Home › Forums › Financial Markets/Economics › ICELAND’s Pots & Pans Revolution…Virtually no US Media coverage
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June 17, 2014 at 5:21 PM #21133June 17, 2014 at 5:53 PM #775306The-ShovelerParticipant
Delete, They are independent now.
June 17, 2014 at 5:53 PM #775304The-ShovelerParticipantThat is a little weird but then again the entire population of IceLand is a little over 300K
Or a little bigger than Temecula to put it in perspective
June 17, 2014 at 6:52 PM #775308UCGalParticipantI knew about it. They had a major currency crisis. It wasn’t just the housing/financing collapse – their banks were offering HUGE interest rates for deposit accounts. A friend was getting 12% for a savings account and didn’t understand why the US didn’t offer similar. (Any European could open an account.)
That money went poof when their banks collapsed – and it was a HUGE deal in Europe.My friend owned her condo and was super underwater when it collapsed – but so was everyone else. Because she and her husband had good income, they were able to “move up” – by assuming another underwater owners mortgage – and had someone assume their’s. Those were the only real estate transactions happening as the housing prices collapsed. For them – it ended up being ok because banks ended up writing off portions of the loans.
June 17, 2014 at 7:58 PM #775311FlyerInHiGuestI also heard about it.
If I remember the UK forced Iceland to nationalize the banks to protect UK depositors.
oh, I think Iceland has a great geothermal system.
June 18, 2014 at 3:42 AM #775318CA renterParticipantNot only Iceland, but the MSM in the US has largely disregarded many of the protests in Europe and around the world.
What happened in Iceland is exactly what people in the US were trying to do with the *original* Tea Party before its attention was diverted away from banking and turned to healthcare reform — thrown into the ring during the financial crisis by the complicit “left wing” of the Two Party system — and twisted into another “right wing” arm of the same, corrupt Two Party system.
It’s also what people were trying to accomplish with the *original* Occupy Wall Street movement before that was twisted into “Occupy Everywhere” and the focus was shifted away from banking/finance to helping poor people and deadbeat squatters stay in homes they never had any rights to, among many other “left wing” bullet points put out by the corrupt Two Party system like immigration reform, the anti-war movement, etc. (which might all be noble in their own right, but should never have been a part of the Occupy Wall Street movement).
The government had a very strong hand in diluting these movements and redirecting the energy to more “safe” topics that are well managed by the PTB and their MSM lapdogs.
Remember how the original OWS movement was totally unable to get any airtime initially, even though thousands of people were marching through the streets?
And precious little was said about the HUGE numbers of people who were calling, faxing, and writing letters to lawmakers, strongly opposing any bank bailouts. And TARP was just the tip of the iceberg. We are still paying for these bailouts today in many ways, especially in the artificially low interest rates and the devaluation of the dollar which further impoverish savers, workers, and the elderly; while the wealthiest asset owners continue to see their wealth increase dramatically due to the artificially high asset prices that have resulted from all of this manipulation.
June 18, 2014 at 3:52 AM #775319CA renterParticipantWhen you protest in an attempt to reform the banking/finance system in the U.S., you will be labeled a “domestic terrorist,” and dealt with accordingly.
The Partnership for Civil Justice Fund, in a groundbreaking scoop that should once more shame major US media outlets (why are nonprofits now some of the only entities in America left breaking major civil liberties news?), filed this request. The document – reproduced here in an easily searchable format – shows a terrifying network of coordinated DHS, FBI, police, regional fusion center, and private-sector activity so completely merged into one another that the monstrous whole is, in fact, one entity: in some cases, bearing a single name, the Domestic Security Alliance Council. And it reveals this merged entity to have one centrally planned, locally executed mission. The documents, in short, show the cops and DHS working for and with banks to target, arrest, and politically disable peaceful American citizens.
The documents, released after long delay in the week between Christmas and New Year, show a nationwide meta-plot unfolding in city after city in an Orwellian world: six American universities are sites where campus police funneled information about students involved with OWS to the FBI, with the administrations’ knowledge (p51); banks sat down with FBI officials to pool information about OWS protesters harvested by private security; plans to crush Occupy events, planned for a month down the road, were made by the FBI – and offered to the representatives of the same organizations that the protests would target; and even threats of the assassination of OWS leaders by sniper fire – by whom? Where? – now remain redacted and undisclosed to those American citizens in danger, contrary to standard FBI practice to inform the person concerned when there is a threat against a political leader (p61).
As Mara Verheyden-Hilliard, executive director of the PCJF, put it, the documents show that from the start, the FBI – though it acknowledges Occupy movement as being, in fact, a peaceful organization – nonetheless designated OWS repeatedly as a “terrorist threat”:
“FBI documents just obtained by the Partnership for Civil Justice Fund (PCJF) … reveal that from its inception, the FBI treated the Occupy movement as a potential criminal and terrorist threat … The PCJF has obtained heavily redacted documents showing that FBI offices and agents around the country were in high gear conducting surveillance against the movement even as early as August 2011, a month prior to the establishment of the OWS encampment in Zuccotti Park and other Occupy actions around the country.”
Verheyden-Hilliard points out the close partnering of banks, the New York Stock Exchange and at least one local Federal Reserve with the FBI and DHS, and calls it “police-statism”:
“This production [of documents], which we believe is just the tip of the iceberg, is a window into the nationwide scope of the FBI’s surveillance, monitoring, and reporting on peaceful protestors organizing with the Occupy movement … These documents also show these federal agencies functioning as a de facto intelligence arm of Wall Street and Corporate America.”
http://www.theguardian.com/commentisfree/2012/dec/29/fbi-coordinated-crackdown-occupy
June 18, 2014 at 3:57 AM #775320CA renterParticipantAnd did you see anything about these protests in the MSM? This was in 2008, well before the OWS protests.
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But, hey, look over there! I think Miley Cyrus is twerking with a bear!!! Like, OMG!!!
June 18, 2014 at 4:16 AM #775321CA renterParticipantHere’s the script for Inside Job, a movie about the financial crisis. They talk about Iceland in the first few pages. A good read, and a good movie.
http://www.sonyclassics.com/awards-information/insidejob_screenplay.pdf
June 18, 2014 at 6:52 AM #775324scaredyclassicParticipantSoon wall street will be militarized, or perhaps will assume command of the US military and we can thank soldiers for protecting us from threats to the banking system and putting their lives on the line to ensure leveraged buyouts continue unmolested. after all, these law enforcement personnel and soldiers/sailors/marines are putting their lives on the line to protect certain credit swaps. anything less than complete gratitude is ridiculous,
June 18, 2014 at 8:01 AM #775329joecParticipant[quote=CA renter]Not only Iceland, but the MSM in the US has largely disregarded many of the protests in Europe and around the world.
What happened in Iceland is exactly what people in the US were trying to do with the *original* Tea Party before its attention was diverted away from banking and turned to healthcare reform — thrown into the ring during the financial crisis by the complicit “left wing” of the Two Party system — and twisted into another “right wing” arm of the same, corrupt Two Party system.
It’s also what people were trying to accomplish with the *original* Occupy Wall Street movement before that was twisted into “Occupy Everywhere” and the focus was shifted away from banking/finance to helping poor people and deadbeat squatters stay in homes they never had any rights to, among many other “left wing” bullet points put out by the corrupt Two Party system like immigration reform, the anti-war movement, etc. (which might all be noble in their own right, but should never have been a part of the Occupy Wall Street movement).
The government had a very strong hand in diluting these movements and redirecting the energy to more “safe” topics that are well managed by the PTB and their MSM lapdogs.
Remember how the original OWS movement was totally unable to get any airtime initially, even though thousands of people were marching through the streets?
And precious little was said about the HUGE numbers of people who were calling, faxing, and writing letters to lawmakers, strongly opposing any bank bailouts. And TARP was just the tip of the iceberg. We are still paying for these bailouts today in many ways, especially in the artificially low interest rates and the devaluation of the dollar which further impoverish savers, workers, and the elderly; while the wealthiest asset owners continue to see their wealth increase dramatically due to the artificially high asset prices that have resulted from all of this manipulation.[/quote]
Wow, a post I actually agree with CAR on…
The problem with the situation if the USA were to become a true democracy is would I even want to live here or would it even be safe?
Having a pure democracy in concept sounds nice and ideal, but that’s only assuming the people setting it up are of fair minded thought.
There are probably more lazy/violent annoying people in the world and if the majority had their say, it will not be a world/government you even want to be in or have any part of.
I sorta succumb to the belief that it’s pretty much impossible to appease everyone and not in my lifetime, but in the future, there maybe some other revolution in the US, but I’ll be long dead and decayed by then…
Even if you were to kick out all the politicians like in Iceland, there is no proof that the new government will be any better. My wild guess is this Iceland thing will be a major flop.
And the US is probably far more diverse in ethnic makeup and political view and general household mindset…
June 18, 2014 at 6:18 PM #775349CA renterParticipant[quote=joec]
Wow, a post I actually agree with CAR on…
The problem with the situation if the USA were to become a true democracy is would I even want to live here or would it even be safe?
Having a pure democracy in concept sounds nice and ideal, but that’s only assuming the people setting it up are of fair minded thought.
There are probably more lazy/violent annoying people in the world and if the majority had their say, it will not be a world/government you even want to be in or have any part of.
I sorta succumb to the belief that it’s pretty much impossible to appease everyone and not in my lifetime, but in the future, there maybe some other revolution in the US, but I’ll be long dead and decayed by then…
Even if you were to kick out all the politicians like in Iceland, there is no proof that the new government will be any better. My wild guess is this Iceland thing will be a major flop.
And the US is probably far more diverse in ethnic makeup and political view and general household mindset…[/quote]
Funny. You could replace the word “politicians” with “teachers” and then you’d be agreeing with me on the teacher tenure thread, too. 😉
June 19, 2014 at 12:12 AM #775363CA renterParticipant[quote=scaredyclassic]Soon wall street will be militarized, or perhaps will assume command of the US military and we can thank soldiers for protecting us from threats to the banking system and putting their lives on the line to ensure leveraged buyouts continue unmolested. after all, these law enforcement personnel and soldiers/sailors/marines are putting their lives on the line to protect certain credit swaps. anything less than complete gratitude is ridiculous,[/quote]
IMO, Wall Street has always been in control of our military. Our armed services are there to protect and serve our corporate interests.
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