Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
In reply to the discussion: Why have we heard nothing about this incredibly important development in Iceland? News black-out?!? [View all]jtuck004
(15,882 posts)27. There are perhaps 300 books, 25-50 movies, hundreds of thousands of pages of
documentation and evidence, along with Dr Bill Black, who worked in the push to jail and resolve the crooked and greedy people who brought us the S&L crisis who documents more theft, fraud, cheating and lying by our banks than any country ever has in history, in collusion with our government which so far has refused to put anywhere near the equivalent of investigators and police on the job to hold the current miscreants accountable. They are the single biggest reason we have tens of millions out of work, 12 million homes underwater, 6 million in some stage of foreclosure, and a real possibility that we will see neither a recovery in housing or full employment until at least mid 2020, or longer, and a demographic that is going to take our population from 1 in 10 scenarios to 1 in 5 in just over another 20 years.
Sharecroppers are always better at making excuses for people who they see as better than they are. It's what keeps them sharecroppers. The people of Iceland labor under no such delusion, and they are free of those bonds today. If the People in the US decided we were going to use the government for our own benefit instead of that of the wealthy we could provide a way forward, investing in ourselves and our country going forward.
That whole "It's too big, it was just business, it's too complicated, oh, my look at the fallout" is the same line of shit the banks have been using to excuse their own behavior. Just like any criminal caught at their bad acts.
Frankly it seems more and more clear that those who might lose the most are grasping creatures like Mi$$ Rmoney. Fuck him and his kind.
Worthless bastards all of them.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
87 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Why have we heard nothing about this incredibly important development in Iceland? News black-out?!? [View all]
Cal33
May 2012
OP
Because Iceland refused to bail out and reward the economic criminals. Europe and the US
sabrina 1
May 2012
#6
Sure am glad there are people like you who keep themselves well-informed about what's going on
Cal33
May 2012
#20
No news black-out -- the Iceland response to the economic crisis has been covered. For example:
pnwmom
May 2012
#8
Thanks for the info. Yet, on the whole, few Americans seem to be aware of the enormity of what had
Cal33
May 2012
#16
The path we have taken has not worked too well for millions of Americans though.
sabrina 1
May 2012
#23
You are right. I do read foreign news -- but only once in a while. It's not often enough.
Cal33
May 2012
#17
Clinton passes Commodities Modernization Act on the lobbying of Larry Summers. Later
jtuck004
May 2012
#77
The stood outside parliment and threw rocks at their elected officials not the banks.
jtuck004
May 2012
#28
Maybe if we had thrown a few rocks our politicians would have been motivated to do their jobs and
leeroysphitz
May 2012
#31
You want to bet the right-wingers are going to up the percentage of their fraudulent votes much
Cal33
May 2012
#78
I have no doubt they will use every trick in the book. They are getting better and better, and
jtuck004
May 2012
#80
I agree with you. I also believe the right-wingers are incapable of thinking in terms of what's
Cal33
May 2012
#81
Gays can't all marry, things aren't great and I see no reason that advancing social progress
leeroysphitz
May 2012
#33
I agree the media has not discussed Iceland enough. The reason is that the lesson of Iceland is
limpyhobbler
May 2012
#36
For things to succeed in this country, it will take a lot of time and much more effort. Did you
Cal33
May 2012
#52
We're actually in a much better position to be the agent of change on a global scale
Egalitarian Thug
May 2012
#59
There are many more examples of democracy which should put the United States to shame
Dack
May 2012
#47
"Icelandic Govt. has initiated an investigation to bring to justice those responsible"?
red dog 1
May 2012
#50
Oh, I do agree with you and say I hope that Iceland can and will happen over here. I believe
Cal33
May 2012
#83
I don't think there's much difference between the Pukes then and the Pukes now...
Peace Patriot
May 2012
#84
Thanks for your well-written and very knowledgeable post. You've got me re-thinking about
Cal33
May 2012
#85
Without violence and bloodshed, how are the media supposed to recognize it as news ?
eppur_se_muova
May 2012
#57
K & R & a huge yes, yes, yes! One can hope, but it surely seems THE way to clean up. nt
mother earth
May 2012
#61