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Iceland votes not to hold referendum
Bahrain News.Net
Tuesday 9th March, 2010
Icelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international debts.
The rejection means a $5.3 billion deal to repay debts to Britain and the Netherlands for their losses in the 2008 collapse of Iceland's private online bank, Icesave, will no longer go ahead.
More than 93 percent of eligible voters ensured a resounding negative ballot for compensating Britain and Holland.
To ensure the return of Icesave depositors in Holland and the UK, each Icelandic citizen would have had to commit around $135 a month for eight years to pay the money back.
About 340,000 citizens of Britain and Holland lost all the money they had in Icesave.
Iceland's finance minister, Steingrimur Sigfusson, has said Reykjavik will honour its financial obligations regardless of the poll's outcome.  Email this story to a friend
Comments on this story
Anonymous
03-10-10, 03:10 AM |
Iceland rejects payments to Britain and Holland
THANK YOU ICELAND!
THE PEOPLE OF BRITAIN AND HOLLAND DID NOT REALLY LOST ALL THEIR MONEY THEY HAD IN ICESAVE.
THE US-UK-EU BANKERS JUST DON’T WANT TO GIVE THE IMPRESSION THAT THEY ARE LOSING CONTROL.
THE BANKERS COULD HAVE PRINTED COUNTLESS MORE MONEY AS WELL AS KEY IN THE NUMBERS INTO THE BANKING COMPUTERS CREATING MONEY OUT OF BITS AND BYTES (WELCOME TO THE WORLD OF FIAT MONEY) TO PAY OFF THE MONEY CLAIMED TO BE LOST BY THESE PEOPLE (VERY CLEVER GAME OF DECEPTION).
THE BANKERS WANT GOVERNMENTS TO INDIRECTLY *PAY* THE BANKERS FOR THE MONEY THE BANKERS LOST (BY THEIR GAME OF GREED) WHICH WAS CREATED OUT OF NOTHING (FIAT MONEY) THROUGH TAXATION ON THE PEOPLE, THROUGH TANGIBLE MEANS SUCH AS MORE IMPOSED PRODUCTION OF GOODS AND SERVICES BY THE PEOPLE, AND THROUGH THE FORCED (THROUGH BRIBES AND EXTORTIONS ON GOVERNMENT OFFICIALS) SELLING OUT OF EACH COUNTRY’S NATURAL RESERVES TO THE BANKERS.
THE GENERAL POPULATIONS OF EVERY COUNTRY IN THE WORLD DIRECTLY PAY FOR TOO MANY THINGS THE BANKERS DON’T OWN!
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