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Iceland’s economic thaw a thorn in EU’s side
RT.com ^ | 01.05.2013 | Patrick L Young

Posted on 05/05/2013 8:55:33 AM PDT by Leifur

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Actually it is wrong but often repeated in these latest news stories about Icelands elections that these two parties were in power during the crash. These two parties had overseen the longest period of prosperity in Icelandic history, but the progressives were replaced in the coalition by the social democrats a year earlier when the excessives of the boom were everywhere and those politicians that had warned about it and the economic mishandling by some of the worst companies were beeing sidelined.

The realignment of the coaliion was in fact a behind the scenes coup of those that did not want to rein in the banks and their owners, those that wanted to close their eyes and keep the party going, but still the social democrats managed through their people in the media (we have a powerful state media here) to put the blame on everybody but themselves, so they won big last time.

But now everybody has had enough of their mishandling of the economy and lost opportunities, so much that the left splintered into many parties, (14 parties in total competed, 4 on the left got in) and the two governing parties replaced their heads to try to distance themselves from the government.

It was not because of supposed austerity which media outlets abroad have latched on in a way to spin the news here to their own ends back in their home countries. There was no austerity, at least no signicant cutting of spending, only higher and higher taxation which hindered investment, and the only solution from them was that the EU would save us.

But guess what, we dont want to trust anybody else for saving us, we will do it ourselves here in Iceland, because we know that the regulations of the so called EU experts were what helped put us into this mess in the first place.

1 posted on 05/05/2013 8:55:33 AM PDT by Leifur
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To: Truth29; celtic gal; Einherjar; TruthConquers

In case you are interested i pinged you guys, please let me know if there are others (that I may have forgotten also) that might be interested in what is going on in my little country situated between Europe and the US, trying to keep its independence from both, but trading with both and securing a good life from a harsh and rugged land with a small population.


2 posted on 05/05/2013 8:58:33 AM PDT by Leifur
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To: Leifur

Hidden people’s fault.


3 posted on 05/05/2013 9:11:56 AM PDT by Controlling Legal Authority
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To: Leifur

Good luck, FRiend!


4 posted on 05/05/2013 9:16:32 AM PDT by griswold3
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To: Leifur
Thanks for the ping. I had read that Iceland seemed to be pulling through on it own. Kudos to you and stay out of the EU. You are controlling your own destiny and I hope Iceland continues its independent way.
5 posted on 05/05/2013 9:24:27 AM PDT by Truth29
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Russia Today should be just as banned on FR as Lew Rockwell.
iceland bank site:lewrockwell.com
Google

6 posted on 05/05/2013 9:31:34 AM PDT by SunkenCiv (Romney would have been worse, if you're a dumb ass.)
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To: Leifur

Ping


7 posted on 05/05/2013 10:08:15 AM PDT by kabumpo (Kabumpo)
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To: SunkenCiv

Why should it? It is one of few sites that allow discussions that are eurosceptical.


8 posted on 05/05/2013 10:09:23 AM PDT by Leifur
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To: Truth29

Thank you for that, but of course I would like us to be in better cooperation with the US instead of being in a european customs union (or part of the market of that) through the EEA agreement which actively tries to disqualify US made products.


9 posted on 05/05/2013 10:11:20 AM PDT by Leifur
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To: Controlling Legal Authority

They just went back into the hinterlands, so we suddenly had lot of empty houses and reduced consumer demand. Maybe they will start coming back now...


10 posted on 05/05/2013 10:12:27 AM PDT by Leifur
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To: griswold3

Thanks for that, even though I don´t beliewe in luck per se, but taking control of your own destiny.


11 posted on 05/05/2013 10:13:17 AM PDT by Leifur
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To: Leifur

Ping


12 posted on 05/05/2013 10:18:50 AM PDT by kabumpo (Kabumpo)
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To: Leifur; All

Funny is that you will never have a Free Trader Communist Globalist in the US look objectively at why the EU continues to crash....and that the Iceland model of handling the Failure of Free Trade (which is what is really happening in the EU...Failure of Free Trade) is a much better remedy than the Free Trader recommended and used taxpayer-subsidized Bank Bailouts and seizure of private funds/property to temporarily stabilize economies.

I just hope Iceland is careful when dealing with Communist China...US Free Traders sure have not)


13 posted on 05/05/2013 11:17:19 AM PDT by SeminoleCounty (GOP - Greenlighting Obama's Programs)
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To: Leifur

Russia Today is an anti-liberty, pro-dictatorship and pro-Putin agitprop outfit — and the claim that it’s one of the few sites that permits Euroskepticism is ludicrous.


14 posted on 05/05/2013 11:19:53 AM PDT by SunkenCiv (Romney would have been worse, if you're a dumb ass.)
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To: Leifur

You fear the hidden people more than you fear Brussels.


15 posted on 05/05/2013 11:23:27 AM PDT by Controlling Legal Authority
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To: Leifur

Needs more hyperbole. (About par for Russkie propaganda.)

(No offense to Iceland, but no one cares about how the population of a country that amounts to a small suburb elsewhere may vote - other than what that geographic “economy zone” that surrounds the country may promise in exploitable commodities...)


16 posted on 05/05/2013 12:00:50 PM PDT by Moltke ("I am Dr. Sonderborg," he said, "and I don't want any nonsense.")
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To: SeminoleCounty

Being anti-free trade is left wing...I am surprised to see such sentiments in FreeRepublic. Of course, giving free trade deal can though be useful to support your friends and punishing enemies, and you certeinly have enriched the Chineese and their communist masters especially, which may have been a stratetig mistake.

The failure of the EU is that it is not a free trade area that allows it countries to be independent, but a custom union to prevent free trade from abroad and subjecting the countries under a single, undemocratic rule with a political union.


17 posted on 05/06/2013 3:22:07 PM PDT by Leifur
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To: SunkenCiv

Of course it is pro-putin, he probably pays for it, and thus it is probably anti-liberty, but surely European federalism is not pro-liberty, but European federalism may be something putin is afraid of and thus willing to allow euroscepting voices, which surely are pro-liberty, to be heard.


18 posted on 05/06/2013 3:24:25 PM PDT by Leifur
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To: Controlling Legal Authority

There are no hidden people. But Brussel is surely something to be afraid of, look at what Daniel Hannan has said about its hideous strenght, and you will see how dangerous it is.


19 posted on 05/06/2013 3:25:48 PM PDT by Leifur
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To: Moltke

Well we here care, and you should too, because we are one of the few countries in Europe with a strong atlantist heritage that is not yet subject to the anti-american control of Brussel. Even though we are small, it is better to have less enemies than more, especially if strategically situated.

Alas, I am not a native english speaker so I may miss somethings and my manner of writing can be strange or wrong. But I surely do not understand what your first sentence means.


20 posted on 05/06/2013 3:28:42 PM PDT by Leifur
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