10-06-2015 5:29 PM
10-06-2015 5:31 PM
IMF data shows Iceland's economy recovered after it imprisoned bankers and let banks go bust - instead of bailing them out
10-06-2015 5:53 PM
Too right, agee as well,then add a little stop expense accounts for mp's and jobs for life in civil service, bang them all on zero hour like the rest of us . OR just get on with the EU superbank that has all the money and let ''THE ONE'' decise who eats and who doesn't....but thats after the referendum which will see britain the only country with laws added to all those nobody in general wanted in the first place but still in the EU banking begging business (regardless of how you vote) .
No facts but I havent been wrong yet and to stick another bet on the Tories will win the next 3 elections as well and only swap in 2031 when boris will get PM job for 4 months (gordy brown and jonny major style ...then we will return to a full ruling monarchy under Wills and Kate.
Just call me nostro 🙂
10-06-2015 6:18 PM - edited 10-06-2015 6:22 PM
Hello
"Why should we have a part of our society that is not being policed or without responsibility?" said special prosecutor Olafur Hauksson at the time. "It is dangerous that someone is too big to investigate - it gives a sense there is a safe haven."
What a difference this would/will make if this was the case in the EU/USA
Recovery 'without compromising on welfare model'
This year the International Monetary Fund declared that Iceland had achieved economic recovery 'without compromising its welfare model' of universal healthcare and education.
Other measures of progress like the country’s unemployment rate, compare just as well with countries like the US
Rather than maintaining the value of the krona artificially, Iceland chose to accept inflation.
Says it all really ! Why punish the people rather that the one in Power that in the first place seems to have or have created the problem for all in the first place
Then introduce punishing ways such as:
This pushed prices higher at home but helped exports abroad – in contrast to many countries in the EU, which are now fighting deflation, or prices that keep decreasing year on year.
This year, Iceland will become the first European country that hit crisis in 2008 to beat its pre-crisis peak of economic output.
With the reduction of capital controls – tempered by the 39 per cent tax – it continues to make progress.
"Today is a milestone, a very happy milestone," Iceland’s finance minister Bjarni Benediktsson told the Guardian when he announced the tax
Great for them for finding a way to deal with the problem & indeed jailing the culprit & taking chances in the right direction
If they can do it why not other Countries is the question for me really
Great read indeed
10-06-2015 7:42 PM
10-06-2015 8:00 PM
Lets hope spain arrest their bankers too 🙂
and lets hope they dont default ,think of all the santander customers here there and everywhere
10-06-2015 8:28 PM
10-06-2015 8:45 PM
http://www.bbc.co.uk/news/magazine-33067655
Shame Geordie can't join in?
It's life Jim, but not as WE know it.
Live long and prosper.
10-06-2015 9:10 PM - edited 10-06-2015 9:11 PM
I could ask him for his views if you wish, But they are fairly consistent would you not agree?
10-06-2015 10:31 PM
About time this country grew a set and started jailing some bankers.You've had banks rigging rates,HSBC laundering Mexican cartels drug money,Lloyds denying customers compensation over the PPI misselling,what happens? the banks get a fine and the shareholders end up stumping up,the only thing that will bring them to heel is to jail them,we get apology after apology.......until the next time
10-06-2015 11:34 PM - edited 10-06-2015 11:38 PM
Hello
The Bilderberg meeting, an annual gathering of some of the most powerful and influential figures in the world, starts on Thursday. But who's on this year's guest list?
Says it all really !! Bunch of super rich dictating to the rest of us poor mere being They do not "give a monkey" that is for sure as they live in their super big bubble miles away form the reality like eBay lalalaland it seems where sellers are truly struggling to make a living & being punished for it it seems (draconian defect system for example ) or am I missing something
10-06-2015 11:47 PM
All I wanted was a home
And a roof over our heads;
Somewhere we could call our own
Feel safer in our beds.
There was a storm of money raining down,
It only touched the ground
With a loan I took I can't repay
And the crock of gold you found
Chorus:
At every trough you stopped to feed
With your Arrogance, your Ignorance and Greed.
I never was a cautious man,
I spend more than I'm paid.
But those with something put aside
Are the ones that you betrayed.
With your bonuses and expenses
You shoveled down your throat,
Now you bled the hand that fed you
Dear God I hope you choke!
Chorus:
At every trough you stopped to feed
With your Arrogance, your Ignorance and Greed.
You're on your yacht, we're on our knees,
Through your Arrogance, your Ignorance and Greed.
Toxic springs you tapped and sold,
You poisoned every watering hole,
Your probity,
you exchanged for Gold
The working man stands in line,
The market sets his price,
No feather bed, no golden egg,
No one pays him twice.
So where’s your thrift? And your caution?
Your honest sound advice?
You know you've dealt yourself a winning hand
And loaded at every dice.
Chorus:
At every trough you stopped to feed
With your Arrogance, your Ignorance and Greed.
I pray one day we'll soon be free
From your absolute indifference,
Your avarice, incompetence,
Your Arrogance, your Ignorance and your Greed.
11-06-2015 11:07 AM - edited 11-06-2015 11:08 AM
..Bank chief declares war on City cowboys: Carney urges ten year jail terms and vows, 'the age of irresponsibility is over' Bank of England chief Mark Carney launched crackdown on rouge traders Plans to extend maximum prison sentence for those guilty of market abuse More businesses, including hedge funds, will be subject to the new rules.
11-06-2015 11:18 AM
about time too ,Will be some spooked itchy feet in the greed sector ...sorry I mean 'Investment for you centre'
11-06-2015 11:21 AM
@joamur_gosof wrote:about time too ,Will be some spooked itchy feet in the greed sector ...sorry I mean 'Investment for you centre'
Ha.ha I cant see it Happing to the Tory Bankers..
11-06-2015 12:13 PM
Perhaps the Mail got it wrong.
Their sub-heading says
Bank of England chief Mark Carney launched crackdown on rouge traders
There must be some dirty dealings in the cosmetics market
11-06-2015 4:06 PM
Damn, no bankers in prison then 😞
Oh well it's very sunny again ,hurray 🙂
11-06-2015 6:12 PM
@suzieseaside wrote:Perhaps the Mail got it wrong.
Their sub-heading says
Bank of England chief Mark Carney launched crackdown on rouge traders
There must be some dirty dealings in the cosmetics market
Yes, the rouge traders were blatanty trying to paint over the unacceptable face of Capitalism. A vain effort! Marxists see through it.
11-06-2015 8:01 PM
An Irishman in Canada says what most people in Ireland think http:/ / www. youtube. com/ watch? v= koY6kXhQDQo&feature= player_embedded