Sunday, 11 April 2010
Sunday, 7 March 2010
JOKES ASIDE, I MUST SAY THAT, ALTHOUGH I SYMPATHISE WITH THE PEOPLE OF ICELAND AT A HUMAN, PERSONAL LEVEL, I MUST SAY THAT I DON'T SEE WHY THEY SHOULD GET AWAY WITH THIS. IT WAS, AFTER ALL, THEIR BANKS AND THEIR PEOPLE WHO TRIED TO GET RICH WITH THESE PONZY SCHEMES.
IMAGINE IF THE PEOPLE OF OTHER COUNTRIES COULD JUST VOTE TO GET OUT OF ALL THE TROUBLE THAT THEIR ECONOMIC ELITES HAVE PUT THEM IN? SO, WHEN WE ARE WINNING, WE OBSERVE THE LAW, WHEN WE ARE LOSING WE JUST HAVE A REFERENDUM AND MAKE IT ALL GO AWAY?
Voters in Iceland have overwhelmingly rejected proposals to pay the UK and the Netherlands in the wake of collapse of the Icesave bank.
With a third of results counted, 93% of voters said "No" in a referendum.
The British and Dutch governments want reimbursement for the 3.8bn euros (£3.4bn; $5.2bn) they paid out in compensation to customers in 2008.
Speaking to the BBC, Chancellor Alistair Darling said the UK would get its money back, if not for many years.
"It's not a matter of whether the sum should be paid. There is no question we will get the money back but what I am prepared to do is to talk to Iceland about the terms and conditions of the repayment," he told the BBC's Politics Show.
Asked about how long it would take for the UK to be repaid, Mr Darling said it would take "many, many years".
The referendum followed the breakdown of talks on Friday between Iceland, the UK and the Netherlands.
Prime Minister Johanna Sigurdardottir refused to vote in Saturday's poll and said her government was seeking to continue the negotiations.
With a third of votes counted, 93% of Icelanders have voted "No", less than 2% back the deal, and the remaining votes are invalid.
Johanna Sigurdardottir said that her government would stay in office, despite the "No" results.
"This has no impact on the life of the government," she said.
"Now we need to get on with the task in front of us, namely to finish the negotiations with the Dutch and the British."
During voting on Saturday, hundreds of protesters outside parliament in the capital Reykjavik banged pots and waved banners reading "Icesave No! No! No!".
As results came in, Foreign Minister Ossur Skarphethinsson said talks with the UK and the Netherlands would continue, adding that the referendum result was good for his government's position.
"It certainly doesn't weaken our hand," Ossur Skarphethinsson said.
The government had hoped to avoid the vote by agreeing a new repayment plan before the weekend.
Ossur Skarphethinsson told Reuters news agency he expected a new Icesave deal "in the next weeks, perhaps sooner".
Britain and the Netherlands want the money as repayment for bailing out customers in the Icesave online bank, which folded in 2008 due to the global financial meltdown.
President Grimsson rejected suggestions the vote was meaningless.
"It's not a pointless exercise because the referendum, according to our constitution, is on whether the deal which the British and the Dutch insisted on at the end of last year, should remain in force as a law in this country," he told the BBC.
The rage and the feeling of unfairness here is overwhelming
Ingveldur Eiríksdóttir, Selfoss, Iceland
"It is encouraging that in the last few weeks the British and the Dutch have acknowledged that that deal, on which the referendum takes place, is an unfair deal and that is by itself a tremendous achievement by the referendum... we will be able to continue the negotiations."
Many Icelanders believe the plan should be rejected because they feel they are being penalised for the mistakes of the banking industry.
"I will vote 'No' simply because I disagree very strongly with us... having to shoulder this burden," Ingimar Gudmundsson, a lorry driver, told AFP news agency.
"We want to pay our debts but we want to do it without going bankrupt," Steinunn Ragnarsdottir, a pianist who voted in Reykjavik City Hall, told Reuters.
There is also anger against the UK for using anti-terrorist legislation to freeze Icesave assets in the country.
Arni Gunnarsson, a former Icelandic MP, told the BBC News website: "We have not forgotten how Britain used battleships against Iceland during the cod wars.
"We find this a very strange method of thanking the Icelandic people for sacrificing the lives of their seamen during World War II.
"The colonial attitude is still going strong. The UK should come to its senses."
The Reykjavik government approved the repayment plan last December but it was blocked by President Grimsson in January, which led to the referendum being called.
BBC News, Geneva
Opponents argued that Switzerland had enough animal protection laws
But the measure was rejected by around 70% of voters in a referendum.
Opponents had argued that Switzerland did not need more legislation. The government had opposed the idea.
Voters were almost certainly swayed by worries about how much such a system might cost taxpayers, and by objections from Switzerland's farmers already struggling with reduced subsidies and falling milk prices.
Switzerland already has some of the strictest animal welfare legislation in the world.
Pigs, budgies, goldfish and other social animals cannot be kept alone; horses and cows must have regular exercise outside in summer and winter; and dog owners have to take training courses to learn how to care for their pets.
MY, MY! THESE SWISS ARE REALLY GOING OUT OF CONTROL AND AGAINST THE "HUMANE" TRENDS OF THE NEW WORLD ORDER. FIRST THEY REJECT MULTICULTURALISM, NOW PET LAWYERS. WHAT NEXT? I THINK THEY ARE RIGHT ABOUT THIS LATEST REFERENDUM, THOUGH. LET'S SORT OUT THE HUMAN RIGHTS FIRST AND GIVE LAWYERS TO THOUSANDS OF UNLAWFULLY DETAINED PEOPLE WORLDWIDE. BESIDES, DON'T PUBLIC PROSECUTORS DEAL WITH ANIMAL RIGHTS VIOLATIONS ANYWAY? OF COURSE, THOSE OF US WHO ARE LAWYERS WILL LAMENT THE LOST OPPORTUNITY: WHEN WE SAY OUR CLIENT IS A "BITCH", WE COULD ACTUALLY MEAN IT--LITERALLY!!!
Thursday, 25 February 2010
This should tell you where the world is going: down the toilet!!!
The Chinese got rid of ca. 48 bil USD of treasury bonds at the end of last year and now they will convert the money into gold and prepare for the apocalypse.
In the meantime, the rest of us will sit and stare helplessly at the sovereign debt collapse and the end of the dollar (perhaps also of the euro-unless the PIIGS countries turn things around fast).
Yep, ladies and gents, we'll be back to minting that good ole' metal money in no time! Then we will reverse the effects of the industrial revolution and we'll be lucky if we stop before we reverse the effects of the invention of agriculture and return to being a hunter-gatherer species!
To sum it up: buy precious metals and--horses, also a bit of land and a rifle!
That was the Veljko's world investment tip of the day!
Three arguments in favour:
1) Increased state revenues through taxation
2) The end of the druglords
3) Increased creativity and free thinking that may foster original ideas and leadership that could lead the world into a new phase.
Three arguments against:
1) Increased state revenues are part of the problem-not the solution?
2) The druglords would be replaced by the drug companies-similar business model, the difference being that the drug companies have nice websites?
3) Can we guarantee that increased use of "clean drugs" will yield the creativity needed for the next phase? Wasn't it the 1960s creativity that got us into the mess we are in now?
Wednesday, 24 February 2010
The Albanians are not cooperating with the UN on allegations of organ trafficking, says Philip Alston.
Well, why would they? Would you, if no-one forced you?
It is amazing how Serbia's cooperation is always sought with sanctions, bombs, or severe threats, while for Albania they send a university professor to ask them nicely.