Iceland Devastated By "Finance Crisis" -- While Vikings Slept/They Woke Up Too Late


Iceland is a beautiful little country with a population of 313 000. (Andrew Pierce, Financial crisis: Iceland's dreams go up in smoke, Telegraph, 7 Oct 2008 )

The country had been late in admitting foreigners, so most of the population consisted of productive people who like to work. And how they worked!

Whether it was with fish, aluminum, or international trade, they did well.

And got prosperous.

The country has plenty of heat from underground, so even when the Jews in New York raised the energy prices to painful levels, the Icelandic people were still warm.

There was even plenty of heat left over for warm swimming outdoors in winter.

The country enjoyed success:

"Iceland had ousted Norway from the head of the UN's league table of 177 countries that compared per-capita income, education, health care and life expectancy – which, at 80.55 years for males, was third highest in the world." Iceland had "free health and education systems, bought the most books, owned most mobile telephones per head, and included the highest proportion of working women in the world". (Pierce, supra)


These Nordics had their paradise. The schools, the hospitals, and the well-heated swimming pools.

But their prosperity had not gone unnoticed.

And then the Jews came.


Whether we're talking Goa, Germany, the Visigoth Kingdom in Spain, or Denmark, the tactics were simple. First pry open the door with the "credit" business, and then move in with vice.


As recently as the mid-1400s, there were still no Jews living in Denmark or Norway. Jews were specifically excluded from Hanse cities. (Oskar Mendelsohn, Jødenes historie i Norge gjennom 300 år, Bind I, Universitetsforlaget, 1969, p. 11) The government in those days knew something about the Jews, and didn't want to have a "financial crisis".


But the Jews were resourceful. If the door was closed to open Jews, they took a Christian baptism, and operated as conversos (Christian in theory, but Jew in business practices and secret rituals).

Word had gotten around about the rich Icelandic fisheries, and the Polish Jew Daniel Salomon came to Iceland in 1625. (Vilhjálmur Örn Vilhjálmsson, Iceland, the Jews, and Anti-Semitism, 1625-2004, Jewish Political Studies Review 16:3-4 (Fall 2004)).

Before making his way to Iceland, Mr. Salomon took a few sprinkles of water from a priest, and took to calling himself Johannes Salomon.


The Jews who came to Denmark called themselves Portuguese Jews. They soon aroused the indignation of the Christian population, so in 1569, Fredrik II issued the Fremmedlov to govern foreigners in the Kingdom. The law was simple. All foreigners in Denmark had to be Christians. If they didn't want to become Lutherans, they had to leave the country in 3 days. The resolve was noble, but it didn’t hold long. The first Jews in Denmark settled in 1583 and 1584 in Altona. In 1640, Christian IV took over in Altona, and wanted to let Jews into the rest of Denmark. (Mendelsohn, p. 11)


The church said no way, giving Denmark some years of peace.

By 1619 the Jew Albert Dionis had become one of the richest Jews in Hamburg.


In 1620 and 1621 some of his Jewish friends went to live in Glückstadt, which was in Danish territory.

The Jews didn’t stay put in Glückstadt for long. In 1630, all of the Jews who were living in Glückstadt got permission to travel freely in Norway and Denmark. The Jew Binjamin ben Immanuel Mussaphia became court physician to Danish King Christian IV. (Mendelsohn, p. 12)

Fredrik III was the next king. He was forced to deal with the consequences of Jewish travels in the Kingdom. In 1651, Jews were forbidden to travel in the Kingdom.

All the Jews had to get visas in 14 days. But the king made an exception for the Jews in Glückstadt.


In 1657, the rules were further relaxed. The exception was liberalized to include all Portuguese Jews. Now they could travel freely through the Kingdom again.

Denmark went to war with Sweden in the years 1657 – 1660. The country needed money. The nearest lenders were in the Jewish community in Hamburg. (id., p. 13) Naturally, the Jews told the king that their countrymen should be allowed freedom of travel in Denmark. And they got it.


Christian V took over. In 1670, he issued a proclamation that Jews from Glückstadt, Hamburg, and even Amsterdam could move about freely.

And the results of the war? Denmark lost Skåne, took on a lot of debt to the money Jews, and had to open up the country to the Jews for full economic exploitation.

Now Jews started to settle in towns in Denmark. We note that Iceland had been a part of Denmark since 1537 (History of Iceland, Icelandic Tourist Board).


They were starting to feel their oats. It was time to open up their most favored, traditional line of business.

Jacob Franco was one of the "Portuguese Jews". He was in the tobacco business in Copenhagen, and got the monopoly for supplying all the tobacco products to Iceland and the Faroes/Føroyar in 1704. There was some friendly rivalry amongst the Jews, so in 1710 Abraham Levin and Abraham Cantor got into the business as well. And, of course, this traffic in death stayed in Jewish hands. In 1731, Isak Cantor took over the family business. (Vilhjálmsson, supra)

And so the Icelandic people spent their treasure on deadly poisons.

And they figured things out and expelled the Jews from the country?

Of course not.


Instead, the Jews expanded their business from tobacco to the usury trade.

Iceland had also presided over the fastest expansion of a banking system anywhere in the world. Little did anyone know that the expansion once so admired would go on to saddle the country with liabilities in excess of $100 billion – liabilities that now dwarf its gross domestic product of $14 billion. (Pierce, supra)
"Liability": "Something for which one is liable; an obligation, responsibility, or debt."

The country managed to get deeply in debt. And "Iceland presided" over its own entrapment and ruin? Not quite. The Jews presided. Easy credit here, easy credit there. And the country was "saddled with liabilities".

And that's how it always is. Whether its nailing down the position of president in France, Royal Confessor in Spain, or even pope, the expansion of Jewish power is always "so admired" in the Jewish press.

But how does all this work?

The Icelandic people get to work, and put their money in the bank. In Iceland, there were three of these. And the people trusted the banks. You know, those beautiful buildings with lots of glass and marble. And so much "security". Nothing getting stolen out of these -- at least not stolen through the "front door".


Well, surely the government was regulating the banks?

"Iceland has been transformed in the past 20 years. After financial markets were deregulated and banks privatised in 2003" (David Teather, Banking crisis: Iceland takes control of Glitnir, Guardian, 27 Sep 2008 ) the wolves had great freedom to "fleece" the sheep.

Ólafur Ragnar Grímsson has been president in Iceland between since 1996. His wife and fellow Jew, Dorrit Moussaieff, is from Israel.

The people of Iceland let the Jews in. And they came. Bearing valuable gifts like the chance to get deeply in debt, lose their country, and wheeze around with emphysema.

But there was no crisis yet. Sure the people were dropping off left and right from lung cancer. Of course the debt business led to foreign ownership of the country.

But the loan money still flowed.


But then came the big day. The day the news media finally started talking about a crisis.

Back on 27 September 2008, the Glitnir bank was having some trouble. They'd taken plenty of money out of the hands of the real Icelandic people. And sent plenty of the real wealth off to England.

In a country the size of Iceland, the only option for an ambitious company is to look overseas - the reason why so many have appeared in Britain. The banks have moved into foreign markets with their clients, investing alongside them and building investment bank capabilities. (Teather, supra) (emphasis added)
Ambitious? Who might we be talking about?
Of course. The people who run the banks. Not just in Iceland, but also in New York.

You know, those people who come in with the credit lever, and start selling tobacco by the carton.


Glitnir in Norse mythology

Established in 1904, the bank was first known as Íslandsbanki. The name Glitnir was chosen in 2006 to reflect our wider Nordic tradition and to distinguish a new era of growth and expansion.

In ancient Norse mythology, Glitnir (meaning shining) is the beautiful palace where Forseti, the God of justice, peace and truth, holds court.

Glitnir is a place of true justice where disputes are always settled, highly symbolic of the importance of dialogue as a way to resolve conflict in the best Scandinavian tradition. (About Glitnir, added)

Wow! Sounds almost like a cigarette advert. True taste, and all so glittering.

The temple of true justice had a little hole in their finances. €600 million was missing:

"Officials said the government in Reykjavik had bought a 75% stake in the bank for €600m (£478m) to prevent it from going bust." (Teather, supra)

The customary excuse of, Oh, they bought subprime derivatives wasn't even attempted here. The money was just "gone".

You'll be thinking, Ah, Jewish magician David Copperfield was at work.

Or, in this case, the Jew Larus Welding:

"The government asked Glitnir's chief executive, Larus Welding, to remain in place. Welding said the bank had worked hard to secure funding over the past month but that conditions had suddenly worsened." (Teather, supra)


"Icelandic names differ from most Western family name systems by being patronymic (and sometimes matronymic) in that they reflect the immediate father (or mother) of the child and not the historic family lineage.

Iceland shares a common cultural heritage with the Scandinavian countries of Norway, Sweden, and Denmark and the last's crown dependency the Faroe Islands. Icelanders, however, unlike other Scandinavians, have continued to use their traditional name system, which was formerly used in all of Scandinavia; it has also been retained by a minority of the Faroese population. The Icelandic system does not use family names. A person's surname indicates the first name of the person's father (patronymic) or in some cases mother (matronymic). The words patronymic and matronymic derive from Greek patr (father) and matr (mother), + onyma (name).

Some family names exist in Iceland, mostly inherited from parents of foreign origin, whilst some are adopted. Examples of notable Icelanders who have an inherited family name are prime minister Geir Haarde, football star Eiður Smári Guðjohnsen and film director Baltasar Kormákur Samper. Before 1925, it was legal to adopt new family names; one Icelander who did so was the Nobel Prize-winning author Halldór Laxness. Since 1925, one cannot adopt a family name unless possessing legal right to do so due to inheritance." (Icelandic name, Wikipedia)

Welding is not a name like "Weldingson". No, its just Welding. He inherited the name "from parents of foreign origin". Just like the Jewish prime minister Geir Haarde, who spent his yeshiva days at the Jewish Brandeis University in New York. (Geir Haarde, Wikipedia)


Mr. Welding's bank had worked hard to "secure funding".

Ah, but surely the bank was funded by the deposits of hard-working Icelanders?

The Jews had taken the deposits, certainly, but now the money was gone. "Conditions had suddenly worsened". And now they allowed the government to pay the price of a crime committed by those tobacco importers.

Kaupthing was one of those big three Icelandic banks. That is, they did business in Iceland, but had a habit of sending the wealth out of the country. To "Kaupthing Singer & Friedlander, a subsidiary of the Icelandic bank Kaupthing". (Guðmundur Heiðar, Xenophobia rears its head in government's treatment of Iceland, Scotsman, 17 Oct 2008 )

You'll be thinking, Like, wow, an Icelandic bank was doing business in Israel. Well, the names Singer and Friedlander are Jewish, but this outfit was based in England. Well outside control of anyone who cared in the Icelandic government. (As if the Jewish president there would care)

And then, in October 2008, there was a "run" on Kaupthing Singer & Friedlander bank. They'd been taking people's money, and giving promises in return. Word got around that the Jews couldn't be trusted, and after just one day of depositors asking for their money back, this entity was finished. (Heiðar, supra)

And that was what got the ball rolling. It didn't take too long for the other Icelandic banks to fold.

It had all been a house of cards. The Jewish bankers had taken in the money of the Icelandic people, who had trusted them. They lured the people into debt. And all the while they were transferring the wealth out of the country.


And who was in charge of "regulation" during this enormous transfer of wealth? Geir Haarde was finance minister between 1998 and 2005. (Geir Haarde, Wikipedia)


Leaving the Icelandic people with empty pockets and $100 billion of debt. (Pierce, supra) And that for a little country of 313 000.


So who's to blame? Guðmundur Heiðar of Frímannsson University of Akureyri, Iceland, seems to have a clue:
And what is worse, when the first extremist, right-wing politician starts talking about the Jewish conspiracy behind the present turmoil, he is only expressing the same type of thoughts as Gordon Brown on 8 October. (Heiðar, supra)
Gordon Brown knows who's behind the "crisis". Mr. Heiðar seems to be figuring things out as well.


Meanwhile, the common people in Iceland are just starting to wake up. Now, they're starting to throw potatoes at the national parliament building to show their distaste for the government.

The treasure was taken away to England in the previous years, so the people don't have much left.


But they're using what they've got -- potatoes -- to make a statement.

When the citizenry gets a chance, they throw eggs at the Jewish prime minister, and went so far as to torch a Christmas tree.

Not forgetting those T-shirts which show the Jewish prime minister with the nose of a pig.

Its the same old story:

"Økonomiprofessor Thorolfur Matthiasson sier til NTB at han tror statsminister Haarde snart må gå av.

At de ellers så sindige islendingene nå er illsinte på egne myndigheter, skyldes ifølge Matthiasson regjeringens tafatthet og en følelse av snuskeri og forskjellsbehandling.

- Ingen i regjeringen har tatt ansvar og gått av. Den har heller ikke skiftet ut kredittilsynet eller styret i sentralbanken. Nå frykter folk at IMF-lånet vil bli brukt til å dekke over feilene som er gjort. Og frykten er reell når skurken fortsatt sitter og styrer boet, sier professoren." (Agnes Svalastog, Opptøyer på Island i natt, NRK, 22 Jan 2009)


The economics professor Thorolfur Matthiasson says that Icelanders are angry at "their own government". That the Icelanders feel cheated and DISCRIMINATED AGAINST.


And that's the key. We learned here how Bernard Madoff's victims felt cheated. Here we learned how women are systematically cheated of their money and their health. And here we discussed the massive ripoff in America.

Its cheating. And its discrimination. Against the people of Iceland. And in favor of the Jewish finance types in England who got the money. Professor Matthiasson referred to the Haarde/Grímsson government as "their own", but this is wrong.


Whether we're talking Palestine, Russia, or America, there are complaints of discrimination. Somehow the money ends up in Jewish hands, while the goy are left to fend for themselves.

And now they're angry. Already burning pictures of the corrupt politicians who sold them out.myspace profile counters


And after they're done burning pictures?

It all depends on how much the people of Iceland know about the people who cleaned them out.