ICELAND BOUGHT INTO UNITED STATES PONZI SCHEME2

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
544 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jan 25, 2009

http://www.roguegovernment.com/
Published on 01-23-2009
Source: Daily Mail
The government of Iceland today became the first to be effectively brought down by the credit crunch.
After several nights of rioting over the financial crisis, Prime Minister Geir Haarde, surrendered to increasing pressure and called a general election for May.
A poll would not normally be held until 2011.
Haarde also revealed that he had been diagnosed with a malignant tumour of the oesophagus and would not seek re-election.
'I have decided not to seek re-election as leader of the Independence Party at its upcoming national congress,' he told a news conference.
The global financial crisis hit Iceland, which has a population 320,000, in October, triggering a collapse in its currency and financial system under the weight of billions of dollars of foreign debts incurred by its banks
The economy is set to shrink 10 percent this year and unemployment is surging.
Critics wanted Haarde, the central bank governor and other senior officials to resign.
Some senior figures in his party have also said they favour an early election, but Haarde had up to now vowed to defy plunging popularity and stay on.
Protests had been held weekly since the crisis broke last year, but since Tuesday have been held every night.
On Thursday, police used teargas on demonstrators for the first time since protests against the North Atlantic island's entry into the NATO alliance in 1949.
Special forces had to rescue Haarde from his car after he was surrounded by an furious mob hurling eggs and cans outside the government offices, in Reykjavik.

http://www.campaignforliberty.com/
http://www.mises.org/
http://www.roguegovernment.com/
http://www.chrismartenson.com/
http://www.endthefed.us/

Category:

Nonprofits & Activism

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:

Video Responses

see all

All Comments (3)

Sign In or Sign Up now to post a comment!
  • Iceland BEWARE

    The Lisbon Treaty (Article 33,paragraph 6) allows the EU executive (WITHOUT CONSULTATION) the right to change or declare null & void ALL rules;regulations;laws present in existing treaties relating to the ECONOMY ;TAX ;CIVIL SOCIETY ;environment etc.

    fuck the EU

  • thank you mr. personality...

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more