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Saturday, May 18, 2013
ICELAND - How to fix the financial crisis.
The people of Iceland forced their corrupt government to resign.A public assembly was created to rewrite the constitution.The banks were nationalized, it was decided not to pay the debt that PRIVATE banks created.All of this in a peaceful way...What would happen if the rest of the world took this as an example?
“What Iceland did was right. It would have been wrong to burden future generations with the mistakes of the financial system.” -Joe Stiglitz, Nobel prize winning economist
“What [Iceland's recovery] demonstrated was the … case for letting creditors of private banks gone wild eat the losses.” -Paul Krugman, Nobel prize winning economist
“What [Iceland's recovery] demonstrated was the … case for letting creditors of private banks gone wild eat the losses.” -Paul Krugman, Nobel prize winning economist
The Con Man that Cost Google Millions
Meet the career con man who made a fortune selling illegal pharmaceuticals online—and pulled off a federal sting that forced Google to pay $500 million.
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Stare at the cross and play the above video to have your mind blown!
