Daily Protests outside Iceland’s Central Bank
Here comes the news from Iceland—
you couldn’t make this up if you tried to.
Two of Iceland’s Central Bankers Refuse to Resign!
Central bank governors Davíd Oddsson & Eiríkur Gudnason have refused to resign despite receiving a request from Prime Minister Jóhanna Sigurdardóttir that they step down. The third governor, Ingimundur Fridriksson, has complied with her request.
Quote:"According to Fréttabladid, Oddsson, who is also chairman of the board of governors, replied to Sigurdardóttir with a letter yesterday (which has been posted on the website of the Central Bank) in which he accused her of violating laws intended to protect the Central Bank’s independence and shield the board of governors from “political attacks.”
mms: ..violating laws intended to protect the Central Bank's independence to commit the fraud, hello
Governor of Iceland's Central Bank wrote:
..."It just so happen that, at the present time, public discussion implies that monetary economics may not be resting on solid foundation after the economic collapse that has occurred all over the globe.
MS Note: WOW, No Kiddin' Sherlock no kinddin.
PDF LINK GREAT READ A confession of a Central Banksteroff -
DOWNLOAD & SAVE FOR A LEGAL PRECEDENT -
http://www.sedlabanki.is/lisalib/getfile.aspx?itemid=6801
http://www.perfecteconomy.com/f/viewtopic.php?f=22&t=378&p=9...
Mathematically Perfected Economy in other words interest-free-monetary-system, not debt free - you pay what you borrow, no more - & the congress creates money not the Fed...
While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.
There is no other solution. Regulation can only temper an inherently terminal process.
