Sunday, March 7, 2010

Iceland rejects bank extortion in referendum

The NYT's headlines says they 'appear' to reject repayment (blackmail) plan

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.

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.

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.

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.“


  1. I read in the comments over at CBC an interesting take.

    Canada, could bail out Iceland and allow her to be our 11th province. Since we already allow Quebec her 'distinct' society, allowing Iceland to keep her own culture wouldn't be much different.

    So, Iceland in Canada? Not such a stretch me thinks.

    Food for thought anyway. Good on the people of Iceland to just say NO, now we'll see if the bloody government there has any kahonnees to actually listen.

  2. Christ I thought they were already here as I'm surrounded by the buggers, all Swens and Ollies.

  3. Maybe now Canada can help bomb Iceland at the Zionist's behest, under the guise of defending northern soveriengty or some such twaddle.

  4. At least it's pretty clear to the masses in Iceland now that gov'ts are not beholden to the people, but to the bank power structure.

    I wonder sometimes what sort of event would it take for simple, average Canadians to get that? Knowing that we are far more trusting, much less independent in general, and far less free thinking.

    We will be abused to a far greater degree in the near future, IMHO.

  5. hey maggie, silv, anarchore and slozo!!!

    Iceland in Canada interesting?

    swens and ollies?
    are you talking about birds? :)

    Canada help to bomb Iceland?


    I am thinking that there is going to be some sort of retaliatory action against the people of iceland.
    Naval blockades?
    (making it difficult to get their fishing boats out, or cutting off supplies to the island, cutting off fuel, etc.,)

    Which will only encourage Russia to step up to the plate...
    The IMF is threatening to cut off funds, which, I think they are better of without.

    How will Greece read into this?
    Will they the people) be emboldened?
    What signal does this send to the banksters?

    slozo, god, I hope you are wrong, and sadly, sadly, I don't think you are.

    I guess in the end, it will take, what it takes for the people to get it.

  6. This is great news. I hope for Iceland's sake that they don't join Canada.