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ExPatLeftist

(1,081 posts)
21. From an expat living in Iceland for 16 years (and an Icelandic citizen) this is mostly inaccurate.
Wed Apr 11, 2012, 11:37 AM
Apr 2012

And much of this has been widely reported globally.

The government resigned and then basically shuffled themselves around to form a new government. (Not too many people wanted that job after this fiasco so mostly the same people ran again and people everywhere are so dumb they voted in many of the same faces/feces).

Voting to refuse to pay back the UK, et al. was just kicking the can down the road - no one here is under false illusions that we will not have to pay this all back at some point.

Incarcerated who?? Sure there's an investigation, but no one is in prison. And it's people investigating their old pals, etc. Not many expect a lot of jail time out of this. And recently some have gone after the old PM but many here are saying "putting him in jail will not change anything" and so are willing to just let bygones be bygones so as not to "create a stir". The ex PM and then central bank manager (Davíð Oddson) is IMO most to blame for all of this along with a handful of business sharks that he enabled, and they are laughing their asses off, free as birds. Note that not only is he laughing his ass off, Davíð Oddson is now the editor of the main newspaper in the country. So PM -> Director of Central Bank -> Head propagandist. I would love to see his head on a pike, but many "right wingers" here (right wing here = left of Dems in US) worships him as a god still. Fact is, my son and his kids will end up paying for these jokers having a decade long hookers and blow party. And people do not seem too concerned with putting them away or getting our money, and the Brits' money, back from the Caymans. Personally, the only justice that I can even hope for at this point is that I see one of a handful of these #$/&% walking down the street, I will punch him in the face and gladly spend a few days in jail.

The banks were nationalized, which helped to some degree, but all still refuse to abolish basic issues that screw the populace, such as "price insurance" on loans (the principal on loans rises with inflation which means effectively that people will never be able to pay off their loans. I have been paying on my loan for a few years now and the principal is higher than when I started, let alone the additional interest), and banks still refuse consolidation loans, meaning you can get screwed with "price insurance" many times over with a few small loans and end up not being able to pay your monthly bills in very quick fashion.

The process of rewriting the constitution has been a joke at best, and I will believe it when I see it.

As far as this not being reported, I watched much of this on CNN and yes even FOX News at the time - and even saw myself in front of a bonfire for a second. I also read about it in many US and UK papers, etc.

As for things being fine in Iceland now as someone said, I would beg to differ. People are really getting hit by this and many have moved to Norway. And as far as the guy that not only falsely claims it was not reported at all but then claims that the reason is that we are a nation of fishermen, well, that's conjecture on top of false information. And BTW I make videogames (including one of the larger MMOs in the Western world), am not a fisherman, and Iceland has a lot of high-tech and world record levels of Internet connectivity, etc... PS I would remind you that any one individual can have great impact on the world, let alone 320.000 individuals.

In general, and I mean this as kindly as possible and with no presumptions, I would personally tend to abstain on commenting authoritatively on countries that I have never visited.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Real Democracy at work. hobbit709 Apr 2012 #1
Yep lovuian Apr 2012 #2
It worked. obxhead Apr 2012 #3
+1 leeroysphitz Apr 2012 #10
Love it. K & R eom TransitJohn Apr 2012 #4
Is there a way to sticky this??? Zalatix Apr 2012 #5
Because it doesn't edhopper Apr 2012 #6
American corpora-politics just isn't evolved like that. HughBeaumont Apr 2012 #7
Also we don't have the rapid change from a parliamentary system. They game between elections. freshwest Apr 2012 #37
the very last thing the corporate controlled news will ever talk about is... Javaman Apr 2012 #8
Your answer is in your title -- because they got it right. And because "right" means that the Nay Apr 2012 #9
I know :o) Pharaoh Apr 2012 #12
"to extricate itself from its rich-people problem" woo me with science Apr 2012 #40
Two reasons: hifiguy Apr 2012 #11
Because Americans might figure it out. mmonk Apr 2012 #13
You really want to know why? Or is this just ideological storytime? mathematic Apr 2012 #14
Your arguments are valid and ultimately point to the fact that democracy BridgeTheGap Apr 2012 #18
"Storytime" - interesting choice of words considering your post's basis in reality... ExPatLeftist Apr 2012 #23
Stockton??? A greater impact??? mojowork_n Apr 2012 #33
But, but, but, Typical NYC Lib Apr 2012 #15
Much as I admire them, they had it easy, being the first saras Apr 2012 #16
Too bad nobody reads the NY Times any more... TreasonousBastard Apr 2012 #17
Greece's actual problem is that traded away its currency sovereignty. girl gone mad Apr 2012 #32
Iceland never joined the Euro. Nye Bevan Apr 2012 #19
Exactly and.. Puzzledtraveller Apr 2012 #20
From an expat living in Iceland for 16 years (and an Icelandic citizen) this is mostly inaccurate. ExPatLeftist Apr 2012 #21
Awesome response, thank you Puzzledtraveller Apr 2012 #24
Thank you very much, Puzzledtraveller. :) n/t ExPatLeftist Apr 2012 #27
thank you so much for your perspective librechik Apr 2012 #28
Thank you :) ExPatLeftist Apr 2012 #29
More on "more cronyism and smoke and mirrors" mojowork_n Apr 2012 #34
Thanks for writing this, this is the very first thing I saw this morning and was Egalitarian Thug Apr 2012 #31
Thanks very much. This is ballyhooed a lot in teabagger and CT circles. freshwest Apr 2012 #38
Thanks for your posts on this topic. Scuba Apr 2012 #44
exactly! the banks everywhere have been ripping off the people for years--why should we pay librechik Apr 2012 #22
Please I beg you do not use Iceland as a role model in this case. ExPatLeftist Apr 2012 #26
This is one case of letting the market sort it out that actually does work. Gregorian Apr 2012 #25
the threat of a good example HiPointDem Apr 2012 #30
Over the last decade or so, many countries in Latin America.... bvar22 Apr 2012 #35
Yes, after much suffering under IMF rules, Argentina defaulted on its debt Lydia Leftcoast Apr 2012 #48
Humbly submit that Iceland has a Population of 320,000 SadPanda Apr 2012 #36
Not many people would ever travel to Iceland? I beg to differ! Lydia Leftcoast Apr 2012 #47
kicked. shcrane71 Apr 2012 #39
DU Rec. nt woo me with science Apr 2012 #41
Amazing! nt Sarah Ibarruri Apr 2012 #42
PLEASE READ POST #21 BEFORE RECCING ExPatLeftist Apr 2012 #43
We have a One Percent Media! Mosaic Apr 2012 #45
I'm arguing with someone that this is a socialist answer Lawlbringer Apr 2012 #46
Why do you think it is socialist? Quantess Apr 2012 #49
Well... Lawlbringer Apr 2012 #52
Letting you know. westerebus May 2012 #53
Excellent. Lawlbringer May 2012 #54
You're welcome. n/t westerebus May 2012 #55
Because they did what every other country should have done, start arresting those responsible sabrina 1 Apr 2012 #50
I wish they had started arresting them.... n/t ExPatLeftist Apr 2012 #51
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