cyu
22nd January 2009, 19:45
A lot of timid liberal junk in this article, so I'm just including the interesting excerpts from http://www.huffingtonpost.com/iris-lee/iceland-is-burning_b_159552.html
The protesters pounded drums and other instruments, shouted slogans against the government and parliament and threw eggs and food items, even old shoes at the house of parliament.
a recent survey indicated that 40% of households and 70% of businesses were technically bankrupt.
After years of tight state regulation, the conservative government of David Oddsson privatized Iceland's banks, and in exchange the newly-rich owners of these banks ensured that Oddson's party remained in power. Even after he stepped down, he had himself appointed as head of Iceland's Central Bank and continued to ensure that regulatory oversight was kept to a minimum.
The Icelandic government appears to be completely oblivious to Reykjavik burning around them, fiddling with vital legislative affairs, such as the item on today's parliamentary agenda, the Conservative party's bill to allow supermarkets to sell booze.
The protesters pounded drums and other instruments, shouted slogans against the government and parliament and threw eggs and food items, even old shoes at the house of parliament.
a recent survey indicated that 40% of households and 70% of businesses were technically bankrupt.
After years of tight state regulation, the conservative government of David Oddsson privatized Iceland's banks, and in exchange the newly-rich owners of these banks ensured that Oddson's party remained in power. Even after he stepped down, he had himself appointed as head of Iceland's Central Bank and continued to ensure that regulatory oversight was kept to a minimum.
The Icelandic government appears to be completely oblivious to Reykjavik burning around them, fiddling with vital legislative affairs, such as the item on today's parliamentary agenda, the Conservative party's bill to allow supermarkets to sell booze.