Iceland, why so quiet ?

Bruv · Post by **Bruv** » Sat May 19, 2012 9:06 am

Two interesting articles, one asks why it has gone off the news radar.

Maybe this should be in the Conspiracy Forum.

It seems that they are not all eating iced fish and burning seaweed to keep warm in candle lit homes...........but doing rather well.

Why Iceland should be in the News.....but is not.

Iceland emerges as an Island of recovery

Post by **Oscar Namechange** » Sat May 19, 2012 9:11 am

Bruv;1393988 wrote: Two interesting articles, one asks why it has gone off the news radar.

Maybe this should be in the Conspiracy Forum.

It seems that they are not all eating iced fish and burning seaweed to keep warm in candle lit homes...........but doing rather well.

Why Iceland should be in the News.....but is not.

Iceland emerges as an Island of recovery They have been quiet haven't they?

Especially considering his lushiness Gordon Brown bankrupted them under the terrorism act...

Have they paid back all the British Investors Investments I wonder ?

gmc · Post by **gmc** » Sat May 19, 2012 11:44 am

oscar;1393990 wrote: They have been quiet haven't they?

Especially considering his lushiness Gordon Brown bankrupted them under the terrorism act...

Have they paid back all the British Investors Investments I wonder ?

Did you not read the article? They told the IMF and everybody else to piss off and refused to play their game. The bedt was on the banks not the nation as a whole. Their former president is on trial and arrest warrants out for the bankers. Greece and italy should do the same - that national assets be sold off to pay a debt incurred by private individuals is robbery pre and simple. Greece's creditors are private individuals and private investment funds - why ordinary people should be expected to pay someone else's debt is not a question the banks want raised. I think it will take riots in spain greece and italy and probably here as well to make governments sit up and take notice.

Post by **Oscar Namechange** » Sat May 19, 2012 11:50 am

gmc;1394001 wrote: Did you not read the article? They told the IMF and everybody else to piss off and refused to play their game. The bedt was on the banks not the nation as a whole. Their former president is on trial and arrest warrants out for the bankers. Greece and italy should do the same - that national assets be sold off to pay a debt incurred by private individuals is robbery pre and simple. Greece's creditors are private individuals and private investment funds - why ordinary people should be expected to pay someone else's debt is not a question the banks want raised. I think it will take riots in spain greece and italy and probably here as well to make governments sit up and take notice.

No Sorry, I was pushed for time when I saw this thread and didn't read the links.

Post by **LarsMac** » Sat May 19, 2012 12:42 pm

The Mouse that Growled.

Clodhopper · Post by **Clodhopper** » Sun May 20, 2012 3:15 am

Interesting articles. Thank you.

I wonder what happens if Greece follows suit: Will this model work on a bigger scale? I particularly liked the bit about criminalising the buggers who did it, too.

chuckle. Somehow, I've got a feeling Vince Cable is well aware of what's going on in Iceland.

Post by **Oscar Namechange** » Sun May 20, 2012 10:53 am

Clodhopper;1394036 wrote: Interesting articles. Thank you.

I wonder what happens if Greece follows suit: Will this model work on a bigger scale? I particularly liked the bit about criminalising the buggers who did it, too.

chuckle. Somehow, I've got a feeling Vince Cable is well aware of what's going on in Iceland. The entire country has a feeling that Vince Cable Is a nob.

Clodhopper · Post by **Clodhopper** » Sun May 20, 2012 4:11 pm

I just wish we had him as Chancellor of the Exchequer.

gmc · Post by **gmc** » Mon May 21, 2012 3:13 am

Clodhopper;1394098 wrote: I just wish we had him as Chancellor of the Exchequer.

I wish he had had the integrity not to sell out so he could get political power. Had he stuck to his principle he might have been the next leader of the liberal democrats as it is they are just going to fizzle out of existence.

Post by **Oscar Namechange** » Mon May 21, 2012 3:49 am

gmc;1394111 wrote: I wish he had had the integrity not to sell out so he could get political power. Had he stuck to his principle he might have been the next leader of the liberal democrats as it is they are just going to fizzle out of existence.

Clegg's finished and so Is Cable as soon as the next General election..... The Lib Dems are finished....

Maybe Clod should research the recent local election results across the country..... The Lib Dems trailed In behind the BNP In some cities. :yh_rotfl

Clodhopper · Post by **Clodhopper** » Mon May 21, 2012 11:00 am

I wish he had had the integrity not to sell out so he could get political power. Had he stuck to his principle he might have been the next leader of the liberal democrats as it is they are just going to fizzle out of existence.

I do not see the formation of a coalition when Parliament is hung as a sell out. In the circumstances, I think the Lib Dems did the right thing, even though it looks likely to wipe us out at the next election. If that's the price, that's the price.

gmc · Post by **gmc** » Tue May 22, 2012 2:08 am

Clodhopper;1394139 wrote: I do not see the formation of a coalition when Parliament is hung as a sell out. In the circumstances, I think the Lib Dems did the right thing, even though it looks likely to wipe us out at the next election. If that's the price, that's the price.

I thought they did at the time as well but what has happened since has changed my mind. The sense of relief when thatcher went was almost palpable new labour turned out to be even worse now the coalition are continuing on the same vein. I like what's happening in greece though, the people are speaking and the politicians are beginning to grasp they need to listen - well I'd like to think that is the case. If spain and italy chuck out the establishments things could get quite interesting.

Saint_ · Post by **Saint_** » Tue May 22, 2012 6:56 am

gmc;1394001 wrote: Did you not read the article? They told the IMF and everybody else to piss off and refused to play their game. The bedt was on the banks not the nation as a whole. Their former president is on trial and arrest warrants out for the bankers. Greece and italy should do the same - that national assets be sold off to pay a debt incurred by private individuals is robbery pre and simple. Greece's creditors are private individuals and private investment funds - why ordinary people should be expected to pay someone else's debt is not a question the banks want raised. I think it will take riots in spain greece and italy and probably here as well to make governments sit up and take notice.

I agree wholeheartedly. I saw the great documentary, "Inside Job," where they describe what happened to the U.S. and the world as happening to Iceland first. I wondered how they'd make out. I'm for taking all profits back from anyone who worked for a corrupt company or bank. Closing the bank outright, and selling all the banks assets.

Eat the rich!

Bruv · Post by **Bruv** » Tue May 22, 2012 10:02 am

Would the Iceland example. which is a very small country, work on a larger scale though ?

Clodhopper · Post by **Clodhopper** » Tue May 22, 2012 3:07 pm

Would the Iceland example. which is a very small country, work on a larger scale though ?

I don't think anyone knows. Frankly, I'm watching Greece. Our recovery is affected by European chaos anyway, but as far as I can see Greece is on the edge of starvation. They are the poor bastards who take the immediate consequences and we'll see. I'm not smug, either. Although my friends are getting out of debt as fast as they can, British personal indebtedness is not going down according to the figures. That's a timebomb in itself.

We are in rough waters. Hold on tight.

gmc · Post by **gmc** » Thu May 24, 2012 3:01 am

Clodhopper;1394182 wrote: I don't think anyone knows. Frankly, I'm watching Greece. Our recovery is affected by European chaos anyway, but as far as I can see Greece is on the edge of starvation. They are the poor bastards who take the immediate consequences and we'll see. I'm not smug, either. Although my friends are getting out of debt as fast as they can, British personal indebtedness is not going down according to the figures. That's a timebomb in itself.

We are in rough waters. Hold on tight.

That's difficult to do when you have lost your job. Banking used to be a safe job for life and there are many who worked in a bank from the time they left school - and then they took away the career ladder and centralised everything which is one of the reasons personal lending got to the point it did. I know two or three families where both working parents have been made redundant. Think about it if you have only worked in a bank what else can you actually do? there is a finite number of people required in supermarkets and little industry for the service sector to actually service any more. That you can have a purely service economy has got to be one of the silliest economic theories ever. I see now we are going to have to subsidise the power companies in order to get them to built more power stations. Some things are too important to be left to private industry, how is giving subsidies to French power companies a good idea we should never have privatised them. Had it been left to private industry we would never have had the electricity infrastructure we have or the telecommunications and TV coverage. I still despise thatcher and just about everything she did.

Saint_ · Post by **Saint_** » Thu May 24, 2012 6:52 am

gmc;1394237 wrote: I still despise thatcher and just about everything she did.

OOoookaayyy....I'm guessing you didn't like the movie, "The Iron lady," then did you?

gmc · Post by **gmc** » Thu May 24, 2012 8:57 am

Saint_;1394244 wrote: OOoookaayyy....I'm guessing you didn't like the movie, "The Iron lady," then did you?

Haven't been to see it and don't intend ever to watch it. She may have a story worth telling but I want to throw thimgs at the telly every time some numpty sings her praises.