Posted on23 December 2009.
The bill on Icelandic state responsibility for Icesave was passed by the country’s parliamentary finance committee yesterday.
It is now clear to go into its third and final debate in the Althingi parliament – most likely between Christmas and New Year.
The opposition members of the committee are said to still have severe reservations and will be using the short Christmas break to prepare their arguments for the debate.
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Agree the bill and it’s bye bye Iceland.
Nearly one year in power and this governments only achievement is to implement taxes which penalise everyone severely.They will force the future of Iceland to emigrate and ensure it takes many decades to recover.
Pots and pans at the ready in the New Year-it’s time to send a message to this government,as well as those in Holland and the UK,that the Icelandic people won’t accept a harsher punishment than the Germans received after WW2.
Icelanders don’t mind paying a reasonable amount to compensate those that lost money but it shouldn’t cripple itself to appease a body(EU)that has shown it cares little for Icelanders welfare and would rather see the rich get richer.
Guðbjartur Hannesson, the chairman of the committee says the new opinion of Mishcon doesn’t change his opinion, “This is just one opinion about the Icesave issue, there is various interesting in the report but in reality it doen’t change anything.” Björn Valur Gíslason, also in the committee, doesn’t see much of value in the opinion….”
Ymislegt fróðlegt … that’s all Hannesson can say, “various interesting things”…
Incredible. This is one of the most important decisions and votes any Icelandic politician will ever make, and the head of the committee in charge of evaluating the agreement dismisses the only thorough discussion of what the contract actually says. No, Althingi can’t wait a few weeks or a month to go over the details, they have to vote now so that they can enjoy the New Years Eve fireworks.
Iceland is hopeless, Islandingum eru ekki vidbjargandi with leaders like this … hopeless.
The best process would be for each MP to toss a coin. Heads for the sovereign guarantee, tails for no sovereign guarantee. Let fate decide.
Jimbo, what Icelandic MP that you know of would ever let the coin leave his hand long enough to flip in the air? It is more likely to be shoved directly into his/her pocket.
Guðbjartur Hannesson like other in Social Democrats clearly from his actions believe in EU at any cost.
They do actually believe that paying this IceSave will in some way get them in good books of EU commission and enlargement.
It will do no such thing. There will be no special favours for Iceland.
And if there is it will just show how desperate EU commission is to get Iceland inside.
>“This is just one opinion about the Icesave issue, there is various interesting in the report but in reality it doen’t change anything.”
Whole point is that only opinion that would matter is opinion of judge, then appeals judges after it.
Only then when an impartial court has invesgitaed all facts of case will IceSave payment demands have the moral authority they need.
To court.
http://www.icenews.is/index.php/2009/12/21/british-lawyers-say-current-icesave-deal-as-good-as-it-gets/comment-page-1/#comment-106683
http://www.icenews.is/index.php/2009/12/19/majority-in-iceland-want-to-reject-icesave-bill/#comment-106692
Thank god for that. People were having sleepless nights in UK since the Iceland economy took the tumble.
Ian.
Good afternoon, just a little word concerning all the people living outside Iceland and who all have been working hard … for the Icelandic banks (Kaupthing, Glinir and old Landsbanki), I mean, we only read about the dramatic situation of the Icelandic country and next generations. I know a few people who were told from 1 day to the other to go home (December 2008), with after tax ISK 200K (average rate ag. EUR) without any premium. Few of them have 3 children, woman home, thanks a lot for the liquidation/bankruptcy of your national banks… great meory for all your life. Am not kidding, you let all the customers with bonds and equities go away, and **** all the others who have liquidity in the bank. What enables banks to make some bsiness ? General system is not sane at all …
Now, the 3 banks are recapitilized, and what ?
Opening again abroad in 2 or 3 years, thanks Miss Merkel… Welcome in Europe, we forget all this, the bill and you join EUROPE… All follks…
“what Icelandic MP that you know of would ever let the coin leave his hand long enough to flip in the air? It is more likely to be shoved directly into his/her pocket.”
Well, our British MPs are more likely to use that government coin towards porn films, duck houses, moat cleaning, etc…
No.
you want us to take on a private bank offered you?
NO!!
ICELANDER said:
“you want us to take on a private bank offered you?”
I don’t see your point, the private Icelandic banks were all bailed out (with billions of euro’s of Icelandic taxpayers money) and the depositors given their savings back. So Icelanders, to a man it would seem, agree that the private banks should be supported.
What you are really saying is that EU depositors should net be treated the same as domestic depositors in contrary to the specific laws that prohibit it.
Lets also not forget the non-EU depositors (IoM and Jersey) who have also been robbed.