Iceland Declares Independence from International Banks

[Mogi67]

http://netrightdaily.com/2011/04/iceland-declares-independence-from-international-banks/

On April 9, the fiercely independent people of island-nation defeated a referendum that would have bailed out the UK and the Netherlands who had covered the deposits of British and Dutch investors who had lost funds in Icesave bank in 2008.

At the time of the bank’s failure, Iceland refused to cover the losses. But the UK and Netherlands nonetheless have demanded that Iceland repay them for the “loan” as a condition for admission into the European Union.

In response, the Icelandic people have told Europe to go pound sand. The final vote was 103,207 to 69,462, or 58.9 percent to 39.7 percent. “Taxpayers should not be responsible for paying the debts of a private institution,” said Sigriur Andersen, a spokeswoman for the Advice group that opposed the bailout.

Bravo iceland. Tell those greedy ****ers off

 

[Warped]

interesting, i wonder what the IMF will say about this

 

[Maestro]

http://netrightdaily.com/2011/04/iceland-declares-independence-from-international-banks/

Bravo iceland. Tell those greedy ****ers off

Go pound sand, I always thought that was a southerner's expression.

 

[Qonfused]

Just another reason why Iceland is the best country on this planet.

 

[BabyHeadCrab]

all five people that the population of iceland consists of may now rejoice in their newfound financially independent bliss

 

[Mr Stabby]

Although the bank already got bailed out, by Britain and the Netherlands. So the banks still win, British and Dutch tax payers get ****ed even harder.