Posts Tagged ‘grand larceny’

 

Outstanding leadership. Iceland flipped the finger to the banksters of the world in 2008, and did the exact opposite of the US and Europe. And I want to go live there.

“We were wise enough not to follow the traditional prevailing orthodoxies of the Western financial world in the last 30 years. We introduced currency controls, we let the banks fail, we provided support for the poor, and we didn’t introduce austerity measures like you’re seeing here in Europe.

…Why are the banks considered to be the holy churches of the modern economy? Why are private banks not like airlines and tele-communication companies and allowed to go bankrupt if they have been run in an irresponsible way? The theory that you have to bail-out banks is a theory that you allow bankers enjoy for their own profit their success, and then let ordinary people bear their failure through taxes and austerity. People in enlightened democracies are not going to accept that in the long run.“

 

iceland

 

Coming Soon

From michaelmoore.com / youtube

‘CAPITALISM: A LOVE STORY’ – In Theaters October 2nd

“It’s a crime story. But it’s also a war story about class warfare. And a vampire movie, with the upper 1 percent feeding off the rest of us. And, of course, it’s also a love story. Only it’s about an abusive relationship.
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