Iceland’s Economy now growing faster than the U.S. and EU after arresting corrupt bankers

If a nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be.”

–Thomas Jefferson, 1816.

“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies, all who question its methods or throw light upon its crimes.

As a result of the war, corporations have been enthroned, an era of corruption in high places will follow, and the money powers of the country will endeavor to prolong it’s reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.

–Abraham Lincoln

 So Iceland decided not to follow the rest of the world by bailing out the bankers. Instead, they chose to arrest them. Now their economy is recovering faster than the EU and the United States. Hmmmm.

Remember when the United States government told the American people that immediate action was required to save the banks, and save our nation from complete collapse? An action in the form of Billions of dollars of National Debt? Yeah, we remember that! Now Trillions of dollars in National debt later, we are in the same position we were in 4 years ago, just more debt. As a matter of fact Federal Reserve Chairmen Ben Bernanke has called for yet another stimulus that will add more debt onto the mountain we already have.

At the start of the world wide 2008 economic collapse, Iceland was in worse shape than almost any other country in the world. Now they are one of the fastest growing economies in the world.

Imagine what America would be like today if we bailed out the victims of poor banking practices, while punishing the bankers who were responsible?

After watching this video tell us what you think? Was Iceland off their rocker for sending the bankers to jail, or on to something that America should have done as well?


Some comment.

Not “problem solved”.
You think criminals obey laws???
You think a person who makes millions, or billions, is going to just stop-thinking of ways to continue doing that? You must not know alot about the way people work … People who consider themselves leaders, or simply “above others”, they don’t take “no” for an answer.
Hell, regular people like us don’t even take “no” for an answer…
Umm, how many people smoke marijuana??? Damn near EVERYBODY!
Better yet, isn’t there a law that says cars must have a catalytic converter?
Well we sports car/race enthusiasts don’t like that, ‘cus it restricts flow, and robs our horsepower, nor do we care (that much) about the environmental consequences, the same way these people don’t care about the socio-economic consequences. We just want our horsepower just like they just want their real-power … But “Oh no, there’s a law now.”
Really? Okay, I’ll put a cat on my exhaust … A HOLLOWED-OUT CAT! 😀
Now, technically, my car is “Legal” … BULLSHIT.

Now, think like that on a much larger scale, as in BILLIONS OF DOLLARS.
People want what they want, and they don’t care what you think about it.
They’re going to find away around it. When legislation comes out, these people ALREADY have a PLAN B, a PLAN C, and a PLAN D in place, just for that very item, incase it passes. We’re talking about SMART PEOPLE, graduates from HARVARD, YALE, OXFORD, etc. They’re not just going to stop scheming ‘cus “awwww, you made a law 😦 ”

No offense, but your idea’s simple & naive (which goes for the other 18 idiots who supported that post, also).

Soooooo right!! Our politicians do NOT work for the PEOPLE!! They work for the banks and so they should be arrested too along with corrupt bankers.

The REAL point is the banking cartel is a parasite to the world and should be dealt with as such, and until you finally realize that you will suffer.
Let me know when you’ve had enough.


About basicrulesoflife

Year 1935. Interests: Contemporary society problems, quality of life, happiness, understanding and changing ourselves - everything based on scientific evidence. Artificial Intelligence Foundation Latvia, Editor.
This entry was posted in Common, Economics and Politics. Bookmark the permalink.

7 Responses to Iceland’s Economy now growing faster than the U.S. and EU after arresting corrupt bankers

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