Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» AMERICA’S COLOR REVOLUTION — Brought To You By The U.S. Intelligence Community & Coming To A City Near You
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeMon Jun 17, 2024 5:58 am by kenlej

» Go Russia
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeMon Jun 17, 2024 5:49 am by kenlej

» I am too pretty for math, but....
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeWed Jun 12, 2024 6:56 pm by Mission1st

» Interesting article
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeWed Jun 12, 2024 6:34 pm by Mission1st

» Phony Tony: New Platform, same old song and dance
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeWed Jun 12, 2024 6:32 pm by Mission1st

» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeTue Jun 11, 2024 12:26 pm by Mission1st

» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeMon Jun 10, 2024 1:04 pm by RamblerNash

» The Fundamentals of Finance and Pimpy Live
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeFri Jun 07, 2024 5:02 pm by Dorotnas

» Carnival Rides
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale

3 posters

Go down

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale Empty First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale

Post by Ponee Fri Mar 25, 2016 7:56 pm

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale 34639ice-large

First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki.

If Finance Minister Bjarni Benediktsson has his way — and he likely will — Icelanders will be paid kr 30,000 after the government takes over ownership of the bank. Íslandsbanki would be second of the three largest banks under State proprietorship.

“I am saying that the government take [sic] some decided portion, 5%, and simply hand it over to the people of this country,” he stated.

Because Icelanders took control of their government, they effectively own the banks. Benediktsson believes this will bring foreign capital into the country and ultimately fuel the economy — which, incidentally, remains the only European nation to recover fully from the 2008 crisis. Iceland even managed to pay its outstanding debt to the IMF in full — in advance of the due date.

Guðlaugur Þór Þórðarson, Budget Committee vice chairperson, explained the move would facilitate the lifting of capital controls, though he wasn’t convinced State ownership would be the ideal solution. Former Finance Minister Steingrímur J. Sigfússon sided with Þórðarson, telling a radio show, “we shouldn’t lose the banks to the hands of fools” and that Iceland would benefit from a shift in focus to separate “commercial banking from investment banking.”

Plans haven’t yet been firmly set for when the takeover and subsequent payments to every person in the country will occur, but Iceland’s revolutionary approach to dealing with the international financial meltdown of 2008 certainly deserves every bit of the attention it’s garnered.

Iceland recently jailed its 26th banker — with 74 years of prison time amongst them — for causing the financial chaos. Meanwhile, U.S. banking criminals were rewarded for their fraud and market manipulation with an enormous bailout at the taxpayer’s expense.

Source: theantimedia.org

*****************
Ponee
Ponee
Admin
Admin

Posts : 38267
Join date : 2011-08-09

Back to top Go down

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale Empty Re: First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale

Post by Sandnsea Fri Mar 25, 2016 8:54 pm

Very interesting article, thanks

Sandnsea
Forum Fanatic
Forum Fanatic

Posts : 194
Join date : 2016-02-16

Back to top Go down

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale Empty Re: First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale

Post by Ponee Fri Mar 25, 2016 8:57 pm

You are welcome SandnSea!

*****************
Ponee
Ponee
Admin
Admin

Posts : 38267
Join date : 2011-08-09

Back to top Go down

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale Empty Re: First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale

Post by Kevind53 Fri Mar 25, 2016 11:19 pm

Some facts often ignored. First Iceland at that time was a banking based economy. They had positioned themselves as a financial center, with banking assets being 10X the GDP of the entire country. As such, most of the money involved was foreign money and thus most of the assets foreign as well. They also benefited from not using the Euro as their currency. Most of Europe does and as such share the financial problems of Greece, Italy, etc. Also left out is the fact that the Krona has been devalued by about 60% so most citizens are already down by a huge amount. Make no mistakes, they have made a huge comeback, also make no mistake, the bankers are just the scapegoats, they were only doing what the politicians prosecuting them allowed and encouraged them to do so.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale 2805820865  First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale 2805820865  First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale 2805820865  First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale 2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum