PrisonPlanet Forum

Geo-Politics / World War III => International News => Topic started by: Brocke on March 10, 2010, 05:19:48 am

Title: ICELAND of the FREE
Post by: Brocke on March 10, 2010, 05:19:48 am

All Republic of Iceland and their stand for independence and sovereignty news here.

(http://graphics8.nytimes.com/images/2006/06/18/travel/escapes/18iceland_600.jpg)

Iceland News: http://www.icenews.is/

General Information on Iceland

Official Name: Republic of Iceland
Capital: Reykjavik
Government Type: Constitutional republic
Population: 301,931
Area: 39,600 square miles; about the size of Virginia or slightly larger than Ireland
Languages: Icelandic, English, Nordic languages, German widely spoken
Year of Independence: 1918
Web site: Government.is (http://www.government.is/)
Title: Re: ICELAND of the FREE
Post by: Brocke on March 10, 2010, 05:20:33 am
Voters in Iceland Reject Repayment Plan

By SARAH LYALL
Published: March 6, 2010

LONDON — Iceland’s 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 all but 2,500 of the 143,784 votes counted, the authorities said, 93 percent voted "no" and 1.8 percent voted "yes" in the first public referendum ever held on any subject in Iceland. The remaining ballots were declared invalid.

But the referendum was more symbolic than substantive, and the Icelandic government hastened to make clear that Iceland would still pay back the money, albeit on different terms from the ones rejected.

“We want to be perfectly clear that a ‘no’ vote does not mean we are refusing to pay,” Finance Minister Steingrimur Sigfusson said. “We will honor our obligations. To maintain anything else is highly dangerous for the economy of this country.”

The vote shows the depth of Icelanders’ rage. They are angry at the British and Dutch, who they say are mistreating them; angry at the regulators and government officials who failed to properly oversee the Icelandic financial system; and angry at the bankers whose recklessness helped the economy grow at a headspinning rate and then caused it to self-destruct in days.

“Ordinary people, farmers and fishermen, taxpayers, doctors, nurses, teachers, are being asked to shoulder through their taxes a burden that was created by irresponsible greedy bankers,” President Olafur Ragnar Grimsson said on Bloomberg Television.

How to repay the debt, which represents more than 40 percent of Iceland’s gross domestic product, has consumed this small, isolated nation for the last year and a half, since its banks failed, its stock market crashed and its currency collapsed.

The money represents a portion of the losses incurred by more than 300,000 Dutch and British customers of Icesave, an Internet branch of the Icelandic bank Landsbanki. The bank went bankrupt in October 2008, along with 85 percent of Iceland’s banking sector. The Netherlands and the British reimbursed their citizens, and are now pushing to get the money back from Iceland.

The three countries have been fighting over the deal’s terms ever since. An agreement this fall that would have given Iceland 15 years to pay the money, at 5.5 percent interest, only narrowly passed the country’s Parliament.

But on Jan. 5, Mr. Grimsson unexpectedly refused to sign the bill into law, setting off the need for a nationwide referendum.

But the vote has been overtaken by events, the government said: the deal at issue in the referendum is no longer the deal that is currently on the table in international negotiations.

Each day of delay increases Iceland’s financial burden. The second installment of a much-needed loan from the International Monetary Fund and a coalition of Nordic countries has been put off pending resolution of the dispute.

Britain has warned Iceland that it risks being an international pariah if it does not pay the money back and has threatened to stall the country’s efforts to join the European Union.

The Icesave matter has put increasing pressure on the year-old Icelandic government, a fragile coalition led by Johanna Sigurdardottir of the Social Democratic Party. On the one hand, it needs to show that it acknowledges the public’s deep bitterness; on the other, it needs to negotiate a deal quickly in order to move economic recovery along.

“We need to keep going,” Ms. Sigurdardottir said in a television interview. “We have to get an agreement.”

http://www.nytimes.com/2010/03/07/world/europe/07iceland.html
Title: Re: ICELAND of the FREE
Post by: Brocke on March 11, 2010, 05:15:21 am
Iceland banking crisis news and more

Iceland - a little island in the north atlantic. A little banking problem and more about Iceland

http://iceland-dori.blogspot.com/


Matthew Lynn says that Iceland should not pay ! video (http://iceland-dori.blogspot.com/2010/03/matthew-lynn-says-that-iceland-should.html)
According to Bloombergs columnist Matthew Lynn ,Iceland should not pay Icesave.
You can see it here on the video , in an interview,before the Icelandic referendum on march 6th.


Know the right people in Iceland ,and you will not have to pay ! (http://iceland-dori.blogspot.com/2010/03/now-right-people-in-iceland-and-you.html)


Political crisis in Iceland ? (http://iceland-dori.blogspot.com/2010/03/political-crisis-in-iceland.html)
Many belive that there is a political crisis in Iceland now,after the national referendum.


Icelands No,could it spread around Europe ? (http://iceland-dori.blogspot.com/2010/03/icelands-nocould-it-spread-around.html)
Iceland said " NO" on saturday ,against the Icesave agrrement , between Iceland, THe Dutch and Britain.


Title: Re: ICELAND of the FREE
Post by: Brocke on March 11, 2010, 12:06:26 pm


Iceland braces for consequences of Icesave vote

The Associated Press

Thursday, March 11, 2010 | 12:02 a.m.

A proposal to use taxpayer funds to pay off Iceland's substantial debts to foreign governments seemed likely to be defeated in a national referendum Saturday.

Opinion polls indicated that a strong majority intend to reject the $5.3 billion plan to compensate the governments of Britain and the Netherlands for money those governments paid out to depositors in their countries who lost savings in a failed Icelandic bank.

"I voted no," said Rognvaldur Hoskuldsson, a 36-year-old machine technologist, after casting his vote Saturday morning. "It makes no sense to say yes when the UK and Dutch have put a better deal on the table in talks this week. Also we have to send a message that these countries are not going to profit from this situation."

Many Icelanders who have been badly hurt by the country's financial collapse say they don't want to be bullied by larger nations seeking to profit from Iceland's severe economic problems.

A rejection of the deal because of the public backlash would create another obstacle on Iceland's difficult road out of a deep recession. A "no" vote could further jeopardize its credit rating and make it harder to access much-needed bailout money from the International Monetary Fund.

It could also harm Iceland's chances of being granted entry to the European Union.

Some voters seemed undecided even after the polls opened. Kristofer Hannesson, 27, said he was not yet sure but was leaning toward voting against the plan.

"I feel that I should go and vote no to send the message to the British and the Dutch that we, the innocent Icelandic public, are not going to let them walk all over us," he said.

Iceland has been desperately seeking a revised deal with its European creditors since President Olafur R. Grimsson tapped into public anger and used a rarely invoked power to refuse to sign the so-called Icesave bill into law in January, triggering the national poll.

At the heart of the dispute is the payment of $3.5 billion to Britain and $1.8 billion to the Netherlands as compensation for funds that those governments paid out to around 340,000 nationals with savings in the collapsed Icesave internet bank.

Britain and the Netherlands offered better terms last week _ including a floating interest rate on the debt plus 2.75 percent, representing a significant cut on the 5.5 percent under the original deal hammered out at the end of last year.

The British say their "best and final offer has been turned down."

But Iceland continues to hold out for more, aware that any new deal must win substantial political and public support to avoid another veto by the president.

Locals largely view the deal both as intimidation by bigger nations and an unfair result of their own government's failure to curtail the excessive spending of a handful of bank executives that led the country into its current malaise.

Because of Iceland's tiny population, around 320,000, the original deal would have required each person to pay around $135 a month for eight years _ the equivalent of a quarter of an average four-member family's salary.

That's a step too far for many ordinary Icelanders who resent forking out the money to compensate for losses incurred by potentially wealthier foreign investors who chased the high interest rates offered by Icesave.

There's also residual anger that Britain invoked anti-terrorist legislation to freeze the assets of Icelandic banks at the height of the crisis, prompting the worst diplomatic spat between the two countries since Cod Wars of the 1970s over fishing rights in the North Atlantic.

"I am going to say no on Saturday because it's not fair and justifiable that the Icelandic nation should pay for other people's mistakes," said Benedikt Mewes, 33, a cashier at the National Post Office in Reykjavik.

Officials within Iceland's Social Democrat-Left Green coalition government, whose authority is being challenged by the weekend poll, acknowledge the repercussions of a failure to settle the dispute.

Although the International Monetary Fund has never explicitly linked delivery of a $4.6 billion loan to the reaching of an Icesave deal, it is committed to Iceland repaying its international debt _ the months taken to reach the original Icesave deal were responsible for holding up the first tranche of IMF funds last year.

There are also fears that Britain and the Netherlands will take a hard-line stance on Iceland's application to join the EU and refuse to approve the start of accession talks until an Icesave deal is signed into law.

___

Associated Press Writers Helga Armadottir contributed to this story.

http://www.lasvegassun.com/news/2010/mar/11/iceland-braces-for-consequences-of-icesave-vote/
Title: Re: ICELAND of the FREE
Post by: jofortruth on March 17, 2010, 09:51:41 pm
More on what's happening in Iceland:
http://z4.invisionfree.com/The_Great_Deception/index.php?showtopic=5562
Title: Re: ICELAND of the FREE
Post by: Brocke on March 20, 2010, 05:29:16 pm

Private Army Sets Sights on Iceland


18.3.2010
Words by Paul Nikolov

A private company offering military support has expressed interest in working with the Icelandic government. Many Icelanders are strongly opposed to the idea.

The company in question is known as ECA Program. They are a private company that works in military training and support for governments around the world, and have most recently worked with India. Their interest in Iceland is apparently strong enough to warrant the use of images from Keflavík - where the NATO base used to be located until it closed in 2006 - on their website. They have already asked the Icelandic government if they can utilize the base for their private air force, and are willing to pay 200 billion ISK to do so.

However, the Campaign Against Militarism - in Icelandic group originally founded in opposition to the NATO base - is strongly against the idea. They point out that the comany's background is shrouded in mystery, and that they amount to a mercenary group. Furthermore, the company was denied operation permission in Canada.

Iceland, although a NATO country, does not have a military of its own. In fact, the vast majority of Icelanders polled have expressed opposition to supporting military efforts in Iraq,

http://www.grapevine.is/News/ReadArticle/Private-Army-Sets-Sights-on-Iceland



Private Military Company Given Green Light

19.3.2010
Words by Paul Nikolov

ECA Program - a private company specializing in military consultancy with governments around the world - has apparently already been given the green light by the government to use the old base in Keflavík.

ECA Program has already begun a PR campaign of sorts, having told the news aggregate website Eyjan that their permit to operate in Canada was denied for strictly political reasons. According to the source, the residents of Goose Bay, Newfoundland were actually positive towards the company, but the authorities in the region rejected the permit.

Social Democrat Björgvin G. Sigurðsson has told reporters that the company has already received the go-ahead from the Icelandic government to use the old NATO base in Keflavík. Óskar Þórmundsson, former police chief of Keflavík airport and NATO employee, has been slated to assist ECA in Iceland. He told reporters that his past connections and current assignment are a complete coincidence.

In a more bizarre twist, the Leftist-Greens of the Suðurnes region, where Keflavík is located, have expressed their support for ECA's arrival. While the Lefist-Greens have a strong anti-militarist platform, having fought for years to get Iceland out of NATO, the party's branch in the region say their support is due first and foremost to job creation, as no other possibilities seem available in the near future.

ECA is willing to pay 200 billion ISK for the use of the base, but much is unknown about the source of the company's finances, and their activities remain obscure - few sources apart from the ECA's own website even mention the work the company has done.

http://www.grapevine.is/News/ReadArticle/Private-Military-Company-Given-Green-Light
Title: Re: ICELAND of the FREE
Post by: nustada on March 20, 2010, 05:39:42 pm
Hey Ho, lets go!

http://www.iaa.asn.au/en/is_work.htm
Title: Re: ICELAND of the FREE
Post by: Brocke on March 20, 2010, 05:42:48 pm

It may be one of the last bastions of freedom...for now  :'(
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on March 20, 2010, 05:44:44 pm
I think you will find that we simply invaded iceland and built a base.

Title: Re: ICELAND of the FREE
Post by: RabidSheep on March 20, 2010, 05:45:59 pm
http://www.vcstar.com/news/2010/mar/20/europeans-debate-tying-nations-to-the-euro/
Title: Re: ICELAND of the FREE
Post by: ekimdrachir on March 20, 2010, 05:46:50 pm
...Bomb bomb bomb, bomb bomb iceland...

just kidding
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on March 20, 2010, 05:49:12 pm
ECA military consultancy - Website
http://ecaconsult.com/home

See Also
Save The People of ICELAND
http://www.savethepeopleoficeland.com/

Alt Thread on Propaganda Matrix :
http://propagandamatrix.com/forum/index.php/topic,6402.0.html
Title: Re: ICELAND of the FREE
Post by: Femacamper on March 20, 2010, 07:48:35 pm
dammit, I'm moving to Iceland.
Title: Re: ICELAND of the FREE
Post by: Brocke on March 21, 2010, 04:16:00 pm

Hundreds back home after volcanic eruption in Iceland

    * From correspondents in Hvolsvoellur, Iceland
    * From: AFP
    * March 22, 2010 6:34AM

Locals flee as Iceland volcano erupts

VIDEO: Locals flee as Iceland volcano erupts
http://player.video.news.com.au/news/?AfBAQYo0n1btHo_rG2r_oJ1liGIkQnEr

(http://content.video.news.com.au/NDM_CP_-_Sky_News/357/70/skynews_1320607_316x237-pre.jpg)
Iceland's first volcanic eruption in six years has forced over 600 people to flee their homes.

ALMOST all of the 600 people evacuated following a volcanic eruption in southern Iceland have been allowed home and flights have resumed to the country.

The volcano erupted near the Eyjafallajoekull glacier, part of a remotely populated area about 125km east of the capital, Reykjavik.

"We are allowing almost all of the 600 inhabitants to return to their homes, with the exception of the residents of 14 farms who are not allowed to return home," said local police chief Kjartan Thorkelsson.

"All roads have now been opened, but we encourage people not to drive unless it is necessary," he said.

"There is still an official situation of danger because of the volcanic eruption."

Hjordis Gudmundsdottir, of the Icelandic airport authority, said all domestic flights had resumed.

International flights suffered serious delays.

"There are no problems getting to Iceland and domestic flights have now resumed, but of course there are delays," Ms Gudmundsdottir said.

She said air traffic was still barred from one area, "but it's not a big area, and it's ok to fly (in the area) if it's above 5000 feet (1524 metres)."

"The problem with (volcanic) ashes wasn't as bad as we thought it could be," she said.

No casualties have been reported from what was the first volcanic eruption in Iceland since 2004, and the first in the vicinity of the Eyjafjallajoekull glacier since 1823.
http://www.news.com.au/breaking-news/hundreds-back-home-after-volcanic-eruption-in-iceland/story-e6frfku0-1225843540934
Title: Re: ICELAND of the FREE
Post by: wfy9621 on March 21, 2010, 05:22:19 pm
I am gonna have to get a Facebook page...


Likes: COUNTRIES > Iceland




I wish the US had the guts...
Title: Re: ICELAND of the FREE
Post by: frenchlifeboat on March 21, 2010, 05:57:30 pm

remember this ?   

The Cod Wars

The First Cod War

The first "war" occurred in 1958, when Britain was unable to prevent Iceland, from extending it's fishing limits, from 4 miles, to 12 miles, off Iceland's coast.

The Second Cod War

The second dispute was in 1972-1973, when Iceland extended its limits to 50 miles. This conflict was concluded with an agreement between the two countries that limited British fishing, to certain areas, would be allowed inside the 50-mile limit. In addition, Britain agreed that British vessels could not catch more than 130,000 tons of fish annually. This agreement was valid for two years and expired on November 13 1975, when the third "Cod War" started

The Third Cod War

Between November 1975, and June 1976, the cod, a common species of fish, brought two NATO allies to the brink of war. Great Britain and Iceland confronted each other over Iceland proclaiming its authority over the ocean, up to 200 miles from its coastline. The issue was the amount of cod caught by the two countries' fishermen.

During this conflict, British trawlers had their nets cut by Icelandic Coast Guard vessels and there were numerous rammings between Icelandic ships and British trawlers and frigates. The conflict caused Iceland to threaten to close the NATO base at Keflavik, which would have imperilled the NATO ability to defend the Atlantic from Soviet incursions. The picture left shows St. Gerontius ramming the Icelandic Coast Guard Vessel Odin. Note warp cutting gear towed from stern.
 
The conflict lasted for seven months. Britain did not recognize Iceland's authority to extend its control to a 200-mile limit and continued fishing in the disputed zone. Iceland employed six Coast Guard ships and two Polish-built stern trawlers, converted for Coast Guard work, to enforce her control over fishing rights. In response, Great Britain deployed 22 frigates, although only six to nine were deployed at any one time, seven supply ships, nine tug boats, and three support ships, (Miranda, Othello, and Hausa), to protect it's fishing trawlers. Miranda's story can be read here: The Miranda Website  The Picture right shows hull trawler 'Lord Jellicoe' rammed by Icelandic Coast Guard Vessel Aegir

Few shots were fired, but several ships were rammed during the conflict and some damage was inflicted, with a few injuries sustained. British frigates' bows were reinforced with wood planking. Declining fish-stocks precipitated Iceland's action, and as fishing was the main industry in Iceland, that was a major threat. Both sides agreed the stocks were declining but could not agree on the cause or a method of stabilizing the fish population. The picture left shows Icelandic Coast Guard Vessel Aegir after a clash with Lord Jellicoe.
 

The 200-mile economic exclusion zone was supported by various coastal states, including Great Britain, at UN conferences on the Law of the Sea, although it was not law yet. Iceland stated that it was merely enforcing what would soon be, an international law and that it was following precedents set by other nations. Great Britain stated that although the international system was arriving at an agreed 200-mile limit, Iceland had no right to unilaterally enforce the limit.

After a particularly violent collision incident, the UN Security Council was consulted, but took no action. The Nordic Council issued a statement of support for Iceland. NATO, and the USA, became involved, due to the threatened closure of the NATO base at Keflavik. The US offered to mediate, but it was NATO intercession that helped to end the conflict.

With mediation by the Secretary-General of NATO, Dr. Joseph Luns, Iceland and Great Britain were able to come to an agreement on June 2 1976. This agreement limited the British to 24 trawlers, from a list of 93, allowed inside the 200-mile limit at any one time. The amount of cod that Great Britain could legally catch was limited to 50,000 tons annually. There were four conservation areas that were completely closed to all British fishing. In addition, Icelandic patrol vessels were allowed to halt, and inspect, British trawlers suspected of violating the agreement. The duration of the agreement was 6 months, after which Great Britain had no right to fish inside the 200-mile zone. Right, ICGV Odin being shadowed by HMS Galatea
 
The British fishing industry, based on Icelandic fish, produced about 23.1 million pounds worth of catch. The agreement with Iceland caused about 1,500 fishermen to become unemployed, plus about 7,500 people on shore, also became unemployed.

http://www.britains-smallwars.com/RRGP/CodWar.htm (http://www.britains-smallwars.com/RRGP/CodWar.htm)

 
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on March 21, 2010, 06:03:25 pm
remember this ?   

The Cod Wars

Seems like yesterday.
 :)
Title: Re: ICELAND of the FREE
Post by: Brocke on March 27, 2010, 03:41:25 am

Iceland Finance Minister to discuss delayed aid with IMF

Thu Mar 25, 2010 12:54pm GMT

STOCKHOLM (Reuters) - Iceland's finance minister will hold talks with IMF officials this week about revising the country's aid programme, which has been delayed by the row over "Icesave" debts, an Icelandic official said on Thursday.

The International Monetary Fund agreed loans totalling more than $2 billion (1.3 billion pounds) to Iceland after the North Atlantic island nation's main banks went under in 2008, leading to a collapse in the currency and a deep recession.

Initial payments under the IMF scheme were made, but a row over the terms under which Iceland is to repay about $5 billion to Britain and the Netherlands for compensating overseas savers who lost money in Icelandic accounts has delayed further aid.

Icelandic Finance Ministry official Indridi Thorlaksson said Finance Minister Steingrimur Sigfusson would spend Thursday and Friday in meetings with officials at the international lender.

"He is meeting people at the IMF," he said.

"It is in connection with the stand-by arrangement and the revision of it."

The second review of Iceland's IMF programme had initially been set for late January, but was postponed after efforts to strike a deal over the so-called "Icesave" debts to Britain and Netherlands hit a snag.

Iceland is furious that the Icesave row is delaying aid and with no new talks yet planned to settle the long-standing dispute it hopes it can persuade the IMF and other lenders to let funds flow again even if a deal is not in hand.

http://uk.reuters.com/article/idUKTRE62O2CT20100325
Title: Re: ICELAND of the FREE
Post by: Brocke on March 27, 2010, 03:46:55 am

Iceland Faces Only ‘Slim’ Risk of Default, Gudmundsson Says

By Omar R. Valdimarsson

March 26 (Bloomberg) -- Iceland faces only a “slim” risk of defaulting on its loans next year and in 2012 because the central bank is ready to bolster its reserves through foreign currency purchases, bank Governor Mar Gudmundsson said.

If the island is unable to access international markets soon, the central bank will buy currency to finance foreign debt payments, Gudmundsson said in a speech at the bank’s annual meeting in Reykjavik yesterday. Iceland has a 1 billion-euro ($1.3 billion) bond due in December 2011.

A “strong emphasis would be placed on preventing the nation’s foreign exchange reserves from becoming dangerously depleted following payments on Treasury loans in the winter of 2011-2012,” said Gudmundsson.

Iceland got a $4.6 billion International Monetary Fund-led bailout in October 2008, following the failure of the island’s three major banks, Kaupthing Bank hf, Landsbanki Islands hf and Glitnir Bank hf. Loan disbursements have been delayed as the government of Prime Minister Johanna Sigurdardottir has failed to reach an agreement with the U.K. and the Netherlands on foreign depositors’ guarantees.

To ease repayments, the central bank has in recent months bought Treasury bonds maturing in the winter of 2011-2012 in the secondary markets, Gudmundsson said.

“The purchase has a nominal value of 116 million euros and was executed on favorable terms,” he said. “Because of this transaction, the reserves can now cover the loan payments” due in December 2011. “Furthermore, it will end up reducing the Treasury’s foreign debt at lower expense than would have been achieved otherwise.”

The economy contracted a record 9.1 percent in the fourth quarter and shrank 6.5 percent last year. The central bank estimates economic output will decline a further 3.4 percent this year, before growing 2.6 percent in 2011.

The central bank cut the benchmark interest rate a half- point to 9 percent on March 17. Policy makers said then they expect inflation to average 5.6 percent in 2010 and reach the bank’s 2.5 percent target at the beginning of 2012.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7V6Vu97kBMs
Title: Re: ICELAND of the FREE
Post by: Brocke on April 11, 2010, 02:11:39 pm

Iceland's GFC poor line up for food

    * From correspondents in Reykjavik
    * From: AFP
    * April 11, 2010 2:37PM

"I DON'T tell my children where I get the food, I'm too ashamed," said Iris Aegisdottir, an Icelander who has been going to a food bank every week for a year to feed her three children.

The crisis that brought down Iceland's economy in late 2008 threw thousands of formerly well-off families into poverty, forcing people like Iris to turn to charity to survive.

Each week, up to 550 families queue up at a small white brick warehouse in Reykjavik to receive free food from the Icelandic Aid to Families organisation, three times more than before the crisis.

Rutur Jonsson, a 65-year-old retired mechanical engineer, and his fellow volunteers spend their days distributing milk, bread, eggs and canned food donated by businesses and individuals or bought in bulk at the supermarket.

"I have time to spend on others and that's the best thing I think I can do," he said as he pre-packed grocery bags full of produce.

In a small, close-knit country of just 317,000 people, the stigma of accepting a hand-out is hard to live down and out of the dozens of people waiting outside the food bank in the snow on a dreary March afternoon, Iris is the only one willing to talk.

"It was very difficult for me to come here in the beginning. But now I try not to care so much anymore," said the weary-looking 41-year-old, who lost her job in a pharmacy last northern summer, as she wrung her hands nervously.

The contrast is brutal with the ostentatious wealth that was on display across the island just two years ago, as a hyperactive banking sector flooded the small, formerly fishing-based economy with fast cash.

Back then, the biggest worry for many Icelanders was who had the nicest SUV, or the most luxurious flat.

But today visible signs of poverty are quickly multiplying in the Nordic island nation, despite its generous welfare state, as the middle class is increasingly hit by a sky-rocketing unemployment, up from 1.0 to 9.0 per cent in about a year, and soaring defaults on mortgages.

Icelanders who lose their job are initially entitled to benefits worth 70 per cent of their wages but the amount dwindles fast the longer they are without work. Coupled with spiralling debt, the spike in long-term unemployment is taking a heavy toll.

"The 550 families we welcome here represent about 2700 people, and the number keeps going up. And we think it will keep growing until next year, at least," said Asgerdur Jona Flosadottir, who manages the Reykjavik food bank.

For Iris, the fall came quickly.

She is struggling to keep up with payments on two car loans, which she took out in foreign currencies on what proved to be disastrous advice from her bank, and which have tripled since the kronur's collapse.

Threatened in November with eviction from her home in the village of Vogar, about 40km southwest of Reykjavik, she managed to negotiate a year's respite with her bank.

"I feel very bad and I am very worried," she said, running her fingers through her long, brown hair.

"I've thought about going abroad, but decided to stay because friends have come forward to guarantee my loans," she added sadly, before leaving with a friend who was driving her back home.

To avoid resorting to charity, many other Icelanders are choosing to pack their bags and try for a new future abroad, with official statistics showing the country's biggest emigration wave in more than a century is under way.

"I just don't see any future here. There isn't going to be any future in this country for the next 20 years," laments Anna Margret Bjoernsdottir, a 46-year-old single mother who is preparing to move to Norway in June if she is unable to ward off eviction from her home near Reykjavik.

For those left behind, a growing number are having trouble scraping together enough money to put decent food on their children's plates.

While only a minority have been forced to seek out food banks to feed their families, some parents admit to going hungry to feed their children.

"I must admit that with the hike in food prices, my two sons eat most of what my husband and I bring home," Arna Borgthorsdottir Cors confessed in a Reykjavik cafe.

"We get what is left over," she says.

http://www.news.com.au/breaking-news/icelands-gfc-poor-line-up-for-food/story-e6frfku0-1225852390009
Title: Re: ICELAND of the FREE
Post by: Brocke on April 15, 2010, 02:21:55 am
Ash from Iceland's volcano disrupts UK air traffic

Apr 15 03:13 AM US/Eastern

(http://img.breitbart.com/images/2010/4/14/ap-p/c7702d3b-5f46-46a2-bd84-162363026bad.jpg)

LONDON (AP) - Officials say ash clouds drifting from Iceland's erupting volcano have disrupted air traffic across Britain.

Flights have been suspended at the English cities of Manchester and Birmingham, as well as in Belfast in Northern Ireland and the Scottish airports at Aberdeen, Glasgow and Edinburgh.

The ash has also disrupted operations at London Heathrow, Europe's busiest airport, where at least 150 flights were canceled. Another 138 flights have been canceled at Britain's second-busiest terminal of London Gatwick.

U.K. airport operator BAA says "major disruption" in air traffic is expected, while the National Air Traffic Service explains "volcanic ash represents a significant safety threat to aircraft."

The volcano erupted Wednesday.

http://www.breitbart.com/article.php?id=D9F3BP880&show_article=1
Title: Re: ICELAND of the FREE
Post by: donnay on April 15, 2010, 06:38:29 am
Iceland's volcanic ash halts flights across Europe

(http://d.yimg.com/a/p/ap/20100415/capt.8321fda0924042eebccdec8fba9349de-e484ecb04bcc44b1815442d377ef31bb-0.jpg?x=291&y=345&q=85&sig=G0YwgEDo0t5D___FqBqGaA--)

  By ROBERT BARR (http://news.yahoo.com/s/ap/20100415/ap_on_bi_ge/eu_iceland_volcano;_ylt=Ajw_PuSaSDhAAGpKn_tAgDN34T0D;_ylu=X3oDMTJqYnZka3M0BGFzc2V0A2FwLzIwMTAwNDE1L2V1X2ljZWxhbmRfdm9sY2FubwRjcG9zAzEEcG9zAzIEc2VjA3luX3RvcF9zdG9yeQRzbGsDaWNlbGFuZHN2b2xj), Associated Press Writer Robert Barr, Associated Press Writer   – 5 mins ago

LONDON – Ash clouds from Iceland's spewing volcano disrupted air traffic across Northern Europe on Thursday as authorities closed British and Nordic air space, shut down Europe's busiest airport at Heathrow and canceled hundreds of flights.

Britain's Civil Aviation Authority said non-emergency flights would be banned until at least 6 p.m. (1700 GMT, 1 p.m. EDT). Irish authorities also closed their air space for eight hours.

London Heathrow, Europe's business airport, handles upwards of 1,200 flights and 180,000 passengers per day. The closure also affected London's second- and third-largest airports, Gatwick and Stansted. It was not immediately clear when flights would resume.

With the major trans-Atlantic hub at Heathrow closed, dozens of flights to the United States were on hold, and cancelations spread across the continent to major hubs at Brussels, Amsterdam, Geneva and Paris, where flights heading north were canceled until midnight.

In Iceland, hundreds of people have fled rising floodwaters since the volcano under the Eyjafjallajokull (ay-yah-FYAH'-plah-yer-kuh-duhl) glacier erupted Wednesday for the second time in less than a month. As water gushed down the mountainside, rivers rose up to 10 feet (3 meters) by Wednesday night.

The ash cloud has not disrupted operations at Iceland's Keflavik airport or caused problems in the capital of Reykjavik, but has affected the southeastern part of the island, said meteorologist Thorsteinn Jonsson. In one area, visibility was reduced to 150 yards (meters) this morning, he said, and farmers were advised to keep livestock indoors to protect them from eating ash particles as sharp as glass.

The volcano was sending up smoke and ash that posed "a significant safety threat to aircraft," Britain's National Air Traffic Service said, as visibility is compromised and debris can get sucked into airplane engines.

Emirates airline canceled 10 roundtrip flights between Dubai and Britain on Thursday because of the ash cloud.

"I think I might cry," said Ann Cochrane, 58, of Toronto, one of the passengers stranded in Glasgow. "I just wish I was on a beach in Mexico."

In northern Sweden all air traffic was suspended, affecting the cities of Skelleftea, Lulea, Kiruna and Hemavan, the national aviation authority said.

Air traffic in northern Finland was also halted.

Norway's King Harald V and Queen Sonja — who had planned to fly Thursday to Copenhagen for the Danish queen's 70th birthday — were looking to take a "car, boat or train." A canceled trans-Atlantic flight left Norway's Prime Minister Jens Stoltenberg grounded in New York.

The U.S. Geological Survey said about 100 encounters of aircraft with volcanic ash were documented from 1983 to 2000; in some cases engines shut down briefly after sucking in volcanic debris, but there have been no fatal incidents.

In 1989, a KLM Royal Dutch Airlines Boeing 747 flew into an ash cloud from Alaska's Redoubt volcano and lost all power, dropping from 25,000 feet to 12,000 feet (7,500 meters to 3,600) before the crew could get the engines restarted. The plane landed safely.

In another incident in the 1980s, a British Airways 747 flew into a dust cloud and the grit sandblasted the windscreen. The pilot had to look out a side window to land safely.

Volcanic ash is formed from explosive eruptions. Particles as hard as a knife blade range in size from as small as 0.001 millimeters (1/25,000 inch) to 2 millimeters (1/12 inch), the Geological Survey says.

Ash can melt in the heat of an aircraft engine and then solidify again, disrupting the mechanics, the agency says.

___

AP reporters Ian MacDougall in Oslo, Shawn Pogatchnik in Dublin, Jan Olsen in Copenhagen, Gretchen Mahan in Brussels, Mike Corder in Amsterdam, Adam Schreck in Dubai, Frank Jordans in Geneva and Matti Huuhtanen in Helsinki contributed to this report.
Title: Re: ICELAND of the FREE
Post by: wfy9621 on April 15, 2010, 08:39:05 pm
If the volcano had been HAARPed, wouldn't the glacier around it be melted more?
Title: Re: ICELAND of the FREE
Post by: Brocke on April 15, 2010, 09:11:47 pm
Iceland's volcanic ash halts flights across Europe

(http://d.yimg.com/a/p/ap/20100415/capt.8321fda0924042eebccdec8fba9349de-e484ecb04bcc44b1815442d377ef31bb-0.jpg?x=291&y=345&q=85&sig=G0YwgEDo0t5D___FqBqGaA--)

  By ROBERT BARR (http://news.yahoo.com/s/ap/20100415/ap_on_bi_ge/eu_iceland_volcano;_ylt=Ajw_PuSaSDhAAGpKn_tAgDN34T0D;_ylu=X3oDMTJqYnZka3M0BGFzc2V0A2FwLzIwMTAwNDE1L2V1X2ljZWxhbmRfdm9sY2FubwRjcG9zAzEEcG9zAzIEc2VjA3luX3RvcF9zdG9yeQRzbGsDaWNlbGFuZHN2b2xj), Associated Press Writer Robert Barr, Associated Press Writer   – 5 mins ago

LONDON – Ash clouds from Iceland's spewing volcano disrupted air traffic across Northern Europe on Thursday as authorities closed British and Nordic air space, shut down Europe's busiest airport at Heathrow and canceled hundreds of flights.

Britain's Civil Aviation Authority said non-emergency flights would be banned until at least 6 p.m. (1700 GMT, 1 p.m. EDT). Irish authorities also closed their air space for eight hours.

London Heathrow, Europe's business airport, handles upwards of 1,200 flights and 180,000 passengers per day. The closure also affected London's second- and third-largest airports, Gatwick and Stansted. It was not immediately clear when flights would resume.

With the major trans-Atlantic hub at Heathrow closed, dozens of flights to the United States were on hold, and cancelations spread across the continent to major hubs at Brussels, Amsterdam, Geneva and Paris, where flights heading north were canceled until midnight.

In Iceland, hundreds of people have fled rising floodwaters since the volcano under the Eyjafjallajokull (ay-yah-FYAH'-plah-yer-kuh-duhl) glacier erupted Wednesday for the second time in less than a month. As water gushed down the mountainside, rivers rose up to 10 feet (3 meters) by Wednesday night.

The ash cloud has not disrupted operations at Iceland's Keflavik airport or caused problems in the capital of Reykjavik, but has affected the southeastern part of the island, said meteorologist Thorsteinn Jonsson. In one area, visibility was reduced to 150 yards (meters) this morning, he said, and farmers were advised to keep livestock indoors to protect them from eating ash particles as sharp as glass.

The volcano was sending up smoke and ash that posed "a significant safety threat to aircraft," Britain's National Air Traffic Service said, as visibility is compromised and debris can get sucked into airplane engines.

Emirates airline canceled 10 roundtrip flights between Dubai and Britain on Thursday because of the ash cloud.

"I think I might cry," said Ann Cochrane, 58, of Toronto, one of the passengers stranded in Glasgow. "I just wish I was on a beach in Mexico."

In northern Sweden all air traffic was suspended, affecting the cities of Skelleftea, Lulea, Kiruna and Hemavan, the national aviation authority said.

Air traffic in northern Finland was also halted.

Norway's King Harald V and Queen Sonja — who had planned to fly Thursday to Copenhagen for the Danish queen's 70th birthday — were looking to take a "car, boat or train." A canceled trans-Atlantic flight left Norway's Prime Minister Jens Stoltenberg grounded in New York.

The U.S. Geological Survey said about 100 encounters of aircraft with volcanic ash were documented from 1983 to 2000; in some cases engines shut down briefly after sucking in volcanic debris, but there have been no fatal incidents.

In 1989, a KLM Royal Dutch Airlines Boeing 747 flew into an ash cloud from Alaska's Redoubt volcano and lost all power, dropping from 25,000 feet to 12,000 feet (7,500 meters to 3,600) before the crew could get the engines restarted. The plane landed safely.

In another incident in the 1980s, a British Airways 747 flew into a dust cloud and the grit sandblasted the windscreen. The pilot had to look out a side window to land safely.

Volcanic ash is formed from explosive eruptions. Particles as hard as a knife blade range in size from as small as 0.001 millimeters (1/25,000 inch) to 2 millimeters (1/12 inch), the Geological Survey says.

Ash can melt in the heat of an aircraft engine and then solidify again, disrupting the mechanics, the agency says.

___

AP reporters Ian MacDougall in Oslo, Shawn Pogatchnik in Dublin, Jan Olsen in Copenhagen, Gretchen Mahan in Brussels, Mike Corder in Amsterdam, Adam Schreck in Dubai, Frank Jordans in Geneva and Matti Huuhtanen in Helsinki contributed to this report.



Watch the EU penalize Iceland for CO2 pollution!!!


Title: Re: ICELAND of the FREE
Post by: squarepusher on April 15, 2010, 09:22:31 pm
I will just come right out and say it - this thing was a 'Britain/Anglo-Dutch' job.

You can tell me plenty of 'coincidence theories', but this is one I'm unwilling to swallow:

* Iceland votes 'No' in a referendum to pay Dutch/English bankers their entire GDP's worth of money plus expenses
* Dutch finance minister 'Kees De Jager' threatens Iceland after that: "Iceland will have no choice but to pay us'. He said this a day or so after the decisive No vote.
* Lots of other politicians are griping about Iceland and whatnot.
* Greenpeace hijacks shipments from Iceland going into Japan at the Rotterdam harbor - all under the cover of 'saving the whales' bullshit - this is economic terrorism performed by an extremist NGO that has been known for its radical doctrines, as in "We know where you live, climate change deniers".
* Iceland PMs travel to Washington PLEADING, PLEADING WITH THEM to ask the Netherlands and England to start being more reasonable about the payments and allow IMF loans to trickle back into the country; since IMF cut off their loans.
* All of a sudden, this 'volcano' happens.

Bullshit. That's what I have to say about all of this.

And you know what? Most of the Dutch population either:

a - Want that money from Iceland - THEY WANT IT FOR THEMSELVES - they hope that by stealing that money, the government won't drastically raise taxes or give them a hard time, or
b - They just don't give a shit.

That's the real truth. The vast majority really don't care if the entirety of Iceland have to live in poverty and just die off because their leaders had to sell off everything they had to the Dutch, BUT HEY: THE DUTCH DO CARE ABOUT POOR HAITIANS, OH YES THEY DO!!!! WHY, THEY DONATED LARGE SUMS OF MONEY!!!

Once again: Bullshit. I see lots of two-faced demons in this country who believe the own horsecrap they're shovelling, and it makes me angry. All I see is a country that likes to hide the fact that their Dutch Royal Shell is really the Dutch/British East India Company 2.0. They're an evil empire that get far too little exposure - they sure are masters in propaganda, because many people (even those in America) really do believe it's a really nice place here, with a really friendly Queen. Euthanasia for the elderly and the young is 'good' (well it's not, but here they believe it is), 'biking' instead of driving a car to go to work is 'good' (and Obama will be introducing that shortly to America - extreme austerity right there, but hey, the Dutch love that crap since they were put off from using the automobile back in the fraudulent '70s oil scarcity crisis), no, 'drugs' is by no means 'legal' here - it's just been more 'institutionalized' and 'commercialized', but the police still have drug laws and are still running quotas on drug offenders, so no, you can't grow an army's worth of weed in your backyard - hate to break it to all the liberal sympathizers in America out there, but you've got a pretty distorted picture of the right to smoke marijuana here. You're entitled to one or two minuscule 'hemp plants', and that's it.
Title: Re: ICELAND of the FREE
Post by: wfy9621 on April 15, 2010, 10:46:49 pm
Watch a few more plane accidents (wth heads of states aboard) occur because the ash over Europe is causing such poor visibility. Like a big fog cloud, it is.
Title: Re: ICELAND of the FREE
Post by: attietewd on April 15, 2010, 10:58:15 pm
Watch a few more plane accidents (wth heads of states aboard) occur because the ash over Europe is causing such poor visibility. Like a big fog cloud, it is.

wow I was thinking the same thing... :o
Title: Re: ICELAND of the FREE
Post by: nustada on April 15, 2010, 11:13:48 pm
If the volcano had been HAARPed, wouldn't the glacier around it be melted more?

Haarp stole beer from my fridge. But defrauded my freezer, so I didn't mind.
Title: Re: ICELAND of the FREE
Post by: wfy9621 on April 16, 2010, 08:22:57 pm
What is it, a bankster?

You mean, "defrosted"?
Title: Re: ICELAND of the FREE
Post by: nustada on April 16, 2010, 08:24:35 pm
What is it, a bankster?

You mean, "defrosted"?

Its haarp, its worthy of all blame, including spellchecker blunders. It was haarp try to confuse you.
Title: Re: ICELAND of the FREE
Post by: wfy9621 on April 17, 2010, 09:03:16 am
Whoa! That HAARP is deeply evil!  :D
Title: Re: ICELAND of the FREE
Post by: Brocke on April 17, 2010, 06:18:21 pm

I just had a thought:

April 22 is Earth day  :P
ref: Orgy of Green propaganda called Earth Day: A Week of Green Brainwashing (http://canadafreepress.com/index.php/article/22063)

The Eyjafjallajökull eruption will be used as:

1) an excuse for why the weather is cooling
2) an example of how less air travel is "good" for the planet
3) a president to tax countries with volcanic activity
4) a stall strategy to avoid the Obama visit to Poland



Obama cancels Poland trip due to volcano fallout
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/17/AR2010041701961.html

Worldwide human CO2 emission last year [2006] were about 28 billion tons (28 gigatons)
http://atmoz.org/blog/2007/05/01/direct-co2-emissions-by-humans/

Volcanic activity alone injects around 200 trillion tons (200 teratons) of CO2 into the atmosphere each year (Gerlach, 1995).
http://atmoz.org/blog/2007/05/01/direct-co2-emissions-by-humans/

According to the journal Science (Nov. 5, 1982), termites alone emit ten times more carbon dioxide than all the factories and automobiles in the world. Natural wetlands emit more greenhouse gases than all human activities combined.
http://www.iloveco2.org/2009/04/termites-emit-ten-times-more-co2-than.html




Volcanic plume has far reaching effects on the weather, Earth
Read more: http://www.nationalpost.com/news/world/story.html?id=2917955#ixzz0lOkslJeK

Ash plume saves carbon through grounded planes
http://www.greenwisebusiness.co.uk/news/ash-plume-saves-carbon-through-grounded-planes-1312.aspx

Iceland Volcanic Ash Causes Reductions in Revenue and CO2 Emissions
http://beforeitsnews.com/news/33713/Iceland_Volcanic_Ash_Causes_Reductions_in_Revenue_and_CO2_Emissions.html


Title: Re: ICELAND of the FREE
Post by: Brocke on April 18, 2010, 02:06:59 am

Ural Airlines ignores volcanic ash warning and attempts flight to Rome

    * From: NewsCore
    * April 18, 2010 1:38AM

A RUSSIAN commercial airplane attempted to travel from Moscow to Rome by flying under the ash cloud from Iceland's volcano, the Aviation Herald reported.

The flight, operated by the Russia's Ural Airlines, had to descend more than 9,000 feet while it flew over Krakow, Poland. Later, the crew reported that the plane was low on fuel and was forced to land in Vienna.

The Vienna Schwechat Airport, which remained open despite the closure of the airspace, was investigating the plane's engines for ash contamination. The Aviation Herald report did not say how many passengers were on the flight.

At least 26 countries in Europe closed parts of their airspace, leaving would-be travelers stranded across the globe as scientists warned that volcanic ash from Iceland could continue drifting across northern Europe for days to come.

Russia's airspace remained open yesterday but air travel disruptions were caused by a lack of available airspace beyond its borders. Italian airspace was closed.

http://www.news.com.au/breaking-news/ural-airlines-ignores-volcanic-ash-warning-and-attempts-flight-to-rome/story-e6frfku0-1225855012388
Title: Re: ICELAND of the FREE
Post by: wfy9621 on April 18, 2010, 08:32:29 pm
 Russia's such a responsible Global Citizen  :D
Title: Re: ICELAND of the FREE
Post by: Brocke on April 18, 2010, 09:03:55 pm
Russia's such a responsible Global Citizen  :D

I like their attitude. They knew there was a good chance that flying below 9,000 feet would be relatively safe so they refused to panic and run around like chicken littles. The EU is pathetic. Surly there is plenty of data on flying through volcanic plumes. They just took the opportunity to do a DHS style total shutdown to remind everyone that they are slaves and they will travel when they are allowed to travel.
Title: Re: ICELAND of the FREE
Post by: wfy9621 on April 18, 2010, 10:25:09 pm
Just don't land on my house!
Title: Re: ICELAND of the FREE
Post by: Brocke on April 21, 2010, 05:50:11 am

Astounding footage from above the volcanic crater in Iceland.

(http://www.reuters.com/resources/r/?m=02&d=20100419&t=2&i=94332503&w=460&r=2010-04-19T163401Z_01_BTRE63I1A0S00_RTROPTP_0_VOLCANO)

VIDEO
http://www.wimp.com/volcaniccrater/
Title: Re: ICELAND of the FREE
Post by: Brocke on May 19, 2010, 01:59:41 am

Beautiful time lapse of footage from Icelandic volcano.

http://www.wimp.com/icelandicvolcano/
Title: Re: ICELAND of the FREE
Post by: ConcordeWarrior on May 19, 2010, 02:04:12 am
I love Eyjafjallajökull.
Title: Re: ICELAND of the FREE
Post by: Brocke on July 20, 2010, 03:51:50 pm

Banks in Iceland against the Supreme court ? - foreign currency loans

Tuesday, June 22, 2010

The Icelandic Supreme court ruled  few days ,that loans based on foreing currency,are not leagal .
This means that people that had loans in foreign currency , will get it fixed to Icelandic currency.
For example , if a man had a car loan ,wich is now in 2. 5 million kronas, but he has also payd 500 thousand kronas,  the Supreme court ruling, means that the loan is now 500 thousnad ,plus interests,and not 2.5 million.
The Courts ruling , was about car loans, but it will probably also mean , that all loans in foreing currency in Iceland , are not leagal.

The banks might not follow the ruling .
Everything in the loan is OK except the foreign currency .
So the loan might have had 2 percent interests, and they have to , according to the Supreme court, just change the loans to Icelandic Krona's.

But the banks want to try and put higher interests rates,.
The banks in Iceland's made a run on the Icelandic Krona, so they would get more interests on the Foreign currency loans.
The public did not attack the krona.

If the Banks and Iceland's financial institutions do not follow the Supreme Courts Ruling, then the Icelandic Government ,must force them to do so.

But it does not matter ,who is in control of the Icelandic Government,  Right politics or Left politics, Money  always rules .

http://iceland-dori.blogspot.com/2010/06/banks-in-iceland-against-supreme-court.html
Title: Re: ICELAND - Goverment by the people and for the Banks
Post by: Brocke on July 20, 2010, 03:57:49 pm

The Goverment by the people...and for the banks in Iceland

Thursday, June 24, 2010

Iceland members of parliament want to save the banks, not the public.

Even after the Iceland's Supreme Court,ruled that the loans based on foreign currency where illegal. Most of the loans had little interests, and the supreme court ruled that using foreign currency , that is , the loan in Icelandic Krona's had little interests but would follow the currency rate on foreign currency when you paid the loan.

But the Supreme court only said that using the foreign currency was illegal, but not anything else in the loan contract.
Which means that the loan should be paid back , in Icelandic krona's,and the interests rate that are in the loan contract.
But at the same time loans in Icelandic krona's, had interests and Price guarantee,using inflation index.
So that interests rate was much higher.

But now members of parliament are trying to add interests rate on the loans , that the supreme court said are illegal.
Financial institutions ,banks and so on in Iceland, are now trying to find ways, to ignore the Supreme court, and add interests rates, so they will get more out of the loan takers.

Does not matter what Political party in Iceland you ask, they are not working for the voters of Iceland , they are working for the Banks , and helping them in any way that they can.

The public in Iceland, is an acceptable loss in the Banking Crisis here in Iceland...

http://iceland-dori.blogspot.com/2010/06/goverment-by-people-and-for-banks-in.html
Title: Re: ICELAND of the FREE
Post by: citizenx on July 20, 2010, 04:21:23 pm
If tiny Iceland can stand up to the banksters... Think about it.

If America really stood up we'd have the bastards on the run.

Go, Iceland.
Title: Re: ICELAND of the FREE
Post by: Brocke on July 20, 2010, 05:00:58 pm
Corruption: in good shape in Iceland - video

After the Supreme courts decision on the Foreign currency loans being illegal, the government is now trying to find ways to add interests rates to those loans.

The political parties here in Iceland , are not celebrating that the public is now in a better place financially.
Business minister mr. Gylfi Magnusson, says that , interests rates must go up on the loans, so that the banks dont loose any money.
But a citizen meeting last September 2009 , he said that the Government should follow the Supreme court ruling whatever the ruling might be.

Here you can see a video from the citizen meeting on the 18th of September 2009.

http://www.facebook.com/v/406784507250

It would be best if you understand Icelandic.

Corruption is still going strong in Iceland.
Politicians have accepted big money, to the election funds, and many will not tell who has given them money. It does not matter what political party you talk about, they are all corrupted,some more than the other. Maybe in the next parliment election ,there should be a party , that is likt the Best Party , that won the last local elections in Reykjavik.

If all the 63 members of parliament are are corrupt, then maybe a new party should be formed, and with individuals, that have no skeletons in their closet.

http://iceland-dori.blogspot.com/2010/06/corruption-in-good-shape-in-iceland.html
Title: Re: ICELAND of the FREE
Post by: Brocke on July 20, 2010, 05:20:49 pm
Iceland Central Bank does not like the Supreme court ruling

Wednesday, June 30, 2010

Now after the Supreme Court ruling,on the loans that are illeagal, Finacial institutions are trying to find ways so that the banks dont loose much money.

And this morning , the Central Bank, had a press conference and said that the interests rates on the loans should be the same as are at the Central Bank.

But the Icelandic law says that when loans are illegal the interests rate should be in for the Loan taker.
Which means that the interests that where on the loan ( 2-4 %) should be used.
But the government and every political member, is trying to find ways to save the banks money and sell the customer short.

Iceland's parliament which is elected by the people, to serve the country and people, is now all in favor of the multinationals and banks, not caring if the public go bankrupt.

It looks like the Supreme Court now has the power, and looks like that they do not have to follow this ruling.

Strange justice system here in Iceland.

Many say that the Central Bank is working for the private banks[ters], and not for the people or the government.

Here is a video ,of when the Central Bank was attacked on december1st 2008

http://www.youtube.com/watch?v=LLi4_eQtbhM

http://iceland-dori.blogspot.com/2010/06/iceland-central-bank-does-not-like.html
Title: Re: ICELAND of the FREE
Post by: Brocke on July 20, 2010, 05:50:32 pm
Protests in Reykjavik planned next monday - video

Sunday, July 4, 2010

The Government is now trying hard to help the banks,due to the Supreme court ruling about the illegal loans to the public.
Supreme court ruled that loans based on foreign currency is illegal. Now groups of angry loantakers are planning a protest in front of the Iceland's Central Bank at noon on Monday,and another protest in the afternoon in from of the Iceland's Parliament building.
The promises of all political parties to help the public, was just a lie. They are all now helping their friends in the banks.
Most of have accepted money from the banks, some more the the other.

It looks like that corruption is legal here in Iceland. For many it looks like that the members of parliament have accepted bribes. Respect for members of parliament is at an all time low these days. Here below you can see videos from the protests last year.

I have put on Facebook,lots of videos from the protests here in Iceland - the videos are here
http://www.facebook.com/group.php?gid=121749387853900

http://iceland-dori.blogspot.com/2010/07/protests-in-reykjavik-planned-next.html
Title: Re: ICELAND of the FREE
Post by: Brocke on July 21, 2010, 05:48:55 am

Protest in Reykjavik today ,and a singer injured by the police

Monday, July 5, 2010

Today there was a protest in front of the central Bank. It is because that the central bank recommended that the banks increase the interests rate on the loans that the Supreme court said where illegal. But that the Central banks and the politicians did not like. So ,they are trying to find ways to increase the interests rates .

People got angry and today ,they protested at the central Bank. And one of the protesters was Ellen Kristjánsdóttir , a great singer here in Iceland ,and her brother is Kristján Kristjánsson ( KK ) a great musician. And the police forced here from the Central bank building ,with such force, that she had to go to the hospital .

http://iceland-dori.blogspot.com/2010/07/protest-in-reykjavik-today-and-singer.html
Title: Re: ICELAND of the FREE
Post by: Brocke on July 21, 2010, 05:55:36 am
Public protests the government and central bank in Iceland today

Tuesday, July 6, 2010

Today there where protests again in Reykjavik.
First at 9:30 this morning in front of the government house,and protesters made noise when the ministers came to the Government meeting ,and let them know that they do not have much support these days.
The Government has not kept the campaign promise, to help the public, and stand by the people.
Icelandic Government is helping the financial institutions, and pouring money to them,while the public is going bankrupt.

http://iceland-dori.blogspot.com/2010/07/public-protests-goverment-and-central.html

 

Then the protesters went to the central bank and protested there again .
The Central Bank , is not taking the Supreme Court ruling on illeagal loans by the banks ,and has challenged the Supreme court ruling.
Title: Iceland Minister advises foreign Co. how to Illegally buy up State Owned Power!
Post by: Brocke on July 21, 2010, 06:04:37 am
Iceland minister selling power companys to Magma Energy ?

Magma Energy corp has bought the geothermal power station ( HS Orka ) located near Keflavik in Iceland.
And according to Icelandic law, the only companys that can invest in Iceland power supply, must be located in the Europian union.
But Magma Energy corp. is a Canadian company. So to buy Iceland Power company, the made a little company in Sweden, and bought the Geothermal power company.

The energy , electricity, heating and water, is very cheap in Iceland. It is all owned by the goverment ,or the towns in Iceland. But when you privatize the energy ,the price will go up,and fast. Here in Iceland , people are not paying much for hot water and electricity. In the countries in Europe, they use Oil ,which is not cheap,and electrisity is not cheap either. There is no activity in Magma Energy Sweden ,only a office with two lawyers.

And according to local news in Iceland, the Industry Minister, told Magma Energy , how to get by Icelandic laws,and buy the local power company. Make a dummy company in Sweden ,and then buy the HS Orku in Keflavik.

The Industrial Minister, Katrin Juliusdottir, says that she did not tell Magma, how to bypass Icelandic laws.
But the CEO of Magma in Iceland, says that the Industrial Ministry told them how bypass Icelandic laws.
Many in Iceland look on this, as a treason by the Minister,towards the Icelandic public.

The Enviromental minister,Svandís Svavarsdóttir, is angry at the news about the buying, and says that it is illeagal ,to sell power companys in Iceland to foreign companys.

http://iceland-dori.blogspot.com/2010/07/iceland-minister-selling-power-companys.html
Title: Re: ICELAND of the FREE
Post by: Brocke on July 21, 2010, 06:16:40 am

Bjork send questions to parliament in Iceland,asking about legality of sale

Wednesday, July 14, 2010

(http://img.eyjan.net/r/282x200/2010/07/Screen-shot-2010-07-13-at-6.00.31-PM.300x200.png)

Bjork Gudmundsdottir , known as, Bjork,has sent the Public Representative of the Icelandic Parliament a complaint and asked him to investigate the sale and negotiating process,in selling the HS Orka power company to a foreign  company ,Magma Energy.
Also signed the letter , Jon Thorisson (the Icelandic assistant to Eva Joly) and the writer Oddny Eir. They also put forward several questions they feel must be asked by the government, by the parliament and by the public.

Björk will hold a press conference with a performance on Monday 19th July at 4.00pm in the Nordic House, Reykjavik.

Another protest was today in front of the IMF office in Reykjavik. This was more peaceful protest ,than the protest yesterday .
Here you can see a video from yesterday,when a protester that threw red paint on the IMF building ,got arrested by police. He was arrested in front of the Govermnet building in Reykjavik.


http://iceland-dori.blogspot.com/2010/07/bjork-send-questiions-to-parliement-in.html
Title: Re: ICELAND of the FREE
Post by: Brocke on July 21, 2010, 06:19:14 am
Bjork at a press conference in Iceland -video

VIDEO (in Icelandic)
http://www.youtube.com/watch?v=0USDlMrTn4I

Translation
Quote
In two weeks’ time, Magma Energy Sweden Ab will gain exclusive rights to utilize important natural energy sources in Iceland for the next 65 years. Is this sale of utilization rights in accordance with legislation that stipulates that utilization and ownership of Icelandic natural resources should be in the hands of Icelandic authorities?

Should this sale not undergo a systematic review? Don’t we need a report on our natural resources, similar to the report we had about the banks?

Should the Icelandic nation itself not be permitted to decide whether, and if so, how, it wishes to utilize its resources? Do we need to change laws so the nation can participate in a referendum about its own natural resources?

The International Monetary Fund has recommended that Icelanders provide foreigners with increased access to their natural resources. A letter of intent by the government from April last year suggests that those recommendations will be followed. Are we going to pay for the Icesave debt incurred by the oligarchs with our nature?

Is there not a better chance of getting Iceland back on track, and will this country not be able to pay its debts more easily, if we keep our natural resources under our full control and profit from them ourselves?

There is no clear information available on who are Magma’s shareholders.* Is it natural to close such an important deal without this sort of information?

It is said that the sale to Magma Energy will benefit the Icelandic economy since it constitutes foreign investment. And yet 70% of the sale is financed through a domestically-provided bullet loan, with a guarantee in the shares themselves. How does that compute?

Is there anything preventing Magma from removing all its profits from Iceland?

Is there anything to guarantee that this sale will create jobs in Iceland?

How will we profit from this sale? Will the profits possibly go to intermediaries that the Icelandic public, and even to the government, do not know about?

How will further heavy industry plans line up with international commitments to reduce carbon emissions? Are Icelanders not planning to help combat global warming?

Water is likely to be the world’s most precious resource in the future. Will the Magma case set a precedent? Will we lose more resources in this way?

Will our grandchildren be happy with our responses now? Will they be satisfied with the deals we have made and the sale of our natural resources?

Bjork Gudmundsdottir,held a press conference yesterday. There she questioned the sale of the HS Orka power company to a foreign Canadian company,Magma Energy.
" Are we going to pay Icesave Debt by selling our nature resources to foreign companys? " she asked.

Bjork also had more questions,as she introuduced the signing petition ,where people challenge the Goverment to stop the sale of HS Orka to a private company. Yesterday at 22:30 hours, about 4000 people had signed the petition.

No questions where allowed at the press conference.

http://iceland-dori.blogspot.com/2010/07/bjork-at-press-conference-in-iceland.html
Title: CEO of Magma Energy attempts Bribe to silence Singer Bjork
Post by: Brocke on July 21, 2010, 06:26:30 am

Bjork offered a share in Iceland power company by Magma Energy

Tuesday, July 20, 2010

Bjork offered a share in Iceland power company by Magma Energy Ross Beaty,CEO of Magma Energy, that bought the HS ORka powerplant in ICeland,has offered Bjork,a 25 % share in HS Orka. Mr Beaty says that he offers Bjork the share at the same price as Magma Energy got it from HS ORka.

Bjork has seen his offer and answered

"Dear Ross
noticed your message for me
you offering me shares in hs orka shows that you totally miss my point
i feel this company should not be privatized , it should be given back to the people .
therefore i am not interested in shares .
but if i would get the same deal as you , a 70% bulletloan from icelanders to buy usage of their own resources , i might reconsider , who wouldn´t ?
you didn’t really put your money where your mouth is , did you ?

good bye

björk

P.s. I also saw in financial times when you asked me , personally  , to pop over to your office and you would  lower how long magma´s usage of our resources is going to be . This only reveals how willing you are to cut deals outside law and order "


http://iceland-dori.blogspot.com/2010/07/bjork-offered-share-in-iceland-power.html
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on July 21, 2010, 06:28:28 am
In my opinion the initial starting incident was when Iceland decided to switch to using Hydrogen.

The plan was to use Geo-Thermal energy to make Electric that could extract Hydrogen from Water.


So...... this deal seems do ironic....

Title: Re: ICELAND of the FREE
Post by: Brocke on July 21, 2010, 06:28:43 am

In Iceland rumors abound that some of the Icelandic oligarchs who originally went after HS Orka and managed to privatize a share of it are now shareholders in Magma.
Title: Re: ICELAND of the FREE
Post by: Brocke on July 21, 2010, 07:56:41 am

Bjork and CEO in public spat over Iceland energy takeover

Jul 20 03:32 PM US/Eastern

Icelandic singer Bjork and the chief of Canada's Magma Energy company are publicly feuding over Magma's planned purchase of an Icelandic geothermal power group, according to comments published Tuesday.

The artist, who was crowned Best Actress in Cannes in 2000, has led a public campaign against Magma gradually raising its stake Iceland's HS Orka, which produces energy from the island's geothermal power.

At a press conference on Monday, the 44-year-old singer called for a referendum on foreign ownership of energy resources and more transparency in talks around the deal, linking it to Iceland's banking collapse in late 2008.

Magma's chief executive Ross Beaty rebuffed the accusations and invited Bjork herself to buy shares in the company.

"I have a cheeky proposal to Bjork: if she is so worried about foreign investors buying HS Orka, why doesn't she, with all her millions, invest in buying some of HS Orka?," Beaty said, according to comments published on the website of the Reykjavik Grapevine, an English language magazine.

"I offer her a 25 percent stake at no profit to Magma -- she can buy the shares at exactly what it cost us... Let her put her money where her mouth is, as I am personally doing," he added.

On Tuesday, a statement from Bjork was posted on the Grapevine's website.

"Dear Ross. Noticed your message for me. You offering me shares in Orka shows that you totally miss my point," it read.

"I feel this company should not be privatised, it should be given back to the people," the singer said, reiterating she was not interested in shares.

Opponents of the takeover also charge Magma circumvented the law by establishing a Swedish sister company, as Icelandic regulations prevent firms from outside the European Economic Area to own an Icelandic power group.

Goethermal power is one of Iceland's most valuable natural resources.

According to the Financial Times, HS Orka is Iceland's largest privately owned energy producer, and produces nearly a tenth of Icelandic power.

Iceland's financial system nearly collapsed at the end of 2008 when its three major banks -- Kaupthing, Landsbanki and Glitnir -- went under.

http://www.breitbart.com/article.php?id=CNG.c113d7947d98c59a53508e7088373074.551&show_article=1
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on July 21, 2010, 08:02:01 am
The Missing PUZZLE Piece

(http://www.iceh2.com/images/toppur3.bmp)

That the Icelandic Govt had previously declared that it was going to switch from an economy totally dependant on Foreign Energy such as OIL, GAS, etc to producing its own FREE ENERGY.

The Govt, had made a statement to the effect it wished to switch the entire Icelandic fishing fleet to Green Energy.

The plan was sound and simple. The use of free Geo Thermal Energy is already a highly developed industry in Iceland, the plan was to use the Free Geo Thermal power, to spin Turbines to generate enough Free Electric to to separate H2O into Hydrogen for the Fishing Fleet - AND - Capitol Crime EXPORT ENERGY TO EUROPE.

The other Thing Not Really Discussed would be the Icelandic Fishing Fleet, with its vast protected Fishing Rights VERSUS The European Union and its policy which can only be described as designed to Destroy Fishing Fleets of Europe.


Title: Re: ICELAND of the FREE
Post by: EvadingGrid on July 21, 2010, 08:13:00 am
Hydrogen Economy

BBC News (http://news.bbc.co.uk/1/hi/programmes/newsnight/archive/2208013.stm)

(http://newsimg.bbc.co.uk/media/images/38209000/jpg/_38209600_iceland_ap_315.jpg)

Their ancestors the Vikings are better known for the way they pillaged and despoiled. But now Icelanders are offering to show the rest of the world how best to clean the planet up and protect the fragile resources of the earth.

As world leaders head for the earth summit in Johannesburg, Iceland is embarking on a radical plan to abolish the burning of fossil fuels altogether - by transforming itself into the world's first "hydrogen economy".

It aims to run all its transport and even its huge fishing fleet on hydrogen produced in Iceland itself.

SHIRIN WHEELER:
It's the fourth round of the National Monster Jeep Championships, an unmissable date in any Icelandic car lover's diary. This is a top spectator sport in a country which boasts more cars per head than nearly anywhere else in the world.

But Iceland has a driving ambition, to run these and every vehicle on its roads with clean hydrogen fuel. In Iceland's bubbling volcanic landscape, what once sounded like a science fiction fantasy is now taking shape. Iceland is full of natural energy and by harnessing these resources, its waterfalls and hot springs, it wants to become the world's first hydrogen economy.

Over the next 30 years, it aims to do away with polluting fossil fuels like petrol and diesel altogether and replace them with what could be the cleanest fuel on earth. These plans could reduce Iceland's greenhouse gas emissions by 50%.

To make hydrogen you need water and electricity. Iceland has plenty of water. It can also produce electricity cheaply and cleanly, hydropower from its glacial rivers and waterfalls. From its craters and crevices, huge stores of underground heat. Only 5% of geothermal power has been tapped so far. One day, Iceland thinks it could use it to provide enough green electricity to make hydrogen for itself and to export to other parts of the world.

For years Bragi Arnason was dismissed as a crank. Now they're listening. This is the model he shows to politicians visiting his labs at Reykjavik university, eager to hear how hydrogen could provide answers to global warming and the world's energy problems.

Professor BRAGI ARNASON:
(Chemistry Department, Reykjavik University)
Our vision is that when we have transformed Iceland into a hydrogen economy, then we are completely independent of imported fossil fuel. There will be no greenhouse gas emissions from our fuel.

WHEELER:
When water is zapped with electricity and electrolysed, it splits into oxygen and hydrogen. In Iceland they'll use geothermal and hydropower to make that clean electricity. Other countries could use power from wind or the sun. The hydrogen fuel can then be used to power an electric motor via fuel cells in a vehicle acting like a generator. The only emission is pure water.

Professor Arnason is realistic. Iceland's transformation into a hydrogen society will take time.

Professor ARNASON:
People my age will see the beginning. My children will see the transformation. And this will be the energy system when my grandchildren are grown. It's a good vision.

WHEELER:
Icelanders won't have to wait long to board hydrogen-powered vehicles. Next spring, the first buses fuelled by hydrogen arrive on the streets of Reykjavik. They'll look like this, but equipped with their silent fuel cells, there'll be some critical differences.

MARIA MAACK:
(Icelandic New Energy Ltd)
Equipment will be stored in the back of the bus. The hydrogen fuel itself will be loaded on top of the bus, because if something leaks it would go out into the atmosphere. It is not harming in any way.

WHEELER:
The buses are designed by the car company Daimler Chrysler, one of several foreign companies joining Icelandic business to steer though the big changes ahead.

MARIA MAACK:
Some people think we're being used as guinea pigs. But this idea was an Icelandic initiative. It's not as if the government is paying huge amounts like foreign companies to come in and use us. It's because we want to try it.

WHEELER:
Just off Reykjavik's busiest road, the construction of Iceland's first Hydrogen filling station is about to begin. Vehicles will simply refuel in the forecourt, as in petrol stations. The plans have been finalised with one of the world's biggest oil companies putting up the money.

Why would a company like you want to be involved in this?

MARGRET GUDMUNDSDOTTIR:
(Shell Hydrogen Iceland)
Because we are distributing energy. If you're distributing oil or hydrogen...

WHEELER:
You're distributing fossil fuels, the very thing this project wants to do away with.

MARGRET GUDMUNDSDOTTIR:
Yes, but then we just start distributing hydrogen. We're working with the future as well. We cannot stay behind and just die.

WHEELER:
After buses and private cars, Iceland is looking out to sea. Iceland's fishing fleet is the country's biggest consumer of fossil fuel. Fish is its biggest export. Converting the fleet to hydrogen had seemed decades away. But the whole project is riding on such a big wave of interest from foreign companies, that the money's there to pay for the first hydrogen-powered vessel.

What still eludes the scientists is how to store enough hydrogen, especially on boats that sometimes stay at sea for weeks. The whole project's success could hang on this.

In the meantime, this boat's crew would be delighted to see the end of oil.

HALLDOR THORGEIRSSON:
(Captain, "Adalborg II")
We don't like oil. It stinks. It's expensive. It's made everything dirty. So, if we can use hydrogen, it will be very nice.

WHEELER:
On land, most Icelandic homes are already free of oil, coal and gas. Naturally heated water is piped into to their houses from huge storage tanks.

One of the big reasons that foreign investors think this is the ideal testing ground for the hydrogen project is that it's no stranger to audacious energy changeovers. 50 years ago, the country began a radical transformation of its electricity and heating systems. Now Reykjavik is entirely heated by geothermal power. Built on top of underground molten rock, the water is heated at plants like Svartsengi. In its warm overspill, surrounded by lava fields, locals come to relax in the Blue Lagoon.

Icelanders are enthusiastic about most new technology and people here seem confident the hydrogen project will work.

UNNAMED MAN:
We have steam energy and hydrogen as well. Iceland should be proud of that.

UNNAMED WOMAN:
It's important for a small nation like Iceland to try. We are optimistic people and we like to try new things.

UNNAMED MAN 2:
If Icelanders can do it, everybody can do it. People will look at this small island and think, "They did it, so why not us?"

WHEELER:
But despite its extensive use of geothermal power, Iceland produces quite high carbon dioxide emissions. It was slow to sign up to the Kyoto agreement on limiting greenhouses gases. It wanted, and got, exceptions to allow its aluminium industry to develop. The smelters here emit carbon dioxide but they also use clean hydropower. But if heavy industry and hydrogen production are competing for some of the same natural resources, environmentalists want to be sure that unsightly dams don't damage Iceland's countryside.

OLAFUR ANDRESSON:
(Icelandic Nature Conservation Assoc.)
It's not unlimited. You have to think environmentally when it comes to hydrogen power. We really have to be consistent in minimising the environmental impact. We're going to clean energy. We want a cleaner environment.

WHEELER:
But the country's leaders insist that hydrogen is the best solution. Iceland's President lives in a house which was once the seat of the island's Danish rulers. Now its become a symbol of Iceland's independence. The government says hydrogen would guarantee its economic independence and free Iceland from a reliance on imported oil. But President Grimsson's idea is even bigger.

OLAFUR RAGNAR GRIMSSON:
(President of Iceland)
Iceland is in a way serving us the model of the society of the future. The society which is environmentally sound. Which is based on renewable energy and on a way of life which doesn't really destroy the life or the atmosphere or the bio-system that we have. There's a lot at stake. When they came to me with these ideas about four or five years ago and they there were President's of the foreign companies explained their interests I thought it was a fascinated possibility for Iceland to play a major part in the search for new forms of energy and to save for a better future for mankind.

WHEELER:
Iceland has now begun its journey towards a future free of fossil fuels and greenhouse gases. One day it may export its new clean hydrogen. For now the rest of the world is waiting to see if this small country can show the way ahead.

This transcript was produced from the teletext subtitles that are generated live for Newsnight. It has been checked against the programme as broadcast, however Newsnight can accept no responsibility for any factual inaccuracies. We will be happy to correct serious errors.

Shirin Wheeler reported from Iceland.
Title: Re: ICELAND of the FREE
Post by: citizenx on July 21, 2010, 03:41:29 pm
So, basically the country is already using environmentally-friendly energy and is relatively independent of foreign oil, but the banksters want to push them that much faster into the futrure so they can be the poster children for the new hydrogen economy they want to sell us as cover for the CCX and global carbon taxes.

"See what a shiny new energy system you can have if we force you to change?"
Title: Re: ICELAND of the FREE
Post by: Letsbereal on July 21, 2010, 03:46:14 pm
Björk - Declare Independence
http://www.youtube.com/watch?v=4P5xSntVWQE
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on July 22, 2010, 08:50:49 am
So, basically the country is already using environmentally-friendly energy and is relatively independent of foreign oil, but the banksters want to push them that much faster into the futrure so they can be the poster children for the new hydrogen economy they want to sell us as cover for the CCX and global carbon taxes.

"See what a shiny new energy system you can have if we force you to change?"

YES

Worse still was the promise of delivering the clean green energy to Europe.


See, its not a case of secret technology or rocket science, the answers already exist but are forbidden.
Title: Re: ICELAND of the FREE
Post by: citizenx on July 22, 2010, 08:53:23 am
I thought I got it.

What a scam!

Once again, go Iceland.  Fight the bastards.
Title: Re: ICELAND of the FREE
Post by: Brocke on July 25, 2010, 01:58:02 am

Iceland wake up!

Monday, February 15, 2010
In: Economy, Iceland

This is a wake up call to Icelanders. A wake up call to get out of their shells and do something.

Problem is, they are afraid. So scared that they are like in coma. Like little kids hiding in corners afraid to lift their little heads so they wont be found. It's really sad considering we are talking about the closest descendants of viking known to exist.

Iceland is infested with corruption. That's a fact and everybody knows it. Only few are willing to take some action, not to mention to talk about it, except few independent journalists. The rest is either either deaf, dumb or blind.

It could have been a great opportunity for Iceland to clean its stables and start something new. To get rid of all the mob families that control this country and hold it from its balls. Changing of government was a joke and everybody realize it now. They same corrupt oligarch are still in power, moving things like this place is their private puppet show. Two years have passes since this woman (give me hope Johanna) took over and now what? AbsoF*CKenluley nothing. Icelanders still can't buy foreign currency and the Icelandic Krona is nothing more than a fancy toilet paper with figures of dead people on it.

It's real sad considering the possibilities this small nation has. Running Iceland, is practically like running a business, there are probably companies with more employees than Iceland's work labor...

More here
http://www.9uy.info/2010/02/iceland-wake-up.html
Title: Re: ICELAND of the FREE
Post by: Brocke on July 25, 2010, 05:16:37 am

Arctic Meltdown: The Financial Crisis in Iceland
http://www.youtube.com/watch?v=yckhZj_A2M4
Hildagunnar Hauksdottir, 43, lost her job at one of Iceland's largest banks Landsbanki and never knew how well she had it until it all collapsed. In October 2008, Iceland's financial system toppled, taking with it retirement savings, jobs, and hopes. Now, Icelanders struggle to move forward amidst rising unemployment and soaring prices. What happened?


Iceland Declared a state of Terror by Prime minister Gordon Brown.
http://www.youtube.com/watch?v=OTYOqsQG59c

Was Iceland a Target for Economic Hit Men? - John Perkins
http://www.youtube.com/watch?v=vYzSDw-3r5I
John Perkins, author of Hoodwinked and Confessions of an Economic Hit Man, blames Iceland's economic collapse on the tactics of economic hit men from multi-national corporations .

JOHN PERKINS - Ex Economic Hitman Icelandic TV
http://www.youtube.com/watch?v=AMcJflvA7GQ

Max Keiser: Predicting the collapse of Iceland
http://www.youtube.com/watch?v=wFzUR1k3ku4

AMERICAN OFFICIAL PROPAGANDA VERSION
The financial crash in Iceland in 6 minutes according to ABC´s 20/20.
http://www.youtube.com/watch?v=X35R_3ZN-t8

IMF OFFICIAL PROPAGANDA VERSION
The Iceland Financial Crisis Explained
http://www.youtube.com/watch?v=jgQNOL3LL4Q


Iceland's Financial Crisis How it all began (1/2) (NWO ECONOMICS SERIES/ Destruction Of Nations)
http://www.youtube.com/watch?v=IPjMt5u3AH4
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 05:06:01 am

Magma trying to buy all Iceland energy,according to Bjork in Iceland

Tuesday, August 3, 2010

Bjork is in Helsinki ,Finnland,where she is promoting a 3d animated film on the Finnish Moomin cartoon characters, for which she composed and sings the theme song.

At the press conference she also said that  "Magma is checking out if they could buy out all Iceland's energy sources," According to Bjork , Magma "has a reputation of working with the International Monetary Fund and buying up the energy sources of countries on the verge of bankruptcy," Bjork said, and claiming  that Magma has "already shown interest in buying up at least five other energy companies in Iceland."

Bjork is leading a campain against foreign take overs of Icelands natural power resources.

More here
http://iceland-dori.blogspot.com/2010/08/magma-trying-to-buy-all-iceland.html
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 05:10:30 am

Iceland Parliament Rebels Against Bank Aid as Insolvencies Loom

By Omar R. Valdimarsson - Aug 2, 2010

Iceland’s parliament may block any government attempt to recapitalize the island’s banks after a court ruling threatened to leave some lenders insolvent, opposition party leaders and coalition members said.

Thirty-five lawmakers in the 63-seat Reykjavik-based assembly plan to vote against any government proposal to rescue lenders, according to all opposition party heads and six members of the coalition contacted by Bloomberg. The government, which can’t bail out the banks for a second time in as many years without parliamentary backing, may need to support the industry after a June 16 court ruling made them liable for currency losses on as much as $28 billion in loans.

Iceland’s government debt, which had Moody’s Investors Service top Aaa grade until May 2008, will reach 150 percent of gross domestic product this year, the rating company estimates. Moody’s said last week it may cut Iceland’s credit grade to junk if the state is forced to increase its debt burden to generate cash for the banks. The June court ruling may cost the island’s banks between $1.1 billion and $4.3 billion, the government and the country’s financial regulator estimate...

more here
http://www.topix.com/forum/world/iceland/TIMEE6HRKD96TTQO2
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 04:10:25 pm

Minister of Industry to Submit Power Privatization Bill

6/8/2010
Words by Paul Nikolov

In response to the Magma Energy controversy, Minister of Industry Katrín Júlíusdóttir told the television news show Kastljósið last night that she intends to submit a bill to parliament which would change the way municipalities do business with private companies.

The bill in question would limit the number of years a private business could be in contract with an Icelandic municipality with regards to power companies. The bill is in response to the length of Magma Energy's contract with the town of Reykjanesbær. Magma Energy has exclusive rights to geothermal exploration and use in the Reykjanes area for the next 65 years - provided the Icelandic government, which has temporarily frozen Magma's purchase of HS Orka, doesn't ultimately kill the deal.

The minister also said that she doesn't necessarily see a reason to fear private enterprise in the energy sector. When the previous conservative government privatized energy companies, they left the door open for private concerns to purchase them. The minister has previously argued that the nationality of the private enterprises in question should not especially matter.

If the minister's bill passes into law, private companies - regardless of national origin - would be much more greatly limited in how long they could engage in contracts with municipalities. The Icelandic Chamber of Commerce has already criticized the government for being too strict when it comes to laws on foreign private investors.

More here
http://www.grapevine.is/News/ReadArticle/Minister-of-Industry-to-Submit-Power-Privatization-Bill
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 04:19:06 pm

07/08/2010

Hundreds Lose Jobs in Mass Layoffs in Iceland

A total of 430 people have lost their jobs through 18 mass layoffs so far this year. In July alone 89 people were laid off en masse, as stated in a news item on the website of the Directorate of Labor.

Both companies that gave notice to their employees through mass layoffs in July operate in the construction sector. The reason is lack of projects, visir.is reports.

The people who lost their jobs last month will work until September or October, after that they will join the large group of people registered as unemployed; their number is currently 14,360.

More here
http://www.icelandreview.com/icelandreview/daily_news/?cat_id=29314&ew_0_a_id=366183
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 04:23:10 pm


06/08/2010 | 16:00

Eighty Kaupthing Bankers Face Charges

Around 80 employees of the now defunct Kaupthing Bank have been sued for buying shares in the bank. These people were served with the lawsuit about a month ago and since then the adjournment has been used to seek other solutions.

Ólafur Gardarsson, chairman of the Kaupthing winding-up committee, told Vidskiptabladid business weekly that most of these employees bought shares for relatively low amounts, under ISK 15 million (USD 127,000, EUR 96,000).

However, there are also examples of much higher amounts, he added. The aim is now to solve individual cases through debt settlement without court intervention.

More here
http://www.icelandreview.com/icelandreview/daily_news/?cat_id=16539&ew_0_a_id=366180
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 04:33:28 pm

04/08/2010 | 11:28

Committee to Evaluate Legality of Magma Acquisition

Prime Minister of Iceland Jóhanna Sigurdardóttir has appointed a committee to reevaluate the legality of Canadian Magma Energy’s acquisition of Icelandic energy company HS Orka and the work environment of the energy industry in Iceland.

(http://www.icelandreview.com/icelandreview/upload/images/news/almennt/johannasig-feb08_go.jpg)
Prime Minister of Iceland Jóhanna Sigurdardóttir. Photo by Geir Ólafsson.

According to ruv.is, the committee will compile an independent report on Magma’s acquisition of HS through a subsidiary in Sweden and determine its legality.

The committee will also provide a legal evaluation of whether the acquisition is in compliance with the Icelandic law and EEA regulations.

In the process, the committee will estimate whether or not it is important in this context if the Swedish subsidiary is involved in any actual operations, whether the buyer is Canadian or Swedish and what part the Canadian parent company plays in taking care of or being responsible for payments because of its trade and operations in Iceland.

Furthermore, the committee is to investigate whether Magma’s acquisition of HS is in compliance with the main regulations and goals of the Icelandic law on natural resources and energy harnessing and especially in regard to the EEA agreement.

On the basis of the investigation, the committee is then to express its opinion on whether there is reason for the Icelandic government to seek ways to interfere with the acquisition.

more
http://www.icelandreview.com/icelandreview/daily_news/?cat_id=16567&ew_0_a_id=366044
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 04:46:11 pm

Bitter battle over mackerel quotas hots up
Wednesday, 04 August 2010 17:39

THE EU and Norwegian pelagic industries said today they were joining forces to demand tough action against the "irresponsible” mackerel fishing by Iceland and Faroe.

In a joint statement issued this afternoon, both pelagic sectors said the EU and Norwegian pelagic fleet owners had an urgent meeting yesterday in London to discuss the “very worrying” situation in the mackerel fisheries, caused by the “irresponsible behaviour” of Iceland and the Faroe Islands.

After setting 130,000 tonnes of autonomous mackerel quota by Iceland earlier this year the Faroese government decided last week to set an autonomous mackerel quota of 85,000 tonnes.

But both decisions went directly against the scientific advice for this “most important” pelagic stock in the North East Atlantic.

The EU and Norway  meanwhile, stuck to the agreed management plan for mackerel and have set their quota fully in accordance with the scientific advice.

The statement went on that EU and Norwegian vessel owners welcomed the decision of the Norwegian government to prohibit landings of mackerel by Faroese or Icelandic vessels in Norway and they called upon the European Commission and member states to do the same.

more
http://www.fishnewseu.com/latest-news/world/4025-bitter-battle-overmackerel-quotas-hots-up.html
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 05:00:04 pm

Iceland’s mackerel fishery is legal and responsible, say vessel owners

Thursday, 05 August 2010 16:21

THE escalating row over Icelandic and Faroese mackerel quotas went a stage further tonight when the Federation of Icelandic Fishing Vessel Owners maintained that Iceland’s mackerel fishery is “legal and responsible.”

Hard on the heels of a call from a leading Icelandic figure that Iceland should be able to take advantage of changed mackerel migratory patterns, the Icelandic federation moved to assert that accusations being levelled at Iceland were “totally unfounded.”

For the Icelandic vessel owners told fishnewseu.com that they totally rejected the claims that Iceland was acting irresponsibly levelled at them by EU and Norwegian fishery interests again this week.

And they added that Iceland has “every right to fish for mackerel within the Icelandic jurisdiction” just as Norway and the EU have the right to fish for mackerel in their respective jurisdictions. “Iceland’s mackerel fishery is therefore equally as legitimate as the EU’s and Norway’s,” the Icelandic federation contended.

They added that:

As Iceland was not admitted to negotiations for the mackerel fishery of 2010, Iceland set itself a unilateral quota of 130 000 tonnes; this was done prior to the completion of negotiations and decisions by other parties so that they could take responsible account of Iceland’s quota in their own decisions if they wished.

There is no comprehensive agreement for the integrated management of the mackerel fishery. Norway and the EU have seriously undermined the credibility of their own management scheme for more than a decade by unlawfully blocking the participation of Iceland in mackerel negotiations. The current lack of an agreement for the integrated management of mackerel is a direct consequence of this regrettable behaviour by Norway and the EU.

The Norwegian and the EU industries have called for an immediate import ban on fresh and frozen seafood products from Iceland. Norway and the EU do not have the right to ban imports of Icelandic fishery products because of our mackerel fishery.  Such action would constitute a violation of the EFTA, GATT and EEA agreements.

Iceland is a coastal state and fisheries in the Icelandic EEZ are therefore managed by Iceland and not through the North East Atlantic Fisheries Commisson - NEAFC. According to the United Nations Convention on the Law of the Sea (UNCLOS) and the 1995 UN Fish Stocks Agreement, Norway and the EU have an obligation to negotiate with Iceland.

more here
http://www.fishnewseu.com/latest-news/world/4037-icelands-mackerel-fishery-is-legal-and-responsible-say-vessel-owners.html
Title: Re: ICELAND of the FREE
Post by: Brocke on August 07, 2010, 05:12:51 pm

Iceland Economy

GDP (2009): $12.0 billion.
GDP growth rate: (2007) 3.8%; (2008) 1.3%; (2009) -6.5%.
Per capita GDP (2009): $37,622.
Inflation rate: (2008) 18.1%; (2009) 7.5%.
Central government budget: (2009) $4.5 billion; (2010 proposed) $4.5 billion.
Annual budget deficit: (2009 estimated) $1.2 billion; (2010 proposed) $790 million.
Net central government debt: (2007) 10.3% of GDP; (2008 estimated) 41.3% of GDP; (2009 estimated) 78% of GDP.

Natural resources
: Marine products, hydroelectric and geothermal power.

Agriculture: Products--potatoes, tomatoes, cucumbers, carrots, roses, livestock.
Industry: Types--aluminum smelting, fishing and fish processing technology, ferro-silicon alloy production, hydro and geothermal power, tourism, information technology.

Trade: Exports of goods (2009)--$4.0 billion:
marine products 41.7%;
industrial products 48.6%;
agricultural products 1.5%;
and miscellaneous 8.2%.

Partners (2009)--EEA 83.5% (Netherlands 30.7%, U.K. 12.8%, Germany 11.3%, Spain 4.8%, Norway 5.8%); U.S. 3.9% ($155.3 million).

Imports (2009)--$3.3 billion: industrial supplies 30.4%; capital goods, parts, accessories 21.5%; consumer goods 15.6%; transport equipment 9.7%; food and beverages 10.2%; fuels and lubricants 12.4%. Partners (2009)--EEA 64.8% (Germany 8.3%, Sweden 8.1%, Netherlands 8.6%, Denmark 7.3%, U.K. 4.5%, Norway 13.0%); U.S. 6.9% ($248 million); China 5.0%; Japan 3.4%.

more
http://www.state.gov/r/pa/ei/bgn/3396.htm
Title: Re: ICELAND of the FREE
Post by: Brocke on August 10, 2010, 01:11:04 am

Northern Lights activity increases in Iceland

(http://www.abercrombiekent.co.uk/images/northern-lights-iceland_1.jpg)

Posted on09 August 2010. Tags: Arctic Circle, Aurora Borealis, Icelandair, Northern Lights, Solar Tsunami

The visibility of the Northern Lights across Iceland is set to grow throughout August and September due to increased solar activity, scientists say.

It has been revealed that increased levels of gas particles caused by a ‘solar tsunami’ from the sun have been interacting with the Earth’s magnetic field. The sun’s own magnetic fields have been dragging open and snapping back the Earth’s magnetic field, creating a continuous loop around the Earth, which then produces electrical currents that excite the gases in our atmosphere, eventually causing them to glow. These green, blue, purple and red colours are know as the Northern Lights, or the Aurora Borealis.

More here
http://www.icenews.is/index.php/2010/08/09/northern-lights-activity-increases-in-iceland/
Title: Microsoft founder Paul Allen's secret Iceland visit
Post by: Brocke on August 12, 2010, 08:37:53 am

Microsoft founder Paul Allen in Iceland visit

(http://www.fayerwayer.com/up/2007/02/octopus-paul-allen-yacht.jpg)
Paul Allen's yacht Octopus

Posted 08 August 2010.

Paul Allen, one of the world’s richest men and founder of the software giant Microsoft, has been visiting Iceland’s capital, Reykjavik, over the past week. He is staying on board his yacht, Octopus and it is said that he and his team have been diving down to shipwrecks just off the coasts of Iceland.

Allen has been seen around town, last Thursday he was seen at one of the local hamburger joints “Hamburgarabullan” and souvenir shops by Skolavordustigur, where his two luxury cars and bodyguards were seen shop hopping, buying memorabilia to take home from Iceland.

As mentioned before on IceNews, Allen’s visit to Iceland been shrouded in secrecy. There have however been stories of him and his team deep diving of the coast of the capital using his private submarines.

IceNews sources claim that expedition members have been securing permission from the Icelandic authorities to use the yacht’s submarines in different spots around country – among other things to examine shipwrecks. Other than that very little is known about Paul Allen’s trip to Iceland.

more
http://www.icenews.is/index.php/2010/08/08/microsoft-founder-paul-allen-in-iceland-visit/
Title: Re: ICELAND of the FREE
Post by: Brocke on August 12, 2010, 08:52:12 am

Gulf of Mexico spill giving Iceland cold feet

Posted on11 August 2010. Tags: dragon area, drekkasvæði, gulf of mexico, Iceland, Oil, usa

Katrin Juliusdottir, Iceland’s Minister for Industry says that interest in giving out test drill licences for the oil search in Iceland’s Dragon Area has decreased following the Gulf of Mexico disaster.

The Icelandic government offered tenders on two test drill licences last year but decided not to grant any in the end. Juliusdottir explains that the official plan remains to offer licences again next year; but that the government is not as enthusiastic any more.

She told RUV that she would find it difficult to carry on with the Iceland oil project as if nothing has happened: the Gulf of Mexico oil spill is a very serious matter, she said.

She said that no governmental decision has yet been made on the future of Iceland’s search for black gold; but added that she, as industry minister, cannot carry the project on without looking closely at the project from every angle.

More
http://www.icenews.is/index.php/2010/08/11/gulf-of-mexico-spill-giving-iceland-cold-feet/
Title: Re: ICELAND of the FREE
Post by: shipgeek on August 12, 2010, 08:55:38 am
Hmmm... this is very bizarre...

I saw Octopus last Saturday - just a few days back - off the Cape at Cap Ferrat, French Riviera (most upprer-crust scenic area where Paul Allen owns a mansion) along with his second mega-yacht Tatoosh. I had no idea they were heading to Iceland.

I had never seen both mega-yachts at sea at the same time. I was wondering why he needed to have both his mega-yachts cruising in the exact same area by his property, very near to one another.

Mega-yacht Octopus is frequently seen cruising around Monte Carlo. Antibes being its regular mooring location.
Title: Re: ICELAND of the FREE
Post by: Brocke on August 12, 2010, 07:47:40 pm
Hmmm... this is very bizarre...

I saw Octopus last Saturday - just a few days back - off the Cape at Cap Ferrat, French Riviera (most upprer-crust scenic area where Paul Allen owns a mansion) along with his second mega-yacht Tatoosh. I had no idea they were heading to Iceland.

I had never seen both mega-yachts at sea at the same time. I was wondering why he needed to have both his mega-yachts cruising in the exact same area by his property, very near to one another.

Mega-yacht Octopus is frequently seen cruising around Monte Carlo. Antibes being its regular mooring location.


27/07/2010 | 09:00

One of World’s Largest Cruisers Heads for Reykjavík

The luxury cruiser Octopus, which is among the largest cruisers in the world, is currently on its way to Iceland. It is expected to cast anchors in Reykjavík harbor on Friday.

According to visir.is, Octopus is 126-meters long, 50-60 meters longer than the longest trawlers in the Icelandic fishing fleet.

Octopus ranks as the world’s ninth largest cruiser which is neither owned by a state nor a head of state. There are two helicopters on board and two small submarines.

The cruiser is owned by Paul Allen, co-founder of Microsoft along with Bill Gates. It is not known what the passengers intend to explore when they get to Iceland.

More
http://www.icelandreview.com/icelandreview/daily_news/?cat_id=16567&ew_0_a_id=365728
Title: Re: ICELAND of the FREE
Post by: Brocke on August 12, 2010, 08:04:50 pm


Whole country - earthquakes during the last 48 hours
http://en.vedur.is/earthquakes-and-volcanism/earthquakes/

(http://en.vedur.is/photos/jarisls/100813_0050.png)
(http://en.vedur.is/img/quake-legend_en.gif)

Time and magnitude of earthquake   13 Aug 00:50 GMT
(http://en.vedur.is/photos/jarisls_rit/100813_0050.png)



USGS Earthquake Hazards Program - Iceland Seismicity Map
(http://earthquake.usgs.gov/earthquakes/world/iceland/images/iceland.gif)
http://earthquake.usgs.gov/earthquakes/world/iceland/seismicity.php
Title: Re: ICELAND of the FREE
Post by: Brocke on August 14, 2010, 03:10:17 pm

Protester arrested in Iceland

Saturday, August 14, 2010

A lady was protesting in front of the Goverment building in Reykjavik,on tuesday.
She was alone,and was feeding the seagulls with bread.

The lady was protesting how the goverment is dealing with the elderly and the disabled.
The elderly and disabled are getting less pension,and are having a bad time here in ICeland.
But the lady ,who was protesting ,leagally in front of the goverment building was arrested.
A police officer,guarding the building came out and told the police to arrest her.
According  to the media in Iceland, the Prime Ministers assistance man,called the police ,and told them to take the protester away.

http://iceland-dori.blogspot.com/2010/08/protester-arrested-in-iceland-video.html
Title: Re: ICELAND of the FREE
Post by: Brocke on August 14, 2010, 03:12:10 pm

Pressure building on Icelandic minister

Posted on14 August 2010

Pressure is mounting on Iceland’s Minister of Trade, Gylfi Magnusson, to resign over allegations he deliberately misled parliament a year ago.

Magnusson is accused of deliberately hiding material from parliament and the public concerning the discussion on foreign currency indexed car loans when questioned on the matter last summer. Such loans have since been declared illegal by the Supreme Court, meaning a huge bill for the banks, RUV reports.

Magnusson is an unelected government minister drafted in to his post as a respected economist and trusted public figure. He has been a popular appointment overall; but public opinion has swung away from him over this issue.

MPs from The Movement say they will be forced to apply for a vote of no confidence against him when parliament opens again in September if Magnusson fails to resign by himself.

More here
http://www.icenews.is/index.php/2010/08/14/pressure-building-on-icelandic-minister/
Title: Re: ICELAND of the FREE
Post by: Brocke on August 14, 2010, 04:31:30 pm

Conservatives Polling Stronger Than Ever

13.8.2010
Words by Paul Nikolov

The Independence Party is polling high enough to match their previous record in the spring of 2008, while other parties either lose some support or remain unchanged.

According to a poll conducted by Capacent, support for the conservatives in July was at 35%, up two points from June. The Independence Party hasn't polled this high since April 2008. Meanwhile, the Leftist-Greens move in the opposite direction, dropping by two points to 19%.

Other parties remain relatively unchanged. The Social Democrats come in at 24%, the Progressives at 12%, and The Movement at 4%. All others polled said they would vote for other parties, among them The Civic Movement (2%) and The Best Party (2%).

Support for the Social Democrat/Leftist-Green ruling coalition has gone down for the third month in a row, and now ranks at 38%, the lowest support they've had since forming an emergency coalition in February 2009...

http://www.grapevine.is/News/ReadArticle/Conservatives-Polling-Stronger-Than-Ever
Title: Re: ICELAND of the FREE
Post by: Brocke on August 17, 2010, 05:35:48 am

Another round of formal Icesave talks to start

Posted on17 August 2010

Formal discussions over the Icesave dispute between Iceland, the Netherlands and the United Kingdom have been scheduled for the beginning of September.

Icelandic officials confirmed the news to AFP news agency. The three countries have not met to work out a deal in the dispute since early in July. Those negotiations were held in Iceland. According to RUV there have been informal talks between the three countries in recent days and weeks and it has now been decided to hold more formal talks at the beginning of the month.

An agreement between the three countries has been reached twice. The first time, the Icelandic parliament voted to support the payment deal with amendments that the British and Dutch felt they could not accept; and the second deal was rejected in a national referendum held in Iceland this March.

More here
http://www.icenews.is/index.php/2010/08/17/another-round-of-formal-icesave-talks-to-start/
Title: Re: ICELAND of the FREE
Post by: Brocke on August 17, 2010, 05:45:28 am

PM's Magma Committee Given Extension

17.8.2010
Words by Paul Nikolov

The committee put together by Prime Minister Jóhanna Sigurðardóttir in order to assess the legality of Magma Energy's purchase of HS Orka through the use of a Sweden-based puppet company has been given an extension to submit its findings.

Last month, the Icelandic government put a freeze on the sale of HS Orka to the Canadian-based company in order to do further investigation. A committee was soon assembled to do just that. Led by former Supreme Court judge Hjördís Hákonardóttir, the committee was turn submit findings this month.

However, PM assistant Hrannar B. Arnarsson told RÚV that the committee has needed more time to do their job, and so it has been granted. He would not comment further on the matter except to say that their findings are (tentatively) scheduled to be submitted at the end of the month.

In the meantime, the company has not yet made the final payment on HS Orka, and their investors are, according to Magma CEO Ross Beaty, "starting to get nervous".

More
http://www.grapevine.is/News/ReadArticle/PMs-Magma-Committee-Given-Extension
Title: Re: ICELAND of the FREE
Post by: Brocke on August 17, 2010, 05:52:51 am

Justice Minister Wants to Expand Police Powers Drastically

(http://www.grapevine.is/media/w490/41ba3c9f22128ee2.jpg)

16.8.2010
Words by Paul Nikolov

Minister of Justice Ragna Árnadóttir is seeking to give police the right to search someone's home even if they are not suspected of committing a crime or even intending to commit a crime. Vísir reports that the minister has assembled a committee to prepare a bill for parliament asking for expressly these powers.

The minister herself admits that the idea is "controversial", but that "after having received articles, information and files, among other things regarding organized crime in Iceland, I believe that I have no other option but to respond." She adds that the search warrants would be very specific with regards to what they were looking for.

The focus on organized crime is a telling one, though - last November, the minister assembled a work group to see how the government could increase supervision of foreigners, in the hopes of decreasing organized crime. In a statement from the ministry at the time, they said that they intended to focus their efforts both on foreigners who originate from countries that are allowed freedom of movement in and out of Iceland, and those which require visas to enter. Among the ideas brought up were a temporary passport supervisory authority, as well as an "unofficial" border patrol and domestic supervisory authority. The work group, as reported on Vísir, appeared to be comprised solely of policemen. No foreigners, or groups representing immigrant rights issues in Iceland, appear to have been invited.

If the minister's bill becomes law, police would have the right to search anyone, anytime, regardless of what they are suspected of having done or will do - if anything.

More
http://www.grapevine.is/News/ReadArticle/Justice-Minister-Wants-to-Expand-Police-Powers-Drastically
Title: Re: ICELAND of the FREE
Post by: Brocke on August 26, 2010, 04:12:35 am

An Army of Us: Magma Energy vs. Iceland (So Far)

19.8.2010
Words by Paul F. Nikolov

By now most of our readers are probably familiar with the ongoing saga of Magma Energy—a Canadian-based energy company—and their troubles getting any sort of even footing in Iceland. On many occasions, it seems that Magma Iceland CEO Ásgeir Margeirsson and artist Björk Guðmundsdóttir are debating each other through the media. Meanwhile, the Icelandic government is trying to come to terms with the whole thing, and the mayor of Reykjanesbær thinks entirely too much about whether or not Björk files taxes in Iceland. It can get confusing. Fortunately, your pals here at the Grapevine are there to make sense of this debacle so you can judge for yourself whether Magma Energy is a voracious capitalist machine or a benevolent job-generating benefactor to Iceland.

First, a little background

Last May, Magma Energy—using a Swedish puppet company to get around an Icelandic law preventing non-Europeans from buying up Icelandic companies—bought itself a majority stake in the Icelandic power company HS Orka. They already acquired a 46% stake in 2009 but, after buying out Geysir Green Energy, which had a 52% stake in HS Orka, their control became near-absolute.

The move came as a surprise to the Grapevine, as Magma Energy CEO Ross Beaty told us in September 2009 that “no, we do not plan on getting a majority [stake of HS Orka]. I have no interest in fighting Icelanders, particularly the government, over what is proper energy policy in the country.” This was a lie. When asked in 2009 if he was taking advantage of Iceland's depressed economic situation, he'd denied this was the case. However, in May of this year he told Hera Research Monthly “We would have been farther along had [the global economic crisis] not happened, although we may not have had opportunities that we took advantage of. For example, going into Iceland was strictly something that could only have happened because Iceland had a calamitous financial meltdown in 2008.”

An outrage ensues

The corporate doublespeak caught national attention, and Icelanders were summarily outraged. They called upon the government to do something to stop this. There was just one problem: the previous conservative government had privatised HS Orka (as well as other local energy companies) by law years ago. And so, as Minister of Industry Katrín Júlíusdóttir pointed out, whether foreign or domestic, private companies had access to buying HS Orka, and the conservatives had paved the way.

In addition, Magma Energy signed a 65-year contract with the town of Reykjanesbær to conduct geothermal exploration in the area (with renewal options for another 65). Reykjanesbær has the highest unemployment rates of any area in Iceland, and has been in a job slump since the NATO base left Keflavík in 2006. And so the promise of revenue and jobs was very appealing to mayor Árni Sigfússon.

Nonetheless, the Leftist-Green Party—one of the coalition partners in the parliamentary majority—called for an immediate review of Magma's purchase of HS Orka. Minister for the Environment Svandís Svavarsdóttir went so far as to say that Magma was "running roughshod over the people", which was in response to Magma's announcement that they intended to do geothermal exploration in the area around national treasure Kerlingafjöll mountain.

It later came to light that Íslandsbanki (formerly Glitnir) had leaked documents to Magma Energy outlining other bids that competitors had made for HS Orka. RÚV reported that Magma Energy was not only informed of what the other two companies were bidding for the shares, but that Magma Energy didn't offer the highest bid. As it turns out, Ásgeir Margeirsson's replacement as head of Geysir Green Energy was Alexander Guðmundsson, who was previously supervisor of Glitnir's financial sector under then-director Lárus Welding.

Enter Björk Guðmundsdóttir

While parliament deliberated on what steps to take next, Björk Guðmundsdóttir emerged as one of the most vocal and relentless critics of the sale of HS Orka, asking what possible benefit a foreign company owning 98% of an Icelandic energy company would have for Iceland. Ross Beaty responded with a “cheeky proposal”, as he put it, for Björk: a 25% stake in HS Orka, at cost prices.

This less-than-serious response only roused the artist to become more vocal against the corporation. A website, orkuaudlindir.is, was set up to host an online petition calling for parliament to block the sale of HS Orka to Magma Energy, and furthermore, for a national referendum to put Iceland's natural resources within public ownership. At the time of this writing, the petition has nearly 17.000 signatures since its inception not even a month ago.

Beaty and Magma Energy were on the defensive immediately. While the corporation scrambled to provide reassurances that they were only interested in helping Iceland develop its energy sector and help its economic recovery, their previous dishonesty about their intentions left many Icelanders sceptical. Apparently, some of these sceptics were in the government: in the last week of July, the government announced that it refused to confirm the sale of HS Orka to Magma Energy, putting a freeze on the takeover. In the meantime, Prime Minister Jóhanna Sigurðardóttir created a special committee with the purpose of investigating the legality of Magma Sweden's purchase of HS Orka, as well as to come up with ideas with regards to drafting legislation keeping natural resources in public ownership.

This move—along with Björk's relentless media campaign against the company, to both foreign and domestic press—has made Magma's investors skittish, as Ross Beaty himself admitted to the Financial Times earlier this month, saying in part, “We do not want to walk away. But we have shareholders who are getting pretty frustrated with what’s happening. We are being made a scapegoat for all the bad business practices leading up to the financial meltdown and the tremendous fear and mistrust it created.” 

Beaty wasn't the only one frustrated. Reykjanesbær mayor Árni Sigfússon said, "Propaganda that a foreign company is using a puppet company to rake in our resources is unfounded," accusing the Icelandic media of "lapping up the propaganda" on the subject, and arguing that a private company conducting this development was better than tax dollars spent on the same thing. He then capped his argument with the bizarre (and possibly untrue but definitely irrelevant) statement that Björk doesn't pay taxes in Iceland.

What now, then?

So where does this leave us now? Well, the government has still frozen the HS Orka sale, and is still investigating Magma. Minister of Industry Katrín Júlíusdóttir has submitted legislation which would limit the lengths of contracts municipalities could make with private energy companies, foreign or domestic. Björk continues to speak out against Magma, and Magma continues to offer assurances that they mean no harm. Whatever the outcome with regards to Magma Energy, the conservatives—who created the environment and the legislation for this to happen—have been noticeably absent from the discussion. Perhaps because Magma Energy is a great example of the failure of Iceland's libertarian right wing policy: privatise it, and all your problems will be solved.

Read more
http://www.grapevine.is/Features/ReadArticle/Magma-Energy-vs-Iceland
Title: Re: ICELAND of the FREE
Post by: Brocke on August 28, 2010, 11:57:31 pm

Young Leftist-Greens Call for Mosque in Reykjavík

27.8.2010
Words by Paul Nikolov

The Young Leftist-Greens of Reykjavík passed a resolution last night calling upon city council to deal at last with the Muslim Association of Iceland's request for a plot of land on which to build a mosque. Reykjavík mayor Jón Gnarr told the Grapevine that the city's Muslims "hopefully won’t have to wait any longer" for a mosque.

"A mosque is just as important a building in the eyes of Muslims as a church is in the eyes of Christians, and it is therefore incomprehensible that city council has repeatedly rejected their request," the statement says in part.

In fact, as the Grapevine reported four years ago, the Muslim Association of Iceland - which numbers close to 500 members today - first applied for a plot of land for a mosque in January 2001. No city majority, on the right or the left, has since approved this request. Meanwhile, other religious organizations - among them, the Ásatrú and the Russian Orthodox church - have seen their requests for plots approved.

Read more: http://www.grapevine.is/News/ReadArticle/Young-Left-Greens-Call-for-Mosque-in-Reykjavik
Title: Re: ICELAND of the FREE
Post by: Brocke on August 29, 2010, 01:11:38 am
To EU Or Not To EU
Kreppa in the International Eye: July
27.8.2010
Words by Marc Vincenz

Iceland’s EU accession talks commenced on July 27, and Bloomberg implied that they were fast tracked to July primarily due to increased pressure from Britain and the Netherlands to settle the Icesave issue. “EU governments sped the talks from a planned September or October start to counter the growing anti-EU mood in Iceland. Opposition to EU membership rose to 60 percent in June from 54 percent in a November [according to a Capacent Gallup poll].” And although the Icesave issue is not formally being discussed during the EU accession talks, Deutsche Welle points out that, “it could end up being a stumbling block to eventual membership. Fulfilment of EFTA rules is necessary to qualify for EU membership, and those rules require Iceland to resolve its debt...”

On this first day of talks, Foreign Minister Össur Skarphéðinsson told Bloomberg that he felt that the Icelandic people would support joining the EU once the 5.1 billion $ dispute is solved. He also told the foreign media that the Icelandic fisheries sector—in particular, as regards quotas and fishing bans—is not up for discussion. In an interview with Deutsche Welle, France's EU Minister Pierre Lellouche said, “You have to want to join Europe. I don't have the impression from the opinion polls that the Icelanders themselves are very favourable: that’s the problem.” EU ministers appear wary of Iceland repeating Norway’s two-time rejection.

Read more: http://www.grapevine.is/News/ReadArticle/To-EU-Or-Not-To-EU
Title: Re: ICELAND of the FREE
Post by: Brocke on September 01, 2010, 06:51:56 pm
Electricity shock for Reykjavik residents

Posted on29 August 2010.

The debts of Reykjavik Energy went down by ISK 12 billion (USD 99.5 million) between the first and second quarters of this year due to the strengthening krona. Despite that, the company is to increase its prices to consumers by 28.5 percent.

Consumer groups are advising Reykjavik residents to compare prices between energy providers and change if they can get a better deal with a different company.

The price hikes announced on Friday by Reykjavik Energy amount to 28.5 percent; but the competition can only benefit from 11 percent of that amount. The remainder is in standing charges which consumers pay to Reykjavik Energy regardless of which company they buy their electricity from, RUV reports.

Thuridur Hjartardottir, director of The Consumers’ Union, says that there has not been competition in the Reykjavik electricity market since the new energy laws came into effect in 2003. There is now a chance for the first time, despite the price rises, for competition to take hold. She believes that this massive price hike will spur more people to search for a better deal elsewhere – adding that the various energy companies’ prices can be compared on the website www.ns.is.

Read more:
http://www.news.com.au/breaking-news/computer-gamers-battle-japanese-whalers-on-simulated-high-seas/story-e6frfku0-1225913153358
Title: Re: ICELAND of the FREE
Post by: Brocke on October 03, 2010, 04:26:41 am


McDonald's to quit Iceland as Big Mac costs rise

    * David Batty
    * The Guardian, Tuesday 27 October 2009
    * Article history

McDonald's is pulling out of Iceland next week, in a fresh blow to the island nation a year on from a financial crash that nearly left it bankrupt.

The closure of the fast-food giant's three restaurants on Monday means Iceland will become one of the few European countries, including Albania and Bosnia and Herzegovina, without a McDonald's.

Jon Ogmundsson, managing director of Lyst, holder of the McDonald's franchise in Iceland, said the rising cost of importing ingredients and no sign of economic recovery meant the business was no longer financially viable.

He said the cost of McDonald's ingredients, most of which are sourced from Germany, had doubled in the last 18 months as a result of severe depreciation of the Icelandic krona and high import taxes.

A Big Mac in Reykjavik sells for 650 krona (£3.22), but the 20% price rise required to make a decent profit would have increased it to 780 krona (£3.86), which would have made the Icelandic version of the burger the most expensive in the world.

"I've sold more hamburgers in the last few months than ever before, but the cost is prohibitive. It just makes no sense," Ogmundsson told Reuters. "For a kilo of onion, imported from Germany, I'm paying the equivalent of a bottle of good whiskey.".

Read more: http://www.guardian.co.uk/world/2009/oct/27/mcdonalds-to-quit-iceland
Title: Re: ICELAND of the FREE
Post by: AnarchyOK on October 03, 2010, 07:32:32 am
Thats a good thing macca's is gone, this will benefit alot of peoples health lol
Title: Re: ICELAND of the FREE
Post by: Brocke on October 06, 2010, 04:49:08 am
Icelanders stage loud protest outside Parliament

October 4, 2010 By The Associated Press 

(AP) — Thousands of Icelanders angry about the nation's dire economy protested outside Parliament on Monday, ahead of an appearance by the prime minister, police said.

At least a few thousand demonstrators gathered outside the Althingi building in Reykjavik, beating drums to complain that the government was failing to protect their assets in the aftermath of the financial crash of 2008.

http://www.mbl.is/mm/frettir/innlent/2010/10/05/meiddist_a_austurvelli/

Myndatökumenn MBL television were present in the town yesterday and get pictures of protestors. Police said that about 7-8 thousand people were present.
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on October 06, 2010, 05:06:08 am
Population of Reykjavik is about 120,000.. so considering not everybody is between 18-65 the turn out of about 8,000 people for this typical protest is a significant figure.

Just remember The Money and the Bankers are hiding in London.

That the Icelandic Govt previously had a stated aim to convert Iceland to a genuine Hydrogen Economy from free Electric (geo thermal), with ambitions to export to Europe.

"Competition is a SIN"
 -   J.P. Morgan
Title: Re: ICELAND of the FREE
Post by: Brocke on November 06, 2010, 02:37:01 pm

Steering committee?  ???



National Assembly in Iceland takes place tomorrow

Posted on 05 November 2010. Tags: Johanna Sigurdardottir, The National Assembly of 2010, þjóðfundur, Þjóðfundur 2010

The National Assembly of 2010 (Þjóðfundur 2010) will be taking place tomorrow, Saturday 6th November 2010, at the Laugardalsholl in Iceland’s capital city, Reykjavik.

The assembly, organised by a group of grassroots organisations, involves 1,000 Icelandic citizens, all of which were selected by random means from the National Population Register. An additional 4,000 citizens have also been invited to ensure that the full 1,000 attend on the day.

The selection of citizens will represent a cross-section of Icelandic society with attending participants spanning all six constituencies of Iceland. Additionally, there is an equal division between both age and gender; the youngest being 18 and the oldest 89.

Johanna Sigurdardottir, the Prime Minister of Iceland, is among the randomly selected participants invited to the assembly tomorrow, however, it has not yet been confirmed if she is attending the event.

The National Assembly aims to establish viewpoints and feelings of the Icelandic public concerning the organisation of the country’s government and its constitution. The assembly then attempts to influence the government and other decision makers in Iceland with the information gathered.

This will be the second time that an assembly has taken place, the first was on 14th November 2009 following the Icelandic financial crisis of 2008–2009.

http://www.icenews.is/index.php/2010/11/05/national-assembly-in-iceland-takes-place-tomorrow/
Title: Re: ICELAND of the FREE
Post by: Brocke on November 06, 2010, 02:54:30 pm

Majority of aluminium money does not stay in Iceland

Posted on12 October 2010. Tags: aluminium, economy, Environment, Iceland, metal

The majority of funds that went to build the Karahnjukar hydroelectric dam in East Iceland have not found their way back to the Icelandic state and last year more than half of Alcoa’s export revenues were sent overseas.

A new report into the effects of heavy industry on eastern Iceland has just been released. One of the conclusions of the report is that the foreign labour force used to build Karahnjukar was far bigger than predicted – at around 80 percent of all workers. The huge size of the project, the then-low unemployment and the then-high value of the krona are named as reasons.

The report also says that only a portion of the damming costs stayed in the country. Of the ISK 140 billion invested, only a third actually went into the Icelandic economy. The report says that the Alcoa aluminium smelter in Reydarfjordur (which the Karahnjukar dam was built to power) cost ISK 126 billion overall; but of that figure, only ISK 36 billion stayed in Iceland. There is no way of knowing what percentage of the money stayed in the east of Iceland, RUV reports.

On the positive side, the smelter continues to return funds to the economy. Last year it exported ISK 74 billion worth of aluminium and bought electricity from Landsvirkjun for at least eleven billion. The report calculates that ISK 28 billion (or around 40 percent of the export value) remained in the Icelandic economy. That is somewhat higher than previously estimated – partly because tax has been added to the purchase of electricity since the plant opened, thereby increasing tax payments to the treasury.

http://www.icenews.is/index.php/2010/10/12/majority-of-aluminium-money-does-not-stay-in-iceland/
Title: A Federal Nordic State to move towards Sweden, Finland, Norway in the EU
Post by: Brocke on November 06, 2010, 07:49:44 pm
Is a federal Nordic state on the cards?

The Nordic nations together would have economic and political clout – if they could overcome their fierce independent spirits


          o Eirikur Bergmann
          o guardian.co.uk, Tuesday 2 November 2010 15.01 GMT

Today the leaders of the five Nordic states are meeting to discuss the possibility of creating a Nordic federal state. Ever since the Kalmar Union of the kingdoms of Denmark, Norway and Sweden – reaching to Iceland, Greenland, the Faroe Islands, Shetland and Orkney – collapsed in 1523, the idea of reinstating some sort of a supra-national Nordic state regularly crops up. Now this old idea has resurfaced in a book the Swedish history professor Gunnar Wetterberg submitted to the Nordic Council in Reykjavik today.

Wetterberg argues that together the Nordics (Denmark, Finland, Iceland, Norway and Sweden, with the three micro territories the Faroe Islands, Greenland and Aland), will be stronger and more stable and prosperous than they are on their own. After Sweden and Finland joined Denmark in the European Union in 1995, leaving Norway and Iceland in the European Free Trade Association (Efta) (and within the European Economic Area, which brings them in to the European internal market), the Nordic Council has been in search of renewed purpose. Over the last 15 years the cracks have become ever more obvious in Nordic co-operation: it has been downgraded to cover soft policy issues such as culture, while economics and other hard policy has been transferred to the European level.

With a joint government and a parliament based on a common constitution, the federal Nordic state should concentrate on foreign policy and defence, the economy and the labour-market, and research, leaving most other policy areas to the regional authorities in Copenhagen, Helsinki, Oslo, Reykjavik and Stockholm. Wetterberg compares his Nordic federation to the Swiss model and links it with the creation of the UK, France, Spain, Germany and Italy, which he claims developed from a similar situation as the one now found in the Nordics. This Nordic state would have 25 million inhabitants and, because of its wealth, would be one of the larger economies in Europe, equalling that of Spain. Its economic size would secure the federation an influential seat at the G20.

The discussion on a possible federation speaks directly to the fierce debate on Europe still raging in the Nordic states. However culturally and politically homogenous they might be, the Nordics are split on different sides of the EU fence – and while Denmark, Norway and Iceland are founding members of Nato, Sweden and Finland remain neutral. Finland is the only one to have adopted the euro, and Denmark has remained defiant in the face of the continuing changes within the EU and refused to sign up to either the Maastricht treaty or the euro. The Norwegian electorate has twice rejected EU accession. And Iceland only decided to apply for EU membership last year, after the economic crash.

In addition to common European values and identities such as protection of democracy, human rights and being based on Christian heritage within a stable nation state, scholars have also identified a set of joint Nordic values and identities. They include a belief in the welfare state and high taxes, systematic corporatism between government, interested organisations and civil society. These societies are built on Protestant ethics and emphasise equality, with special focus on woman's rights. Most of them share a similar language, and strong national sentiments can be found in all of them – put more negatively, one can even spot a joint xenophobia. Taking into account this sense of a common cultural space, the apparent difference in foreign policy becomes even more interesting.

A Nordic federation might be feasible from and economic and security perspective but if the debate on Europe tells us anything, it is that all of the Nordics guard their independence fiercely. The EU is a supra-national institution of independent states that have pooled sovereignty in specific, limited areas, but joining in a Nordic state, by definition, would end the independence of Denmark, Finland, Iceland, Norway and Sweden and create a completely new state. Wetterberg therefore proposes much greater integration than can be found in the wildest dreams of European federalists.

Read More: http://www.guardian.co.uk/commentisfree/2010/nov/02/nordic-federal-state
Title: Re: ICELAND of the FREE
Post by: Brocke on December 10, 2010, 10:07:25 pm

Icesave deal formally presented in Reykjavik

09 December 2010

Iceland, the Netherlands and the UK have completed the latest draft of a deal to settle the ongoing Icesave dispute. Initial reaction to the deal is largely positive, although the Icelandic parliament has yet to vote on it.

The leader of the Icelandic negotiators, the American lawyer Lee Buchheit, began his introduction to the deal by saying that the main question the negotiators faced was how to make a payment contract for a debt if one will not know the final amount for several years.

Buchheit told reporters that the assets from Old Landsbanki will likely cover the whole Icesave debt given time — although that is impossible to say with any certainty at this stage.

Iceland will begin to pay back the loans to the British and Dutch in 2016 and the length of repayment time will depend on how much of the debt is not covered by Landsbanki assets. If the amount payable by the state is lower than ISK 45 billion (USD 389.1 million), the amount will be paid off very quickly – possibly in just one year. If the amount of the loan is higher, the repayment period will lengthen accordingly – theoretically all the way to the year 2045 in the worst case.

The interest payable to the Dutch is 3 percent and 3.3 percent to the British — the difference coming because of the two countries’ differing loan finance ratings and systems.

read more: http://www.icenews.is/index.php/2010/12/09/icesave-deal-formally-presented-in-reykjavik/
Title: Re: ICELAND of the FREE
Post by: Brocke on December 10, 2010, 10:13:29 pm
PriceWaterhouseCoopers criticised in Landsbanki crash report

Posted on10 December 2010

A report on behalf of Iceland’s Special Prosecutor into the banking crisis says that the Icesave debt upon the Icelandic state would have been massively lower had PricewaterhouseCoopers, Landsbanki’s external auditing company, done its job properly.

According to the report’s Norwegian main author, if PricewaterhouseCoopers had been honest in its reporting of Landsbanki, the bank would have lost its operating licence no later than the end of 2007.

Among other things, the report criticises the auditors for not having flagged up the so-called Icelandic Affair. The Icelandic Group took massive loans from Landsbanki and was allowed to continue borrowing after it became apparent the company would have difficulty servicing its debts. Icelandic Group was saved from being put on Landsbanki’s defaulters’ list by a EUR 40 million loan from Grettir ehf. Grettir ehf. in fact got the 40 million directly from Landsbanki and all three companies involved were owned by Bjorgolfur Gudmundsson.

read more: http://www.icenews.is/index.php/2010/12/10/pricewaterhousecoopers-criticised-in-landsbanki-crash-report/
Title: Re: ICELAND of the FREE
Post by: EvadingGrid on January 06, 2011, 08:42:36 am
bump

Title: Re: ICELAND of the FREE
Post by: jofortruth on July 05, 2015, 06:00:53 pm
Iceland shows the way: Reject Austerity
http://english.pravda.ru/world/americas/28-11-2012/122952-iceland_reject_austerity-0


Quote
When, in September 2008, the economic and financial crisis hit Iceland - a small island in the Atlantic with 320 000 inhabitants - the impact was disastrous, as in the rest of the continent. Financial speculation bankrupted the top three banks, whose total assets were ten times higher than the country's GDP.

Acting against their own forecasts, the IMF welcomed the policy of the Icelandic government - whose measures applied are totally contrary to what the Fund advocates.  In fact, Iceland has a high human development index. "The IMF states that the rescue plan in the  Icelandic mode offers lessons in times of crisis." The organization adds that "the fact that Iceland has managed to preserve the welfare of family units and achieve a far-reaching fiscal consolidation is one of the greatest achievements of the program and the Icelandic government."

However, the IMF omitted the information that these results were only possible because Iceland refused its neoliberal shock therapy and developed a program to encourage an economic and efficient alternative.

Greece vs. Iceland: This simple comparison proves austerity is morally and literally bankrupt
http://www.scriptonitedaily.com/2015/01/30/greece-vs-iceland-this-simple-comparison-proves-austerity-is-morally-and-literally-bankrupt/



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