From an interview with interview with Ólafur Ragnar Grímsson, President of Iceland.
As everybody knows now, we did not pump public money into the failed banks. We treated them like private companies that went bankrupt, and we let them fail. Some people say we did it because we didn’t have any other option, there is clearly something in that argument, but it does not change the fact that it turned out to be a wise move or whatever reason. Whereas in many other countries, the prevailing orthodoxy is you pump public money into banks and you make taxpayers responsible for the banks in the long run, and somehow treat the banks as if they are holier institutions in the economy than manufacturing companies, commercial companies, IT companies, or whatever. And I have never really understood the argument: why a private bank or financial fund is somehow holier for the well being and future of the economy than the industrial sector, the IT sector, the creative sector, or the manufacturing sector.
Read more: http://www.businessinsider.com/olafur-r ... z1rxWjfHNO
Who does this fucker think he is?
Does he not understand that by lumping banking debts on the next generation over an extended period, one can possibly avoid the sparking of a degree of social dissent, the type of which may or may not force a realignment of the power structures within society....as well as maybe allowing some others to secure houses in SCD and continue as if the delusion which passed for consensus "reality" has not been exposed as an exercise in parasitism?
Does he not understand that the Irish have dedicated institutions such as the FF/FG political tag team designed to protect and promote this very exercise in parasitism and, through the implementation of public policy (and the moulding of public opinion and societal norms), to force all dissenting voices to either shut the fuck up or emigrate? And that this has been the case as per the FF/FG doctrine for nigh on 90 years???
Fuck you Mr Grimsson. Ireland is different...well not to Greece...or maybe Portugal.... or maybe any number of Asian and South American countries who suffered the same treatment at the hands of their own vampire elites during the 70s and 80s. The process is set out pretty clearly here... http://en.wikipedia.org/wiki/Confession ... ic_Hit_Man
....with the author firmly of the opinion that that is what is taking place in Ireland and Greece firstly at present, is perfectly in keeping with his own actions while in the employ of the corporate world during the 70s and 80s.
Here the author speaks about Ireland in particular,... http://www.oneworldscam.com/?p=958
So once again, eff you Mr Grimsson with your notions of democratic accountability, personal integrity and sovereignty.
We're Irish. We do things differently here.