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News Alerts

RV/INTELLIGENCE ALERT - December 17, 2017


13 Galactic advisers are currently in D.C. overseeing the RV release.


Most of Congress have now been informed about the transition since the Galactic's arrived. See them act "differently" in upcoming media interviews this week.


Several members of Congress will resign due to sexual harassment/assault charges. Those who refuse will be indicted.


The USN is currently backing the USD digitally, it is just not officially announced yet.


The announcement of the USN will come after the RV (possibly on the 20th-23rd).


In-country exchanges will be made in USN.


Exchanges abroad will be in gold-backed Yuan or the country's local currency (if already asset/gold-backed digitally similar to the USD/USN scenario).


If this intel serves correct, the RV could begin any time this week before the USN is announced.


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FOR MORE INFORMATION ABOUT THE RV/GCR VISIT:


http://www.dinarchronicles.com/intel.html


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Featured Post

Restored Republic via a GCR as of Dec. 18, 2017

Restored Republic via a GCR Update as of Dec. 18 2017 Compiled 12:01 am EDT 18 Dec. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Sunday, October 16, 2016

Iceland, Where Bad Bankers Go to Jail, Finds Nine Guilty in Historic Case



By Nadia Prupis via Common Dreams

Since its 2008 crisis, Iceland has received recognition for its strategy of prosecuting executives, letting banks go bust, and focusing on social welfare

Iceland, which became a gold standard for corporate accountability in the wake of its 2008-2011 financial crisis, has found nine bankers guilty for market manipulation in one of the biggest cases of its kind in the country's history.

The verdict from Iceland's Supreme Court, issued Thursday, overturns a June 2015 decision by the Reykjavik District Court, which found seven of the nine defendants guilty and acquitted two.

No punishment has been handed down yet, although sentencing is set to come. The defendants worked at the major international firm Kaupthing Bank until it was taken over by the Icelandic government during the crash. The bank's former director Hreiðar Már Sigurðsson, who had been sentenced to five and a half years in 2013 in a separate Kaupthing case, had his punishment extended by six months in response to the verdict.

The acquittals were overturned for former Kaupthing credit representative Björk Þórarinsdóttir and former Kaupthing Luxembourg CEO Magnús Guðmundsson, although no penalties have been meted out for them.

According to the Iceland Monitor, the decision found that "[b]y fully financing share purchases with no other surety than the shares themselves, the bankers were accused of giving a false and misleading impression of demand for Kaupthing shares by means of deception and pretense."

Since the financial crisis, Iceland has received widespread recognition for its strategy of prosecuting bankers, imposing strict market controls, and allowing the international banks to go bust while the government supported domestic accounts and focused on social welfare—a far cry from the U.S. approach of bailing out its banks with taxpayer money and allowing their executives to escape punishment.

In 2015, the International Monetary Fund (IMF) announced that Iceland had achieved economic recovery, with employment rates that rivaled countries like the U.S., without compromising its free healthcare and education systems.

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