No Solution on Iceland-Britain Banking Dispute

james10999

StarRover wrote: »

Me neither CWCW, I have been appalled at the attitude of the Icelandic Government and to some degree the attitude of Icelandic people generally. This was not the act of a civilised European country. I'm old enough to remember the cod wars which was an earlier example of Iceland doing their own thing in contravention of international law and then crying "poor little Iceland" when Britain despatched the Navy.

Comments like this make me ashamed to be British.

The whole country is bankcrupt!! Have some sympathy!
I have ALL my savings in ICESAVE and am happy for the news that we will all get our money back. Why do you need to start critising the Icelandic people when they will struggle to afford basic items such as food, water, medicane etc.....

Shame on you :mad:

StarRover

james10999 wrote: »

Comments like this make me ashamed to be British.

The whole country is bankcrupt!! Have some sympathy!
I have ALL my savings in ICESAVE and am happy for the news that we will all get our money back. Why do you need to start critising the Icelandic people when they will struggle to afford basic items such as food, water, medicane etc.....

Shame on you :mad:

You're confusing me with someone who gives a s**t!

EalingSaver

StarRover wrote: »

You're confusing me with someone who gives a s**t!

Well clearly, otherwise wouldn't have wasted time making a response.

JayTee99_2

james10999 wrote: »

Comments like this make me ashamed to be British.

The whole country is bankcrupt!! Have some sympathy!
Why do you need to start critising the Icelandic people when they will struggle to afford basic items such as food, water, medicane etc.....
Shame on you :mad:

Jeez, calm down, beware, there are people on here who recommend anger management classes

Methinks you bin listening to too much spin on them thar Icelandic websites

it's just a pity, genuinely, that you don't show similar emotion for the needy in this country with their funds tied up in Iceland!
i'm talking about the hospice, charities et al
some of those may well be in danger of going bankrupt if there isn't a solution shortly.

i just don't see reciprocal concern for those organisations from the Icelandic people. (but then again i don't read those websites, just going by the other media)

if Iceland refuse to agree on a deal then i guess Alastair Darling may have no choice but to liquidate the assets here in UK
makes no sense for all that burden to fall on taxpayers.

meanmachine_2

james10999 wrote: »

Comments like this make me ashamed to be British.

The whole country is bankcrupt!! Have some sympathy!
I have ALL my savings in ICESAVE and am happy for the news that we will all get our money back. Why do you need to start critising the Icelandic people when they will struggle to afford basic items such as food, water, medicane etc.....

Shame on you :mad:

Oh give over. They've just been bunged a load of cash - no strings attached - by the IMF. There's only 300,000 of them and they're being bailed out to the tune of 6bn.

Sounds like a jacuzzi of cash to me.

Diddums.

Maybe your sympathy should be directed to the starving babies of Zimbabwe.

StarRover

JayTee99 wrote: »

i just don't see reciprocal concern for those organisations from the Icelandic people. (but then again i don't read those websites, just going by the other media)

I've kept an eye on some Icelandic websites since I was "mugged" and the only concern I've encountered is what they have for themselves. They would have you believe that the problems have been caused by rapacious British savers and compounded by the fascist British government. It's like, "Please Miss it wasn't us, some big boys did it and ran away".

edwinac_2

This crisis has Made in England stamped all over it. This is an operation to bolster London's hegemonic role in international finance. This is about crashing the banking systems of rival economic centers. In the case of Iceland, this plot, cooked up in London, has been successful. The Atlantic island teeters on the brink of an unprecedented sovereign default. To add insult to injury the fascist banksters from London have arrived like voyeurs at the scene of their crime, just as they did at Versailles in 1919. Back then they conjured up the "war guilt" clause of the Versailles Treaty. This was the pretext for bankrupting the German people, saddling them with billions of marks of unpayable usurious loans.

Plus ca change...

Iceland Given Versailles Treatment

October 24, 2008 (LPAC)--Icelanders feel they are being given the same treatment as Germany was given at Versailles after World War I despite the fact that they never launched a war. It is reported that the IMF refuses to consider any loan to Iceland until it settles with Great Britain. The latter is demanding that Iceland take a 3 billion pound loan in order to pay off British depositors.

Icelandic parliamentarian Petur Bloendal said it is unlikely the parliament would approve the British loan, that the demands by the British and Dutch "amounted to the equivalent for every Icelander of three or four times the reparations that were imposed on Germany after World War I," according to the Financial Times.

The Icelandic Central Bank Governor David Oddson, revealed in the FT that they had held talks over the summer with the Fed, the Bank of England and the ECB and the Icelandic banks themselves over what they saw as a major banking crisis about to break, but no one responded.

The Anglo-Dutch financial oligarchy expects every Icelander, men, women and children to be responsible for the losses of their private banks.

In response to the British claim of "legal right", Iceland's Prime Minister Geir Haarde told the Icelandic Parliament that "Icelandic authorities do not intend to agree to obligations other than those for which they are required to honor according to law. We do not agree to the legal interpretation that Britain has submitted."

Foreign Minister Gisladottir added, "We are not prepared to bind the nation to this burden that Britain is referring to because we believe it would be beyond our means."

Today, the deposit-holders at the Icelandic banks are worthless pawns of the Anglo-Dutch imperial slime mold that runs the City of London from the shadows.

CHR15

edwinac wrote: »

This crisis has Made in England stamped all over it.

Thats right, We ploughed millions of OUR SAVINGS into Iceland, and they STOLE it from us.

We all know it is not the fault of the average Icelander, it's the fault of their leader, but the people don't seem to be in a rush to make him accountable for bringing their economy to it's knees for the next 50 years.

Count_Dante

Every man, woman and child (and indeed unborn generations) has to pay for the debts run up by previous governments. Today, about 5% of the UK government budget is spent on interest on the national debt. Much of the borrowing was no doubt wasted on magic beans.

It is unfortunate indeed that Iceland apparently ignores the genuine financial obligations it has. If it did not want the risk that generations of Icelanders would have to pay to service it's debts, then it should have managed it's economy better.

JayTee99_2

edwinac, your post is a little tongue in cheek, surely?
(i just didn't see any smileys )

If someone owed you a loan, they defaulted, wrote off those debts, then went out and found themselves another loan, eventually started re-lending again, would you be happy with that?

Iceland seems to be the master of buck passing, always blaming someone else for their problems.
They really need to face up to reality and deal with the debts in an honourable, grown-up way, and stop stalling, stop blaming everyone and everything under the sun apart from their own govt.

This present situation is far from over for lots of charities and organisations, if a deal cannot be struck, then i guess as a last resort Alastair Darling will have no choice but to liquidate assets here in UK. Though controversial, it has to be the best outcome for taxpayers if push comes to shove!

But i do hope people will remember how they were treated by Iceland (or rather ignored), and when Iceland starts pushing the next 'super-extra-hi-interest' savings account, as no doubt they will, people will decline any such offers and not recommend them