Thread: Icelandic Blackmail: Max Keiser, Jonsdottir Icelandic Parlia

Monday, March 15, 2010

Icelandic Blackmail Discussion With Max Keiser and Birgitta Jonsdottir, a Member of the Icelandic Parliament

Inquiring minds are watching a pair of interviews with Max Keiser and Birgitta Jonsdottir, a member of the Icelandic Parliament.

Part One

On the Edge with Max Keiser - 12 March 2010
http://www.youtube.com/watch?v=du8DZ2sn ... r_embedded

Part Two

On the Edge with Max Keiser - 12 March 2010

http://www.youtube.com/watch?v=esUPdgHb ... r_embedded

In Iceland Rejects IceSave; Does No Mean No? I said ... http://globaleconomicanalysis.blogspot. ... an-no.html

Notice how Prime Minister Johanna Sigurdardottir calls the will of 93% of Icelandic citizens "obsolete". The reality is she will soon be obsolete and voted out of office. Such arrogance is not tolerated anywhere.

I would suggest that overriding the will of 93% of the population is under-interpreting the message. But hey, to politicians everywhere, no does not mean no, it means whatever the politician wants it to mean.

What's highly dangerous is the attitude that the wishes of 93% of the people is irrelevant.

Icelandic citizens have overwhelmingly spoken. They do not care for the bailouts. They also rightfully believe the Icesave proposal was blackmail, as without it inclusion in the EU would be delayed.

Thus, it's good to see some hardball from someone in the Icelandic parliament. Hopefully Prime Minister Johanna Sigurdardottir will be rewarded for her arrogance and removed in the next election.

The citizens of Iceland think "no means no", so does Birgitta Jonsdottir, and so do I. Best wishes to Iceland.

Mike "Mish" Shedlock

http://globaleconomicanalysis.blogspot. ... h-max.html

Iceland should have gone into portfolio management instead of into commercial banking. Any investment managers or bankers in the house? Care to comment.