horizon if its application to join the EU succeeds.” Though not discussed, we can be sure that the Rothschild controlled media will go to work to convince the people of Iceland on the need to join the EU. Numerous media stories will be floated on the benefits of EU membership.
A Mar 5, 2010 story form Before Its News had a report which told the tale: “Iceland's Voters About to Tell Global Banksters to Shove It… A Capacent Gallup survey conducted over the last weeks of February showed 74% of those who had decided to vote planned to vote ‘no’, reports WSJ. The IMF and the EU are trying to muscle Iceland's voters.”
As predicted, the people of Iceland said no on Mar 7, 2010 in the referendum. Actually, over 93% of the people voted and said no--despite a 9% unemployment rate, a 7% annual inflation rate and an economy that is shrinking. As it turned out, only two percent of the people voted for the bill approved in Parliament. The Rothschild bought and paid for Prime Minister, Johanna Sigurdardottir, said: “Now we must turn to the task of finishing the negotiations on Icesave.”
Bloomberg of Mar 7, 2010 said this on the rejection: “The bill would have obliged the island to take on $5.3 billion, or 45 percent of last year’s economic output, in loans from the U.K. and the Netherlands to compensate the two countries for depositor losses stemming from the collapse of Landsbanki Islands hf more than a year ago. The island’s political leaders say they’ve already moved on to talks over a new accord.”
“The government’s survival doesn’t rest with this Icesave vote,” Prime Minister Johanna Sigurdardottir told RUV after the preliminary count was announced. “The government coalition remains solid,” Finance Minister Steingrimur Sigfusson told RUV.
Bloomberg added that “Failure to reach an agreement on the bill has left Iceland’s International Monetary Fund-led loan in limbo and prompted Fitch Ratings to cut its credit grade to junk. Moody’s Investors Service and Standard & Poor’s have signaled they may follow suit if no settlement is reached. Iceland’s leaders are trying to negotiate a new deal with the U.K. and the Dutch that focuses on the interest rate payable on the loan, making the bill in yesterday’s vote ‘obsolete,’ Sigurdardottir said on March 4…”
Per Bloomberg, voters rejected the bill because “ordinary people, farmers and fishermen, taxpayers, doctors, nurses, teachers, are being asked to shoulder through their taxes a burden that was created by irresponsible greedy bankers,” said President Olafur R. Grimsson, whose rejection of the bill resulted in the plebiscite.
The story noted that the Icesave deal passed through Parliament with a 33 to 30 vote majority. Grimsson blocked it after receiving a petition from a quarter of the population urging him to do so. The government said it’s determined that any new deal must have broader political backing to avoid meeting a similar fate. Icelanders used the referendum to express their outrage at being asked to take on the obligations of bankers who allowed the island’s financial system to create a debt burden more than 10 times the size of the economy.
Bloomberg said that “The nation’s three biggest banks, which were placed under state control in October 2008, had enjoyed a decade of market freedoms following the government’s privatizations through the end of the 1990s and the beginning of this decade. Protesters have gathered every week, with regular numbers swelling to about 2,000, according to police estimates. The last time the island saw demonstrations on a similar scale was before the government of former Prime Minister Geir Haarde was toppled.
“Icelanders have thrown red paint over house facades and cars of key employees at the failed banks, Kaupthing Bank hf, Landsbanki and Glitnir Bank hf, to vent their anger. The government has appointed a special commission to investigate financial malpractice and has identified more than 20 cases that will result in prosecution.”
The Silver Bear Café Weights in with Some Hard Realities
www.silverbearcafe.com had this by Szandor Blestman on Iceland, the Mouse that Roared: “I thought I heard something the other night. It was a distant sound, a low rumbling, a roar from some far off beast that had finally pronounced its presence. It woke me for a second, but it was so distant I felt no threat and simply rolled over and went back to sleep. The next morning I learned that Iceland was taking a stand. It was refusing to pay its British and Dutch debts. It is claiming the debts are a result of fraud, and it's right. They have made the offer to pay some years from now, if they can afford it at that time, and only as a percentage of their GDP. This offer has been, of course, declined by Iceland's creditor banks as they demand payment in the form of real assets.
“The Icelanders have grown a pair, so to speak. They are doing something I wish Americans would have done, or will do in the future. They are standing up to the privately owned banks that seem to think they are above the law, that they can change the rules at their whim, and that they alone know what's best for the world, which of course happens to empower them and help their profits. I may not agree with all the politics of Iceland. It might not be the bastion of freedom one looking to get away from intrusive government might run to, but I do admire their stance against the banksters.
“Let's examine the situation a little closer. The Icelanders claim that private banks owe the money to other private banks, not taxpayers. The people who own the private banks should be responsible for paying back the creditor banks, not the people of Iceland. I agree wholeheartedly with that assessment. Furthermore, I would take it a step further and make the assertion that any government official voting for any public borrowing that requires payment of public funds for interest be held responsible, or their family be held responsible, should the loans go into default. In other words, these public officials should not be allowed to maintain their fortunes while the common folk are expected to pay for the mistakes they made. Perhaps that would help stop the corruption.
“It seems that Iceland was fooled into the same ponzi scheme the rest of the world finds itself in. This all revolves around the fact that money in and of itself has no intrinsic value. It is just paper, for the most part, and in the modern world it is just data floating around in cyberspace. Even metal coins are made from cheap and common metals anymore. The fiat system devised by the central banks are designed to collapse at some point, and it's designed to collapse in such a way that the very few, very rich, very powerful end up with all the marbles. It's not enough to them, it seems, to be at the top of the heap, they have to be so high up and keep the common folk down so low as to be untouchable.
“Those that own the banks now hope that they can swoop in and buy up the nation's infrastructure for pennies on the dollar, or in this case aurar on the krona. This is how they operate. They print money based on nothing but debt at negligible cost to themselves, then charge interest on that debt, interest that is never created by the way, and then when the debt can't be repaid they end up acquiring all the real wealth that's been created. It's a brilliant scheme in its simplicity. They end up with all the real wealth and they risk nothing of any real value. I could be wrong, but I think it's safe to say that the Icelanders figured this out when their creditor banks started demanding things like their geothermal power stations and other such publicly owned infrastructure as payment for their defaulted loans. They cried ‘foul!’ - as well they should having played by the rules all this time - and charged that they had been defrauded. They may well have shocked the establishment with their refusal to pay the extortion.
“One may well ask, ‘Is this the fate that awaits all nations?’ How many nations in the world today are in the same boat as Iceland? How many are having problems just servicing the interest on their debt? I dare say it would be easier to count the nations that weren't experiencing debt trouble. And one could rightly ask where all the money has gone. Certainly the debt hasn't been put back into the economy to create more wealth. Indeed, I would venture a guess that there's trillions of dollars, euros, yens, pounds, francs, marks, you name it, stashed away in vaults somewhere just waiting for the day when they can be used again, money that should no longer exist that somehow found its way into secret vaults that also shouldn't exist.
“It is interesting to note that the biggest banks, the ones that managed to get bailed out by US tax dollars rather than made to liquidate, are intimately connected to the same international bankers who own the central banks across the globe. Indeed, Goldman Sachs seems to have become a ‘bank of the world,’ so to speak, as it has its fingers in a little bit of everyone's pies these days. It is also interesting to note that their largest competitors were allowed to fail, effectively setting them up with monopoly privileges. That's how the power banking elite want it, all the money in their hands and all the corporations under their thumb as they monopolize the issuance of currency and credit. Everyone will have to do as they say or they will quickly become bankrupt and destitute. Such is the power of monopoly.
“One may well wonder what happens next. The British and Dutch have threatened economic sanctions should the Icelanders fail to fall in line, but is this how we want to treat our brethren? Is this how we want to treat our allies that stood by us in the darkest of times? Do we now just shun people we consider friends simply because they stand up for what they believe is right? Do we go so far as to commit an act of war on such a democratic nation because they recognize a fraud when they see one? This situation should get everyone thinking. The corruption now exposed is so grievous and obvious that we should all realize the time has come to obliterate the current system and deny any power to those who brought this situation to bear…
“While the Greeks are rioting because they worry their entitlements will be taken away, the Icelanders have been able to take a more direct rol(e) in the political process. The Greeks may well feel they have been left out of the political process, much like many Americans feel at this point in time as we watch the congress blatantly ignore the wishes of the common folk time and again. The bailouts, the wars, the passing of laws violating our rights and the health care bills are all examples of the minority political class ignoring the wishes of the majority to the detriment of society. The Icelanders may have to pay a price for their bravery, but they are finding their way back to freedom and self reliance.
“We have been dependent on these banks for far too long and they have taken advantage of it. They have threatened our lawmakers with martial law and economic destruction. They have refused to honor the will of the people and answer questions involving how they´ve spent our money. As I write this, a very few senators, Bob Corker (R-TN), Richard Shelby (R-AL), Chris Dodd (D-CT) and Judd Gregg (R-NH), are working to strip the Audit the Fed amendment from the Financial Reform Bill and give the Federal Reserve even more power. This will assure they will never be held accountable for the wrongs they have done. These senators need to be shown in no uncertain terms that we the people have had enough and will not obey their dictates and whims any longer.”
The Bottom Line
In the case of Iceland, it appears that she is now getting the worse possible treatment from the ruling Banking Cabal in London. In the way of the latest, the London Telegraph of April 7, 2010 had a story by Marc Preel on Icelanders Opt for Exile. This report said that thousands of Icelanders are now leaving their little island for exile. It seems that despite the vote of 93% of the Icelanders to not pay off the bankers (with only 2% of the people agreeing), the puppet government there is bound and determined to make the Icelanders pay the bankers.
The London Telegraph had this report in a Apr 8, 2010 story also by Marc Preel on Iceland's new poor line up for food. Per Preel, “The crisis that brought down Iceland's economy in late 2008 threw thousands of formerly well-off families into poverty, forcing people… to turn to charity to survive. Each week, up to 550 families queue up at a small white brick warehouse in Reykjavik to receive free food from the Icelandic Aid to Families organisation, three times more than before the crisis.” While many Icelanders are now leaving the country, Preel says that those left behind are having trouble scraping together enough money to put decent food on their children's plates.
In essence, this crisis in Iceland is about the same as the story from the US, Britain and most other countries in the world ruled by the Rothschild Cabal. It matters not what the people want, the gold-ruling, dynastic bosses (as allowed by Plato) demand that their puppet politicians deliver. And the puppet politicians in the silver class do as they are told. It looks like the people would wake up from their Rothschild imposed deep sleep and get a new team of politicians to run things. But they don’t. And the reason why is simple--the Rothschilds own and control the media which leads and motivates the public.
The largest two international news sources are Reuters in Europe and the Associated Press in the US. The AP is owned by Reuters and the Rothschilds own Reuters. So guess who tells the people what the Cabal wants the people to know and believe? This is the same story in much of the rest of the world. In an ancient document reportedly prepared by or for old man Mayer Rothschild, some 250 years ago, he mapped out his plans to own and control the media powers to support his move to profits and world government (on this, see Understanding Money and War XIV at www.analysis-news.com).
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-- Posted Friday, 16 April 2010 | Digg This Article
| Source: GoldSeek.com
