Iceland President: Let Banks Go Bankrupt

Iceland’s president explained how his country recovered so quickly from the recession: “The government bailed out the people and imprisoned the banksters; the opposite of what America and the rest of Europe did.”

Gives a good explanation on the recovery of the country’s economy.

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60 Responses to "Iceland President: Let Banks Go Bankrupt"

  1. Joe  February 3, 2013 at 5:31 pm

    Alex Jones is a really good example of how not to deal with problems. Hes is almost unbearable… Listen as he takes credit for Obama’s address. Alex Jones is one of the most self absorbed egotistical people to ever walk this rock. There are much better channels for truth then Alex. He is far to saturated with fear and anger.

    Reply
    • Michael  February 19, 2013 at 12:53 am

      I prefer Alex over any fake news reporter and presenter you see on TV now, despite his aggressively approached attitude. He’s pissed off and so am I. Obama was quite clearly referencing Alex and others like him for sure. I have no reason to hype Alex but anyone making an effort in creating attention as a way to spread the truth is a good person.

    • Nilam  March 1, 2013 at 7:15 am

      Alex jones is an extremist, aka a necessary evil. You said it right, “a fear monger”. While i do not enjoy his form of journalism, he is responsible for waking millions and i can respect that

    • Andrew Hlem  August 13, 2013 at 2:05 pm

      Alex Jones is a fear-monger and dis info agent- Google (Secrets of the right – Selling garbage to you fans) He is Cointelpro and globalist Zionist Israel apologist. He spreads dis info and wild theories to discredit activist and people searching for truth. I started following him at first but most people catch on after a while unless their lazy and don’t do their own research.

  2. Joe  February 3, 2013 at 5:32 pm

    So Im not sure why this posted here instead of the Alex Jones video… But it certainly doesn’t fit here… And I cant move it…

    Reply
  3. Simo  February 3, 2013 at 9:03 pm

    It’s “than” not “then”. Learn your own language.

    Reply
    • LordMeatpie  March 10, 2013 at 4:32 pm

      why not read the comment and take it for the message instead of becoming the fucking grammar police because you have nothing better to offer to the conversation.
      and on that note, Alex is awesome. and I think its great that the Icelandic President is giving the shaft to those dirty jewish banker scum.

    • James  April 23, 2013 at 8:20 pm

      I haven’t read the comment, but for future reference, correcting grammar/spelling is the single quickest way to lose an argument. It shows a lack of educated thought and a pedantic nature to try to ‘win’ using petty means. Its lazy keyboard/pad typing, not a peer reviewed essay or piece of legislate! Just for future reference mate

    • RevoltFuture  August 13, 2013 at 7:19 am

      It’s the grammatical errors that lose arguments, if you can’t structure words and sentences properly you have no business having opinions/stating facts about anything. Inferior brains are not to be taken seriously even if what they are saying is correct as it’s just regurgitated. The more you pick on people for attempting to correct stupidity, the more stupidity will be widely accepted and there will be no will for stupid people to attempt learning. Grammar police is an old comeback and should no longer be used, rather, let’s help the unintelligent strive for betterment.

    • Vicki Herrmann  August 13, 2013 at 4:27 pm

      I tried to like your comment Revolt, because you hit the nail on the head. Many people just like to spew words without forming them properly, or using punctuation to make complete sentences. Gives me a headache, but I also understand the point James makes. The best method I’ve learned is to correct by being an example.
      The reality is that if a person is unable to articulate their idea, then however accurate their point may be, it gets dismissed as a mere rant.
      Grammar police aren’t needed – because the idea is already viewed as trash talk.

  4. Olylama  February 4, 2013 at 12:39 am

    Hang on i am liking this politician. This is really strange. Is he working for the good of his country? I really hope this catches on, Governments making some decisions that benefit its peoples. Power on iceland set the example.

    Reply
  5. Barbara K.  February 4, 2013 at 9:00 am

    Olafur Ragnar Grimsson For PRESIDENT OF THE US>>> ;)
    just sayin about time ! alas but to dream…

    Reply
  6. Autonomous Collective  February 14, 2013 at 10:09 am

    This should begin on a global scale and the sooner the better. The political and financial protection afforded to banks needs to end. The welfare state and dependency needs to end and the political class needs to be dramatically downsized.

    Reply
  7. Shan  February 14, 2013 at 11:00 am

    Now that is leadership. Bold is leadership.

    Reply
  8. Einar  February 14, 2013 at 4:49 pm

    President of Iceland is not the leader of the country.

    That is the prime minister…

    Reply
  9. ic2manywords  February 14, 2013 at 4:51 pm

    One part of a book I was reading last night said that just one part of a bailout of one of the banks in 2008 would cover the budget for welfare for the US for nearly 8 years. We are more than willing to provide billions for the richest among us without name-calling or belittling them, but we have nothing but contempt for the poor. Fascinating, isn’t it?

    Reply
  10. Jason Sleep  February 14, 2013 at 7:18 pm

    Thank you Iceland for your wisdom’s shared :D

    Reply
  11. Miriam Hdz. (@miriamhdz)  February 15, 2013 at 10:53 am

    Is Fox business more progressive than Fox news? Why are then, interviewing a president that promotes bigger taxes?

    Reply
    • chris  February 17, 2013 at 3:17 am

      because taxes mean revenue ad revenue is wts needed to be independant from the bankster loan companies.

    • rich  March 18, 2013 at 10:41 am

      Chris, that is wrongon every level.

  12. Benj Hall  February 19, 2013 at 12:59 am

    Absolutely fantastic view of a rational way of handling a corrupt banking industry.

    Reply
  13. Nico Twothousand  February 19, 2013 at 3:42 am

    Probably the ONLY politician in Europe who is not corrupt.

    Reply
    • Sigurður Atlason  September 17, 2013 at 9:31 am

      Well, Ólafur is not free from what happened. He is actually one of the puppets to blame but still he tries to act like some Dalai Lama. We seems to be a nation that seems to love be handled as puke. – And, just for the records. Not one banker was put to jail in Iceland. It is all fake and lies.

  14. Stanisław Gadomski  February 19, 2013 at 6:50 am

    Are there Icelanders having other opinions on it? I would like to hear/read them too.

    Reply
  15. Gary M Dean  February 25, 2013 at 5:56 am

    They should clone this man and share him around the world …

    Reply
  16. Larry Turner  March 1, 2013 at 7:43 am

    It’s funny how they forget to mention the fact that Iceland was affected by the 2008 financial issues, just like every other country that has a private central bank. And how the people stood up and refused to let the people that control the money reward themselves for taking peoples land, assets and savings with taxpayer paid bailout money. Oh and how there was a peaceful revolution that forced a new election with new rules that excluded anyone who served in any government office before. And the bankers who ripped off the people of Iceland were arrested and 25% of the people who lost their home got it back. And they told the IMF and the Bank of England that they were tricked into this debt through the bribing of elected officials and they would not pay back the debt. Obviously the same people who control the money must control the media or there would have been all kinds of news coverage on the Iceland Revolution. This banking cartel has just about the entire world in a Plutocracy. We need to do what Iceland did and end the use of a private company to control our money system, they are in it for profit, if we controlled it those profits would belong to the people and be used for the en betterment of man and not for a few guys to have jets, yachts, and a Bugatti.

    Reply
    • Winged Heron  August 13, 2013 at 6:35 am

      Absolutely agree :) Iceland did well

  17. Theo  March 18, 2013 at 10:43 am

    this is just beginning,i hope! Everything is possible,destroying of one monetary system is not end of world,is just a must do,is just a step towards an healthier society!

    Reply
  18. Melt Olckers  March 24, 2013 at 11:44 am

    Cyprus must follow this option!

    Reply
    • Peter Ivanov  March 24, 2013 at 5:50 pm

      The entire world must follow this example!!

  19. Anan  March 24, 2013 at 11:52 am

    This is not true! Iceland did not let banks go bankrupt! This is all a lie! Iceland has the same problems everyone else has! Stop believing all the lies! This is what really happened in Iceland: http://studiotendra.com/2012/12/29/what-is-actually-going-on-in-iceland/

    Reply
  20. carlos  April 28, 2013 at 5:29 am

    if somebody read the last post of “Anan” talking about the “the real situation of Iceland” and the “all that media said is a lie” and all shit, I have something to say:
    - the dammed “Studiotendra” web page is property of a fuckin lier and brownose of the jew bank system called Baldur Bjarnason, a clown with fine words and very much stupid economic blah blah that try to explain from his dammed point of view “things” that he believe, things that just exist and occur in his poor brain
    .Why I said this? simple, a entire nation like Iceland turn down the fuckin jew bank system, so the same dammed jew owners of all search and found a tipical bastard that defend at hell the corrupt and destructive system that almost thrill the entire world at this time, but in this situation he defend the jew bank system and try to destroy the credibility of his own country before all people, that kind of “man” are perfect to representate the jew bank system
    well, what you can expect of a man like that? just lies ans stupidity
    Iceland set it free of the fuckin jew bank system, thats the truth

    Reply
  21. Maria Solrun  September 25, 2013 at 10:18 am

    OH, ÓLAFUR RAGNAR GRÍMSSON IS DEFINITELY NOT THE LEADER WHO MADE THE DECISION THAT SAVED ICELAND! BUT HE CERTAINLY IS OUTRAGEOUS ENOUGH TO TAKE THE CREDIT FOR IT…

    Reply
    • Tony Murray  September 25, 2013 at 7:44 pm

      Like all good politicians

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