Iceland Declares Independence from International Banks

By Bill Wilson – Iceland is free.  And it will remain so, so long as her people wish to remain autonomous of the foreign domination of her would-be masters — in this case, international bankers.

On April 9, the fiercely independent people of island-nation defeated a referendum that would have bailed out the UK and the Netherlands who had covered the deposits of British and Dutch investors who had lost funds in Icesave bank in 2008.

At the time of the bank’s failure, Iceland refused to cover the losses.  But the UK and Netherlands nonetheless have demanded that Iceland repay them for the “loan” as a condition for admission into the European Union.

In response, the Icelandic people have told Europe to go pound sand. The final vote was 103,207 to 69,462, or 58.9 percent to 39.7 percent.   “Taxpayers should not be responsible for paying the debts of a private institution,” said Sigriur Andersen, a spokeswoman for the Advice group that opposed the bailout.

A similar referendum in 2009 on the issue, although with harsher terms, found 93.2 percent of the Icelandic electorate rejecting a proposal to guarantee the deposits of foreign investors who had funds in the Icelandic bank. The referendum was invoked when President Olafur Ragnur Grimmson vetoed legislation the Althingi, Iceland’s parliament, had passed to pay back the British and Dutch.

Under the terms of the agreement, Iceland would have had to pay £2.35 billion to the UK, and €1.32 billion to the Netherlands by 2046 at a 3 percent interest rate.  Its rejection for the second time by Iceland is a testament to its people, who feel they should bear no responsibility for the losses of foreigners endured in the financial crisis.

That opposition to bailouts led to Iceland’s decision to allow the bank to fail in 2008.  Not that the taxpayers there could have afforded to.  As noted by Bloomberg News, at the time the crisis hit in 2008, “the banks had debts equal to 10 times Iceland’s $12 billion GDP.”

“These were private banks and we didn’t pump money into them in order to keep them going; the state did not shoulder the responsibility of the failed private banks,” Iceland President Olafur Grimsson told Bloomberg Television.

What is occurring in other parts of the world will also occur in the US.

(From 2008) Satan is desperately trying to save his beast. But no salvation will come for the United States. The financial crisis will worsen. All plans conceived will fail. The economy will go down in ruins. The government will take aim on the religious community to try and gain its wealth from the reserves of the churches, but all will fail as the debt ratio climbs and the economy continues to shrink into oblivion. Nothing can change this from happening. It’s Father’s will.

And because Father began the economic fall with Satan’s prized beast it will continue to quake a path of economic failures around the globe. It will be a domino toppling effect. Satan will be forced to consider the restructuring of the monetary system with the European Union leading the way. As the image of the beast rises to help end the worldwide crisis, the United States will sanction its authority.

Revelation 13:15 “He was permitted to give a spirit to the image of the beast, so that the image of the beast could both speak and cause whoever would not worship the image of the beast to be killed.”

Those that resist the rise of the image of the beast will be executed for resistance to the new authority. There will be a one world currency. There will be a removal of Christianity.
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