"Voters reject debt deal, results show
REYKJAVIK - Still furious over the crippling aftermath of the global financial crisis, Iceland’s voters rejected a $5.3 billion plan yesterday to pay off Britain and the Netherlands for debts spawned by the collapse of an Icelandic Internet bank, according to initial results. Results returned from around 83,500 ballots - or more than 40 percent of the total ballots expected - counted so far showed that 93 percent of voters said “no’’ in the referendum, compared to just 1.5 percent who said “yes.’’
That is a UNANIMOUS REJECTION of GLOBALISM and the BANKSTERS, folks -- which is why I'm sure it was a BRIEF!
The rest were invalid ballots. Many voters object to the tough terms of the deal imposed by the debtor countries, not the idea of payment itself (AP)."
Another view from the North (well, West, actually):
"Iceland votes 'no' to debt deal for collapsed bank
Voters in tiny Iceland defied their parliament and international pressure, resoundingly rejecting a $5.3 billion plan to repay Britain and the Netherlands for debts spawned by the collapse of an Icelandic bank.
"Note the obvious and heavy-handed spin here!
Iceland defies their parliament? The parliament is supposed to represent the will of the Icelandic people! Their function is to obey orders, not issue them!
It is the previous government of Iceland that defied the will of the people, just like the way the US Congress defied the will of the people to pass TARP!
International pressure? The only pressure is coming from the bankers, who have gotten this silly idea into their heads that they can make bad business decisions, engage in risky, reckless, highly speculative gambling, pay themselves billions on bonuses when the dice roll their way and stick the people with the losses when the game falls apart.
The people of Iceland are right to repudiate this debt. They did not approve of it. They did not agree to it. The debts were not incurred for the betterment of the people of Iceland!
This is a call to keyboards. All the "Rivero's Rangers" are asked to post to the comments section of every Corporate Media article demonizing the Icelandic people for refusing the yoke of servitude created for them the concept of Odious debt and why it applies here!Iceland's people are declaring their economic freedom. It is clear that the people of Iceland do not want more IMF debts, and may not even be all that eager to join the EU if perpetual debt-slavery is the price to join that club.
Of course the corporate media and government spokes-slugs will all condemn the people of Iceland for their refusal to pay for the failings of private bankers. Both governments and corporations are inextricably linked with bankers, so any attempt to refuse indentured servitude, any expression of refusal, any attempt to delink from the global banking cartel will be reported in the darkest possible terms, no different that the manner in which a confederate newspaper would have reported on the escape of a slave.
The faux-outrage is clear; how dare those Icelandic people fail to stand by their banks!
Look around you. Do you see the banks standing by We The People? -- Wake the Flock Up
UK promises flexibility after Iceland shouts 'no'
Britain is "prepared to be flexible" to reach a deal with Iceland over the £2.3bn debt owed since the collapse of the online savings bank Icesave, the Chancellor, Alistair Darling, said yesterday.
Yes, Britain could invade and easily take control of Iceland, but the political costs of such an invasion would be high. Gone forever would be the myth that modern wars are fought for high ideals like freedom and democracy. An invasion of Iceland would show to all the world that Britain had returned to the days of enslavement by military force." -- Wake the Flock Up
There are a LOT of things I find ODIOUS in this world, readers.