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The Icelandic President listens to the voice of the people http://www.steinar.is/portfolio/img/0138c2d42a9523f98869bcc20170f1c3a.jpg January 5, find no rx calming formula cats 2010 The Icelandic President Olafur Ragnar Grimson refused to sign the Ice-save bill, find no rx calming formula cats which would have obligated the Icelandic tax-payer to pay unconditionally for the debts of the Ice-save division of Landsbanki, find no rx calming formula cats a private bank, find no rx calming formula cats which had collapsed in 2008. Find no rx calming formula cats 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, find no rx calming formula cats although most disagreed with it personally. The Icelandic government in turn had been for many months under strong pressure by the IMF, find no rx calming formula cats the British and Dutch government as well as from the European Union, find no rx calming formula cats 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, find no rx calming formula cats that Iceland would pay as a percentage of national income. Find no rx calming formula cats In other words the parliament had agreed to pay, find no rx calming formula cats but only so much that it wouldn´t hurt the Icelandic economy. The British and Dutch governments, find no rx calming formula cats under pressure of the international financial elites represented in the IMF, find no rx calming formula cats however, find no rx calming formula cats didn´t allow for any reasonable conditions. Find no rx calming formula cats 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, find no rx calming formula cats as in the times of the Danish rule. National sovereignty would have been a thing of the past, find no rx calming formula cats a short past which had lasted only from 1944 til 2008. The Icelandic parliament and the government gave in to the pressure, find no rx calming formula cats since it had been made clear to them, find no rx calming formula cats that if Iceland wouldn´t surrender unconditionally it would have meant a declaration of war (an economic war, find no rx calming formula cats probably). Find no rx calming formula cats The Icelandic minister of finance actually said so in a press interview. The Icelandic government knew from very recent experience, find no rx calming formula cats what this would mean. Right at the beginning of the banking crisis, find no rx calming formula cats Iceland had been put on the list of terrorist supporting countries – right next to Iran. Find no rx calming formula cats Subsequently all Icelandic assets in Britain were frozen, find no rx calming formula cats and the last and the largest Icelandic bank, find no rx calming formula cats which had not yet been bankrupted then and might have possibly weathered the storm, find no rx calming formula cats went down. All financial lines to Iceland were cut. Find no rx calming formula cats No payments could be made to and from Iceland. Find no rx calming formula cats After three weeks Icelandic retailers warned that they were running out of food and were unable to import anything, find no rx calming formula cats because of the international financial boycott on the country. Find no rx calming formula cats Fuel supplies for the fishing industry would have run out after a few months as well. Find no rx calming formula cats Without fish or any other food, find no rx calming formula cats the country would literally have to starve. However, find no rx calming formula cats in spite of all those threats the vast majority of the Icelandic people do not want to give in. Find no rx calming formula cats They see the Ice-save debts as not belonging to them, find no rx calming formula cats but to the corrupt banks and their owners. One thing, find no rx calming formula cats 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, find no rx calming formula cats Mark Sismey-Durrant, find no rx calming formula cats was an important well-integrated British banker, find no rx calming formula cats a member of the “Worshipful Company of International Bankers”, find no rx calming formula cats the British banker guild. Find no rx calming formula cats 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, find no rx calming formula cats HSBC. The HSBC “advisors” had been responsible for talking the Icelandic government into privatizing the banks in 2003. Find no rx calming formula cats Five years later those banks crashed, find no rx calming formula cats and they crashed the countries´economy. Before the privatization Icelandic banks had been in public hands. Find no rx calming formula cats One belonged to the central government others to the communities around the country, find no rx calming formula cats 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, find no rx calming formula cats from roads to tunnels to hydro-electric energy and thermal energy to warm our houses and public buildings. Find no rx calming formula cats All of this had been built before the privatization, find no rx calming formula cats none of it was built with foreign money. Iceland already had two large aluminum factories, find no rx calming formula cats 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, find no rx calming formula cats Icesave, find no rx calming formula cats 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, find no rx calming formula cats which had been accepted by the parliament. Find no rx calming formula cats The Icelandic president listened. Find no rx calming formula cats He didn´t sign. Find no rx calming formula cats He wants the people to decide in a referendum what should be done. Of course the Icelandic mass-media, find no rx calming formula cats like all mass-media fully in the hands of the elites, find no rx calming formula cats is now busy at work convincing people that they would have to agree to pay debts they haven´t made. Find no rx calming formula cats We are now told night and day that all hell will break loose if we don´t. Find no rx calming formula cats For if the British and the Dutch governments don´t like the decision of the Icelandic people, find no rx calming formula cats even before the people have spoken, find no rx calming formula cats then they will go to courts. Find no rx calming formula cats And supposedly the courts will have us pay far, find no rx calming formula catsfar, find no rx calming formula cats far more. How much more they can make us pay, find no rx calming formula cats I can´t see. As far as we know, find no rx calming formula cats 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. Find no rx calming formula cats This, find no rx calming formula cats by the way, find no rx calming formula cats was one of the reasons for the total destruction of the German financial system, find no rx calming formula cats the German economy and later on the rise of Nazism. And then there is still the threat of another international boycott. Time will tell, find no rx calming formula cats what will happen. At the moment the decision of the Icelandic president was a victory for the people, find no rx calming formula cats a victory for real and direct democracy. Find no rx calming formula cats Original piece can be found at: http://notsylvia.wordpress.com/