follow Iceland's path to recovery... but we're too addicted to monetary hegemony.

be our counter to ALEC legislation?

I'd have to study up on a lot of points but from what I am seen in the past decade, Iceland has not been reinfected with the likes of the wallstreeters. We need that and are way overdue.

we have these kind of banks in the USA?

The Federal Reserve is the US Central Bank

Nationalize the Federal Reserve
Brandon Turbeville
The Progressive Gazette
December 4, 2013

The United States today finds itself in the midst of a crisis which exists on a multitude of different levels. From the establishment of a culture of constant warfare, increasing environmental degradation, and the devolution into an outright police state, the perils of the current system are easily visible to those with eyes to see.

Nowhere, however, is the crisis more visible than in the manifestations of the world economic depression.

From mass unemployment (estimated at approximately 25% when all factors are considered) and a growing national debt to a ballooning trade deficit and the loss of purchasing power of the dollar as well as decrepit and crumbling national infrastructure, the United States today faces a crisis of epic proportions.

Most of the blame for this economic calamity, of course, can be directly traced back to the treachery of private bankers, Wall Street, and the practice of usury combined the acts of the agents of these financiers in the halls of government at some point or other. Ever since the Federal Reserve was solidified as the perceived national bank of the United States, the most powerful nation on the face of the earth and, thus, its people, were placed under the rule and at the mercy of private bankers. The economic health and future of the United States was placed in the hands of the very elitists and financiers from which the American people should have been protected. As a result of the Federal Reserve Act of 1913 and subsequent policy, the power of issuing currency and credit, the ability to cause mass inflation or deflation, and the opportunity to orchestrate booms and busts, productivity and depression, was placed in the hands of private bankers who were granted the authority to act completely independent of the authority of the United States Federal government. Thus, the U.S. Federal government has now been reduced to reacting to the decisions made by the private Federal Reserve instead of the Federal Reserve acting as a truly national central bank and reacting to the decisions made by the Federal government.

Although criticism of the Federal Reserve system has existed since 1913, both the criticism and the level of knowledge surrounding the history and purpose of the institution has increased to such a scale never before witnessed. With an understanding of the unconstitutional abrogation of Congressional authority, the massive amount of control now held by private bankers, and the current economic conditions that have resulted, many informed Americans have rightly become antagonistic toward the Federal Reserve and have adamantly called for changes to be made to the system...MORE

http://www.progressivegazette.com/2013/12/nationalize-federal-reserve.html

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907
http://en.wikipedia.org/wiki/Federal_Reserve_System

Go Iceland

It's fully detailed in the film documentary "Inside Job". Unlike we here, where crazy risk taking has resumed, more insane leveraging, another crash is inevitable.

just like insurance companies, they are unnecessary middlemen who make huge profits by just moving money. Take them out of the equation would make life much better for all of us.

world's economies. Too bad WE didn't do what they did.

Now they are doing it again, being LOGICAL and finding solutions.

I guess we are too regressive a society to even consider ending the current system which has so often destroyed the lives of ordinary working class people.

Mainly because it appears this country is run by Wall St.

So we the people will continue to be handed their gambling bills every time they lose their bets.

And being a real life example.

Say it ain't so!!!