Of Greece And Iceland

It is at the point where pain becomes too much to endure that we begin to seek solutions. Greece has been in economic pain for quite some time. Because of tremendous debt to the banks and austerity measures, unemployment is high while benefits are being cut. The screws have been put to the Greek people by the European Union in order to continue to squeeze every last bit of money from Greek pockets for the benefit of the banks. Look out, folks! The pain in Greece has become so bad they are on the verge of pulling an Iceland!!!

Greeks have already spoken out with their "No!" vote on bailing the banks out again. (This, to me, was an amazing feat in and of itself as I am convinced that most votes/elections have been rigged by the powers that be for years!!!) Now, as the European Union struggles to keep Greece within the fold and paying, the people are of Greece are speaking out against a new bailout deal using the term, "This is a coup." That's pretty strong language coming out of the seat of democracy!!!

This is it. This is the turning point. Either the Greeks accept the fact that the banksters (aka the European Union) are calling the shots and turning them into total serfs, or they will have to take a stand for change. They will have to make a stand for freedom and revolution.

Do not let the term revolution put you into fear!!! Even though history has shown us revolutions are violent, they do not have to be!!! The key here is to pull an Iceland. The good people of Greece have finally begun to wake up to the reality that is the banking industry. Like everywhere else, Greece has been sold fake loans that take more money from the people and place it in the hands of the banksters. The pain is so great they are rebelling against it. Just like the people of Iceland, Greece now has the chance to free themselves from the mafia!!!

It is time for the people of Greece to stand up to the banks once and for all!!! It is time for them to remove the threats to their politicians!!! It is time for them to nationalize their banks and bring back the drachma (indeed, there have been reports the drachma is once again in use in parts of Greece). It is time to prosecute and imprison all those bankers and politicians that stood to gain from draining money from the country!!! They may even need to write a new constitution.

Iceland shows us this change is possible!!! It may not be pretty at first. The Greek people will have to tighten their belts and rely on themselves for a while. Fortunately for them, they still have a wonderful tourist industry which can bring in much needed revenue from others countries.

Once the Greek domino has completely fallen, we will all be ready for the next countries to complete their transformations!!! As we have looked to Iceland--as we now look to Greece, know that change is coming! Do not fear that change, for what is coming is far better for the people of planet Earth than anything we can imagine now!!! Continue to hold the light!!!

~CSE

A Tale Of Two Countries

Once upon a time (2008 to be exact), there were two countries. One was called Iceland, a small island nation in the North Atlantic. The other was called the United States of America, a rather larger and much more world dominating country extending from the Atlantic to the Pacific. Both were part of the same banking cartel, and both were hit hard by the financial bubble that plagued the world that year.

The banking problems in Iceland stemmed from the fact that the banks promised investors higher interest returns than their overseas competition. Complicating this was all the risky projects the banks had used the investment money on. When the projects went belly up, so did Iceland's economy.

In the United States, the exact circumstances were different, but the results were the same. Banks had approved people for mortgages they couldn't truly afford. More and more people were foreclosed on, and these mortgage investments were tied in very complicated ways to almost every other sort of bank investment. The end result was that the housing market collapsed, and with it pretty much every other market and the economy collapsed along with it.

Both countries initially made moves to keep their economies going by making arrangements with the banks to pay. In Iceland (as they like to do in most European countries), they introduced "austerity" measures. Basically these are cuts to the government economies that typically effect the little people because these measures are tied to employee pensions and welfare benefits. In the United States, politicians authorized the Federal Reserve Bank to print more money to give to the big banks to keep them afloat. Interestingly enough, the two strategies have the same effect: they give more money to the banks. Austerity is used to pay down the banking debt more quickly. Additional interest was added to the already huge national debt of the United States. Who receives the interest money? The Federal Reserve Bank, of course!!!

This is where the stories become completely different. The people of Iceland looked at their financial crisis, and this is what they found. Their politicians had been corrupted by the powerful banking industry. They made laws and approved measures that awarded vast sums of money to the banks while taking that same money out of the hands of the citizens. Icelanders were smart enough to take action. They took those corrupt politicians out of office (and jailed many of them). They also nationalized the banks and kicked the criminal banking cartel out! They guaranteed the deposits of their citizens but refused to pay their foreign debt. They also closely examined all debt. Loans (especially mortgages) that were found to be corrupt were deemed illegal and were forgiven!!! Icelanders even rewrote their constitution!!! They were initially subject to sanctions by other countries of the world because of their refusal to play the banking game. Icelanders had to promote their own internal industry in order to supply their own needs, but it has indeed paid off for them. Their economy has made a big comeback as they have overcome their need for other countries.

The United States of American continued to play the banking cartel's game. More debt (and more payment) continues to be racked up by the US government, just to pay the interest on the national debt. Any infrastructure enhancement is done by asking for more loan money from the Federal Reserve Bank, which increases our debt payment. In the meantime, the big world banks have been found to be manipulating both the interest rates and the markets to line their pockets even more. The criminals in charge are still allowed to run these organized crime rings after being given handslap fines. At present, the United States is on the verge of another collapse as the economy is now based largely on derivatives. In a nutshell, derivatives are bets. They are not actual investments--just "potential" investments. One faulty set can bring down the whole house of cards, and that is in process of happening when Greece defaults on their loans.

So what needs to happen to get the United States (and the rest of the world) out from under the thumb of the banking cartel? The following is a list of understandings the citizens of the world need to make.

1. We need to recognize the debt owed by governments to banks is fake. It is based on money and resources that don't exist except on a computer monitor.
2. We need to thoroughly investigate our politicians to find out where the corruption lies, then we need to take them out of office and prosecute and imprison them where it is warranted.
3. We need to make a fresh start and forgive bank loans that are corrupt and unfair (which would probably be most of them).
4. We need to change our usury loan system to an asset based system.

The biggest difference between the people of Iceland and the people of the United States is awareness. The people of Iceland chose to recognize the con game they had been involved in and took responsibility to get themselves out of it. Here in the United States, we still fail to recognize that we are being used and abused by a banking system that wants to claim everything for itself. Consequently, we will allow ourselves to be taken once again when the economy collapses (again).

Awareness is the key to our freedom.

~CSE