Iceland tells the UK & Dutch to swivel - Again.......

asbokid

The parallels between Iceland and Ireland are obvious.

The economic crisis in the Green Isle was no accident. That too was engineered by design, by financiers centred on the City of London.

Once again, the financiers' gameplan is to consolidate their grip on European banking, to eliminate a few small fish in the sector, and to cripple the citizens of another nation with their usurious debt.

The general misconception is that the board members of a bank are ultimately responsible for a bank's corporate policies. Not so.

Fools like Sean Fitzpatrick, former CEO of Angio-Irish Bank, are simply puppets whose instructions come from the majority shareholders of the bank and from the bondholders with voting rights.

Majority shareholders are typically institutions rather than individuals making it very difficult to discover exactly where bank policy is being dictated.

Because of this obfuscation of corporate ownership, it is very easy for High Finance to install "cuckoos", like Fitzpatrick, onto the board of an institution. The remit of these cuckoos is actually to wreck the institution. That is doubtless the case of the directors of the Icelandic banks. They had little understanding of the wider picture and just did what they were told by the hidden hand of high finance.

It's a reasonable assumption that far-reaching economic policies of large corporations like the major banks are coordinated in secret, at meetings of organisations such as the Bilderberg Group.

Until very recently, the BBC was in official denial, claiming that the Bilderberg Group did not even exist. In fact, it is common knowledge that the Group was founded in 1951 by Prince Bernhard, the Nazi father of Queen Beatrix of the Netherlands. Today, the House of Orange-Nassau continues to have a strong influence on the Bilderberg steering committee.

Many politicians of note, including Mandelson, Blair and former chancellor, Ken Clarke, were invited to attend the top secret Bilderberg meetings long before they assumed political office.

Critics claim that it was at those meetings that politicians and CEOs are groomed for office, and where they are secretly trained in the agendas of the powerful financiers who actually control the Bilderberg Group.

For an understand of what interests orchestrated the crisis in Iceland, we should focus on the hidden hands of the Bilderberg Group from where international finance and its political lackeys are ultimately controlled.

chewmylegoff

asbokid wrote: »

The parallels between Iceland and Ireland are obvious.

The economic crisis in the Green Isle was no accident. That too was engineered by design, by financiers centred on the City of London.

Once again, the financiers' gameplan is to consolidate their grip on European banking, to eliminate a few small fish in the sector, and to cripple the citizens of another nation with their usurious debt.

The general misconception is that the board members of a bank are ultimately responsible for a bank's corporate policies. Not so.

Fools like Sean Fitzpatrick, former CEO of Angio-Irish Bank, are simply puppets whose instructions come from the majority shareholders of the bank and from the bondholders with voting rights.

Majority shareholders are typically institutions rather than individuals making it very difficult to discover exactly where bank policy is being dictated.

Because of this obfuscation of corporate ownership, it is very easy for High Finance to install "cuckoos", like Fitzpatrick, onto the board of an institution. The remit of these cuckoos is actually to wreck the institution. That is doubtless the case of the directors of the Icelandic banks. They had little understanding of the wider picture and just did what they were told by the hidden hand of high finance.

It's a reasonable assumption that far-reaching economic policies of large corporations like the major banks are coordinated in secret, at meetings of organisations such as the Bilderberg Group.

Until very recently, the BBC was in official denial, claiming that the Bilderberg Group did not even exist. In fact, it is common knowledge that the Group was founded in 1951 by Prince Bernhard, the Nazi father of Queen Beatrix of the Netherlands. Today, the House of Orange-Nassau continues to have a strong influence on the Bilderberg steering committee.

Many politicians of note, including Mandelson, Blair and former chancellor, Ken Clarke, were invited to attend the top secret Bilderberg meetings long before they assumed political office.

Critics claim that it was at those meetings that politicians and CEOs are groomed for office, and where they are secretly trained in the agendas of the powerful financiers who actually control the Bilderberg Group.

For an understand of what interests orchestrated the crisis in Iceland, we should focus on the hidden hands of the Bilderberg Group from where international finance and its political lackeys are ultimately controlled.

the reptilians are coming to get you!

of course, they're not doing a very good job, as according to the icelandic government, the actual 'taxpayer exposure' is only £168 million, as the sale of banking assets will cover the rest.

Generali

StevieJ wrote: »

Looks like the govts of NL and UK disagree as they are taking the matter to court.



http://www.bbc.co.uk/news/business-13029210

Thanks StevieJ. Could you remind me what powers the court has to enforce its judgements please?

poppingjay

replastered wrote: »

Enough is enough. Send the Royal Navy up there and sink the entire island of fish-eating monkeys. That'd teach them.

build yourself a raft

Generali

replastered wrote: »

Enough is enough. Send the Royal Navy up there and sink the entire island of fish-eating monkeys. That'd teach them.

The last time the UK decided to get the Navy involved vs Iceland's coast guard it didn't go so well

http://en.m.wikipedia.org/wiki/Cod_Wars

Iceland isn't going to pay up.

julieq

That's the last Bjork song I'm going to download then

replumbed

Generali wrote: »

The last time the UK decided to get the Navy involved vs Iceland's coast guard it didn't go so well

http://en.m.wikipedia.org/wiki/Cod_Wars

Iceland isn't going to pay up.

Iceland isn't going to pay up without the threat of force. It's the armed forces duty to protect the nations interest. The world is becoming a more violent place.

Generali

replumbed wrote: »

Iceland isn't going to pay up without the threat of force. It's the armed forces duty to protect the nations interest. The world is becoming a more violent place.

The UK won't go to war over this and Iceland won't pay up unless forced. The people don't want to pay and there's nothing the UK can do about it. You're impotent unless the US tell you it's ok to start firing. It's been the same since Suez.

replumbed

Generali wrote: »

The UK won't go to war over this and Iceland won't pay up unless forced. The people don't want to pay and there's nothing the UK can do about it. You're impotent unless the US tell you it's ok to start firing. It's been the same since Suez.

The UK holds more political clout than Iceland. The US will not purposely attack the british military, it would be political suicide.

This time, both the Netherland and UK are involved and it's clear monies are owed. There's questionable transactions before the banks went bust.

100% guaranteed. :T

asbokid

chewmylegoff wrote: »

according to the icelandic government, the actual 'taxpayer exposure' is only £168 million, as the sale of banking assets will cover the rest.

Oh, you are a wag! You're almost as funny as David Icke. You could be his sock puppet.

That was an entirely speculative figure of GBP168m, based on the potential sale of Iceland Foods for GBP2bn. The food chain is 66% owned by the Landsbanki estate.

That valuation of GBP2bn is more than twice the amount that the founder of Iceland Foods, Malcolm Walker, offered to pay for the 66% stake some 12 months ago.

The value of the frozen food chain today is well below GBP1bn. By way of a benchmark, the Cooperative paid GBP1.5bn for the Somerfield chain back in 2008, but that had six times as many stores as Iceland.

Since the principal debt purportedly owed by the Icelandic banks to depositors in the UK and NL runs to GBP3.8bn, we are, unfortunately, still GBP3bn short!