The Prime Minister of Iceland was, like a sunken ship, scuttled through Panamaleaks because, for the Western financial system, he was far more dangerous than even Russia’s Putin. Yes, I hear you, however, as the late Italian premier Giulio Andreotti, used to say, ‘If you think evil, it is a sin, but you may often be right’.

By Leopoldo Salmaso, Pressenza Italy

A previous article, translated from the English original by Craig Murray, explains why Panamaleaks stinks from a mile away. In short: the files were stolen by an unknown mole; the files are filtered by a self-styled “International Consortium of Investigative Journalists” which is financed by large US private foundations; that filtered material is further filtered, and circulated in small doses, by large multinational media like The Guardian (that smashed its copies of the Snowden files on the instruction of British military intelligence); the first coverage of Panamaleaks is targeting Russia, North Korea, Syria and Zimbabwe, while 99% of the loot belongs to Western subjects…

At first glance Iceland, as well as the late father of British Prime Minister Cameron, may look like a “balancing  sweetener” to give the impression that they also search for western subjects. But meanwhile the first head to fall is precisely f Iceland’s premier. Is it by chance?

For the banking and financial system of the entire West Icelandic Prime Minister Davíð Sigmundur Gunnlaugsson

was extremely dangerous for many reasons, including:

He came to power on the wave of popular protest about the banking crisis, he put in jail the top Icelandic bankers involved, and sent to hell the creditor banks, the IMF, and all the jackals who thrive at their court;

– Iceland had a rapid economic recovery, and Gunnlaugsson repeatedly declared that Iceland would never succeed if it had embraced the euro, on the contrary it would have gone the way of Greece;

– Gunnlaugsson commissioned a study to the Parliament for a radical monetary reform. The report was released a year ago, drawing on an extensive literature dating from the 1920s, with contributions from top economists like Friedman, Tobin, Kay and Kotlikoff. The report also declares itself to be largely based on proposals by Positive Money UK and Huber & Robertson.

In recent months, the Parliamentary Commission received comments from anyone in the world wanting to send them, and now the proposal is in the pipeline for parliamentary debate.

Additional note: the alternative to the resignation of Prime Minister Gunnlaugsson were new elections, i.e. dismissing the present Parliament.

LEOPOLDO SALMASO:  Scholar of the economic, financial and monetary relations between North and South. He worked with rural people of Tanzania for over thirty years. Author of “AIDS: Sindrme da Indifferenza Acquisita” and “Il Golpe Latino: Europe saved from the crisis by mistake“, available on (also in English and Spanish). Facilitator of the radio broadcaster “Debt and Democracy”. Co-editor of the manifesto “Money is Common Good”, available in several languages on