Two of a kind: War on terror, Financial war.

 Taxpayers paying  for private banks is wrong message to the market  and wrong precedent .

"The Icelandic nation has been put in a terrible situation," said Helgi Sigurdsson, a 36-year-old journalist voting in the wind-lashed capital, Reykjavik. "It has two choices — both are bad. Probably a lot of people stood for a long time holding the ballot slip."

Icelanders overwhelmingly rejected a previous deal in a referendum last year. The government hopes a "yes" vote on an improved offer passed by parliament .

 Jonas Skulason, a 40-year-old business administrator at the Icelandic University Hospital, said he planned to vote yes.

"The parliamentarians who made that decision are better informed about the matter than I am," he said. "And if a majority of parliamentarians came to the decision to endorse this deal, then that is the way to go."

He trusts the parliament....

British and Dutch savers had deposited more than $5 billion in Icesave's high-interest accounts. After Icesave collapsed, British and Dutch authorities borrowed money to compensate their citizens, then turned to Iceland for repayment.

Iceland went from economic wunderkind to fiscal basket case almost overnight when the credit crunch took hold. Iceland's banks collapsed within a week in October 2008, its krona currency plummeted and protests toppled the government.

"Taxpayers should not be responsible for paying the debts of a private institution," said Sigriur Andersen, a spokeswoman for the Advice group, which opposes the agreement. "I think that sends the wrong message onto the market, and sets a wrong precedent."

Travel company director Egill Orn Arnarsson, 48, said Icelanders' refusal to acquiesce had served the country well in the past, leading to independence from Denmark in 1944 and expanding the country's fishing rights during the "Cod War" dispute with Britain in the 1970s.

He said a "no" vote "will save us from national bankruptcy in 2011 and avert us indebting future generations here in Iceland."

The amount works out to some 12,000 euros per citizen of the 320,000-strong island nation, before interest.

The Yes voters claim big trouble will come to  Iceland if the citizens do not pay off this bank debt. The Eu will refuse membership of Iceland if they vote no.


Update at 17.00 We hardly find any echo in the press....

The people voted by  60 % no !!!!! No Means No!




Second Referendum in Ireland in 2009 on Lisbon treaty,

In Ireland the second referendum and  the yes Vote for the Lisbon treaty was a Yes vote for jobs for the people who voted yes.

A majority  of Irish  trusted the promises of the  transnational superstate   Europe.

What happenend was a terrible loss off jobs and crippeling of the Irish economy.


False Flags ?

In 2001 we were made to believe arabic terrorists attacked a Nato member  (USA) and that  the criminals were  hiding in Afghanistan. We were lured into war untill now in Europe. Our  civil liberties for the sake of "safety" have been under serious attack.

Many people are asking  for a new investigation and believe the  wars in Iraq and Afghanistan are illegally based on wrong assumptions. A poll in Germany by a major paper revealed only 11 % of the people still believed Ben Laden was behind the attacks.There has never been a legal judgement on who are the real criminals.

More than a dozen professional organisations have rejected the official story of Al Qaeda  including Architects and Engineers for 9/11 Truth (with over 1,400 professional members), Scientists for 9/11 Truth, Firefighters for 9/11 Truth, Lawyers for 9/11 Truth, Medical Professionals for 9/11 Truth, Pilots for 9/11 Truth, Political Leaders for 9/11 Truth, Military Officers for 9/11 Truth, and Intelligence Officers for 9/11 Truth.

The phrase `conspiracy theory’ functions as a sort of giant cudgel, and is used to scare us out of talking openly about a broad (and ever-growing) range of scandals that the powerful cannot afford to let the people comprehend.

Cass Sunstein, who in 2009 was appointed by President Barack Obama to direct an important executive branch office, had in 2008 co-authored an article containing a plan for the government to prevent the spread of anti-government “conspiracy theories.” Arguing that such theories are believed only by groups suffering from “informational isolation,” he advocated the use of anonymous government agents to engage in “cognitive infiltration” of these groups in order to introduce “cognitive diversity,” with the aim of breaking them up.

Examining Sunstein’s charge that this theory is both “harmful” and “demonstrably false,” David Ray Griffin uses both satire and overwhelming evidence in his book  to show that this twofold charge applies instead to what Sunstein calls “the true conspiracy theory” about 9/11-namely, the “theory that Al-Qaeda was responsible for 9/11.”

Facing the truth frightens a lot of people.  An elephant in the room  is difficult to see.

"An Elephant in the room" is an  idiom  for an obvious truth that is being ignored .


Referendum in Belgium for the European Monetary Funds ESF ?

The European Councils president wants us to believe that the euro and the EU would collapse if citizens did not ensure the payment of debt. Belgium now is engaged  with  30 billion in this Fund. 30 000 000 000 euro.

While full discussions on the powers and funding   to different regions of Belgium are still under way,   a financial commitment to the banks  distributes massive  public  money   for other purposes without debate.

Our representatives need more than 350 days to agree on the financial management of the country, but what a surprise .... management of the euro to establish a fund for financial stability and thus support international private banks ... does not pose any problem to them! The bill was passed October 12, 2010 ... without debate, without any real issues in parliament!

We have no referendum, we have no say in Belgium.

" The plan of the dominant European political forces for dealing with the debt crisis is focused on safeguarding the profits of the banks and the dominance of the financial markets. At the same time, these forces aim at overcoming the existing crisis on the expense of the working people. The EU leadership plans to put all European people under a permanent state of austerity, based on successive memorandums and constitutionalized neoliberalism. " European Left on the EU summit. 

While some see Europe as a way to "tame the markets" and are in favor of "more Europe" or a social Europe ..   we say that Europe has always served the interests of financial markets and it will never do anything else.

Can  we still trust the parliaments?

The impact on our daily life of this European financial stability Fund created by our elected officials to Europe and at the federal level is stagering. A  company registered in Luxembourg owns the Fund.  Under the pretext of European solidarity, the fund aims to bail out private creditors with public money of citizens while Belgium's debt is already around 341 608 208 223.77 euros (31.12.2010.) Our taxes will swell from year to year and are used to bail out the banks a second or a tenth time when unemployment is approaching 10% and poverty at home is about 15 %. The poverty rate ranges from 11% in the Netherlands to 23% in Romania.


Picture : Banksy