Saturday, March 6, 2010

Iceland Rejects Icesave Bank Payback Plan

SkyNews has the details:
Icelanders have rejected a plan to pay back the British Government for money it lost over the collapse of the Icesave bank in 2008.

Over 93% percent of voters cast ballots opposing the £3.5bn deal to compensate the British and the Dutch state, initial results showed...

The proposed deal would require each person to pay around £90 a month for eight years, and many Icelandic taxpayers say they cannot afford it..

It was unclear how many of the 230,000 registered voters cast a ballot, but public television reported a turnout rate of around 55% an hour before polls closed.
Unfortunately, for Icelanders, this is not the end of the story. The Iceland government, in a desperate attempt to gain approval of the global elite, are busily attempting to negotiate a new plan that will force Icelanders to cough up the bucks to pay to the U.K.

"The government of Iceland is confident that a solution acceptable to all parties can be achieved," it said in a statement.


  1. The people of Iceland can vote once again -- with their feet. A small part of the population -- young, active and not yet pinned down -- say, 10% of the population, could easily move to other Scandinavian countries. Who would want to be enslaved for life in their 20s and 30s, if the total solution is a few hours flight away?

  2. Why should the citizens leave? Its time for the "leaders" to be run out of town on a rail.

  3. Only small countries like Iceland, Switzerland have the "gonads" to tell the "international community?"
    Do go & screw themselves!
    All is not lost for the enslaved "free" people in "free democracies".