Monday, Nov 17, 2008
Gordon did for Iceland
WSJ: Iceland Abandoned
Superb article outlining how that cretin in charge is also an a-hole.
Posted by frizzers @ 10:22 PM (819 views) Add Comment
14 Comments
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1. Dr Ray said...
What this article illustrates is that Brown is willing to pervert the law as he pleases. The antiterrorism law he used against Iceland could just as easily apply to an individual in the UK who refuses to vote Labour or to a rival political organisation.
2. gardeniadotnet said...
Great find frizzers, I enjoyed that.
3. Affordablehousing said...
The author of the article being a Mr. Gissurarson a board member of Iceland's central bank and a professor of political philosophy at the University of Iceland.
It wouldn't have been the board members of Icelands Central banks fault then would it.
Whatever the case, 'fizzers' is right in saying brown is a cretin and an a-hole.
All liebour are, especially their voters.
4. Jayk said...
I thought we didn't like 'VIs' here?
"[The writer] is a board member of Iceland's central bank and a professor of political philosophy at the University of Iceland."
5. montesquieu said...
The writer is an Icelandic economist well-invested in the country's political elite, about as up to his eyballs in it as vested interests get.
I'm no great fan of Zanu-Lab, but this article's line of 'it was all perfect until broon pulled the plug' smacks of exteme blame shifting/revisionist history for a domestic audience. Iceland was in deep trouble and was going down, whatever this guy claims.
We may not like the present government but let's keep our critical faculties intact, please,
6. drewster said...
I agree with montesquieu. Yes it's true that Brown's actions didn't much help Iceland, but fundamentally Iceland was hoisted by its own petard.
It's like blaming the social workers for Baby P's death, when actually it was the abusive family who were to blame. (Flame wars start here...)
7. planning4acrash said...
The problem with baby B, is that you are seeing propaganda for further cps powers. They are very effective getting babies from the middle classes, but, working class babies are worth less to foster parents, so aren't gone after. Yes folks, cps workers get paid for performance, so, they simply don't go after the bad babies, but, middle class, blond hair, give them alcoholic lemonade by mistake, and your child is gone.
This is from America, but, it happens here too. The government does not serve us, government workers just work towards central planning targets that always evoke the law of unintended consequences and very rarely meet the needs of the people.
8. gardeniadotnet said...
2. montesquieu said... let's keep our critical faculties intact, please...
I think you'll find they are.
9. gardeniadotnet said...
@p4ac... The government does not serve us, government workers just work towards central planning targets that always evoke the law of unintended consequences and very rarely meet the needs of the people.
Great stuff!
Should be inscribed on the lintel of every town hall in the country.
Does it translate well into Latin?
10. Dazednconfused said...
The most important part of this story is the use of anti-terror legislation against the Icelandic banks.
Human rights organisations are always telling us of the dangers of many aspects of anti-terror legislation, but the government assures us that the spirit of the law will be upheld. They have blatantly proved that this is not the case. Does anyone seriously still think that the "spirit" of legislation means a thing to lawyers, judges and governments??
There should be outrage, but nothing is said.
11. Orcusmaximus said...
I agree with montesquieu.
Also, the article author failed to mention that the Iceland PM stated that the Investors' Guarantee Fund would give priority to Icelandic investors and stuff foreigners. If he had stated that ALL investors would have been treated equitably, then Brown probably wouldn't have acted the way he did.
12. Fjcruiser said...
Icelandic banks have been leveraged for quite sometimes and started courting UK savers about 3 years ago in 2005. It is not a sudden occurence as GB and all politicians would like us to believe. GB was so happy to see the Baugur and the likes buying into badly managed retail companies like Wollies, Debenhams and Somerfield, no questions were asked about how on earth could a small country who prime business was fishing, be able to afford to invest massively in the UK.Nobody asked were the money came from. Iceland had hit the jackpot suddendly!
13. Crashwatcher said...
Who does serve us? Oh of course silly me its private business - let's keep our critical faculties intact, please
14. montesquieu said...
It's icelandic government propaganda that it was anti-terror legislation that was used, this canard was thoroughly discredited at the time and its to the WSJ's shame that they repeated it here.