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The Icelandic President listens to the voice of the people http://www.steinar.is/portfolio/img/0138c2d42a9523f98869bcc20170f1c3a.jpg January 5, cheap styplon online 2010 The Icelandic President Olafur Ragnar Grimson refused to sign the Ice-save bill, cheap styplon online which would have obligated the Icelandic tax-payer to pay unconditionally for the debts of the Ice-save division of Landsbanki, cheap styplon online a private bank, cheap styplon online which had collapsed in 2008. Cheap styplon online A large percentage of the Icelandic people had signed a petition for the president not to sign the bill and the president listened. Last week the Icelandic parliament approved the Icesave package with a very thin majority. The members of the Parliament had been under strong pressure to make this decision, cheap styplon online although most disagreed with it personally. The Icelandic government in turn had been for many months under strong pressure by the IMF, cheap styplon online the British and Dutch government as well as from the European Union, cheap styplon online to agree to a payment of the Icesave debts without the preconditions the Icelandic parliament had set in a previous decision for a conditional repayment. The conditions had been, cheap styplon online that Iceland would pay as a percentage of national income. Cheap styplon online In other words the parliament had agreed to pay, cheap styplon online but only so much that it wouldn´t hurt the Icelandic economy. The British and Dutch governments, cheap styplon online under pressure of the international financial elites represented in the IMF, cheap styplon online however, cheap styplon online didn´t allow for any reasonable conditions. Cheap styplon online They wanted the total surrender and if Iceland couldn´t make the payments they wanted the surrender of all Icelandic natural resources to them. In other words Iceland would have to become an exploited colony again, cheap styplon online as in the times of the Danish rule. National sovereignty would have been a thing of the past, cheap styplon online a short past which had lasted only from 1944 til 2008. The Icelandic parliament and the government gave in to the pressure, cheap styplon online since it had been made clear to them, cheap styplon online that if Iceland wouldn´t surrender unconditionally it would have meant a declaration of war (an economic war, cheap styplon online probably). Cheap styplon online The Icelandic minister of finance actually said so in a press interview. The Icelandic government knew from very recent experience, cheap styplon online what this would mean. Right at the beginning of the banking crisis, cheap styplon online Iceland had been put on the list of terrorist supporting countries – right next to Iran. Cheap styplon online Subsequently all Icelandic assets in Britain were frozen, cheap styplon online and the last and the largest Icelandic bank, cheap styplon online which had not yet been bankrupted then and might have possibly weathered the storm, cheap styplon online went down. All financial lines to Iceland were cut. Cheap styplon online No payments could be made to and from Iceland. Cheap styplon online After three weeks Icelandic retailers warned that they were running out of food and were unable to import anything, cheap styplon online because of the international financial boycott on the country. Cheap styplon online Fuel supplies for the fishing industry would have run out after a few months as well. Cheap styplon online Without fish or any other food, cheap styplon online the country would literally have to starve. However, cheap styplon online in spite of all those threats the vast majority of the Icelandic people do not want to give in. Cheap styplon online They see the Ice-save debts as not belonging to them, cheap styplon online but to the corrupt banks and their owners. One thing, cheap styplon online that´s especially unfair is that the Ice-save part of the Icelandic bank Landsbanki was fully controlled by British bankers. The director of Icesave, cheap styplon online Mark Sismey-Durrant, cheap styplon online was an important well-integrated British banker, cheap styplon online a member of the “Worshipful Company of International Bankers”, cheap styplon online the British banker guild. Cheap styplon online There he was a member of one of the standing committees: Charity and Education Committee Bill Whitehead (Chairman) Gerald Ashley George Copus Stanley Hurn Anthony Rhodes Mark Sismey-Durrant Eric Stobart Sean Taylor Bob White Sismey Durrant started his career as an international banker at one of the largest British banks: the Hongkong-Shanghai-Banking-Corporation, cheap styplon online HSBC. The HSBC “advisors” had been responsible for talking the Icelandic government into privatizing the banks in 2003. Cheap styplon online Five years later those banks crashed, cheap styplon online and they crashed the countries´economy. Before the privatization Icelandic banks had been in public hands. Cheap styplon online One belonged to the central government others to the communities around the country, cheap styplon online others to farmers associations or pension funds. By recycling all national income through those public banks all the great Icelandic infrastructure had been built up, cheap styplon online from roads to tunnels to hydro-electric energy and thermal energy to warm our houses and public buildings. Cheap styplon online All of this had been built before the privatization, cheap styplon online none of it was built with foreign money. Iceland already had two large aluminum factories, cheap styplon online only the third one was built by foreign investment going through the private banks. The banks had privatized on the advice of foreigners. The most destructive one, cheap styplon online Icesave, cheap styplon online was run by a foreigner and the collapse had occured because of foreign speculation with the Icelandic krona. And now the Icelandic people are supposed to pick up the tab? Until last week nearly a quarter of the population had signed a petition for the president not to sign the bill, cheap styplon online which had been accepted by the parliament. Cheap styplon online The Icelandic president listened. Cheap styplon online He didn´t sign. Cheap styplon online He wants the people to decide in a referendum what should be done. Of course the Icelandic mass-media, cheap styplon online like all mass-media fully in the hands of the elites, cheap styplon online is now busy at work convincing people that they would have to agree to pay debts they haven´t made. Cheap styplon online We are now told night and day that all hell will break loose if we don´t. Cheap styplon online For if the British and the Dutch governments don´t like the decision of the Icelandic people, cheap styplon online even before the people have spoken, cheap styplon online then they will go to courts. Cheap styplon online And supposedly the courts will have us pay far, cheap styplon onlinefar, cheap styplon online far more. How much more they can make us pay, cheap styplon online I can´t see. As far as we know, cheap styplon online the per capita debts on the people of Iceland because of Icesave is even now greater than the per capita debts the allies put unto the heads of the German people after WWI. Cheap styplon online This, cheap styplon online by the way, cheap styplon online was one of the reasons for the total destruction of the German financial system, cheap styplon online the German economy and later on the rise of Nazism. And then there is still the threat of another international boycott. Time will tell, cheap styplon online what will happen. At the moment the decision of the Icelandic president was a victory for the people, cheap styplon online a victory for real and direct democracy. Cheap styplon online Original piece can be found at: http://notsylvia.wordpress.com/