Voters expressed their outrage on Saturday against bankers, the government and what they saw as foreign bullying, overwhelmingly rejecting a plan to pay $5.3 billion to Britain and the Netherlands to reimburse customers of a failed Icelandic bank. With about 30 percent of the votes counted, roughly 93 percent of voters said no to the plan.
In this article
REYKJAVIK, Iceland - Icelandic voters resoundingly rejected a $5.3 billion plan yesterday to pay off Britain and the Netherlands for debts incurred by the collapse of an Icelandic Internet bank, according to initial results.Just had to make note of the different language useage. Big difference between appear to reject and resoundingly reject, wouldn't you say. There are some additional interesting claims made in the NYT's article.
Results from around 74,150 ballots in a country of about 320,000 showed that 93 percent of voters said no in the referendum, compared with 1.6 percent who said yes.
Anyway, back to Iceland.
Iceland celebrates this rejection- They don't want to pay for a system that is NOT working. No to debt slavery!
The government of Iceland seems set to push forward with their own agenda, or with a bankers agenda, despite what the people say.
"Mr Skarphethinsson said the referendum result would not weaken the Icelandic government's hand in negotiating a new repayment deal with the two countries."
And, what does Britian say about all this? There going to extract a deal by hook or crook?
"The U.K. remains committed to reaching a final agreement with Iceland in due course. The result of the referendum is a matter for Iceland," a Treasury spokesman said."
Most importantly the view from Iceland
Analysis: What are Icelandic Voters Trying to Tell the World on Icesave?
However, the mood at the coffee tables around Iceland was that the old colonial powers of Holland and Great Britain were trying to bully Iceland in to an unfair agreement.
Many people were furious at the Prime Minister for downplaying the significance of the election. “How can she say this? She should be the guardian of the country, not a representative for our enemies.”
The Icelandic public see all of this as an attempt by the international community to kick the nation when it is already on its knees because of the economic disasters.
Icesave: What do the commentators say?
[Prime Minister Jóhanna Sigurdardóttir and Finance Minister Steingrímur Sigfússon] both spoke as if nothing had happened to the government.
Neither went to vote, even though they were always saying that this or the other thing should be put to a national vote. Now they minimize the importance of the referendum. They act as if the result changes nothing for the government.
Jóhanna Sigurdardóttir does not accept political facts, because she refuses to face them. She is also incapable of logically explaining the position that she and the government are in after the results are clear. She continues to work against the best interest of the nation.“