Friday, May 15, 2009

REPUDIATION TIME FOR ICELAND

Icelanders are working up to repudiation with pots & pans
The hired guns are after their country and their future and they are not happy
Repudiation of all overseas debt is the only way to clear the bankruptcy that the banksters and their politicians have brought on their country
They wont be the only people to do so
If we all stand up to those who would turn us into debt serfs, then we can all be free
The world is watching

ITS REPUDIATION TIME

Friday, May 8, 2009

NO MORE FEDROS

NO MORE FEDROS

Fedros are money created by the private US Federal Reserve out of thin air

It appears that 1 Fedro = 222 Icelandic Krona and therefore 1 Fedro = 1 $US

It appears the private US Federal Reserve is able to create Fedros out of thin air and pass them off as $US - within the US and overseas
They seem to prefer passing them off as $US instead of Icelandic Krona - there is not much demand for IK these days

The US Federal Reserve only has a limited $US asset base yet it has created loaned/swapped up to $2820 billion within the US and overseas

It has loaned the equivalent of $2200 billion Fedros as $US within the US without any transparency with its government See

It has swapped the equivalent of up to $620 billion Fedros as $US to countries that include Australia, Canada, Denmark, England, Korea, Mexico, New Zealand, Norway, Singapore, Sweden, and Switzerland. See http://www.federalreserve.gov/monetarypolicy/bst_swapfaqs.htm

NO MORE FEDROS