CURMUDGEON Karl Denninger delights in the torch lighting and wholesale insurrection now going on in Iceland, as its people and president JUST SAY NO! to bailing out the banks at taxpayers expense. He describes the situation thusly:A land where a handful of banksters robbed the nation and looted its Treasury, then demanded that the public accept paying for the consequences.
The people have risen and declared that these are the acts of a criminal gang. That the actions that led to this distress were not mistakes, they were instead unindicted and unpunished felonies. That the people were unwilling and unknowing dupes, not willing participants with equal culpability.
And finally, that they will not pay so the criminal cabal - the international bankster fraternity - will be protected and made whole.
Iceland's President has said "no":
“The cornerstone of Iceland’s constitution is that the nation is the highest judge for the validity of law,” Grimsson told reporters at his residence outside the capital Reykjavik today.
Grimsson vetoed the so-called Icesave accord after more than 60,000 of Iceland’s 320,000 inhabitants signed a petition urging him to reject the legislation. His decision means lawmakers must either drop the bill or put the matter to a referendum.
Does anyone know what the laws are governing immigration - to Iceland?
Denninger goes on to say he's only half-joking, but one can never be too sure.
Olafur Grimsson, president of Iceland, said legislation to bailout banks, which narrowly passed parliament last week, should be put to a national referendum, amid overwhelming public opposition to the bill.
President Grimsson, I'd like to introduce you to President Obama.
I wonder when the U.S. Teaparty movement (or is it Tea Party?) will follow suit? It's only a matter of time....and when it starts, Heaven only knows where it ends. Us all fleeing to Iceland with Carl?
This made my day!
ReplyDeleteHi, Stacie!
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