HOW BAD WILL THIS GET.

THIS WILL HAPPEN IN USA MID OCT. 2009

NEW DARK AGE.

Bailout will bring "New Dark Age". Most of the general citizenry still living today, among the nations of both the Americas and Europe, in particular, were born too late to have been given any semblance of a competent insight into the origins and nature of the changes in national cultures and prevailing currents of public opinion which have since occurred, during the course of the 1945-2008 period to date. Thus, they, excepting, chiefly, a sprinkling of figures from among those presently in their eighties and nineties, lack any effective, adult experience of what went wrong, in the process of creating what is presently occurring as the greatest general economic breakdown-crisis in modern history. The typical citizen today, accepts the changes in thinking which have produced today's disaster, accepting these as being almost some universal truth since the beginning of Creation; they accept this without any efficient sense of the origin, nature, and effect of what has become a traditional outlook among each of the generations in their forties, fifties, and sixties today. The lesson to be learned from that experience of those born to form the post-World War II generations, is the lesson of that principle of all great Classical tragedy since the Homeric Iliad , which presumes, insightfully, that it is a generation's own acquired habits, and the influence of whatever supposed gods or demi-gods they worship, which are most likely to be the causes of its own, systemically tragic, self-destruction.

LAST WARNING! Click Here.

The 'New Dark Age' - Bailout 57 Videos.

Today this is happening to Iceland.

Last century similar enslavement happened to Germany, Watch this Video:

"Hyperinflation & LaRouche's Triple Curve Video".

Enslaving a small nation.

Iceland, the country that became a hedge fund. Okay, not really. But its main banks and business tycoons took huge risks and its citizens borrowed to the hilt. Now this island taxpaying citizens, are paying all the price. This will cause powerty in Iceland for some years. The fastest change from democracy to slave state,the last centuries in known history. And the Iceland Chrash occured, Enslaving a small nation, Iceland.

Today the economy is in unbelievably horrible shape. The three banks - Kaupthing, Landsbanki, and Glitnir, are in receivership or actually bankrupt. The stock market has lost 90% of its value. The central bank is technically insolvent, its modest pile of assets dwarfed by a mountain of liabilities. The Icesave money from Uk and Holland are gone, but where?

The currency, the krona, has lost more than half its value. GDP is expected to drop by a stomach-churning 10% in 2009, and unemployment will probably hit a 40-year high. At Reykjavík’s port sit gleaming new Range Rovers and other SUVs that are now unsellable, and newspapers are exhorting the public to buy no-frills Icelandic goods.”

The blame game is only just beginning. But it’s already clear that Iceland’s demise was a result of flawed economic and monetary policy, bungled crisis management, and a calamitous breakdown of international cooperation. Iceland’s business and political community bear an important part of the responsibility,of the financial crisis, even as the politicians, now play the victim. Althoug at this time stories are going around about politicians, getting their depts in the banks written off! This may be the reson for all the "silence" about the research and investigation of FME. At this time the government has not yet disclosed how much money was stolen from the Icesave account of Landsbanki, in England and Holland. I guess it will be next generation in Iceland that will pay this with their taxes,the Iceland crash.

Iceland had one of the richest economies in Europe, but it had a problem. Its three main private sector banks had become so large that their assets amounted to more than ten times the gross domestic product of the country - and there were signs that they might run into trouble.

Iceland had asked its traditional allies for help, but to its consternation, its pleas to the U.S. Federal Reserve, the Bank of England, and the European Central Bank went unheeded. Instead, the answer was always, "Ask the International Monetary Fund" - a drastic step Iceland didn't want to take. Which has now been taken finally,and the first funds of the loan from IMF has arrived in Central Bank of Iceland.

Global financial instability has sparked a surge in "monetary nationalism" ,the idea that countries must make and control their own currencies. But globalization and monetary nationalism are a dangerous combination, a cause of financial crises and geopolitical tension. The world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn.

COMMENT FROM JOHN HOEFLE ECONOMIST.

From what I've seen Iceland was basically turned from a productive economy into an offshore speculative playground by the British Empire, which looted it and now demand that it surrender its sovereignty to the IMF in return for loans. Loans from the IMF are a trap, which generally works this way: The IMF gives a nation a loan, but the money actually goes to the international banks to which the nation owes money. In reality, the banks get the money and the nations get the debt. Under IMF conditionalities, the nation is unable to pay back that debt--this is often done by forcing the nation to devalue its currency, and since the debt is denominated in dollars or some other foreign currency, the devaluations mean that a larger percentage of the nation's GDP must go to debt service. When the nation is unable to meet its payments, the IMF will make it another loan, with further conditionalities applied, resulting in a greater debt than ever before. Pretty soon, the nation is a debt slave to the international banks.

This process has played out repeatedly in Ibero-America, where nations have paid bank far more than they initially borrowed, yet owe more than ever. This the Venetian method, using financial warfare to bankrupt a nation, lending it money under the guise of helping, and then using more financial warfare to bankrupt it again, until the debt burden becomes so great that it cannot escape. What we here in the States call "loan-sharking" is based upon that concept.

The IMF is not your friend, it is the enforcer for the Venetian debt-slavery system. If you let it in, it will eat you alive.

We believe that the collapse is on, and that it will hit far faster than people imagine. That is part of the reason people are so opposed to the Obama health-care plan--the man who is supposed to be helping them is instead proposing to kill them, while protecting the international banks. The good news is that a political revolt has started, with Congressmen getting verbally battered in their districts on the health-plan issue, so much so that they and the President are basically going into hiding. A sea-change is occurring,now.

FIREWALL. In Defense of the Nation State.

HOW BAD WILL THIS GET ?

"GIVE ME CONTROL OF A NATION'S MONEY
AND I CARE NOT WHO MAKES THE LAWS"
Mayer Amschel Rothschild Banker.

Lysander Spooner, quotes about Rothschild:
The Rothschilds,and that class of money-lenders of whom they are the representatives and agents - men who never think of lending a shilling to their next-door neighbors, for purposes of honest industry, unless upon the most ample security, and at the highest rate of interest, stand ready, at all times, to lend money in unlimited amounts to those robbers and murderers, who call themselves governments, to be expended in shooting down those who do not submit quietly to being robbed and enslaved!

VILMUNDUR GYLFASON No. 1