The David Icke Newsletter, 4th September, 2011

NO-ONE SAYS IT BETTER THAN DAVID ICKE!(Note: This newsletter, along with others going back to 2005, is available to view on www.davidicke.com by logging in here and clicking on "newsletter archive" on the right-hand menu)The David Icke Newsletter, 4th September, 2011NO ALTERNATIVE? ........ SEE ICELANDHello all ...One of the major mass manipulation techniques employed to advance the Orwellian state can be described as 'there is no alternative', 'we have no alternative', 'the only solution is ...' and so on. The idea is to present what you want to happen as the only possible response to given (engineered) events.When the banking crash devastated the global economy in September 2008, governments said they had 'no alternative' but to bail out the banks and financial institutions that caused the crash. There was no debate or discussion about other ways to respond, and with the bankers' agents appointed to financial positions in government the interests of 'the people' never stood a chance.What followed was the biggest transfer of wealth from people to bankers, the many to the tiny few, in known human history - and there was 'no alternative??'The consequences of this 'only solution' can be seen in North America and Europe as their economies head up the Suwannee in search of a paddle. The same basic plan is being played out both sides of the Atlantic and around the world, with minor differences, and the same projected outcome is planned for everyone.The 'problem' was systematically engineered by those that control the banking and financial system via Rothschild agents like Alan Greenspan, chairman of the US Federal Reserve from 1987 to 2006, who has continued to drive policy at the 'Fed' through his poodle successor, the utterly useless Ben Bernanke. Counting beads for Christmas again, Ben?Bernanke and Greenspan - puppet and puppet master.'Mr Bernanke, are you your own man?''Alan, am I my own man?'The calculated looting of the public 'treasure' is so blatant and clear to see. In Europe it goes like this:Crash the banking system to trigger the sequence.Hurl trillions at the banks to 'save them' and accept their 'toxic' (worthless) debts as collateral, so transforming in an instant private debt into government (public) debt.Governments career towards bankruptcy because of all the debt involved in bailing the banks and the International Monetary Fund (IMF) and the European Central Bank (ECB), both owned by the same people that own the banks, move in to bail out governments with still more loans (debt).The IMF and ECB insist that governments impose vicious austerity programmes on their populations and sell off state assets to private corporations owned by the same people that own the IMF, ECB and the banks.The European Union demands control of all member economies and the creation of a centrally-controlled 'United States of Europe' to solve the 'problem' which those who control the European Union (the same people that own the IMF, ECB and the banks) have created.The United States version goes like this:Crash the banking system to trigger the sequence.Hurl trillions at the banks to 'save them' and accept their 'toxic' (worthless) debts as collateral, so transforming in an instant private debt into government (public) debt.The government careers towards bankruptcy because of all the debt involved in bailing the banks and accrues still more debt to meet the vast difference between income and expenditure.The government imposes a vicious austerity programme on the population and sells off state assets to private corporations owned by the same people that own the government and the bailed-out banks.When the lawful debt ceiling is reached, the government and Congress agree to raise it still further (making the eventual collapse even more catastrophic) and the crisis is used to introduce a 13 member 'Super Committee', or 'Super Congress, to usurp what remained (very little) of democratic accountability.All this has happened and hundreds of millions of lives have been severely affected because of the claim that there was 'no alternative' to bailing out the banks that had caused the problem. But the people of Iceland have shown that this is nonsense.You would have heard a great deal about Iceland in 2008 when its banking system suffered a monumental and extraordinary collapse. It was, relative to the size of the Icelandic economy, the biggest banking crash in economic history.You hear very little about Iceland today because of the way its population of 320,000 dealt with the enormous challenges they were suddenly facing. Don't mention Iceland - Shhhhhh! There is nothing more dangerous to 'no alternative' than another alternative that works ... the threat of a good example.So Iceland? Schtum. [’silence’ – Milson](The Herd Mentality – see video reference at end of this article)The scale of the Icelandic collapse was shocking. In the years before 2008, Iceland adopted the 'Greenspan Doctrine' of privatising the banking system and removing checks and balances that held the line against unfettered, undiluted greed running riot.Overseas investors were attracted by higher rates of return in accounts known as 'IceSave', but this increased Iceland's foreign debt to outrageous and clearly unsustainable levels. It was 200 times national income in 2003 and 900 per cent by 2007. It was a disaster waiting to happen and it did not have to wait long ... cue Icelandic banks ...There was no way that this fiscal fantasy could survive the global crash of 2008 and the three major Icelandic banks, Glitnir, Landbanki and Kapthing were nationalised when they went under and the value of the Kroner against the Euro plummeted by 85 per cent.But today, just three years later, Iceland's economy is recovering from the biggest comparative banking collapse in history because ... they didn't bail out the banks - they let them fail. Those who caused the problem took the consequences.This was the result of the Icelandic people refusing to take the hit for what the banks had created. Vehement public protests forced out the sitting Prime Minister, Geir Hilmar Haarde, who resigned in 2009, and he became the first Icelandic minister to be charged and stand trial for 'misconduct in office'.So here straight away are three fundamental differences between what happened in Iceland and the bail-out countries:When the Irish banks collapsed, for example, due to their own greed and corruption, the Irish government of the ludicrous Prime Minister, Brian Cowen, bailed them out to such an astonishing extent that Ireland is now in the grip of severe austerity measures, up to its neck and beyond in debt to the IMF and European Central Bank, and the Irish economy is destroyed for generations. Iceland simply let the banks fail.Cowen said that he would resign as Irish leader, but only after he had negotiated a vast 'loan package' with the IMF and ECB with all the conditions and stipulations that came with it. So those who created the problem were allowed to impose the 'solution' - causing an even bigger problem by massively increasing public debt via the government. Icelanders forced out the politicians who oversaw the financial debacle before they could do the same as Cowen.The leader whose corrupt or criminal incompetence guided Ireland on to the rocks was allowed to walk away and continue his no doubt very comfortable life while the Irish nation is left with the consequences. The Icelandic version of Cowen is standing trial for what he did.In the dock: Geir Hilmar Haarde.But there's more. The Irish people, thanks to Cowen and Co., are paying in lower benefits and higher taxes, unemployment and lost homes, for the debts accrued by the banks and now passed on to the government and population via the IMF and ECB.The Icelandic people refused to be made responsible for the debts of the banks that were nothing to do with them. The non-banking Iceland economic was in pretty good shape before 2008 - it was banking debt that caused the crisis and not the general population.Prime Minister Haarde was embarking on the 'there is no alternative' response in Iceland after it all went pear-shaped and the European Union and IMF wanted to take on the Icelandic banking debt via the government and the population to secure external control of the country even though Iceland is not a member of the EU.In the pub: Brian Cowen.The European Union claimed that only by Iceland accepting massive loans (control) from the EU could Icelanders pay back Britain and the Netherlands which had guaranteed the losses of their investors in deceased Icelandic banks.But the Icelandic people protested and harassed the old and new governments into not vastly indebting the population to repay investors in Icelandic banks in which they had played no part. It was a simple equation called fairness and justice.It was not the Icelandic people who chose to invest in the seriously dodgy foreign investor accounts promoted by Iceland's private banks offering a better rate of return - it was the overseas investors. Why should those who didn't own the banks repay the losses of the private owners and investors in those banks? That was the stance of the Icelandic people and they were not budging.Meanwhile, in North America and throughout Europe this is precisely what the people are doing - taking on the responsibility to repay banking losses and debts in which they had no say, input or contribution whatsoever. Crazy, but true. No, make that insane, but true.The incoming 'left-wing' coalition government in Iceland in 2009 also took the 'no alternative' route to begin with, but once again the people were not having it - tenacity and not taking 'no' for an answer is the key.The new government proposed amid threats from Britain and others to repay 3.5 million euros in private banking debt, plus interest - the equivalent of 100 euros a month for every Icelander for 15 years.Protests increased and the head of state, President Olafur Ragnar Grimsson, refused to sign the repayment plan into law and he agreed to public requests for a referendum on the proposal. The outcome of that was a no contest given public feeling and in the spring of 2010 some 93 per cent of Icelanders voted to reject the idea of the public repaying the debts of private banks.The government had to come into line with the wishes of the population and criminal proceedings were begun against those behind the banking crash, including the former prime minister. Icelanders also insisted on a new constitution to protect the country from the international power structure with 25 people, not connected to political parties, elected to compile the document.This is what can be done if people will not stop until justice is done. The outcome is that Iceland's economy is awakening from its nightmare while those countries (all the rest) that bailed out the banks and made the public responsible for private debts are going ever deeper into the mire.What Iceland needs to do now is withdraw its application to join the European Union which will undo all the great work so far. The latest poll in the last week shows that 64 per cent of Icelanders want the application scrapped and they must be as unbending on this as they have been over the bank bailoutsIceland President Olafur Ragnar Grimsson has also made the point that I have emphasised in these newsletters in the last few months - the credit rating agencies are a disgrace and a scam. The credit rating of companies and countries is dominated by three agencies - Moody's Investors Services and Standard and Poor's (which together account for 80 per cent of the market) and Fitch Investor's Services (15 per cent).These are the agencies that gave triple-A ratings to complete junk in the run up to 2008 and gave the Icelandic banks a clean bill of health just before they collapsed. Yet these are the same agencies now deciding the fate of whole nations by the credit rating they give to a country.They work in league with the House of Rothschild by downgrading target countries, and insiders make incredible fortunes by betting on a country having a credit rating downgrade when they know that it is coming.The global financial system is not only a casino playing minute by minute with peoples' lives - the tables are as rigged as rigged could be because the Rothschild networks not only control the system, they designed it. To them, the system is a cyber-reality dictating the flows of energy that we call 'money'.They ensure that rivers of money constantly flow to them and away from the vast majority of people. Their main vehicle for this is the availability of non-existent theoretical 'money' called 'credit'. The methodology is real simple.Firstly, only the principal is theoretically created when a bank issues a loan. The interest to be paid on the loan is not created. Therefore there is always far more debt in the system than 'money' in circulation to pay it back.This means that the system can only continue by issuing ever more credit to pay back old loans with new loans as Peter pays Paul. All the Rothschilds have to do is engineer a reduction in the supply of credit - a 'credit crunch' - for the system to collapse in a tidal wave of unpayable debt.This is what has been happening big-time since 2008 and the system cannot survive without a continuous supply of credit as we saw clearly in America when the debt ceiling was reached and the only 'no alternative' response was to borrow more 'money' (credit).But the chickens are heading for home once again with bank values plummeting around the world. Bank of America has lost more 40 per cent of its value in recent months because what the bank claims to be worth is far more than it appears to be legitimately worth. Tens of thousands of bank workers are losing their jobs in Europe and North America as banks cut costs.Peter paying Paul can also become Peter owing Paul because Pete has no dosh. Banks with exposure in struggling European countries and banks are being potentially fatally exposed and when America eventually defaults as it is destined to and, from the Rothschilds' point of view, intended to, the house of cards will do a more than passable impression of Building Seven.As I have been saying since September 2008, the planned sequence is: (a) crash the world economy; (b) empty government coffers and credit streams by bailing out the banking system to the tune of multi-trillions; (c) crash the economy again with governments impotent to do anything.Then the Rothschild cartel and their gofers in government agree that the 'only alternative' to solve the problem is to restructure the entire banking and financial system based on a world central bank with authority over all global finance.The crash is coming and on one level we should welcome that because the present system is a prison cell for seven billion people. The question is what do we do when it happens? Do we follow the Problem-Reaction-Solution scenario that the Rothschilds will seek to implement?Or do we look to Iceland for inspiration? I think so.************************David Icke - The Hassle-Free ZoneClick here to watch ... VIDEODavid Icke - The Herd MentalityClick here to watch h ... VIDEO

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