Iceland Forgives Populations Mortgage Loans, Putting banks and politicians on trial

[Figure-8]

w00t!

Iceland Forgives Populations Mortgage Loans, Putting banks and politicians on trial.

Imagine if everyone around the world stood up to all the BS banks and politicians.

http://video.godlikeproductions.com/...8a6fee29626b66

[ThaTermeneter]

lol that sounds nice but

lenders will not want to do business in your country after something like that, enjoy buying your next house or car with cash

[Malice]

Bunch of thieves. The economic illiterates are the ones cheering this.

[ThaTermeneter]

or the person that just financed a sweet ass house and was about to default

[Dichromate]

Originally Posted by Malice

Bunch of thieves. The economic illiterates are the ones cheering this.

Great argument there.

[Dichromate]

I'm a little suspicious of this - This video has been going around for the past day or so but I'm not seeing anything at all from mainstream news outlets, looking for 'past 24 hours' in google news gives absolutely nothing. They've had some bullshit loan modification thing going on there for a while now, but there doesn't seem to be anything new that's actually happened in the past few months.

[Mirana]

Well Iceland is barely a country anyway. They probably have like 2 import companies running their whole country. There's no way you could do this anywhere else in the world,

because if the USA put the banks on trial, that be like putting themselves on trial? since banks run the countries politics.

[Figure-8]

^ That statement is pretty crazy.

It's basically enlightenment for this age.

Think aboot it.

Also, this is novel.

[Dread_Lord]

Originally Posted by ThaTermeneter

lol that sounds nice but

lenders will not want to do business in your country after something like that, enjoy buying your next house or car with cash

That's a good thing.

[Tachosomoza]

Buying a car with cash is not a good idea unless it's used. You don't wanna pay cash for a new car....unless you can afford to blow money like that, of course.

[Gun Lover]

http://wizbangblog.com/2012/04/14/di...mortgage-debt/

Surprise surprise, it seems to be a greatly exaggerated version of a legitimate debt restructuring bill.

[Figure-8]

PREPARE TO PAY FOR YOUR DOWN FALL

Hahaha, lol.

"Uuuh. We kind of lost all the money."

"What money?"

"Uuhh, the money we were supposed to spend on the country."

"BWWHAAAT? How much?"

"All of it."

"ALL OF IT?"

"Well, 17 trillion worth. We printed money we didn't have."

"WHAT! WHO'S GOING TO PAY FOR ALL THIS?"


"....You?"

[Dread_Lord]

Originally Posted by Tachosomoza

Buying a car with cash is not a good idea unless it's an old piece of shit. You don't wanna pay cash for a new car....unless you can afford to blow money like that, of course,

People could buy cars for cash before credit became widely popular.

[Figure-8]

That's the whole idea.

Only in a LACKING system does this work. A DEBT based system. It's a SLAVE system, no way around it. That's the dynamics of it.

Only in an ABUNDANCE based system can we have normality. What our brains can handle. Which is the decision to decide for ourselves how things can work. That is in a balance and constant flux with many more dynamics in our personal lives, than just economy or business.

We have a LACKING system, and we waste a lot and suffer a lot and need a lot. If we had an ABUNDANCE system, we would have too much, but use just enough and suffer very little.

What is true is that this is mathematically, logically, and naturally the next step.

You have a room of people fighting each other to death to get to the food. Then all of the sudden they figure out how to make food appear everywhere.

Now why would anyone continue fighting unless someone was manipulating their perception of the food and themselves (irrelevant opinions) to get them to do so?

We just fight? Naturally? That's how it is? Only when it's needed. Meaning when it's not needed, in the same manner, the next natural step must come about, which is ABUNDANCE. Or simply a different plan.




It's also another thing to say that the majority of people are too cold, stubborn and disconnected from one another to accept this. It is thought of as outlandish, unreal and fanatical or overly spiritual/mystical.

In reality, to have such opinions about what is only seen in nature (a balance, meaning fight when there's not enough food, don't fight when there's enough, simple), that they can't be seen in our societies is a manipulation to keep people giving their luck, money, and energy away to someone else. The few.

That is the point.

If you are purely physical.

Then you are a slave, you will die a slave.

If you accept in the coming times that we are more than just the body, we will see that there is no point in FEARING DEATH and HOARDING GOODS AND STUFFS until we are numb to the pain

That all starts with the duality/dichotomy of self, that you are just the body.

But what's good about the body is the meaning behind the actions and experiences.

[Tachosomoza]

Originally Posted by Figure-8

PREPARE TO PAY FOR YOUR DOWN FALL

Hahaha, lol.

"Uuuh. We kind of lost all the money."

"What money?"

"Uuhh, the money we were supposed to spend on the country."

"BWWHAAAT? How much?"

"All of it."

"ALL OF IT?"

"Well, 17 trillion worth. We printed money we didn't have."

"WHAT! WHO'S GOING TO PAY FOR ALL THIS?"


"....You?"

Jesus.

Originally Posted by Dread_Lord

People could buy cars for cash before credit became widely popular.

Yeah. You can save up and buy a brand new car for cash now, but that doesn't mean it's a smart thing to do in the long term. Buy used.

[yawanur]

Originally Posted by Tachosomoza

Buying a car with cash is not a good idea unless it's an old piece of shit. You don't wanna pay cash for a new car....unless you can afford to blow money like that, of course,

....so let's just keep handing out money to people who won't pay it back?

[Tachosomoza]

Originally Posted by yawanur

....so let's just keep handing out money to people who won't pay it back?

I didn't say that, did I? Avoid credit, buy used while you're young. New cars are for old rich people.

[is all mememememe with me]

that's why moms gone to iceland

Iceland Advert - YouTube

Iceland Advert - YouTube
Video: click to display

.

[Ghost Buster]

lol wtf is a p. I'd lol if they just used american pennies as currency in iceland.

[is all mememememe with me]

Originally Posted by Ghost Buster

lol wtf is a p. I'd lol if they just used american pennies as currency in iceland.

it is pennies, or pence as they are more commonly known. as in 1/100th of a £.

[Ghost Buster]

^Btw this is pretty irrelevant, but canada has said they are removing pennies as a form of currency since they cost more to make than they are worth. I wonder how that is gonna effect things.

[Psych]

Originally Posted by Ghost Buster

^Btw this is pretty irrelevant, but canada has said they are removing pennies as a form of currency since they cost more to make than they are worth. I wonder how that is gonna effect things.

Another irrelevant fact to go with this tangent is that it cost 8 cents to make a nickle, yet no one talks of getting rid of the nickle. You would save more money by eliminating the nickle from circulation than from removing the pennny, and you could still use 1/100 of a dollar. Whereas if you got rid of the penny everything would have to be 1/20 of a dollar.

tl;dr Get rid of the nickle not the penny.

[is all mememememe with me]

i remember when we had 1/2 pennies. when they took them away all the 1/2 penny sweets i used to buy suddenly doubled in price overnight. the only people who i saw benefit were the businesses that supplied them.

[The Pat-Man]

would be cool if remotely true.